MSc in Economic Transformation and Innovation

Do you want to shape how firms, regions, and societies adapt to economic and technological change? This master’s programme provides you with the skills and knowledge needed to understand, navigate, and lead change in a rapidly evolving economy.

Updated on
Facts
Duration

2 years / 4 semesters

Language

English

Credits

120 ECTS

Study mode

Full-time On-campus

Intake

30 students / year

Start of studies

August 2026

About the programme

Admission
Am I qualified?

Admission requirements

When to apply?

Non-EU applicants: 15 Nov to 1 Dec EU applicants: 1 Feb to 1 March Local applicants: 1 Feb to 15 April More information about deadlines

Tuition fees

No tuition fee for Norwegian and EU/EEA/Swiss applicants Tuition fee for Non EU applicants

Knowledge and Skills

UiS School of Business and Law

Stavanger

Why Stavanger?

The Stavanger region is rapidly transitioning from oil and gas to new sustainable industries, creating a living laboratory where students engage with policymakers, companies, and innovation hubs.

This dynamic environment makes Stavanger and the UiS School of Business and Law an excellent place to study transformation and innovation.

Strong industry and public-sector collaboration

Practice-oriented learning through cases and internships.

Research excellence at the Centre for Innovation Research

International and vibrant city surrounded by diverse and beautiful nature.

Preikestolen in the Lysefjord.

Career & further studies

Programme Structure

Year 1

Semester 1: Bootcamp, MSB305 Economic Development and Innovation, MSB335 Policies for Transformation, MSB103 Data Analytics

Semester 2: MSB340 Sustainability Transition and Innovation, MSB416 Applied Innovation Management + elective

Year 2

Semester 3: Internship (30 ECTS), international exchange, or electives (e.g., AI and Society, Sustainable Entrepreneurship, Green Transition, etc.)

Semester 4: Master’s Thesis or Capstone Project (30 ECTS)

Study Plan

The two-year programme (120 ECTS) combines compulsory courses, electives, and practical experience, with opportunities for specialisation through electives, internships, or exchange, and concludes with a Master’s thesis or Capstone project.

Year 1 – Semester 1 (Autumn)

  • Bootcamp: Introduction to Economics and Business (0 ECTS)
  • MSB305 Economic Development and Innovation (10 ECTS)
  • MSB335 Policies for Transformation (10 ECTS)
  • MSB103 Data Analytics (10 ECTS)

Year 1 – Semester 2 (Spring)

  • MSB340 Sustainability Transition and Innovation (10 ECTS)
  • MSB416 Applied Innovation Management (10 ECTS)
  • Elective (choose 1, 10 ECTS):
    • MSB200 Management and Human Resources
    • MSB203 Management and Organisational Change
    • MEE200 Geopolitics of the Energy Transition
    • MEE210 Governing Energy Transitions

Year 2 – Semester 3 (Autumn)

Choose one of three options (30 ECTS):

  • Internship (30 ECTS)
  • International exchange (30 ECTS)
  • Electives (choose 3, 30 ECTS total):
    • MSB415 Sustainable Entrepreneurship
    • IND650 Innovation Management and Entrepreneurship
    • IND570 Green Transition
    • DIG501 AI and Society
    • SAM550 Energy, Societal Safety and Sustainable Development
    • BYG655 Sustainable Urban Development
    • MSB325 Sustainable Business Practices
    • MSB255 Supply Chain and Operations Management
    • HIS352 Key Issues in Environmental History

Year 2 – Semester 4 (Spring)

  • Master’s thesis or Capstone project (30 ECTS)

Learning Outcome

A candidate who has completed and passed the programme shall have the following learning outcomes:

Knowledge 

  • Has an advanced understanding of how economies evolve and transform through innovation, entrepreneurship, and institutional change, with particular attention to sustainability and spatial dynamics. 
  • Has deep insight into systems thinking, complexity, and evolutionary perspectives on economic development, including an understanding of transformations as multi-level, path-dependent, and contested processes. 
  • Has thorough knowledge of the tools and limits of innovation and transformation policy, including how different governance levels (local, regional, national, EU/international) design and justify interventions under uncertainty and political pressure. 
  • Has an advanced understanding of the theoretical and practical challenges of leading organizational and societal change, including managing innovation processes within and across firms, public agencies, and civil society actors. 
  • Has advanced knowledge of the strengths and weaknesses of quantitative methods in economic transformation and innovation research and knows how to use programming tools to analyze, visualize, and present data for decision-making. 

