Purpose Of The Program

The purpose of the ME program is to provide a rigorous immersion into the nature of entrepreneurship and the entrepreneurial process. Core content is coupled with a strong commitment to experiential learning. Students are encouraged, but not required, to start a venture while in the program. The program is a component of the entrepreneurship emphasis at DSU as home to the School of Business and Entrepreneurship and the Small Business Development Center. It is targeted to students with a passion for entrepreneurship in for-profit, nonprofit, or public sector contexts.

Admissions Steps and Requirements

Step 1 – Become A Vip And Apply For Admission

Step 2 – Submit All Application Materials

  • Admission to the ME in the School of Business and Entrepreneurship at Dickinson State University requires a baccalaureate degree from a regionally accredited institution in the United States or its equivalent from a school in another country. Official, final and sealed transcripts must be submitted to the Office of Admissions.
  • Admission to the ME requires a minimum 3.0 grade-point average (GPA) on a 4.0 scale. Applicants with a GPA below a 3.0 may be admitted based on documented potential.

Statement Of Purpose

  • Applicants must submit a Statement of Purpose describing their interest entrepreneurship studies. Applicants will be judged on writing ability as well as statement content.

Letters Of Reference

  • Applicants must submit two letters of reference in support of their admission to the program. References letters should be from prior academic advisors, faculty, professional colleagues, or supervisors who can attest to the individual’s ability to succeed within a rigorous academic environment.

Entrance Exam

  • Applicants are required to complete the SoBE ME Peregrine Entrance Examination located at https://micro.peregrineacademics.com/dickinsonstateand pay the exam fee of $36. The password to access the entrance exam is DSUND-1001. The registration process will take five minutes, and the remaining exam questions will take approximately an hour.
  • To ensure student success within the ME program, students that do not meet the baseline score in business fundamentals will be required to complete academic leveling courses in the four fundamental content areas of accounting, finance, management, and marketing. Academic leveling courses are abbreviated, intensive study, on average one week in length per course, in the content area, and can be completed feasibly before full admission is granted. The cost of each leveling course is $49. Students can begin taking a leveling course immediately following the completion of the ME Peregrine Entrance Examination.

Full Acceptance

  • Application materials will be reviewed as they are received by the Chair of the School of Business and Entrepreneurship. Full acceptance is granted when a student has submitted all required documents and meets the admission criteria.

Conditional Acceptance

  • A student who does not meet the requirements for full acceptance into the Master of Entrepreneurship program may be considered for conditional acceptance for a period of time as determined by the Chair of the School of Business and Entrepreneurship.

Step 3 – Speak With An Advisor And Enroll

Your completed application will be forwarded to the School of Business and Entrepreneurship, you will receive communication about how to schedule a time to speak with an advisor and enroll in classes.

Curriculum

The Master of Entrepreneurship program consists of 30 credit hours. Incoming students who have taken equivalent graduate level courses can petition to substitute these for program requirements, but still must complete at least 21 hours within the program. To graduate from the ME program, students must achieve at least a 2.5 gpa and complete required coursework and electives with a grade of C or higher. 

Program Outcomes (developed to IACBE standard for possible future b-program accreditation):

  1. Students will develop the management skills required to craft and execute business strategy.
  2. Students will develop solutions to business challenges grounded by the theories, concepts, and practice of the discipline.
  3. Students will apply standards of legal and/or ethical behavior in business decision
  4. Students will develop research skills necessary to position a company to create competitive advantage.
  5. Students will demonstrate professional business communication appropriate to a variety of audiences. 

Required Courses and Electives:

Business Foundation (12 credit hours) 

  • BADM 501 Accounting and Budgeting- 3 credit hours
  • BADM 502 Business Finance- 3 credit hours
  • BADM 503 Advanced Managerial Theory- 3 credit hours
  • BADM 504 Entrepreneurial Marketing- 3 credit hours  

Entrepreneurial Core (12 credit hours) 

  • ENTR 501 Creativity and Innovation- 3 credit hours                          
  • ENTR 502 Ethics in Business and Entrepreneurship- 3 credit hours
  • ENTR 503 Strategic Management and Policy- 3 credit hours
  • ENTR 504 New Venture Feasibility and Design- 3 credit hours           

Electives: 6 credit hours (two courses) from the following list of courses offered as demanded. 

  • BADM 505 Research and Writing in Business- 3 credit hours
  • BADM 506 Human Capital Management- 3 credit hours
  • BADM 507 Quantitative Analysis for Business Decisions
  • ENTR 505 Technology Based Entrepreneurship- 3 credit hours
  • ENTR 506 Legal Aspects of Entrepreneurship- 3 credit hours
  • ENTR 507 Public Relations for Entrepreneurs- 3 credit hours
  • ENTR 508 Social Entrepreneurship- 3 credit hours 
  • ENTR 510 Special Topics in Entrepreneurship- 3 credit hours

Course Descriptions

BADM 501 Accounting and Budgeting An in-depth study of the use of accounting information by management in planning, controlling and decision-making. Emphasis will be on the preparation of operating budgets as well as using relevant information from management budget reports to make decisions about costing, pricing and related company processes. 

BADM 502 Business Finance An introduction to the management of assets and money. Topics covered include time value of money, risk/return models, security valuation, weighted average cost of capital, capital budgeting, capital structure, forecasting and dividend policy.

