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Management and Economics of Innovation

Chalmers University of Technology

M.Sc.
24 months
Duration
14551 EUR/year
Free
Unknown
Tuition fee
Passed
Unknown
Apply date
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Start date

About

In the modern knowledge economy, various forms of new knowledge, especially in technology, are critical factors underlying industrial innovation, competitiveness, and economic growth. The Management and Economics of Innovation programme is offered at the Chalmers University of Technology.

Overview

Through a combination of an advanced level of business management and economics in relation to engineering knowledge, you will be trained to analyse, understand and skilfully manage innovation processes in companies and other areas of society. The Management and Economics of Innovation programme is offered at the Chalmers University of Technology.

Programme description

Innovation processes present challenges and opportunities for a range of different organisations, such as established firms, new entrepreneurial firms, universities and government agencies. Industry, as well as society, therefore need managers and employees who not only have scientific and engineering training but who also have acquired a thorough understanding of the innovation process and how it can be handled in a financially successful way.

At the intersection between technology, management and economics, the overall purpose of the programme is to train you to skilfully analyse and manage innovation and renewal. After having completed the programme, you should be able to:

  • Analyse and understand how and why innovations, technical and scientific information and knowledge interact with market and economic forces.
  • Identify, formulate and solve problems related to innovation and renewal activities involving technological, economic, organisational and institutional change.
  • Handle and execute strategies and practical implementation for innovation and renewal by applying state-of-the-art research and management methods and tools.
  • Lead, interact and communicate with qualified professionals within and outside their own organisations and/or their own knowledge field.

Together with committed teachers, that include you as a student in their research and students from both industrial economy and the field of engineering, this programme creates a base for developing yourself and your ability to lead and develop organisations.

Career opportunities

Future career opportunities will primarily be found in the business sectors, including large multinational firms as well as small technology- based firms. Examples of occupations include management consultancy, technology/industry analysis, project management, product development, R&D management, business development, corporate venturing, hi-tech entrepreneurship and venture capital. Interesting job opportunities also exist in government policy-making agencies, non- government organisations, universities and institutions commercialising science and technology.

Programme Structure

Courses include:

  • Technological change and economic transformation
  • Managing development projects
  • Strategic management
  • Creating new business
  • Quality management
  • Management of physical distribution
  • Idea evaluation
  • Intellectual property and innovation strategies
For more information, please visit the programme website.

Key information

Duration

  • Full-time
    • 24 months

Start dates & application deadlines

Language

English

Credits

120 ECTS

Delivered

On Campus

English requirements

TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at designated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
90
IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
6.5

Other requirements

General requirements

  • Bachelor´s degree (or the equivalent) with a Major in Industrial Engineering and Management or an Engineering Discipline.
  • Prerequisites: Mathematics (at least 30 credits, including Mathematical Statistics at least 7,5 credits). Studies in one or several of the following subjects: Organization theory, Project management, Management, Innovation management, Business administration and/or Economics (at least 15 credits).The required 15 credits may include maximum 7.5 credits of Sustainable development.
  • Preferable course experience: Linear algebra, Single variable analysis and Multivariable analysis.
  • English Language Proficiency scores.

Tuition Fee

  • International

    14551 EUR/year
    Tuition Fee
    Based on the original amount of 14551 EUR per year and a duration of 24 months.
  • EU/EEA

    Free
    Tuition Fee
    Based on the original amount of 0 EUR per year and a duration of 24 months.
  • 140 000 SEK/ academic year;

Funding

Scholarships are a great source of funding for Master's students who are liable to pay tuition fees. Chalmers University of Technology offers numerous scholarship opportunities. Some of these are administered by the university itself and others by external institutions.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Management and Economics of Innovation
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Chalmers University of Technology

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