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 Blanks, 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

Course and Curriculum - 36 Credits

MBA Core Curriculum (15 credits):
BUS 600 Managerial Finance and Data Analysis
BUS 610 Globalization and Social Responsibility
BUS 620 Leadership and Teamwork
BUS 630 Current Events Impact on the Economy
BUS 640 Strategic Management Practicum

Lean Entrepreneurship Concentration:
Required Curriculum (12 credits):
ACC 602 Accounting for Managers (required)
ENT 602 Lean Launchpad
ENT 620 Startup Finance
ENT 640 Startup Sales & Marketing

Electives (9 credits):
ENT 600 Customer Discovery & Business Models
ENT 630 Building the Team Startup Culture & HR
ENT 650 From Founder to Executive
ENT 660 Social Entrepreneurship
ENT 680 Entrepreneurship Practicum
HIN 620 Healthcare Innovation & Entrepreneurship
HIN 630 Agile Project Management
HIN 640 Leading Innovation and Change

Quick Info

Required Credits


Program Formats

On-Campus, Online, Hybrid