Entrepreneurship and Innovation, MS
Angel Investor, Communication, Enterprise, Incubator, Interdisciplinary, Startups, Strategy, Venture Development, approved for STEM-OPT extension, commerce, leadership, marketing
This program's name has changed effective Fall 2024. The previous name was Innovation and Venture Development.
Do you want to step into your own future? In this one-year program, you will launch your own venture while earning a STEM degree. Start your new venture this fall.
The MS program in entrepreneurship and innovation integrates the most advanced practices and technologies from business, engineering and design in a transdisciplinary, experience-based program that prepares the next generation of leaders with skills needed for launching successful ventures in any industry or sector, inside existing organizations or as new entities.
Graduates are prepared to lead cross-disciplinary teams in a world of growing uncertainty and ambiguity. They can identify needs and evaluate opportunities, generating insights from real-world problems; innovate solutions; and create and launch scalable business models that provide value to all stakeholders. Founders with this entrepreneurship and innovation degree from ASU can define a new standard for venture development.
This program may be eligible for an Optional Practical Training extension for up to 36 months. This OPT work authorization term may help international students gain skills and experience in the U.S. Those interested in an OPT extension should review ASU degrees that qualify for the STEM-OPT extension at ASU's International Students and Scholars Center website.
The OPT extension only applies to students on an F-1 visa and does not apply to students completing the degree through ASU Online.
- College/school:
Herberger Institute for Design and the Arts
Ira A. Fulton Schools of Engineering
W. P. Carey School of Business
- Location: Tempe
Acceptance to the graduate program requires a separate application. 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.
30 credit hours including the required capstone course (IVD 661)
Required Core (18 credit hours) Electives or Research (6 credit hours) Culminating Experience (6 credit hours) Additional Curriculum Information
IVD 525 Fundamentals of Entrepreneurial Leadership (3)
IVD 560 Innovation Studio I: Discovery and Insight (3)
IVD 561 Innovation Studio II: Problem Reframing (3)
IVD 562 Innovation Studio III: Explore, Fail, Solve (3)
IVD 630 Scaling Entrepreneurial Leadership (3)
IVD 660 Innovation Studio IV: Business Model (3)
IVD 661 Innovation Studio V: Scale (6)
Students should see the academic unit for a list of approved elective coursework.
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 are eligible to apply to the program if they 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 applicants must have a minimum cumulative GPA of 3.00 (scale is 4.00 = "A") in an applicable master's degree program.
Applicants are required to submit:
- graduate admission application and application fee
- official transcripts
- professional resume
- written statement
- proof of English proficiency
Additional Application Information
An applicant whose native language is not English must provide proof of English proficiency regardless of their current residency.
The applicant's written statement should describe an instance from the professional background outlining the applicant's use of innovation and entrepreneurial experience.
| Session | Modality | Deadline | Type |
|---|---|---|---|
| Session A/C | In Person | 06/01 | Final |
| Session A/C | In Person | 01/15 | Priority |
Career opportunities include:
- chief innovation officer
- creative developer
- director of engineering
- founder or CEO
- innovation manager
- management consultant
- marketing director
- product developer
Dean, Herberger Institute for Design and the Arts
and
W. P. Carey School of Business
and
Ira A. Fulton Schools of Engineering
|
CDN 162
msivd@asu.edu
480-965-3536
3 year programs
These programs allow students to fast-track their studies after admission and earn a bachelor's degree in three years or fewer while participating in the same high-quality educational experience of a 4-year option. Students should talk to their academic advisor to get started.
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. Acceptance to the graduate program requires a separate application. 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.
