Master of Business Administration in Entrepreneurship - Working Professionals
As our name would suggest, the H. Wayne Huizenga School of Business and Entrepreneurship is uniquely suited to prepare you to expand your entrepreneurial interests. Our M.B.A. in Entrepreneurship degree program will prepare you to:
For an outline of this program, please see the Curriculum Guide.
For more information about the program, please contact:
Curriculum Guide 
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| MGT 5012 | 21st Century Management Practices |
| ISM 5014 | Enterprise Information Systems |
| MGT 5020 | Managing Organizational Behavior |
| QNT 5040 | Business Modeling |
| ECN 5050 | Economic Thinking |
| ACT 5060 | Accounting for Decision Makers |
| MKT 5070 | Managerial Marketing |
| ENT 5990 | International Trade for Entrepreneurs |
| MGT 5940 | Entrepreneurship/Law & Ethics |
| MKT 5950 | Delivering Superior Customer Value/Entrepreneurship |
| ENT 5960 | Entrepreneurship/Venture Initiation |
| FIN 5970 | Entrepreneurship/Finance |
| ENT 5980 | Entrepreneurship/Management |
| MGT 5102 | Value Integration Capstone |
For a description of these courses, including prerequisite requirements, see the Course Descriptions section.
Course Descriptions top
Full-Time professionals are available to discuss course content in greater detail with you. Simply contact your Admissions Manager at 800.672.7223 Ext. 25168 or use the Contact Us link.
MGT 5012 21st Century Management Practices (3 cr.)
Students will gain an understanding of leading state-of-the-art business theories and will be able to apply them to real-world situations. They will learn to understand and challenge the ideas of 20th century management thinkers, and to practice developing and challenging their own theoretical and applied models and paradigms.
ISM 5014 Enterprise Information Systems (3 cr.)
Information and communication technologies are essential tools in today's global business environment. They are also important to the development of innovative business models. This course explores the use of these technologies both to build innovative systems to gain competitive advantage and also to optimize operations for competitive advantage, particularly through the use of enterprise systems. The implementation and use of these systems to build strategic partnerships and customer relationships are also discussed. Prerequisites: For Day MBA students only, ISM 5103 is required.
MGT 5020 Managing Organizational Behavior (3 cr.)
Students will gain a working knowledge of how to manage personal, interpersonal, and group processes by having the interpersonal skills to assume responsibility for leading and promoting teamwork among diverse stakeholders. Students will learn to manage individual and group behaviors in improving organizational productivity and performance. Through experiential learning, students will learn to integrate home, work, and educational observations and experiences and to convert them into proactive practical applications for growth and renewal.
QNT 5040 Business Modeling (3 cr.)
This course covers the techniques of problem solving, optimization and business modeling using the concepts of statistics and management science in a spreadsheet environment. The course focuses on that practical application of quantitative analytical techniques. Prerequisites: FINP 5008 and QNTP 5002 or equivalents.
ECN 5050 Economic Thinking (3 cr.)
Students will learn how to use economic thinking in making managerial decisions and motivating others to make decisions that increase the value of organizations. Prerequisites: ECNP 5003 or equivalent.
ACT 5060 Accounting for Decision Makers (3 cr.)
Students will learn to reconsider accounting information for managerial decision making, and will then take this information and transform it into financial guidelines for deciding among capital ventures, product and service offerings, funding options, and budgets. Prerequisite: ACTP 5001 or equivalent, FINP 5008, and QNT 5040.
MKT 5070 Managerial Marketing (3 cr.)
Students will gain a working knowledge of marketing management by learning to think strategically and to develop marketing plans aligning marketing initiatives with market opportunities. Students will be able to implement the functional strategies and marketing plans to optimize customer and organizational value. Prerequisite: MKTP 5005 or equivalent.
ENT 5990 International Trade for Entrepreneurs (3 cr.)
This course provides students with key concepts and skills to identify international opportunities/threats, analyze their impact, formulate appropriate strategies and implement applicable action plans to achieve company goals. The course will help students understand today's competitive global environment, marketing, finance, and policy. The course examines legal, logistical, organizational and cultural issues.
