Master's in Impact Entrepreneurship & Innovation

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The Program

Master's in Impact Entrepreneurship & Innovation

The Nova SBE Master's in Impact Entrepreneurship & Innovation is a practical learning experience with the right balance between theory and practice.

We nurture your human and professional skills so you can embrace your inner potential and leave your mark in the world.

We want you to stand out from the crowd with a hands-on approach and a real-world perspective, and a keen sense of contemporary and foundational issues, such as product innovation, entrepreneurship, globalization, sustainability, and digital business.

With the support and collaboration of the Calouste Gulbenkian Foundation, in the context of the Nova SBE - Gulbenkian Chair for the Impact Economy, the program brings together the technical and personal competencies of management and innovation with an entrepreneurial journey for impact.

To support different interests and talents among our students, students will be given the chance to focus either on Entrepreneurship or Innovation. The main differentiator will be the mandatory core course "Entrepreneurship Project" - where 2 sections will be offered one focusing on entrepreneurship, the other on innovation - and the Work Project. 
Students will be able to choose their track at the end of the first semester, based on recommendations from their professors and advisors. These two tracks leverage Nova SBE's resources - the Haddad Entrepreneurship Institute and the Innovation Ecosystem and provide students opportunities to explore ways to create impact (social and/or environmental).

Candidates Profile

From bachelor's programs in the scientific areas of Science, Technology or Computer Science, Engineering, Economics, Finance or Management, or other scientific areas. The program requires background knowledge in mathematics at the level of a 1st cycle in Economics or Management. For those with limited quantitative skills, it will be recommended to attend bridging courses.

For those who wish to create their own social venture or develop solutions to social problems within the organization they work for.

Aspire at bringing together the technical and personal competencies of management and innovation with an entrepreneurial and intrapreneurial journey for societal impact.

That aim for a program with a hands-on approach structure to address real-world challenges for a more equitable, sustainable, and peaceful world.

Applications Fall intake 2023/24

Applications are closed.

For more information, please contact us by emailing or calling +351 213 801 699.

Week 1 (@ Nova SBE)

  • Nova SBE Discovery Week

First Semester (32 ECTS)

  • Mandatory Courses
  • Electives
  • Skills Accelerator  Modules
  • Seminars
  • Career Development Program – Mastering Your Career
  • Mentoring Program
  • Entrepreneurial Journey

Second Semester (28 ECTS)

  • Mandatory Courses
  • Electives
  • Seminars
  • Skills Accelerator  Modules
  • Entrepreneurial Journey              

Third Semester (30 ECTS)

  • Work Project


*Please note that this information may be subject to changes in the 2023/2024 academic year.

1st semester:

  • Entrepreneurial Journey
  • Entrepreneurship with Impact
  • Opportunity Identification
  • New Venture Management
  • Innovation for Impact
  • Applied Research Method

2nd semester: 

  • Entrepreneurial Project 
  • Metrics that Matter
  • Data Science for Impact


*Please note that this information may be subject to changes in the 2023/2024 academic year.

  • Applied Entrepreneurship
  • Brands and Marketing in Asia's Emerging Markets
  • Business Model Innovation
  • Circular Economy:  Eliminate, Circulate and Regenerate
  • Corporate Strategy and Transformation
  • Design Thinking for Social Innovation
  • Digital Marketing
  • Entrepreneurial Finance & Venture Capital
  • Fintech Ventures
  • Fundamentals on Environment and Sustainability
  • Global Energy Markets
  • Impact Investments
  • Innovation and Value Creation Wheel
  • Introduction to Programming
  • Leading Social Enterprises with impact in International Development
  • Mental Models for Strategy
  • Mergers, Acquisitions, Restructuring
  • Negotiation
  • Network Analytics
  • Open Innovation
  • Organizing for Good in the digital age
  • Performance and Progress
  • Product Design and Development
  • Responsibility and Ethics of Business
  • Sales & Retailing
  • Science-Based Entrepreneurship and Innovation
  • Social Marketing
  • Social Media Marketing
  • Strategy Implementation
  • Sustainability Evaluation of Policies, Plans and Projects
  • Sustainable Finance
  • Sustainable International Business
  • Technology Strategy
  • The Essence of Philantropy
  • Work & Family


*Please note that this information may be subject to changes in the 2023/2024 academic year.

The Skills Accelerator is composed by 4 areas and students must complete 1 module in each area, according to their Master’s program.

  • Digital

Technology for business: concepts, tools and software.

  • Ethics

The concept of ethics and its importance in life (personal and professional). Exposure to ethical challenges and practical discussions on how to address them. 

  • Market Links

Activities career and job market related. Organized by Careers office, student clubs, or faculty. Depending on the module selected, corporate partners and other companies are invited to participate. Competencies you might acquire and/or accelerate: self-awareness, collaboration, teamwork effectiveness, critical thinking and problem-solving, job market knowledge, Alumni networking.

  • Leadership

Leadership concepts and tips: self-leadership and leading others.

* Please note that for the academic year of 2023/2024 this information may be subject to changes.

What's at the finish line?

The Work Project

Students must complete a Master’s Work Project, which is equivalent to a Master's Thesis, supervised by a professor. This project will be based on the students’ ideas to tackle grand challenges, either it’s their own social venture or an innovative solution to implement within an existing organization.

ECTS this, ECTS that

How does the grading system work?

Grading is based upon the European Credit Transfer System (ECTS), a grading scale developed to better understand and compare the grades according to different national systems.


We did the math for you and the ECTS grading scale breaks down as follows:

40,5 ECTS
in Mandatory Courses including the Mastering Your Career Activities

17,5 ECTS
in Elective Courses (minimum)

in Skills Accelerator

3,5 ECTS
in Entrepreneurial Journey Modules

in the Work Project

90 ECTS (minimum) in total to graduate

You need a minimum of 90 ECTS to complete your Master’s, but if you need 120 ECTS to proceed with your studies, you can extend your Master’s by one semester with courses (22,5 ECTS).

Ready to write new chapters of your story?

Ready to write new chapters of your story?

Attend one of our many Master’s Talks and learn all about this program, its Academic Director, the teams that can help you journey your way to Nova SBE and clarify any doubts you may have.