Entrepreneurship and Innovation MSENTP
Degree Awarded: MS in Entrepreneurship & Innovation (MSENTP)
Minimum Required Credits: 30.0
Co-op Option: None
Classification of Instructional Programs (CIP) code: 52.0701
Standard Occupational Classification (SOC) code: 11-1011
About the Program
The MS in Entrepreneurship and Innovation is designed for recent graduates and working professionals who want to develop the mindset, skills, and practical tools required to lead innovation in new ventures, established organizations, and impact-oriented or social enterprise contexts. Students learn how to identify opportunities, evaluate and develop ideas, design viable business models, and implement entrepreneurial solutions in uncertain and dynamic environments. Graduates build fluency in communicating, financing, and marketing new ideas while strengthening their ability to make ethical, strategic, and self-directed decisions.
Throughout the program, students deepen their ability to make sound entrepreneurial judgments in complex settings. They learn to approach entrepreneurship with ethical perspective-taking, recognizing stakeholder interests and the broader societal implications of entrepreneurial action. Students develop strategic thinking skills by learning how to create and implement plans that align innovation efforts with organizational objectives. Through structured ideation and evaluation processes, students strengthen opportunity recognition and learn to assess the feasibility and potential impact of new ideas using multiple methodologies. The program also emphasizes self-sufficiency, fostering the confidence and capabilities needed to take initiative and manage financial, operational, and managerial challenges in both new and existing markets.
Students learn through an applied, experiential approach that integrates theory with practice. Courses emphasize active learning through projects, case analysis, team-based problem solving, and iterative experimentation. Students work with tools such as design thinking, systems thinking, and innovation frameworks to move ideas from concept to execution. Collaboration with peers, faculty, and external partners allows students to translate classroom learning into actionable outcomes.
Graduates of the MS in Entrepreneurship and Innovation pursue a wide range of career pathways, including launching new ventures, leading innovation initiatives within organizations, working in startups, consulting, product and innovation management, and roles within social enterprises and impact-focused organizations. The program also supports professionals seeking to advance within their current organizations by strengthening entrepreneurial and intrapreneurial leadership capabilities.
The Drexel Advantage distinguishes this program through its strong emphasis on experiential learning, industry engagement, and an innovation-driven ecosystem. Students benefit from Drexel’s entrepreneurial culture, faculty expertise, and proximity to real-world opportunities, preparing them to lead with creativity, strategic insight, and entrepreneurial confidence in today’s evolving economy.
Additional Information
For more information about this program, please contact the Charles D. Close School of Entrepreneurship
Degree Requirements
| Degree Requirements | ||
| ENTP 5501 | Entrepreneurship Practice and Mindset | 3.0 |
| ENTP 5540 | Startup Business Models | 3.0 |
| ENTP 6515 | Pitch It! | 3.0 |
| ENTP 6611 | Learning from Failure | 3.0 |
| ENTP 6621 | Innovation and Ideation | 3.0 |
| ENTP 6631 | Building Internal and External Relationships | 3.0 |
| ENTP 6660 | Early-Stage Venture Funding | 3.0 |
| Entrepreneurship & Innovation Electives | ||
| Select six (6) credits from the following: | 6.0 | |
| Social Entrepreneurship | ||
| International Entrepreneurship | ||
| Entrepreneurship in Education | ||
| Social and Sustainable Innovation | ||
| Innovation in Established Companies | ||
| Leading New Ventures | ||
| Life After Launch | ||
| The Startup Way: How to Drive Innovation in Entrepreneurial Companies | ||
| Experiential Capstone | ||
| ENTP 7690 | The Lean Launch | 3.0 |
| Total Credits | 30.0 | |
Program Learning Outcomes
- Ethical Decision Making: Understand the importance of ethical perspective-taking associated with the process and practice of entrepreneurship.
- Devising Strategy: Understand the process of creating and implementing a strategic plan associated with the process and practice of entrepreneurship.
- Opportunity Recognition: Understand the entrepreneurial process of ideation and evaluation and apply different methodologies to leverage a viable idea.
- Self Sufficiency: Demonstrate the ability to take self-directed actions and develop behaviors that enable financial, operational, and managerial independence in a new or existing market.
