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BAImpactful Entrepreneurship

Õppemaks 6 600 € aastas

The tuition fee for the study year 2024/2025:

  • The tuition fee is for the first study year is paid in one instalment (6600 euros);
  • The tuition fee has to be paid before your visa appointment with the Embassy;
  • You will receive an invoice with a personal deadline.

Kandideerimistasu 120 € one-time

The application fee is non-refundable. Application documents will be processed only after the application fee is received.

EU candidates & the following countries (Ukraine, Kazakhstan) are exempt from the application fee.

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Estonia is the best place in the world to study entrepreneurship, as Estonia is a country that values education and entrepreneurship. This is evidenced by our Pisa results and the success stories of Estonian start-ups (Skype, Bolt, Transferwise, etc.), where EBS alumni have also played an important role.

Innovative programme for ambitious entrepreneurship enthusiasts

An innovative study programme ’’Impact Entrepreneurship’’ is developed to meet the needs of the society and take into account best practices and our own 35-year experience in entrepreneurship education.

This is a unique programme in the whole world where learning is based on the modern and innovative business simulator principle. This programme is for you if you are interested in entrepreneurship, dream about becoming an entrepreneur or wish to implement a business idea which will make the world a better place. During your studies, you will experience all the development stages of a company and will be equipped with knowledge of responsible entrepreneurship, contemporary digital solutions, and team leadership.

What makes it unique?:

In order to create the most real-life learning experience possible, we abandon traditional subject-based learning. You will cover the whole lifecycle of being an entrepreneur during this study programme, starting with finding a business idea, creating your business and finally liquidating it

This programme is intended for you if you dream about:

  • starting your own business or develop an existing business;
  • learning through intense and practical collaboration within an international team;
  • learning about your strengths and challenges as an entrepreneur.

Why choose this programme?:

  • It offers a unique opportunity for a university degree while developing a business idea;
  • You will walk through all the development stages of a company and will be able to immediately implement your knowledge and experience as a team member. During the studies you will solve real-life challenges which start-ups and companies of impact face on a daily basis;
  • You will obtain the best possible knowledge and practical skills in key areas of entrepreneurship – product development, responsible entrepreneurship, team leadership, marketing, financing, digital solutions, and international business;
  • You will meet a number of top talent and will be guided by experts, managers, and entrepreneurs in their field;
  • Your personal development will be an integral part of the studies – you will introspectively analyse what you have experienced in one-on-one meetings with your mentor;
  • You will learn in small groups of students and your personal study consultant will be there to advise you. Thus, we will always be on top of your goals and support you every step of the way;
  • At EBS we focus, as much as possible, on learning from each other via group discussions, teamwork, practical studies, and „lessons from life“. This will ensure that upon graduation you will break through, will be entrepreneurial and successful in your area of business;
  • 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.


Programme overview

During three years you will experience the entrepreneurship process from the creation of the business idea until the selling of the business. You will be provided with knowledge and skills relevant for each development stage of a company in every lecture and seminar.

Development stages of a company: discovery of business opportunities and starting a company, company development and optimization of processes, expanding and internationalising the company, sale of and/or closing down the company.

This program will concentrate on seven specific areas (thematic streams): Entrepreneurship & Marketing, Finance & Economics, Law & Ethics, Sustainability & Green, Leadership & Team, Organisation & Network, and Individual & Transferrable (personal development of an entrepreneur).

Your studies will be supported by entrepreneurs, mentors, and experts.

Academic year 1

Semester I: Seeding and Starting-up

In the first semester your entreprenurial journey starts with working in different teams to discover opportunities for impactful entrepreneurship and sustainable business creation. We focus on the wider business context by exploring trends and global challenges that nowadays entrepreneurs need to keep in mind.

You will learn how to work in creative teams. You also learn a lot about yourself and how to become a successful entrepreneur or entrepreneurial leader.

Semester II: Developing and Calibrating

Your entrepreneurial journey continues with validating a business idea. We dive into the world of business modelling and finding potential first customers. At the same time, you will form a stable team and start preparing your initial organisational structure that supports your business idea.

As a team, you will learn how to overcome failure by pivoting your business idea. On the personal level you continue to explore your entrepreneurial side and learn how to take your actions to the next level.

Academic year 2

Semester III: Expanding and Growing

The third semester of your entrepreneurial journey focuses on continuous and sustainable business model innovation. Also, we will explore the strengths and weaknesses of different strategies for growing, expanding and internationalisation of your business.

As a team, you will start to prepare your business for rapid scaling. As an individual, you will start recognising your different roles and responsibilities as a founder, leader and manager.

Semester IV: Maturing and Exiting

Your entrepreneurial journey reaches the phase where your business is mature and stable. You will explore different exciting strategies from bankruptcy to Initial Public Offering (IPO). Obviously, your exits need to be communicated internally and externally, so you will prepare for that by creating a PA and PR plan.

As a team, you will learn how to negotiate and deal with challenging situations. As an individual, you will learn how to let go of your “baby” and all the emotions that are related to these situations.

Academic year 3

Semester V: Focusing and Connecting

The fifth semester enables you to add value to your personal entrepreneurial journey by selecting those specialisation topics that interest you the most. You do this either by going abroad or taking elective courses at EBS. We focus on expanding your networks.

As a pair, you will start preparing for your final thesis. As an individual, you will connect all the learning from your personal entrepreneurial journey.

Semester VI: Launching and Graduating

The sixth semester starts with you creating the launching campaign for your business which you implement immediately after the graduation. We will wrap up your studies by building a leadership toolbox for entrepreneurs.

As a pair you will write your thesis while being supported by supervisors and seminars. As an individual, you will obtain mentoring and coaching skills that will help you in your future career.


After graduation you can find a job as:

Once you graduate from this program, you are ready to be an entrepreneur. However, you will also be able to act as a leader of business projects or as a specialist in positions which require entrepreneurial skills. Most likely you will keep developing and managing the company which you started during your studies. You will have relevant knowledge and practical skills in all the areas needed for the successful running of a business – product development, marketing, management of people and processes, financing, and business law.

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.

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

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.

We sincerely hope that you, too, will soon be an EBS alumnus!

Kandideeri! Fall semester 2024/25
Kandideerimisperiood on lõppenud
Õpingute algus
26. aug 2024
Kandideeri! Fall semester 2024/25
Kandideerimisperiood on lõppenud
Õpingute algus
26. aug 2024