Last visit was: 08 May 2024, 16:17 It is currently 08 May 2024, 16:17

Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
User avatar
Senior Manager
Senior Manager
Joined: 01 Mar 2009
Posts: 266
Own Kudos [?]: 156 [2]
Given Kudos: 24
Location: PDX
Concentration: Entrepreneurship
 Q44  V40
Send PM
avatar
Intern
Intern
Joined: 11 Jun 2009
Posts: 27
Own Kudos [?]: 3 [1]
Given Kudos: 2
Concentration: GM / Entrepreneurship
Schools:Stanford, Wharton, Columbia, Darden, Stern
 Q41  V45
Send PM
User avatar
Senior Manager
Senior Manager
Joined: 01 Mar 2009
Posts: 266
Own Kudos [?]: 156 [0]
Given Kudos: 24
Location: PDX
Concentration: Entrepreneurship
 Q44  V40
Send PM
User avatar
Senior Manager
Senior Manager
Joined: 01 Mar 2009
Posts: 266
Own Kudos [?]: 156 [0]
Given Kudos: 24
Location: PDX
Concentration: Entrepreneurship
 Q44  V40
Send PM
Re: Entrepreneurship [#permalink]
Yet another reason to study entrepreneurship at MIT

https://www.kauffman.org/entrepreneurshi ... reach.aspx
User avatar
Current Student
Joined: 28 Feb 2008
Posts: 1321
Own Kudos [?]: 156 [0]
Given Kudos: 6
Schools:Tuck
Send PM
Re: Entrepreneurship [#permalink]
Dartmouth has a school-wide entrepreneurship center.

Dartmouth Entrepreneurial Network

RF
User avatar
Senior Manager
Senior Manager
Joined: 01 Mar 2009
Posts: 266
Own Kudos [?]: 156 [0]
Given Kudos: 24
Location: PDX
Concentration: Entrepreneurship
 Q44  V40
Send PM
Re: Entrepreneurship [#permalink]
refurb wrote:
Dartmouth has a school-wide entrepreneurship center.

Dartmouth Entrepreneurial Network

RF


Thanks, added to the list
User avatar
Senior Manager
Senior Manager
Joined: 01 Mar 2009
Posts: 266
Own Kudos [?]: 156 [0]
Given Kudos: 24
Location: PDX
Concentration: Entrepreneurship
 Q44  V40
Send PM
Re: Entrepreneurship [#permalink]
Darden: First impressions

I just spent about 2-3 hours on the Batten Institute website. Very appealing. Information is very specific and pretty exhaustive. They even have a Twitter page, very very helpful. I'm listing out the pros and cons - of course, these are relative to the other schools listed above.

Pros:
Cons:
    No mention of the entry criteria for certain courses/seminars such as the 'VC bootcamp' - Do the participating companies look for prior finance background etc ?
    No mention of the expected results from a boot camp or a seminar : Meaning, what can the student expect in return.
    Not many options for students who wish to pursue VC internships ( This is to be expected ).

Darden is definitely a good school for an entrepreneurial career, at least given the startup successes. I'm quite sure the faculty and facilities are world class - so I'm taking these for granted in all the schools mentioned in the list.
User avatar
Current Student
Joined: 09 Jun 2009
Posts: 181
Own Kudos [?]: 68 [0]
Given Kudos: 21
Concentration: Marketing, Strategy
Schools:Fuqua Class of 2012
 Q50  V42
Send PM
Re: Entrepreneurship [#permalink]
Can anyone offer any insight on their experiences with these Entrepreneurship programs? For example, if you've been a part of the Batten Institute (Darden) or the E&I program (Sloan), how was/is your experience like with your program? Have you started a company? How helpful was your coursework or incubator program? Is/was your program only for diehard entrepreneurs who plan to forgo the traditional internship, etc.?
User avatar
Current Student
Joined: 18 Dec 2007
Posts: 983
Own Kudos [?]: 144 [0]
Given Kudos: 10
Location: Hong Kong
Concentration: Entrepreneurship, Technology
Schools: Hong Kong University of Science and Technology (HKUST) - Class of 2010
Send PM
Re: Entrepreneurship [#permalink]
I;m on the entrepreneurship track...
Company has formed and we are prototyping already.

