University of Toronto MMI

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Master of Management of Innovation University of Toronto Mississauga

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Master of Management of Innovation

Transcript of University of Toronto MMI

Page 1: University of Toronto MMI

Master of Management of Innovation

University of TorontoMississauga

Page 2: University of Toronto MMI

Director’s Message

Innovation is becoming a bigger and bigger part of the economic engine. The management of the

innovation process and the selling of the products of that process are increasingly important for

many firms, organizations and government bodies. Hence the development of this innovative master

degree program at the University of Toronto. The program brings together many of the strengths of

the University from the Faculty of Medicine and Management as well as many other departments.

The program is very selective in its intake and caters to the needs that many industry leaders have

communicated to us.

Graduates of MMI are well situated to take part in many and varied opportunities that have been and

are arising in the innovation process. We expect our future graduates to take leadership roles in this

exciting area as many alumni have already done so.

Assistant Professor of Strategic Management & MMI Director,Alberto Galasso

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Overview

About The ProgramThe Master of Management of Innovation (MMI) Program is jointly offered by the Department of Management,

University of Toronto Mississauga and the Institute of Health Policy, Management and Evaluation, Faculty

of Medicine. Students successfully completing the 12 month program graduate with a MMI degree from the

Faculty of Medicine, University of Toronto.

Designed for people with a background in science and technology, the Master of Management of Innovation

was developed in consultation with leaders and future employers in industry, government and research.

This accelerated twelve month professional degree is for individuals pursuing management careers in

technology-focused organizations.

Career opportunities for graduates include:• R&D/innovationmanagementwithinuniversities,researchinstitutesandcorporations

• Innovationmanagement:salesandmarketing

• GovernmentrelationswithinindustryPublicpolicy

• Industryanalyst

• Governancefortechnologypolicydevelopment

• Publicorindustryadministrationwherefocusisonscienceortechnologydivisions

• Consulting

• Hospitalorhealthcareadministration

• Pharmaceuticalorbiotechcareers

Whoshouldapply?Studentsgraduatinginanyoneofmanydisciplines:science,healthsciences,engineering,

information technology or any technical or science driven academic background.

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Our Program At Its CoreThe program has a twelve month structure consisting of an intensive eight month, academic core course requirement, focused on management, economics and a choice of four electives.

The core of the program focuses on the following areas:• MMI 1010H Prices and Markets

• MMI 1020H Applied Econometrics for Managers

• MMI 1060H Finance

• MMI 1050H Accounting & Negotiations

• MMI 1030H Marketing Science

• MMI 1070H Economics of Business Strategy

• MMI 1080H Management of Technology

• MMI 1090H Technology Strategy and Policy

• MMI 1100H Group Project (Student Driven)

The curriculum provides a strong foundation in economic analysis, technology management, business strategy, finance,

accounting and marketing, and policy. The program provides knowledge, skills and strategic perspectives required for

leaders, and senior managers responsible for managing the innovation process. This is done through small classes

and research seminars that support interactive learning and maximum student-faculty dialogue. Students are given

the option to take their electives from a wide array of courses, across many disciplines at the University of Toronto

including management or health care. With each elective approved in advance by the program, students let their

individual interests guide their personal elective selection.

As a capstone course, the final Group Project is worked on from May - August. The focus of the project is to create a

solution for a real problem faced by an organization today. Utilizing skills and knowledge gained over the course of

study in the MMI program, the Group Project provides students the opportunity to hone their ability to transfer learning

to the corporate environment. The capstone course portion of the program is similar to an internship. Students

are responsible for making contact with organizations, getting their Group Project approved by the program and

completing all that is necessary in providing a superior business solution.

MMI provided me with the necessary

management principles required to be an

attractive candidate for a leadership position in the job

market. Case studies, group projects and a top

industry placement were outlets for me to apply

what I was learning from faculty and my peers.

Michael Masson, MMI 2008, Analyst, Risk Management and

Corporate Compliance, BMO Financial

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Some companies we have worked with:• HATCHLtd. • AMGEN

• CentreforInnovationinComplex • Associated Engineering

Care(CICC)TorontoGeneralHospital • GlaxoSmithKline Inc.

