Programs

This page shows the current programs that are offered by/through the Farrell Center.

Propel Business 

The Propel Business New Venture & Innovation Program is an initiative offered by the Farrell Center for Corporate Innovation & Entrepreneurship, the Management and Organization Department, and Penn State’s Smeal College of Business, to provide a virtual assistance hub for Smeal graduate students and alumni interested in new venture creation.

The Propel Business program is a curated and moderated portfolio of services and resources offered through the Smeal College of Business that includes a finance clinic (including financial modeling and venture funding) digital library, faculty assistance, and legal assistance support.

Propel Connect 

Propel Connect™ brings together Smeal graduate students, alumni, faculty, staff, and our strong network of entrepreneurs for community building.

Join our online community of innovators and entrepreneurs to make connections, solicit advice, build your network, and access other online resources.

Experienceship Program

The Experienceship Program is an internship program for sophomores and juniors currently enrolled in the Smeal College of Business Corporate Innovation & Entrepreneurship (CIENT) major offered by the Management and Organization Department.

The program aligns well with the Invent Penn State Initiative to support economic development in Pennsylvania, further instilling a culture of entrepreneurship and corporate innovation, as well as building a stronger entrepreneurial ecosystem across the University and Commonwealth. 

Pennsylvania small businesses and startups, including Ben Franklin and Happy Valley LaunchBox companies, will benefit from this subsidized program. Harnessing the entrepreneurial skills and capabilities of CIENT students will increase the likelihood of commercial success of new ventures. 

Students will benefit by obtaining real-world experience in small, growing businesses, finding new networking opportunities, developing professionally, and leveraging opportunities to apply what they know.

Undergraduate

Currently the Smeal College offers undergraduate courses in entrepreneurship together with Penn State's College of Engineering. In this way, engineering students benefit from the exposure to business practices and the business students work on actual technology driven opportunities created within the engineering school. At the advanced planning stage is the addition of a full undergraduate entrepreneurship program within the business school.  The Farrell Center is home to the new Corporate Innovation and Entrepreneurship major for undergraduate students. For more information about this major please click here to view the CIENT Major.  

In addition, the Farrell Center represents the Smeal College of Business as part of the Intercollege Entrepreneurship and Innovation (ENTI) Minor and by offering the New Ventures course cluster and offering two of the core courses.  The ENTI Minor is available to students of all disciplines with course clusters for the minor currently available in seven Colleges.  Click here for more information about the ENTI Minor.

Graduate

The Smeal MBA program offers eight major portfolios including Corporate Innovation and Entrepreneurship. A similar opportunity is available in the Executive MBA Program. Students learn how to be successful entrepreneurs in three contrasting scenarios: in start-ups, within an established corporation, and within networks of corporations. Research shows that graduates with the skills to execute innovation and change within complex enterprises are extremely valuable. Since more than 90 percent of Smeal MBA graduates' careers take them into large corporations, this unique clinical experience in creating and managing innovation-driven change positions students above the crowd in the job market. Each course is structured so that the students can compare and contrast the role of the entrepreneur in small and large enterprises.
The Smeal College of Business and the Farrell Center offer a variety of exciting programs focused on Corporate Innovation and Entrepreneurship, including classes for resident MBA students, online MBA students, online graduate students, online certificates, and executive programs. Students learn how to be successful entrepreneurs and innovators through a variety of graduate-level programs offered both online and face-to-face. For example, an online Master's in Corporate Innovation and Entrepreneurship and a Graduate Certificate in Corporate Innovation and Entrepreneurship are currently being offered by the university.