Management of Innovation and Entrepreneurship (MIE)

Biblioteca scienze politiche
Management of Innovation and Entrepreneurship (MIE)
Course sheet
A.Y. 2024/2025
Master programme
LM-77 - Management studies
Master programme
120
ECTS
Access
Open with entry requirements examination
2
Years
Course location
Milano
Language
English
The Master of Science (Laurea Magistrale, LM-77) in Management of Innovation and Entrepreneurship (MIE) of the University of Milan aims at providing students with theoretical knowledge and analytical tools to identify and exploit entrepreneurial opportunities for innovation, change management and organizational transformation.
The drivers of new business creation, the ability to identify business opportunities offered by the markets, the analysis of human, economic and financial resources needed to create and develop new projects represent some of the topics in the entrepreneurship field. Entrepreneurship and innovation are interwoven. Innovation is conceived in a broad sense, spanning from new knowledge generation to enter in new markets to the development of new products, processes and management approaches, based on innovative organizational solutions and competitive strategies.

Alongside the creation of new companies, the ability to innovate and seize the opportunities for investing in new markets by existing companies is a condition of success for the revitalization of more mature businesses.

The course structure is meant to strengthen the acquisition of knowledge and skills concerning the analysis and interpretation of business decision-making processes, with a specific focus on the design, implementation and evaluation of entrepreneurial and innovation processes taking place in a variety of industrial sectors where goods and services are produced.

The program adopts an interdisciplinary approach to the study of entrepreneurial phenomena and innovation. Digging deep into management disciplines (management control, strategic planning, corporate finance, business planning, marketing channels management, relations with the financial sectors and public sector organizations), economic disciplines (industrial economy, company history), legal disciplines (business law), and quantitative methods (market forecasting tools and advanced data analysis), students will acquire knowledge and skills useful to guide the entrepreneurial and innovation process both in newly founded entities and in already existing organizations.

The overall design of the Program takes advantage, in addition to classroom learning through lectures and exercises, of the active participation of students in innovative and entrepreneurial projects throughout the entire course of studies (that is, entrepreneurship laboratories), and further developed with reference to the internship and preparation of the final thesis. Teamwork will be an integral part of the entire program, to promote critical and collaborative thinking, thus setting the basis for a unique learning opportunity. Opportunities to meet and work with professionals and companies will be provided and actively promoted.

To strengthen the link with companies, the usual governance body (that is, the Teaching Committee) will be complemented with the establishment of a Committee composed by faculty members and professionals who will plan projects, joint laboratories, guest lectures and similar initiatives.
Graduates in Management of innovation and Entrepreneurship will be able to apply acquired knowledge and skills in two related areas:
- Within existing companies and organizations: in this context graduates can contribute to the design, development and implementation of innovative projects (for example: new product development, implementation of new production processes, new market entry);
- In the launch of new business initiatives (start-ups), where the graduate will be able to collaborate in the construction of the team, the development of the business ideas and their exploitation.

Combining entrepreneurial, managerial, economic and financial skills with sound knowledge of new product development and innovation management processes, the Master's Degree in Management of Innovation and Entrepreneurship trains professionals oriented both to craft and launch new entrepreneurial initiatives and to occupy project management positions for new product development and innovation management. Additionally, the Program provides solid evaluation skills to assess innovation projects, thus opening opportunities in both private organizations (management consulting firms, financial institutions) and public-sector organizations (development agencies and local partnerships).

Professional profile: the program is aimed at young people who want to embark on a managerial career oriented towards innovation themes, as well as those who want to start new business ventures.
Functions: business analysis and development; coordination and management of innovation projects; new business model development; entrepreneurs and social entrepreneurs; property rights consultants.
Skills: ability to analyze and interpret sectoral and competitive dynamics; to design new initiatives within existing companies; ability to plan and start new business ventures.
Career opportunities: managers in national and international manufacturing and service companies, in large retailers; entrepreneurs; freelancers and consultant in the design and implementation of new initiatives.

