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Corporate Innovation (MPCI)   

Program Title and Classification

Corporate Innovation

Graduate Degree Program

College: Engineering

Abstract

The Master of Professional Studies in Corporate Innovation (MPS-CI) prepares graduates to apply newly gained insights and acquired competencies to real-world innovation management challenges, enabling students to navigate the innovation value chain from idea generation to product development and commercialization. MPS-CI is offered through an online learning environment within a 12-week calendar format benefitting working professionals with flexibility, convenience, and accessibility. 

 

MPS-CI’s curriculum delivers an incubator experience grounded in sound theory and rigorous analysis associated with high quality graduate education. The program offers a continuum of new venture creation within established companies and large organizations, including iterating ideas, testing business models, and launching high-potential ventures.

 

MPS-CI is a 30-credit, 10-course graduate program that may be completed in 15 months by enrolling in two 3-credit courses over the course of five 12-week terms. Students are admitted as a cohort and follow the plan of study as outlined below.

 

The MPS-CI prepares students to:

 

  • Think beyond current paradigms in order to discover innovation needs and envision impact through strategic idea and concept development (Term 1).
  • Leverage their ideas for new corporate ventures to create sustainable business models aligned with customer needs and wants in competitive marketplaces (Term 2).
  • Understand the value of data collection and analysis for decision making, and how to translate product and service ideas into marketable solutions (Term 3).
  • Understand how to manage commercialization challenges efficiently and effectively through negotiations and problem solving (Term 4).
  • Understand how to lead the creation and launch of corporate ventures through appropriate business development, risk management, financing, and value extraction strategies (Term 5).

Admissions Information

General Requirements:

 

Program Specific Requirements: 

  • CV/Resume

 

*Visa Eligibility: This program is not eligible for I-20 or DS-2019 issuance by the University of Maryland. 

For more admissions information or to apply to the program, please visit our Graduate School website: www.gradschool.umd.edu/admissions

Application Deadlines

Type of Applicant FallSpring
Domestic Applicants:
US Citizens and Permanent Residents
N/A15 Dec
International Applicants:
F (student) or J (exchange visitor) visas
A,E,G,H,I and L visas and immigrants.
N/A15 Dec


Other Deadlines: Please visit the program website at http://www.oes.umd.edu/graduates-post-baccalaureates-professionals/professional-graduate-programs/corporate-innovation

Degree Requirements

Master of Professional Studies (M.P.S.)

Total CreditsCore Requirements

30 credits required

ENES 662: Innovative Ideas and Concept Development (3 credits)

ENES 663: Strategies for Managing Innovation (3 credits)

ENES 664: Business Modeling and Customer Validation (3 credits)

ENES 665: Innovative Thinking (3 credits)

Data Analysis and Decision Making (3 credits)

Managing Product Development and Production (3 credits)

Marketing and Selling Innovations (3 credits)

Negotiating and Problem Solving (3 credits)

Financing Innovation and Growth (3 credits)

Building and Leading Innovative Organizations (3 credits)

 

 

Contact Statement

For more information, please contact the program at mtecheducation@umd.edu.

Website

http://www.oes.umd.edu/graduates-post-baccalaureates-professionals/professional-graduate-programs/corporate-innovation

Contacts

Office of Extended Studies

0132 Main Administration Building

University of Maryland

College Park MD, 20742

Telephone: 301-405-7762

oes@umd.edu

 

Associated Information

Courses

ENES

Keywords

entrepreneur, entrepreneurship, innovation, strategies, strategic, business modeling, customer validation, data analysis, product development, negotiation, marketing, financing, leading, leadership, corporate, industry, organization

Relationships

Technology Entrepreneurship (MPTE)

Technology Entrepreneurship (Z103)