Overview: Are you motivated by challenge? Are you an independent self-starter? Entrepreneurship is both a pursuit and a mindset. Concordia University Online’s MBA concentration in Innovation and Entrepreneurship is looking for candidates who have ambitious goals and an entrepreneurial attitude. This 100% online MBA program will help students take their innovations and turn them into successful startups. Learn from faculty with real world experience about issues that matter to you. Topics include venture capital, intellectual property rights, long-term planning strategy, and much more. Best of all, our flexible program allows you to study at your own pace. Area of Study Business Next Start Date Start Anytime Credits39 Cost/Credit$699 Total Cost$27,261 Also offered at: » Online » Ann Arbor Campus » Appleton Center » Beloit Center » Green Bay Center » Kenosha Center » Madison Center » Mequon Center » Miller Park Way Center » Milwaukee Midtown Center » St. Louis Center » Waukesha Center I want to thank you for always being so kind during my time at Concordia. You have been amazing and I appreciate your timeliness for all of my ‘urgent’ requests. Thank you! CUW Online ossa Goals / Objectives Identify and develop an entrepreneurial network of individuals, organizations, and professionals. Demonstrate applied innovation, creativity, problem-solving, perseverance, and adaptability. Evaluate and identify emerging markets, trends, and challenges. Leverage technology in market research and identification. Demonstrate adaptability and “pivot-ability.” Identify legal and regulatory issues related to new business formation. Create business plans. Develop new ventures. Career Outlook Founder CEO President Owner Want to see salary averages for your career? We've compiled national and regional salary information from the government and have paired it up with careers related to our programs. Check it out! NationalAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingGuamPuerto RicoVirgin Islands CareerChief Executives Innovation and Entrepreneurship Students are required to complete 15 credits in the concentration. MBA 579 is required. Students will select a minimum of 4 course / 12 credits from a variety of Innovation and Entrepreneurship Concentration courses including: Strategic Innovation (MBA 579/879) - Credits: 3 Course Description This course is designed to introduce students to the practices necessary to stimulate and manage innovation in an organization. Students are given frameworks and methods for designing, developing, and implementing innovation in real work situations. The aim of the course is to provide the learner with the perspective and skill base necessary to lead innovation-focused projects, people, and ventures. How to create an organizational culture for innovation and commensurate competencies will also be introduced. This course will emphasize how innovation tools and methods can be successfully employed in real work situations. Each module is designed to engage in a conceptual and experiential application of innovation practices. Sustainability and Social Entrepreneurship (MBA 686/886) - Credits: 3 Course Description Sustainability and social entrepreneurship introduces the graduate student to the triple bottom line of sustainability (people, profit, planet) as related to pharmaceutical and chemical product development; and, to social entrepreneurship concepts that guide how such a business is run. The focus of the course is on balancing a company’s need to maximize profits, while also minimizing negative impact on the environment, and maximizing positive social impact. Industry-relevant examples are used, to illustrate these concepts in a practical way. Intellectual Property and Regulatory Issues (MBA 687/887) - Credits: 3 Course Description This course provides lectures and case studies on various aspect of intellectual property and regulatory matters as they relate to product development and commercialization. An overview is provided of the major forms of intellectual property (IP): patent, trademark, copyright and trade secret. IP issues as they pertain to the business of product development are presented through case studies and lectures. New Venture Formation and Business Development (MBA 688/888) - Credits: 3 Course Description This course provides brief lectures on the process of writing a business plan, suited to a new venture (or acquiring a growing concern) that a student is interested in starting, as well as lectures on business development. Class is taught both as lecture and in regular mentoring sessions between the student and the faculty mentor(s) they are assigned, to guide them through the process of writing their own business plan. Weekly exercises are provided, with feedback given to the student each week to prepare them for the next step in the process, until a complete business plan is written. Students also gain an understanding of the business development process, associated with commercializing a product or service within a company. Small Business Management (MBA 555/855) - Credits: 3 Course Description The study of the principles of management as applied to a small business with emphasis on the elements necessary to create a successful business operation. This course lays out, in step-by-step fashion the knowledge and insights needed to lead and manage a small business. At the same time it focuses on a much broader concern—the pursuit of entrepreneurial dreams. Sales Management and Salesmanship (MBA 553/853) - Credits: 3 Course Description Sales