Why a Master of Technology Entrepreneurship?A Revolutionary Era for Education and Venture CreationOnline 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 RelationshipsWhile 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 MobilityAs 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.
AcademicsThe 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.