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FAQ (Frequently Asked Questions)

Industrial companies face new types of challenges in the global knowledge economy. This M.Sc. in Innovation and Industrial Management prepares ambitious students from different undergraduate degrees for future jobs. Our educational experience combines hands-on cases and study visits, together with insights from leading edge research and applied techniques.

The modern economy differs from the past. In order to stay competitiveness, industrial companies must balance efficiency and cost reduction against the need for innovations in new products and services. To do so, modern industrial managers must have insight into financial processes as well as technical and knowledge processes related to products and production.

The M.Sc. in Innovation and Industrial Management places the large corporations in relation to other actors within the economy. The vertically integrated large companies and multinational enterprises are doing less in-house, such as less research and development and production. Instead, the firms are relying more upon complex knowledge network linkages, especially to knowledge-intensive entrepreneurial firms, users, universities, and public policy. Hence, many management issues involve processes outside the firm per se. Examples include risk management, technical uncertainty, intrapreneurship, government regulation, and relationships to suppliers.

Career opportunities are broad. This arises from the specific focus of this M.Sc. on working in complex organizational structures, often involving high levels of risk and uncertainty as well as mundane tasks. Career opportunities are in areas such as purchasing and control, patent engineers, R&D managers, financial jobs, risk capital, amongst others. Many top and middle management positions are within reach after completion, because companies need talented knowledge workers, whom can cross these boundaries of engineering – natural science – medicine with economics – business – law.

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