New Ventures 1 (3) Introduction to the issues involved in the development of new ventures within existing business organizations or from start-up.
BUSAD 511 New Ventures 1 (3)
This course deals with the process of finding, evaluating and developing new ventures, from both the perspective of the start-up as well as the larger existing organization, which has different opportunities, resources and barriers. Students will develop an appreciation of the many legal, financial, operational, HR, and technical challenges posed by venturing.
Course activities include discussion of readings, case analyses, developing components of business plans, and teamwork These activities encourage students to develop the critical thinking, communication and managerial skills necessary to further their understanding of corporate venturing.
This course prepares students for future coursework in the New Ventures and Entrepreneurial Studies Option within the MBA program. It is also relevant to students engaged in the general MBA program who are involved in new product development and R&D. This course is followed by New Ventures 2, which provides an in-depth view of the legal and financial issues facing managers of new ventures.
The course is a graduate elective primarly for MBA students and could also be taken by MSIS students. It is intended to be the introductory course in the New Ventures and Entrepreneurial Studies option within the MBA program.
Note : Class size, frequency of offering, and evaluation methods will vary by location and instructor. For these details check the specific course syllabus.