Entrepreneurship Major/Minor

The entrepreneurship major at Saint Mary’s combines the study of small business management with an in-depth analysis of ways new business ventures are created and developed.

Processes and procedures necessary to transform an initial entrepreneurial idea into a viable business operation are the central focus of the major. The entrepreneurship major is recommended for students planning to work in a small business or who intend to start and operate their own small business.

Career Options

Small business manager; business consultant; venture capitalist; investment analyst; management analyst; market research analyst; e-commerce analyst; sales associate; nonprofit executive; corporate entrepreneur; small business owner

High School Preparation

Accounting; Business; Calculus; Microeconomics; Statistics

Enhance Your Experience

Students who major in entrepreneurship oftentimes pursue a double major or minor in public relations or strategic communication.

Kabara Institute for Entrepreneurial Studies

The Kabara Institute aims to incite a passion for entrepreneurial spirit in students across the university, regardless of their major field of study. It enhances the entrepreneurship program offerings at Saint Mary’s by providing opportunities for students to interact with entrepreneurs and experience entrepreneurship first-hand, and fosters a greater understanding and appreciation of the importance of entrepreneurs and entrepreneurship in our society.

Minor Information

The entrepreneurship minor pairs well with a major outside of the Business Department such as art studiodigital media and journalism, digital graphic design, or music industry. The entrepreneurship minor is not allowed with any of the business majors.

Degree Requirements

A. All of the following:

AC222 Accounting Concepts (3 cr.)

This course provides an introduction to accounting with an emphasis on the interpretation and use of accounting information for effective business decision-making. The course employs an "information user/managerial approach" rather than an "information preparer approach." Students are introduced to the accounting system, financial statement analysis, and quantitative managerial accounting techniques.

BU243 Business Computer Applications (3 cr.)

This course provides in-depth coverage of Microsoft Excel and Access in the context of business applications. Excel topics include formulas and functions, charting, large datasets, pivot tables and what-if analysis. Access topics include relational database concepts, database design, basic query construction, and report generation. This course combines on-line and hands-on learning.

BU285 International Business Environment (3 cr.)

An introduction to the international business environment, including cultures, ethics, economics, geography, and legal systems, associated with our global society. The course serves as a foundation for international business majors and as a survey course for other business majors.

BU312 Business Law I (3 cr.)

This survey course is designed to introduce students to the study of law through a review of its historical origins, the various sources of the law and the practical context in which laws are applied. Particular attention is given to areas of law which are relevant to today's business environment; for example, torts, contracts, agency and sales.

BU452 Strategic Management (3 cr.)

This capstone course in business develops students' understanding of strategic decision-making through integrative use of business knowledge from each of the major functional areas in business. Extensive use of decision cases is made to address such issues as: What is strategy?, Who makes it?; What are the basic strategic options of a firm?; How is the business environment analyzed for strategic purposes? Highlights of the course include a business case competition and computer simulation.

EC261 Principles of Microeconomics (3 cr.)

A traditional introduction to the principles of microeconomics, concentrating on behavior of the household and the firm. The course analyzes factors determining prices, production and allocation of economic resources. Current issues are emphasized.

EC262 Principles of Macroeconomics (3 cr.)

A traditional introduction to the principles of macroeconomics, concentrating on how aggregate levels of economic activity are determined. The course analyzes macroeconomic policies and economic issues such as problems of unemployment and inflation. Current issues are emphasized.

FN341 Corporate Finance (3 cr.)

The goal of corporate financial management is to maximize the wealth of the stockholders. Decisions regarding risk and return, the management of current assets and current liabilities, and capital budgeting are examined in view of this goal. Students are also introduced to the stock market and other financial institutions and systems.

MG219 Principles of Management (3 cr.)

This first course in management stresses an understanding of the management functions as an integral part of the business organization. Attention is given to planning, leading, organizing, controlling and other aspects of the managerial process.

MK217 Principles of Marketing (3 cr.)

This beginning course in marketing develops an understanding of the marketing function and its central importance to the business organization. Attention is paid to a variety of marketing topics including products, channels and distribution, pricing, promotion, buyer behavior, and ethical issues in marketing.

