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MG250: Management and Economics of Digital Innovation

Subject Area: Business and Management

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Course details

  • Department
    Department of Management
  • Application code
    SS-MG250
Dates
Session oneNot running in 2023
Session twoOpen - 10 Jul 2023 - 28 Jul 2023
Session threeNot running in 2023

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We are accepting applications. Apply early to avoid disappointment.

Overview

Digital innovations transform the ways in which companies and individuals create and share information, offer innovative value creation propositions, define new economics patterns, and make possible unique business models.

Analysing the core managerial and economic strategies underpinning the success of the most recent digital innovation such as platforms and ecosystems; artificial intelligence algorithms; blockchain technologies; and gamification.

The course provides unique resources to understand how digital innovations change the economic dynamics of the contemporary economy and e-business practices.

Key information

Prerequisites: A university-level introductory course in management, economics, business studies, marketing, information systems or computer science. Students would benefit from some knowledge of elementary business and information technology.

Level: 200 level. Read more information on levels in our FAQs

Fees: Please see Fees and payments

Lectures: 36 hours

Classes: 18 hours

Assessment: One written examination and coursework

Typical credit: 3-4 credits (US) 7.5 ECTS points (EU)

Please note: Assessment is optional but may be required for credit by your home institution. Your home institution will be able to advise how you can meet their credit requirements. For more information on exams and credit, read Teaching and assessment

Is this course right for you?

This course is suitable for students hoping to gain a good understanding of how successful companies are taking advantage of digital innovations, as well as an understanding of the main challenges and risks associated with digital innovations models and strategies.

Please note, this is a management course, and not a technical course, and is mainly directed at undergraduate students. It focuses on the effective application of digital innovations in business. 

Outcomes

  • Understand what digital innovation is and how it shapes the contemporary economy.
  • Learn the fundamental theories, framework, and strategies of management and economics that underpin digital innovations and business evolution.
  • Understand how leading cases of digital innovations generate value and the associated challenges.
  • Recognise the complexity of factors that shape digital innovations business models.

Content

Anna-Kate Braithwaite, Australia

My course at home has been quite book-focused, so being able to gain some practical skills from the LSE Summer School course was a really good way to segue into a career. The teaching quality was fantastic- I’ve learnt a lot that I will be able to apply to my academics in my hometown and beyond.

Faculty

The design of this course is guided by LSE faculty, as well as industry experts, who will share their experience and in-depth knowledge with you throughout the course.

Dr Antonio Cordella

Associate Professor in Management

Department

LSE’s Department of Management unites four subject areas – Employment Relations and Organisational Behaviour, Information Systems and Innovation, Managerial Economics and Strategy, and Management Science. It thereby combines the study of business and management with LSE’s renowned social sciences perspective. LSE is ranked 3rd in the world for social sciences and management (2022 QS World University Rankings) and the Department of Management, along with the Departments of Accounting and Finance, was ranked as the UK leader for Business and Management Studies in the most recent Research Excellence Framework.

Our world-class record of multidisciplinary management research gives students a solid understanding of the global business environment. Whether learning the fundamentals of management or gaining advanced insights into specific aspects of strategy, negotiation, marketing or human resources, students will develop a competitive edge for their future career.

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Applications are open

We are accepting applications. Apply early to avoid disappointment.