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Carleton University

Master in Applied Science Technology Innovation Management


Average salary


1-2 years

Program Length 



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Introduction – Carleton University 

Carleton University

Carleton University was founded by the community in 1942 to fulfil the needs of soldiers returning from WWII. It is located on indigenous Algonquin land next to the historic Rideau Canal, which is a UNESCO World Heritage Site. 

Carleton TIM Overview

The Technology Innovation Management (TIM) program at Carleton is a unique master’s program designed to train aspiring entrepreneurs on not just creating but also multiplying wealth at the early stages of company or opportunity life cycles. The program focus is on the launch and growth of technology companies and growth seeking initiatives of existing companies. The program provides benefits to new founders, people seeking senior leadership roles and talented professionals building expertise for their next career move. All in all, the program offers a number of hands-on opportunities for growth.



Carleton TIM Highlights

                               Alumni network


Program Pathways 

Course Work, Research and Engineering Project

Student Faculty Ratio


International Students


Program and Curriculum

The TIM program offers 3 different degrees, all offered jointly by the Faculty of Engineering and Design and Sprott School of Business. The Master of Applied Science (MASc) degree is thesis-based. Students undertake original research under the supervision of an experienced faculty member.
The Master of Engineering (MEng) degree is project-based. Students employ applied research to solve a client problem.
The Master of Entrepreneurship (MEnt) degree is also project-based. Students employ applied research to improve the health of the business ecosystems.

  • Principles of Technology Innovation Management
  • Technology Entrepreneurship
  • Issues in Technology Innovation Management
  • Research Methods in Technology Innovation Management
  • Customer Value Creation in Technology Firms
  • Management of Software Engineering Projects
  • Integrated Product Development
  • Advanced Topics in Technology Innovation Management
  • Directed Studies in Technology Innovation Management
  • Designing Innovation Communities
  • Open Source Business
  • Technology and Wealth
  • Engineering Management Processes
  • Communications Systems Engineering
  • Technology entrepreneurship
  • Economic development
  • Open source business
  • Managing innovation

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More than one third of TIM graduates leave with both a degree and a brand new technology company.
Graduates are also equipped to follow career paths in a variety of business settings.


Average Salary 



Top companies recruiting from LBS

  • Amazon
  • Facebook
  • Accenture
  • Oracle

Return on Investment (ROI)

Tuition Fees   $22,979
Cost of Living $13,354
Miscellaneous expenses $3,000
Total Investment      $39,333
Average Salary     $44,259 ​
Amount Recovery (setting aside 25% of earnings)    3 years

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Carleton University Alumni Info 

The Carleton University alumni network is a storehouse of successful stories of top technology managers.  More than 165,000 alumni are working across different sectors in over 155 countries availing exchange between students and management across globe. In addition, the network organizes more than 1000 events to facilitate exchange between students and members and provide counselling to prospective students. As a result, 90% of TIM graduates get placed within three months of graduation

Class Profile

Class Size


Student Faculty Ratio


Work Experience

2 Years 


  • Students must have a 4-year bachelor’s degree in a related field from a recognized institution.
  • The related fields include a UG degree in Marketing, Finance, Arts, Science, Government, Retail, Manufacturing.
  • GPA of at least 3.0/4.33 (B grade) which is the equivalent of 8.0/12 on Carleton’s scale is required to be eligible for the program.
  • To apply for the MBA programme, students must have two years of professional job experience. 

Other Countries Students Eligibility 

  • Completed both a Bachelor’s (3 years) degree and a Master’s degree.
  • Or, completed a Bachelor’s degree requiring 4 years of study (e.g., B.Pharm., M.B.B.S, or B.Arch).
  • Or, obtain a first-class division (75% or above, Distinction or Outstanding).
  • Or, complete 3-year UG from an institution accredited by either AACSB, EQUIS or AMBA.
  • International students from non-English speaking countries must also demonstrate English proficiency by the IELTS/TOEFL/any comparable test, in addition to meeting the basic qualifying requirements.







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Application Information

The application requirements for Carleton University are given below. Entrance exams scores are required for CU TIM like the GRE/GMAT score. The applicant is recommended that a strong essay, LOR, and other transcripts help you gain admission at CU. GMAT/GRE scores are also required. The application fees: $100

Application Documents

  • Copy of all post-secondary transcripts
  • Letter of recommendation completed electronically by your referees
  • Statement of intent
  • CV/Resume
  • GMAT, GRE & Other test score(s)
  • Language Proficiency (ESL Test Scores)
  • Funding Sponsorship Proof

Application Essays

The CU TIM application comprises three long essays and some short answer questions. CU takes its essays very seriously and uses them as a medium to understand the strengths and weaknesses of prospective students. In addition, it helps them better understand the applicant’s profile. So, make sure your essays as an applicant are top-notch.

Statement of Intent


Let us read through what we have learnt till now about TIM.

  • Technology in Management is a joint program offered on full-time basis. 
  • The programme focuses on the start-up and expansion of technological firms, as well as existing companies’ growth-seeking efforts.
  • The graduates are also equipped for management careers in a variety of businesses.
  • The Faculty of the department has received many awards like Internal awards, External Awards, Teaching Awards.
  • Carleton University has an acceptance rate of 21%, compared to other Canadian universities.

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