The recent global crisis and digital transformation have challenged businesses all over the world and opened the need for professionals with unique multidisciplinary skills, adaptability, open-mindedness and the ability to manage business innovatively, digitally and sustainably.
The Master’s Program in Innovation and Logistics is specifically designed to address the economic challenges and global digital transformation to prepare students for leading management positions in innovation, logistics and entrepreneurship.
The program employs experiential learning and integrates the best theoretical academic approaches to teaching with real business challenges provided by global and local industrial companies. In your studies, you will combine business, industrial management and engineering and will apply your knowledge directly to corporate challenges. In this unique Master’s program, you will gain a solid background in logistics and innovation management, quantitative and qualitative analytical skills, practical problem-solving techniques, and abilities to identify and solve complex challenges in today’s networked business world.
In this program, you will develop your competencies in business decision-making for innovation and logistics, creative and innovative thinking, and collaboration and networking skills. These are what you need to succeed globally and to execute any digital transformations and sustainability strategies in organizations with an entrepreneurial mindset.
The program suits both Bachelor’s graduates and people with work experience. The program applies a hybrid approach – a combination of online and contact teaching. Core and advanced courses will be organized as intensive teaching, individual work, seminars and case studies, but minor studies will follow LUT’s university regular teaching schedule.
The Master’s Program in Innovation and Logistics is a two-year program. It leads to the degree of Master of Science in Technology, M.Sc. (Tech.), which is 120 ECTS credits.
The program includes core, advanced specialization, minor and elective studies as well as a Master’s thesis.
The program includes compulsory studies in both innovation and logistics, but during specialization studies, students can choose more advanced courses to get deeper knowledge of one of the disciplines.
The core (compulsory) and advanced specialization studies, 66 ECTS credits, include blocks of introductory courses, innovation management (core and advanced), logistics management (core and advanced), analytics (quantitative and qualitative research methods) and additional professional courses (strategic entrepreneurship, industrial project management, digitalization, sustainability, leadership, scientific writing). Industrial challenges and experiential learning are integrated into most of the core and advanced courses.
Examples of courses in advanced specialization studies: technology commercialization and venturing, supply chain risk management, open innovation and ecosystems, responsible innovation, system dynamics modelling for industrial management, sustainability and responsibility, simulation and system dynamics, digital entrepreneurship, value and risk management, analytics in logistics and innovation, and product and process marketing.
Minor studies, 24 ECTS credits, can be selected from other LUT programs in technology, e.g. sustainable energy, environmental responsibility, software engineering, circular economy, advanced material, engineering, mechanical engineering, chemical and process engineering.
Elective studies are the courses that students can choose from any other discipline at LUT to complete their degree.
The Master’s thesis, 30 ECTS credits, is an advanced research project during the program’s fourth semester. The Master’s thesis requires approximately six months of full-time work and includes a thesis seminar.
Become a digital innovator ready to tackle business challenges by infusing businesses with creative methodologies and decision-making.
Earning your degree in innovation and logistics gives you many interesting employment options and challenging career prospects. Global supplier–customer relationships and business networks create various opportunities for talented young professionals in the fields of management of innovations and technologies, industrial sales and marketing, operations management, and technology analysis and sourcing.
After graduation, you can work as:
- a head of a logistics or innovation unit
- an expert in international innovation and logistics
- an export manager
- a project manager
- a technology and innovation manager
- an entrepreneur and business owner
- a researcher and analyst in academia or business
- a supply manager and operative purchaser etc.
In addition, you will also have a solid basis for doctoral studies in industrial engineering and management.