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This program focuses on the issues that affect the growth and success of women-led businesses. Business case studies are used to highlight the management styles of successful women entrepreneurs as well as to illustrate the issues faced by women entrepreneurs. We also examine the trends in women entrepreneurship and the impact of women-led businesses on policy and programs within the private and public sectors. The program relies on case studies, current research and field study interviews.

The topics of the program include affirmative action, access to debt and equity capital, the growth of women-led businesses in non-traditional sectors, work-life balance and the development of resource networks. Thie program is especially suited to women who want to own or assume a management position in a women-owned business. It also is intended for students who are prospective entrepreneurs and those interested in being entrepreneurial supporters (bankers, venture capitalists, lawyers, accountants, private investors, advisers and inventors

Mirjana Radovic, Ph.D.
Program Coordinator


Faculty Biographies

Mirjana Radovic, Ph.D.
Program Director

Dr. Radovic has spent over twenty years as a scientist. She has been a professor, a researcher and an author of eight books devoted to business management and entrepreneurship. Dr. Radovic has written numerous articles, reviews and essays in a number of professional journals and popular magazines. A native of Belgrade, she holds a Bachelor's Degree in Economics from Belgrade University, Faculty of Economics. In 1982, she earned her Master?s Degree in Theoretical Economy and eventually a Ph.D. in Economics from Belgrade University. She has served as guest lecturer at a number of universities, foundations and institutes in Moscow, The Hague, New York, Washington DC, San Francisco, St. Paul, Atlanta, Portland, and New Orleans. She was awarded two scholarships from the United Nations to study at Lomonosow University in Russia and Kerala University in India. Dr. Radovic is the owner and director of the first business magazine in her country, Small Business News. Beside many duties and hobbies, she has written two novels.

Harvey Menden, Ph.D.
Business Center Director

Dr. Menden is Director, Training and Organizational Development for a multi-billion dollar business. He previously held the position as a Senior Consultant for the Human Resources Organizational Capability Group at Amoco Corporation. He has provided services as either an employee or an external consultant to Fortune 500 companies such as The General Electric Company, The Coca-Cola Company, Black and Decker, Canada Life, and Little Tikes. He possesses extensive experience within Human Resources, Organizational Development, Organizational Behavior, International Business, and Adult Education. Dr. Menden is a member of the International Society for Performance Improvement (ISPI) and has previously served on the Atlanta chapter's board. He serves as adjunct faculty at Newport University. Dr. Menden received his Ph.D. in Business Education from International Institute for Advanced Studies, D.Min. from CBCS, an MBA from Newport University, and a BS in Political Science from the State University of New York.

Tricia W. Devin, Ed.D.
Dr. Devin holds an EdD, MA, PA and BA from Pepperdine University, a Post-Doctorate Ph.D. from Polytechnic University, Berlin, and an RN in Critical Care from the University of Alberta, Canada. She completed her Fellowship Program in England. Dr. Devin served as Provost of Academic Affairs, Dean of Business and Management at the Graduate and Undergraduate levels, and Critical care and Trauma Specialist in California for fifteen years. She has taught online, on-ground, Flexnet and distance education for the past ten years. In 1981, she developed and implemented a specialized consulting business based in Los Angeles, California, with businesses in re-engineering and restructuring transitions. She has worked for corporations in United State, Canada, Europe and Southeast Asia.

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Master of Science in Entrepreneurship for Women
Course Descriptions

Master of Science in Entrepreneurship for Women

The Master of Science Program in Entrepreneurship for Women will examine the social, psychological, and economic factors that influence and shape women entrepreneurship and new venture formation.

Degree Expectations
Master's participants in Entrepreneurship for Women will complete a minimum of 36 credits above the baccalaureate degree including the thesis or major project in lieu of thesis, as outlined below:

Academic Major in Entrepreneurship for Women (Required: 18 credits)
Academic Minor (Required: 9 credits)
Research Preparation (Required: 3 credits)
EXM 880: Master's Comprehensive Examination (Required: noncredit)
RES 885: Thesis Proposal (Required: 2 credits)
RES 890: Thesis (Required: 4 credits)
EXM 895: Oral Review of Thesis (Required: noncredit)


Master's students must complete 18 graduate credits in core coursework comprising an academic major. These are the foundational competencies in theories, principles, and practices, and the historical, philosophical, and social-cultural implications of the discipline. These courses represent the core competencies and essential elements, which define your field of study and establish the underlying foundations upon which you may base your advanced professional development.

Required: 18 credits in Entrepreneurship for Women, as outlined below.

