Motion Introduced by: Curriculum and Academic Programs Committee
Date of First Reading: November 4, 2019
Date of Second Reading: December 2, 2019
Title of Motion: Request from the Herberger Institute for Design and the Arts – The Design School - for the establishment of a graduate degree – MS in Innovation and Venture Development
Action Requested: This curricular proposal has received all college, school, unit and university administrative approvals, and is being presented to the Senate for review and voting decision.
Rationale: MS Innovation and Venture Development integrates the most advanced practices and technologies from three essential disciplines of business, engineering and design in a trans-disciplinary, experience-based learning program that prepares the next generation of leaders with the mindset, skillsets and processes needed to launch successful ventures in any industry or sector, inside existing organizations or as new entities.
Graduates will gain both the expert and soft skills required to work within complex systems, lead cross-disciplinary teams, identify needs, evaluate opportunities, generate insights from real world problems, innovate solutions, develop initiatives, create and launch scalable business models that provide value to all stakeholders in a world of growing uncertainty and ambiguity. The program incorporates principles of equity and sustainability, and prepares graduates to address the defining issues of our time.