Economics and Business Administration — Management of Innovation Processes

Study mode:On campus Study type:Full-time Languages: English
Foreign:$ 9.64 k / Year(s) Deadline: Jun 1, 2026
StudyQA ranking:15299 Duration:2 years

The Bachelor's degree program in Economics and Business Administration with a specialization in Management of Innovation Processes at the University of Southern Denmark provides students with a comprehensive understanding of how innovative processes operate within modern organizations and economies. This program is designed to equip students with the analytical, managerial, and practical skills necessary for leading and managing innovation initiatives in a variety of business contexts. Throughout the program, students will explore key concepts in economics, strategic management, organizational behavior, and technological development, gaining insights into how innovation drives competitive advantage and economic growth. The curriculum combines theoretical foundations with practical applications, including case studies, project work, and internships, enabling students to develop problem-solving skills and to apply their knowledge in real-world scenarios. Emphasis is placed on understanding the dynamics of innovation ecosystems, entrepreneurship, and sustainable development, preparing graduates for careers in industries that rely heavily on innovation and technological advancement. Graduates of this program will be well-equipped to work in managerial roles within R&D departments, innovation consultancy firms, or in strategic positions where they can influence the development and implementation of new products, services, and processes. Additionally, the program fosters entrepreneurial thinking, encouraging students to develop their own innovative ideas and business concepts. The program is delivered in English and includes a diverse international student body, providing a global perspective on innovation management. With close ties to industry partners and research institutions, students have opportunities for networking, collaboration, and gaining practical experience through projects and internships. Upon graduation, students will be prepared to contribute to organizational development and to participate actively in shaping innovative solutions that support sustainable economic development. The program typically spans three years, culminating in a Bachelor's degree that offers a solid foundation for further studies or immediate entry into the workforce, especially within sectors that value innovation and entrepreneurial skills.

The Bachelor’s Degree Program in Economics and Business Administration with a specialization in Management of Innovation Processes at the University of Southern Denmark is designed to equip students with a comprehensive understanding of the fundamental principles of economics, business management, and innovation. This program aims to prepare graduates to effectively analyze and manage innovative initiatives within organizations, adapting to the rapidly changing economic landscape and technological advancements.

Throughout the program, students will gain a solid foundation in core business disciplines such as marketing, finance, organization, and leadership, complemented by specialized courses focused on innovation management, entrepreneurial processes, and strategic development. The curriculum emphasizes practical learning methods, including case studies, project work, and collaboration with industry partners, enabling students to develop critical thinking, problem-solving skills, and practical competencies needed in innovation-driven environments.

In addition to theoretical knowledge, students will explore various approaches to managing innovation within different organizational contexts. Topics covered include the development of innovative products and services, organizational change management, digital transformation, and sustainable business practices. The program also highlights the importance of entrepreneurship and how innovative processes contribute to economic growth and competitiveness.

Students will have opportunities to participate in internships, project assignments, and international exchanges to gain real-world experience and broaden their perspectives. The program prepares graduates for careers in a variety of sectors, including consulting, entrepreneurship, project management, and roles that require expertise in managing innovation processes. Upon graduation, students will possess both the analytical and practical skills necessary to contribute to the development and implementation of innovative solutions within organizations.

The program is structured to foster an international outlook, encouraging students to understand global trends and cross-cultural differences that influence innovation management. With a combination of academic rigor and practical relevance, the Bachelor’s Degree in Economics and Business Administration with specialization in Management of Innovation Processes offers a challenging and rewarding educational experience for future innovators and business leaders.

