Programme/Approved Electives for 2020/21
Available as a Free Standing Elective
In this module, students will gain first hand experience of initiating, setting up and managing a new business venture. The module is ultimately designed to improve student employability and to widen career choice. Emphasis is placed upon the development of business skills, occupational awareness of new venture start up, self employment and the small business sector.In teams, students will endeavour to discuss, plan and share ideas about managing an enterprise effectively within relevant legislation and regulations, involving the development of systems and procedures for operating the enterprise and their implementation in practice. Individually, students shall identify and evaluate their own skill development and learning in relation to set criteria.In addition, to formal lectures and seminars facilitated by academic members of staff, advice and support will be available from external business advisors.
This module aims to introduce both theoretical and practical concepts of entrepreneurship and new firm formation. It provides an overview of the intellectual, physical and emotional demands associated with starting a new business. The module is intended to give a rigorous and honest insight into the realities of entrepreneurial activity and an understanding of the role small and medium-sized businesses play in a modern economy; this may be via the creation of a new independent firm or the organisation of a new enterprise within an existing firm.
Intended Learning Outcomes
work independently, deploying judgement in the appropriate choice of business, process and market: 1,critically examine the fundamental aspects of business start-up in various contexts: 1,critically appraise and evaluate the construction and use of business planning: 1,demonstrate an understanding of the key elements of the business planning process: 1,construct and effectively communicate the business idea and business model: 1,
16 hours lectures and workshop-style tutorials8 hours small-group consultation opportunity and feedback with appointed mentor/module leader or workshops as required126 hours project based independent study including independent group preparation activity
1: Group Report weighted 90%
Description of Module Assessment
New business plan of 4000-5000 wordsStudents will endeavour to originate and plan an enterprise effectively within relevant legislation and regulations, involving the development of systems and procedures for operating the enterprise and their implementation in practice.
Marks will be provided for the group report but individual marks will be calculated with an element of peer review.2: Reflective Analysis weighted 10%
1000 word Critical Appraisal Individually, students shall identify and evaluate their own skill development and learning. 1000-word reflective piece.