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Illinois Institute of Technology Master of Science in Technological Entrepreneurship - STEM Designated
Illinois Institute of Technology

Master of Science in Technological Entrepreneurship - STEM Designated

Chicago, USA

2 Years


Full time

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USD 1,712 / per credit



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 hands-on experiences, such as internships, throughout your graduate education, as well as personalized guidance from a career adviser, academic mentor, and alumni coach.

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 provide opportunities to apply those skills in real time.

Why Illinois Tech is one of the best value universities in the country

As an Illinois Tech student, you’ll automatically be considered for our university’s generous institutional scholarships. On average, this adds up to a savings of $107,472 on tuition and housing for every student during your four years at Illinois Tech ($134,340 for five years, based on fall 2021 figures).

We’re committed to dramatically reducing the cost of your degree, so you can focus on learning at one of the most dynamic and innovation-driven universities in the country.

Want some more great reasons?

  • On top of our institutional scholarship, on average, Illinois Tech awards our students an additional $34,412 each in need-based tuition aid over four years ($43,015 for five years). (among FAFSA filers, fall 2021)
  • We’re the #44 Best Value School in the nation (U.S. News & World Report)
  • 98% of our students receive some form of financial aid
  • The mean starting salary of our undergraduates is $63,938

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