2011-2012: Undergraduate Catalog

Entrepreneurial Studies Download PDF Version

Academic Year



Bill Greehey School of Business School Web site

School Dean

Tanuja Singh, D.B.A. tsingh@stmarytx.edu


Algur H. Meadows Center for Entrepreneurial Studies

Department Chair

Brooke R. Envick, Ph.D. benvick@stmarytx.edu

Description of Program/Major

Small business is the mighty engine of the U.S. economy, providing a substantial number of employment opportunities and unlimited potential for entrepreneurs. Entrepreneurship is a peopleoriented career that requires excellent communication skills and the ability to work well with others. The entrepreneurial studies program at St.Mary's is designed to prepare an individual seeking career fulfillment through the establishment of his or her own business rather than being a part of a corporate or institutional staff. Students in the entrepreneurial studies program gain the knowledge and skills necessary to launch their own venture, analyze the market, and solve real-life problems in business. Students gain valuable organizational tools in order to focus on good project management, and to identify and capture new markets and start-up companies.

Degree Requirements

Core Curriculum (SMC)
St. Mary's University Core (30 Hours)
All St. Mary's Core SMC13## "Reflection" courses must be completed before registering for SMC23## "Practice" courses. "Reflection" courses can be taken in any order followed by "Practice" courses in any order.
SMC 1301Foundations of Civilization3
SMC 1311Foundations of Reflection: Self (Formerly PL 1310)3
SMC 1312Foundations of Reflection: Nature3
SMC 1313Foundations of Reflection: Others3
SMC 1314Foundations of Reflection: God (Formerly TH 2301)3
SMC 2301Foundations of Practice: Ethics (Formerly PL 2332)3
SMC 2302Foundations of Practice: Civic Engagement and Social Action3
SMC 2303Foundations of Practice: Fine Arts and Creative Process (Formerly FA 1101, FA 1102, FA 1103)3
SMC 2304Foundations of Practice: Literature3
SMC 4301Capstone Seminar: Prospects for Community and Civilization3

School Specific Core (SSC)
Bill Greehey School of Business School Specific Core (21 Hours)

Social SciencesEC 2301, EC 23026
Composition and Rhetoric
(grade of "C" or better)
EN 1311, EN 1313 (for international students)3
Literature EN 23XX3
Mathematics MT 1305 Finite Math3
TheologyAdvanced Theology 33XX3
SpeechMN 3320 Business Communications3

Bill Greehey School of Business School Common Body of Business Knowledge (42 Hours)

AC 2310Introduction to Accounting I3
AC 2320Introduction to Accounting II3
AC 3331*Accounting Information Systems3
BA 1310Fundamentals of Business Enterprise3
BA 3351*Legal Environment of Business3
BA 4334*Business Ethics3
BA 4380*Business Policy and Strategy3
FN 3310*Corporate Finance3
IB 3321*US Business in Interdependent World3
MT 1306Calculus for Business3
MK 3310*Principles of Marketing3
MN 3330*Organizational Behavior3
QM 3320*Business Statistics3
QM 4330*Operations Management3
*Junior Standing

Four Year Degree Plan

Department Courses and Descriptions

Department Courses and Descriptions
EP 3110 The Free Entreprise System (1)
Develops a philosophical perspective of the objectives, functions, and challenges of the American free enterprise system. Students learn past, present, and probable future of individual freedom and as historical perspective of economic activity within an ethical frame work. Required of all EP majors.

EP 4100 Innovation& Creat Problem Solv (1)
The entire development process from idea, to product development and patent, to identifying potential markets and commercialization is explored. Business opportunities through innovation and invention are identified. Unique ways to solve problems are examined. Creativity and aspects of systems thinking are used to put a new spin on existing products, markets, and problem solutions.

EP 4110 Financing the Entrepre Venture (1)
The following topics are investigated: sources of venture capital; differences between debt and equity financing; managing and differentiating between personal and business finances; understanding financial responsibilities of business ownership. Prerequisite: FN 3310

EP 4120 Internt'l Entrepreneurship (1)
Topics covered include: global expansion of entrepreneurial ventures; methods of small business globalization. Opportunities and risks of global expansion; barriers to entry; impact of globalization on all business functions. Prerequisite: IB 3321W

EP 4130 Franchising (1)
Topics covered include: analyzing the franchising option; advantages and disadvantages of francising; the process of francising; sources of information.

EP 4140 Family Owned/Closely Held Busi (1)
Topics covered include: unique opportunities and challenges of family owned/closely held businesses. role of founder and other members; succession planning; work/personal conflict issues.

