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TENU 310: Business Basics for Technological Entrepreneurship

Description
This course is required of science and engineering students taking the STE minor. The course is the first in the series and a prerequisite for all other STE courses.

Designed to provide students with an introduction to fundamental business practices for entrepreneurs. Subject areas are presented in the sequence that an entrepreneur starting a technology-based company might need them. Accounting is often referred to as the language of business and as such, an emphasis is placed on reading, interpreting, and using financial statements. Setting financial goals for the various stages of a technology-based venture are examined. Forecasting methods for evaluating expenses, assessing future markets, and planning for revenues are integrated with case study presentations. Financial planning and cash flow management as they apply to technological entrepreneurship are discussed in the context of the early phases of a business.

Prerequisites

This course should be the first course taken by non-business students wishing to complete the minor.