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Entrepreneurship (ENTR)
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Stamp, Silvernagel

Entrepreneurship is a multidisciplinary program within the College of Business and Public Administration. This program is primarily directed toward students who want to acquire the skills and experience to start new for-profit and not-for-profit ventures. The entrepreneurship faculty drawn from the faculties of economics, management, marketing, accounting, finance, and industrial technology offer various courses and programs for both business and non-business majors.

The College offers a sixteen-credit entrepreneurship certificate program for non-majors. This program will appear on student transcripts to provide official recognition for completion of this entrepreneurship educational experience. This course sequence will provide opportunities for non-business majors to learn about business and administrative functions and to provide career enhancement. Students will better understand how the business functions will play a role in their future endeavors and how they can succeed in these efforts. There is also a three-course entrepreneurship track offered for business majors.

A major in entrepreneurship is also available to business majors. The major is designed to provide students the entrepreneurial skills for either working within an existing entrepreneurial business or establishing their own new ventures. A principal element of the major is the development of a venture plan in Entr 385-Venture Initiation that is refined in the required major courses, ultimately resulting in a plan that is sophisticated enough to be financed and initiated by the student.


College of Business and Public Administration

B.B.A. WITH MAJOR IN ENTREPRENEURSHIP

Required 125 credits (36 of which must be numbered 300 or above, and 60 of which must be from a 4-year institution) including:

 
I.

General Education Requirements (see University GER listing).
 
II.

The College of Business and Public Administration Requirements (see BPA listing) and including:
   
Pre-Business Core (Required 31 hours)
    Acct 200, 201 Elements of Accounting I & II
(6)
    Econ 201 Principles of Microeconomics
(3)
    Econ 202 Principles of Macroeconomics
(3)
    Econ 210 Introduction to Business and Economics Statistics
(3)
    ISys 117 Personal Productivity with Information Technology
(1)
    Math 103, 146 College Algebra, Applied Calculus I
(6)
    Pols 115 American Government I
(3)
    Comm 110 Fundamentals of Public Speaking
(3)
   
One course selected from the following:
    Anth 171 Introduction to Cultural Anthropology
(3)
    Psyc 111 Introduction to Psychology
(3)
    Soc 110 Introduction to Sociology
(3)
   
Business Core (Required 24 hours)
    ISys 317 Information Systems in Enterprise
(3)
    Mrkt 305 Marketing Foundations
(3)
    Mgmt 300 Principles of Management
(3)
    Fin 310 Principles of Financial Management
(3)
    Econ 303 Money and Banking
(3)
    Acct 315 Business in the Legal Environment
(3)
    Mgmt 301 Operations Management
(3)
    Mgmt 475 Strategic Management
(3)
   
Courses required for Entrepreneurship Major (Required 27 hours)
    Entr 366 Imagination, Creativity and Entrepreneurial Thinking
(3)
    Entr 385 Venture Initiation
(3)
    Entr 387 Venture Growth
(3)
    Entr 405 New Product Development
(3)
    Entr 410 Entrepreneurial Finance
(3)
    Entr 497 Entrepreneurship Internship
(3)
    Mrkt 311 Personal Selling
(3)
    Mrkt 330 Marketing Research
(3)
    Mgmt 302 Human Resource Management
(3)
   
Certificate for Non-Business Majors
    Entr 200 Concept Generation and Technology Entrepreneurship
(1)
    Entr 201 The Entrepreneur and the Economy
(3)
    Entr 301 Accounting and Financial Concepts for Entrepreneurs
(3)
    Entr 302 Marketing and Management Concepts for Entrepreneurs
(3)
    Entr 385 Venture Initiation
(3)
    Entr 387 Venture Growth
(3)
   
Entrepreneurship Track for Business Majors
    Entr 385 Venture Initiation
(3)
    Entr 387 Venture Growth
(3)
    Entr 397 Entrepreneurship Internship
(3)

