COLLEGE OF BUSINESS Curriculum Committee January 27, 2009 Page 1 of 2 2008-09 #8 Department of Management New Course: Page 77, 2008-2009 Undergraduate Catalog CIP: 52.01 311. SOCIAL ENTREPRENEURSHIP (3). Examination of the factors that support the development and growth of sustainable ventures to generate economic, social, and environmental change, including understanding the social value proposition, sustainable business models, and management practices related to resource acquisition, organization, and performance management frameworks. PRQ: Junior or senior standing, or consent of department. Rationale: Social entrepreneurship applies entrepreneurship principles in order to create, organize, and manage ventures to make social change. An emerging field of study in undergraduate and graduate business programs, the social entrepreneurship area is a response to the need for the development of sustainable and economically sound organizations to address societal needs. In this course, students will develop and apply entrepreneurial principles to identifying need for economic, social, and environmental change, creating opportunities to solve societal problems, developing sustainable business models, understanding and exploiting financial structures to support the venture, and organizing to grow the venture. This course will help students develop the entrepreneurial skills related to the unique features of building and sustaining ventures to generate economic, social, and environmental change. In addition, students will develop a unique perspective on the corporate social responsibility initiatives of private companies. This course has been offered as a special topics course, and the department would like to offer it on a regular basis. Duplication check: Departments that have been contacted with regard to duplication of content: Sociology and Political Science. Both departments reported there is no issue with duplication. New Course: Page 77, 2008-2009 Undergraduate Catalog CIP: 52.01 411. ENTREPRENEURSHIP IN MICROFINANCE ORGANIZATIONS (3). Study of the purposes, management, and effects of microfinance organizations. Topics to be covered include a review of current status of microfinance organizations, clients, management and operational issues, evaluation of different microfinance organizations and models, and sustainability. PRQ: MGMT 311 or consent of department. Rationale: In this course, the application of entrepreneurship and management principles in microfinance organizations in order to help eradicate poverty by creating jobs, stimulate small businesses, and strengthen communities among the poor will be studied. Microfinance organizations provide access to financial services to those living in poverty who are not served by traditional financial institutions, such as commercial banks. Having access to financial services such as microloans allows entrepreneurs in COLLEGE OF BUSINESS Curriculum Committee January 27, 2009 Page 2 of 2 2008-09 #8 developing countries to start, or continue to operate, an income-generating business in order to lift themselves from poverty. The number of microfinance organizations is growing rapidly in a response to the need for sustainable and credible organizations to address societal issues such as poverty, gender equality, health, and education. In this course, students will develop and apply knowledge and skills related to microfinance lending models, beginning and growing small business enterprises in the developing world, empowering women to become entrepreneurs, group lending, profitability and sustainability of the microfinance organization. This course will also help students develop a unique set of skills related to the building of successful entrepreneurial ventures to serve the “bottom of the pyramid.” This course has been offered as a special topics course, and the department would like to offer it on a regular basis. Duplication check: Departments that have been contacted with regard to duplication of content: N/A