Our policy
The plan is envisaged to be a “living document” that express the Board’s decision to ensure that the Foundation is and remains characterised as a Public Benefit Organisation in the long term and that permits the Foundation Board to have the Policy Plan reviewed at least once every 3 years.
Activities
Presently, EIT InnoEnergy organises seven MSc programmes (hereinafter “InnoEnergy Master’s Programmes”) in collaboration with some of Europe’s top technical universities and business schools. The role of the Master School Management is to gather all seven master programmes under the same umbrella and thereby homogenise processes, including student application/evaluation/admission, coordinate quality improvement actions, coordinate marketing and bench-marking towards external educational programmes, and design, implement and execute the Master School dashboard for monitoring at all possible levels. As from 2017, all these activities have been transferred to the Foundation.
The aim is to have around 200-250 new students per year to the seven EIT InnoEnergy Master’s programmes. Since 2017, the following activities will be organised or funded by the Foundation for the enrolled students:
Tuition fees to universities
Students participating in EIT InnoEnergy Master’s programmes are required to pay a participation fee of up to €18.000, €14.000, €13.000 or €8.000 per academic year for the intake 2023/2024. The amount depends on whether the student receives a partial waiver or not. This participation fee will be used to cover both the tuition fee for the universities where the students will study and the organisation of the added-value activities in the programme. Self-paying students will pay this fee to the Foundation. For scholarship students, the Foundation will receive an EIT grant to cover these costs.
Added-value activities for students to universities
Each EIT InnoEnergy Master’s programme organises a specific set of ´added-value activities´ for students, focusing on entrepreneurship, innovation and personal development. They consist, for example, of Entrepreneurship Summer Schools at ESADE, Innovation and Entrepreneurship journeys or case-study training.
The costs of these activities will be financed for all students in the EIT InnoEnergy Master’s programmes. For self-paying students, the costs will be covered from their participation fees. For scholarship students, it will be covered by the EIT grant.
Monthly allowances to students
Through EIT InnoEnergy, the Foundation receives sufficient funding to award a monthly allowance to a certain number of students in each EIT InnoEnergy Master’s programme up until intake 2021/2022. This monthly allowance, which consists of €750/month for maximum of 24 months, should be sufficient to allow students to focus on their studies in sustainable energy and entrepreneurship.
Master’s School Management and Marketing
The Foundation will also be responsible for the joint activities in the Master School (i.e. the Master School Management). This has both an operational and a more strategic side consisting of the coordination and implementation of activities initiated at central level for Teachers and Students, as well as building EIT InnoEnergy’s identity in the education communities while also strengthening the common aspects of the Master School.
Operations
- Marketing the EIT InnoEnergy Master’s programmes: These will be marketed through the common brand EIT InnoEnergy Master School.
- Coordinating the Admissions Office and evolving the admission procedure.
- Student administration related to invoices, payment of monthly allowances and student agreements for all students.
- Organising central activities for the students in the EIT InnoEnergy Master’s programmes, such as Connect event (bringing together students) and graduation ceremonies.
- Organising central activities for teachers engaged in the education, such as an annual Teachers Conference and a Teachers Benefit programme.
- Collaboration with Career Center and CommUnity.
Development
- Improving the EIT InnoEnergy Master’s learning experience in the programmes and beyond by, for example:
a) Further developing the Challenge Driven approach in Master’s programmes
b) Establishing the EIT InnoEnergy Knowledge Repository
c) Supporting teachers in the development of digital learning material - Quality Assurance & Best Practices development
- Long-term sustainability