Master of Science in Entrepreneurship

From a competitive perspective, the shift from a manufacturing base to a technology-innovation and knowledge-based economy requires new skills among organizational employees. In conversations with executive staff in major companies in the region we have been told repeatedly that the region's engineers and scientists need to be entrepreneurial. As competition and costs rise, research and development efforts must clearly contribute to business growth and the company bottom line. Thus, companies are looking for technical professionals who can generate new ideas and new businesses.

Using a combination of class work, case work and real-world project activity, students will:

• Understand and leverage the business opportunities accompanying technology innovation within established companies and through the launch of new ventures.
• Develop an understanding of technology innovation and entrepreneurship from both an academic and applied perspective.
• Learn how to appropriately value and finance technology innovations and new ventures.
• Develop the market research and sales skills necessary to position technology innovations to create competitive advantage.
• Develop the management skills required to identify, launch and execute innovative products, services and new ventures.
• Develop an applied understanding of the regulatory and property law issues accompanying the innovation and entrepreneurship processes.
• Develop the project management and interdisciplinary team skills required to manage in an open collaboration environment.

A graduate of the MS in Entrepreneurship program should be  prepared to manage innovation in established firms or to launch new technology-oriented ventures.

Full time | Part time

The MSITE consists of ten courses (30 credits), including 4 core courses (12 credits), 4 elective courses (12 credits, 6 of which must be in Engineering and/or Science) and a 2 course (6 credit) practicum. Each student will participate in the development and delivery of a team capstone project (through the 2 course practicum) which will be reviewed by an external professional panel. 

The program is outlined in the UMass Lowell online Graduate Academic Catalog. 

MSITE Complete course descriptions (pdf)

UMass Lowell also offers an option for healthcare professionals.

Admissions to the Master of Science in Innovation & Technological Entrepreneurship program will be determined based on an overall review of the following applicant materials: 

• Undergraduate degree and performance in science, engineering or business (other areas will be considered if the applicant demonstrates significant work experience in a technical field) 
• An official Graduate Management Admissions Test (GMAT) score or Graduate Record Examination (GRE) 
• Three letters of recommendation (professional and academic)
• A letter describing the applicant’s professional goals and how earning a MS will assist in their professional development  
• Applicants from non-English speaking countries must present a minimum score on the Test of English as a Foreign Language (TOEFL) of 600 (paper-based) or 100 (Internet-based).

If you have any questions regarding the MSITE or other graduate programs in MSB, contact Ashwin Mehta, MSITE Coordinator or e-mail: MSITE@uml.edu.

The Plus-One Program option offered by the Manning School of Business to matriculated allows outstanding undergraduate students in engineering, business, science and health sciences to complete their bachelor's degrees and Master of Science in Innovation and Technological Entrepreneurship on an accelerated schedule. 

UMass Lowell undergraduate students in these majors (i.e., science, engineering or business), who have a GPA of 3.00 or better at the end of their junior year, must apply for this program before they complete their undergraduate graduation requirements. Students who plan to apply to this program must meet with the M.S. program advisor by their junior year to discuss any additional course requirements. New students are admitted to the MSITE program on a rolling basis in the fall and spring.

General eligibility guidelines for admission to a UMass Lowell Accelerated Bachelor’s to Master’s Programs can be found in the UMass Lowell online catalog. If you have any questions regarding the MSITE or other graduate programs in MSB, contact Ashwin Mehta, MSITE Coordinator or e-mail: Entrepreneurship@uml.edu.