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University of Maryland Launching Online Master's Degree in Technology Entrepreneurship

University of Maryland
Photo courtesy of the University of Maryland

This fall, the University of Maryland will offer a new online master's degree program in technology entrepreneurship.

Put together by the A. James Clark School of Engineering's Maryland Technology Enterprise Institute (Mtech) through the UMD Office of Extended Studies, the 30-credit, 15-month Master of Technology Entrepreneurship will take students through the entrepreneurial process, from concept development and prototyping to business model generation and customer validation. It will also focus on legal aspects of entrepreneurship, financial and innovation management and growth strategies.

Students will enroll in two 3-credit courses over five 12-week terms. Courses include Innovative Ideas and Concept Development; Strategies for Managing Innovation; Business Modeling and Customer Validation; Innovative Thinking; Creative Design, Prototyping and Testing; Market Development and Commercialization; Legal Aspects of Entrepreneurship; Financial Management and New Venture Financing; Corporate Technology Entrepreneurship; and Fundamentals of Technology Startup Ventures.

In addition, students will have access to Mtech's first online incubator, where they can take advantage of video-based coaching and advising; mentoring; networking; and connecting promising startups with additional support, which could include funding introductions. Mtech incubator graduates and success stories include two billion-dollar companies (Martek Biosciences and Digene Corporation), hybrid engine inventor PAICE Corp., Squarespace and more than 100 additional technology-based ventures.

The approximate cost of the master's program is $19,500, plus books and fees, payable in five installments over the 15-month period.

About the Author

Rhea Kelly is editor in chief for Campus Technology, THE Journal, and Spaces4Learning. She can be reached at [email protected].

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