MG:330 Management of Small Business and Entrepreneurship. Emphasizes small business operations and management, and the theories and practice of entrepreneurship. Topics include developing a business plan, small business finance, and selected international examples. Students will be engaged in a realistic simulation of a small business, from creating the business, running it on a day-to-day basis, to potentially exiting the business in some way (sell, close, bankruptcy). 4 SH

 MG:433 Preparing a Business Plan and Venture Financing. Student teams will create business plans for companies they would like to start. They will learn the importance of each component of the business plan, different types of financing, and, at the end of the semester, will attempt to secure financing from a local bank.  Prerequisite: AC:200, MG:280, MG:330, or permission of instructor. 4 SH

 MG:434 Entrepreneurial Experience. Student teams will create, manage, and run an organization. They must appoint a management team, delegate jobs, hire personnel, and manage finances in order to run the business. Students will also study several cases that demonstrate different aspects of the entrepreneurial company. Prerequisite: MG:433 or permission of instructor. 4 SH

 MG:435 Entrepreneurial Marketing and Economics. Emphasizes the marketing strategies that are more dominant in entrepreneurial companies. Goes into depth on economic trends and policies to be considered in any new organization. Prerequisite: EC:201, MG:280, MG:331. 4 SH

 Entrepreneurship Emphas;s. Entrepreneurship is important to the overall economic future of our society as well as a leading area of interest to students. The creation of new products, services, jobs, business, and in fact, entire industries, is more dependent upon entrepreneurship today than it has ever been in the past The importance of entrepreneurship has become more widely acknowledged and understood, generating enormous opportunities for entrepreneurial thinking and considerable interest in the field by students and educators.

The goal of the entrepreneurship, emphasis is to assist students in gaining the knowledge, skills, and confidence to become successful entrepreneurship.  Students are provided with an appreciation of the entrepreneur in society, his or her struggle, and an understanding of how to start and/or manage a business. The classes will enable and encourage students to create innovative entrepreneurial and small business ventures.

 The entrepreneurship emphasis requires 16 semester hours as follows: 

4          MG:330 Management of Small Business and Entrepreneurship

4          MG:433 Preparing a Business Plan and Venture Financing

4          MG:434 Entrepreneurial Experience

4          MG:435 Entrepreneurial Marketing and Economics