Master of Science in Innovation Management and Entrepreneurship

Design and deliver pioneering products and services with the Master of Science in Innovation Management and Entrepreneurship in Temple University’s Fox School of Business. Entrepreneurs; junior- to mid-level professionals; graduates from engineering, science and technology degree programs; and more can learn to drive innovation within established or startup organizations. Students use creative problem-solving to overcome the strategic and tactical challenges that accompany visionary change.

Nurture your innovative ideas and grow them to success with the Innovation Management and Entrepreneurship MS. This master’s program teaches you to harness creativity and big-picture thinking to foster organizational growth and usher cutting-edge products and new ideas from conception to marketplace, providing better solutions to new or existing business requirements. Students are positioned for professional success by learning to

  • develop a critical eye for recognizing new ventures;
  • generate rule-breaking business models;
  • identify underserved or uncontested market spaces; and
  • rework internal processes to create competitive advantage.

World-class faculty and hands-on projects characterize this degree program. Graduate students benefit from active collaboration with classmates and faculty for an enriched educational experience.

Delivery Method

Headquartered at Temple University’s Center City campus, classes for this master’s degree are offered in person, online or through a hybrid of the two. Flexible scheduling allows you to customize your education, with in-person classes available on evenings and weekends. Full-time study typically allows students to complete the master’s degree in one year. Part-time study can be spread out over two years.

Who might be interested?

This program has great value for a wide variety of students, recent graduates and working professionals, including

  • entrepreneurs aiming to create high-growth, technology-focused companies or social-impact organizations;
  • junior, mid-level and top-tier leadership within companies interested in prioritizing innovation or pursuing new management paradigms;
  • design, architecture and art students interested in the business side of creativity; and
  • graduates or faculty in science and technology, engineering, medical, dental, or pharmaceutical programs seeking to gain complementary perspectives.

Coursework also prepares students to take the New Product Development Professional certification exam offered by the Product Development Management Association. Additionally, students may pursue certification as a Lean Six Sigma Green Belt from the International Association for Six Sigma Certification. The Green Belt certification demonstrates understanding of the advanced elements of Lean Six Sigma, a methodology designed to improve business success and efficiency.

Innovation and Entrepreneurship Institute

Fox’s Innovation and Entrepreneurship Institute emphasizes integrated, applied and hands-on learning, bringing together alumni, business advisors, entrepreneurs, faculty, staff and students from diverse backgrounds to collaborate on real-time projects and new ventures through classes, conferences and workshops. Learn more about the Innovation and Entrepreneurship Institute.

Picture of Todor Raykov

Todor Raykov

Venture Services Manager, NextFab

"To say that the [Innovation Management & Entrepreneurship] program opened many doors to me would be an understatement, because I wouldn't be where I am right now if it weren't for it and for the Innovation and Entrepreneurship Institute (IEI) at Temple. Thanks to a presentation hosted by IEI, I was able to connect with my current employer and embark on my journey from a small-scale entrepreneur to an accelerator manager and advisor to high-tech startups that have now raised millions of dollars and created opportunities for others."

A Fox professor steps in to show a student how something is done.

Classes & Curriculum

The Innovation Management and Entrepreneurship MS is a 30-credit program that can be completed over the course of three years. The program's location at Temple's Center City campus in Philadelphia provides students with access to the benefits of city life and connections to leading organizations.

Courses offered in this program include

  • Business Model Innovation;
  • Entrepreneurial Thinking and New Venture Creation;
  • Global Innovation Strategy: Creating Agile, Innovative, Globally-Competitive Organizations;
  • Management of Technology and Innovation; and
  • Plan, Pitch, and Fund an Entrepreneurial Start-Up.

See the full list of courses.

Related Graduate Certificates

Tuition & Fees

In keeping with Temple’s commitment to access and affordability, this Master of Science offers a competitive level of tuition with multiple opportunities for financial support.

Tuition rates are set annually by the university and are affected by multiple factors, including program degree level (undergraduate or graduate), course load (full- or part-time), in-state or out-of-state residency, and more. These tuition costs apply to the 2023–2024 academic year.

Pennsylvania resident: $1,165.00 per credit
Out-of-state: $1,165.00 per credit

Learn more about our tuition and fees.


Additional Program Information