Master of Science in Technology Commercialization

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Credits Required for Graduation
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Meets International Visa Requirements No

Overview

We have suspended new enrollments to the Master of Science in Technology Commercialization and are no longer accepting applications for admission.

If you are a student currently enrolled in the program, our advising staff will work with you to complete all coursework by August 31, 2012.
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In today’s challenging business environment, technology commercialization is critical to achieving competitive advantage. Companies are challenged to find leaders who can identify, capture, and translate technical ideas into commercial success. In response, Northeastern University’s College of Professional Services, in collaboration with the School of Technological Entrepreneurship, has developed the online Master of Science in Technology Commercialization.

Designed to guide technology-minded entrepreneurs through the process of bringing new products to market, this innovative master’s degree combines business fundamentals with important legal, intellectual property, financing, marketing, and management concepts—providing a high-impact learning experience that will enable you to effectively translate innovation into opportunity. 

Program Objectives 

  • Learn how to translate concepts into commercial success
  • Discern effective approaches for managing teams, business segments, or companies
  • Examine the steps involved in designing, developing, and establishing new ventures
  • Learn how to construct a cash flow analysis, budget, and financial plan
  • Evaluate various capital raising strategies
  • Become familiar with managerial strategies used to protect and capitalize on intellectual property
  • Discover techniques for identifying resource needs, developing contingency plans, managing risks, and preventing scope creep

This program is AACSB accredited.

Formats: The Master of Science in Technology Commercialization is also available in a 12-month, fast-track format. For more information, visit our Fast-Track Master of Science in Technology Commercialization page. 

Interested in learning more?

Watch the February 15, 2011 Master of Science in Technology Commercialization Webinar

 


Curriculum

This graduate degree in technology commercialization features eight 3 quarter-hour academic courses and 4 quarter-hour venture courses. Academic courses equip you with practical management skills, ranging from team leadership to business management to entrepreneurial marketing. The four venture courses review the transformation of theory into practice through the commercialization of a real product through the Online I-cubator.

Academic Courses (24 q.h.)

Complete all of the following courses:

TCM 6010 Business Fundamentals for Entrepreneurs 3 q.h.
PJM 6010 Project Planning and Scheduling 3 q.h.
TCM 6030 Intellectual Property Law and Management 3 q.h.
TCM 6040 Accounting for Technology Startups
(TCM 6010 is a prerequisite for this course)
3 q.h.
TCM 6060 Elements of Financing a Business 
(TCM 6040 is a prerequisite for this course)
3 q.h.
TCM 6070 Entrepreneurial Marketing
(TCM 6010 is a prerequisite for this course)
3 q.h.
TCM 6090 Managing a Technology-based Small Business/SBU 3 q.h.
LDR 6110 Leading Teams 3 q.h.

Venture Courses (16 q.h.)

*Please note, these courses are only open to students enrolled in the Master of Science in Technology Commercialization. Registration for these courses is processed by contacting the Program Manager, Barbara Merandi at b.merandi@northeastern.edu.

TCM 6020 New Venture Development 1: Starting a New Technology Venture 4 q.h.
TCM 6050 New Venture Development 2: Building a Prototype 4 q.h.
TCM 6080 New Venture Development 3: Customer Evaluation 4 q.h.
TCM 6100 New Venture Development 4: Developing a Business Plan and Investor Presentation 4 q.h.


Total Quarter Hours: 40


Admissions Requirements

We have suspended new enrollments to the Master of Science in Technology Commercialization and are no longer accepting applications for admission.

We encourage you to review our other available graduate programs, which may meet your educational needs and goals. Please do not hesitate to contact an enrollment coach with questions or to learn more about any of our programs. Coaches can be reached at 1.877.668.7727 or cpsadmissions@northeastern.edu.


Tuition

Estimated total tuition for this program is $0.00.

Tuition for individual courses is based on the number of quarter hours. Most courses are 3-6 quarter hours. See Graduate Tuition Rates for details.

Use our Tuition Calculator below to see if transfer credit or tuition reimbursement from your employer could reduce your total tuition.

Tuition Calculator

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Please note: The estimated total tuition is based on tuition rates for Academic Year 2017-18 and does not include any fees or other expenses. Some courses and labs have tuition rates that may increase or decrease total tuition. Tuition and fees are subject to revision by the president and Board of Trustees at any time.

*A maximum of 9 quarter hours of graduate- or doctoral-level credit obtained at another institution may be awarded as Advanced Graduate Credit to the Doctor of Education program.


Student Profile

Who Will Your Classmates Be?

