Master of Entrepreneurship
By learning how science creates value in the marketplace, graduates with an Master of Entrepreneurship will be prepared to develop and launch disruptive, scalable ventures that address a societal need.
The graduate program in entrepreneurship is an intensive, twelve-month program that leads to a Master of Entrepreneurship (MsE) degree. The program begins in August with a one-week technology and business boot camp (non-credit bearing), followed by 36 credit hours of coursework, including a two-semester practicum sequence and a venture launch opportunity. Students take courses during the fall and winter academic semesters, and then spend the summer working on the launch of a new venture. The program is technology-focused. Applicants may propose their own idea for a technology-based venture, or they may work with the University of Michigan Office of Technology Transfer to assess the commercial viability of University-owned technology.
Students will form teams around specific technology-based ventures and conduct market assessments, develop and test product concepts, propose business models and marketing plans, and work towards customer-ready prototypes throughout the year. Teams will interact with industry mentors, and experience the value of iterative design based on meaningful feedback.
The practicum component will have two features: 1) project specific exposure (including regulatory processes, agencies, etc.) and 2) project development. The project development component will require students to apply the information they gain in their courses to their specific technical project, including but not limited to the selection of an innovation to pursue, development of an IP strategy, business strategy and market analysis, business model, and operations plan.
During the summer immediately following the academic year, students will be provided with the opportunity and support (in the form of seed funding and mentorship) to launch their technology-based ventures, should both the venture and team be deemed viable. Students whose projects are not considered viable will be given an opportunity to work in a local start-up venture or innovative company, putting their accumulated entrepreneurial knowledge into practice.
North Central Association of Colleges and Schools, The Higher Learning Commission