Entrepreneurship

In recognition of the role entrepreneurship plays in the economic development of the nation, the entrepreneurship major focuses on the process of new venture creation, risks and rewards of entrepreneurship, identification and exploitation of entrepreneurial opportunities, and the managerial skills and important interrelationships between business functions (e.g., finance, marketing, management, human resources, and accounting) that are required for successful entrepreneurship.

In addition to the General Education and GSBM requirements, students are required to take 24 credits including 9 credits of electives. The required courses are: ENTR 351, ENTR 353, BUAD 382, ENTR 384, and ENTR 452.  Nine credits of electives may be selected from the following courses: BUAD 361, BUAD 362, BUAD 371, ENTR 450, ENTR 457, FIN 344, one 300-400 level course in Management or Marketing. 

Note: Students in the Honors Program must follow the Honors Curriculum.


ENTREPRENEURSHIP (ENTR) COURSES

Required (15 credits)
ENTR 351 - Entrepreneurship (3 credits)
ENTR 353 - Social Entrepreneurship (3 credits)
BUAD 382 - Business Law (3 credits)
ENTR 384 - Entrepreneurial Opportunity Recognition (3 credits)
ENTR 452 - Advanced Entrepreneurship (3 credits)


Electives (9 credits)
BUAD 361 - Fund of Risk Mgmt (3 credits)
BUAD 362 - Life and Health Insurance (3 credits)
BUAD 371 - Principles of Real Estate (3 credits)
ENTR 450 - Managing the Venture Finance Process (3 credits)
ENTR 457 - Special Topics in Entrepreneurship (3 credits)
FIN 344 -    Security Analysis (3 credits)
MGMT 300-400 Level (3 credits)
MKTG 300-400 Level (3 credits)
One elective from the Acct & Fin or INSS departments (3 credits) or one elective from outside GSBM (3 credits)

HONORS DESIGNATION
The "Honors" designation in the department requires taking the "honors" sections of courses where available. Additionally, honors students must take Honors Seminars in Professional Development (BUAD 108-408 & 109-409) each semester they are enrolled at Morgan. Honors seminars are pass/fail courses.

Note: Junior standings in the School of Business and Management means successful completion of 60 credits in General Education and SBM Requirements including MATH 201, ECON 212, ACCT 202 (or ACCT 300), INSS 141.


ENTREPRENEURSHIP COURSE OFFERINGS

ENTR 351 ENTREPRENEURSHIP - Three hours;
3 credits. This course focuses on creating, owning and
operating a business firm as well as selected
opportunities, challenges and strategic problems. The
course theme is that success for a new business is
dependent upon distinctive strategy, competence, and
managerial effectiveness, supported by consistent, efficient
policies and practices in marketing, production, finance,
human resource management, and customer service.
Prerequisites: FIN 343, MKTG 331, and MGMT 324.
(Formerly BUAD 351) (FALL/SPRING)

ENTR 353 SOCIAL ENTREPRENEURSHIP - Three
hours; 3 credits. Social entrepreneurship examines the
characteristics of a social enterprise and explores the
challenges of managing a successful social enterprise.
"Social return on investment" is described and applied in
diverse "nonprofit" settings. The course prepares the
student for a career in social entrepreneurship through
understanding the vision, mission, strategies, goals, and
organizational structure of successful and failed social
enterprises. Prerequisites: FIN 343, MKTG 331, and
MGMT 324. (SPRING)

ENTR 384 ENTREPRENEURIAL OPPORTUNITY
RECOGNITION - Three hours; 3 credits. This course
examines the entrepreneurial opportunity recognition process.
Discussion of psychological, demographic, economic, social
network, marketing, and finance factors will help students
better understand how to take an initial new venture concept
or idea and turn it into an entrepreneurial opportunity.
Students will develop networking and presentation skills, as
well as refine their ability to conduct market research and
prepare financial projections. Prerequisites: FIN 343,
MKTG 331, and MGMT 324. (Formerly BUAD 384)(FALL)

ENTR 450 MANAGING THE VENTURE
FINANCING PROCESS - Three hours; 3 credits. This
course will examine the venture financing
options available for new business startups.
Emphasis is placed on creating and
analyzing financial documents, approaching financial
sources,selling stock for growing companies,
and managing the financial condition of
a new venture. Prerequisites: ENTR351, ENTR384.(FALL)

ENTR 452 ADVANCED ENTREPRENEURSHIP
- Three hours; 3 credits. This course concentrates on
how new ventures are started. Objectives of the course
are understanding entrepreneurs, seeking and
evaluating opportunities for new ventures, and
gathering resources to convert those opportunities into
businesses. There are two projects: Students interview
entrepreneurs and write a report, and students write
business plans for new ventures they have chosen.
Prerequisite: ENTR 351. (Formerly BUAD 452)
(FALL/SPRING)

ENTR 457 SPECIAL TOPICS IN ENTREPRENEURSHIP
- Three hours; 3 credits. This course will investigate
selected topics of significance to entrepreneurship, business
and management. The precise focus varies by semester.
Emphasis will be placed on developing the entrepreneurial,
analytical and problem-solving skills of students as applied
to current business issues. Prerequisites: ENTR 351,
BUAD 382, ENTR 384. Senior standing in GSBM. (SPRING)