Business Fundamentals for Biotechnology
Year 1: Fall semester, 1 credits
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Course Overview
The Business Fundamentals for Biotechnology course is designed to give the Masters in Biotechnology students their first exposure to business principles as applied to the operation of biotechnology companies and serve as a foundation for the more advanced business curriculum.
This course will lay the groundwork for students to fully appreciate the challenges inherent in translating scientific discoveries into a successful business.
Upon completing this course students will:
- Understand the difference between scientific and commercial success.
- Appreciate the challenge of selecting and developing new products that will both provide useful products and deliver a positive return on investment.
- Be able to select and use the appropriate financial tools for evaluating investments and monitoring the financial progress of a company.
- Integrate what they have learned into an Opportunity Assessment for a candidate technology.