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If you are looking for an opportunity to take your business to the next level then, Masters in Innovation and Entrepreneurship Canada program is exactly what you need. It is one of the best online MBA programs that both domestic and international students can pursue while still working on their career and earning a profit. Here is a chance to get an advanced degree to keep up with the swiftly changing business environment.
For those who are considering attending or applying for masters in innovation and enterprreneur in canada, this article is for you ! these details contain information on courses and graduate programs offered by universities in canada for masters in innovation and enterpreneurship management
With CollegeLearners you’ll get detailed info on master of management innovation & entrepreneurship canada,the university of alberta innovation and enterpreneurship management,university of alberta mba requirements,university of alberta mba fees and more.
Masters In Innovation And Entrepreneurship Canada
Overview
Throughout the Innovation & Entrepreneurship Specialization, students gain the competencies to manage technology innovation, entrepreneurial ventures and commercialization processes in generating business plans and ideas.
The Innovation & Entrepreneurship MBA, supported by the Technology Commercialization Centre (TCC) , provides a valuable tool to jump to the forefront of new venture creation and innovation management.
Focusing on all levels of innovation management, from idea generation, through feasibility studies, and finally to market launch, the Innovation & Entrepreneurship Specialization develops knowledge and skills in the important areas of:
- Identifying opportunities
- Facilitating innovation and development
- Managing intellectual property
- Building new organizations and markets
The Program
During the first-year of MBA studies, Innovation & Entrepreneurship students complete the same core courses as all other MBA students. Students are able to take Innovation & Entrepreneurship electives during the first-year of the program.
In year two, students choose from a wide range of electives in Innovation & Entrepreneurship, either focusing on one key area such as finance or management, or gaining a general overview of all areas. Students will apply their knowledge in a project course by developing business and strategy plans for University spin-off companies or other start-ups.
Entrepreneurship can be defined as a business related area where leaders in organizations are not afraid to take risks, tackle innovative solutions in order to boost their business performance and ensure the highest income. Entrepreneurship concentrates on business opportunities exploitation, business plan development and control, start-up establishment, management, team-building, market strategies, human resource management, leadership, innovation, intellectual property, economy, networking, market research, etc.
Students enrolled in an entrepreneurship course will develop communication skills in order to become good negotiators and they will also learn basic management and leadership skills. A good entrepreneur uses his creativity and applies strategic thinking to create effective business plans.
A Bachelor’s or Master’s degree in entrepreneurship includes theoretical knowledge and practical activities. Understanding today’s business environment, the ability to manage people and be a good sales person are a cornerstone in this modern and dynamic field.
Career prospects for graduates in entrepreneurship are: business manager/administrator or take management for different departments in various companies or organisations, business or financial consultant, research developer, management analyst, franchise owner, project manager and more.
Focusing on the skills required to disrupt business models, the programme aims at matching the current market dynamics. Its main objective is to meet the companies challenges to maximise innovation and to broaden their global performance reach, not only from an economic perspective.
The MSc provides a strong educational platform for future innovators, who will be
– pilots and transformative leaders for innovation projects,
– drivers in value creation, able to bring out collective intelligence in an expanded organisation,
– intrapreneurs and entrepreneurs endowed with the right skills to successfully drive value and manage innovation and to bring their ideas to the market, “from concept to commercialization
The MSc programme uses inductive learning. Therefore, students work on a real business case over the duration of their studies.
– The live in-company case study is a real corporate consultancy project which will focus on challenges faced by companies such as implementing a new strategy, strategic management, company’s transformation, how to diversify by innovation, etc.
– Students will get involved in hands-on projects to solve complex business issues where only collective intelligence will enable them to co-build solutions to solve the case using a cross-disciplinary approach.
