It’s time again for another edition of Trivia Tuesday, our weekly examination of the programs and opportunities that differentiate the leading MBA programs. This week we take a peek into the Clear Admit School Guide to Harvard Business School to share an excerpt on HBS’s Entrepreneurship Initiative.
“Harvard offers students an array of opportunities to study entrepreneurship. In addition to analyzing cases on varied startup enterprises during the RC year, all RC students are required to take the course titled “The Entrepreneurial Manager.” In their second year, students may choose from over 30 courses and field study opportunities offered on the topic.
“Approximately 30 of the school’s faculty members are part of the Entrepreneurial Management Unit, and more than 50 faculty members list it as an area of interest. In 1997, Harvard launched a California Research Center in Menlo Park, near Palo Alto, to serve as a resource for faculty members investigating business issues in Silicon Valley (see Chapter 9, “HBS Research Centers and Institutes”). Research conducted from this base has resulted in the composition of 225 cases on technology and investment in myriad startups.
“In 2003, HBS launched the Arthur Rock Center of Entrepreneurship with the support of a $25 million gift from Arthur Rock, a pioneering Silicon Valley venture capitalist from the Class of 1951. The center oversees and supports many ongoing initiatives in entrepreneurship at HBS and also provides summer fellowships to subsidize students who wish either to pursue a summer internship at a small, entrepreneurial company or work on launching or growing their own business.
“HBS students can also put their classroom learning on entrepreneurship to use in the annual New Venture Competition. Founded in 1997, the program allows teams of HBS students a chance to work with non-students, even outside the HBS community, to formulate a viable business plan proposal. Teams can choose to pursue either the Business Venture Track or the Social Venture Track, the latter being for business plans with explicit social aims. First-prize winners in both tracks are awarded $50,000 in cash as well as in-kind services, and runners-up receive $25,000 in cash plus in-kind services.”
To continue reading about the Entrepreneurship Initiative at Harvard Business School, take a look at the Clear Admit School Guide to Harvard Business School. Those who are interested in pursuing a career in entrepreneurship and want to learn more about the different programs and opportunities available at each school, meanwhile, should check out the Clear Admit School Selection Guide to Entrepreneurship.
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