Master of Science in

Management, Technology, and Economics

MSc ETH MTEC

The ETH Master of Science
in Management, Technology, and Economics

A Wise Connection.
 Welcome
2 MSc ETH MTEC  Master of Science ETH in Management, Technology, and Economics

to ETH Zurich.
MSc ETH MTEC  Master of Science ETH in Management, Technology, and Economics 3

“The combination of natural sciences, technology, management,

and economics is a unique feature of D-MTEC. The department
truly combines academic excellence and a strong engagement
with practice. As a result, D-MTEC students bring sound the-
oretical knowledge of practical applications as well as a good
sense for economic relevance to the the firms they join and get
things done.”
Dr Markus R. Neuhaus
Chairman of the Board of Directors, PwC, Switzerland

About ETH Zurich Our faculty combines scholarly excellence and a constant engage-
ment with practice. D-MTEC delivers methodological as well as
ETH Zurich – the Swiss Federal Institute of Technology – was specialised practical expertise in management, economics, in-
founded in 1855 and has long been recognised as a global leader novation, sustainability, system dynamics and risk. Much of our
in research and education. Excellent conditions for learning and research and teaching aims at improving the understanding of
research, state-of-the-art facilities on two campuses in Zurich, the role of technology in society, industry, organisations, and the
and an attractive urban environment provide an ideal setting for lives of individuals.
some of the brightest minds in the world. Currently more than
22,000 students from over 120 countries are enrolled at ETH Zu-
rich, including 4,180 doctoral students. About the MSc Programme

ETH Zurich offers 24 different three-year Bachelor’s programmes. The MSc ETH MTEC is a four-semester, full-time programme for
Each of these is followed by a consecutive Master’s programme ambitious students who hold Bachelor’s degrees in engineering
of one-and-a-half or two years’ duration. or the natural sciences.

In addition, specialised Master’s programmes offer the oppor- The programme delivers comprehensive training in management
tunity to focus on interdisciplinary or emerging subject fields. and economics. Building on our students’ knowledge in engineer-
Master’s programme graduates wishing to pursue a career in ing and the natural sciences, we provide a solid foundation for
research can continue on to doctoral programmes. developing systemic solutions to complex professional challenges.
D-MTEC alumni add value to organisations by building bridges
between departments, disciplines, and cultures.
About the Department of Management, Technology,
and Economics Cross-sector collaboration and entrepreneurial thinking are criti-
cal components of business leadership in the new millennium. Our
ETH Zurich comprises 16 departments. The facilities of the De- programme takes pride in having strong contacts and frequent
partment of Management, Technology, and Economics (D-MTEC) interaction with key decision makers in business and public gov-
are located right in the heart of Zurich near the historic ETH main ernance.
building. More than 20 professors, about 100 postdocs and senior
researchers, and 150 doctoral candidates represent a wide range The annual Entrepreneurial Leadership Seminar offers students
of research areas and support about 400 MSc and MAS students. the opportunity of to work on a real-life case involving strate-
Apart from our highly competitive Master of Science (MSc) pro- gy, innovation, and leadership in close collaboration with the top
gramme, the department offers various continuing education pro- management of an outstanding company. Our voluntary Mentoring
grammes, and provides extensive service teaching for ETH as a Programme connects students with D-MTEC alumni and indus-
whole. In addition, D-MTEC offers doctoral programmes with a try experts. An international student body with a wide range of
focus on economics, management, risk, and innovation. backgrounds, peer-to-peer learning, study visits, and an indus-
trial internship are part of the MSc MTEC experience and prepare
D-MTEC appears in several international university rankings. In students to take on leadership positions in industrial, consulting,
the 2021 Times Higher Education World University Rankings, it is and technology-intensive organisations. ■
ranked 12th worldwide in the subject area of business and eco-
nomics.
4 MSc ETH MTEC  Master of Science ETH in Management, Technology, and Economics

A Strong Programme.

Basic Features

120 credit points (CP) are required to earn a Master of Science in Management, Technol-
ogy, and Economics (MSc ETH MTEC). According to the European Credit Transfer System
(ECTS), each credit point corresponds to approximately 25-30 hours of work. Generally,
the programme takes four semesters to be completed. In most cases, classroom course
work is completed in the first three semesters of the programme. The programme typ-
ically finishes with a 6-month Master’s thesis project, often in cooperation with an in-
dustry partner or at one of our worldwide partner universities.

Topics for Master’s theses can be found on the websites of the

programme-associated institutes and chairs:
www.mtec.ethz.ch/the-department/chairs-centres-institutes
MSc ETH MTEC  Master of Science ETH in Management, Technology, and Economics 5

Curriculum Structure

Core Courses (> 51 CP) Industrial Internship (6 CP)

These courses provide a strong foundation in six skill areas of The internship lasts at least 10 weeks and can be completed
management and economics (see p. 6). either before or during the Master’s programme.

