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12 Easy Entrepreneurship Activities For Any Class (Plus 3 Free Lessons)

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1. The Envelope Exercise

For this activity, print fake money and place small amounts in envelopes for individuals or small groups of students. You can choose to give everyone different amounts of money or keep it all equal. Explain that your students’ goal is to increase their investment — and in doing so, use the collaboration and critical thinking skills that are important in entrepreneurship.

Give students 20 to 30 minutes to brainstorm before having each individual or group share their ideas. Odds are high that they will be surprised by how easy it is for them to make money!

2. Defining Problems Exercise

Entrepreneurs find solutions to problems they see in the world . This means that the ability to clearly define problem s is important in entrepreneurship careers . To help students build this skill, s how them pictures that depict issues (like the one below) and ask them to define the problems they can see.   

White closet overflowing

Next, ask the students what information they would need to help define the problem better . They’ll want to start coming up with solutions right away but challenge them to focus on clearly defining the issue before trying to resolve it.   

3. Ready, Set, Design!

For this exercise, divide students into groups and give each group a challenge such as thinking of a new way to drink on the go or a new method of communication; keep the challenge open ended. Give each group a bag of everyday materials such as rubber bands, pipe cleaners, and foil. Have students design a product based on the challenge.   

After 15 minutes, have each group present their design and explain why that product meets the challenge. The point of this activity is to get students thinking creatively without getting hung up on the details.  

4. The StartUp Podcast

The StartUp podcast is excellent for sparking conversations about entrepreneurship in class. It illuminates important concepts revolving around entrepreneurial life. You can have students listen to an episode for homework and then facilitate a class discussion on what stood out to them in the episode.  

StartUp: A show about what it's really like to start a business

5. The Business Proposition

This activity will give students practice articulating a value proposition, which is a simple statement summarizing why a customer would choose your business or product. To get started, go over the definition of a value proposition and give students a brief faux business/product idea or have them come up with their own.   

Ask students to express their value proposition in a concise way. It may sound easy but keeping it brief can be challenging. This is a great exercise for helping students develop their entrepreneurial spirit.  

6. Wacky Ideas and 2-Minute Pitch

For this fun entrepreneurship activity, give students any two objects and have them brainstorm ways they can combine the objects into one invention. Then they must define the invention. Have them answer questions such as:  

  • What is it?  
  • What can it do?   
  • Who uses it?   
  • How could it be used differently?   

After defining the invention, students have two minutes to pitch it to the class. They should start by introducing themselves, the name of their company, and their invention. Once they’ve made their introductions, have them explain how their invention works and why people need it.  

Student pitching idea

7. Reverse Brainstorming

In reverse brainstorming exercises, you take a problem and try to make it worse. This process allows you consider perspectives you may not have thought of before. An example problem you can present to students may be that they’re trying to study in the library, but people are being too loud in the hallway.   

Next, ask students how they can make the situation worse such as opening the library door, so the hallway commotion is louder. For every idea they come up with for how to make the situation worse, they then must find a solution for the issue. Problem solving and creative thinking are highly valued entrepreneurship skills, and this activity focuses on building both.  

8. Entrepreneurship Videos

There are tons of short, free videos online discussing all aspects of entrepreneurship. You can play one at the beginning of class to introduce students to the topic of entrepreneurship careers or have them watch the videos as homework. Below are a few examples of short videos you can use.  

  • What is an Entrepreneur?  
  • Who Even is an Entrepreneur?  
  • The Best Advice for Entrepreneurs  

What's an entrepreneur?

9. Entrepreneurial Mindset Cards

There are 24 entrepreneurial mindset cards from venturelab that help your students build entrepreneurship skills. Y ou can print the cards or u se the random card generator on the site to play their suggested games or any other game that you come up with . One of their suggested games starts with dealing a card to each student . Then h av e them take turns reading the mindset definition and answering the question on the card.  

10. Pitch Challenge Toolkit

The P itch Challenge Toolkit is a free, five-lesson pitch challenge consisting of a simple set of activities to help your students learn entrepreneurship soft skills such as creativity, problem solving, critical thinking, and presentation skills. This is an excellent toolkit for developing workforce readiness skills for 21 st century careers , regardless of whether students pursue a career in entrepreneurship.  

Young entrepreneur pitch challenge

11. Free Entrepreneurship Lessons

Realityworks offers a free series of lessons focused on a variety of entrepreneurship-related topics which includes many of the activities mentioned above! These lessons will help teach students about what it’s like to be, think, and act like an entrepreneur. You can teach all three lessons together or choose which ones fit best in your class. These lessons offer an easy way to integrate a brief entrepreneurship program into any CTE course .  

Access your free entrepreneurship lessons

12. Realityworks Contemporary Entrepreneurship Program

Students using soft skills activity cards

Our ready-to-use Contemporary Entrepreneurship Program helps you create an engaging two-to-three-week unit all about entrepreneurship.

Through this program, students will learn how to be an entrepreneur, generate business/product ideas, conduct market research, consider legal and financial issues, and write their own business plan.  

Looking for more entrepreneurship teaching resources? We suggest these resources:  

  • Checking out this in-depth blog post all about our Contemporary Entrepreneurship Program  
  • Watching our webinar, “Best Practices for Integrating Entrepreneurship Into CTE Courses:”  

Best Practices for Integrating Entrepreneurship Into CTE Courses Webinar

  • And of course, don’t forget to download these three free entrepreneurship lessons .

2 thoughts on “ 12 Easy Entrepreneurship Activities For Any Class (Plus 3 Free Lessons) ”

Hello. I’m a CTE Business and Marketing instructor in Idaho and I’m very interested in purchasing the Contemporary Entrepreneurship course packet. Is it possible to get a quote and a copy of your company’s W9 so my school district can set you up as a vendor?

Thank you for reaching out, Sarah! We’d love to assist you. I will pass your information to our Account Services Team, who will reach out if they need anything more from you to provide the quote. If you have any questions, in the meantime, you can contact them anytime via email ([email protected]), phone (800-830-1416) or by live chatting on our website. Thank you! 🙂

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Best entrepreneurship ideas after MBA

Entrepreneurship ideas after MBA

For most MBAs, a job in a Fortune 500 company or another corporate behemoth is the career goal. Many others settle for well-paying positions in smaller companies. A few—very few—dare to follow their dream: entrepreneurship.

Here’s why many bschool grads may never launch a startup .

Taking a risk by launching a business isn’t always the ideal solution for an MBA, but success always brings independence; it also often brings a chance to serve society, and it sometimes brings great wealth.

Read MBA startups from Harvard, Stanford, MIT, Wharton rake in millions

The trick could be to start an enterprise that is fueled by a practical idea and sustained by good management, and that doesn’t require too much capital.

In this article, the team at MBA Crystal Ball came up with some good business ideas that MBAs might find worth pursuing.

Who knows, someone may go on to become another Elon Musk (PayPal, Tesla, SpaceX), Michael Bloomberg (media/data company Bloomberg), Phil Knight (Nike), or Scot McNealy (Sun Microsystems), all entrepreneurs with MBAs.

As a bonus, we also have a section below where an entrepreneurship expert from a top business school shares some tips, to make it easier for you to select the right idea to launch your entrepreneurial journey.

Before continuing, check out this video to understand the basics: How to become an entrepreneur  

Consulting Business

Consulting is essentially an advisory business that can open up a huge number of opportunities, depending on the niche you focus on. Here are a few examples of consulting businesses you can start after an MBA.  

Management consulting

As an MBA graduate, management consulting is a job tailor-made for you. Depending on your reputation and your educational and professional record, you will be in high demand, particularly among small and medium businesses.

Your recommendations would provide information and solutions and help them improve their performance or decision-making. No wonder then that a management consultant is often described as a “manager’s manager.”

Read these management consulting articles .  

Marketing consulting

Marketing consulting is often considered a part of management consulting. Among the various areas that require this service are online marketing, social media marketing, and content marketing.  

Business financing consulting

New businesspersons, particularly in the small-scale sector, may have smart ideas but not a clue about how to find the money to launch their ventures.

A business financing expert shows them the way to get funds through loans and by other means.  

Crowdfunding consulting

A crowdfunding expert knows the ways by which business ideas can bring funds from a variety of investors big and small.

They know investors who are seeking new, interesting, and viable ideas to fund and help people with startup ideas launch their ventures.

Read this related article on crowdfunding education .  

Feasibility consulting

Entrepreneurs often ask themselves: is my idea feasible? An MBA can find out what the business will involve and what the profits will be.  

Digital marketing consulting

Digital marketing involves creating a persuasive marketing pitch and finding the right social media platform to spread the entrepreneur’s message, such as email, Facebook, WhatsApp, and SMS. The message should be well-crafted to move the recipient to action—that is, to buy the product.

Read more: What is digital marketing?  

Advertising consulting

If you have an MBA in marketing, this business could be right up your street. Not all companies can afford to have permanent employees for advertising, especially small and medium companies, and many require the help of an advertising consultant.

If you can start an agency, you can provide a range of ad services from copywriting to field publicity.  

SEO consulting

A good SEO consultant can transform an online business by converting an unknown website relegated by search engines into a popular portal that appears on page one in search results.

But the MBA planning this business needs to have a thorough understanding of search engine optimization, ranking algorithms, analytics, and keyword research.  

Green consulting

Green consultants show their clients how to streamline their processes so that their businesses follow environment protect norms and contribute to the Green Revolution.

Business ideas include green building consulting, solar-cell/panel business, green IT and desktop recycling, and energy-efficient electrical device business.  

Admissions consulting

MBA grads from top business have gone through the grind, competed with thousands of equally (and possibly more) qualified applicants from across the world.

The knowledge of MBA programs, MBA careers, admissions process, writing MBA essays, tackling MBA interviews can be highly valuable for newbies who’re starting the process and overwhelmed with the information out there.

This is why the best admissions consultants continue to attract applicants even during an economic downturn.  

Corporate training

Big and small companies want their new and senior employees to be trained and equipped with skills to face competition in their sector. MBAs, with their knowledge of various industrial sectors and the role of human resources, can offer training services to companies.

Corporate training is today a multi-million-dollar industry, and MBAs can offer training according to their field of expertise. However, they need to stay abreast of business trends and have talent for public speaking.  

Business classes

Many would-be entrepreneurs just don’t know where to start. Some join business management courses but don’t feel these programs are adequate. MBAs running business classes can impart their knowledge and basic skills to upcoming entrepreneurs, for example, how to draw up a business plan , how to source capital, how to manage the business, how to manage accounts, and how to market a product.

They can also teach the finer points of product development and business optimization. However, MBAs would need to prepare a curriculum based on what they have learned and what their students require.  

Printed-book, ebook author

Do you have experience starting a business or helping a business grow or recover? Can you write in a simple style that aspiring entrepreneurs can follow?

Then you can write a book and publish it in print or electronic form (ebook) and market it on websites such as Goodreads and Amazon.  

If you are an observer of the business world and can explain trends and predict outcomes, you can write a regular blog for a website or popularize your own blog.

If you have knowledge and can write in a persuasive style, you can find hundreds or thousands of followers and be regarded as an expert in your field.

You can also explore blogging through video or podcast. Eventually, as you earn trust, your recommendations will be welcomed.  

Do you have a product/product-range that you think will sell if marketed properly? Why not try to sell it through ecommerce.

The field is competitive with every other person with some entrepreneurial spirit jumping on the bandwagon, but your MBA gives you the edge. And remember that not all ecommerce ventures demand huge investments.  

Asset management

If you feel confident that you have the knowledge to advise people on investing in funds and buying securities, this business is for you.

If you have an MBA finance background, then you are fully equipped. But you have to follow ethics, show maturity, and act responsibly as you are dealing with other people’s money.

Read about Careers in asset-management and how to get into asset management .  

Debt management and recovery

Another business idea for MBAs with a finance background is to start a debt management and recovery company. A debt management company negotiates with a debtor on behalf of a business so that the debtor evolves a plan to clear the loan more easily without stress.

The company can also negotiate with a business on behalf of a debtor with the same aim. Firms dealing with financial products, manufacturers, and distributors require the service. Debt management companies also have debt recovery as part of their portfolio of services.  

Market research

Those who venture into business need to know the demand for their product and what people want in a new product. They also need to be aware of market trends and what their rivals are doing. A market researcher provides this crucial information.  

Financial advisor

A person planning to launch a business may have all the knowledge and skills in the field but may be a novice in finance.

A top MBA in finance grad can play the role of financial advisor who can help businesspersons navigate their way through investment, loans, interest, and taxes.  

Business-plan writing service

Any financial institution or investor will require a business plan from a person seeking a loan to start a business.

MBAs can prepare a business plan for new entrepreneurs that will convince a bank or an investor of the viability of the business idea and provide funds.  

Starting a public relations agency should be an excellent business idea for MBAs from the marketing stream.

The job of a PR agency is to create awareness about a company and its products, and, when required, handle crises, so that the organization maintains a good image before customers and others.  

Corporate event planner

MBAs with creativity and organizational, time management, and analytical skills can launch a business as event planners.

Many companies outsource the management of events such as annual general meetings, product exhibitions, and product launches to event planners so that they can focus on the business side of the event.  

Logistics company

A logistics company offers air, rail, and road services for transportation of goods and adequate warehouses for storage.

The business, a workable idea for MBAs with knowledge of supply chain management, may require a good capital investment but can thrive with good management.  

Are you a good listener? Can you offer solutions to problems faced by people?

Your knowledge and empathy can make you a good life-coach with experience in a practical world.

The spin-off: the people you help will consider you as a dependable, go-to friend.  

Corporate wellness

These days companies are concerned about the well-being and good health of their employees. Many of them offer health and fitness services.

Many outsource “corporate wellness” services such as health check-up camps and yoga classes. An MBA can create a package for companies and run the business on their clients’ own premises.

You may be interested in: Best online courses in entrepreneurship  

How can entrepreneurs find the best business idea?

  How can you discover the next million (or billion) dollar idea? We thought it would be best to connect with a subject matter expert in the field, to find if there’s a way to make the process easier.

We interviewed Holly DeArmond (pictured above in the header image), the managing director of the Dingman Center for Entrepreneurship at the University of Maryland’s Robert H. Smith School of Business.   MCB: Apart from relying on their gut feel and creativity, how can aspiring entrepreneurs come up with interesting business ideas?

DeArmond: Oftentimes the most successful entrepreneurs are laser-focused on solving a problem. This problem may represent or be drawn from something they have experienced in work, everyday life, or that is personal to them in some way.

For example, the idea for clothing company Rent the Runway came when one of the founders wanted a better, more affordable option for a designer dress to wear to a wedding. She told a graduate school peer about it and they started building on their idea that is now Rent the Runway.

Not every founder has this type of “ah-ha” moment. A good exercise for would-be entrepreneurs is to keep a journal or document of ideas or problems you encounter.

Below are a few ideation prompts that might help spur an idea:

  • What industries, technologies, services or products energize, excite or frustrate you?
  • What customer experiences have made you think “there has to be a better way?”
  • What social issues or problems do you feel passionate about?
  • What motivates you to take action?
  • When have you said, “I wish THEY” would fix this or that?

  MCB: What factors should aspiring entrepreneurs consider to ensure that they’re choosing the right business idea?

DeArmond: The trick is to match your skillset to the idea you are most suited for. The aforementioned ideation prompts can help you get there. As you generate ideas, think about what unfair advantage you might have.

Unfair advantages could be a skillset that makes you suited to solve the problem, a unique talent, or a personal or professional connection to the problem or solution.

Next, do some market research that shows the problem exists beyond you. This can be done through reading industry reports and talking about the problem with trusted family, friends, professors and classmates.

Once you have some general statistics, consider designing your first customer. Try to make some assumptions about demographic, geographic and psychographic characteristics.

These initial exercises can help you start your journey to product/market fit. You will have to be agile and pivot along the way, but if there is no market for your problem, then there is no business.

Talking to potential customers early and often can help you refine your problem so that when it is time to develop a minimum viable product, you are positioned for a strong version.

Some more interesting business ideas after MBA

We discussed the ideas given below in an earlier article (see full list – Small business ideas from home ), but some are worth repeating.  

Staffing / recruitment agency

This is a business that requires very little capital investment but a great deal of networking. The process of inviting applications, shortlisting candidates, conducting tests and interviews, negotiating the terms of employment, and training is tedious, and companies outsource the task to staffing agencies.  

Business brokerage

Companies buy goods and services and are looking for those that sell them. Business brokers bring these companies together and earn a commission.  

Tutoring / coaching

MBAs with skills and knowledge in technical areas can start tutoring or coaching classes to guide students and young graduates in specialised fields. However, they need excellent communication and networking skills.  

Home/franchisee/existing business

Some of the business ideas mentioned above can be run from home (for example, e-commerce, business classes, financial advisor, blog writer, and management consultant). Also, instead of launching a business afresh, new entrepreneurs can become a franchisee or purchase an existing business.

Read more here: – Best MBA Programs for Entrepreneurship and Start-Ups – A day in the life of an entrepreneur after MBA – Bitcoin entrepreneur heads to elite business school (Oxford) – Why joining a startup after MBA may be the right career move – Best business schools for social entrepreneurship – Are entrepreneurs born or made?   References: 1, 2, 3, 4, 5, 6, 7, 8, 9

Mini-MBA | Start here | Success stories | Reality check | Knowledgebase | Scholarships | Services Serious about higher ed? Follow us:                

Sameer Kamat

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VentureWell

13 Class Activities To Stimulate Inventor-Entrepreneurs

10 Class Activities; team building a tech project

We updated this article with new class activities. The article was originally published in September 2017.

How can you bolster and maintain student engagement throughout your course? If you’re in search of ideas, we’ve curated a collection of cutting-edge class activities used by VentureWell Course & Program Grants recipients. These class activities are designed to prepare early-stage innovators in taking the first steps toward transforming their ideas into impactful inventions and ventures.

aileen huang-saad

1) The “If I Knew…” Exercise Aileen Huang-Saad University of Michigan “Each term, I end the class with the “If I knew” assignment. Students are asked to fill out a simple PowerPoint template that asks the following questions:

  • When I signed up to take this class, I was expecting…
  • This is what I got out of the class…
  • If I had only known…
  • This is what I would change…

Before class, I go through all of the student responses and aggregate the feedback into the themes. I then present the summary to the students for the last class and we discuss their reflections. This summary presentation is then used to iterate on the course for the following year and is assigned as the first reading for the next cohort of students as their first assignment. This sets the stage for the next class.”

2) The Envelope Exercise Pritpal Singh Villanova University

“I like class activities like the envelope exercise developed by Tina Seelig at Stanford University. In this exercise, the students are asked to plan for a two-hour activity to increase an initial, unknown investment provided to them in an envelope. The amount of money in the envelope is very small – around $2. The students are usually surprised at how little money is in the envelope. Yet, every time I’ve done this exercise, the students have increased the investment money provided to them. The exercise helps students realize how easy it is for them to make money. I was particularly delighted when the students at the Bluefields, Indian, and Caribbean University in Nicaragua came to this realization. These students are generally from relatively poor communities and lack confidence in their ability to make money. When they performed this exercise and realized how easily they could make money, it was really eye-opening and thrilling for them. It was also a very rewarding experience for me.”

entrepreneurship assignment for mba students

3) The Get Out of the Building Exercise Rodney Boehm Texas A&M University

“I provide exercises that get students out of the building. Nothing shapes a student’s perception about their idea or market better than talking with a customer . Most students are uncomfortable when they start a conversation with a potential customer. Once they are comfortable with the skill, it transforms them and their way of thinking.”

Laquita Blockson headshot

4) The Pure Imagination Exercise Laquita Blockson Agnes Scott College

“During the second week of my introductory entrepreneurship courses, I conduct a team exercise to convey the importance of creativity. I first show my students the “ Pure Imagination ” scene from the 1971 film Willy Wonka and the Chocolate Factory, asking them to listen carefully to the lyrics. This prepares them to think beyond normal convention during the exercise. I then provide each team with a common household item—a clothespin, a pill bottle, a cotton t-shirt, for example—and instruct them to think of alternative uses for their item. Once the teams have identified ways their item can be repurposed, I encourage them to contemplate how to deconstruct and reconstruct each item to make it more user-friendly. I find this exercise particularly useful because many of my students are not business or engineering majors, so by inspiring them with a film that they have likely seen, and by using common items, they are able to better internalize the connection between creativity and entrepreneurial opportunity.”

ruth ochia

5) The Defining Problems Exercise Ruth Ochia Temple University “In my introductory course, I work on students developing a sense for defining problems. I show pictures that contain many potential issues. The students are asked to define the issues they can see and what questions they would ask or additional information they would want to help define the problems. They always want to start with solutions, but the key is to get them to define the problem better, which is half the work of solving the problem anyway.”

deb streeter

6) The Flipped Classroom Exercise Deb Streeter Cornell University

“I think almost all entrepreneurship professors use class activities to create what is now considered to be a “flipped classroom.”  I’m no different. Students in my courses work to develop business ideas and concepts, go out to understand customers, pivot, pitch, and spend time outside the building to learn and practice Lean Startup concepts. I also try to spark interesting conversations inside my classroom. Sometimes I do that by using short, focused video clips or the Startup podcast. I use the mishaps and adventures featured in the podcast to illuminate important ideas and concepts. The episodes are a perfect match with so many concepts related to entrepreneurship and Lean Startup. The class becomes very invested and opinionated about the founders and the company.”

Jed Taylor

7) The Business Thesis Exercise Jed Taylor University of Illinois at Urbana-Champaign

“There is a simple business thesis exercise that we use in our I-Corps program that teaches teams to articulate their value proposition and customer segment in a concise way.  It sounds simple, but it always amazes me how challenging it is for students to do at first.  I even crack out this exercise every time that I give a guest lecture across campus.”

entrepreneurship assignment for mba students

8) The Soft Skills Exercise Cheryl Bodnar Rowan University “I use game-based class activities to help students develop their soft skills such as oral communication and teamwork, both of which are critical for entrepreneurs. Each player has a card with various symbols on it, and only one of the symbols on their individual card is defined. Without showing their cards to other players, participants have to decode the symbols and reveal the message on their individual cards, using only oral communication. The end result: all players enter a color on a rainbow-colored game board and the whole class wins.”

joe tranquillo

9) The Blindfold Exercise Joe Tranquillo Bucknell University

“In some classes I teach, I will hand out blindfolds and ask everyone to put them on. Then they pair up. Their task is to leave the second floor of the engineering building, navigate the campus, find the library, stand in line at the café and order a coffee or tea. The pair only gets to take off their blindfold when they get their beverage. Afterward we deconstruct this activity. The most important insight is that we as educators talk a lot about knowing your customer. Sometimes the only way to really understand a customer is to live in their world. After this activity the challenge is to find ways to become or simulate how to be your customer. Students seem to remember these class activities for a very long time!”

entrepreneurship assignment for mba students

10) The Two-Minute Pitch Exercise Christine E. King University of California, Irvine

“I teach the students how to design websites and we train them how to perform two-minute pitches. I love watching the students get excited about their project, and learn how to understand the big picture. These pitches are then presented at our final symposium to industry judges. We provide the winning team with funding and resources to start their company. Each year, we have 1 to 3 student teams form companies and continue to develop their venture beyond their degree. It creates such an exciting environment to teach in, as what we show them becomes applied immediately into their careers.”

