Program Description
In CMU’s entrepreneurship program, students like you gain startup skills, develop business models and dive into new endeavors. Investors, alumni, faculty members and entrepreneurs from across Michigan will mentor you as you launch your own unique venture. You can even earn capital for your startup business by participating in the New Venture Competition. Our curriculum pairs easily with many other majors, giving you endless learning and career opportunities.
Points of Pride
- Nearly 300 future entrepreneurs have competed in CMU’s New Venture Competition, and more than $250,000 in capital has been awarded since 2010. More than 15 former competitors remain in business today.
- In 2013, the New Venture Competition received the “Educational Program of the Year Award” from Automation Alley, Michigan’s largest technology business association.
Put Your Degree to Work
According to "Simply Hired," the average salary for an entrepreneurship graduate is $104,000.
U.S. Bureau of Labor Statistics sample data
| Job | Median Pay | Job Growth through 2022 |
|---|
| Sales manager | $105,260 per year | 8% (29,800 more jobs) |
| Promotions/marketing manager | $115,750 per year | 12% (25,4000 more jobs) |
| Management analyst | $78,600 per year | 19% (133,800 more jobs) |
Program Overview
The course listings below are a representation of what this academic program requires. For a full review of this program in detail please see our official online academic bulletin AND consult with an academic advisor. This listing does not include the General Education courses required for all majors and may not include some program specific information, such as admissions, retention, and termination standards.
(Click on the course name or number for a complete course description.)
Entrepreneurship Major
Total: 45-48 semester hours
Required Courses
(39-42 hours)
BUS 100
Essential Business Skills
3
Introduces students to the concept of a business, its disciplines, and essential business skills including decision making, team work, and oral and written communication. This course is approved for offering in a distance learning format.
ENT 200
Introduction to Entrepreneurship
3
Covers key entrepreneurship terms, concepts and resources. Students learn about the traits and importance of entrepreneurs, challenges entrepreneurs commonly face, and different entrepreneurial pathways. This course may be offered in an online format. Prerequisite: BUS 100 with a C or better.
ENT 210
Accounting Information for Entrepreneurial Decision Making
3
Introduction to principles of financial and managerial accounting, design of accounting systems, techniques of analysis and cost control. Interpretation of accounting information for decision making. Does not count for the School of Accounting major or minor. ENT 210 may not be used as a substitute for ACC 201 or ACC 250. This course may be offered in an online format.
ENT 213
Economics for Entrepreneurs
3
Introduction to the economic way of thinking and its applications to decision making in the business world. Emphasis on understanding and applying economic concepts. Does not count as credit for the Economics major or minor.
ENT 221
Marketing Strategies for Entrepreneurs
3
General marketing principles applied to the entrepreneurial venture including daily activities, long-term branding/position strategy, inexpensive ways to conduct research, and utilizing networks to identify/reach customers. This course may be offered in an online or hybrid format. Recommended: ENT 101, ENT 201.
ENT 300
Digital Entrepreneurship
3
The use and management of information systems (IS) by entrepreneurs around the world, creating value from information systems and exploring digital entrepreneurship. Prerequisite: 56 semester hours completed.
ENT 301
Innovation & Entrepreneurship
3
Explores the relationship between innovation, entrepreneurship and creativity. Students recognize, develop, and act on their potential for innovation. They generate, evaluate, and present entrepreneurial ideas. This course may be offered in an online format. Prerequisites: ENT 200 with a C or better; 56 semester hours completed.
ENT 320
Financial Management of the Entrepreneurial Venture
3
Practical application of financial principles to the creation, growth, and management of an entrepreneurial venture. This course may be offered in an online or hybrid format. Prerequisites: 56 semester hours completed; ACC 201, 210, 250, or ENT 210; STA 282; signed major or minor in Entrepreneurship.
ENT 419
Running and Growing an Entrepreneurial Venture in a Global Economy
3
This course emphasizes the acquisition of skills and knowledge necessary to successfully maintain and grow an established entrepreneurial venture within a global business environment. Prerequisites: 56 semester hours completed; signed major or minor in Entrepreneurship.
ENT 420
Legal Aspects of New Ventures
3
Introduces entrepreneurs to legal requirements for forming a business. Prerequisites: 86 semester hours completed; signed major or minor in Entrepreneurship.
ENT 444
Internship in Entrepreneurship
3-6
Student works full or part time in a business situation for educational experience. Must be arranged through Entrepreneurship Internship Supervisor. Prerequisites: ENT/ACC 210, ENT/ECO 213, and ENT/MKT 221. 56 semester hours completed; signed major or minor in Entrepreneurship, approval of Entrepreneurship Internship Supervisor. Recommended: ENT/FIN 320 and ENT/MGT 419.
ENT 495
Venture Development
3
Analyzing opportunities, writing business summaries, preparing financial projections, pitching opportunities, marshalling resources and other advanced entrepreneurship topics. This course may be offered in an online format. Prerequisites: ENT 301; 86 semester hours completed.
STA 282QR
Introduction to Statistics
3
Descriptive statistics, probability, sampling distributions, statistical inference, regression. Course does not count on major, minor in mathematics. Credit may not be earned in more than one of these courses: STA 282, STA 382, STA 392. Quantitative Reasoning. This course may be offered in an online or hybrid format. Recommended: MTH 105 or competency.
Electives
(6 hours)
Select 6 hours of the following:
BIS 315
Social Media and Emerging Technologies in Business
3
Design and implementation of social media strategies using emerging technologies in real-world business settings. This course may be offered in an online or hybrid format. Prerequisite: BUS 100 or BIS 100.
ENT 416
Entrepreneurship in the Global Economy
3
Primary focus is on how individuals and small companies recognize and seek out business opportunities in a global economy leveraging the power of technology; hands-on assignment-based course with a major global team project component. Does not count on the Department of Management majors or minors. Prerequisites: ENT 213, 221; 56 semester hours completed; signed major in Entrepreneurship.
ENT 492
Emerging Venture Consulting
3
Work with local small business clients and entrepreneurs to conduct analysis and provide deliverables that enable the business to operate more effectively and to grow. Prerequisites: 86 semester hours completed; signed major or minor in Entrepreneurship; ENT/MKT 221; ENT/BIS 300; ENT/FIN 320. Recommended: ENT/MGT 419.
ENT 497
Special Topics in Entrepreneurship
1-12
Selected topics not covered in existing courses with current topic listed in Course Search and Registration. Specific topics will be listed on the student's transcript. Repeatable up to 12 credits with different topics. Only 3 credits will count toward entrepreneurship major or minor. Prerequisite: See Course Search and Registration.
MKT 340
Personal Selling
3
Analysis of the field of personal selling as a vital element of the promotional efforts of the firm. Prerequisites: MKT 300 or 304; 56 semester hours completed; admission to Professional Business Studies or listed on a signed major or minor; or with approval from the Office of Undergraduate Business Studies. For students with a signed minor in Electronic Media Sales, BCA 265QR and 56 semester hours completed.
