WEST HAVEN UNIVERSITY

Master of Science in Innovation and Entrepreneurship (MSIE)

Master's degree 2 years

Program overview

The MSIE is a dynamic graduate program designed for aspiring entrepreneurs and innovators who want to launch new ventures or drive innovation within existing organizations. This program blends rigorous academic coursework in business strategy, finance, and marketing with hands-on, experiential learning. Students learn to identify market opportunities, develop business models, secure funding, build prototypes, and lead innovative teams.

The MSIE program empowers students to become innovative leaders and entrepreneurs, blending skills in creativity, business strategy, venture creation, technology innovation, and leadership. Graduates will be prepared to launch startups, lead intrapreneurial initiatives within organizations, and drive sustainable business growth in a rapidly evolving global economy.

Program highlights

2 years
Duration
36
Credits
0
Certifications
4
Career paths

What makes our program unique

Entrepreneurial foundation

Strong focus on design thinking, finance, and global strategy

Flexible concentrations

Technology Innovation, Social Entrepreneurship, or Corporate Innovation

Applied learning

Capstone Startup Launch/Innovation Lab ensures practical implementation of ideas

Learning outcomes

  • Systematically identify, assess, and validate market opportunities for new products, services, and business models
  • Create a robust and viable business plan, including financial projections, and effectively pitch it to potential investors, partners, and stakeholders
  • Apply design thinking, lean startup, and agile methodologies to develop, test, and iterate on innovative ideas quickly and efficiently
  • Navigate the financial aspects of a venture, including bootstrapping, venture capital, angel investing, and other funding mechanisms
  • Build, manage, and lead cross-functional teams within a culture of creativity, experimentation, and calculated risk-taking

Program curriculum

Our comprehensive curriculum is structured into different blocks. Each block combines theoretical foundations and practical applications:

Core courses

Code Course title Credits Type
IE 501 Foundations of Innovation & Entrepreneurship 3 Core
IE 502 Creativity, Design Thinking & Ideation 3 Core
IE 504 Entrepreneurial Finance & Venture Capital 3 Core
IE 505 Innovation Ethics, Policy & Sustainability 3 Core
Credits required: 15

Advanced core

Code Course title Credits Type
IE 511 Technology Innovation & Digital Transformation 3 Core
IE 512 Global Entrepreneurship & Emerging Markets 3 Core
IE 513 Capstone Project: Startup Launch / Innovation Lab 3 Core
Credits required: 9

Concentration tracks

Choose one: 12 credits

Code Course title Credits Type
IE 620 Product Development & Rapid Prototyping 3 Elective
IE 621 Innovation in AI, Blockchain & Emerging Tech 3 Elective
IE 622 Intellectual Property, Patents & Innovation Law 3 Elective
IE 623 Scaling Tech Startups 3 Elective
IE 630 Social Innovation & Nonprofit Entrepreneurship 3 Elective
IE 631 Sustainability, Circular Economy & Green Ventures 3 Elective
IE 632 Impact Investing & Social Finance 3 Elective
IE 633 Policy, Governance & Social Change 3 Elective
IE 640 Corporate Innovation Strategy 3 Elective
IE 641 Intrapreneurship & Change management 3 Elective
IE 642 Strategic Leadership & Organizational Innovation 3 Elective
IE 643 Innovation Management in Global Corporations 3 Elective
Credits required: 12

Program summary

Component Credits
Core courses 15
Advanced core 9
Concentration tracks 12
Total credits: 36

Career opportunities

Graduates of this program have pursued various rewarding career paths:

Startup Founder

Avg. Salary: $0 - $100,000+

Identify a market need and build a company from the ground up, responsible for all aspects of strategy, product development, fundraising, and operations

Innovation Manager

Avg. Salary: $95,000 - $125,000

Work within a large corporation to lead internal innovation programs, manage R&D projects, and develop new business units or product lines

Venture Capital Analyst / Associate

Avg. Salary: $80,000 - $120,000

Analyze market trends, source potential investment opportunities, perform due diligence on startups, and support portfolio companies for a venture capital firm

Social Entrepreneur

Avg. Salary: $60,000 - $90,000

Found or lead mission-driven organizations that use business principles to solve social, cultural, or environmental challenges

Admission requirements

To be considered for admission, applicants must meet the following requirements:

  • Bachelor's degree in Business, Engineering, Computer Science, Arts or Social Sciences