Strategic Business Development and Entrepreneurship

Gies College of Business


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

Review Criteria

First-Year Major-Specific Criteria

  • Commitment to activities, employment, or community involvement

View All Review Criteria

Transfer Criteria

Transfer Guide

Graduation & Retention2

3.7 years to degree

96% first-year retention rate

83% four-year graduation rate

93% six-year graduation rate

Annual Program Costs

Illinois Resident

  • Tuition: $17,660
  • Fees: $4,664
  • Expenses3: $16,420
  • Total: $38,744


  • Tuition: $35,632
  • Fees: $4,664
  • Expenses3: $16,760
  • Total: $57,056


  • Tuition: $39,668
  • Fees: $4,664
  • Expenses3: $16,760
  • Total: $61,092