The Business Management program offers students an integrated management core helping students develop knowledge, skills, and values. The concentration in Entrepreneurship provides students with a broad spectrum of skill sets enabling them to both starts, manage and grow a new and/or existing business as well as work in major organizations’ developing new products, procedures and services. This concentration emphasizes action-oriented learning and encourage students to not only excel in the classroom but participate in a number of related field activities.

Entrepreneurship undeniably contributes to economic growth, making them a particular area of interest for economists and policymakers worldwide. The relationship between entrepreneurship and economic growth is complicated and can vary from one country to another based on their level of economic development and can also vary from one business venture to another.

There are several benefits in developing entrepreneurs in Higher Education by offering a major or concentration.

• Entrepreneurs increase Competition:  By establishing new businesses, entrepreneurs intensify competition for existing businesses. Consumers benefit from the resulting lower prices and greater product variety.
• Entrepreneurs have positive employment effects in the short and long term, and negative effects in the medium-term:  Entrepreneurs stimulate employment growth by generating new jobs when they enter the market.
• New businesses boost productivity:  Competition between new and existing firms ideally leads to survival of the best innovation and is usually identified by supply and demand. Even though overall employment may decline, new firms can foster productivity.

At Calumet College of St. Joseph, our Entrepreneurship concentration, along with a major in Business Management, will enhance students’ options to move into the workforce.