Postgraduate Course: Entrepreneurship and New Venture Creation (MSc) (CMSE11309)
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 | The course will provide students with a foundational understanding of the concepts and frameworks in entrepreneurship and new venture creation which will be built upon in the programme. |
| Course description |
The objective of the course is to enhance participants' understanding of the role of the entrepreneur in the new venture creation process; develop their capabilities to recognise, assess and articulate new venture opportunities; gain insights into resources required to underpin venture development and growth and how to access these resources for new ad growing ventures. The course also seeks to develop a greater awareness of participants' personal goals, motivations, strengths and limitations in the context of venture creation and growth, particularly in the context of forming new ventures or joining a new young venture. The course provides opportunities for students to learn from each other, from practitioners in the field and from the latest theories/concepts on the topic.
The course will require students to work in groups to create a coherent and viable business concept which will be presented to an external panel in the last week of the class. Whilst the frameworks and concepts learned are applicable in a start-up venture situation, most are as applicable when identifying and developing new activities within a larger organisational setting.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
Course Delivery Information
| Not being delivered |
Learning Outcomes
On completion of this course, the student will be able to:
- Understand and critically evaluate 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 evaluate 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 evaluate critically 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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Reading List
Barringer, BR and Ireland, RD (2010) Entrepreneurship, Successfully Launching a New Venture. 3rd Edition, Pearson.
Burns, P (2011) Entrepreneurship and Small Business, 3rd Edition, Palgrave.
Burns, P (2014) New Venture Creation: A Framework for Entrepreneurial Start-Ups, Palgrave MacMillan. |
Additional Information
| Graduate Attributes and Skills |
After completing this course, students will 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;
-Develop a business plan with others that can guide the start-up process;
-Locate and access materials/data, drawn from multiple sources of information and assess its relevance to the opportunity under consideration.
Transferable Skills
-Work in groups to create a coherent and viable business concept;
-Learn from each other and from practitioners in the field. |
| Keywords | EI-ENVC |
Contacts
| Course organiser | Dr Sarah Cooper
Tel:
Email: |
Course secretary | Ms Samantha Rice
Tel: (0131 6)51 5332
Email: Samantha.Rice@ed.ac.uk |
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