Entrepreneurship | Master of Engineering Management | NC State University
Entrepreneurship
Last Updated: 03/20/2024 and all information is still up-to-date
The Entrepreneurship concentration strives to prepare you for small business success by teaching you how to develop a strategic business plan, start a company and launch a product.
Through courses led by top faculty members at the Colleges of Engineering and Management, you will cover topics in high-tech entrepreneurship, new product creation and venture opportunity analysis while focusing on the foundations of entrepreneurship from a technical engineering perspective.
Entrepreneurs are the driving force of a market economy. They help start a business and then work to grow that business and earn more profits. This leads to increased employment of workers. While the stereotype of an entrepreneur is someone building a business from the ground up, there are other options as well. Entrepreneurship includes buying or adding to an existing business or taking over a family-run business.
A 2015 report by Global Entrepreneurship Monitor (GEM) found that 27 million Americans, nearly 14 percent, are starting or running new businesses. According to GEM, 24 percent of US entrepreneurs expect to employ 20 or more people.
Curriculum
| CONCENTRATION: Entrepreneurship | Credits |
|---|---|
| CORE Subtotal | 15 |
| Take four courses: | |
| EM/EGR 506 Managing New High-Tech Product Launches 2 | 3 |
| EM/EGR 507 Product Life Cycle Management 2 | 3 |
| EM/EGR 517 Facilities Engineering Systems | 3 |
| EM/EGR 518 Environmental Compliance for Facilities Engineers | 3 |
| EGR 590 Managing New Product Creation 2 | 3 |
| MBA 536 Experience Innovation and Strategic Design 3 | 3 |
| MBA 570 Opportunity Evaluation and Value Creation 1 3 | 3 |
| MBA 571 High Growth Entrepreneurship 1 3 | 3 |
| MSE/MBA 576 Technology Entrepreneurship and Commercialization I | |
| MSE/MBA 577 Technology Entrepreneurship and Commercialization II | |
| Take one course: | |
| EM 675 Engineering Management Masters Project (or substitute practicum with approval) | 3 |
| ISE 521 Health Systems Performance Improvement II (or substitute practicum with approval) | 3 |
| ISE 589 Introduction to Product Development (or substitute practicum with approval) | 3 |
| MAE 526 Fundamentals of Product Design 1 | 3 |
| MBA 549 Supply Chain Management Practicum 1 (or substitute practicum with approval) | 3 |
| MBA 559 Business Analytics Practicum (or substitute practicum with approval) | 3 |
| MBA 572 Venture Opportunity Analytics 1 3 | 3 |
| MBA 575 Introduction to Innovation and Entrepreneurship | 3 |
1 Course taught both on-campus and online.
2 Course is offered online only.
3 Open to non-majors.
The Master of Engineering Management with an Entrepreneurship concentration helps you gain knowledge and skills to:
- Develop methodologies for understanding customer experiences
- Practice innovation and use “design-thinking” tools and techniques
- Understand strategic perspectives for designing innovative products and services
- Learn about technology opportunity analysis and building technologies from an intellectual property
- Find ways to create ideas and explore potential high-growth business opportunities
- Understand data gathering, data analysis and data interpretation to successfully evaluate opportunities for new business startups
- Develop best practices for creating new high-tech product ideas and managing the design process and prototyping of new engineering products
- Manage complex technical products during all phases of the product life cycle