Full-Time MBA Concentration in Entrepreneurship

This concentration prepares you to think and behave like an entrepreneur, whether you wish to launch your own new venture, work in a corporation, or establish a nonprofit or social venture. You will develop an entrepreneurial mindset, which will enable you to successfully make the transition to entrepreneurship throughout the course of your career, even if that is not your immediate goal. Students learn how to identify and assess opportunities, write an effective business plan, finance the venture, and practice entrepreneurship in multiple contexts (e.g., corporate entrepreneurship, social entrepreneurship, and entrepreneurship in the medical professions and nonprofit and public sectors). The concentration will also be highly appealing to students who intend to work for start-up companies or larger organizations providing specialized services to smaller, entrepreneurial firms (e.g., accounting, consulting, or financial service firms).

The Curriculum

The Entrepreneurship concentration curriculum focuses on the four key tasks of entrepreneurship:

  1. Opportunity recognition;
  2. Resource acquisition (e.g., financial and human resources) and deployment;
  3. Goal setting and strategy formulation
  4. Strategy implementation.

Entrepreneurial Initiatives

Students will also have the opportunity to become involved in seven exciting entrepreneurial initiatives launched by the School of Business and UAlbany:

  1. The Center for Advancement and Understanding of Social Enterprise (CAUSE);
  2. The award-winning Small Enterprise for Economic Development (SEED) Program 
  3. UAlbany’s Innovate 518 Regional Innovation Hotspot - A consortium of 13 Capital Region colleges, universities and business incubators
  4. The entrepreneurship research conferences
  5. The $500K New York State Student Business Plan Competition
  6. The chapter of the Young Entrepreneurs Academy (YEA) and
  7. The Albany Center for Entrepreneurship - This Center will allow students to interact with other student entrepreneurs at UAlbany and other colleges and universities in the region and state, as well as angel investors, alumni, and venture capitalists who can invest in your enterprise.