For many student inventor entrepreneurs, their first exposure to innovation and entrepreneurship happens in the classroom. That’s why it’s important to continuously develop and improve upon innovation and entrepreneurship class activities to ensure early-stage innovators are well-equipped to solve the world’s biggest problems. Learning curriculum development ideas and best practices from other faculty in the ecosystem can help educators adopt, implement, and refine their own coursework for maximum impact.

entrepreneurship assignment for mba students

11) The Value in Waste Exercise Taryn Mead University of Arkansas and Western Colorado University

“I teach about various topics related to the circular economy, including regenerative innovation, or the process of developing supply networks for new products using waste materials. With VentureWell’s support, I recently led a class—and later an innovation challenge—in which students had to develop a product and business model to turn waste into new products. The teams have come up with great concepts, and some of them are going to apply for business accelerator programs at the state level.”

Editor’s note: Learn more about Taryn’s work using the waste stream in the classroom .

entrepreneurship assignment for mba students

12) Life Cycle Analysis for Sustainable Engineering Design Nancy Ruzycki University of Florida

“In my exercise, students track an object through its life cycle to understand its impact all along the product journey. This is especially eye-opening for materials engineers, who might not have considered the impact of their materials choices. This gives them something to think about as they move into an engineering design career and start making decisions for a company. I love the life cycle analysis for the impact it has on students in their understanding of engineering materials selection.”

Editor’s note: For more information on materials choices, check out our Tools for Design and Sustainability .

Carlee Bishop headshot

13) The How Might We… Mini-Design Challenge Carlee Bishop Agnes Scott College

“We kick off our Human Centered Design (HCD) course with a mini-design challenge to introduce students to the design process and products. This helps students focus on a larger course project that addresses how to create a sustainable, human-centered intervention in the agriculture space. Our philosophy is to establish a learning environment for students to learn HCD by doing HCD.”

You might also like these blog articles with example class activities you can use:

  6 Virtual Classroom Exercises To Keep Students Engaged

7 Class Exercises To Amplify Innovative Thinking

Activities for Teaching Innovation: Game-Based Learning

Curious to know more about our Course & Program Grants, which offer up to $30,000 in funding to faculty and staff? Learn more .

  • teaching resources

Teaching Entrepreneurship

Experiences teach skills..

entrepreneurship assignment for mba students

2022 Top Free Entrepreneurship Exercises

January 10, 2022 doan winkel comments 1 comment.

“Your posts help me keep my students engaged – they and I thank you!” – ExEC Professor

Based on the popularity of our 2019 Top 5 Lesson Plans and 2020 Top 5 Lesson Plans articles, here is the list of our 2021 top entrepreneurship exercises and lesson plans based on feedback from our fast-growing community of thousands of entrepreneurship instructors.

We designed the following exercises and lesson plans to transform your students’ experience as they learn how to stay motivated, prototype, and work with finances.

5. Teaching Business Model Canvas with Dr. Alex Osterwalder

Most entrepreneurship programs use the Business Model Canvas (BMC) in some way (it is a core element of the Experiential Entrepreneurship Curriculum ).

In collaboration with the BMC creator himself, Dr. Alex Osterwalder, we produced a series of lesson plans detailing how he teaches his powerful tool.

Learning the Business Model Canvas with Dr. Alex Osterwalder

With this 3-part series, you can . . .

  • Part 1 : Introduce the Business Model Canvas
  • Part 2 : Teach students how to write business model hypotheses
  • Part 3 : Demonstrate how to prioritize their riskiest assumptions

View Directions to Teach the Business Model Canvas the Way Dr. Osterwalder Does

4. Financial Modeling Showdown

Financial modeling is incredibly difficult to teach in an engaging way.

That’s why, in addition to our more advanced  Financial Projection Simulator , we developed a new game that makes introducing financial modeling fun and interactive.

Financial modeling simulation

If your students get overwhelmed by financial modeling, this game will help them learn the core concepts in an accessible way.

View The Financial Modeling Showdown Exercise

3. 60 Minute MVP

Imagine your students, in just one hour, building, and launching, an MVP . . . with no technical expertise ! In our 60 Minute MVP exercise, we present an exercise during which students build a landing page MVP that:

  • Tells their customers the problem their team is solving,
  • Uses a video to demonstrate how the team will solve the problem and
  • Asks for some form of “currency” from their customers to validate demand.

If you’re looking for an immersive exercise that activates your class, complete with a chaotic, noisy, high-pressure environment, that teaches real entrepreneurial principles, give “60 Minute MVP” a shot.

View the 60 Minute MVP Exercise

2. Design Thinking with the Ideal Wallet

The Ideal Wallet is an awesome exercise for teaching students to use empathy, prototyping, and iteration to design creative solutions to problems. This exercise that comes from Stanford University’s d.school is a fast-paced way to introduce your students to design thinking.

Design Thinking 101: Design the Ideal Wallet

During this intense exercise, students will learn:

  • That what is important for them to discover is what is important to their customer
  • To design solutions specifically related to their customers’ emotional needs
  • To prototype their design with simple household materials and
  • To gather customer feedback on prototypes

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This is our favorite exercise because when we help students discover their passions, it becomes clear to them that entrepreneurial skills will help them turn a passion into their life’s purpose.

Suddenly, entrepreneurship becomes relevant and engagement increases

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1.1: Chapter 1 – Introduction to Entrepreneurship

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  • Page ID 21253

  • Lee A. Swanson
  • University of Saskatchewan

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Whilst there is no universally accepted definition of entrepreneurship, it is fair to say that it is multi-dimensional. It involves analyzing people and their actions together with the ways in which they interact with their environments, be these social, economic, or political, and the institutional, policy, and legal frameworks that help define and legitimize human activities. – Blackburn (2011, p. xiii)

Entrepreneurship involves such a range of activities and levels of analysis that no single definition is definitive. – Lichtenstein (2011, p. 472)

It is complex, chaotic, and lacks any notion of linearity. As educators, we have the responsibility to develop our students’ discovery, reasoning, and implementation skills so they may excel in highly uncertain environments. – Neck and Greene (2011, p. 55)

Learning Objectives

  • Examine the challenges associated with defining the concepts of entrepreneur and entrepreneurship
  • Discuss how the evolution of entrepreneurship thought has influenced how we view the concept of entrepreneurship today
  • Discuss how the list of basic questions in entrepreneurship research can be expanded to include research inquiries that are important in today’s world
  • Discuss how the concepts of entrepreneurial uniqueness, entrepreneurial personality traits, and entrepreneurial cognitions can help society improve its support for entrepreneurship
  • Apply the general venturing script to the study of entrepreneurship

This chapter provides you with an overview of entrepreneurship and of the language of entrepreneurship. The challenges associated with defining entrepreneur and entrepreneurship are explored, as is an overview of how entrepreneurship can be studied.

The objective is to enable you to apply current concepts in entrepreneurship to the evaluation of entrepreneurs, their ventures, and the venturing environment. You will develop skills, including the capability to add value in the new venture sector of the economy. You will acquire and practice evaluation skills useful in consulting, advising, and making new venture decisions.

Entrepreneurs and Entrepreneurship

Considerations influencing definitions of entrepreneur and entrepreneurship.

It is necessary to be able to determine exactly who entrepreneurs are before we can, among other things, study them, count them, provide special loans for them, and calculate how and how much they contribute to our economy.

  • Does someone need to start a business from scratch to be called an entrepreneur?
  • Can we call someone an entrepreneur if they bought an ongoing business from someone else or took over the operations of a family business from their parents?
  • If someone starts a small business and never needs to hire employees, can they be called an entrepreneur?
  • If someone buys a business but hires professional managers to run it so they don’t have to be involved in the operations, are they an entrepreneur?
  • Is someone an entrepreneur if they buy into a franchise so they can follow a well-established formula for running the operation?
  • Is someone an entrepreneur because of what they do or because of how they think?
  • Can someone be an entrepreneur without owning their own business?
  • Can a person be an entrepreneur because of the nature of the work that they do within a large corporation?

It is also necessary to fully understand what we mean by entrepreneurship before we can study the concept.

Gartner (1990) identified 90 attributes that showed up in definitions of entrepreneurs and entrepreneurship provided by entrepreneurs and other experts in the field. The following are a few of these attributes:

  • Innovation – Does a person need to be innovative to be considered an entrepreneur? Can an activity be considered to be entrepreneurial if it is not innovative?
  • Activities – What activities does a person need to do to be considered an entrepreneur?
  • Creation of a new business – Does someone need to start a new business to be considered to be an entrepreneur, or can someone who buys a business, buys into a franchise, or takes over an existing family business be considered an entrepreneur?
  • Starts an innovative venture within an established organization – Can someone who works within an existing organization that they don’t own be considered an entrepreneur if they start an innovative venture for their organization?
  • Creation of a not-for-profit business – Can a venture be considered to be entrepreneurial if it is a not-for-profit, or should only for-profit businesses be considered entrepreneurial?

After identifying the 90 attributes, Gartner (1990) went back to the entrepreneurs and other experts for help in clustering the attributes into themes that would help summarize what people concerned with entrepreneurship thought about the concept. He ended up with the following eight entrepreneurship themes:

1. The Entrepreneur – The entrepreneur theme is the idea that entrepreneurship involves individuals with unique personality characteristics and abilities (e.g., risk-taking, locus of control, autonomy, perseverance, commitment, vision, creativity). Almost 50% of the respondents rated these characteristics as not important to a definition of entrepreneurship (Gartner, 1990, p. 21, 24).

  • “The question that needs to be addressed is: Does entrepreneurship involve entrepreneurs (individuals with unique characteristics)?” (Gartner, 1990, p. 25).

2. Innovation – The innovation theme is characterized as doing something new as an idea, product, service, market, or technology in a new or established organization. The innovation theme suggests that innovation is not limited to new ventures, but recognized as something which older and/or larger organizations may undertake as well (Gartner, 1990, p. 25). Some of the experts Gartner questioned believed that it was important to include innovation in definitions of entrepreneurship and others did not think it was as important.

  • “Does entrepreneurship involve innovation?” (Gartner, 1990, p. 25).

3. Organization Creation – The organization creation theme describes the behaviors involved in creating organizations. This theme described acquiring and integrating resource attributes (e.g., Brings resources to bear, integrates opportunities with resources, mobilizes resources, gathers resources) and attributes that described creating organizations (new venture development and the creation of a business that adds value). (Gartner, 1990, p. 25)

  • “Does entrepreneurship involve resource acquisition and integration (new venture creation activities)?” (Gartner, 1990, p. 25)

4. Creating Value – This theme articulated the idea that entrepreneurship creates value. The attributes in this factor indicated that value creation might be represented by transforming a business, creating a new business growing a business, creating wealth, or destroying the status quo.

  • “Does entrepreneurship involve creating value?” (Gartner, 1990, p. 25).

5. Profit or Nonprofit

  • “Does entrepreneurship involve profit-making organizations only” (Gartner, 1990, p. 25)?
  • Should a focus on growth be a characteristic of entrepreneurship?

7. Uniqueness – This theme suggested that entrepreneurship must involve uniqueness. Uniqueness was characterized by attributes such as a special way of thinking, a vision of accomplishment, ability to see situations in terms of unmet needs, and creates a unique combination.

  • “Does entrepreneurship involve uniqueness?” (Gartner, 1990, p. 26).

8. The Owner-Manager – Some of the respondents questioned by Gartner (1990) did not believe that small mom-and-pop types of businesses should be considered to be entrepreneurial. Some respondents felt that an important element of a definition of entrepreneurship was that a venture be owner-managed.

  • To be entrepreneurial, does a venture need to be owner-managed?

Examples of Definitions of Entrepreneur

An entrepreneur can be described as “one who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying significant opportunities and assembling the necessary resources to capitalize on them” (Zimmerer & Scarborough, 2008, p. 5).

An entrepreneur is “one who organizes, manages, and assumes the risks of a business or enterprise” (Entrepreneur, n.d.).

Examples of Definitions of Entrepreneurship

Entrepreneurship can be defined as a field of business that

seeks to understand how opportunities to create something new (e.g., new products or services, new markets, new production processes or raw materials, new ways of organizing existing technologies) arise and are discovered or created by specific persons, who then use various means to exploit or develop them, thus producing a wide range of effects (Baron, Shane, & Reuber, 2008, p. 4)

A concise definition of entrepreneurship “is that it is the process of pursuing opportunities without limitation by resources currently in hand” (Brooks, 2009, p. 3) and “the process of doing something new and something different for the purpose of creating wealth for the individual and adding value to society” (Kao, 1993, p. 70)

The Evolution of Entrepreneurship Thought

This section includes an overview of how entrepreneurship has evolved to the present day.

The following timeline shows some of the most influential entrepreneurship scholars and the schools of thought (French, English, American, German, and Austrian) their perspectives helped influence and from which their ideas evolved. Schools of thought are essentially groups of people who might or might not have personally known each other, but who shared common beliefs or philosophies.

image1.png

Figure 1 – Historical and Evolutionary Entrepreneurship Thought (Illustration by Lee A. Swanson)

The Earliest Entrepreneurship

The function, if not the name, of the entrepreneur is probably as old as the institutions of barter and exchange. But only after economic markets became an intrusive element of society did the concept take on pivotal importance. Many economists have recognized the pivotal role of the entrepreneur in a market economy. Yet despite his central importance in economic activity, the entrepreneur has been a shadowy and elusive figure in the history of economic theory (Hebert & Link, 2009, p. 1).

Historically those who acted similarly to the ways we associate with modern day entrepreneurs – namely those who strategically assume risks to seek economic (or other) gains – were military leaders, royalty, or merchants. Military leaders planned their campaigns and battles while assuming significant risks, but by doing so they also stood to gain economic benefits if their strategies were successful. Merchants, like Marco Polo who sailed out of Venice in the late 1200s to search for a trade route to the Orient, also assumed substantial risks in the hope of becoming wealthy (Hebert & Link, 2009).

The entrepreneur, who was also called adventurer , projector , and undertaker during the eighteenth century, was not always viewed in a positive light (Hebert & Link, 2009).

Development of Entrepreneurship as a Concept

Risk and uncertainty.

Richard Cantillon (1680-1734) was born in France and belonged to the French School of thought although he was an Irish economist. He appears to be the person who introduced the term entrepreneur to the world. “According to Cantillon, the entrepreneur is a specialist in taking on risk, ‘insuring’ workers by buying their output for resale before consumers have indicated how much they are willing to pay for it” (Casson & Godley, 2005p. 26). The workers’ incomes are mostly stable, but the entrepreneur risks a loss if market prices fluctuate.

Cantillon distinguished entrepreneurs from two other classes of economic agents; landowners, who were financially independent, and hirelings (employees) who did not partake in the decision-making in exchange for relatively stable incomes through employment contracts. He was the first writer to provide a relatively refined meaning for the term entrepreneurship . Cantillon described entrepreneurs as individuals who generated profits through exchanges. In the face of uncertainty, particularly over future prices, they exercise business judgment. They purchase resources at one price and sell their product at a price that is uncertain, with the difference representing their profit (Chell, 2008; Hebert & Link, 2009).

Farmers were the most prominent entrepreneurs during Cantillon’s lifetime, and they interacted with “arbitrageurs” – or middlemen between farmers and the end consumers – who also faced uncertain incomes, and who were also, therefore, entrepreneurs. These intermediaries facilitated the movement of products from the farms to the cities where more than half of the farm output was consumed. Cantillon observed that consumers were willing to pay a higher price per unit to be able to purchase products in the smaller quantities they wanted, which created the opportunities for the intermediaries to make profits. Profits were the rewards for assuming the risks arising from uncertain conditions. The markets in which profits were earned were characterized by incomplete information (Chell, 2008; Hebert & Link, 2009).

Adolph Reidel (1809-1872), form the German School of thought, picked up on Cantillon’s notion of uncertainty and extended it to theorize that entrepreneurs take on uncertainty so others, namely income earners, do not have to be subject to the same uncertainty. Entrepreneurs provide a service to risk-averse income earners by assuming risk on their behalf. In exchange, entrepreneurs are rewarded when they can foresee the impacts of the uncertainty and sell their products at a price that exceeds their input costs (including the fixed costs of the wages they commit to paying) (Hebert & Link, 2009).

Frank Knight (1885-1972) founded the Chicago School of Economics and belonged to the American School of thought. He refined Cantillon’s perspective on entrepreneurs and risk by distinguishing insurable risk as something that is separate from uncertainty, which is not insurable. Some risks can be insurable because they have occurred enough times in the past that the expected loss from such risks can be calculated. Uncertainty, on the other hand, is not subject to probability calculations. According to Knight, entrepreneurs can’t share the risk of loss by insuring themselves against uncertain events, so they bear these kinds of risks themselves, and profit is the reward that entrepreneurs get from assuming uninsurable risks (Casson & Godley, 2005).

Distinction Between Entrepreneur and Manager

Jean-Baptiste Say (1767-1832), also from the French School, advanced Cantillon’s work, but added that entrepreneurship was essentially a form of management. Say “put the entrepreneur at the core of the entire process of production and distribution” (Hebert & Link, 2009, p. 17). Say’s work resulted in something similar to a general theory of entrepreneurship with three distinct functions; “scientific knowledge of the product; entrepreneurial industry – the application of knowledge to useful purpose; and productive industry – the manufacture of the item by manual labour” (Chell, 2008, p. 20).

Frank Knight made several contributions to entrepreneurship theory, but another of note is how he distinguished an entrepreneur from a manager. He suggested that a manager crosses the line to become an entrepreneur “when the exercise of his/her judgment is liable to error and s/he assumes the responsibility for its correctness” (Chell, 2008, p. 33). Knight said that entrepreneurs calculate the risks associated with uncertain business situations and make informed judgments and decisions with the expectation that – if they assessed the situation and made the correct decisions – they would be rewarded by earning a profit. Those who elect to avoid taking these risks choose the relative security of being employees (Chell, 2008).

Alfred Marshall (1842-1924), from the English School of thought, was one of the founders of neoclassical economics. His research involved distinguishing between the terms capitalist, entrepreneur, and manager. Marshall saw capitalists as individuals who “committed themselves to the capacity and honesty of others, when he by himself had incurred the risks for having contributed with the capital” (Zaratiegui & Rabade, 2005, p. 775). An entrepreneur took control of money provided by capitalists in an effort to leverage it to create more money; but would lose less if something went wrong then would the capitalists. An entrepreneur, however, risked his own reputation and the other gains he could have made by pursuing a different opportunity.

Let us suppose that two men are carrying on smaller businesses, the one working with his own, the other chiefly with borrowed capital. There is one set of risks which is common to both; which may be described as the trade risks of the particular business … But there is another set of risks, the burden of which has to be borne by the man working with borrowed capital, and not by the other; and we may call them personal risks (Marshall, 1961, p. 590; Zaratiegui & Rabade, 2005, p. 776).

Marshall recognized that the reward capitalists received for contributing capital was interest income and the reward entrepreneurs earned was profits. Managers received a salary and, according to Marshall, fulfilled a different function than either capitalists or entrepreneurs – although in some cases, particularly in smaller firms, one person might be both an entrepreneur and a manager. Managers “were more inclined to avoid challenges, innovations and what Schumpeter called the ‘perennial torment of creative destruction’ in favour of a more tranquil life” (Zaratiegui & Rabade, 2005, p. 781). The main risks they faced from firm failure were to their reputations or to their employment status. Managers had little incentive to strive to maximize profits (Zaratiegui & Rabade, 2005).

Amasa Walker (1799-1875) and his son Francis Walker (1840-1897) were from the American School of thought, and they helped shape an American perspective of entrepreneurship following the Civil War of 1861-1865. These scholars claimed that entrepreneurs created wealth, and thus played a different role than capitalists. They believed that entrepreneurs had the power of foresight and leadership qualities that enabled them to organize resources and inject energy into activities that create wealth (Chell, 2008).

Entrepreneurship versus Entrepreneur

Adam Smith (1723-1790), from the English School of thought, published An Inquiry into the Nature and Causes of the Wealth of Nations in 1776. In a departure from the previous thought into entrepreneurship and economics, Smith did not dwell on a particular class of individual. He was concerned with studying how all people fit into the economic system. Smith contended that the economy was driven by self-interest in the marketplace (Chell, 2008).

Also from the English School, David Ricardo (1772-1823) was influenced by Smith, Say, and others. His work focused on how the capitalist system worked. He explained how manufacturers must invest their capital in response to the demand for the products they produce. If demand decreases, manufacturers should borrow less and reduce their workforces. When demand is high, they should do the reverse (Chell, 2008).

Carl Menger (1840-1921), from the Austrian School of thought, ranked goods according to their causal connections to human satisfaction. Lower order goods include items like bread that directly satisfy a human want or need like hunger. Higher order goods are those more removed from satisfying a human need. A second order good is the flour that was used to make the bread. The grain used to make the flour is an even higher order good. Entrepreneurs coordinate these factors of production to turn higher order goods into lower order goods that more directly satisfy human wants and needs (Hebert & Link, 2009).

Menger (1950 [1871], p. 160) established that entrepreneurial activity includes: (a) obtaining information about the economic situation, (b) economic calculation – all the various computations that must be made if a production process is to be efficient, (c) the act of will by which goods of higher order are assigned to a particular production process, and (d) supervising the execution of the production plan so that it may be carried through as economically as possible (Hebert & Link, 2009, p. 43).

Entrepreneurship and Innovation

Jeremy Bentham (1748-1832), from the English School of thought, considered entrepreneurs to be innovators. They “depart from routine, discover new markets, find new sources of supply, improve existing products and lower the costs of production” (Chell, 2008).

Joseph Schumpeter’s (1883-1950) parents were Austrian, he studied at the University of Vienna, conducted research at the University of Graz, served as Austria’s Minister of Finance, and was the president of a bank in the country. Because of the rise of Hitler in Europe, he went to the United States and conducted research at Harvard until he retired in 1949. Because of this, he is sometimes associated with the American School of thought on entrepreneurship (Chell, 2008).

