The graduate certificate in Venture and Innovation Management encompasses two types of careers – the entrepreneur and what is known as the intrapreneur. The first starts and runs a new business, while the second works to develop existing corporations. Entrepreneurs generally begin as small business owners or self-employed professionals. They can be franchise owners, consultants, agents or brokers, builders or developers, manufacturers, wholesalers or venture capitalists. Intrapreneurs can occupy virtually any position in an existing organization, but they all have this trait on common: They demonstrate a change-oriented approach to problem solving and business, much more so than those who want stable and secure careers.

Who is this program recommended for?

Venture and Innovation Management is a science-based degree for those who already have either a degree or extensive experience in the general principals of business management. It is for educated or experienced employees who have a strong desire to rethink their careers; it is for those who have a passion for either initiating a new business or implementing a new idea within an existing organization.

What will I learn?

• Management of technology as a main component of an organizational entity. Generation, development, and implementation of technology are outlined. Influence of technology on global competitiveness is also discussed.
• New venture management is for the student who is considering starting or managing a new business. Build upon and integrate the student's previously acquired business knowledge and skills into an understanding of how to start and run a new business.
• Explore the legal and ethical responsibilities of managers. Analyze extent to which shareholders should be allowed to exercise their legitimate economic, legal, and ethical claims on corporate managers; extent of regulation of a particular industry, individual rights of the employee and various corporate interests, and corporate responsibility to consumers, society, and conservation of natural resources and the environment.
• Integrate knowledge of the different aspects of business that have been learned as separate subjects. Provide an understanding of the decisions that guide the overall operations of an entrepreneurial business organization and how it interacts with its markets, competitors, and suppliers. Combine classroom instruction in business strategy along with case analysis of small firms.
• Competing in global markets is designed to help prepare students to become effective managers overseeing global market activities in an increasingly competitive environment. It will examine the impact of global economic, financial, cultural, political, and legal factors on the development of marketing programs and on the marketing/R&D and marketing/manufacturing interfaces.
• Managing technological and organizational change involves managing planned and unplanned change in organizations. The change process is studied in relation to technology-driven changes in the workplace and to other environmental factors. Focuses on planned and unplanned systemic change, such as downsizing, re-engineering, mergers, and acquisitions.

Why study for a Venture and Innovation Management graduate certificate with CPE?

For these graduates the central question shifts from what kind of job they will get to what kind of jobs their ideas and actions will create for others. The certificate is part of a process that brings people, opportunities and resources together in innovative ways to create value for customers, shareholders and society as a whole.

Prerequisites

Completion of a Bachelor’s degree with a overall cumulative Grade Point Average of 2.8 or higher on a 3.0 scale.

Related Degree Programs

All credits for The Management Essential Certificate relates in its entirety to either NJIT MBA or NJIT MS in Management

Take Note

Check the course descriptions for more information. Some courses have prerequisites and must be taken in order.

Register for courses via our Registrar's Office