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MBA in Corporate Innovation and Venturing

Drive change. Lead with confidence. Your bold ideas could transform your organization. How do you get those ideas heard—and create an environment where all great ideas are considered, nurtured, and implemented? Innovation is now a business imperative for successful companies, and those who know how to foster it are valued leaders. That’s why it’s a smart move to get your Full-Time MBA with a concentration in Corporate Innovation and Venturing.

Make your ideas matter.

Our Corporate Innovation and Venturing concentration can help you take an initiative from bold idea to transformational change.

Maybe you’re already tasked with leading innovation in your company, and you’d like to learn proven methods for fostering an environment friendly to new ideas—even as you’re getting a deeper education in business and management.

Or perhaps you’re working for a large company and you have great ideas that you know could spark real change. How do you challenge the status quo successfully? How do you sell your ideas to management and create opportunities for yourself and your company?

A Full-Time MBA with a concentration in Corporate Innovation and Venturing offers you the business education you’re looking for with an emphasis on fostering innovation in the workplace. We’ll teach you how successful companies compete in the global marketplace through innovation, and you’ll have the chance to study topics such as design thinking, creative product development, and emerging technologies and how they all play key roles in driving change. If you’ll be managing innovation teams, you can choose a course on the human side of innovation—leading teams, recruiting talent, and understanding the attitudes of senior management and executive stakeholders.

At D’Amore-McKim, you’ll be studying with some of the country’s leading researchers and practitioners of innovation—many of whom have led successful ventures at top companies.

You’ll also have the chance to test your learnings in an exciting environment: a paid corporate residency with a company undertaking an innovation initiative. Learning about innovation models in the classroom gives you an invaluable foundation for growth, but there’s nothing like the experience of guiding a real idea toward implementation—and being part of the decision-making process when success hangs in the balance.

The corporate residency is just one of the reasons D’Amore-McKim’s Full-Time MBA is highly ranked—#59 overall by U.S. News & World Report—and one of the many ways we offer you an education designed to help you be more.


Program Details

To earn a Corporate Innovation and Venturing MBA, students must complete the 16 credits of MBA core curriculum, a corporate residency, and 12 credit hours from the coursework listed below. You will also complete 12 credits from a second concentration of your choosing, and 15 elective credits of which 3 must be experiential in nature and 6 will be from courses offered at other schools and colleges at Northeastern to ensure that you graduate prepared to meet the interdisciplinary needs of businesses today.

The curriculum is subject to change by D’Amore-McKim faculty. Please monitor for updates.

Required Corporate Innovation And Venturing MBA Course Details

Innovation, Entrepreneurship & Dynamic Competition

Explores the life cycle of industries and their effects on the dynamics of competition, including the creation of industries and the role of startups and proliferation of designs; the half-truth of entry timing advantage; design competition, emergence of dominant designs, and implication for firm strategy and industry structure; the onset of maturity: the role of process innovation and incremental product changes; technological discontinuities, challenges for incumbents, and opportunities for new entrants; the hybrid trap and how incumbents often miss the mark during times of industry transformation; the rise of platform disruptions and winner-take-all dynamics; the sociocognitive dimension of industry evolution: product categories and framing; and best practices for managing innovation in startups and established firms. Taught through a combination of cases, vignettes, and interactive lectures.

3 credits

Details

Complete 9 credits from the following:

Elective Corporate Innovation and Venturing MBA Courses Details

Business Model Design & Innovation

Introduces major topics in the modern understanding of business models: their essence and role in securing competitive advantage, key components and design of business models, business model change and innovation, technology commercialization through sustaining business models, financial representation of a business model, and validation of developed business models.

3 credits

Details

Business Planning for New Ventures

Gives students the opportunity to build a complete business plan for new high-potential ventures. Covers all aspects of the planning process, from the point of view of both the prospective entrepreneur and the potential investor. Explores the demands of the entrepreneurial career through reading, self-assessment exercises, and group projects. Guest speakers from startup companies, law firms, and venture capital firms provide a window on current experiences in the small-business world. Recommended for prospective entrepreneurs as well as others who may become involved with new ventures.

3 credits

Details

Competing in Dynamic, Innovation-Driven Markets

Reviews the key theories and tools needed to understand how technological change creates new markets and prompts new business models, how technology-based firms can outcompete rivals in fast-growing markets characterized by high uncertainty, and how the evolution of technology in an industry affects the type of firm capabilities needed to succeed over time.

