Unit convenor and teaching staff |
Unit convenor and teaching staff
Lecturer in charge
Karl Qin
Contact via lijun.qin@mq.edu.au
E4B104
1 hour after tutorial by appointment, all other times only by appointment and pre-arranged via email
Moderator
Erik Lundmark
Contact via 02-98508479
Level 4, E4A
By appointment
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Credit points |
Credit points
3
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Prerequisites |
Prerequisites
24cp
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit will introduce students to the entrepreneurial process of Identifying opportunities and the development of a new business venture. Students will learn about the management, organisation, financial, marketing and legal challenges required to successfully operate an entrepreneurial venture via building their independent business or undertaking a new initiative within an existing firm. This unit will be taught through the experiential teaching method where students learn by doing. Students will sketch out a proposal for an entrepreneurial project and prepare a business plan for launching their own small business. The unit will enable students to explore entrepreneurship as a career choice and will contribute to their ability to be creative and innovative.
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Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
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Task |
Weight |
Due Date |
Linked Learning Outcomes |
Linked Graduate Capabilities |
Brief Description |
Class Participation (online) |
15% |
Ongoing |
1-6 |
1, 2, 3, 4 |
Engagement in online discussion |
Individual Essay |
20% |
Week 4, 26th of August |
1-6 |
1, 2, 3, 4 |
Essay of 1500-2500 words |
Group Assignment |
30% |
Week 10, 21st of October |
1-6 |
1, 2, 3, 4 |
Business plan of and oral presentation |
Final Exam |
35% |
Exam period |
1-6 |
1, 2, 3 |
Examination |
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Graduate Capabilities
Name | Weighting | Due |
---|---|---|
Class Participation (online) | 15% | weekly five days after lecture |
Individual Essay | 20% | Week 4, 26th of August |
Group Assignment | 30% | Week 10, 21st of October |
Final Examination | 35% | University Examination Period |
Due: weekly five days after lecture
Weighting: 15%
Submission
Students have five working days to submit weekly online discussion after lecture on Tuesday. The cut off time is mid night on folowing Monday after lecture.
Extension:
No extensions will be granted.
Penalties:
Students who have not submitted the task prior to the deadline will be awarded a mark of "0" for the task, except for cases in which an application for special consideration is made and approved.
What is required to complete the unit satisfactorily
Please refer to the instruction of Class Participation (Online).
Due: Week 4, 26th of August
Weighting: 20%
Submission
Submit hard copy to BESS on Tuesday of Week 4 (26th of August)
Extension:
No extensions will be granted.Late tasks will be accepted up to 72* hours after the submission deadline.
Penalties :
There will be a deduction of 20%* of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission - 40% penalty). This penalty does not apply for cases in which an application for special consideration is made and approved.
What is required to complete the unit satisfactorily
Please refer to the instruction of individual Essay
Due: Week 10, 21st of October
Weighting: 30%
Submission
Submit hard copy on Tuesday of Week 10 (21st of October)
Extension:
No extensions will be granted.
Penalties:
Students who have not submitted the task prior to the deadline will be awarded a mark of 0 for the task, except for cases in which an application for special consideration is made and approved.
What is required to complete the unit satisfactorily
Please refer to the instruction of group assignment
Due: University Examination Period
Weighting: 35%
Examination conditions
Refer to the instruction on Final Examination
What is required to complete the unit satisfactorily
Refer to the instruction on Final Examination
Number and length of classes: 3 hours face-to-face teaching per week, consisting of 1x 2 hour lecture and 1 x 1 hour tutorial.
The timetable for classes can be found on the University web site at: http://www.timetables.mq.edu.au/
Prescribed Text:
Timmons, Jeffrey A et. al. (2010). New Venture Creation: Entrepreneurship for the 21st Century- A pacific Rim perspective. McGraw-Hill Australia. ISBN 978 007027766 3
Recommended texts:
Allen, K. R.(2003) launching new venture: an entrepreneurial approach. Boston: Houghton Mifflin. ISBN 061821481
Blackwell, Edward(2008). How to prepare a business plan. 5th Edition. London: Kogan Page ISBN 9780749449810
Frederick, H; Kuratko, D.F. & Hodgetts, R.M.(2007). Entrepreneurship: Theory, Process & Practice. Asia-Pacific Ed. Thomson. Hisrich, D; Peters, M& Shepherd, D (2010). Entrepreneurship. 8th Edition. ISBN: 9780071267687
Turock, A.( 2002). Invent business opportunities no one else can imagine. Franklin Lakes, NJ: Career Press ISBN: 1564145786
Zimmerer,Thomas W., Scarborough, Norman M., Wilson, Doug (2008). Essentials of Entrepreneurship and Small Business Management. A Pearson International Edition ISBN: 0131579436
Students familiar with web browsing, Powerpoint, word processing and iLearn.
Unit Web Page
The web page for this unit can be found at: iLearn http://ilearn.mq.edu.au
The unit is taught by lecture and tutorial discussions.
What is expected from students?
Read in advance; prepare case studies for tutorials; follow current developments in the entrepreneur world; be able to apply concepts in tutorial exercises; respond to questions raised during lectures; demonstrate enthusiasm for the subject; attend all group meetings; start a personal business plan and keep on enriching it with the concepts and principles learned during the lecture.
Changes Since Last Offerred.
Lecture materials and some cases updated. Otherwise no changes
Week | Lecture Topic | Textbook Chapters |
1 | Induction to Entrepreneurship learning and Critical Reflective Practice | CH 1 & 2 |
2 | Recognising and Creating Opportunities | CH 3, 4 & 5 |
3 | Assessing and Screening Opportunities and Business Ideas | CH 6, 7, 10 & 15 |
4 | Resource Organisation | CH 11, 13, 14 & 16 |
5 | Developing a Business Plan | CH 8 |
6 | New Venture Creation-Leadership and Team Building | CH 9 & 17 |
7 | Surviving Competition | CH 17 |
8 | Managing the Growth | CH 12 & 15 |
9 | Challenges and Failures | |
10 | Entrepreneurial Growth into Global Business | |
11 | Intrapreneur and Family Business Succession | CH 18 |
12 | Beyond Entrepreneurship | CH 19 |
13 | Review and Revise for Final Examination |
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Assessment Policy http://mq.edu.au/policy/docs/assessment/policy.html
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Our graduates will take with them the intellectual development, depth and breadth of knowledge, scholarly understanding, and specific subject content in their chosen fields to make them competent and confident in their subject or profession. They will be able to demonstrate, where relevant, professional technical competence and meet professional standards. They will be able to articulate the structure of knowledge of their discipline, be able to adapt discipline-specific knowledge to novel situations, and be able to contribute from their discipline to inter-disciplinary solutions to problems.
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This unit uses research from the following journals:
This unit gives you practice in applying research findings in your assignments
This unit gives you opportunities to conduct your own research.