Part one of a series about Augustana student summer internships: Ashley, Eden and Kyle apply their talents to the work of three amazing resources based on campus.
Entrepreneurial Studies course catalog
Advisor: AMANDA BAUGOUS, Associate Professor
B.S., Drake; M.B.A., Ph.D., Tennessee
TThe purpose of the experiential minor Entrepreneurial Studies is to help prepare liberal arts majors (specifically non-business majors) for either starting their own business or working in small business and to provide them with formal documentation of their competence for doing so.
Unlike traditional programs, a substantial fraction of the program involves an experiential component in which students work with either a faculty member in concert with the EDGE Center or at a small business in a role which applies the concepts learned in the academic component to a real-world setting.
The program offers a valuable, rigorous experience and, at the same time meets the need of our students who could benefit from entrepreneurial experience to realize their goals and aspirations.The course work and experiential learning opportunities incorporated in the minor are intended to develop professional leaders who can:
- Build and communicate a shared organizational vision. (Lead and Communicate)
- Use systems thinking to analyze and address complex situations from multiple perspectives (i.e. financial, ethical, and managerial).(Analyze, Interpret, Respond)
- Encourage collaboration and synergy among diverse constituents. (Lead and Relate)
- Demonstrate an understanding of the fundamental objectives and operations of a business.(Understand)
- Question and evaluate assumptions and models that guide practice (Create).
*( ) indicate relationship of goal to college learning outcomes
The requirements are as follows:
A. Academic Component: Three core area courses (12 credits) Students must receive at least a C in each of the three core area courses in order to be awarded the certificate.
- Competent marketing and communication
BUSN 320 - Marketing for Non-Business Majors or BUSN 321 - Marketing
- Effective financial management
ACCT 200 - Accounting Fundamentals or ACCT 201 - Principles of Accounting I
- Knowledgeable of entrepreneurial skills
BUSN 308 - Entrepreneurship for Non-Business Majors or BUSN 309 - Entrepreneurship
B. Experiential Component: To culminate the experiential minor, students will be expected to engage in an eight credit independent study to fulfill the requirements of the minor. This eight credit component can be fulfilled by completing one of the two following options.
Business Administration majors are eligible to complete the minor. However, a student does not automatically earn the minor by completing a Business Administration major.
For a complete list of the college policies and guidelines about minors, see the catalog section on Organization of the Curriculum.
Grade Point Average Notation: All courses listed in the catalog as required courses for any major and/or minor, including those courses outside of the department or with a different subject coding, are considered part of the major and will count in the grade point average. Recommended supporting courses that are optional and not required may also count in the major depending on the program. For more information see your department chair or the degree requirements for Bachelor of Arts and information on Majors/Minors.• The student writes an in-depth and extensive business plan. The plan will include extensive customer research, marketing plan, financial projections and break even analysis. The student will be expected to research the smallest details of their business, including insurance and utility costs for their enterprise. This is expected to take 300-400 hours of work supervised by the director of the EDGE center. This will be considered an internship for credit purposes.
• The student can complete an eight credit internship at an entrepreneurial firm or organization. The firm is expected to be in the formative stage of the life cycle. Managers must agree to train the student and provide them a unique experience at the firm that they would not receive at a more mature organization. This must be pre-approved by the director of the EDGE Center.