Assessing Entrepreneurial Self-Efficacy of Business Curriculum: A Multidimensional Scaling Approach

Entrepreneurial self-efficacy is believed to enhance an individual’s entrepreneurial initiatives. Extant entrepreneurship literature indicates a strong entrepreneurial self-efficacy—intention relationship. One of the key factors aimed at building entrepreneurial self-efficacy is education. Hence, assessing the role of the business program in preparing students with skills and confidence in accomplishing new venture tasks is crucial to business and academic communities in order to ensure that the programs serve their underlying objectives. This study proposes a systematic, quantitative and comprehensive approach—thorough multidimensional scaling technique—to evaluate the extent to which business courses equip students with entrepreneurial self-efficacy. This methodology not only provides an in-depth understanding and evaluation of the curriculum, but also has paved a more comprehensive approach of evaluating the educational program that reflects the stakeholders’ perspectives. It is hoped that the proposed approach become a useful tool for educators and trainers to assess the congruence between expected and actual outcomes.