BS in Business - Family and Entrepreneurial Business Management

This program is offered by the Department of Management Studies. 

Entrepreneurship is the design, creation and management of one’s own business. It involves many phases related to developing, implementing as well as assuming risks. Family businesses are headed and run by family members. 

This area of emphasis caters to students who belong to families in business and who wish to preserve the continuity and wealth of their businesses from generation to generation. It is also intended for students who wish to start their own business, as it encourages entrepreneurship and the building of solid guidelines for future business start-ups.

The courses in this emphasis are designed in a way to address the complex workings and challenges of family-owned businesses. Not only will the student get working knowledge of the tools and concepts involved, they will also develop action plans for their family businesses and manage growth opportunities. In addition, they will acquire frameworks, analytical skills, techniques and decision-making tools that can be used in the growing entrepreneurial track. Coursework in this specialization will begin as soon as it is feasible.

Emphasis Curriculum (Before Fall 2026) 

The changes in Liberal Arts and Sciences (LAS), business electives, and free electives requirements are applicable for the entering class of Fall 2021. Existing students may choose to follow the oldor below new curriculum.

A minimum of 92 creditsare required to graduate, distributed as follows:

• Business Core Requirements (36 credits)
• Emphasis Requirements (12 credits)
• Other Requirements — Business Electives (12 credits)
• LAS Requirements (30 credits)*
• Free Electives (8 credits)

* The core business courses ECO201and ECO202fulfill 6 of these credits, as they are also LAS Social Sciences requirements.

Business Core Requirements (36 credits)

• ACC203Financial Accounting (3 cr.)
• ACC204Managerial Accounting (3 cr.)
• BUS213Business Law & Ethics (3 cr.)
• BUS299Civic Engagement (0 cr.)
• ECO201Microeconomics (3 cr. )
• ECO202Macroeconomics (3 cr.)
• FIN301Managerial Finance (3 cr.)
• ITM211Information Technology Management (3 cr.)
• MGT201Introduction to Management (3 cr.)
• MGT420Strategic Planning & Policy Formulation (3 cr.)
• MKT201Introduction to Marketing (3 cr.)
• OPM301Operation & Production Management (3 cr.)
• QBA201Managerial Statistics (3 cr.)

Emphasis Requirements (12 credits)

• FEM304 Family Business Management (3 cr.)
• FEM312 Digital Entrepreneurship (3 cr.)
• FEM333 Venture Capital Entrepreneurial Financing (3 cr.)
• FEM410 Corporate Governance (3 cr.) 

Other Requirements (12 credits)

Business Electives: Choose any 12 credits of the following courses:

Block A: Minimum 6 credits Maximum 12 credits

• FEM301Entrepreneurship and Small Business Management (3 cr.)
• FEM311Small Bus. Start-Up Lab. (3 cr.)
• FEM322Entrepreneurial Marketing (3 cr.)
• FEM488Sp.Top. Fam. & Entr.Bus (3 cr.)
• FIN302 Financial Institutions and Markets (3 cr.)
• IBS311 Managing Multinational Corporations (3 cr.)
• MGT301Organizational Behavior (3 cr.)
• MGT401Project Management (3 cr.)
• MGT411Innovation and Entrepreneurship Human Resources Management (3 cr.)
• MGT441Human Resources Management (3 cr.)

Block B: Maximum 6 credits

1- Soft Skills: Maximum 3 credits

• MGT236Communication Skills (1 cr.)
• MGT336Developing a Business Plan (1 cr.)
• MGT338 Negotiation Skills (1 cr.)
• MGT436Personality & Career Development (1 cr.)
• MGT438 Leadership Skills (1 cr.)
• FEM399 Internship/Practicum (1 cr.) 

2- Vertically Integrated Projects: Maximum 3 credits

• VIP201 (1 cr.)
• VIP301 (1 cr.)
• VIP401 (1 cr.)

