The increasingly rapid pace of innovation in the 21st century demands that leaders in business have an entrepreneurial mindset and an innovation skill set in order to lead their organizations and communities effectively. Entrepreneurship education is one of the fastest growing MBA specializations in the U.S. and around the world. The rapid growth of entrepreneurship education is driven by the extensive complexity of today’s markets—a product of globalization and its related revolutionary changes in technologies and standards of living. The MBA Entrepreneurship Specialization provides students with the strategic, analytical, and tactical skills necessary for leading organizations in a rapidly changing world.
Concordia-Chicago offers an MBA specialization in entrepreneurship that provides experiential and action-based learning. Business students combine the entrepreneurial specialization curriculum, core curriculum, and internships or work experience to develop real-world entrepreneurial ventures within the entrepreneurship courses.
According to a 2015 report by Global Entrepreneurship Monitor (GEM), 27 million Americans—nearly 14 percent of the working-age population—are launching or operating new businesses. The report notes that 24 percent of U.S. entrepreneurs expect to employ 20 or more people in the next five years. (Source Kelley, 2015-2016)
Looking ahead, great demand is projected for leaders who can successfully deploy entrepreneurial skills along with innovation analysis and launch processes. Whether in service to entrepreneurial new ventures, large corporations, not-for-profit entities, or multi-generational family-owned businesses, leaders will be required to guide organizations toward growth and profitable, sustainable strategic paths.
Concordia University Chicago's MBA specialization in entrepreneurship provides you with entrepreneurial skills along with strong tools for innovation analysis and launch processes. This powerful skill set empowers you to develop successful new business ventures—on your own, as an entrepreneur, or for a corporation, family-owned business or not-for-profit entity, as an intrapreneur.
The four courses within this specialization equip you to develop a real-world entrepreneurial venture. These sequentially ordered courses build on each other to provide the knowledge and skills needed to be an entrepreneur or corporate intrapreneur.
- New Venture Opportunity Scan
- Pivots on the Problem—Customer Opportunity
- Prototyping / Co-Designing Solutions
- Business Plan for Entrepreneurial Opportunity
No App Fee, No GRE Required
INTERNATIONAL STUDENTS: In addition to the base program curriculum listed below, international students attending face-to-face classes on the CUC campus are required to take the Seminar in Higher Education, a 3-credit course.
- MBAE 6255 New Venture Opportunity Scan
- MBAE 6260–Pivots on the Problem/Customer Opportunity
- MBAD 6105 Digital Strategy & Planning
Can be a substitute option to MBAE 6260.
- MBAE 6265–Prototyping/Co-Designing Solutions
- MBAE 6270–Business Plan for Entrepreneurial Opportunity
Note: Students evaluating a digital new business concept may have taken MBAD 6105–Digital Strategy & Planning (offered as part of the MBA Digital Marketing Specialization), instead of MBAE 6265.
- Entrepreneur: New business founder
- Start-up company: First-stage key employee
- Corporate: New Product Development Manager / Product Innovation Manager
- Corporate: Brand Manager / Product Manager
- Family-owned business: Market Expansion Manager
- Business Consultant
- Research and Development Manager
- Sales / Customer operations
- Not-for-profit: Executive Director / Fundraising
Program taught in: