Concordia University Chicago

MA, Innovation and Entrepreneurship


7400 Augusta St

River Forest, IL 60305

United States

Program Information

Degrees Offered:

MA, Innovation and Entrepreneurship

Format: Online

Program Description:

Drive Positive Change and Business Success With a Master’s in Innovation and Entrepreneurship

An entrepreneurship degree can help leaders and dreamers develop the essential business skills needed to launch or grow a company, while an innovation degree empowers visionaries to turn big ideas into industry-changing reality. An Accenture survey found 96% of executives agree innovation is critical to long-term success, with 84% stating their organization’s strategy is “very” or “extremely” dependent on it.(1)

The Master of Arts in Innovation and Entrepreneurship from Concordia University Chicago answers the growing need for cutting-edge strategies in management and leadership. Offered through the university’s College of Business’ Center for Innovation and Entrepreneurship, this master’s degree aims to combine the best of entrepreneurial mindset and innovative thinking.

This program is offered online and face-to-face (depending on enrollment). A convenient online learning platform makes the master’s in Innovation and Entrepreneurship an ideal option for busy professionals across the country and around the world. The program is designed for individuals who aspire to create a new business or nonprofit, or to assume a leadership role in a startup. It is also an excellent fit for “intrapreneurs” who work in business development, continuous improvement, research and development, and other business areas.

Students in the master’s in Innovation and Entrepreneurship program will:

  • Explore ways to develop creative talent—both personally and among individuals and teams.
    Learn to build a work environment that supports creative and divergent thinking.
    Examine leadership theories and styles that foster innovation.
    Analyze how design thinking and innovation principles can be used to create strategic value.

Groundbreaking Business Ventures Start With an Online Master’s in Innovation and Entrepreneurship

Concordia University Chicago has earned a reputation for excellence in graduate business education, with programs ranging from specialized MBAs and MA to a Doctorate in Business Administration (DBA). In addition to a strong focus on creativity and innovation, as outlined above, the MA in Innovation and Entrepreneurship incorporates business coursework with an emphasis on practical skills.

Through the online courses in this business master’s program, students will learn how to:

  • Read and accurately interpret financial statements for business diagnostics.
    Apply best practices for leading cross-border projects.
    Design and rapidly prototype solutions that deliver a unique value proposition.
    Leverage social media to engage consumers and achieve business goals.
    Integrate ethical frameworks into business decisions and reduce risk and liability.

Degree Program Specifications

Students must complete 30 credit hours of coursework to earn an MA in Innovation and Entrepreneurship from Concordia University Chicago. This business master’s program features nine online classes and a 3-credit capstone that is designed to help students synthesize and apply what they have learned in a real-world entrepreneurial or innovation-related experience.

The academic calendar spans three 16-week semesters per year, and each semester consists of two consecutive eight-week terms. Students who take one course per term can complete the program in less than two years.

Admission Requirements

To be considered for admission into the MA in Innovation and Entrepreneurship program at Concordia University Chicago, applicants must have earned a bachelor’s degree from a regionally accredited institution. Prospective students must complete the free online application and submit all required admission materials:

  • Objective Statement – Write a brief statement outlining your education, career and/or business goals, and explain how an online business master’s degree from Concordia University Chicago will help you fulfill those objectives.
    Official Transcripts – Provide one official, sealed transcript from each institution that has granted you a degree. Full admission to the master’s program requires a cumulative grade point average of 2.85 or better for bachelor’s degrees and 3.00 or higher for a master’s degrees.
    Letters of Recommendation – Send two letters of recommendation from individuals who are able to comment on your academic proficiency, professional competencies, personal character and business potential.

International applicants may be required to submit additional supporting materials, such as proof of English language proficiency and a foreign transcript evaluation from an approved credentialing service. For full requirements, visit the Admission & Tuition page.

There is no application fee and no GRE requirement to apply for the master’s in Innovation and Entrepreneurship at Concordia University Chicago.


The Higher Learning Commission and a member of the North Central Association (

Facts & Figures

Classification: Master's College or University I

Size & Settings: 3,000-5,999

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