Executive MBA is an accelerator for leader development and company growth.

This is a unique programme that connects the best practitioners and the best regional lecturers, and provides the students with a possibility to discuss and share experiences with the owners as well as top leaders of other companies. International lecturers and top-level practitioners provide their insight on modern managerial approaches.

The main task of Executive MBA is forming leaders’ capabilities and practical development of companies. The study has been connected with solving business case-studies. The alumni have proven in practice that by the end of the programme their companies have made a leap of development and they themselves have become more capable leaders.

Executive MBA participants and alumni make up a unique network of people who can make their voices heard and decisions matter. Common studies strengthen their network in business as well as on the personal level, and contribute to the development of Estonian entrepreneurship and society.

Executive MBA is flexible. Module-based study enables to work full-time, apply the acquired knowledge and skills in practice, and to achieve results in real time.

The programme is in Estonian.

Society and macro view on management

  • Introduction to Theories of Contemporary Society Prof. Marju Lauristin
  • Macroeconomics Meelis Kitsing, PhD
  • Business Law Risto Vahimets and Ellex Raidla Law Firm
  • Research Methods in Management Studies Anto Liivat

Organization and management

  • Executive Coaching Peep Aaviksoo
  • Managerial Psychology Prof. Aleksander Pulver
  • Strategic Leadership Anto Liivat
  • Leader Self-Expression Margit Raid, Peeter Škepast

Business management

  • Business Modeling and Service Design Marko Rillo, Ruth-Helene Melioranski
  • Strategic Management Jari Kukkonen
  • Investment Management Peeter Koppel
  • Corporate Governance Kristjan Kalda
  • Corporate Finance Aare Tammemäe, Valeria Kiisk and Redgate Capital
  • Finance and Management Accounting Andro Kullerkupp, Hele Hammer
  • Innovation and Change Management Raul Parusk, Anu Ruul
  • Price Management Richard Zinoecker, Toomas Tiivel
  • Human Resource Management Irene Metsis
  • Strategic Marketing Management Ants Lusti
  • Strategic Communication Aavo Kokk, Andreas Kaju

Macro view from Austria to World Economy and Europe – company visits, lectures and seminars


Scientific research Methodology. Executive MBA practical research Theses

The leading lecturer of Executive MBA is Jari Kukkonen.


The lecturers of the programme include the best experts with academic knowledge of management and entrepreneurship in Estonia and the region.

  • Prof. Marju Lauristin, University of Tartu, Introduction to Modern Society Theories
  • Prof. Aleksander Pulver, Tallinn University, Management Psychology
  • Aare Tammemäe, Redgate Capital, Corporate Finance
  • Aavo Kokk, Strategic Communication
  • Andreas Kaju, Meta Advisory Group, Strategic Communication
  • Andres Rannamäe, AR-Portfolio, Strategic Management
  • Andro Kullerkupp, Vertex Investment, Finance and Management Accounting
  • Anto Liivat, EBS, Strategic Leadership, Management Theory
  • Ants Lusti, Identity, Strategic Management of Marketing
  • Hele Hammer, Telema, Finance and Management Accounting
  • Irene Metsis, FendaF, Strategic Human Resource Management
  • Kristjan Kalda, Baltcap, Corporate Governance
  • Margit Raid, Miski, Self-Expression Skills in Management
  • Marko Rillo, EBS, Business Modeling and Service Design
  • Meelis Kitsing PhD, EBS, Macroeconomics
  • Peep Aaviksoo, EBS, Executive Coaching
  • Peeter Koppel, SEB, Investment Management
  • Peeter Śkepast, Skepast&Puhkim, Self-Expression Skills in Management, negotiations
  • Raul Parusk, USS Grupp, Innovatsiooni strateegiline juhtimine
  • Raul Rebane, Stratkom, Strategic Communication
  • Richard Zinoecker, Zinoecker Consulting, Strategic Price Management
  • Risto Vahimets, Ellex Raidla Law Firm, Business Law
  • Ruth-Helene Melioranski, Estonian Academy of Arts, TalTech, Business Modeling and Service Design
  • Toomas Tiivel, Blackberry, Strategic Price Management
  • Valeria Kiisk, Redgate Capital, Corporate Finance

Additionally, we involve the best thinkers and practitioners of the region. Among others, the following people have shared their knowledge and experience:

