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Twin Cities Campus

Entrepreneurial Management Minor

Strategic Management & Entrepreneur
Curtis L. Carlson School of Management
  • Program Type: Undergraduate minor related to major
  • Requirements for this program are current for Fall 2017
  • Required credits in this minor: 16
See major description for more information.
Program Delivery
This program is available:
  • via classroom (the majority of instruction is face-to-face)
Minor Requirements
This minor is only available for students pursuing a BSB degree in the Carlson School of Management.
Required Courses
Students must complete a minimum of 10 credits in the required section, plus additional credits from the elective section or required section for a total of 16 credits.
MGMT 4008 - Entrepreneurial Management (4.0 cr)
MGMT 3010 - Introduction to Entrepreneurship (4.0 cr)
or IBUS 3010 - Introduction to Global Entrepreneurship (4.0 cr)
MGMT 4050 - Management of Innovation and Change (2.0 cr)
or IBUS 4050 - Management of Innovation and Change (4.0 cr)
Plus one from the following:
MGMT 4170W - New Business Feasibility and Planning [WI] (4.0 cr)
or MGMT 4171W - Entrepreneurship in Action I [WI] (4.0 cr)
or MGMT 4080W - Applied Technology Entrepreneurship [WI] (4.0 cr)
Electives
Choose courses from the list below or courses not chosen above.
Take 4 - 6 credit(s) from the following:
· ACCT 5201 - Intermediate Management Accounting (2.0 cr)
· ACCT 5160 - Financial Statement Analysis (2.0 cr)
· ANTH 4121 - Business Anthropology (3.0 cr)
· BA 4503 - Carlson Ventures Enterprise (2.0 cr)
· BLAW 3058 - The Law of Contracts and Agency (4.0 cr)
· FINA 4221 - Principles of Corporate Finance (2.0 cr)
· FINA 4422 - Financial Modeling (2.0 cr)
· GCC 5005 - Grand Challenge: Global Venture Design - What Impact Will You Make? [GP] (3.0 cr)
· HRIR 3031 - Staffing and Selection: Strategic and Operational Concerns (2.0 cr)
· HRIR 4100W - HRIR Capstone: Personal and Organizational Leadership [WI] (4.0 cr)
· IDSC 3202 - Analysis and Modeling for Business Systems Development (4.0 cr)
· INS 4100 - Corporate Risk Management (2.0 cr)
· MKTG 3010 - Marketing Research (4.0 cr)
· MKTG 4030 - Sales Management (4.0 cr)
· MKTG 4050 - Advertising and Promotion (4.0 cr)
· MGMT 4000 - Social Venturing in Action (4.0 cr)
· MGMT 4040 - Negotiation Strategies (4.0 cr)
· MGMT 4100 - Topics in Management (2.0-4.0 cr)
· MGMT 4170W - New Business Feasibility and Planning [WI] (4.0 cr)
· MGMT 4171W - Entrepreneurship in Action I [WI] (4.0 cr)
· MGMT 4172 - Entrepreneurship in Action II (4.0 cr)
· MGMT 4080W - Applied Technology Entrepreneurship [WI] (4.0 cr)
· MGMT 5102 - StartUp: Customer Development and Testing (2.0 cr)
· PDES 2701 - Creative Design Methods (3.0 cr)
· PDES 3711 - Toy Product Design (4.0 cr)
· PA 5290 - Topics in Planning (0.5-4.0 cr)
· SCO 3041 - Project Management (2.0 cr)
· SCO 3056 - Supply Chain Planning and Control (4.0 cr)
 
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· Curtis L. Carlson School of Management


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· Entrepreneurial Management Minor
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MGMT 4008 - Entrepreneurial Management
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Management of a new venture after founding. Internal/external challenges of managing a startup organization. Working with resource constraints and understanding how business models may change over time. prereq: concurrent registration is required (or allowed) in [3010 or IBUS 3010]
MGMT 3010 - Introduction to Entrepreneurship
Credits: 4.0 [max 4.0]
Course Equivalencies: 02347
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Fundamentals of entrepreneurship. Career paths, including new business start-ups, franchising, acquisitions (including family business succession), corporate venturing, and entre-preneurial services. Legal structures for new business formation. Aspects of business law/ethics.
