Master of Science [MS] (Innovation and Entrepreneurship (Strategy Concentration))
Field of Study:
$69,870 /Yr
Boston University MS in Innovation & Entrepreneurship, Strategy Concentration is a 32-unit master’s degree in Boston, offered full-time on campus over 8 to 16 months. Indian applicants need a completed bachelor’s degree or equivalent, with Spring 2027 applications open and full-time two-semester cost at US$74,072 (INR 71.08 Lakhs).
The programme trains students to test venture ideas, price innovation risk and scale strategic business models. It fits applicants who want entrepreneurship depth without an MBA core, because the curriculum concentrates on innovation process, venture finance, marketing and project value.
- The Strategy concentration adds venture finance and project value courses to the common innovation and entrepreneurship core.
- On-campus international students can use the F-1 route only by enrolling full time with at least 12 units.
- BU MET publishes Spring, Summer and Fall 2027 on-campus start dates, which helps Indian applicants choose a visa-ready intake.
Current Admission Status
Applications for the Spring 2027 intake are Open. International student deadline: 15 October 2026.
Indian F-1 applicants should target Spring only if transcripts, English scores and bank documentation can be ready by 15 October 2026. Summer 2027 is the safer intake when visa documents need more preparation time.
Also Check: Boston University Admissions
Boston University MS Innovation & Entrepreneurship Fees 2027
BU MET publishes the Strategy concentration cost using 2026 to 2027 tuition and fee rates. The figures below apply to online and on-campus study, but Indian F-1 applicants must read the full-time rows.
Target-cycle fee context: the Spring 2027 on-campus route is open. The published full-time cost depends on whether a student finishes in two or three semesters.
| Cost item | Official amount | INR equivalent | Applicant meaning |
|---|---|---|---|
| Full-time tuition per semester | US$36,512 | INR 35.04 Lakhs | Charged when taking 12 to 16 units in a semester. |
| Full-time fees per semester | US$524 | INR 50,286 | Added to each full-time semester bill. |
| Two-semester full-time degree cost | US$74,072 | INR 71.08 Lakhs | Best fit for students attempting four courses per semester. |
| Three-semester full-time degree cost | US$82,387 | INR 79.06 Lakhs | More realistic if 12 units per semester protects visa status and workload. |
| On-campus master’s application fee | US$85 | INR 8,157 | Paid when submitting the BU MET graduate application. |
Source: BU MET MS in Innovation & Entrepreneurship, Strategy Concentration cost table and BU MET graduate application page.
All INR conversions in the article use a conversion rate of US$ 1 = INR 95.9664 as of 25 September 2026. Rates fluctuate daily, verify before applying.
The two-semester route is cheaper because it uses two full-time flat-rate semesters. However, taking 16 units each semester compresses venture finance, marketing and project value work into a heavier academic load.
Calculated first academic-year budget: the two-semester degree cost is US$74,072 (INR 71.08 Lakhs). Adding BU living and insurance gives US$105,061 (INR 1.01 Crore).
Also Check: Boston University Courses and Fees
Cost of Living in Boston for MSIE Students
BU’s International Students and Scholars Office publishes a Charles River Campus estimate for the 2026 to 2027 academic year. These figures support immigration document processing and should stay separate from rent searches.
Living-cost context: the table divides BU’s nine-month estimate by nine for monthly planning. The annual column keeps the official academic-year total.
| Expense | Monthly US$ | Monthly INR amount | Academic year US$ | Academic year INR amount |
|---|---|---|---|---|
| Room and board | US$2,330 | INR 2.24 Lakhs | US$20,969 | INR 20.12 Lakhs |
| Health insurance | US$413 | INR 39,613 | US$3,715 | INR 3.57 Lakhs |
| Books and supplies | US$146 | INR 14,000 | US$1,313 | INR 1.26 Lakhs |
| Incidentals | US$555 | INR 53,229 | US$4,992 | INR 4.79 Lakhs |
| Total living and insurance estimate | US$3,443 | INR 3.30 Lakhs | US$30,989 | INR 29.74 Lakhs |
Source: BU International Students and Scholars Office graduate estimate of expenses for the Charles River Campus.
The living estimate includes room, board, insurance, books and incidentals, so it should not be replaced by the F-1 visa fee budget. Students bringing dependants must add separate BU dependent estimates before requesting immigration documents.
Fee planning note
Use the official BU MET cost table before paying deposits, because summer enrollment can change the degree timeline and total bill.
