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Nov 21, 2024
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School of Graduate Studies Calendar, 2022-2023 [-ARCHIVED CALENDAR-]
Technology Entrepreneurship and Innovation, M.T.E.I.
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The Master of Technology Entrepreneurship and Innovation is a fast-paced program that will provide new and seasoned engineering professionals with the modern skills and insights needed to confidently bring technology innovation to market. Successful graduates receive the MTech degree.
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Admission
While students in the Technology Entrepreneurship and Innovation program are not expected to have any engineering or scientific background, they are expected to embrace creativity and innovation. Some basic familiarity with technology is expected, but the required technological depth will depend on the project itself and will be evaluated on a case-by-case basis. Considerable emphasis will be placed on team-based experiential learning in which all members of the team will learn from each other as they complete the project.
Applications for admission will be made directly through the W Booth School of Engineering Practice and Technology. In addition to the general requirements for entry into a graduate program in Engineering, candidates applying to the Master of Technology Entrepreneurship and Innovation program must hold an Honours Bachelor’s degree from any discipline, with at least a B- average (equivalent to a McMaster 7.0 GPA out of 12) students in the final year in all courses in the discipline, or relating to the discipline, in which the applicant proposes to do graduate work.
The program is intended for full time students and the nominal program duration is 16 months.
Courses
Students in the MTEI program must complete 10 courses (30 units).
- 7 core courses (21 units)
- 2 technical electives (6 units)
- 1 cross-disciplinary elective (3 units
The core program consists of seven mandatory 3-unit courses:
Technical Electives
All students in the Master of Technology Entrepreneurship and Innovation must complete 6 units of elective courses. Students may choose any course in the Faculty of Engineering as an elective.
Students with an exceptional entrepreneurship project may obtain permission from the Program Lead to complete the following courses towards 3 units of their elective requirements.
SEP 795 / Entrepreneurship Project
Cross-Disciplinary Elective Course
All students in the Master of Technology Entrepreneurship and Innovation program are required to complete one half course (3 units) which should be selected from the following approved cross-disciplinary elective list.
Innovation and Entrepreneurship Projects
An essential element in the MEEI/MTEI program is an Innovation project (SEP 794 ). Building on key concepts and outcomes of the core course progression, students will work in groups to develop market-aligned and technologically innovative new venture concepts. The project can be derived from several important sources:
- Inventions and intellectual property developed by McMaster researchers
- Innovation initiatives from sponsoring organizations from the community
- Original concepts or inventions from students.
The project will allow students to experience the full cycle modern engineering and technology innovation including:
- Assessing and characterizing markets and technology spaces
- Developing high and unique value propositions for promising technologies
- Thorough market research, competitive research, and IP management
- Proof of Concept and Minimum viable product definitions
- Framing a promising new business with either entrepreneurial or intrapreneurial intent
- Essential financial and operational models for new ventures
Through the program, student groups who exhibit exceptional potential, through either the SEP 794 / Engineering Innovation Project course or other course activities, may be approved to take the elective SEP 795 / Entrepreneurship Project course elective. This intensive course provides an immersive opportunity for the project team to convert their project concepts into viable ventures that will be ready for either incubation via McMaster’s Forge organization or to enter global pitch competitions. Key activities of this process include:
- Rigorous proof of concept in business concept and critical technical elements.
- Detailed, credible operational, financial, and marketing plans suitable for a new venture launch.
- Intensive pitch preparations for competitions and even investment discussions with external parties.
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