Innovation Management

With firms quickly realizing the value of attaining dynamic efficiency in their business operations and the resulting investment into research and development, the skill set that graduates will attain after completing a Masters in Innovation Management in Ireland is becoming ever crucial. Not only does such a course inculcate future business leaders and tech entrepreneurs with the knowledge and skills required to thrive in this era of technological revolution, but it'll also help you get a good grasp of the forward momentum that humanity drives its progress with.

The rising requirement for an MSc in Innovation Management in Ireland is evidenced by the facts reported by the Central Statistics Office of Ireland. Expenditure on innovation, research and development within firms has risen by an expectation-shattering 24% in 2018 compared to 2016. Not only that, the proportion of firms which use online forms of advertisement, networking and cloud computing has also risen from 36% in 2016 to 45% in 2018, a trend which has stayed consistently higher than the European Union-28 average at 26% in 2018. These numbers are a testimony to the fact that companies are quickly realising the benefits that development of their information technology systems can bring. Consecutively, they'd require professionals possessing the skill sets conducive to such growth, investment and, of course, innovation.

That’s precisely where graduates with the expertise gained from undergoing a course in Masters in Innovation Management in Ireland come into the picture.

Masters in Innovation Management in Ireland for International students

Ireland is a thriving and wonderfully bullish market and has shown consistently outstanding amounts of economic growth in the past couple of years. Something already quite supportive of the scope of Masters in Innovation Management in Ireland. The growth is, also, unarguably supported by its quality education system. Ireland’s14 top universities fall among the top 700 colleges in the world according to QS World Rankings 2019.

Furthermore, the research output of these universities coupled with the highly employable graduates that they train and produce means that Ireland has a steady supply of skilled labor entering the job market annually. However, firms are quickly realizing and responding to this situation in attempts to garner most of these well-trained professionals for themselves by moving into Irish markets or expanding operations. This is why the job markets are facing shortfalls of graduates with Masters in Innovation Management in Ireland and the relevant knowledge and skills that completing the qualification inculcates in the students.

This is where the answer to the question ‘Why Study Innovation Management in Ireland? ’ comes in. Companies are quite eager to hire graduates who can demonstrate their worth by attaining relevant degrees highly demanded in the market, like an MSc in Innovation Management in Ireland. This has, consequently, prompted an unprecedented amount of international students to move to Ireland for further studies as well, and take the leap of faith which might have just aided their phenomenal success in the future.

Ireland, while undoubtedly expensive for students who migrate from countries with lower exchange rates, has plenty of opportunities for part-time work during one's studies and for full-time work afterwards. Couple this with the academic rigorousness and reputation of the universities there and it's easy to understand why these students take the decision that they do.

Moreover, Innovation Management in Ireland for Indian students is an attractive option to continue their studies because of the favorable and lenient perspective that Irish universities bring to Indian educational qualifications. This is due to their understanding of the academic and technical rigor that relevant Information Technology, Management or Business qualifications possibly demonstrate.

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Courses for Masters in Innovation Management in Ireland

Innovation Management is a combination of the management of innovation processes and change management. It refers to the products, business process, marketing and organisational innovation. Our team of consultants at GoIreland can help you choose the best courses for MSc in Innovation Management in Ireland. Prioritize your studies by studying the most suited course in the field of Innovation Management.

Few top courses for Innovation Management in Ireland are given below:

• MSc in Design Innovation
• MSc in IT - Enabled Innovation
• MSc in Strategy & Innovation
• MSc in Technology and Innovation Management
• MSc in Strategic Management - Innovation

Below is the list of courses for MSc Innovation Management in Ireland

Top Universities for Masters in Innovation Management in Ireland

Innovation Management in Ireland, as mentioned above, is a growing field and an increasing number of universities are recognising its demand by both employers and students alike. Consequently, this has led to international and domestic students having an assortment of choices of top colleges for MSc in Innovation Management in Ireland.

Innovation Management universities in Ireland offer this unique and insightful course under different names but these courses have elements which are similar enough to the skill sets currently in demand by corporates. That’s because these courses prioritise functional learning of processes of research and development within industries and how a firm can move forward with its individual plans to achieve dynamic efficiency. Hence, while the list below is not exhaustive when it comes to all universities that offer this or a similar course, it does capture a sample accurately. Use the list accordingly.

Let’s have a look at some of the best Innovation Management universities in Ireland:

Entry Requirement for Masters in Innovation Management in Ireland

Top universities in Ireland are likely to accept students who’ve demonstrated academic rigour in their bachelor’s degree and also via work experience generated through dedicated programmes or through one’s own ventures. This approach to admissions allows universities to determine whether you made the best possible use out of the opportunities that had been made available to you in the past 3-4 years of your education and work life. Consequently, they predict whether, if granted admission, you’d be able and willing to utilise the opportunities that’d be made available to you. If your application fails to show a sufficient past record and enough academic merit to demonstrate this willingness to them, you’re unlikely to be admitted. A candidate must fulfil all the Entry requirements for Masters in Innovation Management in Ireland for admission into a university in Ireland.

