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| Home > News > MBA Trends > Business schools design programs for budding entrepreneurs |
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| Business schools design programs for budding entrepreneurs |
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The difficult job market has given many individuals the time explore their own small business ventures. However, many of these budding entrepreneurs are lacking the foundational knowledge they will need to build successful companies.
As a result, many MBA programs are developing new courses that are intended to help prospective business owners put their ideas into motion.
For instance, the Carey School of Business at Johns Hopkins University recently announced the creation of its Discovery to Market project, which is slated to begin in the Spring 2011 term, according to U.S. News and World Report.
The yearlong initiative will challenge students in the school’s Global MBA program to find business opportunities in the work of university scientists. This approach is intended to give degree seekers the skills they will need to identify potentially profitable ventures.
If they are able to identify and plan a successful venture, students will “have the option of being part of that team to start a company and take this thing to the next stage of development,” Philip Phan, the school’s vice dean for faculty, told the news source.
According to PayScale.com, a research company, small business owners typically earn between $39,676 and $102,089 per year. |
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