Entrepreneurship & Innovation Management

Learn more about the Bachelor of Business Administration in Entrepreneurship & Innovation Management.

Robert McNamee
Academic Director, Innovation & Entrepreneurship Programs

Erin McShea
Associate Director Student Engagement, Innovation & Entrepreneurship Programs
erin.mcshea@temple.edu
215-204-3082

Innovation and Entrepreneurship Institute (IEI)

Entrepreneurs are creative problem-solvers that are driven to have a big impact on the world. Many of Temple University's Entrepreneurial students start new businesses, including freelancing and consulting practices during or after college, but many more go on to work in exciting jobs with companies that realize the importance of innovation and the value of students who can think outside the box, recognize opportunities, and get the job done. If you never want to work in a cubicle, want a deep understanding of creative problem solving, innovation, and business strategy, and want to directly see the impact of your work, entrepreneurship may be for you. Our graduates have appeared in the "30 under 30," have founded companies among the fastest growing in Philadelphia, and have raised substantial funding as they launch and scale their ventures.

For students interested in Entrepreneurship and Innovation Management (EIM), we offer several academic options ranging from our undergraduate major, minor, and certificate to a General Education Human Behavior course (SGM 0827 Creativity and Organizational Innovation). Moreover, we offer a variety of extracurricular options from accelerator programs and co-working space in 1810 Liacouras Walk, to numerous free workshops, competitions, and mentoring that are open to students from across Temple University. Please check Innovation & Entrepreneurship Institute for details on all of our accelerator, co-curricula programs, and competitions. Note: Entrepreneurship courses are listed under the subject "Strategic Management" (SGM).

Through Temple's Entrepreneurship and Innovation Management programs you will learn how to be more creative, to recognize opportunities and generate innovations in all their forms, to create compelling value propositions, to quickly and cheaply test your ideas, to design your business model to drive critical outcomes, and plan/utilize your resources to their fullest. You will also be given the knowledge, tools, and hands-on experience necessary to launch and manage your own business or successfully take leadership roles in any organizations you work for or with.

The Entrepreneurship and Innovation Management major is a good choice for students who:

  • Would like to start a new business
  • Want to work in the dynamic and exciting environment of startup ventures or the entrepreneurial ecosystem
  • Want to have a positive social impact with a social venture, non-profit, or B-Corp (Benefit Corporation)
  • Would like to make a living doing consulting, freelancing, or gig work
  • Plan to assume responsibilities in a family business
  • Want to be a creative and productive member of an innovative, high-growth business


Practical Hands-On Curriculum with Unparalleled Co-Curricular Programming
The program is designed with a balance of theory (why) and practice (how), and our courses are taught by successful serial entrepreneurs, experienced venture capital executives, senior innovators, and successful executives who have turned ideas into reality across a wide range of contexts. Course work is closely tied to the co-curricular programs of the Innovation & Entrepreneurship Institute (IEI) like the Innovative Idea Competition (IIC) and Be Your Own Boss Bowl (BYOBB).

Entrepreneurial Internships
We want our Entrepreneurship and Innovation Management majors to have relevant business experience when they graduate. Thus, our program includes a required internship course SGM 3685 in which students will do an internship within a Startup as well as an optional internship SGM 3585 in which students can work in an accelerator, incubator, or other entrepreneurial support program that is part of the Philadelphia entrepreneurial ecosystem. We typically have 40 to 60 internships available at a given time and students can start as early as Freshman year gaining valuable experience. Both courses can be taken multiple times for credit.

Launch a Venture NOW!
While all our classes let students work on projects that move their ideas closer to market readiness, one popular class lets students actually launch a new venture while in school: SGM 3504 Ready, Fire, Aim: Launching a Profitable Micro-venture in 100 Days. We want to be able to say that all of our EIM graduates are already successful entrepreneurs, or even serial entrepreneurs, before they graduate.

Entrepreneurial Student Association (ESA)
We expect all EIM majors to be active members in the Entrepreneurial Student Association (ESA) where they can meet exciting Philly-based entrepreneurs and work on a variety of interesting projects with local companies and the community. 

