Bachelor of Science in Economics and Business Administration — Innovation Management

The Bachelor of Science in Economics and Business Administration – Innovation Management at Aarhus University offers students a comprehensive and dynamic education designed to prepare them for the rapidly evolving world of business innovation. This programme provides a solid foundation in core economic and business principles, combined with specialized knowledge and skills in innovation management. Students will explore how enterprises develop new products, services, and business models, and how they can effectively manage the processes involved in innovation to achieve competitive advantage. The curriculum emphasizes practical applications, critical thinking, and strategic problem-solving, enabling graduates to contribute to innovation-driven environments across various industries.

Throughout the programme, students will engage with a diverse range of subjects, including entrepreneurial finance, digital innovation, organizational change, marketing, and sustainable development. The programme combines theoretical insights with hands-on projects, case studies, and collaboration with industry partners, fostering an entrepreneurial mindset and a capacity for innovative thinking. Students are encouraged to work in teams, develop leadership skills, and apply their knowledge in real-world contexts, preparing them for careers in innovation management, consulting, entrepreneurship, and broader managerial roles.

The programme is designed to be internationally oriented, with opportunities for student exchanges and internships abroad, exposing students to global business practices and diverse cultural perspectives. Graduates from this programme will be equipped with analytical skills, strategic insight, and practical experience that are crucial for leading innovation initiatives within organizations, starting new ventures, or advancing further in postgraduate studies. Aarhus University's innovative learning environment and close industry contact ensure that students graduate not only with academic knowledge but also with the confidence and competencies needed to succeed in today’s competitive and ever-changing business landscape.

The Bachelor's degree program in Economics and Business Administration with a specialization in Innovation Management at Aarhus University offers students a comprehensive education in economic theory, business strategies, and innovation processes. The program is designed to equip students with the analytical, managerial, and entrepreneurial skills necessary to navigate and influence the dynamic landscape of modern businesses and economies. Over the course of the curriculum, students will engage with fundamental economic concepts, including microeconomics, macroeconomics, and quantitative methods, providing a solid foundation for understanding market mechanisms and economic policy.

The program emphasizes the development of practical skills in business management, strategic planning, and organizational development. Through a combination of lectures, case studies, group projects, and internships, students will learn how to identify opportunities for innovation within various industries and develop strategies to implement innovative solutions successfully. The Innovation Management specialization focuses on fostering creativity, managing technological change, and understanding the factors that drive innovation in competitive markets. Students will study topics such as product development, business model innovation, digital transformation, and sustainable entrepreneurship.

A key aspect of the program is fostering entrepreneurial mindsets and innovative thinking. Students will explore the role of innovation in economic growth and organizational success, gaining insights into how startups and established companies can effectively manage innovation processes. The curriculum also incorporates modern tools and methods, including data analysis, digital tools, and project management, essential for leading innovative initiatives in today’s digital economy.

The program prepares students for a variety of careers in consulting, management, entrepreneurship, and innovation-driven industries. Graduates will possess not only a solid economic understanding but also the capability to lead change, develop innovative products and services, and contribute to sustainable economic development. With an international perspective integrated throughout the program, students will be encouraged to consider global challenges and opportunities, preparing them to thrive in a connected world. Overall, this program aims to produce versatile, innovative, and socially responsible professionals equipped to shape the future of business and society.

Program requirements for the Bachelor's degree in Economics and Business Administration — Innovation Management at Aarhus University typically include the completion of mandatory coursework in economics, business administration, innovation management, and related fields. Students are expected to acquire fundamental knowledge in microeconomics, macroeconomics, financial accounting, management principles, and marketing. The program emphasizes developing analytical skills, strategic thinking, and innovative capabilities essential for managing and leading innovative projects and organizations.

Students must undertake a series of core courses that cover topics such as business development, innovation theories, entrepreneurship, organizational design, and change management. Electives allow specialization in areas like digital innovation, sustainable business practices, or international business, depending on student interests. In addition, students are usually required to participate in project work, internships, or practical assignments to gain real-world experience in innovation management environments.

