Meet the challenge. Seize the opportunity. Prepare to innovate.
Study Format
- Face to Face in Berlin, Germany
Program Length
- 30 Credit Hours
- 20 Months
Application Deadlines
Domestic Students
Spring 2025 Application Due | Classes Start Jan. 6, 2025
International Students
Spring 2025 Completed File Due | Classes Start Jan. 6, 2025
Today’s business world is constantly changing and management strategies need to be redefined on an ongoing basis. The Master of Arts in Innovation and Entrepreneurship (MAIE) speaks to individuals working in organizations that want to generate new ideas, apply frameworks, and respond to this changing environment as intrapraneurs, who are seen as innovators. There are also individuals who may be looking to identify and manage new business opportunities for their organization or for themselves. The Concordia-Chicago College of Business MAIE is designed to help students understand the challenges and opportunities that can arise when embarking or considering a new business venture or leading a period of change within an organization. The program focuses on the specific needs of innovators who may be seeking to successfully commercialize an idea and covers a broad range of knowledge areas. Students will benefit from opportunities to work on projects that have direct relevance to their work.
Program Outcomes
As a result of completion of this program, students will demonstrate that they can:
- Demonstrate understanding and apply the theory, process, and practice of entrepreneurship, new venture formation, and corporate innovation, consulting, and project management.
- Create and assess new ideas and new business by delving into one’s own innovation spirit of creativity, imagination, ingenuity, and originality.
- Analyze and apply appropriate innovative frameworks and technologies to filter opportunities, companies, and their customers.
- Shape an ethical, innovative, and global culture by leading teams from an ethos of vision, innovation, diversity, inclusion, and change.
- Collect and analyze data to assess viability of new opportunities as it relates to the global market, the industry, and the team.
Program Information
The curriculum for the degree consists of ten three-credit courses for a total of 30 credits. Exceptions to the sequence are granted at the discretion of the program chair.
MIE6001 Creative Thinking and Practice
Students will explore ways to develop creative talent in themselves, individuals, teams, and at the organizational level and how to develop skills in building work environments that support creative and divergent thinking. Students will use creativity diagnostics. Students will explore case studies, storytelling, global and industry trends, as well as the research on creative thinking. Emphasis is placed on understanding how the concept of creativity has evolved overtime and its influence on the digital workplace. (First course)
MIE6002 Leading Innovation in the Digital Age
This course sharpens students’ innovation, design thinking, and leadership skills including how to lead innovative projects. Students will examine leadership theories and styles that foster innovation, learning how, when, and why to take risks and to reward risk and failure as well as success in others. Focus is on how leading and encouraging innovative thinking and innovation helps create a high impact culture that accelerates growth by developing a diverse, technically adept, and global minded workforce for the digital age. Prerequisite: MIE6001.
MIE6003 Entrepreneurship for the Global Society
Students will study entrepreneurship as a global societal and business phenomenon and gain perspective regarding why and how entrepreneurs start new ventures or pursue innovation, how they are funded, managed, and led in a global context. Students will analyze existing industries and global markets for gaps and opportunities, learning how to evaluate the opportunities, as well as how to manage and lead projects across national and cultural borders through the creation and implementation process as applied to project management. Prerequisite: MIE6002.
MBAE6265 Prototyping/Co-Designing Solutions
This [hands on course] provides an experiential application of prototyping concepts to evaluate new product and/or service opportunities. The course synthesizes learning gained from working with beta-test customers and/or vendors to design and rapidly prototype physical solutions to determine a final unique value proposition. Finally, this course will help students determine an optimal way to capitalize on an entrepreneurial or innovation opportunity. Prerequisites: MIE6001, 6002, 6003.
MBAD6115 Social Media Marketing Communications
This course is designed to help students understand how marketing communications has (and has not) changed due to the rise of social media. More importantly, the course will equip students with appropriate knowledge, perspectives, technical, and practical skills for leveraging the opportunities inherent in social media and consumer-to-consumer social interactions for achieving business and marketing goals.
MBAL6020 Agents of Change
In this course students will examine the various roles and processes in organizational intervention as they relate to identifying, implementing and sustaining change. Organizational culture, climate, communication practices, mental models and change theories will be explored.
MIE6004 Financial Accounting for the Entrepreneurial Firm
Students, whether self-employed or working for an entrepreneurial firm, should be able to understand financial information so they can interact with accountants, CFOs, controllers, and financial managers, read and interpret financial statements for business diagnostics.
MBAC6050 Ethics, Law and Communication in Decision Making
This course introduces the legal and ethical obligations in business. Knowledge of law and ethics must be included into managerial decisions. Students will learn to apply and communicate ethical frameworks to business decisions, with a lens on social responsibility. Proactive and effective communication can provide a competitive edge to organizations, reducing risk and liability.
MBAC6250 Strategy for Innovation and Entrepreneurship
This course challenges students to think about how they can create and build an organization through sound leadership and management theories, personal relationships, creative and critical thinking, as well as how design thinking and innovation principles can be used to create strategic value.
MIE 6990 Capstone: Innovation and Entrepreneurship
The capstone is the convergence of creativity, innovation, entrepreneurship, and leadership study and is designed to help students synthesize and apply learning from this program in a real-world entrepreneurial or innovation-related experience. The outcome of this course could be the launching of a new product or new business venture, and also provide marketable experience to prospective employers or investors. Note: This is the final course of the program and should be taken after all other courses are completed.
Admission Criteria
- Application for Admission
- Objective Statement
Provide information on your future educational goals and/or objectives and their relationship to pursuing graduate work at Concordia University Chicago. This is part of the online application. - Transcripts
Provide one official, sealed transcript from each institution through which a degree was earned. - International Transcripts
- Two letters of recommendation
Letters should be from individuals able to comment on the applicant's academic proficiency, personal character and competence and effectiveness in professional work.
GPA Requirements
Applicant's must show evidence of ability to achieve success in a graduate program through the following:
- Full Admission
To be considered for Full Admission, candidates will present a cumulative grade point average above 2.85 or will have earned a master’s degree with a 3.0 GPA or higher. - Probationary Admission
To be considered for Probationary Admission, one or more of the following special conditions may exist:
1) a cumulative GPA between 2.25 and 2.84 (on a 4.0 scale);
2) holding a master’s degree with a cumulative GPA below 3.0; and/or
3) credentials/documents that raise cause for reservation for admission.
Students admitted on probationary status must earn a 3.0 GPA in graduate course work within their first semester of enrollment to continue in the program. - Provisional Admission (available only to US residents and citizens)
To be considered for Provisional Admission candidates will present credentials that generally satisfy full admission requirements, but need to satisfy additional admission requirements such as special program prerequisites. All admission requirements must be satisfied by the end of the candidate’s first semester of enrollment to continue in the program.
Seminar in Higher Education (EDU 6015)
In addition to the base program curriculum, international students attending face-to-face classes on the CUC campus are required to take the Seminar in Higher Education, a 3-credit course. This requirement will not apply to international DBA students studying exclusively online.