Practical Entrepreneurship (Certificate Program)
During the Practical Entrepreneurship Certificate Program students will select an actual business idea and complete a feasibility study/startup business plan. The program is not the study of business but rather the application of business principles to the students’ business idea. Students should be prepared to accept some form of expense when developing their business entity and complying with registration and licensing requirements. By the end of the program, students will have completed the necessary work to open their own business
Students enrolled in this certificate program are required to follow courses in the sequence set out for the program.
What will I learn?
This program provides a solid foundation on a variety of business principles – especially with an eye toward owning and managing your own business. One of the highlights of the program is the completion of a feasibility study based on your business idea.
How long is this program?
At 18 credit hours, the online Practical Entrepreneurship Certificate program is designed to be completed in 8 months. One applicable course is allowed to transfer toward this program, which could reduce your time needed to complete this course.
How much will it cost?
The undergraduate rate is $295 per credit hour – lower if you’re a member of the military, a veteran or part of a military family. Scholarships are also available for those who qualify. This program is not approved for Federal Student Aid (Title IV) educational benefits.
When can I start?
Courses begin monthly, so we’re ready when you are. Enroll today!
Call us at (888) 947-2684 to learn more about the Practical Entrepreneurship Certificate Program and UA Grantham's other accredited degree programs, financial assistance opportunities for students, or the enrollment process.
Practical Entrepreneurship (Certificate Program)
Practical Entrepreneurship Outcomes
After successfully completing your entrepreneurship classes, you will be able to:
- Demonstrate the use of tools needed for an innovative organization to succeed in the real world
- Perform strategic planning
- List the marketing management functions, including constructing a marketing plan that builds customer relationships
- Define a business market and identify the major factors that influence business and consumer buying behaviors
- Define the new product development process and the product life cycle
- Construct a financial, operational and business plan for the first three years of a startup organization
Core Professional Competencies
We prepare graduates to succeed in a variety of professional and civic settings by incorporating these critical life skills into the Practical Entrepreneurship curriculum:
- Communication – Formulating and expressing thoughts and ideas effectively using oral, written and non-verbal communication skills in person, in writing and in a digital world.
- Distributed Collaboration – Working effectively across distributed locations and asynchronously to achieve a common goal through relationship-building, shared responsibility, empathy and respect.
- Professional and Social Responsibilities – Engaging in social responsibility through seeking justice, valuing diversity, respecting the environment; demonstrating professionalism through integrity, mutual accountability and ethical behavior. This includes considering the social and global impact of individual and organizational decisions and an awareness of and adherence to regulations, professional standards and industry best practices.
- Critical thinking/problem solving – Using analytical reasoning when gathering and evaluating relevant information to effectively formulate possible solutions for an issue, problem or a variety of issues. This includes the ability to recognize potential consequences of a decision.
- Data Aptitude - Developing information literacy and the capacity to manage data with subsequent finding, structuring, evaluating and interpreting in order to provide meaningful analysis to accomplish a specific purpose.
Practical Entrepreneurship (Certificate Program)
University of Arkansas Grantham’s 100% online entrepreneurship training coursework is designed to help you prepare for your next challenges.
| PROGRAM SNAPSHOT: | |||
|---|---|---|---|
| Program Core Credits: | 18 | ||
| Total Credit Hours: | 18 | ||
| Accreditation(s): | DEAC |
| Program Core: | 18 | ||
|---|---|---|---|
| Course: | Title: | Credits: | |
| Course: MGT150 | Title: Principles of Business Management | Credits: 3 | |
| This introductory course provides students with a practical and concrete explanation of the concepts and techniques they will need as managers in today's new organizations. The sequence of topics follows the familiar pattern of planning, organizing, leading, and controlling. Throughout the course, the manager's role in leading and accommodating change is emphasized. The course also introduces the student to the issues of managing global businesses, especially the ways in which managers need to develop a global perspective in order to be successful. Issues in strategy, diversity, and entrepreneurship are covered extensively. | |||
| Course: ACC220 | Title: Financial Accounting | Credits: 3 | |
| This introductory financial accounting course introduces the student to the important role of financial accounting in modern business. The key role of financial accounting is to provide useful information to external users in order that a wide variety of economic decisions can be made. The course covers the theory and practice of accounting applicable to the recording, summarizing and reporting of business transactions. Topics include the different types of financial statements and accounts, asset valuation, revenue and expense recognition and appropriate accounting for asset, liability and capital accounts. | |||
| Course: ENT300 | Title: Entrepreneurial Readiness | Credits: 3 | |
| This course will assist the student in assessing his/her desire to become an entrepreneur, assist the student in formulating a business opportunity and assist the student in completing a feasibility study. At the end of the course students will be asked to determine whether they believe they have the knowledge, skills, abilities and resources to continue on in their journey to become an entrepreneur. | |||
| Course: ENT310 | Title: Entrepreneurial Marketing & Operations | Credits: 3 | |
| This course will assist the student in completing a marketing plan and an operations plan including market research and regulations impacting the small business owner. At the end of this course, students will have the completed marketing plan and operation plan to insert into their final business plan covering the processes, procedures and policies to move forward. | |||
| Course: ENT340 | Title: Entrepreneurial Finance | Credits: 3 | |
| In this course, students learn the basics of accounting and financing for the entrepreneur and how they may guide informed decision making. Topics covered include how numbers are entered in the accounting system and how the system produces important financial reports. Students will gain an appreciation for the importance of knowing the standard set of financial statements and learning how to interpret: the balance sheet, the income statement, the statement of cash flows and the statement of owner's equity. Finally, the course discusses start-up and growth financing. | |||
| Course: ENT451 | Title: Entrepreneurial Business Planning | Credits: 3 | |
| This course will assist the student in gathering their materials together and completing a full comprehensive business plan. At the end of the course the student will be asked what their next steps will be should they wish to pursue opening up a business. | |||
Prerequisites are not required, though courses must be taken in the order listed above. Up to 3 credit hours may be transferred in.