MSc in Innovation and Technology Management
Vilnius County, Lithuania
DURATION
3 Semesters
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
Sep 2025
TUITION FEES
EUR 4,300 / per semester *
STUDY FORMAT
On-Campus
* per semester.
Introduction
Innovation and Technology Management
It is designed and delivered in cooperation with Illinois Institute of Technology (IIT, USA), Technical University of Denmark (DTU, Denmark), and Nagoya University of Commerce and Business (NUCB, Japan). This program is aimed at working professionals who do not have a degree in management but who would like to pursue the prospects of a career as a manager. We offer you a career transition from a specialist to a manager or wide horizontal expansion of your career in the field of innovations and optionally in industrial technology or information technology.
Program FOCUS
Innovation is one of the most important engines of today’s economy, and very often it comes from understanding the entire domain and applying a new approach. First of all the program equips you with solid organizational management skills that create a basic understanding of the deeper discipline of innovation management and at the same time provide a powerful network to share insights from many different points of view. The program later focuses on innovation management throughout all its stages and furnishes the tools and understanding essential to assure that innovation can be used to increase the competitiveness of any organization.
STUDY TOUR TO JAPAN
While studying on this program students have the opportunity to choose Innovation and technology management seminar which is an international study tour based module delivered in cooperation with Nagoya University of Commerce and Business (NUCB), that incorporates a 10-day visit to Japan having seminars at NUCB and visiting Toyota, Alpen, and Brother companies. Studying in this program, the best students can go to Japan study tour with 40 percent compensation.
DOUBLE DEGREE OPTION
The double degree is exclusively awarded to students who spend an extra year studying at double degree partner university:
- Illinois Institute of Technology
By choosing this double degree option, the first year of study is held at ISM University, the second year of study is at the Illinois Institute of Technology( mode of study is online). Master's thesis is written and defended at ISM University.
Admissions
Curriculum
Semester 1
What Will I Learn?
- You will will gain an understanding of the business environment, learn about how people and innovation interact, how to address human resource issues unconventionally to create an innovative organization
- You will delve into the principles of business strategy development and management, and manage businesses in a competitive environment
- You will continue to lay a solid foundation in corporate finance, investment and financial decision-making
- You will delve into the intricacies of evolving new technologies, artificial intelligence and their application
- You will analyze the organizational capability to innovate and provide recommendations from an AI perspective
Courses
- New Product Development (GRAI014)
- Innovation Project Management (GRAI024)
- Business Finance (GRAI009)
- People, Organization and Innovation (GRAI020)
- Artificial Intelligence Principals and Applications (GRAI019)
Semester 2
What Will I Learn?
- You will seek expertise in strategically managing innovation projects and increasing the maturity of project management
- You will delve into how to improve and innovate business operations and processes, immerse yourself in the subtleties of developing new products and get acquainted with their development methodologies
- You will combine and apply the knowledge gained during your studies to learn to manage innovation and technology
- You will focus on developing data analytics skills and research methodology
Courses
- Business Design and Sustainability (GRAI025)
- Research Project in Innovation and Technology Management (GRAI023)
- Technology and Innovation Management (GRAI022)
- Process Innovation Management (GRAI021)
- Business Strategy (GRAI012)
Semester 3
What Will I Learn?
With the help of experts and a master's thesis supervisor, you will integrate the knowledge and skills you have already acquired by conducting a scientific study and contributing its results to the knowledge base within your field of research
Courses
Gallery
Program Outcome
In What Areas Will I Gain Expertise After Completing This Programme?
- You will gain the skills needed to manage projects and processes
- You will be able to develop and implement sustainability strategies
- You will strengthen your team leadership skills
- You will gain the knowledge needed to implement innovative technological solutions in organizations
Scholarships and Funding
- LPIT tax relief: Get back up to 20% of the tuition fee paid
- For employees of patron companies: 15% discount for studies
- A state-sponsored student loan: Loan on preferential terms - pay for studies only after graduation
- For ISM alumni: 30% discount for studies
- ISM Scholarship: up to 50% discount for studies
- Discount for foreigners who have spent a semester at ISM: 25% discount for studies
- State scholarship from the Educational Ecxhange Support Fund: Learn more about this scholarship here.