Management studies the principles and practices in planning, organizing, and controlling sales force. Selection, training, compensating, supervising and stimulating salespersons is emphasized. The art of effective selling is explored with emphasis on conduct and attitude, and persuasive techniques. Social Media Marketing Strategies (MBA 511/811) - Credits: 3 Course Description This course is designed to help the student understand the social media revolution; the concepts, tools and applications. This course will provide students with the practical knowledge and insights needed to successfully plan, implement, manage and measure social media marketing efforts. Marketing Research and Intelligence (MBA 578/878) - Credits: 3 Course Description Students will learn to target markets by leveraging the use of marketing research and analytics. The reasons for marketing research, and how to analyze the data derived from multiple forms such as surveys, sales reports and logs, and social media are put into practice. Students will learn how marketing intelligence can help realize full marketing growth potential, and its impact on profitability. Internship in Innovation and Entrepreneurship (MBA 845) - Credits: 3 Course Description The Internship experience is meant to give students a real world perspective in a business related area, while working toward completion of the MBA degree. An Internship can be taken by any student in any MBA concentration area. Curricular emphasis is placed on student use of learned skills and exposure to hands-on business techniques, and gaining experience or expertise on their concentration area. Students are required to complete a minimum of 120 hours of clock time at their internship site. MBA Core Curriculum Managerial Economics (MBA 500/800) - Credits: 3 Course Description Managerial Economics provides a clear and balanced presentation of relevant economic theories and instruments. The focus of this course will be on the application of these relevant theories and the tools of analysis of decision-making science to examine how a firm makes optimal managerial decisions in the face of the constraints it faces. It will teach students how to deal with the nature of the firm, and how and why it is organized the way it is, in order to make students better, more efficient and more highly rewarded executives. The course should be thought of as applied economics, emphasizing those topics of the greatest interest and importance to managers. These topics include demand, production, cost, pricing, market structure and government regulations. A strong grasp of the principles that govern economic behavior is an important managerial asset. Students will learn how to apply these principles in appropriate situations. Undergraduate economics prerequisite required. Ethics and Organizational Leadership (MBA 503/803) - Credits: 3 Course Description This course studies contemporary business issues facing managers. Emphasis will be on developing theoretical skills for analyzing ethical issues and competing claims, and formulating well–grounded policies. A special emphasis on organizations and their attendant process is designed to increase ones leadership skills and effectiveness. Applied Statistical Methods (MBA 510/810) - Credits: 3 Course Description Applied Statistical Methods studies statistical methods used in business decision-making, including the use of both descriptive and inferential techniques, probability, regression, and research study designs. Application and integration of statistical methods in business-related fields is emphasized along with the use of computer analysis. Undergraduate statistics prerequisite required. 3 credits. Corporate Finance (MBA 530/830) - Credits: 3 Course Description Corporate Finance studies the function of finance and the flow of funds within the corporation. This course emphasizes financial analysis, decision-making, planning and controlling, capital acquisition and use, and strategic planning. Prerequisite: undergraduate finance or equivalent. Undergraduate finance prerequisite required. Accounting: Financial Analysis for Decision Making (MBA 540/840) - Credits: 3 Course Description Accounting: Financial Analysis for Decision Making is the study of the interpretation and use of Accounting reports in decision making. Topics covered include financial statements, forecasting of financial performance/budgeting, cost-profit relationships, break-even analysis, and management planning and control. Undergraduate accounting prerequisite required. Management Science and Analytics (MBA 569/869) - Credits: 3 Course Description Management Science and Analytics introduces techniques and methods used in business management to analyze and solve business problems. The course will also explore the reasoning behind the use of management science techniques. We will explore various practices from the field of management science that can be applied in spreadsheet models to help in the decision-analysis and decision making process. The course will also present techniques to assist managers with planning, organizing, leading and controlling projects. Issues in Human Resources Management (MBA 610/910) - Credits: 3 Course Description Human Resources Management is a study of the management and administrative issues related to group and individual performances and their effective contribution to the organizational objectives . Strategies for successful self-management, team building and delegation will be emphasized. 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