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Future Students

New Location - Diploma in Innovation Management - Future Students

The Diploma in Innovation Management (Dip.Innov.Man) is a unique undergraduate program offered by the Australian School of Business, within the School of Strategy and Entrepreneurship. This program is open to all undergraduate students commencing second year of a Bachelor degree. It is the first of its kind to bring together students from all Faculties under the one program.

If you are in 1st year, look at the Study Plan below and see what courses you are able to undertake in the Diploma. If you do have free space, you are encouraged to undertake STRE2010 Innovation and Entrepreneurship, as it is a core course (so you can get a head start). If not, there is nothing you are required to do now, just keep on the look-out for information in you relevant Faculty regarding information sessions and enrolment procedures towards the end of semester 2, 2010.

If you are in 2nd year already – you are strongly encouraged to do STRE2010 as this will place you in a position to be in line with Diploma Students starting in 2011.

If you are in 3rd year, there is little time left in your degree to be able to accommodate the Diploma studies, should you wish to finish it at the same time as your Bachelor degree. If you would like a personal consultation to discuss this, please feel free to contact our office on 9385-1214 or eis@unsw.edu.au.

Study Plan for ASB Administered Diploma in Innovation Management

ASB Administered Diploma Study Plan

Do you have questions? Have a re-read of the above material and keep an eye out for Diploma marketing toward the end of Semester 2, 2010.

Please note: the below information is pertinent for Faculty of Science Diploma in Innovation Management students. Information relating to the ASB administered Diploma will be available towards the end of 2010.


The Entrepreneurs in Science Unit offers a range of study programs in Innovation Management primarily targeting undergraduate science students as well as catering to postgraduate science students.


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. 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.

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.

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.

Postgraduate students

The EIS Unit currently teaches the Graduate Certificate in Research Management and Commercialisation. The program is designed for students of all fields and disciplines and is particularly suitable for students currently enrolled in postgraduate research degrees (PhD and Masters) as well as those students who are considering, or are currently active in, research based careers. The program provides students with the business and management skills, knowledge and acumen required to effectively design, initiate, manage and implement R&D projects that are compatible with commercial imperatives.

Graduates can also expect to have a competitive advantage for the more common alternative career options for research trained graduates, including; corporate management, venture capital, banking, intellectual property management, business analysis, sales and marketing, regulation and administration. Course material covers the range of technical, academic, business, IT and management skills that a research manager requires for professional and commercial success. General areas of study include; creative and lateral thinking; market and technical evaluations; strategic, project and business planning; intellectual property management; options for research and business funding; project and people management; marketing and negotiation; government regulation and administration procedures and policy; and research ethics.

Assessment is weighted towards performance in the process sections (tutorials, workshops and assignments) with a minor percentage based on exam performance (fundamental lecture material). All assignments are based on the student's own current research efforts or ambitions. Please click on the following links for the program structure and entry requirements.

For more information about the program please contact us.

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