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Entrepreneurship & Innovation Minor

PLEASE NOTE: The following information relates to the Entrepreneurship & Innovation Minor, scheduled to begin in Spring Semester 2015.
For students who have begun the Entrepreneurship Minor prior to Spring 2015, please scroll to the bottom of this page for requirements or speak to an advisor.

Beginning Spring 2015

The Undergraduate Entrepreneurship & Innovation Minor is offered through a collaboration of the following colleges: Fisher College of Business, the College of Engineering, and the College of Arts and Sciences (Department of Design). Designed for capturing the economic value in creative ideas for commercially viable products and services, this educational program enhances a student’s understanding of and appreciation for entrepreneurship and innovation.

This program encourages exploration into personal career opportunities through entrepreneurial and innovation studies and develops specific competencies in the creation, growth and leadership of entrepreneurial enterprises.

This minor requires the successful completion of a minimum of 15 hours and five courses. Credit hours and prerequisites for each course are listed following the course title.

The Entrepreneurship & Innovation Minor does not have an application process. In order to graduate with an Entrepreneurship & Innovation Minor, you must meet the guidelines listed on the curriculum requirements page. Upon completing the requirements, a student needs only to file the Entrepreneurship & Innovation Minor Program Form with their college office. No approval from Fisher College of Business is required.

Course requirements for students enrolled in the Entrepreneurship Minor prior to Spring, 2015:

Bullet Semester requirements (Prior to Spring 2015)

The Entrepreneurship Minor does not have an application process. In order to graduate with an Entrepreneurship Minor under semesters, you must meet the guidelines listed on the curriculum requirements listed below. Upon completing the requirements, a student need only to file the Entrepreneurship Minor Program Form with their college office. No approval from Fisher College of Business is required.

Entrepreneurship Minor Requirements (Semesters)

Required Courses on Semesters

BUS-MHR 2500 - Entrepreneurship
Approved for GEC Credit - Social Sciences
Credits: 3; Prerequisites: None
Examines the theoretical foundations of innovation and entrepreneurship, including their influence on industry and market evolution.
BUS-MHR 3510.01 - New Venture Creation
-OR-
BUS-MHR 3510.02 - Creating Social Venture
Credits: 3, Prerequisites: BUS-MHR 2500
New Venture Creation: Explores the process for creating new ventures, including ideation, evaluation of business opportunities, business planning, and assembling business resources.
Creating Social Venture: Examines the creation of entrepreneurship ventures in the non-profit sector.

Elective Courses

The minor requires students to successfully complete at least three elective courses. It is recommended that students complete one elective from each of three content areas listed below.

Regardless, students will not be permitted to count more than two courses from any one content area for credit toward their minor. In addition, students are encouraged to take at least two electives outside their major areas of study.

Creativity, Innovation, and Idea Generation

BUS-M&L 3241 - Introduction to Entrepreneurial Marketing
Credits: 3; Prerequisites: Econ 2001.01 or AEDEcon 2001 or equivalent and Math 1130 or equivalent
Focuses on marketing concepts and methods of entrepreneurs leading growth-oriented companies.
BUS-MHR 3665 - Personal Creativity and Innovation
Credits: 3; Prerequisites: None
Explores how people, places, and practices foster personal creativity. Develops student's ability to create innovative concepts for new products and services.
ISE ME 5682* - Fundamentals of Product Design
Credits: 3; Prerequisites: Senior, graduate student, or by permission
Takes students through the product design process, from listening to the voice of the customer to idea generation and evaluation, system level design and system architecture, design for assembly and manufacturing, and lean manufacturing.
*For Autumn 2015, the substitute course for non-engineers will be ME 5194.
PSYCH 2462 - The Psychology of Creativity
Credits: 3; Prerequisites: Psych 1100 or 1100H
Examines the theories, definitions, processes and measurement of personal creativity.

Opportunity Evaluation and Venture Planning

AEDEcon 3102 - Principles of Agribusiness Marketing
Credits: 3; Prerequisites: AEDEcon 2001, 2001H, Econ 2001, or 2001H
Focuses on in-depth assessment of the marketing environment in specific food and natural resource industries and what it takes to successfully lead an entrepreneurial enterprise in these industries.
BUS-FIN 3290 - Foundations of Entrepreneurial Financing
Credits: 3, Prerequisites: BUSFIN 3120 or 3220
Presents a dynamic two part process in which companies invest in both real and human capital assets and then find the financial capital necessary to pay for those investments.
BUS-MHR 5530 - Value Creation in Social Entrepreneurship
Credits: 3; Prerequisites: BUS-MHR 2500 and Econ 2001.01

Progressive social organizations are seeking to be more entrepreneurial in the manner in which they run their nonprofit businesses. This course is offered to honors students throughout the university. Content will include a group assignment where students will focus on completing a social enterprise project for a non-profit organization in Central Ohio. (This course counts toward the Minor in Entrepreneurship.)
BUS-MHR 3542 - The Accelerator: Planning the Entrepreneurial Adventure
Credits: 3; Prerequisites: BUS-MHR 2500

Leading High-Performance Ventures

AEDEcon 3160 - Human Resource Management in Small Businesses
Credits: 2; Prerequisites: Junior standing or by permission
Study of characteristics of small businesses that make many of their human resource management problems unique, such as recruiting only in local labor markets in relative geographic isolation, limited alternatives for organizational structure, and irregular coverage of labor laws.
BUS-MHR 3541 - Global Innovation and Entrepreneurial Leadership
Credits: 3; Prerequisites: BUS-MHR 2500 and Econ 2001.01
BUS-MHR 4520E - Leading High-Performance Ventures
Credits: 3; Prerequisites: Econ 2001.01 and BUS-MHR 2500
Explores the key managerial practices and skills necessary to lead a successful growing business.
CSC FFS 3270 - Families in Business
Credits: 3; Prerequisites: Sophomore standing or above
Offers students the opportunity to explore family business topics, such as family dynamics, conflicts, and relationships relative to the business, formation and growth, strategic management, professionalization, and succession planning.
SOCIOL 3464 - Work, Employment, and Society
Credits: 3
Provides an overview of social science knowledge about organizational functioning, labor force composition, and human relations issues.

