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Berkeley Business Academy for Youth- High School Entrepreneurship

By Eric Eng

By Eric Eng

Asian teacher leader and multiethnic diverse young professional creative team students brainstorming discussing project at desk with in office classroom using laptop computer.

Berkeley Business Academy for Youth- High School Entrepreneurship

The Berkeley Business Academy for Youth, or B-BAY, has a special program for high school students interested in learning about starting and running a business. This program happens at the University of California, Berkeley, and helps students get a real feel for what it’s like to be an entrepreneur. They’ll do hands-on activities like workshops and projects that teach them about business in a fun and practical way.

Learning about entrepreneurship is really important for high school students because it teaches them skills like how to think critically, solve problems, and lead others. These skills are useful no matter what job you want in the future. The B-BAY High School Entrepreneurship Program helps students become more creative, learn how to bounce back from failures and work well with others. This blog post is here to give you all the details about the program, including how it can help you, what you’ll learn, and how to sign up. We want to show students how exciting and rewarding learning about entrepreneurship can be and encourage them to take the first step toward becoming the next generation of business leaders.

What is the Berkeley Business Academy for Youth- High School Entrepreneurship Program?

The Berkeley Business Academy for Youth (B-BAY) High School Entrepreneurship Program is a unique chance for high school students to dive into the world of business. In this two-week course, 50 students from all over the world come to Berkeley to learn how to turn their great ideas into successful businesses. This program isn’t just about learning in a classroom; it’s about experiencing what it’s like to be part of Berkeley’s vibrant culture and academic life.

UC Berkeley campus

Students in the program will get to hear from professors at Berkeley Haas and guest speakers from the corporate world who will share their knowledge and real-life business experiences. The curriculum is designed to be interactive, combining classroom lessons, independent research, computer lab work, and team projects.

Here are some of the courses you’ll work on during your time at the Academy:

  • Teamwork and Leadership: Discover various leadership styles and identify what makes a leader effective. Reflect on your own approach to leadership. Experience both the benefits and challenges of team collaboration.
  • Entrepreneurship: Understand the four key traits of entrepreneurship and how entrepreneurs pinpoint opportunities in the market and organize their ventures.
  • Marketing: Grasp the goals and steps involved in marketing, including how market research helps understand customer desires. Conduct a SWOT analysis and learn how a strategic marketing mix can provide a competitive edge. Evaluate marketing strategies for products at various lifecycle stages.
  • Finance: Trace the journey of funding from its sources to a startup to comprehend the flow of capital. Gain insight into financial terminology and the basics of how financial markets operate. Explore concepts related to pricing and interest rates.
  • Accounting: Master the creation of financial statements that provide crucial information to investors, lenders, and tax authorities about a company’s health. Learn about income statements, balance sheets, financial planning, and strategic finance.
  • Game Theory and Negotiations: Delve into how game theory concepts apply to negotiation, conflict resolution, and bargaining. Get comfortable with negotiating through practice and understanding.
  • Management of Organizations: Broaden your understanding of how the structure, strategy, culture, and leadership within organizations affect their success. Use this knowledge to craft your business plan.
  • Corporate Social Responsibility/Introduction to Case Studies: Discover the importance of ethical conduct in business and the reasons to prioritize corporate social responsibility. Understand the rapid movement of money and ideas in today’s global economy.
  • Public Speaking/Presentation Skills Workshop: Develop the skills necessary for clear and effective communication. Practice non-verbal cues and gestures, learn persuasive speaking techniques, and manage public speaking anxiety.

Moreover, one of the main goals of the program is for teams to work together to create a detailed business plan. At the end of the two weeks, teams will present their business plans, showing off what they’ve learned and developed.

But the B-BAY High School Entrepreneurship Program is about more than just learning how to write a business plan. It’s designed to help students grow in many ways. Participants will build confidence and discover their strengths through teamwork. They’ll improve their communication skills and get better at giving presentations. They’ll explore different areas of business, like marketing and finance, in a way that’s fun and engaging. And they’ll develop important research skills that are essential in the business world.

Besides the academic side, there’s a lot of fun to be had and new friends to be made. The program gives students a taste of college life at UC Berkeley. They’ll meet college students and learn about their experiences, get advice on the college admission process, and start thinking about how to write their college application essays. There are also plenty of activities outside of class, like campus tours, scavenger hunts, and karaoke nights, to make sure everyone has a great time.

