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Entrepreneurship and Innovative Ventures MS degree

Jenna Lenhardt, Assistant Director of Student Services and Outreach
(585) 475-6916, jlenhardt@saunders.rit.edu

Shalini Khazanchi, Department Chair
(585) 475-7126, skhazanchi@saunders.rit.edu

Program overview

The MS 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.

For further information about program specific GMAT/GRE waiver opportunities, tips on personal statements, and additional guidance on how to submit a successful application, please visit Saunders College of Business Admissions Requirements.

 




Effective fall 2013, RIT converted its academic calendar from quarters to semesters.
View this program's information from the retired quarter calendar

Quarter Curriculum - For Reference Only

Effective fall 2013, RIT converted its academic calendar from quarters to semesters. The following content has been made available as reference only. Currently matriculated students who began their academic programs in quarters should consult their academic adviser for guidance and course selection.
 

Program overview

The master of science degree in innovation management supports the development of technology workers as they move into leadership roles in the high-technology domains in the world economy. Graduates of the program will have a unique combination of technical and business expertise and will be able to communicate at all levels of an organization.

Curriculum

The program requires students to complete 46-48 quarter credit hours consisting of:

  • six required business 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 allow students to pursue organizational, research, product, or project management expertise;
  • One two-course sequence from a technology specialization area; and
  • A capstone experience, which serves as an opportunity for students to integrate their business and technology expertise through a full-quarter applied project or research paper.

Semester conversion
Effective fall 2013, RIT will convert its academic calendar from quarters to semesters. Each program and its associated courses have been sent to the New York State Department of Education for approval of the semester plan. For reference, the following charts illustrate the typical course sequence for this program in both quarters and semesters. Students should consult their graduate program adviser with questions regarding planning and course selection.

Program title change
Effective fall 2013, the program in innovation management will be renamed entrepreneurship and innovative ventures. This change will not affect currently matriculated students.

Innovation management, MS degree, typical course sequence (quarters)

Course Qtr. Cr. Hrs.
0101-703 Accounting for Decision Makers 4
0102-720 Entrepreneurship and New Venture Creation 4
0102-740 Organizational Behavior and Leadership 4
0102-742 Technology Management 4
0105-761 Marketing Concepts 4
0105-778 Commercialization and Marketing of New Products 4
0102-794 Innovation Management Capstone Preparatory 4
0102-795 Innovation Management Capstone 4
Choose two of the following courses: 8
   0102-741    Managing Organizational Change  
   0102-761    Managing Research and Innovation  
   0105-776    Product and Brand Management  
   0106-744    Project Management  
  Technology Specialization Courses 6-8
Total Quarter Credit Hours 46-48

Entrepreneurship and innovation ventures, MS degree, typical course sequence (semesters), effective fall 2013

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  
   GRDE-711    Design Theory and Methods Seminar  
   MGMT-735    Managmemnet of Innovation in Products and Services  
   MGMT-742    Technology Management  
   MKTG-776    Product and Brand Mangement  
   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 must be taken at RIT, but may be outside the Saunders College.

Admission requirements

To be considered for admission to the MS program in innovation management, candidates must fulfill the following requirements:

  • Hold a baccalaureate degree from an accredited institution,
  • Submit official transcripts (in English) from all previously completed undergraduate and graduate course work,
  • Submit the results of the Graduate Management Admission Test (GMAT) or Graduate Record Exam (GRE) (GMAT preferred),
  • Submit a personal statement,
  • Submit a current resume, 
  • Submit a capstone project proposal, and
  • Complete a graduate application.
  • International applicants whose native language is not English must submit scores from the Test of English as a Foreign Language. Minimum scores of 580 (paper-based), or 92 (Internet-based) are required. Scores from the International English Language Testing System (IELTS) will be accepted in place of the TOEFL exam. The minimum acceptable score is 7.0. The TOEFL or IELTS requirement is waived for native speakers of English or for those submitting transcripts and diplomas from American institutions. For additional information on the IELTS, visit www.ielts.org.

Completed applications for admission should be on file in the Office of Graduate Enrollment Services at least four weeks prior to registration for the next academic quarter for students from the United States, and up to 10 weeks prior for international students applying for student visas.

Accepted students can defer enrollment for up to one year. After one year, a new application must be submitted and will be re-evaluated based on the most current admission standards.