BUSINESS & ECONOMICS

Master of Business Development (Online)

MBusDev

 Develop the knowledge, skills, mindset and networks to advance your career in business development. This flexible masters programme is designed to fit around your work and personal commitments.

Entry Requirements

Taught 180-points:

A relevant bachelors degree with a GPA of 4.0 and at least three years’ relevant work experience. 

Taught 120-points:

A relevant bachelors honours degree or a Postgraduate Diploma in Business with a GPA of 4.0 

and at least three years’ relevant work experience. 

*Pathway options available for those who do not meet the above requirements.

 

Duration

Taught 180-points: 

  • 3-years (part-time)
  • 2-years (full-time)

Taught 120-points: 

  • 2-years (part-time)

Next start date

2022

  • 4 April 2022 (Quarter 2)
  • 19 September 2022 (Quarter 4)

Full Programme Fees

120-point: $10,282

180-point: $15,422

(Fees can be paid in quarterly instalments) 

Programme Overview

The Master of Business Development (MBusDev) is designed for early-to-mid career professionals engaged in business development seeking to gain knowledge and expertise in business development while building practical skills and capabilities in a specialist field. The MBusDev focuses on building the skills required to expand and grow businesses by developing new products or services, modifying or enhancing existing products or services, entering new markets, and partnering or developing strategic alliances. To ensure the best fit with your career progression and advancement goals, two specialisations are offered: Technology Commercialisation, and Innovation & Product Management. If your goal is to advance your career and acquire the knowledge, mindset, personal and professional skills required to achieve your potential in a dynamic, increasingly global and technology-driven business environment, this programme is for you.

Dr Peter Smith (Senior Lecturer) explains what Business Development is and gives an overview of the different parts of the programme.

Rod B McNaughton (Professor of Entrepreneurship) speaks to one of the programme’s specialisation options – Innovation & Product Management.

The Master of Business Development specialisation in Innovation & Product Management is for those who want to advance their knowledge about innovation and product management. This specialisation develops advanced capabilities in a mix of practical and theoretical areas of study related to the processes that underpin the growth and success of business. You will sharpen your knowledge and skills in customer insight, market assessment and translating business-to-technical requirements, by studying the latest trends in sustainable product management, resource allocation, developing business cases, and monitoring product performance.

The Master of Business Development specialisation in Technology Commercialisation is for those who want to gain advanced knowledge about how to develop new, and often never seen before, products based on science and technology in order to expand businesses. This specialisation will teach you how to develop the skills and knowledge required to understand and build pathways to commercialise new products, innovations, inventions, as well as new services and processes based on research discoveries. 

A Postgraduate Certificate in Business Development specialising in Innovation & Product Management, Technology Commercialisation, or Management is also available for those wishing to pursue a shorter qualification.

The 180-point MBusDev programme consists of 11 courses, and the 120-points MBusDev programme comprises 7 courses. Each course runs over a 10-week quarter, allowing you to take one course at a time and complete this programme in 2-3 years. The 180-point MBusDev schedule enables you to accelerate the programme by taking two courses per quarter for the first 120-points of the programme. 

The 2022-2023 Quarters are scheduled as follows: 

2022

  • Quarter 1: 10 January
  • Quarter 2: 4 April 
  • Quarter 3: 27 June 
  • Quarter 4: 19 September

2023 

  • Quarter 1: 9 January
  • Quarter 2: 3 April
  • Quarter 3: 3 July 
  • Quarter 4: 25 September 

The MBusDev is available in two specialisations, Innovation & Product Management, and Technology Commercialisation. 

The 180-point MBusDev programme is structured in three-parts. Part 1 locates business development with core business processes and develops practical skills to enable you to more effectively work across the business. Part 2 builds skills, knowledge, and capabilities in your chosen specialisation, either Innovation & Product Management, or Technology Commercialisation. Finally, Part 3 extends the capabilities developed in Part 2 to leading applied business development projects, culminating in a large applied industry-based capstone project. The 120-point MBusDev programme structure comprises only parts 2 and 3.