Innovation and Entrepreneurship Courses
- SMO 631: New Venture Creation (Required)
- SMO 659: Strategic Management of Innovation & Entrepreneurship (Required)
- B LAW 658: Intellectual Property Law & Commercialization
- FIN 635: Venture Capital
- MARK 612: Marketing Research
- SMO 600: From Science to Business – Translational and Entrepreneurial Challenges
- SMO 601: Innovation & Sustainability – The Cleantech Revolution
- SMO 603: Managing Innovation
- SMO 627: Advising Family Business
- SMO 628: Managing Family Enterprise
- SMO 642: International Family Enterprise
- SMO 656: High Technology Business Development
- SMO 686: Design Thinking and Innovation
- SMO 686: Entrepreneurial Strategizing
university of alberta innovation and entrepreneurship
Program Description
- The University of Alberta offers an MBA in Innovation and Entrepreneurship for 20-months.
- It is an on-campus, thesis-based program, offered both full-time options.
- In this program, students gain the competencies to manage technology innovation, entrepreneurial ventures, and commercialization processes in generating business plans and ideas.
- The program is supported by the Technology Commercialization Centre(TCC) which provides a valuable tool to jump to the forefront of new venture creation and innovation management.
- It focuses on all levels of innovation management, from idea generation, through feasibility studies, and finally, to market launch, the Innovation and Entrepreneurship develops knowledge and skills in the important areas of:
- Identifying opportunities
- Facilitating innovation and development
- Managing intellectual property
- Building new organizations and markets
- During the 1st year of MBA studies, students complete the same core courses as all other MBA students.
- Students can take Innovation and Entrepreneurship electives during the 1st year of the program.
- In the 2nd year, students get the opportunity to choose from a wide range of electives in Innovation and Entrepreneurship, either focusing on one key area such as finance or management or gaining a general overview of all areas.
- Students will apply their knowledge in a project course by developing business and strategy plans for University spin-off companies or other start-ups.
- The student to faculty ratio for this program is 9:1 and is home to nearly 70 faculty members.
- The Alberta School of Business is the longest continuously Association to Advance Collegiate Schools of Business (AACSB) accredited business school in Canada.
- The Alberta School of Business is one of the world’s leading institutions of business education and research and ranks 9th according to QS Global ranking in Canada.
- Students have career opportunities to work as a Business Consultant, Department Manager, Sales Manager, etc and the average salary goes up to 72,000 USD.
Program Highlights
| Degree Type Offered | Master |
| Duration | 20 months |
| Fees | $ 43322 for 20 months |
| Delivery Type | Full Time |
| Admission Intake | Fall (Deadline – Apr 14) |
| Language Proficiency | TOEFL,IELTS,PTE |
| Exams | GMAT,GRE |
| Offered By | School of Business, University of Alberta |
| Program URL | https://www.ualberta.ca/business/programs/fast-track-mba |
University Of Alberta MBA Requirements
Academic Eligibility:
- Students must have completed four years of bachelor’s degree or equivalent in business from a recognized university.
- A GPA of 3.0/4.0 [B Grade] over their last two years or 60-credits of study is required to get admission in this program.
- Students must hold an English Language Proficiency for Non-native English speakers.
Work Experience:
- Students have at least two years of full-time work experience after completion of an undergraduate degree.
- Alberta MBA students possess an average of five years of work experience.
- Students need to include in their resume sufficient details of their professional work experience for each term of employment, and a brief description of employment duties.
- Education, volunteer experience, accomplishments achieved at work, and any extracurricular activities should also be considered.
Others:
- Students who have non-business academic backgrounds must hold degrees from a wide range of areas including arts, business, engineering, sciences, etc.
Indian Student Eligibility:
- Students are normally required to have completed a four-year bachelor’s degree, or equivalent in business from a recognized university or institute.
- GPA of 3.0/4.0 [B Grade] from the latest two years of full-time study or equivalent is required.
- Students will need to submit school results for Class XI showing a competitive average and course registration for Class XII, or Class XII mid-year results.
- Students in CBSE or CISCE schools may need to present a 75%+ score on their final Class XII exams.
Students need to submit a minimum GMAT score of 550 or GRE scores with a minimum of 300+. However, for a better chance of admission, students must obtain 500+ on GMAT or 300+ on GRE.