Bullet Quarter requirements (Prior to Spring 2015)

In some cases, prerequisites may overlap with GEC requirements. Basic requirements for the Minor are as follows:

  1. No grade below a C- will be permitted in courses comprising the minor; the minimum overall CPHR of the minor shall be 2.00.
  2. If elective credits total 10 or fewer, students must take an additional class to meet the 20 credit requirement.
  3. Courses completed for the minor may not count toward a particular major. Please see your advisor for specific implications.
  4. No more than 10 hours of transfer credit may be applied to the minor.
  5. Variations in the program are generally not permitted; any variation must be approved by the academic director of the Center for Innovation and Entrepreneurship in the Fisher College of Business.
  6. A student who completes the minor following the above guidelines need only their college's Minor Program Form with their college office. No approval from the Fisher College of Business is required.

Required Courses

BUS-MHR 290 - Innovation and Entrepreneurship in Modern Business
Approved for GEC Credit - Social Sciences
Credits: 5; Prerequisites: None
Examines the theoretical foundations of innovation and entrepreneurship, including their influence on industry and market evolution.
BUS-MHR 490 - New Venture Creation
Credits: 4, Prerequisites: BUS-MHR 290
Explores the process for creating new ventures, including ideation, evaluation of business opportunities, business planning, and assembling business resources.

Elective Courses

The minor requires students to successfully complete at least three elective courses. It is recommended that students complete one elective from each of three content areas listed below.

Regardless, students will not be permitted to count more than two courses from any one content area for credit toward their minor. In addition, students are encouraged to take at least two electives outside their major areas of study.

Creativity, Innovation, and Idea Generation

BUS-M&L 490 - Entrepreneurial Marketing
Credits: 4; Prerequisites: Econ and Math
Focuses on marketing concepts and methods of entrepreneurs leading growth-oriented companies.
BUS-MHR 390 - Personal Creativity and Innovation
Credits: 4; Prerequisites: None
Explores how people, places, and practices foster personal creativity. Develops student's ability to create innovative concepts for new products and services.
DESIGN 797 - Interdepartmental Seminar: Brand Design
Credits: 3; Prerequisites: Permission of instructor.
Repeatable to a maximum of 20 credit hours.
Interdisciplinary knowledge and problems examined and discussed in the context of shared concerns.
ISE ME 682 - Fundamentals of Product Design
Credits: 4; Prerequisites: ISE 523, 561 or grad
Takes students through the product design process, from listening to the voice of the customer to idea generation and evaluation, system level design and system architecture, design for assembly and manufacturing, and lean manufacturing.
PSYCH 662 - The Psychology of Creativity
Credits: 3; Prerequisites: Psych 100 and an additional 10 credit hours in psych
Examines the theories, definitions, processes and measurement of personal creativity.

Opportunity Evaluation and Venture Planning

AEDE 402 - Principles of Agribusiness Marketing
Credits: 4; Prerequisites: 200, H200, Econ 200, or H200
Focuses on in-depth assessment of the marketing environment in specific food and natural resource industries and what it takes to successfully lead an entrepreneurial enterprise in these industries.
BUS-FIN 590 - Entrepreneurial Financing
Credits: 4, Prerequisites: Econ and Math
Presents a dynamic two part process in which companies invest in both real and human capital assets and then find the financial capital necessary to pay for those investments.
BUS-MHR 694.52 - Entrepreneurship: Social Enterprise
Credits: 4, Honors course
Progressive social organizations are seeking to be more entrepreneurial in the manner in which they run their nonprofit businesses. This course is offered to honors students throughout the university. Content will include a group assignment where students will focus on completing a social enterprise project for a non-profit organization in Central Ohio. (This course counts toward the Minor in Entrepreneurship.)
BUS-M&L 694 - New Product Design and Development
Credits: 3

Leading High-Performance Ventures

AEDE 460 - Human Resource Management in Small Businesses
Credits: 3; Prerequisites: 401 or Bus-MHR 400
Study of characteristics of small businesses that make many of their human resource management problems unique, such as recruiting only in local labor markets in relative geographic isolation, limited alternatives for organizational structure, and irregular coverage of labor laws.
BUS-MGT 494 - Foundations of Operations for Entrepreneurs
Credits: 4
BUS-MHR 590 - Leading High-Performance Ventures
Credits: 4; Prerequisites: AED ECON 200 or ECON 200
Explores the key managerial practices and skills necessary to lead a successful growing business.
CS FMRSM 567 - Families in Business
Credits: 3; Prerequisites: none
Offers students the opportunity to explore family business topics, such as family dynamics, conflicts, and relationships relative to the business, formation and growth, strategic management, professionalization, and succession planning.
SOCIOL 464 - Work, Employment, and Society
Credits: 5; Prerequisites: 5 credit hours in sociology
Provides an overview of social science knowledge about organizational functioning, labor force composition, and human relations issues.