Master of Science in Innovation and Industrial Management
Summary
The master’s programme in Innovation and Industrial Management equips you for a future as a potential manager in organizations operating in an increasingly uncertain and complex world, with rapidly changing technologies and markets. As a student of the programme, you will get an education with a strong focus on personal and professional development, engage in close interaction with industry, and have ample opportunities for exchange studies.
About
The master’s programme in Innovation and Industrial Management focuses on how to manage organizations in an increasingly uncertain world, with rapidly changing technologies and markets. Modern companies face complex industrial challenges, particularly in adapting to technological, financial, regulatory, and consumer changes that affect their future profitability and competitiveness. These challenges require organizations to analyse both the internal- and external-to-the-firm processes with relation to innovation, industrial dynamics, markets, and investments. Ignoring renewal and innovation poses long-term threats to the survival of every organization.
Equipping you for the future
Our programme prepares you for a future career as a potential manager in the modern organization – for which innovating is not an option but a necessity. The courses, projects, and thesis work focus on providing you with the right theories, methods, and tools to analyze both theoretical and practical problems, and to design effective solutions for these problems. All organizations must find the balance between efficiency and innovation, and between short-term profitability and long-term development. As a student of the programme, you will develop the skills and insight to overcome these challenges and understand this balance.
Engaging education and close interaction with industry
We provide a highly engaging educational setting in our programme, which includes a range of teaching methods and a mix of individual and group work, along with a pronounced focus on personal and professional development of the student. In several of our courses, we address not only academic but also practical management problems, for example through many types of real business cases. The programme also includes close interaction with the innovation ecosystem in a variety of industries, ranging from guest lectures to group projects, where you will work with and solve practical problems for firms.
International environment
The programme’s international atmosphere allows you to experience other cultures, improve your communication skills, and build a global network of friends. This programme also gives you a unique opportunity to apply for a scholarship which enables you to conduct parts of your master’s thesis abroad. As a student of the master’s programme in Innovation and Industrial Management, you will have several opportunities to go abroad for parts of your studies through exchange agreements and through a double degree agreement, which will be further explained in the Exchange opportunities information.
How to apply?
Here is a step-by-step guide on how to apply for MSc Innovation and Industrial Management.
Programme structure and content
The master’s programme in Innovation and Industrial Management is centred around a set of mandatory core courses, covering topics such as innovation, strategy, and industrial management. In addition, you will have the opportunity to tailor your education to your particular interests by choosing elective courses, for example within entrepreneurship, project management, or sustainability. The programme concludes with writing a master’s thesis, which is conducted individually or in pairs. The thesis project can be done in collaboration with an external partner, such as a company. During your studies, you also have the possibility of applying for exchange studies at one of the School’s partner universities.
Who should apply?
• Are you interested in technological and societal change and innovation?
• Do you want the opportunity to interact and work with industry during your studies?
• Are you intrigued by rapidly changing technologies and markets and want the skills to help guide organizations through an increasingly uncertain and complex world?
If so, then you should apply for the master’s programme in Innovation and Industrial Management.
Prerequisites and selection
Entry requirements
*New updated entry requirements as of autumn 2025.*
**General Entrance Requirements**
A Bachelor's degree (equivalent to a Swedish kandidatexamen) from an internationally recognized university?and English 6/English B from Swedish upper secondary school or the equivalent level of an internationally recognized test.
**Programme Specific Entrance Requirements**
- A minimum of 15 credits of courses in subject areas related to business, economics, industrial management, innovation and entrepreneurship, or 15 credits in a combination of the subject areas.
- A minimum of 15 credits in Statistics or Research Methods, or 15 credits in a combination of both.
The admission requirements listed above apply for admission to the programme. For continued studies within the programme individual courses might have specific requirements, as provided in each course syllabus.
Special instructions for application
More information about Special instructions for application
More information about Special instructions for application
Selection
Applicants who meet the entrance requirements (general and programme specific) are divided into two groups. First, all places are allocated to applicants in group 1. If any places are left they are distributed to applicants in group 2.
Group 1 (prioritized)
Group 1 is applicants with a GMAT score. Applicants are ranked by their GMAT score result. For further information: minimum accepted GMAT score, last day to write test etc.
It is not mandatory to submit a GMAT score, but having a GMAT score that reaches the minimum will give you priority in the admission. Applicants with test results that do not meet the minimum are placed in selection group 2.
Group 2 (secondary)
Group 2 is applicants ranked by number of university credits (ECTS credits). Applicants are ranked by number of credits reported on the last day for application (max. 165 ECTS credits).
If several applicants have the same number of credits the selection of students is made by ballot.
After graduation
Graduates of the programme receive the degree of Master of Science in Innovation and Industrial Management.
Over the years, our graduates have obtained jobs such as:
• management consultant at consultancy firms, such as Accenture
• business developer and product manager at large multinational firms, such as Volvo Group
• innovation developer at Lynk & Co
• internship and account manager at Google
• consultant at public organizations, such as Business Sweden
• business operation coordinator at start-up firms, such as Cellink
More information about after graduation
Facilities
The School of Business, Economics and Law is located at one end of Vasagatan, closest to Haga, and at Viktoriagatan 13. The building at Vasagatan houses the Economics Library, which is several floors high and offers many study places. The building is usually nicknamed "Handels".
More information about facilities
Exchange opportunities
Many of our students choose to go on exchange. By studying abroad, you will be given the opportunity to experience a new academic environment, new culture and gain new experiences and perspectives. We collaborate with a large number of partner universities all over the world. Students are selected based on the available number of places available to study abroad at the School and this process is handled by the International Office
Double Degree programme
Students from the MSc Innovation and Industrial Management have the opportunity to take part in a Double Degree programme at LUISS Guido Carli University, Rome, Italy. A Double Degree Programme means that one year of your two-year master's programme will be spent at the partner university and you will be awarded degrees from both universities.
