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.

Australia is an island country and continent of the southern hemisphere, in the SW Pacific, a member state of the Commonwealth.

Graduate diploma courses often take somewhere between one to two years to complete, and are usually offered to students already holding college degrees. Students might expect better job prospects in the relevant field after graduating from one of these programs.