MGB161 Thinking Like an Entrepreneur


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Unit Outline: Semester 1 2025, Gardens Point, Internal

Unit code:MGB161
Credit points:12
Equivalent:EED001
Coordinator:Forough Zarea Fazlelahi | f.zarea@qut.edu.au
Disclaimer - Offer of some units is subject to viability, and information in these Unit Outlines is subject to change prior to commencement of the teaching period.

Overview

This introductory unit will provide an excellent foundation to students aspiring to learn about entrepreneurship and build their knowledge, attitude and skills in entrepreneurship, while exploring the various dimensions of the ‘entrepreneurial mindset’, entrepreneurship, and intrapreneurship.

The unit will focus on general introductory concepts related to entrepreneurship including concepts and theoretical frameworks relating to entrepreneurial activities and new value, social entrepreneurship and intrapreneurship. The unit will enable students to consider entrepreneurship and its value and purpose from different cultural perspectives. In particular, we will look to showcase First Nations entrepreneurial leaders, either via a "digital showcase" or in-person guest speakers. Throughout the unit students will also use a range of tools to explore and develop their own thoughts and attitudes towards entrepreneurship and what being an entrepreneur means to them personally.

Learning Outcomes

On successful completion of this unit you will be able to:

  1. Critically reflect on what is meant by entrepreneurship and your role as an entrepreneur in the practice of identifying opportunities for value creation. [HO 2.1, 2.2]
  2. Identify the characteristics, attributes and behaviours of individuals who are entrepreneurially minded. [KS 1.1]
  3. Describe the importance of practicing entrepreneurship in a socially responsible manner incorporating differing perspectives on the meaning of value. [SE 5.1, 5.2]
  4. Use data from various sources to reflect and prepare self-development and personal change plans aimed at developing your entrepreneurial mindset and self-identity as an entrepreneur. [TS 4.1, 4.2]
  5. Clearly articulate the outcomes of your analysis and reflections to intended audiences. [PC 3.1, 3.2]

Content

- The role and identity of the entrepreneur

- Entrepreneurial mindsets and entrepreneurial self-efficacy

- Entrepreneurial mindsets and their relationship to creativity and innovation

- Indigenous perspectives on entrepreneurship

- Socially responsible entrepreneurship practice and promoting inclusive and sustainable entrepreneurship

- Entrepreneurship vs Intrapreneurship

- The entrepreneurial toolkit

- Entrepreneurial orientation / self analysis

- Dimensions of the entrepreneurial mindset 

- Understanding failure

- Action and interaction

Learning Approaches

This unit takes a blended approach to learning and teaching. You will be provided with both eContent and timetabled activities such as workshops and tutorials. eContent will be clearly identified on your Canvas site for you to engage with on a weekly basis before your classes. eContent could include videos, readings, self-reflection and/or peer activities designed to enhance your learning experience. During the timetabled activities, the unit coordinator and/or your tutor will further explain content and you will be provided with opportunities to explore this content in a collaborative learning environment. After your weekly classes, you should continue to engage with unit resources to ensure you consolidate your understanding of unit content. Teaching team members will also be available for one-on-one consultations to assist you with your learning journey.

Feedback on Learning and Assessment

Students will receive feedback in various forms throughout the semester which may include:

  •  Informal: worked examples, such as verbal feedback in class, individual consultation
  •  Formal: in writing, such as checklists, rubrics, written commentary
  •  Direct: to individual students, either in written form or in consultation
  •  Indirect: to the whole class

Assessment

Overview

The assessment you will undertake in this unit will help you explore and unpack the key elements of the entrepreneurial mindset and how they relate to you. You be given the opportunity to think about what kind of entrepreneur you would like to be and importantly, you will set out a plan that you will help you achieve this.

Students may be required to attend campus or an assessment centre for the purposes of assessment, regardless of the attendance mode for the unit.

Unit Grading Scheme

7- point scale

Assessment Tasks

Assessment: What is your Entrepreneurial Vision?

Using Gen AI, you will generate an image that best reflects the kind of entrepreneur you aspire to be. In addition, you will reflect on your image and your entrepreneurial identity, the problems you are drawn to, and the solution sets you wish to develop. You should make specific reference to the vision you have and 5 main goals you wish to achieve.

This assignment is eligible for the 48-hour late submission period and assignment extensions.

Business Capabilities (AoL goals): KS (1.1), HO (2.1), PC (3.1), TS (4.1)

Weight: 30
Length: 1500 words
Individual/Group: Individual
Due (indicative): Week 6
Related Unit learning outcomes: 1, 2, 4, 5

Assessment: Entrepreneurship & Purpose

In a group setting, you and your team will research and select three (local) entrepreneurs to identify their “why” or guiding purpose. You will articulate their key unique attributes as an entrepreneur and present your findings to the class.

Business Capabilities (AoL goals): KS (1.1), HO (2.1), PC (3.2), TS (4.2)

Weight: 40
Length: 15 minutes
Individual/Group: Group
Due (indicative): Week 9
Related Unit learning outcomes: 1, 2, 4, 5

Assessment: Entrepreneurship Identity Self-Development Plan

Develop a self-development plan that incorporates what you have learnt about yourself and your entrepreneurial aspirations (“the why”) through the course of the unit. You will be required to make specific reference to the manner in which you will look to enact positive change in a socially and ethically aligned manner.

This assignment is eligible for the 48-hour late submission period and assignment extensions.

Business Capabilities (AoL goals): HO (2.2), PC (3.1), TS (4.1), SE (5.1, 5.2)

Weight: 30
Length: 2000 words
Individual/Group: Individual
Due (indicative): Week 13
Related Unit learning outcomes: 1, 3, 4, 5

Academic Integrity

Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.

The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.

You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.

Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.

Resources

Weekly resources will be made available on the unit Canvas site.

Risk Assessment Statement

There are no out-of-the ordinary risks associated with this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to view the Emergency video.

Standards/Competencies

This unit is designed to support your development of the following standards\competencies.

QUT Business Capabilities (Undergraduate)

HO (2.1): Critical Analysis

Relates to: ULO1, What is your Entrepreneurial Vision?, Entrepreneurship & Purpose

HO (2.2): Independent Judgement and Decision-Making

Relates to: ULO1, Entrepreneurship Identity Self-Development Plan

KS (1.1): Discipline Knowledge

Relates to: ULO2, What is your Entrepreneurial Vision?, Entrepreneurship & Purpose

PC (3.1): Professional Communication (Written)

Relates to: ULO5, What is your Entrepreneurial Vision?, Entrepreneurship Identity Self-Development Plan

PC (3.2): Professional Communication (Oral)

Relates to: ULO5, Entrepreneurship & Purpose

SE (5.1): Ethical and Legal Understanding

Relates to: ULO3, Entrepreneurship Identity Self-Development Plan

SE (5.2): Global Social Responsibility

Relates to: ULO3, Entrepreneurship Identity Self-Development Plan

TS (4.1): Self-Reflection and Accountability

Relates to: ULO4, What is your Entrepreneurial Vision?, Entrepreneurship Identity Self-Development Plan

TS (4.2): Teamwork Knowledge and Skills

Relates to: ULO4, Entrepreneurship & Purpose