By the end of the program, students will not only have a solid business plan but also a certificate of completion from the UC Berkeley Business Academy for Youth. They’ll leave with a new network of friends from around the world who share their interest in business. It’s a perfect mix of learning, making connections, and experiencing life at one of the best universities around.

Where is the High School Entrepreneurship Program Being Held?

The High School Entrepreneurship Program takes place at the University of California, Berkeley, specifically within the Haas School of Business. This location is not just any place; it’s a hub of innovation and learning in one of the most prestigious universities in the world. Being at UC Berkeley means students get to experience what it’s like to be on a vibrant college campus, surrounded by the energy and creativity that the university is known for.

UC Berkeley

At the Haas School of Business, participants will have access to state-of-the-art facilities and resources. This includes modern classrooms equipped with the latest technology, computer labs where students can work on their projects, and common spaces for team meetings and brainstorming sessions. The program makes sure that students have everything they need to learn, create, and collaborate effectively. It’s a unique opportunity to dive into the world of business while being supported by the best resources UC Berkeley has to offer.

When Does the Berkeley Business Academy for Youth- High School Entrepreneurship Program Take Place?

The program is offered during the summer, with two sessions available for students. The first session, Session I, starts on July 6, 2024, and runs until July 20, 2024. For those who might miss the first session or prefer a later date, there’s a second option, Session II, which begins on July 20, 2024, and ends on August 3, 2024. This schedule means that no matter which session you choose, you’ll spend two weeks immersed in learning about entrepreneurship.

Diverse group of young people chatting in college library

Classes are held from Monday to Friday, starting at 9:00 am and wrapping up at 3:30 pm each day. This schedule provides a full day of learning and activities, but also gives students evenings and weekends free. This timing is perfect for getting a real feel for what it’s like to be part of a rigorous academic program while still having time to relax and explore the Berkeley area or work on projects with your new friends from the program.

Why Should You Join the Berkeley Business Academy?

Joining the High School Entrepreneurship Program at the University of California, Berkeley, offers numerous benefits that can shape your future in exciting ways. Here’s why you should consider being a part of it:

1. Learn Valuable Skills

This program teaches you important skills that are not just about business but about life. You’ll learn how to think creatively to solve problems, make decisions confidently, and communicate your ideas effectively. These are skills that will help you in school, in your future career, and in life.

2. Experience Teamwork

Working in a team is a big part of this program. You’ll learn how to collaborate with others, share ideas, and support each other to achieve common goals. This experience is priceless because, in the real world, being able to work well with others is just as important as your individual talents.

3. Networking Opportunities

You’ll meet other students from all over the world who share your interests. These connections can last a lifetime and may open doors for you in the future. Plus, you’ll get to learn from professors and business professionals who can provide insights into the business world and advice on how to succeed.

4. Get a Taste of College Life

The program takes place at UC Berkeley, one of the top universities in the world. You’ll get to experience what college life is like, which can help you feel more prepared and excited about your future academic journey.

5. Build Confidence

Throughout the program, you’ll be challenged to step out of your comfort zone. Whether it’s presenting your business plan, participating in discussions, or leading a project, these experiences will build your confidence and self-esteem.

6. Explore Career Paths

If you’re thinking about a career in business, this program is a great way to start. You’ll get a broad overview of different areas within business, such as marketing, finance, and entrepreneurship, which can help you decide which path is right for you.

7. Improve Your College Applications

Participating in a prestigious program like this can make your college applications stand out. It shows that you’re committed to learning and developing yourself outside of the classroom.

8. Have Fun

Yes, you’ll be learning a lot, but you’ll also have fun. The program includes activities and projects that are designed to be enjoyable and engaging. Plus, you’ll have the chance to explore Berkeley and make new friends.

Joining the High School Entrepreneurship Program is an investment in your future. It offers a unique blend of education, personal growth, and fun, all while preparing you for success in whatever career you choose to pursue.

How to Join the Berkeley Business Academy for Youth- High School Entrepreneurship Program

To join the High School Entrepreneurship Program at the Berkeley Business Academy for Youth, here’s what you need to do:

1. Write an Essay

You’ll need to write an essay of 500 words that’s 1.5-spaced and uses a 12-point font. This essay should answer three specific questions about the importance of inclusion in teams, how inclusion improves performance, and how the program will help you achieve your goals. Make sure to include your last name, first name, the essay prompt number, and word count in the upper right corner of your essay. If English isn’t your first language, add a paragraph about your English education and experience.

