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Innovation Management – (M.Sc.)
Eindhoven University of Technology (TU/e)
Industrial Engineering & Innovation Sciences
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| Application Deadline: | Start in 1 September: May (non-EEA: May). | ||
| Annual Tuition Fee: | ≈ € 1,770 ≈ € 12,650 (non-EEA) | ||
| Location: | Eindhoven / Netherlands / View location on map ▾ Hide location on map ▴ | ||
| Duration: | 24 months | Start Date: | September |
| Educational Form: |
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| Education Variants: |
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| Credits (ECTS): | 120 | ||
| Languages: | English | ||
Location of Eindhoven University of Technology (TU/e)
Innovations are important for both nations and firms, driving economic growth and helping firms to remain competitive. Consequently, safeguarding the innovative capacity of manufacturing and service industries is of the utmost importance for politicians and managers alike. Innovations are new product forms resulting from new technology, new product attributes, or unique combinations of resources. Innovations that provide higher levels of value compared to existing products are those that are most likely to successfully penetrate the market and build customer franchise. Apart from incremental innovations, radical innovations involve new technological trajectories and often require more behavioral change from customers/users.
The Innovation Management Master's program focuses on the issues of how to analyze, design and manage new product processes in technology-driven firms. Because in today’s turbulent business environment where innovation often involves (quasi) external acquisition of technology and/or close collaboration with customers, suppliers and competitors, open innovation is a vital perspective. The program also pays attention to other forms of new business development, including entrepreneurship and new venturing, i.e. how established firms spin off promising business initiatives.
Contents
The Master's degree program Innovation Management lasts two years. Each year consists of 60 credits, based on the European Credit Transfer System.
Core courses:
• New Product Development (the very core of things; understanding what innovation entails!)
• Marketing & Innovation (to be able to bring the innovation to market)
• Project and process management (to allow for efficient management of the processes at hand)
• Human aspects of product development and quality (to understand people and make them work as a team towards innovation goals)
• Philosophy of Science (to better understand rationality and approaches to scientific problems)
• Research design, data collection and analysis (to provide you with the necessary statistical knowledge and skills)
• Design science methodology (to help you identify and solve problems like an engineer)
• System Dynamics (to be able to model processes and solve problems using simulation)
Electives:
• To help you select electives we have developed 3 clusters of courses or tracks aimed at the job market. The three tracks and their suggested courses are:
Open innovation: This track focuses on jobs as alliance manager, strategic technology officer, strategic consultant of innovation, and supply chain manager innovation. It includes courses specifically geared towards the interaction between the firm and its environment.
- Strategic Sourcing & Supply Management
- Strategy & Technology Managament
- Innovation Networks
- Innovation & Intellectual property
- Governing Innovation
- E-Business Architectures & Systems
New Product Development: This track concerns innovation as internal process. It thus includes courses aimed at project and process management, human issues of new product development and knowledge management. There is a good fit with job opportunities in innovation project manager, knowledge manager.
- Knowledge Processes & Management
- Human Performance in Innovative Organizations
- Strategy & Technology management
- Product Data Management
- Service Engineering & Marketing
Technology Commercialization and Entrepreneurship: This third track is a mix of commercially and entrepreneurial courses. It is aimed to those who prefer a job in new venturing or marketing/sales. It is also useful for those who want to start their own business!
- Technology Entrepreneurship
- Entrepreneurial Finance
- Service Engineering & Marketing
- Selling New Products
- Innovation & Intellectual Property
Please note that other, extra electives are available, and that we highly recommend the course Management Accounting for all our students!
Course characteristics:
- All classes conducted in English
- Core courses: 8 x 5 = 40 ECTS
- Electives: 8 x 5 = 40 ECTS
- Master Thesis: Preparation (10 ECTS), Thesis work: (30 ECTS)
Types of teaching (in year 1):
theory: 25%
practice: 25%
self study: 25%
Studying abroad is optional.
The percentage of foreign students: 20
The percentage of students abroad: 20
You are normally required to take an English Proficiency Test if you come from a non-English speaking country.
Most European Universities recognise the IELTS test.
More informationRequirements
There are a number of general requirements and facts for admission to Master’s degree programs:
- The best fit in prior education is a degree in Industrial Engineering.
- Admission to the master program of Innovation Management is only possible with a degree in one of the engineering sciences.
- You must have a relevant Bachelor’s degree (or equivalent), based on a program of sufficient academic level and quality to enable you to complete the TU/e Master’s degree program to which you wish to be admitted.To find more information about the admission for students from a non-research (non-PhD) university (such as 'Hogescholen' in the Netherlands and 'Fachhochschulen' in Germany).
- You must be able to demonstrate sufficient command of English. To prove sufficient command of the English language you should submit an Academic IELTS or TOEFL test. For the required scores or exemptions, you can contact the TU/e admissions office (admissions@remove-this.tue.nl).
Other requirements
Previous education
Written request
Grade average
Grade list
Language test
IELTS Overall-band needed: 6.5
TOEFL Internet-bases needed: 90
Additional Requirements
| Minimal degree required: | Bachelor's degree |
| Minimal amount of work experience | Not specified |
Language Proficiency
| IELTS Band: | 6.5 |
| TOEFL Paper-based: | 550 |
| TOEFL Computer-based: | 213 |
| TOEFL Internet-based: | 90 |
Accreditation
Accredited by: NVAO in: Netherlands
Funding details
Scholarships / Grants:
Nuffic:
The Erasmus programme is a component of the European programme 'LifeLong Learning' from the European Commission for mobility of higher education in Europe. An Erasmus scholarship covers a period of 3-12 months. Only students or graduates from educational institutions can take part in the programme.
For additional information: Website
Eindhoven University of Technology:
Scholarships are awarded by the TU/e and institutes situated in the Eindhoven region and the rest of the Netherlands (NL): ASML, NXP, Océ, Vredestein and Philips. The scholarships are awarded to students with the best grades from their previous education at respected universities outside NL.
For additional information: Website
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