Part 1: Business Development Core Courses (180-point MBusDev only) Part 2: Specialisation Courses in Innovation & Product Management Part 2: Specialisation courses in Technology Commercialisation  Part 3: Capstone and applied project 
  • BUSDEV 711 
  • BUSDEV 712 
  • BUSDEV 713 
  • BUSDEV 715 
  • BUSDEV 721 
  • BUSDEV 722 
  • BUSDEV 723  
  • BUSDEV 724 
  • BUSDEV 731 
  • BUSDEV 732 
  • BUSDEV 733 
  • BUSDEV 734 
  • BUSDEV 780 
  • BUSDEV 781 
  • BUSDEV 782 A/B

 

Part Course Code Course Description Points 

Part 1: Courses in Business Development 

(180-point MBusDev only)

BUSDEV 711  Business in a Changing World Examines the implications of disruptive technologies such as AI, blockchain and deep learning. Focuses on enabling managers to understand various disruptive trends such as aging populations, global shifts in economic power and urbanisation. Analytical tools, concepts and perspectives are provided which help managers analyse and put forward recommendations on how to navigate disruptive trends and technologies. 15
BUSDEV 712  Financial Management  Develops an understanding of the financial implications of the decisions managers make and methods for ensuring clear communication of those decisions to various primary and secondary stakeholders. Fundamental techniques and tools required to manage finances and accounts are examined including assessing business feasibility, identifying suitable sources of financing and effectively communicating financial performance information. 15
BUSDEV 713  Sustainable Value Chains Explores the reasons for creating value for multiple stakeholders, while striking a balance between growth and sustainability in private and public organisations. Examines the ways in which sustainable value is created through effective and efficient operations, information systems, and supply chain management. Focuses on process design for productivity and sustainability, particularly in uncertain and complex business contexts. 15
BUSDEV 715  Contemporary Marketing  Explores highly dynamic business environments and how ongoing digital transformation creates dramatic changes in the role of marketing. Develops an understanding of how collaboration with various stakeholders (e.g. customers, partners and competitors) can create and sustain value. Focuses on the theory and practice of contemporary marketing. 15
Part 2: Specialisation Courses in Innovation & Product Management  BUSDEV 721 Innovation Management and Strategy  Examines various sources of innovation and the capabilities, processes and challenges of managing innovation and embedding it across an organisation. Focuses on the process of formulating innovation strategy and common elements of innovation strategies. 15
BUSDEV 722 Product Management  Considers the product manager’s role in developing and leading product strategy, managing a product portfolio, and helping to foster innovation. Develops capabilities to foster collaboration between functions, manage projects, develop persuasive business cases, and manage products throughout their lifecycle. 15
BUSDEV 723 New Product Development Processes Develops the knowledge and capabilities to lead new product development processes and launch products into the market. Examines practices for customer insight, design, prototyping, product planning, and go-to-market strategies. 15
BUSDEV 724 Designing for Sustainability  Addresses challenges in designing for sustainability, including lifetime and disposal costs, environmental and social impacts, compliance issues, and tensions between corporate responsibility and profit generation. Explores contemporary topics like eco-innovation, circular economy, and social enterprise. 15
Part 2: Specialisation Courses in Technology Commercialisation BUSDEV 731 Business Analytics  Addresses the conditions of uncertainty under which more traditional methods of business analytics cannot always be applied. Explores how effective business analysis requires a systematic and multi-disciplinary approach to help drive business success. Examines various analytical methods to aid managerial decision making. 15
BUSDEV 732 Commercialising Technology Develops frameworks to help managers understand and analyse the different stages of bringing technology to market and the associated risks and challenges. Examines how organisations set technology and commercialisation strategies and objectives and effectively manage portfolios of projects. 15
BUSDEV 733 Turning Technology into IP Clarifies the process of turning technology into intellectual property. Focuses on the different approaches, methods and processes to identify, evaluate and progress technology into intellectual property. 15
BUSDEV 734 Technology Entrepreneurship Focuses on the identification and management of strategic opportunities. Provides skills and knowledge to help managers and entrepreneurs to exploit science-based opportunities. Explores practices through which entrepreneurial action can create and capture value in new and established ventures. 15
Part 3: Business development project courses BUSDEV 780 Personal and Team Leadership Focuses on developing personal and team leadership capabilities within complex, uncertain and creative business contexts. Provides tools and techniques to develop leadership capabilities and self-awareness. Engages students in personal development experiences which enable them to reflect on their strengths and weaknesses and encourages approaches to leadership that are well-suited to current and future work contexts. 15
BUSDEV 781 Managing Collaborative Projects Focuses on managers’ responsibilities and challenges when leading, organising and working within collaborative projects. Explores and evaluates various distributed collaboration tools used to establish and manage project teams. Planning, control, and execution models for capstone projects are reviewed and critiqued. Develops skills in the facilitation and effective management of complex collaborations and project team-dynamics within and beyond organisational boundaries. 15
BUSDEV 782A/B Capstone Project Working with a client’s real-world and real-time problem, students will choose, integrate, and apply theories, frameworks and tools to understand the problem, and subsequently generate and iterate possible solutions. Plans, reports and presentations will be produced and communicated with the intention of informing and influencing clients and affected stakeholders. 30
 

