Entrepreneurial Management

This major is designed for students who are interested in starting a new business (entrepreneurship), helping existing organizations to develop new business opportunities (intrapreneurship), or creating positive social impact through the development of new ventures (social entrepreneurship). Curriculum is designed to range from introductory problem-solving concepts and self-exploration through the development and implementation of real business opportunities, with a broad range of elective courses from across campus. The objective is to provide experiential and applied learning opportunities that develop the mindset, skills and competencies that enable students to create their own opportunities and function as entrepreneurs or as innovative leaders in entrepreneurial or high potential firms.

Major Curriculum

MAJOR CORE CURRICULUM - 22 CREDITS

Course Credits Title & Additional Information
MGMT 3010 OR IBUS 3010 4 Introduction to Entrepreneurship OR Introduction to Global Entrepreneurship
MGMT 4008 4 Entrepreneurial Management (prereq: MGMT 3010 or concurrent)
MGMT 4050 OR IBUS 4050 2 Managing Innovation and Change OR Managing Innovation and Change-Sustainability in Brazil (prereq: MGMT 1001, 3001, or 3010)
PLUS ONE OF THE FOLLOWING
MGMT 4170W 4 New Business Feasibility & Planning (prereq: MGMT 3010)
MGMT 4171W 4 Entrepreneurship in Action, part 1 (prereq: MGMT 3010, 4008 or concurrent and approved application)
MGMT 4080W 4 Applied Technology Entrepreneurship

PLUS 8 CREDITS FROM THE FOLLOWING ELECTIVE COURSEWORK:

Course Credits Title & Additional Information
ACCT 5160 2 Financial Statement Analysis (prereq: ACCT 5101)
ACCT 5201 2 Intermediate Management Accounting (prereq: ACCT 3001)
ANTH 4121 2 Business Anthropology
BA 4503 6 Carlson Ventures Enterprise (prereq: approved application)
BLAW 3061 2 Business Law Basics (previously BLAW 3058)
BLAW 3062 2 Contract Law and Corporate Regulation (previously BLAW 3058)
FINA 4221 2 Principles of Corporate Finance (prereq: FINA 3001)
FINA 4422 2 Financial Modeling (prereq: FINA 3001, 4221 and ACCT 5101)
GCC 3005  3 Global Venture Design: What Impact Will You Make? 
HRIR 3031 2 Staffing and Selection
HRIR 4100W 4 SENIOR CAPSTONE: Personal & Organizational Leadership (prereq: 3021, senior status, and 6 HRIR elective credits)
IBUS 3055 4 Entrepreneurship in Action in China (prereq: approved education abroad application)
IDSC 3202 4 Analysis and Modeling of Business Systems (prereq: IDSC 3001)
INS 4100 2 Corporate Risk Management
MGMT 4000 4 Social Venturing in Action (prereq: senior status)
MGMT 4040 4 Negotiation Strategies 
MGMT 4080W 4 Applied Technology Entrepreneurship
MGMT 4100 2-4 Topics in Management
MGMT 4170W 4 New Business Feasibility & Planning (prereq: MGMT 3010)
MGMT 4171W 4 Entrepreneurship in Action, part 1 (prereq: MGMT 3010, 4008 or concurrent and approved application)
MGMT 4172 4 Entrepreneurship in Action, part II (prereq: MGMT 4171W and approved application)
MGMT 5018 (previously MGMT 4018) 2 Philanthropy & Fundraising Strategy
MGMT 5102 2 StartUp: Customer Development and Testing (prereq: instructor consent)
MKTG 3010 4 Marketing Research (prereq: MKTG 3001)
MKTG 4030 4 Sales Management (prereq: MKTG 3040)
MKTG 4050 4 Advertising and Promotion (prereq: MKTG 3010, 3040) 
PA 5743 1.5 Social Innovation Design Lab: Making Your Idea a Reality
PDES 2701 3 Creative Design Methods
PDES 3711 4 Product Innovation Lab
SCO 3041 2 Project Management (prereq: SCO 3001)
SCO 3056 4 Supply Chain Planning & Control (prereq: SCO 3001)

Courses may not be double counted in both the required and the elective categories.

Please note that all classes are not offered every semester. Please check the class schedule on One Stop for details. 

View Program Requirements and Course Descriptions. 

Minor Curriculum

MINOR CORE CURRICULUM - 16 CREDITS

Course Credits Title & Additional Information
MGMT 3010 OR IBUS 3010 4 Introduction to Entrepreneurship OR Introduction to Global Entrepreneurship
MGMT 4008 4 Entrepreneurial Management (prereq: MGMT 3010 or concurrent)
PLUS ONE OF THE FOLLOWING
MGMT 4050 OR IBUS 4050 2 Managing Innovation and Change OR Managing Innovation and Change-Sustainability in Brazil (prereq: MGMT 1001, 3001, or 3010)
MGMT 4170W 4 New Business Feasibility & Planning (prereq: MGMT 3010)
MGMT 4171W 4 Entrepreneurship in Action, part 1 (prereq: MGMT 3010, 4008 or concurrent and approved application)
MGMT 4080W 4 Applied Technology Entrepreneurship

PLUS REMAINING CREDITS CHOSEN FROM ABOVE OR THE MAJOR ELECTIVE COURSEWORK LIST

Please note that all classes are not offered every semester. Please check the class schedule on One Stop for details.

View Program Requirements and Course Descriptions

Career

Entrepreneurs must understand first and foremost what it takes to manage and run a successful business. Entrepreneurs often wear many hats in their company and must accept leadership and responsibility for all activities that take place. It's their job to develop a business plan and course of action for the company, and to be familiar with the industry. They often work directly with their customers on a day-to-day basis.

Typical Careers for Entrepreneurial Management majors:

While a small number of students start their own businesses directly upon graduating from the Carlson School of Management, the majority choose to gain experience first by working for an organization. Positions such as consulting or account management provide multi-faceted, strategic experience. Participation in CSOM course, Entre in Action, provides students with real-life experience starting a business, and has resulted in sustainable businesses.

Find more career info by major/industry

Student Organizations:

Find opportunities in Carlson School student clubs

Holmes Center for Entrepreneurship:

The Holmes Center is the hub of entrepreneurship and innovation at the University of Minnesota that inspires, educates, and connects the next generation of Minnesota’s entrepreneurs.

Find more information about the Holmes Center

Contact Undergraduate Program