The program will focus on:
- identifying, analyzing and evaluating global and local business opportunities;
- creating new independent business ventures or new ventures within existing firms;
- developing creativity and understanding innovation;
- ethical and social responsibilities for entrepreneurs;
- environment assessment for new ventures;
- marketing research;
- financial planning;
- developing effective business plans to obtain financing;
- sources of capital;
- legal issues related to starting and operating a business;
- valuation;
- family owned businesses;
- succession;
- opportunities for women and minority entrepreneurs.
Students who graduate with a major in entrepreneurship will be able to:
- Be critical thinkers who are capable of identifying business opportunities by using cutting-edge analytical tools and problem-solving skills to start new businesses and implement processes to successfully operate these businesses.
- Communicate clearly and effectively using both written and oral forms of communication, to develop and evaluate business plans and funding proposals.
- Use information technology to manage venture projects and schedules, build financial statements, risk evaluation, and forecasting.
- Apply relevant financial principals to assess start up capital needs, cash flow needed for growth, break-even analysis and pre-and post-funding valuation.
- Effectively understand and implement a marketing plan for a new venture.
- Understand ethical issues related to owning a business, and the responsibility to both investors and employees.
- Apply interpersonal skills to effectively market a product or service, and develop skills needed to effectively lead an organization.
- Start a successful business.