Ideas with Impact
UNB Faculty of Management

New MBA with Concentration in Entrepreneurship Approved for UNB Fredericton

Author: Liz Lemon-Mitchell

Posted on Nov 4, 2008

Category: Student Highlights

Students completing an MBA at UNB Fredericton's Faculty of Business Administration now have an option to complete a concentration in entrepreneurship as part of their degree. The MBA with concentration in entrepreneurship has just received approval from the Maritime Provinces Higher Education Commission.

Until now, students in the MBA program could take entrepreneurship courses as electives during their second year. The new concentration will allow them to further specialize in this area and receive the designation on their degree when they graduate.

"This concentration in entrepreneurship is a great opportunity for our students, the province and employers", said Dan Coleman, Dean of the Faculty of Business Administration. Students completing the concentration will graduate with the knowledge and skills to start their own ventures if they are so driven.

"Even if students do not choose to start their own companies after completing this program", Dean Coleman explained, "they will be equipped with the entrepreneurial skills to recognize new viable opportunities for the companies they work for, and the tools to gauge the marketplace and assess risk effectively in uncertain and changing environments. Either way, the Province will benefit by having more graduates with entrepreneurial skills."

The concentration in entrepreneurship will entail completing a series of required entrepreneurship courses in the second year of the two-year MBA program. This means that students who entered UNB's MBA program in fall 2008 will be able to take advantage of this new option. Students graduating in May 2009 will even be able to receive this designation on their degree so long as they have completed the prescribed courses.