For Prospective Students
Considering a path in entrepreneurship or international business?
Entrepreneurship and Innovation Management
Learn more about the field with our FAQs, media recommendations and more.
Frequently Asked Questions about Entrepreneurship and Innovation Management
More than ever, leading companies in every industry are looking for innovative employees who can add real value in their organizations. Anyone can be entrepreneurial—whether you want to start the next Facebook, take control of your work-life balance with a lifestyle business, have a positive impact on the world with a social venture, or drive change and innovation in an existing company.
Entrepreneurship & innovation management (EIM) courses and programs are designed to be real-world relevant and high impact. Students will get out of the classroom to work on ideas and ventures that they are passionate about as they learn practical approaches to creativity, innovation, idea generation, business models, feasibility analysis, market research, strategic planning and venture financing. The skills and knowledge you learn in the EIM program are differentiators that will set you apart in a competitive job market and allow you to make an immediate impact in any organization.
Many of Temple University’s entrepreneurship students start new businesses, including freelancing and consulting practices during or after college, but many more go on to work in exciting jobs with companies that realize the importance of innovation and the value of students who can think outside the box, recognize opportunities and get the job done. If you never want to work in a cubicle, want a deep understanding of strategic approaches and perspectives, and want to directly see the impact of your work, entrepreneurship may be for you.
Want to check out some successful ventures launched by EIM graduates? Start with this list:
Sarah Stanton, BS ’14 — SwitchStream
Ofo Ezuegwu, BS ’13 — WhoseYourLandlord
Daniel Couser, BS ’19 — CALM
Yasmine Mustafa, BS ’06 — ROAR for Good
Nick Yarnall, BS ‘18 — Potestiam
Brandon Study, BS ‘17 —Understand Your Brand
Brandon Bahr, BS ‘16— Habitat Logistics
David Feinman, BS ‘15 — Viral Ideas Marketing
Thierno Diallo, BS’17 — Sontefa Energy
Joe Green, BS’12 — Affinity Confections
The entrepreneurship & innovation management minor and certificate are great options for students studying other majors who also want to make EIM a part of their education at Temple. Both are indicators that you are a proactive self-starter who can creatively solve problems and turn ideas into reality. Even if you plan to work in a well-established company, an EIM minor or certificate shows that you are able to go beyond your functional expertise and innovate when it counts. Companies are looking for employees that have specialization in a relevant field, as well as broad understanding of the business environment, that allows them to approach issues from a strategic, outside-the-box, boundary spanning perspective. This is part of what you will learn in EIM minor and certificate programs.
Learn more about the International Business major and minor with our FAQs.
Frequently Asked Questions about International Business
The U.S. economy represents approximately 25% of the global economy. The IB major and the recently added IB minor not only uniquely prepare students for rewarding careers, but these options also allow them to differentiate themselves. In fact, all IB majors must select a concentration: (1) international marketing, (2) international supply chain management, transportation and logistics, (3) international sales and development, (4) international economics, (5) international finance or (6) international entrepreneurship. By default, IB minors already have a major (e.g., risk and insurance, finance or political science) and they add IB as a minor to be more competitive in the labor market.
- Myth: There are no IB jobs.
Reality: The IB program’s graduates are well placed in large and small companies, in Philadelphia, New York, DC, Boston, Seattle and also overseas: Europe, Japan, China, Costa Rica, etc. Some of our recruiters include Vanguard, JP Morgan Chase, SAP, BDP International, Lockheed Martin, Vertex, Burlington, Aetna, Amazon (Greater Philadelphia and at Headquarters), PwC and the U.S. Government, GSK and Johnson and Johnson, for example.
- Myth: Recruiters at Fall or Spring Connection events do not come to recruit IB students.
Reality: in the above list, several recruiters including Vanguard and JP Morgan Chase usually attend these events. In 2019, the IB Recruiter of the Year award, an annual award given to the company that has hired the largest number of IB graduates, was given to JP Morgan Chase. Each IB Major concentration allows IB students to place themselves and move between functions, companies, industries and countries.
- Myth: There is no career path for IB.
Reality: Research from PayScale, among other trusted sources, can show the career progression and salaries earned by roles such as International Sales Managers. There are several career paths for individuals with international business experience.
- Myth: You have to be fluent in a foreign language and must study abroad.
Reality: Neither is true for the IB minor, which explains its rapid success. As for IB majors, they are strongly recommended to study abroad (even online with IB 2509, effective Fall 2020) and can waive the foreign language requirement if they were born outside the U.S. and their English is adequate, e.g., they studied in an English-speaking country like Singapore.
- Myth: IB jobs don’t pay.
Reality: According to the Economy League (Greater Philadelphia), exporting companies pay 20% higher wages than non-exporters. This has been validated by previous surveys from the U.S. Government (International Trade Administration).
With many practice- and project-based courses and regular innovation to its curriculum, the Fox IB program draws from the best in the business and in the classroom. With roots dating as far back as the 1970s with the first international marketing course, the Fox IB program has enjoyed a strong reputation, solid support from Fox and Temple, as well as regular grants from the U.S. Department of Education though the CIBER program, a million-dollar grant that confirms the excellence of its constituents