MGMT342-21S2 (C) Semester Two 2021

Entrepreneurship and New Ventures

15 points

Details:
Start Date: Monday, 19 July 2021
End Date: Sunday, 14 November 2021
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 1 August 2021
  • Without academic penalty (including no fee refund): Friday, 1 October 2021

Description

The main focus of this course is the independent entrepreneur as business founder. The course covers the nature of new business ventures, why many fail, family firms, and how new small businesses are financed. Case studies are used extensively and students must also produce their own business proposal and business plan. This course is highly recommended for those students interested in competing in the Entre $85K Challenge.

This course forms part of the B.Com major in Strategy and Entrepreneurship, and the B.Com minor in Entrepreneurship. It is complemented by MGMT324 International Entrepreneurship and MGMT343 Social Entrepreneurship. Students with a passion for developing their own ventures should consider taking INOV290 and / or participating in the Entré $85K Challenge.

Relationship to other courses
This course forms part of the B.Com major in Strategy and Entrepreneurship, and the B.Com minor in Entrepreneurship. It is complemented by MGMT324 International Entrepreneurship and MGMT343 Social Entrepreneurship. MGMT223 Innovation Management is useful, but not essential, preparation for the course. Students with a passion for developing their own ventures should consider taking BSNS290 and/or participating in the Entré $85K Challenge.

Workload
As a 15-point course, this course represents 150 hours of learning, of which the timetabled classes are but one component. Students will also need to complete the weekly course readings and case analysis, and apply their learning in the individual assignment and group assignment.

The estimated workload breakdown is:
Lectures 24 hours
Case analysis 8 hours
Individual reflections 48 hours
Group Assignment 48 hours
Lecture Preparation 22 hours
Total 150 hours

Learning Outcomes

  • The overarching learning goal for the course is to gain understanding and be able to act within the formation and running of new business ventures.  Specifically:

  • Know how to make sense of the entrepreneurial opportunity landscape;
  • Understand how strategic and entrepreneurial thinking applies in new ventures;
  • Be able to critically evaluate approaches to corporate entrepreneurship;
  • Discuss the merits of different new venture pathways;
  • Appreciate the role of different forms of new venture funding;
  • Understand the components of new venture business plans;
  • Evaluate the financial performance of new ventures;
  • Discuss the factors leading to new venture growth and failure;
  • Appreciate the complexity of running new ventures via role play.

    Graduate Attributes
    The course develops theoretical and applied knowledge related to entrepreneurship and new ventures, and assesses this in the individual assignment, pair assignment and group project.
    1. Students can apply subject specific knowledge and tools to analyse, propose a solution to and/or address a given problem or issue. Innovative approaches and solutions are encouraged.
    The course involves analysing different aspects of a chosen (new) venture case using tools and theory from the course. Creative and innovative recommendations are inherent in the new venture context.
    2. Students can write a report/essay on a problem/issue/situation/scenario that incorporates content at an appropriate level of detail, is logically structured, and is presented professionally using correct English, referencing and appropriate resources.
    These skills are inherent in presenting the individual report and group project report.
    3. Students can engage with local communities and understand the entrepreneurial ecosystem in the region. They also practise the ways of communicating with others.
    The course involves conducting independent interviews with entrepreneurs, which requires student to connect with community partners and learn how to effectively communicate with the public.
     
    Learning Objectives, BCom
    The overarching learning goal for the course is to gain understanding and be able to act within the formation and running of new business ventures. Specifically:
  • Know how to make sense of the entrepreneurial opportunity landscape;
  • Understand how strategic and entrepreneurial thinking applies in new ventures;
  • Be able to critically evaluate approaches to corporate entrepreneurship;
  • Discuss the merits of different new venture pathways;
  • Appreciate the role of different forms of new venture funding;
  • Understand the components of new venture business plans;
  • Evaluate the financial performance of new ventures;
  • Discuss the factors leading to new venture growth and failure;
  • Appreciate the complexity of running new ventures via role play.