Employment statistics (Almalaurea)
Students enrolled in MIE program can spend a study period above as part of the Erasmus+ Programme, to take courses, sit exams and/or conduct research on their master's dissertation. The study abroad period, which lasts from three to 12 months, allows access to the teaching and research facilities of European Universities. Once students return to Italy, they receive academic recognition for the activities successfully conducted abroad.
The list of available opportunities and destinations is updated every year. Students may refer to the following page to learn more: https://mie.cdl.unimi.it/en/study/study-abroad
Course selection is finalized prior to departure together with the student mobility representative of the degree course. Credits obtained are officially recognized at the end of the exchange period and included in the study plan.
Students can also join the traineeship programme (Placement), by going abroad from 2 up to 12 months, starting their traineeship from the first year of study. For a traineeship which is an integral part of the curriculum, the sending institution must give full academic recognition for the period spent abroad. For a traineeship that is not part of the curriculum of the student, the sending institution shall provide recognition at least by recording this period in the Diploma Supplement or, in the case of recent graduates, by providing a traineeship certificate.
No obligation, strongly recommended.
Enrolment
Admission to the Master programme in Management of Innovation and Entrepreneurship requires:

1) Curricular requirements

A - an Italian degree (ex. DM 270 /04) of the following classes or an Italian degree (ex DM 509/99) in the subjects equivalents to those listed above.
L-16 Scienze dell'amministrazione e dell'organizzazione
L-18 Scienze dell'economia e della gestione aziendale
L-33 Scienze economiche

B - Candidates holding a different degree qualification can apply if they meet the following minimum requirements:
At least 50 CFU/ECTS in the areas of business/management, economics, mathematics, statistics and law, divided as shown here below:
- at least 24 CFU/ECTS in the area of business/management (SECS-P/07, SECS-P/08, SECS-P/09, SECS-P/10, SECS-P/11, ING-IND/35);
- at least 12 CFU/ECTS in the area of economics (SECS-P/01, SECS-P/02, SECS-P/03, SECS-P/06, SECS P/12);
- at least 12 CFU/ECTS in the area of mathematics and statistics (SECS-S/01, SECS-S/03, SECS-S/04, SECS-S/05, SECS-S/06, MAT/05, MAT/06, MAT/09);
- in order to obtain the needed 50 CFU/ECTS applicants can also consider credits in law (IUS/04, IUS/05, IUS/07), but the minimum 48 CFU/ECTS in the three areas above (at least 24 credits in business/management, at least 12 credits in economics and at least 12 credits in mathematics/statistics) are mandatory.
The requirements must be met by the date of effective submission of the application for admission.

2) Proficiency in English

Proficiency in English at a B2 level or higher per the Common European Framework of Reference for Languages (CEFR) is required for admission.
The B2-level requirement will be ascertained by the University Language Centre (SLAM) upon admission as follows:
- Language certificate of B2 or higher level issued no more than three years before the date of admission application. You will find the list of language certificates recognized by the University at: https://www.unimi.it/en/node/39322). The certificate must be uploaded when submitting the online application;
- English level achieved during a University of Milan degree programme and certified by the University Language Centre (SLAM) no more than four years before the date of admission application, including levels based on language certificates submitted by the applicant during their Bachelor's degree at the University of Milan. In this case the process is automatic, the applicant does not have to attach any certificates to the application;
- Placement test administrated by the University Language Centre (SLAM) according to the calendar published on the website: https://www.unimi.it/en/node/39267/
All those who fail to submit a valid certificate or do not meet the required proficiency level will be instructed during the admission procedure to take the placement test.
Applicants who do not take or pass the placement test will be required to obtain a language proficiency certificate recognized by the University (see: https://www.unimi.it/en/node/39322) and deliver it to the SLAM via the InformaStudenti service by the deadline fixed for the master's programme (https://www.unimi.it/en/node/39267/).
Applicants who do not meet the requirement by said deadline will not be admitted to the master's degree programme and may not sit any further tests.

3) Personal competencies and skills: assessment criteria

Minimum curricular requirements are necessary yet not sufficient conditions for admission. Candidates will be also evaluated on the basis of personal competencies and skills by an Admission Board appointed by the Faculty Board (Collegio Didattico).
Assessment of personal competencies and skills will be ascertained in two subsequent stages. First, candidates will take a written online admission test, held in English language. Detailed description of the test content, dates and organization will be provided on the website of the master program, 'Application' section. Candidate who do not sit or reach the minimum level required by the Admission Board in the admission test will not be further evaluated and cannot sit further tests.
For candidates who reach the minimum level in the admission test and meet the compulsory curricular requirements, the Admission Board will further evaluate their personal competencies and skills based on academic merit and choice coherence. Academic merit relates to the quality of the previous degree as well as the average grade obtained in the bachelor program. Grades obtained in Bachelor business/management, mathematics and statistics courses could also be evaluated to assess candidates' academic merit. Choice coherence relates to coherence between the academic and professional curriculum of the candidates and the learning objectives of the Management of Innovation and Entrepreneurship degree programme.
To allow the Admission Board to assess academic merit and choice coherence, each applicant must submit at time of application:
- a detailed curriculum vitae (it refers to study and work experience and any relevant achievements);
- a detailed study plan of the bachelor program, with the list of exams taken and relative grade, as well as average grade obtained and final degree.
Failing to provide the compulsory documentation will result in the exclusion from the selection procedure.

