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The Bachelor of Science in Business with a major in Entrepreneurship emphasizes the process of designing, launching, running and scaling a new business, often initially a small business through a period of rapid growth. Students develop an entrepreneurial mindset and apply knowledge and practical skills to identify new business opportunities, creatively solve problems within a design-thinking framework, analyze the industry and market, create revenue and business models, and develop management, market and financial strategies for the new venture or an established entrepreneurial organization to impact businesses, communities and society.
Entrepreneurship majors pursue different career paths, including planning for start-up and growth of their own businesses, leading and managing small and medium-sized enterprises, and are hired by entrepreneurs and corporations as business developers, innovators, new product developers, and consultants.
| Program Requirements | Quarter Hours |
|---|---|
| Business Core Requirements | 66 |
| Liberal Studies Requirements | 76 |
| Major Requirements | 42 |
| Open Electives | 8 |
| Total hours required | 192 |
Learning Outcomes
Students will be able to:
- Understand and apply knowledge of the new venture creation process in entrepreneurial firms.
- Demonstrate entrepreneurial skills to develop a concept, engage in the design thinking process, research the industry and market, define the value proposition and strategy, build the team and create revenue and business models to support the venture’s strategy.
- Recognize and analyze ethical and legal issues within entrepreneurial businesses, and develop resolutions.
- Communicate effectively orally and in writing to stakeholders, including crafting the pitch and pitching your idea to potential investors.
- Exhibit knowledge of entrepreneurial practices to building and sustaining the environment for innovation in entrepreneurial firms.
College Core Requirements
Business Core Requirements
All undergraduate students in the Driehaus College of Business complete foundational courses in the areas of analytics, accountancy, mathematics, economics, business law, finance, management, management information systems/computer science, and marketing.
Course Requirements
For a student to complete the Bachelor of Science in Business, the following Business Core courses totaling at least 66.0 hours are required:
| Course | Title | Quarter Hours |
|---|---|---|
| Business Core Courses | ||
| ACC 101 | INTRODUCTION TO ACCOUNTING I 1 | 4 |
| ACC 102 | INTRODUCTION TO ACCOUNTING II 1 | 4 |
| BLW 201 | LEGAL & ETHICAL ASPECTS IN THE BUSINESS ENVIRONMENT 2 | 4 |
| BUS 102 | BUSINESS ANALYTICS (all business majors except Actuarial Science) 3 | 4 |
| or MAT 151 | CALCULUS II | |
| ECO 105 | PRINCIPLES OF MICROECONOMICS | 4 |
| ECO 106 | PRINCIPLES OF MACROECONOMICS | 4 |
| ECO 315 | INTRODUCTION TO MONEY AND BANKING 4 | 4 |
| or FIN 320 | MONEY AND BANKING | |
| MGT 300 | PRINCIPLES OF MANAGEMENT | 4 |
| MGT 301 | PRINCIPLES OF OPERATIONS MANAGEMENT 5 | 4 |
| MKT 301 | PRINCIPLES OF MARKETING | 4 |
| MKT 310 | CONSUMER BEHAVIOR | 4 |
| Finance 6 | ||
| Select one of the following: | 4 | |
| FOUNDATIONS OF FINANCE | ||
| INTRODUCTION TO FINANCE | ||
| Computer Science or MIS 7 | ||
| Select one of the following: | 4 | |
| INTRODUCTION TO COMPUTER SCIENCE I | ||
| INTRODUCTION TO BUSINESS TECHNOLOGY AND DECISION MAKING | ||
| Communication 8 | ||
| Select one of the following: | 4 | |
| EFFECTIVE BUSINESS COMMUNICATION | ||
| BUSINESS AND PROFESSIONAL COMMUNICATION | ||
| Business Capstone 9 | ||
| Select one of the following: | 4 | |
| ENTREPRENEURSHIP STRATEGY | ||
| MANAGEMENT STRATEGY | ||
| HOSPITALITY STRATEGY (Hospitality majors only) | ||
| Global Business Perspective 10 | ||
| Select 4.0 hours of the following: | 4 | |
| EUROPEAN ECONOMIC HISTORY | ||
| RADICAL RESPONSES TO CAPITALISM | ||
