03-29-2024, 07:23 PM
(This post was last modified: 03-29-2024, 07:32 PM by Jonathan Whatley.)
The University of Utah David Eccles School of Business offers a Master of Business Creation (MBC) degree it describes as “business accelerator meets business degree.”
The MBC is offered in both an on-campus and an online format. The online format lasts three semesters and looks to be asynchronous or close as to meeting times, although "all courses are taken with a cohort of founders progressing through the program together."
The application process not only screens each student but screens the suitability for the program of each student’s for-profit or non-profit enterprise, using a pitch deck, a video pitch essay, and questions to assess the enterprise.
"The MBC is exclusively for founders committed to achieving operating independence by the time they complete the program. […] Courses in the program are designed to help working entrepreneurs who need help on real startup problems now. Founders can immediately apply what they learn in class to their startup. […] Founders in the program not only learn from their experience starting an enterprise, they also observe their colleagues’ startup efforts in detail and have an opportunity to learn from a variety of challenges and solutions across their entire cohort."
Recent graduates from the on-campus format lead startups "from cardiac imaging and trucking software to vintage sneakers and pickleball." An FAQ describes enterprises that are or are not good fits with the MBC. "If you have revenue, you're probably ready. If you don’t have revenue, we look for work you’ve done to validate your idea: prototyping, beta testing, market validation, competitive studies, legal entity formation." Less good fits include professional practices based on billed hours and "many personal-service businesses, including restaurants and retail shops."
Tuition is $15,000, and “full and partial scholarships are available to all founders who enroll in the program.”
Funding opportunities for the enterprises may also be available arising out of the MBC community.
Only some international locations are eligible, but the program is working to expand eligible locations. Eccles recently announced a new MBC Africa cohort. "Sponsorship to cover tuition costs will be awarded to all founders enrolling in the MBC Africa program in fall 2024."
Eccles and the program are accredited by the AACSB.
The MBC is offered in both an on-campus and an online format. The online format lasts three semesters and looks to be asynchronous or close as to meeting times, although "all courses are taken with a cohort of founders progressing through the program together."
The application process not only screens each student but screens the suitability for the program of each student’s for-profit or non-profit enterprise, using a pitch deck, a video pitch essay, and questions to assess the enterprise.
"The MBC is exclusively for founders committed to achieving operating independence by the time they complete the program. […] Courses in the program are designed to help working entrepreneurs who need help on real startup problems now. Founders can immediately apply what they learn in class to their startup. […] Founders in the program not only learn from their experience starting an enterprise, they also observe their colleagues’ startup efforts in detail and have an opportunity to learn from a variety of challenges and solutions across their entire cohort."
Recent graduates from the on-campus format lead startups "from cardiac imaging and trucking software to vintage sneakers and pickleball." An FAQ describes enterprises that are or are not good fits with the MBC. "If you have revenue, you're probably ready. If you don’t have revenue, we look for work you’ve done to validate your idea: prototyping, beta testing, market validation, competitive studies, legal entity formation." Less good fits include professional practices based on billed hours and "many personal-service businesses, including restaurants and retail shops."
Tuition is $15,000, and “full and partial scholarships are available to all founders who enroll in the program.”
Funding opportunities for the enterprises may also be available arising out of the MBC community.
Only some international locations are eligible, but the program is working to expand eligible locations. Eccles recently announced a new MBC Africa cohort. "Sponsorship to cover tuition costs will be awarded to all founders enrolling in the MBC Africa program in fall 2024."
Eccles and the program are accredited by the AACSB.
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