Entrepreneurial Management: Major and Minor

An Entrepreneurial Management major (20 credits) or minor (16 credits) is for the person interested in successfully organizing, owning, managing and assuming the risks of a business (entrepreneurship), or successfully assisting organizations in developing new business opportunities (intrapreneurship). Curriculum is designed to range from introductory fundamentals through the development and implementation of real business opportunities.

Our program mission is to provide current and future business professionals with the necessary tools to successfully form and develop businesses, and to enable students to function as entrepreneurs or as productive members of emerging, entrepreneurial, or high potential firms. Businesses, large and small, recognize the need for entrepreneurial skills in today’s rapidly changing marketplace. These organizations require individuals with the ability to manage risk, manage across functional boundaries, and creatively engage and adapt to an environment that is constantly changing. Our objective is to develop the next generation of creative, entrepreneurial leaders.

Required Courses

MGMT 3010: Introduction to Entrepreneurship (4 cr.) This course provides students with insights into the entrepreneurial process and entrepreneurship as a career. Careers include those associated with starting a business, buying a business, running a business, assisting/consulting for entrepreneurial businesses, developing entrepreneurial endeavors within a large corporation, and investing in entrepreneurial businesses. Also, the course is designed to help the student build foundation entrepreneurial skill sets in the basic functional areas and refining those through lecture, guest speakers, in-class exercises and a new venture project.

MGMT4008: Entrepreneurial Management (4cr.) Assessing opportunities, managing constraints in developing new business. Structuring the venture, perceiving critical issues, obtaining skills needed to succeed. Management, operations, marketing, financial, legal, and competitive issues. Business plan for start-ups, buyouts, franchises, and family firm. (Prerequisites: Completion of core recommended, MGMT 3010 or concurrent enrollment)

MGMT4050: Management of Innovation and Change (2 cr.) This course developsthe managerial skills and knowledgeneededto run an entrepreneurial business. Skills include problem analysis and solution formulation. Alongside this, the course provides students with secondary experiential knowledge that enables them to understand the challenges and opportunities that arise in entrepreneurial and intrepreneurial endeavors so that they can accurately assess those situations and deploy relevant solution models. Lastly, problem identification and solution formulation is made relevant through sound research. Learning how to conduct research and apply it to problems and solutions is a key goal in this course. (Prerequisites: MGMT 3001)

MGMT4177: The Business Plan (2 cr.) This course provides students with a business planning skill set that will enable them to conceive and write strategic business plans for the entrepreneurial enterprise and the ongoing business. This includes formulation of sound ideas, understanding relevant business planning models, building relevant strategic and tactical plans and underscoring this with the utilization of research tools relevant to this process. (Prerequisites: MGMT 3010)

ElectiveCourses - Entrepreneurship

BA 3900: Entrepreneurship in Action (2 semester, 8 cr.) The EIA requires students to conceive of, plan, launch, and operate a business. Students gain hands-on experience with all aspects of business including strategy, sales and marketing, finance and accounting, operations, human resources, supply chain and information technology. The course runs for two semesters during a student’s senior year. In the fall, students identify a business opportunity, develop the concept, determine the resources required, and acquire the resources to launch the business. In the spring, the students implement the business plan, manage the business, and determine the exit strategy for the business. (Application required)

BA 3900: Entrepreneurial Perspectives Class (2 cr.) Students interact directly with founding entrepreneurs of leading MN businesses and study their successes and failures. Students are paired with a founding entrepreneur to write a paper and analyze why their business has succeeded and how they have developed and maintained an innovative and entrepreneurial company. Students later analyze the papers from six other entrepreneurs who share their perspectives in class. (Prerequisites: MGMT 3010 or concurrent enrollment)

Requirements to Complete Major: / Requirements to Complete Minor:
MGMT 3010: Introduction to Entrepreneurship (4 cr.)
MGMT4008: Entrepreneurial Management (4cr.) (Prerequisites: Completion of core recommended, MGMT 3010 or concurrent enrollment)
MGMT4050: Management Innovation/Change (2 cr.) (Prerequisites: MGMT 3001)
MGMT4177: The Business Plan (2 cr.) (Prerequisites: MGMT 3010) / MGMT 3010: Introduction to Entrepreneurship (4 cr.)
MGMT4008: Entrepreneurial Management (4cr.) (Prerequisites: Completion of core recommended, MGMT 3010 or concurrent enrollment)
AND
MGMT4050: Management Innovation/Change (2 cr.) (Prerequisites: MGMT 3001)
OR
MGMT4177: The Business Plan (2 cr.) (Prerequisites: MGMT 3010)
Plus 8 Credits of Electives Among: / Plus 6 Credits of Electives Among:
BA 3900: Entrepreneurship in Action (8 cr., 2 semester)
BA 3900: Entrepreneurial Perspectives (2 cr.)
ACCT 3201: Intermed. Managerial Accounting (2 cr.)
ACCT 5100: Corporate Financial Reporting (4 cr.)
ACCT 5160: Financial Statement Analysis (2 cr.)
BLAW 3058: The Law of Contracts and Agency (4 cr.)
FINA 4241: Corporate Financing Decisions (4 cr.)
FINA 4242: Corporate Investment Decisions (4 cr.)
FINA 4641: Int’l Finance & Risk Management (4 cr.)
HRIR 3031: Staffing & Selection (2 cr.)
IDSC 3202: Analysis/Modeling- System Devel. (4 cr.)
INS 5100: Corporate Risk Management (2 cr.)
INS 5201: Personal Financial Management (2 cr.)
MGMT 4002: Managerial Psychology (4 cr.)
MKTG 3010: Marketing Research (4 cr.)
MKTG 4030: Sales Force Management (4 cr.)
MKTG 4050: Marketing Communications (4 cr.)
OMS 3041: Project Management (2 cr.)
OMS 3056: Supply Chain Management (2 cr.) / BA 3900: Entrepreneurship in Action (8 cr., 2 semester)
BA 3900: Entrepreneurial Perspectives (2 cr.)
ACCT 3201: Intermed. Managerial Accounting (2 cr.)
ACCT 5100: Corporate Financial Reporting (4 cr.)
ACCT 5160: Financial Statement Analysis (2 cr.)
BLAW 3058: The Law of Contracts and Agency (4 cr.)
FINA 4241: Corporate Financing Decisions (4 cr.)
FINA 4242: Corporate Investment Decisions (4 cr.)
FINA 4641: Int’l Finance & Risk Management (4 cr.)
HRIR 3031: Staffing & Selection (2 cr.)
IDSC 3202: Analysis/Modeling - System Devel. (4 cr.)
INS 5100: Corporate Risk Management (2 cr.)
INS 5201: Personal Financial Management (2 cr.)
MGMT 4002: Managerial Psychology (4 cr.)
MKTG 3010: Marketing Research (4 cr.)
MKTG 4030: Sales Force Management (4 cr.)
MKTG 4050: Marketing Communications (4 cr.)
OMS 3041: Project Management (2 cr.)
OMS 3056: Supply Chain Management (2 cr.)

The Entrepreneurship Club is the largest and most dynamic student organization on campus. All entrepreneurship major and minor students are encouraged to participate. E-Club invites leading entrepreneurial speakers over lunch each Wednesday and Thursday in room 1-114.

For more information on entrepreneurship courses and programs please contact:

John Stavig, Professional Director

Center for Entrepreneurial Studies

Harry Sapienza, Academic Co-Director

Center for Entrepreneurial Studies

Shaker Zahra, Academic Co-Director

Center for Entrepreneurial Studies