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USASBE Model Undergraduate Program of the Year: 1999

USASBE Model Undergraduate Program of the Year: 1999. University of St. Thomas Jeffrey R. Cornwall, D.B.A. Undergraduate Alumni Success. Over 1/3 of Undergraduate Alumni Started Businesses 47 Businesses Started $1,001,000 Average Sales 57% Growth Rate Average Employment of 11

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USASBE Model Undergraduate Program of the Year: 1999

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  1. USASBE Model Undergraduate Program of the Year: 1999 University of St. Thomas Jeffrey R. Cornwall, D.B.A.

  2. Undergraduate Alumni Success • Over 1/3 of Undergraduate Alumni Started Businesses • 47 Businesses Started • $1,001,000 Average Sales • 57% Growth Rate • Average Employment of 11 • 88% Success Rate

  3. Economic Impact • Over $45 Million Combined Revenues • Over 450 Employees

  4. Enrollment Growth in Entrepreneurship

  5. Keys to Success • Interdisciplinary Integration • Value Based Learning and Ethics • Entrepreneurially Experienced Faculty • Entrepreneurial Society • Learning Portfolio

  6. Interdisciplinary Integration Other Academic Majors Other Business Majors Entrepreneurship Majors

  7. Faculty • Four Full-time Faculty • “Been There/Done That” • Three Endowed Chairs • All Dedicated Exclusively to Entrepreneurship • Six Active Adjunct Faculty

  8. Entrepreneurial Society • Student Driven • Over 100 Active Members • 2/3 of Majors are Members • Membership Doubled Each Year, Past Two Years • Integrated into Major (Learning Portfolio) • Variety of Activities • CEO!

  9. Entrepreneurship Curriculum Structure Entrepreneurship Electives Entrepreneurship Capstone Foundations in Entrepreneurship Business Core Liberal Arts

  10. Foundations in Entrepreneurship* Taken as Early as Sophomore Year Integrates Entrepreneurship, Business Core, Liberal Arts Entrepreneurship: Management & Strategy Capstone Course Required Courses

  11. Elective Courses Students must take at least two of the following 4 credit courses: • Entrepreneurship in Practice* • Creativity & Change* • Entrepreneurship Financial Resource Management* • Franchising Management • Family Business Management • Diversity Issues in Entrepreneurship* • May substitute one ENGR or OPS*

  12. Service Courses • Entrepreneurship for Non-majors* (4 credits)

  13. Institutional Resources • Direct Support • $150,000 in Scholarships • $5,000 Outstanding Entrepreneur Award • Annual Award Banquet • Small Business Institute • Alumni Networking

  14. Institutional Resources • Other Support • Graduate Programs • John M. Morrison Center for Entrepreneurship • Lifelong Learning

  15. Institutional Resources • Community Support • Hill Reference Library • Community Entrepreneurship Network

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