Elective Courses (> 10 CP) Freely Selectable Courses (11 CP)

You can choose complementary electives from the Course Cata- You can choose from a range of additional core, elective, and
logue of D-MTEC. supplementary courses.

Supplementary Courses (> 12 CP) Master’s Thesis (30 CP)

These courses aim to deepen knowledge acquired during your It is possible to write both practice- or research-oriented Mas-
Bachelor’s studies in the areas of engineering and/or the natu- ter’s theses in cooperation with industrial partners or abroad. ■
ral sciences.

“D-MTEC offers a unique

combination, allowing you to study
both technology and its impacts
on business, the economy and our
society. The programme provides
you with a profound knowledge
of economics and, at the same
time, with cutting-edge analytical
skills. It offers an education that is
highly sought after in the modern
business world. The department’s
broad spectrum of research
is reflected in the diverse
backgrounds of its students.”
Yannick Bormuth
MSc ETH MTEC Student
OBIS President
6 MSc ETH MTEC  Master of Science ETH in Management, Technology, and Economics

“In my studies at D-MTEC I could complement my

technical background with strong business capabilities.
The combination of analytical skills together with
fundamental knowledge about systems thinking and
entrepreneurship allowed me to understand the
emergence of new business opportunities and the
interplay of technical, social, and market dynamics.
Such skills were fundamental for starting my career and
building up start-up companies.”
Peter Stein
MSc ETH MTEC Alumnus
Head of Venture Architects at Sparrow Ventures

Develop Your Skills

Skill Areas

MSc ETH MTEC students acquire a comprehensive set of knowledge in six skill areas:

General Management and Human Resource Management Quantitative and Qualitative Methods
Responsibilities, functions, and organisation of a company; for Solving Complex Problems
strategic management; business excellence; leadership; Methods for dealing with complex situations; complex sys-
job and organisational design; work and health; organisa- tems and organisational dynamics; operations research
tional development; human-technology interaction. methods; empirical research methods; basics of project
management.
Strategy, Markets, and Technology
Innovative product, service, and process design; con- Micro and Macroeconomics
cepts and methods of strategic management; corporate Energy economics; resource economics; innovation eco-
sustainability; technology transfer; process management; nomics and technical change; dynamic economic theory;
innovation marketing; management of innovation projects; sustainable development; global economic interdepend-
entrepreneurship; cooperative innovation and co-creation. encies; applied macroeconomics; business cycle research.

Information Management and Operations Management Financial Management

Design, control, and further development of value-adding Managerial economics aspects of business activities;
systems and processes in companies and company net- balance and profit calculation; investment appraisal; cost
works; supply chain management; logistics management; calculation; profitability and liquidity; financial and entre-
planning and control of business performance; manage- preneurial risks. ■
ment and processing of information; design and imple-
mentation of information systems.

For individual courses please consider our website and the ETH Course Catalogue:
www.mtec.ethz.ch/studies/programme-details | www.vvz.ethz.ch
MSc ETH MTEC  Master of Science ETH in Management, Technology, and Economics 7

Peter Egger Hans Gersbach Marko Köthenbürger Jan-Egbert Sturm

Professor of Applied Professor of Professor of Public Professor
Economics: Innovation Macroeconomics: Economics of Applied
and Internationalisation Innovation and Policy Macroeconomics

Economic Dynamics

Michael Ambühl Bart Clarysse Gudela Grote Petra Schmid

Professor of Professor of Professor of Work Professor of
Negotiation and Conflict Entrepreneurship and Organizational Organizational
Management Psychology Behavior

Human and Entrepreneurial Behaviour

Lucas Bretschger Robert Finger Massimo Filippini

Professor of Professor of Professor of Energy
Economics /​ Resource Agricultural Economics and Public Economics
Economics and Policy

Natural Resources

Stefan Feuerriegel Elgar Fleisch Torbjørn Netland Stephan Wagner

Professor of Professor of Professor of Production Professor
Management Information and Operations of Logistics
Information Systems Management Management Management

Supply Chain and Information Systems

Antoine Bommier Ursula Renold Frank Schweitzer Didier Sornette

Professor of Integrative Professor of Education Professor of Systems Professor of
Risk Management and Systems Design Entrepreneurial
Economics Risks

Systems Design and Risks

Stefano Brusoni Volker Hoffmann Georg von Krogh Florian von

Professor of Professor of Professor of Strategic Wangenheim
Technology and Sustainability and Management and Professor of
Innovation Management Technology Innovation Technology
Marketing

Technology and Innovation

A World-Class Faculty

“At D-MTEC we systematically translate the results of our

research into our teaching. Complementary inputs from practice
and from our students with their highly diverse disciplinary and
cultural backgrounds also contribute to a far-reaching learning
experience. This co-creative approach to developing expertise
in and outside the classroom is rewarding for both our students
and our faculty.”
Professor Gudela Grote
Chair of Work and Organizational Psychology at D-MTEC
8 MSc ETH MTEC  Master of Science ETH in Management, Technology, and Economics

Global Relations
The Department of Management, Technology, and Economics strongly supports the international mobility of its
Master’s students. As a member of the IDEA League, UNITECH, and the IARU International Alliance of Research
Universities, ETH provides unique international exchange opportunities. Up to 30 credit points can be earned
toward the MSc by engaging in international exchange programmes.

