Entrepreneurship & Innovation Management Program

Create Your Vision

Entrepreneurship is the capacity and willingness to develop, organize and manage a venture along with any of its risks. Innovation Management is handling all the activities needed to “introduce something new”. This includes: the idea, development, and implementation, as well as the product launch and introduction of new internal processes.

SOM faculty teaching a class.

Why Earn Your Bachelor of Business Administration in Entrepreneurship & Innovation Management at UM-Flint?

Flint is at the forefront of entrepreneurship and has established a community of entrepreneurs and local businesses. The University of Michigan-Flint’s direct connection to this network is the Hagerman Center for Entrepreneurship & Innovation. This center was created to facilitate entrepreneurial and innovative skills to help graduates thrive and be successful with a variety of activities such as entrepreneurial workshops, idea pitch competition, networking, programs, and events.

Professional Preparation

UM-Flint’s Bachelor of Business Administration in Entrepreneurship & Innovation Management emphasizes entrepreneurship, innovation and new product development management, conflict resolution and negotiation, team-building, and project management. It provides depth and breadth of educational exposure for students interested in either starting their own business or working in entrepreneurial and innovative organizations.

100% Flexible Online Program Option

The program’s online format accommodates the learning styles and schedules of today’s busy students — whether those students are starting as first-year or taking advantage of transferable credits earned at another institution. The program is also available in a traditional face-to-face format.

Be Involved in Business

  • Entrepreneurs Society: The School of Management (SOM) proudly supports and sponsors nine student organizations that are nationally recognized and have received national awards. Student organization members gain real-life career experience and make professional connections not only within the Flint community, but worldwide. Students can be a member of the award-winning Entrepreneurs Society club and will have an opportunity to build a network with like minded students and entrepreneurs in this club. This club can also provide mentoring and frequently has guest speakers to coach students. The Entrepreneurs Society won global chapter of the year in 2019 out of 600+ other student organizations. Interested students can email Michael Witt, Lecturer IV of Business Law & Management, Entrepreneur-in-Residence.
  • Hagerman Center for Entrepreneurship & Innovation: The Hagerman Center for Entrepreneurship & Innovation is the heart of entrepreneurship within the SOM. The Hagerman Center facilitates entrepreneurial knowledge and interest among all UM-Flint students across campus through workshops, networking, programs, and events. The center connects entrepreneurial students with appropriate resources and builds entrepreneurial excitement beyond the classroom, all while serving the City of Flint.
  • Over $40,000 in scholarships for entrepreneurship & innovation management students
  • Idea Pitch Competition “Zillion Solutions” where students complete for thousands of dollars
  • Internships/Career Readiness: An internship provides an opportunity to engage in an activity of experiential learning using the knowledge acquired in the classroom and putting it to practical use within the professional setting. An internship opportunity will provide hands-on experience allowing students to practice activities in their profession, as well as identify future career opportunities. Additionally, SOM partners with organizations locally, state-wide, and internationally for college internships. Internships may count for  academic credit when participating in a paid internship opportunity.
  • Study Abroad: SOM hosts faculty-led study abroad trips that are three weeks or shorter in the spring/summer semester. You will gain firsthand knowledge about business and culture in a foreign country alongside an experienced professor and a group of peers. Study abroad trips count towards UM-Flint credit and are eligible for financial aid and scholarships.

Expert Faculty

UM-Flint’s Entrepreneurship & Innovation Management faculty bring practical working knowledge into the learning environment and are experienced, tested, and respected global experts in their field. Like all University of Michigan instructors, they have a passion for education and years of experience teaching and researching current business issues. Entrepreneurship & Innovation Management faculty are available to consult with students wishing to pursue careers in entrepreneurship and innovation management.

Accreditation

The UM-Flint MSA program is accredited by AACSB International, the highest accrediting body for business schools worldwide. Only 5.5% of business schools are accredited by AACSB. In accordance with AACSB, we subscribe to the highest standards in management education. We prepare students to contribute to their organizations and the larger society and to grow personally and professionally throughout their careers.

Dual BBA/MBA Degrees

High achieving students will have the opportunity to apply for the joint BBA/MBA program in their junior year. This program will allow students to substitute senior-level BBA major courses with corresponding MBA concentration courses. Students also have the opportunity to waive four MBA foundation courses by earning B’s or better in the equivalent BBA courses. BBA students in this program could earn their MBA for as few as 24 credits, instead of the traditional 45 credits.

Bachelor of Business Administration in Entrepreneurship & Innovation Management

Within the BBA degree, entrepreneurship students will take 18 credits of specialized entrepreneurship and Innovation courses. Students may choose from:

A. Major Core Courses

  • EIM 340 – Introduction to Entrepreneurship (3)
  • EIM 349 – Innovation Management (3)
  • EIM 440 – Entrepreneurship and New Venture Creation (3)
  • MKT 332 – Marketing Research (3)
  • MKT 435 – New Product Development (3)

B. Major Electives
At most one from:

  • MGT 347 – Managing Projects and Teams (3)
  • MGT 397 – Project Management (3)
  • MGT 443 – Developing Negotiations Skills (3)
  • EIM 394 – Entrepreneurship Internship Program (1-3) (Must be taken for 3 credits)

Entrepreneurship & Innovation Management Career Outlook

UM-Flint entrepreneurship & innovation management students from 2019-2021 have interned at 100K ideas, Mott Foundation, and the UM-Flint Hagerman Center for Entrepreneurship & Innovation.

UM-Flint SOM alumni are currently employed at a variety of organizations ranging from non-profits, corporations, self-employed, or Fortune 500 companies. Entrepreneurship & Innovation Management alumni are currently self-employed or employed at 100K Ideas, Ferris Wheel, United Shore, StockX, Skypoint Ventures, and more.

A salary for someone that holds an Entrepreneurship & Innovation Management degree can largely vary depending on what that individual is doing. According to the Bureau of Labor Statistics, the average salary for a Project Management Specialist and Business Operations Specialist was $77,420 in 2020. The projected percent change in employment from 2019 to 2029 is growing faster than average at around 6%.

$77,420 median annual wage for project management specialists Source: bls.gov

The top occupations for someone with an Entrepreneurship & Innovation Management degree are:

  • Starting the Company of their Dreams!
  • Working in a Start-up
  • Franchise Owner
  • Project Manager
  • Sales
  • Corporate Entrepreneur

Top Industries:

  • Technology
  • Healthcare/Medicine
  • Real Estate
  • Consumer Retail
  • Corporate Business

Advising Services

At UM-Flint, we are proud to have many dedicated advisors who are the experts students can rely upon to guide their educational journey. Explore all the possible pathways for your future, and book an appointment today.

In addition to academic advising, SOM provides extensive career advising services to help you define a clear path for your career. Contact Antonio Riggs at anriggs@umich.edu or call (810) 237-6680 to schedule your appointment.


Learn More about the Bachelor of Business Administration in Entrepreneurship & Innovation Management

If you’re ready to build the skills to start your own company or lead an existing organization to new heights, UM-Flint is here to support you along the way. Apply today or contact us to learn more.