| TOPICS IN GLOBAL ECONOMIES | ||
| UNDERSTANDING CHINA'S ECONOMY | ||
| ECONOMICS OF LOW-INCOME COUNTRIES | ||
| INTERNATIONAL TRADE | ||
| INTERNATIONAL MONETARY ECONOMICS | ||
| ECONOMICS OF THE EUROPEAN UNION | ||
| INTERNATIONAL FINANCE | ||
| GLOBAL IPOs & VENTURE CAPITAL | ||
| INTERNATIONAL BUSINESS SEMINAR | ||
| GLOBAL HUMAN RESOURCE MANAGEMENT | ||
| INTERNATIONAL BUSINESS | ||
| MARKETING ACROSS CULTURES: A CULTURAL PERSPECTIVE ON MULTICULTURAL MARKETS | ||
| MARKETING IN A GLOBAL ENVIRONMENT | ||
| INTERNATIONAL MARKETING | ||
| WORK IN A GLOBALIZED WORLD | ||
A course taken as part of a term-long study abroad program | ||
| Professional Writing 11 | ||
| Select one of the following: | 2-4 | |
| PROFESSIONAL WRITING FOR BUSINESS (2.0 quarter hours) | ||
| TECHNICAL WRITING | ||
| PROFESSIONAL WRITING | ||
| STATISTICAL METHODS USING SAS (Actuarial Science majors only) | ||
| 1 | Strobel students take specially designated sections of all required ACC classes, including ACC 101 and ACC 102 (excluding ACC 250). |
| 2 | Students majoring in accounting (primary or secondary/double major) are allowed to substitute ACC 370 in place of BLW 201. |
| 3 | All business majors take BUS 102. Actuarial Science students must take MAT 151 in lieu of BUS 102. BSB analytics content met within Actuarial Science major requirements |
| 4 | Finance majors, Finance secondary/double majors, Finance minors, Finance Honors majors, Finance Honors secondary/double majors, and Actuarial Science majors must take FIN 320. |
| 5 | MGT 301-H is required if pursuing the Management Honors Program. |
| 6 | Majors and double majors in Accountancy, Actuarial Sciences, Economics, Finance, Finance Honors and Management Information Systems and Finance minors must take FIN 310. |
| 7 | MIS majors and minors must take MIS 140. |
| 8 | MKT majors and Sales minors must take MKT 376. |
| 9 | Entrepreneurship majors and minors must take ICS 394. |
| 10 | A course taken for Global Business Perspective that is in a student's major or minor field must be completed with a minimum grade of C- . |
| 11 | Actuarial Science majors must take MAT 341 for Professional Writing; use of MAT 341 is limited to Actuarial Science majors. |
Business Ethics
All undergraduate students in the Driehaus College of Business complete a course in Business Ethics. It is recommended students take MGT 248 or PHL 248 in Philosophical Inquiry or MGT 228 or REL 228 in Religious Dimensions in the Liberal Studies Program (or University Honors Program) Requirements.
Second Majors and Minors
The addition of a second major or minor may affect the Business Core classes required for a student. Meet with an academic advisor to confirm requirements.
Math Requirements for all business majors (except Actuarial Science majors)
- MAT 137 may be replaced by MAT 348 or MAT 351; if done, an additional Scientific Inquiry course must be added to the degree plan.
Math Requirements for Actuarial Science majors
- An Actuarial Science student is expected to complete the Calculus sequence (MAT 150, MAT 151, and MAT 152) in the first year of study.
- Actuarial Science students do not take MAT 135, MAT 136, or MAT 137.
Global Business Perspective
If a course is shared between Global Business Perspective and the Entrepreneurship major, additional hours of Open Elective credit are required.
Business Capstone Selection
Students majoring in Entrepreneurship must complete ICS 394 for the Business Capstone.
Grade Minimums for Management Major
A minimum grade of C- is required for the following: ACC 101, ACC 102, BUS 102, ECO 105, ECO 106, MAT 137, MGT 300, MGT 301, the course used for Professional Writing, and any MGT or major course used for Global Business Perspective.
Liberal Studies Requirements
Honors program requirements can be found in the individual Colleges & Schools section of the University Catalog. Select the appropriate college or school, followed by Undergraduate Academics and scroll down.
