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McGuire Center for Entrrepreneurship

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Masters in Business Administration, Full-Time and Accelerated Programs

Eller MBA Full-Time and Accelerated Program students participate in entrepreneurship as a concentration with a corresponding major.

Follow a link below or scroll down for all MBA (Full-Time and Accelerated Programs) application information:

Application Dates

McGuire Entrepreneurship Program application dates for Eller MBAs are October 1, 2009 - March 1, 2010

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Program Duration and Courses

Program orientation sessions begin in late March or April 2010 (2-3 sessions), followed by required summer coursework (can be completed via web-based functions — not necessary to be physically present at UA). The 2010-11 program consists of the following courses:

Fall

  • Venture Development I, Tues 3:30-4:45; Thurs 3:30- 6:15
  • Finance 536, Tu/Thu 9:30-10:45

Spring

  • Venture Development II, Thurs 3:30-6:15

* All course syllabi are integrated around program new venture benchmarks.

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New Venture-Based, Experiential Process

The McGuire Entrepreneurship Program uses the new venture process as a team-specific textbook for learning entrepreneurial principles and success. Students will work in teams of four on the development of an innovative, scalable venture through the development phases of Formulation; Validation; Strategies; Business Plan Authorship; and Fluency, Funding, and Application.  This process mirrors the real world process of planned exploration and movement of an innovative idea to reality. 

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Outcomes

Students will emerge from the program with a high level of entrepreneurial management ability and understanding; equipped to move on opportunity and solve problems more effectively, more efficiently, and with a better understanding of 21st century economic implications:

  • Assessment: Understanding fundamental characteristics and attributes of problem to design an economically viable solution that the intended user is both willing and able to access. When starting with solution, understanding characteristics and attributes to determine multiple uses and associated markets/values/costs, etc., to maximize knowledge portfolio value.
  • Valuation: Capturing, illustrating, and communicating traditional and alternate values:  Commercial, social, eco/environment, economic, etc. Ability to leverage cultivator pools that reflect all relevant value sets.
  • Use: Ensuring that knowledge can be used and continue to be used wisely and efficiently, with full understanding of changes in markets, cultural, environment, and advancement of new applications.
  • Management: Preparing individuals to manage knowledge as a commodity and with clear understanding of ownership and use implications and ability to maximize potential.

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Application Requirements

Application Checklist

1. Intent to Apply form
2. Application information session
3. Resume with statement of work
4. Fall 2009 transcript (unofficial)
5. Statement of entrepreneurship

To apply to the McGuire Entrepreneurship Program, complete the following requirements (view checklist to right for overview):

Intent to Apply

To initiate your application, you need only fill in, print, sign, and submit the Intent to Apply Form.  However, all application requirements must be met for the applicant to be considered for acceptance.  

Application Information Session

MBA applicants will be able to attend an application information session. These will be offered during the fall and early spring semesters. Announcements will be made through the MBA office. During these sessions, general information regarding program design, expectations, outcomes, and other relevant information will be discussed. Individual questions can be answered during the session, or during one-on-one meetings following the orientations.

Application Questionnaire

  • Resume and statement of work. Not just a resume — please take a few moments and translate your work experience to qualities and capabilities. Just a paragraph or so will be fine.
  • Statement of entrepreneurship. This can be anything. What is in your mind about entrepreneurship? Is it the role in the economy? In history? Determinants? Being one’s own boss? Outcomes? Wealth creation? No wrong answers.
     
  • Access application questionnaire at www.McGuire5.com.

Supporting Documents

  • Fall 2009 transcript

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Class Formation and Orientation

Although program acceptance for Eller MBA students is not generally competitive, we do cap the number of seats in late March so that we can finalize the class roster with students applying from outside the Eller College. It is highly recommended that Eller MBAs submit their Intent to Apply early in the process, then work to finalize the application requirements to be assured a seat. 

All Eller MBAs participate in McGuire Entrepreneurship Orientation sessions during the late spring semester, followed by summer course work. Orientation dates will be announced in February.

Students who do not satisfactorily meet these program requirements will not be enrolled in fall 2010 program classes.

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Important Notes for Applicants

  • Incomplete or untimely applications cannot be considered.
  • Applicants offered a seat in the program must accept the invitation prior to the date noted in the acceptance letter. If acceptance is not received, the seat will be opened to another student.

McGuire Center Alumni …

  • Are three times more likely to start new businesses, be involved in a new venture, or be self-employed
  • Are more likely to be employed full-time
  • Earn 27 percent more annually
  • Have 62 percent more assets than non-entrepreneurial peers
  • Express greater work satisfaction, regardless of professional choice

Source: Impact of Entrepreneurship Education, part of a 2000 Kauffman Research Series report, and the first study to measure the value of entrepreneurship education.

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