Entrepreneurship Courses

The Finstad Program offers two entrepreneurial classes through the Management Studies Program in the Economics Department: Principles of Entrepreneurship and New Venture Formulation. Both courses include a large experiential component.

Entrepreneurship and New Venture Formulation
Management Studies 257
January Term
This course teaches students how to develop a business or not-for-profit venture concept into a feasible plan. Students choose whether to develop a real business plan for a local entrepreneur or pursue an idea of their choice. Students work in teams to identify a market need, design a strategy, and determine feasibility of the proposed venture. Weekly assignments develop the necessary speaking skills that prepare students for the final plan presentation. Local entrepreneurs and fellow students critique the final plan and offer suggestions. Offered during Interim.

Principles of Entrepreneurship
Management Studies 256
Spring Term
This course examines the importance of entrepreneurship, covering both the theory and practical aspects of the subject. Discussions focus on the paradigms of creativity and innovation, the relationship of liberal arts disciplines to the entrepreneur, the role of the entrepreneur in society and history, the risks and rewards of entrepreneurship, and the elements of the entrepreneurial behavior in a variety of settings. Study concentrates on the entrepreneurial process from idea creation to ultimate business or other organizational activity. A leadership theme permeates these discussions. A variety of instructional techniques are used including group projects, guest presenters, and practicing entrepreneurs attending the class. Offered annually.