As a graduate of the Master of Business Development, you will be able to:

  • Demonstrate advanced knowledge of the theories and practices of the business processes associated with innovation and product management, and effectively and justifiably apply that knowledge in the context of ambiguity and complexity.
  • Evaluate and synthesise evidence from multiple sources, integrate feedback into practice, and undertake critical and reflexive thinking when working through complex challenges.
  • Identify, diagnose and frame complex problems, and to use integrative thinking to iterate through the development of innovative solutions, selecting between alternatives, and implementing appropriate solutions.
  • Work effectively in teams and communicate orally and in writing using a range of media.
  • Demonstrate effective stakeholder communication and engagement strategies in order to achieve successful business development outcomes.
  • Work autonomously and ethically, demonstrating self-management, reflexivity and adaptability in the face of ambiguity.
  • Make business decisions that reflect a consideration of their environmental and social responsibilities, internal and external stakeholder interests, and of the principles underpinning the Treaty of Waitangi and sustainability.

The Master of Business Development specialisation in Innovation & Product Management is for those who want to advance their knowledge about innovation and product management. This specialisation develops advanced capabilities in a mix of practical and theoretical areas of study related to the processes that underpin the growth and success of business. You will sharpen your knowledge and skills in customer insight, market assessment and translating business-to-technical requirements, by studying the latest trends in sustainable product management, resource allocation, developing business cases, and monitoring product performance.

The Master of Business Development specialisation in Technology Commercialisation is for those who want to gain advanced knowledge about how to develop new, and often never seen before, products based on science and technology in order to expand businesses. This specialisation will teach you how to develop the skills and knowledge required to understand and build pathways to commercialise new products, innovations, inventions, as well as new services and processes based on research discoveries. 

A Postgraduate Certificate in Business Development specialising in Innovation & Product Management, Technology Commercialisation, or Management is also available for those wishing to pursue a shorter qualification.

The 180-point MBusDev programme consists of 11 courses, and the 120-points MBusDev programme comprises 7 courses. Each course runs over a 10-week quarter, allowing you to take one course at a time and complete this programme in 2-3 years. The 180-point MBusDev schedule enables you to accelerate the programme by taking two courses per quarter for the first 120-points of the programme. 

The 2022-2023 Quarters are scheduled as follows: 

2022

  • Quarter 1: 10 January
  • Quarter 2: 4 April 
  • Quarter 3: 27 June 
  • Quarter 4: 19 September

2023 

  • Quarter 1: 9 January
  • Quarter 2: 3 April
  • Quarter 3: 3 July 
  • Quarter 4: 25 September 

The MBusDev is available in two specialisations, Innovation & Product Management, and Technology Commercialisation. 

The 180-point MBusDev programme is structured in three-parts. Part 1 locates business development with core business processes and develops practical skills to enable you to more effectively work across the business. Part 2 builds skills, knowledge, and capabilities in your chosen specialisation, either Innovation & Product Management, or Technology Commercialisation. Finally, Part 3 extends the capabilities developed in Part 2 to leading applied business development projects, culminating in a large applied industry-based capstone project. The 120-point MBusDev programme structure comprises only parts 2 and 3.

Part 1: Business Development Core Courses (180-point MBusDev only)
  • BUSDEV 711 
  • BUSDEV 712 
  • BUSDEV 713 
  • BUSDEV 715 
Part 2: Specialisation Courses in Innovation & Product Management
  • BUSDEV 721 
  • BUSDEV 722 
  • BUSDEV 723  
  • BUSDEV 724 
Part 2: Specialisation courses in Technology Commercialisation 
  • BUSDEV 731 
  • BUSDEV 732 
  • BUSDEV 733 
  • BUSDEV 734 
Part 3: Capstone and applied project 
  • BUSDEV 780 
  • BUSDEV 781 
  • BUSDEV 782 A/B

 

Part 1: Business Development Core Courses (180-point MBusDev only)

Course Detail
Business in a Changing World (BUSDEV 711)
15 points

Examines the implications of disruptive technologies such as AI, blockchain and deep learning. Focuses on enabling managers to understand various disruptive trends such as aging populations, global shifts in economic power and urbanisation. Analytical tools, concepts and perspectives are provided which help managers analyse and put forward recommendations on how to navigate disruptive trends and technologies.

