Strategy, Innovation and Entrepreneurship

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What is Strategy, Innovation 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.

First-year students need to apply to Business Undeclared for admission consideration to Gies. They then can pursue the Strategy, Innovation and Entrepreneurship degree if admitted.

Career Options

Consulting
Business ownership
Sales
Management
Logistics

Post-Graduation Success¹

96% employed or continuing education

73% employed after graduation

23% attending graduate school

$61,587 average starting annual income

Sample employer destinations: Deloitte (4), Deloitte (2), Crowe Horwath (2) View All

Sample grad school destinations: University of Illinois Urbana-Champaign, Loyola University Chicago, Maharishi International University View All

Program Resources

Gies College of Business Program Webpage Degree Requirements

Review Criteria

First-Year Major-Specific Criteria

Commitment to activities, employment, or community involvement

View All Review Criteria

Transfer Criteria

Transfer Handbook

Graduation & Retention²

3.6 years to degree

First-Year retention rate: N/A

Four-year graduation rate: N/A

Six-year graduation rate: N/A

Annual Program Costs³

Illinois Resident

Tuition: $18,740
Fees: $5,182
Expenses: $19,558
Total: $43,480

Non-Resident

Tuition: $44,340
Fees: $5,182
Expenses:$19,898
Total: $69,420

International

Tuition: $47,800
Fees: $5,182
Expenses: $19,898
Total: $72,880

Related Majors

Advertising - COM

Business Undeclared - BUS

Operations Management - BUS

Supply Chain Management - BUS

¹ 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 years. 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. For average wage or salary information five years after entry into an occupation, visit the Post-Secondary Employment Outcomes Explorer.

² 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. Retention rates reflect retention to the university, not necessarily retention within the major.

³ "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. To learn more about costs, please visit the Office of Student Financial Aid website. To learn the average monthly student loan payment over a period of 20 years based on estimated cost, visit the Illinois College2Career website.