Students

MGMT7027 – Entrepreneurship in Business

2022 – Session 1, In person/Online-scheduled-weekday, North Ryde

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff Unit Convenor
Frances Chang
Credit points Credit points
10
Prerequisites Prerequisites
Admission to MRes
Corequisites Corequisites
Co-badged status Co-badged status
The unit is co-badged with MGMT8027
Unit description Unit description

This unit focuses on the principles of starting-up a new business venture. Throughout the session, we will discuss and critically reflect upon the economic, technological, societal, and global dimensions of entrepreneurship, and explore a range of concepts, models and approaches that represent the theory of entrepreneurship. You will apply this knowledge to practice by working in teams to experience multiple aspects of a new venture start-up. These will include ethical, societal and financial considerations, the creativity of developing a business idea, the development and formulation of a business model and plan, as well as unique marketing issues, ownership, growth and global aspects of entrepreneurship. Successful completion of the unit will provide you with knowledge and tools that will support you in your own entrepreneurial endeavours.

Important Academic Dates

Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates

Learning Outcomes

On successful completion of this unit, you will be able to:

  • ULO1: Review entrepreneurship education literature and critically assess the methods and approaches used.
  • ULO2: Design new business ventures with the consideration of a range of economic, societal, technological and global aspects of entrepreneurship.
  • ULO3: Work in a team to communicate the challenges and tasks involved in a new venture start-up, both orally and via the written word.
  • ULO4: Critically reflect on the theoretical concepts and nature of entrepreneurship to solve problems.

General Assessment Information

Late submissions of assessments 

Unless a Special Consideration request has been submitted and approved, no extensions will be granted. There will be a deduction of 10% of the total available assessment-task marks made from the total awarded mark for each 24-hour period or part thereof that the submission is late. Late submissions will only be accepted up to 96 hours after the due date and time.

No late submissions will be accepted for timed assessments – e.g., quizzes, online tests.

Table 1: Penalty calculation based on submission time

Submission time after the due date (including weekends)

Penalty (% of available assessment task mark)

Example: for a non-timed assessment task marked out of 30

< 24 hours

10%

10% x 30 marks = 3-mark deduction

24-48 hours

20%

20% x 30 marks = 6-mark deduction

48-72 hours

30%

30% x 30 marks = 9-mark deduction

72-96 hours

40%

40% x 30 marks = 12-mark deduction

> 96 hours

100%

Assignment won’t be accepted

Special Consideration 

To request an extension on the due date/time for a timed or non-timed assessment task, you must submit a Special Consideration application. An application for Special Consideration does not guarantee approval.

The approved extension date for a student becomes the new due date for that student. The late submission penalties above then apply as of the new due date.

Assessment Tasks

Name Weighting Hurdle Due
New Venture Start-Up 50% No Week 10 Pitch Presentation and Week 12 Written Start-up Plan
Entrepreneurship Education Research Paper 50% No Week 13 Research Paper

New Venture Start-Up

Assessment Type 1: Project
Indicative Time on Task 2: 20 hours
Due: Week 10 Pitch Presentation and Week 12 Written Start-up Plan
Weighting: 50%

 

This assessment has two components worth 50% in total. One component is a 3,000 word group report worth 25% (assessed as a group). The other component is a group presentation worth 25% (assessed individually).

 


On successful completion you will be able to:
  • Design new business ventures with the consideration of a range of economic, societal, technological and global aspects of entrepreneurship.
  • Work in a team to communicate the challenges and tasks involved in a new venture start-up, both orally and via the written word.
  • Critically reflect on the theoretical concepts and nature of entrepreneurship to solve problems.

Entrepreneurship Education Research Paper

Assessment Type 1: Literature review
Indicative Time on Task 2: 30 hours
Due: Week 13 Research Paper
Weighting: 50%

 

This assessment is worth 50%. It is a 3,000 word literature review.

 


On successful completion you will be able to:
  • Review entrepreneurship education literature and critically assess the methods and approaches used.
  • Critically reflect on the theoretical concepts and nature of entrepreneurship to solve problems.

1 If you need help with your assignment, please contact:

  • the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
  • the Writing Centre for academic skills support.

2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation

Delivery and Resources

Required Text

Scarborough, N and Cornwall, J (2019) Essentials of Entrepreneurship and Small Business Management, Global Edition (9e). Pearson Education Ltd. England.

Unit Web Page

The web page for this unit can be found at: https://ilearn.mq.edu.au/login/

Technology Used and Required

Students are required to have access to a personal computer and familiarise themselves with iLearn (https://ilearn.mq.edu.au/login/).

iLearn will be used to post lecture slides, assessment details, student grades and as a means of communication between staff members and students.

It is University policy that the University issues email account will be used for official University communication. All students are requeired to access their University account frequently. Only contact Macquarie University staff (including tutors), using your official MQ student account because this is one method used to verify your identity.

Delivery Format and Other Details

  • The timetable for classes can be found on the University web site at:  http://www.timetables.mq.edu.au/
  • Delivery format is a weekly 1-hour recorded lecture plus a weekly 2-hours in-class seminar conducted via a workshop approach.

Recommended readings

Recommended readings are provided via the links on the iLearn Unit page

Inherent Requirements

None

Unit Schedule

Please see iLearn.

Policies and Procedures

Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:

Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.

To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.

Student Code of Conduct

Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/student-conduct

Results

Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au

Academic Integrity

At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.

Student Support

Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/

The Writing Centre

The Writing Centre provides resources to develop your English language proficiency, academic writing, and communication skills.

The Library provides online and face to face support to help you find and use relevant information resources. 

Student Services and Support

Macquarie University offers a range of Student Support Services including:

Student Enquiries

Got a question? Ask us via AskMQ, or contact Service Connect.

IT Help

For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/

When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.


Unit information based on version 2022.03 of the Handbook