Management of Innovation and Sustainable Business Development M.Sc. at Norwegian University of Science and Technology (NTNU) | Mastersportal
Highlights
Tuition fee
61701 NOK / year
Free
Unknown
Tuition fee
61701 NOK / year
Free
Unknown
Duration
24 months
Duration
24 months
Apply date
Unknown
Apply date
Unknown
Start date
Unknown
Start date
Unknown
Campus location
Ålesund, Norway
Campus location
Ålesund, Norway
Taught in
English
Taught in
English

About

The MSc in Management of Innovation and Sustainable Business Development from the Norwegian University of Science and Technology (NTNU) is designed for students who want to create positive change through innovation and sustainable business practices. The programme equips you with practical and analytical skills in innovation management, entrepreneurship, sustainability, and organizational change. 

Visit programme website for more information

Overview

Through the Management of Innovation and Sustainable Business Development programme from the Norwegian University of Science and Technology (NTNU) , you will learn how to develop and lead innovative solutions in complex and rapidly changing environments. Studying in Ålesund places you close to forward-looking industries and real-world innovation processes. As part of the first cohorts, you will help shape a future-oriented programme with strong relevance for tomorrow’s organizations.

This programme focuses on themes within innovation, entrepreneurship, sustainability management, sustainable business development and change management. You'll learn to lead sustainability initiatives and innovation processes in a business setting and will also have the opportunity to work on your own business ideas during the master's degree. 

Whilst studying the Management of Innovation and Sustainable Business Development with us, you will further develop important 21st century skills such as teamwork, problem-solving, critical thinking and creativity through collaboration, reflection, experience sharing, and project-related work.

Career opportunities:

The MSc programme provides opportunities for careers within sustainability, innovation, entrepreneurship and management. 

You will develop competences and in-depth knowledge in sustainability management, innovation management, sustainable business development, change management, systems thinking, customer-driven innovation and entrepreneurship, all of which are highly attractive in the workplace. 

The MSc leads to a variety of career paths, and you will be able to work at different levels in an organization including corporate management. Some of the possible career opportunities include;

  • Innovation Consultant
  • Sustainability Consultant
  • Organisational Development Consultant
  • Strategy Consultant
  • Sustainability Manager
  • ESG Analyst
  • Innovation Manager
  • Business Developer
  • Project Manager
  • Policy Advisor

Programme Structure

Structure:

  • The first and second semester consists of compulsory courses in innovation, entrepreneurship, sustainability, change management and research methods.

  • In the summer between the first and second year you can do a summer semester through Gründerskolen (The Norwegian School of Entrepreneurship)

  • In the third semester you can do an exchange semester abroad or to specialize further through compulsory and elective courses in Aalesund. You can also include an internship as an elective in your third semester.

  • In the fourth and final semester you will write your master thesis.

Key information

Duration

  • Full-time
    • 24 months

Start dates & application deadlines

More details
  • Non-EU/EEA deadline - 1 December

Language

English
TOEFL® IBT
90
PTE Academic
62
IELTS
6.5

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Credits

120 ECTS

Delivered

On Campus

Campus Location

  • Ålesund, Norway

What students do after studying

Join for free or log in to access our complete career info list.

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

TOEFL® IBT
90
PTE Academic
62
IELTS
6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation
Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

  • Trusted by 300k learners
  • 98 accuracy using real exam data
  • 4.9/5 student rating

Other requirements

General 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

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Norwegian University of Science and Technology (NTNU) and/or in Norway, please visit Student Insurance Portal.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.
  • International

    Non-residents
    61701 NOK / year
    61701 NOK / year
  • EU/EEA

    EU/EEA Nationals
    Free

Additional Details

  • International students (non-EU/EEA) tuition: approximately 6,005 USD

Living costs

Ålesund

Norway
12000 - 17000 NOK / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

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Scholarships Information

Below you will find Master's scholarship opportunities for Management of Innovation and Sustainable Business Development.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

Independent provider
Grant
Various benefits
Deadline
07 Oct 2026
Fulbright U.S. Student Program

Read more about eligibility

U.S. government
Location not available
Independent provider
Grant
33600 EUR
Deadline
01 Jul 2026
Mundus MAPP EMJM Scholarship
Merit-based

Read more about eligibility

Mundus MAPP
Location not available
Independent provider
Grant
1000 USD
Deadline
30 Nov 2026
ServiceScape Scholarship

Read more about eligibility

ServiceScape
Location not available
Independent provider
Grant
3000 EUR
Deadline
Anytime
Scholarship Scheme set up with the Norwegian University of Science and Technology (NTNU).

