MBA Innovation and Design
The MBA Innovation and Design Programme is focused on professionals who aspire to use innovative design to create a sustainable competitive advantage for their firms. This programme integrates creative design thinking with essential business principles, empowering students to tackle complex challenges through experiential learning and industry partnerships. The programme covers advanced concepts like breakthrough innovation, business model innovation, monetisation of innovation, circularity and sustainability. Students graduating from this programme will emerge as forward-thinking leaders capable of transforming innovative ideas into actionable strategies for lasting impact.
MBA Innovation and Design
Fee Per Year
Rs.6,05,000
Indian: Minimum 50% aggregate in Graduation (3/4 Year Full-time Bachelor’s Degree) in any stream from UGC approved Institution/ University or equivalent (at least 45% marks, in case of Reserved Class category candidate belonging to Maharashtra State only).
AND
Minimum three years of work experience.
Personal Interaction (PI), conducted by MIT-WPU with Past Academic Record, Statement of Purpose and Work Experience.
Note: A valid (non-zero) national level entrance score is mandatory for confirmation of admission. (CAT 2024/ XAT 2025/ NMAT 2024/ GMAT/ CMAT 2025/ MAH-CET 2025/ MAT- Sept. 2024 onwards/ MAT 2025/ PERA CET 2025 score).
Content:
- Discover a range of exceptional courses that go beyond the traditional MBA offerings (e.g. - Breakthrough Innovation, Business Model Innovation, Monetisation of Innovation, Design as a Sustainable Competitive Advantage etc)
- Imparts advanced tools and techniques like Squid, KJ Method, Brain Writing, Open Innovation, Corporate Venturing, Assumption Killing, Moonshot Thinking, Disruptive Technologies and 6D Framework
- Offers strong emphasis on the softer side of innovation - storytelling, aesthetics and negotiation skills
- Emphasises on user-focused innovation, thereby equipping students to create impactful customer experiences.
- Integrates the whole learning with an outcome oriented, interdisciplinary Capstone Project
- Consolidates the experiential learning with two week-long immersions – national and international
Delivery:
- The program spans across 4 Semesters (2 years), 720+ Class Hours, 28 Courses and 81 Credits
- Every semester starts with a 9-day (one week plus two weekends) intensive immersion in campus, followed by 11 alternate weekends of class, with the last being the assessment weekend.
- Innovative pedagogy combines dynamic delivery methods such as case studies, flipped classrooms, role-playing, presentations, business simulations, and engaging peer discussions for an immersive learning experience.
- Continuous assessment throughout the course
- Courses offered by Leadership School and Design School faculty plus Industry Experts.
The MBA in International Business typically consists of four semesters designed to build upon each other.
- Principles of Innovation & Design Management
- Economics & Public Policy
- Design as a SCA
- IP/Patents/Trademarks
- Research Methodology-I
- Marketing & New Product Development
- Supply Chain Management
- OB/HR
- Innovation Practices - Micro & Macro Methods
- Human Centric Design
- Experimental Design & Prototyping
- Softer Side of Innovation - Stories, Aesthetics
- Financial Management
- Strategic Management & Blue Ocean Strategy
- Research Methodology-II
- Breakthrough Innovation and Growth
- Business Model Innovation
- Innovation in Manufacturing & Services
- Circular Innovation and Sustainability
- UI / UX Design
- Measuring & Monetising Innovation
- Project & R&D Management
- Cognitive Psychology
- Entrepreneurship
- Leadership and Change Management
- Risk Management
- mergent Technologies
- Artificial Intelligence / Machine Learning
- Apply knowledge of theories, frameworks, & models in innovation & design thinking
- Gain insights into entrepreneurship, business models, and startup ecosystem
- Use technology and digital tools for innovation and design practices
- Analyze problems, identify opportunities, propose innovative solutions, use critical thinking
- Foster an innovative mindset with curiosity, experimentation, and resilience
- Gain global perspectives and navigate cross-cultural interactions through international immersion
- Understand the importance of sustainable innovations
- Develop a human-centric and empathetic approach to design
- Contribute to sustainable development goals
The programme focuses on enhancing leadership abilities in innovation, creativity, and design thinking, merging business strategy with inventive problem-solving to assist executives in guiding transformative initiatives and nurturing innovative cultures within their organisations.
In contrast to conventional MBAs that emphasise overall business management, this programme explores innovation frameworks and design methodologies in greater depth, providing practical, project-oriented experiences aimed at addressing intricate business issues.
This programme is intended for mid-career to senior executives who hold a bachelor's degree and have a minimum of three years of professional experience. Candidates usually fall between the ages of 25 and 40 and aim to foster innovation within their organisations.
The programme is available in-person at the MIT-WPU Kothrud campus, featuring classroom sessions every other weekend for two years, along with extra MOOC courses.
Interested candidates should apply online and fulfil the eligibility requirements. Selection is determined by the eligibility criteria and the admission procedure specified by the Ramcharan School of Leadership at MIT-WPU. For additional information, check the MIT-WPU website.
An MBA in Innovation and Design provides graduates with adaptable skills suitable for multiple industries like
- Marketing, Public Relations, Branding
- Consumer Goods
- Manufacturing
- Financial Services
- FINTECH
- Technology
- Retail and E-commerce
- Public Services / Healthcare
- Automotive and Auto-ancillary and many more
admissions@mitwpu.edu.in 
