Entrepreneurship and Innovation, MS
Do you want to take charge of your future? In this one-year program, you'll launch your own venture while earning a STEM master's degree. Start your journey this fall.
Quick facts
Additional facts
STEM-OPT extension eligible: Yes
International students (F1) can extend U.S. work experience by 24 months.
Accreditation
Accredited by the Higher Learning Commission.
Degree description
The Master of Science program in entrepreneurship and innovation integrates the most advanced practices and technologies from business, engineering and design in a transdisciplinary, experience-based program. You are prepared to be a part of the next generation of leaders, with the skills needed to launch successful ventures in any industry or sector, inside existing organizations or as new entities. This program prepares you to define a new standard for venture development and helps intrapreneurs create change within existing organizations.
You prepare to lead cross-disciplinary teams in a world of growing uncertainty. You are able to identify needs, evaluate opportunities, generate insights from concrete problems, innovate solutions, and create and launch scalable business models that provide value to all stakeholders.
Four optional tracks --- applied AI and business analytics, marketing, financial technology, and supply chain management --- provide additional experience and knowledge while adding only one semester to the program.
Curriculum
This graduate degree includes courses focused on a specialized topic, so you can advance your skills for further professional opportunities. Explore all courses below.
30 credit hours including the required applied project course (MGT 593)
Required Core (3 credit hours) Electives or Research (24 credit hours) Culminating Experience (3 credit hours) Additional Curriculum Information
IVD 562 Innovation Studio III: Explore, Fail, Solve (3)
MGT 593 Applied Project (3)
Students complete MGT 593 twice for 1.5 credit hours each time, for a total of three credit hours. Students should see the academic unit for a list of approved elective coursework.
Admission requirements
Here are the admission and application details
All students are required to meet general university admission requirements.
U.S. applicants (opens in new window) | International applicants (opens in new window) | English proficiency (opens in new window)
Applicants must fulfill the requirements of the Graduate College, the Herberger Institute for Design and the Arts, the Ira A. Fulton Schools of Engineering and the W. P. Carey School of Business. Applicants must have earned a bachelor's or master's degree in business, design, engineering or a related field from a regionally accredited institution. Applicants must have a minimum cumulative GPA of 3.00 (scale is 4.00 = "A") in the last 60 hours of their first bachelor's degree program or a minimum cumulative GPA of 3.00 (scale is 4.00 = "A") in an applicable master's degree program. Applicants are required to submit: Additional Application Information The applicant's written statement should describe a professional experience that highlights their use of innovation and entrepreneurial skills.
An applicant whose native language is not English must provide proof of English proficiency regardless of their current residency.
Application deadlines
| Session | Modality | Deadline | Type |
|---|---|---|---|
| Session A/C | In Person | 07/01 | Final* |
*A final deadline means that all applications and application materials must be received by Admission Services by the deadline date. Applications that are incomplete may not be considered after the final deadline. Applications that are submitted past the final deadline may not be considered.
Explore expanded study opportunities
This program allows you to obtain both a bachelor's and a master's degree in as little as five years. As a high-achieving student, accelerated bachelor's plus master's degree programs are designed for you to share undergraduate coursework with graduate coursework to accelerate completion of your master's degree. These programs feature the same high-quality curriculum taught by ASU's world-renowned faculty.
This program is offered as an accelerated bachelor's plus master's degree with:
Approval to pursue the accelerated master's is typically granted during the junior year of your bachelor's degree program. If you are interested, you can learn more about eligibility requirements and how to apply.
Paying for college
Use our calculator to estimate your full-time or part-time tuition fees for this program prior to any financial aid. Keep in mind that most of our students recieve financial aid, which can reduce out-of-pocket costs.
Get an estimateCareer opportunities
Career opportunities for graduates include:
- chief innovation officer
- creative developer
- director of engineering
- founder or CEO
- innovation manager
- management consultant
- marketing director
- product developer
Contact information
Use the contact information below to get in touch if you're a current student or have general questions.
Prospective students should fill out the Request for Information form.
WPC Graduate Programs
and
The Design School
|
MCRD 350
wpcareymasters@asu.edu
480-965-3332
Frequently asked questions about degree programs
Accelerated programs allow students the opportunity to expedite the completion of their degree.
Accelerated master's
These programs allow students to accelerate their studies to earn a bachelor's plus a master's degree in as few as five years (for some programs).
Each program has requirements students must meet to be eligible for consideration. Students typically receive approval to pursue the accelerated master's during the junior year of their bachelor's degree program. Interested students can learn about eligibility requirements and how to apply.
Concurrent degrees allow students to pursue their own personal or professional interests, earn two distinct degrees and receive two diplomas. To add a concurrent degree to your existing degree, work with your academic advisor.
Joint programs, or jointly conferred degrees, are offered by more than one college and provide opportunities for students to take advantage of the academic strengths of two academic units. Upon graduation, students are awarded one degree and one diploma conferred by two colleges.
ASU adds new programs to Degree Search frequently. Come back often and look for the "New Programs" option.
ASU Online offers programs in an entirely online format with multiple enrollment sessions throughout the year. See https://asuonline.asu.edu/ for more information.
The Western Regional Graduate Program (WRGP) provides a reduced tuition rate to non-resident graduate students who qualify. Visit the WRGP/WICHE webpage for more information: https://graduate.asu.edu/wiche.

