Provides students with the essential tools to understand and analyze financial information and financing strategies for new ventures. Major topics covered include the analyses of financial information, sources of financing, valuation models, and deal structures particular to new ventures.
Analysis and creation of a business plan for a new business venture including demand forecasting, financial modeling, selling of the new business idea and other issues for current business conditions.
Introduction to critical business principles and practices required by leaders for business success and societal benefit. Students will be exposed to key management theories, models and tools in strategy, finance, accounting, commercialization, marketing, and sales.
(Team interview required for admission)
This course provides an experiential learning opportunity, showing how a successful business model can be created through the use of the customer and market validation process. This course provides real world, hands-on learning on what it's like to start a high-tech company. You will be talking to customers, partners, and competitors, as you encounter the chaos and uncertainty of how a startup actually works. You'll work in teams learning how to turn a great idea into a great company.
Should I attend college? What major should I choose? Study or surf? Should I marry her? Should I accept the job or hold out for something better? Should I report what I saw? Save or spend? Stocks or bonds? Lease or buy? Bacon double-cheeseburger or salad?
From the life altering to the mundane, we make thousands of decisions a day, and must live with their consequences, forever. At the crossroads of philosophy, economics, statistics, psychology, sociology, technology and the life we lead, exists the decision.
This course explores how decisions are made, key factors affecting the decision making process, biases we must account for and the tools available for improving our decisions, as well as predicting those of others.
Decision Analysis incorporates theoretical, philosophical and empirical aspects of decision making in order to understand how it is that equally intelligent, rational people can make opposing choices. Students will learn how to apply statistical analysis, including data gathering and selection, and recognize its limitations. Theories will be tested through real world applications, challenging students to optimize individual and group decisions, as well as improve their ability to predict the choices of others.
Topics to be covered include normative vs descriptive decision theory, probability theory, temporal and relational factors, cognitive bias, game theory, expected utility, marginal utility, Bayesian probability and prospect theory.Course Objectives:Through a combination of lectures, role playing and case studies, students will develop an understanding of how decisions are made, the factors and biases that affect them, the tools that have been developed as a result, and the limitations that remain. The goal is to provide students with a solid foundation in the fundamentals of decision theory. By introducing real world applications that have a direct connection to the students, they will be inspired to apply what they have learned to their own decisions and further explore the topic well into the future.
Introduction to basic marketing concepts and how these concepts can be applied to any organization, particularly technology firms. Additionally, they will be introduced to how management of the marketing function within an organization is critical to the organization's success.
Learn how to start any type of venture; for profit, non- profit, service, sole-proprietorship, with a focus on high- tech ventures. Analysis of new business opportunities, development of customer-centric value propositions, financing, marketing, selling, and protection of intellectual property.
Focuses on the important link between the business and talent strategy including talent value chain, recruitment/selection, strategies for rewards/incentives, employee relations, leadership and team formation; conflict resolution, problem solving, and decision-making, importance of organization culture; culture diversity and global village.
Provides a high level introduction to modern marketing research. Course will cover the fundamental principles and techniques for market validation that are critical to launch, grow, and sustain a viable business.
New product development requires technical and non-technical business persons to work across disciplines. Instruction is provided in a wide range of topics concerning customer driven product innovation. Students learn new product development processes, tools, techniques, and organizational skills.
(Application required for enrollment)
A series of seminars about the creation of sustainable new business ventures from inception to launch. Intended for students participating in the TMP New Venture Competition. (W)
TMP Startup Application: https://goo.gl/forms/
Studies the flow of materials and information necessary to effectively and efficiently supply products and or services to customers. Provides an understanding of the principles of design and management of manufacture, service and supply chain organizations, business processes and systems.
Lecture series where entrepreneurial, technological, business, and governmental leaders share their lessons of experience and discuss current business issues. For anyone interested in entrepreneurship, management, technology development, and commercialization and the impact that innovation has on society. (F, W, S)
The historical and present state of entrepreneurship will be explored, along with the potential future direction of startups. Students will be encouraged to start small ventures as a means of determining their proclivity for an entrepreneurial lifestyle.
Provides emerging inventors, entrepreneurs, and scientists with a working knowledge of intellectual property (patents, copyrights, trademarks, and trade secrets), with the main focus being on patents. Will cover the basic functions of patents, structure of patents, and patent prosecution.
Introduces the theory, concepts, techniques, vocabulary and practical knowledge of project management practice. Students will learn about the process groups and knowledge areas comprising PMI's Project Management Body of Knowledge. Provides a framework for conducting projects using project management principles.
Learn the art of persuasion and selling. Theory and applications of the basic tenets of persuasion and how such scientifically supported techniques can be deployed to positively impact the sales process.
Courses provide for the study of topics of current interest in the areas of, business, technology management, entrepreneurship, and other issues related to management and creation of sustainable businesses.
Most courses are designed to transmit knowledge to the student on a particular subject with continuity from start to finish, using a text where the student can highlight “important” things with their yellow highlighter. Of course there has to be memorization for the tests. This course is none of the above.
The real world does not work like a course. “Knowledge” and information are free on the Internet so knowing something from a course doesn’t get you anywhere (or get you a job). Life does not go from A to B in a straight line, nor does it stay on the same subject. What does work in life is to think and figure things out¾no matter what the subject¾to come up with new ideas.
The “idea” of this course is to talk about a wide range of everyday subjects and have the students think about how things work or don’t work. The subjects being discussed are not relevant, but thinking about them is. Can one succeed in getting students to practice thinking and not just memorization? We will try.
Subjects covered will include heat, energy, refrigeration (including how to get refrigeration from a flame), engines, motors, generators, GPS, relativity, optics, education, business, and of course the playground swing. Some things will be easy to figure out, but others will be hard. Some student “volunteers” will get the chance to tell us how some things work. And we will tear some real things apart to get a feel for how they work.