3 credits

Details

Corporate Entrepreneurship through Global Growth, Acquisitions, and Alliances

Offers students an opportunity to analyze whether, why, and how multibusiness corporations expand their operations into new business areas by questioning decisions to grow globally through mechanisms such as acquisitions or alliances. Uses rigorous case-based discussions, expert readings, and major current events to discuss issues related to the choice of make, buy, or partner. Offers students an opportunity to evaluate how these different corporate entrepreneurial strategies are used to help firms be more competitive and innovative.

3 credits

Details

Creating an Innovate Organization

Examines the actions that managers must take to stimulate innovation and direct it in ways that allow the organization to accomplish its goals. Topics include what organization forms are most conducive to innovation, what factors hinder innovativeness and how can they be overcome, and what role managers play in bringing about innovation. Focuses on the actions that companies and their managers can take to design their organizations and systems effectively in order to foster innovativeness. Elements of an organization’s infrastructure include design, reward mechanisms, communication patterns, boundary spanning, control systems, leadership at all levels, and the organization’s culture.

3 credits

Details

Design Systems

Explores a systems-based perspective on our environment by addressing questions that are fundamental to design practice: What is a system, and what are the different types? How do we observe, analyze, and represent systems? What interactions can we have with systems and what are the different types of interaction? Explores structures and processes for the design of systemic relationships between people, artifacts, environments, and activities. Systems may be physical, virtual, social, or a combination. Through discussion, writing, diagramming, and project exercises, offers students an opportunity to learn principles of systems theory and explore the connection between design methods and systems thinking. Students who do not meet course restrictions may seek permission of instructor or program coordinator.

4 credits

Details

Design Thinking for Market-Driven Innovation

Uses digital mashups, iterative design, and “play” to unlock creative potential in the way products and services work for customers. Based on the principle that innovation is a discipline that is capable of being learned and being practiced and that arts-based learning and design thinking can unlock creative potential and foster an environment that encourages innovation. A team-based group project applies the principles of iterative design introduced in this course.

3 credits

Details

Emerging & Disruptive Technologies

Covers the role emerging technologies play in innovation for new ventures and established corporations. Includes a mix of theory and practical knowledge. Topics covered include technology disruption, diffusion, life cycles, and research-and-development strategy. Explores, in detail, the technical and market opportunities for current and emerging technologies across a broad spectrum of industries.

3 credits

Details

Innovation for Next Generation Products and Systems

Focuses on next-generation products, systems, and services with an integrated framework that applies market innovation, user-centered design, architectural and platform innovation, and business model innovation. Offers students an opportunity to apply these concepts to new product/service/business process innovation opportunities in their own organization with executive sponsorship and faculty guidance.

3 credits

Details

Intellectual Property and Other Legal Aspects of Business and Innovation

Introduces the major areas of the legal environment for innovation and new ventures and their relationship to early stage decisions and product and business development. Analyzes the nature, practical impact, and competitive usefulness of laws in the areas of intellectual property, contracts, employment, e-commerce, regulatory compliance, and entity formation. Offers students an opportunity to integrate and apply their understanding of legal, financial, business, technology, and ethical factors; sharpen their analytic skills; and use their skills and understanding to recognize opportunities for adding value and managing risk.

3 credits

Details

Lean Design and Development

Covers the intersection of customer research with product design, specifically lean design and how to map abstract attributes that customers seek into concrete product designs that can actually be built. Other topics include managing the technology business interface, creating product teams, and drafting product development plans. Open to first-year graduate students.

3 credits

Details

Product Development for Engineers

Focuses on the main processes needed to develop a complex, high-technology product. Emphasizes the most important techniques and approaches used in a startup environment. Seeks to benefit students of all engineering disciplines including computer science and biomedical, industrial, electrical, mechanical, computer, and chemical engineering. Includes a running practical project in which a new product is designed and executed through a series of small projects for each phase of the product development process. Topics include the product life cycle, new product development processes, project planning and management, new product idea generation, the systems approach to product development, design for manufacturing, market testing and launch, and escalation to manufacturing.

4 credits

Details


Is the MBA in Corporate Innovation and Venturing Right for You?

If you see yourself emerging as a truly different person, the answer is yes. If you imagine a future where you can have a meaningful, relevant impact on the world of business, the answer is yes. If you’re ready to join people who think like you, now is the time to accelerate your career with our Full-Time MBA program.

Request More Information Today!