The Entrepreneurship & Innovation Management academic programs are part of the department of Strategic Management: https://www.fox.temple.edu/departments/strategic-management/

Minor

Entrepreneurship & Innovation Management Minor

The EIM Minor can be a great fit for students in any college who wish to launch a new venture, social-impact company or non-profit, want to optimize their freelancing or gig business, or want to be high-impact/creative members of organizations that appreciate innovation and entrepreneurial thinking. The minor is appropriate for all Fox School majors interested in becoming high-potential, creative, and innovative employees as well as those who would like to launch a venture or work as part of the growing entrepreneurial ecosystem. The Minor is open to non-Fox students as well; although, many non-Fox student opt for the certificate. 

Requirements for the minor must be completed prior to graduation. Courses cannot be used to meet minor requirements if already used to meet the requirements for a major or a different minor.

Certificate

Certificate in Entrepreneurship & Innovation Management

The undergraduate EIM certificate is designed to be an efficient way for non-Fox students to learn critical entrepreneurial approaches and perspectives. The EIM Certificate is only nine credits and can be a great fit for students in any college who wish to launch a new venture, social-impact company or non-profit, want to optimize their freelancing or gig business, or want to be high-impact/creative members of organizations that appreciate innovation and entrepreneurial thinking.

The requirements for this certificate must be completed prior to graduation. Courses cannot be used to meet certificate requirements if already used to meet the requirements for a major or a different minor or certificate.

Graduate Programs

The Fox School of Business and Management runs a full portfolio of graduate courses and programs including: 1) the Master of Science in Innovation Management & Entrepreneurship, 2) MBA concentrations in Innovation Management, Strategic Management, or Entrepreneurship, and 3) post-baccalaureate certificates in Innovation Strategy, Entrepreneurship & Technology Commercialization, and Healthcare Innovation Management. We have a very diverse graduate student population that ranges from students directly out of undergraduate programs with no work experience to those with 15+ years of work experience. Students come from a range of disciplines ranging from technology fields to the arts to business to healthcare.

Summary of Requirements

University Requirements 

All new students are required to complete the university's General Education (GenEd) curriculum.

Note that students not continuously enrolled who have not been approved for a Leave of Absence or study elsewhere must follow University requirements current at the time of re-enrollment.

College Requirements

Students must meet College Graduation Requirements for the Bachelor of Business Administration, including the requirements of the major listed below. Students must attain an overall GPA of 2.0 or higher in the major and must maintain a 2.0 GPA overall in order to graduate as an entrepreneurship major. Entrepreneurship & Innovation Management students are expected to participate in the Entrepreneurial Student Association.

Major Requirements

Students must follow the Major Requirements and College Requirements current at the time of declaration. Students not continuously enrolled who have not been approved for a Leave of Absence or study elsewhere must follow University, College, and Major requirements current at the time of re-enrollment.

Requirements of Entrepreneurship & Innovation Management Major

Select one Entrepreneurial Thinking elective: 13
Entrepreneurial and Innovative Thinking
Ready, Fire, Aim: Launching a Profitable Micro-venture in 100 Days
Entrepreneurial Management course:3
Lean Startup: Fast and Inexpensive Ways to Test and Launch Your Ideas
Select one Entrepreneurial Marketing elective:3
Entrepreneurial Marketing
Marketing Research
Select one Entrepreneurial Internship elective: 23
Incubator Internship: Contribute, Connect and Learn as a Part of the Entrepreneurial Ecosystem
New Venture Internship: Learning to be a High-Value Employee, Manager, or Founder
Entrepreneurship Capstone course:3
Strategic Planning: The Business Plan as a Strategic Tool for Existing Businesses and Entrepreneurs 3
Select one Entrepreneurial Breadth-Depth elective: 43
Doing Well by Doing Good: Where Innovation and Entrepreneurship Meet Social Impact
Finance Your Ideas: Crowdfunding, Grants, Banks, Venture Funds, Corporate and Private Investment
Ready, Fire, Aim: Launching a Profitable Micro-venture in 100 Days 5
Incubator Internship: Contribute, Connect and Learn as a Part of the Entrepreneurial Ecosystem 6
Digital Disruption in Financial Services
Power, Influence and Negotiation
Short Study Trip Abroad: Doing Business in a Foreign Country 7
Global Entrepreneurship
Information Systems Innovation
Social Media Innovation
Entrepreneurship in Sport, Recreation, Tourism, and Hospitality
Special Topics - Strategic Management
Independent Study 8
Total Credit Hours18

NOTES

Students pursuing a double major in business can double-count a maximum of one course toward both majors.