One of the main reasons for putting Entry requirements for MSc in Innovation Management in Ireland in place is to ensure that students who are admitted can in fact actually keep up with the course material and academic requirements of the course. If students who fail to demonstrate such minimum abilities are admitted, it’d not be beneficial for the university or the student. Also, entry requirements are contingent to the university you’re applying to and are likely to vary accordingly. Moreover, fulfilling entry requirements doesn’t guarantee you a place in the university. Admission depends on the competitiveness of the application pool and the merit of your profile.

Below is the Admission Requirements for MSc in Innovation Management in Ireland:

English Requirements for Masters in Innovation Management in Ireland

While the requirements detailed are by themselves quite thorough and intricate, international students are faced with some further complications while applying due to their nature as such. One of the main requirements that international students also have to fulfil is the English Language proficiency or English requirements for Masters in Innovation Management in Ireland. This is meant to ensure that a student if admitted, will be able to understand the course content and lectures which would be delivered in English. Indeed, if this is not proven prior to admissions then regardless of how academically proven a student is, they're unlikely to succeed in an English speaking environment.

For the purposes of Ireland, English speaking proficiency may need to be demonstrated by students from countries where their secondary education doesn’t take place in English or the first language spoken isn’t English. Demonstration of English Language proficiency can be achieved by taking a set of relevant English Proficiency examinations. Generally, there’s a choice among the IELTS, PTE and TOEFL and colleges are likely to accept any of the three but it’d be best that you look up your college’s policies on English requirements for MSc in Innovation Management in Ireland. Choosing a test can come down to your preference, ease of access to test centre and comfort with the format. While minimum required scores differ across universities, the following scores are likely to fulfil the English Language requirements for most universities.

Below is the English requirements for MSc in Innovation Management in Ireland.

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IELTS Requirements for Masters in Strategic Management in Ireland

In order to be eligible for admission in Masters in Innovation Management in Ireland, an English Language Test is mandatory for all students to take. A popular English Language Tests for MSc in Innovation Management in Ireland is IELTS - International English Language Testing System, where students are tested on the basis of their Writing, Speaking Listening & Reading skills. The Minimum IELTS requirement for MSc in Innovation Management in Ireland is an overall band score of 6.0 with no section less than 5.5.

The IELTS requirement for Masters in Innovation Management in Ireland in some institutions is as below

TOEFL requirements for Innovation Management in Ireland

For admission in MSc in Innovation Management in Ireland universities also consider TOEFL scores. The TOEFL requirement for MSc in Innovation Management in Ireland ranges between 80 and 95. TOEFL requirements for MSc in Innovation Management in Ireland varies for Universities and Institute of Technologies. A minimum score of 80 is the TOEFL requirement for Masters in Innovation Management in Ireland in Institutes of technologies and a score of 88 and above is required in Universities.

Below is the table of TOEFL requirements for MSc in Innovation Management in Ireland:

PTE requirements for Innovation Management in Ireland

The Pearson Test of English or PTE is also another English Language Test that students can take to do their Masters in Innovation Management in Ireland. Your reading, writing, listening and speaking skills are evaluated in this test which helps to put the students in a safe position for an admit for MSc in Innovation Management in Ireland. An overall score of 59 is the PTE requirements for MSc in Innovation Management in Ireland in Universities while Institute of Technology requires 55.

Below is the table of PTE Requirements for Masters in Innovation Management in Ireland

Tuition fees for MSc in Innovation Management in Ireland

Studying in Ireland, while expensive as an international student, can be quite cost-effective compared to other countries. Moreover, as a domestic student wishing to study at a higher institution of learning, Masters in Innovation Management course fee can be made highly affordable with the help of various scholarships and government-funded schemes. Researching those are likely to be highly critical in helping you achieve your higher education without incurring debt.

As suggested above, studying MSc in Innovation Management in Ireland costs different depending on your citizenship status. As a domestic student, your tuition fees for most universities offering the course is likely to be lower. While quite relative depending on the university you’re attending, the cost of tuition for MSc in Innovation Management in Ireland for a domestic student can vary between the range of €10,500 - 15,550 per annum. This cost can be further supported by scholarships from the university or the government depending on your academic performance. Costs for students from the European Union wishing to study in Ireland would also be the same, at least in terms of tuition.

Students not from the European Union would be faced by higher Innovation Management Course fees and lower availability of scholarships, though not necessarily. The fees for such non-EU students is usually between €10,500 - €19,200 per annum. Supporting tuition fees via scholarships may be possible. More on that below.

Do note that the fees mentioned in this extract are in reference to full-time courses which last for one year. Doing your course part-time would extend your study period to two years and would also raise the overall tuition cost while splitting per annum costs.

