Entrepreneurship and Business Administration

Overview

This programme in Estonian is for you if you are interested in entrepreneurship, wish to take the next career step, or implement a new business idea. In 2024, we updated the programme with specialisations in startup entrepreneurship and business development. During the studies, you will obtain in-depth contemporary knowledge and practical skills to run a company or a team. Additionally, the only university that concentrates on business education in Estonia will provide you with new friends and similar minds as well as potential future business partners. You can choose between full-time and session-based studies.  

Profile of the graduate

Once you graduate from this programme, you will be able to run a small business, develop business projects, or work as a specialist in a position which requires an entrepreneurial mind, coupled with knowledge in economics. You will be recognised for you in-depth specialised knowledge and practical skills.  You are an ambitious and forward-looking EBS graduate whom your home university,  colleagues and cooperation partners take pride in. Your invaluable network of contacts will help you successfully implement your ideas.  

 

EBS cares a lot about the success of its students, alumni, and their employers. We strive to make sure that our graduates do well, and we are genuinely happy about their success. 

According to research:

Among EBS alumni

  • 15% create their own business;
  • 44% work in international companies;
  • 21% work in local companies;
  • 20% work abroad.

Of EBS alumni

  • 11% are entrepreneurs;

  • 35% are top- or middle managers;

  • 45% are top- or mid-level specialists.

Compared to Estonian average salaries, gross salaries for EBS alumni are:

  • above Estonian average for 85% of EBS alumni;

  • more than twice the average salary for 43% of EBS alumni.

  • Salaries for EBS alumni in business and management are higher than those for other Estonian universities’ graduates.  

Why choose this programme?

  • You will gain a comprehensive overview and fundamental knowledge of the business world; 
  • You will become a valuable practitioner who finds one’s way in all areas of entrepreneurship and business administration (marketing, financial management, product development, human resource management, etc.); 
  • The updated programme emphasises innovation and creative thinking, which are essential for developing new products or services; 
  • You can choose between two specialisation tracks: startup entrepreneurship and business development; 
  • You will learn from the best – your instructors and mentors are top experts and experienced leaders in their fields; 
  • We value a personal approach: our small study groups and individual educational consultants ensure your goals and ambitions are recognised and supported. 
  • At EBS we focus, as much as possible, on learning from each other via group discussions, teamwork, practical studies, and „lessons from life“. This ensures that upon graduation you will have real solutions to challenges that you will face in your working life;  
  • Your fellow students will be positive and ambitious initiators with cool ideas. This inspiring and motivating company of people and valuable network will remain with you for years to come; 
  • You can take advantage of the mobility window which enables an international learning experience in a foreign top-tier university; 
  • This is the only programme where you can study in Estonian and choose between daytime studies or session-based studies to match it with work and family life if needed. 

Programme overview

Study Year Overview   
I

Enterprise and Business Environment

 
 

Semester 1: Fundamentals of Entrepreneurship 

  

You will gain an overview of the fundamentals of entrepreneurship and business management, along with necessary basic knowledge. 

  • Courses: Introduction to Entrepreneurship; Self-Development and Learning Strategies for Leaders; Fundamentals of Management and Leadership; Mathematics and Statistics for Business; Financial Accounting; Fundamentals of Marketing; Advanced Business English.
33 ECTS
 

Semester 2: Modern Business Environment 

You will gain an understanding of the nature and challenges of the modern business environment. 

  • Courses: Responsible Entrepreneurship and Business Ethics; Micro- and Macroeconomics for Entrepreneurs; Introduction to Law; Managerial Accounting; Advanced Business English II; Social Psychology for Business Leaders; 
    • Daytime studies: Student Enterprises; Internship for learning about organizational management and decision-making processes; 
    • Session-based studies: Professional development for leaders and teams; Business Design.
33/30 ECTS
II

Developing the Enterprise

 

 

Semester 3: Preconditions for Company Growth 

  

You will acquire skills and knowledge related to company management and development, as well as the identification and implementation of business opportunities. 

