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Arts and Humanities
Undergraduate Certificate for Non-Business Majors
Including Business Economics Majors
Follow a link below or scroll down for all Undergraduate Non-Business Major (including Business Economics) application information:
- Overview
- Application Dates
- Program Duration and Courses
- New Venture-Based, Experiential Process
- Outcomes
- Application Requirements
- Selection Process
- Important Notes for Applicants
- Frequently Asked Questions
Overview
Undergraduate students from non business programs (including Business Economics) can apply to participate in the McGuire Entrepreneurship Program during their senior year as Associate students. Applications are made during the junior year.
Undergraduate associate students participate in Venture Development I and II courses alongside entrepreneurship majors, participate fully in new venture teams, and have full ownership and responsibility to the venture and team. Entrepreneurship majors take additional marketing and finance courses in support of their entrepreneurship studies.
Applications are welcome from any UA field of study.
Application Dates
McGuire Entrepreneurship Program preferred selection dates for Eller undergraduate business majors are October 1, 2009 - January 19, 2010.
Program Duration and Courses
For accepted students, mandatory orientation sessions begin in March 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 2010-2011 academic year consists of the following courses:
Fall
- Venture Development I, Tues 3:30-4:45; Thurs 3:30- 6:15
Spring
- Venture Development II, Thurs 3:30-6:15
* All course syllabi are integrated around program new venture benchmarks.
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.
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.
Application Requirements
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.
Information Session
All undergraduate applicants will need to attend an Application Information Session.
Information sessions are scheduled for:
- Monday, October 19 : 2 p.m.
- Wednesday, October 21 : 5 p.m.
- Friday, October 23 : 10 a.m.
All sessions are held at the McGuire Center, located in McClelland Hall 202 (view maps and directions).
Application Questionnaire
- Academic record worksheet. In addition to your fall 2009 transcript (unofficial), please complete the record worksheet
- 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.
Employer/Equivalent Recommendation (www.McGuire4.com)
Please arrange for a past employer or equivalent to visit www.McGuire4.com and provide responses to a few brief questions regarding your employment experience.
Supporting Documents
- Fall 2009 transcript
Wildcard
Applicants are invited to add any individual (limit one) item that you believe speaks significantly to your application. You decide the wildcard. You decide the format. You call it. Surprise us!
Selection Process
McGuire Entrepreneurship Program participants are selected based on their individual applicant profile, and as compared to the overall applicant pool. There is not any one element that speaks more to an applicant’s viability — it is the combined information set.
Undergraduate interviews conclude in early March, with program invitations concluding in late March.
Selected applicants are accepted on a rolling basis, with some invitations occurring as early as late February, and others later. Invitations will continue until priority students have been invited and accepted and program full.
Some students may be accepted on a wait list basis, but must agree to remain current with all orientation and summer work, so that if a spot comes available at anytime, they will be ready to start work immediately. Waitlist students that have not remained current with work will not be offered a seat in the program.
Important Notes for Applicants
- Not ALL applicants will be invited to interview.
- 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.
For more information, view the FAQs or please contact us.
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