Entrepreneurship (MSc in Business Administration)


Program Description

There is increasing recognition of the fact that small and young ventures account for economic growth, and that entrepreneurship can be an important source of innovation. In the Entrepreneurship specialization, we see entrepreneurship as the processes of creating and exploiting opportunities by means of novel combinations of resources leading to new (social, societal and economic) value. Creativity plays a key role in these processes. We study entrepreneurial processes in all contexts where they occur: in new firms as well as existing ones (both small and large), and in institutional contexts. You will learn to appreciate the complexity and the challenges associated with the highly rewarding entrepreneurial activities in all kinds of firms and institutions and even beyond: entrepreneurship as a lifestyle. The Entrepreneurship specialization is part of the Master’s program in Business Administration at VU University Amsterdam. The specialization will be mentioned in your diploma supplement. This degree is recognized internationally.

Why VU University Amsterdam?

Unique content

The Master’s specialization in Entrepreneurship is unique in its broad interpretation of entrepreneurship (broader than ‘just’ new venture creation); entrepreneurship is something that occurs in many more contexts and at all levels of society.

Academic approach, yet practice-based
Even though the program is aimed at disseminating and developing academic knowledge, this knowledge is grounded in practice throughout the program. Most courses are designed around a practical assignment that will help you link theory to actual practice.

Broadly embedded
The Master’s specialization in Entrepreneurship has been developed in close association with the prestigious Amsterdam Center for Entrepreneurship (www.acevu.vu.nl), a platform for entrepreneurs, students, and academics.

Network-building opportunities
Having a solid network is an important resource for entrepreneurs. Because of our close contacts with real-world entrepreneurs and the linking of knowledge to practice throughout our courses, this specialization gives you an excellent opportunity to start building your network while working on your Master’s degree.

Career prospects

As a graduate, you will have a profound knowledge of the world of entrepreneurship and you will have further developed your entrepreneurial competencies. Graduates from this Master’s specialization go on to become:

  • founders/owners of their own companies
  • enterprising in their behavior: taking proactive, innovative and bold action
  • social entrepreneurs: solving societal problems and initiating social change
  • ‘intrapreneurs’
  • managers aiming to create an entrepreneurial culture
  • consultants specializing in advising entrepreneurs

Most of our students do not start up their own ventures straight after graduating. Most of them initially wish to acquire more working experience. Luckily for them, more and more companies are looking for ‘entrepreneurial employees’, giving our graduates a distinct advantage in the labor market. Last but not least, this program can put you on a pathway to obtaining a Ph.D. degree, becoming an entrepreneurship researcher or otherwise pursuing an academic career.

Admission requirements and application

Applicants with at least a Bachelor's degree from another accredited university are admissible if they have a specialization in Business Administration, witnessed by a thorough knowledge of the standard literature described below (or its equivalent):
Strategy and Environment De Wit, B., Meyer, R. (2004) Strategy: Process, Content, Context. An International Perspective. 3rd edition, London: Thomson
Organization Design Jones, G.R. (2007) Organizational Design and Change. 5th edition, Upper Saddle River: Pearson Prentice Hall
Research Methods Saunders, Lewis, & Thornhill (2007). Research Methods for Business Students, 4th Edition. Edinburgh: Pearson Education Limited/Prentice Hall
Last updated Jan 2018

About the School

VU University Amsterdam is a state-funded university with about 25,000 students and 2,000 academic staff. With more than 50 Bachelor's degree programmes, one of which is taught in English, and almost ... Read More

VU University Amsterdam is a state-funded university with about 25,000 students and 2,000 academic staff. With more than 50 Bachelor's degree programmes, one of which is taught in English, and almost 100 Master's degree programmes, of which over 70 are taught in English, VU University Amsterdam offers a wide choice of study options. The programmes are of a high quality, the atmosphere is very conducive to study and the teaching staff are easily accessible. The VU provides an inspirational educational setting in which students from the Netherlands and abroad can develop their potential to the full. The Faculty of Economics and Business Administration seeks to combine quality education with excellent research. The Faculty is the largest faculty of VU University Amsterdam. FEWEB accommodates approximately 4000 students, 1450 postgraduate students and 460 employees. The scientific staff consists of professors, lecturers, researchers and PhD’s, and is connected to the various departments. The supporting staff is accommodated at the Faculty Office. The Faculty Board leads the faculty. Reputation and ranking The Netherlands does not have a ranking system for universities, unlike many other countries. According to the Times Higher Education World University Rankings 2011-2012, the Netherlands is the third "knowledge country" in the world, with 4 and 12 Dutch universities in the top 100 and top 200 respectively. A range of studies has shown VU University Amsterdam to be one of the best universities in the country. At VU Amsterdam University, education and research are closely intertwined. High-quality teaching and cutting-edge research have given the university a great deal of recognition, enabling it to attract prominent lecturers from within the Netherlands and abroad. Researchers at VU University Amsterdam such as biopsychologist Dorret Boomsma, cancer expert Bob Pinedo and economist Peter Nijkamp have obtained prestigious prizes and subsidy incentives for their groundbreaking work. Amsterdam Amsterdam has the largest concentration of students and youth in the Netherlands. Studying or working at VU University Amsterdam offers the opportunity to explore the various cultural, sports and social activities of this city. The total number of inhabitants is about 750.000 and the city has a great deal to offer: a variety of residential areas, international schools, international social clubs, culture, (water)sports, golf courses and many other recreational facilities. Amsterdam is also one of Europe's leading financial centres, a city where almost everybody speaks English and the quality of life ranks among the best. It's no wonder more than 1,800 foreign companies have already chosen Amsterdam as their European base. The south part of Amsterdam, nearby the motorway A10 where VU University Amsterdam is located, called the 'Zuidas', will be the main business centre of Amsterdam in the nearby future. The headquarters of important Dutch companies like ABN AMRO, ING and the World Trade Centre is already situated there. For visitors, students and expatriates alike, it is easy to feel at home in a city with these proportions and so well geared to meeting the needs of its many foreign residents. 'Amsterdammers' are friendly, tolerant and at ease with other cultures and languages. As you will understand, this environment is a perfect base for an international Economic and Business Administration Faculty. Read less