Fall 2022  |  ENTR 6021 Section 070: Developing New Ventures (22942)

Instructor(s)
Class Component:
Lecture
Credits:
2 Credits
Repeat Credit Limit:
4 Credits
Grading Basis:
A-F only
Instructor Consent:
No Special Consent Required
Instruction Mode:
Completely Online
Enrollment Requirements:
MBA or Mgmt Science MBA
Times and Locations:
First Half of Term
 
09/06/2022 - 10/24/2022
Off Campus
Virtual Rooms ONLINEONLY
Enrollment Status:
Open (32 of 48 seats filled)
Also Offered:
Course Catalog Description:
This seven-week course is for students interested in learning how to design and pitch a new venture (ventures can include for-profit startups, nonprofit startups, or internal corporate product/service development initiatives). Students work in teams to develop and write a business proposal for their "own" venture and consider the practical aspects associated with securing buy-in. Students will engage in all aspects of the proposal development process including designing, testing, validating, pitching, advancing/defending, iterating, and effectively implementing the proposal. Students will also have the opportunity to observe, analyze, and learn from the development and implementation efforts of others.
Class Description:
Students work in a collaborative setting to write a business plan for their "own" business venture launch, either via a startup or acquisition. The course includes weekly class meetings where each team of students presents various aspects of their business plan as they develop it, such as the elevator pitch, company mission, product/ service value proposition, customer and market segmentation, competitive analysis, business strategy, marketing plan and financial projections. Students analyze and provide feedback on each other's plans and learn from each other's analysis. At the end of the course, students present their written business plan.
Who Should Take This Class?:
Students interested in starting their own business, are who plan to work for a start-up company. This course is reserved for MBA students. If you are a non-MBA student seeking to take this course, fill out the petition form found at goo.gl/9Y9PR5. Additional information, including petition deadlines, can be found at http://carlsonschool.umn.edu/degrees/master-business-administration/part-time-mba/admissions/mba-course-petition-form
Learning Objectives:
This course is designed to teach students how to write a business plan. The students are introduced to the requirements for a good business plan, and are expected to write and present their plan. Student will work in teams and write a plan for a business startup. Students have to present their business plans in class, and a "consultant" (another student team) is asked to analyze the business plan and make recommendations to the "clients" (the class) on whether or not they should finance or approve the venture.
Textbooks:
https://bookstores.umn.edu/course-lookup/22942/1229
Instructor Supplied Information Last Updated:
16 February 2017

ClassInfo Links - Fall 2022 Entrepreneurship Classes

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