Overview

This topic provides an overview of the financial, business and management principles which would enhance understanding of business enterprise for the R&D-intensive bioscience industries. Students will work in management teams to prepare a Business Plan and will cover: an overview of Australia's science and technology policy, in particular how it … For more content click the Read More button below.

Topic availabilities

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Tuition pattern

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Aims

The aim of the topic is to give students experience and knowledge related to the commercialisation of biotechnology products or processes. This involves a basic knowledge of the scientific basis of the product/process, production and manufacture, marketing, sales, financial analysis, personnel and resource management, regulatory affairs, assessment of commercial viability, quality control and assurance. Students work in management teams with assigned tasks and work together to produce the business plan, a presentation of the plan to a board of directors and a company web site. The topic is run in an intensive workshop format with formal team meetings with support from an academic tutor. Lectures and tutorials are presented by external industry-based personnel with expertise in financial management, patenting and intellectual property and marketing, who will conduct workshops with extensive use of case studies.

Assessments

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Requisites information

Pre-requisites:
Anti-requisites:

Assumed knowledge

Successful completion of a Bioscience degree.