Program requirements for the MSc in Economics and Business Administration - Management of Innovation Processes at the University of Southern Denmark typically include a relevant bachelor's degree in economics, business administration, or a closely related field. Applicants must demonstrate proficiency in English through standardized tests such as IELTS or TOEFL, meeting the minimum score requirements outlined by the university. Academic prerequisites often specify a certain level of coursework in subjects like economics, management, or innovation studies to ensure students possess foundational knowledge necessary for advanced study. Additionally, relevant work experience or internships in innovation management or related fields may be considered advantageous during the admission process. The application process requires submitting official transcripts, a CV or resume, a motivational letter explaining the applicant’s interest and goals, and references or recommendation letters where applicable. The program emphasizes a multidisciplinary approach, combining theoretical knowledge with practical skills in managing innovation processes within organizations. Prospective students should also be prepared to engage actively in teamwork, case studies, and project-based learning modules. The curriculum may necessitate certain prerequisites or foundational modules for students coming from diverse academic backgrounds to ensure they can follow the advanced coursework effectively. In some cases, the university offers preparatory courses or bridging modules for students who do not meet all specific academic criteria but show strong motivation and relevant experience. The program entrance requirements are designed to select students with strong analytical, problem-solving, and communication skills, all essential for managing innovation and change within dynamic business environments. The admission criteria and procedures are detailed on the official university website, and applicants are encouraged to review the specific requirements for each intake period to ensure they submit complete and compliant applications. Overall, the program aims to cultivate innovative thinking and strategic management skills relevant to contemporary global business challenges, preparing graduates for careers in innovation management, strategic consulting, entrepreneurial ventures, or research roles in related fields.


Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

  • ✔️ Flexible study schedule
  • ✔️ Experienced teachers
  • ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

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The Financing aspects of the Economics and Business Administration — Management of Innovation Processes program at the University of Southern Denmark are structured to provide students with comprehensive insight into financial management within innovative organizations. The program emphasizes understanding the theoretical foundations and practical applications of financial decision-making, investment analysis, and funding strategies essential for leading and managing innovative projects and enterprises.

Students will explore various sources of financing for startups and established companies, including venture capital, private equity, government grants, and EU funding programs. The curriculum incorporates modules on financial planning, budgeting, and financial reporting tailored to the dynamic environment of innovation-driven industries. Additionally, students gain competence in evaluating the financial viability of innovative initiatives, conducting risk assessments, and developing sustainable financial models that align with corporate strategic goals.

The program also covers the role of financial markets and institutions in facilitating innovation, examining how access to capital influences technological development and organizational growth. Practical training includes case studies, financial simulations, and project work, enabling students to apply theoretical knowledge to real-world scenarios. The university collaborates with industry partners, providing opportunities for internships and networking that facilitate understanding of current financing landscapes and challenges.

Moreover, the program emphasizes ethical considerations and responsible financial management in innovation, preparing students to make sound financial decisions respecting legal frameworks and societal expectations. The University of Southern Denmark supports students in their pursuit of funding their research projects and innovative endeavors through various internal scholarships and external funding opportunities. Graduates are equipped to pursue careers in financial management, consulting, venture capital, or entrepreneurial ventures, where their expertise in financing innovation is highly valued. Overall, the financing component of this program plays a critical role in preparing students to navigate the complex financial environment surrounding innovation and to contribute effectively to the growth and sustainability of their future organizations.

The Bachelor's degree program in Economics and Business Administration — Management of Innovation Processes at the University of Southern Denmark is designed to prepare students for a career in managing and leading innovation within various organizational contexts. The program offers a comprehensive curriculum that combines core business administration principles with specialized knowledge in innovation management. Students gain an understanding of how to develop, implement, and sustain innovative strategies in dynamic markets, emphasizing creativity, entrepreneurship, and organizational change. The program typically spans three years, equating to 180 ECTS credits, and is structured to include a blend of theoretical coursework, practical projects, and potentially internships or collaborations with industry partners.

Throughout the program, students are introduced to essential topics such as strategic management, organizational behavior, innovation processes, digital transformation, and entrepreneurship. They learn to analyze market trends, evaluate technological advancements, and develop innovative solutions to complex business problems. The curriculum often incorporates case studies, group work, and hands-on projects to foster practical skills and teamwork abilities. Furthermore, students have opportunities to specialize or deepen their knowledge in areas related to managing innovation, such as technology management, product development, or service innovation. The program aims to equip graduates with the skills necessary to foster innovation within established businesses or startup environments, making them attractive candidates for roles such as innovation managers, project leaders, or consultants.

The teaching approach at the University of Southern Denmark emphasizes active learning, reflection, and real-world application. It encourages students to think critically, work collaboratively, and communicate effectively. The program also promotes international outlooks by offering exchange opportunities and courses that include global perspectives on innovation management. Upon graduation, students will have the competencies to contribute to the development and implementation of innovative solutions that can improve business performance and foster sustainable growth. The university’s strong ties with local and international industries provide a supportive environment for career development and networking. Overall, this program prepares students to operate at the forefront of innovation, equipped with both theoretical understanding and practical skills necessary for success in today’s competitive global economy.

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