Innovation Management and Entrepreneurship

This programme is for those who want to turn their ideas into market-changing innovations. You will learn how to create and manage innovative businesses in a wide range of industries, applying knowledge of entrepreneurship, technology and management. Graduates become leaders capable of initiating change and ensuring sustainable business development in a global marketplace.

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Programme values

KTU graduates share a joyful moment during the graduation ceremony – dressed in formal gowns, they celebrate their academic achievements. The university community honors each step taken toward professional success.

Valued by industry leaders

The curriculum is developed in collaboration with Berkeley, Stanford and Aalto Universities, drawing on their experience and best practices.

The view above Gedimino Street in central Kaunas drifts slowly toward a pale four‑storey corner block building. From an elevated angle the camera gently closes in highlighting the symmetrical façade of KTU School of Economics and Business with vertical ribbon windows minimalist stone portico and the crisp lines typical of interwar Kaunas modernism.

Inspiring learning environment

Lectures will be delivered by experienced teachers, and practical knowledge will be consolidated by business professionals. International experience will be shared by lecturers from the universities in other countries.

The study programme includes a field trip to the CERN Innovation Centre, at the world’s largest laboratory, in Switzerland.

Students from KTU’s GIFTed program tackle real-world challenges using the mind map method – this is a space for high-potential youth to collaborate, think creatively, and lead with purpose.

Real-world cases

The programme uses innovative teaching methods such as challenge-based learning, simulations and project-based activities. You will learn not only how to create market-changing innovations, but also how to run innovative businesses in different industries.

You will learn how to use the MS Project tool and SPSS.

Students studying using computers – a flexible academic environment that supports remote learning and self-paced study. KTU accommodates diverse learning styles.

New Freedom to shape your path

Students can choose between the Challenge Project – Hands–On or the 3-module block that develops analytical and creative competencies. In addition to your main field of study, you can choose an MA+ programme to gain knowledge and skills in another field of study.

In this study programme, you can choose the following study paths:

Interdisciplinary competence

select a set of study modules from a different field to your main studies

Career opportunities

Innovate and solve today’s business challenges – implement ideas that will change tomorrow’s world.
The Innovation Management and Entrepreneurship programme provides you with the knowledge to manage innovation at both the strategic and operational levels of your organisation. You will learn how to identify, assess and effectively manage an organisation’s intellectual capital, solve strategic problems and develop and implement business strategies. You will also gain practical skills in developing technology business cases, innovating for value and using creative thinking tools to inform management decisions.

Here are some of the careers you can pursue after your studies:

Innovation Manager

Responsible for the design, implementation and development of the organisation’s innovations, initiating innovative projects and ensuring their implementation. Manages the organisation’s intellectual capital, the application of technology to business processes and the implementation of new strategies to maintain competitiveness.

Technology Transfer Manager

Coordinates processes related to the practical application of new technologies, innovations or research results. Ensures that research results are successfully translated into business or industry through the development of products, services and processes. Manages intellectual property issues and develops commercialisation strategies. In addition, the Technology Transfer Manager helps to identify market opportunities and attract investment for technology development.

Start-up Founder or Entrepreneur

Responsible for the development, implementation and market launch of a new business idea. Identifies problems or needs, develops innovative solutions, mobilises resources and funding and develops partnerships. Organises and leads a team to grow the start-up and ensure its competitiveness in a dynamic business environment.

Admission requirements and programme structure

Cycle – second cycle

Field – management

Form, duration – full-time studies (2 yr.)

Study type – evening-time, cyclic, blended learning

Location – Kaunas, School of Economics and Business

Language – english, lithuanian

Degree awarded – master of business management

Yearly price ⁱ : full-time studies – 4606 €, price per credit – 76,77 €

Financial support »

Semester

Module name	Credits	Method of organisation

Business Model Innovation	5	Blended learning
Innovation Management	10	Blended learning
Intellectual Capital Management	5	On-campus learning
Strategic Management	5	Blended learning

Competence Electives (Select 5 cr.)

