Course Structure Overview
The curriculum for the Innovation Management program is designed to provide students with a comprehensive understanding of innovation principles, methodologies, and practical applications. The program spans eight semesters, with each semester structured to build upon previous knowledge while introducing new concepts and skills.
Semester | Course Code | Course Title | Credit (L-T-P-C) | Prerequisites |
---|---|---|---|---|
Semester I | IM-101 | Introduction to Innovation Management | 3-0-0-3 | - |
IM-102 | Mathematics for Innovation | 4-0-0-4 | - | |
IM-103 | Engineering Drawing & Design | 2-0-2-4 | - | |
IM-104 | Basics of Programming | 2-0-2-4 | - | |
IM-105 | Business Communication Skills | 2-0-0-2 | - | |
IM-106 | Introduction to Design Thinking | 3-0-0-3 | - | |
IM-107 | Environmental Science & Sustainability | 3-0-0-3 | - | |
IM-108 | Workshop in Innovation Tools | 0-0-2-2 | - | |
IM-109 | Science Elective I | 3-0-0-3 | - | |
IM-110 | Science Elective II | 3-0-0-3 | - | |
IM-111 | Introduction to Innovation Lab | 0-0-2-2 | - | |
IM-112 | Entrepreneurship Fundamentals | 2-0-0-2 | - | |
Semester II | IM-201 | Innovation Processes & Models | 3-0-0-3 | IM-101 |
IM-202 | Statistics for Innovation | 3-0-0-3 | IM-102 | |
IM-203 | Engineering Materials & Processes | 3-0-0-3 | - | |
IM-204 | Computer Programming II | 2-0-2-4 | IM-104 | |
IM-205 | Business Ethics & CSR | 3-0-0-3 | - | |
IM-206 | Project Management Fundamentals | 3-0-0-3 | - | |
IM-207 | Human Factors in Innovation | 3-0-0-3 | - | |
IM-208 | Workshop in Prototyping Tools | 0-0-2-2 | - | |
IM-209 | Science Elective III | 3-0-0-3 | - | |
IM-210 | Science Elective IV | 3-0-0-3 | - | |
IM-211 | Innovation Lab II | 0-0-2-2 | IM-111 | |
IM-212 | Leadership & Team Dynamics | 2-0-0-2 | - | |
Semester III | IM-301 | Strategic Innovation Management | 3-0-0-3 | IM-201 |
IM-302 | Data Analysis for Innovation | 3-0-0-3 | IM-202 | |
IM-303 | Technology & Innovation Policy | 3-0-0-3 | - | |
IM-304 | Software Engineering Principles | 3-0-0-3 | IM-204 | |
IM-305 | Innovation in Healthcare Systems | 3-0-0-3 | - | |
IM-306 | Marketing Innovation Strategies | 3-0-0-3 | - | |
IM-307 | Intellectual Property Rights | 3-0-0-3 | - | |
IM-308 | Workshop in Data Visualization | 0-0-2-2 | - | |
IM-309 | Departmental Elective I | 3-0-0-3 | - | |
IM-310 | Departmental Elective II | 3-0-0-3 | - | |
IM-311 | Innovation Lab III | 0-0-2-2 | IM-211 | |
IM-312 | Cross-Cultural Innovation | 2-0-0-2 | - | |
Semester IV | IM-401 | Innovation Ecosystems | 3-0-0-3 | IM-301 |
IM-402 | Advanced Business Analytics | 3-0-0-3 | IM-302 | |
IM-403 | Product Development Lifecycle | 3-0-0-3 | - | |
IM-404 | Systems Thinking & Innovation | 3-0-0-3 | - | |
IM-405 | Financial Aspects of Innovation | 3-0-0-3 | - | |
IM-406 | Innovation Metrics & Impact Assessment | 3-0-0-3 | - | |
IM-407 | Workshop in Innovation Tools | 0-0-2-2 | - | |
IM-408 | Departmental Elective III | 3-0-0-3 | - | |
IM-409 | Departmental Elective IV | 3-0-0-3 | - | |
IM-410 | Innovation Lab IV | 0-0-2-2 | IM-311 | |
IM-411 | Research Methodology in Innovation | 3-0-0-3 | - | |
IM-412 | Career & Personal Development | 2-0-0-2 | - | |
Semester V | IM-501 | Digital Innovation & AI Applications | 3-0-0-3 | IM-402 |
IM-502 | Blockchain for Innovation | 3-0-0-3 | - | |
IM-503 | Sustainable Development Goals & Innovation | 3-0-0-3 | - | |
IM-504 | Entrepreneurship & Startup Ecosystems | 3-0-0-3 | - | |
IM-505 | Innovation in Public Sector | 3-0-0-3 | - | |
IM-506 | Cross-Domain Innovation | 3-0-0-3 | - | |
IM-507 | Workshop in Innovation Platforms | 0-0-2-2 | - | |
IM-508 | Departmental Elective V | 3-0-0-3 | - | |
IM-509 | Departmental Elective VI | 3-0-0-3 | - | |
IM-510 | Mini Project I | 0-0-4-4 | - | |
IM-511 | Innovation Lab V | 0-0-2-2 | IM-410 | |
IM-512 | Industry Internship | 0-0-6-6 | - | |
Semester VI | IM-601 | Advanced Innovation Strategy | 3-0-0-3 | IM-501 |
IM-602 | Global Innovation Trends | 3-0-0-3 | - | |
IM-603 | Innovation & Ethics | 3-0-0-3 | - | |
IM-604 | Risk Management in Innovation | 3-0-0-3 | - | |
IM-605 | Innovation Metrics & KPIs | 3-0-0-3 | - | |
IM-606 | Workshop in Innovation Tools II | 0-0-2-2 | - | |
IM-607 | Departmental Elective VII | 3-0-0-3 | - | |
IM-608 | Departmental Elective VIII | 3-0-0-3 | - | |
IM-609 | Mini Project II | 0-0-4-4 | IM-510 | |
IM-610 | Innovation Lab VI | 0-0-2-2 | IM-511 | |
IM-611 | Industry Internship II | 0-0-6-6 | IM-512 | |
IM-612 | Final Year Thesis/Capstone Project | 0-0-8-8 | - |
Advanced Departmental Electives
The department offers a range of advanced electives designed to allow students to specialize in specific areas within innovation management. These courses are delivered by faculty members who are experts in their respective fields and bring both academic rigor and industry experience.
