Hi Eric,
I teach an entrepreneurship capstone for a "Department of Business and
Information Technology." It is a required course for both of those
majors. Each semester, the class breaks down to roughly 1/2 Business
Administration majors, and 1/2 Information Science & Technology (IST)
majors. (Dismally, until two years ago, IST majors were not required to
take marketing, accounting, or finance to graduate.)
This entrepreneurship capstone used to be a 1-semester 3-credit course.
In 16 weeks, students would form teams, craft business plans, make loan
presentations to our local bank in attempts to acquire real-life seed
funding (up to $3k), prepare to launch, launch, generate revenue, and
exit. The Bank covers losses on the loans.
In Fall 2008, I converted the capstone into a 2-course sequence. Now,
the students craft business plans and make loan presentations at the end
of the first semester (1 credit). And then they prepare to launch,
launch, generate revenue, and exit in the second semester (2 credits).
I've taught both incarnations of the offering now, and each semester I
have added more structure (i.e. requiring a structured set of progress
reports). While these projects are not usually high-tech, and the
financial statements are not particularly complicated, the student teams
do learn about pitfalls of teamwork given highly unstructured goals, as
well as the need for a nonlinear kind of thinking as the proposal drafts
undergo iterations.
(I also teach the Strategic Management course, which is only required
for our Business Administration majors.)
-Chihmao.
------------------------------------------
Dr. Chihmao Hsieh
Assistant Professor
Department of Business and Information Technology
Missouri University of Science & Technology
email: hsiehc at mst dot edu
http://web.mst.edu/~hsiehc
-----Original Message-----
From: Entrepreneurship Division Listserv
[mailto:
ENTREP@AOMLISTS.PACE.EDU] On Behalf Of Eric Gedajlovic
Sent: Friday, October 30, 2009 9:38 AM
To:
ENTREP@AOMLISTS.PACE.EDU
Subject: [ENTREP] Non-Strategy Capstones?
Hi,
I am currently teaching an undergraduate strategy capstone to 20(ish)
year-old students and am considering if there is a better way of
achieving
the learning objectives of a capstone. In this respect, I am wondering
if
anyone has any experience regarding the use of an entrepreneurship (or
IB)
course as a capstone for undergrad or MBAs. Also, any information
regarding
AACSB or EQUIS regs on this issue would be appreciated.
Thanks in advance for your input on this matter.
Eric
--
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http://www.twitter.com/gedajlovic
-Change the world one loan at a time - visit Kiva.org to find out how
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