| First Year Program | Hours | |
|---|---|---|
| Chicago Quarter | ||
| LSP 110 or LSP 111 | DISCOVER CHICAGO or EXPLORE CHICAGO | 4 |
| Focal Point | ||
| LSP 112 | FOCAL POINT SEMINAR | 4 |
| Writing | ||
| WRD 103 | COMPOSITION AND RHETORIC I 1 | 4 |
| WRD 104 | COMPOSITION AND RHETORIC II 1 | 4 |
| Quantitative Reasoning & Technological Literacy | ||
| Not Required | ||
| Sophomore Year | ||
| Multiculturalism in the US | ||
| LSP 200 | SEMINAR ON MULTICULTURALISM IN THE UNITED STATES | 4 |
| Junior Year | ||
| Experiential Learning | ||
| Required | 4 | |
| Senior Year | ||
| Capstone | ||
| ICS 392 | SENIOR SEMINAR 1 | 4 |
| 1 | Students must earn C- or better in this course. |
Learning Domains
Arts and Literature (AL)
- 3 AL Courses Required
Historical Inquiry (HI)
- 2 HI Courses Required
Philosophical Inquiry (PI)
- 2 PI Courses Required1
Religious Dimensions (RD)
- 2 RD Courses Required1
Scientific Inquiry (SI)
- MAT 137
- 1 Lab or SWK Course
Social, Cultural, and Behavioral Inquiry (SCBI)
- 1 SCBI Course Required
| 1 | PHL 248 / MGT 248 is required in PI or REL 228 / MGT 228 is required in RD. |
Notes
Specified required courses within Liberal Studies may have grade minimums (e.g. C- or better). Please consult your advisor or your college and major requirements.
Courses offered in the student's primary major cannot be taken to fulfill LSP Domain requirements. If students double major, LSP Domain courses may double count for both LSP credit and the second major. Students who choose to take an experiential learning course offered by the major may count it either as a general elective or the Experiential Learning requirement.
In meeting learning domain requirements, no more than one course that is outside the student’s major and is cross-listed with a course within the student’s major, can be applied to count for LSP domain credit. This policy does not apply to those who are pursuing a double major or earning BFA or BM degrees.
Major Requirements
Course Requirements
In addition to MGT 300 and MGT 301 a student majoring in Entrepreneurship is required to complete the following courses totaling at least 42.0 hours:
| Course | Title | Quarter Hours |
|---|---|---|
| MGT 250 | CAREER MANAGEMENT SKILLS | 2 |
| MGT 270 | INTRODUCTION TO ENTREPRENEURSHIP | 4 |
| MGT 314 | BUSINESS ANALYTICS FOUNDATION TOOLS | 4 |
| MGT 370 | BUSINESS PLAN DEVELOPMENT | 4 |
| MGT 373 | CREATIVITY & ENTREPRENEURSHIP | 4 |
| MGT 374 | ENTREPRENEURSHIP LAW | 4 |
| MGT 390 | INNOVATION & TECHNOLOGY | 4 |
| MGT 395 | SOCIAL ENTREPRENEURSHIP | 4 |
| FIN 355 | GLOBAL IPOs & VENTURE CAPITAL | 4 |
| MKT 377 | SALES FUNDAMENTALS | 4 |
| One elective to be chose from: | 4 | |
| MANAGING PROJECTS AND TEAMS | ||
| SUPPLY CHAIN MANAGEMENT | ||
| SUSTAINABLE MANAGEMENT | ||
| RECRUITMENT AND SELECTION | ||
| SERVICE SECTOR MANAGEMENT | ||
| HEALTH CARE MANAGEMENT | ||
| INTRODUCTION TO SPORTS MANAGEMENT | ||
| LEADERSHIP | ||
| ENTREPRENEURSHIP PRACTICUM | ||
| WOMEN ENTREPRENEURS | ||
| MANAGEMENT INTERNSHIP | ||
| SPECIAL TOPICS (when related to Entrepreneurship) | ||
| INDEPENDENT STUDY (with department approval) | ||
| INTRODUCTION TO HOSPITALITY | ||
| SPECIAL TOPICS IN HOSPITALITY (Restaurant Entrepreneurship Only) | ||
| INTERNATIONAL BUSINESS SEMINAR (when related to Entrepreneurship) | ||
| NEW PRODUCT DEVELOPMENT | ||
Open Electives
Open elective credit (8.0 hours) is needed to meet the minimum graduation requirement of 192 hours.
Global Business Perspective
If an course is shared between Global Business Perspective and the Entrepreneurship major, additional hours of Open Elective credit are required. Any course used toward the Entrepreneurship major and Global Business Perspective must be passed with C- or higher.
Business Capstone Selection
Students majoring in Entrepreneurship must complete ICS 394 for the Business Capstone.
Career Management Course
Students are required to complete the Career Course (250) associated with the major. Students who double major may choose the Career Course (250) associated with either major provided that hours for graduation are satisfied.
Experiential Learning
If either MGT 393 or ICS 350 is completed in the Entrepreneurship major consult with academic advisor regarding options for Experiential Learning.
Graduation Requirements
All Management (MGT) and other courses used toward the Entrepreneurship major must be completed with a minimum grade of C- and with a combined GPA of 2.000 or higher.