Postgraduate Course: The Entrepreneurial Challenge: Creating a New Venture (CMSE11159)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
| SCQF Credits | 15 |
ECTS Credits | 7.5 |
| Summary | Student feedback from the Entrepreneurial Manager Course in 2011 was mixed, with a majority of respondents to feedback questionnaires students preferring a more practical course based on how to create a new business and plan a new business. This new more practical course, focused on how to start a new venture, addresses this need, with the proposed course being run as a core option in Semester 1 for the MSc in Management and MSc in IBEM. The current "Entrepreneurial Manager" course will then be run in Semester 2 instead as an ordinary option. In this way MSc students will have a basic practical grounding on the issues and skills involved in starting a new venture. They can then move on in the second semester to the "Entrepreneurial Manager" which will focus on how to create an entrepreneurial organisations within a large organizational context. |
| Course description |
Be familiar with operational requirements for launching new ventures and likely challenges experienced by entrepreneurs/entrepreneurial teams in bringing products and services to the market;
Know how to determine the financial and human resource needs of different types of venture and understand where and how to access them;
Understand how entrepreneurs develop and build quality into their networks, and how they utilise networks and other forms of assistance to support venture formation and growth;
Have worked in a group/team-based environment to assess critically and develop a business plan for an entrepreneurial opportunity.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | For Business School PG students only, or by special permission of the School. Please contact the course secretary. |
Course Delivery Information
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| Academic year 2015/16, Available to all students (SV1)
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Quota: None |
| Course Start |
Semester 1 |
| Course Start Date |
21/09/2015 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
150
(
Lecture Hours 19,
Seminar/Tutorial Hours 8,
Programme Level Learning and Teaching Hours 3,
Directed Learning and Independent Learning Hours
120 )
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| Assessment (Further Info) |
Written Exam
0 %,
Coursework
80 %,
Practical Exam
20 %
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| Additional Information (Assessment) |
Written assignment 40%
Group feasibility study 30%
Group presentation 20%
Peer assessment 10% of group work |
| Feedback |
All students will be given at least one formative feedback or feed forward event for every course they undertake, provided during the semester in which the course is taken and in time to be useful in the completion of summative work on the course. Such feedback may be at course or programme level, but must include input of relevance to each course in the latter case.
Feedback deadlines
Feedback on formative assessed work will be provided within 15 working days of submission, or in time to be of use in subsequent assessments within the course, whichever is sooner. Summative marks will be returned on a published timetable, which has been made clear to students at the start of the academic year.
Students will gain feedback on their group project progress during class discussions and up to one hour after classes.
Feedback Format:
-Student group project feedback
-Formal presentations to the group
-Group pitch rehearsals and feedback |
| No Exam Information |
Learning Outcomes
On completion of this course, the student will be able to:
- Understand and critically discuss the linkages between entrepreneurship and venture creation, development and growth.
- Understand and critically evaluate the contrasting motivations which entrepreneurs have for creating new ventures and understand how those motivation influence venture development and growth.
- Understand and critically discuss the stages and processes involved in identifying and screening entrepreneurial opportunities and know how to assess a range of possible market opportunities in a structured and systematic way.
- Critically discuss alternative approaches and business models for the exploitation of entrepreneurial opportunities.
- Understand and discuss the key elements in and purpose of a business plan and know what should be included in a business ¿pitch¿ of a new venture opportunity.
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Additional Information
| Graduate Attributes and Skills |
Cognitive Skills
After completing this course, students should be able to:
-Analyse different business situations where entrepreneurial opportunities are present or possible;
-Generate and assess critically new business ideas;
-Assess the resources required to pursue an opportunity;
-Manage or advise on the key elements for creating a new venture;
-Develop a business plan with others that can guide the start-up process and access resources;
-Locate and access materials/data, draw from multiple sources of information and assess its relevance to the opportunity under consideration
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| Keywords | MGMT-ECH |
Contacts
| Course organiser | Dr Omaima Hatem
Tel: (0131 6)50 3815
Email: |
Course secretary | Mr Peter Newcombe
Tel: (0131 6)51 3013
Email: |
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