Master of Science in Innovation and Entrepreneurship



Recognized as 2014 National Model Master’s Program by the United States Association for Small Business and Entrepreneurship (USASBE)

The MS in Innovation and Entrepreneurship (MSIE) program is designed to prepare students for successful careers in innovation-related roles in established organizations, entrepreneurial finance, or in the creation of new ventures.

In today’s fast-paced business world, executives from leading companies recognize the need for employees who can evaluate opportunities and manage the process of innovation in positions such as strategic marketing, product marketing, business development, engineering, research and development (R&D), and project management.

Note: To apply for this degree program, an undergraduate business degree is not required (all undergraduate majors welcome).


MSIE students may choose between two focus areas: 1) The New Ventures Concentration, or 2) The Innovation Within the Corporation Concentration. The program emphasizes technology-based innovation, consistent with and complementing UT Dallas’ traditional strengths in science, engineering, computer science and management disciplines.

The MSIE degree is designed to complement baccalaureate or advanced degrees in business, economics, arts and humanities, engineering or scientific disciplines. Download Graduate Programs in Innovation and Entrepreneurship brochure. Download MS in Innovation and Entrepreneurship brochure.

We live in an entrepreneurial world! Innovation is the engine that drives our global economy, accounting for more than 80 percent of net new job creation.  The global “innovation economy” of the future will require all of the traditional skills, such as accounting, finance, marketing, engineering, etc., but the most exciting opportunities will involve individuals and teams who can manage innovation to create exceptional value for their customers.  The MS in Innovation and Entrepreneurship Degree is designed to prepare students to hold exciting leadership positions at the forefront of this global innovation economy.

The Master of Science in Innovation and Entrepreneurship was designed in collaboration with experienced entrepreneurs and senior executives from major technology companies.  These executives observed:

“The MSIE program addresses a vacuum that exists in most businesses – few people have the experience and/or knowledge to successfully craft, sell and launch a new business area.”

“It fits well into our externally focused functions including business development, product management, marketing and sales, program management, and engineering management.”

In addition to a rigorous curriculum and an exceptional classroom experience, there are multiple opportunities for students to meet, learn from, and network with leading industry professionals, including entrepreneurs, investment professionals, and executives from major technology companies. Students are encouraged to compete in the annual UT Dallas Business Idea Competition, participate in the Entrepreneurship Club’s networking events and Distinguished Speaker Series, work as an intern in support of the startup companies in UT Dallas’s Venture Development Center, and get involved in the community outreach programs of the award-winning Institute for Innovation and Entrepreneurship.

At UT Dallas, we really believe that “Innovation is Where the Action Is!”.

Come join us and experience the excitement!

Madison Pedigo, MBA, CPA

Director, Innovation & Entrepreneurship Programs


Email
(972) 883-4481
Office – JSOM 2.411

The MSIE is a 36 semester credit hours degree program that provides a solid foundation in the management disciplines essential to innovation with specific focus on the tools, techniques and skills required to develop and lead product, service and business model innovation.

  • 12 hours of required core courses
  • 12 hours of concentration area courses:
    • The New Venture Concentration – focuses on the processes of innovation and entrepreneurship in early stage ventures. Startup launch option allows students to start their business while getting course credit.
    • Innovation within the Corporation Concentration – focuses on the development and introduction of new products, new technologies, and new business models within established organizations.
  • 12 hours of electives providing flexibility for specialization.
  • Hands-on experiential courses in the UT Dallas Venture Development Center.

Program Prerequisites

ENTP 6315 requires that students have completed a course in finance (equivalent to FIN 6301). FIN 6301 requires completion of a course in business statistics (equivalent to OPRE 6301). Candidates who have not taken equivalent courses will need to take FIN 6301 and/or OPRE 6301 or meet the prerequisite requirements. If required, one of these prerequisite courses (but not both) may be included as an elective that will count as part of the 36 credit hours required for the MSIE degree.

Application Process and Requirements

Prospective MSIE students must apply and be admitted to the Jindal School of Management and provide the followings:

  • An official and competitive GMAT or GRE score, no more than five years old.
  • For domestic applicants, official transcripts from all colleges and universities attended including any graduate program in which the applicant was enrolled. See the website for additional requirements for international students.
  • For international applicants, an official English proficiency exam score, no more than two years old from the date of application. See website for minimum requirements.
  • A detailed resume of all work history. Work experience is not required for admission.
  • Three letters of recommendation from current/past employers or professors, community leaders, etc.
  • A one page, double-spaced, typed essay outlining the applicant’s academic interests and goals.

Key Features

  • Nationally recognized programs
  • Exceptional faculty with significant real world professional experience
  • Robust curriculum: experiential learning – “hands-on” experience in the UT Dallas Venture development Center
  • Internships and projects with new ventures and established technology firms
  • Internships with UT Dallas Incubator (Integrated Venture Development)
  • Frequent interaction with entrepreneurs and venture finance professionals
  • Outstanding  student programs including:
    • UT Dallas Business Idea Competition
    • Distinguished  Speaker Series
    • Annual CEO Dinner
  • Entrepreneurial Development Series
  • Flexible scheduling with classes in the evening; several courses offered online

Student Testimonials

Corey Egan and Swapnil Bora,
Full time MBA students who took entrepreneurship courses:

  • Won the UT Dallas BIC in 2010
  • Their company, iLumi, recently received funding on Shark Tank.