MGT 5940 Entrepreneurship/Law & Ethics (3 cr.)
Legal aspects of Entrepreneurship including contract law, intellectual property law, arbitration, mediation, court proceedings, internet law, buy/sell agreements, and partnership agreements with case studies, and a legal feasibility project. Additionally, this course will examine ethical ramifications of Entrepreneurship within the Value Driven Management model.
MKT 5950 Delivering Superior Customer Value/Entrepreneurship (3 cr.)
Students will learn to apply the customer-value paradigm in creating a market-driven culture that designs and delivers optimum long-term value to customers. They will examine strategies for optimizing and communicating customer value, measuring customer orientation and building customer relationships; and will learn (using case analysis and exercises) how to blend the delivery of service and product quality with pricing strategies to maximize value for the entrepreneurial firm.
ENT 5960 Entrepreneurship/Venture Initiation (3 cr.)
Introduction to Entrepreneurship with an emphasis on the employment process, managing growth, and the legal environment using the case-study method, guest speakers and feasibility plan software.
FIN 5970 Entrepreneurship/Finance (3 cr.)
Developing the business plan, capital formation, valuation, and financial management using the case-study method, guest speakers, and business plan software. Prerequisites: FINP 5008 or equivalent and ENT 5960.
ENT 5980 Entrepreneurship/Management (3 cr.)
Strategic planning, operations management, inventory management, selling and sales management using the case-study method, and guest speakers. Student teams will be assigned consulting work at selected businesses in the community. Prerequisite: FIN 5970.
MGT 5102 Value Integration Capstone (4 cr.)
Students will develop the leadership skills to assume individual responsibility for effectively creating and producing appropriate regional, national, or global organizational outcomes; and skills in reflective thinking and critical analysis (e.g., using action research methods and tools) to convert organizational core competencies into organizational performance consistent with an organization's vision. Prerequisites: Full matriculation, completion of 39 credit hours in the appropriate degree program and a 3.0 GPA. This class is pass/fail and does not calculate into the student's GPA. This course is not financial aid eligible when taken by itself.
Prerequisite Course Descriptions top
ACTP 5001 Introductory Accounting (3 cr.)
An accelerated introductory course stressing the essential elements of accounting skills that will be used in the master's degree program. Managerial uses of accounting data and preparation of financial statements will be covered in this course. Course satisfies program prerequisite of financial accounting for master's degree programs.
QNTP 5002 Introductory Statistics (3 cr.)
This course satisfies the prerequisite of statistics for master's degree programs. The concepts of statistical notation, probability are covered as well as the principles of estimation using the central limit theorem.
ECNP 5003 Introductory Economics (3 cr.)
This course is designed to acquaint the student with economic issues of the day (e.g., inflation and recession as they affect family and national income). Students will recognize relationships among prices, wages, profits, and supply and demand as they influence daily lives. Course satisfies program prerequisite of economics for master's degree programs.
MKTP 5005 Introductory Marketing (3 cr.)
This is a survey of the essentials of marketing. Covers the nature of marketing and its environment, selecting target markets, marketing research, customer behavior, and forecasting sales. Emphasis on marketing strategy planning. Course satisfies the program prerequisite of marketing for master's degree programs.
FINP 5008 Business Finance (3 cr.)
A survey of the essentials of finance and its environment. Financial management as it applies to organizations, ratio analysis, leverage, working capital management, capital budgeting, capital structure, and other concepts as they apply to business organizations. Course satisfies program prerequisite of finance for master's degree programs.
Advisory Board - M.B.A. in Entrepreneurship top
Chances are that you've studied from a text written by one of our faculty members. Perhaps you have read about the recognition they and our alumni have received from the national and global business communities. As a student at the H. Wayne Huizenga School, you will interact with professionals who both teach and advise. An important group of professionals who guide our programs is represented by our Advisory Group.
Recognized entrepreneurs, these individuals dedicate their time and attention to ensure that the M.B.A. in Entrepreneurship remains highly innovative and responsive to the needs of today's professionals. While membership on the Advisory Board changes, those members have included:
Former CEO of Alamo Rental Car who successfully sold Alamo to Wayne Huizenga's Auto Nation. Currently serves as a senior consultant to ANC Rental.
