Master of Technology Entrepreneurship
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Will you be the next Maryland success?
As the #1 public university in technology entrepreneurship, the University of Maryland’s Master of Technology Entrepreneurship pairs an enriching academic experience with the skills and relationships of one of the world’s best startup incubators. This 100% online offering is delivered on a 15-month schedule at an affordable $19,500.
Why a Master of Technology Entrepreneurship?
A Revolutionary Era for Education and Venture Creation
Online learning is rapidly changing the landscape of higher education by delivering high quality, affordable opportunities to learners worldwide. As a pioneer in online education and new venture creation, the University of Maryland is empowering the next generation of technology entrepreneurs through this innovative master’s program.
Increase Your Knowledge and Cultivate Global Relationships
While a master’s degree is not a prerequisite for entrepreneurial success, the knowledge gained from award-winning faculty with real startup experience surely beats the expense and frustration of learning by trial and error. With students enrolled from all over the world, you can share opportunities and ideas with peers. This global networking opportunity cultivates lasting personal and professional relationships to nurture new ventures worldwide.
Improve Your Career Marketability and Mobility
As our students work to build successful ventures, they also earn a master’s degree from one of the world’s preeminent universities. This degree equips students with the ability to envision, develop, launch, and grow innovations, and provides the credentials to be an attractive recruit for innovation-focused companies and organizations.
What We Have to Offer
Award-Winning Faculty with Startup Experience
The faculty selected to serve in the master’s are accomplished leaders in entrepreneurship education with national teaching awards to their credit. Furthermore, they are entrepreneurs themselves who have lived what they teach and appreciate the balance of academic theory and industry practice.
A Great Online Platform for Learning and Collaboration
Our learning management system leverages best-in-class software with a focus on design and usability. Our course architecture leverages high-definition lecture videos, real-time video conference opportunities with faculty and students, and a comprehensive knowledge management system to connect and empower students.
Support and Resources During and Beyond Your Enrollment
We believe the 15-month learning experience is simply the foundation of your new venture activities. Beyond the support and resources provided while a student, we aim to manage a lasting network of alumni relationships that live far beyond the graduation date.
The Master’s in Technology Entrepreneurship’s 30-credit, 10 course curriculum can be completed in 15-months with students enrolling in two 3-credit courses per 12-week term.
Course 1: Innovative Ideas and Concept Development
Focuses on the content, methods, and models for new venture opportunity assessment and analysis. Learn how to identify and analyze entrepreneurial opportunities for technology-based ventures by first understanding their personal self and decision-making factors. Examine how to evaluate the opportunities and challenges within industries and markets of interest.
Course 2: Strategies for Managing Innovation
Emphasizes how innovative leaders can use strategic management of innovation to enhance company performance. Understand the process of technological change, the ways that firms come up with innovations, the strategies that firms use to benefit from innovation, and the process of formulating technology strategy. Provides frameworks for analyzing key aspects of these industries and teaches students how to apply these frameworks.
Course 3: Business Modeling and Customer Validation
Focuses on how to create and deliver value for customers and how to sustainably extract value for the venture. Develop business models that encompass the product or service, customers, and the economic engine that will deliver on venture objectives.
Course 4: Innovative Thinking
Introduces tools to boost creative problem-solving skills. Rediscover personal thinking preferences, identify and eliminate mental blocks, and enhance communication and teaming skills. Unlock creative potential and explore win-win approaches to problem solving.
Course 5: Creative Design, Prototyping, and Testing
Enables students to transition from creative, innovative, design thinking methods to prototyping and concept testing their products and services. Emphasis is placed on an integrated and interdisciplinary approach to engineering design, concurrent engineering, design for manufacturing, industrial design, and the business of new product development.
Course 6: Market Development and Commercialization
Provides an orientation to key marketing concepts critical to marketing technology-based products and services. Identify market opportunities, understand customer preferences, evaluate market acceptance, and devise the appropriate going-to-market strategies.
Course 7: Legal Aspects of Entrepreneurship
Highlights the critical legal and business issues entrepreneurs face as they build and launch a new venture. Explore real world scenarios, and address legal and business issues from ideation to all of the important junctures along the path to success. Significant attention is placed on new venture formation, intellectual property management, and financing arrangements.
Course 8: Financial Management and New Venture Financing
Provides the essential tools and know-how to build a strong financial foundation for a new technology venture. Examines accounting principles as well as methods for keeping firm financial control of your enterprise. Insights are shared on navigating financial barriers as well as how to raise the right amount of capital at the right time from the right source.
