Advanced Graduate Certificate in Life Sciences Innovation- LiSIE AGC Program

AGC logo with plant and DNA cartoon

From the lab to leadership   What will you do with your hard-earned degree? 

For biotechnology and other science based enterprises to flourish, they need trained professionals with rigorous training in science.  They also need people who understand the business of commercializing a technology into a product.  The Life Sciences Innovation and Entrepreneurship (LiSIE) Program combines both to help build the biotechnology workforce of tomorrow.  It gives you the option of using your skills at the lab bench or helping to lead a company.

You will earn an Advanced Graduate Certificate (AGC) by completing four courses:  2 form a mini-MBA core, and 2 are electives aligned with your science background.  For core courses, one course must be BME 509, BUS 510 or BME 511. For elective courses, there are nearly 50 electives to choose from in (i.) Biomedical Sciences, (ii.) Data Science & Computational Biology, (iii.) Ecological and Marine Sciences, (iv.) Engineering, (v.) Healthcare, and (vi.) Management. Many graduate students are already halfway along to gaining the AGC.

Core Courses  

Choose and complete 2 courses for 6 credits, one course must be BME 509, BUS 510 or BME 511:

A broad introduction to the bioscience business environment by examining through project-based learning the commercialization process of how an idea becomes a product. Student groups are given actual intellectual property disclosures to learn the process of due diligence for analyzing opportunities/challenges of technologies. They then create a hypothetical company and present their analyses in an investor-like pitch session at the end of the term. Recommended to be taken after BUS 510 and/or concurrently with BME 511.  [Spring]

Startups and early stage enterprises are not smaller versions of large companies. Rather, they are teams turning a business plan into a viable company. In this course, students learn about the financial and human capital needed for growing successful science based technology companies, with a focus on biotech. Traditional valuations don’t apply to capital-intense technology, therefore the specific methods for this sector are explored.  No matter how good a technology may be, an enterprise cannot scale without the right people, thus the course explores factors CXOs consider in forming the best teams and what the need to do at different stages of an enterprise. Course materials include a textbook, supplementary readings, and case studies. No prerequisite.  [Fall]

This course introduces students to the commercialization process – how an idea becomes a product – by focusing on how a technology fits into a commercial market. This includes intellectual property, evolving business models, product development cycles, regulatory issues, and more. It focuses on critical analysis of the technology (e.g., evaluating the problem it solves, underlying science, innovation, ownership, product development, feasibility) and the markets it will compete in (market pain, market size, barriers to entry, competition). No prerequisite.  [Spring]

Innovation drives the modern firm by the interaction of technical invention and managerial entrepreneurship. This course explores the variety of sources of new products, processes, and services, such as inventors, universities, research and development departments in industry, and government labs. In addition, the course explores the variety of ways of bringing new products, processes, and services to market, including startup firms, acquisitions, mergers, and entrepreneurship within the firm. Case studies showing the interaction of invention and entrepreneurship are analyzed. A term project is required in which the student either analyzes the history of invention and entrepreneurship in a major firm or writes a business plan for high technology startup firm.

This course helps the student develop a business plan for his or her own business idea or a plan for an entrepreneur. With the support of visiting practitioners, students take a business idea through all the planning steps. A business plan suitable for presentation to potential investors will be written and presented orally at the end of the classMBA 570: New Venture Creation

Students explore the concept of social entrepreneurship including motivation and skills for advocacy, entrepreneurship, and leadership. Topics include forms of social entrepreneurship (private, public, and not-for-profit), venture capital and fund raising, market analysis, marketing, communications, human resources and human relations, including negotiation and conflict resolution methods. Students will explore models of corporate social responsibility, university service to the community, and grass-roots ventures spawned by perceived need and the will to make a difference. Students work in teams to develop a strategic business
plan for their own venture and present their proposals to the class.

Electives 

Choose 2 courses for 6 credits, under advisement from the certificate Director, from the following areas:

• BGE 510: Graduate Genetics
• BGE 657: Principles of Development
• BNB 561: Introduction to Neuroscience 1
• BNB 562: Introduction to Neuroscience 2
• BNB/HBH 655: Neuropharmacology
• HBH 501: Principles of Pharmacology
• HBH 550: Statistics in Life Sciences
• HBH 631: Graduate Pharmacology I
• HBH 632: Graduate Pharmacology II
• HBM/MCB 503: Molecular Genetics
• HBM 522: Biology of Cancer
• HBP 533: Immunology
• HBY 501: Physiology
• HBY 530: Cellular Physiology and Biophysics
• HBY 554: Principles of Neuroscience
• MCB 520: Graduate Biochemistry
• MCB 656: Cell Biology
• NEU 534: Principles of Neurobiology
• NEU 536: Introduction to Computational Neuroscience

• BMI 501: Introduction to Biomedical Informatics
• BMI 511: Translational Bioinformatics
• BSB 512: Clinical Informatics
• CHE/AMS 535: Introduction to Computational Structural Biology and Drug Design
• CHE/AMS 536: Molecular Modeling of Biological Molecules
• CSE/AMS 549: Computational Biology

• BEE 520: Advanced Human Genetics
• BEE 521: Genomics Lab
• BEE 562: Concepts and Methods in Evolutionary Biology
• MAR 502: Biological Oceanography
• MAR 507: Marine Conservation

• BME 501: Engineering Principles in Cell Biology
• BME 502: Advanced Numerical & Computation Analysis Applied to Biological Systems
• BME 510: Biomechanics
• BME 670: Special Topics in Biomedical Engineering
• CHE 541: Biomolecular Structure and Analysis
• CHE 542: Chemical Biology
• CHE 543: Chemical Approaches to Biology
• CHE 559: Biological Dynamics and Networks
• CIV 526: Environmental Biotechnology

• HBH 505: Pharmacology to Pharmacy: Practical Clinical Aspects for Non-Clinicians
• HBP 511: Pathobiology for Graduate Health Care Practitioners
• HHA 500: Health Care Delivery Systems
• HHA 502: Health Information Systems and HIT Essentials
• HPA 527: Health Economics and Policy
• HPA 585: Introduction to Biostatistics & Epidemiology

• EST 519: Systems Engineering Management
• EST 600: Technology, Policy, and Innovation: Theory and Practice
• BUS 567: Intellectual Property Strategy
• MBA 506: Leadership, Team Effectiveness and Communications
• MBA 511: Technological Innovations
• MBA 512: Business Strategy
• MBA 570: Entrepreneurship
• MCR 630: Technology Transfer
• COM 565: Foundations of Science Communication

Enrollment Information    

To enroll in the LiSIE AGC program you will need to be a current SBU student with Graduate Student standing. Typically, this means you have already been accepted a PhD program, a Masters program, or an accelerated Bachelor’s/Masters program. You should first contact the LiSIE program bme_lsi_agc@stonybrook.edu to review your current course of study, determine which courses can be applied to your specific case, and how to proceed.

The LiSIE program is a collaboration between the SBU Center for Biotechnology, the College of Engineering & Applied Sciences, and the College of Business.

Contact information: Prof. Clinton Rubin (bme_lsi_agc@stonybrook.edu ), LiSIE program director.

 

tri-logo for AGC