MBA with a concentration in Lean Entrepreneurship

The Elms College MBA with a concentration in lean entrepreneurship provides students who have a concept for a new product, service, business or an idea to enhance an existing business, the opportunity to work hands-on and immediately apply what they learn in class to their developing business idea.

Our program is facilitated by entrepreneurs with extensive experience starting, creating and building successful new ventures. Using Steve Blank’s lean startup methodology, we flip everything upside down, starting with the customer versus the “business plan” and focusing on learning to evaluate the product market fit for new ideas.

The goal is to help students learn how to reduce the risk of startup failure and startup cost very early in new venture development on their journey to entrepreneurial success.

Elms MBA entrepreneurial students develop skills with real world application:

  • Using lean startup methodology to determine target customer and business model
  • Identifying and analyzing diverse opportunities
  • Presenting new ideas to the market
  • Utilizing key metrics and tools for managing finances
  • Creating and launching new ventures

Core MBA Courses (15 credits)

BUS600 Managerial Finance and Data Analysis
BUS610 Globalization and Social Responsibility
BUS620 Leadership and Teamwork
BUS630 Current Events Impact on the Economy
BUS640 Strategic Management Practicum

Lean Entrepreneurship Concentration (21 credits)

Required (12 credits)
ACC602 Accounting for Managers (required)
ENT602 Lean Launchpad
ENT620 Startup Finance
ENT640 Startup Sales & Marketing

Electives (9 credits)
ENT600 Customer Discovery & Business Models
ENT630 Building the Team Startup Culture & HR
ENT650 From Founder to Executive
ENT660 Social Entrepreneurship
ENT680 Entrepreneurship Practicum
HIN620 Healthcare Innovation & Entrepreneurship
HIN630 Agile Project Management
HIN640 Leading Innovation and Change

Quick Info

Required Credits


Program Formats

On-Campus, Online, Hybrid