Degree
Master of Science in Technology
Study field
Technology
School
LUT School of Engineering Science
Credits
120 ECTS credits
Duration
2 years
Language
English
Form of study
Contact teaching
Location
Lappeenranta
When to apply
Regular admission
1 December 2022–18 January 2023
Rolling admission
1 November 2022–15 May 2023
Tuition fee
EUR 13 500/academic year (non EU/EEA students). Early bird ans scholarships available.
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ASIIN acredited degree program
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EUR-ACE® and ASIIN are quality labels for engineering degree programmes at the Bachelor and Master level. The first time the programmes were accredited in 2011 and the re-accreditation took place in 2017.

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We are currently facing a number of global crises ranging from climate change to the prolonged pandemic. These crises are forcing organisations to renew their activities, seek novel solutions and think outside the box. Trends and crises such as COVID-19 have challenged companies but also triggered them to search for new opportunities in their business ecosystems.

In such circumstances, the management of innovation and new technologies is more important than ever. We have already seen impressive results when organisations have made joint efforts to develop new vaccines, touchless solutions or ways to deliver food.

To prepare for the future, both large multinational enterprises and small new start-ups around the world are continuously looking for talented graduates who are capable of systemic thinking, who have an innovative and international mindset, and who understand how to manage innovations and new technologies effectively. 

The slogan of this programme,"Build your own future", means that your studies will include both breadth and depth. You will need a broad managerial understanding of various systems within an organisation and their development, renewal and innovation. At the same time, you will be able to focus on specific sectors and select technical studies, electives and projects based on your own background, needs and future visions.

During your studies, you will be exposed to concepts that you will need as an effective manager, ranging from inventive design to strategic product and technology development, systems modelling or open collaborative innovation. Briefly, you will become familiar with the whole process from ideas to innovations to business value.

More importantly, applying theories and frameworks to real practical projects is an essential step in the learning process. Close collaboration with industrial firms will ensure the practical real-world application of new knowledge and theories. The connection with companies during the course projects, seminar assignments or your Master's thesis will be an asset for your future career.
 

Study objectives

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This programme will introduce a wide variety of perspectives on the management of innovations and technology based on the combination of business, engineering and management.

The programme's diverse study methods and work in international teams will enable you to cooperate and solve complex situations in today's business ecosystems.

During your studies, you will acquire:

  • professional skills: you will be able to understand and analyse the impact of global megatrends on innovation management in organisations and evaluate, critically analyse and create strategies in an international context relating to products, services and technologies;
     
  • competence to make rational decisions based on an understanding of decision-making strategies, frameworks, tools and data analysis methods in global networks and markets. You will be able to analyse processes and structures of organisations and identify their interconnected development issues;
     
  • multicultural teamwork skills to work and lead efficiently in cross-cultural and inter-disciplinary teams and projects and communicate in a logical and convincing way both orally and in writing;
     
  • a professional network of other students, scholars, experts in different fields, and company representatives in your projects and assignments.

Degree structure and studies

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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, advanced specialisation, minor and elective studies as well as a Master's thesis.

Double degree study opportunity for LUT degree students

The programme also offers a possibility for double degree studies. Students admitted to the Master's Programme in Global Management of Innovation and Technology at LUT may apply to the double degree programme organised in cooperation with the following programme's partner universities:Eindhoven University of Technology (the Netherlands), and Illinois Institute of Technology (USA).

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Career prospects

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

Global supplier–customer relationships and business networks give talented young professionals various opportunities in the fields of management of innovations and technologies, industrial sales and marketing, operations management, and technology analysis and sourcing.
 

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Graduates from this programme have found jobs as project managers, export managers, key account managers, supply 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 engineering and management.
 

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