Business & Management MA(SocSci)/BSc/LLB/MA

Professional Practice 5 MGT5068

  • Academic Session: 2021-22
  • School: Adam Smith Business School
  • Credits: 20
  • Level: Level 5 (SCQF level 11)
  • Typically Offered: Semester 2
  • Available to Visiting Students: Yes
  • Available to Erasmus Students: No

Short Description

This course is designed to introduce the concepts of entrepreneurial planning through developing knowledge, understanding and practice in creating a business plan.


Mondays, Wednesdays, Thursdays 12.00 - 1.00 p.m

Excluded Courses

Entrepreneurship 1B: New Venture Planning

9GZU Business Planning for Scientists 1 (15B)

Entrepreneurship 1B 8UUU

Entrepreneurship and Business Planning (Hons and Level 3)




Individual assignment (30%)

Group Business Plan Report (70%)

Are reassessment opportunities available for all summative assessments? No

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

This course is designed to address aspects of professional practice for Engineering students and to introduce the concepts of new venture and entrepreneurial planning through knowledge, understanding and practice in the use of developing the business plan. The course is also designed to introduce students to the issues crucial to the development of new ventures, the role of the entrepreneur and the entrepreneurial team, and the relationship of the new venture to its environment. It will also include the main functional areas of marketing, operations and finance. The course will draw on the growing body of research and literature related to the development of new ventures.

Intended Learning Outcomes of Course

By the end of this programme students will be able to:


Prepare a business plan for a new venture start or development;
Demonstrate an understanding of the processes and procedures for developing a new venture;


Analyse new venture information to identify the viability or otherwise of a proposal, including:

■ presenting new venture ideas;

■ its relationship to a defined market;

■ describing the relationships between the various business functions;

■ developing a business model.


Identify and address relevant aspects of sustainability and environmental impact;
Identify and contact non university support agencies

Show evidence of skills and capability in:

■ critically engaging with and evaluating texts and journal articles;

■ team-working;

■ appraising the work of other students;

■ independent analysis of management problems;

■ communicating conclusions effectively;

■ identifying and addressing relevant aspects of sustainability and environmental impact;

■ practising project planning techniques;

■ collecting and analysing market data;

■ carrying out personal and profession planning

Minimum Requirement for Award of Credits