Master of Science in Intellectual Capital Management

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1 Programme Syllabus for Master of Science in Intellectual Capital Management 120 higher education credits Second Cycle Established by the Faculty Board of the School of Business, Economics and Law, University of Gothenburg, on November 14, 2006, last revised June 24, Graduate School School of Business, Economics and Law at University of Gothenburg Vasagatan 1, PO Box 695, SE Göteborg, Sweden , (fax)

2 2 / 8 1. Decision and Guidelines The study programme for the Master of Science in Intellectual Capital Management, 120 higher education credits (equals 120 ECTS credits), was established by the Faculty Board of the School of Business, Economics and Law, on November 14, 2006 and last revised on June 24, The programme syllabus applies as from autumn term of General Objectives Second cycle education shall according to the Swedish Higher Education Act (HEA) build on knowledge that students acquire in first cycle education or corresponding knowledge (see Appendix 1, HEA, ch. 1:9) The general objectives for a Master (120 credits) are stated in Appendix 2, the Higher Education Ordinance (see Appendix 1). 3. Programme Specific Objectives (learning outcomes) After successfully completing the programme the student should be able to; 1. Construct knowledge-based business in interplay with complementary competences, thereby integrating technological, economic, managerial and legal skills, into innovations, products, ventures and market offerings. 2. Analyze, construct and use tools to design and create innovations, such as e.g. different intellectual property tools and other tools (patents, standards, contracts, designs, trademarks, databases, copyrights, etc), in interaction with research, market assessment and product development. 3. Communicate, reflect upon, and manage group dynamics and responsible leadership applied on real-life innovation projects and simulated complex situations. 4. Reflect around citizenship and entrepreneurship for sustainable development. 5. Be able to handle the commercialization process regarding products and services in a market driven environment. 6. Gain a thorough knowledge about how to evaluate business ideas and develop these into new ventures. 4. Organisation All Graduate School programmes are managed by the Dean of the Graduate School while the operational responsibility rests with the Director of Studies. Each Graduate School programme has a programme coordinator and an advisory programme committee responsible for programme and course content.

3 3 / 8 5. Programme Disposition and Content The disposition applies to students admitted 2010 and onwards (for disposition regarding students admitted 2009, see Appendix 2). Year 1 Period Early innovation Entrepreneurship Autumn Term Period 1 Autumn Term Period 2 Spring Term Period 3 Spring Term Period 4 Intellectual Asset and Property Management, 30 hec Business Creation 30 hec Idea evaluation & feasibility studies 7,5 hec Brand Management 7,5 hec Knowledge-based Business Development and Management 15 hec Year 2 Period Early innovation Entrepreneurship Autumn Term Period 1 Autumn Term Period 2 Strategic Innovation Management 30 hec Strategy and Marketing for Knowledge-Based Business in biomedicine 7,5 hec Valuation and Entrepreneurial Financing 7,5 hec Entrepreneurial Leadership and Dynamic Organizing part 1, 3,5 hec Entrepreneurial Leadership and Dynamic Organizing part 2, 4,0 hec Spring Term Period 3 Spring Term Period 4 New Venture Creation 7,5 hec Master Degree Project 30 hec (Thesis)

4 4 / 8 The programme covers four academic terms of full-time study (120 higher education credits) including three terms of courses (90 higher education credits) and one term of Master Degree Project, 30 higher education credits (thesis writing). The courses are specific for the programme and include courses in methods with the emphasis on quantitative and qualitative analysis. The Intellectual Capital Management programme has two tracks, Early innovation and Entrepreneurship. Over the past few years we have seen dramatic changes in the economy and business environment. This is usually referred to as the entrance of the knowledge based information economy, i.e. industry and business are becoming more and more internationalized and globalized and the primary asset of a company is based on its control of knowledge. Additionally, the complexity regarding the introduction of new technologies and increasing demands from constituents such as the government, unions, consumers and the general public in a rapidly changing world require a new approach of management in order to create and establish successful ventures. Companies depend on a management cadre that is prepared to, and has the necessary competence to, handle these complexities. As an effect of this, companies are taking steps to integrate technical and market driven competence and innovation management with law and economics, realizing that such an interdisciplinary approach encourages creativity. The Intellectual Capital Management (ICM) Master Programme aims to fill this need by integrating traditional theoretical subject fields with vocational training and business simulations, partly using role-play pedagogy. The ICM programme applies an interdisciplinary approach that includes subjects within the different fields of Management, Economics, Law and Technology (MELT). Early innovation The track consists of three courses and the Master Degree Project (Thesis). All three courses consist of three different modules. During the second year of the programme, the students will apply their tools and skills on a project. The project will be connected to one or more companies, where the students assist with certain integrated assignments in connection with their course modules of the second year. 1 st Term Business Creation 30 hec: Module 1: IP Strategies (7.5 higher education credits) Module 2: Design of Technological Innovations and Markets (7.5 higher education credits) Module 3: Technology-based Entrepreneurship (15 higher education credits) 2 nd Term Intellectual Asset and Property Management 30 hec: Module1 Patents and Innovation Engineering (7,5 higher education credits) Module 2 Brand Management (7,5 higher education credits) Module 3 Knowledge-based Business Development and Management (15 higher education credits) 3 rd Term Strategic Innovation Management 30 hec: Module 1: Management of Open Innovation and Network-based Markets (7,5 higher education credits) Module 2: Advanced ICM Theory (7,5 higher education credits)

