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 > TRU Home > Business > SoBE Programs > Degrees > Business Administration > New Venture Major/Minor

New Venture Creation Major/Minor

Developing the entrepreneurial abilities and spirit of Canadians is critical in generating a dynamic economy that can compete globally and provide a growing standard of living. The risks of owning a small business are significant and the hours are generally quite long, but there is no better feeling than that which comes from launching a successful new business venture and being respected by one’s fellow citizens for making a contribution to the local community. Opportunities for new venture creation in Canada are very good due to a strong economy, a stable political environment, and close proximity to the U.S. market. For creative people with a good work ethic and a lower aversion to risk, a career as an entrepreneur may be the right choice.

New Venture Creation Majors will learn to research new business ideas, prepare formal business plans, secure initial financing, and manage small businesses on an on-going basis. After graduation, it is hoped that many students will start-up their own ventures after acquiring some valuable industry experience and saving needed equity capital. A few will also return home to work in the family firm with the hopes of eventually taking over.

New Venture Creation Major graduates are well qualified to pursue a master degree in the field, and possibly a PhD if they wish a career in teaching and research. Currently, there is a major shortage of business faculty with PhDs in entrepreneurship

Major Requirements

BBUS 3260 – Taxation for Decision Making
BBUS 3430 – Introduction to Marketing
BBUS 3480 – Marketing Research
BBUS 3710 – Small Business Finance
BBUS 4450 – E-Commerce
BBUS 4480 – Integrated Marketing Communications
BBUS 4750 – New Venture Creation
BBUS 4760 – Small Business Management

Minor Requirements

For those wanting only an exposure to the field of Entrepreneurship, a Minor in New Venture Creation is available.

BBUS 3260 – Taxation for Decision Making
BBUS 3710 – Small Business Finance
BBUS 4750 – New Venture Creation
BBUS 4760 – Small Business Management

Typical Job Titles

  • Small Business Owner
  • Franchisee (Canadian Tire, MacDonald’s, Second Cup)
  • Commercial Lending Officer
  • Loans Officer, Canadian Business Development Bank
  • Venture Capitalist
  • Small Business Consultant
  • Director, University Business Incubator