3- Other Electives 

• BDA211Introduction to Applied Data Analytics (3 cr.)
• BUS311 Research Methods (3 cr.)
• QBA301Intermediate Managerial Statistics (3 cr.)

LAS Requirements (30 credits)

Free Electives (8 credits)

Emphasis Curriculum (As of Fall 2026)

A minimum of 92 credits are required to graduate, distributed as follows:

• Business Core Requirements (36 credits)
• Emphasis Requirements (12 credits)
• Business Electives (12 credits)
• LAS Requirements (30 credits)*
• Free Electives (8 credits)

* The core business courses ECO201 and ECO202 fulfill 6 of these credits, as they are also LAS social science requirements.

Business Core Requirements (36 credits)

• ACC203 Financial Accounting (3 cr.)
• BUS213 Business Law & Ethics (3 cr.)
• BUS299 Civic and SDG Engagement (0 cr.)
• ECO201 Microeconomics (3 cr.)
• ECO202 Macroeconomics (3 cr.)
• FIN301 Managerial Finance (3 cr.)
• ITM211 Information Systems and AI for Business (3 cr.)
• MGT201 Foundations of Management & Entrepreneurship (3 cr.)
• MGT338 Negotiation Workshop (1 cr.)
• MGT438 Leadership Workshop (1 cr.)
• MGT420 Strategic Planning & Policy Formulation (3 cr.)
• MKT201 Contemporary Marketing (3 cr.)
• OPM301 Operation & Production Management (3 cr.)
• QBA201 Statistics for Business Insights (3 cr.)
• XXX399 FEM Internship / Practicum (1 cr.)

* Major-specific course with the appropriate code: ACC399, FIN399, FEM399, ITM399, IBS399, MGT399, or MKT399.

Family and Entrepreneurial Business Management Emphasis Requirements (12 credits)

• FEM304 Family Business Management (3 cr.)
• FEM312 Digital Entrepreneurship (3 cr.)
• FEM333 Entrepreneurial Finance and Venture Valuation (3 cr.)
• MGT411 Innovation, Entrepreneurship & Start-up Lab (3 cr.)

Business Electives (12 credits)

Block A: Minimum 6 credits

• FEM301 Entrepreneurship and Small Business Management (3 cr.)
• FEM322 Entrepreneurial Marketing (3 cr.)
• FEM324 Social Entrepreneurship (3 cr.)
• FEM410 Corporate Governance (3 cr.)
• FEM411 Family Governance, Succession Planning & Sustainability (3 cr.)
• FEM488 Top Frontiers in Entrepreneurship (3 cr.)
• FIN302 Financial Institutions and Markets (3 cr.)
• IBS311 Managing Multinational Corporations (3 cr.)
• MGT301 Organizational Behavior (3 cr.)
• MGT401 Project Management (3 cr.)
• MGT441 Human Resources Management (3 cr.)

Block B: Maximum 6 credits

1- Soft Skills: Maximum 3 credits

• MGT236 Communication Skills (1 cr.)
• MGT336 Developing a Business Plan (1 cr.)
• MGT436 Personality & Career Development (1 cr.)

2- Vertically Integrated Projects: Maximum 3 credits

• VIP201 (1 cr.)
• VIP301 (1 cr.)
• VIP401 (1 cr.)

3- Other Electives

• ACC300 Managerial Accounting (3 cr.)
• BDA211 Introduction to Applied Data Analytics (3 cr.)
• BDA214 AI for Business (3 cr.)
• BUS311 Research Methods (3 cr.)
• QBA301 Intermediate Managerial Statistics (3 cr.)

LAS Requirements (30 credits)

Recommended Study Plan (Before Fall 2026) 

Year One

Fall (15 credits)

• ACC203Financial Accounting (3 cr.)
• MGT201Introduction to Management (3 cr.)
• ECO201Microeconomics (3 cr.)
• ENG202Liberal Arts Core (3 cr.)
• Liberal Arts Elective (3 cr.)

