Industrial Engineering and Management, M.Sc. | Aalto University | Helsinki, Finland
Studyportals
M.Sc. On Campus

Industrial Engineering and Management

24 months
Duration
15000 EUR/year
Free
Unknown
Unknown
Apply date
Unknown
Start date

About

The Industrial Engineering and Management programme from Aalto University is a unique combination of engineering, business and leadership studies.

Overview

The recent growth in the importance of digital technologies and the on-going digitalisation of companies and society make the skills that our graduates have even more valuable. In particular, the ability to understand and integrate technology and engineering on the one hand, and business and management on the other hand is becoming increasingly critical.

Upon graduating from the Master’s Programme in Industrial Engineering and Management programme from Aalto University, graduates will have:

  • An integrative understanding of technology and business. You will understand how technologies and business processes are connected to value creation and building competitive advantage.
  • Strong leadership and people skills. You will be equipped to lead and develop organisations and motivate people to realise their inherent potential.
  • Practical problem-solving and strong analytical skills. You will be skilled in data crunching, building statistical models, and applying the data to solve problems and create business value.
  • A can-do attitude. You will be confident and willing to face challenges and tackle new tasks with determination.
  • An entrepreneurial mindset. You will be able to identify innovative opportunities for adding value for technology-based businesses.
  • Broad knowledge of various organisations. You will be able to apply the learnings to a wide scale of technology-based businesses from early-stage startups to large multinational corporations.
  • Hands-on experience. You will have practical experience in putting what you learn into action within the context of technology-based businesses.

Career opportunities

Our alumni have taken expert and leadership positions in a number of different types of companies, ranging from start-ups to large multinational management consulting companies, as well as public and non-profit organisations. They have co-founded several startups that include some of the fastest-growing companies in Europe (for example Supercell, Relex), and have been involved in some of the major strategic decisions taken by a number of multinational companies (for example Nokia, Kone, Stora Enso).

Our department’s close collaboration with the industry and an active alumni network helps students build relationships with companies throughout the studies. Companies are involved in many courses, for example through guest lectures or company assignments, which allows students to establish contacts. The majority of students write their master’s thesis for a company, which often leads to employment after graduation. Typically, graduates work in expert, analyst, consulting or project management roles in their first job after graduation (see the description of the majors for more information about typical entry jobs).

Aalto University has well-established career services to support students’ employment in Finland and abroad. Thanks to the flexible curriculum, many Aalto students work already during their studies and guarantee themselves entry positions before graduation. There is also a very active entrepreneurship community at Aalto, working as a springboard for founding a company.

Programme Structure

There are four majors in the Master's Programme in Industrial Engineering and Management:

  • Organization Design and Leadership

The major in Organization Design and Leadership focuses on issues of organisational design, motivation and leadership that are critical to the creation and transformation of technology-based businesses. 

  • Operations Management

Operations Management is a wide field with many diverse career paths. Operations manager is one example of a typical position, which may gradually lead to an executive role, such as COO (Chief Operating Officer), in a larger organisation.  

  • Product and Innovation Management

The major in Product and Innovation Management addresses the questions of how innovative operations management can be used to design existing operations to support and execute new products and innovation. 

  • Strategy

The major in Strategy puts particular emphasis on the development of strong analytical and judgment skills.  

Key information

Duration

  • Full-time
    • 24 months

Start dates & application deadlines

Credits

120 ECTS

Delivered

On Campus

Academic requirements

GPA admission requirements GPA
Required
GRE admission requirements GRE®
Required
GMAT admission requirements GMAT
Required

Other requirements

General requirements

We only admit applicants with outstanding academic performance. The degree certificate and/or the official transcript of university records should clearly indicate that the applicant has been among the best students (top 10-15%) in his or her home university:

  • For example, an applicant has achieved consistently the best grades throughout the degree studies (very high weighted average grade or GPA), which typically leads to graduation with distinction.
  • For example, applicants from Finnish universities should have a GPA of at least 4.0 on the grading scale of 1-5. For universities of applied sciences, the expected GPA is generally at least 4.5, however.

