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DAVENPORT, IA Oct. 14, 2010—Kaplan University, a leader in higher education innovation, today announced that it has teamed up with Kauffman FastTrac®, a premier provider of learning curricula for entrepreneurs, to integrate FastTrac courses into two online master's degree specializations—the new Entrepreneurship specialization within the Master of Science in Information Technology program and the Entrepreneurship specialization within the Master of Business Administration.
"The Kauffman Foundation has a premier reputation for entrepreneurial training and development. These specializations provide Kaplan University with an opportunity to expand its online curriculum with the highest quality tools to help students successfully pursue entrepreneurial ventures," said Thomas Boyd, dean of the School of Business and Management."The FastTrac courses are particularly beneficial as entrepreneurial opportunities continue to grow at high rates in today's business world."
According to the Kauffman Index of Entrepreneurial Activity, a leading indicator of new business creation in the United States, the number of new businesses created during the current recession increased. In 2009, business startups reached their highest level in 14 years – even exceeding the number of startups during the peak 1999-2000 technology boom.
The new Entrepreneurship specialization within the Master of Science in Internet Technology (MSIT) includes FastTrac New Venture™ courses, such as Foundations of Entrepreneurship: FastTrac® New Venture and FastTrac New Venture Lab. The existing Entrepreneurship specialization within the Master of Business Administration program has been updated to include FastTrac New Venture™ courses, such as Small Business Administration and Corporate Venturing.
"Nearly all net job growth in our country comes from companies less than five years old. So, today more than ever, we need graduate business and IT students to understand the importance of entrepreneurship and to develop an entrepreneurial mindset and skill set to encourage the startup and growth of new firms," said Carl Schramm, president and CEO of the Kauffman Foundation, which created the FastTrac program. "By adding the FastTrac program to their MBA and MSIT course curricula, Kaplan University will effectively equip even more business leaders and entrepreneurs with the skills they need to start and grow firms—thus creating the innovations, jobs and wealth this country needs to recover and prosper."
Learn more about the new master's specializations in entrepreneurship
About Kauffman FastTrac
Kauffman FastTrac is the leading provider of learning curricula that equip aspiring and existing entrepreneurs with the business skills and insights, tools, resources, and network to start and grow successful businesses. Kauffman FastTrac was created by the Ewing Marion Kauffman Foundation, the largest foundation in the United States devoted to entrepreneurship. To learn more about Kauffman FastTrac, visit www.fasttrac.org.
About Kaplan University
Kaplan University offers a different school of thought for higher education. It strives to help adult students unlock their talent by providing a practical, student-centered education that prepares them for careers in some of the fastest-growing industries. The University, which has its main campus in Davenport, Iowa, and its headquarters in Chicago, is accredited by The Higher Learning Commission (www.ncahlc.org) and is a member of the North Central Association of Colleges and Schools. Kaplan University has more than 125 academic programs and offerings, and serves more than 75,000 online and campus-based students. The University has 12 campuses in Iowa, Nebraska, Maryland and Maine, and Kaplan University Learning Centers in Wisconsin, Indiana, Missouri and Florida.
Kaplan University is part of Kaplan Higher Education, which serves more than 112,000 students online and through more than 70 campus-based schools across the United States and abroad. Kaplan Higher Education schools offer a spectrum of academic opportunities, from certificates and diplomas to graduate and professional degrees, including a juris doctor degree. Kaplan Higher Education is part of Kaplan, Inc., a leading international provider of educational and career services for individuals, schools and businesses. Kaplan, Inc. is a subsidiary of The Washington Post Company (NYSE: WPO), and its largest and fastest-growing division. For more information about Kaplan University, visit www.kaplanuniversity.edu.