Module Information
Course Delivery
Assessment
| Assessment Type | Assessment length / details | Proportion |
|---|---|---|
| Semester Assessment | Attendance and Participation | 20% |
| Semester Assessment | Draft Business Plan | 50% |
| Semester Assessment | Dragon's Den Presentation | 30% |
| Supplementary Assessment | Retake or resit failed components | 100% |
Learning Outcomes
On successful completion of this module students should be able to:
1. Critically evaluate the entrepreneurship process
2. Understand the development of a business plan and apply this to their own research area.
3. Demonstrate communication skills, in writing and in other, to translate complex research ideas to a more general audience, (eg potential funders in this case).
Brief description
This module will equip PGR students with knowledge about entrepreneurship, most likely related to their own research project. The module will develop a set of generic skills (eg. proposal writing) and apply these to entrepreneurship developments. The module covers theory and practical aspects.
Aims
This module is part of the Vitae identified generic research training provision for PGR students. Vitae (vitae.ac.uk) is supporting the professional development of researchers, and closely linked to RCUK. Part of Vitae’s recommendation is to develop Entrepreneurship for PGR students, and this module is providing such training.
Content
The module will look at:
• Ideas Generation for a new business or social enterprise
• Business Planning
• Financial Forecasting and Financial Control
• Market Research
• Marketing and selling of products and services
• Intellectual Property Rights
• Business Types
• Attitude towards Risk
• Attributes of Entrepreneurs
• Funding a start-up business
• Start-up support from the University (and beyond)
Module Skills
| Skills Type | Skills details |
|---|---|
| Application of Number | Financial Forecasts and reports as part of Business Planning – Cashflows/P&L/Balance sheets |
| Communication | Written communication – Business Plan Verbal, Presentation Skills |
| Improving own Learning and Performance | Yes |
| Information Technology | Use of IT in researching markets; producing plan and presenting |
| Personal Development and Career planning | This module can be used to develop a student’s real business idea |
| Problem solving | The module offers students the opportunity to develop a plan for a new business venture…..thinking through the logistics of setting up a new business or social enterprise |
| Research skills | Market Research – customers, competitor analysis, suppliers |
| Subject Specific Skills | Raising start-up finance, pitching an idea, writing a business plan, etc. |
| Team work | Students have the opportunity of undertaking the planning and presentation in teams, or individually |
Notes
This module is at CQFW Level 7