In teh current climate, VC funding is very rare for 'just an idea'. VC's fund based on the management team and how well they beleive they can execute the idea. For unproven people, this means they want to see either a strong team of advisors, and/or a proof of concept thats hows the business model is viable, with evidence that the management team is capable of executing.
Therefore, the usual methods of funding, particularly in this climate is FFF (Friends, Fools and Family).
User avatar
Intern
Intern
Joined: 16 Feb 2008
Posts: 22
Own Kudos [?]: 2 [0]
Given Kudos: 0
Concentration: International Finance - IB
Schools:Kelley, Moore, Krannert, Owen
Send PM
Re: Entrepreneurship [#permalink]
Kelley has a top notch Entrepreneurship center (Johnson Center), and Kelley is ranked #1 among public schools for it (US News).

https://www.kelley.iu.edu/JCEI/
User avatar
Senior Manager
Senior Manager
Joined: 01 Mar 2009
Posts: 266
Own Kudos [?]: 156 [0]
Given Kudos: 24
Location: PDX
Concentration: Entrepreneurship
 Q44  V40
Send PM
Re: Entrepreneurship [#permalink]
togafoot wrote:
I;m on the entrepreneurship track...
Company has formed and we are prototyping already.

In teh current climate, VC funding is very rare for 'just an idea'. VC's fund based on the management team and how well they beleive they can execute the idea. For unproven people, this means they want to see either a strong team of advisors, and/or a proof of concept thats hows the business model is viable, with evidence that the management team is capable of executing.
Therefore, the usual methods of funding, particularly in this climate is FFF (Friends, Fools and Family).


Thanks for the insight. The days of funding just for an idea are over, or rather they were gone after the dot com bust. I agree with you completely about the VC funding scenario. So it's key to have a strong team, and particularly a very strong advisory team - which can garner the VC attention. Unfortunately, such advisory resources are available only at top schools.
avatar
Intern
Intern
Joined: 10 Jan 2008
Posts: 7
Own Kudos [?]: 4 [0]
Given Kudos: 2
Send PM
Re: Entrepreneurship [#permalink]
What about those who already own mildly successful companies, and start to find their education/industry lacking?

Is an entrepreneurship focused MBA track still useful(it jives with previous background experience)? Or is there too much focus on company formation and financing... as compared to reorganization and development?
User avatar
Manager
Manager
Joined: 24 Jul 2009
Posts: 139
Own Kudos [?]: 115 [0]
Given Kudos: 10
Location: Anchorage, AK
Schools:Mellon, USC, MIT, UCLA, NSCU
Send PM
Re: Entrepreneurship [#permalink]
pleonasm wrote:
So, here's the thread for possibly the riskiest career path for b-school grads or for anyone in particular. So whoever has the appetite for the holy grail of careers, chip in your thoughts. Fire away. I'm separating out PE/VC from this track and focusing solely on 'product creation'.

Resources: ( in no particular priority )

Quite obviously, first and foremost one needs an idea, followed by team formation, followed by capital raising and finally the company kick start. Almost all the top programs listed above will provide the required groundwork and exposure in the form of:

    Incubating labs
    Business plan competitions
    Subsidized internships at local Startups
    Capital raising - Meet and greet with top VCs (mostly in the Silicon valley)
.

I'll be researching more on most of these centers and I'll post my findings here.

Edit: Added Darden and Stern
Edit: Added Dartmouth


1) Glad you started the conversation...sans PE/VC.
2) Where's Babson since it's been ranked the top entrepreneurship program in the world for like the past decade?
3) What's the benefit of interning with a startup? Asking because I actually get a little peeved when I see programs that provide more access to local start-ups than to students' start-ups. Logic: Why help somone else when I can help myself? Granted, I know that there are lessons to learned and insight to be gained from every experience.
4) Have you come across anything on Syracuse? No real MBA brand recognition but it seems to pop up on rankings.
User avatar
Senior Manager
Senior Manager
Joined: 01 Mar 2009
Posts: 266
Own Kudos [?]: 156 [0]
Given Kudos: 24
Location: PDX
Concentration: Entrepreneurship
 Q44  V40
Send PM
Re: Entrepreneurship [#permalink]
gottabwise wrote:
pleonasm wrote:
So, here's the thread for possibly the riskiest career path for b-school grads or for anyone in particular. So whoever has the appetite for the holy grail of careers, chip in your thoughts. Fire away. I'm separating out PE/VC from this track and focusing solely on 'product creation'.

