Terp Toolkit: Finding the Right Entrepreneurship Course for You

By Madison Mazer

As Spring 2022 course registration begins, keep in mind the array of entrepreneurship classes that the Dingman Center offers. Starting this week, students can sign up to take any of our three classes next semester including Fearless Founders: New Venture Practicum (BMGT 468R), Ladies First Founders (BMGT 369D), or Fearless Founders: Social Entrepreneurship Laboratory (BMGT 468U).

The best part, you don’t have to be a business major to take advantage of these unique classes. Programs and courses provided by the Dingman Center are open to all majors and all interested undergraduate students are encouraged to register or apply. 

Course overview:

BMGT 468R – Fearless Founders: New Venture Practicum

This three-credit course is for undergraduate students committed to an idea after validation. Students experiment with business models, revenue streams, and go-to-market strategies. By the end of this course, some startups are securing their first customers and generating revenue, while others are working on a beta or pilot. In the final class, students pitch for seed funding to move their business forward. The course is taught by Oliver Schlake, clinical professor, management and organization.

If you are interested in registering for the Spring 2022 class, please fill out our application.

BMGT 369D Ladies First Founders

Ladies First Founders is the Dingman Center’s one-credit spring semester course for female and non-binary students interested in entrepreneurship. Taught by Sara Herald, champion of our Ladies First Initiative, the course helps students build soft skills for overcoming gender biases in entrepreneurship. Students do not need to have launched a venture, as the focus of the course is on demystifying entrepreneurship. The syllabus includes a blend of skill-building workshops and networking events. Topics include the how to’s of networking and mentorship, finding balance as a founder/student/human, overcoming imposter syndrome, startup pitching and body language, funding and how to get it, and more.

BMGT 468U – Fearless Founders: Social Entrepreneurship Laboratory

Taught by Dingman Center Social Entrepreneur-in-Residence Drew Bewick, the Social Entrepreneurship Laboratory is an active learning environment for students to test their hypotheses around the creation of social ventures and develop a deep understanding of how the field of social entrepreneurship works. Teams will iteratively test their ideas for solving social problems through experimentation, document results, incorporate feedback from key stakeholders, develop a minimum viable product, and present their outcomes. Come to this class interested in changing the world and leave with a social entrepreneur’s mindset and valuable experience using pioneering startup methodologies.

Why entrepreneurship?

Entrepreneurship courses can service students beyond the classroom, teaching them important skills like innovation, collaboration, and complex problem-solving. Additionally, these courses can be useful to all students, not just those interested in pursuing a career in business. 

Ladies First Founders (BMGT369D) instructor, Sara Herald, agrees that these classes are the perfect oppurtunity to get valuable experience, which will apply to any field of study. 

“Learning how to think like an entrepreneur is beneficial for everyone, no matter what profession you go into. The entrepreneurial mindset involves the ability to maximize scarce resources while navigating uncertain environments; learning how to do that will make you incredibly valuable whether as a founder or leader in another company,” said Herald.  

Some of these courses, like Fearless Founders: Social Entrepreneurship Laboratory (BMGT468U), can even help you make a positive impact on your community. 

“Successfully employing market-based strategies to solve critical social and environmental concerns in ways that are both technologically viable and economically sustainable are in demand in the world today,” said BMGT468U Professor Drew Bewick. 

If you want “hands-on, active environment that fuses agile management and lean start-up practices like no other class in the region,” then according to Bewick, this is the class for you.  

Not only are these courses a great way to support your future, but they are also a way to receive day-to-day support. For example, Herald thinks of Ladies First Founders as more than just a class. 

“Ladies First Founders is a community of female entrepreneurs. It’s a place for women and non-binary Terps who want to start their own ventures to feel like they belong in entrepreneurship and support each other. We learn both the hard and soft skills of starting a company, but ultimately the most valuable thing students leave the course with is a sense of confidence and belief in themselves as future founders,” said Herald. 

Entrepreneurship on campus:

As an undergraduate student, now is the perfect time to start learning about entrepreneurship, especially if you’re interested in starting your own business someday. 

“When you’re a student, it’s a great time to get hands-on experience launching a venture. There are so many resources available at UMD, including the Dingman Center. It’s a safe place. Mentors are available to help you learn how to avoid common pitfalls. You’ll meet interesting students. You’ve heard how practice makes perfect? It’s no different when it comes to launching ventures to make an impact,” said Bewick. 

In addition to the Dingman Center, Herald advises taking advantage of on campus resources like the Academy for Innovation and Entrepreneurship, the Do Good Institute, UM Ventures, and MTech. There are extensive opportunities to further your venture and sharpen your entrepreneurial skills at UMD, and these courses are a great place to start. 

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One thought on “Terp Toolkit: Finding the Right Entrepreneurship Course for You

  1. Interesting offerings in terms of entrepreneurship courses here. I’m sure that these go a long way in helping build future business owners, educating them on what to expect.

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