Courses of Study Field (Competence of Expert)

Communication and Negotiation	5	Blended learning
Creative Decision Making	5	Blended learning

Optional Competence of MA+

Challenge-Based Innovations

Development of Challenge-Based Innovation	3	Blended learning
Optional Micro-modules	3	Distance learning

Computer Visualization Technologies

Blended learning

Data Analytics

Blended learning

Data Security

Blended learning

Language Studies (French)

Studies of Modern Languages (Level A1)	6	On-campus learning
Studies of Modern Languages (Level A2)	6	On-campus learning
Studies of Modern Languages (Level B1)	6	On-campus learning

Language Studies (German)

Studies of Modern Languages (Level A1)	6	On-campus learning
Studies of Modern Languages (Level A2)	6	On-campus learning
Studies of Modern Languages (Level B1)	6	On-campus learning

Language Studies (Italian)

Studies of Modern Languages (Level A1)	6	On-campus learning
Studies of Modern Languages (Level A2)	6	On-campus learning
Studies of Modern Languages (Level B1)	6	On-campus learning

Language Studies (Russian)

Studies of Modern Languages (Level A1)	6	On-campus learning
Studies of Modern Languages (Level A2)	6	On-campus learning
Studies of Modern Languages (Level B1)	6	On-campus learning

Language Studies (Spanish)

Studies of Modern Languages (Level A1)	6	On-campus learning
Studies of Modern Languages (Level A2)	6	On-campus learning
Studies of Modern Languages (Level B1)	6	On-campus learning

Language Studies (Swedish)

Studies of Modern Languages (Level A1)	6	On-campus learning
Studies of Modern Languages (Level A2)	6	On-campus learning
Studies of Modern Languages (Level B1)	6	On-campus learning

Legal Awareness

Blended learning

Public Communication

On-campus learning

Regulation and Evaluation of Business Markets

Blended learning

Module name	Credits	Method of organisation

Business Valuation and Investor Relations Management	10	Blended learning
Intellectual Property Management	5	On-campus learning
Strategic Project Management	5	Blended learning
Technology Venturing	5	Blended learning

Competence Electives (Select 5 cr.)

Courses of Study Field (Competence of Expert)

Business Process Management	5	Blended learning
Circular Economy	5	Blended learning

Optional Competence of MA+

Challenge-Based Innovations

Distance learning

Computer Visualization Technologies

Blended learning

Data Analytics

Blended learning

Data Security

Blended learning

Language Studies (French)

Studies of Modern Languages (Level A2)	6	On-campus learning
Studies of Modern Languages (Level B1)	6	On-campus learning
Studies of Modern Languages (Level B2)	6	On-campus learning

Language Studies (German)

Studies of Modern Languages (Level A2)	6	On-campus learning
Studies of Modern Languages (Level B1)	6	On-campus learning
Studies of Modern Languages (Level B2)	6	On-campus learning

Language Studies (Italian)

Studies of Modern Languages (Level A2)	6	On-campus learning
Studies of Modern Languages (Level B1)	6	On-campus learning
Studies of Modern Languages (Level B2)	6	On-campus learning

Language Studies (Russian)

Studies of Modern Languages (Level A2)	6	On-campus learning
Studies of Modern Languages (Level B1)	6	On-campus learning
Studies of Modern Languages (Level B2)	6	On-campus learning

Language Studies (Spanish)

Studies of Modern Languages (Level A2)	6	On-campus learning
Studies of Modern Languages (Level B1)	6	On-campus learning
Studies of Modern Languages (Level B2)	6	On-campus learning

Language Studies (Swedish)

Studies of Modern Languages (Level A2)	6	On-campus learning
Studies of Modern Languages (Level B1)	6	On-campus learning
Studies of Modern Languages (Level B2)	6	On-campus learning

Legal Awareness

Blended learning

Public Communication

On-campus learning

Regulation and Evaluation of Business Markets

On-campus learning

Module name	Credits	Method of organisation

Research Project	5	Distance learning
Scientific Research Design	5	Blended learning

Electives 4 (Select 10 cr.)

Challenge-Based Project 1	10	Blended learning
Change Management	5	Blended learning
Digital Business Transformation	5	Blended learning

Electives of Scientific Research Methods (Select 5 cr.)

Data Analysis Methods	5	Blended learning
Qualitative Research Methods	5	Blended learning
Quantitative Research Methods	5	Blended learning

Competence Electives (Select 5 cr.)

