The MS in Innovation & Management (MSIM) is a fast-paced, full-time graduate program that provides you with business, leadership, and entrepreneurial skills. Whether you aspire to work in new product development, business or data analytics, product management, within an established company—or even launch your own venture—the MSIM program prepares you to navigate ambiguity, lead teams, and shape the world through innovation, all in as little as one year.

Built for recent graduates and early-career professionals who combine technical expertise with creative ambition, this immersive program transforms innovative thinking into real-world impact. Through hands-on venture creation projects and collaborative problem-solving, students gain the complete skillset needed to drive innovation in any context—from startups to Fortune 500 companies.

Program Highlights

The MSIM program is built around three semesters of Innovation Sprints. These intensive team projects immerse students into the entire innovation cycle. As you test out business solutions you will be:

Engaging with customers and testing solutions to real-world problems.
Developing in-demand skillsets and inspiring your creativity.
Building expertise in marketing, product management, data science, and operations.
Learning from practitioner faculty who bring their own business experiences directly into the classroom.
Expanding your network industry experts across the innovation hub of Boston.

Program Extensions

Customize your MSIM path with options designed to amplify your innovation impact:

Graduate Education Co-Op: Explore roles in innovation, product development, and other related fields through up to six months of full-time work experience for academic credit. Gain real-world validation of your interests before launching your career.
Extended Study and Training Option: International students can extend their innovation journey while building crucial US industry connections. Take advantage of Curricular Practical Training (CPT) to deepen your market understanding.
Dual Degree Master’s Opportunity: Pair your MSIM with a technical MS to combine entrepreneurial thinking with deep domain expertise. This powerful combination comes with savings of up to 20% on both degrees.
Accelerated Fifth-Year Master’s Program: Tufts undergraduates can leap directly from bachelor’s to innovation leadership in just one additional year. Save time and tuition while accelerating your mastery of management skills.

Program Outcomes

In a time of rapid technological and societal change, the MSIM program will prepare you to drive the development of new innovations, lead teams, and propel your career to new heights. The program’s emphasis on learning by building also ensures graduates emerge with both the confidence and proven experience to shape the future through innovation.

MSIM alumni learn to leverage their unique combination of business fluency, technical expertise, and entrepreneurial mindset to excel in roles spanning product management, business analytics, technology strategy, and venture development.

Check out how some MSIM alumni are leveraging their degree.

Application Requirements

Application Fee
Résumé/CV
Transcripts
Letters of recommendation
Personal Statement
Optional GRE or GMAT scores
- Optional unless applying to the Dual Degree program and required for the technical MS degree.
TOEFL, IELTS, or Duolingo test scores (if applicable)

Tuition & Financial Aid

At Tufts University, we believe every qualified applicant deserves the opportunity to pursue graduate study. We are dedicated to helping you understand your financial options and to ensuring that graduate education at Tufts is both accessible and within reach.

Tuition costs for this graduate program are billed at a per credit rate:

Estimated Tuition for MS Program
Tuition*	$1,799 per credit
Total Credits Required	30
Enrollment Status	Full-Time: 3-4 courses per semester (9-12 credits) Part-Time: 1-2 courses per semester (3-6 credits)
Estimated Tuition per Semester	Full-Time: $16,191 - $21,588 per semester (9-12 credits) Part-Time: $5,397 - $10,794 per semester (3-6 credits)
Estimated Total Tuition*	$53,970

*Estimated based on 2025-2026 tuition rates. Rates are subject to change each academic year. For further information about the full cost of attendance, including additional fees and estimated indirect costs (housing, transportation, etc.), please visit Student Financial Services.

The Tufts University School of Engineering offers partial, merit-based tuition scholarships for the majority of our graduate and certificate programs. All applicants are automatically considered for these awards as part of our holistic admissions review process—no separate scholarship application or additional materials are required.

Additional funding opportunities may include Tufts Double Jumbo Scholarships for Tufts graduates, Bridge Program Scholarships for students and alumni from select partner institutions, and veteran and military education benefits for eligible service members and their dependents, including participation in the Yellow Ribbon Program.

To further support your investment in a Tufts graduate education, a range of financing options are available, including federal and private student loans. For more details, please visit our Graduate Financial Aid page.