Courses

200. Concept Generation and Technology Entrepreneurship. 1-3 credits, non-repeatable. Technical Entrepreneurship is an introductory course for non-business majors to explore important foundational concepts of entrepreneurship, including technical feasibility, marketability, intellectual property (IP) protection, technology transfer, and venture initiation. This course is team-taught by one business school faculty member and one faculty member from a technology-oriented discipline. F,S

201. The Entrepreneur and the Economy.
3 credits. Prerequisite: Non-BPA students only. This course is designed for students not enrolled in the College of Business and Public Administration who have an interest in business and entrepreneurship. This course introduces students to the basic characteristics of the world of business, including the political, social and economic system in which a business functions, the characteristics of a business, the creation of a business and issues dealing entrepreneurship. F

301. Accounting and Financial Concepts for Entrepreneurship. 3 credits. Prerequisite: Entr 201 or permission. The objective of this course is to develop an entrepreneurial understanding of the development and use of financial information. Topics include cash flows, the accounting cycle, financial statements, capital and master budgets, cost-volume-profit analysis, financial instruments, and risk and return issues, among others. Course will not count towards graduation if taken by a College of Business and Public Administration student. S

302. Marketing and Management Concepts for Entrepreneurship.
3 credits. Prerequisite: Entr 201 or permission. This course is an introduction to the nature, significance and role of marketing and management in today’s society. The main objective is to explore business functions from both management and marketing perspectives. By combining the two disciplines, this course provides the prerequisite understanding needed by non-business undergraduate students pursuing further education in business. It will point out the skills that managers must apply to meet crucial goals. Course will not count towards graduation if taken by a College of Business and Public Administration student. F

366. Imagination, Creativity and Entrepreneurial Thinking.
3 credits. Non-Entrepreneurship majors must have instructor approval. Explores the creative process and helps students identify their own creative problem-solving styles. Students develop innovative solutions to a wide range of problems that arise in the process of pursuing entrepreneurial ventures. Attention is devoted to the need for creative approaches to opportunity identification and business concept formulation when developing new products, services, and processes. F,S

385. Venture Initiation. 3 credits. Prerequisites: Entr 201, 301, and 302 or Fin 310, Mgmt 300 and Mrkt 305; Junior or Senior Standing. This course is concerned with the issues surrounding the creation of a new economical entity. The focus of the course is the development of a venture plan. F,S

387. Venture Growth. 3 credits. Prerequisite: Entr 385. This course includes an overview of the issues faced by entrepreneurs in new ventures that have passed through an initial start-up phase and are now facing a growth or emerging phase and existing organizations attempting to become more entrepreneurial/intrapreneurial. This course focuses on applying general management and entrepreneurship principles to problems encountered by emerging ventures. Information gained from previous course-work, readings, class discussion, guest speakers, and research on entrepreneurs will be used to aid case study solutions. The course will combine individual activities and group work. S

395. Special Topics. 1-4 credits, repeatable to 9. Prerequisite: instructor consent. Specially arranged seminars, courses, or independent study on a variety of topics not covered by regular program offerings. May be initiated by students with approval of the dean and department(s) involved. F,S

405. New Product Development. 3 credits. Prerequisites: Entr 385; Junior or Senior Standing. This course is concerned with the generation of product ideas and concepts and the design and development of products and services which meet market needs. Particular attention is paid to new product development as a multi-functional team effort. F

410. Entrepreneurial Finance. 3 credits. Prerequisites: Entr 385 and Fin 310; Junior or Senior Standing. This course is concerned with the financial functions of a new or entrepreneurial venture. The primary focus is on the function of the financial plan in the overall venture plan as well as sources of venture capital and cash flow management. S

497. Entrepreneurship Internship. 3 credits. S/U grading only. Prerequisite: Entr 385. Compensated practical work experience with an entrepreneurial firm. F,S,SS
Office of the Registrar
Twamley Hall Room 201
264 Centennial Drive Stop 8382
Grand Forks, ND  58202-8382
Phone #: (701) 777-2711
Fax #: (701) 777-2696
Email: registrar@mail.und.nodak.edu