5 5 / 8 Module 3: Applied Intellectual Capital Management (15 higher education credits) 4 th Term Master Degree Project 30 hec (thesis writing) Entrepreneurship The first term consists of one course with three different modules (30 higher education credits) and the second term consists of three courses (30 higher education credits). The third term consists of 5 courses (30 higher education credits) in parallel with the assigned project. The fourth term consists of the Master Degree Project, 30 higher education credits (thesis writing,). During the second year of the programme, the students will apply their tools and skills on a real business project. The project will be connected to one or more idea providers such as entrepreneurs, inventors, researchers and industrial actors. 1 st Term Business Creation 30 hec: Module 1: IP Strategies (7.5 higher education credits) Module 2: Design of Technological Innovations and Markets (7.5 higher education credits) Module 3: Technology-based Entrepreneurship (15 higher education credits) 2 nd Term: Idea evaluation & feasibility studies (7,5 higher education credits) Brand Management (7,5 higher education credits) Knowledge-based Business Development and Management (15 higher education credits) 3 rd Term Strategy and Marketing for Knowledge-Based Business in biomedicine (7,5 higher education credits) Valuation and Entrepreneurial Financing (7,5 higher education credits) Entrepreneurial Leadership and Dynamic Organizing part 1, (3,5 higher education credits) Entrepreneurial Leadership and Dynamic Organizing part 2, (4,0 higher education credits) New Venture Creation (7,5 higher education credits) 4 th Term Master Degree Project 30 hec (thesis writing) The Master Degree Project is a substantial piece of applied research conducted under the supervision of a faculty member. It is the final phase in all Master Programmes and it is usually co written. It must involve an analysis based on the material covered by the course work. By requiring the students to devote the equivalent one full term to writing the Degree Project, we thus stress the importance of enabling the student to use a research approach, i.e. to be analytical and apply a critical thinking, in the course of their everyday work as well as in decision-making.

6 6 / 8 6. Tuition and Examination The language of instruction is English. Courses will include lectures, seminars and case studies. The students will also work together in small groups, according to educational principles such as problem-based learning, experiential learning and action learning. Group reports will be assessed and graded individually, as will individual term papers and individually written exams The modules will be examined separately. Examination takes place continuously during each module. Examination is done through participation (mandatory presence in lectures, seminars, exercises, simulations and similar), written hand-ins during the different labs, and written exams. The courses will be examined separately. Each course is graded with Pass with Distinction (väl godkänd, VG), Pass (godkänd, G) or Fail (underkänd, U). Grades are translated with a set model where the grades correspond to the following intervals according to EGIS (ECTS Grade Interpretation Scheme): Pass with Distinction (väl godkänd, VG) Pass (godkänd, G) Fail (underkänd, U) A-B C-E FX-F For students also following the Master of Laws Programme grades used are Pass with Distinction (med beröm godkänd, AB), Pass with Credit (icke utan beröm godkänd, BA), Pass (godkänd, B) or Fail (underkänd, U). Grades are translated according to EGIS (ECTS Grade Interpretation Scheme): Pass with Distinction (med beröm godkänd, AB) Pass with Credit (inte utan beröm godkänd, BA) Pass (godkänd, B) Fail (underkänd, U) A B-C D-E FX-F The Graduate School is obliged to offer the exam at least five times during the course of each two year period. Students who have made five unsuccessful attempts to pass an exam have lost the possibility of obtaining the Master of Science Degree. 7. Admission Requirements and Selection Process General Admission Requirements The applicant must hold the minimum of a Bachelors degree 1 (i.e. the equivalent of 180 ECTS credits) at an accredited university. The university has to be listed in the latest edition of the International Handbook of Universities 2 (please note, all credits need to be from an accredited university). The applicant s university education must 1 The equivalent to a Swedish Bachelors Degree depends on 1) Length of education 2) grade/division/class of your total degree. 2

7 7 / 8 include a minimum of 90 ECTS credits in a major subject and a thesis, term paper or equivalent proof of proficiency in academic writing, a minimum of 15 ECTS credits in Statistics* as well as the programme specific entrance requirements, or equal qualification as assessed by the Graduate School. Furthermore, a valid GMAT (Graduate Management Admission Test) score is required. *(NB! Students applying to the Intellectual Capital Management programme are exempted from the general admission requirement of 15 ECTS in Statistics). English Proficiency Requirements The applicant must prove English proficiency by one of the following: TOEFL IBT (internet based) TOEFL (computer based) TOEFL (paper based) IELTS For information about required test results, please see admission information on The Graduate School webpage: This requirement does not apply to students with a Bachelors Degree, based upon at least 3 years of full-time studies, from an education with English as the only language of instruction (with the exception of applicants with a Bachelors Degree from Pakistan and Bangladesh), or to students having passed English level B at the Swedish Upper Secondary School. Programme Specific Entrance Requirements The applicant s university education must include one of the following major subjects (a minimum of 90 ECTS credits): Law, Business Administration or Medicine/Biotechnology. The admission requirements listed above apply for admission to the programme. For continued studies within the programme individual courses have specific requirements, as provided in each course outline. Selection Process The selection process is based on the applicant s GMAT score. Furthermore the Intellectual Capital Management programme has an additional admissions procedure. The admissions procedure takes place in three steps which are described in detail in the ICM Admissions Document, as are the additional criteria which are evaluated in process, please see admission information on The Graduate School webpage:

8 8 / 8 8. Degree Certificate and Degree Title Upon completion (receiving a minimum grade of Pass) of all the courses and the degree project, and fulfilment of the requirements given above, students will receive a Master of Science (120 credits) with a major in Intellectual Capital Management. A special Graduate School Diploma stating specialization based on the following tracks will be issued after degree requirements have been fulfilled and the degree certificate issued: Early innovation Entrepreneurship 9. Programme Evaluation All courses in the programme will be anonymously evaluated by the students upon completion. The results of the evaluation will be communicated to the students and will function as a guide for the development of the course and of the programme.

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