Department of Management, Marketing, and International Business
ENTREPRENEURSHIP
Entrepreneurship may be defined as the "pursuit of opportunity" and is often manifested in either a new business startup or a value-creating expansion within an on-going enterprise. This entrepreneurial spirit is universal and is impervious to age, gender, or social/economic background. It has been the engine of job creation, innovation, and the creation of new industries within the U.S. for decades. To fully understand the risks and rewards of an entrepreneurial endeavor, students in this discipline learn how to evaluate the degree to which an idea is an opportunity. The dynamics, paradoxes, myths, and critical aspects surrounding this process are also studied. Students at SFA may study entrepreneurship by taking individual classes, by declaring a minor in entrepreneurship, or by declaring a management major with emphasis in small business management/entrepreneurship.
The minor in entrepreneurship provides students with a basis of knowledge that will improve their understanding of entrepreneurial processes. The major in management with an emphasis in small business management/entrepreneurship provides similar preparation but with a stronger emphasis on building general management skills and critical thinking processes.
Most degree programs prepare students for success in a given discipline. In contrast, students completing the entrepreneurship minor or the management major with small business management/entrepreneurship emphasis are prepared to evaluate an idea, structure a top management team, and marshal resources in the pursuit of opportunity.
Entrepreneurship courses offered at SFA include:
MGT 390 Principles of Entrepreneurship. No prerequisites.
MGT 464 Entrepreneurial Field Analysis (consulting project with an actual business). Prerequisites: ACC 231, CSC 121, MGT 370, and MKT 351
MGT 485 Entrepreneurship: Opportunity Assessment (includes preparing a feasibility study). Prerequisite: MGT 390 or consent of instructor.
The entrepreneurship minor requirements are different depending on whether the student is a business major:
For students pursuing a Bachelor of Business Administration (BBA) degree, a minor in entrepreneurship consists of: MGT 370, MGT 371, MGT 463, MKT 351, and nine additional advanced semester hours in management including at least six hours from MGT 390, MGT 464, or MGT 485. Total 21 hours with a minimum 2.0 grade point average. At least nine hours must be completed at SFA.
For non-BBA students: MGT 370; MKT 351; ACC 231 or ACC 101; and nine additional advanced semester hours in management including at least six hours from MGT 390, MGT 464, or MGT 485. Total 18 hours with a minimum 2.0 grade point average. At least nine hours (six of which must be advanced) must be completed at SFA.
Requirements for a management major with an emphasis in small business management/ entrepreneurship are:
MGT 422, 472; three to four hours from PSY 330 or SOC 478; six to nine hours from MGT 390, 464, or 485; and three to six hours of additional advanced semester hours in management (neither MGT 395 nor 477 may count toward this requirement). Students are encouraged to complete a Management Internship (MGT 476) or a Special Problems in Management course (MGT 475) in entrepreneurship / small business as part of the elective portion of this emphasis.
See the General Bulletin for more information including detailed descriptions of all courses.
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Last updated: 04/24/06