Top 11 Innovation Manager Certifications

Certifications are important for an innovation manager in the job market because they demonstrate a level of expertise and knowledge that can help employers to better understand the individual’s qualifications. For example, certifications may show that a person has taken courses in specific areas such as product development, technology management, or design thinking. They can also indicate that the individual has the skills necessary to effectively lead innovation initiatives and develop innovative solutions. Additionally, certifications can help employers differentiate between qualified candidates who have similar experience levels and backgrounds.

This article reviews some of the top certifications for Innovation Managers and explains how they can help to advance an innovation manager's career.

What are Innovation Manager Certifications?

Innovation Manager Certification is a professional credential that provides an individual with the skills and knowledge necessary to lead successful innovation initiatives within their organization. This certification is designed to help individuals become more knowledgeable about the different aspects of innovation management, such as developing strategies, practicing operational excellence, and driving organizational change. By gaining this certification, individuals can gain a deeper understanding of the key elements necessary for successful innovation, including customer insights, market analysis, product development processes, and financial analysis. With this knowledge in hand, managers can then use it to guide their teams through the process of creating new products, services, or processes that are capable of generating significant value for their organizations. Additionally, the certification can also provide managers with the skills they need to effectively manage innovation-related projects and initiatives while ensuring they remain on track in terms of budget and timeline.

Pro Tip: Before investing in an innovation manager certification, make sure to research the program thoroughly. Look for programs that offer hands-on experience and practical application of the knowledge gained through the coursework. Additionally, make sure to evaluate the instructor's experience and qualifications in order to ensure you're getting the best possible training.

Related: What does an Innovation Manager do?

Top 11 Innovation Manager Certifications

Here’s our list of the best certifications available to Innovation Managers today.

1. Certified Innovation Manager (CIM)

Certified Innovation Manager (CIM) is a professional certification program designed to help individuals develop the skills and knowledge necessary to become successful innovation managers. The CIM program is offered by the International Association of Innovation Professionals (IAIP).

The CIM program consists of two parts: an online course and a final exam. The online course provides participants with an introduction to the fundamentals of innovation management, including topics such as idea generation, project management, and strategy development. Participants must complete all modules of the course in order to be eligible for the final exam.

The final exam is administered online and consists of multiple-choice questions that assesses participants’ understanding of innovation management principles. To pass the exam, participants must achieve a score of 70% or higher.

It typically takes 8-12 weeks to complete the CIM program, depending on how quickly participants can work through the material.

To get certified as an Innovation Manager, individuals must first register for the CIM program on IAIP's website. The cost for registration varies depending on whether you are registering as an individual or part of a group/organization; however, it typically costs around $595 USD per person.

2. Certified Design Thinking Practitioner (CDTP)

Certified Design Thinking Practitioner (CDTP) is a professional certification that recognizes individuals who have successfully completed an intensive course of study in design thinking. It is awarded by the International Association of Design Thinking Professionals (IADTP) and is recognized worldwide.

The certification requires candidates to complete a comprehensive program which includes lectures, workshops, case studies and assessments. The program covers topics such as the fundamentals of design thinking, user research, prototyping, testing and implementation. Candidates must also demonstrate their ability to apply design thinking principles in real-world scenarios.

The program typically takes around four months to complete and can be taken online or in person at one of IADTP's partner institutions. Candidates must pass an exam at the end of the program to receive their certification.

The cost for the CDTP program varies depending on the institution offering it but typically ranges from $2,500-$3,500 USD.

3. Certified Lean Six Sigma Black Belt (CLSSBB)

Certified Lean Six Sigma Black Belt (CLSSBB) is a professional certification that demonstrates an individual’s proficiency in the Lean Six Sigma methodology. It is designed to help organizations improve their processes, reduce costs and increase customer satisfaction.

The CLSSBB certification requires a minimum of three years of experience in process improvement and/or quality management and the successful completion of a four-day training program. The training program covers topics such as DMAIC (Define, Measure, Analyze, Improve, Control), Lean tools, problem solving techniques, project management and statistical analysis.

In order to obtain the CLSSBB certification, individuals must pass an exam administered by the International Association for Six Sigma Certification (IASSC). The exam consists of multiple-choice questions covering all aspects of Lean Six Sigma methodology.

The cost of obtaining the CLSSBB certification varies depending on the provider offering it. Generally speaking, it can range from $1,000 to $3,000 USD or more depending on the provider and what materials are included in the package.

4. Certified Scrum Master (CSM)

Certified Scrum Master (CSM) is a professional certification for individuals who have a thorough understanding of the Scrum framework and its applications. It is designed to help professionals become effective in their roles as Scrum Masters, or facilitators of Scrum teams. It is an internationally recognized credential that demonstrates mastery of the principles and practices of Scrum.

The CSM certification requires a two-day course and passing an online exam. The course covers the basics of Scrum, including team roles, sprints, backlogs, product increments, and more. After completing the course and passing the online exam, participants will receive their CSM certification from the Scrum Alliance.