This program is designed for technical professionals who are interested in launching a new business or product. A minimum of five years’ work experience and an undergraduate degree is required for this program. Typical applicant titles include:

  • Entrepreneur/intrapreneur
  • Engineer
  • Engineering manager
  • Technical leader
  • Technical support engineer or manager
  • IT support engineer
  • Trainer or training manager
  • Quality assurance engineer
  • Marketing specialist or manager
  • Product manager
  • Scientist


Student Testimonials 

 

"I was looking for a master's degree with a focus on bringing new products to market. I must have researched over 100 different MBA programs before finding Northeastern's Master of Science in Technology Commercialization. This graduate degree program truly is unique in both its focus on technology commercialization and in its advanced level of on-line learning. As a bonus, it has jump started a product that may revolutionize the gift industry!"

~Jim Russell, Engineer and Entrepreneur 


"Having missed opportunities to go to market with new ideas I only wish the program was available 5 years ago."

~Eric Parrish, Senior Product Manager, GTECH Corporation


"The MSTC at Northeastern University's College of Professional Studies has been an integral part of my development as both a young professional, and an entrepreneur. I am confident that the curriculum has helped me attain a whole new level of expertise in an emerging market, while adding to my current skill set."

~Heather McCormack, Marketing Manager, CSN Stores


"This program has not only taught me how to bring my commercial project through all the stages of development, but it has also taught me how to think and act more effectively as an intrepreneur within my current company."

~Michael Murray, Northeast Regional Sales Manager, Analog Devices


"The people I have met in the MSTC are smart, highly motivated and some of the nicest people I have ever met. We have come together as a cohort from vastly different backgrounds and geographies and developed a truly supportive learning environment. Beyond the learning I have developed some great friendships that will last long after this program is finished."

~Jim King, Strategic Account Manager, Meggitt Sensing Systems [Meggitt PLC UK]


Career Outlook

Put Your Degree to Work

While commercialization of innovative technologies is inherent in the creation of new jobs and economic growth, the job market for this program is largely dependent upon your goals and individual performance. Throughout the program, you will gain valuable business tools and entrepreneurial skills that you can apply in your current position, in a new position, or as the founder of a new venture.

 


Advisory Board

The Master of Science in Technology Commercialization Board of Advisors consists of senior executives, technologists and entrepreneurs from a variety of industry segments and institutions. Program administrators and faculty consult with the Board to understand the state of the industry, as well as review opportunities to update the curriculum to meet the challenges of an ever-changing business environment.

From Northeastern University


Tom Cullinane
Professor of Mechanical and Industrial Engineering at Northeastern University

Tom Cullinane is a full Professor of Mechanical and Industrial Engineering at Northeastern University. He has a joint appointment with the School of Technological Entrepreneurship and the College of Engineering. His research is focused on developing models for optimizing remanufacturing systems. He is a Fellow of the Institute of Industrial Engineers. Cullinane earned his Ph.D. in Industrial Engineering and Operations Research from Virginia Polytechnic Institute and a post doctoral S.M. in Environmental Health Sciences from The Harvard School of Public Health.


Tom Ermolovich
Online Program Director for the MSTC program at Northeastern University

Tom Ermolovich is an entrepreneur and senior engineering executive. Currently he is the Online Program Director for the Master of Science in Technology Commercialization program at Northeastern University. He has a joint appointment with the School of Technological Entrepreneurship and the College of Professional Studies. Previous positions include VP of Engineering at Voice Signal Technologies, American Internet, MicroTouch Systems and Concord Communications. He was also Founder and VP of Engineering at Legra Systems. Ermolovich received a B.S. in Electrical Engineering from Northeastern University and an MBA from Bentley College. Currently, he is enrolled in the Ed.D. program at Northeastern.


Mark Gould
Associate Dean of Academic and Faculty Affairs for the College of Professional Studies at Northeastern University

Mark A. Gould is the Associate Dean of Academic and Faculty Affairs for the College of Professional Studies at Northeastern University. Mr. Gould has more than 20 years of experience in the development, marketing and implementation of management training and professional development programs in a corporate environment. Gould earned his B.S. in Business Administration from the University of Maine, an M.B.A. from Southern New Hampshire University, and M.Ed. from Boston University.


Dan Gregory
Director for the Digital Media I-cubator at Northeastern University

Dan Gregory is entrepreneur in the digital media industry. Currently he is Director for the Digital Media I-cubator at Northeastern University where he has a joint appointment with the School of Technological Entrepreneurship and the College of Arts and Sciences. Previous work includes positions at Cap Cities/ABC, Scholastic, New England Business Services, and Vertigo Development Group, co-founder of Turnstone Publishing Group and The Launch Group, a consulting practice that advised clients on starting new ventures. Gregory received a BA from Wesleyan University and an MBA from Harvard Business School.


