School of Business - Clarkson University
School of Business - Clarkson University
School of Business - Clarkson University
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B.S. in Innovation and Entrepreneurship<br />
This major is designed to leverage existing strengths in<br />
Innovation and Entrepreneurship by <strong>of</strong>fering students a crossdisciplinary,<br />
flexible major that provides students with the<br />
knowledge and skills to:<br />
• Develop and manage the innovation process;<br />
• Plan and commercialize innovations;<br />
• Evaluate and manage innovation opportunities;<br />
• Participate in and manage ideation and the new product<br />
development process;<br />
• Understand the legal and policy issues associated with new<br />
ventures; and<br />
• Stimulate and manage the creation <strong>of</strong> new business<br />
enterprises both within and existing corporate structure and<br />
as start-up enterprises.<br />
Toward this end, students are required to have fundamental<br />
knowledge <strong>of</strong> the creative process, market analysis and<br />
research, consumer behavior, commercialization and<br />
organizational design. Students may then also choose to deepen<br />
their knowledge by further study in negotiations, e-business,<br />
venture finance, management <strong>of</strong> technology and project<br />
management.<br />
Students earning a degree in Innovation and Entrepreneurship<br />
must complete the <strong>Clarkson</strong> Common Experience and complete<br />
120 credits including the following: 33 credits <strong>of</strong> <strong>Clarkson</strong><br />
Common Experience requirements (including the <strong>Clarkson</strong><br />
Seminar, two mathematics courses {calculus and statistics},<br />
two science courses {one <strong>of</strong> which must include a lab}, five<br />
knowledge area courses, and a technology course); 42 credits<br />
<strong>of</strong> foundation coursework in business; 30 credits <strong>of</strong> specialized<br />
20<br />
business courses to satisfy the major requirements; and 15<br />
credit hours <strong>of</strong> electives. Since 50% <strong>of</strong> coursework must<br />
be taken outside the <strong>School</strong> <strong>of</strong> <strong>Business</strong> (no more than 3<br />
economics and 2 statistics courses can count as non-business<br />
courses), most <strong>of</strong> the electives, depending on courses chosen<br />
for the <strong>Clarkson</strong> Common Experience, will need to be taken in<br />
other schools within <strong>Clarkson</strong> <strong>University</strong>.<br />
Required courses include:<br />
EC370 Economics <strong>of</strong> Innovation<br />
MK436 Creativity, Innovation and New Product Development<br />
Innovation and New Products<br />
SB322 Designing and Leading Innovative Ventures<br />
SB437 Commercializing Innovation<br />
MK321 Consumer and Buyer Behavior<br />
SB440 Innovation and Entrepreneurship Strategy<br />
MK332 Marketing Research<br />
Students choose three Pr<strong>of</strong>essional Electives:<br />
SB305 Cost Management<br />
FN455 Venture Capital and Private Equity<br />
LW471 Law and Society II<br />
MK431 Supply Chain Distribution Channels<br />
OM476 Management <strong>of</strong> Technology<br />
AC407 Taxation <strong>of</strong> <strong>Business</strong> Entities<br />
OM480 Project Management<br />
ES305 Virtual Tools in Engineering Design<br />
The following would be the typical Third- and Fourth-Year Plan.<br />
There is enough flexibility so that students studying abroad<br />
during the third year should still be able to complete the degree<br />
requirements.<br />
Third Year — First Semester Third Year — Second Semester<br />
Course Title Cr. Hrs. Course Title Cr. Hrs.<br />
MK321 Consumer and Buyer Behavior 3 MK332 Marketing Research 3<br />
EC370 Economics <strong>of</strong> Innovation 3 SB322 Designing & Leading Innovative Ventures (or OS352) 3<br />
OS352 Strategic Human Resource Management (or SB322) 3 Pr<strong>of</strong>essional Elective 3<br />
FN361 Financial Management 3 Non-Bus/Knowledge Area Requirement 3<br />
Non-<strong>Business</strong> Elective 3 Free or Non-<strong>Business</strong> Elective 3<br />
TOTAL 15 TOTAL 15<br />
Fourth Year — First Semester Fourth Year — Second Semester<br />
Course Title Cr. Hrs. Course Title Cr. Hrs.<br />
MK436 Creativity, Innovation and New Product SB437 Commercializing Innovation 3<br />
Development 3 SB440 Innovation and Entrepreneurship Strategy 3<br />
Pr<strong>of</strong>essional Elective 3 OS432 Organizational Policy and Strategy 3<br />
Non-Bus/Knowledge Area Requirement 3 Non-Bus/Knowledge Area Requirement 3<br />
Free or Non-<strong>Business</strong> Elective 3 Pr<strong>of</strong>essional Elective 3<br />
Non-<strong>Business</strong> Elective 3 TOTAL 15<br />
TOTAL 15