Whereas Menger saw entrepreneurship as occurring because of economic progress, Schumpeter took the opposite stance. Schumpeter saw economic activity as leading to economic development (Hebert & Link, 2009). Entrepreneurs play a central role in Schumpeter’s theory of economic development, and economic development can occur when the factors of production are assembled in new combinations .

Schumpeter (1934) viewed innovation as arising from new combinations of materials and forces. He provided the following five cases of new combinations.

  • The introduction of a new good – that is one with which consumers are not yet familiar – or of a new quality of good.
  • The introduction of a new method of production, that is one not yet tested by experience in the branch of manufacture concerned, which need by no means be founded upon a discovery scientifically new, and can also exist in a new way of handling a commodity commercially.
  • The opening of a new market, that is a market into which the particular branch of manufacture of the country in question has not previously entered, whether or not this market has existed before.
  • The conquest of a new source of supply of raw materials or half-manufactured goods, again irrespective of whether this source already exists or whether it has first to be created.
  • The carrying out of the new organisation of any industry, like the creation of a monopoly position … or the breaking up of a monopoly position (Schumpeter, 1934, p. 66).

Another concept popularized by Schumpeter – in addition to the notion of new combinations – was creative destruction . This was meant to indicate that the existing ways of doing things need to be dismantled – to be destroyed – to enable a transformation through innovation to a new way of doing things. Entrepreneurs use innovation to disrupt how things are done and to establish a better way of doing those things.

Basic Questions in Entrepreneurship Research

According to Baron (2004a), there are three basic questions of interest in the field of entrepreneurship:

  • Why do some persons but not others choose to become entrepreneurs?
  • Why do some persons but not others recognize opportunities for new products or services that can be profitably exploited?
  • Why are some entrepreneurs so much more successful than others (Baron, 2004a, p. 221)?

To understand where these foundational research questions came from and what their relevance is today, it is useful to study what entrepreneurship research has uncovered so far.

Entrepreneurial Uniqueness

Efforts to teach entrepreneurship have included descriptions of entrepreneurial uniqueness based on personality, behavioural, and cognitive traits (Chell, 2008; Duening, 2010).

  • Need for achievement
  • Internal locus of control (a belief by an individual that they are in control of their own destiny)
  • Risk-taking propensity
  • Behavioural traits
  • Cognitive skills of successful entrepreneurs

Past studies of personality characteristics and behavioural traits have not been overly successful at identifying entrepreneurial uniqueness.

As it turned out, years of painstaking research along this line has not borne significant fruit. It appears that there are simply not any personality characteristics that are either essential to, or defining of, entrepreneurs that differ systematically from non-entrepreneurs…. Again, investigators proposed a number of behavioural candidates as emblematic of entrepreneurs. Unfortunately, this line of research also resulted in a series of dead ends as examples of successful entrepreneurial behaviours had equal counterparts among samples of non-entrepreneurs. As with the personality characteristic school of thought before it, the behavioural trait school of thought became increasingly difficult to support (Duening, 2010, p. 4-5).

This shed doubt on the value of trying to change personality characteristics or implant new entrepreneurial behaviours through educational programs in an effort to promote entrepreneurship.

New research, however, has resurrected the idea that there might be some value in revisiting personality traits as a topic of study. Additionally, Duening (2010) and has suggested that an important approach to teaching and learning about entrepreneurship is to focus on the “cognitive skills that successful entrepreneurs seem uniquely to possess and deploy” (p. 2). In the next sections we consider the new research on entrepreneurial personality traits and on entrepreneurial cognitions.

Entrepreneurial Personality Traits

While acknowledging that research had yet to validate the value of considering personality and behaviour traits as ways to distinguish entrepreneurs from non-entrepreneurs or unsuccessful ones, Chell (2008) suggested that researchers turn their attention to new sets of traits including: “the proactive personality, entrepreneurial self-efficacy, perseverance and intuitive decision-making style. Other traits that require further work include social competence and the need for independence” (p. 140).

In more recent years scholars have considered how the Big Five personality traits – extraversion, agreeableness, conscientiousness, neuroticism (sometimes presented as emotional stability ), and openness to experience (sometimes referred to as intellect) – might be used to better understand entrepreneurs. It appears that the Big Five traits might be of some use in predicting entrepreneurial success. Research is ongoing in this area, but in one example, Caliendo, Fossen, and Kritikos (2014) studied whether personality constructs might “influence entrepreneurial decisions at different points in time” (p. 807), and found that “high values in three factors of the Big Five approach—openness to experience, extraversion, and emotional stability (the latter only when we do not control for further personality characteristics)—increase the probability of entry into self-employment” (p. 807). They also found “that some specific personality characteristics, namely risk tolerance, locus of control, and trust, have strong partial effects on the entry decision” (p. 807). They also found that people who scored higher on agreeableness were more likely to exit their businesses, possibly meaning that people with lower agreeableness scores might prevail longer as entrepreneurs. When it came to specific personality traits, their conclusions indicated that those with an external locus of control were more likely to stop being self-employed after they had run their businesses for a while. There are several implications for research like this, including the potential to better understand why some entrepreneurs behave as they do based upon their personality types and the chance to improve entrepreneurship education and support services.

Entrepreneurial Cognitions

It is only fairly recently that entrepreneurship scholars have focused on cognitive skills as a primary factor that differentiates successful entrepreneurs from non-entrepreneurs and less successful entrepreneurs. This approach deals with how entrepreneurs think differently than non-entrepreneurs (Duening, 2010; Mitchell et al., 2007).

Entrepreneurial cognitions are the knowledge structures that people use to make assessments, judgments or decisions involving opportunity evaluation and venture creation and growth. In other words, research in entrepreneurial cognition is about understanding how entrepreneurs use simplifying mental models to piece together previously unconnected information that helps them to identify and invent new products or services, and to assemble the necessary resources to start and grow businesses (Mitchell, Busenitz, et al., 2002, p. 97).

Mitchell, Smith, et al. (2002) provided the example of how the decision to create a new venture (dependent variable) was influenced by three sets of cognitions (independent variables). They described these cognitions as follows:

Arrangements cognitions are the mental maps about the contacts, relationships, resources, and assets necessary to engage in entrepreneurial activity; willingness cognitions are the mental maps that support commitment to venturing and receptivity to the idea of starting a venture; ability cognitions consist of the knowledge structures or scripts (Glaser, 1984) that individuals have to support the capabilities, skills, norms, and attitudes required to create a venture (Mitchell et al., 2000). These variables draw on the idea that cognitions are structured in the minds of individuals (Read, 1987), and that these knowledge structures act as “scripts” that are the antecedents of decision making (Leddo & Abelson, 1986, p. 121; Mitchell, Smith, et al., 2002, p. 10)

Cognitive Perspective to Understanding Entrepreneurship

According to Baron (2004a), by taking a cognitive perspective, we might better understand entrepreneurs and the role they play in the entrepreneurial process.

The cognitive perspective emphasizes the fact that everything we think, say, or do is influenced by mental processes—the cognitive mechanisms through which we acquire store, transform, and use information. It is suggested here that this perspective can be highly useful to the field of entrepreneurship. Specifically, it can assist the field in answering three basic questions it has long addressed: (1) Why do some persons but not others choose to become entrepreneurs? (2) Why do some persons but not others recognize opportunities for new products or services that can be profitably exploited? And (3) Why are some entrepreneurs so much more successful than others (Baron, 2004a, p. 221-222)?

Baron (2004a), illustrated how cognitive differences between people might explain why some people end up pursuing entrepreneurial pursuits and others do not. For example, prospect theory (Kahneman & Tversky, 1977) and other decision-making or behavioural theories might be useful in this regard. Research into cognitive biases might also help explain why some people become entrepreneurs.

Baron (2004a) also revealed ways in which cognitive concepts like signal detection theory, regulation theory, and entrepreneurial might help explain why some people are better at entrepreneurial opportunity recognition. He also illustrated how some cognitive models and theories – like risk perception, counterfactual thinking, processing style, and susceptibility to cognitive errors – might help explain why some entrepreneurs are more successful than others.

Cognitive Perspective and the Three Questions

  • Prospect Theory
  • Cognitive Biases
  • Signal Detection Theory
  • Regulation Theory
  • Entrepreneurial Alertness
  • Risk Perception
  • Counterfactual Thinking
  • Processing Style
  • Susceptibility to Cognitive Errors

Entrepreneurial Scripts

  • “Cognition has emerged as an important theoretical perspective for understanding and explaining human behavior and action” (Dutta & Thornhill, 2008, p. 309).
  • Cognitions are all processes by which sensory input is transformed, reduced, elaborated, stored, recovered, and used (Neisser, 1976).
  • Cognitions lead to the acquisition of knowledge, and involve human information processing.
  • Is a mental model, or information processing short-cut that can give information form and meaning, and enable subsequent interpretation and action.
  • The subsequent interpretation and actions can result in expert performance … they can also result in thinking errors.
  • the processes that transfer expertise, and
  • the actual expertise itself.
  • Scripts are generally framed as a linear sequence of steps, usually with feedback loops, that can explain how to achieve a particular task – perhaps like developing a business plan.
  • Sometimes scripts can be embedded within other scripts. For example, within a general venturing script that outlines the sequences of activities that can lead to a successful business launch, there will probably be sub-scripts describing how entrepreneurs can search for ideas, screen those ideas until one is selected, plan how to launch a sustainable business based upon that idea and including securing the needed financial resources, setting up the business, starting it, effectively managing its ongoing operations, and managing the venture such that that entrepreneur can extract the value that they desire from the enterprise at the times and in the ways they want it.
  • The most effective scripts include an indication of the norms that outline performance standards and indicate how to determine when any step in the sequence has been properly completed.

General Venturing Script

Generally, entrepreneurship is considered to consist of the following elements, or subscripts (Brooks, 2009; Mitchell, 2000).

  • Idea Screening
  • Planning and Financing
  • Ongoing Operations

Searching (also called idea formulation or opportunity recognition)

  • This script begins when a person decides they might be a potential entrepreneur (or when an existing entrepreneur decides they need more ideas in their idea pool ).
  • This script ends when there are a sufficient number of ideas in the idea pool.
  • overcome mental blockages to creativity which might hinder this person’s ability to identify viable ideas;
  • implement steps to identify a sufficient number of ideas (most likely 5 or more) which the person is interested in investigating to determine whether they might be viable given general criteria such as this person’s personal interests and capabilities;

Idea Screening (also called concept development)

  • This script begins when the person with the idea pool is no longer focusing on adding new ideas to it; but is instead taking steps to choose the best idea for them given a full range of specific criteria .
  • This script ends when one idea is chosen from among those in the idea pool.
  • Evaluate the political, economic, social, technological, environmental, and legal climates
  • Evaluate the degree of competitiveness in the industry, the threat of substitutes emerging, the threat of new entrants to the industry, the degree of bargaining power of buyers, and the degree of bargaining power of suppliers.
  • Do a market profile analysis to assess the attractiveness of the position within the industry that the potential venture will occupy.
  • Formulate and evaluate potential strategies to leverage organizational strengths, overcome/minimize weaknesses, take advantage of opportunities, and overcome/minimize threats;
  • Complete financial projections and analyze them to evaluate financial attractiveness;
  • Assess the founder fit with the ideas;
  • Evaluate the core competencies of the organization relative to the idea;
  • Assess advice solicited from trusted advisers

Planning and Financing (also called resource determination and acquisition)

  • This script begins when the idea screening script ends and when the person begins making the plans to implement the single idea chosen from the idea pool, which is done in concert with securing financing to implement the venture idea.
  • This script ends when sufficient business planning has been done and when adequate financing has been arranged.
  • The scripting process involves a logical flow of steps to develop a business plan and secure adequate financing to start the business.

Set-Up (also called launch)

  • This script begins when the planning and financing script ends and when the person begins implementing the plans needed to start the business.
  • This script ends when the business is ready to start-up.
  • The scripting process involves a logical flow of steps, including purchasing and installing equipment, securing the venture location and finishing all the needed renovations, recruiting and hiring any staff needed for start-up, and the many other steps needed to prepare for start-up.
  • Start-Up (also called launch)
  • This script begins when the set-up script ends and when the business opens and begins making sales.
  • This script ends when the business has moved beyond the point where the entrepreneur must continually fight for the business’s survival and persistence. It ends when the entrepreneur can instead shift emphasis toward business growth or maintaining the venture’s stability.
  • The scripting process involves a logical flow of steps needed to establish a new venture.

Ongoing Operations (also called venture growth)

  • This script begins when the start-up script ends and when the business has established persistence and is implementing growth (or maintenance) strategies.
  • This script ends when the entrepreneur chooses to harvest the value they generated with the venture.
  • The scripting process involves a logical flow of steps needed to grow (or maintain) a venture.

Studying Entrepreneurship

The following quotations from two preeminent entrepreneurship and entrepreneurship education researchers indicate the growing interest in studies in this field.

Entrepreneurship has emerged over the last two decades as arguably the most potent economic force the world has ever experienced. With that expansion has come a similar increase in the field of entrepreneurship education. The recent growth and development in the curricula and programs devoted to entrepreneurship and new-venture creation have been remarkable. The number of colleges and universities that offer courses related to entrepreneurship has grown from a handful in the 1970s to over 1,600 in 2005 (Kuratko, 2005, p. 577).

Interest in entrepreneurship has heightened in recent years, especially in business schools. Much of this interest is driven by student demand for courses in entrepreneurship, either because of genuine interest in the subject, or because students see entrepreneurship education as a useful hedge given uncertain corporate careers (Venkataraman, 1997, p. 119).

Approaches to Studying Entrepreneurship

Entrepreneurship is a discipline, which means an individual can learn about it, and about how to be an effective entrepreneur. It is a myth that people are born entrepreneurs and that others cannot learn to become entrepreneurs (Drucker, 1985). Kuratko (2005) asserted that the belief previously held by some that entrepreneurship cannot be taught has been debunked, and the focus has shifted to what topics should be taught and how they should be covered.

Solomon (2007) summarized some of the research on what should be covered in entrepreneurship courses, and how it should be taught. While the initial focus was on actions like developing business plans and being exposed to real entrepreneurs, more recently this approach has been supplemented by an emphasis on technical, industry, and personal experience. “It requires critical thinking and ethical assessment and is based on the premise that successful entrepreneurial activities are a function of human, venture and environmental conditions” (p. 172). Another approach “calls for courses to be structured around a series of strategic development challenges including opportunity identification and feasibility analysis; new venture planning, financing and operating; new market development and expansion strategies; and institutionalizing innovation” (p. 172). This involves having students interact with entrepreneurs by interviewing them, having them act as mentors, and learning about their experiences and approaches through class discussions.

Sources of Information for Studying Entrepreneurship

According to Kuratko (2005), “three major sources of information supply the data related to the entrepreneurial process or perspective” (p. 579).

  • Academic journals like Entrepreneurship Theory and Practice , Journal of Business Venturing , and Journal of Small Business Management
  • Proceedings of conferences like Proceedings of the Academy of Management and Proceedings of the Administrative Sciences Association of Canada
  • Textbooks on entrepreneurship
  • Books about entrepreneurship
  • Biographies or autobiographies of entrepreneurs
  • News periodicals like Canadian Business and Profit
  • Trade periodicals like Entrepreneur and Family Business
  • Government publications available through sources like the Enterprise Saskatchewan and Canada-Saskatchewan Business Service Centre (CSBSC) websites and through various government resource centers
  • Data might be collected from entrepreneurs and about entrepreneurs through surveys, interviews, or other methods applied by researchers.
  • Speeches and presentations by practicing entrepreneurs
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Black Visionary Leadership and Redefining What's Possible

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Taking the Risk to Start a Company at Business School

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All Is Well in Texas: How Julia Cheek Founded Her At-Home Lab Testing Startup, EverlyWell

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In addition, the Rock Center supports faculty research , fellowships , symposia, conferences and alumni programming like the Rock 100 , a worldwide exclusive HBS network for founders of early stage, high impact ventures.

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HBS Startup Bootcamp and Founders Unfiltered

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Library Home

Introduction to Entrepreneurship

(3 reviews)

entrepreneurship assignment for mba students

Katherine Carpenter, University of Victoria

Copyright Year: 2021

ISBN 13: 9781989864500

Publisher: Kwantlen Polytechnic University

Language: English

Formats Available

Conditions of use.

Attribution-NonCommercial-ShareAlike

Learn more about reviews.

entrepreneurship assignment for mba students

Reviewed by Larry Clay, Assistant Professor, Marymount University on 2/12/24

This book is a sufficient option for my 201: Principles of Entrepreneurship course. It is aligned with my course objectives, and includes the basic of business venturing and modeling, but also offers the fundamental terms and definitions for... read more

Comprehensiveness rating: 4 see less

This book is a sufficient option for my 201: Principles of Entrepreneurship course. It is aligned with my course objectives, and includes the basic of business venturing and modeling, but also offers the fundamental terms and definitions for learners outside of business can connect and understand how to start and maintain a viable business venture.

Content Accuracy rating: 4

This book details an accurate account of what is entrepreneurship, what are some of the qualities, attributes, and traits needed to be an entrepreneur, and practical suggestions to how to approach an entrepreneurship endeavor. The statistics of failure and success in this sector is key for students to understand that they are going against the grain starting a business, and it takes commitment, self motivation, and smart hustling to move towards a trajectory of profit.

Relevance/Longevity rating: 4

This book has the basic information that is relevant to understanding the fundamental processes of designing products and services, and build capacity of an organizational system.

Clarity rating: 4

The book is consistent with clarity of information and injects case scenarios that help students understand entrepreneurship.

Consistency rating: 4

This book is consistent with other textbooks as it relates to content around entrepreneurship. Some of the basic constructs, structures, and processes in entrepreneurship have not change much, but there are new strategic and analytical tools available to entrepreneurs now that students can employ in experiential learning exercises that will also be complementaries to this book.

Modularity rating: 5

This book is easily digestible and separated in a logical flow.

Organization/Structure/Flow rating: 4

The content is in a logical and clear flow that I believe students can read and absorb the information.

Interface rating: 4

The different formats offerings make this book a good fit as a learning interface for students. I noticed students in this generation prefer digital interfaces, so the PDF and digital version of the OER textbook with interactive tools embedded is a positive, and I foresee no interface issues between the content and students.

Grammatical Errors rating: 5

I did not recognize any grammatical errors in my review.

Cultural Relevance rating: 4

This book was not found to have any offensive or derogatory content that might be viewed as insensitive to a particular group or culture.

When teaching entrepreneurship, I find the biggest cognitive struggle students have is approaching the business and financial modeling. I usually look for books that include an excel or spreadsheet template so students can practice dash boarding and managing their financials and non financial resources.

Reviewed by Mary Hill, Lecturer II, University of New Mexico on 5/12/23

no index or glossary found. as indicated by the title - this is an early introduction to the subject. read more

no index or glossary found. as indicated by the title - this is an early introduction to the subject.

Content Accuracy rating: 5

very accurate from my perspective as a person who has taught entrepreneurship for health care professions students for 10 years.

Relevance/Longevity rating: 5

very relevant. Able to be updated without difficulty.

Clarity rating: 5

very clear.

Consistency rating: 5

very consistant .

easily broken into small pieces.

Organization/Structure/Flow rating: 5

well organized. It is 67 pages and gives a very early introduction to the subject.

Modules 1 and 2 are masterfully designed and easy to navigate with clear paths. Likely, course instructors would wish to have other specific course assignments as the assignments within the book do not relate to concrete/crystalized knowledge, but on reflection (which may be less productive for some learners). If the book is downloaded as a .pdf, then the phrase "One or more interactive elements has been excluded..." appear 2-3 times per page on the .pdf. Effectively, the .pdf is not a full text of the course. When the course is viewed through the pressbooks interface, then interactive questions, well shot video transcripts and attractive visuals improve the material. Some aspects of the pressbooks interface are less intuitive to navigate. For example, the interactive business design in unit 3 focuses on sustainable development goals (SDGs). I like the connection of SDGs to entrepreneurship, but the entry level questions are difficult to navigate and are not geared to a novice learner (as the name "introduction to entrepreneurship" would indicate. The entrepreneurship plan in chapter 4 has many components bout entrepreneurship philosophy that will help learners consider what they need in order to create their endeavor. Absent, however, are the government permits / supports / business license logistics that sometimes are the reasons that businesses fail.

Cultural Relevance rating: 5

No cultural offense observed (from my perspective of a person of priveledge). Authors made effort to not to highlight any gender or any cultural accomplishments over others.

I will incorporate components in the chapter 4 entrepreneurial plan into my course on health care private practice entrepreneurship.

Reviewed by Christina Wooten, Business Technology Faculty, Rogue Community College on 3/30/23

The text is a good introduction and covers several high-level topics that pertain to entrepreneurship. There are many more topics that could be added to this text. It may not be sufficient to support an entire course. There is not a glossary... read more

Comprehensiveness rating: 3 see less

The text is a good introduction and covers several high-level topics that pertain to entrepreneurship. There are many more topics that could be added to this text. It may not be sufficient to support an entire course.

There is not a glossary or index available.

The text appears accurate and unbiased. I did note a few writing errors in the text (missing period, additional period, etc.)

There are some references in the transcripts, text, and videos that could make the text obsolete. These references could also be confusing or non-inclusive to some students. "...someone who goes on Dragon's Den" These type references are limited to the introductory section of the text.

Overall, the text/transcripts/videos are clear. The final sections (3 and 4) do have sections that are not as clear. In 3.1 and 3.2 (The Entrepreneurial Process) there are some areas that could benefit from careful revision. These sections (3.1 and 3.2) also lack substantial videos that could help the learner connect the ideas.

The book is consistent in terms of framework and terminology.

The text/transcripts/videos are easily divisible into sections. The creator did a nice job segmenting the material. The material is organized in a way that engages the reader visually. There are quizzes embedded in the material that do not cause disruption to the reader/viewer. The overall work is segmented into clearly defined and numbered sections. There is a particularly helpful activity throughout the text called: "Read/Watch/Listen – Reflect" where the learner has an opportunity to read articles, watch videos, listen to podcasts and then reflect (journal) their thoughts in a writing activity. The resources linked in this activity throughout the text are splendid!

The topics are presented in a logical, clear fashion . The final project is also clearly defined and well-presented.

Interface rating: 5

This material appears free of interface issues on a PC. There are no distortions of images or text.

Grammatical Errors rating: 4

Text/transcripts free of grammatical errors. There are, as previously referenced, a few writing errors that could be addressed in a revision.

I found no evidence of insensitive or offensive information in my review.

While I do not feel that this book would be enough material to support a quarter-long class, I do feel it has ample information in it to be a part of a class. The layout and delivery of the material is user-friendly. There are multiple modes of delivery used (video, written lecture, and transcript of videos) available to the learner. This text is one I will use to supplement the Entrepreneurship course I teach.

