Master of Science in Entrepreneurship and Innovation
Projected launch date – August 2020
The Master of Science in Entrepreneurship and Innovation (MSEI) program is designed to offer students with business, technical or other non-business degrees a comprehensive education that prepares them to launch entrepreneurial ventures or new business ventures in large organizations.
The program is structured as a one-year, 30-unit program for both business and non-business majors alike and utilizes primarily face-to-face courses but will also integrate hybrid instruction where appropriate. Through coursework and experiential learning activities, students will be exposed to the key concepts of entrepreneurship including creativity and ideation, evaluation and screening of business concepts, business model formulation, startup models and the entrepreneurial process, team formation, marshaling resources, planning techniques and launch strategies.
Increasingly, students are seeking specialized graduate programs rather than the traditional Masters in Business Administration (MBA), according to the Association to Advance Collegiate Schools of Business (AACSB). Whereas by design a generalist MBA has breadth requirement and discourages focus on a particular discipline, specialized masters programs are designed to allow and encourage such focus, and that such specialized degrees are increasingly offered at business schools around the country. The MSEI proposed program taps into that trend, offering students an immersive experience focused on the entrepreneurship specialization. According to the Kauffman Foundation, entrepreneurship is on the rise in the US and a recent survey of the field by Inc. magazine noted that the U.S. now has 27 million entrepreneurs. This is significant in that is encompasses nearly a fifth of all working adults.