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Innovation Management - 3451 |
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Program Summary
Undergraduate Students
The Diploma in Innovation Management is a unique undergraduate program currently being offered by the Entrepreneurs in Science Unit. This program is open to all undergraduate students commencing second year of a four year science-based (or related discipline- see eligibility) degree or combined degree. Students are assessed for admission based on their past leadership and entrepreneurial activities, enthusiasm and academic achievement. The program aims to encourage an entrepreneurial mind-set and provide students with the knowledge and skills needed for developing business opportunities based on scientific innovation. Course material covers areas such as creativity in enterprises, lateral thinking, business principles, basic business planning and planning for new ventures, funding, management and commercialisation of intellectual property, and valuation and assessment of high technology businesses. Students engage in an exercise to set up and run a business venture (in conjunction with Young Achievement Australia) and will participate in case studies with Australian and international entrepreneurs. The lectures, workshops, case studies and tutorials in each of the program's courses are delivered by a well-balanced mixture of university academics and expert industry and government professionals. Postgraduate Students At present, the EIS unit does not offer any formal postgraduate programs. However, current postgraduate science students are able and encouraged to "sit in" on several of the lecture series on offer as part of the Diploma program. Program Objectives and Learning Outcomes The Innovation Management program is primarily directed at empowering future R&D scientists with an entrepreneurial education that will allow them to recognise, evaluate, finance and exploit commercial opportunities in their work. Graduates with the combined qualifications will also be more competitive for all employment opportunities whether they are in academia, research or administration and will have a wider range of career options. Combinations of business and technical skills are required in careers that involve; intellectual property, high technology finance (venture capital) and investment (business analysis), R&D management, corporate management in the biotechnology industry sector; government regulation and administration, and bioscience sales and marketing.
The Diploma is taught concurrently over the student's final 3 years of study and involves 36 units of credit divided into seven formal courses and an industry work placement. To avoid study overload, three of the program's core courses (INOV2100, INOV3100, INOV4001) are delivered in winter or summer sessions. At the completion of 4 to 4.5 years of study, students become eligible for the award of a combined Bachelor of Science and the Diploma in Innovation Management. The industry work placement component is normally undertaken following the completion of the student's Honours program or 4th year of university study.
Please contact the Faculty of Science for information.
For information regarding fees for UNSW programs, please refer to the following web-page: https://my.unsw.edu.au/student/fees/FeesMainPage.html
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