BEE 4890 - Entrepreneurial Management for Engineers

Fall. 4 credits. Letter grades only.

Enrollment is limited to: junior standing or higher. Satisfies College of Engineering technical writing requirement. No one allowed to add course after second week.

M. B. Timmons.

Focuses on how to start a new company centered on engineering or biological technologies. The course covers entrepreneurship principles, fund raising, negotiation, financial calculations (internal rate of return, time value of money, pro forma statements); legal structures of businesses; project management; issues related to professional ethics; and technical writing and communication. Majority of work done in teams, including a complete business plan that is presented to angel investors. Business plans should represent an opportunity one member of the group is willing to pursue upon leaving Cornell.

Outcome 1: An ability to apply knowledge of mathematics, science, and engineering.

Outcome 2: An ability to function on multi-disciplinary teams.

Outcome 3: An understanding of professional and ethical responsibility.

Outcome 4: An ability to communicate effectively.

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