IBUS 3010 - Introduction to Global Entrepreneurship
Credits: 4.0 [max 12.0]
Course Equivalencies: 02347
Grading Basis: A-F only
Typically offered: Every Spring
Terms, concepts, skills for analyzing fundamental business practices in global economy.
MGMT 4050 - Management of Innovation and Change
Credits: 2.0 [max 2.0]
Course Equivalencies: 02187
Grading Basis: A-F or Aud
Typically offered: Periodic Fall & Spring
Applying theories/research on how new organizational programs, products, technologies are developed/implemented. Diagnostic skills. How innovation unfolds. prereq: 1001, [3001 or 3010]
IBUS 4050 - Management of Innovation and Change
Credits: 4.0 [max 4.0]
Course Equivalencies: 02187
Grading Basis: A-F only
Typically offered: Every Fall
Applying theories/research on how new organizational programs, products, technologies are developed/implemented. Diagnostic skills. How innovation unfolds. prereq: [Mgmt 1001 or 3001 or 3010], approved application
MGMT 4170W - New Business Feasibility and Planning (WI)
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
New-business-opportunity identification/development. Students conduct feasibility analysis, create formal business plan, gather feasibility data, and contact potential customers, suppliers, and other primary sources. prereq: 3010
MGMT 4171W - Entrepreneurship in Action I (WI)
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall
Two-semester course. In fall, students identify a business oportunity, develop concept, determine resources required, and launch the business. In spring, students implement business plan, manage business, and determine exit strategy. prereq: 3010, [4008 or concurrent registration is required (or allowed) in 4008], completed coursework in business core, CSOM upper division, approved application
MGMT 4080W - Applied Technology Entrepreneurship (WI)
Credits: 4.0 [max 4.0]
Course Equivalencies: 01591 - Mgmt 4170/Mgmt 4177/Mgmt 5177
Typically offered: Every Spring
Team projects based on commercializable technologies or innovations. Teams present their ideas to investors and industry professionals. Students are encouraged to submit their business plans to Minnesota Cup.
ACCT 5201 - Intermediate Management Accounting
Credits: 2.0 [max 2.0]
Prerequisites: 3001, acct or finance major
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Activity-based costing techniques in specific industries including service firms. Other topics could include costing for Just-in-Time manufacturing, tracking customer profitability, and costing quality. prereq: 3001, acct or finance major
ACCT 5160 - Financial Statement Analysis
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Interpretation/analysis of financial statements. Introduces basic techniques of financial statement analysis and applies them in different settings (e.g., in investment/credit decisions). prereq: [5100/6100 or 3101/5101], [accounting or finance major]
ANTH 4121 - Business Anthropology
Credits: 3.0 [max 3.0]
Course Equivalencies: 01996
Typically offered: Every Spring
Anthropological/ethnographic understandings/research techniques.
BA 4503 - Carlson Ventures Enterprise
Credits: 2.0 [max 6.0]
Grading Basis: OPT No Aud
Typically offered: Every Fall & Spring
Modeled after early stage venture capital funds. Due diligence process. Starting/growing high-growth ventures. University-based technologies, start-up companies, and experts. Business analysis/development. Assistance to non-University-based start-up companies seeking initial equity capital. prereq: concurrent registration is required (or allowed) in MBA 6503, CSOM [jr or sr], approved application
BLAW 3058 - The Law of Contracts and Agency
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Origin of law, its place in and effect on society; history and development of law; system of courts; legal procedure. Law of contracts as the basic law affecting business transaction. Laws affecting the sale of goods and contracts and the law of agency.