ROI reality: The lowest published full-time degree cost is US$74,072 (INR 71.08 Lakhs), before Boston living expenses. Indian applicants should choose the faster route only if their academic capacity and funding plan support four courses each semester.
Boston University MS Innovation & Entrepreneurship Admission 2027
Admission is based on a completed degree, English readiness and a professional fit statement. BU MET states that GRE and GMAT exams are not required for graduate admission.
The programme is available on campus and online, but F-1 students must choose on-campus full-time study. Online students do not qualify for BU visa sponsorship.
Intakes and Study Modes
BU MET normally grants full-time admission in September, January and May. For Indian applicants, the key distinction is not academic content but visa eligibility.
| Mode or intake route | Published status | Indian applicant meaning |
|---|---|---|
| On-campus full-time | Available for Spring, Summer and Fall starts | Required for most new F-1 applicants because BU requires at least 12 units. |
| On-campus part-time | Available for the programme | Useful only when visa sponsorship is not needed. |
| Online study | Available with separate online starts | Not eligible for visa sponsorship, even when the academic programme is the same. |
Academic Eligibility
BU MET asks master’s applicants to hold a bachelor’s degree from an accredited US institution or an equivalent credential. The page explicitly includes a three-year international undergraduate degree as a possible equivalent.
Eligibility context: BU does not publish a minimum GPA for this MSIE Strategy concentration. Indian applicants should present transcript strength through grades, projects and the short answer.
| Requirement | Official rule | Indian equivalent or action |
|---|---|---|
| Degree | Bachelor’s degree or equivalent credential | Indian three-year or four-year bachelor’s degrees can be reviewed for equivalency. |
| Transcript | Unofficial transcripts can be uploaded during application | Use clear semester marksheets and degree documents when available. |
| Credential evaluation | Generally not required when transcripts are in English with grades and GPA | WES, ECE or The Evaluation Company may be used if BU requests evaluation. |
| Test requirement | GRE and GMAT are not required | Use work samples and the goal statement to show quantitative and venture readiness. |
| Recommendation letters | Not required for this master’s programme | Do not delay submission waiting for letters unless BU requests extra evidence. |
English Language Requirements
BU MET publishes recommended English scores and waiver routes for international graduate applicants. Scores are valid for review for up to two years.
English-score context: the current BU MET page names the new TOEFL scale, so applicants should not self-convert older TOEFL scores.
| Route | Published score or waiver | Indian applicant meaning |
|---|---|---|
| TOEFL iBT | Recommended overall score of 84, or 4.5 under the new January 2026 scoring system | Send the scale shown on the official ETS report. |
| TOEFL Essentials | Recommended score of 9 | Use this only when the test format suits your preparation plan. |
| IELTS | Recommended overall band score of 6.5 | Self-report the Test Report Form number and release scores to Boston University Graduate Programs. |
| Duolingo English Test | Recommended overall score of 115 | Email the required test details to BU MET after the result is available. |
| English waiver | Degree in English-medium instruction or two years of full-time US post-bachelor work | Upload documentation showing instruction language if the transcript is unclear. |
- Applicants from English-medium Indian universities should still prepare evidence because BU may request proof after document review.
- IELTS 6.5 and Duolingo 115 are practical alternatives when TOEFL slots are limited near the Spring deadline.
- The short answer should connect prior business, analytics or product experience to the Strategy concentration’s venture finance and scaling focus.
Check Out: Boston University Profile
Admission evidence note
Verify the current English and document rules on the official BU MET international requirements page, because TOEFL reporting changed after January 2026.
Tip for Indian students: The degree rule is flexible because BU MET can review a three-year bachelor’s credential. The stronger risk is evidence quality, so submit clean transcripts and proof of English-medium instruction when claiming a waiver.
Boston University MS Innovation & Entrepreneurship Application 2027
The next applicant-accessible intake is Spring 2027, because its international on-campus deadline falls on 15 October 2026. BU MET also publishes Summer and Fall 2027 deadlines for this programme family.
BU MET describes admission as rolling, with committees meeting on an ongoing basis after full application review. The deadline table publishes dates but does not publish a same-page portal cutoff time.
