Entrepreneurship and Innovative Ventures MS


Graduate Admissions Counselor

Keith Davis
585-475-7223, krdges@rit.edu


Department Contact

Jenna Lenhardt
585-475-6916, jlenhardt@saunders.rit.edu


Admission Deadlines & Requirements

Program Available Online? No
Application Deadline Rolling
Admit Term Full-Time: Fall; Part-time: Fall, Spring, Summer
Entrance Exam GMAT or GRE
Other
English Language Exams:
TOEFL (Internet) 92
IELTS 7.0
PTE Academic 63

 

Priority deadline - COMPLETE applications that are received by this date are given priority consideration for admission and financial aid (if applicable). Applications received after the priority deadline will be considered on a space-available basis.

Rolling - There is no specific deadline for applications; applications will be accepted and reviewed throughout the year until the program reaches capacity.

Program overview

The master of science degree in entrepreneurship and innovative ventures focuses on the entrepreneurial and innovation process, by which inventions or creative new ideas are brought to market. Graduates achieve a unique combination of technical and business expertise that is especially relevant to start-up ventures or professionals supporting small business start-ups.

Plan of study

The program requires students to complete 30 credit hours consisting of:

  • Six required core courses designed to increase a student’s knowledge of accounting, organizational behavior and leadership, technology management, entrepreneurship, marketing, and product commercialization;
  • Two innovation courses that increase student's knowledge of managing the innovation process.
  • Two elective courses that provide students with additional background in areas of interest.

Curriculum

Entrepreneurship and innovative ventures, MS degree, typical course sequence

Course Sem. Cr. Hrs.
MGMT-740 Organizational Behavior and Leadership 3
MKTG-761 Marketing Concepts and Commercialization 3
MGMT-720 Entrepreneurship and New Venture Creation 3
BLEG-612 Legal and Accounting Issues for New Ventures 3
FINC-605 Financing New Ventures 3
MGMT-765 Applied Venture Creation* 3
Choose two of the following courses: 6
   DECS-744    Project Management  
   MGMT-735    Management of Innovation in Products and Services  
   MKTG-776    Product and Brand Management  
   MKTG-778    Commercialization and Marketing of New Products  
  Graduate Electives† 6
Total Semester Credit Hours 30

* Students enrolled in Applied Venture Creation (MGMT-765) may work on their own project in the course or they may work on a project in conjunction with Venture Creations, RIT's business incubator.

† Graduate electives taken at RIT may be in courses outside the Saunders College.

Admission requirements

To be considered for admission to the MS program in entrepreneurship and innovative ventures, candidates must fulfill the following requirements:

  • Complete a graduate application. 
  • Hold a baccalaureate degree (or equivalent) from an accredited university or college.
  • Submit official transcripts (in English) of all previously completed undergraduate and graduate course work.
  • Have a minimum cumulative GPA of 3.25 to have GMAT requirement waived*.
  • Submit scores from GMAT or GRE (GMAT preferred). Scores cannot be more than five years old.
  • Submit an essay based on one of the following topics: (1) describe an ethical dilemma you have faced and how you resolved it; (2) explain what you have learned from a managerial, leadership, or team experience that was not completely successfully; or (3) describe your greatest professional achievement and how you added value to your organization. The essay should be typed, double-spaced, and two pages in length.
  • Submit a current resume or curriculum vitae.

* The GMAT may be waived if an applicant has a GPA of 3.25 or higher, or they can present evidence of professional work experience of six or more years. Students who cannot submit a GMAT, GRE, or one of the two waiver requirements may be considered for admission on a case-by-case basis.

 


Career Outcomes

The RIT Office of Career Services and Cooperative Education website provides information pertaining to student skills and capabilities, salary data, career information, job outcomes, and contact information for the Career Services Coordinator by program.


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