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Fee
SGD1,744* (as low as SGD203.20 after maximum funding) Learn More
Duration

2 days
Weekdays (9am - 6pm)

Level
Basic
Venue

Singapore Management University

Who Should Attend

  • Entrepreneurs/ Business owners
  • Managers looking to enhance processes in their organisations
  • Project management teams
  • Professionals seeking to understand innovation and develop plans for their organisations

Overview

Business model innovation is today’s leading creator of value for businesses. From the rise of asset-light business model (think Airbnb and Uber) to new revenue methods (think Microsoft moving from box sale to recurring revenue sale of Office Suite), the new wave of corporate innovation will rise from radical business models.

This module is designed to provide participants with an understanding of the business model and the various frameworks to build their own models (e.g. business model canvas). Later, they will be introduced to the difference between a business model and strategy and how a unique business model can be a strategic advantage.

Learning Objectives

  • What is a business model
  • Using the business model canvas
  • Introduction to Strategy and Strategic Framework
  • Impact of technology on the business model
  • Using the value proposition canvas

Topic/Structure

  • Introduction to a Business Model
  • Building your first Business Model Canvas
  • The imperative of Business Model Innovation in the age of technology disruption
  • Leading and Managing Innovative Change
  • Navigating Digital Disruption
  • Opportunities & Challenges of Digital Transformation

Assessment

An assessment will be conducted at the end of the course.

 

CERTIFICATION

Upon meeting the attendance and assessment criteria, participants will be awarded a digital certificate for participating in each module. Please refer to our course policies to view the attendance and assessment criteria. 

Upon completion of all modules required for this programme within a maximum duration of 3 years, participants will be awarded a digital certificate.

Calculate Programme Fee

Click here for more information about SkillsFuture Credits (Not applicable for Company-sponsored participants)
For PSEA - Available only for Singapore Citizen below 31 (Not applicable for Company-sponsored participants)

Total Program Fee: SGD0.00

Fee Table

EMPLOYER-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$523.20

(After SSG Funding 70%)

$203.20

(After SSG Funding 70%
+ ETSS Funding 20%)

$523.20

(After SSG Funding 70%)

Singapore Citizen ≥ 40 years old

$203.20

(After SSG Funding 70%
+ MCES Funding 20%)

$203.20

(After SSG Funding 70%
+ ETSS Funding 20%)

$203.20

(After SSG Funding 70%
+ MCES Funding 20%)

International Participant

$1,744

(No Funding)

$1,744

(No Funding)

$1,744

(No Funding)

All prices include 9% GST

Please note that the programme fees are subject to change without prior notice.

Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.

Self Sponsored

SkillsFuture Credit

Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.

This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.

Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).

Workfare Skills Support Scheme

From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.

Employer Sponsored

Enhanced Training Support for SMEs (ETSS)

  • Organisation must be registered or incorporated in Singapore
  • Employment size of not more than 200 or with annual sales turnover of not more than $100 million
  • Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
  • Trainees must be Singapore Citizens or Singapore Permanent Residents
  • Trainees must not be a full-time national serviceman
  • Trainees are eligible for ETSS funding only if their company's SME status is approved prior to the course commencement date. To verify your SME's status, please click here

Please click here for more information on ETSS.

Absentee Payroll

Employers who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:

AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)

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