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.

An LLM or Master of Laws degree is an academic degree, often sought by students with undergraduate law degrees who are looking to educate themselves more thoroughly in one specific area of law study. LLM programs are research-oriented and typically last for one year.