Resources: ( in no particular priority )

Quite obviously, first and foremost one needs an idea, followed by team formation, followed by capital raising and finally the company kick start. Almost all the top programs listed above will provide the required groundwork and exposure in the form of:

    Incubating labs
    Business plan competitions
    Subsidized internships at local Startups
    Capital raising - Meet and greet with top VCs (mostly in the Silicon valley)
.

I'll be researching more on most of these centers and I'll post my findings here.

Edit: Added Darden and Stern
Edit: Added Dartmouth


1) Glad you started the conversation...sans PE/VC.
2) Where's Babson since it's been ranked the top entrepreneurship program in the world for like the past decade?
3) What's the benefit of interning with a startup? Asking because I actually get a little peeved when I see programs that provide more access to local start-ups than to students' start-ups. Logic: Why help somone else when I can help myself? Granted, I know that there are lessons to learned and insight to be gained from every experience.
4) Have you come across anything on Syracuse? No real MBA brand recognition but it seems to pop up on rankings.


Where's Babson since it's been ranked the top entrepreneurship program in the world for like the past decade?
You know, I've been quite baffled by Babson. I did enquire a bit about the school and everyone was in awe of their entrepreneurship focus. That being said, the school fails miserably in other areas and is not even ranked in the top 20.

What's the benefit of interning with a startup? Asking because I actually get a little peeved when I see programs that provide more access to local start-ups than to students' start-ups. Logic: Why help somone else when I can help myself? Granted, I know that there are lessons
There's a difference between interning at a local startup and interning at your own startup. Well at your own startup you wouldn't be interning anyways :). There are a few students who want to jump 'right in' and get 'hands on' right away and they might not have an idea or formed a company of their own. So the local startups do provide a way in which these students can get first hand startup experience. I don't think any B-School will favor one v/s the other. I mean if you are in the process of forming a company, the school wouldn't ask you to intern at a different startup.

Have you come across anything on Syracuse? No real MBA brand recognition but it seems to pop up on rankings
Heard it's a good engineering school but I have no clue about it's business curriculum.
User avatar
Senior Manager
Senior Manager
Joined: 01 Mar 2009
Posts: 266
Own Kudos [?]: 156 [1]
Given Kudos: 24
Location: PDX
Concentration: Entrepreneurship
 Q44  V40
Send PM
Re: Entrepreneurship [#permalink]
1
Kudos
Rook wrote:
What about those who already own mildly successful companies, and start to find their education/industry lacking?

Is an entrepreneurship focused MBA track still useful(it jives with previous background experience)? Or is there too much focus on company formation and financing... as compared to reorganization and development?


Sorry am posting this really late ..

May be. If you already own a successful company ( I mean there's no such thing as mildly successful :) ), and you want to take it to new heights, education might come in handy. You need to have explored all other options though. Let's say you want to expand your product lines or something like that, you must explore some options of doing this ( discuss with the local entrepreneurship community etc ). If you hit dead ends, then an MBA will definitely put you in line with the 'hows and whys' of product expansion. However taking 2 years off from a successful business is quite risky, unless you have someone who can run the business for you in your absence
User avatar
Manager
Manager
Joined: 24 Jul 2009
Posts: 139
Own Kudos [?]: 115 [0]
Given Kudos: 10
Location: Anchorage, AK
Schools:Mellon, USC, MIT, UCLA, NSCU
Send PM
Re: Entrepreneurship [#permalink]
pleonasm wrote:
Rook wrote:
What about those who already own mildly successful companies, and start to find their education/industry lacking?

Is an entrepreneurship focused MBA track still useful(it jives with previous background experience)? Or is there too much focus on company formation and financing... as compared to reorganization and development?


Sorry am posting this really late ..

May be. If you already own a successful company ( I mean there's no such thing as mildly successful :) ), and you want to take it to new heights, education might come in handy. You need to have explored all other options though. Let's say you want to expand your product lines or something like that, you must explore some options of doing this ( discuss with the local entrepreneurship community etc ). If you hit dead ends, then an MBA will definitely put you in line with the 'hows and whys' of product expansion. However taking 2 years off from a successful business is quite risky, unless you have someone who can run the business for you in your absence


Ditto. I'd also venture to say that you might actually be able to focus on your specific business in business school. In fact, I find that some programs love for you have experience with your own company. It adds value to the b-school experience of others.
GMAT Club Bot
Re: Entrepreneurship [#permalink]
Moderators:
Math Expert
93096 posts
GMAT Tutor
1904 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne