Master of Science in Innovation and Entrepreneurship

The UT Dallas graduate innovation and entrepreneurship program is ranked #19 in Princeton’s Top Schools for Entrepreneurship for 2018!

The MS in Innovation and Entrepreneurship (MS IE) degree is a 36 semester credit hour degree program (18-24 months) at the Naveen Jindal School of Management. The MSIE prepares students for successful careers in the creation of new ventures, innovation-related roles in larger organizations, or entrepreneurial finance. Program highlights include:

  • Ranked #19 in Princeton Review’s Top Schools for Entrepreneurship in 2018.
  • Recognized as 2014 National Model Master’s Program by the United States Association for Small Business and Entrepreneurship (USASBE).
  • Recognized for 2014 Award for Excellence in Entrepreneurial Teaching and Pedagogical Innovation by Global Consortium of Entrepreneurship Centers (GCEC).
  • Strong academic curriculum including unique experienced-based courses.
    • Startup Launch courses – Enable students to launch companies while receiving academic credit. Students with scalable concepts can apply for up to $25k in funding to support their launch.
    • Seed Fund Support course – Students conduct due diligence and make investment recommendations for the UT Dallas Seed Fund.
    • Entrepreneurial Experience course – Partner with major technology companies on analyzing new market opportunities
    • Social Entrepreneurship course – Work with local nonprofits to improve their businesses.
    • Internship course – work in support of a startup company or corporation and get paid while gaining experience and receiving course credit.

MS in Innovation and Entrepreneurship degree at UT Dallas To apply for this degree program, an undergraduate degree is required (all majors are considered). Students who have completed any undergraduate degree are welcome to apply.

MSIE students may choose between two focus areas: 1) The New Ventures Concentration, or 2) The Innovation within the Corporation Concentration. Download Graduate Programs in Innovation and Entrepreneurship brochure. Download MS in Innovation and Entrepreneurship brochure.

  • Connect with the Director
  • Degree Plan
  • Key Features & Testimonials
  • Startup Launch
  • STEM & Other Double Degrees
  • Graduate Certificates

Connect with the Director

Innovation is the engine that drives our global economy.  Exciting career opportunities in 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 create new businesses or manage innovation within larger organizations.

In addition to a rigorous curriculum and an exceptional classroom experience, UTD offers outstanding extra-curricular learning opportunities.  Examples include:

At UT Dallas, you can really “Innovate Your Future”.

Madison Pedigo, MBA, CPA Director, Innovation and Entrepreneurship Programs

Degree Plan

Academic Degree Plans, Course Catalogs, and Course Information

UT Dallas Catalog icon

The MS in Innovation and Entrepreneurship has specific core and elective courses that prepare students to create new ventures, or pursue successful careers as investment professionals or in innovation related roles with established organizations. Students are encouraged to review the UT Dallas Graduate Catalog for the most updated curriculum details.

Download Degree Plan

Core Courses

9 semester credit hours

Elective Courses

12 semester credit hours

2 Concentration Areas

15 semester credit hours

  • New Venture

    This concentration focuses on the processes of innovation and entrepreneurship in early stage ventures. The Startup Launch Courses or Startup Launch Track allows students to start their business while getting course credit.

  • Innovation within the Corporation

    This concentration is designed for students interested in working in innovative positions within larger companies, such as new business development or strategic marketing.

startup launch rocket icon

Do you have a significant and scalable business concept?

The Startup Launch Specialty is a unique program within the framework of the MS IE degree program, for students who desire to launch their venture during or immediately after completion of the degree.

Learn more about Startup Launch

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
  • Flexible scheduling with classes in the evening; several courses offered online

Outstanding Student Programs

Student Testimonials

Arpit Agarwal

Arpit Agarwal

Master’s in Innovation and Entrepreneurship — Class of 2017

“The MSIE course structure enabled me to develop a holistic approach for starting and running a business. It empowered me so much that I am now confident at creating and implementing innovative business concepts. I am enthusiastically applying my knowledge and experiences in my home country, India, to help run my family business.”

Elaine Wang

Elaine Wang

Master’s in Management Science — Class of 2018
(completed several entrepreneurship courses)

  • 2nd Place BIC Winner in 2017
  • Co-Founder of Cthrough

“The startup launch course and mentoring from IE faculty, such as Bryan Chambers, Steve Guengerich and Madison Pedigo, have played a key role in helping us develop and launch our company, Cthrough. Our company is progressing well and is ramping up for customer engagements.”

