Executive Masters Of Business Administration
The Executive Masters of Business Administration (EMBA) at RIT is desi...
M.S. in Technology Innovation Management and Entrepreneurship
Rochester
INTAKE: August
Program Overview
Rochester Institute of Technology (RIT) offers the M.S. in Technology Innovation Management and Entrepreneurship program, designed for students who wish to combine technical expertise with entrepreneurial skills to drive innovation in technology-based companies. The program equips students with the necessary tools to succeed in managing and launching new ventures, with a strong focus on technology commercialization, business development, and leadership in the tech industry.
STEM-designated: The M.S. in Technology Innovation Management and Entrepreneurship is a STEM-designated program, highlighting its emphasis on science, technology, engineering, and mathematics. This designation enhances career prospects for international students by providing eligibility for extended Optional Practical Training (OPT) to gain valuable work experience in the United States.
Curriculum: The curriculum combines foundational business principles with cutting-edge technology topics. Core courses focus on areas such as innovation strategy, product development, entrepreneurship, and business management. Students also have the flexibility to choose electives that align with their interests in areas like digital technologies, sustainable business practices, and global market strategies. The program offers hands-on experience through projects, case studies, and a capstone project.
Research Focus: RIT’s research in technology innovation and entrepreneurship spans various disciplines, including emerging technologies, business models, and innovation processes. Students are encouraged to engage in research that bridges the gap between technological advancements and commercial applications. Faculty expertise in innovation and entrepreneurship ensures students can apply theoretical knowledge to real-world problems, contributing to research that drives progress in the tech industry.
Industry Engagement: The M.S. program emphasizes industry connections through internships, co-op programs, and partnerships with technology companies, startups, and research institutions. Students benefit from RIT’s strong ties to the industry, gaining valuable practical experience and networking opportunities that enhance their career prospects. Collaborations with companies often lead to internships or job placements in roles focused on innovation management and entrepreneurship.
Global Perspective: RIT’s focus on global technology management prepares students to tackle challenges in an interconnected world. Through international case studies, cross-cultural teamwork, and global business strategies, students learn to navigate the complexities of global markets, regulatory environments, and international business practices. The program fosters a global mindset, ensuring graduates are well-prepared for leadership roles in technology and entrepreneurship around the world.
Location
Rochester
Score
IELTS 6.5
Tuition Fee
USD 54176
Postgraduate Entry Requirements
Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 70% or above in their bachelor's degree.
English Language Proficiency:
- IELTS: Overall band score of 6.5 or 7.0 with a minimum of 6.0 in each component.
- TOEFL: Overall score of 88 or higher.
- PTE: Overall score of 60 or higher.
Standardized Test Requirements:
- GRE Graduate Record Examinations: Overall score of 280 or higher is required.
- GMAT Graduate Management Admission Test: Overall score of 400 or higher is required.
WES Evaluation is required
Rochester Institute of Technology (RIT) is supporting international students through a variety of scholarship opportunities designed to ease the financial burden of studying abroad. These scholarships are available for undergraduate and graduate students and can be awarded based on academic merit, need, and specific program requirements.
Merit-Based Scholarships: RIT offers several merit-based scholarships for international students that are awarded based on academic achievement. These scholarships are intended to recognize the hard work and dedication of students who have demonstrated exceptional academic performance in their previous studies. These scholarships can significantly reduce tuition fees, making education at RIT more affordable for international students. Applicants are automatically considered for merit-based scholarships during the admissions process, and no additional application is required.
International Student Scholarships: In addition to merit-based scholarships, RIT offers specific scholarships tailored to international students. These scholarships are designed to make education accessible to students from around the world and help them pursue their studies at a world-class institution. The scholarships vary in amount and eligibility criteria, and they are awarded based on factors such as academic performance, leadership potential, and extracurricular involvement.
Program-Specific Scholarships: Certain academic programs at RIT offer program-specific scholarships for international students. These scholarships are designed to support students in specific fields of study, such as engineering, business, computer science, and the arts. Each program may have its own criteria for eligibility, and students are encouraged to check with their respective departments for details about available scholarships. Program-specific scholarships often offer additional opportunities for networking, research, and professional development.
Graduate Scholarships and Assistantships: RIT offers graduate scholarships and assistantships to international students pursuing master’s and doctoral degrees. These scholarships are awarded based on academic excellence, research potential, and professional achievements. Graduate students may also be eligible for teaching or research assistantships, which provide a stipend and valuable academic experience. Assistantships allow students to work alongside faculty on research projects and gain teaching experience, which can enhance their academic and professional profiles.
Graduates of the M.S. in Technology Innovation Management and Entrepreneurship program from RIT are well-prepared for leadership positions in the rapidly evolving tech industry, equipped with the skills to drive innovation and entrepreneurial success across a broad range of career paths.
Technology Entrepreneur: Graduates can pursue careers as technology entrepreneurs, starting and managing their own tech-focused businesses or startups. They gain the necessary skills in product development, market research, and business strategy to bring innovative ideas to market successfully.
Innovation Manager: Many graduates become innovation managers within established companies, where they lead efforts to develop new products, services, and technologies. They help organizations stay competitive by driving the commercialization of cutting-edge technologies and fostering a culture of innovation.
Product Manager: Product managers in tech companies are responsible for overseeing the development and lifecycle of technology products. Graduates can manage the product development process from ideation to launch, ensuring that products meet customer needs and align with business objectives.
Business Development Manager: Professionals in this role work to identify new business opportunities, establish partnerships, and create strategies to expand a company’s reach and profitability. Graduates use their entrepreneurial skills to build and sustain business relationships in technology sectors.
Venture Capital Analyst: Some graduates may pursue careers in venture capital, where they evaluate and invest in technology startups. Their background in technology innovation and entrepreneurship helps them assess the potential of emerging companies and technologies.
Corporate Strategy Analyst: Graduates can work in corporate strategy, helping large organizations develop long-term plans to leverage technological advancements. They provide insights into market trends, competitor analysis, and new technology adoption to drive business growth.
Technology Commercialization Specialist: These professionals are responsible for transferring innovations from research and development stages into commercially viable products or services. Graduates may work in research institutions, startups, or tech companies to facilitate the commercialization of new technologies.
Consultant in Innovation and Entrepreneurship: Many graduates pursue careers as consultants, advising businesses on how to enhance their innovation processes, streamline product development, and implement entrepreneurial strategies to foster growth and competitive advantage.
Project Manager in Technology Firms: Graduates may also become project managers, overseeing tech-related projects from inception to completion. They manage teams, budgets, timelines, and resources, ensuring that technology projects align with organizational goals and are delivered on time.
