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New Venture Creation: Initiation (MGMT90230)
Graduate courseworkPoints: 12.5On Campus (Parkville)
Overview
| Availability | Semester 1 |
|---|---|
| Fees | Look up fees |
The purpose of this subject is to lay the foundations of launching a viable entrepreneurial venture based on modern entrepreneurship theory and practice. The subject includes the provision of tools and methods to assist in market ideation and opportunity identification. First, all students learn ideation and opportunity identification through case studies. Next, students will translate their ideas into an initial proposal and develop testable entrepreneurial hypotheses. While doing so, students will recapitulate learnings from Prerequisites. At the end of the subject term, students will produce a pitch document and give a presentation.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Create a usable entrepreneur venture concept
- Analyse business environment to create and refine business models
- Critically apply and evaluate lean start-up and design thinking methodologies
- Demonstrate team collaboration skills in the generation of an entrepreneurial product
- Demonstrate skills in pitching entrepreneurial ideas to the investor community
Generic skills
High level of development:
- Develop problem-solving skills through exercises
- Think critically, and organise knowledge, from consideration of the lecture material and development of business canvas
- Develop creative ways of solving unfamiliar problems, through the exercises
Moderate level of development:
- Learn to adopt new ideas, from participation in the lecture program
- Plan effective work schedules, to meet the regular deadlines for submission of assessable work
Some level of development:
- Present an argument, by reflecting on those presented in the lecture series and readings
Last updated: 8 November 2024