Courses of Study Field (Competence of Expert)

Challenge-Based Project 2	5	Blended learning
Leadership	5	Blended learning

Optional Competence of MA+

Challenge-Based Innovations

Distance learning

Computer Visualization Technologies

Blended learning

Data Analytics

Blended learning

Data Security

On-campus learning

Language Studies (French)

Studies of Modern Languages (Level B1)	6	On-campus learning
Studies of Modern Languages (Level B2)	6	On-campus learning
Studies of Modern Languages (Level C1)	6	On-campus learning

Language Studies (German)

Studies of Modern Languages (Level B1)	6	On-campus learning
Studies of Modern Languages (Level B2)	6	On-campus learning
Studies of Modern Languages (Level C1)	6	On-campus learning

Language Studies (Italian)

Studies of Modern Languages (Level B1)	6	On-campus learning
Studies of Modern Languages (Level B2)	6	On-campus learning
Studies of Modern Languages (Level C1)	6	On-campus learning

Language Studies (Russian)

Studies of Modern Languages (Level B1)	6	On-campus learning
Studies of Modern Languages (Level B2)	6	On-campus learning
Studies of Modern Languages (Level C1)	6	On-campus learning

Language Studies (Spanish)

Studies of Modern Languages (Level B1)	6	On-campus learning
Studies of Modern Languages (Level B2)	6	On-campus learning
Studies of Modern Languages (Level C1)	6	On-campus learning

Language Studies (Swedish)

Studies of Modern Languages (Level B1)	6	On-campus learning
Studies of Modern Languages (Level B2)	6	On-campus learning
Studies of Modern Languages (Level C1)	6	On-campus learning

Legal Awareness

Blended learning

Public Communication

On-campus learning

Regulation and Evaluation of Business Markets

Blended learning

Module name	Credits	Method of organisation

Blended learning

Good to know

Module – a part of a study programme consisting of several related topics.
Credit – a unit of the volume of a study module in hours.
On-campus – learning on the university premises.
Blended – learning on the university premises and online.
Distance – almost all learning online.

Module – a part of a study programme consisting of several related topics.
Credit – a unit of the volume of a study module in hours.
On-campus – learning on the university premises.
Blended – learning on the university premises and online.
Distance – almost all learning online.

Module – a part of a study programme consisting of several related topics.
Credit – a unit of the volume of a study module in hours.
On-campus – learning on the university premises.
Blended – learning on the university premises and online.
Distance – almost all learning online.

Module – a part of a study programme consisting of several related topics.
Credit – a unit of the volume of a study module in hours.
Blended – learning on the university premises and online.

What will you learn

To manage innovation development and deployment processes
To assess and manage an organisation's intellectual capital
To develop strategies for your organisation
To create value-added innovations

To manage and protect intellectual property
To make strategic project management decisions
To develop a technological business
To value businesses and manage investor relations

To conduct methodologically sound research
To address real-life challenges at strategic level
To manage digital transformation change
To assess and develop leadership potential

To carry out research independently
To analyse, interpret and justify the results of the study
To develop a research or applied project
To present research results

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 / Russian
Document legalisation:	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.

Score structure

◼	0,9	average grade (CGPA) of University‘s Bachelor’s degree (min. length – 180 ECTS) and its supplement
◼	0,1	motivation letter and online interview
+	≤ 4	additional points

Additional points

science activities (scientific publications, presentations at scientific conferences, participation in exhibitions, work in student science society or science group etc.) or art activities (publication or realization of artwork, participation in art exhibitions, contests of architecture)	≤ 2
at least 1 year of work experience in the field of study programme	0,5
graduated from academic talent development program in higher education institution (for example "GIFTed talent academy")	0,5
partial studies in the higher education institution abroad with ≥24 ECTS completed	0,5
bachelor's or master's (if integrated study programme is completed) degree diploma with honours	0,5

admission procedure

Testimonials

A young woman with long blonde hair, wearing a black blazer and a white top, stands with arms crossed and smiles while looking at the camera against a light background.

Inspiring lecturers, a coherent and interesting study curriculum, and solving real-life business challenges are all part and parcel of this programme. Therefore, I can confidently say that the competencies acquired here in innovation management and entrepreneurship give me a competitive edge, both when pursuing a career in a company and when deciding to start my own business.

