McCombs MSTC Program in Austin

Founded 1996 · IC² Institute lineage · Hybrid, 12 months

The Master of Science in Technology Commercialization (MSTC) at UT Austin's McCombs School of Business teaches engineers, scientists and working professionals to take technology to market. George Kozmetsky's IC² Institute launched it in 1996, and its alumni include Apptronik co-founder Jeff Cardenas.

LAUNCHED 1996, IC² Institute LENGTH 12 months, three semesters COHORT About 80 students FORMAT Alternate weekends, in person or live VETERANS About 25% of recent cohorts CREDENTIALS STEM-designated, AACSB-accredited
Launched
1996
Length
12 months
Cohort size
About 80
Courses
12 required
Eduniversal rank
#1 public, #2 US

Overview

First Go-to-Market Graduate Program

MSTC was the first go-to-market graduate program in the United States and has run continuously since 1996. Kozmetsky, who founded the IC² Institute in 1977 to pursue his technopolis model, saw that engineers and inventors had no graduate path to commercialization skills, while MBAs trained general managers. Eduniversal ranks MSTC second in the US and first among public universities for technology commercialization.

MSTC is one of the McCombs specialized master's programs alongside the Master in Professional Accounting, MS in Business Analytics, Master in Finance and Master in Marketing. The Kozmetsky Scholar Award at commencement and the George Kozmetsky Tuition Waiver for UT employees carry his name. See UT Austin and the Kozmetsky Foundation.

Curriculum

Program Structure

The lockstep cohort takes 12 required courses over three consecutive semesters, from a May Launch Week in Austin to graduation the next May. Classes meet on alternating weekends at Rowling Hall or by live video, with recordings archived. The May and August Launch Weeks and the International Trip are in person; the rest can be done remotely. Course topics span AI, nanotechnology, robotics, biotechnology, energy and digital platforms.

MSTC curriculum by term
TermFocus
SummerIdea generation, market assessment, persuasion and marketing, financial accounting; May Launch Week
FallNegotiation, positioning, business models, capital raising, international commercialization; August Launch Week and International Trip
SpringOperations and launch planning, go-to-market strategy, organizational design, decision and risk analysis; capstone business plan before faculty, industry leaders and venture capitalists

Students

Cohort, Admissions and Faculty

Cohorts have run roughly 50% entrepreneurs, 40% corporate innovators and 10% commercialization specialists. About 25% of recent students are veterans or active-duty military, supported by the Texas McCombs MSTC Military Waiver and Post-9/11 GI Bill. Most keep their full-time jobs.

No technical degree is required. The GMAT or GRE can be waived for applicants with 15 years of work experience, five years of people or project management, an advanced degree, or an expired GMAT score; current UT undergraduates can apply through the MS Bridge Program.

McCombs faculty teach alongside Austin venture, corporate and startup practitioners. Senior Lecturer Rob Adams, Ph.D. is among the longest-serving MSTC faculty, and Brett Hurt, founder of several Austin startups and Hurt Family Investments, has worked with cohorts as a McCombs entrepreneur-in-residence.

Alumni

Notable Alumni

Other alumni work in product management, corporate innovation and venture capital at Tesla, Apple, Microsoft, Google, Oracle, IBM, Samsung Austin and Dell, and as founders and operators in Capital Factory and ATI companies. After 30 years of cohorts, earlier graduates mentor and introduce capital to later ones.

MSTC alumni ventures
AlumnusVenture
Jeff Cardenas (BBA '08, MSTC '13)Co-founder and CEO of Apptronik, maker of the Apollo humanoid robot; partners include Mercedes-Benz, GXO and Jabil
Datical foundersAustin database release automation company, rebranded as Liquibase
Seismos foundersSubsurface acoustic measurement for oil and gas
Draft App foundersDaily fantasy sports platform
Flipped Health foundersPatient engagement and care coordination

Context

Place in the UT Entrepreneurship Programs

See the McCombs Entrepreneurship Complex for the full set of programs.

UT Austin and Austin entrepreneurship programs by audience
ProgramServes
Harkey Institute and Herb Kelleher Entrepreneurship CenterUndergraduate entrepreneurship
Brumley Institute (Texas Venture Labs, TVL Accelerator)Graduate students across UT
KS WELIWomen-focused, cross-college entrepreneurship
Austin Technology Incubator (ATI)Deep-tech university spinouts
Capital FactoryAustin startup community
MSTCWorking professionals seeking graduate commercialization training

Record

Dataset Record

Sources
McCombs School of Business; IC² Institute; Eduniversal; Apptronik
Last verified
Q4 2026