June 20, 2010
June 20, 2010
June 23, 2010
Entrepreneurship & Engineering Innovation
15.856.1 - 15.856.12
Masters of Science in Technical Entrepreneurship And Management (TEAM)
The Master of Science in Technical Entrepreneurship and Management, or TEAM, degree program at the University of Rochester offers students the opportunity to immerse themselves in a technical concentration of their choice while receiving a strong foundation in entrepreneurial management. TEAM is designed for students with an undergraduate degree in engineering, science, or mathematics, who wish to pursue a master’s level technical education in combination with business, entrepreneurial management, and leadership courses.
The TEAM Master of Science program is offered jointly by the Simon Graduate School of Business and the Edmund A. Hajim School of Engineering and Applied Sciences and is administered by the University of Rochester Center for Entrepreneurship.
Students accepted into the TEAM program may choose any technical concentration, such as optics, energy and the environment, computer science, biomedical engineering, chemical engineering, electrical and computer engineering, materials sciences, or mechanical engineering. Students will simultaneously be taking courses at the Simon School and the Hajim School of Engineering.
The core of the TEAM program consists of three entrepreneurially focused business courses developed and offered by the Simon Graduate School of Business, three graduate level engineering courses offered by the Hajim School of Engineering and Applied Sciences, and either an additional technical or entrepreneurship elective. A required practicum accompanied by a written business plan and oral presentation ensures students have practical experience, while graduate level technical courses of the student's choosing serve to extend the student’s science and engineering background.
Technical Entrepreneurship and Management students have the unique option to choose an existing patented technology from the University’s Offices of Technology Transfer (OTT) and create a business plan for its commercialization. Students can compete for start-up funding in the University of Rochester’s Mark Ain Business Model Competition and apply for funding from angel investors and venture capital firms. Graduates of this program have the potential to launch their own businesses based on over 400 University of Rochester technology patents that are available for licensing.
The depth of knowledge provided by the TEAM curriculum creates well-rounded, business- savvy engineers and scientists who are prepared to take on both the technical and business challenges of any industry in a global world.
There are several outcomes and areas of success the program expects to achieve. First, we want to increase the number of businesses started by University of Rochester alumni will increase. We also hope these alumni choose to remain in the Rochester/Upstate NY area. These businesses
Moore, D. (2010, June), Masters Of Science In Technical Entrepreneurship And Management (Team) Paper presented at 2010 Annual Conference & Exposition, Louisville, Kentucky. https://peer.asee.org/16416
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