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Lake Superior State University

Business Administration - Entrepreneurship: Bachelor of Science

Program Description

The entrepreneurship major is designed to develop students’ skills so that they are both confident and competent in analyzing new business ideas; refining a vision of a new business into the kind of business plan lenders and investors are likely to approve; and, translating the business plan into the start-up, launch, daily management, and growth and exit strategies most relevant and feasible for a small business venture. The entrepreneurship major also prepares students for working within a small, entrepreneurial firm, as an employee with specific business skills tailored to the needs of the smaller firm. The study of entrepreneurship includes classes in marketing, accounting, management, and entrepreneurship, and requires an internship placement in a small firm or as an advisor to a small firm. These courses, along with the common professional business core courses, will provide students with the knowledge, training, and practical experience required to become successful small business owners, counselors, and employees.

Program Learning Outcomes:

Business Plan Development - Develop a sound and viable business plan for a new venture.

Human Resource Development - Explain tools to motivate and retain workers in a small firm.

Pitch Deck - Present a professional-level PowerPoint presentation to the class.

Pro Forma Financial Statements - Develop pro forma balance sheet and income statement.

Business Knowledge – Apply knowledge of business core subjects.

Professional Skills – Apply professional-level skills in research, communication, critical thinking, and business ethics.

Degree Requirements

Common Professional Component (48 Credits)

  • ACTG132 Principles of Accounting I 4
  • ACTG133 Principles of Accounting II 4
  • BUSN121 Introduction to Business 3
  • BUSN211 Business Statistics 3
  • BUSN231 Business Communications 3
  • BUSN350 Business Law I 3
  • BUSN403 Business, Government & Society 3
  • BUSN466 Business Policy 3
  • ECON201 Principles of Macroeconomics 3
  • ECON202 Principles of Microeconomics 3
  • FINC341 Managerial Finance 4
  • MGMT280 Introduction Management Information Systems 3
  • MGMT360 Management Concepts and Applications 3
  • MGMT371 Operations/Business Analytics 3
  • MRKT281 Marketing Principles and Strategy 3

Major Requirements (7 credits)

Minimum 21 Credits from 3 disciplines should be selected from the following list:

  • ACTG334 Accounting Information Systems 3
  • BUSN389 Entrepreneurship 3
  • INTB289 Competing in the Global Market Place 3
  • INTB486 International Marketing 3
  • MGMT365 Human Resource Management 3
  • MGMT380 Principles of Leadership 3
  • MGMT464 Organizational Behavior 3E
  • MGMT476 Employee Training and Development 3
  • MRKT283 Principles of Selling 3
  • MRKT385 Services Marketing
  • MRKT387 Advertising Theory and Practice 3
  • MRKT388 Retail Management 3

Free Electives to reach 124 credits

General Education: All LSSU bachelor's degree candidates must complete the LSSU General Education Requirements.

A minimum of 124 credits (at the 100 level or higher) must be earned for graduation with a cumulative gpa of 2.00 or higher.  A gpa of 2.00 or higher is also required in your Major, as well as in your General Education Requirements.

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