MGB233 Entrepreneurship
To view more information for this unit, select Unit Outline from the list below. Please note the teaching period for which the Unit Outline is relevant.
| Unit code: | MGB233 |
|---|---|
| Prerequisite(s): | 48 credit points of completed studies |
| Equivalent(s): | MGB227 |
| Credit points: | 12 |
| Timetable | Details in HiQ, if available |
| Availabilities |
|
| CSP student contribution | $2,040 |
| Pre-2021 CSP student contribution | $1,597 The pre-2021 commonwealth supported place (CSP) contribution amount only applies to students enrolled in a course prior to 2021. To learn more, visit our Understanding your fees page. |
| Domestic tuition unit fee | $3,024 |
| International unit fee | $4,176 |
Unit Outline: Semester 1 2024, Gardens Point, Internal
| Unit code: | MGB233 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 48credit points of completed studies. |
| Equivalent: | MGB227 |
| Coordinator: | David Herold | d.herold@qut.edu.au |
Overview
The ability to think and act entrepreneurially is increasingly important in modern society, regardless of future career aspirations. This action-oriented unit is designed specifically to enable students to walk in the shoes of an entrepreneur and to experience the excitement, challenge and unpredictable nature of identifying, developing and communicating new venture value creation strategies. Further, this unit provides students with the opportunity to develop potential solutions for real world problems, and to present those solutions to their peers. Students will be able to reconcile their actions and experience to various frameworks, like the Disciplined Entrepreneurship framework.
Learning Outcomes
On successful completion of this unit you will be able to:
- Identify key components of Entrepreneurship frameworks to conceive new value and explain how such new value can be created and captured. Relates to: UG Business Capabilities: KS (1.1)
- Apply Entrepreneurship frameworks to explain the desirability, feasibility and viability of the proposed venture and value creation.
- Reflect on your ability to think and act in an entrepreneurial manner. Relates to: UG Business Capabilities: TS (4.1)
- Work in teams to communicate new value ideas to professional audiences. Relates to: UG Business Capabilities: TS (4.2)
Content
This unit's content includes:
- Entrepreneurship frameworks including Disciplined Entrepreneurship
- From Ideas to Value Creation
- From Value Creation to Persuasive Pitching
- From Persuasive Pitching to Delivery
In this unit contemporary, entrepreneurship-specific content and methodologies are used to support authentic, real and deep learning. The content aligns to the action students will take to develop and communicate a new venture that delivers value to others. As a result, through this unit, students will develop confidence and capability to engage in self-negotiated entrepreneurial action. The content will be delivered in a range of ways including large groups online, small group workshops, as well as a full day compulsory workshop.
Learning Approaches
This unit utilises a student-centred approach with the aim to support self-determined learning, in which student interests are combined with practical learning and support from the teaching team. As such, contemporary entrepreneurship-specific learning methodologies are employed to support authentic, real and deep learning. The desired outcome of the unit is the development of confident students more capable of self-negotiated entrepreneurial action. Students will be assessed as individuals in terms of understanding components of entrepreneurship frameworks and value creation strategy, as developed through group activity. A scaffolded approach is used for maximum personal growth.
Delivery Mode
A combination of lectures, group meetings and a one-day workshop will be offered across the semester. Please refer to timetable for more details.
COVID-19 restrictions may require changes to the planned Learning Approaches described here. Students should refer to the unit Canvas site for the latest information.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written or spoken form
- Indirect: to the whole class, either in written or spoken form
Assessment
Overview
General Assessment Information
The assessment in this unit aims to support your achievement of the learning objectives for both Discipline Knowledge and Other Graduate Capabilities. Assessment has been designed in order to allow you to:
1. Receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and,
2. Demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Video Pitch
As an entrepreneur, you will develop a new idea you are passionate about and pitch your ideas to follow entrepreneurs.. You are required to submit a video pitch presenting what you know about the opportunity, customer, market and your potential solution, with some background to yourself and the skills you bring and further need. This will be evaluated by your peers and used as the basis for forming teams to work towards completing the second assessment item (see below). See Canvas for a detailed explanation of the structure of your video pitch. (KS 1.1), (HO2.1, 2.2)
This is an assignment for the purposes of an extension.
Assessment: Business Model Report
As a team of entrepreneurs, you will create a business report that explains and justifies the final business model created by your team. You will submit a written business report and pitch the business model to potential investors Across the unit, you will have the opportunity to experience a range of entrepreneurial activities. These include using new concepts, developing a pitch, interacting with entrepreneurs, developing a business model, developing a sales strategy, and supporting it in a real-world environment. Your group is required to create a business report that explains and justifies the final business model created by your group, discussing any success or limitations in implementation that your group has found. The report should also showcase your group's collective capabilities and learning for teamwork that has occurred across the semester. See Canvas for a detailed explanation of the structure of your portfolio of work.
(KS1.1), (HO2.1, 2.2), (TS 4.2)
This is an assignment for the purposes of an extension.
Assessment: Reflection
You will self-assess your entrepreneurial mindset and reflect on how it has developed over the course of the semester. (TS4.1)
This is an assignment for the purposes of an extension.
Academic Integrity
Students are expected to engage in learning and assessment at QUT with honesty, transparency and fairness. Maintaining academic integrity means upholding these principles and demonstrating valuable professional capabilities based on ethical foundations.
