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Engineering Entrepreneurship (ENGR90026)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 2
Professor Michael Vitale
Overview
Availability(Quotas apply) | Semester 2 |
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Fees | Look up fees |
AIMS
The aim of this subject is to examine the nature of entrepreneurial behaviour and its role in both small and large organisations within an engineering context. By developing their own enterprise proposal within small groups, students will learn various processes by which successful new ventures are created.
This subject is available as an elective in many of the Melbourne School of Engineering's Masters programs. It is designed to introduce participants to their potential as technical entrepreneurs.
INDICATIVE CONTENT
Business planning, financial management, sources of finance, creativity, innovation, entrepreneurial behaviour, successful technical entrepreneurs.
Intended learning outcomes
INTENDED LEARNING OUTCOMES (ILO)
On completion of this subject the student is expected to:
- Describe and discuss the theoretical frameworks and concepts which have been developed to explain entrepreneurial behaviour
- Identify the characteristics of entrepreneurial people who operate in small and large organisations
- Use various techniques for creating business opportunities
- Prepare and present a business model for a new venture
- Discuss the sources of finance for new ventures and the ways financiers and large corporations evaluate proposals for new ventures, and be able to sell the business concept to potential funding sources
- Describe how to work on the business and not just in the business and thus become value creators.
Generic skills
- Awareness of the fundamentals of business planning and financial management
- Capacity for creativity and innovation
- Ability to use a systems approach to solve complex problems
- Ability to communicate effectively, with the engineering team and with the community at large
- Ability to manage information and documentation
- Ability to function effectively as an individual and in multidisciplinary and multicultural teams
- Capacity for lifelong learning and professional development.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
100 points of study or equivalent advanced standing within the MC-ENG Master of Engineering
Corequisites
None
Non-allowed subjects
None
Recommended background knowledge
Skills in teamwork, report writing, oral presentation, project management and creative problem solving
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- Participation and learning journal (20%); time commitment of approximately 25-30 hours (2,000 words; due weekly throughout the semester; individual submission). Intended Learning Outcomes (ILOs) 1 to 6 will be addressed by participation and the learning journal
- Final group video (20%); time commitment of approximately 25-30 hours (due week 12; group submission). This will address ILOs 1 and 4.
- Proposal for a start-up enterprise (60%); time commitment of approximately 75-80 hours per student (5,000 words; due week 12; group submission). ILOs 1, 2, 4 and 6 will be addressed by the proposal.
Last updated: 3 November 2022
Quotas apply to this subject
Dates & times
- Semester 2
Principal coordinator Michael Vitale Mode of delivery On Campus (Parkville) Contact hours Total 36 hours (1 x 3 hour workshop per week) Total time commitment 200 hours Teaching period 24 July 2017 to 22 October 2017 Last self-enrol date 4 August 2017 Census date 31 August 2017 Last date to withdraw without fail 22 September 2017 Assessment period ends 17 November 2017 Semester 2 contact information
Professor Michael Vitale
Time commitment details
200 hours
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
Scaling Lean by Ash Maurya (Portfolio/Penguin 2016, ISBN 97811019890521)
Recommended texts and other resources
The Startup Owner’s Manual by Steve Blank and Bob Dorf, 2012, K&S Ranch Inc Publishers, ISBN 978-0-9849993-0-9
Business Model Generation by Alexander Osterwalder and Yves Pigneur, 2010, Wiley, ISBN 978-0470-87641-1
The Lean Startup by Eric Ries, Crown Business 2011, ISBN 978-0-307-88789-4Running Lean by Ash Maurya, Orielly Media Second Edition 2012, ISBN 978-1-449-30517-8
- Subject notes
LEARNING AND TEACHING METHODS
Learning will take place through a series of interactive workshops with the workshop leader as well as outside speakers.
INDICATIVE KEY LEARNING RESOURCES
A reading pack will be made available to enrolled students ahead of the semester. Additional reading material will be available throughout the semester.
CAREERS / INDUSTRY LINKS
Successful engineering entrepreneurs will give guest presentations during the subject. Students successfully completing the subject will be able to use the skills they have gained to take their ideas further, whether in a startup or in an established organisation.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Doctor of Philosophy - Engineering Course Master of Engineering Management Course Master of Philosophy - Engineering Course Ph.D.- Engineering Informal specialisation Master of Engineering (Chemical) Informal specialisation Master of Engineering (Biochemical) Informal specialisation Master of Engineering (Mechanical) Informal specialisation Master of Engineering (Civil) Informal specialisation Master of Engineering (Software) Informal specialisation Master of Engineering (Mechanical with Business) Specialisation (formal) Software Specialisation (formal) Mechanical Specialisation (formal) Mechanical with Business Specialisation (formal) Biochemical Specialisation (formal) Chemical Specialisation (formal) Civil
Last updated: 3 November 2022