Co-founder of SafeCard Services, Inc. the national largest credit card services company. Steve guided SafeCard from its start-up to its listing on the NYSE. Currently involved in various real estate developments, private investments, and CEO of The Reunion Group.
Co-founder of City Furniture, a $170 million premier South Florida retail furniture company.
Mr. McKinney is currently a founding partner of Watershed Capital LLC - a $50 million private equity fund which invests in technology startups. He previously founded International Network Services (1991) based in Sunnyvale, California and served as chairman until its sale to Lucent Technologies for $3.7 billion in 1999. This was Mr. McKinney's fourth successful start-up. The success of INS was directly linked to his experience building successful new ventures.
From bank teller to vice president and managing executive of South Florida's most prestigious bank, Northern Trust.
CEO and partner with his brother in one of South Florida's premiere construction companies.
Attorney and owner of his own firm specializing in high-end residential properties and commercial lease and property acquisition.
CFO of Renaissance Cruises. Instrumental in the sale of Precision Response, a public company.
Dealer with his brother for Ferrari, Jaguar, Porsche, and Range Rover. Dealerships are located in Fort Lauderdale, Naples and Fort Myers.
Partner in Keefe, McCullough, a large regional public accounting firm. Specializes in tax, investment, and acquisitions.
President and publisher of the Chicago Tribune. Represented the Tribune's interest in AOL from 1991 until 1999.
Former President and CEO of four Kenworth truck locations rated number one in sales and first U.S. dealer to sell Japanese medium duty trucks. Member of NSU faculty.
The Halmos Entrepreneurship Certificate of Excellence top
The Halmos Entrepreneurship Certificate of Excellence is designed to encourage academic excellence as well as achievement in entrepreneurial activities outside the classroom.
- A minimum of a 3.75 grade point average for all entrepreneurship courses.
- Students must participate in at least one business plan competition. The competition must be pre-approved by the Director of the Entrepreneurship Program.
- Students must submit an original idea to their employers to address on the following:
- To improve service
- To Increase profits
- To reduce expenses
Proposals that have been accepted and approved by the respective employers must be submitted and approved by the Director of the Entrepreneurship Program. Students that are not employed may use an organization that is accepted by the Director.
- At graduation qualified students will receive a certificate signed by the Dean and the Director of the Entrepreneurship Program.
- The names of the award recipients will be placed on a plaque prominently displayed in the Carl DeSantis' building at the H. Wayne Huizenga School of Business and Entrepreneurship.
- Press releases with the names of the award winners will be issues to local newspapers each term. Home-town newspapers for out of town students will be notified when applicable.
Press Release top
December 13, 2001
FORT LAUDERDALE, FL-Owning and operating a business can be difficult for entrepreneurs who do not understand the opportunities and intricacies of free enterprise in America. To help facilitate that understanding and to nurture the entrepreneurial spirit, the Wayne Huizenga Graduate School of Business & Entrepreneurship at Nova Southeastern University has developed a new Masters of Business Administration program with a concentration in Entrepreneurship.
The program, which is scheduled to begin in April 2002, is designed to give graduates the competitive advantage by providing them with the skills, knowledge, and confidence to become successful entrepreneurs. Additionally, students will build a portfolio of their projects that can be used for future job interviews, capital formation, or as a reference for real-life situations.
To earn the MBA with a concentration in Entrepreneurship, students must complete courses that deal with different aspects of owning a business including Entrepreneurship/Law and Ethics Delivering Superior Customer Value/Entrepreneurship; Entrepreneurship /Venture Initiation; Entrepreneurship/Finance; Entrepreneurship/Management; and International Trade for Entrepreneurs.
Students who want to earn a MBA with a certificate in Entrepreneurship, or those who already have an MBA, will only have to take three additional courses: Entrepreneurship and Venture Initiation, Entrepreneurship/Finance and Entrepreneurship/Management.
