Home Campus Directory | A-Z Index

New Venture Cluster

Core Courses:

Total number of credits: 9

Three core courses in the ENTI Minor form foundational knowledge, skills and insights into entrepreneurship, innovation and new career path options. Courses will be cross listed with ENTR after the ENTI Minor is approved.

MGMT 215 - Entrepreneurial Mindset 

ENGR 310 - Entrepreneurial Leadership 

MGMT 425 (ENGR 425/IST 425) - New Venture Creation 

Students who complete these core courses develop skills in seven areas:

Self-efficacy – the belief in yourself that you can define a target and are able to attain your personal goals.

Leadership – the ability to bring others along to share in the opportunity and motivate effective teams with compelling communication.

Recognition of new opportunities – the ability to perceive needs where others have not.

Resourcefulness – the ability to build value using resources not fully under one's own control.

Creativity – the ability to look at problems from many angles and to synthesize new solutions from existing parts.

Comfort with ambiguity and failure – the ability to reach decisions based on complex, often conflicting sets of data.

Business acumen – working understanding of finance, marketing, intellectual property. 

New Ventures Cluster:

Total number of credits in this cluster: 9 or 10
Students may not use a required course from their major in the ENTI minor. Other courses, such as technical electives, out-of-college electives, and general education courses may be able to be used to meet requirements in major as well as the ENTI minor. Students may substitute up to 3 credits of research topics, internship or independent studies courses focused on relevant entrepreneurship or innovation topics in consultation with an adviser. 

BA 243 - Social, Legal, and Ethical Environment of Business
BA 250 - Small Business Management
MGMT 427 - Managing an Entrepreneurial Startup Company

The New Ventures Cluster is designed to help student develop the skills and ways of thinking required to create, develop, innovate and manage entrepreneurial companies. A successful start-up venture requires a wide range of managerial skills not usually demanded in one person within a larger organization, such as:
  • Acquiring and balancing limited resources
  • Changing direction quickly
  • Building a coherent team
  • Managing intellectual property
  • Creating new markets

The number of credits in this cluster depend on the selection of courses in the area of business law; see list of courses below. Students who complete this cluster develop skills and knowledge in 14 areas:
  • Opportunity recognition
  • New product development
  • Innovative thinking
  • Tolerance for ambiguity
  • Resource acquisition
  • Effective negotiation
  • Entrepreneurial management
  • Entrepreneurial finance
  • Effective teamwork
  • Entrepreneurial marketing
  • Entrepreneurial and innovation strategy
  • Technology commercialization
  • Intellectual property management
  • Business law