MSc in Technology and Innovation Management

MSc in Technology and Innovation Management

Masters
·
2 years

MSc in Technology and Innovation Management is a two-year (4-semester) program that includes essential topics for managing and mapping technology, as well as innovation management and entrepreneurship. This Master's degree is meant to provide students with a focused, relevant, and usable body of knowledge in technology and innovation management. It is appropriate for those who want to initiate and manage creative initiatives within current structures or by launching new economic ventures.

Graduates of the program will be qualified to deal in the knowledge-based economy for corporate entities and entrepreneurial firms, with the ability to be innovative and successful as entrepreneurs starting new businesses or intrapreneurs generating and managing new technical business opportunities within existing corporations. It will also provide a forum for professors and industry and business representatives to collaborate in order to improve their firms' efficiency. In this regard, the Institute of Engineering (IOE) and the Federation of Nepalese Chambers of Commerce and Industries have signed a Memorandum of Understanding (MOU) (FNCCI).

In partnership with the Norwegian University of Science and Technology (NTNU), Trondheim, Norway, the Institute of Engineering (IOE) at Tribhuvan University has been offering a full-time, two-year (4-semester) master's degree in Technology and Innovation Management (TIM) from July 2010.

Institute of Engineering (IOE) Pulchowk Campus enrolls 20 students each year in Master of Science (M.Sc) in Technology and Innovation Management.

Credit System

The course curriculum is organized in the overall framework of Credit System. Each course has a certain number of credits, which indicates the weightage. The number of credits depends on the contact hours for the course and its work load. Course with one credit weightage will have at least 15 lecture hours in a semester. The tutorial, consulting and assessment hours will vary depending on the nature of the course. The total Credit for the masters' program is 60 and this program has 70 credits in total.

Salient Features

Instructional Methods

Conventional lectures and seminars in the taught course components (core and elective courses) of the program are reinforced by other approaches to teaching and learning: • the use of case studies (video- and text-based) to highlight key issues and management practices • training in the use of electronic information sources • training in teamwork and project management Each course is coordinated by a member of the faculty or the visiting faculty which is offering the course in a given semester. The course faculty has full responsibility for the conduction of the particular course. The courses comprise lectures, tutorials, laboratory works, group discussions, and project works (as applicable). The course contents are designed in such a way that considerable self-learning efforts should be used by the students. Each student will be assigned a counselor. The main function of the counselor will be to guide the student throughout the 2-year program.

Registration

Students must register for their courses every semester. They must seriously attempt to complete the masters' program in 2 years. In all four semesters, a total of courses of a total number of 48 credits will be offered which will consist of core courses and electives courses. A directed study of 2 credits and 2 project work of a total number of 4 credits must be completed by all students. The credits for the thesis will be 16. The total credit for the complete program is 70. 

Evaluation System

The evaluation system is based on the continuous assessment by the course teacher and the final examination. The students have to pass individually in the assessment as well as the final examination. The minimum pass mark for the assessments and final examination is 50%.

Depending upon the total percentage of the marks obtained, the following division shall be awarded:

Percentage Division
>=50% Pass
50 - < 65 Second
65 - < 80 First
80 and above Distinction

Qualifying Criteria

To qualify for the Master of Science in Technology and Innovation Management the student must satisfactorily complete the program consisting of course works, directed study, group projects of 54 credits, and an individual thesis of 16 credits.

Eligibility

Eligibility Criteria

To be eligible for admission to the Master Program, a candidate must:

  1. Have a Bachelors’ Degree in Engineering (normally from a Four Year Program) from Tribhuvan University or its equivalent from an institution of recognized standing.
  2. Have undergraduate grades significantly above average and not less than prescribed by the Faculty Board of the Institute of Engineering.
  3. Have at least 2 years of relevant working experience after graduation.
  4. Submit a recommendation made by two referees who should be from among the employer where the candidate worked and/or from the concerned teaching faculty from where the candidate received the Bachelor’s Degree in Engineering.

Admission Criteria

The candidate willing to appear in the entrance examination to get enrollment into the M.Sc. program should fill and submit the Application Form online within the deadline prescribed by the Entrance Exam Board. Application forms will be available on the websites: www.ioe.edu.np/entrance or http://entrance.ioe.edu.np. The application procedures are as follows:

1. The candidate should deposit the required amount as an application fee for the entrance examination in Account No mentioned in the notice by submitting a specially prepared voucher often by filling the applicant's name and date of birth in it. The voucher No. indicated in the voucher needs to be specified in the online application form.

2. The candidate must select the appropriate entrance stream.

3. The candidate should fill up the other required fields in the form without skipping any steps.

4. The candidate also needs to upload his/her color photograph of the prescribed specification and one of the following identification documents.

