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.

Requirements for the PhD program often involve the student having already obtained a Master’s degree. Additionally, a thesis or dissertation primarily consisting of original academic research must be submitted. In some countries, this work may even need to be defended in front of a panel.

Part time learning allows one to obtain part-time degrees even if one cannot attend school on a full-time basis. One can learn at his or own pace, gradually accumulating credits which count towards final qualification.