MiniMasters™ in Technopreneurship and Innovation

Course Details

The MiniMasters™ in Technopreneurship and Innovation is a specially designed, government subsidised programme for working professionals who are looking to learn about entrepreneurship, the essential skillsets required, and turning novel ideas into successful ventures.

All courses will be held online via the NTU Virtual Learning Environment.

                       

Course Duration

9.5 months

Course Mode

Part-time

Course Intake

July 2021

     

Course Overview

The MiniMasters™ in Technopreneurship and Innovation equips participants with essential entrepreneurial skills and business acumen to turn novel ideas into successful ventures. This MiniMasters™ offers a springboard for participants with entrepreneurial intentions to work with leading educators, researchers, inventors and business leaders around the world.

Upon successful completion of this course, participants will be able to transfer earned credits towards the Master of Science in Technopreneurship and Innovation degree.
     

Course Highlights

This course enables students to form a general understanding of entrepreneurship and it lays a good foundation for students to develop further skills and more specific knowledge in related areas.

Entrepreneurship is more than merely writing up a business plan. Thus, the course through practical pedagogical approaches to teaching, seeks to encourage entrepreneurial thinking and the integration of course readings, real life cases/examples and the collective experience of students. Students will study entrepreneurship theoretical frameworks that help to conceptualize and develop new enterprise, supplemented by the practical application through active participation in a highly interactive class and group discussions, including class projects and case studies.

This course enables students to explore an idea and turn it into a business opportunity and then into a business plan for operations. It helps students develop and systematically apply the entrepreneurial way of thinking. While illustrating ongoing management challenges for entrepreneurial ventures and integrating the basic knowledge of accounting, management, and marketing, the students will understand more on the conceptualization, planning, and starting up of a business.

Frequently the success of a new venture is not just a good product – but combined with good marketing. Yet many ventures are started without a market orientation – which can be a costly and fatal mistake. This course combines marketing approaches with insights on how marketing principles are applied in new ventures and entrepreneurial business situations. While fundamental marketing principles are still relevant, these will be applied with an entrepreneurial angle that is characterized by innovativeness, opportunity gap focus, resource leveraging, customer intimacy; differential competitive advantages and value creation that is aligned with changes in the business landscape.

The course enables students to discover how adopting entrepreneurial marketing thinking will help them to:

  1. Gain an understanding of the functional role of marketing in the wider context of a business and entrepreneurship setting
  2. Answer the crucial "What am I selling, to whom and why, and how can I be a market leader" question
  3. Appreciate marketing from both a conceptual and entrepreneurial real-world application basis
  4. Apply digital marketing techniques in a real-life situation
  5. Assess the role of digitalization in the development of an entrepreneurship venture
  6. Evaluate how contemporary marketing techniques can be used for maximizing entrepreneurial success

The start-up scene in a global context is exploding, with increasingly more new start-ups raising large amounts of venture capital and disrupting existing business models on a grand scale. What does it take to finance new ventures? Typical start-ups and young companies have impressing financial needs but face limited access to traditional financing enjoyed by well-established firms. Investing in such new ventures is characterized by very high degrees of uncertainty and complex asymmetries of information between investors and the entrepreneur which can lead to misalignment of incentives and conflicts of interest. Understanding the appropriate modes of financing new ventures at different stages is highly important for entrepreneurs. They need to learn how to value new venture as well as to structure financing as the new venture progresses.

Learning Objectives

  1. To provide students with the knowledge to do an advanced analysis of the major issues associated with venture capital and private equity
  2. To provide students with knowledge and skillset to raise angel or venture capital investment to finance start-ups or venture high growth
  3. To enable students to evaluate the differences in investing and the potential risks and returns
  4. To enable the students to analyze the rationale for investing: diversification, control and return enhancement
  5. To evaluate the different stages of venture capital investing, the investment process for typical venture investment, and the qualities that a venture capital firm looks for in a potential investment
  6. To evaluate the key factors affecting the performance of venture capital investments and how the risk/return tradeoff of investing in later-stage firms, compared with early-stage startups and public equity investment

Entrepreneurs need to explore the multiple dimensions of venture growth, such as new products, new services, new markets, new customers, and new business models, through various framework and approaches. Students in this course will develop plans for ventures to grow by leveraging current capabilities of the venture and to develop new ones. This course is particularly useful for entrepreneurs who are setting off with the opportunities identified and bringing their firms to achieve and sustain their competitiveness and employing relevant strategies in the changing landscape, through the various stages of the industry life cycle.

