An entrepreneurship degree is a valuable commodity for today's competitive marketplace. Large or small, public, private or nonprofit, students who earn an entrepreneurship degree develop a strong business foundation in accounting, marketing, finance, economics, human resources, information systems and management.
The Nathan M. Bisk College of Business values innovation, diversity, ethics and leadership as the cornerstones of a 21st century business education. Combined with hands-on experience and faculty mentorship, students gain expert knowledge, leadership skills and an ability to identify needs in the marketplace and create solutions to meet them.
All entrepreneurship degree students get immediate new business development experience by launching a startup venture as first year students. Students first learn the theoretical concepts and foundations of entrepreneurship, followed in the second term by development of their concept into a living, breathing business. Students learn by "doing" under the direction of faculty who are entrepreneurs themselves in the Florida Tech Student Business Incubator, where students benefit from collaborative opportunities with professors and peers.
Beyond the classroom, senior entrepreneurial degree majors build leadership experience by working on their business in the Student Business Incubator. The experience combines facilities, expertise and a Lean LaunchPad curriculum that immerses students in the development process. Students also have an opportunity to participate in academic organizations like Delta Mu Delta (national business society), the Society for Advancement of Management, student government and over 100 other student organizations.
Upon completion of an entrepreneurship degree, students have several career options including pursuing independent business ownership or having an intimate view of how companies are structured and operated, secure a management position in an established company.
After receiving their entrepreneurship degree, many business administration majors go to graduate school at Florida Tech to pursue their MBA or an M.S. in Innovation and Entrepreneurship (MSIE).
Maximize your personal and professional potential through the entrepreneurship program at Florida Tech. Working alongside professors who are also top business experts, you'll gain the knowledge and skills needed to be a successful business manager and entrepreneur. The most unique aspect of the entrepreneurship program is that students take the first steps toward launching a new business in their first year at Florida Tech.
Professors at Florida Tech understand the challenges in raising capital, hiring employees, commercializing new technologies and providing services. They aren't just teaching entrepreneurship, they are running businesses and have the experience to share with students as they plan their own future company.
The entrepreneurship program makes sure that students develop excellent organizational and communication skills, as well as up-to-date knowledge in the fields of accounting, business development, finance and marketing. Students work in teams to conceptualize, develop, design, market and run a revenue-generating business, freely sharing marketing ideas, channel-building strategies and professional networks. This makes for a unique and exciting place for students to launch their businesses.
The entrepreneurship program culture supports individual creativity, leadership and team building, eth-ical decision-making and diversity. Students at Florida Tech not only develop a business plan for a new business, but also:
Integrate academics with business practices through the business practicum program
Learn about business and management practices from a global perspective
Hone skills during business hack-a-thons, Shark Tank-style "hot seat fundraising," business plan competitions and an annual Startup Weekend
Gain monthly insight into the new business landscape through the Visiting Entrepreneur Series
Study with a diverse international student body
Discuss business issues with successful entrepreneurs and managers
Entrepreneurship program students explore business startup as their Major Field Practicum experience in Florida Tech's Student Business Incubator – the on-campus center for new venture creation. The incubator combines curriculum, facilities and expertise during a semester long Lean LaunchPad program. This business-launching "bootcamp" pushes students to speak to customers, vendors and strategic partners as they gather resources, develop business models and launch their businesses. Paired with highly skilled executive entrepreneurs, students get first hand knowledge in such activities as developing prototypes, raising venture capital and managing the launch of a company.
The Nathan M. Bisk College of Business is dedicated to educating leaders to make thoughtful decisions, set high standards and promote corporate accountability. Undergraduate students tackle ethical challenges from both practical and professional perspectives in an annual competition, and can participate in a conference that encourages students to learn from business, community and government leaders.
Business administration and entrepreneurship students learn about corporate social responsibility through hands-on class projects and individual service with the perspective of making an impact.
Students in the entrepreneurship program at the Nathan M Bisk College of Business are eligible for entrance into Florida Tech's FastTrack MBA program.
Other entrepreneurship program colleges can't compete with our location on Florida's Space Coast. Year-round warm weather, close proximity to beautiful Atlantic Ocean beaches, NASA Kennedy Space Center, the Indian River Lagoon, Port Canaveral, Sebastian Inlet and a wealth of entertainment in Orlando make Florida Tech the college of choice. The university also offers a wealth of student organizations and intramural sports, and is just minutes from the airport and highway travel.
