Entrepreneurial Management

Overview

The Entrepreneurial Management degree provides the student with an opportunity to experience new business start-ups holistically and at a level of detail sufficient to develop a significant knowledge base in critical functional areas. Students will learn how to enhance their ability to create and cultivate ideas in the classroom and through practical application of learned competencies. This includes starting and running a micro-business on campus through the Entrepreneurship and Service Practicum course.

In addition to the bigger picture, students will address many detailed aspects of starting their own company, taking leadership of an existing business, or becoming a creative and innovative force in a larger organization. Relevant classes in finance, human resources, product management, and innovation and design will prepare students to lead in all types of business settings and structures. Students will also have the opportunity to choose one course to further integrate learning and practice.

Course Requirements for a B.A. or B.S. in Entrepreneurial Management

Course Requirements for a Entrepreneurship Minor

Courses

Examples of courses in this major:

BUS 2750 Entrepreneurship and Service Practicum

Students will apply concepts learned in common professional component courses to start and run a business. A business plan will be written, a loan obtained and products commercialized within the semester. Each student company will also serve a local nonprofit organization with their time, talent and company profits.

BUS 3260 Small Business Entrepreneurship

Small business planning to apply the fundamentals of planning, organizing, leading and controlling to the specific requirements of small business marketing, finance, production and personnel. Practical application and case study is emphasized.

BUS 3510 Innovation and Design for Business

An introduction into the invention, design and prototype processes leading to the launch of a new product. This includes the importance of new ideas and innovation within the organization with a focus on entrepreneurship and a discussion of the strategies necessary for implementing innovative concepts and driving creativity throughout an organization.

BUS 4240 Human Resources Management

An examination of the personnel functions in the business organization, particularly job analysis, recruitment and hiring, training, performance appraisal, compensation, the psychological forces motivating workers, discipline and morale within a heightened awareness of legislative and regulatory oversight.

FIN 3350 Entrepreneurial Finance

This course focuses on funding and managing entrepreneurial ventures through the various stages of business growth. The course will develop skills related to the creation and understanding of business models and the types of organizations and the various ways these organizations can be financed. Students will learn: 1) the value of pro forma financial planning and "what if" analysis, and 2) the various ways to fund and manage a growing firm with a particular emphasis on deal structure and risk/reward scenarios for different investor types. The class will utilize cases based on real world companies from various industries to cover topics in investment analysis, financing the entrepreneurial firm and financially managing the growing business.

Faculty