mgt5lev leveraging entrepreneurial ventures

LEVERAGING ENTREPRENEURIAL VENTURES

MGT5LEV

2017

Credit points: 15

Subject outline

This subject is a Capstone offering in the Master of Management (Entrepreneurship + Innovation), complimenting MGT5MIO, IBU5COV and MGT5EBP. You will explore and provide synthesis between theoretical underpinnings and practical applications in startups and/or entrepreneurial ventures on contemporary issues of design thinking, lean-startup and business model canvas principles. Upon completion of this subject, you should to be able to critically evaluate entrepreneurship validation tools. A distinct theory-for-practice-sake perspective is provided whereby you will apply these tools in startups and ventures of your choice.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorAlex Maritz

Available to Study Abroad StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisites MGT5EBP, MGT5MIO, IBU5COV

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditions Core: LMMEI

Graduate capabilities & intended learning outcomes

01. Develop advanced knowledge in entrepreneurial ventures through education and research which is entrepreneurial, innovative, responsible and engaged, and which can be applied in a range of entrepreneurial and practice contexts

Activities:: Write a start-up venture plan based on validated entrepreneurship tools
Related graduate capabilities and elements:: Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy); Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour); Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

02. Critically reflect upon and analyse complex entrepreneurship opportunities using contemporary entrepreneurship validation tools

Activities:: Presentation about a successful recent entrepreneurial venture that has been launched using design thinking principles
Related graduate capabilities and elements:: Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy); Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy); Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research); Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)

03. Use complex-problem solving techniques to critically review entrepreneurship opportunities from a range of stakeholder perspectives

Activities:: Write a venture development plan that succinctly discusses the financial, marketing and organizational parts of the business venture to be launched
Related graduate capabilities and elements:: Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy); Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy); Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)

04. Gather, critically review and use information to meet entrepreneurship and practice outcomes through design thinking, product design, lean-startup and business model design techniques

Activities:: Present the application of lean startup principles in new venture creation
Related graduate capabilities and elements:: Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy); Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy); Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research); Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research); Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

05. Effectively formulate personal opinions and integrate the opinions of others into cogent entrepreneurship and startup arguments

Activities:: Write and present a business model canvas upon reflection of learning from entrepreneurs.
Related graduate capabilities and elements:: Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy); Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy); Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research); Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)

Subject options

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City Campus, 2017, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorAlex Maritz

Class requirements

SeminarWeek: 31 - 43
Four 7.0 hours seminar per study period on weekdays at night from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment element	Comments	%	ILO*
Individual design thinking report and short video (2000 words equivalent)	This assessment will report on the Graduate Capabilities of Writing and Ethical Behaviour	30	01, 03, 05
One, group report and presentation on The Lean Start-up methodology (500 words per student)	This assessment will report on the Graduate Capabilities of Creative problem solving, Speaking, Teamwork and leadership and Discipline specific skills	30	01, 02, 03, 04
Individual business model canvas start-up plan and short video (2000 words equivalent)	This assessment will report on the Graduate Capabilities of Graduate Capabilities of Quantitative literacy, Critical thinking, Inquiry/research	40	02, 03, 04, 05

Online, 2017, Online StudyPeriod 2, Online