MAKE IT DIFFERENT

Thinking outside the box is critical for organisational competitiveness and survival. This has created a need for a new type of business professional with an understanding of how innovation, change and renewal are initiated and achieved in organisations.

The Master’s Degree Programme in Innovation Management provides students with expertise in initiating and leading change in enterprises and other organisations. Students will learn how to manage projects and processes around product and service design, human resources, strategy and in sales, marketing and customer care.

Students learn to identify opportunities for renewal, to apply the right methods and tools for innovation and change and to implement challenging development projects within specific areas of business. Students will also improve their communication and co-operation competence as well as information-seeking, analytical and problem-solving skills. They will acquire the confidence to take initiative, make decisions and carry things through in a responsible manner. They will also learn to assess the outcomes of innovation and change initiatives.

Intake: 15 students

Application period: 1 Nowember 2017 - 31 January 2018

WHAT IS MDP IN INNOVATION MANAGMENT MADE OF?

The two-year Innovation Management studies is designed to give students the skills to initiate and lead innovation and renewal in companies, start-ups, family businesses, and large organizations. Through hands-on projects, close collaboration with companies, and working with case studies, the students learn to combine analytical and creative thinking in leading innovation. Our highly qualified faculty utilize the latest research and pedagogical knowledge in creating an interactive and supportive learning environment.  With a personalized learning plan, each student builds a personal competence portfolio for pursuing a management or a specialist career in business. The Curriculum also provides skills to operate in an academic field.

Major in Innovation Management programme is concerned with the renewal of business and organisations. The key issue is the creation of new modes of action, processes, products and services – innovations. Innovations determine the competitiveness of a company, hence the need for innovators in working life. The secret of success for every enterprise and individual is the ability for renewal.

Innovation Management will teach you to identify opportunities for renewal, to apply the right methods and tools for renewal work and to accomplish challenging renewal and development projects. Being innovative entails both the ability to question prevailing practices and to create new ones. You will learn to lead, plan and implement development and renewal projects connected to organizing, strategy, personnel resources, sales and customer care.

CAREER PROSPECTS

As a specialist in innovation management the graduate will have a wide range of career prospects depending on one's own particular interest. Graduates will find opportunities in various types of organisations: from small enterprises to the business units of multinational companies and public-sector organisations.

Graduates will have excellent prospects for placements as business experts, change consultants, managers and entrepreneurs. Students specialising in innovation management typically begin their careers as team leaders, project leaders, experts and consultants, moving on to line manager and managerial positions. Many of our graduates start their own businesses or take a position in family enterprises.

WHO CAN APPLY, AND HOW?

At least a 3-year Bachelor’s degree from a recognised university or a recognised university of applied sciences/polytechnic. A minimum of 60 ECTS in business studies is required. Language, communication and research method studies are not included in the above mentioned studies. However, one course in economics and one course in logistics may be included in the above mentioned studies. The degree must be completed by the end of the application period. Find out more at http://www.uef.fi/web/mdp-innovation-management/admissions

WHAT DOES IT COST?

Starting from 2017 onward, an annual tuition fee in the Master's Degree Programme in Innovation Management for non-EU/EEA students of 8.000 euros will be applied. The tuition fee will remain the same for students throughout the entire time of their degrees. Scholarships are available to a maximum of 50% of the admitted students who are required to pay tuition.

The tuition fee covers the studies included in the degree (personal study plan), studies-related supervision and counselling, and studies-related supporting services offered by the university. In addition, students are entitled to the services of the Finnish Student Health Service by paying the membership fee of the Student Union. By paying the Student Union membership fee, students are also entitled to university sports services (Sykettä). The university assists students in finding accommodation.

The University of Eastern Finland’s Business School has a scholarship programme for non-EU/EEA students. The scholarship covers a full 100% or a maximum of 80% of the tuition fee and is awarded only as a fee reduction/waiver of the tuition fee. It does not cover the living costs, accommodation, study material etc. during one’s studies.