BEE 4890

Entrepreneurial Management for Engineers

Course Description

Course information provided by the Courses of Study 2015-2016.

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, proforma statements); legal structures of businesses; project management; 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. Intention is to make the team project as real-world as possible, meaning that the Phase I start up funds are <$100,000. The Wednesday lab is devoted to working on business plan components. The engineering economics coverage is in the context of entrepreneurship but covers all topics that are included in the Fundamentals of Engineering Exam (FE), which is the first step towards professional licensing. The overall goal of the course is to move the student towards being prepared to function in a professional work world.

When Offered Fall.

Permission Note Enrollment is limited to: junior standing or higher.
Prerequisites/Corequisites Corequisite: students must enroll in ENGRC 4890.

Satisfies Requirement Satisfies College of Engineering technical writing requirement.

Comments No one allowed to add course after second week.

• An ability to apply knowledge of mathematics, science, and engineering.
• An ability to function on multi-disciplinary teams.
• An understanding of professional and ethical responsibility.
• An ability to communicate effectively.

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