Through a combination of an advanced level of business management and economics in relation to engineering knowledge, you will be trained to analyse, understand and skilfully manage innovation processes in companies and other areas of society. The Management and Economics of Innovation programme is offered at the Chalmers University of Technology.
Innovation processes present challenges and opportunities for a range of different organisations, such as established firms, new entrepreneurial firms, universities and government agencies. Industry, as well as society, therefore need managers and employees who not only have scientific and engineering training but who also have acquired a thorough understanding of the innovation process and how it can be handled in a financially successful way.
At the intersection between technology, management and economics, the overall purpose of the programme is to train you to skilfully analyse and manage innovation and renewal. After having completed the programme, you should be able to:
Together with committed teachers, that include you as a student in their research and students from both industrial economy and the field of engineering, this programme creates a base for developing yourself and your ability to lead and develop organisations.
Future career opportunities will primarily be found in the business sectors, including large multinational firms as well as small technology- based firms. Examples of occupations include management consultancy, technology/industry analysis, project management, product development, R&D management, business development, corporate venturing, hi-tech entrepreneurship and venture capital. Interesting job opportunities also exist in government policy-making agencies, non- government organisations, universities and institutions commercialising science and technology.
You can apply until:
Always verify the dates on the programme website.
You only need to take one of these language tests:
The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.Take IELTS test
The TOEFL – or Test OF English as a Foreign Language – offers a paper-based test (PBT). The final, overall PBT score ranges between 310 and 677, and is based on an average taken from the three test components (listening, structure, and reading). The writing part of this test is scored separately on a scale of 0-6. Read more about TOEFL (PBT).
The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).
Bachelor´s degree (or the equivalent) with a Major in Industrial Engineering and Management or an Engineering Discipline.
Prerequisites: Mathematics (at least 30 credits, including Mathematical Statistics at least 7,5 credits). Studies in one or several of the following subjects: Organization theory, Project management, Management, Innovation management, Business administration and/or Economics (at least 15 credits).The required 15 credits may include maximum 7.5 credits of Sustainable development.
Preferable course experience: Linear algebra, Single variable analysis and Multivariable analysis.
English Language Proficiency
The most common and important scores that are accepted are
Non-EEA:140 000 SEK/academic year
EU/EEA Citizens are not required to pay fees.
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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