EP 4150 Law and Ethics for Entrepreneu (1)
Topics covered include: Unique legal issues of establishing a new venture such as licensing and zoning; legal forms of business; types of corporations; business partner relationships and contracts; protecting intellectual property rights; ethical dilemmas faced by business owners.

EP 4160 Venture Manage of Tech&MIS (1)
Topics covered include: Technology based start- ups; how to effectively use technology to manage and expand the reach of a business; using the Internet and computer software to obtain information; managing information with technology.

EP 4170 Networking & Comm for Entrepre (1)
Topics covered include: unique communication skills needed by entrepreneurs; how to establish a good network of suppliers;, customers, investors, and other business owners; how to maintain a supportive network.

EP 4180 Managerial Account for Entrepr (1)
Topics covered include: skills in managing inventory, operations, plant and equipment, assets and liabilities; utilizing information for decision- making, controlling, and planning. Prerequisite: AC 2310, AC 2320

EP 4190 Human Resources Issues for Ent (1)
Topics covered include: human resources planning, selection, and training; compensation management, health and safety, and relevant employment laws. Prerequisite: BA 3325W or MN 3330

EP 4195 Marketing for Entrepreneurs (1)
Topics include: Skills in conducting primary marketing research, surveys, sampling, and statistical analysis; advertising and promotion; product and sales control research. Prerequisite: MK 3310

EP 4199 Special Topics in Entrepre Stu (1)
A study of selected topics in entrepreneurship. Specific subject is indicated each time the course is offered.

EP 4320 Management Consulting (3)
Student teams act as consultants to businesses to analyze the various functions of business as they pertain to endeavors. Managerial awareness and analytical skills in business problem solving are developed. (Fall; Spring) Prerequisites: Senior standing and consent of instructor. Open only to students pursuing a B.B.A. degree.

EP 4375 Internship in Entrepreneurial (3)
The opportunity to gain knowledge through experiential activities in entrepreneurial businesses. Cooperation with entrepreneurs in monitoring and gaining work experience aimed at supplementing the learning process. Prerequisite: minimum over all GPA of 2.8. Pass/No Pass credit is given. (Fall; Spring; Summer)

EP 4391 Business Plan Develop&New V Cr (3)
Students learn how to initiate a new business venture by developing business plans, analyzing case studies, lectures, and guest speakers. Each student will develop a unique and comprehensive business plan. Prerequisites: AC 2310, AC 2320, EC 2301, EC 2303, FN 3310, BA 3325W, MN 3330, MK 3310

EP 4392 Social Entrepreneurship (3)
This course applies knowledge and skills developed in EP4391: Business Plan Development & New Venture Creation, for the purpose of developing new products or services that contribute to the solution of a social problem. Determining economic and social value is an entrepreneurial exercise. In this course student teams will write a functional, comprehensive plan that addresses a predetermined social issue. The plan will demonstrate potential value for all critical stakeholders. Prerequisite: EP 4391.

EP 4396 Small Business Growth&Manage (3)
Students learn how to grow and manage businesses from the day they open until they are relatively mature. The business plan developed in EP 4391 can be applied in this course to discuss issues such as succession management to illustrate the principles of growth, adaptation, and change. Lectures, case studies, and speakers will be utilized. Prerequisites: AC 2310, AC 2320, EC 2301, EC 2303, FN 3310, BA 3325W, MN 3330, MK 3310

EP 4397 Building World Class Ideas&Org (3)
Students learn how to apply their natural strengths and interests toward creating new ventures. Sources of innovation are discussed as well as forms of capital. Each student develops a product/service idea and then learns how to build an organization around it. There is an emphasis on social entrepreneurship, which carries over into other E-Scholar classes and activities of the program. Prerequisite: Admittance into the E-Scholar Program.

EP 4398 Global Entrepreneurship (3)
This course is designed to prepare students in the E-Scholar Program at St. Mary's University to acquire the necessary tools to conduct international business successfully. Specifically, this course focuses on the skills and knowledge useful for developing a new global business. Using the perspectives of a startup entrepreneur we will examine the key success factors in creating a new business in one or more non-US countries, as well as understand the differences and similarities between global entrepreneurs. The emphasis of the course is on analyzing how markets and competition (the economic dimension), power (the political dimension), and culture (the social dimension) influence start up decisions around the world. Prerequisite: Admission into the E-Scholars Program, EP 4397

Department Faculty

Entrepreneurial Studies Faculty Website

Department Website

Entrepreneurial Studies Website