Paul Zavracky
Jean C. Tempel Professor of Entrepreneurship and Dean of the School of Technological Entrepreneurship at Northeastern University

Paul Zavracky is an entrepreneur, professor of physics. He is the Jean C. Tempel Professor of Entrepreneurship and Dean of the School of Technological Entrepreneurship at Northeastern University. He has more than 100 publications and 67 issued patents. Previous positions include COO and co-founder of The MicroOptical Corporation, co-founder and COO of Kopin Corporation, professor of electrical engineering at Northeastern University where he established a microelectromechanical systems (MEMS) program and principal scientist at the Foxboro company. Zavracky has obtained his Ph.D. in physics at Tufts University. He holds bachelor's and master's degrees in physics from Northeastern University.

 

From Industry

Menachem Abraham
Senior technologist, executive and entrepreneur

Menachem Abraham is a senior technologist, executive and entrepreneur. Currently, he explores new business initiatives and provides advisory services to early stage companies through his management consulting company, Columbus Advisors. Previous roles he held include founder, chairman and CEO of Mintera Corp., president of Lucent Technologies Enterprise Internetworking business unit, founder and CEO of Prominet, and senior vice president and CTO of Chipcom Corporation. Menachem holds bachelor’s and master’s degrees in Electrical Engineering summa cum laude from the Technion – Israel Insititute of Technology.


Abigail Barrow
Founding Director of the Massachusetts Technology Transfer Center

Abigail Barrow is the Founding Director of the Massachusetts Technology Transfer Center (MTTC). She is responsible for the overall management of the MTTC and the development of its programs. Previously she was the managing director of the William J. von Liebig Center at the University of California San Diego (UCSD). While at UCSD she also held a variety of positions at USCD CONNECT. Barrow received her Ph.D. from the Science Studies Unit and a B.Sc. in Mechanical Engineering, both from the University of Edinburgh.


Bob Bondaryk
President, Chief Operating Officer and a founder of Symbiosis Scientific

Bob Bondaryk is President, Chief Operating Officer and a founder of Symbiosis Scientific. Previous positions include Senior Vice President and General Manager, Cogenics at Clinical Data, Inc., Executive Vice President, General Manager & Business Development at Proteome Systems, Vice President, Life Science and Drug Discovery at Fisher Scientific and independent management consultant. Bondaryk holds a Ph.D. in Biochemistry from Harvard and an A.B. in Biology and Psychology from Bowdoin College.


Fred Engel
Senior technologist and software engineering executive

Fred Engel is a senior technologist and software engineering executive. Previous roles he has held include senior vice president and chief technology officer for Iron Mountain Digital and Executive Vice President and Chief Technology Officer of Concord Communications. Engel received an M.S.E.E. and a BA in Mathematics from the University of Connecticut, where he has been inducted into the Hall of Distinguished Engineers.


Paul Gasparro
Vice President and Co-founder of Mapleworks Technology

Paul Gasparro is an entrepreneur and senior executive. Currently he is Vice President and Co-founder of Mapleworks Technology, an out sourcing firm focusing on the network communications industry. Previous positions include founder of VoiceTek, Aurora Systems, and NexCen Technologies. He has also held executive positions at Motorola and Fairchild/Schlumberger. Gasparro holds a B.S. in Electrical Engineering from the University of Illinois and an MBA from the Illinois Institute of Technology.


Mark Goodstein
Founder of Techpros, a recruitment and placement firm for the software industry

Mark Goodstein is the Founder of Techpros, a recruitment and placement firm for the software industry. His previous positions include recruiter with Sally Silver Companies and practicing attorney. Goodstein received his BA from the University of Vermont and his JD from The Washington College of Law at the American University. He has sat on the Board of Directors for MAPS, The Massachusetts Association of Personnel Services and the Massachusetts Alumni Board of Directors for UVM.


Fran Grigsby
Founder and Managing Principal of Next Level International

Fran Grigsby is a senior high technology executive and general manager. She is currently Founder and Managing Principal of Next Level International which provides business development and interim executive services for companies worldwide. Previous positions include Senior Vice President and Chief Operating Officer at Giganet, Vice President of Enterprise Networks at Motorola and senior positions at Digital Equipment Corporation. Grigsby’s education includes MBA and BA degrees from Vanderbilt University and an Executive Certificate at INSEAD Graduate School of Management in France.


Scott Harmon
Vice President of Business Development at Z Corporation

Scott Harmon is Vice President of Business Development at Z Corporation where is he responsible for expanding sales in current channels and finding new applications for Z Corporation products. Previously he was Division Manager of Church & Dwight, a leading consumer goods company. Harmon has a B.S. in Electrical Engineering from the United States Military Academy at West Point and an MBA from the Harvard Business School.


