Major in Entrepreneurship

Why
Entrepreneurship is an innovation-creating process that can build a scalable business model that can be profitable in today’s (and tomorrow’s) economy. Even if a person is not ready or interested in being an entrepreneur, the entrepreneurship core classes and the major itself are valuable to gain understanding of the significant role and impact of small business in Canada and globally. Small business (under 100 employees) and medium-sized businesses (101-499 employees) contribute over 50% of Canada’s Gross Domestic Product (Statistics Canada, 2017). Further, almost 90% of Canada’s private sector work for small and medium-sized businesses (Statistics Canada, 2017) so the likelihood is many Hill School graduates will work for and with entrepreneurs.

Who It’s For
The Entrepreneurship Major would be of interest to: 1) potential entrepreneurs; 2) future intrapreneurs – people inside organizations that use entrepreneurship principles to create profitable business lines or introduce major change; and 3) business service providers – consultants, financers and bankers, accountants, lawyers and others that work closely with start-up and operating businesses and current small business owners who are interested in being alert to and seizing new opportunities through their existing organizations.

What It Looks Like
In the Entrepreneurship major, students will learn, understand, and apply entrepreneurship principles and practices, such as:

  • Identify and evaluate opportunities,
  • Gain insight on the creative process leading to innovation,
  • Learn about early stage business management,
  • Understand the development of a sustainable business model using the 9-element business model canvas,
  • Apply marketing knowledge to an entrepreneurial context, learn about venture capital and financing start-up and operational businesses,
  • Apply functional areas such as accounting and marketing to develop a working business plan, and gain the skills and tools to innovate and strengthen existing business models.

The major has a small core of courses, which are designed to be completed quickly so that students can develop business ideas into opportunities while in the classes. These are applied courses – students learn and comprehend concepts through application. Students begin at the 30,000 foot level perspective and with new knowledge gradually narrow their perspective to the “boots on the ground” application.

ENTREPRENEURSHIP Major (5 courses):

Required

BUS 302 Small Business Management

BUS 304 Innovation and Entrepreneurship

One of: BUS 402 or BUS 403

Choose 2

BUS 301, 303, 314, 335AB, 376AA-ZZ, 394, 402, 403, 476 AA-ZZ, Entrepreneurship course approved by Associate Dean.