The cost of taking the CSM course varies depending on where it is taken, but typically ranges from $1,000 to $2,000 USD. This cost includes all materials needed for the course as well as access to online resources such as webinars and forums.

In order to maintain your CSM certification you must renew it every two years by attending at least 16 hours of continuing education activities related to Scrum or Agile development methods.

5. International Association of Innovation Professionals (IAIP) Certification

The International Association of Innovation Professionals (IAIP) Certification is a professional certification program designed to recognize and validate the knowledge, skills, and abilities of innovation professionals. It is the world’s first and only professional certification program dedicated to innovation professionals.

The IAIP certification program consists of four levels: Certified Innovation Professional (CIP), Advanced Certified Innovation Professional (ACIP), Master Certified Innovation Professional (MCIP), and Distinguished Certified Innovation Professional (DCIP). Each level requires different qualifications and experience in order to be achieved.

It typically takes 6-12 months to complete the entire certification process. The exact time frame depends on the individual's experience, commitment, and ability to meet the requirements for each level.

To get certified, an individual must take an exam at each level that covers topics such as innovation strategy, product development, technology management, market research, financial analysis, customer service, project management, and more. Additionally, applicants must submit a portfolio demonstrating their innovation work experience or projects they have completed.

The cost of the IAIP Certification Program varies depending on which level you are pursuing. The CIP Level costs $695 USD; ACIP Level costs $795 USD; MCIP Level costs $895 USD; and DCIP Level costs $995 USD.

6. Agile Project Management Certification

Agile Project Management Certification is a professional certification program designed to help project managers and other professionals gain the knowledge and skills needed to successfully manage projects using Agile methods. This certification is offered by the Project Management Institute (PMI).

The certification process consists of two parts: an exam and a course. The exam is a multiple-choice test that covers topics such as Agile principles, Scrum methodology, Kanban, Lean principles, and Agile project management tools. It takes approximately four hours to complete the exam.

To get certified, you must pass the exam with a score of at least 70%. You will also need to complete an online course in Agile project management before taking the exam. The course typically takes between 20 and 40 hours depending on your experience level.

The cost of obtaining an Agile Project Management Certification depends on which provider you choose. PMI charges $540 for their certification program, while other providers may charge different amounts.

7. Certified Business Analysis Professional (CBAP)

Certified Business Analysis Professional (CBAP) is a professional certification offered by the International Institute of Business Analysis (IIBA). It is designed to recognize business analysts with the knowledge, skills, and experience needed to effectively manage and deliver successful business analysis projects.

The CBAP exam consists of 150 multiple-choice questions that must be completed in four hours. The exam covers six knowledge areas: Business Analysis Planning & Monitoring; Elicitation & Collaboration; Requirements Life Cycle Management; Strategy Analysis; Requirements Analysis & Design Definition; and Solution Evaluation.

To become certified as a CBAP, applicants must have at least seven years of business analysis experience and at least 900 hours of project work within the last four years in any two of the six knowledge areas covered on the exam. Applicants must also complete a minimum of 21 hours of professional development activities within the last four years.

The cost for taking the CBAP exam is $325 USD for IIBA members and $450 USD for non-members.

8. Certified Product Manager and Product Marketing Manager (CPM/PMM)

Certified Product Manager and Product Marketing Manager (CPM/PMM) is a certification program offered by the Association of International Product Marketing & Management (AIPMM). The program is designed to provide product professionals with the knowledge, skills and tools needed to successfully manage products throughout their lifecycle.

The CPM/PMM certification consists of two parts:

1. The Certified Product Manager (CPM) exam which covers topics such as product strategy, product management processes, customer segmentation, market analysis, competitive analysis, pricing strategies, and product launch.

2. The Certified Product Marketing Manager (PMM) exam which covers topics such as marketing strategy, positioning and messaging, market research and analysis, product launch planning, pricing strategies and tactics, channel management and sales enablement.

It typically takes between 6-12 months to complete the program depending on how much time you dedicate to studying for the exams. To get certified you must first apply for the program through AIPMM's website and then pass both the CPM and PMM exams with a score of 70% or higher.

The cost of the CPM/PMM certification program varies depending on whether you are an AIPMM member or not. For non-members it costs $1,495 USD for both exams while members pay $995 USD for both exams.

9. Strategic Innovation Management Professional (SIMP)

Strategic Innovation Management Professional (SIMP) is a certification program designed to help professionals develop their skills and knowledge in the area of innovation management. The program is offered by the International Association for Strategic Innovation Management (IASIM). It is a comprehensive program that covers topics such as innovation strategy, process design, technology management, and organizational change.

The SIMP certification requires a minimum of two years of professional experience in the field of innovation management and a passing score on the IASIM's SIMP exam. Candidates must also complete an online application and submit supporting documents such as resumes, references, and other evidence of professional experience.

The cost for taking the SIMP exam varies depending on where you take it. Generally, it costs around $500-$600 USD per attempt.

