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Graduate students of Close School of Entrepreneurship explore the customer journey during class

Master of Science in Entrepreneurship and Innovation

Build the skills to launch, innovate and lead.

The MS in Entrepreneurship and Innovation, housed in the Charles D. Close School of Entrepreneurship, prepares you to turn ideas into action, whether you want to launch a venture, drive innovation within an organization, or create change through a social enterprise. Through applied learning, you’ll develop the skills to identify and evaluate opportunities, build viable business models and navigate the strategic, financial and operational decisions involved in bringing new ideas to life.

#4

Graduate Entrepreneurship Program, Mid-Atlantic Region

The Princeton Review, 2026

$50 Million

Funding Raised by Close School Alumni Companies

Why Study Entrepreneurship and Innovation at Drexel LeBow?

Through experiential learning, industry engagement and an innovation-driven ecosystem, Drexel’s MS in Entrepreneurship and Innovation connects you with the people, perspectives and opportunities that support entrepreneurial growth. You’ll benefit from Drexel’s entrepreneurial culture and faculty expertise while building the creativity, strategic insight and confidence to lead innovation.

Turn Ideas Into Action

Learn to identify promising opportunities, evaluate their feasibility and potential impact and use approaches such as design thinking, systems thinking and iterative experimentation to move ideas from concept toward execution.

Access to our Startup Incubator

Benefit from a vibrant ecosystem that includes mentorship, funding, networking events and more through the Laurence A. Baiada Institute for Entrepreneurship, the Close School’s hub of experiential learning.

Learn From Seasoned Entrepreneurs

With deep experience as founders, entrepreneurs, intrapreneurs and thought leaders, the Close School faculty brings real-world perspective into the classroom.

Applicable Across Disciplines

No matter your field, entrepreneurial thinking gives you a competitive edge. This degree strengthens your ability to lead, solve problems and drive innovation — power skills that add value in every career path.

Who Should Apply?

This program is designed for aspiring entrepreneurs who want to lead innovation and create meaningful change.

This program may be a good fit for:

  • An aspiring founder looking to develop and launch a new business venture
  • A current or future leader responsible for driving growth and innovation in a mid-size or large organization across industries
  • Ambitious students eager to apply entrepreneurial thinking and innovation across industries like healthcare, technology, education, product design, and more
  • A mission-driven changemaker who believes in their vision and needs the skills to build support and lead innovation from within
Program Format

Fully Online

Enrollment

Part-Time

Program Length

24 months

Semester Credits

30

Inside the MS in Entrepreneurship and Innovation Curriculum

The MS in Entrepreneurship and Innovation curriculum takes an applied approach to developing, evaluating, and implementing new ideas. You’ll learn to recognize opportunities, assess their feasibility and potential impact, and create strategies that align innovation with organizational goals. Coursework also considers the ethical, financial, operational and managerial dimensions of entrepreneurship.

Through projects, case analysis, team-based problem solving and iterative experimentation, you’ll put entrepreneurial concepts into practice. You’ll use approaches such as design thinking, systems thinking and innovation frameworks to develop ideas and move them from concept toward execution.

You’ll graduate with skills in:

  • Ethical Decision Making: Understand the importance of ethical perspective-taking associated with the process and practice of entrepreneurship.
  • Devising Strategy: Understand the process of creating and implementing a strategic plan associated with the process and practice of entrepreneurship.
  • Opportunity Recognition: Understand the entrepreneurial process of ideation and evaluation and apply different methodologies to leverage a viable idea.
  • Self-Sufficiency: Demonstrate the ability to take self-directed actions and develop behaviors that enable financial, operational, and managerial independence in a new or existing market.

View a sample plan of study

Note: In Fall 2027, Drexel University will transition from a quarter-based academic calendar to semesters as part of its broader Academic Transformation.

  • Spring 2027: Students will begin under the quarter-based calendar and 2026-27 academic requirements before moving to semesters. Students will receive program-specific guidance and support throughout the transition.
  • Fall 2027 and Later: Students will follow Drexel’s new semester calendar and updated program requirements. Explore the 2027-28 course catalog preview.

Have questions about how Academic Transformation may affect you? Connect with our Graduate Enrollment Team!

Doug Ulrich, MS in Entrepreneurship and Innovation '25

Taking what I learned from my peers, the faculty and the coursework, I was able to embed those entrepreneurial frameworks directly into my daily workflows. We successfully grew our social media engagement by 10 percent in less than a year.

Doug Ulrich ’25

Founder and Chief Content Creator

ChaseU

Watch Doug's story

Learning Through Experience

Experiential learning is woven throughout every LeBow graduate program. You’ll apply classroom concepts through hands-on projects, learn from faculty with industry expertise and engage with opportunities that connect your studies to professional practice.

From residencies to industry consulting and business simulations, students gain insider knowledge and influential networks in real-world business environments.

Discover how the Close School of Entrepreneurship empowers Drexel students with the mindset, skills and resources to launch and lead ventures in any field.

The Baiada Institute translates the Close School's ground-breaking curricula into disruptive ideas and breakout companies led by Drexel students.

93%

Master's/MBA students employed

One year out, LeBow's class of 2025

96%

Overall job satisfaction of alumni working full time

One year out, LeBow's class of 2025

MS in Entrepreneurship and Innovation Career Outcomes

Graduates of the MS in Entrepreneurship and Innovation pursue a wide range of career pathways and can apply entrepreneurial and innovation skills across new ventures, established organizations, and mission-driven enterprises. Depending on their professional goals and experience, career pathways may include:

  • Launching and growing new ventures
  • Leading innovation initiatives within established organizations
  • Working in startups
  • Consulting
  • Product and innovation management
  • Working with social enterprises and impact-focused organizations

Explore entrepreneurship career opportunties

Common Questions About the MS in Entrepreneurship and Innovation
What resources are available to entrepreneurship students at Drexel?

Students have access to the Laurence A. Baiada Institute for Entrepreneurship, Drexel University’s hub of experiential learning. Through the Baiada Institute, students can connect with resources including mentorship, funding opportunities and networking events while engaging with Drexel’s broader entrepreneurial community.

Do I need to have a business idea before starting a master’s degree in entrepreneurship?

No. The program develops skills in opportunity recognition, ideation, and evaluation, so you do not need to enter with a fully developed venture. You’ll learn methods for evaluating ideas, assessing viability, and developing entrepreneurial solutions.

Can a master’s in entrepreneurship help me advance in my current career?

Yes. Entrepreneurial skills can help professionals identify opportunities, develop new solutions, and lead growth and innovation within established organizations. The MS in Entrepreneurship and Innovation builds skills in strategic thinking, opportunity evaluation and decision-making while strengthening your ability to navigate financial, operational and managerial challenges. These capabilities can prepare you to take on greater responsibility, lead new initiatives and create value within your current organization or industry.

Take the Next Step

Whether you’re ready to apply or still exploring your options, we’re here to help you take the next step. Connect with our graduate admissions team to learn more about the program, the application process and how a Drexel LeBow graduate degree can help you achieve your goals.

Tuition and Financial Aid

Visit Drexel Central to review current tuition and fees, estimate your cost of attendance, and explore financial aid resources and payment options available to graduate students.

Connect with Us

To learn more about Drexel LeBow’s master’s programs, students are encouraged to attend an information session or request additional information.