Entrepreneurship and Innovation

The Entrepreneurship and Innovation MBA encourages you to lead technology commercialization efforts inside of your company, come up with innovative business ideas, generate new sources of enterprise, and create new jobs. You will acquire the skills you need and meet an entirely new network of classmates, professors and alumni who will be your future advisors, mentors and investors, and business partners.

 

Part-time MBA students entering the program prior to Spring 2025 may follow either the pre-spring 2025 concentration or the current concentration.

Rutgers STEM MBA

Students can now earn a STEM MBA. To qualify, students must take a minimum of half of their credits in STEM-designated courses (25-30 credits). The Core Curriculum provides 9 STEM credits. Please use the STEM Link below to view all STEM courses.

CONCENTRATION REQUIREMENTS

Full-Time MBA: 15 credits 
Required Courses3 Credits 
Electives 12 Credits 
Part-Time MBA Primary Concentration: 12 credits
Required Courses 3 Credits 
Electives 9 credits 
Part-Time MBA Secondary Concentration: 9 credits 
Required Courses 3 Credits 
Electives 6 Credits 

REQUIRED COURSE

Course #Course NameCredit(s)STEM (Y/N)
22:620:654Managing Growing Ventures3N

 ELECTIVES

*Note: 22:620:672- Urban Entrepreneurship & Economic Development can fulfill the "Integrative Course Requirement" within the MBA curriculum. If a student uses it to fulfill the Integrative Course Requirement, it cannot be used towards the Entrepreneurship concentration. Double counting is not permitted.

COURSE DESCRIPTIONS

 

22:620:601 - Management of Innovation and Technology

Examines a variety of problems in the management of science and technology with emphasis on the strategic management of technology. Topics include integration of business strategy with technology, the product development process, manufacturing/process technologies, time to market, technology-based strategic alliances, and technology venture development. Case studies will be used extensively. Should be of interest to people working or intending to work in any functional area in an organization which develops or uses new technology-based products or services.

 Prerequisite: Organizational Behavior (22:620:540)

22:620:617 - Negotiations

Provides an introduction to the principles, practice, and processes of negotiations as a management skill with bosses, subordinates, peers, clients, and customers. Discussion of the preparation and planning for negotiation, the strategy and tactics of negotiation, issues regarding both distributive and integrative bargaining, and ethics in negotiation.

22:620:624 - Opportunity Identification and Evaluation

This course will take students through the process of identifying an opportunity and building an organization to take advantage of it. Topics to be covered: opportunity assessment, value propositions, market assessment, strategic assessment, organizational structures, business model development, and feasibility studies. The final deliverable will be a clearly defined product/service, a defined target market and a business model for a proposed startup company.

22:553:670 - Global Experience

22:620:672 - Urban Entrepreneurship & Economic Development

This course is designed for students who exhibit high degrees of self-direction and significant interest in urban issues, entrepreneurship, and/or economic development. Students will be challenged to work individually and in teams on projects, reports, and research at the intersection of business, community development, new venture creation, urban policy, and economic development.

The course will explore the many dimensions of urban entrepreneurship and economic development through an exploration of the business and policy issues, the use of action research methods and the development and completion of consulting projects. The location of the course in Newark provides a unique opportunity to have the city become a laboratory for student education in the areas of urban entrepreneurship and economic development.  Students in this course will be directly involved in the economic development initiatives of Rutgers-Newark and The Center for Urban Entrepreneurship & Economic Development.

22:620:685 - Collaborative for Technology Entrepreneurship & Commercialization

The Collaborative for Technology Entrepreneurship and Commercialization (CTEC) is a unique, interdisciplinary and experiential learning initiative at Rutgers, designed like some famous business accelerators. Graduate Students in RBS, SOE, Medical School, and Pharmacy School become co-founders and executives to master the skills necessary for entrepreneurship and technology commercialization. CTEC provides two courses that focus on translating cutting-edge technology into business ventures. Students, faculty, inventors and executive mentors collaborate to learn how to launch real startups and acquire small businesses (entrepreneurship through acquisition). Learn how to develop business models, raise venture capital, lead as entrepreneurs or intrapreneurs (corporate), invest, consult, and serve on Advisory Boards.

22:620:687 - Business Models to Launch

This is the course where students will complete the journey from idea to business plan and pitch. Topics covered: voice of the customer, opportunity validation, strategy and partnership development, pro forma financials, investor pitch and business plan. This course is applicable for all the projects coming from both Opportunity Identification and Evaluation and Technology Entrepreneurship and Commercialization. This is possible because the projects, whether they start from an observed opportunity in the market or market potential of products derived from technical breakthroughs, are at the same stage of development by the end of the first course and follow similar paths for strategy development and business plan writing.

22:xxx:xxx - Special Topic: Leading with AI: Strategies for Business Management