Beverly Hjorth
Partner in the intellectual property law firm Weingarten, Schurgin, Gagnebin & Lebovici LLP

Beverly Hjorth is a Partner in the intellectual property law firm Weingarten, Schurgin, Gagnebin & Lebovici LLP. She is also a former Patent Examiner with the US Patent and Trademark Office examining patent applications in a mechanical group. Hjorth holds a B.S. in Civil Engineering from Lehigh University, an M.S.E. in Civil Engineering from Princeton University and a law degree from Boston University School of Law, where she was also a member of the Law Review.


Tom Holzel
Founder and Principal at Velocity Associates

Tom Holzel is an entrepreneur and senior sales executive. He is a Founder and Principal of Velocity Associates, a management consulting company that concentrates on revenue growth. Previous positions include CEO, Printable Field Emitters, VP Marketing & Sales, MicroOptical Corp, Opened U.S. Offices of PixTech, Inc., (1995-1999, Santa Clara, CA) as VP Marketing & Sales in Santa Clara, CA. and Founder & President, Arcturus. Hozel has a B.A. in economics from Dartmouth College.


Jesse Lipcon
Private investor and independent consultant

Jesse Lipcon is a retired senior technologist and engineering executive. Currently he is a private investor and independent consultant. Previous roles he has held include several roles at Compaq which include Vice President of Alpha Technology and Vice President and General Manager High Performance Server Division, and Vice President of Digital’s Unix and OpenVMS Systems Business Unit. Lipcon holds B.S and M.S. degrees in electrical engineering from Massachusetts Institute of Technology, where he was elected to Tau Beta Pi and Eta Kappa Nu.


Charley Polachi
Founder and Partner at Polachi Access Executive Search

Charley Polachi is Founder and Partner at Polachi Access Executive Search, a leading provider of executive search services to technology, clean tech, venture capital and private equity clients. He has recently been named to BusinessWeek’s Top 100 Most Influential Headhunters in the world. Previous positions include co-founder of Fenwick Partners, acquired by Heidrick and Struggles, and co-founder of International Technology Partners. Polachi holds a Bachelor's degree in Biology from The College of the Holy Cross and an MBA from Boston College.


Ross Seider
Founder and Senior Partner at On-Fire Associates

Ross Seider is an entrepreneur and senior high technology executive. He is the Founder and Senior Partner at On-Fire Associates, a management consulting firm focusing on product development operations and strategies. Previous position include Vice President Development and Network Operations, Vice President and General Manager of the Transmission Products Business Unit at Motorola, co-founder of Concord Communications and VP Engineering and Co-fonder, Concord Data Systems. Seider holds a B.S. in Electrical Engineering from Rensselaer Polytechnic Institute and an MBA from Northeastern University.


Devyn Smith

Principal at the Frankel Group

Devyn Smith is a strategy consultant in the Bio-tech industry. He is currently a Principal at the Frankel Group and he is also Bio-tech I-cubator Director for the School of Technological Entrepreneurship at Northeastern. Previously he was a consultant with Adventis Corporation. Smith has a Ph.D. in Genetics from the Harvard Medical School, an M.S. in Biology from Idaho State University and a B.S. in Zoology and Minor in Chemistry from Brigham Young University.


Michael Thurk
Managing Partner for Mariposa Consulting and a member of three high-tech Board of Directors

Michael Thurk is a senior high technology executive and general manager. He is currently the Managing Partner for Mariposa Consulting and is a member of three high tech Board of Directors. Previous roles include Chief Operating Officer of Avaya, Executive Vice President - Ericsson Data Backbone and Optical Networks Group, chief executive officer - Xyplex Networks, Vice President Marketing and Services - General Datacomm and Vice President Digital Equipment. Thurk holds a BS in Computer Science from Purdue University, an MBA from Babson College, and he has completed the AMD program at the University of INSEAD in France.


Rouzbeh Yassini
Founder and CEO of YAS Broadband Ventures LLC

Rouzbeh Yassini is Founder and CEO of YAS Broadband Ventures LLC. He has gained an international reputation as a broadband visionary for inventing the cable modem while founder and CEO of LANcity and for establishing the cable modem industry standards (DOCSIS) through Cable Television Laboratories, SCTE and ITU. Yassini holds an Honorary Ph.D. in Science and a B.S. in Electrical Engineering from West Virginia University, an Honorary Ph.D. from Merrimack College, as well as an equivalent MBA from General Electric’s Financial Management Program.

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