The Minor in Entrepreneurship is offered to provide the non-business student with the fundamental principles it takes to launch and own a business. The Minor in Entrepreneurship is available to students majoring in the College of Fine Arts, College of Arts and Sciences, and the College of Professional Studies. It is not available to those majoring in the Tabor School of Business. To complete the Minor in Entrepreneurship, a student must maintain a grade point average of at least 2.50 in the required Tabor School courses. Students wishing to elect the Minor in Entrepreneurship must complete a formal minor declaration in the Tabor School.
Student Outcome Goals
- Students will understand what it takes to transform creative ideas into commercially viable businesses through a cohesive process of creativity, risk-taking and planning.
- Students will engage in the creative process of opportunity recognition by adding value to a concept and taking action to make it real.
Students in the Entrepreneurship Minor will be required to complete 23 semester hours of business and entrepreneurship courses:
ET 260. Create & Lead-.com.org.life (1)
This 1 credit hour course will provide students with the opportunity to explore entity creation and leadership as a career direction. Create & Lead-.com.org.life is designed to help students embrace creation and leadership as life-long activities. This class will explore how each of us is capable of creating the future, whether by founding a fast-growing innovative business, giving life to a community event to raise awareness and funds for a good cause, effectively steering and developing an artistic career, or simply by facing a nagging day-to-day problem head on. Students will use self –analysis, observations, readings, and discussions to move students forward.
EC 120. Principles of Economics (3)
Economics 120 is designed to give students an introduction to the core concepts of economics with an emphasis on real-world examples and current events. Learning to analyze problems and make decisions is a major theme throughout the course. The course will look at how markets work and don’t work, how businesses and consumers make decisions, and issues such as inflation and unemployment with their possible causes and cures. The roles of the government and the Federal Reserve in the economy will be examined as well. What students learn in this course will help them to make more informed decisions in their roles as voters, consumers, workers and citizens. Pre-requisite: University mathematics competency (see General Education requirements)
AC 210. Principles of Accounting (3)
The course is designed to provide students with the ability to understand how financial transactions are systematically captured and reported in financial statements. In addition, students will understand how to use information obtained from the financial statements to improve operational efficiency and profitability.
FI 300. Personal Finance (1)
Personal Finance is designed to provide students with the basic knowledge of how to successfully handle their personal finances at all stages of their life. This course covers financial planning, managing money and credit, insurance issues, investing topics, retirement and estate planning and dealing with financial life events.
ET 340. Foundations of Entrepreneurship (3)
The course provides an understanding of the roles of economic environment awareness and idea recognition as fundamental ingredients in the entrepreneurial process. Students will learn to use analytical tools to assess the feasibility of the idea as a successful business opportunity. The course also addresses the multiple definitions of success as it pertains to financial, social, ethical, and self-worth issues.
ET 380. The Art of Entrepreneurship (3)
The course will provide students with the foundation to analyze the marketing, operations, and financial functions of a new business utilizing Millikin’s student-run ventures. The course focuses on understanding the process of creativity and opportunity recognition and introduces students to the meaning and implications of ownership through their participation at a student venture.
ET 390. Blue Connection (3)
Students enrolled in ET390 are the Leadership Team of Blue Connection, Millikin’s student-run retail art gallery. The Leadership Team meets weekly to establish goals, set timelines, and execute plans in addition to presenting a monthly report to Blue Connection’s Board. Emphasis is placed on strategic planning, opportunity recognition, and ownership. Pre-requisite: ET380 or consent of instructor.
MG 300. Principles of Management (3)
Organizations compete, survive, and thrive based on their ability to use the resources under their control to achieve the desired objectives. Managers are people in organizations who are given the power to decide what resources to use and how to use them. Topics explored include: organizational environments, corporate governance, organizational structure, goal-setting and planning, decision-making and problem- solving, organizational change and innovation, ethics and social responsibility, leadership and motivation, interpersonal relations and communication, managing work groups and teams, and basic elements of control. Pre-requisite: junior standing
MK 3**, 300 level Marketing Course (3)
Select any 300 level Marketing course that meets your personal career needs. Principles of Marketing, Advertising, and Personal Selling, among others are available.