Students
MMBA8059 – Entrepreneurship and New Ventures: Creating Businesses that Thrive
2026 – Term 2, In person-scheduled-infrequent, City
General Information
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| Unit convenor and teaching staff |
Unit convenor and teaching staff
Francesco Chirico
|
|---|---|
| Credit points |
Credit points
10
|
| Prerequisites |
Prerequisites
MMBA8055 and MMBA8035
|
| Corequisites |
Corequisites
|
| Co-badged status |
Co-badged status
|
| Unit description |
Unit description
This unit explores the realm of new venture creation, where the seeds of entrepreneurship are sown and cultivated. This unit lays the groundwork for aspiring and existing entrepreneurs, comprehensively exploring the fundamentals involved in establishing and successfully managing new enterprises. Utilise key concepts and frameworks that underpin entrepreneurial endeavours, gaining actionable insights to address contemporary challenges faced by startups. Through a blend of frameworks, practical case studies, and hands-on exercises, cultivate the skills and knowledge necessary to navigate the complexities of new venture creation. Whether you are a budding entrepreneur or an aspiring business leader, this unit equips you with the tools and strategies to foster entrepreneurial success in today’s dynamic business landscape. |
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: Evaluate and apply concepts and practical insights to new venture creation and entrepreneurship.
- ULO2: In teams, research, develop, and present a new enterprise project.
- ULO3: Develop and demonstrate interpersonal, social, and communication skills to achieve desired entrepreneurial outcomes.
General Assessment Information
Late Submission Penalties (written assessments)
If you submit your assessment late, 5% of the total possible marks will be deducted for each day (including weekends), up to 7 days. Submissions more than 7 days late will receive a mark of 0.
Example 1 (out of 100):
If you score 85/100 but submit 20 hours late, you will lose 5 marks and receive 80/100.
Example 2 (out of 30):
If you score 27/30 but submit 20 hours late, you will lose 1.5 marks and receive 25.5/30.
Extensions
Automatic short extension: Some assessments are eligible for automatic short extension. You can only apply for an automatic short extension before the due date. Special Consideration: If you need more time due to serious issues and for any assessments that are not eligible for Short Extension, you must apply for Special Consideration. Need help? Review the
for further details:
https://students.mq.edu.au/study/assessment-exams/special-consideration’
Assessment Tasks
| Name | Weighting | Hurdle | Due | Groupwork/Individual | Short Extension | AI Approach |
|---|---|---|---|---|---|---|
| Professional practice: New enterprise development and pitch | 50% | No | Presentation (May 31, 2026) & Report (June 8, 2026) | Individual and Group | No | Open |
| Skills development: Interactive analysis | 50% | No | May 2, 2026 & May 30, 2026 | Individual and Group | No | Open |
Professional practice: New enterprise development and pitch
Assessment Type 1: Portfolio
Indicative Time on Task 2: 40 hours
Due: Presentation (May 31, 2026) & Report (June 8, 2026)
Weighting: 50%
Groupwork/Individual: Individual and Group
Short extension 3: No
AI Approach: Open
The purpose of this assessment is for you to work with peers to demonstrate your understanding of key perspectives and concepts and their applications in setting up a new enterprise.
You will work in teams to develop a new enterprise project. Part one requires you to present a business plan pitch, with each student presenting one aspect of the plan. Part two involves developing a written business plan. You are expected to collaborate throughout the project and your work will be assessed based on both individual contributions and overall group performance.
Skills in focus :
- Discipline knowledge
- Critical thinking and problem solving
- Communication skills
- Collaboration skills
Deliverable(s): Group presentation (max 5 minutes per person – 30% marked individually) and Written group report [about 1000 words per person – 20% marked as a group]
Individual and group assessment
On successful completion you will be able to:
- In teams, research, develop, and present a new enterprise project.
- Develop and demonstrate interpersonal, social, and communication skills to achieve desired entrepreneurial outcomes.
Skills development: Interactive analysis
Assessment Type 1: Problem-based task
Indicative Time on Task 2: 40 hours
Due: May 2, 2026 & May 30, 2026
Weighting: 50%
Groupwork/Individual: Individual and Group
Short extension 3: No
AI Approach: Open
The purpose of this assessment is for you to reflect on perspectives and concepts of new enterprise management and to apply both theoretical and practical reasoning to in-class case studies in order to propose well-founded recommendations.
You will work individually and prepare answers to a range of case study questions (two case studies throughout a term). These answers will be integrated in a group setting to develop and reflect upon solutions and enterprise strategy. Your work will be assessed based on both individual contributions and overall group performance.
Skills in focus :
- Discipline knowledge
- Critical thinking and problem solving
- Collaboration skills
Deliverable(s): Written submission (40% mark individually and 10% as a group for each case study)
Individual and group assessment
On successful completion you will be able to:
- Evaluate and apply concepts and practical insights to new venture creation and entrepreneurship.
- Develop and demonstrate interpersonal, social, and communication skills to achieve desired entrepreneurial outcomes.
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
- Academic Success 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.
3 An automatic short extension is available for some assessments. Apply through the Service Connect Portal.
Delivery and Resources
Please, refer to the material on 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:
- Academic Appeals Policy
- Academic Integrity Policy
- Academic Progression Policy
- Assessment Policy
- Fitness to Practice Procedure
- Assessment Procedure
- Complaints Resolution Procedure for Students and Members of the Public
- Special Consideration Policy
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 connect.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/
Academic Success
Academic Success provides resources to develop your English language proficiency, academic writing, and communication skills.
- Workshops
- Chat with a WriteWISE peer writing leader
- Access StudyWISE
- Upload an assignment to Studiosity
- Complete the Academic Integrity Module
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:
- IT Support
- Accessibility and disability support with study
- Mental health support
- Safety support to respond to bullying, harassment, sexual harassment and sexual assault
- Social support including information about finances, tenancy and legal issues
- Student Advocacy provides independent advice on MQ policies, procedures, and processes
Student Enquiries
Got a question? Ask us via the Service Connect Portal, 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.
Changes since First Published
| Date | Description |
|---|---|
| 13/03/2026 | . |
Unit information based on version 2026.03 of the Handbook