The activity of management is concerned with setting an organization’s strategic goals and formulating processes to achieve them. Managers carry out their administrative roles by handling such duties as preparing and administering budgets, planning and directing operations, and coordinating employees’ activities.
The management/entrepreneurship concentration empowers students to develop an entrepreneurial mindset and complementary skill set needed to provide creative solutions for new ventures and existing organizations. Students gain knowledge of entrepreneurial and design concepts useful for questioning assumptions, exploring alternatives and developing creative solutions.
Entrepreneurship isn’t just about the mechanics of how to start and grow a business (although you’ll certainly pick up some of those skills in the program). Rather, it is a mindset that enables you to seek opportunities, take risks, recover from failure, leverage your resources, and overcome obstacles to push an idea to implementation or to solve a difficult problem. Students in the entrepreneurship concentration develop an understanding of the whole entrepreneurial process, from the initial idea generation to the launch of a new business or social venture. They develop strong research skills, learning how to analyze markets for potential opportunities, and also develop the ability to identify and acquire resources needed to start new ventures. So, while entrepreneurship may mean starting a new business for some of our graduates, entrepreneurial careers can be found in just about every field where there are opportunities for creating new products, services, and other innovations. Most of our graduates will in fact go to work for traditional companies, applying the entrepreneurial mindset and complementary skill set needed to provide creative solutions to organizational problems. Job titles of recent graduates include project manager, workflow coordinator, customer logistics manager, business analyst, sales representative, and VP of Strategy & Business Development.
Students are eligible for admission into the advanced business program with a major in the School of Business upon meeting the minimum cumulative GPA requirement and successful completion of the Business Foundation coursework, as outlined here: http://bulletin.vcu.edu/undergraduate/business/undergraduate-information/shared-curriculum/
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