Spring (16 credits)

• ACC204Managerial Accounting (3 cr.)
• ECO202Macroeconomics (3 cr.)
• MKT201Introduction to Marketing (3 cr.)
• ENG203 Liberal Arts Core (3 cr.)
• Liberal Arts Elective (3 cr.)
• Free Elective (1 cr.)

Year Two

Fall (15 credits)

• QBA201 Managerial Statistics (3 cr.)
• ITM211 IT Management I (3 cr.)
• FEM312 Digital Entrepreneurship (3 cr.)
• Business Elective I (3 cr.)
• Liberal Arts Elective (3 cr.)

Spring (16 credits)

• BUS213 Business Law & Ethics (3 cr.)
• FIN301 Managerial Finance (3 cr.)
• OPM301 Operations & Production Management (3 cr.)
• FEM304Family Business Management (3 cr.)
• Liberal Arts Elective (3 cr.)

Year Three

Fall (16 credits)

• BUS299 Civic Engagement (0 cr.)
• FEM333 Venture Capital & Entrepreneurial Financing (3 cr.)
• Business Elective II (3 cr.)
• Business Elective III (3 cr.)
• Liberal Arts Elective (3 cr.)
• Free Elective (3 cr.)
• Free Elective (1 cr)

Spring (15 credits)

• MGT420 Strategic Planning & Policy Formation (3 cr.)
• FEM410 Corporate Governance (3 cr.)
• Business Elective IV (3 cr.)
• Liberal Arts Elective (3 cr.)
• Free Elective (3 cr.)

Recommended Study Plan (As of Fall 2026)

Year One

Fall (15 credits)

• ACC203 Financial Accounting (3 cr.)
• MGT201 Foundations of Management & Entrepreneurship (3 cr.)
• ECO201 Microeconomics (3 cr.)
• LAS Core Requirement (3 cr.)
• LAS Elective (3 cr.)

Spring (15 credits)

• MKT201 Contemporary Marketing (3 cr.)
• ECO202 Macroeconomics (3 cr.)
• Business Elective I (Block A or B — see Elective Menu) (3 cr.)
• LAS Core Requirement (3 cr.)
• LAS Elective (3 cr.)

Year Two

Fall (16 credits)

• QBA201 Statistics for Business Insights (3 cr.)
• ITM211 Information Systems and AI for Business (3 cr.)
• MGT338 Negotiation Workshop (1 cr.)
• FIN301 Managerial Finance (3 cr.)
• FEM312 Digital Entrepreneurship (3 cr.)
• LAS Elective (3 cr.)

Spring (15 credits)

• BUS213 Business Law & Ethics (3 cr.)
• BUS299 Civic and SDG Engagement (0 cr.)
• FEM304 Family Business Management (3 cr.)
• FEM333 Entrepreneurial Finance and Venture Valuation (3 cr.)
• Business Elective II (Block A or B — see Elective Menu) (3 cr.)
• LAS Elective (3 cr.)

Summer (after Year Two) 

• FEM399  FEM Internship / Practicum (Minimum 120 hours; prerequisite: BUS299.)

Year Three

Fall (15 credits)

• OPM301 Operations & Production Management (3 cr.)
• MGT438 Leadership Workshop (1 cr.)
• MGT411 Innovation, Entrepreneurship & Start-up Lab (3 cr.)
• Business Elective III (Block A or B — see Elective Menu) (3 cr.)
• LAS Elective (3 cr.)
• Free Elective (2 cr.)

Spring (15 credits)

• MGT420 Strategic Planning & Policy Formulation (3 cr.)
• Business Elective IV (Block A or B — see Elective Menu) (3 cr.)
• LAS Elective (3 cr.)
• Free Elective (3 cr.)
• Free Elective (3 cr.)  

Career Prospects

The emphasis will support the candidate in understanding the dynamics of their family business, enabling them to be part or run their company and reach their business goals. The candidate will be able to assume managerial responsibilities and envision new ventures and business plans.