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Innovation and Technology Management at the University of Management and Economics is a comprehensive program designed to equip students with the knowledge and skills necessary to lead and manage technological innovation in various organizational settings. The curriculum integrates core principles of management, engineering, and entrepreneurship, fostering an interdisciplinary approach to solving complex problems in the rapidly evolving technological landscape. Students will explore topics such as innovation processes, technology transfer, R&D management, strategic planning, and digital transformation, gaining a deep understanding of how to create, develop, and successfully implement innovative ideas within organizations. The program emphasizes practical skills through case studies, project work, and collaboration with industry partners, ensuring graduates are well-prepared to adapt to the dynamic demands of modern businesses. Participants will also have opportunities to develop their entrepreneurial mindset, learn about intellectual property management, and engage in cutting-edge research. Upon completion, graduates will be equipped to assume managerial roles in technology-driven industries, contribute to organizational growth through innovation initiatives, and support sustainable development by leveraging emerging technologies. This program is ideal for individuals passionate about shaping the future of technology and management, aiming to become innovative leaders and strategic thinkers in a competitive global environment.
I Semester (Fall):
Portfolio, Program and Project Management
Research in Innovation
Business Finance
Business and Marketing Strategy
Organizational Behaviour and HR Management
II Semester (Spring):
Design Management
Innovation Management
Technology Entrepreneurship
Microeconomics of Competitiveness
Technology Transfer and Intellectual Property
The key objective of ISM Graduate Studies is to equip students with innovative decision-making tools and strengthen their ability to identify, reflect upon, and respond to new challenges in management, finance, and economics that modern organizations are facing today.
Admission criteria
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Coefficient |
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Motivation interview;
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3,5 | |||
Upper Intermediate or higher level of English skills Qualifying results: ISM test
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2,0 | |||
Weighted average of all marks listed in the university education diploma supplement (including the mark for the final thesis and/or final examination).
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2,5 | |||
Evaluation of an essay
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1,5 | |||
Participation in academic activities (conferences, publication of articles.)
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0,5 | |||
Additional points: certificate for ISM lecturesfor students.
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0,5 |
Eligibility |
University education in any subject (sub-)area. At least 18 ECTS credits in subjects of the field of management/economics (see Annex 1 for the list of recommended subjects). Only for International Marketing and Management / Financial Economics programmes. |
ISM Scholarships for International Applicants ISM Scholarships are awarded to the international applicants to cover tuition fee (30-100%).
The ISM Scholarships are merit based and are extended automatically every semester upon the condition that the scholarship holder has passed all the courses, has no penalties (as defined in Regulations of Graduate Studies) and has CGPA 8 or more.
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State scholarships for International students: A monthly scholarship and scholarship and benefit to cover the study price is offered for the nationals of Belarus Republic, Republic of Georgia, Republic of Moldova, Republic of Ukraine, and foreign citizens of Lithuanian descent (15 grants altogether); A monthly scholarship is offered for the nationals of the Republic of Armenia, Republic of Azerbaijan, Republic of Kazakhstan, Republic of Uzbekistan and People's Republic of China (12 grants altogether). |
Innovation and Technology Management program at the University of Management and Economics is designed to prepare students for the dynamic and rapidly evolving landscape of modern industries. This program combines theoretical knowledge with practical skills to equip graduates with the ability to develop, implement, and manage innovative solutions within various organizational contexts. The curriculum covers a wide range of topics including the fundamentals of innovation management, technology development, strategic decision-making, entrepreneurship, and digital transformation. Students are also introduced to emerging trends in technology, such as artificial intelligence, blockchain, and data analytics, ensuring that they stay at the forefront of technological advancements.
The program emphasizes the importance of fostering creativity and entrepreneurial thinking, encouraging students to identify opportunities for innovation and to develop viable business models. Practical components of the program include case studies, project work, internships, and collaboration with industry partners, which all aim to bridge the gap between academic theories and real-world applications. The faculty comprises experienced professionals and researchers who bring a wealth of knowledge from various industries to provide students with insights into current challenges and future opportunities in innovation and technology management.
Graduates of this program are prepared for careers in a variety of sectors such as technology firms, startups, consulting agencies, and large multinational corporations seeking expertise in managing technological change and fostering innovation. They are equipped with critical thinking, problem-solving, leadership, and communication skills necessary for strategic roles that require a deep understanding of both technological processes and business strategy. The program also provides a solid foundation for those interested in further academic pursuits or research in the field of innovation and technology management.
The University of Management and Economics prides itself on its modern facilities, international outlook, and a supportive academic environment that encourages collaboration and the exchange of ideas. The Innovation and Technology Management program is periodically reviewed and updated to reflect the latest industry requirements and academic standards, ensuring that graduates remain competitive in the global labor market. Overall, this program aims to cultivate innovative leaders capable of driving sustainable technological advancements and contributing positively to economic development.