The Admission Board reserves the possibility to request the applicant an oral interview for admission, held in English language and exclusively done via electronic devices. The interview is aimed at further verifying the skills as mentioned above.

Applicants must obtain the bachelor degree by 31st December 2024.

To obtain the degree, those who do not hold an Italian high school diploma or bachelor's degree must demonstrate proficiency in Italian at the A2 or higher level per the Common European Framework of Reference for Languages (CEFR). This level must be demonstrated prior to completing the course programme in one of the following ways:
- by submitting a certificate of A2 or higher level issued no more than three years prior to the date of submission. You will find the list of language certificates recognized by the University at: https://www.unimi.it/en/node/349/). The language certificate must be submitted to the University Language Centre (SLAM) via the Language Test category of the InformaStudenti service: https://informastudenti.unimi.it/saw/ess?AUTH=SAML;
- via an entry-level test administrated by SLAM that can be taken only once and is compulsory for all students who do not have a valid language certificate. Those who fail to reach A2 level will have to attend one or more than one 60-hour Italian course(s) geared to their level.
Those who do not take the entry-level test or fail to pass the end-of-course test after six attempts will have to obtain language certification privately in order to earn the 3 credits of Additional language skills: Italian.

Admission

Application for admission: from 22/01/2024 to 30/06/2024

Application for matriculation: from 02/04/2024 to 15/01/2025


Attachments and documents

Admission notice


Please note

Non-EU students visa applicants are required to apply for admission no later than 30 April 2024. Applications submitted after the deadline will not be evaluated and it will in no case be possible to request the refund of the admission fee.

