Minor in Entrepreneurship Approved by COBA Faculty

On December 3rd the undergraduate committee and faculty of the College of Business Administration approved the Center’s proposal to create a minor in entrepreneurship and small business.  The proposal will now go forward to the University for a decision and may be available to students from Fall 2011.

The purpose of the minor is to open up the entrepreneurship and small business courses to any student across campus who is interested in starting up a business or simply learning more about entrepreneurship.  The proposal’s rationale was:

“Over 40% of students nationally report considering starting a business at some point in their career and around 3% of the student population are actively involved in starting or managing their own businesses while at University.  Many of these students are non-business majors, such as, students in hospitality, construction management, computer and information technology and engineering.  In the past students outside of COBA have had difficulty accessing courses that would support their interest in starting a business while taking a major in a non-business subject.  The purpose of this minor is to draw together four existing entrepreneurship and small business courses in order to make them available to students beyond the Management major.  The prerequisites associated with these courses have recently been reduced in order to increase access and the resources required to provide this minor already exist.”

Any student wishing to take the minor must complete MGNT 3130 Principles of Management (3) first and then take the following courses: MGNT 3234 Entrepreneurship (3); MGNT 4234 Small Business Management (3); MGNT 4235 Applied Small Business Management (3); and, MGNT 4236 New Venture Planning (3).

As part of the proposal MGNT 4236 New Venture Planning, which is  our business planning course, has reduced prerequisites and will now be more openly available to students across the College of Business Administration as a free elective.

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