With a combination of innovative thinking, sound problem solving skills and technical understanding, engineers have been among the most successful entrepreneurs in recent history. Further, the enormous growth of the e-Economy has enabled many young people to be successful earlier than in previous generations.
Entrepreneurs come in many shapes and forms. For instance, several entrepreneurs own their own businesses, allowing them full control over their successes. However, many large and medium-sized corporations are seeking intrapreneurs—entrepreneurial individuals who prefer to work inside a larger firm rather than start or run their own business. Regardless of what environment an entrepreneur works within, engineers are among the most capable people to be at the forefront, especially during a time when strategic uses of technology in business can make the difference between success and failure.
Requirements
The development of entrepreneurial talents is addressed through:
- Departmental Economics course (one of CHE 249H1, CHE 374H1, CME 368H1, ECE 472H1, MIE 258H1)
And a set of two rigorous courses:
- TEP 234H1: Entrepreneurship & Small Business (formerly APS 234H1 F)
- TEP 432H1: Entrepreneurship & Business Management (APS 432H1 S)
These courses are different than typical courses; to be accepted, a student has to possess some of the prerequisite personality traits and unique abilities required to become a successful entrepreneur.
To assess these traits, prior to being accepted into TEP 234H1 Entrepreneurship & Small Business, a short test is offered to those who believe they have the drive and talents to start their own business.
Notes
For 2023-24 TEP432 is not being offered. Graduating students wanting to complete this certificate should contact engineering.minors@utoronto.ca for options.
A student may only receive credit on their transcript for one of the following: Engineering Business Certificate, Entrepreneurship Certificate, or Engineering Business Minor.