Concentration: Entrepreneurship

The entrepreneurship concentration was established in response to strong student demand.  A recent survey of our undergraduates revealed that 75% of our students want more courses and programs in entrepreneurship. 50% of our students are thinking about starting their own company or have already done so.

Objectives of the Concentration 

The entrepreneurship concentration will help you understand how and why a new venture is launched and how to make that effort successful.   It will also enable you to learn a set of basic entrepreneurial and business skills, develop critical thinking skills, and promote self-awareness and personal development. You will also learn about the impact of entrepreneurship on the economy and society.  Although the concentration is especially attractive to students who have a desire to start their own companies, it is also highly appealing to students who intend to work for start-up companies or larger organizations providing specialized services to smaller, entrepreneurial firms (accounting or financial service firms).  Those with an interest in “social entrepreneurship” will also find the concentration highly attractive, since the knowledge acquired in this program can also be applied to ventures with a social mission.

Course Work

The concentration consists of courses in management/strategy, finance, marketing, and information technology management.  Specifically, these courses will teach you how to formulate and implement a successful strategy for an entrepreneurial firm, how to develop a marketing plan for new ventures and products, how to evaluate investments in entrepreneurial firms (e.g., venture capital, “angel” investing, and private equity), and how to plan and implement an online business. The foundation course in the concentration, Introduction to Entrepreneurship and Social Responsibility, is taught by Dean Donald Siegel, one of the world’s leading experts on entrepreneurship.

Courses in the Entrepreneurship concentration feature small class sizes, significant interaction between professor and students, and numerous guest lectures from UAlbany alumni who are successful entrepreneurs.  Graded activities include a mix of group presentations and discussions, exams, case analyses, and spreadsheet-based projects.

Next look into the requirements for an undergraduate business degree in our AACSB-accredited program, or if you're ready, learn how to apply to our program.