Application deadline: January 15
Tuition fee:
  • Free (EEA)
  • € 15,520 / Year (Non-EEA)
Start date: September  2013
Credits: 120 ECTS
Duration full-time: 24 months
Languages:
  • English
Location:
Disciplines:
Delivery mode: On Campus
Educational variant: Full-time

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Description

Management and Economics of Innovation is a unique and highly international masters programme that trains students to understand, analyse and skilfully manage innovation processes in companies and other areas of society.

The programme focuses on how and why companies innovate to compete and how these actions change competitive conditions, what managers, policy makers and other decision makers can do and finally how companies can reap financial returns from their investments in innovation. The programme combines an advanced level of business management and economics with engineering knowledge.

Who should apply

After completing the MEI programme, the student will have a thorough scholarly understanding of the field as well as hands-on experience in handling problems and opportunities related to technological and business innovation. The programme trains students by combining extensive practical training often project-based industry challenges with critical analysis, which helps them put theories and methods to effective use.

Why apply

After completing the MEI programme, graduates should be able to:

  • Analyse how innovations and technical and scientific knowledge interact with economic forces.
  • Identify, formulate and solve problems related to innovation and renewal activities.
  • Cope with and execute strategies for innovation by applying state-of-the-art management skills.
  • Lead, interact and communicate with stakeholders both inside and outside the innovative organisation.

Career

Career opportunities include positions at both large multinational and small technology-based firms. Examples of occupations include management consulting, technology/industry analysis, project management, product development, R&D management, business development, corporate venturing, hi-tech entrepreneurship and venture capital investment.

Interesting job opportunities also exist at policy-making government agencies and institutions that commercialise science and technology. Undergraduate students with a major in industrial engineering and management or in another engineering discipline are eligible to apply.

Contents

First Year

AUTUMN TERM Study period 1

Compulsory courses

  • Economics of innovation, Examination 7,5 Credits
  • Managing development projects, Examination 7,5 Credits

AUTUMN TERM Study period 2

Compulsory courses

  • Technological change & industrial transformation, Examination 7,5 Credits
  • Creating new business, Examination 7,5 Credits

SPRING TERM Study period 3

Compulsory courses

  • R&D strategy and organization, Examination 7,5 Credits

Elective courses

  • Management of physical distribution, Examination 7,5 Credits
  • Idea evaluation and feasibility studies, Examination 4,5 Credits
  • Idea evaluation and feasibility studies, Laboratory 3,0 Credits
  • Intellectual property and innovation strategies, Laboratory 1,5 Credits
  • Intellectual property and innovation strategies, Examination 6,0 Credits

SPRING TERM Study period 4

Compulsory courses

  • Research design and methods, Examination 7,5 Credits

Elective courses

  • Decision support systems in industrial management, Examination 7,5 Credits
  • Innovation management seminar course, Written and oral assignments 7,5 Credits
  • Risk management and safety, Examination 7,5 Credits
  • Service contract management, Examination 7,5 Credits
  • Organizational behavior, Examination 7,5 Credits
  • Lean production, Written and oral assignments 7,5 Credits

Second Year

AUTUMN TERM Study period 1

Elective courses

  • Environmental aspects on logistics and transportation, Examination 7,5 Credits
  • Strategy creation and change, Examination 7,5 Credits
  • Strategic management and economics of intellectual property, Examination 7,5 Credits

AUTUMN TERM Study period 2

Elective courses

  • Risk management and safety, Examination 7,5 Credits
  • Production logistics, Examination 7,5 Credits
  • ICT economics and policy, Examination 7,5 Credits
  • Organizational behavior orientation, Examination 7,5 Credits

SPRING TERM Study period 3

SPRING TERM Study period 4

Diploma thesis

  • Master's thesis in Technology management and economics, Diploma thesis 30.0 Credits
  • Master's thesis in Technology management and economics, part A, Diploma thesis 30.0 Credits
  • Master's thesis in Technology management and economics, part B, Diploma thesis 30.0 Credits

Requirements

Bachelor´s degree (or the equivalent) with a Major in Industrial Engineering and Management or an Engineering Discipline.Prerequisites: Mathematics, minimum 30 cr. including Statistics, minimum 7.5 cr.. Minimum 15 cr. from studies in one or several of the following subjects; Organization theory, Project management, Management, Innovation management, Business administration and Economics. The required 15 cr. may also include maximum 7.5 cr. of Sustainable development.
Preferable course experience: Single- and multivariable analysis, Linear algebra.
English Language ProficiencyThe most common and important scores that are accepted are

  • IELTS (academic training), 6.5 (with no part of the test below 5.5)
  • TOEFL (Internet based): 90 (with a minimum of 20 on the written part)

English Language Requirements

IELTS band: 6.5
CAE score: 60(Grade A)
TOEFL paper-based test score: 575
TOEFL internet-based test score: 90

Funding

Chalmers can offer over 87 scholarships for the academic year 2012/2013

  • over 40 scholarships funded by the Chalmers foundation (hereinafter Avancez)
  • over 40 Swedish Government scholarships allocated by the International Programme Office for Education and Training (hereinafter IPOET)
  • two Ericsson Scholarships in Communication Engineering
  • two Sievert Larsson Scholarships (Fund within Friends of Chalmers) for Thai citizens
  • two Volvo Cars scholarship for Chinese Masters Students
  • one US Friends of Chalmers scholarship for US Masters Students

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 information on IELTS

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