Graduate Courses

Rice Business has the leading graduate entrepreneurship program in the nation, according to the Princeton Review and Entrepreneurship Magazine. Through Lilie’s partnership with the Jones Graduate School of Business, we offer graduate students of all disciplines access to experiential entrepreneurship courses as well as hands-on entrepreneurship labs. The entrepreneurship labs complement the lessons learned in the classroom and are designed to provide students the opportunity to work in real-world settings, not just with faculty but with mentors and alumni entrepreneurs. Our entrepreneurship course offerings focus on frameworks which can be applied in any field and don’t require previous business knowledge.

We prepare our graduate students to become problem solvers and innovators in whatever field they choose, be it commercialization of technology, consulting, public or private research, or higher education. Our courses are designed to equip our students with an entrepreneurial mindset which allows them to:

  • Think creatively in ambiguous environments
  • Identify critical problems or market opportunities and to 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

Graduate students interested in taking classes through Lilie are required to first obtain approval from the course’s professor and the Jones Graduate School of Business registrar. Graduate students from universities other than Rice may also be eligible to take certain courses through the inter-institutional agreement.

As always, if you have questions, just stop by the Liu Idea Lab for Innovation & Entrepreneurship or schedule office hours by contacting 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 The New Enterprise (3.0)

Entrepreneurs and innovators build products and companies in ambiguous environments. This class will give you the skills and mindset to navigate this uncertainty with proven frameworks. You’ll explore potential venture opportunities, identify unmet needs, draft a value proposition and concept for a solution, and test your assumptions quickly and cheaply; these are all processes which can be used to build a new enterprise or innovate within an established industry.

MGMT 623 Early Development and Entrepreneurship in a Biotech/Medtech Startup (0.75)

The field of biotech is complex, and healthcare startups face additional challenges, regulatory constraints and ever-present ethical concerns. This course helps you navigate through these considerations with case studies that highlight pre-clinical and clinical product development, licensing, business development, FDA approvals, and intellectual property issues.

MGMT 625 Design Thinking (1.5)

Design isn’t about aesthetics, products, or experiences; design is a process that mandates empathy for the user you are designing for. Understanding the design process will make you a better leader, colleague, and human by providing a toolkit that you can apply to your personal and professional life.

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. This class is ideal for those interested in entrepreneurship and financing startup ventures. Prerequisite: MGMP 626: Financing the Startup Venture. Application required.

MGMT 765 Ignite Entrepreneurship (0.75)

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.

MGMT 766 Healthcare Innovation and Entrepreneurship Lab (3.0)

This lab is designed for healthcare entrepreneurs who want to build innovative medical device 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. This class is ideal for those interested in entrepreneurship and healthcare innovation. Prerequisite: MGMT 799: Healthcare Innovation and Entrepreneurship.  Apply here.

MGMT 799 Healthcare Innovation and Entrepreneurship (3.0)

Interested in healthcare and entrepreneurship and want a truly collaborative experience? Work together with engineering, medical, and business students to build innovative medical technologies. Together you will determine clinical needs, ideate solutions, create a business model, and navigate regulatory requirements. This course is offered in collaboration with the Rice Global Medical Innovation Master’s program and Baylor College of Medicine. Apply here.