Skills 

  • Can analyze complex transformation challenges using multi-theoretical lenses, from institutional economics and innovation systems to transition studies and economic geography. 
  • Can use data independently as a critical tool, applying and interpreting statistical models to generate insights about firm behaviour, spatial development, or sustainability outcomes. 
  • Can design transformative strategies and policies in an independent manner, offering empirically grounded recommendations for firms, public agencies, and communities navigating structural change. 
  • Can move between academic and applied contexts, translating theoretical knowledge into actionable ideas for innovation management, regional transformation, and sustainability entrepreneurship. 
  • Can critically assess the ethical, organizational, and social dimensions of innovation and change, and act responsibly in settings that require collaboration, reflexivity, and leadership under uncertainty. 
  • Can carry out an independent research project on economic transformation and innovation under supervision and in accordance with applicable norms for research ethics. 

General Competence 

  • Can apply systems thinking and strategic analysis to complex transformation problems involving economic, social, environmental, and technological dynamics. 
  • Can engage constructively across disciplinary and professional boundaries, using the vocabulary of both business and social sciences to facilitate dialogue between firms, policymakers, and civil society and contribute to new thinking and innovation processes. 
  • Can demonstrate a reflective and critical mindset to communicate extensive independent work about growth, innovation, and transformation to specialists and the general public, using the language and terminology of the field. 
  • Can navigate ethical tensions and dilemmas in transformation contexts, such as balancing short-term competitiveness with long-term sustainability, or managing inclusive innovation under resource constraints. 
  • Can collaborate effectively in diverse teams, contributing to shared learning processes, co-creation, and mutual capacity-building in problem-based and real-world-oriented settings. 

Admission Requirements

Admission is based on academic background, research methods training, and minimum grade requirements.

  • Bachelor’s degree (minimum 180 ECTS) in social sciences or humanities
  • Minimum 7,5 ECTS in research methods.
  • Minimum grade average C on the ECTS scale.

Admission

Student exchange

By going on exchange to one of our partner institutions abroad as part of your studies, you will have an opportunity to get a unique education. In addition to improving your career opportunities, you grow as a person and gain the ability to greater reflect on the topics you study as part of your degree.

Utveksling

Våre studenter forventes å tilbringe deler av studietiden i utlandet ved en institusjon i utlandet. Utenlandsoppholdet kan legges til 5. og/eller 6. semester. Dette vil gi deg nyttig og ettertraktet internasjonal erfaring og slik styrke dine muligheter når du skal ut i arbeidslivet. Handelshøgskolen har avtaler med en rekke institusjoner i Europa og resten av verden, så mulighetene for et flott utenlandsopphold er mange og gode. Flere av våre utvekslingsavtaler er tilknyttet stipendprogram, og alle kvalifiserer til støtte fra Statens lånekasse. Mange av våre internasjonale partnere tilbyr fagsammensetninger vi ikke selv har ved UiS, og mange legger også til rette for at studiene kan kombineres med praksisopphold i lokale virksomheter.

Studenter som søker studieopphold i utlandet, må ha fullført normert studieplan.

Valg av emner
I hvert av utvekslingsemestrene er det satt opp 30 studiepoeng valgemner.. Det vil si at du står fritt til å velge hvilke emner du vil ta i utlandet. Et utvekslingsopphold er en god mulighet til å studere fag som ikke tilbys ved UiS. Emnene må være på riktig nivå for din progresjon i studiene, og ikke overlappe med emner du alt har tatt eller skal ta senere.

Det er viktig at du søker om forhåndsgodkjenning av emnene du skal ta i utlandet. Dette må du gjøres i god tid før avreise. Handelshøgskolen vil invitere til en workshop der vi informerer mer om valg av og godkjenning av emner.

Kontaktperson

Veiledning og forhåndsgodkjenning av emner:
Studiekonsulent Anette Hansen på anette.hansen@uis.no

Generelle spørsmål om utveksling: Utvekslingsveilederen i Digital studentekspedisjon

All about exchange

Contact

Senior Adviser
5183 3717
UiS School of Business and Law
Fakultetsadministrasjonen HH-UIS
Professor
51834499
UiS School of Business and Law
Department of Innovation, Management and Marketing