New Ventures Challenge MGT4053
- Academic Session: 2026-27
- School: Adam Smith Business School
- Credits: 15
- Level: Level 4 (SCQF level 10)
- Typically Offered: Semester 1
- Available to Visiting Students: Yes
- Collaborative Online International Learning: No
- Curriculum For Life: No
Short Description
This is a practice-based experiential learning course in which students, working in groups of three or four, undertake planning an entrepreneurial activity, showcasing their concept and testing it out on their peers and externals in a showcase practical skills activity.
Timetable
11 x 2 hour workshops
Requirements of Entry
University of Glasgow students must have achieved Subject Honours entry requirements as detailed below to enrol on this course. A GPA of 12 (average C3) in the following courses with no course grade below D3, attained at the first attempt:
■ MGT2010 - Business Decision Analysis
■ MGT2011 - Fundamentals of Human Resource Management
■ MGT2012 - Service and Operations Management
■ MGT2014 - Entrepreneurship
Excluded Courses
None
Co-requisites
None
Assessment
1. Practical skills assessment; Group: 30 minutes: 40%; ILOs 1-3.
2. Written assignment, including essay; Individual; 1500 words; 60%; ILOs 4.
Course Aims
This course aims to:
■ Provide students with the opportunity to apply their learning in a realistic context and link theories of entrepreneurship to practice.
■ Experience ideation and lean start-up and practice entrepreneurial and decision-making skills.
■ Reflect on whether entrepreneurship is a realistic career option.
Intended Learning Outcomes of Course
By the end of this course students will be able to:
1. Apply knowledge of entrepreneurial concepts in a practical setting through undertaking activities involved in discovering a business idea, notably ideation, opportunity discovery and identification, value proposition, market positioning, and business model development.
2. Develop and apply entrepreneurial know-how in a practical setting, notably the lean startup concept, marketing mix, distribution channels, branding and pricing.
3. Develop and apply and skills such as team working, negotiation, time management, problem solving and communication skills.
4. Develop reflective skills to critically assess their entrepreneurial experience.