Profilbeskrivelse NBD

NBD MAJOR Profilbeskrivelse NBD

Spring 2024

  • Topics

    Denne informasjonen er fra profilbeskrivelsen som ligger på nettsidene våre:





    New Business Development


    Short introduction:

    Technological advancements and globalisation challenge organisations, industries and national economies needs to be on constant alert to explore, develop and exploit new business opportunities.

    This requires an understanding of processes in innovation and entrepreneurship in all stages of new business development.

    A major in New Business Development will educate future managers and entrepreneurs who can address these challenges by providing the innovative products and services consumers want, the jobs people need, and the economic growth required to support the society.

    This allows them to assist small businesses to become medium sized business, and medium sized businesses to become large.

    Subject areas

    The New Business Development major draws on the expertise of NHH on commercialization, finance, financial management, international business, strategy, human resources, and economics.

    These competences are needed, and often lacking, in growth-oriented new business development initiatives. Thus, the subject area is highly interdisciplinary, but covers the following overarching themes:

    • The dynamics of innovation and entrepreneurship in start-ups and established corporations.
    • The identification, conceptualization and implementation of new business opportunities.
    • Managing and scaling up of these new business opportunities.

    Learning outcome



    The candidate:

    K1: has academic knowledge to understand the complex processes and dynamics of new business development.

    K2: has research-based knowledge on challenges associated with mobilising resources, scaling up and growth of ventures.

    K3: has research-based knowledge to reflect critically on theories and research on new business development.



    The candidate:

    S1: can carry out an independent, limited research or new business development project under supervision.

    S2: can apply existing theories, methods and interpretations to specify new business development projects.

    S3: can assess the commercial viability of new business opportunities.


    General competence

    The candidate:

    G1: can contribute to new thinking and innovation processes by communicating new business ideas and projects to different audiences.

    G2: can mobilise resources for new business development projects.

    G3: can collaborate and co-create in collaborative teams partnerships.





    All New Business Development major student must choose three compulsory courses - giving 22.5 ECTS points.


    First, all NBD major students must take the NBD406 Innovation & Entrepreneurship, which educates the students to understand the phenomenon and the role of innovation and entrepreneurship in the development of firms, industries and nations.


    Second, the students have to take the NBD405 NBD in practice course were students get involved in the process of new business development by working on a real-life business case, either for an established business or a newly established venture.


    Third, the students can choose between two established method courses to fulfil the compulsory course requirement. Either STR402a Methodology for Master Thesis or MBM400A Research on Brand Decisions.



    To complete the NBD major, the students have to complement the 3 obligatory courses with a total of 22.5 ECTs in electives. Currently we offer 12 courses. More courses are currently being developed.



    Candidates that attend Innovation School have the opportunity to replace the compulsory NBD in Practice (7.5 ECTS) and the required selection of NBD electives (22.5 ECTS). This means that in order to obtain an NBD major, the students have to follow the NBD406 Innovation and Strategic Entrepreneurship and one of the compulsory methodology courses, in addition to the Innovation School.


    Candidates cannot combine a major in NBD with a minor in Innovation School, Gründerskolen or Social Entrepreneurship at UiO.


    International opportunities:

    As an NHH student you have excellent opportunities to gain valuable international experience during your studies through exchange programmes, the CEMS Master's in International Management (MIM) joint degree and summer courses.



    As an NHH graduate you have numerous career possibilities. Recent surveys show that 74 per cent of our graduates found employment before graduation.

  • Learning outcome

    Denne informasjonen er fra emnekombinasjonene som ligger på studentsidene: 

    *(This is information about all courses in the major:*

    Courses in New Business Development major

    New Business Development will be offered as a major from autumn 2018.

    Students already in the master's programme are welcome to prepare for the New Business Development major by selecting courses from the course list below in the spring semester of 2018.



    NBD405 New Business Development in Practice

    NBD406 Innovation and Strategic Entrepreneurship


    One of the following courses

    MBM400A Research for Brand Decisions

    STR402A Methodology for Master Thesis


    Electives - major in NBD

    BUS446 Sustainable Business Models

    FIE402 Corporate Finance

    FIE402E Corporate Finance (expired, replaced by FIE402)

    FIE436 Venture Capital, Private Equity and IPO's

    MBM428 Product Development and Design

    NBD404 R&D and Intellectual Property

    NBD407 Business Model Innovation

    NBD408 Social Entrepreneurship

    NBD409 Value-Creation Through Service

    NBD410 Corporate Entrepreneurship in the Digital Age

    NBD411 The Collaborative Economy

    NBD412 Platform-based business models

    FIE457 Entrepreneurial Finance

    MBM431 Commercialization of InnovationNBD412 Platform-based business modelss

    STR421 Competitive Strategy




    *(This is information about all courses in the minor:*


    Courses in New Business Development minor

    To take New Business Development as a minor, you need 22.5 ECTS from the profile¿s portfolio of courses.

    International students may combine three elective courses (22.5 ECTS) from the list into a minor. International degree students are, however, not required to have a minor.


    Minumum 22,5 credits

    MBM431 Commercialization of Innovations

    NBD404 R&D and Intellectual Property

    FIE457 Entrepreneurial Finance

    MBM428 Product Development and Design

    NBD405 New Business Development in Practice

    NBD406 Innovation and Strategic Entrepreneurship

    NBD407 Business Model Innovation

    NBD409 Value-Creation Through Service

    NBD410 Corporate Entrepreneurship in the Digital Age

    NBD411 The Collaborative Economy

    NBD412 Platform-Based Business Models


ECTS Credits

Course responsible

Academic coordinator: Bram Timmermans