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BioDesign Innovation (MGMT90231)

Graduate courseworkPoints: 37.5On Campus (Parkville)

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Overview

Year of offer2017
Subject levelGraduate coursework
Subject codeMGMT90231
Campus
Parkville
Availability
Year Long
FeesSubject EFTSL, Level, Discipline & Census Date

BioDesign Innovation is a “real world”, team-based subject in creating successful medical devices. Teams will consist of 2-3 students from the MBA program and 2-3 students from engineering disciplines, along with individuals with medical and law backgrounds to conceive and design an innovative medical device, taking it through all steps of development. The teams will create an engineering prototype of their invention, draft a provisional patent application, and compose a detailed business plan; team members are expected to contribute primarily according their specialisation.

BioDesign Innovation is given over three terms of one academic year and is composed of frontal lectures, practical training, and a guided project. The subject is taught by a combination of academics and guest speakers such as medical device entrepreneurs, corporate executives, intellectual property attorneys and venture capitalists. As such, it provides a unique opportunity to gain real world experience while still in an academic environment.

This subject is only available to students admitted to MC-BAPT, or students with permission of the MBA course coordinator. There is an application process for this subject, and students are required to have achieved a H2B average or better in their course.

Intended learning outcomes

Having completed this unit the student should be able to:

  1. Search, analyse and document clinical practice, engineering science and relevant literature in order to determine the need for further research and development in a chosen clinical area.
  2. Devise a methodology of investigation to improve knowledge or understanding of a chosen interdisciplinary topic.
  3. Collect and analyse a range of data (both qualitative and quantitative) to improve collective understanding of a chosen topic.
  4. Build a device or write software that helps to technologically address a clinical need.
  5. Develop a business plan, including market overview, regulation and reimbursement strategies and intellectual property (IP) strategies.
  6. Write a project report that follows good engineering science practice.
  7. Present an oral presentation of the findings of an investigation to an audience of peers or lay people.

Eligibility and requirements

Prerequisites

Code Name Teaching period Credit Points
BUSA90227 Operations
January
April
October
September
12.5
BUSA90074 Global Business Economics
April
July
October
October
12.5
BUSA90026 Business Strategy
January
April
June
July
12.5

Corequisites

None

Non-allowed subjects

None

Core participation requirements

The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.

Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home

Assessment

Description

  • One team-based written assignment on a clinical need (approximately 2,000 words per student), due in Week 8 or 9 (10%)
  • One team-based written assignment on the proposed medical device (approximately 2,000 words per student), due in Week 12 or 13 (10%)
  • One team-based oral presentation (approximately 15 minutes per student), due in Week 22 (20%)
  • A technical oral presentation (approximately 30 minutes per student, including Q&A), due in Week 32 or 33 (10%)
  • A lay person oral presentation (approximately 10 minutes per student), due in Week 33 or 34 (10%)
  • A professional project report (approximately 5,000 words per student), due in Week 34 (40%)

Dates & times

  • Year Long
    Principal coordinatorKwang Lim
    Mode of deliveryOn Campus — Parkville
    Contact hours90 hours
    Teaching period27 February 2017 to 22 October 2017
    Last self-enrol date10 March 2017
    Census date31 May 2017
    Last date to withdraw without fail22 September 2017
    Assessment period ends17 November 2017

    Year Long contact information

    Melbourne Business School

    Degree Program Services

    Email: programservices@mbs.edu

Further information

  • Texts

    Prescribed texts

    There are no specifically prescribed or recommended texts for this subject.

Last updated: 10 November 2018