The HWS Entrepreneurial Studies Minor prepares students to become resourceful innovators and well-rounded leaders. With an emphasis on the conceptual understanding, practical skills and ethical structure necessary for business or civic leadership, the Entrepreneurial Studies Minor attempts to ignite new ventures and while cultivating agents of change across a wide-range of causes and careers.
These future leaders and startup founders explore and hone the analytical and critical thinking skills of a liberal arts education as they stoke their passions and cultivate their ideas – whether launching for-profit ventures, creating non-profit enterprises, or leading innovation within existing organizations.
Requirements for the Entrepreneurial Studies Minor
interdisciplinary, 7 courses
- Four required core classes:
- ENTR 101 Entrepreneurial Leadership As technology and globalization continue to spur interconnectedness, leaders must navigate tumultuous environments where change is rapid, discontinuous and unpredictable. Innovation, ingenuity and an ability to add value by solving problems are necessary. This course will examine the attributes required of successful entrepreneurs in contemporary leadership roles. Students will learn how to take an idea to impact. They will consider important concepts, such as ethics, sustainability, economic Darwinism, and managing uncertainty. They will discuss product invention, service implementation, economic choice, risk and return, scale and scope, value creation, and small business generation. As a significant course assignment, students will develop a strategic plan for a product, service or startup or organization that is worthy of implementation.
- ENTR 120 Economic Principles for the Entrepreneur The course seeks to provide students with the foundational understanding of microeconomic theory necessary to pursue entrepreneurial enterprises in contemporary markets. Students will acquire the analytical tools for solving complex organizational or policy issues. Key topics will include: economic principles guiding various types of organizations; rational behavior; competition vs. monopoly power; simple game theory; pricing strategies; and production costs and behavior in the short and long-term. This course will be more applied than a traditional intro to economics class, relying on entrepreneurial case studies and news reports as appropriate.
- ENTR 201 Quantitative Tools for the Entrepreneur This course teaches the basic accounting, statistical, and Excel skills necessary for success in the Entrepreneurial minor. All of the examples will be done using Excel. The accounting techniques covered will include: accounting terminology; the accounting equation; how to prepare and analyze financial statements (the balance sheet, income statement, and statement of cash flows); operational costing considerations; cost behavior and cost-volume-profit analysis; differential analysis and product pricing; and budgeting. The statistical concepts which will be covered include: data collection; basic measures of summarizing data; presenting data in tables and charts; hypothesis formulation and testing; sampling techniques; normal distributions; and simple regression techniques.
- ENTR 400 Senior Capstone Students in this senior capstone experience will identify and tackle a real-life challenge in the social, economic and global environment using skills developed in other courses in the minor (and likely from their major). Capstone projects could include the development and launch of a product, service or organization (for-profit or non-profit).
- One ethics class, which can be taken from departments across campus that challenges students to think both globally and locally about the impact of enterprises on society.
- Two Electives from two different departments. As an interdisciplinary minor students are asked to take two courses from the list below.
Elective Course List
If you'd like to view a full listing of our course options in Entrepreneurial Studies or any other subject, please visit the Online Course Catalogue.
Exploring Social Innovation
Like most educators, Assistant Professor of Entrepreneurial Studies Craig Talmage had to make some adjustments to his “Social Innovation for the Entrepreneur” course this spring when the coronavirus shut down…
Wright '20 Wins State-Wide Business Plan Competition
Nicole Wright '20, a volunteer firefighter for the Hydrant Hose Company in Geneva, N.Y., and winner of the 2020 Pitch competition, has won the MWBE Award for the 2020 Military &…
President Jacobsen and Professor Drennen Elected Honorary Class Members
In keeping with annual traditions, Hobart and William Smith seniors have named two honorary members of the Classes of 2020: HWS President Joyce P. Jacobsen and Professor of Economics and…
Tom Drennen, Chair
Geneva, NY 14456
P: (315) 781-3419