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. Thomas J. Mierzwa
Strategies for Managing Innovation
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.
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.