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Master en PhD opleidingenBusiness administrationSmall Business and Entrepreneurship
Header image Small Business and Entrepreneurship

Small Business and Entrepreneurship

How can small and medium-sized enterprises (SMEs) and entrepreneurial firms be managed so they can be successful in the entrepreneurial economy and add value to society?

Small- and medium-sized enterprises (SMEs) comprise over 95% of businesses in many countries. SMEs are renowned for their entrepreneurship. Entrepreneurial activities allow firms to remain competitive, they can create economic growth and innovation, and they can solve societal problems.

You learn to understand the role SMEs and entrepreneurial firms are playing in the modern entrepreneurial economy, more importantly, the strategic and managerial challenges small business owners and entrepreneurs face. Many management programmes focus on large businesses, whereas SMEs and entrepreneurial firms have specific characteristics. You will learn about them and how small business owners and entrepreneurs can effectively manage their businesses in an increasingly complex business environment.

You will link the specific theories on SMEs and entrepreneurship to practice by means of assignments and guest lectures. The programme has an international group of enthusiastic, highly-reputed lecturers with research experience and contacts in the professional field. Besides, the relatively small group of students (about 50 each year) results in a personal approach with possibilities for customization.

Facts & Figures
Degree
MSc in Business Administration
Course type
Master
Duration
12 months (60 ECTS)
Croho code
60644
Language of instruction
English
Start
February, September
Faculty
Economics and Business
AACSB accredited
Why study this programme in Groningen?

More than 95% of the business community consists of small and medium sized enterprises (SMEs). Yet most management programmes focus on large businesses. In the MSc SB&E you learn more about management of SMEs, about the entrepreneurial economy and the challenges entrepreneurs are facing. Besides, it is an internationally accredited programme, ensuring a high quality education that meets both the AACSB and EQUIS standards, which only one percent of universities reach worldwide.

Programme

The specific organisational characteristics of smaller firms are discussed, so basically all subdisciplines of management and organisation. Moreover, questions such as 'what factors affect the successful launching of new ventures and the management of entrepreneurial firms?', 'how can established small and large firms keep their entrepreneurial orientation?' and issues of consultancy are addressed.

These are topics in compulsory courses. With electives you specialise in fields like strategy, marketing and management of technology. Furthermore, a part of the programme is devoted to writing a thesis including doing research.

CoursesCourse Catalog >
Business Diagnosis and Design (5 EC)
Elective(s) MSc BA SB&E (10 EC)
Master's Thesis BA SB&E (20 EC)
New Ventures & Entrepreneurship (5 EC)
Research & Skills for MSc BA (5 EC)
Small Business Economics & Policy (5 EC)
Small Business Management (5 EC)
Strategic Analysis for Small Business (5 EC)
Programme options
Digital Business Focus Area (specialization)

Focus your MSc on Digital Business and gain specialised knowledge in the field. There are two steps to the Digital Business Focus Area-

1) complete two of eight chosen electives 2) write and round off an MSc thesis on a digital business topic

More information about this option

Energy Focus Area (specialization)

Focus your MSc on Energy and open up extra career opportunities. There are two steps to the Energy Focus Area-

1) complete two of four chosen electives 2) write and round off an MSc thesis on an energy topic

More information about this option

Master Internship (specialization)

Opportunity for an internship between February and June. You will be rewarded 15 ECTS on top of your programme. Your thesis will be postponed to the first semester of your next study year.

More information about this option

Study abroad

  • Study abroad is optional

Study abroad is optional. All tracks facilitate but do not organize an international exchange.

Entry Requirements

Admission requirements

Specific requirementsMore information
previous education

To be eligible for admission to this Master, you need to hold an academic Bachelor's or Master's degree from a research university in one of the following - or closely related - fields: Business Administration, Econometrics and Operations Research, Economics and Business Economics, International Business.

To assess whether your educational/academic background meets the specific programme requirements, we will consider the level and curriculum of your previous studies, and the grades that you have obtained.

