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Entrepreneurship is the way the economy takes advantage of new wealth-creating opportunities that arise daily from constant change. This phenomenon has been part of the American culture since the 19th century industrial revolution. Entrepreneurship is responsible for nearly one third of the difference between economic growth in the United States and other nations.
Entrepreneurs take risks to start businesses, work tirelessly to fulfill their visions, foresee change and develop new products to take advantage of that change, use innovations in technology, processes, and marketing to take them in new directions, and are committed to grow as fast as the marketplace allows.
If you seek entrepreneurial training as part of your graduate degree program, consider the following programs.
MIT Entrepreneurship Center
55 Hayward Street
E 39-115
Cambridge, MA 02142
Phone: 617.253.8653
www.Eceneter@mit.edu
The MIT Entrepreneurship Center provides content, context, and contacts that enable entrepreneurs to design and launch successful new ventures based on innovative technologies. MIT helps students, alumni, and colleagues access an array of educational programs, networking opportunities, technologies, and resources, both at MIT and around the world. Members of the MIT E-Center community form a global network to actively advise and assist each other for mutual benefit, enabling them to set and meet their highest expectations.
Illinois Institute of Technology
Stuart Graduate School of Business
565 W. Adams Street
Chicago, IL 60661
Phone: 312.906.6500
www.stuart.iit.edu
The entrepreneurship MBA program at the Illinois Institute of Technology is designed for students whose career interests are focused on the creation of new business organizations and/or managing existing technology-driven business organizations with the potential for exponential growth. The program has a practical goal: To prepare each student to start up a venture within 12 months of graduation.
Students are groomed in the basic disciplines of business through eight MBA core courses. Each student designs a value-creation process, develops a business model, prepares a strategy to obtain venture capital/private equity financing, and tests the business model using computer-based simulation techniques.
The fully developed business plan that results from this four-step process is then presented to qualified investors for prospective financing.
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