Business Design and Innovation Management Course Details - Fees, Subjects, Syllabus, Duration, Eligibility, Career Scope
Degrees offered: MBA, M.Sc., B.A.(Hons), M.A., B.B.A
What is Business Design and Innovation Management
Business studies, commerce, and courses related to them are booming in the educational sector. Business design and innovation management courses are a subpart of the commerce stream. The need for business design and innovation management courses has now become one of the most important in large commercial industries and firms in particular as well as the business market in general. Graduates in business design and innovation management can observe how successfully new designs and human-centered innovations are adopted by consumers. They assist businesses and sectors in developing long-term business plans for the management of design and innovation.
Business Design and Innovation Management Course Highlight
Parameters | Undergraduate Level | Postgraduate Level | Doctoral Program Level |
Business Design and Innovation Management Courses | BBA in Entrepreneurship and Innovation
| MBA in Innovation and Entrepreneurship,
| PhD in Business and Management |
BBA in Design Strategy and Management | MBA in Design Management | PhD in Innovation and Entrepreneurship | |
Undergraduate Diploma in Strategic Design and Management | MBA in Business Innovation and Strategy | ||
Undergraduate Certificate Program in Innovation | Post-graduate Diploma in Business Design and Innovation | ||
Startup and Entrepreneurship | Post-graduate Certificate Program in Innovation | ||
Business Models and Entrepreneurship | |||
Minimum Duration | 1 Year | 1 Year | 3 Years |
Maximum Duration | 4 Years | 2 Years | 5 Years |
Admission Criteria | The student must have at least 50 percent total marks in Class XII exams | The student must have at least 55 percent total marks in the graduation level exam | The student must have at least 55 percent aggregate marks in a PG course in a related discipline |
Minimum Fees | Rs. 40,000 | Rs. 60,000 | Rs. 30,000 |
Maximum Fees | Rs. 1,50,000 | Rs. 20,00,000 | Rs. 5,00,000 |
Minimum Salary (per month) | Rs. 20,000 per month | Rs. 25,000 per month | Rs. 30,000 per month |
Maximum Salary (per month) | No upper limit to the salary | No upper limit to the salary | No upper limit to the salary |
Business Design and Innovation Management Courses Jobs | Small Business Owner, Sales Manager, Human Resource Manager, Business Reporter, Business Consultant, New Venture Developer, Teacher | Technical Designers, Business Strategists, Project Managers, Product Managers, Business Venture Owners, Business Consultants, Graphic Designers, Marketing Managers | Assistant Professor, Associate Professor, Research Scientist, Business Consultant, Business Owner, Advertising/Marketing Manager, Company Supervisor |
Eligibility Criteria (UG & PG) of Business Design and Innovation Management
Candidates aspiring to pursue business design and innovation management courses can apply for various courses at different levels- UG courses, PG courses, diplomas, and certificate programs. Business Design and Innovation Management Course aspirants will have to qualify for eligibility criteria that are set by colleges across the country in order to get admissions.
Eligibility Criteria for Business Design and Innovation Management UG Course
- Aspirants for UG programs in business design and innovation management must have completed XIIth or any equivalent level examination in the commerce stream with not less than 50 percent total marks from a recognised board or university in India. SC/ST category students must have at least a 40 - 45 percent score.
- Students will have to clear entrance exams conducted by institutes across India. They may also be called for personal interviews and group discussions.
Eligibility Criteria for Business Design and Innovation Management PG Course
- Aspirants for PG courses in business design and innovation management must have passed their graduation level exam in the related discipline with not less than 55 percent aggregate marks for General Category and 45 percent for SC/ST students.
- Students may have to qualify for entrance exams like CAT, XAT, GMAT, CMAT conducted by colleges or universities across India. On the basis of both scores, the candidates may be admitted to PG courses.
Eligibility Criteria for Business Design and Innovation Management Diploma Courses
- Candidates should have passed XII or any equivalent exam from any recognised board or university of India with not less than 50 percent.
- For PG-level diploma courses, students must have at least 50 percent marks in graduation.
- Many institutes also require CAT/XAT/GMAT/ATMA/CMAT exam scores of applying candidates.
Eligibility Criteria for Business Design and Innovation Management Ph.D. courses
- Candidates seeking admission in PhD courses in business design and management should have passed a PG course in a related discipline with at least 55 percent of aggregate marks.
