Entrepreneurial Ventures: Management and Growth MGT4019

  • Academic Session: 2023-24
  • School: Adam Smith Business School
  • Credits: 15
  • Level: Level 4 (SCQF level 10)
  • Typically Offered: Semester 1
  • Available to Visiting Students: Yes

Short Description

The aim of this course is to give students a practical insight into the nature and workings of entrepreneurial ventures with a focus on management, development and growth. Students will work on a practical project that adds value to a small entrepreneurial venture in either a non-profit, community or social enterprise. This course presents students with an opportunity to apply their understanding of theoretical concepts learned through this course and others contained within the degree programme in a real entrepreneurial organisation. 

Timetable

Workshops: Consisting of 2 x 2-hr per week for 4 weeks; 2 x 2-hr interactive project sessions with a practicing management consultant and 1 x 3-hr presentation session

(Please refer to MyCampus for timetable)

 

Attendance is compulsory for all workshops due to the practical 'hands-on' nature of the class.

Requirements of Entry

Entry to an Honours programme in Business and Management or a GPA of 12 in the level 2 courses listed below for students taking an Honours programme in another subject:
MGT2010 Business Decision Analysis
MGT2011 Fundamentals of Human Resource Management
MGT2012 Services and Operations Management
MGT2014 Entrepreneurship

Excluded Courses

None

Assessment

Intended Learning Outcomes

Assessment

Weighting

Word Length/ Duration

 1, 2, 3,4

Group Report

40%

5000

6

Personal Learning Reflection

30%

1000

Are reassessment opportunities available for all summative assessments? Not applicable for Honours courses

Reassessments are normally available for all courses, except those which contribute to the Honours classification. For non-Honours courses, students are offered reassessment in all or any of the components of assessment if the satisfactory (threshold) grade for the overall course is not achieved at the first attempt. This is normally grade D3 for undergraduate students and grade C3 for postgraduate students. Exceptionally it may not be possible to offer reassessment of some coursework items, in which case the mark achieved at the first attempt will be counted towards the final course grade. Any such exceptions for this course are described below. 

Course Aims

The aim of this honours option is to give students a practical insight into the nature and workings of a small entrepreneurial venture in either non-profit, community or social venture. Students will gain first-hand an experience of the issues often faced by founding entrepreneurs and/ or managers who are trying to manage, grow and develop an entrepreneurial venture. Working as part of a team throughout the course students will interact face-to-face with the founding entrepreneur and/ or manager and undertake a focussed project, which will be centred on supporting the venture to grow / develop. For example, the project may involve investigating how best to take a new product into an existing market or an existing product into a new market. The project supports students to transfer theory into practice and to develop their team working, communication, research, and analytical skills through experiential learning. This course is designed to be practical and students will have the opportunity to develop all ten of the University's graduate attributes.

 

All student teams will be allocated a mentor who is a practising consultant. The mentor helps to provide an external perspective and an opportunity to act as a sounding board.

Participating companies have the option of applying for one of three Entrepreneurial Venture Internships. These are then made available to EVMG students at the completion of the course. Only EVMG Students will be able to apply for the internships to work on elements from the final report. The Internship is 16 weeks and is fully paid.

Connections with Practice is central to EVMG. Each team will consult with two organisations. The first is to complete a formative 'Idea Sparks' consultancy project with two other teams for an organisation. The summative project allocates one company per team. All the organisations involved with the course are real, with real challenges.

There will also be guest lectures from social enterprise entrepreneurs and from organisation in the ecosystem.

EVMG has been awarded the ASBS SDG Challenge badge in recognition of its core content and working with non-profit, charity and social enterprises.

Intended Learning Outcomes of Course

By the end of the course, students will be able to:

 

1. Identify and evaluate the opportunities and constraining factors for the growth and development of an entrepreneurial venture.

2. Evaluate a specific challenge faced by the host venture by problem solving and critical analysis.

3. Construct strategic recommendations to the host venture on how to develop their business.

4. Present an argument as to why the proposed recommendations are appropriate cognisant of the host venture's capabilities and resources.

5. Communicate the strategic recommendations via a clear, effective and structured oral presentation.

6. Reflect on their ability to self-manage and to work collaboratively with others to deliver the project.

Minimum Requirement for Award of Credits

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.