04-800/A-Carnegie Mellon University Africa - Carnegie Mellon University



Entrepreneurship Theory and Practice

Course discipline: Business
Units: 6
Lecture/Lab/Rep hours/week: 2 X 1 hour 40 minutes/50 minutes recitation
Semester/year offered : Spring/all years

Course description: 

Entrepreneurship Theory and Practice is graduate-level course that covers a broad range of topics in the area of business and entrepreneurship. Though class discussions will focus on IT companies, the concepts introduced in this class are applicable to companies in most sectors, including the non-profit sector. Topics covered are: basic econ concepts, accounting and finance, marketing, strategy, negotiation, business models. In the second part of the class students will develop a business plan. The elements of a business plan will be brought to life by case studies, and group exercises that offer students the opportunity to wield this enterprising power as relevant for Rwanda today. The class will serve as training ground for those seeking the relevant application of an enterprising spirit.

Learning objectives:

  • Understand basic economics concepts
  • To develop a solid grasp of business concepts.
  •  To expose students to relevant issues within the context of business case studies and provide relevant background for future entrepreneurial experiences.
  • To encourage teamwork, creativity, commitment and ambition in the context of entrepreneurial development.
  • To practice critical thinking, reading, writing and communications skills.


This class is providing a theoretical background in economics and business for the applied entrepreneurship class that succeeds it in a miniseries.

Content details:

The course will cover the following topics:

  1. Basic Economics
  2. Accounting and Finance
  3. Financial ratios
  4. Marketing
  5. Product management
  6. Strategy
  7. Business Model

Faculty: Suzana Brown