Innovation Management is a field that promotes corporate innovation and includes processes that allow a company to innovate strategically. It encompasses key areas such as context, leadership, planning, support, operations, evaluation, and improvement of innovative ideas. Innovation Management deals with discovering new services and technologies, promote a brand, and foresee market trends.
Programs in innovation management concentrate on the production and transformation of innovative ideas into business results. It provides cutting-edge expertise on innovation management in all its commercial, societal, industrial, technological, and legal facets. It also includes concepts like creativity, project management, portfolio management, and other aspects and skills of innovation management. Students will gain an in-depth understanding of the Innovation Management techniques and models.
Like many other fields, innovation management includes a wide range of degrees from undergraduate to doctoral degrees. As one progresses, these degrees get more advanced with a variety of personalised specialisations or electives.
The various types of innovation management degrees include:
Bachelor of Arts (B.A) in Management
Bachelor of Arts (B.A) in Business Administration and Digital Innovation
Bachelor of Commerce (BCom)
Bachelor of Science (B.Sc.) in Product Design and Innovation
Bachelor of Engineering in Innovation Engineering
Bachelor of Business Administration (B.B.A) in Entrepreneurship and Innovation
Master of Arts (M.A) in Management
Master of Arts (M.A) in Design Strategy and Innovation
Master of Science (M.Sc.) in Business Administration
Master of Science (M.Sc.) in Strategic Business Management
Master of Science (M.Sc.) in Prosperity, Innovation, and Entrepreneurship
Master in Management (MiM)
Master of Business Administration (MBA) in Entrepreneurship and Innovation
Doctor of Philosophy (Ph.D.)
Diploma / Certificate
Choosing a specialisation in this area will encourage students to create realistic and competitive products while also encouraging innovation and enabling them to become leaders in their profession.
Students can choose to specialize in areas like:
Agricultural Technology and Innovation
Creative Intelligence and Strategic Innovation
Creativity and Innovation
Digital Innovation and Management
Economics and Management of Innovation
Global Innovation Management
Innovation and Change Management
Innovation and Leadership
Innovation and Management
Innovation Management and Engineering
Innovation Management and Entrepreneurship
Innovation Management and Health
Innovation Management and Internet of Things
Marketing and Innovation Management
Strategic Innovation Management
Sustainable Business and Innovation
Technology and Innovation Management
Innovation Management is a versatile and exciting degree. It is the ideal degree course for forward-thinking and creative individuals who enjoy combining high-level plans with hands-on work on business concepts. Students with a degree in this field are equipped to become innovative entrepreneurs and future leaders.
Graduates with a degree in innovation management have a wide range of career opportunities and business prospects open to them. In response to the increasing need for innovative entrepreneurial experts, most of these programs are tailored to foster the skills needed for a competitive career in the business arena. Graduates of this degree may work in large multinational companies or in small and medium-sized enterprises.
- Job roles include:
Business Management Consultant
Customer Experience Manager
- Innovation Project Manager