Similar to an entrepreneur MBA, a corporate innovation MBA is for professionals who are leading or plan to lead a business or organization and strive to create new markets, products, and services. A corporate innovation MBA program builds on a foundation of core MBA curriculum courses, with a focus on managerial, sales, and marketing innovation. Students learn to draw on the principles and knowledge of corporate innovation in order to realize their own unique approach to visionary leadership.
What Does an MBA in Corporate Innovation Cover?
Corporate innovation MBA programs strive to teach the skills professionals need to build and grow an innovative and successful business. In Post University’s online corporate innovation MBA program, students must first complete foundation and core MBA courses, in subjects such as economic foundations, financial modeling, and organizational dynamics and effectiveness, before moving on to specialized courses including leadership and change management, unleashing and sustaining innovation in organizations, and financial tools for managing innovation.
An accelerated online program is typically completed within two years, depending on the number of transferred credits and courses a student takes with each module (a module being a recurring block of time that and online course is available over the course of the calendar year). At Post University, online courses are taught by the same faculty that teaches on-campus and are as rigorous as their on-campus counterparts.
Getting Into a Corporate Innovation MBA Program
Criteria and requirements for admission include a bachelor’s degree from a regionally accredited institution of higher learning, prior professional work experience, a 3.0 GPA, and letter(s) of recommendation:
Post University requires candidates provide the following in order to enroll in their online corporate innovation MBA program:
- An official transcript from the institution that granted your bachelor’s degree
- Two letters of recommendation that state your ability to undertake and complete graduate work.
- A telephone interview with an admissions counselor.
Why Should I Get an Accredited Corporate Innovation MBA?
An MBA degree from an accredited program and college or university will help assure both the quality of your education as well as recognition of that education by potential employers. Employers generally disregard degrees from non-accredited institutions, and credits may not transfer to other schools. Nearly every accredited school provides their accreditation information on their website. The aforementioned Post University is accredited by the New England Association of Schools and Colleges, Inc., (NEASC) through its Commission on Institutions of Higher Education.
Who Should Pursue a Corporate Innovation MBA?
Corporate innovation degree programs are designed for forward-thinking professionals who see themselves or already are leading innovative change and growth either in an established or completely new industry. Earning a degree can help increase your value in the job market, especially if you are self-employed as a management or marketing analyst. Candidates for a corporate innovation MBA degree are typically ambitious and visionary, and not adverse to change.
What Jobs Can an Online Corporate Innovation MBA Get Me?
- Chief Executive Officer: Corporate innovation is a big part of what a good chief executive officer does for a business or organization. The chief executive officer drives a business or organization’s strategic planning, business development, and fiscal operations, while making sure that the direction of the organization follows the rules set up by its board of directors. Chief executive officers determine and implement any changes necessary to a business or organization in order to maintain operations, maximize returns on investments, and increase growth and productivity. Salary and employment prospect figures can vary widely for chief executive officers. The figures below are not guarantees.
- Management Analyst: Management analysts analyze the operation and efficiency of a business or organization and then advise its management how to reduce costs, increase revenues, and remain competitive in the marketplace. Management analysts are generally self-employed or work for a large consulting company. A management analyst may work alone or with a team of individuals, each specializing in different aspects of a business or organization’s operations. Businesses and organizations hire management analysts in order to remain competitive in a fast-changing, sometimes chaotic marketplace.
- Marketing Manager: Marketing managers are responsible for planning and coordinating the marketing policies and programs of a business or organization. Marketing managers determine demand for a product, identify potential customers, oversee its development, and create pricing strategies. Successful marketing results in satisfied customers, a significant share of the market, and company profits. Marketing managers utilize corporate innovation skills and experience when monitoring and analyzing trends in the marketplace that may signify the need for a completely new product or service.
Top Earning Industries for Jobs
- Medical Devices: $54,165-$274,936
- Software Development: $85,965-$288,336
- Health Care: $75,203-$298,999
- Government Contractor: $38,798-$96,911
- Government: $37,064-$92,427
- Management Consulting: $46,998-$99,773
- Consumer Packaged Products/Goods: $38,644-$100,366
- Software Development: $40,089-$98,098
- Financial Services: $40,724-$100,153
How Do I Find Online Corporate Innovation MBA Programs?
The website of any accredited learning institution will provide the accreditation information for its individual schools and programs. You can usually use a school website’s search engine to find online specialty MBA programs, including corporate innovation MBA programs.