Master in Innovation Management and Entrepreneurship

Kaunas University of Technology

Program Description

Master in Innovation Management and Entrepreneurship

Kaunas University of Technology

This study programme educates the managerial competence of development, installation, and management of innovation processes in organizations and to create and develop innovative businesses in different industries. The programme educates creative thinking, the ability to initiate innovations of products, processes and added value, create market-expanding and value-maximizing strategies. The education is based on a systemic integration of management, technologies, finances, and knowledge of the law for the adoption of business management solutions.

The Master’s Degree studies in the Management programme in KTU are among the best Management Master’s degree studies at the Lithuanian universities (data of the magazine “Reitingai” (Rankings) of 2017).

The studies are based on a global experience of the management of innovations and education of entrepreneurship

The study programme is prepared on the basis of the newest didactic experience of the universities of Stanford, Berkeley, and Aalto. The results of the study process are conditioned by interactive teaching methods, education based on case analysis, high competency of trained lecturers, and assimilation of the newest business-oriented European instruments. The majority of the graduates from this programme create successful innovative businesses, are the leaders of the creative teams and create the companies that receive awards in the national and international business competitions.

The major focus is on the practical skills and business projects

The study programme mostly focuses on the education of practical skills and preparation of business projects. Since 2013, students participate in the annual competitions Silicon Valley Innovation Challenge and Silicon Valley Business Plan Competition taking place in the Silicon Valley, where they approve their project-based ideas among the top-level experts. In 2013, in theSilicon Valley Innovation Challenge competition, the KTU team was awarded in the category of “The Most Innovative Ideas”, whereas, in 2014, they shared 4-8 places with other strongest teams.

A combination of education competencies is unique on the market of study programmes and is oriented to the modern-day business needs

The programme accentuates three essential competencies of management that supplement each other: (1) management of innovations, (2) development of organizations, and (3) management of the business value. Integration of management, technological, financial, and legal knowledge in study modules educates the specialists characterized by analytical thinking, creativeness, and open-mindedness, able to create innovative businesses, improve business processes, to work in creative teams in various industries, develop the strategies of development of organizations reasoned by the value.

KTU Santaka Valley is an ideal place for the creation of ideas and development of business

KTU Science, Technology and Business Centre forms unique conditions for the approval of ideas in the university spaces, development and testing of prototypes, preparation of the business plans, and the establishment of companies. The infrastructure is dedicated to new entrepreneurs, engineers, designers, and all those engaged in the development of products aimed at changing the world. 40 start-ups are operating in the KTU Startup space base. Maybe your start-up will be the next one to establish in the Santaka Valley.

Each student is provided with an opportunity to study in the chosen foreign university for at least one semester, conduct practice in a foreign business company, and integrate into the international research projects

Those studying under the Erasmus exchange contracts have an opportunity to study in the selected foreign university for a period of at least one semester or for an internship of over 9 months in a selected foreign business company. The majority of lecturers in this study programme belong to various international research and expert networks and associations that conduct wide-scale research projects. All initiative students are invited to join the team of international researchers with an aim to collect new knowledge in this field of studies and gain work experience in international projects.


Edmundas Padvaiskas

General Director at UAB “Rosteka” (Lietuvos Gazelė 2014)

In order to develop a competitive business, it is important to stay dynamic, creative, and not to be afraid to change. The growth and success of our company are conditioned by constant innovations directed toward the creation of complex solutions to the client, the top quality, ensuring of environmental and social responsibility. The possibility for the client to offer the highest value arises from brave, proactive specialists who are oriented to changes and the need for whom we feel each and every day.

Entry Requirements

Proficiency in English
Language requirements

IELTS ≥6.0, TOEFL ≥85, CEFR ≥C1, or equivalent

Eligibility CGPA
University Bachelor degree certificate

Undergraduate diploma (or higher) with min. length of 180 ECTS (3 years of studies) is eligible.

Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original.

The entry qualification documents are accepted in the following languages: English / Russian.

The documents must be legalized (Apostille) by the Ministry of Foreign Affairs of the country where the documents were issued. This requirement does not apply for the documents issued in the EU and Belarus, Ukraine.

Average grade (CGPA) > 60 %

This school offers programs in:
  • English
  • Lithuanian
Kaunas University of Technology

Last updated July 6, 2018
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2019
2 years
Full time
4,000 EUR
International students. Foreign nationals with Lithuanian origins and EU citizens: 3284 €
Lithuania - Kaunas, Kaunas County
Start date : Sept. 2019
Application deadline Request Info
End date Request Info
Sept. 2019
Lithuania - Kaunas, Kaunas County
Application deadline Request Info
End date Request Info