Learn more:
Programme description and courses list
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Advanced Industrial Organization 6 40 English SECS-P/06
Business History 6 40 English SECS-P/12
Corporate Finance 6 40 English SECS-P/09
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Management of Innovation 9 60 English SECS-P/08
Performance Management and Control Systems 9 60 English SECS-P/07
Quantitative Methods 12 80 English SECS-S/01 SECS-S/03
Third trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Business and Commercial Law 6 40 English IUS/04
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Data-Driven Innovation Management 9 60 English SECS-P/08 SECS-P/10
Digital Marketing and Innovation 9 60 English SECS-P/08
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Innovation in Marketing Channels 9 60 English SECS-P/08
Strategies and Tools for Industry 4.0 9 60 English SECS-P/08
Conclusive activities
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Compulsory
Final Exam 15 0 English
First trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory "socially Responsible Investing" 3 20 English SECS-P/11
Laboratory "soft Skills for Entrepreneurs" 3 20 English SECS-P/10
Second trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory "organizational Change in the Age of Complexity" 3 20 English SECS-P/10
Laboratory "venture Design and Growth Mindset" 3 20 English SECS-P/08
Third trimester
Courses or activities ECTS Total hours Language SSD
Optional
Digital Marketing in a Customer-Centric Experience 3 20 English SECS-P/08
Open sessions
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Optional
Additional Language Skills: Italian (3 ECTS) 3 0 Italian
Optional activities and study plan rules
1 - Students must get 6 CFU/ECTS either through an internship or lab attendance (please check: https://mie.cdl.unimi.it/en/study/stage-and-internship)
2 - Students must get 9 CFU/ECTS by choosing one or more elective activity/ies from Master degree programmes. It is suggested to choose among MIE, MEF, EPS and DSE courses.
Foreign students with insufficient knowledge of the Italian language must obtain 3 CFU/ECTS for "Additional language skills: Italian", instead of 3 credits as Elective activities (please check: https://mie.cdl.unimi.it/en/courses/italian-language-foreigners-tests-and-courses)
Courses or activities ECTS Total hours Language Lesson period SSD
Additional Language Skills: Italian (3 ECTS) 3 0 Italian Open sessions
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Advanced Industrial Organization 6 40 English SECS-P/06
Business History 6 40 English SECS-P/12
Corporate Finance 6 40 English SECS-P/09
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Management of Innovation 9 60 English SECS-P/08
Performance Management and Control Systems 9 60 English SECS-P/07
Quantitative Methods 12 80 English SECS-S/01 SECS-S/03
Third trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Business and Commercial Law 6 40 English IUS/04
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Advanced Strategic Management 9 60 English SECS-P/07 SECS-P/08
Property Rights: Legal Aspects 9 60 English IUS/04
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
New Business Start-Up 9 60 English SECS-P/08
Sustainability and Social Entrepreneurship 9 60 English SECS-P/08
Conclusive activities
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Compulsory
Final Exam 15 0 English
First trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory "socially Responsible Investing" 3 20 English SECS-P/11
Laboratory "soft Skills for Entrepreneurs" 3 20 English SECS-P/10
Second trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory "organizational Change in the Age of Complexity" 3 20 English SECS-P/10
Laboratory "venture Design and Growth Mindset" 3 20 English SECS-P/08
Third trimester
Courses or activities ECTS Total hours Language SSD
Optional
Digital Marketing in a Customer-Centric Experience 3 20 English SECS-P/08
Open sessions
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Optional
Additional Language Skills: Italian (3 ECTS) 3 0 Italian
Optional activities and study plan rules
1 - Students must get 6 CFU/ECTS either through an internship or lab attendance (please check: https://mie.cdl.unimi.it/en/study/stage-and-internship)
2 - Students must get 9 CFU/ECTS by choosing one or more elective activity/ies from Master degree programmes. It is suggested to choose among MIE, MEF, EPS and DSE courses.
Foreign students with insufficient knowledge of the Italian language must obtain 3 CFU/ECTS for "Additional language skills: Italian", instead of 3 credits as Elective activities (please check: https://mie.cdl.unimi.it/en/courses/italian-language-foreigners-tests-and-courses)
Courses or activities ECTS Total hours Language Lesson period SSD
Additional Language Skills: Italian (3 ECTS) 3 0 Italian Open sessions
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Advanced Industrial Organization 6 40 English SECS-P/06
Business History 6 40 English SECS-P/12
Corporate Finance 6 40 English SECS-P/09
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Management of Innovation 9 60 English SECS-P/08
Performance Management and Control Systems 9 60 English SECS-P/07
Quantitative Methods 12 80 English SECS-S/01 SECS-S/03
Third trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Business and Commercial Law 6 40 English IUS/04
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Advanced Corporate Finance 9 60 English SECS-P/09
Financial Intermediation and Banking 9 60 English SECS-P/11
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Managing and Evaluating Intellectual Property Rights 9 60 English SECS-P/08 SECS-P/09
Venture Capital and Private Equity 9 60 English SECS-P/09
Conclusive activities
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Compulsory
Final Exam 15 0 English
First trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory "socially Responsible Investing" 3 20 English SECS-P/11
Laboratory "soft Skills for Entrepreneurs" 3 20 English SECS-P/10
Second trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory "organizational Change in the Age of Complexity" 3 20 English SECS-P/10
Laboratory "venture Design and Growth Mindset" 3 20 English SECS-P/08
Third trimester
Courses or activities ECTS Total hours Language SSD
Optional
Digital Marketing in a Customer-Centric Experience 3 20 English SECS-P/08
Open sessions
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Optional
Additional Language Skills: Italian (3 ECTS) 3 0 Italian
Optional activities and study plan rules
1 - Students must get 6 CFU/ECTS either through an internship or lab attendance (please check: https://mie.cdl.unimi.it/en/study/stage-and-internship)
2 - Students must get 9 CFU/ECTS by choosing one or more elective activity/ies from Master degree programmes. It is suggested to choose among MIE, MEF, EPS and DSE courses.
Foreign students with insufficient knowledge of the Italian language must obtain 3 CFU/ECTS for "Additional language skills: Italian", instead of 3 credits as Elective activities (please check: https://mie.cdl.unimi.it/en/courses/italian-language-foreigners-tests-and-courses)
Courses or activities ECTS Total hours Language Lesson period SSD
Additional Language Skills: Italian (3 ECTS) 3 0 Italian Open sessions
Learn more
Location
Milano
Head of study programme
Academic guidance tutor
Erasmus and international mobility tutor 
Internship tutor
Seminar and workshop tutor
Quality Assurance Delegate
Contacts

The tuition fees for students enrolled in Bachelor's, Master's and single-cycle degree programmes are divided into two instalments with different calculation methods and payment schedules:

  • The amount of the first instalment is the same for all students
  • The amount of the second instalment varies according to the ISEE University value, the degree programme and the student status (on track / off track for one year or off track for more than a year) 
  • An additional fee is due for online programmes

The University also offers:

  • Concessions for students meeting high merit requirements
  • Diversified tuition fees according to the student's home country for international students with assets/income abroad
  • Concessions for international students with refugee status

Scholarships and benefits

The University provides a range of financial benefits to students meeting special requirements (merit, financial or personal conditions, international students).

Learn more