Lucas Rodgriguez

Lucas C. Rodriguez

PhD, Biomedical Engineering — Class of 2016
(completed entrepreneurship electives)

  • Winner of the graduate Business Idea Competition in 2014
  • Serial Entrepreneur
  • Co-Founder and President, CerSci Therapeutics (a pharmaceutical research and development firm concentrating on new non-opioid analgesics for the alleviation of acute and chronic pain)

“The startup launch course and the ENTP 6370 innovation and entrepreneurship course helped me immensely in terms of learning how to develop viable business concepts and conduct market and customer validation. Faculty mentoring also played a big role in my success in the 2014 BIC and in developing multiple startup concepts including CerSci Therapeutics.”

Corey and Swapnil

Corey Egan and Swapnil Bora

MBA — Classes of 2010 and 2011, respectively
Full-time MBA students who took entrepreneurship courses

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

“I&E 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.”
Learn more about their company, Ilumi.

Nicole Mossman

Nicole Mossman

Master’s in Innovation and Entrepreneurship — Class of 2015

  • Is a participant in the MSIE Startup Launch Specialty.

“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.”

TraceIT with Mark Cuban at the 2015 BIC

Kiran Devaprasad and William White

Double EMBA/Master’s in Innovation and Entrepreneurship — Classes of 2016 and 2017, respectively

  • Winners of the 2015 UT Dallas Business Idea Competition.
  • Kiran won the Texas Business Hall of Fame Scholarship in 2016. (Will was a finalist).
  • Both participated in the Startup Launch Specialty courses and the IIE Venture Incubation program as part of the MSIE degree program. They have now launched their company, TraceIT, whose mission is to provide a simple and affordable mobile workforce management solution to logistics and transportation companies of all sizes.

“We are both huge proponents for the UTD MSIE program, which has been instrumental in the successful launch of TraceIT. We’ve received outstanding instruction through the MSIE program, as well as timely and highly impactful advice from multiple mentors, including Jeremy Vickers and Madison Pedigo.”

Kamiar Kordi with William Buffet

Kamiar Kordi

Master’s in Finance — Class of 2016
(who completed entrepreneurship electives)

  • Texas Business Hall of Fame Scholarship Recipient in 2016
  • Serial Entrepreneur

“The entrepreneurial department and entrepreneurial finance courses with Madison Pedigo UTD helped me a lot! Great faculty, great resources, and many avenues for personal and professional growth!”

Startup Launch

Startup launch courses are available to students enrolled in any degree program at UT Dallas. Instructor permission is required to enroll. Students in the courses that have scalable business concepts are encouraged to apply for funding to support the validation and development of their business concept.

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 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.

STEM Courses

Entrepreneurship courses that are offered in STEM degree programs are considered STEM Courses. These include:

Double Degree Programs and MS Degree Combinations

The versatility of the MSIE degree helps students pursue double graduate business degrees or MS degree combinations if desired. Students wanting a STEM degree may wish to consider pairing the MS IE (non-STEM) degree with a MS STEM program to support three years of study at UT Dallas.

In general, a minimum of 55-57 credits hours are required to complete the MS IE and another MS degree program. The double MS IE/MBA typically requires 63-66 credit hours to complete.

Example of Double Degrees and MS Degree Combinations:

  • MSIE and MS Management Science (STEM)
  • MSIE and MS IT Management (STEM)
  • MSIE and MS Supply Chain Management (STEM)
  • MSIE and MS in Finance
  • MSIE and MS in Marketing
  • Double MSIE and MBA

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

Graduate Certificates

The Naveen Jindal School of Management (JSOM) offers two graduate certificates 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. The two graduate certificates are:

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

Graduate Certificates in Corporate Innovation (9 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 9 credit hours of study as detailed below:

Graduate Certificates in New Venture Entrepreneurship (9 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 9 credit hours of study as detailed below:

  • ENTP 6370 Entrepreneurship (required)
  • ENTP 6390 Business Model Innovation (required)
  • One additional course selected from the following list:
    • ENTP 6378 Managing the Emerging Enterprise
    • ENTP 6360 Startup Launch I or ENTP 6365 Business Concept Validation
    • ENTP 6380 Market Entry Strategies

Degree-Seeking Students and Non-Degree-Seeking students

Students already enrolled in a graduate degree program in the JSOM are automatically eligible to enroll in any ENTP course as long as they meet the course prerequisites. However, under the new JSOM guidelines, both degree seeking and non-degree seeking students must now separately apply to and be admitted to the IE certificate programs using the JSOM admission website used for applications to the MS degree programs.

After being admitted to the certificate program, students enroll in the required courses. As a student enters their final semester of completing the required certificate courses, please email the Innovation and Entrepreneurship Program Director regarding your desire to receive a certificate. Contact information is listed on the MSIE website.

Please see the current graduate course catalog for course descriptions, course prerequisites and other information.