A Business School was previously offered to students enrolled in the EMerald Master’s programme. Supported  by EIT RawMaterials, the Business School was delivered by HEC Liège for its first edition and by the Faculty of Business Administration at TU Bergakademie Freiberg for subsequent editions.

The Business School was funded by EIT RawMaterials through a series of KAVA projects over the years: GeoKTPro (2016), GeoKTPro 2 (2017–2018), GeoKTPro 3 (2019–2021), EMeraldinho (2022–2024), and EMeraldinho 2 (2025).

The two-week sometimes three-week course took place between the third and fourth semesters in the first editions, when it was organised as a Winter School, and during the summer between the first and second years of the programme in later editions. It combined theoretical knowledge with practical, student-centred learning.

Lectures and interactive activities led by business academics, financial experts and experienced consultants were complemented by a business simulation game and excursions to small and medium-sized companies in the region, providing students with practical insights into business management and the world of industry.

The Business School is no longer offered as part of the current EMerald programme.