Programme/Approved Electives for 2024/25
None
Available as a Free Standing Elective
No
Aims
This module is designed to provide participants with a critical understanding of the different steps that a new venture takes from developing an initial business idea to creating a business plan and as a link to securing funding. The module will enable participants to understand theories of enterprise and entrepreneurship and enable them to relate such theories to practice through a project to develop market research using Canvas and Lean Start-up methodologies for actual emerging business before applying the research further on an individual basis to develop a business plan.
Intended Learning Outcomes
Critically discuss the role of business planning and planning tools in the start-up process: 1Evidence key elements and tools involved in developing and taking a product or service to market, including articulating the value proposition and creating a business model: 2Appraise and deploy a variety of techniques and tools to present a product/service and business proposition to different relevant actors including end-users; personal, corporate and governmental customers; potential collaborators; and investors: 2,3
24 hours lecture and seminars126 hours of research and assignment preparation
Description of Module Assessment
1: Essay weighted 25%Essay800 -word critical essay on the role and purpose of business planning to include relevant theoretical positions and frameworks.
2: Portfolio weighted 60%PortfolioThe portfolio will be based on market research and evidence collected in support of the business plan and will be submitted as a single document with references and appendices
2000 words
3: Presentation weighted 15%Business idea pitchThis assignment will be a pitch to a potential investor or stakeholder of their business idea. The pitch will be in class or a video recording
3 minutes