Florida State University 2008-2009 General Bulletin Undergraduate Edition
Major in Entrepreneurship and Small Business Management
College of Business
Director and Jim Moran Professor of Entrepreneurship: Jerome S. Osteryoung; Jim Moran Professors of Business Administration: Hochwarter, Ranft; Professors: Combs, Osteryoung; Associate Professor: Ranft; Assistant Professor: Holcomb; Assistant in Entrepreneurship: Presnell
The undergraduate major in entrepreneurship and small business management (ESBM) is designed for those who want to learn more about entrepreneurial and small business fundamentals and concepts. Students admitted into this major will participate in courses and seminars staffed by faculty members, as well as entrepreneurs and small business owners/managers. Students will have opportunities to learn firsthand what is needed to start a new business venture, as well as run an existing business.
The purpose of the ESBM major is to give students the knowledge, skills, and confidence to start or run their own business.
Students who successfully complete the ESBM major will receive a Bachelor of Science (BS) degree in business administration with a major in entrepreneurship and small business management. They may also choose to double major by completing a major in any of the functional academic areas in the College of Business.
Students seeking the ESBM major first must be admitted to the College of Business. The final decision regarding admission to the ESBM major will be based on a student's written application to the ESBM curriculum director. Students may apply each Fall and Spring semester. Information regarding admissions can be obtained from the College of Business Undergraduate Programs Office (RBB 328).
Computer Skills Competency
All undergraduates at Florida State University must demonstrate basic computer skills competency prior to graduation. As necessary computer competency skills vary from discipline to discipline, each major determines the courses needed to satisfy this requirement. Undergraduate majors in entrepreneurship and small business management satisfy this requirement by earning a grade of "C–" or higher in CGS 2100.
State of Florida Common Program Prerequisites
The State of Florida has identified common course prerequisites for this University degree program. Specific prerequisites are required for admission into the upper-division program and must be completed by the student at either a community college or a state university prior to being admitted to this program. Students may be admitted into the University without completing the prerequisites, but may not be admitted into the program.
The following lists the common prerequisites or their substitutions necessary for admission into this upper-division degree program:
- ACG X021 or ACG X001 and ACG X011
- ACG X071
- CGS X100* or CGS X100C*
- ECO X013
- ECO X023
- MAC X233 or MAC X230
- STA X023 or STA X122 or QMB X100
Note: Courses marked with an asterisk (*) have at least one acceptable substitute. Please visit http://facts23.facts.org/cpp/transition/alpha_index_2008.htm for a current list of approved substitutes.
Requirements for a Major in Entrepreneurship and Small Business Management
All students must complete: 1) the University-wide baccalaureate degree requirements summarized in the "Undergraduate Degree Requirements" chapter of this General Bulletin; 2) the State of Florida common prerequisites for entrepreneurship and small business management majors; 3) the general business core requirements for entrepreneurship and small business management majors; 4) the general business breadth requirements for entrepreneurship and small business management majors; and 5) the major area requirements for entrepreneurship and small business management majors.
Note: To be eligible to pursue an entrepreneurship and small business management major, students must meet the admission requirements of the College of Business. These admission requirements are described in the "College of Business" chapter of this General Bulletin.
General Business Core Requirements
All entrepreneurship and small business management majors must complete the following five (5) courses. A grade of "C–" or better must be earned in each course.
BUL 3310 The Legal Environment of Business (3)
FIN 3403 Financial Management of the Firm (3)
GEB 3213 Business Communication (3)
MAN 3240 Organizational Behavior (3)
MAR 3023 Basic Marketing Concepts (3)
General Business Breadth Requirements
All entrepreneurship and small business management majors must complete five (5) courses as follows. Each course selected must be completed with a grade of "C–" or better. No course may be used to satisfy part of the general business breadth requirements and part of the major area requirements.
ISM 3003 Foundations of Management Information Systems (3)
QMB 3200 Quantitative Methods for Business Decisions (3)
Plus three (3) electives from the following list of courses:
FIN 3244 Financial Markets, Institutions, and International Finance Systems (3)
HFT 3240 Managing Service Organizations (3)
MAN 3504 Services Operations Management (3)
MAN 3600 Multinational Business Operations (3)
MAN 4720 Strategic Management and Business Policy (3)
MAR 3400 Professional Selling (3)
REE 3043 Real Estate (3)
RMI 3011 Risk Management/Insurance (3)
Major Area Requirements
All entrepreneurship and small business management majors must complete eight (8) courses as listed below. A grade of "C–" or better must be earned in each course used to satisfy the entrepreneurship and small business management major area requirements. No course may be used to satisfy part of the major area requirements and part of the general business breadth requirements.
GEB 3130 Introduction to Entrepreneurship and Small Business Management (3)
GEB 4110 Business Plan Development (3)
GEB 4113 Managing the Small to Mid-Sized Company (3)
GEB 4131 Entrepreneurial Seminar (3)
Plus four (4) electives from the following list of courses:
ACG 3171 Analysis of Financial Statement Presentation (3)
ACG 3331 Cost Accounting and Analysis for Business Decisions (3)
FIN 4424 Problems in Financial Management (3)
GEB 4104 Seminar in Small Business Analysis and Assistance (3)
HFT 3000 Introduction to Hospitality and Tourism Management (3)
MAN 3504 Services Operations Management (3)
MAN 4301 Human Resource Management (3)
MAR 3323 Promotional Management (3)
MAR 3461 Principles of Purchasing (3)
MAR 4403 Sales Management (3)
REE 3043 Real Estate (3)
Definition of Prefix
GEB—General Business
Undergraduate Courses
Note: The following listed courses are restricted to ESBM majors only.
GEB 3130. Introduction to Entrepreneurship (3). Prerequisites: BUL 3310, MAN 3240, MAR 3023, and admission to the ESBM major. Exposes students to the knowledge and skills required to be a successful entrepreneur. Topics include: challenges of entrepreneurship, marketing and financial concerns, and management issues. Students will have the opportunity to interact with local entrepreneurs and to complete a feasibility study for their future business.
GEB 4104. Seminar in Small Business Analysis and Assistance (3). Prerequisite: GEB 4113 and instructor permission. The course is comprised of selected seminars complemented by a 10-week, two-student consulting team working with a local-area entrepreneurial client. The course offers closely supervised consultation and culminates with the creation of a comprehensive consulting report provided for each client.
GEB 4110. Business Plan Development (3). Prerequisite: GEB 4113. Students have the opportunity to complete a business plan for the creation of a new venture. In the process of development, they will identify new or emerging opportunities for providing goods or services, demonstrate the need for such goods or services through market research, and develop financial statements for the proposed venture.
GEB 4113. Managing the Small to Mid-Sized Company (3). Prerequisite: GEB 3130. This course addresses the management of rapidly growing entrepreneurial firms. Topics will include building an infrastructure, planning stage financing, managing under adversity, and managing a business with rapid growth.
GEB 4131. Entrepreneurial Seminar (3). Prerequisite: GEB 4113. Focus on the financial strategies for survival and expansion of existing entrepreneurial businesses, as well as for developing new business ventures.
GEB 4930r. Special Topics in Business (1–3). The content of this course varies to provide an opportunity to study current issues in business and topics not covered in other courses. May be repeated to a maximum of nine (9) semester hours as content varies. Prerequisites may vary as content varies; contact the department for further information.