University of Maryland Unveils Master's Degree Program in Technology
15-month, global online program combines academics with new web-based
COLLEGE PARK, Md., April 1, 2014
COLLEGE PARK, Md., April 1, 2014 /PRNewswire-USNewswire/ -- The University of
Maryland, a national leader in entrepreneurship education and venture
creation, today announces it will offer a new master's degree program in
technology entrepreneurship starting this fall.
The 30-credit, 15-month Master of Technology Entrepreneurship, available
online to current and aspiring entrepreneurs worldwide, features the
university's most advanced and comprehensive entrepreneurship curriculum to
date, taking students from concept development and prototyping to business
model generation and customer validation, as well as legal aspects of
entrepreneurship, financial and innovation management, and effective growth
"As a pioneer in online education and new venture creation, the University of
Maryland is empowering the next generation of technology entrepreneurs through
this innovative master's program," said Dr. James V. Green, director of
entrepreneurship education at the A. James Clark School of Engineering's
Maryland Technology Enterprise Institute (Mtech), which is offering the
master's program through the UMD Office of Extended Studies. "In addition to
our most rigorous academic entrepreneurship track, for the first time, we are
pairing this enriching academic experience with the skills and relationships
of the university's acclaimed startup incubators."
The Master of Technology Entrepreneurship can be completed in 15-months, with
students enrolling in two 3-credit courses over five 12-week terms. The degree
program is designed to fit both full-time and part-time students from anywhere
in the world.
The following courses, each available online (descriptions available here),
will be offered:
oInnovative Ideas and Concept Development
oStrategies for Managing Innovation
oBusiness Modeling and Customer Validation
oCreative Design, Prototyping, and Testing
oMarket Development and Commercialization
oLegal Aspects of Entrepreneurship
oFinancial Management and New Venture Financing
oCorporate Technology Entrepreneurship
oFundamentals of Technology Startup Ventures
In addition, students in the Master of Technology Entrepreneurship program
will have access to Mtech's first online incubator, leveraging the experience
and expertise in new venture formation and launch of the successful Technology
Advancement Program incubator and Venture Accelerator Program.
The online incubator will include activities such as video-based coaching and
advising, mentoring, networking and connecting promising startups with
additional support, which could include funding introductions.
Mtech incubator graduates and success stories include two billion-dollar
companies (Martek Biosciences and Digene Corporation), hybrid engine inventor
PAICE Corporation, Squarespace, and more than a hundred additional
The University of Maryland has a long history of producing successful
entrepreneurs, with alumni launching industry-leading companies such as
Google, Under Armour, Sirius XM Radio and Polycom.
The approximate cost of the master's program is $19,500, plus books and fees,
payable in five installments over the 15-month period.
The Master of Technology Entrepreneurship launches in September 2014. Learn
more at: http://mte.umd.edu.
For photos related to this release, including a campus aerial and photos of
current and alumni entrepreneurs, visit
About the Maryland Technology Enterprise Institute (Mtech)
The mission of Mtech is to educate the next generation of technology
entrepreneurs, create successful technology ventures, and connect Maryland
companies with university resources to help them succeed. 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. Top-selling products such as MedImmune's
Synagis®, which protects infants from a deadly respiratory disease, and Hughes
Communications' HughesNet®, which brings satellite-based, high-speed Internet
access to the world, were developed through or enhanced by our programs.
Billion-dollar companies such as Martek Biosciences and Digene Corporation
graduated from our incubator. Mtech offers three experiential learning
programs and 20+ entrepreneurship and innovation courses, serving 1,000+
students annually, at the pre-college, undergraduate and graduate levels.
About the University of Maryland
The University of Maryland is the state's flagship university and one of the
nation's preeminent public research universities. A global leader in research,
entrepreneurship and innovation, the university is home to more than 37,000
students, 9,000 faculty and staff, and 250 academic programs. Its faculty
includes three Nobel laureates, two Pulitzer Prize winners, 49 members of the
national academies and scores of Fulbright scholars. The institution has a
$1.8 billion operating budget, secures $500 million annually in external
research funding and recently completed a $1 billion dollar fundraising
SOURCE University of Maryland
Contact: Eric Schurr, (301) 405-3889, email@example.com
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