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Entrepreneurship isn’t just a label, it’s a lifestyle. – Richard Branson

The definition has always been the same – the ability to set up a business with a motive for profit, and this dream of being an entrepreneur is extremely common. But there’s more to it than just that. Sure, a business has a ton of technicality to it like a business plan, finding employees, raising funds and building a brand. However, at the heart of entrepreneurship, there are only two abstract things – a problem and an idea to solve it. Entrepreneurs are the problem solvers and transformers of the world. What a normal person sees an inconvenience, an entrepreneur sees an opportunity to fix. Let’s take a look at two such revolutionary ideas.

  • UBER

    How did we even travel before Ubers, right? Can you guess the problem Uber solved?

    Taxis were hard to catch, especially at places with lesser-used routes. And if you succeeded at finding one, the prices were absurd. Uber solved all of these problems in one go, with one fabulous idea.

  • Zomato

    We can sit at home and eat whatever we feel like without an inch of effort. What a great time to live in. How did it begin, you ask? The founders of Zomato had a lot of trouble trying to find restaurant menus online and decided to make it easier for everybody. Since then Zomato has grown exponentially from restaurant menus to customer reviews, to online delivery and now even loyalty programs.

Apart from these Flipkart, Paytm, Ola and Swiggy are just some of the ideas that made it big, but those stories are an article for another day.

It’s a well-stated fact that for every 10 startups, 9 of them fail. But, there’s still a 10% chance for your idea to succeed. And when it does, you get more than just money. Did you know? Zomato has a revenue of nearly $400 Million today. So, it might be hard, but it’s definitely worth the hustle. Entrepreneurs need creativity, the guts to take risks, a sharp eye, an analytical mindset and most importantly, perseverance and leadership. And do you know the best place to build all these skills? Business School!

The scope of this article is to highlight business programs for entrepreneurship in Europe. So, let’s get right to it. To begin with, Why Europe? In one word – Exposure. Europe is a great choice to pursue a master’s degree for several reasons, but here’s five to prove it.

  1. Quality of Education

    Europe has some of the world’s oldest and most renowned B-schools like University of Oxford, London Business school, University of Cambridge, HEC and Bocconi University. Of the top 100 Universities for business and management studies in the world, nearly 40% of them are in Europe. (QS World Rankings 2019)

    1. Shared Economy

      Europe’s shared economy and current globalization allow you to develop an international network while studying. The European Union has the second largest and second wealthiest economy in the world. Meaning more jobs, and a better quality of life.

  2. Financial leniency

    European universities have cheaper tuitions fees than countries like the USA or Australia, with some countries even offering free tuition. While the average student that goes to the USA spends $50,000, in Europe they spend about half of that. On top of that Europe offers tons of scholarships and grants for master’s students.

  3. Career Prospects

    Europe is an MNC hub and studying there opens up a lot of doors for you. Most students from good schools get a job before they even graduate, and jobs with excellent salaries. Since you’re into entrepreneurship, Europe is a great way to build your network and credibility which might be useful to grow your company.

  4. Cultural Diversity

    The countries in Europe are close, literally and metaphorically. It is a traveler’s dream and a student’s staycation. Apart from the great quality of education, Europe exposes you to multiple languages, exquisite cuisines, unrivalled history and some of the friendliest people ever.

A master’s degree in entrepreneurship helps you develop business competence through targeted courses. It teaches you everything required to build and develop a successful business venture, and it’s also a safety net in case your idea fails you. Here are some of the best programs across Europe. Especially for those that believe in their ideas and need a reliable place to begin their entrepreneurial journey.

The UK

  1. University of Cambridge
    Master of Studies in Entrepreneurship

    This is a two-year part-time program designed for entrepreneurs that are already getting their hands dirty. The structure allows budding entrepreneurs to learn and apply the skills they learn while enforcing their business plan. Cambridge is one of the UK’s top universities and is ranked #7 in the world for its business programs. (QS World ranking)

    Tuition Fee: $22,000/year

    Scholarships: The Entrepreneurship Scholarship Programme

    Course Duration: 2 years

    Language: English

    Applications for 2021 open in October 2020

  2. University of Warwick
    MSc Innovation and Entrepreneurship

    The course is divided equally into a taught module and a research module. This entrepreneurship program overlooks all levels of building a successful business right from generating an idea, to refining it, testing it and launching it.

    Tuition Fee: $35,000/year

    Scholarships: Graduate Award Scheme 2020, WMG Excellence Scholarship

    Course Duration: 1 year

    Language: English

    The course starts from 5th October 2020

  3. Imperial College London
    MSc Innovation, Entrepreneurship and Management

    This program is academically rigorous and demands a lot from its students. With courses like Economics, Accounting, Marketing, and Business Models you will be able to build and run a one-man startup.

