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Quick Facts

Medium Of InstructionsMode Of LearningMode Of DeliveryFrequency Of Classes
EnglishSelf Study, Virtual ClassroomVideo and Text BasedWeekends

Course Overview

The Certificate Programme in New Product Development and Management Training Course is a 5 month long specialized course that explores the techniques of product deployment and product management. The course available on the Eruditus platform will cover all topics relating to design and product development.

Through the Certificate Programme in New Product Development and Management Online Course, learners will receive a hands-on learning experience from the renowned faculty of IIM Delhi. The course is specially designed to cater to candidates from both technical and non-technical backgrounds.

After successful completion of all evaluation components of the Certificate Programme in New Product Development and Management Course, learners will receive an official course certification by the Indian Institute of Technology, Delhi.

The Highlights

  • Certificate of completion
  • 5 months duration
  • Live online sessions
  • Renowned faculty
  • Support of industry experts
  • Hands-on learning
  • Real-world case studies
  • Tutorials and assignments
  • Capstone projects

Programme Offerings

  • Certificate of completion
  • 5 Months Duration
  • live online classes
  • Hands-on Learning
  • real-world case studies
  • tutorials
  • assignments
  • Capstone Projects

Courses and Certificate Fees

Certificate AvailabilityCertificate Providing Authority
yesIIT Delhi

The Certificate Programme in New Product Development and Management Course fee is Rs. 70,000 + GST. The payment can be done in installments. Students can avail of loan options with the EMI starting at Rs.10,000. There is a special corporate enrollment pricing plan that provides up to a 10% discount if you enroll with your co-workers.

Certificate Programme in New Product Development and Management Course Fee Structure

Course

Amount in INR

Certificate Programme in New Product Development and Management

Rs. 70,000 + GST


Eligibility Criteria

  • Candidates should be graduates from any recognised university. 
  • Candidates are preferred to have any experience doing internship, project, or work experience.

Exam Qualification Details

  • Candidates should score an overall 60% in order to receive the certificate of completion.

What you will learn

Designing skillsSales skillsKnowledge of Product Management

After completing the Certificate Programme in New Product Development and Management Classes, you will gain insights into the following topics:

  • Product conception
  • Design thinking
  • Product design
  • User experience (UX)
  • Minimum Viable Products (MVP)
  • Role of robotics and automation in prototyping
  • Product development
  • Quality Assurance Protocols
  • Sales and marketing
  • Product management
  • Product strategy and policy

Who it is for

  • The Certificate Programme in New Product Development and Management Course is suitable for professionals working in the field of product management who wish to develop their understanding of innovative strategies.
  • The course will be beneficial for entrepreneurs and professionals including product designers or product development managers who wish to implement new business models to promote products and services.
  • The course can be taken by graduates who are interested in the domains of product development and management.

Admission Details

Given below are the steps to enroll in the Certificate Programme in New Product Development and Management Course:

Step 1: Go to the official website by clicking on the URL given below -https://iitd.eruditus.com/certificate-programme-in-new-product-development-and-management/

Step 2: Click on the 'Start Application Now' option at the end of the page.

Step 3: Enter your email id and proceed with the application form.

The Syllabus

  • Product Basics
  • Consumer problems and unmet need
  • Empathy, Personas, User Stories
  • Identifying New Product Opportunities using Data
  • Market Research for New Product Development
  • Idea Generation & Need Analysis
  • Concept testing using Surveys-Customer Discovery
  • Product potentiality and Conjoint analysis
  • Design Thinking for B2C, B2B Products and Services
  • Competition Analysis and Product Market Fit

  • Product Design Process - 7 Stages
  • Product specifications and features
  • Visual Design Elements
  • Tools for Design of Digital Products
  • User experience (UX) design
  • Introduction to Software Tools used to design Engineering Products
  • Quality Function Deployment
  • Value Engineering Methodology
  • Iterative design optimisation
  • Design for Manufacturing

  • What are Minimum Viable Products (MVP)?
  • Types of MVP
  • Hypothesis Testing | A/B
  • Prototype development for Digital Products
  • Wireframing
  • 3D Printing and 3D Cutting
  • Material Selection for Engineering Product Prototyping
  • Prototype Functionalisation using Electronics and Instrumentation
  • Role of Robotics and Automation in Prototyping
  • Usability and Beta Testing

  • Production planning and control
  • Material handling
  • In-house Budgeting and Outsourcing
  • Quality Assurance Protocols
  • Principles of Lean: Lean Manufacturing and Management
  • Regulations and Standards: ISO
  • Intellectual Property and Trademarks
  • Building Markets and Creating Demand for New Products
  • Services, Simulated Test Marketing, and Launching of New Products

  • Brand Awareness, Consumer Brand Knowledge
  • Product-line Decisions (extension, reduction), Product Category expansion
  • Pricing Model and Strategy
  • Product Costing
  • Segmentation | Target | Positioning
  • Sales Forecasting
  • Distribution Channels
  • Lead Generation-Role of Contacts and social media
  • Customer Acquisition
  • Customer Retention

  • Organisation for Product Management
  • Marketing Manager-Product Manager-Brand Manager Concept
  • Approaches and Organisational role
  • Product Manager-Functions and Tasks-Tools and Techniques
  • The Product in Corporate Life, Corporate and Product Objective
  • Product Strategy and Policy
  • Optimum Product Pattern/Line Range
  • Challenge Of Change-Opportunity and Risk-Product Innovation, Modification, Addition, and Elimination
  • Product Proposals-Sources, Generation, Processing, and Selection
  • Contemporary Challenges and Opportunities in Product Management

  • Introduction to Business Model Canvas
  • Funding Requirement and Avenues
  • Bootstrapping
  • Team Building and Collaborations
  • Customers and End Users
  • Market Competition and Creating Barriers to Entry
  • Deployment and Distribution Strategy
  • Launching of Start-up: Rules and Steps
  • Social media, Websites, and Digital Marketing
  • Scale-up Model and Sustainable Growth Plan

Instructors

IIT Delhi Frequently Asked Questions (FAQ's)

1: What is the total duration of the Certificate Programme in New Product Development and Management Course?

The Certificate Programme in New Product Development and Management Training Course can be completed within a duration of 5 months.

2: Will I receive certification for the Certificate Programme in New Product Development and Management Live Course?

Yes, all candidates who complete the evaluation components of the Certificate Programme in New Product Development and Management Course will receive valid certification.

3: What is the cut off percentage for passing?

Yes, all students should score at least 60% marks to qualify for the Certificate Programme in New Product Development and Management Course certificate.

4: Where is this Certificate Programme in New Product Development and Management Training Course available online?

The Certificate Programme in New Product Development and Management Online Course is available on the Eruditus learning platform.

5: Does the Certificate Programme in New Product Development and Management Course provide placement assistance?

No, the Certificate Programme in New Product Development and Management Live Course does not provide placement assistance. 

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