• MinistryofHealthandLong-TermCare • IBM

• Bayer Inc.

HATCH ScholarshipsThankstoagenerousdonationbyHATCHLtdweareabletoaward2scholarshipstoselectedengineeringstudents

entering the MMI program. Each scholarships is worth up to $6,000.

Team BuildingTo enhance and encourage the group experience, and group thought process, students must participate in a program

organized, wilderness retreat, prior to the start of the school year. The retreat focuses on strengthening and building

teamwork and leadership skills. The MMI program puts students into teams that allow learners to replicate a typical

business working environment. Throughout the program, students work in teams applying skills learned at the retreat

and work toward continuously improving team dynamics during the entire program.

Networking & Career DevelopmentMMI program participants are provided with many networking and career development opportunities. Students are

invited to participate in externally arranged networking events as well as career and network building workshops

throughout the year. Focusing on the importance of career development and skill enhancement, we have developed a

numberofcareerworkshopsdesignedespeciallyforourMMIstudentscalled,CareerDays.Theseinteractivesessionsare

led by professionals with both a strong understanding of the career development process as well as the needs of the

ever changing labour market. Through participation in the series, students are better able to identify their strengths

andmarkettheskillsgainedthroughtheirstudiesandGroupProject.TheoutcomeoftheCareerDaysisthatstudents

are better prepared for the market place.

Being a graduate student in the MMI program

has been a once in a lifetime experience. Now

that I am approaching graduation and all my expectations

have been met, I am sure that applying for this

program was the best decision I could have ever made.

Daniel Leon, MMI 2011

Planning and Development

Engineer, Social Security Agency

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Sample Electives

MMI Electives Students are encouraged to select electives that allow them to focus on their individual areas of interest. For this

reason the MMI program does not impose a set selection of electives for students to choose from. Students are free to

choose from all graduate courses across all disciplines at the University of Toronto. All selections are subject to approval

inadvancebytheProgramDirectorandtheChairofthehostdepartment.

Some Sample ElectivesHAD 5010H Canada’sHealthSystemandHealthPolicy

HAD 5741H HealthLaw

IRE 1610H IndustrialRelations

POL 2307H PoliticalEconomyofTechnology:FromtheAuto-IndustrialtotheInformationAge

BTC 1600H SeminarsinBioscience/Biotechnology

APS 1001H Project Management

JPG 1407H Efficient Use of Energy

JEI 1901H Technology, Society and the Environment

PLA 1601H EnvironmentalPlanning

CHL 5411H InternationalHealth

PLA 1503H PlanningandSocialPolicy

ENV 1001H Environmental Decision Making

MIE 5561H Decision Analysis

The program provides knowledge, skills and strategic

perspectives required for leaders, and senior managers

responsible for managing the innovation process.

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Campus At A Glance

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U of T Mississauga Campus Map

01.Recreation,Athletics&WellnessCentre

02. William G. Davis Building

03.KaneffCentre&BlackwoodGallery

04.StudentCentre

05.Communication,Culture&TechnologyBuilding

06.HazelMcCallionAcademicLearningCentre&Library

07. Erindale Hall

08. North Building

09. Erindale Studio Theatre

10.SchreiberwoodResidence

11.RoyIvorHall

12.OscarPetersonHall&ColmanCommonsDiningHall

13.McLuhanCourtResidence

14.PutnamPlaceResidence

15.LeacockLaneResidence

16.MaGrathValleyResidence

17. Alumni House & Parking Office

18. Argos Practice Facility

19. Engineering & Grounds Building

20. Forensic Anthropology Field School

21.PaleomagnetismLab

22.Lislehurst

23.EarlyChildCareCentre

24.TerrenceDonellyHealthScienceComplex

25.InstructionalCentre

26. Academic Annex

27. Grounds Building

A great education requires student support services

that help you focus. University of Toronto Mississauga is

committed to furthering student success by providing

exceptional services and resources.

