EPS6300: Entrepreneurship, Analytics, and Strategy of the Firm
3 credits (in-person and online)
This course provides an overview of the entrepreneurship method that will enable students to create, identify, assess, shape, and act on opportunities in a variety of contexts and organizations, while also introducing students to the use of analytics throughout the lifecycle of business applications. Babson’s proprietary method, called Entrepreneurial Thought and Action® (ET&A™), is teachable and learnable, but is not predictable. This is a results-oriented course that emphasizes early action in order to test and refine new venture concepts. Topics will include: innovation uncertainty in the corporate environment, Design Thinking, Shareholder Value and EVA//Multi Business Strategy in Large Corporations, Industry Analysis, Ecosystems and Competitive Positioning and How Big Companies Make Decisions.
Prerequisites: Admission in to the MSBA program. CAM students should contact Graduate Academic Services to pursue enrollment in this course.
EPS7200 Entrepreneurship & Opportunity
3 credits (in-person)
Entrepreneurship & Opportunity (E&O) – This course provides an overview of the entrepreneurship method that will enable you to create, identify, assess, shape, and act on opportunities in a variety of contexts and organizations. Babson’s proprietary method, called Entrepreneurial Thought and Action® (ET&A™), is teachable and learnable, but is not predictable. This is a results-oriented course that emphasizes early action in order to test and refine new venture concepts"
EPS 7538 Japan: Institutions and Entrepreneurship
3 elective credits (elective abroad)
Program fee is paid to Glavin Office – program fee includes: accommodations, breakfast, ground transportation, program planned meals and cultural excursions. Not included: tuition, international flight, single supplement (fee: $1,100 - NOTE: limited singles available, additional singles may be available at a higher rate), visa costs, additional meals and personal expenses.
This course is built on two major themes:
1. Institutions – Business and Society
Provide students a chance to experience, and have an in-depth look at Japanese business and society – how institutions (i.e., formal and informal rules of the game) shape/govern business and society.
2. Entrepreneurship and Opportunity
Encourage students to practice Babson’s proprietary method, called Entrepreneurial Thought and Action® (ET&A™), within the institutional (e.g., social, political, cultural) environment in Japan.
The entire course is designed on the concept of interactive learning through site visits (e.g., company visits including offices and manufacturing facilities, guest speakers), cultural-experience mini projects, and individual/group research."
EPS7553: On Becoming Entrepreneurial: Context-based Entrepreneurial Action
3 elective credits (in-person)
This course drives students to uncover, develop, and put into practice Babson’s proprietary method, called Entrepreneurial Thought and Action® (ET&A™), regardless of the type of organization they are in. The tenets of the course are applicable in all organization but there is an emphasis on becoming and being entrepreneurial inside a large existing organization. Students will assess and develop their own entrepreneurial skills and learn how to apply them in their particular organizational setting (corporate, non-profit, government, etc.). The focus is on how to apply the concepts of ET&A and other frameworks in order to affect entrepreneurial outcomes in any organizational setting. Students will benchmark from existing research within Fortune 500 companies, popular press books, case studies, mini-cases, videos, experiential exercises, business press articles, and other relevant material.
EPS9507 Food Entrepreneurship
1.5 Intensive Elective (in-person)
Over the last five years, the global food industry has been both expanding and reorganizing rapidly. Once fringe products are migrating to the middle as alternative food goes mainstream. Without question, consumers are driving industry change with major print, television and online media contributing to greater consumer awareness of the industry and how their individual and familial food decisions serve to shape it.
Understanding U.S. food-industry dynamics is crucial to food entrepreneurship, regardless of one’s home market, because foreign markets and multinationals see the U.S. as setting the future of food. Players globally are watching the U.S. for indicators of new food trends, products and business models.
While barriers to entry in the food industry are relatively low, the hurdles ahead for new farmers, food makers, distributors, and retailers are substantial. Food incubators and accelerators have ballooned as a new “food entrepreneur services” (my term) segment follows the proliferation of new entrants and significant dollars have begun migrating to them from the tech sector. However, be they corporate or independent, food incubators and accelerators are startups themselves. All are young, and the field is fragmented and confusing.
This highly experiential intensive MBA elective ‘Food Entrepreneurship’ will focus on the anatomy of the food entrepreneur’s journey from initial idea and course-setting through meaningful survey of market landscapes into relevant management and supply chain activities. Course materials and assigned readings are drawn from five years of firsthand research in the field. Guest experts and entrepreneurs visiting class will help us to dig deeper into particular questions and dynamics.
