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MN50477: Entrepreneurship and innovation

[Page last updated: 23 August 2022]

Academic Year: 2022/23
Owning Department/School: School of Management
Credits: 6 [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Masters UG & PG (FHEQ level 7)
Period:
Semester 2
Assessment Summary: CW 100%
Assessment Detail:
  • Coursework 1 (CW 30%)
  • Coursework 2 (CW 70%)
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Requisites:
Learning Outcomes: At the end of the unit, students will be able to:
* Demonstrate a conceptual understanding of entrepreneurship and the entrepreneurial process
* Identify the sources of entrepreneurial opportunity
* Demonstrate a practical understanding of how to assess the feasibility of a new venture and develop an identified opportunity into a viable business proposition.
* Appreciate the role of entrepreneurship and the challenges entrepreneurs encounter in developing a new venture in presence of uncertainty
* Evaluate the potential of new venture growth strategies.

Aims: This unit aims to develop a comprehensive and in-depth understanding of entrepreneurship theory and practice. This course will allow students to develop the skill set necessary to exploit business opportunities and develop a new venture.

Skills: Intellectual skills:
* Thinking creatively
* Critically evaluating business opportunities
Practical skills:
* Recognising opportunities
* Identifying the elements of a business model
* Demonstrating effective oral and written communication skills
Transferable skills:
* Analytical ability to research and Identify business opportunities.

Content: Entrepreneurial process, Idea generation and opportunity identification, Feasibility analysis, Innovation, Business model, Entrepreneurial finance, Growth strategies.

Programme availability:

MN50477 is Optional on the following programmes:

School of Management

Notes:

  • This unit catalogue is applicable for the 2022/23 academic year only. Students continuing their studies into 2023/24 and beyond should not assume that this unit will be available in future years in the format displayed here for 2022/23.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.