Entrepreneurship Minor

Entrepreneurship Minor

The newly minted Entrepreneurship Minor provides students at Rice University with a pathway to pursue rigorous and interdisciplinary study in the field of innovation and entrepreneurship. The minor enables students to understand the theory and frameworks behind different disciplinary aspects of entrepreneurship and how to apply these theories to develop and scale innovative solutions to societal problems. Furthermore, the program helps students develop professional skills that are valuable beyond the confines of entrepreneurship, such as the ability to:

  • Identify critical problems or market opportunities and develop validated solutions to meet these needs
  • Design solutions that are sustainable, inclusive, and equitable
  • Embrace empathy to better understand customers, users, clients, and team members
  • Excel in interdisciplinary teams and in communicating messaging across departments, organizations, and industries

If you have any questions, please reach out to entrepreneurship@rice.edu for support


We recommend you consult the General Announcements (GA) for the most up-to-date requirements.  The GA is the official Rice curriculum. In the event that there is a discrepancy between the GA and any other websites or publications, the GA shall prevail as the authoritative source


Students will complete 18 units to successfully complete the minor.  All students must take four core classes. These classes are:

  • BUSI 220, “Lilie Design Thinking,” (3 credit hours)
  • BUSI 221, “New Enterprises,” (3 credit hours)
  • BUSI 223, “(Business and Financial) Modeling for Entrepreneurs,” (3 credit hours)
  • BUSI 463, “Entrepreneurial Strategy,” (3 credit hours)

Students will then select 3.0 credits from the following list of courses:

  • BUSI 461, “Financing the Startup Venture,” (3 credit hours) or
  • ENGI 315, “Leading Teams and Innovation” (3 credit hours) or
  • RCEL 450, “Project Management & Leadership (2 credit hours) AND one of either
    • ENGI 218 “Leadership Lab I” (1.0 credit hours) or
    • ENGI 428Entrepreneurship Independent Study” (1.0 credit hours) or BUSI 361 “Entrepreneurial Communication” (1.0 credit hours)

In the final year, students will complete 3.0 credits of the three final capstone courses:

  • BUSI 469, “Lilie New Venture Challenge,” (3 credit hours), or
  • BUSI 465, “Student Venture Fund: Evaluating the Startup Venture” (3 credit hours – prerequisite: BUSI 461), or
  • BUSI 464, “Social Entrepreneurship” (3 credit hours)


You can find more information about our courses on our undergraduate course page. Please note that ENGI 525 is not counted towards the Entrepreneurship Minor.

This minor is administered by the Liu Idea Lab for Innovation & Entrepreneurship (Lilie) and is a joint offering between Rice Business and  George R. Brown School of Engineering.