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University Bulletin
Undergraduate Degree Programs

Business, Smeal College

Corporate Innovation and Entrepreneurship

University Park, Smeal College of Business (CIENT)

PROFESSOR DENNY GIOIA, Chair, Department of Management and Organization

The Corporate Innovation and Entrepreneurship major prepares students for challenges in the development of emerging products and new markets for demanding consumers.  The ability to adapt to a rapidly changing social and business environment can yield great rewards and returns, but it requires innovative, multifunctional individuals able to adapt to and develop new technologies, innovations and businesses amid a wider environment of change, uncertainty and ambiguity.  The major is conceived for students interested in starting and managing new businesses or re-inventing current business with the intent of growing the economy and providing jobs for a diverse workforce.  The major will focus on developing problem solving and creative thinking skills, along with the ability to recognize opportunities, spot trends, and develop a plan to capitalize on these ideas.  Emerging entrepreneurs and innovative managers of small to large businesses must be competent in various mediums of communication, have good negotiation skills, can lead with ethics and integrity, and are grounded in business aspects of planning, capital investing, goal setting, and decision making.

Entrance Requirement: To be eligible for entrance into the Corporate Innovation and Entrepreneurship (CIENT) major, a degree candidate must be enrolled in the Smeal College of Business or the Division of Undergraduate Studies and satisfy requirements for entrance to the major.

Specific entrance requirements include:

  1. The degree candidate must be taking, or have taken, a program appropriate for entry to the major as shown in the bulletin, including approximately 60 credits of course work.
  2. Complete the following entrance to major requirements: ACCTG 211(4)[1]; ECON 102 GS(3), SCM 200 GQ(4)[1] or STAT 200 GQ(4)[1]; ENGL 015 GWS(3) or ENGL 030 GWS(3); MATH 110 GQ(4)[1] or MATH 140 GQ(4)[1]; FIN 301(3)[1]; MKTG 301(3)[1]; and MGMT 301(3)[1]. These courses must be completed by the end of the semester during which the entrance to major process is carried out.
  3. In addition to the above requirements, the Executive Vice President and Provost of the University may approve administrative enrollment controls that limit the number of students who are admitted to majors in the Smeal College of Business. In each case, however, academic requirements are established for admission. For information on enrollment controls, consult the Smeal College of Business Web site (http://www.smeal.psu.edu).

Degree Completion: Students accepted into the Corporate Innovation and Entrepreneurship major are expected to enroll at University Park the fall semester after the entrance-to-major process has concluded. In addition, Senate Policy 83-80.5 stipulates that the college dean and program faculty may require up to 24 credits of course work in the major to be taken in the college where the degree is earned.  Based on this policy, the Smeal College of Business has set the following credit earning limitations for CI&E majors:

  1. Fifteen credits of 300/400 level prescribed and additional courses in the major field must be completed with Management faculty at University Park.

Nine additional credits of 300/400 level related and supporting courses must also be completed at University Park. See the Corporate Innovation and Entrepreneurship Recommended Academic Plan or the M&O Department website for further details.

For the B.S. degree in Corporate Innovation and Entrepreneurship, a minimum of 120 credits is required (at least 15 credits must be taken at the 400 level).

Scheduling Recommendation by Semester Standing given like (Sem: 1-2)

GENERAL EDUCATION: 45 credits
(12 of these 45 credits are included in the REQUIREMENTS FOR THE MAJOR)
(See description of General Education in front of Bulletin.)

FIRST-YEAR SEMINAR:
(Included in ELECTIVES or GENERAL EDUCATION course selection)

UNITED STATES AND INTERNATIONAL COMPETENCE:
(Included in ELECTIVES or GENERAL EDUCATION course selection)

WRITING ACROSS THE CURRICULUM:
(Included in REQUIREMENTS FOR THE MAJOR)

ELECTIVES: 14 credits

REQUIREMENTS FOR THE MAJOR: 73 credits
(This includes 12 credits of General Education courses: 3 credits of GWS courses; 6 credits of GQ courses; 3 credits of GS courses.)

PRESCRIBED COURSES (52 credits)
ACCTG 211(4)[1], ECON 102 GS(3), FIN 301(3)[1], MGMT 301(3)[1], MKTG 301(3)[1] (Sem: 1-4)
BA 342(3), BA 411(3), BLAW 341(3), ECON 104 GS(3), ENGL 202D GWS(3), MGMT 425(3)[1], MGMT 426(3)[1], MGMT 427(3)[1], MGMT 451(3)[1], MGMT 453(3)[1], MIS 204(3), SCM 301(3) (Sem: 5-8)

ADDITIONAL COURSES (8 credits)
MATH 110 GQ(4)[1] or MATH 140 GQ(4)[1] (Sem: 1-2)
SCM 200 GQ(4)[1] or STAT 200 GQ(4)[1] (Sem: 1-2)

SUPPORTING COURSES AND RELATED AREAS (13 credits)
Select 4 credits: Attainment of 12th credit level proficiency in a single foreign language (4 credits). Proficiency must be demonstrated by either examination or course work. (Sem: 1-4)
Select 3 credits of related coursework. See Department List (Sem: 5-8)
Select 6 credits of supporting coursework from an approved department list. (Sem: 5-8)

[1] A student enrolled in this major must receive a grade of C or better, as specified in Senate Policy 82-44.

Lasted Revised by the Department: Summer Session 2014

Blue Sheet Item #: 43-01-022

Review Date: 08/19/2014

R & T #275 SCR:43-04 1/13/2015

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