Fall 2015  |  MGMT 4171W Section 001: Entrepreneurship in Action I (19653)

Class Component:
4 Credits
Grading Basis:
A-F only
Instructor Consent:
Department Consent Required
Instruction Mode:
In Person Term Based
Class Attributes:
UMNTC Liberal Education Requirement
Times and Locations:
Regular Academic Session
09/08/2015 - 12/16/2015
Mon, Wed 03:45PM - 05:25PM
UMTC, West Bank
Carlson School of Management 1-135
Also Offered:
Course Catalog Description:
Two-semester course. In fall, students identify a business oportunity, develop concept, determine resources required, and launch the business. In spring, students implement business plan, manage business, and determine exit strategy. prereq: 3010, [4008 or concurrent registration is required (or allowed) in 4008], completed coursework in business core, CSOM upper division, approved application
Class Notes:
Class Description:
This 2-semester capstone class offers a unique "hands-on" learning experience to conceive, launch and operate a real startup. Students gain hands-on experience with all aspects of business including sales and marketing, finance and accounting, supply chain, human resources and information technology. Students are encouraged to takes risks, learn from their mistakes and continue to improve and refine their business. Additionally, the students gain personal insights on the leadership, communication and organizational behavior issues faced within a real business. During the fall semester, students evaluate and develop potential business opportunities, select the businesses they will operate, determine the resources required and develop a plan to launch the business. During the spring semester, students implement the business plan, operate the business and determine the exit strategy. In addition to receiving support from Carlson faculty and experienced entrepreneurs, students interact with attorneys, bankers, accountants and other professional service providers. Each business receives up to $15,000 in funding and operates out of dedicated space in room 2-212. Students direct their profits to the University or another non-profit, within a range of acceptable options.
Instructor Supplied Information Last Updated:
15 June 2012

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