Contestants, who must be currently enrolled in college, are eligible to win an all-expense paid trip to New York City to attend the symposium, and will also receive a gift bag including the Motorola Boost Mobile i875 handset with a built-in MP3 and multi-media capabilities.

Music Biz 101, which runs through March 19, is a nationwide competition developed by Motorola Inc., Live Nation, and Boost Mobile for aspiring music professionals age 18-26.

“The Music Biz 101 competition will provide students with the opportunity to interact directly with music executives to understand what it takes to get to the next level in their music career,” said Lisa Spiritus, Boost Mobile entertainment marketing director-music.

Eligible contestants can enter the contest by visiting http://www.musicbiz101contest.com/.

Entries must include a 500-word essay answering questions on their musical aspirations, and will be judged by Motorola and Live Nation executives.

Twenty-five contest winners will be selected and notified during the week of March 27.

Winners will get an opportunity to interact with music business leaders from various fields, including talent management and representation, talent law, production, technology, labels, and journalism.

Special guests include Vibe Magazine Editor-in-Chief Mimi Valdes, Chief Digital Officer of MTV Networks Jason Hirschhorn, and Lisa Spiritus, entertainment marketing director-music for Boost Mobile, and many more.