Today, school mission statements are often typified as a partnership of businesses and the community with the goal of preparing students for successful and rewarding careers. These collaborative associations serve the mutual needs of successful educators, students and businesses. This ideology has spurred an increase among schools to create new and innovative business curricula.
According to the Kauffman Center for Entrepreneurial Leadership, 'fin the past 15 years, entrepreneurship education has grown dramatically, as reflected in the increased student enrollment, proliferation of formal entrepreneurship centers, intercollegiate business plan competitions, new entrepreneurship curricula and programs, and endowed chairs and professorships. Approaches to entreprenenrship education have varied across colleges and universities from single course offerings in business plan preparation to integrated curricula that include marketing, finance, competitive analysis, new product development and technology."
Entrepreneurship education programs afford students the opportunity to integrate several areas of study, such as accounting, finance, economics and marketing. Students build critical decision-making skills necessary to create, build and maintain thriving new businesses, or become a valued member of an already established business.
"Entrepreneurship has become one of the most sought-after areas of study among collegiate business students," says Michael Camp, director of research at the Kauffman Center for Entrepreneurial Leadership. "Graduates of these programs are not only increasing in number, they are reshaping our understanding of market, technology and management leadership. Bent on realizing their own perceived opportunities, they continue to define the standard for business innovation--and, by …