Core
5
6 ECTS
Autumn
None
EC 350
Prof. dr. Nedim Čelebić
2017
Type | Number per Term | Duration | Total Time |
---|---|---|---|
Lectures |
20 | 1.5
hours |
30 |
Tutorials | 10 | 1.5
hours |
15 |
Total Guided/Independent Learning Hours | 105 | ||
Total Contact Hours | 45 | ||
Total Engagement Hours | 150 |
Type | Number Required | Duration / Length | Weighting | Timing / Submission Deadline |
---|---|---|---|---|
Exam |
1 |
3 hours |
50% |
Week 17 |
Mid-semester test |
1 |
2 hours |
20% |
Week 8 |
Individual project: Research |
1 |
2000 words |
10% |
Week 10 |
Individual project work: Business plan writing |
1 |
2000 words 15 minutes |
20% |
Week 14 |
Intended Learning Outcomes:
Ability to comprehend key concepts from the field of Business and Entrepreneurship and to recognise their strengths and weaknesses.
Articulate on the now dominant theories and their global, regional, country and business applications
To notice and critically analyse multiple correlations within the field of Business and Entrepreneurship as well as relationships between business and non-business factors.
To increase comprehension of contemporary issues in fields of Business and Entrepreneurship as well as to be able to articulate on the now dominant theories and their global, regional, country and business applications.
Ability to develop awareness and comprehension of the constantly changing global environment
Understand the notion and culture of entrepreneurship, who are entrepreneurs, types and elements of entrepreneurship
Critically evaluate the business climate and environment for SME development (institutional framework, EU policy)
Ability to practically apply theoretical concepts, notice problems and apply learned methods and techniques for creating and suggesting solutions in student business plans.
Create a Business Plan- including aspects such as marketing functions, financial functions and business strategy
Teaching and Learning Strategy:
A variety of approaches to managing the learning process is introduced in order to be able to meet the ILOs. Teaching will be predominantly lectures, with ample time for discussion. Lectures will be based on the key text book. In addition, supplementary resources will be used. (ILO: 1-9)
Learning is organised and supported to encourage active learning, for example by in-class case studies and group discussions. (ILO: 1-9)
Students are going to research SME development and entrepreneurships in B&H and build their own business plans (ILO: 7-9)
Assessment Strategy:
Mid-term test (ILO: 1-7)
Individual project work: Business plan writing (including presentation) (ILO: 7-9)
Final test - In addition to testing the knowledge from 1 to 7, final exam will include questions related to the student business plan) (ILO: 1-9)
Practical Skills:
Recognise and apply business terminology
Interpret financial data relating to business
To analyse constantly changing global and local environment, develop a potentially successful and innovative business idea and create a business plan
Teaching and Learning Strategy:
Lab exercises with tutor-lead support (PS: 1-3)
Individual project work: Business plan writing (including presentation) (PS: 1-3)
Individual project: Research (PS: 1-2)
Use of case studies in class discussion groups (PS: 1-2)
Assessment Strategy:
Mid-term test and final test (PS: 1-3)
Individual project work: Business plan writing (including presentation) (PS: 1-3)
Individual project: Research (PS: 1-2)
Transferable Skills:
A problem-centred and problem-solving approach
Ability to effectively present own and others’ point of view
Communication skills: Written and Oral
Applied financial and numerical skills
Research Skills
Data analyses skills
Classify data
Compare, inspect or record facts
Ability to work independently
Meet deadlines
Good time management
Organize/manage projects
Teaching and Learning Strategy:
Lectures (TS: 1-4)
Class discussions (TS: 1-4)
Individual project work: Business plan writing (including presentation) (TS: 1-12)
Individual project: Research (TS: 6-12)
Assessment Strategy:
Mid-term test and final test (TS: 1-4, 6-8)
Individual project work: Business plan writing (including presentation) (TS: 1-12)
Individual project: Research (TS: 6-12)
Set text
Allen, K., (2011), New Venture Creation and Entrepreneurship, South-Western Publishing
Supplementary Materials
GEM, (2017), Global Entrepreneurship Monitor [online], www.gemconsortium.org , (Accessed 17 April 2017)
GEDI, (2017), The Global Entrepreneurship and Development Institute Index, [online], https://thegedi.org/global-entrepreneurship-and-development-index/ (Accessed 17 April 2017)
World Bank, (2017), Ease of Doing Business, [online], www.doingbusiness.org, (Accessed 17 April 2017)
European Commission, (2017), Europe 2020, [online], http://ec.europa.eu/europe2020/index_en.htm (Accessed 17 April 2017)
European Commission, (2017), Small Business Act for Europe, [online], http://ec.europa.eu/growth/smes/business-friendly-environment/small-business-act/index_en.htm (Accessed 17 April 2017)
Spinelli, S., Adams, R., (2015), New Venture Creation: Entrepreneurship for the 21st Century, 10 Edition, McGraw Hill
Burns, P., (2014), New venture Creation: A Framework for Entrepreneurial Start-Ups, Palgrave MacMillan
Burns, P., (2016), Entrepreneurship and Small Business, 4 Edition, Palgrave
Barringer, B., Ireland, D., (2015), Entrepreneurship, 5 Edition, Pearson
Starting a business Guide – Compilation of various internet sources/tools for building a business plan;
Business Plans examples (Entrepreneurship and Innovation)
Galindo, M, and Mendez, M.T. (2014) Entrepreneurship, economic growth, and innovation: Are feedback effects at work?, Journal of Business Research, Vol. 67, No. 5, pp. 825-829.
Please note
This specification provides a concise summary of the main features of the module and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if he/she takes full advantage of the learning opportunities that are provided.
More detailed information on the learning outcomes, content and teaching, learning and assessment methods of each module and programme can be found in the departmental or programme handbook.
The accuracy of the information contained in this document is reviewed annually by the University of Buckingham and may be checked by the Quality Assurance Agency.
Date of Production : April 2017
Date approved by School Learning and Teaching Committee:
Date approved by School Board of Study :
Date approved by University Learning and Teaching Committee:
Date of Annual Review:
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