AEM 3250 - [Business Planning Process for New Ventures]

Fall. 4 credits. Letter grades only.

Prerequisite: AEM 2210 or the equivalent.

R. Karpman.

This course exposes students to the business planning process for new ventures, which involves intense teamwork and an in-depth analysis of business opportunities. It is focused on methods, frameworks and learning outcomes that are relevant to a variety of industries, including, but not exclusive to the health professions, life science companies and academia. Students work in teams with individuals of similar interest to choose an innovative idea to explore in a semester-long project. Groups of 4-5 students meet independently as well as with the instructor weekly, and the majority of the work for the project is performed outside the classroom setting. The final project is a written business plan and accompanying oral presentation or “pitch.”

Outcome 1: Prepare and present a business plan for their future career goal.

Outcome 2: Develop and apply teamwork skills.

Outcome 3: Apply the education learned in their core courses to develop the business plan.

Outcome 4: Explain the role that business plays in life science careers.