Miss. Transit stop

Shuttle stop

Parking

Metered parking

Underground metered parking

Metered parking restricted times

Missiassauga Transit StopP

SS

M

MR

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Useful Links

MMI Website www.utm.utoronto.ca/mmi

School Of Graduate Studies www.sgs.utoronto.ca

Institute of Health Policy, Management & Evaluation www.ihpme.utoronto.ca

University Of Toronto Mississauga www.utm.utoronto.ca

OSAP www.osap.gov.on.ca

University Of Toronto Mississauga Shuttle Schedules www.utm.utoronto.ca/shuttle

Mississauga Campus Maps www.utm.utoronto.ca/maps

Mississauga Transit U-Pass www.utm.utoronto.ca/upass

Graduate Student Housing www.utm.utoronto.ca/housing

RIC Centre www.riccentre.ca

Mars www.marsdd.com/index.html

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Above providing me with the competitive

edge pivotal to my medical school acceptance, MMI has

given me the tools, experiences, and contacts

necessary to ensure success as a physician manager.

From clinical practice management to hospital

administration, the opportunities are endless.

Anthony DiFonzo, MMI 2009, Medical Student,

Faculty of Medicine, University of Toronto

The MMI program allowed me to build a

comprehensive skill set in business and

innovation management to complement my

scientific background. It also refined my

understanding of the role of Research &

Development in the success of a company.

My experience in the program

has opened the door to a dream job,

allowing me to reach my full potential

in an exciting career.

Elena Grouios, MMI 2010

Associate Scientist, Kraft Canada

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How To Apply

Application RequirementsThe Master of Management of Innovation Program accepts applications every year beginning November 15th and

closing February 15th. We encourage you to apply early, as applications are reviewed on a rolling basis.

Applications are done online through the School of Graduate Studies at the University of Toronto:

https://apply.sgs.utoronto.ca You will find MMI listed under the Faculty of Medicine IHPME.

Please be prepared to provide the following:1. The School of Graduate Studies charges an application fee at time of application. Your application will not be forwarded to us until paid and all documents have been submitted.2. The School of Graduate Studies must receive payment for your application by February 15th and all application

materialsbyFebruary28th,beforetheMMIAcademicReviewcommitteewillreviewyoursubmissionandinvite

selected applicants for panel interviews.

3. If accepted you will be required to pay a $1500 nonrefundable deposit to secure your place in the Program.

4. A one page single spaced application letter outlining why you are interested in MMI and why you think the

program is a good fit with your future career goals.

5. Resume/CV.

6. Two academic letters of reference. There is no set form for the letters of reference.

7. Applicants must have at least a “B+”, U of T equivalent average, in order to be considered for the MMI program.

8. Official transcripts (from each post-secondary institution that you have attended) mailed directly to the program.

9. GMAT/TOEFLscoresonlyifyourundergraduatedegreeisnotfromaNorthAmericanorEnglishinstructionuniversity

or college. (Quebec exempted)

We thank you for your interest in the Masters of Management of Innovation program and look forward to reviewing

your application materials.

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Alberto Galasso•B.A.,M.A.,•Ph.D.(LSE)•Director,MMIProgram

Core Faculty

Mihkel M. Tombak •B.A.Sc.,M.A.,M.B.A.•Ph.D.(Wharton,UPen)•HATCHChairin Technology Management & Strategy

Tanjim Hossain•B.A.,B.S.,M.A.•Ph.D.(Princeton)

Nicola Lacetera•B.A.•Ph.D.(M.I.T.)

Gábor Virág•B.A.,M.A.•Ph.D.(Princeton)

Manfred S. Schneider•B.Com.,CA,CFP,M.B.A.,J.D.• (UofT)

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Master of Management of Innovation Department of Management, University of Toronto Mississauga3359MississaugaRoadNorth,KaneffCentre,Room207,Mississauga,OntarioL5L1C6Canada

Tel:+19055694743,Fax:+19055694397Email:[email protected],Web:www.utm.utoronto.ca/mmi

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