We emphasize the grades achieved in the degree that first gives the eligibility for applying.

We seek students who will complete the programme successfully in due time. Therefore, the applicant’s previous time-to-graduation matters besides the GPA.  

Tuition Fee

To always see correct tuition fees
  • International

    15000 EUR/year
    Tuition Fee
    Based on the tuition of 15000 EUR per year during 24 months.
  • EU/EEA

    Free
    Tuition Fee
    Based on the tuition of 0 EUR per year during 24 months.
  • If you are a citizen of the member states of the European Union (EU) or European Economic Area (EEA) or Switzerland, you do not have to pay tuition fee.

Living costs for Helsinki

975 - 1584 EUR /month
Living costs

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

Funding

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.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

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Scholarships Information

Below you will find Master's scholarship opportunities for Industrial Engineering and Management.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

Finland / Merit-based
Finland Scholarship for Master students
5000 EUR
Grant
Not specified
Deadline

Aalto University
Helsinki, Finland
Finland / Merit-based
Aalto University Scholarship programme
Various benefits
Grant
Not specified
Deadline

Aalto University
Helsinki, Finland
Finland / Merit-based
Fulbright-Aalto University Graduate Award
Various benefits
Grant
01 Oct 2022
Deadline

Aalto University
Helsinki, Finland
226 countries / Merit-based
Finduddannelse Sustainability Scholarship
Various benefits
Grant
22 Sep 2022
Deadline

Finduddannelse
225 countries / Merit-based
Education Future International Scholarship
200000 INR
Grant
Not specified
Deadline

Education Future
226 countries
BeArt-Presets Academic Scholarship Program
5000 USD
Grant
01 Apr 2023
Deadline

BeArt-Presets
226 countries
Fulbright U.S. Student Program, 2022
Various benefits
Grant
11 Oct 2022
Deadline

U.S. government
225 countries / Merit-based
Higher Education Scholarship Test for Indian students
100000 INR
Grant
30 Oct 2022
Deadline

Ministry of Information & Technology (IT)
50 countries / Merit-based
Study a Masters in Europe Scholarships
Various benefits
Grant
16 May 2022
Deadline

educations.com
30 countries
The Smooth Movers Scholarship
1000 USD
Grant
30 Nov 2022
Deadline

The Smooth Movers
226 countries
ServiceScape Scholarship
1000 USD
Grant
30 Nov 2022
Deadline

ServiceScape
226 countries
ACES Scholarships
3500 USD
Grant
15 Nov 2022
Deadline

ACES Education Fund
Worldwide / Merit-based
Pinsky Law New Venture Development Scholarship
Various benefits
Grant
30 Dec 2023
Deadline

Pinsky Law
Worldwide
Study abroad Scholarship - Collect
10000 SEK
Grant
31 May 2023
Deadline

Sambla
Worldwide / Merit-based
iVisa Annual Scholarship
1500 USD
Grant
14 May 2023
Deadline

iVisa
Worldwide
$1,500 Annual Essay Writing Contest Scholarship
1000 USD
Grant
29 Jun 2023
Deadline

IvyPanda
Worldwide
IMSOGLO Consortium Scholarship
2000 EUR
Grant
30 May 2023
Deadline

IMSOGLO
Worldwide
The Annual IELTS from 6 to 9 Scholarship
1500 USD
Grant
30 Mar 2023
Deadline

IELTS from 6 to 9
Worldwide
Anonymous Hope Fund
3000 USD
Grant
Not specified
Deadline

Anonymous Hope Fund
Worldwide
Erasmus Mundus Joint Masters scholarships
8000 EUR
Grant
Not specified
Deadline

European Commission
Worldwide
Aron Govil Giving Scholarship
Various benefits
Grant
09 Aug 2023
Deadline

Ducon Infratechnologies Ltd.
Worldwide / Merit-based
Dr. Martin Blank – SYB Scholarship
965 USD
Grant
Anytime
Deadline

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Industrial Engineering and Management
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