  • Prof. Maaja Vadi, University of Tartu
  • Aivo Adamson, Management Theory and Organisational Behaviour
  • Alar Kolk, PhD, European Innovation Academy, Stanford University, Business Modelling
  • Erkki Raasuke, LHV Bank Chairman of the Board, Corporate Governance
  • Hardo Pajula, Economic Analyst, Macroeconomics
  • Heidi Kakko, Head of EstBan, Business Modelling
  • Ilona Nurmela, PhD, Law Firm FORT Legal, Corporate Governance
  • Jan Palmer, Syntell AB, Chairman of the Board, Management Theory and Organisational Behaviour
  • Johannes Kert, Former Commander of the Armed Forces, Management Theory and Organisational Behaviour
  • Kaja Kallas, Member of the European Parliament, Business Law
  • Leon Glikman, Glikman Alvin, Business Law
  • Madis Müller, Eesti Pank, Macroeconomics
  • Marek Helm, Nortal, Strategic Human Resource Management
  • Mart Kikas, EBS, Strategic Management of Innovation
  • Mart Mägi, Statistics Estonia, Finance and Management Accounting
  • Monika Tamla, Government Office of Estonia, Self-Expression Skills in Management
  • Märten Ross, Deputy Secretary General for Ministry of Finance, Macroeconomics
  • Priit Karjus, Ajutrust, Strategic Management
  • Risto Rossar, Founder and Head of Insly, Business Modelling
  • Raul Parusk, Arricano Group, Strategic Management of Innovation
  • Risto Vahimets, Raidla Ellex, Business Law
  • Sten Reimann, Former Intelligence Battalion Commander of the Armed Forces, Management Theory and Organisational Behaviour
  • Taavi Veskimägi, Chairman of the Management Board in Elering, Management Theory and Organisational Behaviour
  • Taavi Rõivas, Vice-President of the Estonian Parliament, Macroeconomics
  • Tõnu Mertsina, Swedbank, Macroeconomics
  • Ville Jehe, entrepreneur, Chairman of the Board of Estonian Development Fund, Management Theory and Organisational Behaviour

Leading lecturers of subjects, among others:


Marju Lauristin

Richard Zinoecker

Richard Zinoecker

Peeter Koppel Executive MBA ebs

Peeter Koppel

How is teaching organised?

Executive MBA includes lectures, group works and individual works as well as company-based research.

The subjects are evaluated on the basis of independent and group works at the end of each subject with an individual pass-fail assignment that is based on some aspect of one’s company.

Executive MBA final thesis has an academic scope and the paper solves a practical management challenge of a company. Upon completion of the programme the student is eligible for 55 ECTS that can be transferred into further studies in case the participant is interested in applying for a master’s degree in EBS International Business Management.

Curriculum group: Business and Administration

Study language: Estonian

The program lasts for 1.5 years and includes lectures, group and individual works, and a company based research.

The study takes place in three-day modules, once a month from Thursday to Saturday (excl. July and August).

The next – 18th Executive MBA group starts in May 13, 2021.

Schedule of the Executive MBA 18th Group:

I module: 16.-18.09.2021
II module: 14.-16.10.2021
III module: 18.-20.11.2021
IV module: 09.-11.12.2021
V module: 13.-15.01.2022
VI module: 10.-12.02.2022
VII module: 17.-19.03.2022
VIII module: 20.-22.04.2022*
IX module: 19.-21.05.2022
X module: 09.-11.06.2022
XI module: 15.-17.09.2022
XII module: 20.-22.10.2022
XIII module: 17.-19.11.2022
XIV module: 15.-17.12.2022
XV module: 19.-21.01.2023

The defense of the final thesis takes place
in February 16-17, 2023.

The study takes place once a month from Thursday to Saturday (excluding July and August) as a three-day module.

Training days start at 9:30 and end at 16:45.

*Study trip to Austria.


Schedule of the Executive MBA 19th Group:

I module: 17.-19.10.2019
II module: 20.-22.11.2019*
III module: 19.-21.12.2019
IV module: 23.-25.01.2020
V module: 20.-22.02.2020
VI module: 21.03.2020
VII module: 18.04.2020
VIII module: 14.-16.05.2020
IX module: 04.-06.06.2020
X module: 17.-19.09.2020
XI module: 15.-17.10.2020
XII module: 12.-14.11.2020
XIII module: 10.-12.12.2020
XIV moodul: 21.-23.01.2021
XV moodul: 11.-13.02.2021
XVI moodul: 18.-20.03.2021
XVII moodul: 08.-10.04.2021

The study takes place once a month from Thursday to Saturday (excluding July and August) as a three-day module.

Training days start at 9:30 and end at 16:45.

*Study trip to Austria.

EBS Executive MBA programme costs 20 400 € + VAT. The price also includes a study trip to Austria.

The payment can be installed in four parts:

  • I payment: 5660 € + VAT
  • II payment: 5660 € + VAT
  • III payment: 5660 € + VAT
  • IV payment: 3420 € + VAT

*The schedule can be changed if agreed.

The preconditions of participating in Executive MBA are:

  • – having considerable experience in management;
  • – higher education;
  • – good conduct of English.

In order to apply for the programme please send your application to koolitus@ebs.ee or call +372 665 1323. After the registration we will make contact and speak about the admission documents and times.

In order to apply for the programme, we kindly ask you to present the following documents:

  • – copy of certificate of higher education;
  • – copy of diploma supplement;
  • – CV.

There are more than 200 owners and top-leaders of Estonian companies that have completed the programme.



EBS Executive Education

  • A. Lauteri 3, IV floor
    Tallinn 10114, Estonia
  • Phone: +372 665 1323
  • E-post: koolitus@ebs.ee



Jari Kukkonen

  • Executive MBA program manager
  • +372 50 66 670
  • jari.kukkonen@ebs.ee
Mare Tolli

Mare Tolli

  • Client relations manager
  • +372 53 09 6446
  • mare.tolli@ebs.ee

Riina Eelmaa

  • Client relations manager
  • + 372 50 91 729
  • riina.eelmaa@ebs.ee
Katrin Ruben

Katrin Lepa-Ruben

  • Executive MBA program coordinator
  • + 372 58 19 0810
  • katrin.ruben@ebs.ee
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