International Design Business Management - Economics and Business Administration, M.Sc.

  • Application Deadline
  • 24 months
    Duration
  • English (book IELTS)
    Language
University rank #190 (WUR) ,
The Master's International Design Business Management - Economics and Business Administration from Aalto University helps students become a future creative professional in integrating design and technology with global business development.

About

The multidisciplinary International Design Business Management (IDBM) programme prepares you for a key role in global design business through interdisciplinary and collaborative learning that cuts across business, design and technology.

The programme embraces design more broadly as a method, mind-set and competitive advantage by focusing on product, service and business design, technology and innovation management.

Programme overview: multidisciplinary community and challenge based learning

The International Design Business Management (IDBM) programme is a joint teaching and research platform of three Aalto University schools: the School of Business, the School of Art, Design and Architecture, and the School of Science.

One of the main components of the IDBM programme is the Industry Project, a challenge based assignment from a client organization that students will undertake in small interdisciplinary teams during the first academic year.

In the programme, they will further have an opportunity to

  • discover and make full use of their own potential in interdisciplinary teams
  • acquire knowledge about current and future trends shaping organizations and societies
  • expand their business competences achieved at the bachelor’s level by bringing in design and technology perspectives
  • develop important interpersonal and communication skills through collaborative industry projects
  • gain insights to how design can be managed, as well as how its impact can be evaluated and analysed
  • learn from industry leaders how to create new ideas and execute them with design-driven strategies and processes

Learning outcomes

Since the IDBM programme is a multidisciplinary learning community, students will have a lot of freedom focusing on your own learning outcomes. However, the obligatory part of the curriculum provides you with diverse perspectives to how design and technology can transform societies and develop radical as well as incremental innovations.

Building on this, during their studies students will develop a solid understanding of the

  • role of design, technology and multidisciplinary collaboration in identifying and solving current societal and organizational issues
  • various perspectives of design and how design helps organizations create new competitive advantages and tackle wicked problems
  • characteristics and qualities required in leading a creative enterprise or a multidisciplinary team
  • skillset needed to develop radical innovations by drawing on design methods and processes
  • importance of being able to work in multidisciplinary and multicultural environments, and what it takes to create and transfer knowledge between business, technology, and design

Upon graduating from the programme, students will be able to

  • operate independently and in teams to arrive at successful cross-cutting solutions within complex, ambiguous and demanding problem settings and environments
  • create new knowledge and practices and apply them in multidisciplinary settings
  • execute demanding tasks in expert and entrepreneurial roles
  • manage and lead initiatives and people within global and multidisciplinary business environments
  • argue, both quantitatively and qualitatively, for the importance of design in 21st century organisations
  • evaluate the action of self and of teams, be responsible for the professional development of others, while demonstrating abilities to accumulate personal expertise and knowledge
  • communicate fluently both orally and in writing with internal and external stakeholders

Broad career prospects: from entrepreneurs to internal innovators

IDBM studies prepare students for a career in the creative industries and in businesses and other organizations that draw on creativity, design and technology as key components of their competitive positioning.

After their graduation, students embarking on a career in the private or public sector typically work in domains such as:

  • service design
  • business design
  • design and technology strategy
  • development of product and service offering
  • academic or design research
  • innovation management, marketing
  • creative direction, export management
  • trend analysis and forecasting

These career opportunities exist both in large multinationals and in small start-ups, in a variety of fields. These businesses typically leverage design to create new products and services, often involving the latest technology and business venturing and entrepreneurship. These activities have been further supported by the vibrant start-up communities in Aalto University.

The International Design Business Management - Economics and Business Administration programme is offered at Aalto University.

Programme Structure

Courses Included:
  • IDBM Challenge
  • Corporate Entrepreneurship and Design
  • Operations Management
  • Business Model Design
  • IDBM Industry Project 
  • Capstone: Global Virtual Teamwork
          For more information, please visit programme website.

          Detailed Programme Facts

          • Programme intensity Full-time
            • Full-time duration 24 months
          • Credits
            120 ECTS
          • Languages
            • English
          • Delivery mode
            On Campus

          English Language Requirements

          You only need to take one of these language tests:

          • Minimum required score:

            6.5

            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.

            Book IELTS
          • Minimum required score (Grade C):

            180

            The CAE test – or the Cambridge Advanced English – is an exam for applicants who wish to get a Certificate in Advanced English. To receive the Advanced certificate, test-takers must score between 142 and 210 on the Cambridge English: Advanced test. Read more about CAE.

            Note: degree programmes and applications may require a more specific minimum score for admission.

          • Minimum required score:

            580

            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).

          • Minimum required score:

            92

            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).

          Academic Requirements

          • You need the following GMAT score:

            Required score: 550

            The GMAT - or Graduate Management Admission Test - is a frequent requirement for admission at management and business schools across the world. The GRE score ranges between 200 and 800 and measures the verbal and quantitative reasoning of test-takers. Read more about the GMAT.

          • An appropriate Bachelor´s degree or an equivalent qualification.
          • A printed and signed cover letter from the online application system. 
          • An officially attested copy of an official Bachelor's degree certificate/diploma
          • An official transcript of records
          • An authorised translation of the degree certificate/diploma and an authorised translation of the official transcript of records
          • Language certificate
          • Portfolio
          • A CV

          Tuition Fee

          • International Applies to you

            15000 EUR/year
            Tuition Fee
            Based on the original amount of 15000 EUR per year and a duration of 24 months.
          • EU/EEA Applies to you

            Free
            Tuition Fee
            Based on the original amount of 0 EUR per year and a duration of 24 months.
          We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
          There is a tuition fee for students who are not citizens of the member states of the European Union (EU), European Economic Area (EEA), or Switzerland. 

          Living costs for Helsinki

          910 - 1400 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.

          The Global Study Awards: get funded with up to £10,000 to study abroad

          Together with the ISIC Association and British Council IELTS, StudyPortals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.