Below is the table of Tuition Fees for Innovation Management in Ireland:

Scholarship for Masters in Innovation Management in Ireland

Scholarships for MSc in Innovation Management in Ireland is usually subject to their country of origin and their academic performance. For domestic students, scholarships can come from university-sponsored sources, the university itself and the government as well. For international students, however, sources of scholarships are much more limited and would require much more dedicated effort in order to identify.

One of the first places to start looking, for any student, is to email the university concerned with details about your application, your place of action and study and your financial requirements. Asking and requesting them about scholarships may allow you unprecedented opportunities as universities often and undisclosed charities funding them which may just be put to use in order to fund your education.

External sources of scholarships are the next best thing but require even more concerted effort to apply for. These often include competitions like essay writing or video making and provide smaller amounts of scholarships. However, these can add up quickly if one makes the effort. A critical tool that may help you in search for external scholarships is Scholarships Positions.

Below is the exclusive list of Scholarship for Masters in Innovation Management in Ireland.

Average Salary in Ireland after Masters in Geographic Information System

Innovation Managers and other relevant job profiles for graduates in Ireland are likely to receive appropriate compensation for the skillset, work experience and productivity that they bring to the corporates that they work at. Innovation Management salary in Ireland, while quite lucrative even among junior employees, is quite contingent to the location, firm and type of your employment. Companies like Accenture, Vodafone and PepsiCo offer attractive starting packages to graduates with appropriate skill sets who can demonstrate that they can hold their own in a professional environment.

The Innovation Management graduate salary in Ireland, even at the beginning of their careers, is likely to at approximately €60,000 per annum. Even if this amount is considered and assuming you’ve financed your education via loans and debt, it’s likely that you’d have paid it off by the end of 3 or 4 years depending on your living standards, interest rates and monthly payment. Moreover, given a long enough tenure and resulting experience in the industry, salaries for innovation managers that go beyond €75,000 per annum are not unheard of.

These are variable figures, however, and subject to your long term performance, negotiation skills and also networking capabilities. That being said, an MSc in Innovation Management in Ireland would open up a lot of doors which could potentially lead you to earn this much every year.

Innovation Management Companies in Ireland

There are various top Innovation Management companies in Ireland which are on the hunt for graduates with relevant skill sets developed after having completed their masters. The increasing demand or such skill set in the recent years, especially in Ireland, stems both from the efficiency and productivity that these graduates can deliver for their businesses and also because of the essential requirement for businesses to go online in this day and age. Indeed, they recognise that businesses which do not offer their clients or customers the user-friendly experience of an online website, it’s likely to leave a lasting bad taste in their mouths.

Top Employers for Innovation Management in Ireland

Job opportunities for Masters in Innovation Management in Ireland

As mentioned above, job opportunities after MSc in Innovation Management in Ireland are up and coming because of the increasing interest that firms are taking in research and development. Various job profiles in the recent years have opened up in Dublin and in other parts of Ireland which priorities the skillsets inculcated specifically through the study of the course. The knowledge, an eye for detail and professional expertise that is required for job opportunities after Masters in Innovation Management in Ireland are versatile and flexible, allowing the skills to be tailored to the performance of various jobs in the corporate and public sector. Some roles that graduates can take up include:

• Innovation Consultant: This role prioritizes flexibility and usually involves working with various clients for temporary periods over matters of innovation and incorporation of new technology. If a permanent role is taken up at an organisation, the title of ‘Innovation Manager’ is usually adopted.
• Business Designer: Responsibilities for a business (model) designer include establishing appropriate pricing strategies, finding revenue streams and also devising relevant marketing strategies for new products or services incorporating the analytical and evaluative skills they’ve learnt in their MSc in Innovation Management.
• Change Agent: This job profile focuses on the human resources aspect of innovation in a firm. This primarily includes the responsibility of spreading positive culture towards change in an organisation with younger employees being receptive and supportive of innovation while senior employees actively trying to achieve it for the benefit of the company. Relevant tools for such a profile include motivation, support and appropriate counselling or coaching.

FAQ:

My UG degree is in Mechanical Engineering but I have 2 years work experience in Management . Can we apply for Masters in Innovation Management in Ireland?

Yes we can. Universities accept applications based on work experience and we can apply for them with a good SOP.

How much will be the application fee for MS Innovation Management ?

Applications are mostly fee. Some universities charge between 20 EUR to 55 EUR, based on each university.

Can I get full scholarship for MSc in Innovation Management in Ireland?

We can try and help you apply but a full scholarship is competitive and awarded for highly skilled students.

Is a one year masters in Innovation Management in Ireland recognized in my own country?

Yes it is. The masters is recognized as a level 9 by the NFQ and is awarded on a completion of 90 credits - 120 credits, as required by the ECTS. So the same is recognized in any country.

What will be the fee on an average for MS in Innovation Management in Ireland?

It can range between €10,000 to €22,575 based on the University.

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Entry Requirement for Masters in Innovation Management in Ireland

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