Master of Science in Innovation & Entrepreneurship
Objectives
The M.S. in Innovation and Entrepreneurship (MSIE) prepares
students for successful business careers in entrepreneurial new ventures,
entrepreneurial finance (venture capital/private equity), or innovation-related
roles in mature organizations (product planning, product marketing, product
development, etc.). This degree complements baccalaureate or advanced degrees
in a business, scientific or engineering discipline, and is valued by employers
in technology-related or consumer products industries.
The program provides students
with a solid foundation in the management disciplines essential to the
successful innovation of new ideas, new products and new business models,
whether in the context of an entrepreneurial startup or within the more
structured environment of a mature organization.
Prerequisites
Prerequisite knowledge in
calculus is a requirement for the program. Candidates who have not taken
equivalent courses will need to take MATH 5304 to meet the calculus
requirement. Degree credit is not earned for program prerequisites.
Degree Requirements
The University’s
general degree requirements are discussed here.
The Master of Science in
Innovation and Entrepreneurship degree has been designed for students with or
without previous educational background in innovation and entrepreneurship. The
M.S. degree is obtained by completing a 36-hour program, beyond prerequisite
courses, consisting of: (a) basic core courses; (b) courses in a selected
concentration area; and (c) electives.
The student may elect to submit
a Master’s thesis, which counts as three credit hours toward the total course
requirements.
The MSIE degree requires 18
hours of basic core courses, which provide a solid foundation in the management
disciplines essential to the successful innovation of new ideas, new products
and new business models, including foundational courses in entrepreneurship and
entrepreneurial finance.
The curriculum also provides
two concentration areas, the first focused on entrepreneurial startups (New Venture concentration) and the
second on the challenges of managing entrepreneurial innovation within the more
structured environment of a mature organization (Innovation within the Corporation concentration). The student must
take a minimum of 12 hours within one or the other of the designated
concentration areas.
An additional six hours of
electives may be chosen from among any of the concentration area courses not
already taken, the other ENTP electives offered or, with permission, from among
any of the other SOM offerings in the AIM, BPS, FIN, IMS, MIS, MKT, OPRE, or OB
areas.
Basic Core Courses (18 hours)1
Each candidate must
satisfactorily complete the 18-hour basic core consisting of the following
courses:
AIM 6305 Accounting for Managers
OB 6301 Organizational Behavior
MKT 6301 Introduction to Marketing
BPS 6310 Strategic Management2
ENTP 6370 Entrepreneurship
ENTP/FIN 6315 Entrepreneurial Finance2
[1] Calculus
and basic statistics are required as prerequisites for the degree program.
Candidates who have not taken equivalent courses will need to take MATH 5304 to
meet the calculus requirement and/or OPRE 6301 to meet the basic statistics
requirement. If required, OPRE 6301 may be included as an additional elective
in completing the degree program.
[2 FIN 6301 is a prerequisite for
both BPS 6310 and ENTP/FIN 6315. The FIN 6301 requirement will be waived if the
student has satisfactorily completed an equivalent course with a grade of B or
better. If required, FIN 6301 may be included as an
additional elective in completing the degree program.
Concentration Area Courses (12
hours)
Each candidate must complete a
minimum of 12 credit hours within the selection of courses offered within one
or the other of the two concentration areas:
New
Venture Concentration
ENTP
6378 Managing the Emerging Enterprise
ENTP
6380 Entrepreneurial Marketing
ENTP
6385 Entrepreneurial Business Strategies
ENTP
6387 Forecasting Industry and Technology Futures
ENTP
6390 Business Model Innovation
Innovation
within the Corporation Concentration
ENTP
6375 Technology and New Product Development
ENTP
6387 Forecasting Industry and Technology Futures
ENTP
6388 Managing Innovation within the Corporation
ENTP
6390 Business Model Innovation
ENTP
6398 The Entrepreneurial
Experience
Elective Courses (3-6 hours)
Students are required to
complete a sufficient number of elective hours to earn a minimum of 36 hours
toward the M.S. degree. These courses may be chosen from among: (a) the courses
listed in the concentration areas above; or, (b) the entrepreneurship courses
listed below:
ENTP/FIN
6316 Private Equity
ENTP
6382 Professional Selling
ENTP
6392 Entrepreneurship in the Social Sector
ENTP
6395 Topics in Innovation and Entrepreneurship
With faculty permission, a
student may substitute up to two electives from other SOM offerings in the AIM,
BPS, ENTP, FIN, IMS, MIS, MKT, OPRE, or OB areas.
For Further Information:
Dr.
Joseph C. Picken, Program Director
School
of Management 4.412
(972)
883-4986