Focus will include both internal and external reflection and navigation of challenge and opportunity sets. This course is applicable to students who already have a business idea or venture in development as well as to students who are simply curious about the food industry as a potential career sector. For students in building mode, this course will accelerate their networks and understanding of market forces and future trends, and illuminate their next smart action steps. For students in exploration mode, this course will arm them with the right questions and frameworks to learn efficiently from and with industry experts and current entrepreneurs.
We will practice Babson’s proprietary method, called Entrepreneurial Thought and Action® (ET&A™), extensively in the classroom: in our engagements with industry experts exploring traditional and emergent models for doing business; during in-class exercises borrowing from Food Sol’s signature model of the Quick Service Incubator; and in the final team deliverable of a business recommendation presentation.
Students enrolled in this course will accomplish the following objectives:
Acquire a nuanced understanding of the current state of the food industry, its component parts, and the food system surrounding it Interact with field experts on food trends, market dynamics and the food system (including adjacent sector opportunities).
Sense market opportunities and inflection points, and identify territory for smart collaborations. As an intensive elective, we will not be able to address every paradigm in the global food industry. This course will elucidate the landscape and system frameworks, and a lengthy reading list and online resources will help students to organize the field of content and resources. Topics such as the history of food, food product marketing, finance, industry mergers and acquisitions, and food science will not be covered, beyond anecdotally. The intent is an immersive experience into the food industry for the purposes of identifying, creating or furthering opportunities within it."
EPS9555: Public Policy Entrepreneurship
1.5 credits (in-person)
The fiscal cliff. Congressional gridlock. Sequester. A growing multi-trillion dollar deficit. The curtailment of local services and the threat of local community bankruptcies. Policy challenges at all levels—local, regional, national, international. Have you ever wondered how your Babson MBA skills can be applied to help policy-makers meet these challenges effectively and intelligently and how you can get involved now or later in your career as a policy-maker yourself?
Public Policy Entrepreneurship is a 1.5 credit intensive elective focused on applying Babson’s proprietary method, called Entrepreneurial Thought and Action® (ET&A™), to answering these questions. The course makes extensive use of guest speakers, including government officials and public and private sector executives who share their practical experience in using entrepreneurial thinking to create innovative solutions to public policy challenges. Recent speakers have included a governor, a lieutenant governor and college president, a state secretary of housing and economic development, a state secretary of health and human services, venture capitalists, private charitable foundation board members, a board of selectman chair, a town executive director, and a founder of Mass Challenge and directors of the Mass. Institute for Political Leadership.
Public Policy Entrepreneurship focuses on how governments, private companies, NGOs, and economic development organizations can apply Babson’s proprietary method, called Entrepreneurial Thought and Action® (ET&A™), to accomplish their goals. Course topics include:
- how MBAs can get involved in applying their professional skills to public policy challenges at different points in their careers either as a part-time volunteer or on a full-time basis
- how governments can create conditions to encourage private sector entrepreneurship
- how private companies can work more effectively with government entities in accomplishing their goals
- how government agencies can become more entrepreneurial in order to accomplish their objectives
The course uses lectures, readings, videos, and podcasts to provide students with analytical frameworks and practical knowledge which they can apply in developing solutions to policy issues.
In the course final paper, students assume the role of a government official or NGO executive and detail how they would apply entrepreneurial principles in creating solutions to challenges facing their state or city or country or NGO.
MBA7201 Capstone: The CEO
"StartUp Foundations (in-person teamwork)
The StartUp Foundations SLE will focus on Babson’s proprietary method, called Entrepreneurial Thought and Action® (ET&A™), team building, and technology. In addition to sessions on Ideas and Barriers to Innovation, students will participate in a competitive, computer-based simulation (Techmark), develop processes that will support virtual and in-person teamwork, take their first classes in Entrepreneurship and Leadership, and attend a variety of networking events."
MBA7603-E01: Special Topics –Global Enterprising
3 credits (in-person)
This course addresses the ways in which entrepreneurial value creation is affected by (and sometimes inspired by) social institutions and national business systems. In the proposed Miami Blended Learning program, we will provide students a chance to study the business environment of Latin America. The goal is to encourage students to practice Babson’s proprietary method, called Entrepreneurial Thought and Action® (ET&A™), within the institutional (e.g., social, political, cultural) environment in Latin America."