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Meelis Kitsing, EBS-i rektor

How do we prepare students to operate in an AI-influenced business environment?

EBS students gain practical learning experience through real-world projects, close collaboration with entrepreneurs, and entrepreneurship and development projects integrated into the curriculum. The study process is designed so that students do not only acquire knowledge, but also develop practical skills in validating ideas, building business models, and bringing solutions to market. Dedicated development programmes support them through the key stages of entrepreneurship, providing structure and guidance from initial ideas to working solutions.

An important role is also played by the EBS TooEarly venture studio, where ideas are developed into practical outcomes — validated products, pilot projects, and investment-ready ventures. Students are supported through mentoring, rapid prototyping, early-stage funding, workspace, and access to markets.

As highlighted by Rector Meelis Kitsing, the future of business education lies in the skillful combination of entrepreneurial thinking and artificial intelligence. This means not only understanding new technologies, but also applying them in innovation, decision-making, and venture creation — an approach that is increasingly shaping modern business education.

The full article with Rector Meelis Kitsing’s insights can be found here: https://blog.efmdglobal.org/2026/04/15/estonian-business-school-rector-ai/

17. aprill 2026

Vaibkoodimise-kursus-EBSis.jpg

From Prompting to Prototyping: How New Digital Solutions Are Created

An intensive course on digital product development and prototyping, delivered to EBS students, demonstrated how quickly it is possible to move from an idea to a functional digital solution using artificial intelligence and effective prompting. In just three days, participants progressed from understanding user problems to building working prototypes.

The course was led by Marko Rillo and Kai Olbrei, with a strong focus on product thinking — how to connect user needs, business logic, and technological possibilities into a coherent whole. Students used AI tools to create designs, define logic, and build functional software prototypes, even without a deep technical background.

The result was a range of working solutions—from recruitment platforms to applications that simplify everyday life. The course confirmed that in today’s technology landscape, the critical skill is the ability to clearly articulate, test, and develop ideas—even if programming is not your core expertise.

Digital Product Management MBA (1-year programme)

EBS will launch a new one-year master’s programme this autumn: Digital Product Management MBA. It is designed for experienced professionals and leaders who want to operate at the intersection of technology and business.

The programme consists of four modules that follow the natural lifecycle of a product—from strategy and discovery to design, development, and scaling. The studies are delivered in a session-based format, taking place every other Friday and Saturday, and include sprint-based teamwork and practical simulations that can be immediately applied in everyday work.

Applicants with a prior master’s degree, a four-year bachelor’s degree, or at least seven years of professional experience can complete the programme within one year. Those who do not meet these criteria will continue into a second year, completing additional business administration courses alongside EBS MBA students in order to obtain the master’s degree.

15. aprill 2026

Kalle Volkov EBSi tootejuhtimise õppekava juht

EBS is launching Estonia’s first-ever product management curriculum

We will launch a new Product and Technology Management curriculum in the 2026/2027 academic year. Until now, product management has mainly been studied through short courses or abroad, while a comprehensive higher education program integrating business, technology, and product development into a cohesive whole has been lacking. The curriculum has been developed in collaboration with the programming school //kood. Graduates of the program will receive a bachelor’s degree.

“The importance of skilled product management in companies is growing very rapidly, but the education system has not kept pace. A product manager is the person who decides what should be built in the first place—bringing together the end user, business, and technology. If the product manager is weak, things are built that do not meet market expectations. Today, product managers are mainly trained on the job through trial and error, which is costly for companies. The EBS curriculum has been created to address this gap,” commented Kalle Volkov, Head of Development at Iute Group and the program lead.

Focus: from idea to a functional and scalable product
At the core of the curriculum is practical learning, where students learn to create and manage digital products—from understanding customer needs to launching and developing them in the market. “Graduates of the program will be able to lead technology-intensive products throughout their entire lifecycle, while also being capable of acting as an informed client,” Volkov added.

During the studies, students develop skills that companies need most today:

  • understanding customer needs
  • collaboration with developers and designers
  • data-driven decision-making
  • product and service lifecycle management

The curriculum includes an extensive internship component (30 ECTS), providing students with professional work experience and the opportunity to build connections with employers already during their studies.