Aurelija Vijūnienė

1st year student

A man with greying hair and a short beard is wearing a grey polo shirt with a dark collar. He is smiling and looking at the camera against a light background.

I worked for a decade in global innovation companies in Silicon Valley, so to continue my work in this field in Lithuania, I chose to study at KTU. Immediately after my studies, I started working at the Innovation Agency, which directly influences the Lithuanian high-tech trends, and became the Head of Information and Communication Technologies (ICT).

Romanas Zontovičius

KTU alumnus, Innovation Agency

A young professional man is wearing a dark suit and white shirt, smiling at the camera against a light background.

Graduates of this programme are creative and strategic professionals who have gained their knowledge by working in international and interdisciplinary teams. These skills are important both for running your own business and for working as an employee. As the world increasingly recognises that innovation is a key source of competitive advantage, this programme will always be relevant and the Master’s degree also opens up greater career opportunities.

Artūras Kanapkis

Head of Baltic Synergy , creator of the TimeResistance brand

International mobility partners

Join an exchange programme with our international partners:

more about exchange studies

FAQ

What innovation management knowledge will I acquire during my studies?

You’ll develop the skills needed to introduce, manage and enhance innovation within organisations. You’ll learn how to assess the business environment, identify opportunities for change, integrate new technologies and drive business growth through innovative strategies. You’ll also gain valuable expertise in entrepreneurship and the effective management of creative processes.

Why should I come to Kaunas to study?

Kaunas is a student-friendly city with a dynamic cultural scene and excellent educational opportunities. KTU is known for its innovative academic programmes, modern facilities and strong partnerships with global companies. The city combines a deep historical heritage with a rapidly growing technology and entrepreneurial community, creating a supportive environment for both academic success and personal growth.

Why should I choose the Innovation Management and Entrepreneurship at KTU?

The programme includes lecturers from foreign universities and business representatives. As part of the curriculum, students also have the opportunity to visit the CERN Innovation Centre in Switzerland, the world’s largest research laboratory.

The Innovation Management and Entrepreneurship programme provides you with essential knowledge in both innovation management and entrepreneurship, giving you the tools you need to start and grow profitable businesses. The curriculum equips students to effectively lead innovation and manage organisational change, with a strong emphasis on industry engagement and interdisciplinary learning.

Contacts

Contact photo of Silvia Petniūnaitė wearing a black blazer representing KTU study info specialists consulting international students.

International Studies Office
Student Info Center
Studentų St. 50, LT-51368 Kaunas
email international@ktu.lt

let's talk

School of Economics and Business
II Chamber
Gedimino St. 50, LT-44239 Kaunas
email evf@ktu.lt

virtual tour

Innovation Management and Entrepreneurship

Programme values

Valued by industry leaders

Inspiring learning environment

Real-world cases

New Freedom to shape your path

In this study programme, you can choose the following study paths:

Career opportunities

Admission requirements and programme structure

Semester

Competence Electives (Select 5 cr.)

Challenge-Based Innovations

Computer Visualization Technologies

Data Analytics

Data Security

Language Studies (French)

Language Studies (German)

Language Studies (Italian)

Language Studies (Russian)

Language Studies (Spanish)

Language Studies (Swedish)

Legal Awareness

Public Communication

Regulation and Evaluation of Business Markets

Competence Electives (Select 5 cr.)

Challenge-Based Innovations

Computer Visualization Technologies

Data Analytics

Data Security

Language Studies (French)

Language Studies (German)

Language Studies (Italian)

Language Studies (Russian)

Language Studies (Spanish)

Language Studies (Swedish)

Legal Awareness

Public Communication

Regulation and Evaluation of Business Markets

Electives 4 (Select 10 cr.)

Electives of Scientific Research Methods (Select 5 cr.)

Competence Electives (Select 5 cr.)

Challenge-Based Innovations

Computer Visualization Technologies

Data Analytics

Data Security

Language Studies (French)

Language Studies (German)

Language Studies (Italian)

Language Studies (Russian)

Language Studies (Spanish)

Language Studies (Swedish)

Legal Awareness

Public Communication

Regulation and Evaluation of Business Markets

Testimonials

International mobility partners

Join an exchange programme with our international partners:

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FAQ

Contacts