MSc Management and Economics of Innovation
4.0 /5
- Private University
Department of Technology Management and Economics
Talk to ExpertMSc Management and Economics of Innovation at Chalmers University Overview
MSc Management and Economics of Innovation
at Chalmers University
Chalmers University of Technology offers MSc Management and Economics of Innovation course at PG level. Offered for a duration of 2 years, it is among the top-ranked courses offered by the university. Indian students are required to submit scores of exams such as IELTS, TOEFL and PTE to be eligible to get selected for the course. Additionally, Indian students also have to provide all the necessary documents as part of the admission process. The Chalmers University of Technology tuition fee for MSc Management and Economics of Innovation is SEK 160,000 for first year. Along with tuition fees, the students are also required to manage livings expenses.
Duration | 2 years |
Tuition & Fees | ₹15.25 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
MSc Management and Economics of Innovation
Table of contents
MSc Management and Economics of Innovation at Chalmers University Fees
MSc Management and Economics of Innovation
at Chalmers University
Students are required to pay the first-year tuition fee as per the Chalmers University of Technology MSc Management and Economics of Innovation fee structure. In addition to tuition costs students should budget for
- housing
- food
- other utilities
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 15,24,800 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Transportation | INR 90,916 |
| Telephone/internet | INR 45,744 |
Calculated at the exchange rate of 1 SEK = INR 9.53 | Tuition & expenses were last updated on 17ᵗʰ October 2024Download exam sample paper
IELTS
IELTS
TOEFL
PTE
MSc Management and Economics of Innovation at Chalmers University Entry Requirements
MSc Management and Economics of Innovation
at Chalmers University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- No specific cutoff mentioned
- Read less
- Applicants must either have a Bachelor's degree in Science/Engineering/Technology/Architecture or be enrolled in his/her last year of studies leading to such a degree
- Specific Requirement:Bachelor’s degree (or equivalent) with a major in: Industrial Engineering and Management or another major in Science, Engineering or Technology.
Note: A Bachelor's degree in Business Administration (BBA or B.B.A.) or Economics does not fulfil the requirement
-
Prerequisites: Mathematics (at least 30 cr. including Mathematical Statistics at least 7,5 cr.) and studies in one or several of the following subjects: Organization theory, Project Management, Management, Innovation Management, Business Administration and/or Economics, History of Technology (at least 15 cr.)
-
Preferable course experience: Linear Algebra, Single Variable Analysis and Multivariable Analysis
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GPA
Percentage
CGPA
Out of 10
TOEFL
- Marks - 90/120
- minimum of 20 on the written part
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Convert your CGPA to GPA
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GPA
Percentage
CGPA
Out of 10
PTE
- Marks - 62/90
- minimum of 61 on the written part
IELTS
- Marks - 6.5/9
- no part of the test below 5.5
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
Other eligibility criteria
Elp Waiver:
- Students from India with a Bachelor's degree (equivalent to a Swedish Kandidatexamen) in Engineering, Computer Science, Computer Applications, Medicine, Pharmacy, Natural Sciences or Technology, unless it's documented that the language of instruction for the programme was a language other than English, meet the English requirement except a Bachelor’s degree in Information Technology will not meet the English requirement
Documents Required
- Certificates and diplomas from university studies
- Transcripts of completed courses and grades for each semester included in the degree
- Proof of ELP scores
- Relevant pages of passport (or other valid ID)
- Project Portfolio (only for Architecture and Urban Design, Design for Sustainable Development and Industrial Design Engineering)
- Letter of recommendation (optional)
- Letter of motivation is optional, not exceeding 1 page
- State the reason for choosing specific Master’s programme, and also the reason for choosing the Chalmers University
- Explain the connection between the current study and the choice of the program at Chalmers
- How does applicant's interests and skills will contribute to their personality as master's student
- Upon completion, what are the hopes for future career and society where they will practice their profession
- He/she may also outline a thesis proposal based on interests
- Certificates of relevant work exp. or other professional certificates, if any
- Certificate of CGPA
- CV is required outlining the applicant's educational and professional history up till the present date, as well as basic personal facts
- It should provide information about their academic background as well as relevant work experience, computer literacy, language skills and possible publications
- It should also list important academic and personal achievements, your degrees, awards, special knowledge and active membership in different organizations
- In addition, CV should also contain contact information to the applicant's references, where one preferably should be an academic contact, and the other with good knowledge of the applicant's person from the working life or an organization
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MSc Management and Economics of Innovation at Chalmers University Rankings
MSc Management and Economics of Innovation
at Chalmers University
University Ranking
| Rank | Rank Publisher |
|---|---|
| #78 | |
| #201 | |
| #301 |
MSc Management and Economics of Innovation at Chalmers University Placements
MSc Management and Economics of Innovation
at Chalmers University
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes |
Chalmers University of TechnologyStudents Ratings & Reviews
4/5
6 Verified ReviewsStudent Views (Based on Reviews)
- 17% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Multi-dimensional
Friendly
Easy going
Internships3.5
Part time work2.5
Post study jobs3
Quality of faculty5
Student Life5
Value for money4.3
Public transportation4.8
Safety4.7
Indian Food3.7
Permanent Immigration3.5
A
Anonymous
MSc Mobility Engineering - Batch of 2024
Offered by Chalmers University of Technology
4.1
Study paradise but job hunting nightmare.
