Teaching is by way of lecturers, research-led content, case studies and real-life examples. Classes will accomodate questioning, discussion, short exercises and debate. Active participation is encouraged. Formative assessment is by means of a written continuous assignment.
Module Description:
The aim of this module is to provide students with an understanding of what is meant by the term entrepreneurship and what motivates an entrepreneur. To introduce learners to the dynamic world of entrepreneurship and to help them to understand key issues faced by entrepreneurs and entrepreneurial businesses.
Learning Outcomes
On successful completion of this module the learner will be able to:
LO1
Demonstrate knowledge of the issues and processes involved in the successful creation of a new enterprise. Students will develop an understanding of the entrepreneur as an agent of change in the economy.
LO2
Students will show an understanding of the nature and importance of enterprise to the economy and understand the issues associated with the viability of a new business
LO3
Distinguish and evaluate the cross functional nature of management practices required for the successful enterprise. Demonstrate judgement in the viability of any enterprise project.
LO4
Categorise the key entrepreneurial competencies in skills such as communication, analysis and business acumen necessary for enabling a successful entrepreneurial venture.
Pre-requisite learning
Module Recommendations
This is prior learning (or a practical skill) that is required before enrolment on this module. While the prior learning is expressed as named NCI module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
Requirements
This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
Module Content & Assessment
Indicative Content
Entrepreneurs
What makes an entrepreneur? Advantages of becoming an Entrepreneur. Characteristics of Entrepreneurs. Profile of today's Entrepreneurs.
The Entrepreneurial Mindset
Creativity, Innovation and Entrepreneurship. Creative thinking. Barriers to creativity. The creative process.
Start-up Venture Commercialisation
Sources of potential opportunities. Screening ideas in search of opportunities. Entrepreneurial Manager and Strategist.
Challenges of the Entrepreneurial Start-up
The legal forms of the entrepreneurial organisation. Forms of entrepreneurial venture financing. Strategy - vision and mission of the new start-up. Succession planning.
The Entrepreneurial Venture Plan
Why successful Entrepreneurs create strategic plans. The strategic planning process. Strategic thinking. Basic financial reports. Projected financial analysis. Breakeven analysis. Cash management. The business plan. Elements of the business plan. Business plan format.
Building the Organisation
Maintaining the Entrepreneurial spirit. Developing Entrepreneurial teams. Facing the strategic challenges of growth. Embracing instability and chaos. Entrepreneurship and Innovation.
Assessment Breakdown
%
Coursework
100.00%
Full Time
Coursework
Assessment Type
Assessment Description
Outcome addressed
% of total
Assessment Date
Case Study
Individual case study of an entrepreneur and company
1,2,3,4
25.00
n/a
Essays (0120)
Essay: Entrepreneurship and idea generation
2,4
25.00
n/a
Business Plan 1 (0440)
Business plan: business opportunity recognition, assessment and evaluation
1,2,3,4
50.00
n/a
No End of Module Assessment
No Workplace Assessment
Reassessment Requirement
Coursework Only This module is reassessed solely on the basis of re-submitted coursework. There is no repeat written examination.
NCIRL reserves the right to alter the nature and timings of assessment
Module Workload
Workload: Full Time
Workload Type
Workload Description
Hours
Frequency
Average Weekly Learner Workload
Lecture
No Description
2
Every Week
2.00
Tutorial
No Description
1
Every Week
1.00
Independent Learning
No Description
7.5
Every Week
7.50
Total Hours
10.50
Total Weekly Learner Workload
10.50
Total Weekly Contact Hours
3.00
This module has no Part Time workload.
Module Resources
Recommended Book Resources
Kuratko, D. and Hodgetts, R. 2014, Entrepreneurship, theory, practice and process, 9th Ed., Cengage
Dollinger, M.J. 2003, Entrepreneurship: Strategies and Resources, Prentice Hall
This module does not have any article/paper resources
Other Resources
n/a: GEM 2013, Entrepreneurship in Ireland, Forfas