Master in Management of Innovation and Sustainable Business Development

Master in Management of Innovation and Sustainable Business Development

Photo: Tone Molnes/NTNU

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MSMI, Wed Oct 21 10:39:03 CEST 2026 | M2

Lead innovation. Drive sustainable change.

Do you want to turn ideas into action and help organisations innovate, adapt and create sustainable value?

The Master's in Management of Innovation and Sustainable Business Development prepares you to lead and contribute to innovation, entrepreneurship and sustainable business development. You will learn how to identify opportunities, develop new solutions and manage change in organisations.

Throughout the programme, you will apply your knowledge to real-world challenges and develop practical skills through teamwork and problem-solving. You can also gain professional experience through an internship, study abroad, or explore and develop your own business ideas.

What will you learn?

What will you learn?

Learn how organisations can turn new ideas into action and navigate innovation, sustainability and change.

You will develop knowledge and skills in innovation, entrepreneurship, sustainable business development and change management. Throughout the programme, you will learn to identify opportunities, develop solutions and understand how organisations can create value while responding to changing business and societal needs.

Through teamwork, projects and practical problem-solving, you will also develop your ability to think critically, collaborate with others and manage complex challenges.

Read more about what you will learn

What can you become?

What can you become?

The Master's in Management of Innovation and Sustainable Business Development prepares you for a wide range of careers in organisations working with innovation, sustainability, business development and change.

Depending on your interests and experience, you can pursue opportunities within areas such as innovation management, sustainability, business development, consulting, entrepreneurship and organisational development. Potential roles include innovation manager, sustainability advisor, business developer, project manager or consultant.

 

Read more about career opportunities

Study environment

Study environment

Ålesund offers a close-knit and international study environment, where small classes make it easy to get to know both fellow students and lecturers. As a student here you will be a part of a vibrant and welcoming student environment. There are many student organizations that you can engage yourself in. For master students at NTNU School of International Business the student organization Fjord Finance offers social and professional events that you can join.

The campus has close connections with local and regional industry, giving you opportunities to meet companies and professionals throughout your studies. Outside the classroom, Ålesund combines an active student community with fjords, mountains and the ocean right on your doorstep.

 

Read more about the study environment

Programme structure

Programme structure

The Master's in Management of Innovation and Sustainable Business Development is a two-year, full-time programme worth 120 ECTS credits, with 30 ECTS credits completed each semester.

The programme combines courses in innovation, entrepreneurship, sustainability, business development and change management with opportunities to shape your studies through electives and practical experience.

In your third semester, you can add an international or professional dimension to your degree by studying abroad, take part in Gründerskolen (The Norwegian School of Entrepreneurship) or completing an internship with an organisation. The programme concludes with a master's thesis, where you can explore a topic relevant to your interests and future career

Explore semester abroad opportunities → Study abroad 
Learn more about internships → internship
Read more about The Norwegian School of Entrepreneurship → Gründerskolen

Read more about the programme structure

Admission

Admission

Admission requirements

Applicants must have completed a bachelor's degree in business administration, marketing, innovation, entrepreneurship, management, organizational studies or equivalent with a grade point average of at least C.

The bachelor's degree must have been completed by the start of the semester at NTNU in August and must include at least 80 ECTS in courses within business, economics, management, marketing, innovation, entrepreneurship or organizational studies.

For students at NTNU in Aalesund, the following bachelor degrees are accepted for qualification into the programme:

  • Bachelor in marketing, innovation and management
  • Bachelor in business administration
  • Bachelor in biomarine innovation
  • Bachelor in shipping management

Read more about admission here


Application deadlines 

  • Non-EU/non-EEA students: 1 December
  • EU/EEA/Swiss students:  1 March
  • Norwegian/Nordic students: 15 April

Read more about how to apply


Application fee and tuition

There is no application fee.

  • EU/EEA students: No tuition fee
  • Non-EU/EEA students: NOK 61,701 (approximately USD 6,005) per academic year


Student housing in Ålesund

Non-EU students: Guaranteed student housing through the Student Welfare Organisation (Sit)

EU students: Prioritised for student housing, but availability cannot be guaranteed

Read more about student housing in Ålesund 

Contact

Contact

Do you want more information about the programme and the application process?

Use web form or contact us directly

Meet the students

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Do you want to know how it is to be a student at NTNU in Ålesund? 

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