FINA 4221 - Principles of Corporate Finance
Credits: 2.0 [max 2.0]
Course Equivalencies: 01585 - Fina 4221/Fina 4241
Prerequisites: 3001, CSOM major, actuarial science major
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Theoretical/applied corporate finance, impact on investment decisions. Financing decisions, payout decisions, tax effects, managerial incentives. prereq: 3001, CSOM major, actuarial science major
FINA 4422 - Financial Modeling
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Projecting financial statements to identify financing needs and perform DCF analysis in decision making. APV-, FCF-, and WACC-based methods. prereq: 3001, 4221, ACCT 5100 or 5101, CSOM major
GCC 5005 - Grand Challenge: Global Venture Design - What Impact Will You Make? (GP)
Credits: 3.0 [max 3.0]
Course Equivalencies: 02315 - CEGE 5571/GCC 5005
Grading Basis: A-F only
Typically offered: Periodic Fall
Students will work in teams developing sustainable business and technical solutions to address an environmental or social challenge in India. Teams may address a challenge related to water supply, energy availability, food/agriculture production, waste management, public health or a topic mutually agreed upon by the instructor and student teams. During the semester, a product or service must be designed, and a sustainable business model must be created around it. Technical and business development professionals based in the US and India will act as mentors to provide advice to each team. Each team will have one US-based mentor and one India-based mentor. The teams are expected to use a discovery process, design thinking, ideation and input from field research in solving the challenge. A primary focus of the course is up-front work to identify the "right" problem to solve. The model should be built around the customerÔ┐┐s needs and wants, as they will need to pay for the product or service to achieve a scalable model. prereq: sophomore, junior, senior, graduate student
HRIR 3031 - Staffing and Selection: Strategic and Operational Concerns
Credits: 2.0 [max 2.0]
Typically offered: Every Spring
Introduction to theory/practice of staffing decisions. Recruitment, selection, promotion, demotion, transfer, dismissal, layoff, retirement. Staffing analyzed from strategic/operational perspectives. Legal issues.
HRIR 4100W - HRIR Capstone: Personal and Organizational Leadership (WI)
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Spring
Leadership as important competency for HR professionals. Reflection/growth of personal leadership skills. Techniques, strategies, philosophies to develop leadership acumen of individuals within organizations. Leadership research. prereq: 3021, 6 HRIR credits, [CSOM or HRD junior or senior or dept consent]
IDSC 3202 - Analysis and Modeling for Business Systems Development
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Improving/automating key business processes in manufacturing and service industries. Roles of business management and MIS. Selecting business process opportunities, business process analysis, process modeling of work/data flow, decomposition, software tools. Traditional/object analysis methods. prereq: 3001
INS 4100 - Corporate Risk Management
Credits: 2.0 [max 2.0]
Typically offered: Every Fall & Spring
Theory applied to corporate risk management and insurance practices. Identification, measurement, and treatment of an organization.s financial risks integrated with its property, liability, workers compensation, and human resource risks. Selection and application of risk control and risk financing tools: risk retention, reduction and transfer, including insurance.
MKTG 3010 - Marketing Research
Credits: 4.0 [max 4.0]
Prerequisites: 3001, [SCO 2550 or equiv statistics course]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Methods for collecting/analyzing data to solve marketing problems. Research design, secondary/primary data collection, sample design, data analysis. prereq: 3001, [SCO 2550 or equiv statistics course]
MKTG 4030 - Sales Management
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Hiring, motivating, performance enhancement. Customer relationship management, data analysis, quantitative methods. Developing metrics to evaluate individual/group performance in attaining an organization's strategic goals. prereq: 3001, 3010, 3040
MKTG 4050 - Advertising and Promotion
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Managing/integrating communication aspects of marketing. Advertising, sales promotion, public relations. Setting objectives, selecting media. Measuring effectiveness. Sales promotion techniques. Issues in global IMC. prereq: 3001, 3010, 3040
MGMT 4000 - Social Venturing in Action
Credits: 4.0 [max 4.0]
Course Equivalencies: 01671
Grading Basis: A-F only
Typically offered: Every Spring
Capstone course. Students choose project with nonprofit organizations in local community. Readings/discussions tie managerial theory to experiences. Issues that involve intersection of for-profit/not-for-profit economies. Primarily undergraduate class. Opportunities for selected grad students. prereq: Sr nonprofit major or instr consent
MGMT 4040 - Negotiation Strategies
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Spring
Securing agreements between two or more parties who are interdependent and seeking to maximize their own outcomes. Behavior of individuals, groups, and organizations in competitive situations.
