Innovation Management and Entrepreneurship

Programme overview

In a rapidly evolving global economy driven by innovation, technology, and entrepreneurship, organisations require leaders capable of creating and scaling value-driven solutions. The MSc in Innovation Management and Entrepreneurship equips students with advanced competencies in innovation management, strategic decision-making, and entrepreneurial development across diverse industries. The programme is delivered by the AACSB-accredited School of Economics and Business, placing it among the top six percent of business schools worldwide and ensuring high academic quality and international recognition. Students learn from international academics, researchers, and industry practitioners while engaging in research and innovation projects. Graduates pursue careers as innovation leaders, entrepreneurs, strategic managers, or continue at the doctoral level.

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Programme Structure

The programme integrates innovation management, entrepreneurship, strategy, and research methods to prepare graduates for leading complex innovation-driven initiatives.

critical thinking, strategic thinking, entrepreneurial mindset, influential leadership, effective communication and collaboration, adaptability and working under uncertainty.
innovation and business model development, intellectual capital management, technology venturing, strategic project management, and business valuation.
innovation management frameworks, business modelling tools, valuation techniques, and research design methodologies.
applied research projects, innovation-focused assignments, and entrepreneurial project development.

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Admission requirements

University bachelor degree certificate	Business and public management, social sciences and ≥ 12 credits of completed subjects in the study fields of business, public management and social sciences.
Proficiency in English	IELTS ≥ 6.0, TOEFL ≥ 85, CEFR ≥ C1, or previously completed studies in english language.
Transcript requirements	Obtain a suitable transcript of your bachelor’s degree from your school. If unavailable, provide official translations and verified copies of the original documents.
Accepted languages	English
Document legislation	The documents must be legalised (Apostille) by the Ministry of Foreign Affairs of the country where the documents were issued. This requirement does not apply to the documents issued in the EU and Belarus, Ukraine.

Funding opportunities

All international students automatically become candidates to receive the Scholarship for International Students, which is assigned for first-year Bachelor or Master students with strong academic records and motivation.

The residents of European Union countries and the global citizens of Lithuanian origin can apply for state-funded study places. This means that all the applicants, who fall into one of the aforementioned categories, will participate in the general admission’s competition for state-funded study places and get the chance to study free of charge, depending on their admission score.

Campus life

The main KTU Campus is within walking distance from the city centre. In the campus, university sports halls and courts, dormitories, shops and recreational areas are all nearby. KTU boasts the active student community, with 6 art societies and over 20 students’ organisations. Our students can choose from 100 weekly sports classes, and join one of 20 sports teams. All of this is free of charge.

Over 40 thousand students study in Kaunas, and of these, around 10% are international students. Lush parks, lively squares, cosy cafes and buzzing cultural life make Kaunas attractive not only as a travel destination but also as a place to live.

Autumn Intake Deadline

2026-06-01

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