Financial Management (BUSDEV 712)
15 points

Develops an understanding of the financial implications of the decisions managers make and methods for ensuring clear communication of those decisions to various primary and secondary stakeholders. Fundamental techniques and tools required to manage finances and accounts are examined including assessing business feasibility, identifying suitable sources of financing and effectively communicating financial performance information.

Sustainable Value Chains (BUSDEV 713)
15 points

Explores the reasons for creating value for multiple stakeholders, while striking a balance between growth and sustainability in private and public organisations. Examines the ways in which sustainable value is created through effective and efficient operations, information systems, and supply chain management. Focuses on process design for productivity and sustainability, particularly in uncertain and complex business contexts.

Contemporary Marketing (BUSDEV 715)
15 points

Explores highly dynamic business environments and how ongoing digital transformation creates dramatic changes in the role of marketing. Develops an understanding of how collaboration with various stakeholders (e.g. customers, partners and competitors) can create and sustain value. Focuses on the theory and practice of contemporary marketing.

 
 
Part 2: Specialisation Courses in Innovation & Product Management
Course Detail

Innovation Management and Strategy (BUSDEV 721)
15 points

Examines various sources of innovation and the capabilities, processes and challenges of managing innovation and embedding it across an organisation. Focuses on the process of formulating innovation strategy and common elements of innovation strategies.

Product Management (BUSDEV 722)
15 points

Considers the product manager’s role in developing and leading product strategy, managing a product portfolio, and helping to foster innovation. Develops capabilities to foster collaboration between functions, manage projects, develop persuasive business cases, and manage products throughout their lifecycle.

New Product Development Processes (BUSDEV 723)
15 points

Develops the knowledge and capabilities to lead new product development processes and launch products into the market. Examines practices for customer insight, design, prototyping, product planning, and go-to-market strategies.

Designing for Sustainability (BUSDEV 724)
15 points

Addresses challenges in designing for sustainability, including lifetime and disposal costs, environmental and social impacts, compliance issues, and tensions between corporate responsibility and profit generation. Explores contemporary topics like eco-innovation, circular economy, and social enterprise.

 

Part 2: Specialisation courses in Technology Commercialisation 

Course Detail

Business Analytics (BUSDEV 731)
15 points

Addresses the conditions of uncertainty under which more traditional methods of business analytics cannot always be applied. Explores how effective business analysis requires a systematic and multi-disciplinary approach to help drive business success. Examines various analytical methods to aid managerial decision making.

Commercialising Technology (BUSDEV 732)
15 points

Develops frameworks to help managers understand and analyse the different stages of bringing technology to market and the associated risks and challenges. Examines how organisations set technology and commercialisation strategies and objectives and effectively manage portfolios of projects.

Turning Technology into IP (BUSDEV 733)
15 points

Clarifies the process of turning technology into intellectual property. Focuses on the different approaches, methods and processes to identify, evaluate and progress technology into intellectual property.

Technology Entrepreneurship (BUSDEV 734)
15 points

Focuses on the identification and management of strategic opportunities. Provides skills and knowledge to help managers and entrepreneurs to exploit science-based opportunities. Explores practices through which entrepreneurial action can create and capture value in new and established ventures.

 

Part 3: Business development project courses

Course Detail
Personal and Team Leadership (BUSDEV 780)
15 points
Focuses on developing personal and team leadership capabilities within complex, uncertain and creative business contexts. Provides tools and techniques to develop leadership capabilities and self-awareness. Engages students in personal development experiences which enable them to reflect on their strengths and weaknesses and encourages approaches to leadership that are well-suited to current and future work contexts.

Managing Collaborative Projects (BUSDEV 781)
15 points

Focuses on managers’ responsibilities and challenges when leading, organising and working within collaborative projects. Explores and evaluates various distributed collaboration tools used to establish and manage project teams. Planning, control, and execution models for capstone projects are reviewed and critiqued. Develops skills in the facilitation and effective management of complex collaborations and project team-dynamics within and beyond organisational boundaries.

