My favorite entrepreneur-turned-academician, Jeff Sandefer, one of the founders of the Austin Texas based Acton MBA that offers a degree in entrepreneurship, actually teaches students how to bargain, cut deals, make cold calls, and the like.

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Private institutions are a bit further ahead with actual MBA classes on entrepreneurship.

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Last Spring, I met with the Dean of a Top 10 MBA program who told me all this noise about entrepreneurship was just that: noise.

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