MSc in Management und Wirtschaft der Innovation

In the modern economy, knowledge has a unique value of its own. Especially in technology, it underpins critical aspects of industrial innovation, competitiveness, and economic growth. Through a combination of advanced business management and engineering-related economics, this program will train you to analyze, understand and skilfully manage innovation processes in companies and other areas of society.

The processes behind innovation present unique challenges and opportunities for all sorts of organizations, from established firms to new entrepreneurial ventures, as well as universities and government agencies. All these organizations, therefore, need employees and managers with training in not just scientific and engineering disciplines, but also a thorough understanding of innovation processes, and how they can be handled in a financially successful way.

At the intersection between technology, management, and economics, the overall purpose of this program is to train you to skilfully analyze and manage the processes of innovation and renewal. The education focuses on how and why companies innovate, and the best way to transform innovation investment into real financial and social gains.

After graduation, you will be equipped with a wealth of skills. You will be able to analyze and understand how and why technical and scientific innovations, information, and knowledge interact with commercial markets and economic forces. You will know how to identify and solve technological, organizational, economic, and institutional problems related to innovation and renewal activities. You will apply state-of-the-art research and management methods and tools to develop and execute strategies and implementation plans for innovation, and you will direct, interact, and communicate with qualified professionals.

With expert teaching from faculty in various engineering disciplines, this program will give you an excellent base for developing yourself and your abilities in leading and developing all sorts of organizations.

The teaching will include lectures, seminars, workshops, and supervised project work. Assessment techniques include oral and written examinations, and special attention is devoted to developing your presentation skills.

The program combines extensive practical elements, including project-based industry challenges, with critical analysis, putting theories and methods to effective use.

Career

Future career opportunities for students with a Master's degree in Management and economics of innovation 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 organizations, universities, and institutions commercializing science and technology.

General entry requirements

A Bachelor's degree in Science, Engineering, Technology, or Architecture

To fulfill the general entry requirement for a Master's program at Chalmers (at advanced level/the second cycle), the prospective student must hold a degree that is equivalent to a Swedish Bachelor's degree (minimum 3 years, 180 Swedish higher education credits) in either Science, Engineering, Technology or Architecture.

• All applicants must document their formal academic qualifications to prove their eligibility. Only documentation from internationally recognized universities will be approved by the Swedish Council for Higher Education which manages the website universityadmissions.se.
• If an applicant is also a holder of a second degree such as a Master's degree, that may be to fulfill specific (course) requirements, it cannot be used to fulfill the general entry requirement on its own.

In your final year of Bachelor's Studies

Students in their last year of studies who don't yet have documentation of their soon-to-be-completed degree can be accepted.

Restrictions

Degrees that are constructed on one another cannot consist of the same course

Applicants who fulfill the general entry requirements for the second cycle (master’s level) programs and eventually specific entry requirements can be admitted to a master’s program. Applicants cannot be evaluated as unqualified in the qualifying academic merits which include courses from the program’s plan in those programs that they have applied for if that occurs.

Courses included in an earned first cycle degree (bachelor’s level) or professional qualification of at least 180 cr. (180hp) or the equivalent foreign qualification that are prerequisites for master’s qualifications may not be included in the higher qualifications. This also applies to prerequisite courses for master’s programs, regardless of whether they are included in the underlying qualification. *

*) Local Qualifications Framework for Chalmers University of Technology - first and second cycle qualifications.

Restrictions for Citizens from the Democratic People’s Republic of Korea (North Korea)

Chalmers cannot admit applicants with citizenship of the Democratic People’s Republic of Korea only to any program or course, due to the Council Regulation (EU) 2017/1509 of 30 August 2017 concerning restrictive measures against the Democratic People's Republic of Korea and repealing Regulation (EC) 329/2007.

For applicants with double citizenship of which one is of the Democratic People's Republic of Korea and the other of another country, the citizenship of the other country has precedence in this respect.​

Study the Swedish way at Chalmers University of Technology

Providing a comprehensive education in science, engineering, technology and architecture, Chalmers University of Technology is one of Scandinavia’s most respected universities, and consistently ranks highly among the world’s best. Chalmers is a household name in Sweden, regarded as the most reputable and well-known University in the country.

When you study at Chalmers University of Technology, you become part of a rich and diverse culture stretching back to 1829. Alongside the world-class facilities and faculty, the student life is full of fun and adventure, with hundreds of clubs and societies offering everything from ballooning, robotics and jazz to theatrical and sports clubs. This side of student life is deeply embedded in the Chalmers spirit, with more than half of our students involved in the cultural life of the University in this way.

And when it comes to the education and research at Chalmers, you will find that you are right at the cutting edge of your field. With over two centuries’ worth of excellence brought thoroughly up to date with modern infrastructure and teaching methods, here you will encounter a very particular way of doing things. When you study at Chalmers, you learn to think independently, using engineering methods in innovative ways to tackle the biggest challenges facing society, from climate change to the digital revolution. We encourage your creativity, and believe in the importance of free thinking. To facilitate openness and cooperation between students and teachers, we pursue a classically Scandinavian atmosphere, one that is truly informal and non-hierarchical – the Swedish way.

And alongside a world-class education, when you study at Chalmers, you will also get the chance to live in one of the most stunning and distinct cities in all of Europe. Our campus is situated right in the heart of Gothenburg, on Sweden’s beautiful west coast – one of the world’s greenest cities, built around forests, lakes, islands and rivers. But Gothenburg is also celebrated for its unique social atmosphere — a perfect blend of small-town charm and big-city energy. Consistently ranked as the friendliest and most sociable city in Sweden, Gothenburg has a spontaneous and relaxed atmosphere that sets it apart from many other university towns in Scandinavia and Europe.

Sustainability, entrepreneurship and equality are essential aspects of everything we do at Chalmers. Through project-based assignments, we provide hands-on, collaborative experience, focusing on applying theoretical knowledge to solve current and future problems. We have excellent connections with many relevant industrial and social partners, including local giants such as Volvo, SKF, and AstraZeneca, ensuring that our research and education is always closely aligned to real-world challenges and applications. Our global focus attracts students and staff from around 70 countries, and we offer around 40 master’s programmes taught entirely in English — preparing you for a truly international career.

Chalmers University of Technology is an exciting and dynamic university, in a beautiful and unique city. Our motto today remains the same as it was in 1829: Avancez — forward.