Course 9: Corporate Technology Entrepreneurship
Provides insight into the innovation process in corporations and the unique problems and opportunities that managers and corporate entrepreneurs face in translating innovative ideas into successful results, from opportunity recognition to new venture corporation.
Course 10: Fundamentals of Technology Startup Ventures
Explores the processes and skills needed to launch and manage startup ventures. Examines best practices for planning, launching, and managing new companies. Discusses how to launch and grow the venture effectively by leveraging models and approaches to navigating uncertainty.
Dr. Green leads the education activities of the Maryland Technology Enterprise Institute (Mtech) at the University of Maryland. As Director of Entrepreneurship Education, he leads the Master of Technology Entrepreneurship and Minor in Technology Entrepreneurship, designs and teaches undergraduate and graduate courses in entrepreneurship and technology commercialization, leads seed funding programs, and manages residential entrepreneurship programs for students. In 2011, he earned first prize in the 3E Learning Innovative Entrepreneurship Education Competition presented at the United States Association for Small Business and Entrepreneurship (USASBE) annual conference to recognize college educators who have created new and challenging learning activities that actively involve students in the entrepreneurial experience. Prior to the University of Maryland, Dr. Green held founder, executive, and operational roles with multiple startups to include WaveCrest Laboratories (an innovator in next-generation electric and hybrid-electric propulsion and drive systems), Cyveillance (a software startup and world leader in cyber intelligence and intelligence-led security), and NetMentors (the first national career development eMentoring community). Dr. Green earned a Doctor of Management and an MS in Technology Management from the University of Maryland University College, an MBA from the University of Michigan, and a BS in Industrial Engineering from Georgia Tech.
Dr. Mierzwa has more than 20 years of teaching experience at University of Maryland and other universities, with courses in strategy, innovation, and entrepreneurship. His teaching philosophy centers on building student competency through course design and teaching exercises, and his research interests include innovation processes, opportunity recognition, design thinking and conceptual tools for learning objects. Dr. Mierzwa founded The Fountainhead Group, a team of specialists who conduct innovation audits, and is the founder of Creative Agreements, a professional services firm that uses a mediation approach to form working agreements among business owners during venture start-ups. He serves on advisory boards of several Maryland businesses. At the Academy of Management, he chairs a committee on non-traditional academics and is active on the Teaching Theme Committee. He is also a board member of the Executive DBA Council, an institution of member schools fostering development of practitioner-scholar doctoral programs worldwide. Dr. Mierzwa earned a Doctor of Public Administration in strategic management from the University of Southern California and a master's in urban design from Harvard University.
Dan Gordon has over 30 years of experience working with technology, as a computer scientist, software developer, manager, analyst, and entrepreneur. As a technology partner with Valhalla Partners, Dan brings together the most respected and successful venture investors in the region. Valhalla Partners' present and past investments have resulted in 27 M&As, 22 IPOs, and over $1 billion in investment proceeds. Prior to joining Valhalla Partners, Dan was a director and senior staff member at the PricewaterhouseCoopers Global Technology Centre, analyzing technology trends and consulting on technology-oriented strategies in the software, e-business, wireless, optical, networking, semiconductor, and life sciences arenas. He worked with clients from North America, Europe, the Middle East, and Australia. Dan was a Contributing Writer and Contributing Editor to the Technology Centre's annual Technology Forecast, and a frequent speaker at industry and general business meetings. Prior to joining PwC, Dan spent 20 years in Silicon Valley as a software technologist, manager, director, and entrepreneur, including senior technical roles at well-known Silicon Valley firms like Symantec, Intuit, and Oracle. Dan has also been involved in startup companies in the applied artificial intelligence and web applications fields. Dan has a BA from Harvard University and an MS from New York University in Computer Science.
Frankie Abralind is the founder of HTA Design Thinking, a business strategy consulting firm that uses the human-centered process to help companies grow. His expertise is in design thinking, service design, and user experience. Frankie is the director of Design Thinking DC, a 2,200 member community of design thinkers in Washington, DC. He brings together people from business, design, technology and beyond to learn and share best practices and creative solutions. Frankie is a champion of radical collaboration on methodologies, practices, and experiences to facilitate and deliver innovation in the world. Previously, Frankie served as creative director for Branson & Byrne, a creative marketing agency, and in executive operational and marketing roles with manufacturing firms. After studying design at Cornell University, Frankie earned his MBA at the University of Maryland's Smith School of Business.