Table of Contents

  • 1. Defining Entrepreneurship
  • 2. The Role Entrepreneurs have in Today’s Society
  • 3. Different types of Entrepreneurship
  • 4. Entrepreneurial Traits, Skills and Abilities
  • 5. The Entrepreneurial Mindset
  • 6. Creativity and Innovation in Entrepreneurship
  • 7. Entrepreneurial Process
  • 8. Unit 4 Assignment Preparation
  • 9. Unit 4 Assignment Delivery: Entrepreneurial Plan
  • 10. Course Wrap up and Reflection

Ancillary Material

About the book.

Learn about entrepreneurship and what makes entrepreneurs successful, all while developing your entrepreneurial skills.

About the Contributors

Katherine Carpenter (Cochrane) has an MBA from the University of Victoria and has been a full-time Faculty Member with Kwantlen Polytechnic University since 2020. Katherine has over 12 years of experience teaching in-person and online and delivering advisory projects to various entrepreneurial organizations. In addition to entrepreneurship, her areas of expertise include student engagement, online learning, program development and renewal, and instructional design.

Katherine is currently a developer in the Open Education for a Better World mentoring program and is a 2021 OER Grant Recipient through the KPU Open Education Working Group. When she’s not instructing with KPU, Katherine also teaches at other public and PVI organizations across the country, and advocates for UDL, open education, online delivery, and continuously improving programs to meet the needs of those learners worldwide.

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MBAB 5P23: Entrepreneurship

  • Business Plans
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Sample Business Plans

Kinesiology and health care business plans, writing business plans, books on preparing business plans.

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The following sources contain sample business plans for different types of small businesses:

  • Bplans.com - sample plans

Examples from MBA Students & Business Plan Competitions:

  • Business Plan for Caregaroo (Kiana Mohseni, Simon Fraser University) MBA student project (Simon Fraser University)
  • Business Plan for Launching a Luxury Adventure Tour Operator Based in Canada Greg Hung and Nikolai Khlystov (Simon Fraser University MOT MBA, 2011)
  • University of Texas Austin, Venture Labs Investment Competition, Business Plans Contains executive summaries and selected full text business plans from competitions held at the University of Texas Austin from 1999 to 2016.

You can find additional examples by searching in Omni for  Subject contains Business Plans AND any field contains (kinesiology OR "health care") and limiting the results by Resource Type to Theses and Dissertations. These plans are available in the ProQuest Dissertations & Theses database . 

  • Long Beach Mobile Fitness, LLC: A Business Plan Prepared by Matthew Vico, Master of Science in Health Care Administration, California State University, Long Beach
  • Business Plan for a Physical Therapy Clinic in Rural Minnesota Prepared by Rick Borchardt, Master of Business Administration, The College of St. Scholastica
  • Business plans in physiotherapy:a practical guide for the non specialist Physical therapy reviews, 2011-06-01, Vol.16 (3), p.210-227 The sample business plan for Physio Kids (a hypothetical new paediatric physiotherapy clinic service) is presented in the Appendix
  • Using Business Plan Development as a Capstone Project for MPH Programs in Canada: Validation Through the Student Perspective Journal of Community Health, 2013, 38(5), 791-798. Describes elements of the business plan as applicable to public health practitioners.

The following sources provide guidance on writing business plans and may also include a sample plan or template.

  • Writing a Business Plan: An Example for a Small Premium Winery (Cornell University) (PDF) more info... close... An Extension Bulletin prepared by Mark E. Pisoni and Gerald B. White, Charles H. Dyson School of Applied Economics and Management at Cornell University.
  • Business Plan Guide (Government of Canada)
  • The business plan and executive summary (MaRS)
  • Write your business plan (U.S. Small Business Administration)
  • Planning for success: your guide to preparing a business and marketing plan

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Teaching Resources Library

Entrepreneurship Case Studies

entrepreneurship assignment for mba students

6 Favorite Business Simulations to Teach—and Why

Explore more.

  • Interactive Learning
  • Simulations
  • Student Engagement

FEATURED SIMULATIONS

Conscious Capitalism—Bikes , selected by Bindu Agrawal of Sri Sri University

Data Analytics Simulation: Strategic Decision Making , selected by Lilian Ajayi-Ore of NYU School of Professional Studies and Columbia University

IT Management Simulation: Cyber Attack! , selected by Imen Ameur of Hult International Business School

Leadership and Team Simulation: Everest V3 , selected by Anna A. Tavis of NYU School of Professional Studies

New Venture Simulation: The Food Truck Challenge , selected by Stuart Levy of George Washington University School of Business

Strategic Innovation Simulation: Back Bay Battery V3 , selected by Karin Kollenz-Quetard of EDHEC Business School

Enter business simulations, which place students at the center of various scenarios and allow them to make their own decisions about real business issues. As Anna A. Tavis, associate professor at NYU School of Professional Studies, puts it, simulations create “shortcuts to mastery.”

“A well-designed, rightly timed simulation can turn any class into an experience,” she says. “Instructors assume the roles of curators of those experiences, and learners turn into explorers and decision-makers.”

To learn more about what makes a simulation a truly transformational experience for students, we asked six educators who teach with simulations, including Tavis: What is your favorite simulation to teach and why?

Let’s get into the list of favorite simulation experiences and how they help shape our future leaders. These simulations span disciplines, from analytics and IT management to innovation, entrepreneurship, and leadership.

1. Conscious Capitalism—Bikes

Bindu Agrawal, professor of entrepreneurship, Sri Sri University in India

Bindu Agrawal

I believe value-based decision-making is the solution to current and future business challenges. And I find Conscious Capitalism—Bikes by Marketplace Simulations a wonderful pedagogy to teach it. Raj Sisodia’s Conscious Capitalism is a new way of thinking about business that goes considerably beyond the traditional focus of profit maximization: embodying service to all stakeholders while striving to make a positive impact on society. Simply telling students to be part of the solution will not serve the purpose. It’s easy to agree to be a conscious business leader in principle, but doing so in practice is very difficult.

This simulation gives students the opportunity to experience what conscious capitalism feels like in the day-to-day functioning of a business. Students investigate various business scenarios and outcomes with the help of a highly contextualized computer model. Then they make difficult decisions about how to allocate limited resources, considering competing priorities and a commitment to all the company’s stakeholders. They navigate complex scenarios, striving to strike the right balance between “doing well” through profit maximization and “doing good” through socially conscious business management. When they are in charge, students get to see and feel the pain—it is not enough to be a good person. It is more than that; it is to protect those that depend on you.

For example, which is the greater responsibility, protecting your workers and neighbors from harmful chemicals or creating more wealth for company owners? Which is better, to engage and involve your employees in decisions or to create more wealth? These are some of the dilemmas that students face in the simulation. Conscious capitalism demonstrates that both are achievable. Taking care of stakeholders creates a caring culture, which positively impacts employees, customers, suppliers, the community, and the bottom line.

One of my students, who comes from a family business background, was not convinced by the idea of spending more money for the community and employees at the cost of lesser return to the business owners. He was surprised to see that working as a conscious capitalist contributed to a better company reputation and an increase in market share, leading to more returns to the business owners, and his perception and mindset shifted. He shared his experiences with other students and, as a result, this discussion became the hot topic of debate in the students’ WhatsApp group. The emotional part of learning is where change occurs. I smiled seeing this transformation and felt satisfied having achieved my course learning outcomes.

2. Data Analytics Simulation: Strategic Decision Making

Lilian Ajayi-Ore, university faculty member, New York University School of Professional Studies and Columbia University

 Lilian Ajayi-Ore

Data Analytics Simulation is an effective way to assess how my students use and apply the lessons and analytical practices developed in class to business situations in a simulated environment. It is also a great opportunity for my students to build their confidence and apply their analytical and logical thinking skills to respond to a complex business problem.

My students really enjoy using this simulation in my classroom because it gives them an alternative way to test their analytical skills and to develop new skills using a learning technology tool. In the following video, I explain more about my use of simulations in my courses.

Hello everyone. My name is Dr. Lilian Ajayi-Ore, and I am a faculty member at Columbia and NYU. I use simulations in my graduate classes. I use it because of the immersive environment that it provides, and my students get excited about it. But there’s a couple of things that we must do as faculty before introducing the simulation into the course. So, a few things that I do with them just to get them ready and know that they will be apt when the simulation exercise comes is that I do a bunch of experiential project-based learning exercises with them, as well as our theory understanding, what principles, what frameworks to use, etc.

The simulation environment allows them to really test their skills. It gives them real-time experience, it gives them a little pressure, and it also allows them to compete with the rest of their classmates because I share the leaderboard. But, more importantly, it’s immersive in the sense that my students have the ability to sit in the position that they will potentially sit in in the future as a marketing manager or the decision-maker in an organization. And so that pressure really forces them to really use all of their skill set. And one of the things that I try to do beforehand is to prepare them so that they can focus on the decision-making and really collecting the right information.

So I’ve used the Customer Centricity simulation, as well as the Digital Analytics simulation . I like them very much for these reasons as well. And one of the things that I highly recommend or that I’ve used and really worked for me in terms of time management and managing my students, is that I introduce a simulation toward the middle of the semester. This way, I have a sufficient amount of time to really walk them through the reading materials, take questions from them, and then on the day of the simulation, I’m able to help them manage their time. So there’s less pressure and less focus on them trying to worry about whether or not they’re going to successfully finish a decision or a run.

I highly recommend it. It’s super engaging; it makes the students excited. It also gets them away from doing academic work to where they’re actually doing more of a practical experience. They’re getting to apply some of the learnings that they’ve gathered throughout the semester and even some task knowledge that they picked up, too, in making the decision about a company that will drive some kind of profit or revenue or some growth in the marketplace. I highly recommend it because of the interactiveness, the immersiveness, and the fact that it takes them out of the academic setting into a real-life work environment. And my students really enjoy it, and I offer it in my class every semester.

3. IT Management Simulation: Cyber Attack!

Imen Ameur, professor, Hult International Business School

Imen Ameur

I use Cyber Attack! in courses related to technology, such as management information systems, and more general courses about business environments when we’re discussing technological dimensions or emergent technologies. It’s a very interesting simulation that reveals how students react to stress and stress management.

The simulation highlights a dark side of technology—data leaks—and it empowers students, who are put in the role of chief technology officer, to make huge decisions for the organization. During the simulation, they must decide as the CTO, “What would you do? What are the recommendations? What press release would you send out after the data leak?” At the end, students compile three main statements.

I do engage in some prep before the simulation, making sure students are familiar with the concept of cybersecurity. Most students today are at least familiar with data leaks, but I often try to connect it to their lives by saying, “Imagine someone hacked your Instagram account.” My students literally freak out. Then I might say, “Now consider it’s a billion-dollar company that was hacked. Now you’re playing the role of the person who would be consulted on that issue.”

It’s single player, which students like because they get to compete with the computer. Because there really isn’t a team dynamic to this simulation, it works really well both online and in person. However, I do have the students, once they have played as a single player for 20-30 minutes, gather in teams and compare their three statements. They then come up with a group statement that they bring back to the full class for the debrief.

This way, we engage with the class in small groups and all together—and this works, again, fully online, hybrid, or in the classroom setting. This simulation could be easily played in one short, 80- to 90-minute session or in a longer, 120- to 180-minute session. The difference would be in the number of rounds, or runs, you have students go through the simulation.

4. Leadership and Team Simulation: Everest V3

Anna A. Tavis, professor, New York University School of Professional Studies

Anna A. Tavis

Being an enthusiastic adopter of simulations in my teaching, I maintain a portfolio of options and rely on a variety of simulations in the courses I teach. I am always on the lookout for new releases and scan publishers’ catalogs; I look for other instructors’ recommendations and talk to vendors regularly. I’d like to share what I have learned using the leadership and team simulation Everest in my organizational management class.

This simulation works in a variety of courses addressing leadership, teams, and organizations. It is versatile enough to work from undergraduate to executive education levels. I use it in my organizational management class. Here is why this simulation is so effective.

It tells a powerful story. Climbing Mt. Everest is an aspirational story of reaching for the summit of human achievement. There are multiple articles, videos, and films describing various expeditions, their successes, and their failures.

It’s based on scientific theories to be explored. The Mt. Everest climb is based on the theories of leadership and teams that include complexity theory, psychological safety, and the common information effect. My students learn the theories after they have experienced the issue. The light bulb goes off and the insight is immediate.

It’s a discovery, not a search for the “right” answer. The story line of Everest allows for multiple outcomes based on the collective decisions of the teams involved. In the many years that I have run this simulation, every team’s experience has been uniquely specific to the composition of the team and the decisions the team chooses to make.

It’s supported with abundant additional materials. These include videos for the students to set context as well as teaching notes and instructional videos for faculty. In addition to the regular set of teaching support, Everest offers videos of mountaineer James P. Clark, who provides additional technical details of the climb and shares his personal leadership story. The authenticity and immediacy of the actual participants always fascinates students.

It has support that includes play analytics, debrief slides, and dashboards. Everest provides extensive support materials. The instructor can follow all the decisions and plays that the students make. The debrief slides and dashboards illustrate the decision process and explain what steps have been taken, why, and which were successful.

It works equally well in the classroom and online. Everest works in both learning modalities. The in-person setting does work better, however, because teams can sit together, and some get deeply into the team spirit by wearing uniforms and by putting on climbing gear to fully dramatize their experience. Online, the experience becomes more analytical, with decision steps getting the most attention and players communicating via Slack, WhatsApp, or other communication platforms.

After we complete the simulation, I ask all students to write a reflection on their experience. Here is the most typical response I get: “This simulation did an excellent job of building on the team dynamics principles we learned in our previous class. It made me think of the ways in which we can reconcile individual goals with team goals, especially when we have competing interests. I can see how learning this critical skill will help me in my professional life while also advancing team objectives in the workplace.”

5. New Venture Simulation: The Food Truck Challenge

Stuart Levy, associate teaching professor, George Washington University School of Business

Stuart Levy

If forced to choose a “favorite”—given that I love incorporating simulations in my courses—I’d have to select New Venture Simulation: The Food Truck Challenge . The test-and-learn approach encouraged in the simulation leads to an “aha moment” for many of my students, who have been academically trained to conduct copious research before making decisions.

Food Truck Challenge offers opportunities to fully incorporate experiential learning, as I have students conduct the simulation twice: first individually, before our live session, then a second time (employing a different scenario) in small teams during class. This allows students to learn through trial and error while giving me the opportunity to incorporate reflection at multiple touchpoints.

My students are intimately familiar with the simulation context, given the abundance of food trucks that line our city streets in Washington D.C. It is also easy to connect the simulation with examples of entrepreneurship right at our doorstep. Each semester, for example, a young food truck entrepreneur joins our class and shares insight on how they have incorporated lean start-up principles into their business.

By providing relevant content, encouraging experiential learning, and incorporating an exciting and fun industry context, Food Truck Challenge delivers the goods.

6. Strategic Innovation Simulation: Back Bay Battery V3

Karin Kollenz-Quetard, professor, EDHEC Business School

Karin Kollenz-Quetard

My favorite simulation is the Back Bay Battery simulation. Why? Because it is so versatile.

In this video, I explain the four aspects I particularly like about it.

Hi, my name is Karin Kollenz, and I’m a professor of strategy and innovation at EDHEC Business School. My favorite simulation is the Back Bay Battery simulation. Why? Because it is so versatile. Here are the four aspects I particularly like about it.

You can use it as a central tool of a course or just to illustrate a selected concept. In my Managing Innovation course, I use it throughout half of the course. In addition to the central theme of the simulation, which is the innovator’s dilemma, I cover innovation adoption, aggregate project planning, portfolio management, price elasticity, and, very often, KPIs for innovation management. In my executive courses, I use a session of maximum three hours for it and I really focus on the innovator’s dilemma. Maybe we discuss one or two other concepts if they are brought up by the students during the debrief discussion.

You can teach with this simulation using a deductive or an inductive method. Personally, I am a big fan of inductive teaching. The great thing about the Back Bay Battery simulation is that there are several scenarios with different levels of difficulty. So, it is possible to combine both inductive and deductive methods. I let students play first, then develop the theory based on their insights and then let them play again, very often a more difficult scenario, and apply the theory. And the good news is that they actually get better playing when they know the theory.

The third aspect that is nice about Back Bay Battery is that it can be played individually or in teams. My approach here is to let students start playing individually first and then let them choose whether they want to continue playing in teams or individually.

And the last point—it works really well online. I use it in face-to-face, blended, and fully online settings. My preference is the blended version, where students play self-paced online (so asynchronously) at the beginning, and we debrief the simulation and make the link to the theories in class. Of course, this also works in online live classes. The only must in my eyes is that the debriefing should happen in a synchronous setting. Why? Because it produces extremely rich class discussions.

SHARE WITH US Do you have a favorite simulation to teach your students? We would love to hear about it!

Visit our simulations homepage to discover more trending simulations, search by discipline, and find additional resources to help you teach with simulations.

Bindu Agrawal is professor of entrepreneurship at Sri Sri University in India. She has been contributing to building a strong entrepreneurial ecosystem as both a Mentor for Change and an Innovation Ambassador, which are initiatives of the Government of India for promoting entrepreneurship. Passion for entrepreneurship and social causes keeps her motivated to adopt innovative pedagogies for teaching, mentoring, and training programs. She has mentored over 50 startups and students of incubation centers at higher education institutions. She has been using business simulations to teach students and train entrepreneurs for the last eight years.

Lilian Ajayi-Ore is a faculty member at Columbia University and New York University School of Professional Studies. She teaches digital marketing, interactive marketing, and data analytics. She is also a digital marketing strategist and big data analytics executive with over 16 years of industry expertise helping brands and organizations identify key market trends and implement marketing strategies.

Imen Ameur is professor of practice innovation and management at Hult International Business School. She is a global business leader, entrepreneur, and digital transformation expert with extensive international experience. Ameur is committed to entrepreneurship and experiential learning. She teaches at the innovative EY Accelerator focusing on digital business trends and leading with purpose. Ameur is also leading the development of the HULT incubator in Boston.

Karin Kollenz-Quetard is professor of strategy and innovation at EDHEC Business School, and she also intervenes in customized programs at other business schools such as London Business School (UK) and HEC (France). She develops and delivers face-to-face and online executive-management development programs and keynotes with a focus on strategy and innovation. In December 2016, Karin was named one of the world’s leading business school professors by Financial Times .

Stuart Levy is an associate teaching professor of management at the George Washington University School of Business. His teaching, consulting, and research expertise involves experiential learning and skill building in leadership, management, and entrepreneurship. He serves on the GWSB Teaching Excellence Task Force and is a faculty advisor for Harvard Business Publishing, specializing in simulations and Harvard ManageMentor modules.

Anna A. Tavis is a professor and academic director of the Human Capital Management Department at NYU School of Professional Studies, senior fellow with the Conference Board, and the academic in residence with Executive Networks. She was named for inclusion in Thinkers50 Radar for 2020.

Related Articles

entrepreneurship assignment for mba students

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entrepreneurship assignment for mba students

entrepreneurship assignment for mba students

Teaching Online Pedagogical Repository

Using a Business Proposal to Develop Students’ Problem-Solving Skills and Entrepreneurship

Tags: Assessment , Business Proposal , Creativity , Entrepreneurship , instructional strategy , Peer-Reviewed Entry

entrepreneurship assignment for mba students

Description

The current technology-infused and globalized job market is putting pressure on students to apply knowledge and use it to solve complex problems (Pham & Sampson, 2022). As a result, instructors in higher education often encounter difficulty in designing and guiding learning experiences that are relevant and like what students could face in their jobs (Talbert & Bergmann, 2017). To address that gap, many instructors apply experiential learning activities to not only provide relevant and authentic learning experiences but also to promote the development of high-order skills (e.g., problem-solving, entrepreneurship).

A business proposal/plan is a written document that details how a potential business wants to achieve its goal (Joseph et al., 2021). Business plan projects are widely used in business education (Malach, & Malach, 2014) as they are seen as useful to facilitate knowledge transfer and help prepare students to pitch their brand to potential investors. Business proposals have also been used in online courses that include technology as a core dimension of knowledge and can improve students’ collaboration, communication, creativity, and planning skills (Yoke & Ngang, 2017).

Link to example artifact(s)

We illustrate how to leverage a business proposal assignment to enhance students’ problem solving and entrepreneurship based on our experience with the online course HMG6449 (Smart Travel and Tourism) taught at University of Central Florida. We explain the purpose and steps of the assignment. We also provide artifacts and share the outcomes of the assignment after its implementation in Fall 2022.

Description of the Assignment

Explain to students why the business proposal is relevant for their future careers. Highlight that the business proposal will allow them to articulate their long-term goals by creating an original and potentially feasible business opportunity based on their skills and interests. Include a list of knowledge, skills, and abilities relevant to the specific industry sector. Ideally, you would want to encourage group work since it is probed to lead to more creative and innovative products. However, some students might prefer to work individually to have more flexibility and control over the project (especially in online/mixed-mode courses). Briefly summarize the different steps of the assignment and present its goal (see Figure 1).

entrepreneurship assignment for mba students

Fig. 1. Business Proposal Assignment

Location of the Assignment

In the HMG6449 course, the business proposal project was presented in a separate module on top of the module pages (See Figure 1) which allowed students to quickly see the deadlines for each step of the project and quickly navigate to the directions and rubrics. In addition, the instructor provided reminders within the content modules of which deliverables were due for the week. It is important to note that the reminders were included in the modules as webpages, which turn, directed students to the specific assignments available in the business project module. This strategy was taken based on students’ feedback provided in prior course sections highlighting that a specific module for the project would facilitate access to the project’s resources, directions, rubrics, and submission pages.

Team Formation and Brainstorming

Discuss with students their initial ideas since some propounded solutions might not be feasible, could be unrealistic, or could simply lack common sense. To maximize the impact of the proposed businesses, you can ask your students to come up with a team/company name and submit a one-page abstract summarizing your initial business idea. You can clarify that their initial business idea can evolve, so it does not happen to be perfect at first. The abstract is intended to show how each team/student is making progress. The crucial aspect of this stage is providing personalized feedback.

Revision/feedback on Initial Business Idea

Here is an example of how written feedback was provided to an initial idea developed by students to create a gamified app for travelers:

Thank you for sharing your initial idea. Research suggests that travelers’ sustainability awareness is generally increasing among the younger generation of consumers. Uses cases show that T&H businesses are increasingly using gamification strategies (apps with points, rewards, leaderboards) to promote customers’ engagement and brand awareness. Combining both ideas to promote sustainability behaviors and consumer engagement sounds promising. Please keep developing your idea and be more specific about the product/service that you will offer. At this point, it is not clear to me if you are thinking about developing a technological service (e.g., H&T businesses under a B2B model) or a social tool under a B2C model for consumers. You can start conducting some Internet searches to get some inspiration by seeing similar solutions (e.g., scavify) and identifying the gaps. Great work on your initial business idea!