Tips: I would say only people who know exactly what they want to study to improve their already existing knowledge should choose Chalmers. Not all courses are intensive. The courses are intended for you to be industry ready. Only a few Master's programs have theoretically intensive courses, but they are very much needed. I definitely grew a lot as a person. I had an absolutely amazing time attending lectures, which was not always the case in India during my bachelor's. I never missed any classes, even if there was a snowstorm outside. I would recommend mostly students who have worked 1-2 years in industry and have knowledge of what they would like to learn more about. This helps them get a better understanding overall during Master's and also will be job ready at the end of 2 years. If someone has just finished a bachelor's and wants to come, then I would rather ask them to try to make as many industry connections during the 2 years as possible. It is very difficult for them to find jobs.
Likes (Indian Food): Many good Indian restaurants, and I would rather cook myself and with my friends. There are multicultural restaurants in the city of Gothenburg. But it will be expensive. It is always good to have one or two meals outside in a month, but not more than that.
Dislikes (Post study jobs): I have had a great experience at the university with excellent faculty and study programs. I thoroughly enjoyed studying as someone who was really interested in Electric vehicles and how they are built. But due to the current bad situation in the job market with the automotive industry struggling to even keep their regular coffee machines, they do not want to hire fresh graduates as they think of them as a liability rather than an asset at the moment. Hopefully, it'll be better by 2027-2028. Most of the jobs offered are Test engineering jobs or verification engineering jobs. These are taken by more experienced engineers naturally. If lucky, you can get graduate engineering roles in some companies like Volvo, Sandvik, etc. But that is rare and more difficult. You could be the best of the lot, but still, they wouldn't select you, because they want to fill their diversity quotas.
Total Monthly ExpenseSEK 9000
Prepping time for classes30 hours/Week
Expected Annual SalarySEK 150000
A
Anonymous
MSc Mobility Engineering - Batch of 2024
Offered by Chalmers University of Technology
4.3
Outstanding for learning future tech, industry exposure and very friendly professors.
Tips: The university is really good for learning and getting a taste of trending technology. Focus towards making connections with professors and industry people, who will help in understanding the job market after graduation. The university also has a very happening life, with student parties every month, trips to beautiful cities and a chance to see the northern light, a very sustainable approach to everything and a very friendly environment. Things can get challenging after graduation, as the college is not responsible for placing you; the student will have to make extra efforts by reaching out to recruiters on LinkedIn, attending job fairs, etc. To secure a job, most of the Swedes speak good English but learning Swedish is highly recommended to increase your chances of getting a job and better integrate with the natives.
Likes (Value for money): The teaching and the facilities in the university are excellent. They partner with the leading companies to make the projects and learning of students very industry ready. The professors are very friendly. You can also clear your doubts with them. Most of the projects are based on current and upcoming technologies, so this makes the student future ready. The campus also hosts a lot of fun events every week, including painting, dancing and personal development sessions but of course, they are paid. All departments also have their own well-equipped study rooms, party clubs and cafes, which let the student balance their academics with chill out sessions. The city is excellently planned, very clean and beautiful and it's mostly less crowded and well maintained.