For more information, see: http://www.rug.nl/feb/education/admission-application/nl-route/1

If you have any questions concerning admission, please contact our Admissions Office: http://www.rug.nl/education/international-students/application-procedure/support/admissions-office

Admission requirements

Specific requirementsMore information
certified competences

GMAT/GRE; for specific scores (and exemptions), see http://www.rug.nl/feb/education/admission-application/intl-route/1

grade list

A certified grade list(s) is considered in the evaluation.

language test

TOEFL internet based (IBT): 90, IELTS Academic: 6.5; for specific scores, see: http://www.rug.nl/feb/education/admission-application/intl-route/1

previous education

To be eligible for admission to this Master, you need to hold an academic Bachelor's or Master's degree from a research university in one of the following - or closely related - fields: Business Economics, Business Administration, Econometrics and Operations Research, Economics and Business Economics, International Business, Technology Management.

To assess whether your educational/academic background meets the specific programme requirements, we will consider the level and curriculum of your previous studies, and the grades that you have obtained.

For more information, see: http://www.rug.nl/feb/education/admission-application/intl-route/1

If you have any questions concerning admission, please contact our Admissions Office: http://www.rug.nl/education/international-students/application-procedure/support/admissions-office

Language requirements

ExamMinimum score
C1 Advanced (formerly CAE)C1
C2 Proficiency (voormalig CPE)C2
IELTS overall band6.5
IELTS writing6.5
IELTS speaking6
TOEFL paper based580
TOEFL computer based237
TOEFL internet based90

Application deadlines

Type of studentDeadlineStart course
Dutch students01 June 201901 September 2019
15 October 201901 February 2020
01 June 202001 September 2020
15 October 202001 February 2021
EU/EEA students01 May 201901 September 2019
15 October 201901 February 2020
01 May 202001 September 2020
15 October 202001 February 2021
non-EU/EEA students01 May 201901 September 2019
15 October 201901 February 2020
01 May 202001 September 2020
15 October 202001 February 2021
Tuition Fees
NationalityYearFeeProgramme form
EU/EEA2018-2019€ 2060full-time
non-EU/EEA2018-2019€ 14350full-time
EU/EEA2019-2020€ 2083full-time
non-EU/EEA2019-2020€ 14600full-time
After your studies

Job prospects

As a graduate of the MSc programme Small Business & Entrepreneurship, you may find employment in several positions such as entrepreneur, SME manager, corporate entrepreneur, or SME consultant. Because all our programmes are EQUIS and AACSB accredited, a standard which only 1% of universities reach worldwide, your degree will be highly valued on the labour market.

Our MSc alumni work in various places. In this video they will tell you more about their career after graduating from the FEB.

FEB Career Services
To support you in developing your career and strengthen your employability skills, our FEB Career Services empowers you to achieve lifelong success through various career services during your studies. Check: FEB Career Services.

Job examples

  • 'All-round' manager in an SME
  • Entrepreneur: start your own business or work for an entrepreneurial business
  • Consultant for SMEs and entrepreneurial firms
  • Manager in large organisations (corporate entrepreneurship)
  • Manager in large organisations that deal with SMEs and entrepreneurs, such as banks, consulting firms, venture capitalists/financial investors, governmental organizations at different levels, franchising firms, platform organizations, or accounting firms.
  • Entrepreneur in large organisations (corporate entrepreneurship)
Research

Linking education to research and career preparation

Our education is research driven. This means that you will be taught by top researchers, who are actively engaged in studying small- and medium-sized enterprises (SMEs) and entrepreneurship in different industries.

Important topics are, for example, entrepreneurial skills, SME strategy and management, corporate entrepreneurship, start-ups, family firms, venture capital, entrepreneurial finance, collaborative networks of entrepreneurs/SMEs, institutions, and entrepreneurship and small business policies.

Your education will be informed by the latest research developments in the SB&E field. The aim is not to primarily train researchers. Instead, the purpose is to give students a state-of-the-art perspective on the field, which can be applied in a practical context, while at the same time developing analytical and problem-solving capabilities.

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Master's dayBroerstraat 5More information

Contact

If you want to know more about the programme Small Business and Entrepreneurship, please contact:

Study support

Studying means working independently and planning your studies yourself. But successful studying depends on many different factors, so it is understandable that you may need to consult an impartial expert to discuss your study progress and personal circumstances that influence your studies. The faculty's study advisors are available to help you. Obviously, everything discussed with the study advisor remains confidential.