The center is home to several curricular courses: three interdepartmental courses designed to guide students through the process of ideation to value creation and ultimately to venture launch; and two financial education courses that introduce students to the structure and operation of U.S. and world corporations and financial institutions.
Innovation & Entrepreneurship
IDP 155 Entrepreneurship I: Introduction to Innovation
January 9–13, 9 a.m.–noon
Students learn about and gain immediate experience with entrepreneurial innovation by generating ideas, projects and business or organization “startups” using the Lean Launch methodology. This is a fast-paced, hands-on week using the Business Model Canvas tool to develop clear value propositions for each defined customer segment. Students are expected to work in teams to complete daily homework assignments and a final presentation. Graded S/U.
IDP 156 Entrepreneurship II: Entrepreneurship in Action
January 17–20, 9 a.m.–noon
Utilizing a case-study approach, students learn details about business and organization finance economics. Using the Business Model Canvas, students further explore the process of planning, testing and developing ideas, projects, businesses and organizations. Cases include those developed by teams in Introduction to Innovation as well as cases provided by the instructor; enrollment in IDP 155 is encouraged but not required. Students are expected to work in teams to complete daily homework assignments and a final presentation. Graded S/U. Credits: 1
IDP 158 Economics of Innovation
Spring 2017, Tuesday, noon–12:50 p.m.
This experiential course engages students in a critical exploration of innovation and financial viability. Through case studies, interactive discussions and workshops, and guest lectures, students learn and test economic models for innovative ideas. Students are expected to complete weekly assignments and a final project. A course application is required. Enrollment limit: 12. Graded S/U. (E) Credits: 1
ACC 223 Financial Accounting
The course, while using traditional accounting techniques and methodology, will focus on the needs of external users of financial information. The emphasis is on learning how to read, interpret and analyze financial information as a tool to guide investment decisions. Concepts rather than procedures are stressed and class time will be largely devoted to problem solutions and case discussions. A basic knowledge of arithmetic and a familiarity with a spreadsheet program is suggested. 4 credits; **no more than four credits in accounting may be counted toward the degree.
GFX 100 Introduction to Global Financial Markets
This half-semester course will provide an overview of the financial system and the role of financial institutions in the global economy; domestic and international regulation; domestic and international banking. Lectures are given by Smith College faculty, Smith alumnae industry professionals and scholars in the field. **Registration required.**
Online Course: Financing Life
In Smith's first-ever online course, beloved economics professor Randall Bartlett demystifies finance—from the time value of money to the child care credit—in plain English. With this self-directed sequence of videos and activities, you'll gain a clear understanding of how concepts like inflation, compound interest and marginal tax rate fit into the "big picture" of your financial life. Personal finance doesn't have to be overwhelming! A strong foundation in financial literacy empowers you to ask the right questions so you can act more purposefully as you continue to live your life.