International on-campus deadline context: these dates apply to students who need on-campus study for F-1 visa sponsorship.
| Intake | International on-campus deadline | On-campus start date | Best use for Indian applicants |
|---|---|---|---|
| Spring 2027 | 15 October 2026 | 19 January 2027 | Use only when documents and funding evidence are nearly ready. |
| Summer 2027 | 15 February 2027 | 18 May 2027 | Use when English testing or financial documents need more time. |
| Fall 2027 | 1 June 2027 | 2 September 2027 | Use when scholarship review and visa preparation need the longest runway. |
The university timezone controls the application portal, because BU owns the submission system. Indian applicants should submit at least one full day before the listed date when payment, score delivery or transcript uploads are pending.
Application Checklist
The application is lighter than many MBA-style processes because recommendations and GRE or GMAT scores are not required. That makes the transcript, resume and short answer more important for showing fit.
Checklist context: the required materials below come from BU MET’s graduate application and international applicant pages.
| Component | Published requirement | Indian applicant action |
|---|---|---|
| Application form | Submit through the BU graduate application portal | Select the 2027 application and the on-campus full-time pathway. |
| Application fee | US$85 | Budget INR 8,157 for card payment before submission. |
| Resume or CV | Required professional portfolio item | Show venture, product, analytics, sales or operations evidence clearly. |
| Short answer | Explain how the chosen programme aligns with professional goals | Connect goals to strategy, venture finance and scaling decisions. |
| Transcripts | Upload transcripts from each university attended | Use consolidated and semester documents when both exist. |
| Visa documentation | Required after admission for students seeking F-1 status | Prepare passport and bank evidence before the admission decision. |
- Spring applicants should finish English testing before September 2026 so scores can reach BU before 15 October 2026.
- Summer applicants can use the extra months to strengthen the short answer with venture or product evidence.
- Fall applicants should compare the two-semester and three-semester cost routes before requesting the Form I-20.
Application timing note
Use the official BU MET graduate application page for the live portal and deadlines, because Spring, Summer and Fall 2027 are already listed.
Application tip: The 15 October 2026 Spring deadline is close enough that incomplete financial or English evidence can create visa risk. Summer 2027 gives Indian applicants a cleaner timeline without changing the academic programme.
Boston University MS Innovation & Entrepreneurship Scholarships 2027
BU MET funding is meaningful but not a full-cost plan for most Indian applicants. The current pages confirm merit review, Bridge to Boston and assistantships, but they do not publish a guaranteed scholarship amount for every admitted student.
Scholarship context: full-time master’s applicants are considered during admission, while assistantships require department follow-up after an offer.
| Funding route | Published value | INR equivalent | Eligibility and timing |
|---|---|---|---|
| BU MET Merit Scholarship | Amount not published | Amount not published | Automatic review for master’s applicants who submit by the relevant application deadline. |
| Bridge to Boston Scholarship | Up to US$5,000 | INR 4.80 Lakhs | Incoming full-time on-campus master’s students apply after admission and before classes begin. |
| Graduate assistantship | Up to US$6,180 per semester | INR 5.93 Lakhs per semester | MET graduate students may apply through departments, with possible priority for continuing students. |
| Administrative Sciences endowed scholarships | Amount not published | Amount not published | Scholarships such as Ann Crossland and Edgar B. Pitts include Administrative Sciences students. |
The Bridge to Boston award is the clearest published tuition offset for this on-campus profile. Its maximum value reduces the two-semester degree cost from US$74,072 (INR 71.08 Lakhs) to US$69,072 (INR 66.28 Lakhs) only if the full award is granted.
Merit review does not require a separate application, so the main action is submitting a complete admission file by the intake deadline. Assistantships can help living expenses, but new students should not treat them as guaranteed funding for the Form I-20.
Read More: Boston University Scholarships
Funding evidence note
Check the official BU MET scholarship page before budgeting, because several named awards are current but do not publish fixed target-cycle amounts.
Scholarship reality: The strongest confirmed award for the target profile is up to US$5,000 (INR 4.80 Lakhs). Treat BU MET funding as a cost reducer, not as the main source for tuition and Boston living costs.
Boston University MS Innovation & Entrepreneurship Salary 2027
BU MET does not publish a course-cohort placement report for the MSIE Strategy concentration. The available salary evidence is therefore university-cited market benchmarking, not confirmed graduate salary.
The Strategy concentration prepares students for innovation strategy, business development, product strategy and venture roles. That career fit depends on prior experience because the programme is a specialist MS, not a general MBA.
