Course details

Summary

Are you excited by the idea of turning innovative ideas into real products or services? Get the knowledge and skills you need to take ideas to market. Whether you want to commercialise a scientific discovery, an invention or idea for any new product or service, the MInnComl will give you a head start in the marketplace.

The programme draws from a range of disciplines and is ideal for people with a background in engineering, science, business, law or design.

Real-world project

You’ll complete an individual project that fits with your career goals—you might create a new product or improve an existing one, explore commercialising scientific research, or solve a need you’ve identified in the market. If you don't know what project you want to work on, you'll be helped to find one.

Past students have explored projects that include methane inhibitors in cattle, power pole maintenance, training provision in developing countries, new beverages and environmentally sustainable toothbrushes.

Earn your Master's while you spend a year working on your project. Work with the support of mentors, industry experts, structured classes and an Advisory Board made up of fellow students.

You can work on a project as part of your current job, or you can develop your own idea, or work on a project alongside a commercial or research-based organisation. Victoria has relationships with a range of organisations and will help you make the match.

Valuable skills

After completing a Master of Innovation and Commercialisation, you'll be able to:

• identify opportunities and assess the feasibility of new products and markets
• understand the research, design and manufacturing and commercialisation processes
• understand intellectual property, regulatory requirements and funding options
• work effectively in a multidisciplinary team
• work effectively with commercial and research organisations
• prepare a business case for a product.

What you'll study

You’ll complete three courses and the 120-point commercialisation project. You’ll first take an introductory course in developing and commercialising innovation-based projects, and you must achieve at least a B+ in this to continue the programme.

Next you’ll complete two courses that explore strategy and product validation, and product development and commercialisation. As you work through these courses you’ll begin researching your own project a product feasibility study and development plan.

All courses are compulsory and each involves a combination of workshops, lectures, guest speakers and team work.

Entry criteria

• A Bachelor's degree with a B range average grade or higher, or extensive professional experience
• To be accepted by the programme director and the associate dean of students as capable of proceeding with the proposed course of study

Other English Language requirements:

• IELTS overall band of 6.5, no sub-score below 6.0; or
• TOEFL 90 on the internet-based test with at least 20 in writing; or
• A minimum of two ratings of 5 and two ratings of 4 in the Victoria University English Proficiency Programme test
• Pearson Test of English: A score of 65 (with a ‘Communicative’ score of not less than 58).