Innovation Management - 3451

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 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, business principles, business 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 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.

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 science-based commercial opportunities. 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 (UOC) 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.

Note: BIOT3071 and BIOT3091 courses can be taken as part of the B.Sc. program providing approval is given by program authorities and/or Science Student Office.

Any combination of the following courses to achieve the required 36 UOC attributable to the Diploma in Innovation Management

Note: For the award of the Diploma in Innovation Management, students must complete all core courses in the study plan as well as an Innovation in Practice course at an appropriate UOC level. Students who take BIOT3071 and BIOT3091 courses as part of their B.Sc. program must complete Innovation in Practice courses at a sufficient UOC level to meet the total 36 UOC requirement for the award of the Diploma.

Please contact the Faculty of Science for information.

For information regarding fees for UNSW programs, please refer to the following website:  https://my.unsw.edu.au/student/fees/FeesMainPage.html