BADM 503 Advanced Managerial Theory An in-depth study of contemporary theories of management as they apply to critical aspects of leading an organizational endeavor. Structure and dynamics of organizational goals and environments will be analyzed. Students learn how to select and recruit a management team, how to design jobs and organization structure, motivate and incentivize employees, manage difficult people, and build high performance teams.

BADM 504 Entrepreneurial Marketing A study of the interplay of entrepreneurship and marketing concepts, including the role of marketing in entrepreneurial ventures. Emphasis is placed on how to address the modern marketing functions as they apply to emerging organizations.

BADM 505 Research and Writing in Business A review of current research that addresses important entrepreneurial questions. The course focuses on refining students’ skills in mapping out and writing research papers that explore and provide solutions to the issues students identify.  

BADM 506 Human Capital Management  A study of theory, research, and applications in the major areas of human resource management. Topics include human resource strategy, recruitment, selection, development, training, compensation, performance appraisal, retention, and legal issues in human resources.

BADM 507 Quantitative Analysis for Business Decisions An introduction to the quantitative tools for solving difficult business problems. Topics include the use of data and statistical methods, such as confidence intervals, hypothesis testing and linear regression to guide decisions. The course will also cover use of linear programming and the simplex method for maximization and minimization problems. 

ENTR 501 Creativity and Innovation A study of changing market demands, innovation, and new product development from the perspective of marketing management in a business organization. Emphasis is placed on innovation, opportunity identification and selection, new product ideation and concept evaluation, management of the new product process, new product design and development, and strategic launch planning. 

ENTR 502 Ethics in Business and Entrepreneurship A study of the social consequences of choice, reconciling conflicting obligations to different stakeholders, and the practical ethics of implementation and management. The course analyzes ethical dilemmas that a contemporary business would face. Topics include the role of business in society, the nature of corporate social responsibility, and the effect of technological, social, political, legal, economic, and environmental issues. 

ENTR 503 Strategic Management and Policy  An examination of key issues in formulating and implementing business and corporate strategies. The course will address the orientation of top management. Emphasis is placed on diagnosis of what is critical in complex business situations as well as realistic solutions to strategic and organizational problems. Students should take this course within the final two semesters of the program. Students will complete the outbound exam for the ME program as part of the course.  

ENTR 504 New Venture Feasibility and Design  An exploration of new venture feasibility and design techniques. Topics include business model tools, consumer needs assessment, and viable product or service creation. The course will require the development and pitch of a final business plan. Students should complete the business foundation prior to taking this course.

ENTR 505 Technology Based Entrepreneurship A study of technological progress as it pertains to economic growth. The course will examine how technology-based entrepreneurship is the link between technological breakthroughs and social value. The course will explore how general principles of technology-based entrepreneurship enhance the timing, impact, and success of entrepreneurial ventures.

ENTR 506 Legal Aspects of Entrepreneurship An examination of the issues that every entrepreneur should understand, from startup to IPO. Topics include legal concerns that arise when employees leave an employer to start a business, creating an appropriate ownership structure, product innovation, fiduciary responsibilities of management, funding the venture, contracting with vendors and customers, understanding responsibilities for hiring and retaining staff, and initial public offerings.

ENTR 507 Public Relations for Entrepreneurs A study of the theory, practice, and ethics of public relations across various contexts with emphasis on entrepreneurship. Topics include research, analysis, planning, tactics, and strategic communication for the development and implementation of a public relations campaign, including concepts of media targeting. Specific case studies in public relations will be examined.

ENTR 508 Social Entrepreneurship An advanced level examination of entrepreneurship in the social or non-profit sector. Investigation of issues surrounding creation and operation of new ventures that address social needs and opportunities. Explores the application of entrepreneurship concepts and principles in a social context.

ENTR 510 Special Topics in Entrepreneurship A uniquely-designed advanced topics course within a specific discipline. Course content and other related academic requirements to be determined by the instructor.

Sample Course Rotation

Course Rotations includes eight-week blocks during regular term and a five-week summer term:

*Depending on demand, new cohorts can enter every fall and spring. Entering during a summer cohort requires special permission.

Fall Semester 2019

  • BADM 501 Accounting and Budgeting
  • BADM 503 Advanced Managerial Theory
  • BADM 505 Research and Writing in Business

Spring Semester 2020

  • BADM 502 Business Finance
  • BADM 504 Entrepreneurial Marketing
  • ENTR 508 Social Entrepreneurship

Summer Semester 2020

  • ENTR 506 Legal Aspects of Entrepreneurship 

Fall Semester 2020                                

  • ENTR 501 Creativity and Innovation                                                          
  • ENTR 502 Ethics in Business and Entrepreneurship
  • ENTR 505 Technology Based Entrepreneurship

Spring Semester 2021

  • ENTR 503 Strategic Management and Policy
  • ENTR 504 New Venture Feasibility and Design
  • BADM 507 Quantitative Analysis for Business Decisions 

Summer Semester 2021

  • BADM 506 Human Capital Management
  • ENTR 507 Public Relations for Entrepreneurs- 3 credit hours
  • Float: ENTR 510 Special Topics in Entrepreneurship- 3 credit hours

Accreditation

The Master of Entrepreneurship is accredited by the Higher Learning Commission.