Capstone Project (BUSDEV 782A/B)
30 points

Working with a client’s real-world and real-time problem, students will choose, integrate, and apply theories, frameworks and tools to understand the problem, and subsequently generate and iterate possible solutions. Plans, reports and presentations will be produced and communicated with the intention of informing and influencing clients and affected stakeholders.

 

As a graduate of the Master of Business Development, you will be able to:

  • Demonstrate advanced knowledge of the theories and practices of the business processes associated with innovation and product management, and effectively and justifiably apply that knowledge in the context of ambiguity and complexity.
  • Evaluate and synthesise evidence from multiple sources, integrate feedback into practice, and undertake critical and reflexive thinking when working through complex challenges.
  • Identify, diagnose and frame complex problems, and to use integrative thinking to iterate through the development of innovative solutions, selecting between alternatives, and implementing appropriate solutions.
  • Work effectively in teams and communicate orally and in writing using a range of media.
  • Demonstrate effective stakeholder communication and engagement strategies in order to achieve successful business development outcomes.
  • Work autonomously and ethically, demonstrating self-management, reflexivity and adaptability in the face of ambiguity.
  • Make business decisions that reflect a consideration of their environmental and social responsibilities, internal and external stakeholder interests, and of the principles underpinning the Treaty of Waitangi and sustainability.

*Our Programme Advisors will provide all official programme information, including regulations about entry, enrolment, course fees, examinations and requirements for degrees, diplomas and certificates as per the University Calendar. Please note that the programme fees are indicative and estimates only. Fees are set in advance of each calendar year and will be updated on this website. Fees are inclusive of 15% GST, but do not include the Student Services Fee course books, travel and health insurance, or living costs. Fees will be confirmed upon completion of enrolment into courses.

Frequently Asked Questions – Master of Business Development

Who is the Master of Business Development suitable for?

This MBusDev programme is designed for graduates of the following faculties: Business, Engineering, Health sciences, Humanities, Science, Technology.

This programme is ideal for early-to-mid career professionals with at least three years of relevant experience, who wish to pursue further studies specialised in either Innovation & Product Management or Technology Commercialisation on a part-time basis.

What will the Master of Business Development teach you?

The MBusDev programme will teach you a diverse range of skills in your chosen specialisation of either Innovation and Product Management or Technology Commercialisation. 

The Innovation & Product Management specialisation will teach you: 

  • Customer insight 
  • Market assessment
  • Product design
  • Translating business-to-technical requirements 
  • Sustainable products
  • Resource allocation
  • Developing business cases 
  • Monitoring product performance 
  • And more! 

The Technology Commercialisation specialisation will teach you: 

  • Business analysis
  • Bringing technology to market 
  • Turning technology into intellectual property 
  • Commercialising new products
  • Developing new science and technology products 
  • Identifying strategic opportunities 
  • Technology entrepreneurship
Where could the MBusDev take you?

The Master of Business Development is an interdisciplinary career-focused qualification. As such, this programme opens a wide range of career opportunities and associated careers are ideally suited to those who enjoy complex multi-stakeholder environments.

Jobs related to this programme

  • Business Analyst
  • Customer Success Manager
  • Entrepreneur
  • Business Line Manager
  • Market Analyst
  • Service Designer
  • User Researcher

Jobs specific to Innovation & Product Management 

  • Associate Product Management
  • Group Product manager
  • Lead Product Manager
  • New Product Development (NPD) Manager
  • Product Coordinator
  • Product Design Consultant
  • Product Development Manager
  • Product Engineer
  • Product Lead
  • Product Management Specialist
  • Product Manager 
  • Product Owner
  • Product Specialist

Jobs specific to Technology Commercialisation: 

  • Commercial Manager
  • Engineer
  • Innovation Manager 
  • Lead Scientist
  • Lead Researcher 
  • Legal and Patent Executive

Testimonials

“The business world is changing, it’s dynamic and volatile with developments in tech blurring industries and changing the way that businesses compete. This programme has taught me how businesses can navigate and thrive in this new world where the old management practices are lacking.

I particularly enjoyed the insights into new product and customer development, as well as the insightful and inspirational talks by a range of business leaders sharing their successes and advice. I’m confident this programme has given me the insight and ‘edge’ to help businesses innovate and grow in an effective and agile way.

Sarah

current MBusDev student

Graduating with an architecture background, I have always had an interest in how business and the world works. This course offers new information and knowledge that inspires me to think and explore possibilities from areas outside my industry, helping me to evaluate the world from a professional point of view.

David

current MBusDev student

Master of Business Development – Enquire Now

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