Innovation and Enterprise
This section outlines the Graduate Certificate in Innovation and Enterprise offered by the University of Sydney Business School.
Overview of the course
| Course code |
Graduate Certificate in Innovation and Enterprise |
|---|---|
| CRICOS code | 066136E |
| Course abbreviation | GradCertInn&Ent |
| Credit points required for completion | 24 |
| Duration (minimum) | 0.5 years full-time |
| 1 year part-time |
This course will help develop commercially aware and empowered entrepreneurs. It is designed to equip participants with the skills and experience necessary to build a business in a variety of industries. The Graduate Certificate in Innovation and Enterprise will be relevant to people with a variety of interests including the self-employed, business managers, researchers, creative artists, and social activists. Essentially the course ensures participants gain valuable skills and know-how in:
- Identifying and understanding opportunity, change and innovation.
- Growing successful and sustainable businesses locally and internationally.
- Building cross-functional management competencies, including: marketing, intellectual property management, strategy and finance.
- Establishing the relationships and engaged practices required from entrepreneurial leaders, including: communication, teamwork and reporting/pitching.
Participants also have the opportunity to develop expertise in the commercialisation of research and other intellectual property, social entrepreneurship, or enterprise in the creative industries. The units of study in this course are characterised by their rich opportunities to ‘learn by doing’ through experiential and engaged practice.
Students undertaking this course may wish to pursue a second specialist program concurrently. Interested students should refer to the Business School website for further information.
Course structure and progression
Course requirements
To be awarded the Graduate Certificate in Innovation and Enterprise, students will successfully complete four units of study (24 credit points); comprising:
- two core units of study (12 credit points)
- two elective units of study (12 credit points).
Core units of study
Students must complete the following two core units of study (12 credit points):
- IBUS5001 Strategy, Innovation and Global Business
- IBUS6015 Innovation and Enterprise Special Project.
Elective units of study
Students choose two electives units (12 credit points) from the following options:
- IBUS6011 New Business Opportunities and Startups
- IBUS6012 Business Growth and Innovation
- IBUS6013 Business Restructuring and Renewal
- IBUS6014 Intellectual Property Management
- IBUS6016 Social Entrepreneurship
- IBUS6017 Enterprise and the Creative Industries.
Progression guides
(i) Full-time enrolment example
The following table illustrates a degree progression example for students enrolled in the Graduate Certificate in Innovation and Enterprise on a full-time basis undertaking four units of study (24 credit points) per semester.
| Year | Semester | Units of study | |||
|---|---|---|---|---|---|
| 1 | 1 | IBUS5001 |
IBUS6015 |
elective | elective |
(ii) Part-time enrolment example
The following table illustrates a degree progression example for students enrolled in the Graduate Certificate in Innovation and Enterprise on a part-time basis undertaking two units of study (12 credit points) per semester.
|
Year |
Semester |
Units of study |
|
|---|---|---|---|
|
1 |
1 |
IBUS5001 |
elective |
|
2 |
IBUS6015 |
elective |
|
Please note: The information listed in these examples is based on the unit of study offerings for 2012 and is intended as a guide only. Students are usually able to complete the units of study in different sequences to those listed (including enrolling in units in Summer or Winter School sessions when available). Students are advised to plan their course based upon their individual needs and to contact the Student Information Office if they need any assistance in planning their progression in their course.
Units of study for the Graduate Certificate of Innovation and Enterprise
General information relating to unit of study offerings
The unit of study information listed is for 2012 and was correct at the time of publication.
The Business School website (sydney.edu.au/business/pgunits) contains the most up to date information on unit of study availability or other requirements. Timetabling information for 2012 is also available on the faculty website (sydney.edu.au/business/timetable). Students should note that units of study are run subject to demand.
