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Minor in
Entrepreneurship

This minor equips you with the mindset and fundamental skills to identify opportunities, launch new ventures, and drive innovation within any organization. It provides a practical framework for turning creative ideas into viable, real-world businesses or projects.

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Programme Structure

A minor is an optional subject of specialisation within the undergraduate degree, outside of the undergraduate major course of study, consisting of at least 12 US / 48 UK credits, from FHEQ Levels 4-6, with at least 2 courses from L5/L6. Undergraduates who add a minor to their major degree programme will normally need to complete more than the minimum 120 US/480 UK credits required for graduation. No more than one course (4 US/ 16 UK credits) may overlap within a degree between a student’s major, Liberal Arts Core and any minor. Students must follow the minor requirements for their academic year of admission, or the year of the introduction of the minor, if this is later than the year of admission. Upon graduation, any minor successfully completed is recorded on the student transcript alongside the major.

Minor in Entrepreneurship Programme Specification

US Credits

UK Credits
  • ENTR 4101 Introduction to Entrepreneurship

    This module provides students with an introduction to various economic and financial concepts, demonstrating how these can be applied to better comprehend the world around them. It enhances students’ understanding of the external factors that influence businesses, as well as financial aspects that are significant within a business context. It starts with an understanding of economic thought and development, and it expands on modern economic and financial issues the firms face. It is a solid foundation course for the basic ideas and applications of economics and finance.

 4 16
  • ENTR 5102 New Venture Finance and Growth

    This course is designed to provide students with a more detailed understanding of what lies behind the establishment of a successful start-up venture.

    In the first part of the course, students will study the fundamentals that differentiate an idea from a subsequent business opportunity, namely the need for it to be desirable, feasible, and viable. Students will then further learn how to formally evaluate the potential of an idea using a feasibility assessment.

    The course will then progress by looking at the range of aspects that are then fundamental to the establishment and growth of a start-up enterprise, focussing variously on entrepreneurial financing, legal and IP protection, the establishment of entrepreneurial teams, and different modes of expansion and growth.

    This course will emphasise active learning involving case studies, simulations, and practical exercises. At the end of the course, students will be better positioned to understand how to effectively execute an entrepreneurial venture.

 4 16
  • ENTR 5101 Managing Innovation

    This module explores the critical aspects of managing innovation within organizations. Students will develop a comprehensive understanding of the innovation process, from idea generation to implementation and commercialization. The module will examine different types of innovation, the factors that drive successful innovation, and the challenges organizations face in managing innovation effectively. Through real-world case studies and practical exercises, students will gain insights into how companies foster a culture of innovation, manage innovation projects, and measure the impact of their innovation efforts.

 4 16
  • ENTR 6102 Entrepreneurship: Skills and Methods

    This module provides a critical examination of key entrepreneurial methodologies and frameworks underpinning successful entrepreneurial ventures in today’s dynamic business environment: an intersection between an entrepreneurial mindset, processes and technology.

    The course will explore methodologies such as Lean Startup, Business Model Canvas, Design Thinking, and Disciplined Entrepreneurship. Students will develop a theoretical and practical understanding of these approaches, analysing their application in diverse contexts. Through case studies and practical exercises, students will gain the skills to navigate the challenges of launching and scaling new ventures.

 4 16
  • ENTR 6101 Business Creativity

    This course develops the practical and creative skills of envisioning and identifying business opportunities.

    The course explores a range of approaches that support business ideation, from behavioural habits like questioning and noticing to cognitive techniques like systematic search, conceptual combination, analogical reasoning, and user perspective taking.

    Through this course, students will develop an awareness of the importance of innovation and creativity at the fuzzy front end of business processes. They will understand how business opportunities emerge at the confluence of contingency, prior knowledge, and individual cognitive processes. They will further understand the background importance of personal emotions and affect, alongside the external enablers of the time, to the wider ideation process.

    Across its content, this course will emphasise active learning involving case studies, simulations, and practical ideation exercises. At the end of the course, students will be better placed to undertake both product innovation and entrepreneurial idea generation.

 4 16
Total Minor Requirements 12 48

The University reserves the right to cancel or replace programmes and/or courses for which there is insufficient enrolment or concerns about academic standards, or for which the University cannot provide adequate teaching resources. Reasonable and appropriate effort is made to ensure that the content of courses corresponds with the descriptions in the University’s Programme and Course Listings.

For more detailed information on each of the course specifications, please visit our webpage here.

What is the Liberal Arts?

We understand that not everyone is familiar with the Liberal Arts education system. That is why we have produced a short guide explaining the structure at Richmond as well as the benefits.

THE LIBERAL ARTS
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