Management of Innovation

Program Description

The University of Toronto’s Management of Innovation program is designed to equip students with the essential skills and knowledge required to lead and manage innovation in today’s dynamic business environment. This interdisciplinary program combines principles of management, entrepreneurship, technology, and strategic thinking to prepare graduates to drive organizational growth and competitiveness through innovative practices. Students will explore a broad range of topics including innovation strategies, product development, technological change, and organizational change management. The curriculum emphasizes experiential learning through case studies, project work, and collaboration with industry partners, providing practical insights into how innovation can be fostered and sustained within various organizational contexts. The program also offers opportunities for students to engage in research and hands-on projects that tackle real-world challenges faced by innovative companies. With a strong focus on entrepreneurship and leadership, students will develop critical thinking, problem-solving, and communication skills necessary to succeed in roles such as innovation managers, product developers, startup founders, and corporate strategists. Faculty members are renowned experts in their fields, bringing cutting-edge research and industry experience into the classroom. The program is ideal for individuals aspiring to become catalysts for change within organizations and eager to harness the power of innovation to create value and competitive advantage. Whether students come from business backgrounds or technical disciplines, the program provides a comprehensive foundation in managing the complexities of innovation in diverse sectors. Graduates will be well-prepared to contribute to technological advancements, business model transformation, and organizational agility, supporting their careers in a rapidly evolving global marketplace.

MMI Core Courses

• MMI1010H Prices and Markets
• MMI1020H Introduction to Big Data Analysis
• MMI1030H Marketing Science
• MMI1050H Accounting & Negotiations
• MMI1060H Finance
• MMI1070H Economics of Business Strategy
• MMI1080H Management of Technology
• MMI1090H Technology, Strategy & Policy

Electives

• HAD 5010H    Canada's Health System and Health Policy
• HAD 5741H    Health Law
• HAD 5768H    International Health
• HAD 5735      Commercialization of Health Research
• HAD 5736H    Operations Research: Tools for Quantitative Health Care Desicison
• IRE1610H      Industrial Relations
• APS1001H     Project Management
• APS1011H     Concepts and Application of Authentic Leadership
• APS1013H     Applying Innovation in Engineering
• CSC2527H    The Business of Software
• JPG1407H     Efficient Use of Energy
• JEI1901H      Technology, Society and the Environment
• CHL5411H     International Health
• PLA1503H     Planning and Social Policy
• ENV1001H     Environmental Decision Making
• MIE5561H      Decision Analysis

Required documents for the application:

• Resume/CV
• Letter of intent
• 2 academic letters of references
• Official transcript

Additional requirements for prospective students with a Degree not from North America:

• TOEFL/IELTS score
• GMAT or GRE score (GMAT-MMI code for writing the test: BTD-3X-78)

Detailed information - please be prepared to provide the following:

1. The School of Graduate Studies charges an application fee of $120 at time of application. Your application will not be forwarded to us until paid and all documents have been submitted.

2. The School of Graduate Studies must receive payment for your application by February 28th and all application materials by March 15th, before the MMI Academic Review will review your submission and invite selected applicants for panel interviews.

3. If accepted you will be required to pay a $1500 non-refundable deposit to secure your place in the Program.

4. A one page single spaced application letter outlining why you are interested in the Program and why you think the MMI is a good fit with your future career goals.

5. Resume/CV.

6. Two academic letters of reference. There is no set form for the letters of reference.

7. Applicants must have at least a "B+", UofT equivalent average in order to be considered for the MMI Program.

8. Official transcripts (from each post-secondary institution that you have attended) mailed directly to the Program


Only those applications that we are considering further are invited to an interview. This interview is mandatory for those applicants and we will invite candidates for an interview on skype. Further tests can be required for admission to the program and the information will be circulated in the interview process.

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

Scholarships

International students are also eligible for the program's scholarships and teaching assistantships. In addition, the Government of Canada and other agencies have a number of scholarships available to international students to study in Canada. Examples of these scholarships are:

• Canadian Commonwealth Scholarship
• Government of Canada Awards Program
• International Peace Scholarship Fund for Women (IPS)

These scholarships are administered by the concerned agencies and not by the University of Toronto. Interested students should contact the concerned agencies directly.  

Management of Innovation at the University of Toronto is a graduate program designed to equip students with a comprehensive understanding of the processes involved in managing technological and innovative change within organizations. The program emphasizes the development of strategic and operational skills necessary to lead innovation initiatives, foster entrepreneurial thinking, and navigate the complexities of dynamic market environments. Students gain insights into the principles of innovation management, including the assessment of new opportunities, the management of research and development activities, and the commercialization of technological advancements.

The curriculum integrates core business principles with specialized topics such as product development, innovation strategy, technological entrepreneurship, and project management. It aims to prepare graduates for leadership roles in diverse sectors, including technology, healthcare, finance, and manufacturing. Through a combination of coursework, case studies, and practical projects, students learn how to analyze industry trends, develop innovative solutions, and implement change effectively within organizations. The program emphasizes the importance of cross-disciplinary collaboration, staying abreast of emerging technologies, and understanding the societal and ethical implications of innovation.

Students also have access to a range of resources, including connections with industry partners, seminars, workshops, and networking events, to enhance their professional development. The university’s faculty comprises experienced scholars and industry practitioners who bring real-world perspectives into the classroom. Upon completing the program, graduates are well-equipped to assume roles such as innovation managers, product development leaders, strategic consultants, and entrepreneurs.

This program is suitable for individuals aiming to catalyze innovation within their current organizations or pursue new ventures in the technology-driven economy. It also bridges theoretical knowledge with practical application, ensuring students are prepared to address global challenges and leverage opportunities through innovative solutions. Overall, the Management of Innovation program at the University of Toronto reflects the university’s commitment to interdisciplinary education, research excellence, and fostering leadership in the evolving landscape of innovation management worldwide.