Professional Practice 5

Professional Practice 5

Year: 2018-2019
Course credits: 20
Course code: MGT5068
Taught: Semester 2
Course Co-ordinator: Professor Colin Mason
Course lecturers: Professor Colin Mason, Dr Yee Kwan Tang, Yang Zhou, Mr Joe Collins
Pre-requisites: Normally admission to an honours programme in Engineering.  This course is not available to MA students
Available to visiting students: Please consult with the School of Engineering
Contact details: Mrs Wendy Weaver

Course description

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

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

By the end of this course, students should 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

 

Learning and teaching methods

3 lectures per week (Monday, Wednesday and Thursday), 1200 - 1300

Course texts

Essential reading material to be confirmed.

Assessment

An Individual Assignment (30%)

A 90 Minute Degree Exam (70%)