Ask students to conduct consumer discovery through rounds of user interviews

User interviews are intended to explore users’ current journeys in a service, identify unknown needs, and provide insights to inform the design of students’ technological products or services. Recommendations for implementing include:

  • Require students to complete one or two rounds of interviews. Each team member can interview 2 potential users of the propounded product/service to understand the user’s needs and to surface unknown needs and insights, not to get reactions from the work or ideas.
  • Provide your students with an interview template to exemplify how the interview report should be organized.
  • Provide a few complementary resources (e.g., videos) related to creating a journey map , and how to ask a question: get better answers as supplementary materials for students to dive deeper into the interview process.

Ask students to prepare a pitch deck

After potential users’ interviews, ask each team to record a mid-term project pitch talk. Each team is asked to create an up to 5-minute 8-slide presentation video of a mock business proposal accompanied by audio explanations and upload it to the online course. Invite external audiences (e.g., venture capitalists from local investment firms, and industry experts) to provide feedback on the team presentations. Provide examples of successful startups pitch decks. Provide a rubric to guide students’ performance.

Solicit students to submit a business proposal draft

The last stage consists in submitting the final business proposal. Students can be provided with an outline to summarize their business planning decisions. Students can also be encouraged to title each section of their written plan as indicated in the outline and write using their own words answers to the questions listed. A rubric is fundamental to guide the writing of the business proposal.

We found useful reminding students that they do not have to win a Pulitzer Prize but focus on selling their ideas in a compelling way. You can also provide a few examples and nonexamples of prior students’ submissions to help them visualize the required performance in the assignment.

Outcomes of the Learning Experience

Our experience implementing the business proposal assignment was positive. Students developed their ideas, creativity, and research skills to create amazing ideas on new products, services, and technologies with potential to be founded and marketed in the tourism and hospitality industry. Designed products and services included:

  • Gaming app based on AR technology that can be downloaded into mobile or another digital gadget to explore destinations.
  • Mobile app that makes the travel planning experiences fun and accessible.
  • Autonomous and AI-enabled trams/carts that can be rolled out to airports.
  • Robotic assistant that provides guests with easy access to both room supplies and room service throughout their stay.
  • Full-service virtual check-in kiosk applications.
  • AI-based systems to streamline the process of handling food allergies and dietary restrictions.
  • Smart luggage tags that utilize biometric sciences to track and locate the items.

entrepreneurship assignment for mba students

Students’ perceptions

Students’ reflective essays indicated they the business proposal assignment was effective for the development of soft skills: teamwork, interviewing skills, entrepreneurship, creativity, communication, leadership, and collaboration, and team commitment. Students also mentioned that the business proposal assignment was relevant for their future professional life, facilitate transfer of class knowledge to real-life practice and social impact, and provided meaningful student-student and student-instructor interactions. Some students identified a few challenges, including difficulty in matching group members’ schedules and differential contributions of group members.

Online instructors could leverage business proposal assignments to develop students’ soft skills, facilitate transfer classroom knowledge to industry, and to enhance students’ entrepreneurship/creativity. By including formative feedback and well-designed rubrics to guide students’ efforts, business proposal assignments can help learners to exercise creativity, innovation, entrepreneurship, and potentially find investments in the future to growth their companies and follow their professional dreams.

Link to scholarly references

Joseph, C., Hossen, R., Rahmat, M., Noyem, J. A., & Ho, V. B. (2021). Exploring the readiness for business proposal pitching video activity using the competition-based Learning Model among Accounting Students.  International Business Education Journal ,  14 (2), 13-24.

Malach, S. E., & Malach, R. L. (2014). Start Your own business assignment in the context of experiential entrepreneurship education.  Journal of Higher Education Outreach and Engagement ,  18 (1), 169-186.

Pham, S. T., & Sampson, P. M. (2022). The development of artificial intelligence in education: A review in context.  Journal of Computer Assisted Learning ,  38 (5), 1408-1421.

Talbert, R., & Bergmann, J. (2017).  Flipped learning: A guide for higher education faculty . Routledge.

Yoke, T. C., & Ngang, T. K. (2017). A study on soft skill development among final year diploma in business studies students.  MOJEM: Malaysian Online Journal of Educational Management ,  3 (2), 32-50.

Post Revisions:

  • October 24, 2023 @ 15:34:46 [Current Revision]
  • October 24, 2023 @ 15:34:16
  • October 24, 2023 @ 15:31:55

https://www.assignmentclassmates.com

Entrepreneurship Assignment Topics for MBA Students

Entrepreneurship-related studies are nowadays very trendy in search of finding new job opportunities. In the entire world, due to the economical encroachment, there is the importance of finding new start-ups where entrepreneurship is the only way. To learn the study of entrepreneurship, students need to solve different kinds of assignments for their institutional semesters. In this situation, students feel the scarcity of topics as they need a lot of experience and knowledge to find out topics of entrepreneurship topics. Without online assignment help services, such an entrepreneurship assignment can be a mess. To avoid such a mess there are some ideas which are presented below.

Entrepreneurship Assignment Topics

For entrepreneurship-related dissertation assignments , there are some topics. These are selected because it provides a large place of research to students.

  • What can be the best new sector to create huge job opportunities?
  • Which are the barriers in the national as well as international trade market?
  • How to overcome the issues of employment across the world?
  • How can entrepreneurship make the difference between the employed and unemployed peoples?
  • Are there resource issues for entrepreneurship and employment creation in this present world?
  • How can entrepreneurship change the unemployment issues?
  • How can be entrepreneurship aligned with technology?

Entrepreneurship assignment topics are mostly now directing towards the new job opportunity creation.

Entrepreneurship assignment ideas:

If students are wandering towards their world, it is easy to find out different kinds of topics related to entrepreneurship. Entrepreneurship assignment ideas come from finding out investors to finance the project, repulsing the settled companies to new business persons, and finding out the hindrances of successful entrepreneurship establishment. Another highly catchy entrepreneurship assignment ideas come from finding out different kinds of hindrances for entrepreneurship and developing the workforce from converting inefficient workforce into effective human resources.

Entrepreneur report assignments:

In MBA, students need to submit some reports related to entrepreneurship assignments with a huge word count. For examples of the entrepreneurship report topics, there is the acquisition-related activities in Nigeria, strategic management for the small-scale businesses, how small-scale businesses or entrepreneurs can change the scenario of unemployment issues, raw material collection, or sourcing for the small scall business continuation.

In the entrepreneurial processes, there are four stages as researching on the market financing risk-taking, development of the project, and management of the project. Initially, students should learn the process that the entrepreneurship process starts with the risk-taking, assessments, and management process within a business. Here, the entrepreneurship system needs vast knowledge about risk management and development with the changing economic condition of the world. Entrepreneurship assignment ideas come from the business development process as well as market research. Entrepreneurship assignment help services are very rare due to a lack of confident entrepreneurship-related subject matter experts.

How to find out Entrepreneurship assignment ideas:

  • If you are a good researcher, then you can find it out from the changing world.
  • If you follow your daily classes on Entrepreneurship then professors will provide you a clear outline.
  • If you are not confident about the steps, then the most crucial thing is to take entrepreneurship assignment help services. Here in social media, you can meet with many companies where assignmentclassmates.com is the best with their services, terms, and conditions. For quality, timely deliverance, anti-plagiarism reports, and proper customer care assurances are always available in this management assignment help system. According to market research for achieving better marks students need online assignment help services with their entrepreneurship assignment.

If you are thinking about your Entrepreneurship assignment ideas, topics, reports, or other things, feel free to contact assignmentclassmates.com and achieve the HD grade in the final semester.

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Research Topics & Ideas: Business

50+ Management Research Topic Ideas To Fast-Track Your Project

Business/management/MBA research topics

Finding and choosing a strong research topic is the critical first step when it comes to crafting a high-quality dissertation, thesis or research project. If you’ve landed on this post, chances are you’re looking for a business/management-related research topic , but aren’t sure where to start. Here, we’ll explore a variety of  research ideas and topic thought-starters for management-related research degrees (MBAs/DBAs, etc.). These research topics span management strategy, HR, finance, operations, international business and leadership.

NB – This is just the start…

The topic ideation and evaluation process has multiple steps . In this post, we’ll kickstart the process by sharing some research topic ideas within the management domain. This is the starting point, but to develop a well-defined research topic, you’ll need to identify a clear and convincing research gap , along with a well-justified plan of action to fill that gap.

If you’re new to the oftentimes perplexing world of research, or if this is your first time undertaking a formal academic research project, be sure to check out our free dissertation mini-course. In it, we cover the process of writing a dissertation or thesis from start to end. Be sure to also sign up for our free webinar that explores how to find a high-quality research topic. 

Overview: Business Research Topics

  • Business /management strategy
  • Human resources (HR) and industrial psychology
  • Finance and accounting
  • Operations management
  • International business
  • Actual business dissertations & theses

Strategy-Related Research Topics

  • An analysis of the impact of digital transformation on business strategy in consulting firms
  • The role of innovation in transportation practices for creating a competitive advantage within the agricultural sector
  • Exploring the effect of globalisation on strategic decision-making practices for multinational Fashion brands.
  • An evaluation of corporate social responsibility in shaping business strategy, a case study of power utilities in Nigeria
  • Analysing the relationship between corporate culture and business strategy in the new digital era, exploring the role of remote working.
  • Assessing the impact of sustainability practices on business strategy and performance in the motor vehicle manufacturing industry
  • An analysis of the effect of social media on strategic partnerships and alliances development in the insurance industry
  • Exploring the role of data-driven decision-making in business strategy developments following supply-chain disruptions in the agricultural sector
  • Developing a conceptual framework for assessing the influence of market orientation on business strategy and performance in the video game publishing industry
  • A review of strategic cost management best practices in the healthcare sector of Indonesia
  • Identification of key strategic considerations required for the effective implementation of Industry 4.0 to develop a circular economy
  • Reviewing how Globalisation has affected business model innovation strategies in the education sector
  • A comparison of merger and acquisition strategies’ effects on novel product development in the Pharmaceutical industry
  • An analysis of market strategy performance during recessions, a retrospective review of the luxury goods market in the US
  • Comparing the performance of digital stakeholder engagement strategies and their contribution towards meeting SDGs in the mining sector

Research topic idea mega list

Topics & Ideas: Human Resources (HR)

  • Exploring the impact of digital employee engagement practices on organizational performance in SMEs
  • The role of diversity and inclusion in the workplace
  • An evaluation of remote employee training and development programs efficacy in the e-commerce sector
  • Comparing the effect of flexible work arrangements on employee satisfaction and productivity across generational divides
  • Assessing the relationship between gender-focused employee empowerment programs and job satisfaction in the UAE
  • A review of the impact of technology and digitisation on human resource management practices in the construction industry
  • An analysis of the role of human resource management in talent acquisition and retention in response to globalisation and crisis, a case study of the South African power utility
  • The influence of leadership style on remote working employee motivation and performance in the education sector.
  • A comparison of performance appraisal systems for managing employee performance in the luxury retail fashion industry
  • An examination of the relationship between work-life balance and job satisfaction in blue-collar workplaces, A systematic review
  • Exploring HR personnel’s experiences managing digital workplace bullying in multinational corporations
  • Assessing the success of HR team integration following merger and acquisition on employee engagement and performance
  • Exploring HR green practices and their effects on retention of millennial talent in the fintech industry
  • Assessing the impact of human resources analytics in successfully navigating digital transformation within the healthcare sector
  • Exploring the role of HR staff in the development and maintenance of ethical business practices in fintech SMEs
  • An analysis of employee perceptions of current HRM practices in a fully remote IT workspace

Research topic evaluator

Topics & Ideas: Finance & Accounting

  • An analysis of the effect of employee financial literacy on decision-making in manufacturing start-ups in Ghana
  • Assessing the impact of corporate green innovation on financial performance in listed companies in Estonia
  • Assessing the effect of corporate governance on financial performance in the mining industry in Papua New Guinea
  • An evaluation of financial risk management practices in the construction industry of Saudi Arabia
  • Exploring the role of leadership financial literacy in the transition from start-up to scale-up in the retail e-commerce industry.
  • A review of influential macroeconomic factors on the adoption of cryptocurrencies as legal tender
  • An examination of the use of financial derivatives in risk management
  • Exploring the impact of the cryptocurrency disruption on stock trading practices in the EU
  • An analysis of the relationship between corporate social responsibility and financial performance in academic publishing houses
  • A comparison of financial ratios performance in evaluating E-commerce startups in South Korea.
  • An evaluation of the role of government policies in facilitating manufacturing companies’ successful transitioning from start-up to scale-ups in Denmark
  • Assessing the financial value associated with industry 4.0 transitions in the Indian pharmaceutical industry
  • Exploring the role of effective e-leadership on financial performance in the Nigerian fintech industry
  • A review of digital disruptions in CRM practices and their associated financial impact on listed companies during the Covid-19 pandemic
  • Exploring the importance of Sharia-based business practices on SME financial performance in multicultural countries

Free Webinar: How To Find A Dissertation Research Topic

Ideas: Operations Management

  • An assessment of the impact of blockchain technology on operations management practices in the transport industry of Estonia
  • An evaluation of supply chain disruption management strategies and their impact on business performance in Lithuania
  • Exploring the role of lean manufacturing in the automotive industry of Malaysia and its effects on improving operational efficiency
  • A critical review of optimal operations management strategies in luxury goods manufacturing for ensuring supply chain resilience
  • Exploring the role of globalization on Supply chain diversification, a pre/post analysis of the COVID-19 pandemic
  • An analysis of the relationship between quality management and customer satisfaction in subscription-based business models
  • Assessing the cost of sustainable sourcing practices on operations management and supply chain resilience in the Cocao industry.
  • An examination of the adoption of behavioural predictive analytics in operations management practices, a case study of the
  • Italian automotive industry
  • Exploring the effect of operational complexity on business performance following digital transformation
  • An evaluation of barriers to the implementation of agile methods in project management within governmental institutions
  • Assessing how the relationship between operational processes and business strategy change as companies transition from start-ups to scale-ups
  • Exploring the relationship between operational management and innovative business models, lessons from the fintech industry
  • A review of best practices for operations management facilitating the transition towards a circular economy in the fast food industry
  • Exploring the viability of lean manufacturing practices in Vietnam’s plastics industry
  • Assessing engagement in cybersecurity considerations associated with operations management practices in industry 4.0 manufacturing

Research Topic Kickstarter - Need Help Finding A Research Topic?

Topics & Ideas: International Business

  • The impact of cultural differences in communication on international business relationships
  • An evaluation of the role of government import and export policies in shaping international business practices
  • The effect of global shipping conditions on international business strategies
  • An analysis of the challenges of managing multinational corporations: branch management
  • The influence of social media marketing on international business operations
  • The role of international trade agreements on business activities in developing countries
  • An examination of the impact of currency fluctuations on international business and cost competitiveness
  • The relationship between international business and sustainable development: perspectives and benefits
  • An evaluation of the challenges and opportunities of doing business in emerging markets such as the renewable energy industry
  • An analysis of the role of internationalisation via strategic alliances in international business
  • The impact of cross-cultural management on international business performance
  • The effect of political instability on international business operations: A case study of Russia
  • An analysis of the role of intellectual property rights in an international technology company’s business strategies
  • The relationship between corporate social responsibility and international business strategy: a comparative study of different industries
  • The impact of technology on international business in the fashion industry

Topics & Ideas: Leadership

  • A comparative study of the impact of different leadership styles on organizational performance
  • An evaluation of transformational leadership in today’s non-profit organizations
  • The role of emotional intelligence in effective leadership and productivity
  • An analysis of the relationship between leadership style and employee motivation
  • The influence of diversity and inclusion on leadership practices in South Africa
  • The impact of Artificial Intelligence technology on leadership in the digital age
  • An examination of the challenges of leadership in a rapidly changing business environment: examples from the finance industry
  • The relationship between leadership and corporate culture and job satisfaction
  • An evaluation of the role of transformational leadership in strategic decision-making
  • The use of leadership development programs in enhancing leadership effectiveness in multinational organisations
  • The impact of ethical leadership on organizational trust and reputation: an empirical study
  • An analysis of the relationship between various leadership styles and employee well-being in healthcare organizations
  • The role of leadership in promoting good work-life balance and job satisfaction in the age of remote work
  • The influence of leadership on knowledge sharing and innovation in the technology industry
  • An investigation of the impact of cultural intelligence on cross-cultural leadership effectiveness in global organizations

Business/Management Dissertation & Theses

While the ideas we’ve presented above are a decent starting point for finding a business-related research topic, they are fairly generic and non-specific. So, it helps to look at actual dissertations and theses to see how this all comes together.

Below, we’ve included a selection of research projects from various management-related degree programs (e.g., MBAs, DBAs, etc.) to help refine your thinking. These are actual dissertations and theses, written as part of Master’s and PhD-level programs, so they can provide some useful insight as to what a research topic looks like in practice.

  • Sustaining Microbreweries Beyond 5 Years (Yanez, 2022)
  • Perceived Stakeholder and Stockholder Views: A Comparison Among Accounting Students, Non-Accounting Business Students And Non-Business Students (Shajan, 2020)
  • Attitudes Toward Corporate Social Responsibility and the New Ecological Paradigm among Business Students in Southern California (Barullas, 2020)
  • Entrepreneurial opportunity alertness in small business: a narrative research study exploring established small business founders’ experience with opportunity alertness in an evolving economic landscape in the Southeastern United States (Hughes, 2019)
  • Work-Integrated Learning in Closing Skills Gap in Public Procurement: A Qualitative Phenomenological Study (Culver, 2021)
  • Analyzing the Drivers and Barriers to Green Business Practices for Small and Medium Enterprises in Ohio (Purwandani, 2020)
  • The Role of Executive Business Travel in a Virtual World (Gale, 2022)
  • Outsourcing Security and International Corporate Responsibility: A Critical Analysis of Private Military Companies (PMCs) and Human Rights Violations (Hawkins, 2022)
  • Lean-excellence business management for small and medium-sized manufacturing companies in Kurdistan region of Iraq (Mohammad, 2021)
  • Science Data Sharing: Applying a Disruptive Technology Platform Business Model (Edwards, 2022)
  • Impact of Hurricanes on Small Construction Business and Their Recovery (Sahu, 2022)

Looking at these titles, you can probably pick up that the research topics here are quite specific and narrowly-focused , compared to the generic ones presented earlier. This is an important thing to keep in mind as you develop your own research topic. That is to say, to create a top-notch research topic, you must be precise and target a specific context with specific variables of interest . In other words, you need to identify a clear, well-justified research gap.

Fast-Track Your Topic Ideation

If you’d like hands-on help to speed up your topic ideation process and ensure that you develop a rock-solid research topic, check our our Topic Kickstarter service below.

You Might Also Like:

Topic Kickstarter: Research topics in education

Great help. thanks

solomon

Hi, Your work is very educative, it has widened my knowledge. Thank you so much.

Benny

Thank you so much for helping me understand how to craft a research topic. I’m pursuing a PGDE. Thank you

SHADRACK OBENG YEBOAH

Effect of Leadership, computerized accounting systems, risk management and monitoring on the quality of financial Reports among listed banks

Denford Chimboza

May you assist on a possible PhD topic on analyzing economic behaviours within environmental, climate and energy domains, from a gender perspective. I seek to further investigate if/to which extent policies in these domains can be deemed economically unfair from a gender perspective, and whether the effectiveness of the policies can be increased while striving for inequalities not being perpetuated.

Negessa Abdisa

healthy work environment and employee diversity, technological innovations and their role in management practices, cultural difference affecting advertising, honesty as a company policy, an analysis of the relationships between quality management and customer satisfaction in subscription based business model,business corruption cases. That I was selected from the above topics.

Ngam Leke

Research topic accounting

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entrepreneurship assignment for mba students

Best Entrepreneurship Activities for Your Classes

Deanna Ritchie

Deanna Ritchie

  • Managing Editor and Author at Due
  • Updated on March 26th, 2024

entrepreneurship assignment for mba students

As educators, we can cultivate an entrepreneurial mindset in our students. By incorporating these 29 easy entrepreneurship activities into our classes, we can inspire creativity, foster problem-solving skills, and prepare students for success in any career they choose.

Whether it’s through hands-on exercises, podcasts, videos, or structured programs, these activities will engage students and ignite their entrepreneurial spirit. I handpicked many of these.

See also: 20 Small Business Ideas to Start in High School

Table of Contents

1. Inventing and pitching card game ( our favorite )

products entrepreneurship card card game

Get ready to ignite your students’ imaginations and spark their entrepreneurial spirits with this entrepreneurial card game. Products is a hands-on and engaging way to teach your students about the basics of entrepreneurship.

Skypig, the brains behind this engaging game, cleverly integrates entrepreneurship into their gameplay. Using product and feature cards, players are encouraged to develop unique, marketable products while assuming budding entrepreneurs’ roles. The game’s core values emphasize the importance of creativity and originality , allowing players to have a great time while testing their ingenuity.

I find this immersive experience to be a fantastic resource for teaching various skills, such as public speaking and creative thinking, and fostering an entrepreneurial mindset. Skypig offers not only an original edition of the game but also a teacher’s edition, complete with a comprehensive 30-page lesson plan, making it an invaluable tool for educators like myself who seek to instill these skills in our students in a relaxed and enjoyable manner.

2. The currency quest

envelope challenge

I’ve found that the currency quest is a simple yet effective activity that encourages students to think creatively and develop problem-solving skills. I provide each student or group with an envelope containing a small amount of fake money, and they devise a plan to increase their investment within a specific time frame.

What I love about this activity is that it enhances collaboration and critical thinking and demonstrates to students how easy it can be to generate income. It’s a hands-on way to teach valuable lessons about financial literacy and entrepreneurship.

3. Picture the problem

I firmly believe that entrepreneurs are problem solvers, and I emphasize the importance of clearly defining problems as a crucial skill for success in entrepreneurship. To engage my students in this concept, I show them pictures that depict various issues and ask them to identify and define the problems they see.

I always encourage my students to think deeply about the information they need to better understand the situation. By focusing on clearly defining the problem before attempting to solve it, my students develop critical thinking abilities and learn to approach challenges strategically. This practice lays a strong foundation for their future endeavors in entrepreneurship.

