Business Commons^™

Masters Of Business Administration (Mba) In Entrepreneurship

Dr. Harold Welsch

DePaul’s Entrepreneurship program is an internationally recognized, award-winning program. The program is designed for individuals who are preparing to start their own businesses, or who are managing innovative processes in established firms.

The Entrepreneurship concentration will provide you with the skills and abilities needed to:

· Think creatively and generate new business ideas

· Develop your business idea through market analysis

· Write a business plan

· Assess your entrepreneurial leadership skills

· Implement successful growth strategies

· Build an entrepreneurial spirit within established firms

· Consult for area businesses

· Interact directly with entrepreneurs and innovators

Mgt 521 Management Of Fast Growing Firms

Dr. Harold Welsch

Alternative growth strategies for companies in the second stage of their life cycle are examined. After initial start-up, a unique set of problems and constraints confront the firm limiting its growth. Expansion of product line and services, new market development, redefinition of organizations, financial resource allocation, second stage financing using a case study approach, and going public are some issues that are covered. Proposed revisions are critically evaluated. Offered once a year.

Mgt 570 Entrepreneurship And New Venture Management

Dr. Harold Welsch

The focus of the course is on new venture initiation and the preparation of a business plan that can be used to generate financing and to begin operations in a new business enterprise. It examines the critical factors involved in the conception, initiation and development of new business ventures. Topics covered include the identification of characteristics of prospective entrepreneurs, identifying innovations, market potential analysis for new products or services, acquiring seed capital, obtaining venture capital for growth or purchase of an existing business and organization and operation of the new business. Each student is required to develop a business plan …

Masters Of Science In Entrepreneurship (Mse)

Dr. Harold Welsch

The Master of Science in Entrepreneurship (MSE) builds upon a reputation for excellence with a new specialized program of study that will propel students to reach their enterprising dreams faster. Entrepreneur Magazine and The Princeton Review have rated the DePaul university graduate entrepreneurship program among the best in the nation with rankings in the top ten for over ten years. Engage your passions and become a part of the vibrant DePaul entrepreneurial community. For students interested in turning good opportunities into thriving businesses, the DePaul MSE will equip graduates to start and grow new ventures on their own, or within …

Mgt 572 Corporate Ventures And Management

Dr. Harold Welsch

The focus of this course is on how corporations develop new ventures. It critically examines the circumstances that make it possible for employees to contribute their venture ideas to the corporate objectives and describes techniques that stimulate such ideas. Although the primary focus will be on the employee and how the individual can be entrepreneurial within a corporate structure, the course also examines how the corporation can systematically encourage innovation. Case studies of corporate ventures projects will be reviewed.

Mgt 571 Financing New Ventures

Dr. Harold Welsch

This course will focus on identifying, examining and evaluating various sources of original and growth capital. Emphasis will be on legal, financial and tax issues related to capital formation as well as specific problems experienced by the small-to-medium-sized firms undergoing rapid growth. Topics discussed will include financing startups, financial planning and strategy, going public, selling out and bankruptcy. A formal proposal for capital acquisition developed through field research will be required of each student.

Mgt 590 Management Of Innovation And Technological Change

Dr. Harold Welsch

The ability to manage technological innovation has become an increasingly essential requirement for business people regardless of functional specialty. The objective of this course is to explore ways to create environments that are conducive to technological innovation. Throughout the course students examine practices, models, and approaches that established, as well as new, organizations employ to promote innovative practice, technological change, and new technologies. The following topics will be covered: the innovation process, managing technical people, the impact of organizational design on innovation, knowledge management, cross function teams and exploiting new technologies. Students will research new technologies and discuss potential business …

Mgt 595 Social Entrepreneurship

Dr. Harold Welsch

This course explores principles and applications of social value generation in entrepreneurial contexts. Participants will learn how agile, growing ventures can be managed to generate value that transcends commercial and social frontiers. The course material emphasizes concepts from traditional entrepreneurship in the context of the broader social sector environment. Diverse contributions from graduate students in the College of Commerce as well as the School of Public Service ensure deep exploration of the social venture realm. The course experience is enriched by team-based consulting to several actual Chicago social ventures as a practical complement to classroom activities.

Mgt 798 New Venture Lab

Dr. Harold Welsch

This practicum course is for students who have already developed a business plan for a new commercial or social venture and intend, or have begun, to implement the plan. The course helps students accelerate their progress and manage risk by focusing on important milestones in the new venture development process: acquiring funding and other resources; identifying and selling to prospective customers; managing limited financial resources; building a team and network, including advisors and service providers; presenting the business opportunity to key stakeholders; and assembling infrastructure such as office and technology needs. Course requirements include a detailed action plan, milestone achievement …

Mgt 573 Creativity In Business

Dr. Harold Welsch

This course explores the nature and role of creativity in organizations. Theories and modes of creative thinking, and the link between creativity and innovation are presented. The course format is largely experiential, with emphasis on group and individual exercises, techniques, simulations and cases, through which students will investigate the creative process in a variety of organizational settings. The role of managers and team members in nurturing and sustaining a creative enterprise is discussed. The course is designed to open students to the creativity within themselves and organizations, and to the tools with which creativity can be managed to promote innovation …