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Strategic Business Development and Entrepreneurship

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What is Strategic Business Development and Entrepreneurship?

In this major, you'll learn skills needed to develop and manage new business. This includes start-ups or new areas of existing organizations, both for-profit and not-for-profit. You can pursue career paths such as business development, consulting, entrepreneurship, private equity, product management, and venture capital.

Career Options

  • Consulting
  • Business ownership
  • Sales
  • Management
  • Logistics

Post-Graduation Success1

96% employed or continuing education

66% employed after graduation

30% attending graduate school

$61,852 average starting annual income

Sample employer destinations: Deloitte, PricewaterhouseCoopers (PwC), KPMG View All

Sample grad school destinations: University of Illinois at Urbana-Champaign, Columbia University, Johns Hopkins University View All

Program Resources

Gies College of Business Program Webpage Degree Requirements Transfer Guide

Academic Profile Middle 50% 2

ACT score: N/A

SAT score: N/A

High school GPA: N/A

Graduation & Retention3

3.7 years to degree

96% freshman retention rate

83% four-year graduation rate

93% six-year graduation rate

Annual Program Costs

Illinois Resident

  • Tuition: $17,040
  • Fees: $4,174
  • Expenses4: $15,180
  • Total: $36,394

Non-Resident

  • Tuition: $34,182
  • Fees: $4,174
  • Expenses4: $15,520
  • Total: $53,876

International

  • Tuition: $37,190
  • Fees: $4,174
  • Expenses4: $15,520
  • Total: $56,884

Related Majors

1 Post-Graduation data come from the college that houses this particular major. Post-graduate data was collected through the Illini Success initiative, which primarily relies on self-reported survey data sources. Statistics are aggregated from the past three academic years, including the 2014-2015, 2015-2016, 2016-2017, and 2017-2018 graduating classes. Please note that total compensation may be greater than annual salary as other forms of compensation (e.g., signing bonus, commission, benefits) are not included. For more information on Illini Success data and methods, please visit the Illini Success website.

2 Data is from the middle 50% of students from the past two years, meaning that 25% of students were below this range and 25% were above. This data is based off of freshman applicants only.

3 Graduation and retention data comes from several majors within a similar interest area. Data may not yet be available for newly created programs. Years-to-degree data is only available for programs from which you can earn a degree. Retention and graduation rates are only available for programs that you can apply directly into.

4 Expenses are estimated and include books, supplies, housing, and other living expenses. The exact amount you’ll pay depends on where you decide to live, the meal plan you choose, and your overall lifestyle. Learn more about costs.

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