Three courses (9 credits) selected from the following:

MGT 570: Women Entrepreneurs and New Venture Formation (3 credits)
MGT 571: Women in Leadership (3 credits)
MGT 572: Businesses Women Prefer (3 credits)
MGT 573: Social, Psychological, and Economic Aspects of Women Entrepreneurship (3 credits)

PLUS: Three courses (9 credits) selected from the following:

MGT 502: Database Management (3 credits)
MGT 516: Business Law (3 credits)
MGT 534: Ethical Theories for Business (3 credits)
MGT 542: Human Behavior in Organizations (3 credits)
MGT 546: Global Entrepreneurship (3 credits)
MGT 550: Strategic Franchising (3 credits)
MGT 567: The Entrepreneurship Process (3 credits)
MGT 568: Management and MS Project (3 credits)

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Master's students also complete coursework in an academic minor consisting of at least 9 credits. The primary faculty advisor will guide the student in the selection of this coursework. The academic minor may include additional studies in the field of Entrepreneurial Studies, Economic development, Business Administration, or another appropriate field of study. The minor may also be interdisciplinary in nature.

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Master?s students must pursue studies providing advanced research knowledge necessary for success in their final projects (thesis or major project in lieu of thesis). At least three semester credits of research preparation coursework is required and this might focus upon quantitative and qualitative methods or participatory action research techniques, especially subject selection, research design, and statistical analysis, as appropriate to each student?s proposed project. Through this requirement, students learn to effectively define applied problems or theoretical issues and articulate the rationale for the study. They should learn to present an effective scholarly review of the academic literature and implement quantitative, qualitative or participatory action methods for evaluating academic issues.

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Once the student has completed the coursework elements of the degree, they schedule the Comprehensive Examination. The primary mentor and a faculty member representing the minor field of study conduct both the written and oral components of the examination. The written portion is open book style with selected essay questions requiring creative responses that reach for the higher levels of cognition. Your answers are expected to draw from both the primary and secondary competencies of your program with proper referencing of the scholarly literature. The oral component of the examination is normally completed by telephone conference and is intended to allow detailed investigation of your written responses.


Master's students are expected to prepare a formal proposal related to the concept for research under the direction of the primary mentor and following the guidelines provided by the University.


Following approval of the thesis proposal, the student will begin the research project. The thesis may take the form of a traditional research project or it may be a major scholarly project of the type appropriate to the discipline. Whichever approach to the thesis is approved, the resulting project must demonstrate mastery of a body of knowledge in the major field of study, be the original work of the student and represent a meaningful contribution to the betterment of the human condition or an improvement of the professional field.

The thesis research may be conducted via quantitative, qualitative, or participatory action research. The body of the thesis manuscript, structured according to a set of approved manuscript guidelines, should exceed 75 double spaced, typewritten pages. If the thesis takes the form of a major scholarly project, it must follow the guidelines provided by the University for such projects.


Once the students have prepared the thesis manuscript, they will be asked to schedule the formal review process. The primary mentor and a faculty member representing the secondary academic area will conduct the formal physical review of the thesis manuscript and the oral review of thesis.

The physical review of the thesis manuscript usually takes the review committee four to six weeks. Each reviewer will prepare questions and commentary relative to the underlying review of the literature, the thesis methodology, the mechanics of your project, and the presentation of the findings, conclusions and recommendations.

The oral examination is carried out by telephone conference call and is designed to allow detailed investigation of the thesis. The faculty reviewers explore issues related to the thesis including methodology, review of literature and interpretation of the findings.

One outcome of the thesis review process is a set of final expectations directing the student through the remaining tasks for completing the thesis manuscript. Once the final manuscript is approved, the student will submit the formal document to an approved bindery and later ship the bound thesis to the University for permanent archival storage.

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MGT 502: Database Management (3 credits)
Student investigate the principles of relational database management systems (RDBMS) and their application to business. Topics include database design, object databases, decision support systems, parallel and distributed systems, deductive and active databases, data modeling and implementing the derived models using tables. [Author and Instructor: Mr. Dusan Markovic]

MGT 516: Business Law (3 credits)
Students examine the international legal system and its influence in the business world from the perspectives of business managers and the obligations that international laws may impose upon them. Topics address the framework of the legal system, legal process and the basic principles of contracts, sales of goods, torts, company law, trade practices law and administrative law. [Author and Instructor: Dr. Daniel Joseph O?Shea]

MGT 534: Ethical Theories for Business (3 credits)
This course evaluates methods for making informed ethical decisions within the workplace and marketplace including the concepts of moral motivation and respecting persons, duties, moral rights and prima facie principles. Topics cover the consequentialist moral theory of utilitarianism, the principle of the "greatest happiness for the greatest number" and Kant's non-consequentialist ethics of the categorical imperative. [Author and Instructor: Dr. Keith Seddon]