The program was developed with the input of the Huizenga School Advisory Board, an impressive list of business experts who understand the true meaning of free enterprise. They include:
- Keith Cobb, former CEO of Alamo Car Rental who successfully sold Alamo to Wayne Huizenga's AutoNation. Cobb currently serves as a senior consultant to ANC Rental
- Steve Halmos, co-founder of SafeCard Services, Inc., the nation's largest credit card services company
- Jim Hilmer, retired executive who was the former senior officer and partner of one of the World's largest advertising agencies, and former CEO of a successful Internet company
- Keith Koenig, CEO and co-founder of City Furniture, a $170 million premier South Florida retail furniture store
- Carolyn Lee, vice president and managing executive of Northern Trust Bank
- Tom Miller, CEO and partner with his brother in Miler Construction Company
- Dave Murray, attorney and owner of David P. Murray, PA, which specializes in high-end residential properties and commercial lease and property acquisition
- Paul O'Hara, formerly CFO of Precision Response, a public company
- Helen Simon, owner and CEO of a financial investment firm, Personal Business Management, and an adjunct professor at NSU and FSU
- Scott Smith, president and publisher of the Chicago Tribune
- Thomas M. Tworoger, DBA, former president and CEO of four Kenworth Truck locations, the first U S. dealer to sell Japanese medium duty trucks. Guided sale of $130 million company to Freightliner Corporation. Tworoger is an associate professor at NSU.
- Steve Woods, partner in Keefe, McCullough, a regional public accounting firm, which specializes in acquisitions, taxes and investments.
The Wayne Huizenga Graduate School of Business & Entrepreneurship offers masters degrees in Accounting Business Administration, Public Administration, International Business, Health Services Administration, Human Resource Management, and Taxation, and doctoral degrees in Business Administration, International Business Administration and Public Administration. Several of these programs are offered online or in the weekend format.
For more information about the MBA with a Concentration in Entrepreneurship, or my of the other programs offered at the Huizenga School, please call 1-800-672-7223
Newspaper Clippings top
MIAMI TODAY
Schools of business at some of South Florida's public and private universities offer programs in entrepreneurship for students in a variety of disciplines, and a few cater to business owners as well.
The 30-year-old H. Wayne Huizenga School of Business and Entrepreneurship at Nova Southeastern University uses active business owners as faculty, said Thomas M. Tworoger, DBA, who runs the program.
In addition, he said, many permanent faculty members have private-sector experience.
"We not only teach how to analyze companies," he said, "but also management skill sets."
Students in the program tend to fall into one of four categories, Dr. Tworoger said - those who want to be entrepreneurial in a large corporation, those who will one day run a family business, those who want to start a business or those who hope to acquire one.
The Huizenga School runs interdisciplinary programs that teach student and other professional school how to run their own businesses.
"To them, we can deliver the basics such as how to buy insurance, and what the labor laws are." Dr. Tworoger said.
Within six months, Florida international University's Center for Global Entrepreneurship, Leadership & innovation plans to introduce courses aimed at businesspeople in conjunction with local chambers of commerce, said Executive Director Alan Carsrud.
FIU offers a concentration in entrepreneurship in its evening master of business administration program, he said. Campus courses are open to students in all disciplines.
The center's offerings, Mr. Carsrud said, include programs about how to go public, how to reach venture capitalists, how to set up boards of directors and corporate governance.
"We plan a series of research studies about improving the environment for entrepreneurial ventures," he said.
Also, Mr. Carsrud said, FIU is involved in ongoing talks with Nova Southeastern University and the University of Miami to set up a regional biotechnical business incubator.
The Adams Center for IT Entrepreneurship & Venture Capital at Florida Atlantic University was founded a couple of years ago, said Assistant Director Bob Keltie, with a $2 million grant from FAU graduate Scott Adams, "who did very well in the dot com boom."
The center's business curriculum is the same one that has been taught by the business school for years, he said.
"These are senior-level elective courses open to degree-seeking students from any discipline," he said, "but ideally, we would like them to have completed all the core courses - accounting, finance, marketing, international business and management."
Students work with faculty and researchers to become aware of lab-to-market potential, Mr. Keltie said.
Enterprise Development Corp. of South Florida manages a business incubator in a business park next to FAU.