- AI for Innovation: This course explores how artificial intelligence can be leveraged to accelerate innovation processes. Students learn about machine learning algorithms, natural language processing, computer vision, and deep learning applications in innovation contexts. Through hands-on labs and real-world projects, students develop AI-based tools that enhance idea generation, evaluation, and implementation.
- Cybersecurity Innovation: As cybersecurity threats continue to evolve, this course examines how innovation can be used to strengthen digital defenses. Students explore topics such as threat modeling, secure architecture design, blockchain-based security solutions, and privacy-preserving technologies. The course includes simulations and case studies from global cybersecurity incidents.
- Sustainable Product Innovation: Focused on environmental sustainability, this elective teaches students how to integrate sustainable practices into product development cycles. Topics include eco-design principles, lifecycle assessment, circular economy models, and green innovation strategies. Students work on projects that address real-world environmental challenges using innovative approaches.
- Innovation in Healthcare: This course examines the unique challenges and opportunities in healthcare innovation. Students study medical device design, digital health solutions, personalized medicine, regulatory compliance, and patient-centered care models. Collaborations with local hospitals and research centers provide students with practical exposure to healthcare innovation.
- Public Sector Innovation: Designed for students interested in working in government or public institutions, this elective focuses on innovation strategies that address societal challenges. Topics include policy innovation, citizen engagement, digital governance, and social impact measurement. Students engage in projects with local governments and NGOs to develop innovative solutions for community problems.
- Entrepreneurship & Innovation Ecosystems: This course provides an overview of how startups and entrepreneurs can thrive within larger innovation ecosystems. Students learn about venture capital financing, business model innovation, customer discovery, and scalable growth strategies. Real-world case studies from successful startups in India and abroad are analyzed to understand the dynamics of ecosystem development.
- Innovation Metrics & Impact Assessment: This elective teaches students how to measure the success of innovation initiatives using quantitative and qualitative methods. Students learn about key performance indicators, return on investment (ROI) analysis, impact mapping, and stakeholder feedback mechanisms. The course includes practical exercises in designing evaluation frameworks for innovation projects.
- User-Centered Design: Focused on understanding user needs and preferences, this course introduces students to design thinking methodologies, prototyping techniques, usability testing, and human factors engineering. Students work on real-world design challenges with users from diverse backgrounds, ensuring that their innovations are both functional and user-friendly.
- Open Innovation & Crowdsourcing: This course explores how organizations can leverage external sources of innovation to accelerate development cycles. Students examine open innovation platforms, crowdsourcing models, innovation networks, and collaborative ecosystems. The track includes internships with innovation hubs, startup accelerators, and corporate innovation labs.
- Business Model Innovation: Students learn how to create and test new business models that drive innovation and value creation. Topics include disruptive innovation, platform economics, subscription models, and monetization strategies. Through simulations and real-world projects, students experiment with innovative approaches to business model development.
Project-Based Learning Framework
Our department places a strong emphasis on project-based learning, which is integrated throughout the curriculum from early semesters to final year capstone projects. This approach ensures that students develop practical skills and apply theoretical concepts in real-world contexts.
The framework begins with mini-projects during the third and fourth semesters, where students work in teams to solve specific innovation challenges. These projects are guided by faculty mentors and often involve collaboration with industry partners. Students are expected to demonstrate their ability to identify problems, propose solutions, implement prototypes, and evaluate outcomes.
The final-year thesis/capstone project is a comprehensive endeavor that requires students to conduct independent research or develop a significant innovation initiative. The project must address a real-world problem, involve substantial research or experimentation, and result in a deliverable that demonstrates mastery of the subject matter.
Students are supported throughout their projects by dedicated faculty advisors, access to specialized tools and resources, and regular feedback sessions. The evaluation criteria include project design, execution quality, innovation potential, teamwork effectiveness, and presentation skills. Additionally, students present their projects at an annual Innovation Showcase, where they receive feedback from peers, faculty, and industry experts.
The department encourages students to seek mentorship from faculty members whose expertise aligns with their project interests. This ensures that students receive guidance tailored to their specific goals and challenges. Faculty mentors play a crucial role in helping students navigate technical difficulties, refine their ideas, and connect with relevant industry contacts.