MWM020-Entrepreneurship

Module Provider: Leadership, Organisations and Behaviour
Number of credits: 20 [10 ECTS credits]
Level:7
Terms in which taught: Spring term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2018/9

Module Convenor: Prof Andrew Godley

Email: a.c.godley@henley.ac.uk

Type of module:

Summary module description:

This module aims to develop entrepreneurial skills. Students will develop and test their own business ideas with the aim of launching their businesses by the end of the programme.


Aims:

This module is designed to equip you with:




  • Entrepreneurial skills including business model design, idea validation, start-up finance, team building, creativity and presentation skills

  • Knowledge of acquiring key resources to make your ideas a reality incl. finance, human resources and networks

  • Experience of how to launch your own business.


Assessable learning outcomes:

By the end of the module it is expected that students should be able to:




  • Design and test new venture opportunities using design thinking and lean start-up methodologies

  • Develop and communicate innovative business models using the business model canvas

  • Estimate (financial) resource needs and appraise and develop strategies to acquire resources needed

  • Critically reflect on their businesses and their entrepreneurial learning


Additional outcomes:

The module is an opportunity for programme members to develop their entrepreneurial and creative skills and to work (individually and in groups) to start a business.


Outline content:

The key topics covered in this module are:




  • Entrepreneurial mind-set and Entrepreneurial opportunity

  • The Business Model Canvas

  • Ideation and design thinking.

  • Estimating resource needs and developing financial plans

  • Sources of finance for entrepreneurs (crowd-funding, Angel and VCs, etc.)

  • Lean start-ups and validation

  • IDEAFEST Competition preparation and entry

  • External competition preparation and entry

  • Reflecting on your own entrepreneurial motivations


Brief description of teaching and learning methods:

The module uses a blended-learning approach, incorporating self-study, face-to-face workshop(s), guest lectures and online tutor support. Key module content will be delivered in 2.5 one-day (7-hour) workshops. These workshops comprise a mixture of content delivery, discussion in class and break-out into group sessions. Additional module content will be delivered through drop-in clinics, attendance at Henley Centre for Entrepreneurship and Henley Business Angels events, through the process of submitting business ideas to new business idea competitions (including IDEAFEST), fieldwork visits to resident start-ups at the Eagle Labs Incubator and to the Innovation Catalyst Accelerator (Thames Valley Science Park).


Contact hours:
  Autumn Spring Summer
Practicals classes and workshops 17.5
Supervised time in studio/workshop 7
Fieldwork 7
Work-based learning 7
Guided independent study 161.5
       
Total hours by term 200.00
       
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Project output other than dissertation 70
Practical skills assessment 30

Summative assessment- Examinations:
N/A

Summative assessment- Coursework and in-class tests:

One, 2,000 word, individual written reflective learning log (contributing 70% of the total module mark). One new business idea submission first to the IDEAFEST competition (20%) and then, in a revised form, to an external business idea competition (10%). Submission dates: range from end of Spring term and Easter closure (week 32) to (for the external competition) before the end of May. Further details will be provided in the module assessment brief.


Formative assessment methods:

Team and individual work will provide opportunities to improve performance and start up business (e.g. through feedback provided, group work and brainstorming sessions) but does not contribute towards the overall module mark. Students will attend the Henley Centre for Entrepreneurship drop-in clinics and receive feedback on their business ideas. The Henley Centre for Entrepreneurship provides mentors, who may provide additional formative feedback to students.


Penalties for late submission:

Penalties for late submission on this module are in accordance with the standard University policy. 


Assessment requirements for a pass:

A minimum mark of 50% is required for a University pass.


Reassessment arrangements:

Reassessment by individual assignment (capped at 50%). Date of resubmission to be advised by Programme Admin.


Additional Costs (specified where applicable):

1) Required text books: 2) Specialist equipment or materials: 3) Specialist clothing, footwear or headgear: 4) Printing and binding: 5) Computers and devices with a particular specification: 6) Travel, accommodation and subsistence: £10.  Two return bus fairs to TVSP.


Last updated: 28 June 2018

THE INFORMATION CONTAINED IN THIS MODULE DESCRIPTION DOES NOT FORM ANY PART OF A STUDENT'S CONTRACT.

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