Carnegie Mellon University

Integrated Innovation Institute

Engineering + Design + Business

Integrated Innovation Institute

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 but challenging path to becoming a tech entrepreneur. We give you the tool kit to navigate starting your own business or launching a venture within a large corporation:

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

Academic Details

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. 

Program Location: Pittsburgh, PA & Mountain View, CA

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

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 curriculum page.

Eligible Dual Master's Programs

Featured Courses

Thinking Apple

Grand Innovation Challenge (49-850)

Learn to apply emerging technologies to solve societal problems. Identify opportunities and requirements for new products, conceptualize product solutions and develop proofs of concept. 

 

Pitch to Investors

Innovation & Entrepreneurship (49-802 & 49-803)

Recognize the challenges of creating and scaling a startup venture: Understand the roles of product and business development managers, prioritize deliverables to meet investor milestones and apply the skills needed to navigate a startup to its value creation phase.

Go to Market

Business Models and Strategy (49-854)

To succeed, entrepreneurs must create business models and roadmaps for execution. Learn how to develop an effective strategy for new ventures, despite tight time and financial considerations.

View Full Curriculum & Coursework

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 hosted by the Integrated Innovation Institute, in conjunction with the Swartz Center for Entrepreneurship. 

MSTV Admissions

Admissions for spring 2018 are now closed. For dual degree applicants interested in fall 2018 admissions, please review deadlines and requirements from our partner departments in the College of Engineering.

Questions?

Please contact admissions-iii@cmu.edu.

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

Academic Experience

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).

Work Experience

Some work experience preferred.

Tuition rates for the 2017-2018 academic year are as follows:

MS-TV (16 months): $69,000* + Summer Tuition: $479 per unit
MS-TV (Dual Degree): MS in Engineering: $46,000 + Summer Tuition: $480 per unit + $46,000*

*Estimated tuition for the 2018-2019 terms. Official tuition for the 2018-2019 academic year will be released in spring 2018.

Financial Aid & Other Costs of Attendance

For information on financial aid, housing, and insurance, visit our Prepare for Graduate School page.

Go to Prepare for Graduate School 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.