What is "Strategic Management"?

In a sense, "Strategic Management" is a broad subject and many MBA programs has a concentration in something like "Strategy" or similar (many bschools have Entrepreneurship concentration as well). These concentrations will allow you to choose electives on top of standard requirements and you can concentrate in Entrepreneurship focused strategy or Management Consulting-like focused strategy for corporations, etc.

If your goal is to spend some time at consulting firms or VC's (post-MBA) and later on, venture out on your own, then it's not an issue. Your ob the job experience alone probably will give you enough experience and know-how for successful entreprenuership.

But if your goal is to get into entrepreurship right out of bschool, it probably would make sense to take courses relevant to entrepreneurship in school such as :
- Financial Accounting
- Marketing Management
- Entreprenuerial Strategy
- Entreprenuerial Cases and Analysis
- Management of Family Business/Sole Proprietorship
- Entreprenuership Venture Research & Development
- Management of Entrepreneurship
- Venture Capital and Entrepreneurial Finance
- Managerial Finance
- Business Law
- E-Business Management
- HR Management (Management Science)
- Negotiations
(Plus many more)

Thanks formerlyknownas, unplugged and nink! Very helpful information.

In my career goal essay, I had to bridge my past experience as big 4 (financial reporting and tax) to my future career goal of entreprenuership. I found it really difficult to build the case. So I was thinking a logic short-term career goal would be "strategic management". Hence I asked the question as to how it really helps to get to the entreprenuership goal.

Thanks again for the great help!

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