PH362 Business Ethics (3 cr.)

The course examines critically the major ethical or moral theories that are at the basis of decision making in the complex area of contemporary behavior we know as "the business world." It is recommended for business majors.

B. Mathematics: one of the following

(either M148 and M149 or M145 or M151):

M145 Finite Mathematics (3 cr.)

This course provides an introduction to noncalculus mathematical modeling methods prevalent in business. Topics include: matrix methods, systems of linear equations and inequalities, linear programming by the geometric method and by the simplex method, and the mathematics of finance.

M148 Calculus I with Precalculus (part 1) (4 cr.)

This course, followed by M149, provides a two-semester sequence that covers the material of M151 along with built-in coverage of precalculus topics. Topics in M148 include: solving equations, functions, classes of functions (polynomial, rational, algebraic, exponential, logarithmic), right triangle trigonometry, angle measure, limits and continuity, derivatives, rules for derivatives. Credit is not granted for this course and M151 or courses equivalent to college algebra and college trigonometry.

M149 Calculus I with Precalculus (part 2) (4 cr.)

This course completes the two-semester sequence that begins with M148, and together with M148 provides a two-semester sequence that covers the material of M151 along with built-in coverage of precalculus topics. Topics in M149 include: trigonometric and inverse trigonometric functions, rules for derivatives, applications of derivatives, and definite and indefinite integrals. Credit is not granted for this course and M151.

M151 Calculus I (4 cr.)

This course provides an introduction to the differential and integral calculus. Topics include: the concepts of function, limit, continuity, derivative, definite and indefinite integrals, and an introduction to transcendental functions. Credit is not granted for this course and M148 and M149.

Please Note:

An internship or a course approved by the department chair and department advisor.

C. All of the following:

FN345 Entrepreneurial Finance for Small Business (3 cr.)

This course examines the financial aspects of opening and operating a small business. Special attention is paid to financial analysis, budgeting, forecasting and capital budgeting and sources of funding. The course focuses on developing a financial plan, building on student work completed in MG315, addressing various  types of business entities such as sole proprietorships, partnerships, and small private corporations.

MG315 Entrepreneurship (3 cr.)

This course provides a first look and overview of modern entrepreneurship.  Course work includes: 1) developing ideas for new business ventures 2) proof of concept exercises 3) understanding various industry climates 4) being able to conduct marketing research and 5) developing a marketing plan.  The importance of entrepreneurship to modern market economies in discussed throughout.  Students will complete a detailed feasibility study and will learn how to compile the marketing section of the business plan for an original idea of their choosing.  Additionally, students will get a sense of what it takes to manage a business by operating the Cardinal Corner Student Store on campus.

MG317 Small Business Management (3 cr.)

This course examines the opening and operation of a small business. The course explores the dimensions and elements of small business management; concepts, methodologies, strategies, and structures. Upon completion of the course, the student is able to apply management, marketing, finance techniques to successfully manage a small business. 

MG465 Seminar: Advanced Entrepreneurship (3 cr.)

This capstone course in the entrepreneurship major is designed to integrate the content from previous entrepreneurial courses in the curriculum.  Application of various entrepreneurial terms, concepts and processes will be examined in-depth through case analysis, discussion and various assignments.  Emphasis is placed on the compilation and review of all elements of the business plan.  Additionally, students will be provided opportunities to present their completed plans to industry experts and to receive constructive feedback from them.

D. One of the following:

BU351 Information Systems for Business Intelligence (3 cr.)

This course focuses on the fundamentals of information systems and their foundational technologies as they can be used for business analysis and intelligence. Areas studied will include hardware, operating systems, database systems, knowledge management, decision support systems, and networked computing concepts. Data oriented techniques for business intelligence and decision making are introduced.

BU469 Business Capstone Project (3 cr.)

The topics and projects for this course vary according to the needs and interests of business majors.

E328 Professional Communication (3 cr.)

