Innovation is the area of knowledge, the theory and the practice of process structuring of transforming scientific and technological achievements, discoveries and inventions into new competitive technologies, products and services.

The training of specialists involves profound study of economics, management, modern industrial technologies, up-to-date methods of mathematical analysis and computer information technology.

Graduates are able to perform the analysis of the efficiency of a company and identify problems to be solved, to find possible solutions and generate new ideas, to ensure formation of optimal projects and manage their implementation into production, to assess risks associated with implementation of projects.

They work at industrial enterprises of any form of ownership; research, engineering and design organizations; technology parks; incubators; centers for technology transfer and commercialization; ventures funds, investment and innovation funds; research institutions; transport enterprises; supply and sales organizations.

Graduates can be employed as specialists in the analysis and management of innovation projects; experts in technology audit; specialists in marketing and advertising of innovative products; managers responsible for transfer of innovative technologies; managers of innovative products sales departments; specialists in new products certification and quality control; intellectual property management specialists, development directors.