EFEB
Potomac’s Economics, Finance, Entrepreneurship, & Business Concentration (EFEB)The Economics, Finance, Entrepreneurship, and Business concentration is designed to provide interested students an opportunity to deepen their knowledge and understanding of economic and business issues through coursework, individual research, and/or hands-on experience. Rising juniors with a demonstrated interest in and a passion for exploring business through the lens of economics and entrepreneurship can enroll using an expression of interest form.
Students enrolled in EFEB take a minimum of three semester electives, at least one of which must be taken junior year.
Course list:
|
|
|
|
|
|
|
|
|
|
|
|
In addition to coursework completed during the school year, EFEB students undertake four weeks of summer work following junior year. They have two options:
1) a research project with a designated mentor; or
2) an approved practicum involving (a) a business internship, (b) work experience, or (c) volunteer work.
The culmination of their participation in EFEB is a Senior Capstone Project, which is completed during May of senior year and which relates to the themes explored in EFEB coursework and/or summer experience. Students present their capstone project at a showcase exhibition with invited guests in early June.
IT'S A CROSSOVER!
What do sharks, incubators, seed money, and design thinking have in common? They can all be found on Potomac’s campus in the popular Upper School elective Entrepreneurship and Innovation! The interdisciplinary, inquiry-based class is taught by Director of Public Speaking Harry Strong and Director of Technology and Innovation Sean Developing an Entrepreneurial Spirit Moran, who introduce the students to the fundamentals of design thinking, project management, financial modeling, prototyping, and marketing.
The Economics, Finance, Entrepreneurship, and Business (EFEB) Concentration hosted its final speaker of the school year with a visit by Potomac Trustee and parent, Nitin Goyal. Dr. Goyal is an Adult Hip & Knee Reconstructive Surgeon, a medical technology executive, and a serial healthcare entrepreneur. Most recently, he held the role of Chief Science, Technology, and Innovation Officer at Zimmer Biomet. In his talk entitled "Innovation by Irritation," Dr. Goyal spoke about how his clinical research caused him to question how post-operative, outpatient care is managed, leading him to create a digital care management platform. He emphasized the importance of understanding trends in your space to identify opportunities, which he would again do with the creation of a medical device in partnership with an MIT professor, to support surgeons. Dr. Goyal emphasized the importance of core values - including courage, humility, and perseverance- and shared how these values have been important guideposts for him throughout his journey.
The Economics, Finance, Entrepreneurship, and Business (EFEB) Concentration hosted its fourth speaker of the school year with a visit by Potomac parent, Reggie Aggarwal. Mr. Aggarwal is the CEO and Founder of Cvent, a leading meetings and events software company based in McLean, VA. In his talk entitled "The 7 lessons I learned from being an entrepreneur," Mr. Aggarwal spoke about his journey from corporate lawyer to entrepreneur. He shared how challenges and even failures can be a valuable part of a journey toward success. Among the lessons Mr. Aggarwal learned as an entrepreneur that he shared with students includes, the importance of finding and solving a pain point and building a team of like-minded people. He spoke about creativity as the top leadership competency of the future and called upon students to be an intrapreneur and double down on their strengths.
The Economics, Finance, Entrepreneurship, and Business (EFEB) Concentration hosted its third speaker of the school year with a visit by Potomac parent and Trustee Emeritus, Michael Davis. Mr. Davis is the Head of Global Retirement Strategy at T. Rowe Price Inc. In his talk entitled "The business of retirement and why you should start thinking about it now," Mr. Davis engaged the students in building a retirement word cloud. He described retirement as having enough passive income to live without active effort and the group discussed sources of active and passive income. Mr. Davis described the nature of the $170 trillion retirement industry in the United States, the top pension markets internationally, and described various career paths within retirement. Mr. Davis offered three lessons when planning for retirement - start early, save with intention, and make good life choices.