4. Innovate It!

I’ve introduced an exciting activity called “Innovate It!” which challenges students to think creatively and develop innovative solutions to real-world problems. I divide the students into groups and assign each group a unique challenge, such as designing a new way to drink on the go or a revolutionary method of communication.

I provide them with a bag of everyday materials, including rubber bands, pipe cleaners, and foil, and ask them to design a product that meets the challenge parameters. This activity not only encourages students to think outside the box but also fosters creativity and problem-solving skills as they collaborate and prototype their ideas.

See Also: Are You Raising Money-Smart Entrepreneurial Children?

5. Discuss the podcast

Entrepreneurial podcasts are valuable resources for sparking conversations about entrepreneurship in the entrepreneurship classroom. They provide insights into the entrepreneurial journey and offer real-life examples of entrepreneurs’ challenges and successes.

Assign students to listen to an episode of the podcast and facilitate an entrepreneurship class discussion on the key takeaways and lessons learned. This activity will allow students to gain a deeper understanding of entrepreneurship and encourage them to think critically about the concepts discussed in the podcast.

6. Create value with your words

Articulating a clear and concise value proposition is essential for any entrepreneur. In this activity, I introduce students to a value proposition and provide them with a brief faux business or product idea. I ask the students to express the value proposition for the given idea concisely.

This exercise challenges us to distill the essence of a business or product and develop practical communication skills. It’s an excellent way for students like myself to understand the importance of clearly communicating our business or product’s unique value to potential customers.

7. Brainstorming 180 degrees

problem solving

Reverse brainstorming is an excellent activity for developing problem-solving and creative thinking skills. Start by presenting a problem to the students, such as studying in a noisy library. Instead of brainstorming solutions, ask the students to brainstorm ways to improve the situation .

For each idea they come up with, challenge them to find a solution to the worsened situation. This activity encourages students to think critically and consider alternative perspectives, which are essential skills for entrepreneurship.

8. Entrepreneurship videos

Take advantage of the abundance of free, short online videos that discuss various aspects of entrepreneurship. Use these videos as a tool to introduce students to the topic of entrepreneurship or assign them as homework. Some recommended videos include “What is an Entrepreneur?” and “The Best Advice for Entrepreneurs.” These videos provide valuable insights and inspire students to think about entrepreneurship in new ways.

9. Develop an entrepreneurial mindset 

blank cards

Entrepreneurial mindset cards are a valuable resource for developing entrepreneurship skills in students. These cards provide definitions and prompts related to entrepreneurial thinking. Distribute the cards to students and have them take turns reading the mindset definitions and answering the associated questions. This activity helps students develop a growth mindset and encourages them to think critically about entrepreneurship.

10. Pitch challenge toolkit

The Pitch Challenge Toolkit is a comprehensive resource for teaching entrepreneurship skills. This free toolkit consists of five lessons that cover various aspects of entrepreneurship, including creativity, problem-solving, critical thinking, and presentation skills. The toolkit provides step-by-step instructions and activities for guiding students through the process of developing and delivering a pitch. Using this toolkit, you can help students develop essential skills for success in entrepreneurship.

11. Free entrepreneurship lessons

Take advantage of free entrepreneurship lessons from reputable organizations such as VentureWell. These lessons cover a wide range of entrepreneurship-related topics and provide hands-on activities that engage students and teach them about the entrepreneurial mindset. Incorporate these lessons into your curriculum to give students a comprehensive understanding of what it takes to be an entrepreneur.

12. Contemporary entrepreneurship program

If you are looking for a ready-to-use entrepreneurship program, consider the Contemporary Entrepreneurship Program. This program is designed to engage students in a two-to-three-week unit focused on entrepreneurship. It covers topics such as generating business ideas , conducting market research, considering legal and financial issues, and writing a business plan. By implementing this program, you can give students a comprehensive understanding of the entrepreneurial process.

13. Start a business as an adventure

One engaging activity that introduces me and my fellow students to entrepreneurship is our “choose your own adventure” style series. In this activity, we follow the journey of a character named Jay as he starts his own business. It’s an interactive and immersive way for us to learn about the challenges and decisions involved in entrepreneurship as we navigate Jay’s path and make decisions alongside him.

Students make decisions for Jay and experience the real-world challenges and opportunities of business building . The series includes interactive videos that teach entrepreneurship, financial concepts, and economic ideas. This activity not only enhances students’ understanding of business but also encourages critical thinking and decision-making skills.

14. Read and interpret business jargon

Integrating literature with entrepreneurial concepts is another effective way to engage students in entrepreneurship education. For instance, students can read a book like “Sweet Potato Pie” and apply business terminology such as profit, loan, and division of labor to interpret the text. After reading, students can discuss the book and reflect on what it takes to own and run a successful business. This activity not only strengthens students’ reading comprehension skills but also introduces them to the vocabulary and concepts commonly used in industry.

Here is a list of great entrepreneurship blogs to check out .

15. Host interviews together

job interview

Conducting mock job interviews is a valuable activity that’s really helped me and my classmates develop job-related skills while nurturing our entrepreneurial mindset. Our teacher sets up mock interviews tailored to our desired career paths, making it feel more relevant and engaging.

We get the chance to practice our interviewing skills with a partner in the classroom, but it becomes even more effective when an adult steps in to play the role of the interviewer. This activity has really boosted my communication skills, professionalism, and confidence – all qualities that I know will be crucial as I pursue entrepreneurship in the future.

16. Get local entrepreneurs to speak in the classroom

Instead of simply teaching about business leaders and entrepreneurs, why not invite local entrepreneurs to share their experiences directly with students? This activity allows students to interact with real entrepreneurs and ask them questions. By preparing questions for the business leaders, students develop critical thinking and interpersonal skills . Additionally, this activity exposes students to different entrepreneurial journeys and helps them understand the practical aspects of starting and running a business .

17. Self-SWOT analysis

A SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis is a common tool used in business to assess the internal and external factors that affect an organization. In this activity, students apply the SWOT model to analyze themselves and their future goals. By identifying their strengths, weaknesses, opportunities, and threats, students gain valuable insights into their entrepreneurial skills and areas for growth. This activity encourages self-reflection and helps students align their goals with their strengths and opportunities.

18. Researching star entrepreneurs

star entrepreneurs

Researching a star entrepreneur of their choice is an engaging activity that allows students to explore the lives and contributions of successful entrepreneurs. Students are tasked with investigating an entrepreneur using online resources and presenting their findings to the class. During the presentation, students focus on what motivated the entrepreneurs to start their businesses and the impact they have had on society. This activity promotes research skills, public speaking, and critical thinking.

19. Business plan Shark Tank

In this activity inspired by the popular TV show “Shark Tank,” my classmates and I got to channel our inner entrepreneurs by creating and presenting our business plans in a simulated pitch environment. It’s an exciting opportunity for us to put our entrepreneurial skills to the test.

We write comprehensive business descriptions, conduct market analyses, develop marketing and sales strategies, and determine our funding needs and projected financial outcomes. Then, we bravely step into the spotlight and present our business ideas to the class, where we receive valuable feedback and constructive criticism.

This activity has really helped me hone my business planning, communication, and presentation skills, preparing me for the challenges and opportunities of entrepreneurship ahead.

20. Town data review and business proposal

Engaging students in a town data review and business proposal activity allows them to think critically about the needs and opportunities in a local community. In this activity, students review data about a town, discuss the data as a group, and propose a new business idea that addresses a specific need in the town. By considering the existing services and products in the town, students can identify gaps and propose innovative business solutions . This activity encourages students to think creatively and develop problem-solving skills.

21. Exploring unique ways to make $$$

Teaching students different ways to make money is an essential aspect of entrepreneurship education. Students learn the difference between providing a service and selling a physical product.

In small groups, students brainstorm creative ways to make money, considering their unique skills and interests. Through this activity, students develop an entrepreneurial mindset and learn to assess the viability of their ideas.

22. Understanding the characteristics of an entrepreneur

In this activity, students explore the characteristics and traits of successful entrepreneurs. The teacher reads questions about entrepreneurship aloud, and students move to different corners of the room based on their answers. At the end of the activity, students count their points to assess their knowledge about entrepreneurship.

This activity fosters critical thinking, self-awareness, and an understanding of the key qualities required for entrepreneurial success.

23. Examining the benefits and challenges of entreprneurship

I believe it’s crucial to help my students think critically about the benefits and challenges of entrepreneurship. That’s why I’ve designed an activity where we delve into this topic together.

This activity reflects the advantages and drawbacks of working for ourselves and owning our businesses. It’s an opportunity for us to explore the realities of entrepreneurship in a thoughtful way.

Moreover, I guide my students through completing an entrepreneur checklist to assess their entrepreneurial skills and pinpoint areas for improvement. This activity not only promotes self-reflection but also fosters a deeper understanding of the entrepreneurial journey and helps develop our problem-solving skills along the way.

24. Creating a school garden business

Engaging students in a hands-on activity like creating a school garden business combines entrepreneurship with environmental education. Students collaborate to design and build a school garden that yields crops that can be sold for profit.

They develop a business plan, consider market demand, plant and maintain the garden, sell the products, and track profits and losses. This activity provides students practical experience in business planning, financial management, and sustainable practices.

25. Promoting social entrepreneurship

social entrepreneurship

Exploring the concept of social entrepreneurship is a valuable activity that encourages students to think about using business to create a positive social impact. The teacher presents a set of problems on the board, and students are invited to think about what these problems have in common. Together, the entrepreneurship class creates a definition of social entrepreneurship and brainstorms solutions to address social issues. This activity nurtures empathy, creative problem-solving, and a sense of social responsibility among students.

26. The ongoing feedback loop 

To continuously improve the course and maintain student engagement, the “If I Knew…” exercise is a valuable tool. At the end of each term, students are asked to reflect on their expectations at the beginning of the entrepreneurship class and what they gained from the course. They also share what they would have changed if they had known certain things beforehand. The teacher aggregates the feedback and presents it to the students in the last class, creating a feedback loop for course improvement. This exercise sets the stage for future classes and encourages a culture of continuous learning and feedback.

27. Get out the door exercise

The “Get Out of the Door” exercise is something I’ve found incredibly valuable in my entrepreneurship education. It highlights the significance of customer interaction in building a successful business.

During this exercise, I’m encouraged to step out of the classroom and interact with potential customers to gather feedback and insights firsthand. This hands-on experience allows me to validate my ideas, understand customer needs, and make adjustments based on their feedback. It has emphasized the importance of putting myself out there and engaging directly with the people I hope to serve in my future business ventures.

28. Soda can redesign challenge

In this activity, students are tasked with redesigning the traditional soda can to make it more environmentally friendly, user-friendly, or innovative in some way.

Students can work individually or in small groups to brainstorm ideas for redesigning the soda can. They may consider factors such as reducing waste, improving recyclability, enhancing convenience of use, or adding features for sustainability.

Once students have developed their redesign concepts, they can create prototypes using paper, cardboard, or modeling clay. Alternatively, they can use digital design software to create virtual prototypes.

After completing their redesigns, students present their concepts to the class, explaining the rationale behind their choices and how their redesigned soda can addresses the specified criteria. This activity encourages creativity and problem-solving skills and raises awareness about environmental issues and the importance of sustainable design in product development.

29. Social media entrepreneurship activity

In this activity, students create a comprehensive social media marketing strategy for a fictional or real business.

Students work individually or in small groups to choose a target audience and a product or service to promote. They then develop a social media marketing plan that includes goals, target demographics, content strategy, platform selection, posting schedule, and metrics for measuring success.

Students may also be asked to create sample social media posts, graphics, videos, or other multimedia content to support their campaign. Depending on their target audience and objectives, they can use popular social media platforms such as Instagram, Facebook, Twitter, LinkedIn, or TikTok.

Once their social media marketing campaign is complete, students present their strategies to the class or a panel of judges. They explain their rationale and discuss how they would implement and evaluate their campaign in real life.

[Related: 8 Must-Try Entrepreneurship Games ]

Frequently Asked Questions: Fostering an Entrepreneurial Mindset in Students

1. what is an entrepreneurial mindset, and why is it important for students.

An entrepreneurial mindset is a set of skills and attitudes that empower individuals to think creatively, take risks, and solve problems effectively. It’s essential for students as it equips them with versatile skills that can be applied to various careers and life situations.

2. Are these entrepreneurship activities suitable for all age groups?

Yes, these activities are adaptable and can be tailored to suit students of different age groups, from elementary school to college and beyond.

3. How do these activities promote creativity and problem-solving skills?

These activities encourage students to think outside the box, explore new ideas, and find innovative solutions to real-world challenges. They are designed to stimulate critical thinking and creativity.

4. Can I incorporate these activities into my existing curriculum?

Absolutely! Many of these activities can be seamlessly integrated into existing coursework to complement traditional learning.

5. Do I need any special materials or resources to implement these activities?

Most of the activities can be executed with readily available materials and resources. You won’t need anything particularly extravagant to get started.

6. How can I ensure that students stay engaged throughout these activities?

By making the activities interactive and relatable, students are more likely to stay engaged. Incorporating multimedia elements such as podcasts and videos can also enhance their interest.

7. What are some potential outcomes of these entrepreneurship activities for students?

Students who engage in these activities may develop better problem-solving skills, increased self-confidence, enhanced communication abilities, and a more profound sense of adaptability – all essential skills for success in any career.

8. Can these activities be used for remote or online learning?

Yes, many of these activities can be adapted for remote or online learning, making them versatile options for educators in various teaching environments.

Deanna Ritchie

Due makes it easier to retire on your terms. We give you a realistic view on exactly where you’re at financially so when you retire you know how much money you’ll get each month. Get started today.

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46 Best Startup Ideas for Students

Students working together.

  • Startup Ideas
  • Best Startup Ideas
  • Student Entrepreneurs

Last Updated: January 12, 2024 By TRUiC Team

Whether you’re in high school, community college, or university, it can prove challenging to juggle a 9-to-5 job while finishing school. Launching your own startup company as a student offers the flexibility of creating your work schedule to align with a busy school schedule.

The first step involves selecting the right business idea for you based on your interests, the overall startup costs, and the amount of time you can dedicate to your business. This guide highlights the most unique and innovative startup business ideas for students to help you find the right one for you.

Recommended: Find more inspiration by checking out our list of the best startup ideas and top startups to watch in 2024 !

Startup Business Ideas for Students

Some of the most successful startups in history were created by students. Even if you are only looking for a little side-hustle income while you study, an innovative concept will undoubtedly set you apart from the get-go. Here are some of the best startup ideas for students we've sourced.

1. Tutoring

Are you proficient in a specific subject or do you have a unique skill? If yes, you can help other students by starting your own tutoring business. Any subject in which you excel — like math, English, or science — can provide a potential tutoring opportunity.

Tutoring businesses can charge by the session or the hour. You can easily market this type of business within your school, at the public library, or in community centers. Best of all, this startup idea has virtually no startup costs. 

2. App Development

While it might seem like there’s already an app for everything, the potential to create millions of apps for entertainment purposes or to solve everyday problems still exists. This startup idea can ideally suit tech-savvy students, but anyone can create a popular app with the right support during production and a great idea.

If you don’t currently have an app idea, don’t worry. Start brainstorming ideas by conducting an audit of daily tasks or problems an app could simplify or solve. Many of the most popular apps solve a common problem, making them more likely to have widespread appeal.

3. Freelance Writing

If you’re a skilled or talented writer, freelance writing might provide a great way for you to make money as you pursue your education. Freelance writers of all kinds are in demand by businesses and publications looking for temporary employees to write blog posts, articles, and other content.

One of the biggest benefits of freelance writing at a younger age is that you’ll gain experience that can help you later on as you establish a career. Sites like Upwork® and Writer Access® provide a secure platform for businesses and freelancers to connect.

4. Podcasting

Next up on our list of business ideas for students is podcasting. As the popularity of podcasts continues to grow , it’s an ideal time to start a podcast of your own. In fact, the podcast industry was valued at $18.52 billion in 2022 . The most successful podcasts feature engaging hosts and a specific topic that can attract interested listeners. You also must feel comfortable with interviewing and public speaking before you start a podcast.

Moreover, it’s best to choose a topic for which you have a passion and can see yourself dedicating a good amount of time to researching. For example, if you’re passionate about sustainability, your podcast could focus on interviewing other entrepreneurs who currently work to fight climate change.

Launching your own company? Build your startup website today with GoDaddy !

5. Tech Support

Do you have a knack for solving technical problems? If so, you may want to consider launching a tech support startup. You can run these types of online businesses entirely from your home and market it by posting flyers at schools, coffee shops, and libraries. You just need a phone, a website, and some technical experience. You also can charge by the job, the hour, or the type of device.

In this type of business, customers typically call or email with a technical issue and you, the tech support person, walk them through how to fix that issue. Alternatively, you can request your customers drop their computers off so you can take a first-hand look.

Check out our full list of tech startup ideas .

6. Digital Textbook

Digital textbooks are educational ebooks that provide a much-needed alternative to traditional textbooks in terms of both price and sustainability. With the introduction of ereaders and other devices, the market for digital alternatives to educational materials continues to grow. Whether you plan to write a digital textbook or start a website that’ll house popular digital textbooks, this startup idea can enable you to earn a profit while you provide a service to students and the educational system.

Online learning continued to gain popularity in the past year. Providing additional tools for students — or people who just want to brush up on a subject — by developing an educational technology (edtech) startup can make education more accessible to a larger fraction of society. Startup costs for this business idea can range from $12 to $27,209 , depending on the business model. 

Whether you plan to develop an app, create online courses, or build an online tutoring resource for students, you must first identify your target subject and platform. Additionally, successful edtech startups tend to offer a product that’s both effective and intuitive. Remember to consider those criteria during your product development process.

See our interview below with the co-founders of edtech startup Trashbots !

8. Meal Delivery Service

Faced with fewer dine-in options, people increasingly turned to food delivery services in the past year. In fact, the market is expected to experience a 14.5% compound annual growth rate (CAGR) from 2023 to 2032. Starting your own meal delivery service can help small local businesses meet delivery demand, enable customers to enjoy their favorite restaurants, and provide a business opportunity that’ll work with your busy schedule.

To compete with the big names in meal delivery, connect with your local restaurant owners. Many popular food delivery apps and websites charge a substantial fee to deliver for restaurants. Your business can gain a competitive edge by offering quick delivery times and lower fees.

Check out our full list of  startup ideas for food lovers .

9. College Care Package Business

Going away to college often represents an exciting adventure. For families and friends seeking to support their favorite college students, a college care package business can take the guesswork out of what to send them with thoughtfully curated packages.

One benefit of starting this type of business is that you can operate it completely online. That’ll reduce your overhead costs and give you more freedom for your busy schedule. Offering a variety of packages for different types of students with customizable options will set your college care package business apart from the competition.

10. Ebook Writing

Today, you can accomplish almost everything virtually — even publishing a book. Ebooks provide an alternative to traditional publishing, making them cheaper for both authors and readers. Moreover, ebooks are far more sustainable than paper books.

To get started, you’ll need writing experience and a topic idea for your ebook. Whether you choose to write a novel or a cookbook, the ebook market offers a huge profit potential while requiring minimal startup and overhead costs. Especially considering that ebooks made up over 10% of book sales in 2022 . That makes this type of business a great choice for aspiring entrepreneurs.

11. Social Media Influencer

A successful social media influencer almost always understands how to create and effectively market a brand. If you think you’re up to the challenge, this can make a lucrative and exciting startup idea. Social media influencers with between 10,000 and 25,000 followers make $100-$250 per post , on average. 

Influencers earn money through brand deals. Because every industry has influencers, you’re more likely to generate a large viewership and build a strong brand if you focus on a specific industry or niche for which you have a passion. In addition, you’ll need to feel comfortable with public speaking and connecting with your audience in order to attract brands that want to work with you.

12. Mobile Coffee Cart

Many students work in coffee shops and cafes while pursuing their education. A mobile coffee cart offers a flexible schedule and the opportunity to network within your community. It also provides a relatively low-cost alternative to opening a brick-and-mortar cafe with many mobile coffee carts costing between $2,000-$5,000 to start. 

Customers typically hire mobile coffee carts to work events like corporate retreats, school events, and even weddings. Make your business stand out by offering a customizable drink menu that can complement customers’ event themes.

Feeling inspired? Learn how to launch your own company with our guide on how to start a startup .

13. YouTube Channel

Launching a YouTube channel is next up on our list of startup business ideas for students. YouTube has billions of subscribers worldwide, which means the platform offers a great opportunity for new channels and video content. Starting your own video channel can represent another form of blogging (called “vlogging”) or provide a space for you to teach a skill or share a hobby. If you have a passion for ceramics, for example, you could start an entire channel about your process from clay to kiln.

Social media platforms focus on making connections, and YouTube is no exception. Every industry or hobby has the potential to connect with thousands of YouTube subscribers, which you could parlay into a lucrative business venture. Especially considering the average YouTuber in the US makes $33 per hour on average. 

14. Review Website

Like most people, you probably search online for reviews before you spend your money at an unfamiliar business. Review websites hold businesses accountable by giving people insights about them so potential customers can make an informed decision.

You can easily start and manage this kind of website with a minimal budget, making it perfect for student entrepreneurs. In order to run a successful review website, you’ll need to gain credibility with customers and differentiate your site from larger review sites like Yelp.

15. Social Media Platform

Many social media users seek new platforms to explore so they can connect with others. Starting your own social media platform can provide a space to foster a sense of community as well as a potentially lucrative business venture. Moreover, it offers a flexible schedule — especially during the initial stages of operating your site.

To entice users to join your social media platform, focus on developing ideas that’ll make your site feel distinct from other platforms. For example, you could opt to cater to a specific demographic like gamers or musicians.

16. Livestreaming

If you already spend a lot of time playing video games, why not make it a business venture? Livestreaming essentially involves broadcasting live footage of your game as you play, using a platform like Twitch or Smashcast. Once you obtain the minimum number of followers (e.g., 500 on TWITCH), you can become a partner of the livestreaming site and begin to make money based on the traffic your streams generate.

17. Graphic Design

Many businesses and organizations need graphic designers to create visual branding for use on everything from signage to marketing materials. Because graphic design is a fairly broad industry, having a multifaceted skill set can prove extremely beneficial. For example, proficiency in logo design as well as typography or web design can help you book more clients and build your portfolio.

18. Dropshipping

If you like the idea of an ecommerce startup but don’t have the room to store items to sell, dropshipping could be the perfect solution. Dropshipping startups simply take customer’s orders online, but instead of filling orders themselves, they are sent to a third-party retailer for fulfillment. Essentially, your startup consists of customer experience management, marketing, and curating items for your dropshipping business. On average, dropshippers make $3,414 per month , according to ZipRecruiter. 