The units of study available for 2012 for these programs are detailed under:
- Table of postgraduate units of study: Graduate Certificate in Innovation and Enterprise
- Postgraduate unit of study descriptions: Graduate Certificate in Innovation and Enterprise
1. Table of postgraduate units of study: Graduate Certificate in Innovation and Enterprise
| Unit of study | Credit points | A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition | Session |
|---|---|---|---|
Core units of study |
|||
| Students must complete all core units. | |||
| IBUS5001 Strategy, Innovation and Global Business |
6 | Semester 1 Semester 2 |
|
| IBUS6015 Innovation & Enterprise Special Project |
6 | A IBUS5001 Note: Department permission required for enrolment Students need permission from the Discipline to enrol unless they are enrolled in the GradCertInn&Ent where this is a core unit. |
Int February Int July Int March Semester 1 Semester 2 |
Elective units of study |
|||
| Students must complete two elective units. | |||
| IBUS6011 New Business Opportunities and Startups |
6 | A IBUS5001, WORK5003 or completion of at least 24 credit points N WORK6112, IBUS5011 |
Semester 1 Semester 2 |
| IBUS6012 Business Growth and Innovation |
6 | A IBUS5011, IBUS5001 or WORK5003 or completion of at least 24 credit points |
Semester 2 |
| IBUS6013 Business Restructuring and Renewal |
6 | A IBUS5011, IBUS5001 or WORK5003 or completion of at least 24 credit points |
Semester 2 |
| IBUS6014 Intellectual Property Management |
6 | A IBUS5011, IBUS5001 or WORK5003 or completion of at least 24 credit points |
Semester 1 |
| IBUS6016 Social Entrepreneurship |
6 | A IBUS5011, IBUS5001 or WORK5003 or completion of at least 24 credit points |
Semester 1 |
| IBUS6017 Enterprise and the Creative Industries |
6 | A IBUS5011, IBUS5001 or WORK5003 or completion of at least 24 credit points |
Semester 2 |
2. Postgraduate unit of study descriptions: Graduate Certificate in Innovation and Enterprise
Please note: These unit of study descriptions are listed alphanumerically by unit code.
IBUS5001 Strategy, Innovation and Global Business
Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 3hr seminar per week Assessment: Individual assignment (20%); Group assignment (35%); Final 2hr exam (45%)
This unit focuses on the application of strategic thinking in key business contexts with a particular focus on the global nature of business. Specific attention is given to: (i) the identification and managing of new business opportunities both for entrepreneurial start-ups and for new ventures that emerge within a corporate setting; (ii) business model innovation as a basis for new ventures and business growth; (iii) the identification and managing of the specific challenges and risks presented by operating in a global business environment.
IBUS6011 New Business Opportunities and Startups
Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 3 hr lecture/seminar per week Assessment: Group Presentation (20%); Group Assignment (30%); Individual Assignment (30%); Individual presentation (20%)
For small open economies such as Australia's, opportunity identification and exploitation are often critical to firms' long-term growth and survival. Identifying new markets, developing new products and implementing new business models are highly-regarded and valuable skills for entrepreneurs and business managers alike. In addition to exploring the special problems (and advantages) associated with entrepreneurial start-ups, the unit will explore commercialisation and corporate venturing. Topics include opportunity recognition, structuring a business and investment proposal, venture capital and other funding sources, market entry strategies as well as entrepreneurial and creative leadership.
IBUS6012 Business Growth and Innovation
Credit points: 6 Session: Semester 2 Classes: 1x 3 hr lecture/seminar per week Assessment: Individual Assignments (45%); Presentation (10%); Reflective Journal (25%); Participation (20%)
The business landscape is changing, with increasingly global business models and rapidly changing competitive environments buffeting established businesses. Businesses that have 'survived' startup are immediately challenged to build sustainable business models that continually leverage into new markets and products. This unit centres on business- and corporate-level strategy, focussing on the development of skills and knowledge required to spark and cope with rapid business growth. Topics will include harnessing and leveraging resources and capabilities, internationalising ventures, forming alliances, mergers and acquisitions and avoiding the pitfalls of rapid growth. You will also explore the processes involved in strategy formulation, including decision-making and design thinking. The unit is structured around your learning from engaged practice, and requires you to work with businesses in their search for growth options and their appropriate funding.
IBUS6013 Business Restructuring and Renewal
Credit points: 6 Session: Semester 2 Classes: 1x 3hr lecture/seminar per week Assessment: Group Presentation (15%); Group Project (20%); Individual Assignment (30%); Final Exam (35%)
Entrepreneurial business opportunities do not always relate to early-stage or start-up businesses. Later-stage business investments, whether buying existing businesses or turning around failing enterprises, are a significant and growing focus of entrepreneurial activity. This unit explores the process of acquiring and reinvigorating established businesses and how to secure private equity funds (leveraged buy-outs) or corporate funding. The focus is on opportunity evaluation, business model innovation, management and revitalisation rather than financial structuring. Students will have the opportunity to apply the functional skills learned in core strategy, finance, marketing, and management units to real opportunities. As well as being of interest to those wishing to acquire and manage their own business, the unit is appropriate for those working in 'big' business and the financial markets.