After completion of the course, the student will be able to:

  1. Understand what growth is, and how it is different from achieving efficiency
  2. Become familiar with techniques and frameworks to asses growth opportunities
  3. Act upon growth:
    • identify situations/opportunities for growth
    • craft action plans to address opportunities/situation through a doable path to achieve growth
  4. Know how to develop user-centric products according to customer behavior
  5. Understand the various finance options available to businesses and make smart financial planning for business growth
  6. Have a better understanding of the role of the Manager of a Growing Venture
  7. Develop effective management skills such as written communication skills (i.e. memos, proposals, and reports), presentation and interviewing skills, as well as teamwork skills, i.e., leading and being led

Students not only need to develop deep knowledge and advanced skills in certain function areas related to entrepreneurship and innovation, they also need to widen their horizons, especially on emerging technologies, and gain multiple perspectives through access to technology experts' real life entrepreneurship stories and information. The course provides valuable channels necessary for students interested in entrepreneurial careers and introduce them to resources in the entrepreneurial arena while providing a platform for networking and career development.

This course aims to enable students to:

  1. Gain technology exposure
  2. Identify the economic value of technologies
  3. Create business opportunities
  4. Develop innovative and viable business model
  5. Design the technology commercialization process

Course Schedule

Please download the course schedule for MiniMasters™ in Technopreneurship and Innovation here.

     

Admission Info

Anyone who are looking to learn about Technopreneurship and Innovation and holds one of the following:

Diploma in any discipline from the following polytechnics, Singapore Polytechnic, Ngee Ann Polytechnic, Temasek Polytechnic, Nanyang Polytechnic or Republic Polytechnic. 

A bachelor’s degree in any discipline.

Full Course Fees

Funding Type​​ Fees GST (7%) Fees Payable:
Full Course $27000.00 $1890.00 $28890.00
Per Module $5400.00 $378.00 $5778.00


1. SkillsFuture Series

Full Course Fees

Funding Type​​ Subsidy Criterial​​ Programme
Base Grant 70% Singaporean /​​ Singaporean PR age 21 and above Course Fee: $27000 - $18900
GST: $567
Full Fee Payable: $8667
Mid-Career Enhanced Subsidy (MCES) 90% Singaporean age 40 and above Course Fee: $27000 - $24300
GST: $567
Full Fee Payable: $3267
Enhanced Training Support for SMEs (ETSS) 90% Singaporean / Singaporean PR who is SME sponsored Course Fee: $27000 - $24300
GST: $567
Full Fee Payable: $3267

Course Fees per module

Funding​​ Type Subsidy Criterial Programme
Base Grant 70%
(capped at $13,000)
Singaporean / Singaporean PR age 21 and above Module Fee: $5400
GST: $113.40
Fee Payable: $1733.40
Mid-Career Enhanced Subsidy (MCES) 90%
(capped at $13,000)
Singaporean age 40 and above Course Fee: $5400
GST: $113.40
Course​ Fee Payable: $653.40
Enhanced Training Support for SMEs (ETSS) 90%
(capped at $13,000)
Singaporean / Singaporean PR who is SME sponsored Course Fee: $5400
GST: $113.40
Course​ Fee Payable: $653.40


2.
SkillsFuture Credit

Singapore Citizens aged 25 and above may use their SkillsFuture Credits (up to S$500) to pay for the course fees. The credits may be used on top of existing course fee funding. This is only applicable to self-sponsored participants. Applications via MySkillsFuture.sg must be made within 60 days before course commencement. Please click here for the user guide on how to submit your claim.

From 1 April 2020, a one-off SkillsFuture Credit top-up of $500 will be provided to every Singapore Citizens aged 25 years and above as at 31 December 2020. This top-up will expire on 31 December 2025. Eligible Singaporeans can now start using their one-off credit top-up to offset the full fee payable.

3. Absentee Payroll

Companies who sponsor their employees for the course may apply for Absentee Payroll via the SkillsConnect system. For more information, please visit SkillsConnect. 

4. NTU Alumni Course Credit

From 1 July 2019, NTU alumni may utilise their course credits of S$1,600.00 to co-pay up to 50% of the nett fee (exclusive of prevailing GST) payable for courses with starting date from 1 July 2019 onwards. There will be no administrative fee involved for the use of NTU Alumni Course Credits on courses with starting date from 1 July 2019 onwards. For more information, please visit here

5. SEP Training Allowance

Leveraging the Government’s Self-Employed Person (SEP) Support Scheme and co-funded by the Government and NTUC, the NTUC Training Fund (SEPs) now allows SEPs to earn as they train.  It also aims to support SEPs in deepening and/or acquiring new competencies during this lull period, in preparation for when the economy picks up and new opportunities arise. For details, please click HERE​.

Class Participation and Attendance: 20%
Assignments/Quizzes: 30%
End of Course Assessment/Projects: 50%

Applicate must submit their highest educational transcript for verification purposes.

Registration

Registration is currently closed.

     

For enquiries, contact us at

Ms Wang Jingwei / Mr Ambrose Chia   ntc_minimasters@ntu.edu.sg

Registration is currently closed.

To be confirmed.

Apply now

Contact Us

Ms Wang Jingwei / Mr Ambrose Chia


 

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