Every undergraduate student studying business at Florida Tech gets real world experience. One way we accomplish this is through the business practicum, a signature component of all undergraduate business degree programs.
At Florida Tech, there's no better way to gain entrepreneurship skills and learn what it means to be a business owner than to get involved in running a business – and this program gets you started from day one.
Business students test their entrepreneurship skills as they explore business startup as their practicum experience in Florida Tech's Student Business Incubator (SBI). The education and advising services offered through the SBI is just one part of the program that makes this approach successful. The program combines curriculum, facilities and expertise to fully immerse students in a semester long Lean LaunchPad program – a business-launching "bootcamp" that pushes students to speak to customers, vendors and strategic partners as they gather resources, develop business models and launch their businesses.
Students are paired up with highly skilled executive entrepreneurs who help them further develop their entrepreneurship skills, as well as learn many other functions of running a business including product development and raising venture capital.
In addition to the Lean LaunchPad program, the incubator hosts regular student business hack-a-thons that allow cross-disciplinary collaboration among students as they solve real corporate problems in education, health care, military and communications. These events allow anyone with an entrepreneurial spirit to put their ideas out there and benefit from students who have knowledge in different areas of business development.
The annual Startup Weekend, hosted by Florida Tech, gives students a chance to work with each other and members of the greater Florida business community to launch a business in 48 hours.
Other programs that test student entrepreneurship skills include a sponsored business plan competition, fundraising pitch sessions and consulting projects.
Business administration and entrepreneurship students at Florida Tech have the opportunity to participate in a wide variety of projects and studies. Many of these efforts are later entered into national competitions! Some competitions our students have recently participated in are:
Honda CRZ Social Marketing Challenge
Cadillac Case Competition
Florida National Guard Promotion Campaign
Management Case Competition
Chevrolet Ad Campaign
These student projects and competitions allow Florida Tech students to showcase their entrepreneurship skills, excel outside the classroom or make connections with potential future employers.
Delta Mu Delta is a business honor society that seeks to recognize academic excellence and forge connections between business and entrepreneurial students around the world.
A graduate of Florida Tech with an entrepreneur program degree in Business Administration is ideally suited for a variety of business administration careers. The graduate is also prepared to develop and run their own business, or use their expertise to help different prospective business owners get started. For some students, being a serial entrepreneur is an exciting role where they are involved in the development of ideas and set up of the organization, but prefer to give responsibility of day to day operations to an experienced management team.
Graduates of Florida Tech's business administration program are prepared for any number of careers in executive management, finance, economics, marketing, information systems and other key management roles in a company. Graduates are also prepared for such careers as city and county administrators, university presidents, hospital administrators, nonprofit organization administrators, sports management, event management and other key administrative roles such as these. Additionally, a serial entrepreneur is poised to collaborate with other business people to launch their idea.
Business administration careers are so varied that they exist with private businesses, not-for-profit organizations, governmental and regulatory agencies and sports organizations. Often a serial entrepreneur focuses on businesses in the same industry that are related to each other. Employment of administrative services managers is expected to grow 15 percent from 2010 to 2020.
A serial entrepreneur will be excited to know that according to Forbes Magazine (April, 2013), The Kauffman Foundation reported an overall favorable view of entrepreneurship at their Fourth Annual State of Entrepreneurship Address in Washington, D.C. (Feb 2013), citing that "new firms and young businesses account for about 70% of gross job creation." The Kauffman Index of Entrepreneurial Activity is a leading indicator of new business creation in the United States with data collected since 1996. Check the report for more detailed information.
For additional information on the outlook of particular executive jobs, reference the Occupational Outlook Handbook, published by the United States Department of Labor, Bureau of Labor Statistics (BLS). It provides detailed information about hundreds of occupations, including, entry-level education, overall working environment and employment prospects.
Business administration careers include the following:
Agents and Business Manager
Buyers and Purchasing Agent
Market Research Analysts and Marketing Specialist
Compensation, Benefits and Job Analysis Specialist
Accountants and Auditors (with additional education)
Business Operation Specialist
After graduation, Nathan M. Bisk College of Business students are prepared to successfully enter business administration careers or continue to graduate studies, often pursuing an MBA, the M.S. in Innovation and Entrepreneurship, or even attending law school. For business administration students or those interested in being a serial entrepreneur, Florida Tech provides a solid educational foundation.