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Management Department


Business Innovation and Entrepreneurship Minor

The Business Innovation and Entrepreneurship Minor is offered to students (all majors) across NIU to foster their abilities to think entrepreneurially, develop new ventures, and pursue entrepreneurial projects within larger organizations. Students enrolled in this minor will learn to:

  • Apply key concepts in commerce and entrepreneurship
  • Recognize opportunities to develop and market products or services
  • Identify clients' unmet needs
  • Generate multiple income streams from new ventures

The Business Innovation and Entrepreneurship Minor requires at least four semesters to complete. The recommended sequencing is below. See Undergraduate Catalog for Complete Course Descriptions

Semester 1 (typically sophomore year)

Business Majors
ACCY 206 Introductory Financial Accounting (3)
ACCY 207 Introductory Cost Management (3)

Non-Business Majors
ACCY 288 Fundamental of Accounting (3)

Semester 2 (junior year)

Business Majors
UBUS 310 Business Core: Lecture (9)
MGMT 327 Creativity, Innovation, & Entrepreneurship (3)

Non-Business Majors
MGMT 320 Foundations of Business & Entrepreneurship (3)
MGMT 327 Creativity, Innovation, & Entrepreneurship (3)

Semester 3 (junior or senior year)

Business Majors
MGMT 427 Entrepreneurship & Business Model Design (3)

One of the following:

  • ACCY 306 Financial Accounting Information for Business Decisions (3)
  • ACCY 307 Managerial Accounting Information for Decisions & Control (3)
  • MGMT 447 Leadership (3)*
  • MGMT 457 Managerial Decision Making & Negotiation*
  • MKTG 325 Buyer Behavior (3)*
  • MKTG 365 Principles of Retailing (3)*
  • MKTG 425 Services Marketing (3)*
  • OMIS 450 Service Operations (3)*

* Additional prerequisites required beyond the minor courses

Non-Business Majors
MGMT 427 Entrepreneurship & Business Model Design (3)

One of the following:

  • ACCY 309 A Survey of Income Taxes (3)
  • FINA 320 Principles of Finance (3)
  • MGMT 333 Principles of Management (3)
  • MKTG 310 Principles of Marketing (3)
  • OMIS 338 Principles of Operations Management (3)
  • MGMT 335 Organizational Behavior (3)*
  • MGMT 447 Leadership (3)*
  • MGMT 457 Managerial Decision Making & Negotiation*
  • MKTG 325 Buyer Behavior (3)*
  • MKTG 365 Principles of Retailing (3)*
  • MKTG 425 Services Marketing (3)*

Semester 4 (senior year)

Business Majors
MGMT 437 Entrepreneurship & Business Model Implementation (3)

Non-Business Majors
MGMT 437 Entrepreneurship & Business Model Implementation (3)

Important Notes:

  • Retention in the Business Innovation and Entrepreneurship minor requires a C or better in all courses in the minor.
  • Enrollment in MGMT 427 is competitive, based on the student's overall GPA.
  • Students must complete an application for the minor by semester deadline. Applications and deadline dates are available in the Department of Management.
  • It is the student's responsibility to declare the minor in the Department of Management and complete the requirements.
  • Contact the Department of Management at 815-753-1124 for more information.