MBA 642 Venture Assessment

Examination of the key requirements for new venture and business success. Student teams work as consultants to existing for-profit and not-for-profit organizations. The specific requirements of the project depend on client needs. Primary emphasis is given to developing a realistic business plan and exploring critical financing options, including conventional, as well as nontraditional means of funding a new enterprise. Topics that may be included are: identifying venture opportunities and market niches; mobilizing and organizing human and technical resources; evaluating the potential and long-term viability of a venture; analyzing sources of financing; structuring and negotiating deals and managing operations after start-up. Special attention is given throughout the course to developing a credible business plan. Prerequisites: MBA 508, 509, and 511, or equivalent, and consent of the instructor. (3 credits)