19. Affiliate Marketing

Affiliate marketing is a popular side hustle , but it can be a profitable business idea if you do it right. Through affiliate marketing, you will earn a commission on sales you drive for brands you partner with. What makes this idea particularly good for college students is that there is a relatively low barrier to entry. Be sure to pick products you're already known for, associated with, and to which you have market access. 

20. Website Development

Building websites can be a great way to make money as a student, particularly if you're studying something related. Almost everyone, from businesses to individual entrepreneurs, needs a website, and if you do a great job on the first few projects, you'll start getting business through word of mouth. This is another space with a pretty low barrier to entry as there are many open source tools available for developers.

21. Virtual Assistant

You don’t have to be in an office to help businesses and fellow entrepreneurs get organized. A virtual assistant startup is a great business idea for organized, task-oriented individuals. If this sounds like you, it is easy to get started by utilizing sites that can help you find work you’re interested in. Get a competitive edge by diversifying your skill set to make yourself eligible for a litany of job opportunities. Plus, this flexible position brings in $24 per hour on average in the US, according to ZipRecruiter.

22. Web Design

Web designers focus predominantly on the user experience aspect of web pages. If your field of study relates to design (or even if this is just a passion for you), a web design startup might be your best bet for a student business. To really hook the clients, pair up with a friend in the development space and offer your services as a package.

23. Handcrafted Products

Handmade, artisanal goods never go out of style. Plus, the market for handmade goods is expected to see moderate growth from 2023 to 2030 at a CAGR of 4.7% . Selling handcrafted products offers you the flexibility of selling your goods online, in established retailers, or at local markets. The first step involves determining the product(s) you’ll make. This could include food products, pet toys, wooden furniture, or many other items. To successfully sell handcrafted products, remember to focus on product quality and cater to the right niche market.

24. Cleaning Services

Next on our list of the best business ideas for students is cleaning services. You can start a successful cleaning startup in several ways. For example, you could start a house-cleaning business, an office-cleaning business, or a graffiti-cleaning business, among others. 

This type of startup has low initial costs and flexible hours. You can schedule as many clients as you can manage based on your availability. Overhead costs for cleaning services include marketing materials, cleaning supplies, and vehicle expenses, which means it'll cost very little to launch your cleaning startup. Notably, in the US, cleaning business owners make $127,973 per year on average , making this a lucrative business for students. 

25. Moving Company

If you ask people if they enjoy moving, most will answer with a firm “no.” That can make a moving company startup a potentially lucrative business idea. Not to mention, the industry has grown by 11.4% in 2022, meaning the demand for moving companies is increasing. You’ll need to hire a team and purchase a vehicle large enough to move furniture so this type of business has higher startup costs than other business ideas. But, that initial investment can pay off once you start booking jobs and generating positive reviews.

26. Planner and Journal Business

The right planner or journal can help even the most disorganized people manage their time more effectively. Journals also can serve multiple purposes, making them a valuable tool for many. Starting a planner and journal business can help fulfill the demand for these products while offering you a potentially lucrative business venture.

Planner and journal businesses can sell their products online or in established retailers like bookstores and novelty shops. To make your products stand out, consider giving them distinctive features like including time-management tips inside your planners or manufacturing your journals from recycled materials.

27. Social Media Marketing

If you're already spending a lot of time on social media platforms and you have a good understanding of the marketing end, why not turn that into a startup? Anyone with a product or service, especially local businesses, to sell today needs to be on social media, and many business people do not have the skills or the time to pull it off well. The multiple free scheduling and design tools available today also make this a pretty low-cost industry to enter.

28. Website Flipping 

Another website-based startup you can try is website flipping. People often allow their websites to go dormant either because they've closed their business or just aren't interested anymore. This is an opportunity for you to purchase this website at a relatively low cost, optimize it, increase the traffic, and flip it at an excellent profit when it is worth far more than it was.  

29. Motivational Apps

Mobile apps are really popular, and if they make you feel good and improve your life, all the better. Apps geared toward motivation do very well in most app stores, and they're relatively simple to build and maintain. You will need to come up with an innovative idea, though, but thankfully, there are many spaces to work within — meditation, mindfulness, inspiration, and productivity, to name a few. If you plan to develop an app of your own, you can also take advantage of university-led incubators or startup accelerators such as Techstars Mobility or Plug and Play Tech Center. 

30. Organization Service

Few people naturally possess strong organizational skills. If you’re one of those few, an organization service may represent the perfect startup idea for you. Professional organizing services not only help customers tidy up cluttered spaces, but also help them develop the organizational skills they need to maintain order going forward. One of the benefits of starting this type of business is you can operate it either in person by visiting customers’ homes and offices or virtually by conducting video consultations.

31. Errand-Running Service

Busy professionals, small businesses, and seniors typically need help running errands they can’t get to themselves. This could involve going to the post office, picking up dry cleaning, or taking a pet to a vet appointment.

To get started, you just need a vehicle, a phone, and some spare time. You can operate your errand-running business from home and market your services on bulletin boards at community centers, senior centers, or anywhere you can post a flier with your information. While this business idea isn’t the most lucrative, on average, errand runners make $15 per hour . If you can manage a fleet of errand runners, the earnings can add up. 

32. Language Learning Startup

If you’ve learned a foreign language, you know it’s difficult, especially for adults. However, knowing a second language is not only a fun pastime, but it opens up job opportunities and helps people connect with other communities. A language learning startup can be any product or service that helps people learn a new language, such as an app, instructional website, or written guides.

To make your startup stand out, focus on making learning a new language fun for users so that they want to reach for your product or resources again and again. If you opt for a tech-related language learning model, consider utilizing an edtech incubator to help develop your idea such as Berkeley SkyDeck, FasterCapital, or ASU Venture Devils. 

33. Virtual Event Planning

With businesses and organizations grappling with social distancing requirements in the last few years, the virtual events space has exploded, and hosting events online has actually become a game-changer for many businesses. As a result, a new critical skill has emerged: the need to plan these events. If you have great digital skills and you're pretty good at organizing people, look into virtual event planning as a startup. Again, there are many open-source tools available that make breaking into this space relatively cheap.

34. Clean Beauty Products

Green or “clean” beauty products are increasing in popularity across the US as we learn more and more about the harmful effects of some ingredients in traditional beauty products. In fact, the global clean beauty market is currently valued at $8.3 billion in 2023 and is expected to reach $15.3 billion by 2028 . A green beauty product startup provides a better alternative, whether it’s clean skincare or cosmetics — the key is to create a product that is as effective as traditional products without the same damaging ingredients.

35. Software Startup

A software development startup is responsible for creating, distributing, and maintaining the programs that businesses use every day. This industry is experiencing exciting growth with annual revenue of $238 billion per year and an annual growth rate of 3.9% , which means this startup idea holds a tremendous amount of opportunity for entrepreneurs.

36. Snack Company

Do you have a go-to homemade snack that you know other people would love as well? If so, take your tasty treats to the next level by starting a snack company . Consumers are always looking for delicious new snack options with special ingredients or a twist on a classic snack. Growing your audience can be done by going to farmers' markets or local events and letting people try your delicious new snack!

37. Robotics Startup

It's not uncommon for robotics startups to be founded by students or recent graduates, especially if they are studying in the field at one of the more prestigious colleges with well-backed programs and grants for research. College can be an amazing place to discover new technology and brainstorm with fellow students, but you also want to ensure that you understand the industry you're trying to get into before you get too far ahead of yourself. 

With that said, definitely use the resources at your disposal if you're in a great robotics program and see where it can take you and your startup. Or, consider joining an incubator or accelerator such as AlleyCorp, MARL 5G Accelerator, or Buildit Accelerator to help develop your startup. 

38. Fintech

If you have a good understanding of both the financial and technology spaces, you may want to consider a fintech startup as your niche. Historically, student fintech startups that have focused predominantly on student financial issues have done really well. It's vital to understand your market, after all. When you start to delve into the world of finance, though, you'll need to ensure that you are complying with any state laws that govern the industry. After you've ticked that box, your fintech startup will be ready to go. For a startup idea like this, you may want to consider seed stage venture capital firms such as Precursor Ventures that have a history of deploying capital into promising fintech companies. 

39. Marketplace Website

Become the platform your community uses to sell and exchange goods and services by creating a marketplace website startup. Elevate the startup idea by prioritizing user experience and safety protocols. The key to a successful marketplace website is to create a positive experience for users that makes buying and selling items seamless and safe.

40. Sustainable Clothing Line

Fashion is one of the most wasteful industries on the planet. If you’re thinking about starting a clothing line, consider making it a sustainable one! Plus, the demand for these businesses is growing and is projected to continue that trajectory, forecasted to grow from $7.8 billion in 2023 to $33.05 in 2030 . A sustainable clothing line can make an impact by creating thoughtful garments that are long-lasting and ethically made out of sustainable materials such as linen or hemp.

41. Virtual Meeting Platform

With the virtual events space growing so considerably, the need for virtual meeting services has increased proportionately. This might mean anything from scheduling software for end-to-end management or perhaps even add-on apps that assist large companies with the management of various meetings simultaneously. There are several open-source tools available to help you break into this space.

42. Beverage Startup

If you have a great drink recipe or an idea for a special ingredient or function that will entice customers, start a beverage company ! A competitive edge in this industry is well-designed packaging that is catered to a target demographic and, of course, a delicious beverage inside. If you’re more of a connoisseur of beverages, a beverage distribution company is another lucrative startup idea that can be focused on a specific type of beverage such as beer, soda, or wine. Keep in mind that if you start a beverage company, you may benefit from a founder community such as Foodbevy to connect with other entrepreneurs in the space and grow together. 

43. SEO Services

Search engine optimization ( SEO ) is an essential tool for online marketing. However, to achieve a successful SEO service, you need to dedicate time and effort to creating content and staying on top of changes in search trends. Starting an SEO services startup offers customers an opportunity to cash in on this powerful internet marketing tool without spending too much of their own. To create a successful SEO services startup, you will need a deep understanding of SEO tactics and the software to do effective research. 

Looking for more inspiration? Check out our list of the top startups to watch in 2024 !

44. Online Courses

Online courses are a great way to use your existing knowledge to help college students, professionals, or anyone looking to expand their skill set in a niche market. This startup idea, on average, can bring in roughly $82,500 per year , according to ZipRecruiter. To create an online course, you will likely want to join an online course platform such as Udemy or Skillshare and utilize digital marketing strategies to get the word out about your course. However, a great online course can be one of the less laborious but still profitable business ideas for students.

45. Translation Services

If you speak more than one language, offering translation services can be a great way to leverage your skills to start your own business. A translation services business is often responsible for translating various documents while maintaining client confidentiality. This can be done to either provide grammatical and spelling help or to ensure the content of the translation matches the original document.

46. Become a Reseller

With the rise of apps such as Poshmark, Vinted, and Depop, reselling clothing, shoes, and even home goods has become a popular side hustle for students. While some sellers opt to resell items from their own closets, others choose to upcycle garments or scour local thrift stores for deals on items. This idea involves keeping an eye on trends as well as offering items seasonally to ensure you are selling an item when demand is at its peak. 

How to Choose a Business Idea

Starting your own business as a student can mean additional cash and valuable experience. However, choosing a profitable business idea can be challenging, here's a few tips to find the right business idea for you.

Research Time Dedication

Whether you're in high school or college, school is your number one priority. Therefore, you need to seek business ideas that will be doable with your current school load. Many online business ideas for students provide time flexibility and allow you to work on your entrepreneurial goals during spare moments.

Pull From Your Skill Set

What are you already well versed in? Pulling from your skill set allows you to build a strong foundation early on and capitalize on your existing knowledge. This could mean launching a tutoring business if you're highly educated in one subject or doing freelance work doing strategy for other local businesses getting started on social media platforms.

Follow Your Passion

Above all, when you're starting your own business you should choose business ideas that you're excited and passionate about. If you are passionate about your business idea, there is a higher chance you will dedicate the time and effort necessary to make it a profitable, sustainable startup. 

Explore More Startup Ideas

  • Online Startup Ideas
  • Startup Ideas for Social Entrepreneurs
  • Sustainable Startup Ideas
  • Startup Ideas for Education Entrepreneurs
  • Startup Ideas for Teens
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  • Tech Startup Ideas
  • Startup Ideas for Food Lovers
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  • Software Startup Ideas
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50 Super Free Resources for MBA Students

Being an MBA student is no easy task. There’s lectures to attend, papers to write, and exams to pass. To help you out, we gathered 50 of the Internet’s best free resources for MBA students:

 Productivity & Writing Tools

  • Grammarly.com : Grammarly searches your work for grammar and spelling mistakes, giving you useful feedback to help you avoid  making the same mistakes. It’s the perfect tool for quick proof-reading before turning a paper in.
  • HemmingwayApp.com : The Hemmingway App makes sure that you’re writing at the correct level. The app checks to make sure your writing is readable, highlighting any sentences or fragments that are hard to understand.
  • OpenOffice.org : If you don’t have access to Microsoft Office, Open Office is a fully functional substitute. Not only does it include a state-of-the-art word processing app, it also includes free alternatives to Excel, Outlook, PowerPoint, and more.
  • Bubbl.us : Bubble.us is a mind-mapping tool, helping you brainstorm and outline your ideas before taking them to paper.
  • BibMe.org : BibMe takes your sources and automatically creates a bibliography citation based on a variety of standard styles, such as APA and MLA.
  • Tomato.es : This app uses the Pomodora productivity technique, allowing you to track 25-minute blocks of work followed by brief breaks.
  • oTranscribe.com : If you want to record and transcribe a lecture, podcast, or MP3, oTranscribe is a free web-based application that does it for you automatically.
  • Google Docs : Google Docs is another useful alternative to Office. You’ll be able to access and edit documents on any computer or mobile device.
  • Plotly : If you need to make a graph for a presentation, Plotly’s intuitive interface makes it easy. You can even share your information directly online.
  • Cold Turkey : When you need to hunker down and study without distractions, Cold Turkey is perfect. Simply block out time to work and Cold Turkey blocks specific apps and sites that tend to distract you.
  • Rescue Time : Being an MBA student means making the most of your time. RescueTime analyzes how your time is spent online and suggests how you can start being more productive.

 Homework & Exams

  • WolframAlpha.com : This powerful calculator not only solves complex problems and statistical analysis, it can also show you a step-by-step breakdown on how the solution was found.
  • StudyBlue.com : This is a great study tool that lets you create your own flashcards or access an enormous database of cards already created by other students.
  • Chegg.com : You’ll have access to online study groups and tutors, along with textbooks at a deep discount.
  • MindGenius.com : If you need help managing your projects and a busy schedule, Mind Genius makes organizing your life a breeze.
  • Zoho.com : If you’re working with a group on a presentation or project, Zoho gives you the tools to collaborate no matter where you’re at.
  • iHomework : This handy application allows you to organize courses and assignments and access your schedule anywhere you go.
  • Evernote : It can be accessed on any computer or mobile device, and provides plenty of features to make organizing your classroom notes easy.
  • Outliner : You’ll have the ability to organize and share your papers, notes, and projects right from your iPhone or iPad.

 Communities & Organizations

  • MBA World : One of the world’s largest MBA student communities, MBA World allows you to connect with other MBAs and employers from around the globe.
  • LinkedIn.com : If you’re not on LinkedIn as an MBA student, you need to be. It’s the world’s largest community for business professionals and academics.
  • Online MBA Page : Community of like-minded business management students seeking information on accredited MBA programs via distance learning online.
  • Beta Gamma Sigma : The world’s largest honor society for business students, BGS provides resources and networking opportunities for MBA students.
  • /r/MBA : The MBA Reddit community offers a chance for past, present, and future MBA candidates to find advice and offer wisdom.

 Academic & News Sources

  • Google Scholar: If you need academic resources for a paper or your research, Google Scholar is a great free resource.
  • Financial Times : FT is one of the world’s largest international newspaper, with a strong focus on business, economics, and, of course, finance.
  • American Marketing Association : You’ll need a subscription to access every article, but even a free account grants access to lots of free articles and journals from the world’s top marketing professionals.
  • Harvard Business Review : HBR is one of the world’s leading resources for business news and research. There’s plenty of free articles, webinars, and videos, and even more if you subscribe.
  • Fortune : Run by Time, Fortune is the leading magazine for American-based businesses. Their website contains tons of free content, including articles, videos, and business conferences.
  • MIT Technology Review : Here, MIT provides a ton of free content about the latest technology and how businesses can leverage them to build a competitive advantage.
  • The Economist : When you’re looking for authoritative reporting and insight into the world’s most important business and economic stories, this is your best option.
  • Business and Economics Journal : This is an open-source, free journal with access to tons of free research and publications about the latest economic, financial, and organizational trends.
  • Forbes : Forbes offers daily business insights with a focus on technology and personal finance. It’s a bit lighter than other recognized business sources, making it easy to check out daily.
  • Scientific Research : They provide completely free access to an enormous number of peer-reviewed research and articles. There’s even an app to help you research on the run.

 Blogs & Podcasts

  • The Business Ethics Blog : Run by Chris MacDonald, a Ph.D. and professor at Toronto’s Ryerson University, this blog takes a look at the most important ethical issues facing today’s businesses.
  • ConversionCast Podcast : Run by leading marketers, this podcast takes a look at using websites and digital marketing to drive results in a variety of ways.
  • Authentic Organizations Blog : Throughout this blog, CV Harquail takes a look at what it means to be an effective manager and building authenticity in organizations.
  • Freakonomics Podcast : Run by the author of the best-selling Freakonomics, this podcast looks at the hidden side of business in an entertaining way.
  • Open IT Strategies Blog : Run by Professor Joel West, this blog talks about how you can manage IT to build better business processes.
  • The Time Management Ninja : Excelling in an MBA program means making the most of your time. This handy blog helps keep you on track at all times.
  • BusinessCast : Run by Darden School of Business, the BusinessCast includes lots of great information tailored specifically for MBA and b-school students.
  • Stacy Blackman’s The Wire : This blog is specifically for prospective MBA candidates. If you’re trying to land a spot in a top MBA program, you’ll find everything you need here.
  • Harvard Business Review Podcast Channel : Weekly ideas, insights, and tips on management from Harvard Business Review.

 Free Course Providers

  • Coursera.org : Coursera works with the world’s top universities to provide free professional development courses and works with companies like Google to act as judges for student projects.
  • Udacity : Find free online courses, make a career change, or get a new job by completing a Nanodegree program. Self paced online learning with code reviews.
  • Harvard Free Courses Online : Harvard University is devoted to excellence in teaching, learning, and research, and to developing leaders in many disciplines who make a difference globally. Harvard faculty are engaged with teaching and research to push the boundaries of human knowledge. The University has twelve degree-granting Schools in addition to the Radcliffe Institute for Advanced Study.
  • EdX : Learn from the best schools, anytime, anywhere. Over 5 million people have taken free courses online from institutions such as Harvard, MIT, Berkeley, Columbia and more.
  • 100+ Free Business Courses Online : The quality of education now available online has transformed how people view such courses and degrees.
  • U.S. Small Business Administration : The SBA provides an incredible amount of resources for small business owners that MBA students can take advantage of, including plenty of free online and offline courses and seminars.
  • Sloan School of Management : If you want to supplement your education with even more classes, you can take completely free graduate business classes from MIT’s opencourseware program.
  • MBA.com : If you’re looking into MBA programs, MBA.com should be your first stop. There’re GMAT test prep materials and information on what to look for in an MBA program.
  • Kaplan Test Prep : Kaplan is another great resource for prospective MBA students, providing completely free GMAT test prep classes and materials.
  • Saylor.org : The Saylor Academy is a foundation that aims to provide free education to everybody. If you want to learn more about a particular subject, chances are good you’ll find something here.
  • Purdue Online Writing Lab : Purdue’s OWL offers an incredible selection of guides and tools to help you write and research better.
  • Beeminder : This website allows you to set and track goals, whether it’s number or hours studies or time spent on a particular assignment.
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Best Online MBA Programs – 2024

May 23, 2024

Are you thinking of ways to accelerate your career in business? Perhaps you feel ready to switch your area of focus, become a manager in your company, or start your own. Maybe you’ve thought about an MBA, but you’re hesitant to quit your job and put your life on pause for grad school. An online or hybrid Masters in Business Administration (MBA) program could be the perfect solution. Below, you can read about factors to consider when choosing the best online MBA for you, followed by a list of 20 top online and online/hybrid MBA programs. Click here is you are looking for a list of the Top MBA Programs .

What to consider when choosing an online MBA

Before we dive into the list, here are some important factors to consider as you begin your application process.

Online vs. hybrid format : Some of these programs are fully online, while others take place in an online/hybrid format. This means that a percentage of your time will be spent on campus, participating in seminars, workshops, or networking events. This hybrid format can be great for students who want to continue working their jobs but still want to connect with their cohorts and professors. However, if you are extremely busy or getting to campus is highly inconvenient, a fully-online program could be a better option.

Location : Location also comes into play here, since programs with hybrid elements will require that you travel to campus every so often. So, if you live and work in Seattle, you may want to consider University of Washington’s program before USC’s. Location can also affect tuition, if the program offers in-state tuition at lower rates than out-of-state.

Best Online MBA Programs – 2024 (Continued)

Acceptance information : Make sure to pay attention to the program’s acceptance rate, average GMAT scores, and undergrad GPAs. Some schools value high GPAs and test scores more than others, and doing the research ahead of time will allow you to streamline your application process.

Tuition : Below, you will find information on each program’s tuition-per-credit. Throughout the course of these programs, you will likely end up paying a tuition somewhere between $50,000 and $100,000, more or less (depending on the length of the program and whether it’s at a public or private university). However, certain programs are as low as $29,000, and even offer additional merit- and need-based- scholarships. So, while online MBAs can be costly, they tend to be significantly less expensive than many residential programs.

20 Best Online MBA Programs

Continue reading for 20 of the nation’s top online MBA programs.

1) Indiana University—Bloomington (Kelley)

With 50% of coursework made up of electives, this program is perfect for students who want to customize their own pathways. In addition to being the top program on the U.S. News list, Kelley’s online MBA is ranked as the #1 online MBA program in Finance and Marketing, and the #2 online MBA program in Business Analytics and General Management. The program boasts its excellent full-time faculty and career coaching that extends through professional life after graduation.

  • Location: Bloomington, Indiana
  • School type: Public
  • Acceptance rate: 27%
  • Average GMAT score: 670
  • Average undergrad GPA: 3.4
  • Graduate enrollment: 1,652
  • Tuition per credit: $1,635

2) Carnegie Mellon University (Tepper)

Tepper’s online hybrid MBA is taught by the same faculty who teach their full-time MBA, and online students also have access to the school’s many resources. With an analytics-focused curriculum, the program is designed to help students harness emerging technologies and work with data to make smart business decisions.