Dislikes (Part time work): The number of part time jobs on campus was low at the time of my study. The Swedish language is a must to get a part time job. In winters, the weather gets very harsh with temperatures even dropping below -15 deg C, so delivery jobs are very tough. Also, during winters, the icing on the roads makes it very difficult for students working as delivery agents to commute or control their vehicles.
Total Monthly ExpenseSEK 9725
Prepping time for classes24 hours/Week
Expected Annual SalarySEK 48200
S
Sagar Rajappa
MSc Structural Engineering and Building Technology - Batch of 2020
Offered by Chalmers University of Technology
4.1
The university provides valuable real-world insights into building design and sustainability.
Tips: Try to understand their interest and plan for what comes after completing the course. There is plenty of competition limited job opportunity and you need to wait for a longer period and the salary is decent. Having some experience before heading for education helps them get a job early.
Total Monthly ExpenseSEK 1025
Prepping time for classes30 hours/Week
Expected Annual SalarySEK 25000
A
Anonymous
MSc Complex Adaptive Systems - Batch of 2024
Offered by Chalmers University of Technology
4
Great research facilities, excellent faculties, and a beautiful city.
Tips: Come with an open mindset to learn the courses you want to master. Only opt if you either get a scholarship or have enough money saved to manage financially post-studies. Get some work experience in your country before thinking of a Master as it will help you understand what you wanna specialize in and it will also help you land a job easily. People thinking of opting Master's abroad paying a high tuition fee and with no experience taking up a generalised course will find it hard to land a job considering the market. Being wise is very important before making the choice of your career.
Likes (Safety): Public transportation is available round the clock. No signs of sketchy activities were observed in and around the campus area. Mugging is something that never happens in central areas. Traveling alone would not be scary for new people at any odd time.
Dislikes (Post study jobs): The job market is getting niche in Europe now especially in Scandinavian countries. The courses are more specific and research-oriented. Also their immigration laws and work visa regulations have become stringent to cater local workforce properly.
Total Monthly ExpenseSEK 7500
Prepping time for classes30 hours/Week
Expected Annual SalarySEK 37000
A
Anonymous
MSc Supply Chain Management - Batch of 2024
Offered by Chalmers University of Technology
3.9
The university conducts fun, recreational and educational fairs, for students to socialize.
Tips: Before joining, students should be aware of the course syllabus and the prerequisites. Prepare mentally to accustom to the weather conditions. The university was fun, and it was a great decision to come here and study and explore. Every sessions were practical and engaging and the staffs were also super- friendly. The university conducts recreational fairs, educational fairs, and fun events. And the university also gives students plenty of time and breaks before their exams start. Assignments are done in groups, which allows us to interact with people from all over the world. This also exposes students to a wider range of options. Overall, I am highly satisfied with the course, country and the university.
Dislikes (Indian Food): Most of the restaurants in this town are Western style. You can find some Indian places, but the price isn't worth it. After tasting the food here, you'll probably miss what you're used to eating back home. But the restaurants are definitely a big plus. Grocery stores have everything that you need from back home.
Total Monthly ExpenseSEK 5450
Prepping time for classes32 hours/Week
Expected Annual SalarySEK 79700
View All 6 Reviews
MSc Management and Economics of Innovation at Chalmers University Highlights
MSc Management and Economics of Innovation
at Chalmers University
- This program focuses on how and why companies innovate to compete and how companies can reap financial returns from their investments in innovation
- The subjects of engineering economics, entrepreneurship and industrial management?are fundamental areas in the Management and economics of innovation?master's program
- The courses included in the programme?plan handle topics such as business management and technology, strategic management, engineering economics, and innovation systems
MSc Management and Economics of Innovation at Chalmers University Scholarships
MSc Management and Economics of Innovation
at Chalmers University
Scholarship information is not available. You can apply to non-college specific scholarships available for
Sweden.
View all 34 scholarships
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Tasneem Hoda is a Content Creator and Writer working for Shiksha.com. Her role includes developing and maintaining web pages for international universities at the Shiksha Study Abroad Portal, ensuring accuracy, completeness, and alignment with instit...Read Full Bio
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MSc Management and Economics of Innovation
at Chalmers University