Technological Entrepreneurship (M.S.)
Our STEM-designated program empowers you with the technology-based managerial and entrepreneurial skills that you need to lead innovative business ventures.
More and more, the creation of societal value and wealth is driven by sophisticated, new technologies—through both the increasing pace of technological change and the effective management of high-growth scaling.
As the only business school in Chicago embedded in a tech-focused university, Stuart School of Business is uniquely positioned to train students with backgrounds in STEM fields to take on key roles in startups and innovative tech companies in this fast-moving, competitive environment.
Stuart’s Master of Science in Technological Entrepreneurship program provides future technological entrepreneurs with the scientific and quantitative managerial skills to successfully engage in entrepreneurial activities, such as developing a business idea, commercializing a technology, or working as an intrapreneur to drive innovation within a tech-based company.
Courses cover essential entrepreneurial skills and knowledge, including but not limited to ideation, market recognition, customer discovery, prototype design, financial modeling, visualization and data analytics, and social media marketing analytics. Throughout the program, you will apply your learning in a capstone project.
Chicago boasts one of the largest innovation ecosystems in the world, and Stuart faculty collaborate closely with the city’s entrepreneurship community to help students develop their professional networks. You’ll also have support through Illinois Tech’s Ed Kaplan Family Institute for Innovation and Tech Entrepreneurship and student entrepreneurship organizations on campus.
Through Illinois Tech’s one-of-a-kind Elevate program, you are guaranteed access to hands-on experiences, such as internships, throughout your graduate education, as well as personalized mentorship to guide your academic studies and career planning.
STEM-Designated Program
This is a STEM-designated program, and international graduates of the program are eligible to apply for an extension for Optional Practical Training, which allows selected students to stay and work in the United States for up to three years after graduation.
Program Overview
Combining interdisciplinary academics with a multi-semester capstone project, the STEM-designated M.S. in Technological Entrepreneurship program develops students’ strategic and quantitative skills in business, design, analytics, and decision making, and then provides opportunities to apply those skills in real time.
Career Opportunities
The M.S. in Technological Entrepreneurship program is ideal for students with backgrounds in science, technology, engineering, mathematics, or other technical fields who are looking to gain the necessary skills in management, design, innovation, and business analytics to launch startups and take on leadership positions in businesses of all sizes where technology plays a central role.
The M.S. in Technological Entrepreneurship program combines qualitative and quantitative rigor across academic disciplines including business, design, statistics, analytics, and management science. You will build technology-based managerial and decision-making skills that are applicable across many industries and types of organizations.
This degree requires a minimum of 30 credit hours (10 courses) for completion.
- 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
- A one-page statement of purpose, with goals and objectives
- English proficiency exam, if required
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
Have Questions? Connect with Us
For any questions about Stuart School of Business degree programs or the application and enrollment process, contact our Director of Student Recruitment Claire Johnson.
Tech Entrepreneurship: Ask a Professor
Virtual sessions on selected Tuesdays at 8–8:30 a.m. CT
Learn more about how you can develop the skills, experience, and connections to launch a startup or take on a position leading innovative ventures within a company. Sign up for one of these virtual information sessions to talk with Program Director Nik Rokop.
Scholarships
Students pursuing the M.S. in Technological Entrepreneurship degree who demonstrate a continuing commitment to innovation are eligible for the Chicago Innovation Scholarship, which in academic year 2024–25 awards up to $14,000 for the full two-year program. Read more about Stuart scholarship opportunities and tuition and fees:
Our Core Strengths
Kaplan Institute
The Ed Kaplan Family Institute for Innovation and Tech Entrepreneurship was created to help innovative and entrepreneurial Illinois Tech students become the leaders, inventors, and entrepreneurs of the future.
Alumni
A global network of accomplished Illinois Tech alumni is available to engage with and support our students.
Faculty Collaboration
With smaller class sizes at Stuart School of Business, the level of access to faculty is high.
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.
Apply Your Learning in a Capstone Project
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.
Stuart Stands Out
Stuart is AACSB Accredited. Only 6% of Business Schools Globally Are.
—Association to Advance Collegiate Schools of Business International
Career Placement Rate
—Stuart School of Business 2022 master’s and Ph.D. graduates reporting