MGMT 3010: Introduction to Entrepreneurship (4 cr.) This course provides an overview to students regarding the role of entrepreneurship in our economy and to the process of new venture creation. The course is intended to broadly introduce the set of skills known to have an impact on entrepreneurial success. The students are introduced to various forms of entrepreneurial pursuits including independent start-ups, venturing within established organizations, franchising, and acquiring existing businesses. The course is delivered through formal lecture, guest speakers, group work and a variety of experiential exercises. NOTE: In addition to the standard sections, this course offers one section each fall semester that focuses on technology-based entrepreneurship and one section each spring semester that includes a 2-week trip to Shanghai and Beijing, China.
MGMT 3070: Entrepreneurship in Action (2 semester, 8 cr.) In this full year class, students conceive, 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, 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)
MGMT 3070 – NEW SPRING 2009: New Venture Finance (2 cr.) This course is designed for students who are interested in starting, joining or acquiring their own businesses; as an investor. The course objectives are to help students achieve an understanding of how America ’s financing system works for all types of business ventures – with an emphasis on financing of high-growth ventures. Students will learn how to translate a business plan to a financing plan; to develop alternate financing plans for a specific business/plan; choosing the “best” one based on financial and non-financial criteria; financial institutions in the U.S., what they finance and their financing criteria; financing instruments used to finance business ventures in the U.S. – when to use them and why. Methods used: cases, exercises, developing financing plans, guest speakers. (Prerequisites: MGMT 3010, ACCTG 2050, FIN 3001)
MGMT 3090: Entrepreneurial Perspectives Class (2 cr.) Students interact directly with founding entrepreneurs of leading Minnesota businesses and study their successes and failures. Students are paired with an entrepreneur to write a paper on the launch and development of their entrepreneurial firms. Students later analyze the cases of five other entrepreneurs who share their perspectives in class. (Prerequisites: MGMT 3010 or concurrent enrollment)
MGMT 4008: Entrepreneurial Management (4 cr.) This course focuses on developing the students’ ability to manage a business enterprise. It explores how business models change from start-up through maturity, as well as key challenges at each stage of growth. It also explores organizational leadership methodologies as they pertain to stakeholder management, strategic planning, management development, control systems, financial analysis and financing. This course concludes with the employment of course learning through the examination of a live case. (Prerequisites: MGMT 3010 or concurrent enrollment)
MGMT 4050: Management of Innovation and Change (2 cr.) This course focuses on the process of creating innovative new businesses or entrepreneurial ventures. Special attention is paid to understanding the sequence of events that typically unfold among individuals, groups, organizations, and industries as innovations develop from concept through implementation, and what paths along this journey are likely to lead to success and failure. The course is based on concepts and findings from the Minnesota Innovation Research Program and other research studies. Special emphasis is given to understanding the development of organizational learning, leadership, external relationships, infrastructure, and implementation during the innovation journey. This course also provides training in diagnostic methods for analyzing cases or problems, arguing proposals, evaluating conceptual models, and implementing solutions. Students get opportunities to apply course topics and methods by diagnosing a case of innovation or entrepreneurial of their own choosing. By learning these concepts and methods, students can increase their odds of successfully maneuvering organizational innovation and change journeys. (Prerequisites: MGMT 3001 or MGMT 3010)
MGMT 4177: 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 and 4008)
MGMT 4080 - NEW SPRING 2009: Applied Technology Entrepreneurship (4 cr.) The class will center around applied team projects based on commercializable technologies or innovations. Ideas from students or University research will be developed into comprehensive business plans. Student teams will present their ideas to investors and industry professionals at the end of the semester. They will also be encouraged to submit their business plans to the Minnesota Cup. (Prerequisite for Carlson students: MGMT 3010; Also satisfies MGMT 4177 requirement for entrepreneurship major)