- Students may have to qualify for entrance exams conducted by colleges or universities across India. On the basis of both scores, the candidates may be admitted to these courses
College Predictors VIEW ALL
Scope of Business Design and Innovation Management in India and Abroad
Scope of Business Design and Innovation Management in India and Abroad
The commercial sector has been growing more and more with every passing year at an international level. With so much commercialisation going on in almost every field- medical, art, technology – that the studies related to commerce and business have been witnessing huge demands and admissions of students lately. The multiplication of industries and business houses- whether small, big, independent or co-owned- has been recruiting students from these disciplines.
The development in technology and leanings to business ideas like sustainability and business cooperation has increased the demand for business design and innovation management in India and abroad. Companies around the world are hiring students to excel in these courses. Almost every industry and business house want to design products that are uncommon and sustainable, and this will be impossible without business designers and innovative managers. Business design and innovative strategists make sure that unique yet simple and sustainable products reach markets in the most efficient ways.
Prospects related to business design and innovation management are not popular in India but have been booming in foreign industries and companies as well. Any excellent student in the course can apply for further studies abroad in the same field or can get easily recruited in foreign MNCs as a business consultant and designer.
Popular Online Design Courses and Certifications
Course Fees Business Design and Innovation Management
| Minimum Fees | Maximum Fees | |||
|---|---|---|---|---|
| Private | Government | Private | Government | |
| UG |
27.34 Lakhs
B.Des in Business Design and Innovation Management at ISDI School of Design and Innovation, Mumbai
|
34.95 K
B.Com in Business Design and Innovation Management at Karnataka State Rural Development and Panchayat Raj University, Gadag
|
27.34 Lakhs
B.Des in Business Design and Innovation Management at ISDI School of Design and Innovation, Mumbai
|
34.95 K
B.Com in Business Design and Innovation Management at Karnataka State Rural Development and Panchayat Raj University, Gadag
|
| PG |
15.00 K
P.G.D in Business Design and Innovation Management at Shri Jagdishprasad Jhabarmal Tibrewala University, Jhunjhunu
|
---
Data not available
|
24.21 Lakhs
MBA in Business Design and Innovation Management at Universal Business School, Raigad
|
4.48 Lakhs
MBA in Business Design and Innovation Management at Indian Institute of Technology Roorkee
|
Course Subjects
Most business and commerce programmes are related to courses in business design and innovation management. Business design and innovation management are fundamental to comprehending business, company modeling, marketing strategies, prototyping, recognising risks, and working toward innovation in business. Some of the subjects/topics that business design and innovation management courses consist of are –
Business Design and Innovation Management Subjects
Understanding Basic Business Principles and Concepts
| Tenders and Contracts | Entrepreneurship Development | |
Research Methodology | Professional Practice | Customer Relationship Management | International Business |
Accounting for Managers | Business Taxation | Business Designing | |
Quantitative Techniques | Building Materials and Elements | Marketing Subjects | |
Introduction to Telecom | |||
Business Environment | Business Economics | Computer Applications in Management | Estimation Costing |
Management Organisational Behaviour | Business Communication | Interior Space Planning Services | Enterprise Applications |
Ebiz Technology | Managerial Economics | Business Research | Foundation to Design Basic Drawing |
IT Security | Global Citizen Leadership | Operations and Operations Management | Financial Management and Financial Research |
Careers in Business Design and Innovation Management
Careers in Business Design and Innovation Management
Needless to say, the skills that one will acquire after successfully completing a Business Design and Innovation Management Course will make one a valuable asset for private sector entities. Companies are constantly searching for professionals who can enhance their business designs and adopt cutting-edge solutions to a variety of difficulties as a result of the gradually growing rivalry in business sectors. Focus, dedication, and diligence are necessary for success as a Business Design and Innovation Management expert. Achievement is fully based on one's ability to lead and collaborate with others.
Upcoming trends
World economy has been modifying itself along the lines of new modes of business emerging in the markets according to the needs of the time. Ideas like sustainable development, small-scale industrial development, minimalist business designs are being adopted in the course to make it as relevant as possible. More importance has been given to researching on business and consumer behaviour. Recent research on business design and innovation management also covers the operations of numerous significant financial institutions, including the World Bank, WTO, and many others.