Outcome evidence context: the table separates BU-cited market data from official programme features, so applicants do not confuse labour-market salary with placement proof.
| Evidence type | Published figure | INR equivalent | Scope |
|---|---|---|---|
| University-cited market benchmark | US$98,958 average base salary | INR 94.97 Lakhs | Innovation managers, 2025, cited by BU from Indeed. |
| External labour-market benchmark | US$102,950 median annual wage | INR 98.80 Lakhs | General and operations managers, 2024, cited by BU from BLS. |
| Official programme work window | 12 months OPT | Not monetary | BU MET lists the programme as OPT designated for eligible student-visa graduates. |
| Course-cohort outcome | Not published | Not published | No salary, offer rate or employer report was found for this exact concentration. |
Source: BU MET Strategy concentration career outlook and programme page.
The ROI question is cautious because the verified two-semester academic cost is US$74,072 (INR 71.08 Lakhs). Adding BU’s living and insurance estimate creates a first-year planning budget near US$105,061 (INR 1.01 Crore).
- The market salary benchmarks are attractive, but they are not a promise of BU graduate employment.
- The 12-month OPT window means job search timing matters more for this non-STEM route than for STEM extension programmes.
- The Bridge to Boston maximum of US$5,000 (INR 4.80 Lakhs) lowers tuition pressure but does not cover Boston living costs.
- Applicants returning to India should compare the US$74,072 (INR 71.08 Lakhs) academic cost with Indian venture, product or family-business salary pathways.
US gross pay is not take-home income, because federal, state and city costs can change savings. Use an official tax calculator before estimating education-loan repayment from any salary benchmark.
ROI reality: This course can be rational for applicants with a clear innovation, product or venture path. The financial risk is high when the plan depends only on a US job after a 12-month OPT window.
USA Visa for Boston University MSIE Students 2027
International on-campus students normally use the F-1 student visa after BU issues the Form I-20. The visa application fee is US$185 (INR 17,754), and the I-901 SEVIS fee is US$350 (INR 33,588).
- BU MET lists the programme as OPT designated, giving eligible graduates 12 months of Optional Practical Training after completion.
- A STEM OPT extension is not published for this concentration, so students should not assume a three-year work window.
- H-1B sponsorship has no single national salary threshold, because employers must meet the higher of actual or prevailing wage.
- F-2 dependants can apply with their own documents, but spouse employment is not part of the F-2 route.
The settlement path is employer-led after study, usually through H-1B or another qualifying work category before any employment-based permanent residence route. Indian applicants should therefore treat visa sponsorship as a career risk, not as an automatic extension of admission.
Read More: USA Student Visa Guide
Visa reality: The verified post-study work window for this course is 12 months of OPT. Build the internship, networking and employer-search plan before arrival, because the programme page does not confirm STEM OPT.
Boston University MSIE Strategy fits Indian applicants who want focused innovation, venture finance and scaling coursework without the breadth of a general MBA. The strongest fit is a candidate who already has business, product, analytics or founder evidence to convert the curriculum into a targeted role. The main tradeoff is cost, because the two-semester academic bill is US$74,072 (INR 71.08 Lakhs) before Boston living costs. Applicants should choose Spring 2027 only when the 15 October 2026 deadline, funding evidence and visa timing are all manageable.
MS Innovation & Entrepreneurship FAQs
Ques. Is this Boston University course an MBA?
Ans. The supplied course ID resolves to the official MS in Innovation & Entrepreneurship, Strategy Concentration at BU MET. It is a specialist master’s degree, not a Questrom MBA.
Ques. What is the next deadline for Indian on-campus applicants?
Ans. The next target intake is Spring 2027, with the international on-campus deadline on 15 October 2026. Summer 2027 closes on 15 February 2027.
Ques. How much does the full-time MSIE Strategy degree cost?
Ans. BU MET lists the two-semester full-time degree cost at US$74,072 (INR 71.08 Lakhs). The three-semester full-time route costs US$82,387 (INR 79.06 Lakhs).
Ques. Does BU MET require GRE or GMAT for this programme?
Ans. No, BU MET states that GRE and GMAT exams are not required. The transcript, resume and short answer carry more weight for fit.
Ques. Can this course lead to a three-year US work window?
Ans. The official page lists 12 months of OPT for eligible student-visa graduates. A STEM OPT extension is not published for this concentration.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $69870 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $15450 |
| Health Insurance | $3715 |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $69870 |
| 2023 | $63798 |
| 2022 | $29280 |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline for Fall 2026 Intake | |
Scores Required
Required Document List
Complete Application
Application Fee
Official Transcripts
English Language Requirements
A copy of the Passport
Documentation of Financial Support
Resume
Two Letters of Recommendation
Personal Statement


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