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Business program

The nationally ranked Master of Science (MS) in Entrepreneurship prepares students to excel as leaders in start-ups, creative corporate environments, and organizations that support entrepreneurship. Students gain the proficiency necessary to take on a variety of entrepreneurial opportunities, such as creating a concept and starting a new business, pursuing entrepreneurship and innovation within existing companies such as cultivating new product development strategies, or becoming involved on the funding side with angel investment and venture capital firms. The cohorted program covers general business skills such as leadership, innovation management, and accounting and entrepreneurship-specific topics such as legal, financial, and creative aspects of ventures. Students can customize their degree by selecting elective classes on topics such as sustainable and social enterprise, marketing, or hospitality. Residencies offer an opportunity to establish connections in Chicago’s entrepreneurial ecosystem. Students can participate in the Coleman Entrepreneurship Center’s programs that offer mentorship, internships, workshops, and pitch competitions.

Program Features

Through the MS in Entrepreneurship program, you will gain knowledge in:

  • Entrepreneurial mindset
  • Innovation and design thinking
  • Entrepreneurial leadership
  • Social and Sustainable Enterprise
  • Ethical decision-making
  • Financial management
  • Fundraising knowledge
  • Sales and marketing
  • Managing technology and change
  • Legal aspects of entrepreneurship
Program Requirements Quarter Hours
Degree Requirements 48
Total hours required 48

Learning Outcomes

Students will be able to:

  • Explain the unique nature of entrepreneurship.
  • Explain the entrepreneurial process.
  • Demonstrate skills inquiry, critical thinking, problem solving, and strategic analysis.
  • Effectively contribute to the performance of a group as the group addresses practical business situations, and assume a leadership role as appropriate.

Degree Requirements

Course Requirements

The MS in Entrepreneurship program requires twelve courses (48 credit hours) - eight core courses (32 credit hours) , three elective courses (12 credit hours), and a required residency (4 credit hours).

Core Courses:  8 Required  (32 credit hours)

Course Title Quarter Hours
ACC 500FINANCIAL ACCOUNTING4
MGT 500LEADING EFFECTIVE AND ETHICAL ORGANIZATIONS4
MGT 530LEADERSHIP IN ORGANIZATIONS4
MGT 569LEGAL ASPECTS OF ENTREPRENEURSHIP4
MGT 570ENTREPRENEURSHIP AND NEW VENTURE MANAGEMENT4
MGT 571FINANCING NEW VENTURES4
GSB 525BUSINESS INNOVATION & DESIGN (FORMERLY MGT 573)4
MGT 590MANAGEMENT OF INNOVATION AND TECHNOLOGICAL CHANGE4

Required Residencies: 2 (4 credits) 

Course Title Quarter Hours
MGT 605ENTREPRENEURSHIP EXPERIENCE RESIDENCY 12
MGT 606ENTREPRENEURSHIP EXPERIENCE RESIDENCY 22

Elective Requirements: 3 Required (12 credit hours)

Course Title Quarter Hours
Select 3 of the following:12
MANAGING THE GUEST/EMPLOYEE EXPERIENCE
SERVICE & INNOVATION IN HOSPITALITY & TOURISM DEVELOPMENT
SUSTAINABILITY MANAGEMENT
INTERNATIONAL MANAGEMENT
NEGOTIATION SKILLS
WOMEN ENTREPRENEURS
SOCIAL ENTERPRISE
PROJECT MANAGEMENT
SPECIAL TOPICS (Related to Entrepreneurship)
PRECISION MARKETING
CUSTOMER RELATIONSHIP MANAGEMENT
INTERNET AND INTERACTIVE MARKETING
MARKETING MANAGEMENT

​Degree Requirements

  • Satisfactory completion of the college residency requirement.
  • Satisfactory completion of the 12 required courses, or their substitutes as approved by the Chair of the Management Department.
  • All courses for credit toward the degree must be completed within six calendar years after the candidate’s first term of enrollment in the Kellstadt Graduate School of Business. After a lapse of six years a course is expired. An expired course is not acceptable for the purpose of satisfaction of degree requirements and is not applicable to the degree.