Minor in Entrepreneurship
Overview
It takes a visionary willing to take risks to turn possibilities into reality. People who cultivate innovative thinking, lean into their passions and seek to meet the needs of their communities create change — practicing redemptive entrepreneurship that seeks first the Kingdom and shapes culture along the way. Biola’s entrepreneurship minor is designed to equip students to become world-changers by developing core business competencies, promoting network-building and empowering creativity. In this testing-ground, failure isn’t defeat. It’s an opportunity to learn. Students will explore non-traditional business models, experience mentorship by expert entrepreneurs, benefit from access to Praxis Academy and Biola’s proximity to Los Angeles and Orange County, and receive credit for participating in Biola’s Start Up Competition.
Courses
Below are the course requirements for this academic program. In addition to these program-specific requirements, all majors include Biola's traditional undergraduate core curriculum. For more program details, including a sample course sequence, visit Biola's academic catalog.
Core Requirements
| BUSN 211 | Principles of Accounting I |
| Financial accounting concepts and techniques essential for all business majors and those seeking to learn the language of business; analyzing and recording transactions; preparation of financial statements; valuation and allocation procedures. Grade Mode: A. | |
| BUSN 231 | Introduction to Marketing: Practical Application |
| Introduction to the basic elements of modern marketing including the study of the marketing environment framework, target market, market segmentation, marketing ethics, and the marketing mix variables of product, promotion, price, public relations, and place/distribution. It is designed to facilitate primary and secondary research to complete a target market project. Notes: No substitutions or transfers will be allowed in place of this course. This course is intended for Marketing and Marketing/Management concentration students. Grade Mode: A. | |
| BUSN 338 | Entrepreneurship Practicum |
Students will get real-world experience on a startup idea by participating in Biola's Startup Competition. Students will attend all Startup Competition events, be a part of a competing team, and will enter the event. Students will also examine past competitors, hear from past participants, and develop their pitch. Grade Mode: A. | |
| BUSN 364 | Entrepreneurship and New Venture Formation |
Methods, problems and factors involved in launching and managing startup and new business ventures, all viewed through the lens of redemptive entrepreneurship. | |
| BUSN 370 | Business Finance |
An examination and evaluation of financial decision making in the Corporate environment valuing future cash flows, characterizing risk and return and evaluating options available to firms to finance their operations or fund growth opportunities. Students will learn how to analyze financial data to provide information to management on how to improve the financial performance of their firm. Grade Mode: A. | |
| BUSN 466 | Financing the Entrepreneurial Venture |
This course will examine the various sources of funding available to start-ups, including friends and family, crowdfunding, commercial lending institutions, angel investors, venture capitalists, and various governmental programs. The Initial Public Offering (IPO) process is also examined as a means for accessing public capital markets and growing the business. Grade Mode: A. | |