Master's Programme in Global Management of Innovation and Technology

LUT University

Program Description

Master's Programme in Global Management of Innovation and Technology

LUT University

Today's global business world is looking for talented graduates with an international mindset and understanding of the management of innovations and new technologies.

Multinational enterprises and new innovative companies around the world look for young experts who can manage businesses in a global setting.

Innovations and technology are present in all aspects of modern society. Your studies will focus on different aspects of technological and innovative firms, ranging from start-ups to large multinational companies.

You will be exposed to concepts needed to be effective managers in a wide variety of roles in the company ranging from marketing to product development, project management or human resources.

During your studies, you will develop critical and innovative thinking, a global business perspective, enhanced communication skills, and obtain the technical tools necessary for business decision-making.

Close collaboration with industry ensures the practical real-world application of new knowledge and theories. Already during your studies, you will be actively collaborating with Finnish companies, specialised particularly in high-technology industrial fields. Close contacts with companies during your Master's thesis project will benefit your future career.

This Master's programme has gained ASIIN accreditation.

Intended Learning Outcomes

An understanding of critical and innovative thinking, a global business perspective, enhanced communication skills as well as the technical tools and techniques is necessary for business decision-making.

Having completed your studies, you will possess a wide variety of perspectives on the management of innovations and technology based on the combination of business, engineering, and management.

You will be able to cooperate and solve complex situations in today's networked business world due to diverse study methods and working in teams.

After graduation, you will be able to:

  • Understand and analyse the impact of global mega trends on innovation management in organisations.
  • Evaluate, critically analyse and create strategies within an international context relating to products, services, and technologies.
  • Make rational decisions based on gained understanding of decision-making strategies, frameworks, tools, and data analysis methods in global networks and markets.
  • Analyse processes and structures of organisations and identify their interconnected development issues.
  • Practice, plan and manage the build-up of product and service systems and business platforms for creating tangible and intangible solutions for techno-economic problems.
  • Plan and manage the international business from start-ups to multinational enterprises with an entrepreneurial and innovative mindset.
  • Apply innovation and technology management theories, methods and tools for practical management activities.
  • Work and lead efficiently in cross-cultural and inter-disciplinary collaborative teams and projects, and communicate in a logical and convincing way both orally and in writing.

Degree structure and studies

The Master's Programme in Global Management of Innovation and Technology is a two-year programme. It leads to the degree of Master of Science in Technology, M.Sc. (Tech.), which is 120 ECTS credits.

The programme includes core studies, specialisation studies, and minor studies.

Core studies (38 ECTS credits) include courses on strategic technology and innovation management, project management, research methodologies, and product development.

Specialisation studies (58 ECTS credits) include studies on creative design and problem solving, open innovations, international business networks, and systems dynamics in industrial management.

Minor studies (24 ECTS credits) can be selected from other LUT minor subjects in technology.

The Master's thesis and seminar, 30 ECTS credits, is a part of specialisation studies. The thesis is an advanced research project, which requires approximately six months of full-time work. It is completed during the fourth semester of the degree programme.

Double degree studies for LUT degree students

GMIT offers students also a possibility for double degree studies.

Students admitted to complete the Master's degree in the GMIT programme at LUT may apply for the double degree programme organised in cooperation with the Illinois Institute of Technology – IIT (USA). The corresponding programme in IIT is Master of Industrial Technology and Operations (MITO).

LUT selects students through an internal application process. The Admission of LUT students to IIT will be determined by IIT. The applicants have to fulfill all the application criteria presented below:

  • Obtain a minimum of 3.5 GPA (Grade Point Average) on a scale of 5.0 at LUT in their studies.
  • Fulfill the GRE score requirements set by IIT
  • Have English language skills equivalent to IELTS score 6,5
  • Be a student in good standing at LUT.

Students studying at LUT as double degree students, who are coming from LUT partner universities, are not eligible for GMIT/IIT Double Degree Programme.

The application to the GMIT/MITO programme at LUT (selection of candidate) and at IIT (final selection) takes place during the spring semester.

Double degree studies for students from partner universities

Students from partner universities are able to study as a double degree student at LUT. Students admitted to the double degree programme receive a degree certificate from two universities after they have fulfilled the degree requirements of both universities.

LUT has agreed on educational co-operation with selected partners:

  • Bauman Moscow State Technical University, Russia
  • Kazan Federal University, Russia
  • Moscow State University of Management, Russia
  • Moscow State University of Railway Engineering, Russia
  • Novosibirsk State Technical University, Russia
  • Peter the Great St. Petersburg Polytechnical University, Russia
  • St. Petersburg State Mining University, Russia
  • St. Petersburg State University of Economics, Russia

Career Prospects

After graduation, you will have interesting and challenging career prospects.

Global customer-supplier relationships and business networks demand talented young professionals in the management of innovations and technologies, industrial marketing, sales, supply chain management, and technology sourcing.

Graduates from this programme have found placement as export managers, key account managers, logistics managers, controllers, analysts, business application specialists, operative purchasers, technology innovation managers, etc.

You will also have a firm basis for doctoral studies in the field of industrial management.

How to Apply

You can apply to this Master's programme through either the rolling or the regular admission process:

  • Rolling Admission (1 October 2018−31 May 2019)
  • Regular Admission (3 December 2018−23 January 2019)
This school offers programs in:
  • English
LUT University

Last updated December 4, 2018
Duration & Price
This course is Campus based
Start Date
Start date
Aug. 2019
Duration
Duration
2 years
Full time
Price
Price
10,000 EUR
for Non-EU/EEA students
Information
Deadline
Jan. 23, 2019
(Regular Admission). May 31, 2019 (Rolling Admission).
Locations
Finland - Lappeenranta
Start date : Aug. 2019
Application deadline Jan. 23, 2019
(Regular Admission). May 31, 2019 (Rolling Admission).
End date Request Info
Dates
Aug. 2019
Finland - Lappeenranta
Application deadline Jan. 23, 2019
(Regular Admission). May 31, 2019 (Rolling Admission).
End date Request Info