Cait von Schnetlage is the founder and CEO of Full Suite Solutions, a full-service marketing and software development firm. In the public sector, Full Suite Solutions has provided Defense customers with cyber security consulting and currently has contracts within the community. In the public sector, Cait has helped clients obtain contracts totaling over $50,000,000. She has provided services for over 3 million square feet of commercial real estate and helped entrepreneurs in the medical, IT, and restaurant industries get approval for loans, investments, and commercial real estate space by developing strong and comprehensive business plans, presentations, and a polished corporate image. She is a Lecturer with the Maryland Technology Enterprise Institute (Mtech) at the University of Maryland, College Park, teaching students in University of Maryland's Minor in Technology Entrepreneurship Program and the General Education Program of the University. She Cait earned her BA from the University of Maryland College Park and her MA and MBA from the Johns Hopkins University.
Dr. Bhalla has over 30 years of global experience in strategy, innovation, marketing, sales, marketing research, and education. He has worked in Asia, Europe, USA, and with companies in over 20 countries. He has served as a corporate executive, management consultant, entrepreneur, and academic/educator. Previously, he was the Chief Innovation Officer at Passenger helping design and execute customer-driven innovation and value co-creation programs in and through proprietary customer and employee communities. Currently, he is the CEO at Knowledge Kinetics focusing on the practice of customer driven innovation and value co-creation. Guarav received his MBA from the Indian Institute of Management and his Ph.D. in Marketing Strategy from the University of Kansas.
Michael Pratt teaches and mentors students in University of Maryland's Minor in Technology Entrepreneurship Program and the General Education Program of the University. His career spans 35 years in management and finance, in both domestic and international organizations, and almost two decades in startups and venture capital, having raised over $100 million for eleven different startup ventures. Michael is the co-founder and Managing Partner in Select Venture Partners LLC, an early stage, post-seed/pre-Series A investment management firm. Prior to co-founding Select, he was co-founder and CEO of SpydrSafe Mobile Security, Inc., a mobile application security management platform that safeguarded enterprise data by controlling apps on smartphones and tablets (iOS and Android). SpydrSafe was acquired in February 2014. Prior to SpydrSafe, he was COO of CardStar, Inc., a mobile loyalty company sold to Constant Contact (NASDAQ: CTCT). From 2006 to 2010, Michael was the CFO/COO of Trust Digital, Inc., a venture-backed Mobile Device Management company sold to McAfee (NYSE: MFE). Prior to Trust, he was CFO of Galt Associates, Inc., a venture-backed software company sold to Cerner Corporation (NASDAQ: CERN) in July 2006. His earlier professional experience includes CEO of CrossMedia Networks Corp.; CEO of Point of Care Technologies (sold to Siemens Healthcare in 1999); various senior finance and operating roles with Mobil Corporation, including President and General Manager of three Mobil subsidiaries. Michael began his professional career with Arthur Andersen & Co. He holds a BS in Finance from East Carolina University, an MBA from Massey University in New Zealand, and an MS in Marketing from Johns Hopkins University.
Wilson White is the Public Policy and Government Relations Senior Counsel at Google. He manages public policy and government relations outreach and advises on global policy implications of Android, Play and Google Glass products. He is an intellectual property attorney with substantial litigation experience in the financial, telecommunications, Internet and high-tech industries. Wilson has recent experience in technology and Internet public policy issues. Wilson began his career as a software engineer at I-Cubed and software developer at IBM. He holds a BS in Computer Engineering from North Carolina State University and a JD from the University of North Carolina at Chapel Hill School of Law.
How Our Collaboration Works
This 15-month program is designed for full-time or part-time students committed to an intensive, dynamic learning experience. The workload and expectations of our online courses match that of our face-to-face offerings.
To demonstrate our commitment to supporting entrepreneurs that need financial capital for their business, we have set our tuition rate at the lowest allowable level for the university. The approximate cost of our master’s program is $19,500 plus books and fees, and payable in five installments over the 15-month period.
If you believe that the Online Master in Technology Entrepreneurship aligns with your personal and professional goals, we invite you to connect with us to discuss the admissions process. We are currently accepting students to start the program in September, 2015.
© 2015 Maryland Technology Enterprise Institute (Mtech), A. James Clark School of Engineering, University of Maryland. All Rights Reserved.