Entrepreneurial Studies is an interdisciplinary program that provides opportunities to students to learn about entrepreneurship – the process of creating value through recognizing and developing opportunities. It serves to complement the student’s major area of study, in any college, by offering a means of putting theory and science into practice.
The goal of the entrepreneurial studies program is to provide the knowledge and skills needed to create value through recognizing and developing opportunities. In addition to feasibility analysis and business planning, the program deals with the topics of innovation, opportunity recognition, technology transfer, industry analysis, and competitive strategy. Although the program introduces some fundamental concepts from accounting, finance, marketing, and management, it does not attempt to substitute for any business course in these areas.
The ISU Pappajohn Center for Entrepreneurship enhances the classroom experience by providing opportunities to collaborate with other entrepreneurial-minded students across campus, and has built a ladder of programs for the entrepreneurial-minded student. Students have the opportunity to pitch their ideas, receive feedback, and network with successful entrepreneurs. They may also participate in CYstarters, the first student accelerator at Iowa State.
A student seeking a minor in entrepreneurial studies must successfully complete a minimum of 15 credits in courses approved for use in the entrepreneurial studies program. Up to 6 of the 15 credits required for the minor may also be used in the student’s required program of study.
Required Courses (6 cr):
- Management 310 (3 cr) Entrepreneurship and Innovation
- Management 313* (3 cr) Feasibility Analysis and Business Planning
- Management 410* (3 cr) Social Entrepreneurship
*Choose either Management 313 or 410. Management 310 is required.
Elective Courses (6 cr):
Electives from an approved list of entrepreneurship-related courses. Students are encouraged to take electives within their major colleges.
Experiential Learning (3 cr):
Students will engage in the process(es) of entrepreneurship to earn experiential learning credits. Entrepreneurial processes include activities related to:
- Opportunity recognition
- Opportunity evaluation
- Creative problem-solving
- Mitigating risk
- Thinking and acting as a guerilla
- Resource leveraging
- Managing ambiguity and uncertainty
- Building a plan for an innovative concept
- Implementation of change
- The entrepreneurial process
The required three credits of experiential learning can be earned by either taking a course that has been designated as an experiential learning course or using some other experiential learning activity as the basis to receive credits through a graded independent study. Three options are explained in more detail below.
Courses that are pre-approved to meet the experiential learning requirement are indicated on the 2017-Present Elective List. For these courses, the column labeled “Designated for Experiential Credits,” will say “YES” and the column labeled “Experiential Content Requires Approval” will say “NO.” If you select one of these courses, simply include it on your “request for minor” form and indicate that it meets the experiential learning requirement with an (E) behind the course number on the form.
Some project courses have been designated on the 2017-Present Elective List as appropriate for experiential learning credits if prior approval has been obtained from the Entrepreneurship Supervisory Committee (both the “Designated for Experiential Credits” and the “Experiential Content Requires Approval columns say “YES”). Approval must be obtained before registering for the designated course and will be based on the extent to which the nature and scope of the course content specifically relate to entrepreneurial processes. To seek approval, students fill out the college specific Independent Study form below and obtain the signature of the course instructor to verify the course content. Follow the directions on the form for obtaining approval. Students who follow this option would list the appropriate college course number on the “request for minor” form indicating that it meets the experiential learning requirement.
Students may earn three credits of experiential learning through an independent study. The independent study may be based on an internship, co-op, starting a business, running a business, writing a business plan, etc. Note that some courses are listed on the 2017-Present Elective List that may count toward experiential learning credits but must be approved by the Entrepreneurship Supervisory Committee (both the “Designated for Experiential Credits” and the “Experiential Content Requires Approval columns say “YES”). Approval must be obtained before registering for the independent study and will be based on the extent to which the nature and scope of the independent study specifically relate to entrepreneurial processes. To seek approval, students must identify a faculty member willing to supervise the study and complete the entrepreneurship independent study form (choose link below for home college). Follow the directions on the form for obtaining approval and registering for independent study credits. Students who follow this option would list the appropriate college course number for their independent study on the “request for minor” form.