MBA, Entrepreneurship Specialization

Admission Requirements No App Fee, No GRE Required
Study Format Online, Open Enrollment


Apply Now

The increasingly rapid pace of innovation in the 21st century demands that leaders in business have an entrepreneurial mindset and an innovation skill set in order to lead their organizations and communities effectively. Entrepreneurship education is one of the fastest growing MBA specializations in the U.S. and around the world. The rapid growth of entrepreneurship education is driven by the extensive complexity of today’s markets—a product of globalization and its related revolutionary changes in technologies and standards of living. The MBA Entrepreneurship Specialization provides students with the strategic, analytical, and tactical skills necessary for leading organizations in a rapidly changing world.

Concordia-Chicago offers an MBA specialization in entrepreneurship that provides experiential and action-based learning. Business students combine the entrepreneurial specialization curriculum, core curriculum, and internships or work experience to develop real-world entrepreneurial ventures within the entrepreneurship courses. 

According to a 2015 report by Global Entrepreneurship Monitor (GEM), 27 million Americans—nearly 14 percent of the working-age population—are launching or operating new businesses. The report notes that 24 percent of U.S. entrepreneurs expect to employ 20 or more people in the next five years. (Source Kelley, 2015-2016)

Looking ahead, great demand is projected for leaders who can successfully deploy entrepreneurial skills along with innovation analysis and launch processes. Whether in service to entrepreneurial new ventures, large corporations, not-for-profit entities, or multi-generational family-owned businesses, leaders will be required to guide organizations toward growth and profitable, sustainable strategic paths.

Career Possibilities

  • Entrepreneur: New business founder
  • Start-up company: First-stage key employee
  • Corporate: New Product Development Manager / Product Innovation Manager
  • Corporate: Brand Manager / Product Manager
  • Family-owned business: Market Expansion Manager
  • Business Consultant
  • Research and Development Manager
  • Sales / Customer operations
  • Not-for-profit: Executive Director / Fundraising

Your Business Career with a Specialization in Entrepreneurship

Learning Objectives

Concordia University Chicago's MBA specialization in entrepreneurship provides you with entrepreneurial skills along with strong tools for innovation analysis and launch processes. This powerful skill set empowers you to develop successful new business ventures—on your own, as an entrepreneur, or for a corporation, family-owned business or not-for-profit entity, as an intrapreneur.

The four courses within this specialization equip you to develop a real-world entrepreneurial venture. These sequentially ordered courses build on each other to provide the knowledge and skills needed to be an entrepreneur or corporate intrapreneur.

  • New Venture Opportunity Scan
  • Pivots on the Problem—Customer Opportunity
  • Prototyping / Co-Designing Solutions
  • Business Plan for Entrepreneurial Opportunity

Specialization Outcomes

  1. Demonstrate entrepreneurial skills  and synthesize concepts from various business disciplines for innovation analysis and to launch processes, services, and products.
  2. Demonstrate entrepreneurial creativity, management,  and innovation skills in order to lead organizations and communities in a global context through analysis and development of new processes, services, and products.
  3. Analyze and evaluate new market and/or industry opportunities based upon an analysis of social and ethical concerns, customer desires, and global market trends in a global context.
  4. Use and evaluate relevant technology to scan and search domestic and global markets and industries to create new viable business venture opportunities.



Concordia University Chicago is accredited by the Higher Learning Commission.

7400 Augusta St., River Forest, IL 60305
(708) 771-8300 |
©2020 Concordia University Chicago | Concordia University Chicago is an institution of the Concordia University System and a university of the LCMS | Legal & Privacy