To be eligible to lease a space in the incubator, said Executive Director Jane Teague, businesses must form a relationship with FAU and use students as interns or faculty on their advisory boards.
"There are six companies that physically reside in the incubator," she said, "but we assist close to 200 a year through our mentoring program."
The 15-hour mentoring program, which is free, is structured as a clearinghouse to make introductions between fledgling entrepreneurs and local business leaders, she said, "and it's up to them."
Ms. Teague said Enterprise Development is a partner in a $30 million state grant awarded to three Florida universities to develop a "center of excellence" specializing in biomedicine and marine biotechnology.
The University of Miami offers a concentration in entrepreneurship in its School of Business, said Phil Needles, a lecturer of entrepreneurship.
In addition, he said, UM last year inaugurated a competition to give students more practical experience in entrepreneurship. Contestants write and present business plans for actual ventures they hope to pursue. After evaluation by panelists from the business community, he said, three monetary prizes and some honorable mentions are awarded.
Monday, March 15, 2004
South Florida entrepreneurs are teaming with universities to encourage the entrepreneurial spirit.
At Florida Atlantic University, graduate and entrepreneur Scott Adams lends his name and money to The Adams Center for IT Entrepreneurship and Venture Capital.
This spring, The Adams Center is again sponsoring a business plan competition. Students, faculty and anyone who wants to work with students and faculty at FAU can compete for up to $10,000 in a business plan competition this spring.
The 2004 competition is being funded by another entrepreneur, David Nicholson, who founded the investment York Management and Research Inc. in Jupiter. Nicholson is also a major backer of Junior Achievement.
Applicants have the resources of The Adams Center available to them. They also are given a mentor from the private sector. The business plans are reviewed by judges, who include venture capitalists.
Deadline for submission to FAU's competition is March 22.
FAU's competition is one of several for business plans held at universities around Florida.
At Florida International University in Miami, Fort Lauderdale entrepreneur Howard Leonhardt is challenging students to be entrepreneurial.
Howard Leonhardt, founder of Fort Lauderdale-based Bioheart Inc., gave $100,000 to FIU to underwrite its competition and prizes. The two grand prizes are worth $25,000 each.
The Howard J. Leonhardt New Venture Challenge is limited to FIU students. Teams already have been assembled and the list of finalists is due out soon.
Nova Southeastern University in Davie doesn't have a business plan competition, but does urge its students to be "intrapreneurial," using entrepreneurial creativity within the companies for which they work.
Students are competing this year for the "Halmos Certificate," named after Fort Lauderdale entrepreneur and university donor Steve Halmos, who co-founded the credit card services firm SafeCard Services.
Thomas M. Tworoger, DBA, who teaches an entrepreneurship class at Nova, says the students with a concentration in entrepreneurship are eligible for the certificate if they achieve at least a 3.75 in six courses, submit a business plan and implement an idea for a company or organization that makes or saves money.
Tworoger says Halmos has visited his class, which brings the students' entrepreneurial studies to life. "It's great to have people in the community involved with us," he says.
Whether you're a student or a budding entrepreneur, writing a business plan is an important learning process.
Too often people write business plans that don't address the "unique selling proposition" of their product or service, says Bob Keltie, assistant director of FAU's Adams Center.
Winners of last year's competition at FAU said the prize and the resources available to them -- particularly the free rent in the incubator on campus -- has helped them get off to a running start.
Gustavo Pospischel and Juan Pablo Giangapero were both graduating MBA students at FAU last August when they won FAU's 2003 business plan competition. In November, the graduates went into business together providing computer network security.
Today, Owl Digital Security -- named after FAU's Fighting Owls -- is only a few months old, but it already has three employees.
For details on FAU's competition, e-mail entrecenter@fau.edu or call The Adams Center at 561-297-3177. To learn about FIU's competition, go to http://nvc.fiu.edu or call 305-348-2751.
Marcia Heroux Pounds can be reached at mpounds@sun-sentinel.com or 561-243-6650
Stop by anytime throughout the day to learn how you can earn your undergraduate or graduate business degree from the Huizenga School. Speak with our admissions staff about degree programs and meet with academic advisors. Find out how a degree from the Huizenga School can help advance your career.
