Masters of Technological Entrepreneurship

Technological Entrepreneurship (M.A.S.)

Request Info Visit Apply

The Master of Technological Entrepreneurship program gives aspiring high-tech entrepreneurs the skills and knowledge they need to make their ideas a reality.

Drawing on Illinois Tech’s Stuart School of Business, Institute of Design, and Chicago-Kent College of Law, the program provides students—particularly those with technical backgrounds—with a comprehensive curriculum to explore innovative, entrepreneurial, and design-thinking approaches in their work.

Collaboration, networking, and mentoring are woven throughout the program, and strong connections with Chicago’s vibrant entrepreneurial community and Illinois Tech’s innovation-focused groups and resources provide a wide range of opportunities for hands-on experiences.

In the capstone project—which accounts for 9–12 of the 30 credits required for the program—students apply their learning and creativity to real-world enterprises, such as building a startup business, bringing new technology to market, or completing an entrepreneurial project within a company or organization.

Through Illinois Tech’s one-of-a-kind Elevate program, you are guaranteed hands-on experiences throughout your graduate education, such as virtual and in-person internships, and personalized guidance from a career adviser, academic mentor, and alumni coach.

Program Overview

The Master of Technological Entrepreneurship program is specifically designed for students with technical backgrounds and the entrepreneurial spirit and drive to create innovative business ventures. Learning is applied and hands-on, drawing on the abundant resources of Chicago’s dynamic network of startups and tech entrepreneurs.

Career Opportunities

The Master of Technological Entrepreneurship is ideal for students with backgrounds in science, technology, engineering, or mathematics who are looking to gain the necessary business, design, innovation, and legal skills to launch startups and take on leadership positions in small and mid-sized businesses where technology plays a key role.

Disclaimer for prospective students, please read.
The information provided is sourced from a third party, Lightcast, and is provided here for informational and educational purposes only. Please be advised that the inclusion of the Lightcast resource on this website does not imply endorsement by Illinois Institute of Technology (Illinois Tech), nor is it a guarantee of the accuracy of this information. Illinois Tech makes no representation, warranty or guarantee, express or implied, that the information presented herein is reflective of the outcomes you can expect if you enroll in or graduate from an Illinois Tech program. Illinois Tech expressly disclaims any liability regarding Lightcast, or in connection with any actual or potential employment opportunity stemming from information on this site and you hereby irrevocably waive any claim(s) against the Illinois Tech for the same. Your use of this web page is an acknowledgement of your understanding and acceptance of the terms and conditions set forth herein. You are encouraged to conduct your own thorough research into job opportunities and outcomes in your field of study.

Courses in the Master of Technological Entrepreneurship program are designed to develop the expertise and problem-solving abilities that entrepreneurs need to thrive in highly competitive business environments, including: strategizing for the high-tech business space, design thinking, and navigating the legal and transactional aspects of forming and growing businesses.

In the program’s capstone project, students apply their learning by engaging in an individualized hands-on, real-world project as a startup founder, corporate innovator, or creative researcher.

View Details

  • Completed online application
  • Official transcript submission with a minimum cumulative undergraduate grade-point average of 3.0 on a 4.0 scale
  • No GMAT or GRE scores required
  • Official TOEFL or IELTS score, if required. A minimum score of 85 on the internet-based TOEFL, 600 on the paper-based TOEFL, or 7.0 on the IELTS exam is required for admission consideration
  • A one-page statement of purpose, with goals and objectives
  • At least one letter of recommendation from an academic or professional reference

Current Illinois Tech undergraduates and recent alumni have options to reduce the number of credits required for this program through the university’s Accelerated Master’s Program. For more specific information about admission and the application process that pertains to you, visit the links below:

  NEW TO ILLINOIS TECH  ILLINOIS TECH UNDERGRAD STUDENT

Scholarships

Students pursuing the Master of Technological Entrepreneurship degree who demonstrate a continuing commitment to innovation are eligible for the Chicago Innovation Scholarship. Read more about Stuart scholarship opportunities and tuition and fees:

Stuart Scholarships   Tuition and Fees

Enrich Your Skills in Chicago

Institute of Design outside Kaplan Institute

The Ed Kaplan Family Institute for Innovation and Tech Entrepreneurship was created to help innovative and entrepreneurial students become the leaders, inventors, and entrepreneurs of the future.

