Students
MGMT1020 – Entrepreneurship and New Venture Management
2026 – Session 1, In person-scheduled-weekday, North Ryde
General Information
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| Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit convenor
Anna Krzeminska
Contact via via email
Wednesdays 11am-12pm via zoom or please arrange via email
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|---|---|
| Credit points |
Credit points
10
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| Prerequisites |
Prerequisites
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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 introduces students to the entrepreneurial process of generating ideas, identifying opportunities and developing these opportunities. Students will study business concepts and processes that support the successful launch and operation of entrepreneurial ventures. The unit is taught through experiential learning where students acquire the knowledge to launch new business ventures. Students will learn how to investigate market dynamics and customer needs to generate innovative ideas. Students will bring together the knowledge acquired across different disciplines, including sustainable thinking, as they provide recommendations to launch or re-launch a sustainable new business venture. |
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: Describe and explain key entrepreneurship concepts, theories and principles, including those that reflect sustainable value for business and society.
- ULO2: Analyse the strategies of an existing business venture and develop recommendations that integrate the key entrepreneurship theories and concepts.
- ULO3: Develop a novel business idea to solve a real-world problem and create a coherent, feasible and sustainable new venture plan.
General Assessment Information
Late Submission Penalties
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 Special Consideration page for further details.
Assessment Tasks
| Name | Weighting | Hurdle | Due | Groupwork/Individual | Short Extension | AI Approach |
|---|---|---|---|---|---|---|
| Skills development: Competitor analysis | 40% | No | 04/04/2026 | Individual | Yes | Open AI |
| Professional practice: Pitch presentation | 30% | No | Weeks 8-12 in class | Individual | No | Observed |
| Skills development: Enterprise venture plan | 30% | No | 07/06/2026 | Group | No | Open AI |
Skills development: Competitor analysis
Assessment Type 1: Professional task
Indicative Time on Task 2: 20 hours
Due: 04/04/2026
Weighting: 40%
Groupwork/Individual: Individual
Short extension 3: Yes
AI Approach: Open AI
The purpose of this assessment is to develop your ability to critically analyse a competitor’s product offering and sustainability practices to inform strategic decision-making for your group's proposed new venture.
You will individually evaluate a selected competitor’s strengths, weaknesses, opportunities and threats (SWOT), their triple bottom line (TBL) performance and their product features, compare those to your group’s business idea, and propose two improvements your group may adopt- one relating to product features, and one relating to triple bottom line (TBL) dimension.
Skills in focus:
- Communication skills
- Critical thinking and problem solving
- Global, ethical and environmental citizenship
- Discipline knowledge.
Deliverable(s): Written report [max 1500 words]
Individual assessment
On successful completion you will be able to:
- Describe and explain key entrepreneurship concepts, theories and principles, including those that reflect sustainable value for business and society.
- Analyse the strategies of an existing business venture and develop recommendations that integrate the key entrepreneurship theories and concepts.
Professional practice: Pitch presentation
Assessment Type 1: Presentation task
Indicative Time on Task 2: 15 hours
Due: Weeks 8-12 in class
Weighting: 30%
Groupwork/Individual: Individual
Short extension 3: No
AI Approach: Observed
The purpose of this assessment is to develop your ability to communicate entrepreneurial ideas clearly and persuasively by presenting a component of the collaboratively developed business venture.
You will deliver an individual pitch presenting a specific section of your group’s proposed new venture, demonstrating your understanding of the business idea, its feasibility, and its potential value.
Skills in focus:
- Communication skills
- Work readiness
Deliverable(s): Presentation (3 min) followed by Q&A with accompanying slides.
Individual assessment
On successful completion you will be able to:
- Describe and explain key entrepreneurship concepts, theories and principles, including those that reflect sustainable value for business and society.
- Develop a novel business idea to solve a real-world problem and create a coherent, feasible and sustainable new venture plan.
Skills development: Enterprise venture plan
Assessment Type 1: Professional task
Indicative Time on Task 2: 20 hours
Due: 07/06/2026
Weighting: 30%
Groupwork/Individual: Group
Short extension 3: No
AI Approach: Open AI
The purpose of this assessment is to develop your ability to collaboratively design and evaluate a new business idea that addresses a real-world problem using entrepreneurial thinking and business planning tools.
You will work in a group to create a detailed business plan that outlines the proposed venture, evaluates its feasibility, analyses the competitive and industry landscape, and demonstrates financial and strategic viability.
Skills in focus:
- Communication skills
- Collaboration skills
- Work readiness
- Critical thinking and problem solving
- Discipline knowledge
Deliverable(s): Written report [max 2500 words]
Group assessment
On successful completion you will be able to:
- Describe and explain key entrepreneurship concepts, theories and principles, including those that reflect sustainable value for business and society.
- Analyse the strategies of an existing business venture and develop recommendations that integrate the key entrepreneurship theories and concepts.
- Develop a novel business idea to solve a real-world problem and create a coherent, feasible and sustainable new venture plan.
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 see iLearn for details
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.
Unit information based on version 2026.04 of the Handbook