Master of Science in Technology Entrepreneurship Innovation


Generate. Validate.
Pitch your Tech Business Ideas


In this 22-month program, MTEI students are required to complete a total of 45 credit hours, consisting of 21 core course credits and 24 elective credits. For regular MTEI students, nine credits would ideally be earned through a startup internship or a capstone project. To be eligible for a startup internship, TOPIK IV or approximately 400 hours of Korean Language and a valid Korean tech startup internship offer will be needed. A capstone project is conditional on the student securing mentorship from a startup owner/manager who strongly supports the student's business concept. If the student is unable to do an internship or a capstone project, he/she will take the available elective courses to meet the necessary credit hours for graduation.

CREDITS 9 3 9 3 9 3 9
CORE Small Business Management* Field Study in korea New Venture Creation*
Entrepreneurial Finance* Strategy for Tech*
Marketing for Tech* Tech Entrepreneurship & Product Development*
ELECTIVES Elective Electives
(9 ~ 10 Credits)
Elective Internship for MTEI/Capstone Project for MTEI/Electives
Electives (5 ~ Credits)
EXTRACURRICULAR Korean Language (Approximately 400 hours)

* Students are strongly encouraged to complete an internship or a capstone project in the last semester. If they are unable to obtain an internship with a Korean startup or find an entrepreneur mentor for a capstone project, they can take electives to complete the necessary credit hours.

Core Courses

Core Courses Credits
Small Business Management ▼
This course is designed around three important themes. First, small business owners must understand the need to incorporate the use of technology and e-business as a way to gain a competitive advantage over larger rivals. Technology is omnipresent in today's business world. Small businesses must use it to their advantage. Hence, the course provides practical discussions and examples of how a small business can use these technologies without having extensive expertise or expenditures.
Second, small business owners need to understand how their decisions affect cash flow. As the lifeblood of all organizations, cash flow implications must be a factor in all business decision-making.
Third, small business owners need to clearly identify sources of customer value and bring that understanding to every decision. Decisions that do not add to customer value should be seriously reconsidered.
Entrepreneurial Finance ▼
This course is designed to inform founders, policymakers, support organizations, and key new-venture team members about key elements of new venture finance, while adopting a special focus on cash flows and private equity, from inception to IPO or acquisition. Topics include sources of capital (such as venture capital); business angels; CPCs and public fundraising activities; valuation; deal structuring; term sheets; issues related to management compensation; and types of harvest and their consequences for the new venture team and investors.
Marketing for Tech ▼
One key for the success of an entrepreneur is to obtain sales (revenue) and profits as quickly as possible upon launching the venture. Marketing for Tech course focuses on the essential elements of success to achieve these needed sales and revenues and to grow the company. The course builds on a comprehensive, state-of-the-art picture of entrepreneurial marketing issues, providing major theoretical and empirical evidence that offers a clear, concise view of entrepreneurial marketing. Through an international approach that combines both theoretical and empirical knowledge of entrepreneurship and marketing, this course informs and enhances the entrepreneurs' creativity, their ability to bring innovations to the market, and their willingness to face the risk that changes the world. Key components addressed include: identifying and selecting the market; determining the consumer needs cost-effectively; executing the basic elements of the marketing mix (product, price, distribution, and promotion); and competing successfully in the domestic and global markets through implementing a sound marketing plan. This course is also known as ‘marketing for small businesses’, ‘entrepreneurial marketing’, and ‘marketing guerilla’.
New Venture Creation ▼
This course is designed around two important sections. The first section covers six themes: defining your target industry; defining your target customers; defining the needs and wants of those customers; defining winning product and service solutions; carefully designing a strong business model; determining competitive positioning, and then testing the entire concept against a small population of target customers—all before writing the plan. Think, design, test, and learn are the guiding principles. The second section then focuses on different types of investors and the process for raising capital, creating realistic financial projections, writing a concise but powerful business plan, organizing the venture team, and creating a compelling pitch that speaks to the needs and concerns of investors. This course is also known as ‘business model generation and testing’.
Strategy for Tech ▼
The focus of the course is on the key concepts, models, and methods that enable managers to effectively manage the development and utilization of technologies. The goal is to develop an awareness of the range, scope, and complexity of the elements, issues, and problems related to economics and management of technology and technological innovations. Students will develop a better understanding of the complex issues surrounding the managerial tasks concerning technology. This course is also known as ‘strategic entrepreneurship’ and ‘entrepreneurship strategy’.
Tech Entrepreneurship & Product Development ▼
This course blends traditional development and entrepreneurship processes encouraging students to consider how technology-based solutions can solve economic and socially oriented problems. The course prepares also students for a more technological approach to product development together with an experience-based introduction into the process of starting a technology company. This course is also known as ‘product design and development’ and ‘design thinking’.
Field Study in Korea ▼
This course focuses on developing our students’ Global Perspective and Korean Expertise. Students must be aware of the impact of Korean Culture on managing in and across various business types and segments in the Korean Market. During this course, students will visit business sites to gain real experiences and try to solve business issues guided by hosting companies.

Elective Courses


For detailed information about the elective courses, download this course description file.pdf

Electives Credits Electives Credits
Accounting & Decision Making 3 Business Communication 3
Business Economics 3 Capstone Project for MTEI 3
Computer Programming with Python 3 Computer Programming with R 3
Consumer Behavior and Decision Making 3 Corporate Finance 3
Cybersecurity 3 Data Analytics for Business 3
Database Management 3 Database Marketing 3
Digital Business & Innovation 3 Doing Business in China 3
Doing Business in Korea 3 Financial Derivatives 3
Financial Management 3 Financial Markets and Institutions 3
Global Strategic Management 3 International Business in Asia 3
International Immersion 3 International Marketing 3
Internship for MTEI 9 Investment Analysis 3
Management Information Systems 3 Managerial Skills 3
Marketing Analytics 3 Marketing Communications and Advertising 3
Marketing for Tech 3 Marketing Management 3
Marketing Research 3 Marketing Strategy 3
Master’s Thesis 3 Mergers & Acquisitions 3
Pricing Analytics 3 Operations Management 3
Regression Analysis with R for Business 3 Project Management 3
Social Media and Digital Marketing 3 Software Engineering 3
Special Topics in Entrepreneurship 3 Special Topics In Finance 3
Special Topics in International Business 3 Special Topics in Marketing 3
Statistical Analysis 3 Strategic Management 3

Graduation Requirements

  • Complete 21 credit hours of core courses.
  • Complete 24 credit hours in electives, preferably including an internship or a capstone project, by the end of the fourth semester.
  • If a student is unable to obtain an internship or a capstone mentorship, the amount of credit hours needed must be met by the available electives.

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