MGT 542: Human Behavior in Organizations (3 credits)
This course examines the prerequisite human sensitivities and psychology necessary to effectively deal with the human challenges within the workplace. Topics review the perspectives of the individual, interaction between individuals and the organization as a whole. Students study the internal dynamics of organizations and the role of organizations in the broader social, political and economic environment. Topics also review issues of efficiency and effectiveness in organizations in both the private and public sectors and consider ethical issues that arise in managing organizations. [Author and Instructor: Dr. Harvey Menden]

MGT 546: Global Entrepreneurship (3 credits)
This course covers the issues of entrepreneurship in the global business environment. Topics examine the impact of religio-cultural, social, political, military, and regional economic forces upon the entrepreneurial process in the global business environment. [Author and Instructor: Dr. Mirjana Radovic]

MGT 550: Strategic Franchising (3 credits)
Franchising is one of the most effective techniques for rapidly achieving high growth. Franchising currently generates $1 trillion dollars in the U.S. economy annually. It has also become a significant factor in international markets, as U.S. companies franchise abroad and international entrepreneurs import U.S. franchising concepts. This course explores the advantages and disadvantages of franchising from the franchiser's perspective. It also helps participants determine whether to franchise, and if so, the most effective way to do so. Topics include rapid domestic and international growth, entrepreneurship, capital leverage, equity creation and risk. [Author and Instructor: Dr. Mirjana Radovic]

MGT 567: The Entrepreneurship Process (3 credits)
This course focuses upon issues of procurement, planning, control, and operation of the new business. Students will participate in brainstorming and other assessment processes used for evaluating ideas from conceptualization to implementation, including reflections upon the business climate and how an idea might fare given current conditions. Favorable ideas will be formulated into elements of a formal business plan. [Author and Instructor: Dr. Mirjana Radovic]

MGT 568: Management and MS Project (3 credits)
This course investigates how entrepreneurs can develop effective decision making skills, and successfully apply microeconomic theory, cost estimation, market structure analysis and business policies. Topics explore how managers apply MS Project to solve business problems and improve their organizations. Students also examine the use of information technology to improve management capabilities. [Author and Instructor: Mr. Dusan Markovic]

MGT 570: Women Entrepreneurs and New Venture Formation (3 credits)
This course is an intensive study of concepts, tools, methods, and theories of research in women entrepreneurship and new venture formation. Topics cover major aspects of small business management from starting a business through financing, marketing, and managing. [Author and Instructor: Dr. Mirjana Radovic]

MGT 571: Businesses Women Prefer (3 credits)
This course incorporates the latest information and thinking on small businesses which women prefer. Topics focus upon home businesses, Internet businesses, and family businesses. Topics also include generation of new business ideas and opportunities for their evaluation. [Author and Instructor: Dr. Mirjana Radovic]

MGT 572: Women in Leadership (3 credits)
The course examines issues of women in leadership within the general business and social environments. Topics stress the new role of women in leadership, the emergence of the new business and organizational culture. Students examine research revealing the favorable contributions of women in business leadership and success of the contemporary business culture. [Author and Instructor: Dr. Mirjana Radovic]

MGT 573: Social, Psychological, and Economic Aspects of Women Entrepreneurship (3 credits)
Student examine the historical and contemporary perspectives of human behavior, psychology, sociology, and cross-cultural comparisons of women entrepreneurship. [Author and Instructor: Dr. George W. Shippey]

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Women and Small Business by Dr. Mirjana Radovic
This online review by Ezine Articles gives guidelines and tools needed to start, operate and succeed in a small business.

Profile of Women Leaders by Dr. Mirjana Radovic
This article presents the latest results on research related to women leaders and their position in the business world.

Entrepreneurship: Theoretical and Practical Guide on All Aspects for Starting Successful Small Business by Mirjana Radovic Markovic, Petar Milijkovic (Translator) ... See More

Entrepreneurship: Theoretical and Practical Guide on All Aspects for Starting Successful by Mirjana Radovic Markovic
Reviewed as the perfect book recommend to those interested in entrepreneurship.

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Akamai University is internationally accredited by the Accreditation Service for International Colleges (ASIC). The University has earned Premier status with ASIC for its commendable areas of operation. ASIC is an approved accrediting body for the purposes of compliance by the UK Border Agency (UKBA) is a member of the British Quality Foundation (BQF), sits on the Quality Standards Group of UK NARIC, and is one of a number of international accrediting bodies listed in the international directory by the Council for Higher Education Accreditation (CHEA) in the USA and is a member of the CHEA International Quality Group (CIQG).


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