    For quality assurance purposes the School is required to hold on record a number of assessment pieces as examples of differing standards of work. If you have any objections to the school holding your assessment for this purpose then email the course coordinator to ensure your assignment is not used for this purpose.
    • University Graduate Attributes

      This course will provide students with an opportunity to develop the Graduate Attributes specified below:

      Critically competent in a core academic discipline of their award

      Students know and can critically evaluate and, where applicable, apply this knowledge to topics/issues within their majoring subject.

      Employable, innovative and enterprising

      Students will develop key skills and attributes sought by employers that can be used in a range of applications.

      Engaged with the community

      Students will have observed and understood a culture within a community by reflecting on their own performance and experiences within that community.

Pre-requisites

(1) ACCT102; and (2) A further 45 points at 200-level or
above

Restrictions

MGMT 321

Timetable 2021

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Monday 14:00 - 16:00 James Logie 104
19 Jul - 29 Aug
13 Sep - 24 Oct

Timetable Note

Lectures may also be recorded using the ECHO360 lecture recording system.

Course Coordinator / Lecturer

Claire Bi

Assessment

Assessment Due Date Percentage  Description
Assessment 1 - 4 individual reflections 40% Week 3, 6, 9 & 12
Assessment 2 - Case Analysis 20% Week 5 & 8
Assessment 3 - 2 group project presentations 20% Week 2 & 11
Assessment 4 - 1 group project report 20% Week 12


Assessment 1: 4 individual reflections
Students need to submit a reflection essay about their learnings every three weeks. The due time for each reflection is 5pm Friday of Week 3, 6, 9 & 12. Each reflection is worth 10% of the final grade and should be about 900 - 1,000 words excluding reference.

Assessment 2: 2 case analysis
Students need to analyse two cases assigned by the course coordinator. Each case analysis report is worth 10% of the final grade. Each analysis report should be about 900 – 1,000 words excluding reference. They are due at 5pm Friday of Week 5 and Week 8.

Assessment 3: 2 group presentations
Students need to work on a project-based group assignment. Each group should have about 3-4 group members. The group needs to present at Week 2 and Week 11 for their project proposal and conclusions respectively. The first presentation should be within 5 minutes and the second presentation should be within 10 minutes. Each presentation is worth 10% of the final grades.

Assessment 4: 1 group project report
Students need to submit a written report for their group project at Week 12, which should be around 3,000 – 4,000 words. The group project report is worth 20% of the final grades.

Expectations for this Course
Treat staff and guest speakers with respect. Your input and participation are important and appreciated. Please come to class prepared for an interesting discussion. Our discussions are much more interesting if everyone participates.

Students with Disabilities
Students with disabilities should speak with someone at Disability Support Services if they need additional support to undertake this course.

Textbooks / Resources

Recommended Reading

Kuratko, Donald F; Entrepreneurship : theory, process, practice; Eleventh edition; Cengage Learning, 2018.

Learning resources posted on LEARN.

Notes

Class Representative
A class representative may be asked to volunteer in the first few weeks of class. Any problems with the course can be raised with the class rep. Their email can be found at UCSA. The class representative will take up any issues raised by class members with the lecturer concerned as they occur.

Departmental Academic Policies
The Department assumes that you have read this document.

You should also read the General Course and Examination Regulations

Dishonest Practice
The University of Canterbury considers cheating and plagiarism to be serious acts of dishonesty.  All assessed work must be your own individual work unless specifically stated otherwise in the assessment guidelines. Material quoted from any other source must be clearly acknowledged. You must not copy the work of another person (student or published work) in any assessment including examinations, tests and assignments. Any person, who is found to have copied someone else's work, or to have allowed their work to be copied, will receive a fail grade for that piece of assessment and may face disciplinary action which may lead to a fine, community service or exclusion from the university.

IMPORTANT: Where there are concerns regarding the authorship of written course work, a student can be required to provide a formal, oral explanation of the content of their work.

Citations and referencing

Indicative Fees

Domestic fee $831.00

International fee $3,875.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Management, Marketing and Entrepreneurship.

All MGMT342 Occurrences

  • MGMT342-21S2 (C) Semester Two 2021