Entrepreneurship Academy

This university-wide, academic-focused organization is fostering a community of entrepreneurship on campus that transcends departments and units.

 

Chicago Technology Community

Chicago has one of the world’s most diverse economies, including manufacturing, life sciences, services, logistics, hospitality, and software/IT.

Featured Faculty

Nik Rokop
Coleman Foundation Clinical Associate Professor of Entrepreneurship Director, Master of Technological Entrepreneurship
Weslynne Ashton
Associate Professor Affiliate Professor, Armour College of Engineering
M. Krishna Erramilli
Associate Dean Director, Master of Business Administration Director, M.S. in Marketing Analytics Director, M.B.A. Business Analytics Director, Master of Management Professor of Marketing
Peter Zapf
Adjunct Professor
Jeremy Alexis
Vice Provost, Office of Professional and Continuing Education Clinical Professor of Design

Apply Your Learning in a Capstone Project

Startup Ideas

Students interested in developing and commercializing their own ideas into a product or service-based startup can do so in the MTE program.

Research Commercialization

Students interested in bringing to market technologies based on laboratory research from universities and other research institutions will learn the commercialization process in the MTE program.

Corporate Innovation

Students interested in acquiring the knowledge, competencies, and relationships to solve innovation challenges within established companies and large organizations can do so in the MTE program.

Our Core Strengths

Faculty Colaboration

With smaller class sizes at Stuart School of Business, the level of access to faculty is high. 

Community Engagement

Students work closely with the campus community and the Chicago innovation and entrepreneurship ecosystem.

Alumni Relations

A global network of accomplished Illinois Tech alumni is available to engage with and support our students.

Student Relationships

With a cohort of students completing the two terms in unison, there are opportunities to develop lasting friendships and networks.

Active Learning

Faculty work closely with colleagues and graduate students at Stuart to create knowledge across a wide range of topics in business and technology.

Interdisciplinary Focus

Ideas, expertise, and resources from the fields of business, design, law, and technology produce a rich environment for learning and innovation.

Which Tech Entrepreneurship Program at Stuart Is Right for You?

Stuart offers two master’s programs in technological entrepreneurship, both featuring the same interdisciplinary set of required courses and hands-on entrepreneurial experience throughout the program in a capstone project.

  • M.S. in Technological Entrepreneurship—STEM-designated, so international graduates of the program are eligible to apply for an extension for Optional Practical Training in the United States. Offers elective courses focused on analytics and quantitative skills.
  • Master of Technological Entrepreneurship—Offers flexibility for you to choose elective courses from across the university to fit your interests and goals.

“The Stuart technological entrepreneurship program allowed me to formulate a personalized curriculum that met my interests and passions. I took a multidisciplinary approach to my degree that no other program would have allowed me to do. It’s hard work, but a lot of fun with some great people.”

—Claire Powell, 2022 graduate

“This program has helped me to have a better understanding of people’s needs. Losing the fear to go out, talk with people and customers, and discover their motivations and necessities was without a doubt the greatest skill the technological entrepreneurship program at Stuart gave me.”

—Rodrigo Martorell, 2022 graduate

“As a tech entrepreneurship student at Stuart, I was able to gain knowledge and skills that have changed my life and how to think forever. I’m proud to be an alumnus of the program, which I believe will disrupt higher education soon. With this program, your future is about to start.”

- Faisal Alshehri, 2021 graduate

Stuart Stands Out

2 in 5

Earn Two Degrees (Bachelor’s + Master’s) in Just Five Years with Accelerated Master’s Program

Chicago Skyline Ariel View 280x150

Only Business School in a Tech-Focused University in Chicago

5%

Stuart is AACSB Accredited. Only 5% of Business Schools Globally Are.

—Association to Advance Collegiate Schools of Business International