Engineers want business enterprise acumen. Current events and market place developments, these types of as the results of the pandemic on supply chains and get the job done daily life, increased competitiveness, consumer demands, and a potent emphasis on local weather problems, have reworked how firms and industries are operate. These persuade engineers to replicate on their exercise.
A various solution is required, 1 that harnesses the electricity of training to prepare engineers outside of the specialized. Today’s engineers will need to know strategy, how to manage folks, and the know-how to navigate firms, industries, and markets. They need to offer remedies that fuse engineering and engineering, getting into account pricing, level of competition, logistics, and organisation of industries. Similarly critical is the expertise in economic and economic analysis, as properly as entrepreneurship and innovation.
In August 2021, Blekinge Institute of Engineering launched a master’s programme that fills this expertise and ability gap: the Master’s Programme in Industrial Economics and Administration (MIEM).
“Why MIEM? We provide this programme for the reason that we see a require in the market for engineers and specialists with knowledge in industrial economics and administration,” shares programme supervisor Eva Lövstål. “This relates to organisations in the community sector as properly as private businesses.”
Spanning two decades, the English-language programme will arm college students with analytical and practical skills. The previous delivers, for case in point, an comprehension to how systems are shaping the enterprise setting, this kind of as the mother nature of competitiveness and the way in which marketplaces arise and rework. The latter will increase the capacity to establish business methods and productive management techniques. In the end, it is designed to enhance and create on prior skills within a specialized field of review (excluding industrial economics and management). It aims to broaden a student’s complex education as well as utilising the student’s technological competence in a small business and administration context.
As for the content material, it has a broad protection.
“In the programme, there are many courses that focus on marketplace traits, trends and their impact on industries, providers and organisations,” shares Lövstål. “It also features classes that tackle places significant to functioning a organization or organisation, and for establishing improvements.” The programme focuses specifically on applied expertise — this kind of as investment evaluation, figures, creation economics — that can be utilized to clear up advanced challenges in business enterprise.
All through the 3rd semester, you can pick out from two specialised tracks: “Competition, production, and money analysis” or “Marketing analysis, entrepreneurship and tactic.” As an option, you can go overseas and examine in just one of BTH’s husband or wife universities. In the fourth and ultimate semester, you will commit your time to a master’s thesis.
Classes take many types. Anticipate to go to lectures, contribute in seminars, acquire component in workshops, as effectively as carry out theoretical and functional workouts that are done either separately or in a group. In genuine BTH design, college students will work in smaller groups, with shut make contact with among the friends and faculty users.
The end result? Graduates with superior know-how of present-day company problems similar to globalisation, digitalisation, innovation and entrepreneurship. Each and every possesses a toolkit of skills in market place and financial investment investigation, company procedures, econometrics, task administration, as properly as investigation procedures and layout. Each and every is armed with a repository of insights in latest exploration and developments in specified sub-spots of industrial economics and management. All boast an superior potential to current and examine scientific perform. As a BTH graduate, they will stand out for their distinct focus on the digitalisation of society and sustainability as well.
That’s not all. Other expertise gained here involve analytical contemplating and innovation complex challenge-solving vital contemplating and evaluation creativity, originality and initiative as effectively as management and social impact, plus many far more. They reflect the major 5 in-desire abilities as rated in the Earth Financial Forum’s Foreseeable future of Work Study 2020.
There are quite a few other variables that set the MIEM aside. Graduates are qualified for a one-yr home permit. They can keep in the nation for two motives: to seek out function and to establish a firm or small business. Tuition charges are 240,000 Swedish kronas, about US$27,100 — EU and EEA college students are not expected to pay back. Scholarships by the Swedish Institute and BTH are generous.
As for the setting? An inspiring study setting. On campus, there are lecture halls, libraries, places to eat, cafes, and a students’ union. “We have a very modern day review natural environment the place learners can satisfy jointly, as perfectly as with instructors,” suggests Director of International Affairs Mats Walter. “We’re a modest university. Given that we are tiny, we are close. College students can simply attain out to the vice chancellor on a day-to-day basis, compared with major universities with a large amount of hierarchy.”
The two of BTH’s campuses are located by the sea — a exclusive atmosphere several other universities can replicate. “Between the lectures, you may possibly have a bathtub in the sea in the summertime,” suggests Walter.