Technological development is outpacing skills growth – companies need new leaders
The demand for workforce in ICT and technology-intensive fields is increasing, and management and digital competencies are becoming increasingly important. Product managers are emerging as key roles in organizations, bearing responsibility for both product success and business outcomes.

OSKA monitoring reports in the ICT sector confirm a growing demand for roles that combine process management with the application of technology, while leaders’ digital competencies and the ability to use artificial intelligence are becoming increasingly critical. Estonian companies have been faster than the European average in adopting AI, but maintaining a competitive advantage requires even stronger skills from leaders.

The new EBS curriculum directly addresses this need by combining business management and technological competencies, preparing leaders who can create competitive products and increase company value.

13. aprill 2026

kuidas kasvada seisvas majanduses

Morning Coffee at EBS: How to Find Growth Opportunities in Uncertain Times

At the April Morning Coffee event at EBS, we explored one of the central questions of modern leadership: how to find growth opportunities in an environment where many primarily see constraints. This inspiring morning brought together experts from various fields to share practical experiences, discuss strategic choices, and explore how to make better management decisions in times of uncertainty.

Where Research Meets Practice

The morning was opened by Annika Arras (CEO of Miltton New Nordics), who presented the results of the 2025 Social Cohesion Study and directly linked them to leadership practice. One of the key findings of the study was that an increasing number of people perceive societal developments as uncertain and discouraging. This directly affects both consumer behavior and employee expectations—placing leaders in a position where decisions must be made amid declining certainty but persistent expectations.

Annika Arras also posed a thought-provoking question: what remains when social interaction is removed? This invites a deeper reflection on how much of our ability to act depends on our environment, relationships, and sense of belonging.

Panel Discussion: Insights from Different Sectors

The discussion was enriched by a panel featuring:

  • Ander Hindremäe, Expansion Project Manager at Tallinn Airport and EBS MBA alumnus
  • Kerstin Kütt, General Counsel at Sunly and EBS MBA alumna
  • Annika Arras, CEO of Miltton New Nordics and EBS MBA alumna

The panel was moderated by Marko Rillo, Senior Lecturer in Strategy and Innovation at EBS and Head of MBA Programmes.

Bringing together perspectives from aviation, energy, and communications, the panel highlighted how differently “growth” can be defined across organizations.

Focus on Human Agency and Values

At the core of the discussion was human agency—the sense that individuals can influence their decisions and their lives.

A key takeaway was that values are among the strongest drivers of action. When individuals are able to act in alignment with their values, both their contribution and the overall capability of the organization increase.

At the same time, a critical question emerged: what happens when people lack the time and energy to learn new skills? In such cases, not only does development suffer, but belief in the possibility of innovation begins to decline.

Growth Is Not Universal

One of the central themes was the definition of growth. It became clear that growth is neither universal nor uniformly measurable—it depends on the organization’s stage of development and the expectations of its owners.

Growth can be defined, for example, as:

  • an increase in volume or market share
  • growth in impact or value
  • development of organizational capability

What Holds Growth Back?

The discussion highlighted that one of the biggest barriers to growth is mindset.

Organizations often limit themselves by thinking too small and focusing on obstacles before fully exploring possibilities. Growth begins with a shift—from asking “why it cannot be done” to asking “how it can be done.”

Leadership quality plays a direct role here. When people are given sufficient autonomy and responsibility, real growth can emerge—not only in numbers, but in capability.

At the same time, everything ultimately comes down to communication. If people do not understand what is being done and why, genuine engagement does not occur. Team leaders play a particularly important role in translating strategic messages into everyday work.

Change Requires Conscious Leadership

A significant part of the discussion focused on change management. Rapid and large-scale changes are not always the most effective—the key factor is how well people are able to keep up.

Successful change management requires:

  • clear and well-defined processes
  • gradual involvement of people
  • a consciously chosen pace

Organizations also emphasized the importance of mapping out possible future scenarios, so that people know how to act even in complex situations.

The Impact of EBS: Mindset and Practical Tools

The discussion also touched on the role of EBS in developing leaders. Participants highlighted two key values:

  • the courage to think big
  • practical tools gained from studies to support management decision-making

The Morning Coffee discussion at EBS confirmed that growth does not depend solely on the economic environment. Progress is possible even in uncertainty—if organizations maintain a strong focus on people, values, and deliberate leadership decisions.

