Entrepreneurs see the world differently. As they move through life, they see the possibility for change and improvement in many of our daily activities. They're also very driven, self-motivated, and resilient. The Millikin Entrepreneurship program could be for you if:
- You want to manage your own business.
- Being a self-employed, free agent sounds like your kind of work environment.
- Taking ownership of projects and leading within an organization is something you're naturally built for.
While practicing and mastering business principles, you will experience and perform business ownership and operation functions through the administration of a student-run business or you own business. As an entrepreneurship major, our faculty will help you grow the skills and awareness to succeed in conceptualizing, running, and growing your own business. Specifically, we'll help you:
- Learn to recognize opportunities, assess risk, and marshal resources.
- Gain experience and ownership through operating a student-run business or your own business.
- Perform business ownership functions through work experiences in local and international internships and small business consulting opportunities.
Students in the Entrepreneurship Major will complete 22 credit hours of business and entrepreneurship courses in addition to the Tabor School of Business core curriculum.
Departmental Course Offerings
Courses change each semester, so this list should not be considered a commitment to these individual topics. However, this does represent a list of many of our current and popular courses. The list is provided so that you can begin to imagine your academic career at Millikin in this major.
|ET260. Create, Lead, & Own YOU||This 1 credit hour course will provide students with the opportunity to explore entity creation and leadership as a career direction. Create, Lead, & Own YOU 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 foward. (1 credit)|
|ET310. Social Entrepreneurship||This 5 week course module will examine how social entrepreneurship balances moral imperatives and profit motives while addressing social problems or needs that are unmet by private markets or governments. (1 credit)|
|ET320. Funding New Ventures||This 5 week course module will cover how to determine the initial capital requirements, capital needs, and the planning of future capital requirements for business startups. Raising the needed capital for a startup is ultimately up to the entrepreneur so this course will also cover the sources of funding, how to find them, how to relate to them, and how each funding source impacts the business and the entrepreneur. (1 credit)|
|ET330. Corporate Entrepreneurship||This 5 week course module is about investigating and understanding the frameworks of corporate entrepreneurship as a strategy for business renewal and capturing value in the marketplace by creating an innovative and entrepreneurial culture. Students will gain an understanding of the nature of entrepreneurship as a catalyst for change through innovation. (1 credit)|
|ET340. Foundations of Entrepreneurship||This course will provide students with the understanding of hte entrepreneurship process: Recognize opportunity, identify target market, convert idea to concept, determine and acquire resources, implement and lead the organization, and harvest and exit. Searching for a valid business model, students will take their business idea through the process and create a feasibility study and operating plan. Students will also acquire an understanding of business ethics and social responsibility in business creation. Pre-requisite: AC230 or AC210. (3 credits)|
|ET360. Special Topics in Entrepreneurship||This course provides either an in-depth study of a particular topic or broad view of several topics of current interest in the entrepreneurship area. The course incorporates relevant experiential learning activities such as case and field trips where appropriate. (1-3 credits)|
|ET380. The Art of Entrepreneurship||The course provides students with the full range of practical application of entrepreneurial theories behind new venture creation. Students will ideate, pitch, fund, launch, and harvest a micro-venture of their own imagination and/or passion. The course focuses on understanding the process of creativity and opportunity recognition and introduces students to the risks and rewards of ownership through a venture of their own design. The course engages in new venture creation, customer empathy, sales and income generation, and documentation. Finally, students keep the profits from their venture, and some students choose to continue their venture following the course. (3 credits)|
