Certificate in ENTREPRENEURSHIP

In conjunction with an SVSU bachelor's degree, a Certificate in Entrepreneurship will be awarded to all students upon satisfactory completion of the following requirements.   Students are required to take a total of 12 credit hours as listed below:

Required courses (6 hours)

MGT 351 Intro to Entrepreneurship (3 cr)

Examines the nature of entrepreneurship, the role of entrepreneurship in business and society, and the characteristics of the entrepreneurial individual as well as the entrepreneurial organization.  A variety of issues facing entrepreneurs will be covered, such as new venture creation, entrepreneurial marketing, deal structure, financing the venture, harvesting, and ethical issues.  Prerequisite:  junior standing

MGT 455 Special Topic:  Entrepreneurial Project (3 cr)

The focus is to facilitate the survival and growth of existing small businesses that are owned and managed by local entrepreneurs.  Thus, students will be organized into teams, and each team will be assigned a consulting client.  Through an evolving series of steps each team will identify value-creating deliverables for the client, and a final consulting report.  Prerequisite:  MGT 351, instructor permission

Elective courses (6 credit hours, pick two out of the following four courses)

ACCT 352 Accounting for Entrepreneurs (3 cr) *
This course is designed to address the needs of the entrepreneur as they relate to financial and managerial accounting issues.  Topics will include a basic understanding of financial statements, internal control techniques, relevant business practices and performance measurement concepts.  Not open to business majors.  Prerequisites:  Junior standing or permission of instructor.

ECON 356 Economics for Entrepreneurs (3 cr)
Understanding and application of economic concepts for a successful entrepreneurship.  Examples of topics are:  an overview of macroeconomic environment for business supply and demand, analysis of cons and production and profit. 

FIN 311 Entrepreneurial Finance (3 cr)*
Topics covered will include business life cycle financing, forecasting, cash flow burn, securities law, financial planning, types and costs of financial capital, venture capital, alternative financing, financial distress, exit strategies.  Applied methodologies will be used to teach this course.  Prerequisite:  Junior standing

LAW 310 Law for Entrepreneurs (3 cr) *
This course is designed to address the legal issues related to entrepreneurial endeavors.  After reviewing the relationship of law and ethics to society, the course focuses on business formation, licensing, intellectual properties, contracts and risk management.  Prerequisite:  Junior standing

*Students may substitute LAW 308 in place of LAW 310
*Students may substitute FIN 304 in place of FIN 311
*Students may substitute ACCT 213 and 214 in place of ACCT 352

**Only one substitution is permitted