MBA E&I Track

MBA Entrepreneurship & Innovation Track

The Entrepreneurship & Innovation (E&I) Track is for students within the MIT Sloan School of Management MBA program who have a strong commitment to entrepreneurship. The E&I Track focuses on launching and developing innovative and emerging technology companies and emphasizes the integration of academic lessons, team practice, and real-world application in entrepreneurship.

As a student in the E&I Track, you will:

  • meet and work with a cohort of like-minded peers early in the MBA program;
  • gain exposure to key MIT faculty, staff, and other entrepreneurship resources; and
  • tap into a global entrepreneurship network.

Enrollment is on a first-come, first-served basis and requires a written statement of application during the summer prior to your entry to MIT Sloan. Admission is tentative until you have paid electronically a $350 deposit for the required E&I Spring Silicon Valley Study Tour (SVST), and completed a brief online E&I survey of your background and interests.

A Wait List is maintained for those who exceed the maximum number permitted by classroom constraints. Many students are admitted to the E&I Track from the Wait List prior to the cutoff deadline in mid-September.

Click here for a complete list of Entrepreneurship & Innovation resources across MIT, courtesy of the MIT Innovation Initiative.

Initial Entry Course

E&I begins with the required first semester course 15.360 Introduction to Technological Innovation. 15.360 provides an overview of key issues and knowledge needed for creating and building successful startups, whether technology-based or not.

Objectives include learning basic lessons about being an entrepreneur – mostly from practitioners – such as:

  • how to generate ideas;
  • steps for actually starting up companies;
  • initial funding options; and
  • overcoming legal and other issues.

Track members are introduced to organizational elements and key players of the MIT entrepreneurial ecosystem, learning how to get helpful technology, talent, and advice from MIT resources, both while at the Institute and after. Finally, the course serves as a starter for each student in creating a personal network to entrepreneurs, angels and VCs, mentors, and, most of all, to each other.

Silicon Valley Study Tour

Held during the Spring semester, the Silicon Valley Study Tour (SVST) finds E&I Track students visiting leaders in the Northern California venture capital community as well as founders and CEOs of startups and successful enterprises in the life sciences, medical technology, software, information technology, advanced materials, and new energy fields.

SVST is an opportunity for participants to expand their networks and knowledge through organized visits to the companies, founders, and investors that are of the most interest to them.

To participate in SVST, E&I students must do each of the following:

  • Be enrolled in 15.390 New Enterprises during the Spring semester of his or her first year.
  • Stay at the MIT-designated hotel, and pay the costs of the hotel accommodations, after subtracting the $350 deposit submitted during the summer.
  • Book their own travel arrangements to and from Northern California.

The four-day trip takes place during the week of the Spring Sloan Innovation Period (SIP) in March of the student’s first year. Those who wish to participate in other study tours, international treks, and classes during SIP week should be aware of this conflict before signing up for the E&I Track.

Every year we encourage and work closely with a volunteer sub-group of E&Is who take the lead in helping to organize the trip and who contact and schedule startup company visits. More information is provided during the introductory Fall seminar.

For more information about the MBA Entrepreneurship & Innovation Track, please call the Martin Trust Center for MIT Entrepreneurship at 617-253-8653 or email eitrack@mit.edu.

E&I Track Certificate Requirements

A Certificate in Entrepreneurship & Innovation will be awarded to those students who fulfill both their MBA degree requirements and the E&I Track requirements.

The E&I Track is flexible in approving appropriate substitutes or waivers of specific Certificate requirements. To request a substitution or waiver, please send an email in advance to Donna Levin at djlevin@mit.edu with supportive details.

Not all courses may be offered during the semesters indicated, and some of the courses shown below may have prerequisites. Please consult the MIT course catalog and the Fall and Spring course listings published by the Martin Trust Center. Course instructors can answer questions about prerequisites.

General E&I Requirement

Complete all of the following courses during the semester indicated.

  • 15.360 – Introduction to Technological Entrepreneurship (fall of 1st year; 3 units)
  • 15.390 – New Enterprises (spring of 1st year; 9 units)
  • 15.911 – Entrepreneurial Strategy (H2 spring; 6 units)
  • ES.580 – E&I Study Tour (spring of 1st year; 2 SIP credits; occurs during SIP week in March)

NOTE: You must be registered in 15.390 and take the E&I Study Tour for SIP credit in order to travel with the E&I Study Tour.

Firm-Level Requirement

E&I Track students must complete at least one of the following courses during their two years at MIT Sloan:

  • 15.389 – Global Entrepreneurship Lab (G-Lab) (fall through IAP, 12 units)
  • 15.399 – Entrepreneurship Lab (E-Lab) (fall/spring, 12 units)

Product-Level Requirement

E&I Track students must complete at least one of the following courses during their two years at MIT Sloan:

  • 15.366 – Energy Ventures (fall; 12 units)
  • 15.367J – Healthcare Ventures (fall; 12 units)
  • 15.371J – Innovation Teams (fall/spring; 12 units, special application required)
  • 15.375J – Development Ventures (fall; 12 units)
  • 15.376J – Media Ventures (spring; 9 units)
  • 15.378 – Building an Entrepreneurial Venture (fall/spring; 12 units, special application required)
  • 15.783J – Product Design & Development (spring; 12 units)

NOTE: Other subjects may fulfill this requirement if you receive permission in advance from the E&I Track faculty chair.

