Master of Science in Industrial Engineering and Management

Aalto University

Program Description
EFMD Equis Accredited
AACSB Accredited

Master of Science in Industrial Engineering and Management

Aalto University

Focus on proactive problem solving and learn to utilize your engineering mind-set in developing business!

The Master's Programme in Industrial Engineering and Management (IEM) combines engineering with economic and human fundamentals to create value and efficiency. Unique in its multidisciplinary and integrative essence, IEM studies explore the foundations of business and engineering processes and inspire an engineering mind-set to develop business. The distinctive focus of the programme is to educate graduates with knowledge, skills and will to create and transform technology-based businesses in new or established firms.

You can choose from the three majors offered:

  • Leadership and Knowledge Management
  • Operations and Service Management
  • Strategy and Venturing

Creating value through proactive problem solving

IEM professionalism is an integrated skill set consisting of mathematical, technological, economic, and social competences that focuses on proactive problem solving in value creating processes. In essence, the ethos of IEM studies emphasizes a systemic, solution-oriented engineering mind-set. Emphasis is on capability to solve the right problems right, i.e. identify needs, define problems accordingly, and solve them effectively. Building on these foundations, the programme develops strong competencies for the creation and transformation of technology-based business combining strategic, operations, and people perspectives.

Industrial Engineering and Management is one of the two specialisation options offered within the Master’s Programme in Industrial Engineering and Management, the other being Strategy. The programme is organised by the Department of Industrial Engineering and Management.

Study programme

The curriculum for the Industrial Engineering and Management specialisation combines research-based insights (theories, analytical frameworks, and latest research knowledge) with experiential learning (cases, assignments, and teamwork). You can choose from the three majors examining the creation and transformation of technology-based business in new or established firms from three complementary perspectives: strategy, operations, and people. Although each major focuses on the core of one perspective, the other perspectives are covered in optional courses of the major.

  • Leadership and Knowledge Management
  • Operations and Service Management
  • Strategy and Venturing

The degree consists of a major (45 ECTS), a minor (20 ECTS), elective studies (25 ECTS), and the Master’s thesis (30 ECTS).

Career opportunities

Studies in Industrial Engineering and Management lead to diverse career paths. Careers in service industry, research and development, and business development and management are common, as are also service purchasing and requirements engineering in both public and private sectors. Expert positions in consulting, research or educational organisations are possible as well.

Typical job titles of recent graduates include e.g. Project Manager, Strategic Partnerships Manager, Technology Consulting Analyst, Research Coordinator, Senior Manager, Analyst, Research Consultant, Founder & CEO, Junior Consultant, Business Unit Manager, Analyst…

The programme provides also an excellent basis for doctoral studies. Further information on the research conducted at the Department of Industrial Engineering and Management can be found from the department website (tuta.aalto.fi).

Recent Master’s thesis topics of Industrial Engineering and Management students include e.g. Release management process in a software service company; Computer-aided product cost estimation for the virtual factory; Efficiency and functionality of an internal purchaser-provider model in public specialized health care services; Stakeholder and dependency management in an IT organization, and Strategy formation studied from internal and external perspectives.

Tuition fees and scholarships

Non-EU/EEA students selected to the Industrial Engineeering and Management programme in the application round 2017 will be charged tuition fees.

Since our Master’s theses are typically commissioned by companies, students are often paid for the thesis-related employment. The Department of Industrial Engineering and Management also recruits successful students for summer jobs and research projects.

Admission requirements

General admission requirements

The general eligibility requirements are the same for all Master's programmes in the field of science and technology. Please see also the requirements concerning language skills.

Eligible applications are then sent to the academic evaluation described in more detail below.

Specific admission requirements for Industrial Engineering and Management

The Department of Industrial Engineering and Management is responsible for the academic evaluation of the applications. Students are selected by the Departmental Selection Board. The first phase of the evaluation process identifies the applications that are acceptable according to the standards of the programme. The second phase of the evaluation process ranks the acceptable applications. The number of student places is limited and the evaluation process is highly competitive. If the number of acceptable applicants exceeds the admission quota, only the highest ranked applicants can be selected. The number of student places do not need to be filled if there are not enough sufficiently acceptable applicants.

During the academic evaluation, applicants are evaluated on the basis of following criteria:

  • previous academic performance (grades)
  • content of the previous degree(s)
  • motivation and dedication to the programme
  • other study-related merits

Application documents

In addition to the compulsory application documents, the following, additional application documents are appreciated:

  • Relevant Master's Degree certificate (if available) (officially attested)
  • Certificates of relevant university-level non-degree studies
  • Letter of recommendation (at least one). The recommendation should be written by a person who has supervised you in either academic or employment capacity. The recommendation must be delivered in a sealed envelope. The recommendation should be specifically addressed for the Master's Programme in Industrial Engineering and Management
  • Relevant letters of reference (work certificates) and other certificates of relevant activities. In case you have work experience or other activities that could support your application, include copies of these documents to your application.
  • Results of GRE- or GMAT-test (if available, please submit a paper copy of your test report)

The number of references or recommendations is not decisive but they complement the assessment of the applicant’s capabilities, motivation and dedication.

Applicant’s motivation letter (compulsory part of the online application form) should be written in English. The applicant is requested to indicate in the motivation letter which major (Leadership and Knowledge Management, Operations and Service Management, Strategy and Venturing) s-/he would like to pursue.

Also additional application documents described above (recommendations letter(s), work or other certificates) should preferably be submitted in English. If some other language than English, Finnish or Swedish is used in them, the applicant must provide precise, word-for-word translations of them.

This school offers programs in:
  • English


Last updated November 26, 2016
Duration & Price
This course is Campus based
Start Date
Start date
Aug., 2017
Duration
Duration
2 years
Full time
Price
Price
-
Information
Deadline
Jan. 25, 2017
Application period: 2016-12-15 - 2017-01-25
Start date Aug., 2017
Place
Finland Espoo
Application deadline Jan. 25, 2017
Application period: 2016-12-15 - 2017-01-25
End date Request Info
Duration 2 years
Price - REQUEST INFO