PROGRAM DETAIL


Degree Granted: M.E.I.

Qualification Framework: Level 8

Program Duration: 1 Academic Year

Program Level: Graduate

Program Entry: Regular / RPEL

Program Credits: 40 SCU / 40 SCH / 80 ECTS

Mode of Study: Distance Learning

Mode of Learning: Self-Paced with Structured Learning Phases

Mode of Assessment: Quiz, Assignment, Graduation Examination

Language: English

Location: Asynchronous

Total Tuition Fee: $18.000

Scholarships: Up to 90%

Start Date: Anytime

Student Support: 24/7

PROGRAM OVERVIEW

The Master of Entrepreneurship and Innovation (MEI) at Enigma Business School is an applied and venture-oriented graduate program designed to develop the mindset, skills, and strategic capabilities required to create, innovate, and scale new ventures and transformative initiatives within existing organizations.

The program treats entrepreneurship as a discipline of opportunity creation, innovation management, and value realization, integrating entrepreneurial theory, innovation frameworks, market experimentation, and real-world venture practices. MEI prepares learners to navigate uncertainty, design innovative solutions, and translate ideas into sustainable business models in dynamic global markets.

Delivered through a flexible distance learning model, MEI is ideal for entrepreneurs, innovators, intrapreneurs, and professionals seeking to lead innovation-driven growth.

 

Program Objectives

The MEI program aims to:

  • Develop advanced understanding of entrepreneurial and innovation processes
  • Strengthen opportunity recognition and venture design capabilities
  • Enhance strategic thinking in innovation and new business creation
  • Build competence in managing uncertainty, risk, and growth
  • Prepare graduates to lead entrepreneurial and innovation initiatives

 

Learning Outcomes

Upon successful completion of the MEI program, graduates will be able to:

  • Identify and evaluate entrepreneurial opportunities
  • Design innovative products, services, and business models
  • Apply innovation frameworks to real-world market challenges
  • Manage venture growth, scaling, and strategic partnerships
  • Demonstrate ethical judgment and leadership in entrepreneurial contexts

 

Student Profile

The MEI program is designed for:

  • Entrepreneurs and startup founders
  • Business owners seeking innovation-driven growth
  • Corporate innovators and intrapreneurs
  • Product, strategy, and innovation managers
  • Professionals transitioning into entrepreneurial roles

Why Choose This Program?

  • Strong focus on venture creation and innovation leadership
  • Integration of entrepreneurship theory with applied market practice
  • Emphasis on creativity, experimentation, and strategic execution
  • Flexible self-paced distance learning model
  • AI-supported learning for ideation and analysis
  • International accreditation program
  • ISO-certified institution
  • Global recognition and degree verification

Program Structure

The MEI program consists of 40 credits, structured into sequential Learning Phases that guide students from entrepreneurial foundations to advanced innovation strategy.

The curriculum is composed of:

  • Core Courses (70%) – 28 credits
  • Specialization Courses (30%) – 12 credits

Specialization courses are completed in the final Learning Phase, after mastery of core entrepreneurial foundations.

Learning Phase Framework

  • Phase 1: Foundations of Entrepreneurship and Innovation
  • Phase 2: Opportunity, Market, and Business Model Design
  • Phase 3: Venture Growth, Strategy, and Scaling
  • Phase 4: Specialization Phase

This phased structure ensures progression from ideation to value creation within a self-paced learning model.

Curriculum and Syllabus

Core Courses (28 Credits)

Course

Credits

Entrepreneurship Theory and Opportunity Recognition

4

Innovation Management and Creative Thinking

4

Business Model Design and Value Creation

4

Entrepreneurial Finance and Venture Funding

3

Market Validation and Customer Discovery

3

New Venture Strategy and Competitive Advantage

3

Risk Management and Entrepreneurial Decision Making

3

Scaling Ventures and Growth Management

4

Total Core Credits

28

Specialization Courses (12 Credits)

To be defined and selected in the final phase of the program.

  • Corporate Venturing And New Venture Creation
  • Business Modeling
  • Innovation Management
  • Venture Finance And Fundraising Strategies
  • Design Thinking And Product Validation
  • Startup Scaling And Growth Strategy
  • Entrepreneurial Finance
  • Entrepreneurial Digital Transformation
  • Micro, Small, And Medium Enterprises Consulting
  • Social Entrepreneurship And Impact Innovation

Specialization will allow students to focus on a specific business domain aligned with career interests and industry needs.

Learning Methodology

  • Self-paced online learning
  • Modular, venture-oriented course design
  • AI Teaching Assistant for ideation, validation, and analysis support
  • Applied cases, simulations, and venture-based assignments
  • Independent and reflective learning approach

Each Course consists of 12 Modules, forming one complete Learning Phase.

Entry Requirements

Applicants must meet the following criteria:

  • Bachelor’s degree or equivalent qualification
  • Entrepreneurial or business experience is recommended
  • English proficiency suitable for graduate-level study
  • Eligibility for RPEL and credit transfer may be assessed

Admissions Process

  • Online application submission
  • Academic and professional document review
  • Admission decision by the Academic Committee
  • Enrollment confirmation and onboarding

Admissions operate under a Rolling Admission System.

Assessment and Evaluation Method

All assessments are designed at graduate-level academic rigor, emphasizing opportunity analysis, innovation strategy, and applied entrepreneurial judgment.

Assessment methods include:

  • Module-based quizzes
  • Venture-focused analytical assignments
  • Applied innovation and business model analysis

The MEI program is coursework-based and does not require a thesis.

Completion Requirements

To be awarded the MEI degree, students must:

  • Successfully complete all required courses and credits
  • Demonstrate satisfactory academic performance
  • Adhere to academic integrity and ethical standards

Career Opportunities

Graduates of the MEI program are prepared for roles such as:

  • Startup Founder / Co-Founder
  • Chief Innovation Officer (CINO)
  • Innovation Manager
  • Venture Capital Associate
  • Business Development Manager
  • Product Innovation Lead
  • Corporate Strategy Manager
  • Intrapreneur (Internal Innovation Lead)
  • Incubator / Accelerator Manager
  • Management Consultant
  • Social Entrepreneur
  • Strategic Partnership Manager
  • R&D Strategy Manager
  • Angel Investor Analyst
  • Venture Builder
  • New Venture Consultant
  • Growth Hacking Specialist
  • Design Thinking Consultant
  • Product Manager
  • E-commerce Entrepreneur

International Accreditation And Global Recognition

The Master of Entrepreneurship and Innovation at Enigma Business School is internationally accredited by SEAAC (South East Asian Accreditation Council), ICDLA (International Commission for Distance Learning Accreditation), EDLC (European Distance Learning Commission), GABDE (Global Accreditation Board for Distance Education), and IAHRM (International Association of Human Resources Management). All of these institutions are highly respected accreditation bodies in ASEAN, EU and the USA.

Program Notes

The Master of Entrepreneurship and Innovation at Enigma Business School represents a forward-looking and applied graduate program that empowers learners to create value, lead innovation, and build sustainable ventures in an increasingly uncertain and opportunity-driven global economy.

Program Director,

Master of Entrepreneurship And Innovation (MEI)