7. aprill 2026

Aleksandra at a conference

Beyond green fatigue... EBS is forging real-world sustainability solutions

 Last month, leading market research, data analytics, and business consulting company Emor released findings that surprised nobody who has spent any time paying attention. Estonian consumers, the pollster found, are growing less interested in green topics year by year. The share of people describing a company’s environmental mindset as “rather not important” is climbing, and the supporters of slowing down the green transition now outnumber those who want to keep pace or accelerate.  

The same month, the World Meteorological Organisation published its State of the Global Climate report for 2025. It confirmed that the past eleven years (2015-2025) are the hottest on record and found that Earth’s energy imbalance – the gap between heat entering the atmosphere and heat escaping it – has reached its highest level in 65 years of measurement. 

Data from World Meteorological Organization

These two things are true simultaneously. Consumer fatigue is real, and so is the climate emergency! And these are realities Aleksandra Kekkonen understands deeply. As Associate Professor of Circular Economy and Head of the Green, Circular Economy and Resources Knowledge Team at Estonian Business School (EBS), she has spent years watching the gap between public mood and scientific reality widen. “People don’t like to talk about these topics because it brings them depression and difficult feelings,” she says. “But even though we don’t want to hear anymore, even though we are tired, the reality remains that the situation is worsening and people still need to keep that in mind.” 

The survey that changed things 

“Starting 2019, when the Circular Economy Action Plan was adopted, and when the EU Green Deal legislation started to be implemented… It was a huge legislative support for sustainability and related matters,” Aleksandra points out. “Companies started to realise they need to consider those perspectives in their business activities and their business modelling.” 

But realising and knowing are different things. In 2022, EBS was commissioned by the Estonian Ministry of Foreign Affairs to find out exactly how much Estonian companies actually understood about the green transition. The findings were stark. Across a sample of 500 companies from industries ranging from manufacturing to services, most had almost no real grasp of what green transition meant in practice. While awareness of buzzwords like circular economy, green economy, and ESG was high, understanding of what any of those concepts truly meant and required operationally was not. 

“Only bigger companies, for example, those working in energy or construction, who face strict regulatory requirements, only those were thinking from an environmental perspective,” Aleksandra notes. “Other companies had no strategy at all.” 

Aleksandra giving a lecture

The finding created a window. If companies lacked the knowledge, EBS, as a business school with exactly that expertise, could supply it. The result was the creation of a set of micro-degrees and a master ’s-level specialisation in green economy innovation, all designed to translate the complexity of the green transition into something business leaders could actually act on. It was a direct institutional response to a demonstrated gap, far beyond an abstract commitment to sustainability as a value. 

That pragmatic logic runs through everything the EBS Green, Circular Economy and Resources Knowledge Team do. A group of researchers deeply embedded in the field of sustainability, they are studying it from both internal and external perspectives, actively running funded projects, developing practical tools, and collaborating with diverse stakeholders across multiple countries. Their work brings crucial visibility to the inherent problems within this domain, as they strive to identify and implement comprehensive solutions. 

What happens when a food system breaks? 

One of the many research projects housed at EBS, and to be more specific in this case, the Green, Circular Economy and Resources Knowledge Team, is RegioFoodS (From Regional Relevance to Transnational Value: How Regional Food Systems Can Boost Resilience and Self-sufficiency in Nordic and Baltic countries). RegioFoodS is a three-year project funded by the Estonian Research Council and the European Commission, and it asks a question that sounds almost too simple: Can the Nordic and Baltic countries feed themselves more reliably by working together? 

Capital regions like Tallinn’s Harju County produce almost no food, but they consume enormous quantities of it. That consumption is met by supply chains that stretch far beyond Estonia’s borders – chains that, as recent years have demonstrated repeatedly, are more fragile than they appear. The Nordic Council of Ministers for Fisheries, Aquaculture, Food and Forestry formally acknowledged this in the 2024 Karlstad Declaration, stating that “experiences of recent years with extreme weather, the COVID-19 pandemic, and the war in Ukraine demonstrate the importance of strengthened cross-border co-operation in the Nordic Region to prevent and manage crises.” 