IBUS6014 Intellectual Property Management
Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr seminar/wk Assessment: Presentation (10%); Projects (30%); Individual Essay (20%); Final Exam (40%)
Intellectual property (IP) represents the property of your mind, intellect, and proprietary knowledge. There are a number of means of protecting your IP, including patents, copyright and trade marks. Creating IP does not necessarily mean you own the rights to use it, as most forms require you to take formal steps to register your IP and obtain the legal rights of ownership (both in Australia and internationally). This unit of study will cover aspects including the concept of IP, how to identify and protect it in a local and international context, creating the conditions to encourage and leverage IP in a commercial context, how to manage a portfolio of IP, and enforcement scenarios. The unit concentrates on how to utilise IP to create, control and exchange value, with particular attention paid to the practice of open innovation.
IBUS6015 Innovation & Enterprise Special Project
Credit points: 6 Session: Int February,Int July,Int March,Semester 1,Semester 2 Classes: 1x 3hr seminar/wk Assessment: Research proposal (20%); Critique (10%); Instructor updates (15%); Presentation (15%); Major research report (40%)
Note: Department permission required for enrolment
Note: Students need permission from the Discipline to enrol unless they are enrolled in the GradCertInn&Ent where this is a core unit.
This unit of study is designed to assist you develop your understanding of research methods and business issues specifically related to your area of interest. You will complete a major research project that will explore the phenomena of strategy, innovation or entrepreneurship in a context of your choice. For example, your research could consist of the study of two corporations that have successfully (or unsuccessfully) grown a business from an invention. Your study would address a specific issue of interest to academia, industry or your future career.
IBUS6016 Social Entrepreneurship
Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture per week and 1x 1hr reading and/or case per week for 12 weeks Assessment: Group Project Presentation (15%); Individual Contribution (15%); Group Report (35%); Individual Audio Assignment (35%)
Social entrepreneurs are committed to furthering a social mission through enterprises that rank social, environmental or cultural impact on a par with, or even above, profit. Intersecting the business and not-for profit worlds, social entrepreneurship addresses many complex local and global problems. This unit will critically introduce the concept and develop frameworks for understanding social entrepreneurship (also referred to as social enterprise and social innovation). Teaching and learning will utilise case studies, and include the opportunity to apply real-world experiences. Topics will include creating innovative social enterprises, sustainable business models, philanthropy and funding, impact assessment, and leadership.
IBUS6017 Enterprise and the Creative Industries
Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture per week for 12 weeks and 1x 1hr reading per week for 10 weeks. Assessment: Group Project Presentation (15%); Individual Contribution (15%); Group Report (35%); Individual Audio Assignment (35%)
The creative industries include architecture, design, film, television, music, the performing arts, advertising, publishing and the visual arts. These industries are characterised by the presence of creative individuals, large and powerful distributors (such as film studios) and the leveraging of copyright. Business success is driven by imagination and novelty, with creativity and innovation essential. This unit explores enterprise development in these industries, and will be of use to those intending to work in these industries, as well as those applying the skills and capabilities to other industries.
Course rules and resolutions
Graduate Certificate in Innovation and Enterprise
These resolutions must be read in conjunction with applicable University By-laws, Rules and policies including (but not limited to) the University of Sydney (Coursework) Rule 2000 (the 'Coursework Rule'), the Resolutions of the Faculty, the University of Sydney (Student Appeals against Academic Decisions) Rule 2006 (as amended) and the Academic Board policies on Academic Dishonesty and Plagiarism.
Course resolutions
1 Course codes
|
Code |
Course title |
|---|---|
|
FG012 |
Graduate Certificate in Innovation and Enterprise |
2 Attendance pattern
3 Admission to candidature
(1)
Available places will be offered to qualified applicants ranked on merit in accordance with the following criteria:
(a)
a bachelor's degree, graduate diploma, graduate certificate or equivalent at an institution approved by the Business School and graded at a standard acceptable to the Business School; and/or where applicable:
4 Requirements for award
(1)
The units of study that may be taken for the course are set out in the Table of postgraduate units of study: Innovation and Enterprise.
(2)
To qualify for the award of the Graduate Certificate in Innovation and Enterprise a candidate must complete 24 credit points, including:
5 Transitional provisions
(1)
These resolutions apply to students who commenced their candidature after 1 January, 2011 and students who commenced their candidature prior to 1 January, 2011 who elect to proceed under these resolutions.
(2)
Candidates who commenced prior to 1 January, 2011 may complete the requirements in accordance with the resolutions in force at the time of their commencement, provided that requirements are completed by 1 January, 2016. The Business School may specify a later date for completion or specify alternative requirements for completion of candidatures that extend beyond this time.