Graduate Courses


Lilie is the home of experiential learning in entrepreneurship and innovation for the award-winning Rice Business graduate entrepreneurship program at Rice University. We prepare our students to be entrepreneurs and innovators in whatever walk of society they choose, be it a technology startup, government organization, civic group, non-profit, small business, or large corporation. We strive to build a community of those looking to change the world through what they create.

We offer graduate level entrepreneurship course work as part of the Jones Graduate School of Business MBA program, which is internationally recognized as a leader for cultivating successful entrepreneurs. Full time MBA students can take courses as either electives or choose to pursue the Entrepreneurship Concentration. Professional and Evening MBA students, as well as graduate students from other disciplines, can take courses as electives. Complementing lessons learned in the classroom, we offer a variety of hands-on and experiential opportunities to learn from alumni entrepreneurs and others in the ecosystem.

As always, if you have questions, just stop by Lilie or contact Kris Cuellar at We are here to help you build the skills and mindset you need to be a successful innovator in the workplace or a rock star entrepreneur — whichever you choose.

MGMT 621/927 The New Enterprise (3.0)

The New Enterprise is an experiential entrepreneurship course, where you form teams and work towards starting a venture. You’ll accomplish this by identifying and testing assumptions about what the problem you’re trying to solve is, who your customer is, what you can do for them that is different from existing alternatives, how you’ll reach them, and how you’ll make money. Note: First Years, MGMT 621 The New Enterprise is an option for your Custom Core. This class is required for the Entrepreneurship concentration, so we strongly recommend that you take it in the Spring of your first year.

MGMT 623 Early Development and Entrepreneurship in a Biotech/Medtech (.75)

Provides an insider’s perspective on workings and challenges of an early to mid-stage pharmaceutical company. Current company issues and case studies are discussed. Intended for those considering a career in a biotech startup company.

MGMT 625 Design Thinking (1.5)

Design thinking is a problem-solving process that can be used to reduce risk when launching a new idea and increase your chances of developing an innovative solution that people want. In this project-based course, we will gain new insights into high-potential problem spaces and use an iterative experimentation process to ensure efficient resource utilization. Note: This class is ideal for those interested in entrepreneurship, innovation, and creative thinking.

MGMT 633 Roles of Physicians, Scientists, Engineers and MBAs in High-tech Startups (1.5)

Discuss the major trends and innovations driving the creation of products in established companies and VC-backed startup companies. Live, ongoing case studies are presented by guest entrepreneurs of biotech, medical device, and healthcare informatics companies. Note: This class is ideal for those interested in entrepreneurship and healthcare innovation.

MGMT 637 Dilemmas in Founding New Ventures (1.5)

Frameworks for making informed decisions about human capital when founding a new venture, including co-founders, early hires, advisors, board members, and investors.

MGMT 641 Entrepreneurial Strategy (1.5)

This course provides a deep understanding of the core strategic challenges facing startup innovators, and a framework implementing entrepreneurial strategy in dynamic environments. Learn how to balance experimentation and learning with the selection and implementation of a strategy in order to establish competitive advantage. Note: This class is ideal for those interested in entrepreneurship or financing startup ventures.

MGMT 676 Social Enterprise (1.5)

What might constitute social responsibility in a market setting? If social responsibility connotes a connection between a person and a social problem, how might it be exercised in a market transaction of buying or selling? Is there a role of private enterprise or of private consumption for alleviating some of the social problems (e.g., health, education, pollution, poverty, etc.) that we observe and experience in communities across the world? Social Enterprise explores these and related questions in the context of business.

MGMT 724 Social Entrepreneurship: Practical Business Planning (1.5)

Explore entrepreneurship and its ability to create social change by applying business principles and earned income strategies to social missions.  Students are equipped with skills needed to draft a business plan for a plausible social enterprise.  Note: This class is ideal for those interested in entrepreneurship and social impact.

MGMT 725 Intellectual Property Strategy for Entrepreneurs (1.5)

This course examines: theory and logic of alliances in value creation, alliance evolution in various industries, the spectrum of alliance types from a low level of interdependence to a high. The course is discussion-based, focusing on reading material, case studies and problem sets.

MGMT 730 Legal Aspects of Entrepreneurship (1.5)

This course focuses on the legal dimensions of entrepreneurship and is designed to help students develop the managerial capability to work effectively with legal counsel to solve complex problems and to protect and leverage firm resources.

MGMT 740 Student Venture Fund: Evaluating Startup Investment Opportunities (3.0)

Students will identify, screen, and evaluate startups for investment by the Rice venture capital fund. Through this highly experiential course, students will learn tools for rigorously evaluating startup ventures for investment, valuing early stage companies, and structuring investments. Apply here: Note: This class is ideal for those interested in entrepreneurship and financing startup ventures.

MGMT 765 Ignite Entrepreneurship (.75)

The Ignite Trek provides entrepreneurial students with a chance to meet some of the most successful and up-and-coming entrepreneurs in Silicon Valley. This is an intense immersion experience with company visits. Apply here:  Note: This class is ideal for those interested in entrepreneurship.

MGMT 766 Healthcare Innovation and Entrepreneurship Lab (3.0)

This lab is designed for healthcare entrepreneurs who want to build innovative medical technologies. Students will work with nascent medical device startups from the MGMT 799 Healthcare Innovation and Entrepreneurship Fall course. Students will work 10 hours per week on various aspects of a business plan and prepare for business plan competitions. Apply here. Note: This class is ideal for those interested in entrepreneurship and healthcare innovation.

MGMT 799 Healthcare Innovation and Entrepreneurship (3.0)

This course is designed for healthcare entrepreneurs who want to build innovative medical technologies. Students work in interdisciplinary teams comprised of engineering, business, and medical students. Key concepts include: how to validate and scope clinical needs, ideate solutions, draft a business model, and determine regulatory and reimbursement strategies. Apply here. Note: This class is ideal for those interested in entrepreneurship and healthcare innovation.