1. Madrid Milan Stockholm International Master of Industrial Management Universidad Politecnica de Madrid (Spain) Erasmus Mundus Scholarships Full Funding (Non EU-students) Politecnico di Milano (Italy) Royal Institute of Technology (Sweden) IMIM Scholarships 9000 Euro (EU or Non EU-students) Term 1 Term 2 Term 3 Regular Fee 18 000 Euro Term 4

2. First Semester: Madrid - Spain Foundations of Management and Finance Introduction to the Organizations Marketing and e-commerce Technology Strategy Economic Environment Financial and Managerial Accounting Capital Markets and Corporate Finance Options and their Applications Second Semester: Milan - Italy Operations, Quality, Supply chain management • Supply Chain Mgmt: logistics and distribution • Supply Chain Mgmt: sourcing and purchasing    • Supply Chain Mgmt: integrated planning and control    • Total Quality Mgmt & Productive Maintenance • Operations Management • Operations and Supply Chain Strategy  Third Semester: Stockholm - Sweden Integrative Themes • Performance and Cost Analysis • Leadership in Cross-Cultural Context    • Industrial Project Management    • Advanced Industrial Marketing     • Qualitative Research Methodology Fourth Term: Stockholm / Milan / Madrid • Thesis work

3. Applied 3 times Incremental improvement of application Approved May 2005 5000 euros/year as fixed amount + 1600euros/month From 15 to 200 applications Substantial Bureaucracy Heavy Administration Important with experienced Coordinator in consortium ERASMUS MUNDUS

4. Lessons learned Establish solid routines early in relation to students as well as to other partner Schools Master Thesis in Industry crucial and problematic Difficult to enroll students due to relatively high fee (18 000 €) Effective marketing required IMIM Consortium