Master of Science in Innovation and Industrial Management

Modern companies face complex industrial and financial challenges of doing business domestically as well as internationally. Large companies in Sweden and other countries face particular demands in adapting to these technological, financial, market and other changes, and in ways which positively affect their future profitability and competitiveness. Therefore, in the globally competitive world, organizations must develop internal and external analysis of industrial processes and market conditions with particular emphasis on innovation, industrial dynamics and finance. By attending this Master programme, you will learn relevant concepts and tools to address such challenges. You will learn how and why to make reasonable decisions, in organizations operating under risk and uncertainty in rapidly changing markets and technologies.

You will also learn principles (concepts and criteria) and procedures (methods and techniques/tools) for valuation and planning for long-term strategic decisions and immediate pricing ones, as well as ones to utilize and mobilize knowledge and technological resources for novel products and services. Areas of study for electives and required courses can include, for example, corporate finance, industrial management, supply chains and logistics, intellectual property rights, innovation management, company valuation, international business, and other relevant topics. Teaching is envisioned to be a combination of pedagogical methods, including company cases, group tasks, models and theoretical analysis, lectures, and individual study. This Master programme thus focuses upon preparing the student for decision making, by combining the frameworks of asset and liability management and that of innovation and industrial management. You will be prepared for future a professional career in areas such as corporate venturing, production and innovation management, corporate finance and treasuring, controlling, risk management, venture capitalist, investment banker, strategic development management, and industrial manager.

A Bachelors degree, i.e. the equivalent of 180 higher education credits (HEC) at an accredited university (all credits need to be from an accred. university). Also a minimum of 90 HEC in a major subject, a thesis or equivalent proof of proficiency in academic writing, a min. of 15 HEC in Statistics, or equal qualifications as assessed by the Graduate School. All applicants are required to submit results of the GMAT. Prove English proficiency by one of the following: TOEFL IBT (internet based) min. 100 points, TOEFL (computer based) min. 240 points, TOEFL (paper based) min. 570 points, IELTS min. score 6.0 with no individual score below 6.0. This requirement does not apply to students with a Bachelors Degree, based upon at least 3 years of full-time studies, from an education with English as the only language of instruction (with the exception of students from Pakistan and Bangladesh), or to students having passed English level B at the Swedish Upper secondary School. All students need to send in proof of English proficiency. A) The education must include a min. of 60 HEC in one, or a combination, of the following subject areas: Business Administration, Industrial Management and Engineering, and Economics. Or B) The education must include at least a Bachelors degree in Engineering, Natural Science or Law and also a min. of 30 HEC in one, or a combination, of the following subject areas: Business Administration, Industrial Management and Engineering, and Economics. Priority will be given to eligible students with courses in specific areas, please see www.handels.gu.se/gs

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