An introduction to professional communication, this course teaches students how to write documents commonly generated in the work world, such as emails, memos, resumes, letters, manuals, reports, and proposals. Students are invited to write documents for different audiences, especially those in a student's major field of study. Some attention may be given to incorporating visuals as well. Finally, general principles of the composing process, of grammar and mechanics, and of style are reviewed as needed.

MG336 Human Resource Management (3 cr.)

The course centers upon utilizing and managing human resources by effective integration of personal goals and organizational goals. Topics include motivation, job attitudes, job performance, appraisal, recruitment, selection, training, and compensation (salary and fringe benefits).

MG337 Project Management (3 cr.)

This course examines the project management framework and introduces key terms used in project management. This course will explore the dimensions and elements of project management; concepts, methodologies, strategies, and structures. Upon completion of the course, the student is able to apply project management techniques to develop timelines, network diagrams, and critical path analysis. During the semester, the student has the opportunity to work on a project of his/her own where he/she is able to demonstrate understanding of the course objectives.

MG409 Production and Operations Management (3 cr.)

This course presents the quantitative or management science approach to management. Topics which may be included are quality control, forecasting, inventory management, resource allocation, work design, scheduling, project management and control, and facility design and location. Current techniques and tools are examined and used.

MG496/497 Internship: Management (1–17 cr.)

An opportunity for qualified juniors or seniors to participate in a field experience under the guidance and supervision of competent professionals.

MK371 Professional Selling and Sales Management (3 cr.)

The selling component of this course involves learning selling concepts and the communications skills needed to apply them. Topics include prospecting, approaching the customer, determining customer wants and needs, making the sales presentation, overcoming objections, and closing the sale. The management component of the course involves recruiting and hiring, training, determining sales territories, sales forecasting, compensation schemes motivation, and management of sales force.

MK372 Advertising and Promotions (3 cr.)

This course examines the role of advertising and promotions in influencing target markets. Topics include planning an integrated marketing communication campaign, media planning and selection, creative concept development, measuring advertising effectiveness, determining advertising budgets, and uses of promotional tools to meet objectives.

MK411 Marketing Research (3 cr.)

This course is designed to provide an understanding of marketing research theory and practice. The aim is to present market research as a managerial tool with a decision-making orientation. The principles of marketing research are presented in a pragmatic "how-to-do-it" fashion. Learning is augmented by work on marketing research projects for businesses or other organizations whenever possible.

A. All of the following:

AC222 Accounting Concepts (3 cr.)

This course provides an introduction to accounting with an emphasis on the interpretation and use of accounting information for effective business decision-making. The course employs an "information user/managerial approach" rather than an "information preparer approach." Students are introduced to the accounting system, financial statement analysis, and quantitative managerial accounting techniques.

MG219 Principles of Management (3 cr.)

This first course in management stresses an understanding of the management functions as an integral part of the business organization. Attention is given to planning, leading, organizing, controlling and other aspects of the managerial process.

MG315 Entrepreneurship (3 cr.)

This course provides a first look and overview of modern entrepreneurship.  Course work includes: 1) developing ideas for new business ventures 2) proof of concept exercises 3) understanding various industry climates 4) being able to conduct marketing research and 5) developing a marketing plan.  The importance of entrepreneurship to modern market economies in discussed throughout.  Students will complete a detailed feasibility study and will learn how to compile the marketing section of the business plan for an original idea of their choosing.  Additionally, students will get a sense of what it takes to manage a business by operating the Cardinal Corner Student Store on campus.

MG317 Small Business Management (3 cr.)

This course examines the opening and operation of a small business. The course explores the dimensions and elements of small business management; concepts, methodologies, strategies, and structures. Upon completion of the course, the student is able to apply management, marketing, finance techniques to successfully manage a small business. 

MK217 Principles of Marketing (3 cr.)

This beginning course in marketing develops an understanding of the marketing function and its central importance to the business organization. Attention is paid to a variety of marketing topics including products, channels and distribution, pricing, promotion, buyer behavior, and ethical issues in marketing.

B. Three additional credits approved by the business department chair.