Read more about eligibility

The Anglo-Norse Society - scholarships & grants
Location not available
Independent provider
Grant
3500 USD
Deadline
15 Nov 2026
ACES Scholarships

Read more about eligibility

ACES Education Fund
Location not available
Independent provider
Grant
3000 GBP
Deadline
19 Jun 2026
Scholarship Scheme set up with UiT, The Arctic University of Norway
Merit-based

Read more about eligibility

The Anglo-Norse Society - scholarships & grants
Location not available
Independent provider
Grant
40000 NOK
Deadline
01 Dec 2026
NORAM Scholarships

Read more about eligibility

The Norway-America Association
Location not available
Independent provider
Grant
2000 USD
Deadline
01 Sep 2026
The Rick Blight Leadership in Action Scholarship for Athletes
Merit-based

Read more about eligibility

Canadian Men’s Health Foundation
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus+ - Grants for study mobility
Merit-based

Read more about eligibility

OeAD, Austria's Agency for Education and Internationalisation
Location not available
Independent provider
Grant
1500 USD
Deadline
15 Sep 2026
Headway’s Book Lovers Scholarship
Merit-based

Read more about eligibility

Headway
Location not available
Independent provider
Grant
3000 USD
Deadline
30 Jun 2026
Moving Mates Scholarship
Need-based

Read more about eligibility

Moving Mates
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Queen Elizabeth Commonwealth Scholarships

Read more about eligibility

ACU (The Association of Commonweath Universities)
Location not available
Independent provider
Grant
5000 EUR
Deadline
15 May 2026
Study a Master's in Europe Scholarship
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
1000 USD
Deadline
06 Jul 2026
Jewish Heritage Scholarship
Merit-based

Read more about eligibility

Diamant Gerstein
Location not available
Independent provider
Grant
5000 USD
Deadline
28 Aug 2026
Women Scholarship for International Students
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
3500 USD
Deadline
15 Nov 2026
The Bill Walsh Scholarship
Merit-based

Read more about eligibility

ACES: The Society for Editing
Location not available
Independent provider
Grant
25000 USD
Deadline
30 Apr 2026
Atlas Shrugged Essay Contest

Read more about eligibility

Ayn Rand Institute
Location not available
Independent provider
Grant
5000 CAD
Deadline
31 Dec 2026
Pinsky Law New Venture Development Scholarship
Merit-based

Read more about eligibility

Pinsky Law
Location not available
Independent provider
Grant
1000 USD
Deadline
13 Jul 2026
Dream Chaser Scholarship
Merit-based

Read more about eligibility

Salvado Law
Location not available
Independent provider
Grant
7000 USD
Deadline
24 Apr 2026
Go Global MBA Scholarship
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
5000 SEK
Deadline
30 Apr 2026
Kreditkortlistan Financial Scholarship
Merit-based

Read more about eligibility

Enkla Media - Kreditkortlistan
Location not available
Independent provider
Grant
1000 USD
Deadline
31 Oct 2026
$1,500 Annual Video Contest Scholarship
Merit-based

Read more about eligibility

IvyPanda
Location not available
Independent provider
Grant
500 USD
Deadline
31 Oct 2026
CryptoRunner Scholarship

Read more about eligibility

CryptoRunner
Location not available
Independent provider
Grant
3000 USD
Deadline
31 Dec 2026
Scholarship for students with disabilities
Need-based

Read more about eligibility

Anonymous Hope Fund
Location not available
Independent provider
Grant
500 GBP
Deadline
30 Sep 2026
Anglo-Norse Society - Other awards and Grants
Merit-based

Read more about eligibility

The Anglo-Norse Society - scholarships & grants
Location not available
Independent provider
Grant
1000 USD
Deadline
31 Aug 2026
Florida Rentals Annual Dream Vacation Scholarship

Read more about eligibility

Florida Rentals
Location not available
Independent provider
Grant
1000 USD
Deadline
30 Jun 2026
$1,500 Annual Students’ Presentation Crafting Scholarship

Read more about eligibility

IvyPanda
Location not available
Independent provider
Grant
12000 USD
Deadline
11 Jan 2027
Tobacco Harm Reduction Scholarship Programme

Read more about eligibility

The Tobacco Harm Reduction Scholarship Programme
Location not available
Independent provider
Grant
1000 USD
Deadline
20 May 2026
PlagiarismSearch Essay Contest
Merit-based

Read more about eligibility

PlagiarismSearch
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus Mundus Joint Masters scholarships

Read more about eligibility

European Commission
Location not available
Independent provider
Grant
965 USD
Deadline
Anytime
Dr. Martin Blank – SYB Scholarship
Merit-based

Read more about eligibility

Shield Your Body
Location not available
Independent provider
Grant
2000 USD
Deadline
31 Jul 2026
The MyUS Community Scholarship

Read more about eligibility

MyUS
Location not available
Independent provider
Grant
3000 USD
Deadline
Not specified
AAPG Foundation Grants-in-Aid

Read more about eligibility

American Association of Petroleum Geologists Foundation
Location not available
Independent provider
Grant
55 GBP
Deadline
18 Jun 2026
IELTS Morgan Terry Memorial IATEFL Scholarship
Merit-based

Read more about eligibility

IELTS from 6 to 9
Location not available
Independent provider
Grant
1500 USD
Deadline
Not specified
The Annual IELTS from 6 to 9 Scholarship

Read more about eligibility

IELTS from 6 to 9
Location not available

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Management of Innovation and Sustainable Business Development
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Norwegian University of Science and Technology (NTNU)

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