    Tuition Fee: $40,000/year

    Course Duration: 1 year

    Language: English

    Course starts from 4th September 2020

  4. Aston University

    Aston has a motto – Learn business. Do Business. It made the top 100 list for business and management universities, and students from here earn an average salary of $95,000. It offers two entrepreneurial programs specially designed to build a business mindset and practical skills.

    1. MSc Entrepreneurship

      Tuition Fee: $25,000/year

      Course Duration: 1 year

      Language: English

      Applications open for September 2020 batch

    2. MSc Entrepreneurship and Analytics

      Tuition Fee: $25,000/year

      Course Duration: 1 year

      Language: English

      Applications open for September 2020 batch

  5. London School of Economics and Political Science
    MSc Social Innovation and Entrepreneurship

    Students get a chance to go on an international field trip to research at developing countries as part of an NGO. Ideal for those who have an interest in developing and managing socially-focused ventures.

    Tuition Fee: $40,000/year

    Scholarships: Graduate support scheme, Master’s awards, Anniversary scholarships

    Course Duration: 1 year

    Language: English

    Rolling applications, the course starts on 28th September 2020.

Ireland

  1. Trinity College Dublin
    MSc in Entrepreneurship

    This program is ranked #1 in Ireland and 19th in the world for entrepreneurship. Students get a lot of opportunities to pitch their ideas and work on them. The course is designed to impart practical knowledge to start or support businesses.

    Tuition Fee: $23,000/year

    Scholarships: $5900 worth Scholarship, 50% Tuition fee reduction

    Course Duration: 1 year

    Language: English

  2. University College Dublin
    Postgraduate certification in Innovation, Entrepreneurship & Enterprise

    A unique certification that combines creativity and design thinking to shape potential entrepreneurs. 73% of students that do this program either get a great job or create jobs for others as successful entrepreneurs.

    Tuition Fee: $7,000

    Course Duration: 7 weeks/18 weeks

    Language: English

    Next intake September 2020, applications open

France

  1. HEC Paris
    Master in Management and Innovation

    This program earned #2 worldwide in Financial Times Ranking 2018. Two of Europe’s most credible universities, HEC and Technical University of Munich have aligned to form this unique double degree. The course provides a management education from a technological standpoint and aims to create innovators of the future.

    Tuition Fee: $28,000 for first year (HEC Paris) and $3000 for the second year (TU Munich)

    Scholarships: Eiffel Excellence Scholarship, HEC Foundation Excellence Scholarship

    Course Duration: 2 years

    Language: English

  2. ESSEC Business School
    Specialized Masters in Entrepreneurs

    Students here get an opportunity to begin a start-up mission or work on their own idea thanks to the flexibility and design of the program. This is a degree offered by the combination of two schools, ESSEC and CentraleSupélec.

    Tuition Fee: $24,000/year

    Scholarships: Student Jobs available

    Course Duration: 1 year

    Language: French

  3. INSEAD
    Entrepreneurship and Family Business

    INSEAD holds the second place for best business schools in the world, and it offers multiple executive programs in entrepreneurship. Some of the courses that come under this umbrella are corporate entrepreneurship, social entrepreneurship, entrepreneurial leadership and network strategies.

    Tuition Fee: $55,000

    Scholarships: Diversity Scholarship, Achievement Scholarship, Financial Fellowship

    Course Duration: 14-16 months

    Language: English

Netherlands

  1. Erasmus University Rotterdam

    1. Masters in Strategic Entrepreneurship

      A course that teaches you the strategies and skills to succeed in your career. Students that start a new business after the completion of this course are well prepared for any challenge and usually do much better than average.

      Tuition Fee: $22,000/year

      Course Duration: 1 year

      Language: English

    2. Cultural Economics and Entrepreneurship

      This course holds first place in Netherlands and 2nd place in the world for Arts and Cultural Management. Students pursuing this program go on to build successful careers in NGOs, cultural companies and government agencies.

      Tuition Fee: $13,000/year

      Course Duration: 1 year

      Language: English

  2. University of Amsterdam

    Netherland’s finest research-intensive institute, the University of Amsterdam is ranked in the top 100 globally for its business and management studies. Students that graduate from here earn a minimum salary of $50,000 and an average salary of $142,000. Here are three entrepreneurship-centered courses offered.

    1. MSc Business Administration – Entrepreneurship and Innovation

      Tuition Fee: $20,000/year

      Scholarships: Full tuition + $6,000 allowance

      Course Duration: 1 year

      Language: English

      The course starts in September.

    2. MSc Business Administration – Entrepreneurship and Management in the Creative Industries

      Tuition Fee: $20,000/year

      Scholarships: Full tuition + $6,000 allowance

      Course Duration: 1 year

      Language: English

      The course starts in September.

    3. MSc Entrepreneurship

      Tuition Fee: $18,000/year

      Scholarships: Full tuition + $6,000 allowance

      Course Duration: 1 year

      Language: English

      The course starts in September.

      Want to know more about pursuing your Masters in Entrepreneurship in Europe? Get in touch with us now!

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