  • Courses: Business Law; Sales; Research Design; Innovation in Entrepreneurship; Creativity; Human Resource Management; Fundamentals of Finance; Quantitative and Qualitative Research Methods.
30 ECTS
 

Semester 4: Business Development 

  

You will acquire in-depth knowledge in your area of specialisation, to find solutions to real-world entrepreneurial and management problems. 

Specialisation according to choice: startup entrepreneurship or business development. 

  • Courses: Labour law; specialisation subjects according to choice: startup entrepreneurship or business development;  
    • Daytime studies: Research internship to solve a managerial problem; 
    • Session-based studies: Business Consultation.
33/30 ECTS
III

Growing the Company and Sustainability

 
 

Semester 5: Internationalisation and Studies Abroad 

  

Expanding knowledge, skills, and experience. During this semester, most students go on an exchange semester abroad (Mobility Window) through the Erasmus programme. 

  

For those continuing at the home university, we offer the opportunity to take international business elective courses alongside international students.

27/33 ECTS
 

Semester 6: Applying Management Competencies 

  

You will learn to solve complex business and entrepreneurship problems and apply what you have learned in writing your bachelor's thesis. 

  • Courses: Fundamentals of Investment; Negotiations; Business Planning; Business Simulation DYNAMA; Bachelor's Thesis.
24 ECTS

 

*The credit point volume for session-based and daytime studies may vary each semester. In session-based studies, you have the option to choose whether to take the 5th-semester elective subjects in the evenings or (partially) during daytime hours. 

Specialisations

Startup Entrepreneurship 

Are you interested in rapidly developing technology and dreaming of creating your own startup? The Startup Entrepreneurship specialisation is designed for future innovators and those with an entrepreneurial spirit. This specialisation equips you with practical knowledge essential for successfully managing technology-based companies. 

The specialisation includes the following areas: 

  • Technology Law: You will gain an overview of competition law, the principles of intellectual property rights, and the importance of data protection in the technology sector; 
  • Startup Entrepreneurship: You will learn how to launch innovative products and services, and understand the specifics of technology entrepreneurship. You will analyse common mistakes and learn how to avoid them to increase your company's chances of success; 
  • Innovation Management: You will develop skills to manage innovation processes and implement creative solutions in entrepreneurship; 
  • Teamwork and Leadership: You will acquire leadership skills necessary for building and managing an effective team in a dynamic environment; 
  • Digital Tools in Business: You will explore how to apply artificial intelligence and various software solutions in business operations; 
  • Corporate Finance in Startups: You will learn how to manage the finances of a startup, including investments, cash flow, and financial planning. 

This specialisation provides a strong foundation in startup entrepreneurship, preparing you for future challenges and opportunities. 

Business Development 

The Business Development specialisation is designed for those who wish to gain more in-depth knowledge of business strategies and their application in the modern business environment. This direction focuses on managing company growth and innovation, relying on contemporary technologies and management principles. 

The specialisation includes the following areas: 

  • People Management in an International Business Environment: You will gain knowledge about managing and involving virtual and diverse teams, as well as inter-team collaboration in implementing changes; 
  • Digitalisation and Automation: Learn how digital solutions can enhance the effectiveness of business processes and how automation can improve production processes; 
  • Digital Tools in Business: This involves the application of artificial intelligence and various software solutions in business to increase efficiency and competitiveness; 
  • Risk Management: Gain knowledge in compliance control, good governance practices, and the importance of internal control systems to prevent and mitigate risks in business activities; 
  • Corporate Finance: Learn the principles and strategies of corporate finance, essential for maintaining optimal financial health and sustainable growth of a company. 

Completing this specialisation provides you with the necessary knowledge and skills to successfully manage business processes in both international and local large and medium-sized organisations, bring innovation to every company, and advance your career path. 

