Code: SCI3087

Extent: 20-25 cr

Language: English

Organizing department: Industrial Engineering and Management

Teacher in charge: Jens Schmidt

Administrative contact: Tarja Timonen

Target group: All master's students with sufficient prerequisite knowledge.

Application procedure: Open for all students of Aalto University.

Quotas and restrictions: No quotas. Individual courses may have limited seats affecting the opportunities to take these courses.

Prerequisites: TU-C2010 Introduction to Strategic Management (5 cr) and TU-C1030 Laskelmat liiketoiminnan päätösten tukena (Managerial accounting and finance for decision-makers) or equivalent knowledge.

Content and structure of the minor

The minor in Strategy and Corporate Renewal helps students develop capabilities in strategic management and new business development to enable them lead and transform existing business and build new business.

The primary learning outcomes of the Strategy and Venturing minor are to:

  • Develop capabilities to lead and organise strategy work to improve value creation
  • Develop capabilities to analyse sources of competitive advantage in technology-based business
  • Develop capabilities to lead the renewal process of established organisations through organizational transformation and innovation in products, services and business models

In addition to these primary learning outcomes, studying the minor gives the student significant strengths including an integrative understanding of technology and business, analytical capabilities to solve complex real life problems using data, people skills to build and lead organizations, and a global orientation and ambition level.

The capabilities developed in the minor in Strategy and Corporate Renewal are valuable for many career options including strategy and business development functions in corporations, management consulting, investment banking, founders/CEOs in startups, positions in venture capital and private equity firms or other organisations building and transforming technology- based business.





Choose 2-3 courses out of the following


Introduction to Strategic Management*




Strategic Management of Technology and Innovation




Strategies for Growth and Renewal



Elective courses

Select as many courses as needed to fulfill the extent of the minor (20-25 cr):

TU-E3010Leading as Practice**5III-IV
TU-E3041Leadership and Change Management5II
TU-E1010Advanced Strategic Management**5I
TU-E2031Advanced Project-based Management**5III-IV
TU-E1030Advanced Case-Seminar in Strategy**5I
TU-E4060Design & Innovation in Context6II 
TU-E4081Selling in Growth Companies5


2021-2022: not lectured

TU-E0100Research Assignment***5I-II, III-V

*) if not included in other studies

**) course has limited seats

 ***) Recommended for students planning to do their Master's thesis in the Minor. Please contact the responsible professor prior to selecting the course to discuss about the thesis. Possibility to do thesis is subject to permissions from student's degree program and the minor.