2014-15 Catalog

Entrepreneurship for the Fashion and Design Industries BS Degree Program

http://fitnyc.edu/entrepreneurship

School of Business and Technology

Applications accepted for fall only.      NYSED: 33762     HEGIS 0599

The major in Entrepreneurship for the Fashion and Design Industries provides students with the knowledge, skills, and mind set necessary to succeed in new and under chartered business environments. Graduating students are prepared to transform creative ideas into business ventures and to assume leadership positions in entrepreneurial companies.

Semester 5Credits
MAJOR AREAEP 311 - Introduction to Entrepreneurship3
RELATED AREAAC 311 - Integrated Marketing Communications Management3
MG 306 - Information Systems: Case Analysis2
LIBERAL ARTSMA 321 - Data Analysis for Business Applications*3
SS 242 - Microeconomics3
choice - see Speech*3
Semester 6
MAJOR AREAEP 321 - The Business Plan3
EP 331 - Finance and Accounting for the Non-Financial Manager3
LIBERAL ARTSMA 311 - Mathematical Modeling for Business Applications3
PL 431 - Philosophy: Ethics G73
choice - see Writing*3
Semester 7
MAJOR AREAEP 441 - Converting Innovation into Value3
RELATED AREABL 343 - Introduction to Business Law3
LIBERAL ARTSchoice - see Economics*3
GENERAL EDUCATIONchoice - see American History* G103
choice - see Foreign Language* G83
Semester 8
MAJOR AREAEP 451 - The Entrepreneurship Incubator4
RELATED AREAIC 497 - Senior Internship C: Career Planning3
LIBERAL ARTSchoice - see Foreign Language*3
choice - see Liberal Arts*3
GENERAL EDUCATIONchoice - see Other World Civilizations* G93
TOTAL CREDIT REQUIREMENTS
GENERAL EDUCATION9
MAJOR AREA16
RELATED AREA11
LIBERAL ARTS27
 Total Credits: 63
 

*Fall 2014 Requirements: See below.

FIT's Gen Ed courses are organized along the following categories: G1 Basic Communication; G2 Mathematics; G3 Natural Sciences; G4 Social Sciences; G5 Western Civilization; G6 The Arts; G7 Humanities; G8 Foreign Language; G9 Other World Civilizations; G10 American History. 

American History: 3 credits
CHOICE of any course that meets American History General Education requirement (G10). If this requirement has been fulfilled, students must substitute one EN, HA, LA, MA, PL, SC, or SS liberal arts course.

Economics: 3 credits
CHOICE of SS 343 or 443.

Foreign Language: 6 credits
Two semesters of the same foreign language, one of which must meet G8.

Liberal Arts: 3 credits
CHOICE of any EN, HA, LA, MA, PL, SC, or SS course.

Mathematics:
MA 222 and Algebra proficiency must be completed prior to enrolling in MA 321.

Other World Civilizations: 3 credits
CHOICE of SS 354 or 374 (either one of which meets G9).

Speech: 3 credits
CHOICE of EN 241, 242, 244, or 342.

Writing: 3 credits
CHOICE of EN 321, 322, or 323.

NOTE: Students must complete the following courses prior to entering this program: AC 111, FM 116, and MG 153.  Business and Technology bridge course B.S. condition: SS 141 Macroeconomics (this course is the prerequisite for SS 242 Microeconomics at the bachelor degree level).

Courses

EP 311 — Introduction to Entrepreneurship

3 credits; 3 lecture hours

This course introduces students to entrepreneurship and its applicability to the creative arts. It examines some of the legends of the industry and identifies the characteristics necessary for achieving success as an entrepreneur. It reviews today's creative arts and business landscape and introduces students to the significance of entrepreneurship and its opportunistic position at the cutting edge of this industry.

EP 321 — The Business Plan

3 credits; 3 lecture hours

In this project-based course, students prepare and present a professional business plan, which then provides the foundation for their own business plans in semester 8. In this process, students acquire the knowledge, skills, and entrepreneurial mindset conducive to business success.
Prerequisite(s): EP 311.

EP 331 — Finance and Accounting for the Non-Financial Manager

3 credits; 3 lecture hours

The course introduces the non-financial student to the basics of finance and accounting, with an emphasis on understanding cash flow, income statements, balance sheets, and financial ratios. The importance of these elements in supporting the business plan and in understanding the financial ramifications of their decisions is highlighted.
Prerequisite(s): EP 311.

EP 441 — Converting Innovation into Value

3 credits; 3 lecture hours

Students learn to source and develop new venture and growth strategies for future businesses. The course introduces value propositions, value supply chain structures, revenue models, and growth strategies. Students examine business model development with a major focus on converting an idea from innovation into value.
Prerequisite(s): EP 311.

EP 451 — The Entrepreneurship Incubator

4 credits; 4 lecture hours

A capstone course for the Entrepreneurship Program, this course synthesizes the knowledge, skills, and experiences learned throughout the program. Students create an entrepreneurial business model for their potential business ideas, with the aim of targeting investors and marketing partners. At the end of the semester, students present their business proposals and plans to industry professionals who evaluate and critique them.
Prerequisite(s): EP 311.