Carnegie Mellon University

Integrated Innovation Institute

Engineering + Design + Business

Carnegie Mellon University Integrated Innovation Institute Logo

The Integrated Innovation Institute will no longer be admitting and enrolling new students to the Master of Science in Technology Ventures (MSTV) program in Silicon Valley after Spring semester 2022. Students already admitted and enrolled in the MSTV program during or before Spring semester 2022 will remain eligible to complete their degree requirements at the Silicon Valley campus through Spring semester 2023. 

tbd

Launch What's Next

The Master of Science in Technology Ventures (MSTV) degree teaches technologists to launch ventures that solve society’s biggest challenges. Approach problems like an entrepreneur, expand your expertise in emerging technologies and launch an innovative career in Silicon Valley or worldwide.

Innovators and entrepreneurs will play a crucial role in solving the hardest problems facing the 21st century. Through the MSTV coursework, you will develop a formal process for innovation in order to solve these problems, applying technical knowledge and business skills to successfully launch products that change the world. 

Venture on a New Career Path

The MSTV program supports you on the exciting and challenging path to becoming a tech entrepreneur. We teach you the skills to start your own business or launch a venture within a large corporation:

Entrepreneurship
Intrapraneurship (Corporate Innovation)
New Venture Strategy & Management
High-tech Product Design & Development
New Product Commercialization

Academic Details

Program Location: Pittsburgh, PA & Mountain View, CA

The MSTV program brings you the best of Carnegie Mellon, from coast-to-coast. Experience world-class technology academics coupled with unique access to the world’s most exciting tech ecosystem. 

The MSTV degree is 16 months, with distinct phases at Carnegie Mellon's campuses in Pittsburgh and Silicon Valley.

Go to MSTV's Curriculum page

Degree Structure - Pittsburgh Phase

Embrace Technology

Spring

Enrich your background in applied technologies through cutting-edge coursework from the College of Engineering.

Degree Structure - Silicon Valley Phase

Connect to the Valley

Summer internship

Commence your Silicon Valley experience by interning at a startup.

Get Entrepreneurial

Fall

Apply lessons from your internship to your entrepreneurial coursework, taught by our world-class, networked faculty at Carnegie Mellon’s Silicon Valley campus.

Build Your Business

Spring

Finesse your business and technical acumen through additional coursework. If you have an idea for a venture, continue to develop and structure your idea.

Earn a Dual Degree

You can also earn a master’s degree from one of our partner departments in the College of Engineering, graduating with two degrees in 20 months. 

To complete the dual degree program, join us at Carnegie Mellon a semester early, beginning your coursework in the fall instead of spring. Your engineering-based curriculum requirements will depend on the dual master's program you choose. Review sample coursework options on our MSTV Dual-Degree Options page.

Eligible Dual Master's Programs

Launch Your High-Tech Venture

As a graduate of the MSTV degree, you will be uniquely positioned to launch your first venture through Carnegie Mellon’s pre-incubator program, VentureBridge. Receive mentorship and support as you turn your startup into a reality, completing the program with a validated proof of concept and strategy for acquiring customers.

Open exclusively to CMU students and alumni, the VentureBridge program is based at CMU's Silicon Valley campus and hosted by the Swartz Center for Entrepreneurship. 

Explore MSTV Career Destinations

MSTV Admissions

Learn about the admissions requirements and guidelines.

Applications for 2022

To be considered, you must submit the online application and all supplemental materials before the deadline:

Degree Program

Start Term

Applications Open

Deadline (Applications Close)

M.S. Technology Ventures

Spring 2022

July 1, 2021

September 15, 2021

Am I a Good Fit?

Applicants should have experience and/or interest in entrepreneurship and start up ventures. Experience can be from industry or academia:

Undergraduate degree in a technical engineering discipline (Examples include: Biomedical Engineering, Chemical Engineering, Civil & Environmental Engineering, Electrical & Computer Engineering, Material Sciences and/or Mechanical Engineering)

The ideal candidate will hold a minimum cumulative GPA of 3.0 or equivalent from an accredited institution (Accreditation Board for Engineering and Technology, Inc., Higher Learning Commission or U.S. Dept. of Education).

Some work experience preferred.

Tuition & Financial Aid

Tuition Rates: 2022-2023

Program Tuition
MSTV Direct

$80,321
3 Academic Terms: $78,150
Summer 2022 Term: $2,171

MSTV Dual Degrees @ CMU
MSTV Dual @ CMU: Year One M.S. in Engineering (Fall/Spring) $52,100
MSTV Dual @ CMU: Year Two at Silicon Valley Campus (including Summer 2022)

$54,271
2 Academic Terms: $52,100* 
Summer 2022 Term: $2,171

MSTV Dual Degree @ Strathclyde
MSTV Dual @ Strathclyde: Year One at Silicon Valley Campus (including Summer 2022)

$52,188
2 Academic Terms: $50,100 
Summer 2022 Term: $2,088

MSTV Dual @Strathclyde: Year Two at University of Strathclyde

Design Engineering
Digital Manufacturing
Systems Eng. Management

For more information, visit CMU's Student Financial Services website.

Financial Aid & Other Costs of Attendance

For information on financial aid, housing, and health insurance, visit our Cost of Attendance page.

What's New in MSTV

Luke Miller at SRI

Luke Miller, MSTV '18

This summer, Luke Miller (MSTV '18) interned at SRI International's Ventures team and learned how to commercialize high-tech research.

Root

Sheryl Root, MSTV Program Director

Before coming to CMU, Sheryl spent more than 20 years working in business strategy for large enterprises, including Hewlett-Packard. She also serves as a board member of Women in Technology International (WITI) and was inducted in to their Hall of Fame in 2015 for her work supporting female entrepreneurs and tech leaders.

Evans

Stuart Evans, Distinguished Service Professor & iLab Director

Stuart teaches many of MSTV's entrepreneurial courses at CMU Silicon Valley. For the final of his Commercializing IP course, he brings students to local venture capitalist board rooms to pitch their ideas for high-tech ventures.