|ET381, 382. Entrepreneurship Practicum||The course/practicum involves students working with problems that confront small businesses and entrepreneurs. It provides a supervised experience entailing work on one of several projects to assist mostly, but not limited to, campus-located ventures in developing systems and strategies for successful outcomes. Students will interact with business school faculty, staff, student supervisors, and student owners in an environment that will require idea-sharing and teamwork. The course is available in 1, 2, or 3 credit hour segments. The course will satisfy off-campus Tabor requirements. Pre-requisite: BU100 and consent of instructor. (1-3 credits)|
|ET383. Innovation Lab||This course will provide innovators with the frameworks to innovate within their discipline(s), define and understand customer markets, research opportunities, develop a prototype. The course focuses on understanding the process of creativity regardless of discipline and from idea through prototype, and introduces students to the meaning and implications of innovation. This is primarily a Performance Learning course with measurable objectives and activities. Prerequisites: ET340 and ET380, ET390, or approved Student-Run Venture Experience. (3 credits)|
|ET390. Blue Connection||Students enrolled in ET390 are the Gallery Team of Blue Connection, Millikin's student-run retail art gallery. The Gallery Team meets weekly to establish goals for management, inventory, marketing, collaboration, and finance. They set timelines and execute plans in addition to presenting reports to faculty and advisory boards. Emphasis is placed on strategic planning, opportunity recognition, and ownership. (1-3 credits)|
|ET400. Small Business Consulting||Designed to help students integrate previously studied business disciplines by consulting with firms seeking management assistance. Students work in teams to apply theoretical knowledge to the solution of real business problems. Pre-requisites: Senior standing and consent of instructor. (3 credits)|
|ET410. Entrepreneurial Consulting: An International Experience||Provides students with the opportunity to apply concepts learned to real world situations. Operating in teams, students will provide consulting to small/medium-sized business enterprises under the direction of a faculty team. Students will explore potential markets in the US for international businesses not presently importing to the United States. Pre-requisite: Senior standing and consent of instructor. (3 credits)|
|ET430. International Entrepreneurship||This course takes students beyond the introductory aspect of international business (BU330) and focuses on the exploration of entrepreneurial opportunities in an international theater. The course is practice oriented and will involve engagement in activities such as business plan creation, creation of a marketing or business development plan, or participation in an international business plan competition. Students will refine their skills in business plan creation and will expand learning in organizational planning, international market research, accounting and finance, marketing and management. (3 credits)|
|ET470, 471. Entrepreneurial Internship||A cooperative course between the University and selected businesses to develop further professional training of entrepreneurship majors. Combination of work experience and written reports. Pre-requisites: consent of instructor and Entrepreneurship coordinator. (1-3 credits)|
Sample Plan of Study
This plan of study shows the types of courses you might take as a student in this major. This is presented simply to provide a realistic preview of your coursework. Once you enroll at Millikin, a faculty advisor will guide you through the process of selecting courses that will help you graduate on-time from this program. While this sample demonstrates a plan of study that covers eight semesters, each student’s academic path is unique and your timeline may look different.
|Semester 1||Semester 2|
|IN140: University Seminar||IN151: Critical Writing, Reading and Research II|
|IN150: Critical Writing, Reading & Research I||IS240: Foundations of Information Systems|
|BU100: Business Creation||MA130: Business Statistics|
|BU111: Team Dynamics||EC100 or EC110: Principles of Macro/Microeconomics|
|IS130: Spreadsheet Applications||AC230: Introduction to Financial Statements|
|MA109: Finite Math (or appropriate math; see advisor)|
|Semester 3||Semester 4|
|EC100 or EC110: Principles of Macro/Microeconomics||MK200: Principles of Marketing|
|ET260: Create, Lead, and Own YOU||IS270: Database Fundamentals|
|AC240: Managerial Accounting||BU250: Written Business Communication|
|BU230: Business Conversations||Fine Arts|
|Semester 5||Semester 6|
|MG300: People and Performance||BU330: International Business|
|MG260: Business Law||PH215: Business Ethics|
|MG275: Project Management Practicum||FI300: Personal Finance|
|FI340: Introduction to Financial Management||Elective|
|ET320: Funding New Ventures||ET380: Art of Entrepreneurship|
|ET340: Foundations of Entrepreneurship||MK308: Consumer Behavior and Analytics|
|Semester 7||Semester 8|
|MG370: Operations Management||BU450: Business Strategy|
|Natural Science||ET471: Entrepreneurship Internship|
|ET390: Student-run Venture Experience||ET Elective|
Download the Plan of Study for this major.