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MGMT8005 - Entrepreneurship

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Title:Entrepreneurship
Long Title:Entrepreneurship
Module Code:MGMT8005
  
Credits: 5
NFQ Level:Advanced
Field of Study: Business & Management
Valid From: Semester 1 - 2015/16 ( September 2015 )
Module Delivered in 2 programme(s)
Module Coordinator: CAROLINE O REILLY
Module Author: Lisa Murphy
Module Description: The module is designed to analyse the strategic importance of the entrepreneur and the problems faced by people who start their own business.
Learning Outcomes
On successful completion of this module the learner will be able to:
LO1 Analyse the strategic importance of the entrepreneur to job creation and the value of small business to the Irish economy.
LO2 Analyse the unique characteristics of those who start their own business vis a vis those who are employed by others.
LO3 Construct a comprehensive business plan. This will cover aspects of marketing, finance, human resources, etc.
LO4 Analyse the problems faced by entrepreneurs.
LO5 Analyse the key differences between male and female entrepreneurs.
Pre-requisite learning
Module Recommendations
This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named CIT module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Not applicable
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
Not applicable
Co-requisite Modules
No Co-requisite modules listed
Requirements
This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
Not applicable
Co-requisites
No Co Requisites listed
 

Module Content & Assessment

Indicative Content
Introduction
The small business sector; Definition of entrepreneurship; Why has the rate of small business development been so low historically in Ireland?; Personal characteristics of entrepreneurs; Background characteristics and psychological variables; Intrapreneurship; Establishing an intrapreneurial spirit within the firm.
Stages of Business Start up
Stages involved in setting up a business; Developing ideas and business opportunities; Creativity; Incubation centres; Mentoring; Assistance; Networking.
Business Plans
Purpose and contents; Establish the scope of the business plan; Determine what type of business plan is appropriate; Steps involved in writing the plan; Location of investors and presentation.
Finance
Sources of finance; Early stage funding; Bank loans; Government funding; Venture capital; Informal venture capital and Business Angels.
Female Entrepreneurship
Women and the small business sector; Why has the rate been so low historically?; Types of female entrepreneur; Characteristics of female entrepreneurs; Management of female owned businesses; Performance of female owned businesses; Barriers; Recent trends.
Types of Business Venture
Choosing the right business; Buy an existing business; Franchising; Management buy-outs; Family and enterprise.
Retaining Entrepreneurship as the Venture Grows
Facing the strategic challenge of growth; Maintaining the entrepreneurial dynamic; Founder's Disease; Creating the entrepreneurial team.
Assessment Breakdown%
Course Work40.00%
End of Module Formal Examination60.00%
Course Work
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Written Report Written report on an entrepreneur's start up business 1,2,4 40.0 Week 8
End of Module Formal Examination
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Formal Exam End-of-Semester Final Examination 1,2,3,4,5 60.0 End-of-Semester
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

The institute reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture Class based instruction 2.0 Every Week 2.00
Tutorial Class based tutoring 1.0 Every Week 1.00
Independent & Directed Learning (Non-contact) Reading and research 4.0 Every Week 4.00
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture lecture 2.0 Every Week 2.00
Independent & Directed Learning (Non-contact) No Description 5.0 Every Week 5.00
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 

Module Resources

Recommended Book Resources
  • Carter and Jones Evans 2000, Enterprise and Small Business, First Ed., Prentice Hall UK [ISBN: 0-201-39852-4]
Supplementary Book Resources
  • Kathleen Allen 2015, Launching New Ventures, an Entrepreneurial Approach, 7th Ed., Cengage Learning [ISBN: 978-1305102507]
  • Kaplan and Warren 2007, Patterns of Entrepreneurship, Second Ed., Wiley USA [ISBN: 0-471-73750-X]
  • Joseph Tidd and John Bessant 2015, Innovation and Entrepreneurship, 3rd Ed., Wiley [ISBN: 978-1118993095]
  • Kirby 2003, Entrepreneurship, First Ed., McGraw Hill UK [ISBN: 0077098587]
  • Barringer and Ireland 2006, Entrepreneurship - Successfully Launching New Ventures, First Ed., Pearson Prentice Hall USA [ISBN: 0-13-061855-1]
  • Cooney 2005, Irish Cases in Entrepreneurship, First Ed., Blackhall Publishing Dublin [ISBN: 1-842180-87-8]
  • Wickam 2001, Strategic Entrepreneurship, Second Ed., Prentice Hall UK [ISBN: 0-273 65115-3]
  • Deakins and Freel 2006, Entrepreneurship and Small Firms, Fourth Ed., McGraw Hill UK [ISBN: 0-07-710826-4]
  • Henry 2007, Ernst and Young Entrepreneur of the Year Case Series, First Ed., Blackhall Publishing Dublin [ISBN: 978-1-84218-141-6]
This module does not have any article/paper resources
Other Resources
  • www.bplans.com: www.bplans.com
 

Module Delivered in

Programme Code Programme Semester Delivery
CR_CCOPM_9 Masters of Science in Construction Project Management 1 Elective
CR_CCNPM_9 Postgraduate Diploma in Science in Construction Project Management 1 Elective

Cork Institute of Technology
Rossa Avenue, Bishopstown, Cork

Tel: 021-4326100     Fax: 021-4545343
Email: help@cit.edu.ie