Venture in Action
Duration
- One Semester or equivalent
Contact hours
- 36 hours
2021 teaching periods
Hawthorn
Higher Ed. Semester 1 | Higher Ed. Semester 1 | |
---|---|---|
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Higher Ed. Semester 2 | Higher Ed. Semester 2 | |
---|---|---|
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Prerequisites
100 Credit Points
and
Enrolment in Master of Entrepreneurship and Innovation or Master of Business Administration (Executive)/ Master of Entrepreneurship and Innovation double degree
Corequisites
Nil
Anti-requisites :
Completion of a unit that is similar in content or the content overlaps with another unit.
Aims and objectives
This unit concentrates on developing students' understanding of their own ability to lead, manage and launch an enterprise as it moves through stages of growth. This is a capstone style unit where students go through the experience of getting a venture to market and beyond. In groups, the students will start a business and generate market traction. This unit aims to enable students to execute on their innovative business idea in the market taking into consideration a strategic exit.
Students who successfully complete this unit will be able to:
1) Apply coherent, advanced and integrated knowledge of entrepreneurship skills, techniques and processes applicable to the latest theoretical and practice based underpinnings of entrepreneurship and innovation.
2) Apply the models and frameworks of entrepreneurial growth venture evaluation.
3) Critically evaluate innovative new venture funding options.
4) Critically analyse exit and harvest strategies appropriate to contextual situations.
Unit information in detail
- Teaching methods, assessment and content.
Teaching methods
Block Mode:
This unit will be delivered in block or intensive mode. Block mode may consist of blended, intensive and immersive teaching, which can include full day teaching and weekend teaching requirements.
Student workload:
This includes all:
• Scheduled teaching and learning events and activities (contact hours timetabled in a face-to-face teaching space) and scheduled online learning events (contact hours scheduled in an online teaching space), and
• Non-scheduled learning events and activities (including directed online learning activities, assessments, independent study, student group meetings, and research)
To be successful, students should:
• Attend and engage in all scheduled classes (face to face or online)
• Start assessment tasks well ahead of the due date, and submit assessments promptly
• Read / listen to all feedback carefully, and consider it for future assessment
• Engage with fellow students and teaching staff (don’t hesitate to ask questions)
Assessment
1. Report and Presentation (Group) 30-50%
2. Assignment 1 (Individual) 25-35%
3. Assignment 2 (Individual) 25-35%
Content
• Executing innovative business ideas
• Designing of new product or new service
• Creating and executing experiments to test the viability of your venture
• Creating a launch plan to support the viability of your venture in the marketplace
• Evaluating different exit strategies (sale, liquidation)
• Pitching your startup to investors
• Designing of new product or new service
• Creating and executing experiments to test the viability of your venture
• Creating a launch plan to support the viability of your venture in the marketplace
• Evaluating different exit strategies (sale, liquidation)
• Pitching your startup to investors
Study resources
- Reading materials.
Reading materials
Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading