MSc International Business / Entrepreneurship and SME Management
About This Masters Degree
Gaining entrepreneurial experience while studying
The Entrepreneurship and SME Management track is a true exercise in ‘learning by doing’. As well as theory courses, you will take an empirical skills training course; the latter means that you have the chance to put the former into practice.
Work experience – as part of your studies
As part of the ‘empirical’ nature of the track, you will have the opportunity to gain experience whilst studying in one of two ways:
• Setting up a student company – the skills and expertise of an accountant and a business coach, who has set up several companies, will be available to you
• Helping the management team of an existing SME – you will have the opportunity to work with a company in Germany, Belgium or the Netherlands, due to Maastricht’s geographical location. This adds to the internationalism of the track
Entrepreneurships and SME Management is available as a 1-year. It is taught entirely in English. Graduates will receive a master's degree in International Business with a specialisation in Entrepreneurships and SME Management.
Small- and medium-sized enterprises (SMEs) are just like big businesses – but smaller! That’s why this track allows you to specialise in SMEs, while still learning about the big picture. The track offers courses in strategy, organisation, marketing, finance and accounting while allowing you to put your skills to use in a real small business. It combines business theories with the opportunity either to set up your own student company or to assist the management team of an already-existing SME.
What will you learn?
The track will provide you with the strategic, financial and also creative skills required for setting up your own company or contributing to an existing small business.
At the end of the track, you will be able to:
• recognise business opportunities
• demonstrate managerial skills
• find relevant information in academic literature on entrepreneurship and SME management
• demonstrate practical experience through setting up your own student company or working with the management team of a real SME
The department works together with several organisations that can help you not only with your career, but also with your thesis and student company. These include the Centre for Entrepreneurship, which organises business plan competitions and round-table discussions with entrepreneurs, as well as inviting well-known entrepreneurs to speak. The SME portal gathers issues from small businesses that are often used as case studies and company projects within the track. The department’s researchers have connections to the European and International Council of Small Businesses and the EIM, a research institute focusing on small businesses. The UM Holding and other faculties can offer help on your thesis or student company; examples include buying shares, advice on patenting issues and so on.
Graduates have found positions in:
- their own businesses that they set up themselves
- family businesses that they have later taken over
- management functions in SMEs
- public research institutes
- venture capital firms and banks
- universities to do a PhD in entrepreneurship