Overview of the field
Gone are the days when general business or business administration was the most popular college major. Today, we know for a fact that there are more of you who harbor an entrepreneurial spirit and wish to become your own boss.
What you do as an entrepreneur will reflect your unique ideas and aspirations, and will allow you to experiment however you want (keeping risks and returns in mind though).
A degree in entrepreneurship can introduce you to the basics of entrepreneurship ? necessary skills, risks and the dynamics of the market.
Is a certificate in entrepreneurship right for you?
A certificate in Entrepreneurship is appropriate for you if:
- You want to launch your own business
- Become part of a startup venture
- Develop a new initiative within an existing business
- Explore the fundamentals of entrepreneurship
- Take over a family business
Structure and duration of the program
A Certificate of entrepreneurship
is a one-year program with typically 30 credit points. You can take one course at a time and the credits can then be transferred into a diploma which takes another year to complete.
What will you learn?
- Become familiar with the fundamental theories and concepts of entrepreneurship.
- Learn how to identify and fulfill the needs of the target market
- Carry out research to identify potential avenues
- Learn how to deal with different business models
- Manage financial issues of start-up ventures
- Learn how to evaluate the impact of the economic, political, legal and ethical factors on enterprises
- Deal with the various functional areas involved in any business
- Enhance your verbal and written communication skills
- Be able to expand your professional network by integrating with other people enrolled in the certificate, as well as mentors and guest speakers
Highlights of the coursework
The coursework of the Certificate of entrepreneurship
exposes one to the basics of small and private businesses. The curriculum will help students in bringing to life new business ventures, arranging start-up finance, and managing business expansion and exit activities. Every university offers a slightly different set of courses for students.
You’ll typically be required to take up several compulsory courses along with some electives. In this way, you’ll get to study what you like and focus more on courses that are in line with your career objectives.
Courses that are usually offered include:
- Introduction to Entrepreneurial Management
- Venture Creation
- Entrepreneurial Growth Strategies
- Technology Entrepreneurship
- Entrepreneurial Finance
- Sustainable Business Practices
- Issues in Family Business Ownership
- Social Entrepreneurship
- Entrepreneurship Law
You may be required to undertake a project that deals with coming up with a business plan, and all the activities related to executing the plan, and managing the business venture.
As a part of the program, some schools also encourage students to become involved in entrepreneurship immersion opportunities such as competitions and student clubs and organizations.
Admission criteria and graduation requirement
To get admission in a Certificate of entrepreneurship
program, you need a specific degree and can study even without a high school diploma. However, prior knowledge of the field and some work experience might be helpful in understanding.
Although most students with a degree in entrepreneurship go on to set up their own business ventures, others decide to work in the corporate sector for a while and first gain experience that may prove useful in launching their own enterprise.
Some areas where they may work include the following:
- Business development management
- Marketing management
Some of the potential employers are:
- Consulting Firms
- Multinational Corporations
- Financial service Providers
- Manufacturing Firms
However most of the students end up setting up their own enterprises. After all that is why they enroll in an entrepreneurship program.