  • Location: Pittsburgh, PA
  • School type: Private
  • Acceptance rate: 61%
  • Average GMAT score: 668
  • Graduate enrollment: 228
  • Tuition per credit: $2,274

3) University of North Carolina—Chapel Hill (Kenan-Flagler)

This online MBA offers full-time and part-time options, which makes it possible for working professionals to complete the program without disrupting their career goals. Students choose from 36 electives, immersive summits, and 6 concentrations: Data Analytics and Decision Making, Entrepreneurship, Finance, Marketing, Strategy and Consulting, and Management and Leadership.

  • Location: Chapel Hill, North Carolina
  • Acceptance rate: 62%
  • Average GMAT score: 674
  • Average undergrad GPA: 3.3
  • Graduate enrollment: 797
  • Tuition per credit: $2,025

4) University of Southern California (Marshall)

Designed for fully employed professionals, this comprehensive and full-time MBA prepares students to accelerate their careers or successfully change industries. Despite its online format, students experience camaraderie with other students and support from expert faculty. After an on-campus orientation, classes take place two evenings a week.

  • Location: Los Angeles, California
  • Acceptance rate: 46%
  • Average GMAT score: 619
  • Average undergrad GPA: 3.2
  • Graduate enrollment: 283
  • Tuition per credit: $2,307

5) University of Washington (Foster)

Foster’s online/hybrid MBA program offers a 4-to-5-day session on campus each quarter to ensure networking and professional development opportunities for students. The core curriculum is grounded in business principles, theories, and frameworks, while also offering hands-on case analysis for real-world decision-making experience.

  • Location: Seattle, Washington
  • Acceptance rate: 73%
  • Average GMAT score: 620
  • Average undergrad GPA: 3.5
  • Graduate enrollment: 160
  • Tuition per credit: $1,500

6) University of Florida (Warrington)

The Warrington College of Business offers an accelerated 16-month online MBA program, as well as an online 2-year program. As one of the first schools to offer a fully-accredited online degree, UF offers experiential learning opportunities and global immersion experiences, as well as top career coaches.

  • Location: Gainesville, Florida
  • Acceptance rate: 56%
  • Average GMAT score: 617
  • Graduate enrollment: 867
  • Tuition per credit: $1,208

7) Arizona State University (Carey)

Carey’s online MBA emphasizes connected leadership, fostering leaders with a “holistic understanding of people, ideas, and context.” In this program, students enroll in one 5-week class at a time, which makes the course load manageable for those who need flexible learning schedules.

  • Location: Tempe, Arizona
  • Acceptance rate: 80%
  • Average GMAT score: 548
  • Graduate enrollment: 515
  • Tuition per credit: $1,330

8) University of Arizona (Eller)

Eller College of Management offers a rigorous core curriculum, a range of electives, and an optional Global Business Experience trip that provides the opportunity to gain hands-on business experience in settings from Brazil to Singapore. Depending on circumstance, students can complete this degree in as little time as 14 months and in as much time as 48 months.

  • Location: Tucson, Arizona
  • Acceptance rate: 74%
  • Average GMAT score: 572
  • Graduate enrollment: 552
  • Tuition per credit: $1,250

9) Rochester Institute of Technology (Saunders)

This online executive MBA, which takes place over 16 months and 4 semesters, is designed for experienced, creative, and innovative leaders in business who seek further career advancement. Though all coursework is online, students must attend a 3-day on-campus orientation, as well as a 7-to-10-day international seminar closer to the time of graduation (airfare and lodging provided).

  • Location: Rochester, New York
  • Acceptance rate: 50%
  • Average GMAT score: 551
  • Graduate enrollment: 39
  • Tuition per credit: $1,660

10) University of Kansas

This highly-affordable MBA provides a top-tier business education for under $40,000. Better yet, there’s no Kansas residency requirement, which makes the program incredibly flexible. According to reports, Kansas MBA alumni have an average post-graduation salary increase of 27%, and 87% received a pay raise after degree completion.

  • Location: Lawrence, Kansas
  • Acceptance rate: 66%
  • Average GMAT score: 530
  • Graduate enrollment: 489
  • Tuition per credit: $865

11) University of Maryland—College Park (Smith)

UMD’s Smith School of Business boasts a flexible and engaging curriculum that provides the same rigor as its on-campus MBAs. Specializations include Finance, Information Systems, Marketing, Supply Chain Management, and a General Track that takes a more expansive look at core business concepts. No matter the concentration, Smith provides real-world value through a focus on data-driven strategies.

  • Location: College Park, Maryland
  • Acceptance rate: 86%
  • Average GMAT score: 564
  • Average undergrad GPA: 3.8
  • Graduate enrollment: 429
  • Tuition per credit: $1,733

12) Ball State University (Miller)

  • Another highly-affordable option, Ball State’s online MBA offers seven concentrations, ranging from Artificial Intelligence, to Finance, to Healthcare Administration. The degree program has no on-campus requirements and requires fewer credits for students who already have previous business degrees.
  • Location: Muncie, Indiana
  • School type:
  • Acceptance rate: 93%
  • Average GMAT score: 586
  • Graduate enrollment: 345
  • Tuition per credit: $701

13) The University of Texas at Dallas

With 9 concentrations and 5 double degree options, online MBA students at UT Dallas take courses on their own schedules while receiving customized career support. Though the program offers courses online (in synchronous and asynchronous formats), students must be able to attend testing centers in-person.

  • Location: Richardson, Texas
  • Average GMAT score: 635
  • Tuition per credit: $1,871

14) University of Massachusetts—Amherst (Isenberg)

This MBA includes six focus areas: Business Analytics, Entrepreneurship, Finance, Healthcare Administration, Marketing, and Sport Management. Though Isenberg MBA students have the option of completing the degree entirely online, students who live in the area (or near the Boston or Worcester locations) have the option of complementing online learning with some in-person classes in order to engage more closely with faculty members.

  • Location: Amherst, Massachusetts
  • Acceptance rate: 92%
  • Average GMAT score: 623
  • Graduate enrollment: 1,605
  • Tuition per credit: $925

15) University of Utah (Eccles)

The Eccles online MBA emphasizes analytical and quantitative problem-solving skills, effective management skills, awareness of ethical issues, communication, and strategic thinking. With its flexible and strategically-built curriculum, reports show that 50% of students received a promotion while completing this 2-year program.

  • Location: Salt Lake City, Utah
  • Acceptance rate: 90%
  • Average GMAT score: 645
  • Tuition per credit: $1,350

16) University of Wisconsin MBA Consortium

In addition to its program in General Management, the University of Wisconsin MBA Consortium offers a 36-credit MBA in Healthcare Management. Both of these options are 100% online, highly personalized, taught by Ph.D.-qualified faculty, and can be completed in 2.5-to-3 years.

  • Location: Eau Claire, Wisconsin
  • Acceptance rate:
  • Average GMAT score:
  • Average undergrad GPA:
  • Graduate enrollment: 418
  • Tuition per credit: $825

17) Oklahoma State University (Spears)

As the most affordable program on this list and one of the most affordable accredited MBAs in the nation, Spears attracts full-time and motivated professionals who wish to complete a rigorous and practical academic curriculum in 16 months. Its online courses are designed to promote student collaboration, and better yet, they are available 24/7, so they can be completed regardless of student schedule or location.

  • Location: Stillwater, Oklahoma
  • Graduate enrollment: 303
  • Tuition per credit: $364

18) University of Michigan—Ann Arbor (Ross)

Through a mix of online coursework and in-person residencies, University of Michigan offers an interactive and collaborative experience through its online MBA. The curriculum includes both synchronous class sessions and asynchronous modules, and local students are also eligible to attend in-person elective courses on the Ann Arbor campus. Career services for online MBA students include on-campus recruiting, personal coaching, LinkedIn profile review, resume reviews, virtual mock interviews, and more.

  • Location: Ann Arbor, Michigan
  • Acceptance rate: 71%
  • Graduate enrollment: 378
  • Tuition per credit: $2,212

19)  Florida State University

Designed for highly motivated individuals seeking a competitive edge in the business field, FSU offers an online, part-time MBA with specialization in real estate (which includes rigorous electives on real estate finance and analysis), in addition to its general online MBA program. Applicants should be able to demonstrate extensive professional experience and/or excellence and leadership in their previous academic work.

  • Location: Tallahassee, Florida
  • Acceptance rate: 63%
  • Average GMAT score: 560
  • Graduate enrollment: 599
  • Tuition per credit: $810

20) James Madison University

JMU offers three MBA concentrations: executive leadership (for tenured professionals seeking to enhance their skill sets), information security (for managers aiming to lead information security teams), and innovation (for professionals seeking to lead innovation in an organization). All three are delivered in a hybrid format with online coursework and in-person residencies. including an optional global residency.

  • Location: Harrisonburg, Virginia
  • Average GMAT score: 605
  • Average undergrad GPA: 3.1
  • Graduate enrollment: 171
  • Tuition per credit: $1,000

Best Online MBA Programs – Further Reading

Hopefully, this list has been helpful as you continue your search for the right online MBA. All in all, an online MBA program can be perfect for professionals with busy schedules and tight budgets who are looking to advance their careers. For more on how to get into top business schools, consider reading about the top feeders into MBA programs or the best Doctor of Business Administration Programs . Click here for the Average GMAT Score by School . Looking for more information on preparing for grad school applications more generally? Check out our articles on the top 130 GRE vocabulary words and how to study, or  GMAT vs GRE .

  • Graduate School Admissions

Sarah Mininsohn

With a BA from Wesleyan University and an MFA from the University of Illinois at Urbana-Champaign, Sarah is a writer, educator, and artist. She served as a graduate instructor at the University of Illinois, a tutor at St Peter’s School in Philadelphia, and an academic writing tutor and thesis mentor at Wesleyan’s Writing Workshop.

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2024 Nestlé Health Science MBA Marketing Summer Associate

  • Share This: Share 2024 Nestlé Health Science MBA Marketing Summer Associate on Facebook Share 2024 Nestlé Health Science MBA Marketing Summer Associate on LinkedIn Share 2024 Nestlé Health Science MBA Marketing Summer Associate on X

What to expect:

At Nestlé, the marketing team delivers over 2,000 leading brands that improve consumers’ lives every day. The Marketing Summer Associate Program, introduces first-year MBA students to brand building at the world’s largest food company and sets the standard for a growing marketing career.

The 10-week internship assigns Marketing Summer Associates to a Nestlé Health Science brand and requires you to demonstrate your analytical expertise to provide a solution to a real-life problem facing our business and consumers. By activating distinct consumer insights, you drive business performance and grow brand equity. Summer Associates are empowered to partner with marketing specialists to tackle complex business challenges and provide recommendations to senior leaders. Your project is crafted to address strategic business opportunities and drive your marketing team towards success in the short and long-term future.

Fueled by a growth mindset, along with a shared love of health and wellness, we’re seeking students with demonstrated leadership skills, strong analytical knowledge, communication expertise, and a passion for working in a collaborative team environment. You can anticipate receiving developmental feedback throughout the duration of your internship with the expectation of building lasting relationships. The internship culminates into a final project showcase to senior leaders highlighting your recommendation to the business. Upon program completion, Marketing Summer Associates return to school with best-in-class marketing expertise and a detailed understanding of operating in a business environment as a professional marketer.

Where you Work:

This assignment will be remote, with planned travel to one of our Headquarter offices occurring 2-3 times throughout the summer

After your Internship:

The internship feeds directly into our Brand Marketing Associate position and participants may receive a full-time offer to join the organization following the completion of the internship. We invite you to challenge the traditional ways of working, provide innovative ideas, and improve processes.

Education Requirements:

  • Currently enrolled in a Master of Business Administration (MBA) or Master of Science (MS) program with an emphasis in Marketing, Marketing Communications, Brand Management, Innovation Entrepreneurship, Entrepreneurship or Strategic Management.
  • Master of Business Administration (MBA) or Master of Science degree completed by June 2025.

Professional & Leadership Requirements:

  • You possess resourcefulness and an entrepreneurial spirit combined with a passion for seeking out solutions to win with the consumer.
  • Leadership in an extracurricular activity, organization, or in previous professional positions.

Knowledge & Skills:

  • Strong written and verbal communication skills.
  • Possess excellent analytical skills and ability to utilize basic Excel functions.
  • Comfortable working in independent and team settings.
  • Ability to deliver results in a fast-paced, complex environment.

Other Requirements:

  • You are available for a ten-week internship starting June 2024.

Additional Perks:

  • Mentorship and guidance from experienced marketing leaders.
  • Immersion into a dynamic and collaborative work culture with diverse colleagues who share a love of food.
  • Potential full-time career opportunity at Nestlé Health Science
  • Opportunity to network with various divisions and employees across the company.

The Nestlé Companies are equal opportunity and affirmative action employers and are looking for diversity in candidates for employment.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

The approximate pay rate for this position is $45 per hour. Please note that the pay rate provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including but not limited to knowledge, skills and abilities as well as geographic location.

Connect with us:

Contact us: 9a-5p, M-F | 134 Mary Gates Hall | Seattle, WA 98195 | (206) 543-0535 tel | [email protected]

The Division of Student Life acknowledges the Coast Salish people of this land, the land which touches the shared waters of all tribes and bands within the Suquamish, Tulalip, and Muckleshoot Nations. Student Life is committed to developing and maintaining an inclusive climate that honors the diverse array of students, faculty, and staff. We strive to provide pathways for success and to purposefully confront and dismantle existing physical, social, and psychological barriers for minoritized students and communities. We engage in this work while learning and demonstrating cultural humility.

IMAGES

  1. MBA assignment about Management Skills & Entrepreneurship

    entrepreneurship assignment for mba students

  2. Sample Entrepreneurship Business plan for students

    entrepreneurship assignment for mba students

  3. Introduction to Entrepreneurship Course

    entrepreneurship assignment for mba students

  4. How to Answer Case Study Questions In MBA?

    entrepreneurship assignment for mba students

  5. Entrepreneurship development assignment

    entrepreneurship assignment for mba students

  6. MBA115 Entrepreneurship 2020 assignment

    entrepreneurship assignment for mba students

VIDEO

  1. Entrepreneurship assignment group 5

  2. Marketing Assignment

  3. Entrepreneurship Assignment #amityuniversityjaipur #janta #motivation #engneering #entrepreneur

  4. Entrepreneurship development assignment 02 #entepreneurship #mba #svce #vtu

  5. NPTEL Week 6 Entrepreneurship assignment answer 2023 #nptel #swayam #nptelcourseanswers #answers

  6. Entrepreneurship development #video assignment -2# svce

COMMENTS

  1. 12 Easy Entrepreneurship Activities For Any Class (Plus ...

    Here are 12 hands-on activities and ideas, plus three free lessons, that you can use to integrate entrepreneurship skills into any CTE program. Get your free entrepreneurship lessons. 1. The Envelope Exercise. For this activity, print fake money and place small amounts in envelopes for individuals or small groups of students.

  2. Best entrepreneurship ideas after MBA

    In this article, the team at MBA Crystal Ball came up with some good business ideas that MBAs might find worth pursuing. Who knows, someone may go on to become another Elon Musk (PayPal, Tesla, SpaceX), Michael Bloomberg (media/data company Bloomberg), Phil Knight (Nike), or Scot McNealy (Sun Microsystems), all entrepreneurs with MBAs.

  3. 13 Class Activities To Stimulate Inventor Entrepreneurs

    1) The "If I Knew…". Exercise. "Each term, I end the class with the "If I knew" assignment. Students are asked to fill out a simple PowerPoint template that asks the following questions: When I signed up to take this class, I was expecting…. This is what I got out of the class…. If I had only known….

  4. 2022 Top Free Entrepreneurship Exercises

    "Your posts help me keep my students engaged - they and I thank you!" - ExEC Professor. Based on the popularity of our 2019 Top 5 Lesson Plans and 2020 Top 5 Lesson Plans articles, here is the list of our 2021 top entrepreneurship exercises and lesson plans based on feedback from our fast-growing community of thousands of entrepreneurship instructors.

  5. How to Inspire Entrepreneurial Thinking in Your Students

    This reflects a key component of the entrepreneurial mindset— the ability to view mistakes as opportunities. In your classroom: Build into your course some opportunities for students to make mistakes. Show them how mistakes are an opportunity to learn and improve. In entrepreneurship speak, this is called a "pivot.".

  6. 1.1: Chapter 1

    Examples of Definitions of Entrepreneurship. Entrepreneurship can be defined as a field of business that. seeks to understand how opportunities to create something new (e.g., new products or services, new markets, new production processes or raw materials, new ways of organizing existing technologies) arise and are discovered or created by specific persons, who then use various means to ...

  7. Entrepreneurship & Innovation

    HBS students can join the Entrepreneurship Club, Entrepreneurship through Acquisition Club (ETA), as well as the industry-focused student clubs. ETA hosts an annual conference in December. There is also an Entrepreneurship Forum, a group of 8-10 RC students for bi-weekly sessions focused on feedback and support.

  8. Introduction to Entrepreneurship

    Learn about entrepreneurship and what makes entrepreneurs successful, all while developing your entrepreneurial skills. About the Contributors Editor. Katherine Carpenter (Cochrane) has an MBA from the University of Victoria and has been a full-time Faculty Member with Kwantlen Polytechnic University since 2020. Katherine has over 12 years of ...

  9. Entrepreneurship

    Faculty & Research. Our world-class Entrepreneurship faculty are the thought leaders with deep understanding of the startup experience necessary to test, launch, and scale new ventures. They author cases used in business schools around the world and bring those same case protagonists into the classroom to share their real-world experience.

  10. Programs & Resources

    Discover programs, courses, and resources to help guide you through your HBS entrepreneurial journey. More than 50 percent of our graduates create ventures in a quest to change the world. The Rock Center provides unrivaled support as our alumni transform the entrepreneurial landscape by founding, joining, and investing in innovative companies ...

  11. Research Guides: MBAB 5P23: Entrepreneurship: Business Plans

    Prepared by Rick Borchardt, Master of Business Administration, The College of St. Scholastica. Business plans in physiotherapy:a practical guide for the non specialist. Physical therapy reviews, 2011-06-01, Vol.16 (3), p.210-227. The sample business plan for Physio Kids (a hypothetical new paediatric physiotherapy clinic service) is presented ...

  12. Launching Your Future: Entrepreneurship Ideas for MBA Grads

    June 7, 2023. After you earn your MBA, starting your own business can be an exciting way to launch your career path. However, building a successful business can be a struggle for many new entrepreneurs. Not only do you have to think about the product or service you want to offer, but you must also find a way to set yourself apart from the ...

  13. Entrepreneurship Case Studies

    A full-time MBA program for mid-career leaders eager to dedicate one year of discovery for a lifetime of impact. MIT Executive MBA. ... Learn more about entrepreneurship at MIT. The Mission. The mission of the MIT Sloan School of Management is to develop principled, innovative leaders who improve the world and to generate ideas that advance ...

  14. 6 Favorite Business Simulations to Teach—and Why

    Let's get into the list of favorite simulation experiences and how they help shape our future leaders. These simulations span disciplines, from analytics and IT management to innovation, entrepreneurship, and leadership. 1. Conscious Capitalism—Bikes. Bindu Agrawal, professor of entrepreneurship, Sri Sri University in India.

  15. 80 Best Entrepreneurship Assignment Topics

    As long as some ideas must be promoted, the students are free to examine the challenges of entrepreneurship. As a way to help you achieve success, take a look at the 80 assignment topics on entrepreneurship that have been divided by subject. 80 Inspiring Entrepreneurship Topics by Categories 💰 Small Business Entrepreneurship

  16. Using a Business Proposal to Develop Students' Problem-Solving Skills

    Students' perceptions. Students' reflective essays indicated they the business proposal assignment was effective for the development of soft skills: teamwork, interviewing skills, entrepreneurship, creativity, communication, leadership, and collaboration, and team commitment.

  17. Entrepreneurship Assignment Topics for MBA Students

    In MBA, students need to submit some reports related to entrepreneurship assignments with a huge word count. For examples of the entrepreneurship report topics, there is the acquisition-related activities in Nigeria, strategic management for the small-scale businesses, how small-scale businesses or entrepreneurs can change the scenario of ...

  18. MBA Research Topics In Business (+ Free Webinar)

    Here, we'll explore a variety of research ideas and topic thought-starters for management-related research degrees (MBAs/DBAs, etc.). These research topics span management strategy, HR, finance, operations, international business and leadership. NB - This is just the start…. The topic ideation and evaluation process has multiple steps.

  19. Entrepreneurship assignment for MBA

    Entrepreneurship assignment for MBA. Assignment of MBA 2nd semester student for entrepreneuship. Course. Master in Business Management (MBA111) 866 Documents. Students shared 866 documents in this course. University Amity University. Academic year: 2020/2021. Uploaded by:

  20. Best Entrepreneurship Activities for Your Classes

    7. Brainstorming 180 degrees. Reverse brainstorming is an excellent activity for developing problem-solving and creative thinking skills. Start by presenting a problem to the students, such as studying in a noisy library. Instead of brainstorming solutions, ask the students to brainstorm ways to improve the situation.

  21. 46 Best Startup Ideas for Students

    Notably, in the US, cleaning business owners make $127,973 per year on average, making this a lucrative business for students. 25. Moving Company. If you ask people if they enjoy moving, most will answer with a firm "no.". That can make a moving company startup a potentially lucrative business idea.

  22. INNOVATION AND ENTREPRENEURSHIP Assignment

    Entrepreneurship approaches and innovation can give an opportunity of developing new sources that go beyond the mainstream thinking of creating value chain. Innovation and Entrepreneurship bring about many small changes within the organisation that tend to improvise the performance of the individuals and the whole system.

  23. 50 Super Free Resources for MBA Students

    Google Scholar: If you need academic resources for a paper or your research, Google Scholar is a great free resource. Financial Times: FT is one of the world's largest international newspaper, with a strong focus on business, economics, and, of course, finance. American Marketing Association: You'll need a subscription to access every ...

  24. Best Online MBA Programs

    16) University of Wisconsin MBA Consortium. In addition to its program in General Management, the University of Wisconsin MBA Consortium offers a 36-credit MBA in Healthcare Management. Both of these options are 100% online, highly personalized, taught by Ph.D.-qualified faculty, and can be completed in 2.5-to-3 years.

  25. 2024 Nestlé Health Science MBA Marketing Summer Associate

    What to expect: At Nestlé, the marketing team delivers over 2,000 leading brands that improve consumers' lives every day. The Marketing Summer Associate Program, introduces first-year MBA students to brand building at the world's largest food company and sets the standard for a growing marketing career.