Innovation Management



The Innovation Management option emphasizes innovation, technology commercialization and entrepreneurship to prepare graduates to assume leadership roles in emerging businesses. This MBA option provides the student background, tools and experiential learning in the management of innovative business and technical concepts.

Learning outcomes

Graduates of the MBA in Innovation Management will be able to:

  • Develop a research-driven, investor-ready lean-canvas business model and plan to take an innovative idea to market
  • Present a compelling argument for funding
  • Complete a self-paced project based on development/analysis of an innovative business or concept. Topics come from: OSU research faculty, regional startups, early-phase companies and corporate partners. A project sponsor provides background and advice over the duration of the project. You can also propose your own idea and participate in the four-week “Iterate” program at the Advantage Accelerator (approval required).


The Innovation Management option requires 60 credit-hours of coursework, including:

Core – 1

Innovation Management

15 Credits
BA 513

Business Legal Environment

3 Credits

Provides the essential legal foundation for business managers in companies operating in the U.S. Effective strategies for managers to prevent and resolve legal disputes will be stressed. Topics include legal issues related to corporate forms, creating and enforcing contracts, reducing exposure to tort liability and the role of employees as agents of a business.

BA 514

Operations Management

3 Credits

Provides a foundation for business managers in statistics and operations management. Emphasis on quantitative tools for sampling, interval estimation and hypothesis testing as well as operations management concepts for processes, quality systems, supply chain management, inventory management, resource planning, and sustainable lean systems.

PREREQS: College Algebra

BA 515

Managerial Decision Tools

3 Credits

Develop business management skills by learning the principles of managerial and financial accounting. Emphasis will be placed on understanding financial statements, cost analysis, and funding decisions. Focuses on integrating the theoretical framework of accounting and finance with the “hands on” technical skills needed to evaluate financial decisions within an organization.

PREREQS: College Algebra

BA 516

Creating Value in Exchange

3 Credits

A graduate-level survey course that provides a foundation for business managers in the concepts of marketing. The student will develop an understanding of marketing principles and an awareness of marketing challenges.

PREREQS: Microeconomics

BA 517

Markets and Valuation

3 Credits

Introduces students to the basic questions facing a financial manager and the tools a financial manager uses to find answers to these questions. Introduces the basic tools of finance and applications of financial theory in use today. Students will be introduced to legal, ethical, technology, and global issues facing a financial manager. The course is designed to enhance a student’s approach to financial decision making and emphasizes technical analysis and quantitative approaches to decision making.

PREREQS: BA 515 with a minimum grade of B- or higher.

Core – 2

Innovation Management

27 Credits
BA 528

Financial and Cost Analysis

3 Credits

Analysis of the balance sheet and income statement to determine profitability, risk, and rate of return; preparation of pro forma financial statements; cost measurement for products, projects, jobs, customers, and markets; strategic cost decision making for pricing and resource allocation.

BA 540

Corporate Finance

3 Credits

Emphasizes analytical tools to measure and manage firm value, through corporate strategies such as mergers and acquisitions, leveraged buyouts, international expansion, and new venture development.

BA 550

Organization Leadership and Management

3 Credits

Organization-wide implementation issues driven by change. Provides a balanced view of the structural and human sides of organization design.

BA 555

Practical Business Analysis

3 Credits

Advanced survey of quantitative business methods useful for aiding management decisions. Topics include a review of basic statistics, mathematical programming, business simulation, statistical process control, advanced regression analysis and forecasting.

BA 561

Supply Chain Management

3 Credits

Covers tools and concepts needed to manage the entire supply chain effectively. Topics include negotiation, purchasing, logistics operations, and applying e-business tools. Emphasis on creating integrated supply chains.

BA 569

Advanced Strategic Management

3 Credits

Advanced integrative case-based course on the process of systematically developing and managing firm strategies. Topics are covered from a general management perspective and include setting corporate goals and objectives, analyzing external competitive environments, understanding business models, identifying strategy options, and designing appropriate organization systems and structure for implementation of plans. International and e-business issues are integrated throughout.

BA 572

Advanced Information Systems

3 Credits

The development, implementation and management of information technology applications will be addressed. Topics will address the development and application of technology to support linkages within the organization and outside the organization. Projects will be assigned to illustrate the topics.

BA 590

Marketing Management

3 Credits

Provides students with an understanding of how a market-orientation can help firms to profitably deliver value to their targeted customers. Through a combination of lectures, in-class exercises, and case discussions, students will learn how to analyze complex marketing challenges, and make strategic decisions based on established marketing management principles.

MGMT 559

Managing Ethics and Corporate Social Responsibility

3 Credits

Introduces students to contemporary issues managers face making ethical and socially-responsible decisions in an increasingly competitive, transparent, and global environment. Practical examples and cases, as well as contemporary behavioral ethics research and theory are incorporated throughout the course.

Innovation Management Coursework

18 Credits
BA 531

Business Law – Technology/New Ventures

3 Credits

An integrative course on managing legal and ethical issues for new ventures. Focuses on business law for founders of start-up companies including formation of new business entities, protecting intellectual property, workforce management and global issues. Topics presented from an entrepreneurial perspective and include technology law, e-commerce law and government regulation. Students develop skills to identify and resolve legal and ethical issues, deal with administrative agencies, and proactively manage legal liability. Considerations of ethics and corporate responsibility are emphasized.

BA 560

Venture Planning

3 Credits

Entrepreneurial and innovation processes applied to new business start-ups, existing small businesses, and new ventures within larger organizations; emphasis on venture planning with project management.

BA 562

Managing Projects

3 Credits

Covers tools and concepts used by managers to plan and initiate business projects. Computer applications, cases and a project.

BA 567

Selected Topics in Management

3 Credits

Examination of the impact of recent advances in management on contemporary business. Topic will vary from term to term. Lec/rec. This course is repeatable for a maximum of 16 credits.

BA 568

Integrated Business Project

3 Credits

The project requires students to complete a business plan, as a means of directing the development of a business. A business plan can help focus a business idea, chart a course for strategic business development, and facilitate setting objectives and creating evaluative benchmarks of progress. To be taken during the last year of the MBA program.

BA 570

Innovation Strategy, IP, and NPD

3 Credits

Enables students who are aspiring entrepreneurs forming new ventures or corporate managers leading existing businesses to understand the fundamental drivers of the success or failure of new products, from the perspective of the strategic management of technological innovation.