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Entrepreneurial Studies
The Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies
offers courses and programs at the University of Michigan Business School specifically designed to produce leadership in new
business formation by providing world-class education and experience. Through the Institute, many
students have successfully launched their own firms or have been chosen for employment with Venture
Capital firms nationwide. The Institute brings the nation's most successful entrepreneurs to Ann
Arbor and offers an outstanding faculty composed of both academicians and professional practitioners.
Among the 33 member Advisory Board are Samuel Zell, Chairman of Equity Group Investments; Michael
Hallman, former President and COO of Microsoft Corporation; and Eugene Applebaum, founder of Arbor
Drugs.
These accomplished Advisory Board members join notable faculty and outstanding alumni for the express
purpose of leading entrepreneurial-minded MBA students to understand new venture creation and growth,
as they could nowhere else. The Institute also actively collaborates with other acclaimed University
research units, such as the Medical Center and the College of Engineering, to take world-class
research discoveries public through technology commercialization. Michigan MBA students can take
the Business School's traditional business management core excellence and then pioneer their own
entrepreneurial careers based on the Institute's innovative approach to partnering in biotech, high
technology, and other ventures yet to be dreamed.
Future business innovators start their own dreams at the School's Institute for Entrepreneurial
Studies and can link up with local firms in Michigan's information and high tech corridor to create
projects that could reach the globe or with international firms wishing to employ the talents and
enthusiasm a University of Michigan Business School MBA can provide.
Teaching
Entrepreneurial Studies course electives combine theoretical and experiential learning to prepare
students to transform knowledge into new venture success. Through the Institute, the University
of Michigan Business School's MBA program offers an Entrepreneurship emphasis consisting of a broad
range of 22 course electives focused on the entrepreneurial process's different stages. In addition,
first-year MBAs seeking to get direct experience working on a challenging business problem within
an entrepreneurial environment may elect to participate in Entrepreneurial MAP as part of their core
curriculum. The Institute offers this seven week field-based course winter term when students work
at actual start-ups throughout the nation. Twenty-two outstanding faculty members participate in the
School's Entrepreneurship program.
Program Initiatives
The Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies has designed and developed
a variety of signature program initiatives to support the curriculum for aspiring, high potential
entrepreneurs.
These programs enhance both the future entrepreneur's learning experience and successful start-up
and new venture growth potential. Examples of programs offered include: the Wolverine Venture Fund,
a $3 million student-led Fund, that invests primarily in early stage, growth-oriented technology
companies and the Dare to Dream Grant Program that provides students with grant funding up to $20,000
to launch a business while earning their MBA degrees. In addition, the Institute sponsors students
at national intercollegiate business plan competitions, in a 12-week summer internship at a venture
capital or start-up firm, or in writing an entrepreneurial-focused case study.
Research
The Business School actively contributes to entrepreneurial research, primarily in the areas of
venture capital and private equity finance. Led by its Executive Director Professor David J. Brophy,
the Center for Venture Capital and Private Equity Finance
pursues the latest developments under the Institute's aegis. Books and case studies, published by leading
University of Michigan Business School faculty and MBA students, explore other research areas pertinent
to entrepreneurs. The University of Michigan also contributes to ongoing entrepreneurial-focused research
conducted through the Kauffman Foundation.
For further information about Entrepreneurial Studies, see www.zli.bus.umich.edu.
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