“Having made this incredible D-MTEC journey allowed me to choose

from among several career paths, which is typical for D-MTEC
graduates. These opportunities included working as a data scientist
in the finance industry, teaming up with other fellows to start my own
venture, working as a strategy and analytics consultant or joining a tech
company in Silicon Valley.”
Lukas Falcke
MSc ETH MTEC Alumnus
Research Associate and PhD Candidate University of St Gallen

“D-MTEC provided me with the ideal platform to design my own

curriculum and pursue my passion for business and technology.
During my time at ETH, I developed new technologies with Walt Disney
Imagineering, led a digital transformation at one of Switzerland’s
largest fresh food distributors, and had the amazing opportunity to
complete my Master’s thesis abroad with leaders in the field of 3D
printing at Harvard University. These experiences were the highlight of
my studies and, combined with the strong academic programme, were
instrumental in providing me with a set of skills preparing me for the
future.”
Michael Eriksson
MSc ETH MTEC Alumnus
Associate Bain Capital Credit
Student Life
A Great Place to Study The ETH Experience

Zurich is consistently rated as one of the best places in the ETH student associations such as the Organisation of Business
world to live. The city is situated on beautiful Lake Zurich with and Industrial Engineering Students (OBIS) are strong partners
the Alps less than an hour away. in your education beyond the classroom.

The city of Zurich provides a clean and safe environment, has an ETH Zurich itself offers a wide variety of sports, music, recrea-
excellent public transportation system, and a high standard of tional, and continuing education opportunities. An overview can
living. be found at:
www.ethz.ch/en/campus
The city has an international flair and offers many cultural activ-
ities as well as a vibrant night-life. Most Swiss are multilingual Brochures on every topic of life in Zurich:
and English is often the language of choice. www.zh.ch/welcome ■

Although German is not required for the Master’s programme,

some knowledge will make navigating the city and the universi-
ty easier. Free language courses for students are offered at the
Language Center of UZH and ETH Zurich:
www.sprachenzentrum.uzh.ch

Detailed information for international Master’s students:

www.ethz.ch/en/studies/master

For immigration and visa issues please consult:

www.ethz.ch/en/studies/international-immigration-housing
10 MSc ETH MTEC  Master of Science ETH in Management, Technology, and Economics

Join the MSc ETH MTEC

How to Apply Tuition and Cost of Living

The MSc ETH in Management, Technology, and Eco- The tuition fee is 799 Swiss Francs per semester.
nomics welcomes applications from students hold- However, students need to budget about 21,000 Swiss
ing a Bachelor’s degree in fields such as engineering, Francs (19,000 Euros) per year for living in Zurich (ac-
physics, mathematics, computer science, technology, commodation, meals, health insurance, etc.). A limited
and other natural sciences from an internationally number of scholarships are available for applicants
recognised university. with outstanding academic records.

Details on qualifying Bachelor’s degrees and additional www.ethz.ch/en/studies/financial

requirements as well as application deadlines and details
on admission: Details on scholarships at D-MTEC
www.ethz.ch/en/studies/master/application www.mtec.ethz.ch/studies/admission/excellencescholarship

“The D-MTEC programme

is not only about classes;
it also offers contact to
industry through guest
lectures and numerous on-
campus events. Moreover,
I found the diverse
backgrounds of students,
both in terms of education
and nationality, particularly
enriching.”
Anna Saur
MSc ETH MTEC Alumna
Supply Planning Specialist
Director of Studies
Professor Stefano Brusoni

Chair of Technology and

Innovation Management
Weinbergstrasse 56/58
8092 Zurich, Switzerland

Coordinator of Studies
Dr Bastian Bergmann

MSc ETH MTEC

Weinbergstrasse 56/58
8092 Zurich, Switzerland
+41 44 632 63 34
[email protected]

www.mtec.ethz.ch

Publisher: Department of Management, Technology, and Economics

Editors: Dr Sonja Ripperger
Layout: Sebastian Wagner
Images: Cover: Oskar Enander. Page 2: ETH Zürich / Alessandro Della Bella.
Page 4-5: ETH Zürich / Gian Marco Castelberg. Page 7 portraits: ETH Zürich /
Giulia Marthaler. Page 8-9: Simo Räsänen. Page 10: flickr/computerart.
Print: druckmanufaktur

© ETH Zurich, February 2021