Students pursuing a minor may not double count courses for the major and minor.

Suggested Academic Plan

Bachelor of Business Administration in Entrepreneurship & Innovation Management

Requirements for New Students starting in the 2021-2022 Academic Year

Please note that this plan is suggested only, ensuring prerequisites are met.

Year 1
FallCredit Hours
STAT 1001Quantitative Methods for Business I3
ECON 1101Macroeconomic Principles3
HRM 1101Leadership and Organizational Management3
ENG 0802, 0812, or 0902Analytical Reading and Writing [GW]4
GenEd Breadth Course3
 Term Credit Hours16
Spring
STAT 1102Quantitative Methods for Business II4
ECON 1102Microeconomic Principles3
LGLS 1101Legal Environment of Business3
IH 0851 or 0951Intellectual Heritage I: The Good Life [GY]3
GenEd Breadth Course13
 Term Credit Hours16
Year 2
Fall
STAT 2103Statistical Business Analytics (waives GenEd Quantitative Literacy requirement)4
ACCT 2101Financial Accounting3
MIS 2101Digital Systems3
IH 0852 or 0952Intellectual Heritage II: The Common Good [GZ]3
GenEd Breadth Course3
 Term Credit Hours16
Spring
MKTG 2101Marketing Management3
ACCT 2102Managerial Accounting3
BA 2101Professional Development Strategies1
BA 2196Business Communications [WI]3
RMI 2101Introduction to Risk Management3
GenEd Breadth Course3
 Term Credit Hours16
Year 3
Fall
FIN 3101Financial Management3
MSOM 3101Operations Management3
BA 3102Business Society and Ethics3
IB 3101Fundamentals of International Business3
Select one Entrepreneurial Thinking elective:3
Entrepreneurial and Innovative Thinking 
Ready, Fire, Aim: Launching a Profitable Micro-venture in 100 Days 
 Term Credit Hours15
Spring
BA 3103Integrative Business Applications3
SGM 3503Lean Startup: Fast and Inexpensive Ways to Test and Launch Your Ideas3
Select one Entrepreneurial Marketing elective:3
Entrepreneurial Marketing 
Marketing Research 
Select one Entrepreneurial Breadth-Depth elective:3
Ready, Fire, Aim: Launching a Profitable Micro-venture in 100 Days 
Doing Well by Doing Good: Where Innovation and Entrepreneurship Meet Social Impact 
Finance Your Ideas: Crowdfunding, Grants, Banks, Venture Funds, Corporate and Private Investment 
Special Topics - Strategic Management 
Incubator Internship: Contribute, Connect and Learn as a Part of the Entrepreneurial Ecosystem 
Independent Study 
Digital Disruption in Financial Services 
Power, Influence and Negotiation 
Short Study Trip Abroad: Doing Business in a Foreign Country 
Global Entrepreneurship [WI] 
Information Systems Innovation 
Social Media Innovation 
Entrepreneurship in Sport, Recreation, Tourism, and Hospitality 
GenEd Breadth Course3
 Term Credit Hours15
Year 4
Fall
BA 4101Global Business Policies3
Select one Entrepreneurial Internship elective:3
Incubator Internship: Contribute, Connect and Learn as a Part of the Entrepreneurial Ecosystem 
New Venture Internship: Learning to be a High-Value Employee, Manager, or Founder 
GenEd Breadth Course3
GenEd Breadth Course3
Free Elective3
 Term Credit Hours15
Spring
SGM 4596Strategic Planning: The Business Plan as a Strategic Tool for Existing Businesses and Entrepreneurs [WI]3
Free Elective3
Free Elective3
Free Elective3
Free Elective3
 Term Credit Hours15
 Total Credit Hours: 124