“IIE professors like Madison Pedigo, Jackie Kimzey and Dr. Joseph Picken continued to work with us after we launched, and they were instrumental in encouraging us to apply to Shark Tank.”

http://www.ilumi.co/#smartbulbs

Matt Hinson and Alejandro Jacobo,
dual MSIE/MBA majors:

  • Won the UT Dallas BIC in 2013 and 2014
  • Their new company, Rollout, will bring full scale blueprints to portable devices.

“The entrepreneurship courses we took and advice we received from the innovation and entrepreneurship faculty at UT Dallas was very helpful to us in launching our business.”

Nicole Mossman,
MSIE major:

  • Is a participant in the MSIE Startup Launch Track.

“I’m very pleased with the MSIE degree program. I’m in the process of developing and launching an online business, and the program has helped me in a wide variety of ways.”

The MSIE Startup Launch Track offers an exciting and unique opportunity for a select group of entrepreneurs to launch their new business ventures within the framework of UT Dallas’ highly regarded Master of Science in Innovation and Entrepreneurship (MSIE) degree program.

Students or student teams admitted to the Startup Launch Track will be provided with office and/or laboratory space in the Venture Development Center, up to $25,000 in seed capital, and ongoing support and mentoring by UT Dallas faculty and experienced entrepreneurs, while they earn the MSIE degree and receive course credit for progress toward the launch of their startup. Students will be expected to complete the program in 16-24 months (full-time or part-time) and to launch their businesses either while enrolled in the program or within six months after graduation.

Application to the program is competitive and, in addition to admission to the MSIE degree program, will require a business concept proposal, faculty interviews and the expression of a strong commitment to launch the venture.

Additional information is available below.

The versatility of the MSIE degree helps students pursue dual graduate business degrees if desired. Examples of dual degrees that our students have pursued include:

  • Dual MSIE and MBA
  • Dual MSIE and MS in Marketing
  • Dual MSIE and MS in Finance
  • Dual MSIE and MS in IT Management

If you have specific questions on dual degree programs, we are happy to provide individual consultation upon request.

The Naveen Jindal School of Management (JSOM) offers two graduate certificates in Innovation and Entrepreneurship to students wishing to complement their skills in a technical or functional discipline with the management skills necessary for leadership roles in product, service or business model innovation in a startup or an established organization.

  • Graduate Certificate in Corporate Innovation
  • Graduate Certificate in New Venture Entrepreneurship

Graduate Certificates in Corporate Innovation (15 semester credit hours minimum)

The graduate certificate in corporate innovation is focused on the management of innovation within the context of an established organization. The certificate is designed for students desiring to augment their skills in a technical or functional discipline with the management skills and perspectives necessary for the successful launch of new businesses or other innovations. The certificate may be obtained by completing 15 credit hours of study as detailed below:

  • ENTP 6388 (SYSM 6316) Managing Innovation within the Corporation
  • ENTP 6375 Technology and New Product Development
  • ENTP 6380 (MKT 6380) Market Entry Strategies
  • ENTP 6390 Business Model Innovation
  • ENTP 6398 (SYSM 6315) The Entrepreneurial Experience

Graduate Certificates in New Venture Entrepreneurship (15 semester credit hours minimum)

The graduate certificate in new venture entrepreneurship is focused on the management of innovation within the context of a new venture startup. The certificate may be obtained by completing 15 credit hours of study as detailed below:

  • ENTP 6370 Entrepreneurship
  • ENTP 6380 (MKT 6380) Market Entry Strategies
  • ENTP 6390 Business Model Innovation
  • ENTP 6378 Managing the Emerging Enterprise
  • ENTP 6360 Startup Launch I or ENTP 6365 Business Concept Validation

Degree-Seeking Students – Students Who Want to Pursue Both a Graduate Business Degree in JSOM and a Certificate in Innovation and Entrepreneurship:

Students already enrolled in a graduate degree program in JSOM are automatically eligible for enrolling in these certificate programs and may begin taking required courses immediately via normal course registration procedures. Students should notify the program director regarding their desire to receive a certificate (see contact information below). As the student completes the final required course, a follow-up notification should be sent that includes the courses completed and the grades received in each course.

Non-Degree-Seeking Students – Students Who Only Want to Pursue a Certificate in Innovation and Entrepreneurship:

Non-degree seeking students must contact the director of Innovation and Entrepreneurship programs in advance and provide a copy of their resume showing prior academic and professional employment and a narrative of why they are interested in pursuing a certificate.

Once approved by the program director, non-degree-seeking applicants will need to complete an online application and be accepted as a non-degree-seeking student. Once admitted, the student should notify the program director and may enroll in courses, provided they meet the course prerequisites, if any.

Graduate Certificates in Innovation
and Entrepreneurship