Job Profiles and Top Recruiters
Once a student has successfully completed a course with better grades as well as practical expertise, they will find new professional prospects in their path. Some of the most typical job descriptions associated with Business Design and Innovation Management courses are listed below:
Job Profiles in Business Design and Innovation Management Field
Job profile | Job Description |
One has to manage different business projects and assignments. | |
They have to teach business design and innovation management in colleges. | |
Business consultants | They can work as a business consultant in big companies. All they have to do is consult on matters of design management and business innovations. |
One can work as a product designer in big companies. They have to design a product to make it look appealing. | |
Brand strategist | As a brand strategist, one has to draw marketing and producing strategies for different products of a company. |
Graphic designers help in the marketing of business firms and houses. | |
Business directors | As business directors, their work is to direct and supervise employees under one. |
Business reporters | Making business reports with new elements in the markets, experiments on products, and other data. |
Offering retail items to clients and analysing the requirements and demands of clients in the business market are. |
Top Recruiters in Business Design and Innovation Management Field
- Deloitte India
- IBM
- Infosys
- Big Basket
- Café Coffee Day
- HDFC Bank
- Natural Remedies
- ICICI Bank
- Harman Company
- Gujarat Borosil Limited
- Quess Company
Average Salary
Due to the growing demand for specialists, the career opportunities after completing a Business Design and Innovation Management Course are quite appealing. Some of the most well-known job descriptions are listed below, along with the typical salaries that one might anticipate: -
Average Salary After Business Design and Innovation Management Course
Job Profile | Salary per annum approx. |
Product Designer | Rs. 2,40,000 - Rs. 12,00,000 |
Graphic Designer | Rs. 2,40,000 - Rs. 5,20,000 |
Sales Representative | Rs. 2,20,000 - Rs. 4,50,000 |
Project Manager | Rs. 3,60,000 - Rs. 15,00,000 |
Lecturer | Rs. 3,60,000 - Rs. 8,00,000 |
The salary figures mentioned anywhere in this article are just for reference purposes. Please treat them as such. Actual salaries may vary depending on respective candidates, employer, job location, and numerous other factors.
Required Skillset for Business Design and Innovation Management
Problem-Solving Skills: Students pursuing this course must have problem-solving skills in order to provide solutions to emerging business problems in the world.
Analytical Skills: A business student must have analytical skills within him in order to analyse situations and come up with methods and solutions to tackle the situation in the most appropriate manner.
Management Skills: A student must have management skills in order to manage workers and employees of a company, supervise and coordinate with them, manage their problems, and supervise their work.
Confidence: A student must be confident in applying principles and business strategies and taking initiatives in the business market. If he lacks confidence, he will never be able to produce new designs and innovative strategies.
Mathematical Skills: A student cannot make designs and innovative strategies without applying mathematics. In order to understand and apply business statistics to research, mathematics skills are very important.
Business Acumen: A successful candidate for this course is one who understands the principles of business and knows how to expand it. A student must know where to make profits and where to take risks.
Research Oriented: A student must have research orientations within him. He must be able to research the new trends and demands in the market- only then he will be able to study consumers and draw his own business strategies.
Leadership Skills: In order to achieve their goals, one must know how to lead those who are working with the person to maximise utilisation of human resources in the right way.
Verbal Skills: In order to clear the interview rounds and group discussion rounds for job recruitment, one must have communication skills. Moreover, communication skills will also help in connecting with colleague employees in companies and help in a more efficient and coordinated way.
Course Curriculum for Business Design and Innovation Management
The importance of business design has been recognized by business leaders all over the world. The goal of the business design and innovation management course curriculum is to help students comprehend the procedures involved in applying innovation in management techniques and design thinking to meet the objectives of any organisation for growth. Students are equipped by the course material to grasp the method of using the most up-to-date design and innovation tools to realise concepts. The training curriculum focuses a lot on developing leadership skills and encouraging cooperative teamwork.
Students also liked
Popular Business Design and Innovation Management Entrance Exams in India
Popular Business Design and Innovation Management Colleges in India VIEW ALL
.JPG)
DEI Agra
- Fees: ₹ 22050
NIET Greater Noida
- Fees: ₹ 320700
UBS Mumbai
- Fees: ₹ 2421000
- Exams: CAT , CMAT , GMAT , MAH MBA CET
Frequently Asked Questions (FAQs)
Question: What are some of the good colleges for MBA in design management?
Answer :
Some of the top colleges are- National Institute of Design Ahmedabad; Pacific University Rajasthan; Advance Institute of Business Management Haryana; and many more.
Question: Which of the two is tougher, CAT or XAT?
Answer :
The decision-making and general knowledge components in the XAT make it more difficult than the CAT, at least in terms of the difficulty of the question paper.
Questions related to Business Design and Innovation Management
Showing 1 out of 1 Questions
41 Views
account practical orentted question
26th Jan, 2020
Hii
Please tell us more about your question, like which class or course account questions are asking for. Tell us more in so that we can help you with better answers.
Hope this answer helps.
Answer later
