Business In Utah - 2019

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M A S T E R S

O F

B U S I N E S S

C R E A T I O N

Startup Masters

The University of Utah launches master’s degree for entrepreneurs

Chris Holt is the founder of Campman, an online purveyor of high-quality outdoor gear, and an Eccles School alum.

Amber Barron is a materials science engineering student and co-founder of SHERO, a company making biodegradable feminine products. All photos cour tesy Lassonde Entrepreneur Institute, David Eccles School of Business

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BUSINE SS IN U TA H

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by T H A D K E L L I N G

Marketing and Public Relations Director, Lassonde Entrepreneur Institute

he David Eccles School of Business at The University of Utah is taking its top 10 ranked program for entrepreneurship to new heights with a master’s degree designed for serious entrepreneurs. The degree is called the Master of Business Creation (MBC), and it’s the first of its kind. Applicants must be full-time entrepreneurs who want to create, launch and scale a new business, who want more than the 9-to-5 job, who have the drive to overcome the impossible, who want to build their knowledge while doing, and who are willing to put in the hours to make it happen. Founders can apply to join the program and learn more online (at Eccles.Utah.edu/MBC). Provided in partnership with the Lassonde Entrepreneur Institute, the MBC combines the best of a graduate businessdegree program taught by leading scholars with a rigorous startup accelerator. It provides founders with the know-how, mentoring and support they need to launch a company and create their own job. “The Master of Business Creation is unlike any other business master’s degree,” said Taylor Randall, dean of the David Eccles School of Business. “It will teach founders what they need to know to start and grow a successful company, and they will learn these lessons while applying them in real time to

their companies. MBC students can customize the program to meet their needs. No two companies are alike; we created a program that accommodates this diversity.” MBC students complete the program in just nine months, while getting access to extensive resources, including significant scholarships, more than $500,000 in grants, mentors, prototyping tools, office space and more. Company founders graduate with the skill and knowledge to create and scale a new business, which is fundamentally different from managing an existing business. To develop the MBC, the Eccles School talked with entrepreneurs hard at work in its existing programs. Students requested a degree focused on their idea that allows them to focus on making it successful. “This degree program is very relevant and immediately useful for a working entrepreneur,” said Todd Zenger, presidential professor and chair of the Department of Entrepreneurship & Strategy at the Eccles School. “The Master of Business Creation degree was co-designed by serial entrepreneurs and leading educators to provide you with the tools, training and network access required to create and build a business, rather than merely administer one. Our aim is to assist entrepreneurs in what matters most to them — rapidly growing their startup and realizing its potential. We are just


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