Startup Requirement

There are multiple ways to meet this requirement, for which no waivers will be granted.

E&I students must seriously engage in a startup. This includes assembling a team and working towards solving a problem or providing a new innovation. This can be achieved by students successfully completing one or more of the following:

ENGAGE in

  • MIT fuse – the Trust Center’s hands-on, immersive startup accelerator during IAP
  • MIT delta v – MIT’s highly competitive capstone, 12-week academic accelerator (June – early Sept.)
  • DesignX – an accelerator for ventures focused on design and the built environment (IAP through spring semester)
  • 15.378 (G) / 15.3781 (U) “Building an Entrepreneurial Venture: Advanced Tools and Techniques”
    • a competitive, semester-long course offered in both the fall and spring where at least two members of a team enroll and focus on their startup. (limited to 8 teams each semester)
  • Startup – students must apply their academic course work to starting a new venture and demonstrate the ability to attract a team and gain traction, such as acquiring customers, generating revenue, or securing funding.
  • Internship – completing an internship of four weeks or longer at an early stage startup company.

RECEIVE

  • Legatum Center Fellowship or Seed Grant – competitive programs for students pursuing entrepreneurship in the developing world. Grants may be applied for during the fall semester and Fellowships early in the spring semester.
  • Tata Center Graduate Fellowship – a two-week program during SIP as well as over the summer months for students who wish to combine technical expertise with an emerging economy in India. Applications are open in the winter.
  • Sandbox Innovation Fund – startup must receive funding of $10,000 or greater for their innovation-focused startup. The fund is a competitive process and teams must have preliminary market research and a viable business model to receive support. (applications are open in both the fall and spring semesters)

COMPETE in

  • MIT $100K Entrepreneurship Competition – the student business plan competition has three distinct phases — Pitch (fall), Accelerate (winter), and Launch (spring) — and students must reach the Launch phase to meet the requirement.
  • MIT Clean Energy Prize – a student-run business plan competition for ventures focused on generating energy, delivering energy, improving energy usage, or providing energy for developing economies. Submissions are due in January and February.

SERVE

  • Managing Director of the MIT $100K Entrepreneurship Competition
  • Managing Director of the MIT Clean Energy Prize
    • Students will manage a complete academic year of entrepreneurship-related coordination, including events, pitches, and fundraising, and are unable to compete in the competitions due to the conflict of interest.

 

Entrepreneurship Electives Requirement

Students must complete 18 additional units of “approved” entrepreneurial subjects.

Any course a student uses for E&I General, Firm-Level, or Product-Level requirements cannot be counted toward his or her Entrepreneurial Electives requirement. However, any course in the Firm-Level and Product-Level categories that were not used to fulfill those requirements can count toward the E&I Electives requirement. The following additional subjects are “approved” for the elective credits required by E&I:

  • 10.407 – Funding Strategies for Startups (spring; 6 units; half semester)
  • 15.071 – The Analytics Edge (spring; 12 units)
  • 15.356 – How to Develop Breakthrough Products & Services (spring; 6 units; half semester)
  • 15.358 – Software and Internet Entrepreneurship (spring; 9 units)
  • 15.363J – Strategic Decision Making in the Life Sciences (spring; 9 units)
  • 15.364 – Regional Entrepreneurship Acceleration Lab (fall; 6 units)
  • 15.366 – Energy Ventures (fall; 12 units)
  • 15.367 – Healthcare Ventures (fall; 12 units)
  • 15.369 – Seminar in Corporate Entrepreneurship (fall; 6 units; half semester)
  • 15.371J – Innovation Teams (I-Teams) (fall/spring; 12 units)
  • 15.375J – Development Ventures (fall; 12 units)
  • 15.376J – Media Ventures (spring; 9 units)
  • 15.385 – Social Entrepreneurship (spring; 9 units)
  • 15.386 – Managing in Adversity (fall/spring; 6 units; half semester)
  • 15.387 – Entrepreneurial Sales  (fall/spring; 12 units)
  • 15.389 – Global Entrepreneurship Lab (fall H2 into IAP; 12 units)
  • 15.392 – Scaling Entrepreneurial Ventures (spring; 9 units; half semester)
  • 15.394 – Dilemmas in Founding New Ventures (spring; 9 units)
  • 15.395 – Entrepreneurship Without Borders (fall; 6 units, half semester)
  • 15.399 – Entrepreneurship Lab (E-Lab) (fall/spring; 12 units)
  • 15.431 – Entrepreneurial Finance (spring; 9 units)
  • 15.615 – Basic Business Law for the Entrepreneur and Manager (fall/spring; 9 units)
  • 15.618 – Law and Cutting-Edge Technologies (spring; 9 units)
  • 15.828 – Product Management (spring; 9 units)
  • 15.912 – Strategic Management of Innovation and Entrepreneurship (spring; 6 units; half semester)