Three core courses in the ENTI Minor form foundational knowledge, skills and insights into entrepreneurship, innovation and new career path options.
- MGMT 215 - Entrepreneurial Mindset
- ENGR 310 - Entrepreneurial Leadership
- MGMT 425 (ENGR 425/IST 425) - New Venture Creation
Students who complete these core courses develop skills in seven areas:
- Self-efficacy - the belief in yourself that you can define a target and are able to attain your personal goals.
- Leadership - the ability to bring others along to share in the opportunity and motivate effective teams with compelling communication.
- Recognition of new opportunities - the ability to perceive needs where others have not.
- Resourcefulness - the ability to build value using resources not fully under one's own control.
- Creativity - the ability to look at problems from many angles and to synthesize new solutions from existing parts.
- Comfort with ambiguity and failure - the ability to reach decisions based on complex, often conflicting sets of data.
- Business acumen - working understanding of finance, marketing, intellectual property.
New Ventures Cluster
Total number of credits in this cluster: 9 or 10
- BA 243 - Social, Legal, and Ethical Environment of Business
- BA 250 - Small Business Management
- MGMT 427 - Managing an Entrepreneurial Startup Company
The New Ventures Cluster is designed to help student develop the skills and ways of thinking required to create, develop, innovate and manage entrepreneurial companies. A successful start-up venture requires a wide range of managerial skills not usually demanded in one person within a larger organization, such as:
- Acquiring and balancing limited resources
- Changing direction quickly
- Building a coherent team
- Managing intellectual property
- Creating new markets
The number of credits in this cluster depend on the selection of courses in the area of business law; see list of courses below. Students who complete this cluster develop skills and knowledge in 14 areas:
- Opportunity recognition
- New product development
- Innovative thinking
- Tolerance for ambiguity
- Resource acquisition
- Effective negotiation
- Entrepreneurial management
- Entrepreneurial finance
- Effective teamwork
- Entrepreneurial marketing
- Entrepreneurial and innovation strategy
- Technology commercialization
- Intellectual property management
- Business law