24 months
13500 EUR/year
Tuition fee
Apply date
Start date


In the Global Management of Innovation and Technology programme from LUT University, your studies will focus on engineering management in technology-oriented and innovative firms of different sizes in various sectors.

Visit the official programme website for more information


These crises are forcing organisations to renew their activities, seek novel solutions and think outside the box. Trends and crises such as COVID-19 have challenged companies but also triggered them to search for new opportunities in their business ecosystems.

In such circumstances, the management of innovation and new technologies is more important than ever. We have already seen impressive results when organisations have made joint efforts to develop new vaccines, touchless solutions or ways to deliver food.

To prepare for the future, both large multinational enterprises and small new start-ups around the world are continuously looking for talented graduates who are capable of systemic thinking, who have an innovative and international mindset, and who understand how to manage innovations and new technologies effectively. Building smart and sustainable solutions for organisations requires a wide set of skills and capabilities that this Master's programme offers.

The slogan of this Global Management of Innovation and Technology programme from LUT University ,"Build your own future", means that your studies will include both breadth and depth. You will need a broad managerial understanding of various systems within an organisation and their development, renewal and innovation. At the same time, you will be able to focus on specific sectors and select technical studies, electives and projects based on your own background, needs and future visions.

During your studies, you will be exposed to concepts that you will need as an effective manager, ranging from inventive design to strategic product and technology development, systems modelling or open collaborative innovation. Briefly, you will become familiar with the whole process from ideas to innovations to business value.

More importantly, applying theories and frameworks to real practical projects is an essential step in the learning process. Close collaboration with industrial firms will ensure the practical real-world application of new knowledge and theories. The connection with companies during the course projects, seminar assignments or your Master's thesis will be an asset for your future career.

As evidence of its overall quality of teaching, this Master's programme has gained ASIIN accreditation.

Career prospects

After graduation, you will have interesting and challenging career prospects.

Global supplier–customer relationships and business networks give talented young professionals various opportunities in the fields of management of innovations and technologies, industrial sales and marketing, operations management, and technology analysis and sourcing.

Graduates from this programme have found jobs as project managers, export managers, key account managers, supply managers, controllers, analysts, business application specialists, operative purchasers, technology innovation managers, etc.

You will also have a firm basis for doctoral studies in the field of industrial engineering and management.

Programme Structure

Courses include:

  • Core studies, 31 ECTS credits, include courses on strategic technology and innovation management, strategic entrepreneurship in an age of uncertainty, research methodologies and product development.
  • Advanced specialisation studies, 35 ECTS credits, focus on topics such as open innovations, inventive design and advanced TRIZ.
  • Minor studies, 24 ECTS credits, can be selected from other LUT minor subjects in technology, e.g. bioenergy technology, environmental responsibility, software engineering, circular economy, embedded systems and communication, advanced material engineering, mechanical engineering, or chemical and process engineering.

Key information


  • Full-time
    • 24 months

Start dates & application deadlines

More details
  • The next rolling admission is 1 November 2021 − 31 May 2022.
  • The next regular admission is 1 December 2021 − 19 January 2022.


120 ECTS


On Campus

Academic requirements

GPA admission requirements GPA
GMAT admission requirements GMAT

3.50 on the scale of 1.00 - 5.00

Other requirements

General requirements

You are eligible to apply to business programmes with one of the following degrees:

  • Bachelor of Science in Economics and/or Business Administration - Completed in a University - All countries

  • A minimum of 80 ECTS credits of studies in Business Administration to be included in the degree.
  • Bachelor of Business Administration - Completed in a University of Applied Sciences - EU/EEA countries
  • A minimum of 80 ECTS credits of studies in Business Administration to be included in the degree.
  • Bachelor's Degree in a field other than Business Administration - Completed in a University - All countries
  • A minimum of 24 ECTS credits of studies in Business Administration to be included in the degree.

Tuition Fee

To alway see correct tuition fees
  • International

    13500 EUR/year
    Tuition Fee
    Based on the tuition of 13500 EUR per year during 24 months.
  • EU/EEA

    Tuition Fee
    Based on the tuition of 0 EUR per year during 24 months.

Living costs for Lappeenranta

700 - 1100 EUR /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


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.

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Global Management of Innovation and Technology
LUT University


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