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.
Required Document List
- CV/Resume: Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
- Online application form: Students have to submit an online application form at the official website.
- All post-secondary transcripts: Students have to submit all official documents containing student’s grades. Thus, post-secondary transcripts refer to undergraduate, graduate, medical school, law school, or other higher education transcripts.
- Two academic or professional references: Referees (Teachers, guidance counselors, or Professors) should comment on academics and that references should submit along with the application system.
- Statement of Intent: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
- Electronic Official transcripts: Submit copies of official transcripts from post-secondary institutions attended in PDF format.
- Personal Statement: It should include a brief overview of themselves, strengths, and any work experience and/or education that students have.
- Statement of research interests: Student has to fill their interesting research work area in the application form.
- ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.
- Admission Interviews: Students have to give interviews after submitting and selection of the online application form.
Application Deadline
CHECK ELIGIBILITY
| Event | End Date |
| fall | Apr 14, 2021 |
Scores Required
100 / 120
Avg. Score in
TOEFL
7 / 9
Avg. Score in
IELTS
550 / 800
Avg. Score in
GMAT
68 / 90
Avg. Score in
PTE
310 / 340
Avg. Score in
GRE
University Of Alberta MBA Fees
| Year | Year 1 | Year 2 |
| Tuition Fees | $21211 | $21211 |
| Health Insurance | $450 | $450 |
| Total Fees | $21661 | $21661 |
Living Costs
| Head | Avg Cost Per Year |
| Housing | $ 10800 |
| Food | $ 2700 |
Scholarship Grants & Financial Aids
| Name | Amount | International Students Eligible | Application Deadline |
| Alberta Innovates Graduate Student Scholarship | Variable | Yes | Feb 13, 2021 |
| UAlberta Master’s Entrance Scholarship | Variable | Yes | Apr 6, 2020 |
| Alberta Graduate Excellence Scholarship (AGES) | $ 8312 | Yes | N/A |
| Rotary Foundation Scholarships- Global Grants | Variable | Yes | Jun 29, 2021 |
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VISA & Work Study
VISA
- There is no particular visa type to study in Canada but require a Student Visa.
- International applicants who are applying for a Student Visa are required to have TRV (Temporary Resident Visa) or eTA (Electronic Travel Authorization) for entry in Canada.
- Following are the required documents for Students visa applications:
- Application for Study Permit
- Letter of acceptance
- Proof of financial support
- Passport photos
- an Entry Visa to enter the country
- Visa to study or work in the country
- Resident Permit or registration after arrival in the host country
Work Study
Students from the University of Alberta can work both on-campus and off-campus. All international graduates of the full-time MBA program are eligible for a three-year work CanadianPost Graduation Work Permit.
On-Campus: Students can work on-campus. The jobs available for students are UAlberta offices like interns, assistants, receptionists, and Stores and restaurants, UAlberta bookstores, UAlberta libraries, Coffeeshops. Students can work a number of hours per week on-campus and up to 20 hours a week.
Off-Campus: Students can also work off-campus.The jobs available for students are companies in their field of studies, Banks, Restaurants, and Stores. Students can work a number of hours per week off-campus and up to 20 hours a week.
best entrepreneurship programs in canada
Entrepreneurship degrees teach students to turn business ideas and concepts into viable products or services, using a limited amount of resources. Entrepreneurship studies offered by business schools worldwide teach students to design new business models, manage the good implementation of innovations, while assessing potential risks of business plans. Entrepreneurs typically work in corporations or start-ups.
Canada is one of the most popular study destinations in the world due to its high focus on the quality of its universities and its emphasis on attracting international students who can later immigrate. Canadians are very welcoming to international students and they invest a lot into making sure students are safe, treated fairly, and enjoy their stay in the country. Study in one of the strongest economies in the world while enjoying a high living standard and a flexible study environment. Classes have smaller student groups ensuring everyone gets the attention they need, and encouraging group assignments and debates.
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