2007
DOI: 10.1002/j.2334-4822.2007.tb00485.x
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15: Teaching Business by Doing Business: An Interdisciplinary Faculty-Friendly Approach

Abstract: This chapter describes theimplementation ofan interdisciplinary undergraduate curricular innovation in two different university settings. TheIntegrative Business Experience (!BE) requires students to enroll concurrently in three required core business courses and apracticum course in which theydevelop andoperate a startup business (based on a real-money loan of up to $5,000) and carry out a hands-on community service project. This chapter also reports outcomes for students (including data from an assessment), … Show more

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Cited by 3 publications
(2 citation statements)
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“…Examples include the creation of companies by students complete with products and customers (Miller, 1991) and involving university administration, where community partnerships were established with business leaders, who developed mentoring relationships with the students (Woiwod, 2002). Michaelsen and McCord (2006) have integrated an experiential component into their junior-level core business courses. Inspired by Miller (1991), Michaelsen and McCord integrated the principles in three core courses, with an intensive hands-on experience where students had the "opportunity to practice using basic business concepts .…”
Section: Real-world Experience and Applicationsmentioning
confidence: 99%
“…Examples include the creation of companies by students complete with products and customers (Miller, 1991) and involving university administration, where community partnerships were established with business leaders, who developed mentoring relationships with the students (Woiwod, 2002). Michaelsen and McCord (2006) have integrated an experiential component into their junior-level core business courses. Inspired by Miller (1991), Michaelsen and McCord integrated the principles in three core courses, with an intensive hands-on experience where students had the "opportunity to practice using basic business concepts .…”
Section: Real-world Experience and Applicationsmentioning
confidence: 99%
“…The purpose of this paper is to describe a program in which students learn to do hands-on business and community service work. The program, called the Integrative Business Experience (IBE-see Michaelsen & McCord, 2006), requires students to enroll concurrently in three required core business courses and a practicum course in which they develop and operate a start-up business (based on an actual bank loan of up to $5,000) and use company profits to carry out a hands-on community service project. By creating and running both a business and service venture, the students engage in activities and outcomes that touch on all four of Kolb's Stages of Learning.…”
Section: University Of Central Missourimentioning
confidence: 99%