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Master's Programme in Sustainable Entrepreneurship
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Curriculum 2024–2026
Information about the programme
Degree level learning goals
In addition to the goals stated in (794/2004) 7 § the aim of the Master of Science degree in Economics and Business Administration is to provide students with
- Business knowledge: A comprehensive understanding of the area of specialisation, including its potential to address environmental, economic and social sustainability challenges.
- Problem-solving and opportunity creation skills: The ability to identify and analyse sustainability challenges and business opportunities and creatively develop solutions.
- Scientific thinking: The ability to independently retrieve, assess, apply and create knowledge in the field of business and economics.
- Ethical behaviour: The ability to reflect on the ethical foundations and implications of business decision-making for different stakeholders and to act accordingly.
- Communication and teamwork: The ability to communicate effectively and to foster diversity, equity and inclusiveness in organisation.
Programme level learning objectives
Graduates will be able to:
- Understand the principles of entrepreneurship and the systemic nature of social, environmental, and economic sustainability challenges
- Understand how entrepreneurship and sustainability-related challenges impact each other
- Apply scientific knowledge to critically evaluate the sustainability of entrepreneurial opportunities
- Develop an entrepreneurial mindset to address sustainability-related challenges in a variety of managerial settings and roles
- Develop the essential soft and hard business skills to experiment with and create sustainable new ventures
Degree structure
Total
120
ECTS
ECTS
ECTS
*Including master's thesis 30 ECTS
Programme studies 89 ECTS
Code: BIZ236
Scope: 89 ECTS
Programme director: Tamara Galkina
| Code | Course name | ECTS | Period |
|---|---|---|---|
| MNGT-E3005 | Foundations of Entrepreneurship | 3 | I |
| TU-E4101 | Entrepreneurship Lab | 10 | I-II |
| MNGT-E3004 | Sustainable Entrepreneurship, Markets, and System Change | 6 | II |
| MNGT-E3003 | Social Innovation | 6 | III |
| TU-E4400 | Startup Leadership | 5 | III |
| MNGT-E3008 | Market Entry Strategies for Entrepreneurial Business | 3 | IV |
| ABL-E2611 | Entrepreneurship Law | 3 | II, IV |
|
TU-E4200 MNGT-E30091 |
SDGs as Entrepreneurial Business Opportunities (course is discontinued after 2024-25) Sustainable Venture Growth |
3 3 |
2024-25: II 2025-26: II |
| MNGT-E3006 | Entrepreneurial Futures | 6 |
2024-25: no teaching 2025-26: II |
| ABL-E1355 | Financial Management for Entrepreneurs | 6 | IV |
| 20E99904 | Capstone: Business Development Project | 6 | I-II, IV-V |
| MNGT-E1016 | Master's Thesis Seminar | 2 | I, III |
| MNGT3.thes | Master Thesis | 30 | I-V |
1 If you have not completed TU-E4200 SDGs as Entrepreneurial Business Opportunities, take MNGT-E3009 Sustainable Venture Growth.
Elective studies 31 ECTS
You can choose elective studies to your Master's degree so that the scope of the degree (120 credits) is fulfilled. You can exceed the scope of the degree by one course maximum.
Elective studies can include basic, intermediate or advanced level courses. You can use the module e.g.
- To complete a minor
- To broaden your skills and knowledge via multidisciplinary studies:
- select courses in the field of technology or art
- select courses in other universities via JOO study right NB! Aalto has resigned from the JOO agreement as of January 1, 2026.
- select courses in the European
- Select gender studies via Hilma network or other Aalto networks
- To gain entrepreneurial skills
- To deepen your language and communication skills
- by selecting language and communication courses offerd by Aalto language center ()
- by selecting courses from the
- To deepen or broaden your skills and knowledge in the field of business
- select additional courses in your degree programme or major
- select courses from other degree progarmmes or majors in the School of Business
- select additional courses in your minor
- complete the Customized Student Business project BIZ-E0100 (read more here)
- To gain work experience and working life skills via an internship (read more at During your studies > Other studies)
- To gain skills in self leadership, finding meaningfulness, and improving study wellbeing via Personal Impact courses
Valid as of August 1, 2025
Elective studies must be on higher education level, primarily part of the degree studies of the organising institution and meet the intended learning goals of the degree completed at the Aalto University School of Business. Higher education institutions also offer studies outside degree education aimed at a wide audience, the suitability of which for the degree is assessed by evaluating the correspondence to the learning outcomes of the degree. The above applies to credit transfer applications submitted on or after August 1, 2025. Read more about this change in the news article.
Elective studies cannot overlap with other courses included in the degree.
The scope of the minor varies depending on the minor. Please check each minor's requirements. For a list of all the minors at Aalto University, see Aalto Minors hub.
Please also check your programme's curriculum to see if there are any requirements for the minor in your programme.
A minor included in the Master's degree can be one of the following:
- a module confirmed in the curriculum (a minor study entity offered at the School of Business)
- a module completed in an official exchange programme partner of the School of Business or in another programme meeting the requirements set in the official exchange programme policy of the School of Business
- a module earned at another Aalto University school
- a module earned at another Finnish university e.g. under the agreement on flexible study rights (JOO agreement). NB! Aalto has resigned from the JOO agreement as of January 1, 2026.
Exchange studies is a very popular minor among the students of the School of Business. If you are interested in completing exchange studies as your minor, .
If you have mandatory language studies in your master's degree, they are included in the elective studies module. You have received information about these in the beginning of your studies, if this applies to you. If you are uncertain of whether you need to demonstrate language proficiency in the master's degree, please contact your programme's planning officer to get further information about the matter.
- If you have completed your bachelor's degree in Finland (in Aalto or in another higher education institute), you have fulfilled the compulsory language requirements in the respective degree or received the exemption. You do not need to complete language studies in the master's degree.
- If your language of education is Finnish or Swedish and you have completed your bachelor’s degree outside of Finland, you must demonstrate proficiency in national languages by writing the maturity test in your language of education (Finnish or Swedish) and complete the language proficiency tests in the other national language. Read more about the language of education here. You may also apply for an exemption of demonstrating proficiency in national languages. See also the following bullet.
- If you have completed your bachelor’s degree outside of Finland, you must complete minimum of 3 ECTS in English. You can choose any course on B2 level or higher. Students, whose language of education is not Finnish or Swedish, may alternatively complete an elementary course in Finnish or in Swedish. The courses in national languages can be at any level on CEFR scale.
Language studies are included in students’ elective studies and are agreed in the personal study plan (HOPS). Language center offers the language studies.
Below are proposed electives through which students can tailor-make two tracks (not obligatory).
Sustainable startup track:
TU-E6160 Growth Hacking D (5 cr)
TU-C2050 Becoming an effective leader (3 cr)
TU-E4031 Startup Finance D (5 cr)
MNGT-E1002 Market-based Development in the Global South (6 cr)
or Engineering-type of a minor
Sustainable corporate entrepreneurship track:
TU-E2031 Advanced project-based management (5 cr)
22E29100 Accounting for Sustainability (6 cr)
MEC-E3007 Product Sustainability (5 cr)
21E16001 Sustainability in Business (6 cr)
LC-1121 Communicating Sustainable Solutions (3 cr)
21E10000 How to change the world: Innovating toward sustainability (6 cr)
or HR, Marketing, Finance-type of a minor