Studies at EBS

Study format

Participation in session-based studies requires more independent work from the student, as there are fewer face-to-face contact hours compared to daytime studies. When choosing the study format, it's worth considering whether you prefer to primarily acquire knowledge in a classroom setting, or if you are more inclined towards independent study alongside other commitments. 

 

  Day time studies Session-based studies
Nominal studies time 3 years 3 years
Study format

Monday to Friday

8.30-17.15 according to the schedule

On even weeks: Monday 17:30-20:45, Tuesday 17:30-20:45, Wednesday 17:30-20:45;

on odd weeks: Monday 17:30-20:45, Tuesday 15:45-20:45.

Specialisations

Startup Entrepreneurship;  Business Development

Startup Entrepreneurship;  Business Development

Mobility Window

During your second study year, you will have the possibility to study in one of EBS partner universities for either one semester or one year. Of all universities in Estonia, EBS has the strongest network of partner universities – it includes some of the best business schools in Europe (EMLyon Business School, Università Bocconi, BI Norwegian Business School, Kedge Business School, Copenhagen Business School, Solbridge International School of Business and many more). 

The Mobility Window is the semester intended for studying abroad. Studying abroad provides you with a unique experience and enables you to test yourself in a new academic and cultural environment, practice your language skills, make new friends, find possible future business partners, and gain a competitive advantage in the labour market.

 

Studying abroad during Mobility Window means that you can choose the business-related courses to your own liking and the credits will be transferred. You also have the possibility to complement your knowledge in areas that no university in Estonia covers.

 

The Mobility Window is the semester intended for studying abroad. Studying abroad provides you with a unique experience and enables you to test yourself in a new academic and cultural environment, practice your language skills, make new friends, find possible future business partners, and gain a competitive advantage in the labour market.

 

Studying abroad during Mobility Window means that you can choose the business-related courses to your own liking and the credits will be transferred. You also have the possibility to complement your knowledge in areas that no university in Estonia covers.

When you study at an EBS partner university, you will only pay the EBS tuition fee. Additionally, if you choose mobility in one of the EU countries, EBS will pay to you the Erasmus+ scholarship. 

 

Positive feedback of EBS students confirms that a semester abroad significantly broadens your worldview and provides you with new contacts as well as invaluable international university experienc

 

Exchange semester stories of our students can be found here:

 

Just go! podcast

Internship and Mentoring

Internship is an integral part of your studies. It will expose you to an organisation’s daily functioning and you will be able to implement your knowledge and skills in the place of internship. At EBS, internship is undertaken in two stages. 

Internship I

  • During the Internship I you will become familiar with the organisation’s managerial- and decision-making processes;
  • A mentor (EBS master student) will support you in choosing the internship place. Through mentoring, you will explore different opportunities for shaping your career path and discuss your future goals. As an experienced manager, your mentor will be your role model and give you advice on how to take the first steps towards your dream career.

Internship II

  • Internship II provides you with the possibility to test your knowledge and skills even further – you will need to solve a managerial problem which has occurred in your place of internship;
  • You will conduct a study and, based on it, you can suggest an organisational change;
  • Internship II will support your preparation to write the bachelor thesis.  

EBS internship programme has positive feedback from both students and places of internship. The purpose of internship is to implement the knowledge acquired during your studies in real-life working situations and to support the students during their career planning.

Marge Täks, Head of the Department of Management, Senior Lecturer, PhD:  

"Internship helps the students to better understand their strengths and find their passion. The students will also find out what they do not like or what does not suit them. This, in its turn, helps them make better future career choices. As a result of the internship, the brightest of our students have also found their first jobs."

 

 

Our students' internship stories

Key dates
1

ADMISSION OPENING

The start of the admission round for the study year 2024/2025.

 

 

 

1

APPLICATION DEADLINE - ESTONIA

The application deadline in SAIS.

