We interviewed technology entrepreneurs prior to designing our new Master of Entrepreneurship (MsE) program. Most of them had started working on their ventures without enrolling in courses or pursuing business degrees. While they eventually learned by trial and error, many false starts and redirections could have been avoided with a more complete understanding of start-up dynamics. The curriculum they needed did not exist, the comprehensive skill set they required was not available in college classrooms. That is why the MsE program is necessary. By understanding the principles underlying venture start-ups and small-scale businesses, many errors can be avoided, shortening the "school of hard knocks" into an accelerated track to an entrepreneurial life.
Student entrepreneurs who understand the fundamental principles underlying technology translation are prepared not just for their first launch, but for a future rich with new ventures.
The difference at Michigan is the faculty. Great faculty and great students together are stronger than either in isolation. Those who say "this can't be taught" are really saying "this hasn't been taught." The University of Michigan's MsE program changes that by offering students a world-class education in technology entrepreneurship.
Information sessions will be scheduled beginning in September, 2014.