Loyola University Chicago

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Entrepreneurship

Undergraduate Program

Majoring in Entrepreneurship will provide students with the necessary skill-set to successfully compete in the professional setting. Students will critically review their assumptions about new venturing and learn about the special demands and opportunities of the entrepreneurial context. Students also will learn about the various aspects of the entrepreneurial process starting with the identification of business opportunities, the development of appropriate business models and strategies, the formation of an entrepreneurial team, securing initial resources, as well as the functional demands of the entrepreneurial context e.g. in the marketing or financial domain. Beyond the functional competencies, the major is designed to foster social skills with an emphasis on leadership and analytical skills, and to develop innovative and proactive minds. With these skills the student can lead extraordinary lives by working in new businesses or established ones, as well as in for profit or non-for-profit organizations.

Throughout the coursework we focus on entrepreneurial endeavours that have a high impact on society. Reflecting this orientation special emphasis is put on social entrepreneurship and high-growth entrepreneurship. In all classes we stress the importance of creating meaningful ventures from a personal and social point of view. Additionally, the initial courses as well as future courses will be design not just to provide academic learning experiences but also real-life experiences. The close interaction with practitioners and hands-on project work will assure the relevance of our entrepreneurship education.

Our goal is to provide an entrepreneurial education that leverages international diversity to create a special local, national, and international impact. In this regard, our major can benefit from the international background of our faculty and students, our international business network, and our international locations.

Entrepreneurs are oftentimes describes as individuals who bring innovations to the market place. In this regard our entrepreneurship program aims to foster innovative thinking and acting. Throughout our program we discuss the advantages and challenges of dealing with innovations.

Students have to successfully complete five courses beyond the business school core to receive a major in entrepreneurship. Three courses are mandatory courses that all entrepreneurship majors need to successfully complete. These courses introduce students to the entrepreneurship area and covers the essential aspects of entrepreneurship to lay a solid foundation for further education in the field. Additionally, students can select the remaining four courses from an initial offering of seven courses with the limitation that they can receive credit toward the major for only one of the leadership courses for the major. All of the elective courses cover important dimensions of entrepreneurship.

Course offerings for the major in entrepreneurship(5 courses):

Required courses:

  • MGMT 381. Fundamentals of Entrepreneurship
  • MGMT 383. Entrepreneurial Finance
  • MGMT 385. Entrepreneurial Marketing

Students must choose only one of the following two:

  • MGMT 318 Change Leadership
  • MGMT 360 Value based leadership

Students need to take one of following:

  • ECON 327 American Economic and Business History 
  • ISOM 349  Project Management
  • MGMT 335  Micro-enterprise Consulting
  • MGMT 395 Independent Study
  • MGMT 399 Selected Topics in Management*

*ONly one XXXX399: Selected Topics course can be applied to this major.  Please consult with an academic advisor to ensure that the 399 course topic will count toward the major.