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Principled Management & Entrepreneurship Professional Pathway

Overview

Today’s managers must go beyond the simple command and control of people, beyond the enforcement of rules and regulations, beyond the desire for organizational stability and efficiency; today’s managers must understand and employ the full breadth of management skills and capabilities.  The Principled Management & Entrepreneurship Pathway provides students with the skills and knowledge necessary to ethically lead a going business or start a new venture. 

The goal of managing is to help individuals develop the skills to find innovative solutions to the problems that confront today’s organizations—whether they are everyday challenges or once-in-a-career crises.  Entrepreneurship, fundamentally, is about innovation.[1] It is recognizing opportunities and acting on them.  Entrepreneurs are agents of change.  Being entrepreneurial requires the ability to think creatively, innovate, and lead the development of an idea to implementation.  As noted by the management scholar Richard Daft, “ethical turmoil, the need for crisis management skills, mobile business, economic recession and rampant unemployment, rapidly changing technologies, globalization, outsourcing, increasing government regulation, social media, global supply chains, the Wall Street meltdown, and other challenges place demands on managers”[2] beyond relying on formulaic responses.

At The Citadel Baker School of Business, we don’t teach students to “Think outside the box,” we teach students how to obliterate the box altogether. The Principled Management & Entrepreneurship Pathway provides students with opportunities to learn how to solve complex problems using traditional and non-traditional methods. Through specially tailored courses, we expose students to various aspects of entrepreneurship as well as intrapreneurship. [3] “Intrapreneur” is the term used for individuals who innovate within existing businesses or organizations.  Throughout the Principled Management & Entrepreneurship program, we help shape principled leaders by developing critical thinking skills and exposing them to varied worldview points. 

Within the Baker School of Business is our Innovation Lab—a small operation with a large undertaking as it operates as an idea hub for entrepreneurially-minded students across campus.  Our mission is to “create principled change agents of innovation that solve complex problems.”  To achieve this, we teach students to think creatively using a variety of means to solve problems of all sizes.

Intended Outcomes

As a Principled Manager and Entrepreneur, graduates develop the knowledge and skills to build trust, inspire commitment, lead change, harness people’s creativity and enthusiasm, find shared vision and values, and share authority and responsibility.  Our program provides content and guidance regarding how to assess the moral and ethical dimensions of business decisions in a principled manner. 

Going beyond rote memorization of the components of management (i.e. planning, organizing, leading, and controlling organizational resources), Principled Management & Entrepreneurship Pathway students engage in their chosen discipline by giving them greater choice in career preparation, offering them academic specialization in the chosen area, providing both tailored and professional advice from a faculty member internally and specialized guidance about their chosen field from a professional in the business world through the Mentors Association, and experientially exposing students through internships and professional development.

Principled Management & Entrepreneurship Pathway participants are strongly encouraged to do an industry internship—this is supervised work experience related to the desired career objective.

Coursework

The Principled Management & Entrepreneurship Pathway consists of 24 credit hours (eight courses) from the Business major and general college courses that contribute to a robust understanding of management and entrepreneurship.  Fifteen hours are required courses (see Table 1); and, the remaining nine hours are three elective courses (see Table 2) that may be any course from the college catalog selects in consultation with the student’s business academic advisor.  Courses will build upon and contribute to a logical career path (e.g., taking a psychology course in human behavior because the future career path is in the residential real estate industry). 

Table 1. Required courses for the Principled Management & Entrepreneurship Pathway

Course

Title

BADM 327

Principled Entrepreneurship and the Free Enterprise System

BADM 409

Human Resource Management

BADM 412

Business Ethics

BADM 425

Small Business Management/Entrepreneurship

BADM 428

Technology and Entrepreneurship

Table 2. Elective courses for the Principled Management & Entrepreneurship Pathway

Course

Title

BADM 318

Commercial Law

BADM 326

Principles of Real Estate

BADM 331

Financial Modeling

BADM 333

Leading Teams

BADM 415

Relationship Marketing

BADM 419

Federal Taxation

BADM 424

Inclusion & Diversity at Work

BADM 435

Seminar:  Bulldog Business Bowl finalist team

BADM 450 or 490

Internship or Independent Study

Other courses selected in consultation with your pathway advisor [4]

Advisement

Students in the Principled Management Pathway are assigned an advisor from faculty in the discipline.  Students are matched with academic advisors and career professionals for academic and practical matters relative to pursuing their desired career path.

Extra-Curricular Components

The Principled Management & Entrepreneurship Pathway also includes a number of extra-curricular components:

  1. Mentor – Mentors from the Mentors Association with experience in the field that the student wishes to pursue are assigned.
  2. On-campus clubs and activities – Students have access to and are encouraged to participate in free enterprise related clubs, organizations, and events including the Bulldog Business Bowl student business plan competition, an evening bi-weekly reading group that meets to discuss books and articles provided for students (under development), and a lecture series in entrepreneurship and free enterprise.
  3. Internship & independent study opportunities – Students are encouraged to do internships, which provides exposure to and experience in the pathway career fields, or an independent study with a faculty member on a formal research project.
  4. Principled Management & Entrepreneurship Pathway scholarships:
    1. i. Pathway scholars are, in addition to the other benefits of being a Pathway student, granted $1,000/year for sophomore, junior, and senior years (maximum of $3,000 total) to support enrichment activities.
    2. ii. The Pathway scholar funds are limited and will be awarded through a competitive application process.
      1. Examples of Pathway scholar funds expenditures include attendance at management and free enterprise related professional conferences, support for summer study/internships (e.g. living expenses for a summer internship in New York), books or technology purchases for professional careers (e.g., business plan software), and purchase of professional services for new product or business development (e.g., patent application).
  • iii. The application of these funds are made pursuant to the approval of the student’s Pathway advisor, and if not spent on approved expenditures by the end of the student’s senior year will revert to the Moody Pathway Scholar’s Fund to be allocated to subsequent scholars (not necessarily PM&E Pathway scholars).

 

[1] See: http://www.econlib.org/library/Enc/Entrepreneurship.html

[2] Daft, Richard L., Management, 12th ed., New York:  Cengage. 2016, p. xv.

[3] See:  http//en.wikipeidia.org/wiki/Intrapreneurship

[4] In consultation with your faculty pathway advisor, other courses may be selected from any discipline that will strengthen your skill set for this professional pathway.

 

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