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No one is a born entrepreneur. Like all people who go into business, entrepreneurs need to gain knowledge and specific skills in order to be successful. 

Entrepreneurship major Eyo Ekpo

Students who choose the entrepreneurship concentration learn what is needed to successfully launch and grow a new business, in contexts ranging from small start-up ventures to large corporations.

What You Study

Our curriculum prepares graduates to start their own business, purchase and expand an existing one, buy a franchise, go into a family business or work for an existing business. You will learn how to manage limited resources, identify business opportunities and develop a business plan. 

But even if you do not start a business, these skills will have you well-prepared to lead the development of a new division in a corporation or to organize the launch of new products and services—and you will inherently understand the independence that more and more companies and nonprofit organizations are requiring from employees and managers.

How We Support Your Learning

Our top-tier facilities located in Schulze Hall on the Minneapolis campus bring together the university's graduate and undergraduate degree programs in entrepreneurship, as well as research centers and institutes that provide entrepreneurship-related programs and services to the public.

Students enrolled in the entrepreneurship program are also encouraged to become active members in the Entrepreneurship Society, a club for students interested in entrepreneurial careers and ventures designed to enhance business skills and help students understand what it takes to get by in the real business world.

Jobs in Entrepreneurship

Business owner
Real estate agency
Employment services consultant
Restaurant owner
Manufacturing manager
Web developer

Pentair Scholarship for Entrepreneurship

This scholarship recognizes one outstanding student-entrepreneur in the entrepreneurship program; the recipient embodies the highest characteristics of a St. Thomas student and an entrepreneur. Students who will be juniors or seniors are eligible, with the scholarship awarded during the students’ senior year.

  • Students who will be juniors or seniors after the current academic year are eligible. (Seniors graduating in May of this academic year are not eligible.)
  • Must be a declared major in entrepreneurship.
  • The criteria for the award are creativity, initiative and success. The applicant should provide evidence that he or she, through his or own creative initiative, started or operated a business while a student at St. Thomas.
  • The activity should be one in which the student recognized a special opportunity, acquired the necessary resources and followed through on the implementation.
  • Applications will be reviewed and recipients chosen by a committee of the entrepreneurship faculty.

Murray and Ruth Harpole Scholarship

Funded by gifts from Mr. and Mrs. Murray Harpole; Mr. Harpole was one of the founders of and served as CEO of the Pentair Corporation.

  • Students who will be juniors or seniors after the current academic year are eligible. (Seniors graduating in May of the current academic year are not eligible.)
  • The scholarship requires that student is qualified for need-based financial aid.
  • Minimum GPA of 2.5 required.
  • Involvement in Entrepreneurial Society will be important consideration.
  • Must be a declared major in entrepreneurship.

Willis Drake Young Entrepreneurship Scholarship

Awarded each year to incoming first-year students planning to major in the entrepreneurship program, the Willis Drake Young Entrepreneurship Scholarship recognizes up to four incoming first-year students who demonstrate outstanding entrepreneurial potential and intend to major in Business with a concentration in Entrepreneurship.

The donor of the Young Entrepreneur Award believes that successful entrepreneurs are recognized for being hardworking, responsible, goal-oriented, creative, skillful leaders, good citizens, good students, achievers, and people who enjoy a job well done.

Scholarship details

Schulze Innovation Scholarship

The Schulze Innovation Scholarship program is a four-year full-tuition scholarship and premier academic program designed to help launch the careers of students ready to tackle big challenges through innovation and entrepreneurial leadership.

Students selected into the program will gain the capabilities and creative confidence they need to pursue their entrepreneurial goals through three possible paths:

  • Launching their own start up ventures
  • Pursuing careers that drive innovation within large corporations
  • Leading new social impact venture

Scholarship details

Schulze Entrepreneurship Student Scholarships

This scholarship recognizes outstanding students who have demonstrated a passion for entrepreneurship as a career aspiration. The scholarship is renewable each year, as long as the student remains in good academic standing and continues to demonstrate a commitment to entrepreneurship.


  • Students who will be sophomores, juniors or seniors after the current academic year are eligible. (Seniors graduating in May of the current academic year are not eligible.)
  • Must be a declared major in Entrepreneurship.
  • Student must demonstrate a passion for entrepreneurship as a career aspiration.
  • Student must have and maintain an overall GPA of 2.5 or higher.
  • Student must demonstrate financial need
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