What the Karlstad Declaration recognised politically, RegioFoodS is trying to make operational. The project maps food system vulnerabilities across the participating countries, identifying which parts of each supply chain are most exposed, which regions are most dependent on imports, and where the bottlenecks form when pressure arrives. “Our aim is to understand how things are, and to build scenarios based on scientific papers and forecasts for each of the countries participating,” Aleksandra Kekkonen highlights. 

However, mapping fragility is only the first step. The deeper ambition is an observatory – a shared structure where food system stakeholders from across the region can meet, share data, exchange best practices, and work collectively through problems as they arise. It will function as a support mechanism for the kind of cross-border intelligence that prevents local shocks from becoming regional crises. 

EBS’s specific contribution sits at the business model layer, helping to understand how food producers in Estonia and the region could shift toward more circular, more locally anchored models without sacrificing viability. “Our strongest perspective,” Aleksandra says, “is that we can help develop business models for different sectors and take into consideration research results to understand the company pains.” 

The forests, and the people who work in them 

European forests are under extraordinary pressure. Drought, bark beetle infestations, wildfire, and the compounding effects of decades of intensifying management have left them more vulnerable than their apparent health suggests. And the people who work in these forests are dealing with stresses their training never prepared them for, from new legislation, new digital tools, new carbon market mechanisms, to new requirements for sustainability planning. The knowledge exists somewhere, usually in academic literature or regulatory documents, but it has not been translated into the language of the people who actually need it. This is where CO-FOREST comes in.  

Just like RegioFoodS, CO-FOREST (Creating Opportunities for Resilience, Entrepreneurship, Sustainability and Training in European Forestry) is another research project Aleksandra, and the Green, Circular Economy and Resources Knowledge Team are working on. The project, running from 2026 to 2028 and funded by the European Commission, brings together higher education institutions (HEIs), vocational education and training (VET) providers, stakeholder associations, forestry enterprises, policymakers, and local communities from six European countries. 

Co-Forest kick-off hosted at EBS.

CO-FOREST is a forest-focused education and entrepreneurship project developing “challenge-driven and place-based training programmes that integrate digital tools and sustainable entrepreneurship” built around specific needs. Aleksandra notes that the work is to identify what forest stakeholders – whether large management companies, smaller private owners, community-based organisations or even students – actually need to know and then build training modules around those specific gaps. 

“People are missing understanding of the legislative requirements, and these need to be translated into simpler language,” Aleksandra points out. “The same applies to different technologies that could be used, from satellite mapping, CO2 measurement tools, to digital instruments for forest management.” The training, in other words, is not generic sustainability content dropped into a new sector but rather built from the needs up. 

Designing for the end from the beginning 

Asked what she wishes more people understood about her field, Aleksandra Kekkonen answers without hesitation, “circular economy is not what most people think it is.” 

The dominant misconception, she says, is that circular economy means “designed out of waste,” that it is primarily about recycling and reducing what ends up in landfill. But while that notion is not exactly wrong, it misses the point. “Considering circular economy actually means that when you start thinking about a business, a process, or a product, you also think about what will happen at the end of its lifecycle. This is a huge missing point in a lot of activities, because our entire economic model is built in a different way,” she explains. 

Designing with end-of-life in mind from the very beginning – before the first line of code is written, before the first unit is manufactured, before the first harvest is planned, before the first blueprint is drawn – is a fundamentally different orientation than adding sustainability considerations later. True, it is harder, and it requires changing how problems are framed before they even become problems. But it is, Kekkonen argues, the only version of sustainability that actually holds. 

Why a business school? 

One might wonder why a business school is running projects on food systems, forestry, and related matters at all, since they are not traditional MBA territory. 

Well, the answer is more interesting than it might seem. According to Aleksandra, a business school brings something to these problems that a purely scientific institution does not. And what is that? The ability to translate findings into business models, operational frameworks, and practical strategies that the private sector can actually use!  

When research shows that a region’s food supply chain has a critical vulnerability, that insight only matters if someone can help the businesses in that chain understand how to respond. “Though these topics are a bit far from the traditional business world application, how we perform is very connected. And of course, we have interdisciplinary expertise to provide contribution for projects’ implementation,” she points out.  

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RegioFoodS is funded by the Estonian Research Council and the European Commission under the Mobilitas 3.0 programme. CO-FOREST is funded by the European Commission.

6. aprill 2026

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