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Technology Entrepreneurship at UMD

How the Program Work

Overview | Advising | MPS Plan

Program Overview

The Master of Professional Studies in Technology Entrepreneurship (MPS-TE), pairs an enriching academic experience with the skills and relationships of the University’s world-class startup incubators. The program is offered through an online learning environment within a 12-week calendar format benefitting working professionals with flexibility, convenience, and accessibility. MPS-TE prepares students to apply newly gained insights and acquired competencies to real-world innovation management challenges across five major stages of the innovation value chain from strategy development and idea generation to commercial concept and product development and successful market establishment, as well as sustainable growth in various contexts. Instruction is provided by UMD faculty and experts in the field. The programs are designed to equip students with a practical understanding of the principles and techniques for effective new venture creation and launch. Information on UMD’s online learning environment may be found here.

Students should visit Calendars & Deadlines to determine the term schedule start and end dates as well as deadlines for cancellation or withdrawal. In a 12-week term, students complete course work in 11 weeks; week 12 is reserved for finals. A minimum 3.0 GPA is required to maintain good academic progress for graduation. Students are responsible for keeping track of their progress and should review their academic record to ensure accuracy.

MPS-TE is offered through the Maryland Technology Enterprise Institute (Mtech) in the A. James Clark School of Engineering. A national leader in entrepreneurship education and venture creation, UMD’s comprehensive entrepreneurship and innovation ecosystem is uniquely positioned for students to acquire the knowledge, competencies, and relationships to solve today’s and tomorrow’s innovation challenges. Founded in 1983, Mtech has had a $32.3 billion impact on the Maryland economy and helped create or retain more than 10,000 jobs. Mtech educates the next generation of technology entrepreneurs, creates successful technology ventures, and connects Maryland companies with university resources to help them succeed. To learn more, click here.

Advising & Academic Director

Mentoring and advisement is an essential part of the program. Students meet with faculty and the program director to ensure that educational goals are being met. Prospective students are urged to consult with Dr. James V. Green, Director, via e-mail: mtecheducation@umd.edu.

Plan of Study, MPS in Technology Entrepreneurship

MPS-TE is committed to teaching the disciplines of entrepreneurial thinking that produce not just entrepreneurial inspirations but an entrepreneurial frame of mind. The 30-credit, 9-course graduate program may be completed in 15 months by enrolling in two 3-credit courses in the first four 12-week terms and a 6-credit capstone course in the final term. Students apply and are admitted as a cohort (fall or spring) and should follow the plan of study as outlined below. The MPS empowers the student to:

  • Think beyond current paradigms in order to discover innovation needs and to envision impact through strategic idea and concept development (Term 1).
  • Leverage ideas to create sustainable business models aligned with customer needs and wants in competitive marketplaces (Term 2).
  • Manage commercialization challenges and market launch efficiently and effectively (Term 3).
  • Navigate the legal aspects of product development and company launch and build sound financial and accounting strategies and practices (Term 4).
  • Know how to accelerate growth and create sustainable value through appropriate business development, risk management, financing, and value extraction strategies (Term 5).
MPS in Technology Entrepreneurship: Plan of Study
Course Required Courses Fall Cohort Term of Study Spring Cohort Term of Study
ENES662 Innovative Ideas and Concept Development I (Fall) III (Spring)
ENES663 Strategies for Managing Innovation I (Fall) III (Spring)
ENES664 Business Modeling and Customer Validation II Winter IV (Summer)
ENES665 Innovative Thinking II Winter IV (Summer)
ENES666 Creative Design, Prototyping, and Testing III (Spring) I (Fall)
ENES667 Market Development and Commercialization III (Spring) I (Fall)
ENES670 Financial Management and New Venture Financing IV (Summer) II Winter
ENES671 Legal Aspects of Entrepreneurship IV (Summer) II Winter
ENES672 Launching Technology Startup Ventures I (Fall) III (Spring)

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