Many lucrative industries, such as technology and finance, have a high demand for managers and executives who understand how new products and services are developed and implemented. Innovation programs often cover topics relevant to this, such as research methodology and market strategy.

Graduate diplomas are typically not offered in the United States. The American equivalent of a diploma is referred to as a professional certification. Each university has a different set of requirements for admission, so students should perform in-depth research on programs before applying.