MGMT 4100 - Topics in Management
Credits: 2.0 -4.0 [max 8.0]
Grading Basis: A-F only
Typically offered: Periodic Fall & Spring
Topics vary for each offering.
MGMT 4170W - New Business Feasibility and Planning (WI)
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
New-business-opportunity identification/development. Students conduct feasibility analysis, create formal business plan, gather feasibility data, and contact potential customers, suppliers, and other primary sources. prereq: 3010
MGMT 4171W - Entrepreneurship in Action I (WI)
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall
Two-semester course. In fall, students identify a business oportunity, develop concept, determine resources required, and launch the business. In spring, students implement business plan, manage business, and determine exit strategy. prereq: 3010, [4008 or concurrent registration is required (or allowed) in 4008], completed coursework in business core, CSOM upper division, approved application
MGMT 4172 - Entrepreneurship in Action II
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Spring
Second of two-semester sequence. In fall, students identify business opportunity, develop concept, determine resources required, and launch business. In spring, students implement busienss plan, manage business, and determine exit strategy. prereq: 4171
MGMT 4080W - Applied Technology Entrepreneurship (WI)
Credits: 4.0 [max 4.0]
Course Equivalencies: 01591 - Mgmt 4170/Mgmt 4177/Mgmt 5177
Typically offered: Every Spring
Team projects based on commercializable technologies or innovations. Teams present their ideas to investors and industry professionals. Students are encouraged to submit their business plans to Minnesota Cup.
MGMT 5102 - StartUp: Customer Development and Testing
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Provides a structured process with faculty and mentor oversight for students at any level and from any college at the University to learn the initial process of customer development by testing market acceptance of a specific new business concept. Students primarily take this course individually and must have an idea or technology that they are interested in pursuing. The goal of the curse is to teach the process to quickly and efficiently test the value and market fit for a new concept.
PDES 2701 - Creative Design Methods
Credits: 3.0 [max 3.0]
Grading Basis: A-F only
Typically offered: Every Fall
Introduction to a variety of creativity and idea generation tools with an emphasis on innovative product concept development. Students apply different toolsets to an ongoing project. Starting with a general theme, students explore problems and concepts, practice using a variety of idea generation tools, and learn methods of evaluating and selecting concepts. Customer needs, benchmarking, and intellectual property.
PDES 3711 - Toy Product Design
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Spring
Product design process with a focus on creativity and designing for play. Project-centric. Students work in small teams of 5-6 members to design and prototype new toys with the help of local industry and children.
PA 5290 - Topics in Planning
Credits: 0.5 -4.0 [max 12.0]
Typically offered: Periodic Fall & Spring
Selected topics.
SCO 3041 - Project Management
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall
Principles and methods useful for planning and controlling a project, including development of project plan, resource planning and scheduling, and project monitoring and control. Selected computerized packages are studied, including PERT and CPM, and examples of different types of projects from manufacturing and service industries are used. prereq: 3000 or instr consent
SCO 3056 - Supply Chain Planning and Control
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Decisions/tradeoffs when directing operations of supply chain. Forecasting, capacity/production planning, just-in-time, theory of constraints, supply chain flows, enterprise resource planning, supply chain design. prereq: 3001 or instr consent