  • Citizenship certificate
  • Passport
  • The last exam admit card

If any change has to be done to the submitted information in the application form, a candidate has to pay an extra fee to edit six or fewer numbers of normal text fields. For name, photo, or ID document correction, he/she has to pay more amounts at ICTC and submit a letter of request for correction with the payment voucher

Seat/Quota distribution for M.Sc Program

Total Intake

Regular Merit

IOE Reserved

Full Fee

Sponsored

20

5

1

6

8

  1. One seat in the regular category and One seat in the full fee category are reserved for female candidates in each program
  2. One seat is reserved for IOE faculty. For IOE Reserved Quota, priority will be given to permanent IOE faculty. If there are no applicants from permanent IOE faculty, then priority will be given to faculties who have completed 5 years as contract faculty. If there is no applicant in the IOE reserve quota, it is added to the Full Fee Seat. 1/4th of the sponsored quota is reserved for Foreign students.
  3. Priority for the sponsored quota will be as follows:
    1. 1st Priority: Candidates from government offices & Government Owned Organizations or Companies
    2. 2nd Priority: Other Organizations
  4. If applications are not received in sponsored/foreign category, then the seat will be fulfilled as the full fee category.

Curricular Structure

This Master's program focuses on technology and innovation strategy formulation, management, and improvement. It is interdisciplinary in nature, drawing on a variety of scientific and technical fields. Different pedagogical theories and teaching and learning approaches are included in the courses, project activities, and Master's thesis. The curriculum is designed to create graduates who have a thorough grasp of technology and innovation management approaches, as well as the capacity to take on larger and more responsible technical and managerial positions in an ever-changing environment. Problem-based learning, which includes case studies and problem-solving using quantitative and qualitative models, has had a significant impact on the curriculum. The project work, which spans the two and three semesters, is the most significant aspect of the study program. Project work should be industry-based wherever feasible, requiring students to examine real-world challenges.

Master of Science (MSc) in Technology and Innovation Management Curriculum 2011.pdf 

First Semester
Course Title Course Type Credits
Applied Probability and Statistics Core Technology 4
Financial Management Core Management 4
Innovation and Technology Management Core Technology 4
Research Design and Methodology Core General 4
Innovation and Technopreneurship Workshop ----- 4
Total   20
Second Semester
Course Title Course Type Credits
Marketing Management Core Management 4
Operations Research Core Management 4
Technology Course (TIM-I)* Elective 4
Technology Course (D-I)** Elective 4
Group Project I ----- 2
Total   18
Third Semester
Course Title Course Type Credits
Strategic Management Core Management 4
Directed Study Compulsory 4
Technology Course (TIM-2) Elective 4
Technology Course (D-2) Elective 4
Group Project II ----- 4
Total   18
Fourth Semester
Course Title Course Type Credits
Master Thesis ----- 16

Course work directed study, and projects = 54 Credits
Thesis = 16 Credits
Total = 70 Credits 

* TIM-1 & TIM-2 are the electives offered by TIM
** D-1 & D-2 are the existing electives offered in MSc programs in various departments of Pulchowk Campus.

Notes

  • 4 electives are offered in TIM-1 (Semester 2) and the other 4 electives are in TIM-2 (Semester 3) and the students have to choose one of them in each term. Depending on the interest of students only 2 electives are offered in each term. The minimum number of students in each elective should be 6.
  • There will be an industrial internship of 4 weeks after term 2 (1st year).

Core and elective courses

Core and elective courses The course consists of two types of courses, the Core Courses deal with the fundamentals, whereas the electives courses (departmental electives – D1 and D2 and Technology and Innovation Management electives– TIM 1 and TIM 2) deal with specific details of the course. The core courses of the Technology and Innovation Management program emphasizes the fundamentals of technology and innovation management in theory and practice. Elective courses, chosen will enable students to focus their courses to their technical interests and to specific topics in technology innovation management processes, policies or organizations. In addition, required project works will provide hands-on real-world experience. Overall, we will try our level best to equip our students to drive value creation from technical innovation based on their understanding of technical concepts, innovation management fundamentals, and real-world implications.

Group Project Work

The purpose of the group project in semester II and semester III is to provide an opportunity for the group of students to investigate, analyze, and is possibly provide a solution to an existing industrial/business problem. The group project must be completed in the allocated term. The group project may be done in small groups (2-3 students per group).

Master's Thesis

The main objective of the Master's Thesis is to apply and deepen theories and skills to study and solve problems in an industrial or business context. It is encouraged that during the thesis work, feedback sessions in small groups (industry and academic) should be organized to keep track of progress, exchange experiences, and discuss methodological issues.