COLLEGE OF BUSINESS
Curriculum Committee
September 22, 2009
Page 1 of 4
2009-10 #3
Department of Management
New course: Page 81, 2009-10 Undergraduate Catalog
CIP: 52.01
320. FOUNDATIONS OF BUSINESS AND ENTREPRENEURSHIP (3). Identify and
understand the functions within and environments of commercial enterprises in the context of
entrepreneurial ventures. Topics include, but are not limited to, idea generation and evaluation,
new venture creation, enterprise functions, the entrepreneur, corporate entrepreneurship,
organizational ethics, and related topics. Not open to business majors. PRQ: ACCY 206 and
ACCY 207 or ACCY 288 or consent of department.
Rationale: The course will introduce non-business majors to the broad contexts of business enterprises for
entrepreneurial venture and to their inner workings. Understanding and appreciating the various aspects of an
organization are emphasized, with the intent to develop students’ abilities to recognize new ventures opportunities,
develop creative approaches to pursue entrepreneurial activities, evaluate the profit-potential of new business ideas,
and identify the resources and strategies necessary to create a successful new venture in a variety of contexts,
including corporate, small business, and the family run business. With a fuller understanding of commercial
enterprises and the entrepreneurial process, students will be able to strengthen their capabilities to organize and
participate in a variety of ventures.
With regard to duplication: A review of the catalog found no potential for duplication.
New course: Page 81, 2009-10 Undergraduate Catalog
CIP: 52.01
427. ENTREPRENEURSHIP AND BUSINESS MODELS (3). Introduction and exploration to
traditional and innovative venture practices combined to describe and define an enterprise.
Topics would include but are not limited to the value proposition offered, market drivers chosen,
and revenue generation options to launch and sustain enterprises. PRQ: MGMT 327 or consent of
department.
Rationale: The course will enable students to recognize, evaluate, and choose or devise an array of venture
practices critical for success given the competitive intensity and context for recognized business concepts. Students
would gain insight into commercial, social, and technological factors to leverage for more effective venture
outcomes.
With regard to duplication: A review of the catalog found no potential for duplication.
Course revision: Page 81, 2009-10 Undergraduate Catalog
327. CREATIVITY, INNOVATION, AND ENTREPRENEURSHIP (3). … CRQ: UBUS 310 or
MGMT 320 or consent of department.
Rationale: To ensure proper preparation of all students regardless of major for successful completion of MGMT
327.
COLLEGE OF BUSINESS
Curriculum Committee
September 22, 2009
Page 2 of 4
2009-10 #3
Course revision: Page 81, 2009-10 Undergraduate Catalog
437. ENTREPRENEURSHIP (3). … PRQ: Grade of C or better in UBUS 310 and UBUS 311 or
grade of C or better in MGMT 217, MGMT 333, MKTG 310, and FINA 320, MGMT 427 or
consent of department.
Rationale: To ensure proper preparation of all students regardless of major for successful completion of MGMT
437.
Other catalog change: Page 80, 2009-10 Undergraduate Catalog
Major in Management (B.S.)
↓
Emphasis 1. Organizational Management
↓
One of the following (3)
↓
MGMT 327 – Creativity, Innovation, and Entrepreneurship (3)
MGMT 437 – Entrepreneurship (3)
MGMT 448 –Employment Law (3)
↓
Rationale: To ensure currency in the Organizational Management requirements.
Other catalog change: Page 80, 2009-10 Undergraduate Catalog
Minor in Business Innovation and Entrepreneurship
The minor in business innovation and entrepreneurship is available to NIU undergraduate
students in good academic standing. Students with a major in Management may take a minor in
business innovation and entrepreneurship. Retention in the business innovation and
entrepreneurship minor is competitive based on the student’s overall GPA and a C or better in all
courses in the minor.
Students must complete an application for the business innovation and entrepreneurship minor by
the semester deadline. Applications and deadline dates are available in the Department of
Management.
Requirements (15-24)
ACCY 288 - Fundamentals of Accounting1 (3)
or ACCY 206 - Introductory Financial Accounting (3) and
ACCY 207 - Introductory Cost Management (3)
MGMT 320 - Foundations of Business and Entrepreneurship1 (3)
or UBUS 310 - Business Core: Lecture (9)
MGMT 327 - Creativity, Innovation, and Entrepreneurship (3)
MGMT 427 - Entrepreneurship and Business Models (3)
MGMT 437 - Entrepreneurship (3)
COLLEGE OF BUSINESS
Curriculum Committee
September 22, 2009
Page 3 of 4
2009-10 #3
One of the Following (3)
ACCY 306 - Financial Accounting Information for Business Decisions (3)
ACCY 307 - Managerial Accounting Information for Decisions and Control (3)
ACCY 309 - A Survey of Income Taxes (3)
FINA 320 - Principles of Finance1 (3)
MGMT 333 - Principles of Management1 (3)
MGMT 335 - Organizational Behavior (3)
MGMT 447 - Leadership (3)
MGMT 457 - Managerial Decision Making and Negotiation (3)
MKTG 310 - Principles of Marketing1 (3)
MKTG 325 - Buyer Behavior (3)
MKTG 365 - Principles of Retailing (3)
MKTG 425 - Services Marketing (3)
OMIS 338 - Principles of Operations Management1 (3)
OMIS 450 - Service Operations (3)
Footnote: 1Course not open to College of Business majors.
Rationale: Enrollments in entrepreneurship offerings have risen steadily throughout the U.S. and among NIU
undergraduate business students since 2004. Over 40 percent of all new NIU freshmen have reported plans to
launch a business during their careers (Freshman Survey, Office of Institutional Research, Fall 2008). This minor
will allow them to gain business knowledge to realize their career intentions and complement their major courses of
study.
Other catalog change: Page 80, 2009-10 Undergraduate Catalog
Certificate of Undergraduate Study in Social Entrepreneurship
This certificate is designed to provide College of Business students with a set of courses focused
on social entrepreneurship. This certificate will help students develop the entrepreneurial skills
related to the unique features of building and sustaining ventures to generate economic, social,
and environmental change and the role of microfinance organizations.
Admission to the certificate program is competitive. Students interested in the certificate should
fill out and submit an application to the Department of Management located in Barsema Hall 245.
Applications are available in the Management Department office or online at www.cob.niu.edu/
mgmt/SocialEntrepreneurshipCertificate.pdf.
A grade of C or above must be earned in all of the certificate courses. Only courses taken at NIU
may be applied toward the certificate. Some of the courses may, with the approval of the major
department, be applied toward an undergraduate major.
Certificate Requirements (9)
MGMT 311, Social Entrepreneurship (3)
MGMT 327, Creativity, Innovation, and Entrepreneurship (3)
MGMT 411, Entrepreneurship in Microfinance Organizations (3)
COLLEGE OF BUSINESS
Curriculum Committee
September 22, 2009
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2009-10 #3
Direct any questions regarding this certificate to Tina Alvarado, Management Academic Advisor
at calvarado@niu.edu or (815) 753-6195.
Rationale: The certificate provides College of Business students with a set of courses to provide the academic
background necessary to prepare students for pursuing opportunities in social entrepreneurship.