Once you have passed the exam, you will be awarded your SIMP certification. This certification is valid for three years and can be renewed by taking additional courses or attending workshops related to innovation management.

10. International Institute of Business Analysis (IIBA®) Certification

The International Institute of Business Analysis (IIBA®) is a professional association dedicated to the field of business analysis. The IIBA® offers several certifications that recognize professionals who demonstrate their knowledge and skills in the field.

The most popular certification offered by IIBA® is the Certified Business Analysis Professional (CBAP®). This certification is designed for experienced business analysts who have at least 7,500 hours of experience in the field. To obtain this certification, applicants must pass an exam that tests their knowledge and understanding of business analysis principles, practices, and techniques.

In order to apply for the CBAP® certification, applicants must have a minimum of three years' experience as a business analyst or related role, plus they must hold an undergraduate degree or equivalent. Applicants must also submit references from two current employers or clients verifying their work experience in the field.

The exam consists of 150 multiple-choice questions which are divided into six sections: Business Analysis Planning & Monitoring; Requirements Elicitation & Documentation; Requirements Analysis & Design Definition; Solution Evaluation; Underlying Competencies; and Strategic Analysis. The exam takes approximately four hours to complete and can be taken online or at a testing center.

The cost for the CBAP® certification exam is $325 USD for members of IIBA®, and $450 USD for non-members. Once you have passed the exam, you will receive your official CBAP® designation from IIBA®, which is valid for three years before needing to be renewed.

11. PMI Agile Certified Practitioner (PMI-ACP®).

PMI Agile Certified Practitioner (PMI-ACP®) is a certification program offered by the Project Management Institute (PMI). It is designed to recognize practitioners who have a deep understanding of agile principles and practices, and the ability to apply them in real-world situations. The PMI-ACP® credential demonstrates an individual’s knowledge and experience with agile methodologies and techniques.

The PMI-ACP® certification requires applicants to have a minimum of 21 contact hours of training in agile practices, 1,500 hours of general project experience within the last five years, and 830 hours working on agile project teams or with agile methodologies within the last three years. Additionally, applicants must pass an exam that covers topics such as scrum methodology, product ownership, team dynamics, and more.

It typically takes about three months to complete all the requirements for the PMI-ACP® certification. This includes completing any necessary training courses or workshops, gathering relevant experience hours, studying for the exam, and taking the exam itself.

The cost of getting certified depends on what type of training you choose to take. Generally speaking, it can range anywhere from $1,000-$3,000 USD depending on whether you take online or in-person classes. Additionally there may be other fees associated with taking the exam such as registration fees and proctoring fees if you are taking it remotely.

Do You Really Need a Innovation Manager Certificate?

When it comes to innovation management, there is no one-size-fits-all approach. Every organization has its own unique needs and challenges when it comes to managing innovation. Therefore, the need for an Innovation Manager Certificate will vary from organization to organization.

For some organizations, a certificate in innovation management may be essential for getting the job done. For example, if an organization is looking to launch a new product or service in a rapidly changing market, they may require someone with specialized knowledge and experience in innovation management. A certificate in this field would help the individual better understand the complexities of launching a new product or service and increase their chances of success.

In other cases, however, an Innovation Manager Certificate may not be necessary at all. If an organization does not have any specific plans for launching a new product or service, then they may not need someone with specialized knowledge and experience in this area. In such cases, general business acumen and strong project management skills are likely sufficient enough to get the job done.

Ultimately, whether or not an Innovation Manager Certificate is necessary will depend on the individual organization and their specific needs when it comes to managing innovation. If an organization requires someone with specialized knowledge and experience in this area, then a certificate may be beneficial; however, if their needs are less complex and straightforward, then they may be able to get by without one.

Related: Innovation Manager Resume Examples

FAQs About Innovation Manager Certifications

1. What is an Innovation Manager Certification?

Answer: An Innovation Manager Certification is a professional certification that recognizes individuals who have demonstrated knowledge and expertise in managing innovation processes and projects. The certification provides an accredited standard for the practice of innovation management.

2. How do I become certified as an Innovation Manager?

Answer: To become certified as an Innovation Manager, you must pass an assessment administered by a third-party provider. This assessment typically includes multiple-choice questions related to innovation management topics, such as product development, customer research, project management, and strategic planning.

3. What are the benefits of becoming an Innovation Manager Certified Professional?

Answer: Becoming certified as an Innovation Manager demonstrates your commitment to staying up-to-date on the latest trends and best practices in innovation management. It also helps to provide employers with assurance that you have the skills needed to effectively manage projects and processes related to innovation initiatives.

4. Is there a cost associated with obtaining an Innovation Manager Certification?

Answer: Yes, there is typically a fee associated with taking the assessment and obtaining certification from a third-party provider or organization. The fees vary depending on the provider and level of certification being sought.

5. Are there any prerequisites required for becoming certified as an Innovation Manager?

Answer: Generally speaking, no prerequisites are required for becoming certified as an Innovation Manager, although some providers may require applicants to have previous experience in innovation management or related fields before taking the assessment.