 

*Please note that only applicants with sufficient knowledge of Estonian language(B2) can apply.

 

4

ADMISSION INTERVIEWS

The admission interviews take place at EBS Tallinn campus.

 

Admission information

Suitable candidate

  • Holds a higher secondary education degree or an equivalent qualification;
  • Holds sufficient proficiency in Estonian (B2) and in English (B1);
  • Demonstrates their motivation, ambition and argumentation skills in a catchy application;
  • Completes the admission interview at EBS.

Admission

If you are excited about our programme and wish to learn from and contribute to EBS community then you are ready to apply. To apply for this programme you have to submit online application, meet the state exam requirements and pass the admission interview.

 

More information about admission requirements (in Estonian):
 

Admission information

Apply to the programme

Submit your online-application via SAIS:

Kandideeri päevaõppesse SAISis
Kandideeri sessioonõppesse SAISis

Online consultations

If you would like to receive more information about admission process to bachelor's before applying, then sign-up for a personal online consultation. The online-consultations take place twice a month.

We encourage you to register if:

  • You have questions about EBS application process that prevent you from applying;
  • You doubt whether your previous education and/or work experience is compatible with your chosen study programme
  • You are choosing between several study programmes and want more information or support to make the right choice
  • You want more information about the organisation of studies or the financing of studies.

Register to the consultation

 

Financing your studies

Tuition fee

The tuition fee is paid by semester (every half year). You can pay the semester tuition fee in one, two or four instalments.
If the student is not studying full-time, the tuition fee will be calculated based on the price of credit points. 

The tuition fee for the study year 2023/2024 for daytime studies:

  • Autumn semester fee 3500 euros and spring semester fee 3500 euros;
  • A processing fee of 35 euros applies when paying in two or four instalments;
  • Credit point price - 125 euros.

 

The tuition fee for the study year 2023/2024 for session-based studies:

  • Autumn semester tuition fee is 3500 euros and spring semester fee 3200 euros;
  • A processing fee of 35 euros applies when paying in two or four instalments;
  • Credit point price - 125 euros.

The first instalment of the tuition fee has to be paid by August 25.

Study Investment

If you are a resident or a holder of a long-term residence permit in the Republic of Estonia you can pay in several instalments by using the Study Investment.

 

In cooperation with banks, EBS offers you a study investment solutions, so you can better plan the future and cash flows. Study investment is a financial service. You sign an agreement with LHV or Inbank. The bank pays your tuition fee to EBS and you will make monthly payments to the bank.

 

An instalments contract can be signed at the EBS Office of Academic Affairs quickly and conveniently without visiting the bank.

Scholarships

EBS awards the Scholarships to Bachelor, Master´s and Doctoral first-year students, whose previous academic achievements, study motivation, social engagement and ambition are considered particularly worth recognition.  EBS awards scholarships to the applicants, who enrich the learning experience of their fellow students.  All the applicants, who have received the positive admission decision (conditional acceptance/acceptance) are considered for outstanding applicants scholarship.

 

Criteria for the scholarship:

  • the scholarship is awarded based on the submitted admission application (in SAIS/DreamApply) and the results of the admission interview. The evaluation criteria: motivation, ambition, argumentation;
  • the scholarship is awarded for one academic year and is the partial or full refund of the tuition fee;
  • the scholarship offers are announced on August 25.

Student Experience at EBS

To make your years at the university memorable and joyful, EBS Student Council organises many wonderful events for students. In the Student Council, you can have a say in topics related to university life and organise various entertainment events for EBSikas yourself. Great events and activities range from academic seminars to parties or community events like Haba Gala. Music lovers can sing in the EBS Chamber Choir

For athletic students, sports day, golf competitions, winter swimming, etc. are organised by EBS Sports Club. Several regular sports trainings also take place on a weekly basis and the school is represented in sports competitions outside Estonia as well.

 

Our events are a meeting place for students, employees, partners and alumni.