Industrial Engineering and Management – (M.Sc.)

The Master’s programme Industrial engineering and management aims to give students with a solid base in engineering the tools needed to integrate engineering, economy and mathematics and prepare students for careers as managers and project leaders in the industry.
Building upon the students’ engineering background the programme provides knowledge in industrial management through a multi-disciplinary approach. It also increases their ability to adopt changes in the industrial environment in an efficient and responsible manner.
The first term consists of mandatory courses in Industrial project management, Corporate organization, Corporate finance, and Quality Management which puts the student’s engineering skills into the context of industrial management. The second and following terms, students choose to specialize themselves in the fields of Innovation Management, Operation Management, Finance or Quality Management.
The Operation Management profile teaches the skills needed to apply a holistic view of production and operations management issues in both manufacturing and service industries. This profile is mathematically intensive and utilizes quantitative methods to describe problems, analyze operations issues, and provide solutions for industries facing a dynamic, changing environment.
The Innovation Management profile focuses on developing and commercializing innovative products and new solutions. Central skills are technology and project management, product development and entrepreneurship.
The Finance profile deals with the theories and tools used in the financial markets such as financial instruments, asset pricing, risk management, portfolio evaluation and optimal asset management.
The Quality management profile provides knowledge on approaches for creating and sustaining an effective organisation. Quality management is a set of concepts and practices characterized by core principles such as customer focus, process management, continuous improvement, everyone’s participation, base decisions on fact and committed leadership. One of the central questions is how an organisation can improve its processes to provide maximum benefits to customers through the best use of available resources.
Employment and career opportunitiesFollowing graduation students are prepared for interesting careers in cutting edge industries, for example as a R&D project leader in larger, technologically intensive companies or as a CTO at smaller companies or start-up. Students choosing to specialize themselves in finance may also find careers at larger financial institutions or companies with their own finance divisions.
Specific requirementsApplicants are expected to have a bachelor of science or a bachelor of engineering degree including at least 30 ECTS credits in mathematics or applied mathematics and courses in linear algebra, calculus in one variable, calculus in several variables, mathematical statistsics, operations research, programming