The University of Maryland, College Park, has announced a new master's degree program that will focus on technology entrepreneurship — and, appropriately, it will be offered online.
The program will be part of the university's Maryland Technology Enterprise Institute (Mtech), and enrollees will have access to the institute's Technology Advancement and Venture Accelerator programs in addition to their online curriculum.
Counting founders of Google, Squarespace and SiriusXM Radio among its alumni, the university is looking to aid in the incubation of further business success stories.
"While a master's degree is not a prerequisite for entrepreneurial success, the knowledge gained from award-winning faculty with real startup experience surely beats the expense and frustration of learning by trial and error," notes the university's site for the program.
The curriculum comprises 10 courses, ranging from esoteric offerings, such as "Innovative Thinking," to concrete entrepreneurial challenges, such as "Financial Management and New Venture Financing."
"As a pioneer in online education and new venture creation, the University of Maryland is empowering the next generation of technology entrepreneurs through this innovative master's program," James V. Green, Mtech's director of entrepreneurship said in a press release.
The University of Maryland already rests in the upper tier of entrepreneurship programs for both undergrad and graduate students, according to the latest evaluation by the Princeton Review; the successful launch of a tech-focused entrepreneurship program would only boost the university’s ranking.
The program, which will debut this September, runs for 15 months, and the tuition is $19,500. Applications are currently being accepted by UMD.