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ESC-20065 - Module Specification
School of Geography, Geology and the Environment
Faculty of Natural Sciences

For academic year: 2022/23 Last Updated: 14 February 2023

ESC-20065 - Entrepreneurship Level 5
Coordinator: Sharon George Room: WSF13A Tel: +44 1782 7 33986
Lecture Time: See Timetable...
Level: Level 5
Credits: 15
Study Hours: 150
School Office: 01782 733615

Programme/Approved Electives for 2022/23

None

Available as a Free Standing Elective

Yes

Co-requisites

None

Prerequisites

None

Barred Combinations

Students who have taken the Foundation Level module (ESC-00007 -Entrepreneurship Level 3) or the FHEQ Level-4 version of the module (ESC-10056 Entrepreneurship Level 4).

Description for 2022/23

Entrepreneurship is a widely-used but little understood concept, often equated with new and innovative business ventures. It is often touted as the panacea for economic growth and development and a source of new jobs and new ideas. However, entrepreneurs also require a sound knowledge of how to set up a company and promote their business.
This module aims to introduce you to the concept of entrepreneurship and new venture start-up and its role in economic and business development in particular. This will enable you to appreciate the skills required to create or begin a new business venture and equip you with relevant employability skills. Students will be arranged into teams at the start of the module and will carry out an assessed skills-based project to develop an entrepreneurial business activity, including preparing a detailed business plan and presenting the venture to staff experienced in business development as a viable investment proposition.

Aims
This module aims to introduce students to the concept of the entrepreneur, the processes in new venture development and the role and importance of entrepreneurship and innovation in economic progress. This will enable them to appreciate and develop skills required to create or begin a new business venture and equip them with relevant and transferable employability skills.


Intended Learning Outcomes

critically discuss the nature and characteristics of the entrepreneur and the economic and social role of entrepreneurship in the contemporary economy; will be achieved by assessments: 1
recognise and use the skills, resources and knowledge necessary to plan and develop a new business venture; will be achieved by assessments: 1,2,3
identify and quantify risks and address the conditions that restrict the development of new business ventures in a business plan; will be achieved by assessments: 1,2,3
describe and explain the various roles of the private and public sectors in stimulating entrepreneurship and business development; will be achieved by assessments: 1,2,3
effectively communicate the planned business venture orally and visually to a specialist and non specialist audience via a structured group presentation and in written form; will be achieved by assessments: 2,3
reflect on the skills and attributes required to become an entrepreneur. will be achieved by assessments: 1

Study hours

Scheduled Learning and Teaching Activity:
Core lectures including assessed group presentation: 12 hours
Plenary lectures by invited speakers: 2 hours
Business development support tutorials: 12 hours
Guided Independent Study:
Set background reading and lecture preparation: 20 hours
Essay preparation and writing: 16 hours
Independent research into business idea, business plan preparation and group presentation preparation: 88 hours


School Rules

None

Description of Module Assessment

1: Essay weighted 50%
2,000 word reflective essay
Students will write an essay on the concept of entrepreneurship and the entrepreneur and will be required to reflect on whether they possess the required attributes and skills to be an entrepreneur.

2: Group Presentation weighted 10%
Group presentation of a potential business venture to a panel of assessors
In a 15 minute presentation students, in groups of no more than 6 members, will present their business idea as an investment proposition. This will be followed by 5 minutes of questions by the assessor on the viability of the venture. Group members have specific roles agreed within the team (e.g. managing director, marketing director etc.)

3: Group Report weighted 40%
Full business plan with separate sections authored by individual team members
Teams of no more than 6 students will submit a full 3,000 word business plan with sections authored by individual team members. Plans will be on the same business idea as the Group Presentation. In addition, plans will include a one page "Description of Participation" from each group member outlining the nature and extent of individual contribution. These descriptions will be excluded from the 3,000 word count.

Please note that for the 2022/23 Academic Year programmes may be adapted to operate in accordance with a flexible, digital approach. This means that there may be some changes made to how modules are delivered and assessed. The latest information will be provided to you by your School in module handbooks. We endeavour to give you as much notice as possible of any changes and details about the circumstance in which changes are made to programmes can be found in the Student Agreement, available at: https://www.keele.ac.uk/student-terms-and-conditions/

Last Updated: 14 February 2023