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Electives

Students on the MPhil in Technology Policy choose six electives:

  • two "sectorial & skills" electives
  • two "enterprise stream" electives (focusing on the public or private sector)
  • two "open" electives (drawn from either the "sectorial/skills" or "enterprise stream" lists, or from a select list of other electives)

Students on the MPhil in Technology Policy programme choose two electives from the following sector-specific and skills-based electives:

Strategic Valuation: Uncertainty & Real Options in System Design

This course introduces students to the real options paradigm as a project design and evaluation tool. This paradigm emphasises the value of flexibility in project design and appraisal. For example, a small plant with an expansion option as opposed to building a big plant from the start gives the project manager the flexibility to expand if demand is high, without committing to high capacity a priori, thus avoiding "white elephants". Thus, flexibility has value. Flexibility also, however, costs money. So how much flexibility shall we build into the system? This course gives you with a mindset and a suite of tools to tackle such problems. We expect you to be familiar with probability and statistics at the level of an introductory undergraduate course.

Electricity & the Environment

This course provides a firm foundation in modern electricity policy with an emphasis on the UK, introducing you to a wide variety of mature and emergent electricity generation technologies and exposing you to the local, regional and global environmental effects of energy use. The course also introduces the key considerations of energy policy and develops frameworks by which progress against policy goals may be achieved.

Information Systems

Information technology is seen as having radically changed the internal operations of organisations, the structure of the markets in which they compete and both the opportunities as well as the challenges facing everyone who works in a contemporary organisation. This course critically assesses these changes, and the role of technology in social and organisational change more generally.

Students on the MPhil in Technology Policy programme choose two electives from our enterprise stream (focusing on the public or private sector):

Entrepreneurial Science & Innovation Policy

This module addresses the role of scientific and technological knowledge in advanced economies, the role of universities in modern innovation systems, and their policy implications. Themes addressed in the course include how science and technology are funded; the mechanisms that govern the generation, diffusion and application of knowledge in the economy; how science and technology create value; the economic contribution of universities, and the role they play in the open innovation strategies of firms.

This course examines: the functions of research organisations within national, regional and sectoral systems of innovation; the dynamics of high-tech entrepreneurship in the science base; the rationale for public policy intervention in this domain; and the process of policy development, impact-generation and evaluation linked to public research activities.

Managing the Innovation Process

This course gives future practitioners an overview of some of the topics that have acquired special attention within the areas of innovation and new product development. A dominant characteristic of these topics is their cross-functional nature, which is reflected in the highly interdisciplinary mix of papers presented throughout the seminar.

Management of Technology

This course gives you an understanding of the ways in which technology is brought to market. It does this by focusing on key technology management topics from the standpoint of an established business as well as new entrepreneurial ventures. Strong emphasis is placed on frameworks and methods that are both theoretically sound and practically useful.

We seek to give you: a thorough appreciation of how technology is brought to address market opportunities, and how technology management supports that process; the ability to assess and utilise appropriate technology management methods in different contexts; an understanding of the core issues of technology management and the practical means of dealing with them in an engineering context.

Competitive Strategy in the Digital Age: Platform Markets, Network Effects & the New Rules of Strategy 

In this course you learn how technologies and platforms are developed and leveraged by firms to attain competitive advantage. The course also examines various other challenges that firms currently face including monetisation of online communities, overcoming strategic advantages provided by winner-take-all networks, multi-sided markets, direct and indirect network effects, role of complementors and much more. We discuss real-life cases of a range of industries. Through the application of analytical tools and frameworks in a wide variety of situations you'll become familiar with the various situations in which managers have to craft strategies and the process that they follow to do it.

You must also choose two open electives in consultation with the Technology Policy faculty. These can be selected from the other two elective lists on this webpage or, alternatively, from other relevant courses offered by Cambridge Judge Business School and the Department of Engineering.

The following is a sample of such courses that students have recently taken:

  • Organisational Change, Values & Negotiation
  • Sustainability, Methods & Metrics
  • Sustainable Assessment of Large Infrastructure Projects
  • Policy, Legislation & Government
  • Sustainable Design & Implementation
  • Development Engineering
  • Sustainable Development
  • Accounting & Finance
  • International Business Economics
  • Strategic Management

Please note that the specific content of the programme varies from year to year.

Apply now

Our application process is divided into two steps:

  1. Minimum requirements check
  2. Complete and submit your application

Read more about applying

Closing dates

Deadline for applications: 29 Jun 2017
However we recommend you apply before December.

Cambridge Trusts funding deadlines are 12 October for US applicants, 7 December for applicants from all other countries.

Alumnus Ed Klinger explains what made him choose the Cambridge MPhil in Technology Policy.

Watch the video

Scholarships

Funding available to our MPhil in Technology Policy students includes University of Cambridge scholarships, Cambridge Judge Business School bursaries, and external scholarships.

Find out more about scholarships