Entrepreneurship used to be seen as a risky career path for an MBA grad, but that perception has changed over the last few years. Today, prospective MBAs view entrepreneurship as one of the top five content areas they want schools to offer, according to a 2011 survey (PDF) conducted by the Association of Business Schools.
Business schools have responded by beefing up their coverage of entrepreneurship, offering more one-on-one counseling, and encouraging students to get involved in business plan competitions. However, taking advantage of all the resources can be a challenge, especially in the first year of business school. All too often, a student’s original intention to develop an idea for a business, or work on an existing business plan, gets pushed aside as he or she acclimates to a hectic new schedule, says Timothy Faley, managing director of the Samuel Zell and Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan’s Ross School of Business. Bloomberg Businessweek’s Alison Damast spoke with Faley this week about how students can avoid this trap and get a jump start on becoming an entrepreneur in the first year of B-school. The following is an edited transcript of their conversation.
To read the original article: Getting a Head Start on Becoming an MBA Entrepreneur - Businessweek
