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What will I learn?

In the modern knowledge economy, various forms of new knowledge, especially in technology, are critical factors underlying industrial innovation, competitiveness, and economic growth.

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 skillfully manage innovation processes in companies and other areas of society. This programme focuses on how and why companies innovate to compete and how companies can reap financial returns from their investments in innovation.

Programme description

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 skillfully analyse and manage innovation and renewal. After having completed the programme, you should be able to:

  • Analyse and understand how and why innovations, technical and scientific information and knowledge interact with market and economic forces.
  • Identify, formulate and solve problems related to innovation and renewal activities involving technological, economic, organisational and institutional change.
  • Handle and execute strategies and practical implementation for innovation and renewal by applying state-of-the-art research and management methods and tools.
  • Lead, interact and communicate with qualified professionals within and outside their own organisations and/or their own knowledge field.

Together with committed teachers, that include you as a student in their research and students from various engineering disciplines, this programme creates a base for developing yourself and your ability to lead and develop organisations. In addition, you learn and use tools and frameworks for developing new technologies into viable businesses.

Career opportunities

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.

Which department am I in?

Department of Technology Management and Economics

Study options

Full Time (2 Years)

Tuition fees
SEK140,000.00 (10,88,647) per year
EU/EEA Citizens are not required to pay fees.
Start date

Expected August 2022

Venue

Chalmers University of Technology

Johanneberg Campus,

Chalmersplatsen 4,

GOTHENBURG,

SE-412 96, Sweden

Entry requirements

For students from United States

To fulfill the general entry requirement for the second cycle (master’s level), the prospective student must either hold a degree of Bachelor or Degree of Bachelor of Science in Engineering (minimum 3 years/ 180 hp) in Science, Engineering, Technology or Architecture from an internationally recognized university, according to the official guidelines by the Swedish Council for Higher Education published at universityadmissions.se. Programme-specific requirements include a bachelor’s degree (or the equivalent) with a major in (one or several alternatives will be listed) and prerequisites (one or several courses selected as necessary for the specific programme) and for three particular programmes a portfolio is required. English language requirement: IELTS (academic training): 6.5 (with no part of the test below 5.5); TOEFL (Internet based): 90 (with a minimum of 22 on the written part); TOEFL (paper based): 575 (with a minimum of 4.5 on the written part); Pearson PTE Academic - Score of 62 (writing 61).

For international students

Bachelor’s degree (or equivalent) with a major in: Industrial Engineering and Management or an Engineering Discipline. Note: A Bachelor's degree in Business Administration (BBA or B.B.A.) or Economics does not fulfil the requirement.

Preferable course experience: Linear Algebra, Single Variable Analysis and Multivariable Analysis.

Accepted tests and minimum results required: IELTS Academic: an overall mark of 6.5 and no section below 5.5; TOEFL Paper-based: Score of 4.5 (scale 1-6) in written test, total score of 575, TOEFL Internet-based: Score of 20 (scale 0-30) in written test, total score of 90; Pearson PTE Academic: Score of 62 (writing 61); C1 Advanced (CAE), Cambridge English: Advanced (Certificate in Advanced English), or Cambridge ESOL Level 2 Certificate in ESOL International, Level C1.

*There may be different IELTS requirements depending on your chosen course.

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