Postgraduate Course: Entrepreneurship and New Venture Creation in Context (CMSE11540)
Course Outline
| School | Business School |
College | College of Arts, Humanities and Social Sciences |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | The course provides a research-led, practice-orientated understanding of new venture creation. It is research-led because participants are expected to engage actively with the academic evidence base on entrepreneurship and entrepreneurial processes and outcomes. It is practice-orientated because participants are expected to develop a start-up idea, develop this into a business idea and assess its feasibility and desirability. The aim, therefore, is that participants have a greater understanding of start-up and growth and a practical set of tools to assess a business idea. |
| Course description |
This course is taught alongside its sister course, Entrepreneurial Finance. Both courses make use of lectures, workshops, case studies and guest speakers to help students to develop an awareness of, and competency, in start-up contexts. In terms of New Venture Creation in Context, the sessions aim to develop student's understanding of topics including the fundamentals of entrepreneurship, purpose-driven entrepreneurship, team development, problem generation for business ideas, start-up planning approaches, detailing and scaling a business idea and evaluating the feasibility and desirability of the potential entrepreneurial opportunity.
Student experience:
This course is oriented around a group venture creation project in which students develop a pitch and a plan to assess the feasibility and desirability of their chosen business. The topics discussed in the class will be applied through the process of working on assessments that include an individual academic essay, a group pitch and a plan. The group's business idea will form a basis for the individual financial plan in the sister course, Entrepreneurial Finance.
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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
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| Academic year 2024/25, Not available to visiting students (SS1)
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Quota: None |
| Course Start |
Semester 1 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
200
(
Lecture Hours 14,
Seminar/Tutorial Hours 10.5,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
171 )
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| Assessment (Further Info) |
Written Exam
0 %,
Coursework
100 %,
Practical Exam
0 %
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| Additional Information (Assessment) |
40% coursework (Individual) - Assesses course Learning Outcomes 1, 2
60% coursework (Group) - Assesses course Learning Outcomes 3, 4, 5 |
| Feedback |
Formative: Feedback will be provided throughout the course.
Summative: Feedback will be provided on the assessment within agreed deadlines. |
| No Exam Information |
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, including the motivations which entrepreneurs have for creating new ventures
- Critically discuss alternative approaches and business models for the exploitation of entrepreneurial opportunities
- Analyse different business situations where entrepreneurial opportunities are present or possible, taking into consideration the resources required to pursue an opportunity
- Understand and evaluate critically the key elements and purpose of a business plan
- Work with others to develop a business plan for a viable business concept which can guide the start-up process
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Reading List
| Greene, Francis J. Entrepreneurship theory and practice. Bloomsbury Publishing, 2020. |
Additional Information
| Graduate Attributes and Skills |
Knowledge and Understanding
After completing this course, students should be able to:
Demonstrate a thorough knowledge and understanding of contemporary organisational disciplines; comprehend the role of business within the contemporary world; and critically evaluate and synthesise primary and secondary research and sources of evidence in order to make, and present, well informed and transparent organisation-related decisions, which have a positive global impact.
Practice: Applied Knowledge, Skills and Understanding
After completing this course, students should be able to:
Apply creative, innovative, entrepreneurial, sustainable and responsible business solutions to address social, economic and environmental global challenges.
Communication, ICT, and Numeracy Skills
After completing this course, students should be able to:
Convey meaning and message through a wide range of communication tools, including digital technology and social media; to understand how to use these tools to communicate in ways that sustain positive and responsible relationships.
Critically evaluate and present digital and other sources, research methods, data and information; discern their limitations, accuracy, validity, reliability and suitability; and apply responsibly in a wide variety of organisational contexts.
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| Keywords | Not entered |
Contacts
| Course organiser | Prof Francis Greene
Tel: (0131 6)50 3798
Email: Francis.Greene@ed.ac.uk |
Course secretary | Miss Lauren Dunn
Tel: (01316) 513758
Email: ldunn2@ed.ac.uk |
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