Frequently Asked Questions

What courses are included in the current curriculum?

The curriculum is comprised of 34 classes covering a breadth of topics relevant to entrepreneurship including private equity, entrepreneurial finance, new product innovation, creating new ventures, turnaround management, law, family business, corporate entrepreneurship, franchising, international entrepreneurship and social entrepreneurship.

For a complete list of course descriptions and major requirements, please click here.

What are the requirements for the major?

Designed to meet the needs of budding entrepreneurs in all areas of business, the Entrepreneurship & Innovation major is made up of three (3.0) credits, including one required course. The required course is Entrepreneurship & New Venture Formation (ENTR 462), which focuses on business plan development. The additional courses can be selected from a list of those courses that qualify for the major. Click here for a complete list of electives.

How many students major in Entrepreneurship & Innovation each year?

In the period of the past three years, an average of 16% of the graduating class had earned the Entrepreneurship & Innovation major. Five years ago, the average percentage was 12%. Obviously, interest in majoring has increased. The entrepreneurship program has more graduates than any elective subject at Kellogg.

What are the benefits of majoring in Entrepreneurship & Innovation?

In a survey of 1,500 Kellogg alumni from the classes 1997-2005 who had majored in entrepreneurship, 85% were involved in entrepreneurship, either as a founder, a member of an entrepreneurial team, an owner or manager of a family entrepreneurial venture, or as a venture capitalist. If you major in entrepreneurship, then entrepreneurship is in your future.

Further, in a recent study conducted by the University of Arizona, the entrepreneurship program found that alumni that had majored in entrepreneurship and were now working in corporations earned more in total compensation than alumni that had not majored in entrepreneurship.

What are some examples of other activities offered by the Levy Institute?

In addition to classes, students are invited to participate in one or more of the fifty experiential education programs organized by the Levy Institute throughout the year including:

• The Entrepreneur-In-Residence Program
• The Kellogg Cup Business Plan Competition
• The Social Venture Capital Competition
• The Levy Entrepreneur Associates Program
• The Kellogg Alumni Entrepreneurship Conference

Click here for more information on each of these and other activities.

Does The Levy Institute offer experiential learning opportunities such as internships with entrepreneurial firms?

Yes. The Levy Institute works with hundreds of entrepreneurs each year to secure opportunities for students to work in their firms and experience entrepreneurship first hand via paid internships.

For more information on The Levy Institute internship programs, click here.

Do I need to be an entrepreneur in order to take classes or participate in other activities offered by The Levy Institute?

No, you don’t. All MBA students are invited to enroll in any and all entrepreneurship classes and attend any number of activities sponsored by The Levy Institute regardless of their professional background.

What types of businesses have entrepreneurial alums started? Any I may have heard of?

Kellogg alumni have started businesses in a variety of industries including non-profit. Below is a just a few:

• The Blackstone Group – Peter G. Peterson ‘47
• Crate & Barrel – Gordon Segal ‘61
• Levy Restaurants – Larry Levy ‘67
• Loop Capital Management – James Reynolds ‘82
• Pacific Global Bank – Betty Chow ‘88
• Ethos Water – Jonathan Greenblatt ‘99
• GoPicnic – Julia Stamberger ‘02

What is the relationship between The Larry and Carol Levy Institute for Entrepreneurial Practice and the Kellogg School of Management Entrepreneurship & Innovation program?

The Larry and Carol Levy Institute for Entrepreneurial Practice at the Kellogg School of Management is home to Kellogg school’s Entrepreneurship & Innovation program. The program began in 1976. Larry Levy ’67 and Carol, founders of Levy Restaurants, endowed the program in2003.

The Levy Institute is the source of vision and leadership for applied entrepreneurial education, research and practice at the Kellogg School of Management. The Levy Institute designs and implements classroom curricula, experiential education programs, guest speaker forums, and world-class business plan competitions, all of which augments the MBA education with practical tools that can be applied to any business career.

Does the Levy Institute offer a separate degree?

No. All Kellogg students earn an MBA degree. The school offers an Entrepreneurship & Innovation major upon completion of required coursework designed and taught by the faculty of The Levy Institute.

Where can I find more information about key administrators and faculty associated with The Levy Institute?

Click here to learn more about The Levy Institute faculty including bios and areas of expertise.

Back to Majors and Requirements