2. Get Two Teacher Recommendations

Ask two of your teachers to fill out a recommendation form for you. These forms should be emailed directly to [email protected] by your teachers, not by you. You can download the recommendation form from the program’s website.

3. Submit Your Transcript

Upload a transcript that shows your grades from the past two years. It’s okay if it’s unofficial, but it must have your name on it.

4. Pay the Application Fee

There’s an $80 application fee that you need to pay when you submit your application. Remember, this fee is non-refundable, and your application won’t be looked at without it.

5. Cover Tuition Costs

If you’re from California, the tuition is $6,050. If you’re from out of state, it’s $7,050. This covers your tuition, materials, housing, and other fees.

Moreover, you might be asked to do a virtual interview with the admissions team to see if you’re a good fit for the program.

Remember, the program is looking for students who are really into learning about business and are ready to take on a challenging but fun summer learning experience. Your essay and other materials should show how motivated and mature you are, and why you’re excited about joining the program.

When is the Deadline to Apply for the Berkeley Business Academy for Youth- High School Entrepreneurship Program?

The deadline to apply for the High School Entrepreneurship Program at the Berkeley Business Academy for Youth is February 29, 2024. It’s a good idea to send in your application before this date because the program looks at applications and accepts students as they come in. This means the sooner you apply, the better your chances might be to get a spot.

Side view at multi-ethnic group of students using laptop while studying in college

If you need a little extra time to get your recommendations and transcripts together, don’t worry. You can submit these supporting documents up until March 5, 2024. But remember, your application isn’t considered complete until the program has everything – your application, your essay, your recommendations, your transcript, and your application fee. Once they have all these pieces, they’ll take a look at your application. Then, you’ll hear back from them with a decision about your admission within two weeks.

So, make sure to mark these dates on your calendar and get your application in early. That way, you won’t miss out on this awesome opportunity to learn about business this summer.

How Hard is it to Get Into the Berkeley Business Academy for Youth- High School Entrepreneurship Program?

Getting into the High School Entrepreneurship Program at the Berkeley Business Academy for Youth can be challenging because it’s a popular program with many students applying from all over. The program is selective, which means they don’t accept everyone who applies. They’re looking for students who really stand out because of their interest in business, their motivation, and their readiness to take on a challenging but exciting learning experience.

Asian student girl looking at group mate talking

The admissions committee pays close attention to your application to see if you’re the kind of student they’re looking for. They want to see that you’re not just smart, but also curious about the world of business. They like students who are eager to learn, ready to work hard, and able to work well with others. Your essay is especially important. It’s your chance to show them who you are, how you think, and what makes you excited about joining their program. They also look at your teacher recommendations to get a sense of how you are in class and with your peers.

To stand out in the application process, here are a few tips:

  • Be Yourself: In your essay, share your true thoughts and experiences. Let your personality shine through.
  • Show Your Passion: Explain why you’re interested in business and what goals you have for the future.
  • Highlight Teamwork: Share examples of how you’ve worked well in teams, whether it’s in school projects, sports, or other activities.
  • Check Your Work: Make sure your application and essay are well-written and free of mistakes. This shows you’re serious about the program.
  • Ask for Strong Recommendations: Choose teachers who know you well and can talk about your strengths and potential.

Remember, the program isn’t just looking for the smartest students but those who are passionate about learning and growing. Show them that you’re ready to take advantage of this opportunity and that you have a lot to contribute to the program. Being genuine and prepared can really make your application stand out.

Final Thoughts

From the exciting curriculum and hands-on projects to the benefits of developing business skills, networking, and getting a taste of college life at UC Berkeley. This High School Entrepreneurship Program at the Berkeley Business Academy for Youth is a fantastic opportunity for high school students who are passionate about business and looking to learn in a fun, challenging environment.

If you’re eager to dive into the world of entrepreneurship, build new skills, and meet like-minded peers from around the globe, this program is for you. Don’t miss out on the chance to be part of something truly special. Check out the program’s website or application portal today to learn more and start your application. This could be the first step towards turning your business dreams into reality!

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