Entrepreneurship

    • A new field called social entrepreneurship is emerging in which for-profit businesses are formed to address social issues. It is entirely possible to both do good and create value for customers.

    You Will Learn

    Accepting risk and using initiative, the entrepreneur creates new ideas, products, business ventures, industries and even markets.

    The core idea that drives the entrepreneur is creating value for the customer by recognizing opportunities and identifying the resources needed to exploit them. The student who majors in entrepreneurship will take a unique set of courses designed to develop the thought processes and skills required to turn possibility into reality.

    You Will Experience

    Students can explore the numerous opportunities interning at many different sizes and styles of businesses, they will also have the unique opportunity to get internships in Gannon-affiliated, entrepreneurship-focused organizations such as the Small Business Development Center (SBDC) and the Erie Technology Incubator (ETI), which are both located on Gannon's campus.

    You Will Achieve

    Your Bachelor of Science in Business Administration will qualify you for many career entry positions. Such opportunities include, but are not limited to, the following:

    • change agent
    • join a family business
    • operations management
    • project management
    • sales
    • start your own business

    You will Study

    Students obtaining a degree in business administration are able to choose from ten majors including accounting, entrepreneurship, finance, healthcare management, international management, management, marketing, risk management, sport management and marketing or supply chain management. The collaborative curriculum allows students to take courses in the various majors, including courses such as:

    ENTR 310: Organizational Innovation

    This course examines how individuals and organizations innovate. This is accomplished by studying organizations of all sizes to see what can be learned about the creative process of innovation, specifically around idea generation, evaluation and implementation. By the end of the semester, students will have identified and evaluated several product, service and non-profit ideas of their own.

    ENTR 330: Entrepreneurial Finance

    Entrepreneurial Finance focuses on the financial issues confronting start-up ventures. These ventures do not have the same standing as well-established, publicly traded corporations; therefore, a start-up must raise capital differently. We will address key questions relevant to these companies: how financial statements are created and interpreted; how much money can and should be raised; when should it be raised and from whom; what is a reasonable valuation of the company; and how funding should be structured. In this course, start-up companies will be examined at all phases of their life cycles, from initial idea generation to the ultimate harvesting of the venture. We will also investigate various organizational forms, financing options and ways to harvest the venture.

    ENTR 410: New Venture Creation

    New Venture Creation represents the culmination of the entrepreneurship program. In this class, students integrate all of their knowledge from business core courses, as well as their advanced course work, to create a fully integrated business plan around an original business idea. Throughout the semester, the professor will act as a consultant to various student teams guiding them through the creation of a business plan including the creation of an executive summary, detailed product/service description, market analysis, operations plan and financial plan. At the end of the semester, this information will be presented to an outside group of business executives in the form of a business plan, elevator pitch and business plan presentation where the students will earn their final grade for the class.

    Liberal Studies Core

    The Liberal Studies Core Curriculum is one reflection of Gannon University's commitment to its Catholic identity. The Core's design offers students a defined, integrated, shared experience as the foundation for their undergraduate program.

    You Will Earn

    Salaries in the industry vary depending on the location and type of organization.

    • Starting salary: $43,500
    • Mid-year salary: $71,000

    All salary information is compiled from data gathered from the Bureau of Labor Statistics (bls.gov) and/or PayScale (payscale.com).