The program also includes a final project or thesis, requiring students to conduct research or practical projects related to innovation processes, providing an opportunity to demonstrate comprehensive understanding and application of knowledge gained during the studies. Language proficiency in English is mandatory, often demonstrated through standardized tests, to ensure students can engage with international academic and business environments effectively.

To graduate, students must meet attendance requirements, pass examinations, and fulfill credit requirements as specified by the university. The program may also require students to participate in seminars, workshops, or industry visits to enhance practical understanding of contemporary challenges in innovation and business management. Overall, the program aims to produce graduates capable of driving innovation in various organizational contexts, equipped with both theoretical knowledge and practical skills necessary for success in the evolving global economy.

The Financing of the Bachelor’s programme in Economics and Business Administration with a specialization in Innovation Management at Aarhus University is primarily supported through a combination of public funding, tuition fees, and scholarships. As a Danish university, Aarhus University benefits from government funding mechanisms that subsidize higher education for Danish and EU/EEA students, ensuring affordable access to education. For students from the EU/EEA, tuition fees are generally covered by these subsidies, and students may only need to cover minor administrative fees or living expenses.

International students from outside the EU/EEA are required to pay tuition fees, which vary depending on the programme. For this specific programme, the fees are set annually and are published on the university's official website. The fee structure typically encompasses the cost of instruction, access to university facilities, and administrative services. The estimated annual tuition fee for non-EU/EEA students is aligned with similar programmes at Aarhus University and can range in the approximate bracket of 8,000 to 15,000 euros per academic year.

Students have access to various scholarship opportunities designed to assist financially. Aarhus University offers a range of scholarships for international students, including the Aarhus University Scholarships, which are merit-based and aim to support students with outstanding academic records. These scholarships can cover partial or full tuition fees and are highly competitive. Additionally, students are encouraged to explore external funding sources, such as governmental scholarships, private foundations, and student loan options in their home countries.

Living expenses in Aarhus are an important part of the overall financing of the programme. The city offers a relatively affordable cost of living compared to other Scandinavian capitals, but students should budget for accommodation, food, transportation, books, and leisure activities. On average, students may estimate their monthly living costs at around 800 to 1,200 euros. Many students find part-time employment opportunities, which are feasible within Danish regulations, to supplement their income. The university also provides financial advice and support services to help students manage their finances effectively.

In summary, financing the programme involves a mix of publicly supported tuition fees for EU/EEA students, tuition fees for non-EU/EEA students, scholarships, and personal financial planning. The government’s commitment to accessible higher education, combined with the availability of scholarships and part-time work options, makes studying at Aarhus University a financially manageable option for many students.

The Bachelor in Economics and Business Administration with a specialization in Innovation Management at Aarhus University is a comprehensive undergraduate program designed to provide students with a solid foundation in economic theory, business practices, and innovative strategies. The program aims to develop graduates who are capable of analyzing complex economic issues and implementing innovative solutions within organizations and markets. The curriculum combines core courses in economics, accounting, finance, management, and marketing with specialized classes in innovation processes, entrepreneurial thinking, and technology management. Students gain practical skills through project work, case studies, and group assignments, fostering teamwork and problem-solving abilities relevant to real-world business challenges. The program emphasizes an international perspective, often including opportunities for semester exchanges, internships, and collaborative projects with companies to enhance practical experience and global insight. Graduates of the program are prepared for careers in various sectors such as consulting, marketing, product development, and entrepreneurial ventures, or for further studies in master's programs. Aarhus University provides a dynamic learning environment with modern facilities, experienced faculty, and a supportive student community. The program duration is typically three years, and upon completion, students are awarded a Bachelor's degree, which may facilitate admission to international master's programs, especially within Denmark and the European Union. The program's focus on innovation management ensures that students are well-versed in developing new business ideas, managing innovation processes within organizations, and understanding the strategic implications of technological advances. The program also emphasizes the importance of sustainable and responsible business practices, preparing students to address contemporary economic and societal challenges. Overall, the Bachelor in Economics and Business Administration — Innovation Management at Aarhus University offers a rigorous academic pathway combined with practical preparation for dynamic careers in innovation-driven industries.