Failure to maintain academic integrity can take many forms. It includes cheating in examinations, plagiarism, self-plagiarism, collusion, and submitting an assessment item completed by another person (e.g. contract cheating). It can also include providing your assessment to another entity, such as to a person or website.
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.
Further details of QUT’s approach to academic integrity are outlined in the Academic integrity policy and the Student Code of Conduct. Breaching QUT’s Academic integrity policy is regarded as student misconduct and can lead to the imposition of penalties ranging from a grade reduction to exclusion from QUT.
Requirements to Study
Requirements
No additional study requirements.
Costs
No additional costs.
Resources
A wide range of useful materials have been placed on the QUT Readings on the unit's Canvas site. These materials are recommended reading.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in 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: ULO2, Video Pitch, Business Model Report
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, Video Pitch, Business Model Report
KS (1.1): Discipline Knowledge
Relates to: ULO1, ULO2, Video Pitch, Business Model Report
TS (4.1): Self-Reflection and Accountability
Relates to: ULO3, Reflection
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO4, Business Model Report
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, ULO2, Video Pitch, Business Model Report - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO3, Reflection - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO4, Business Model Report
BS06 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, ULO2, Video Pitch, Business Model Report - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO3, Reflection - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO4, Business Model Report
BS08 Bachelor of Business - International
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, ULO2, Video Pitch, Business Model Report - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO3, Reflection - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO4, Business Model Report
Unit Outline: Semester 1 2024, Online
| Unit code: | MGB233 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 48credit points of completed studies. |
| Equivalent: | MGB227 |
Overview
The ability to think and act entrepreneurially is increasingly important in modern society, regardless of future career aspirations. This action-oriented unit is designed specifically to enable students to walk in the shoes of an entrepreneur and to experience the excitement, challenge and unpredictable nature of identifying, developing and communicating new venture value creation strategies. Further, this unit provides students with the opportunity to develop potential solutions for real world problems, and to present those solutions to their peers. Students will be able to reconcile their actions and experience to various frameworks, like the Disciplined Entrepreneurship framework.
Learning Outcomes
On successful completion of this unit you will be able to:
- Identify key components of Entrepreneurship frameworks to conceive new value and explain how such new value can be created and captured. Relates to: UG Business Capabilities: KS (1.1)
- Apply Entrepreneurship frameworks to explain the desirability, feasibility and viability of the proposed venture and value creation.
- Reflect on your ability to think and act in an entrepreneurial manner. Relates to: UG Business Capabilities: TS (4.1)
- Work in teams to communicate new value ideas to professional audiences. Relates to: UG Business Capabilities: TS (4.2)
Content
This unit's content includes:
- Entrepreneurship frameworks including Disciplined Entrepreneurship
- From Ideas to Value Creation
- From Value Creation to Persuasive Pitching
- From Persuasive Pitching to Delivery
In this unit contemporary, entrepreneurship-specific content and methodologies are used to support authentic, real and deep learning. The content aligns to the action students will take to develop and communicate a new venture that delivers value to others. As a result, through this unit, students will develop confidence and capability to engage in self-negotiated entrepreneurial action. The content will be delivered in a range of ways including large groups online, small group workshops, as well as a full day compulsory workshop.
Learning Approaches
This unit utilises a student-centred approach with the aim to support self-determined learning, in which student interests are combined with practical learning and support from the teaching team. As such, contemporary entrepreneurship-specific learning methodologies are employed to support authentic, real and deep learning. The desired outcome of the unit is the development of confident students more capable of self-negotiated entrepreneurial action. Students will be assessed as individuals in terms of understanding components of entrepreneurship frameworks and value creation strategy, as developed through group activity. A scaffolded approach is used for maximum personal growth.
Delivery Mode
A combination of lectures, group meetings and a one-day workshop will be offered across the semester. Please refer to timetable for more details.
COVID-19 restrictions may require changes to the planned Learning Approaches described here. Students should refer to the unit Canvas site for the latest information.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written or spoken form
- Indirect: to the whole class, either in written or spoken form
Assessment
Overview
General Assessment Information
The assessment in this unit aims to support your achievement of the learning objectives for both Discipline Knowledge and Other Graduate Capabilities. Assessment has been designed in order to allow you to:
1. Receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and,
2. Demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Video Pitch
As an entrepreneur, you will develop a new idea you are passionate about and pitch your ideas to follow entrepreneurs.. You are required to submit a video pitch presenting what you know about the opportunity, customer, market and your potential solution, with some background to yourself and the skills you bring and further need. This will be evaluated by your peers and used as the basis for forming teams to work towards completing the second assessment item (see below). See Canvas for a detailed explanation of the structure of your video pitch. (KS 1.1), (HO2.1, 2.2)
This is an assignment for the purposes of an extension.
Assessment: Business Model Report
As a team of entrepreneurs, you will create a business report that explains and justifies the final business model created by your team. You will submit a written business report and pitch the business model to potential investors Across the unit, you will have the opportunity to experience a range of entrepreneurial activities. These include using new concepts, developing a pitch, interacting with entrepreneurs, developing a business model, developing a sales strategy, and supporting it in a real-world environment. Your group is required to create a business report that explains and justifies the final business model created by your group, discussing any success or limitations in implementation that your group has found. The report should also showcase your group's collective capabilities and learning for teamwork that has occurred across the semester. See Canvas for a detailed explanation of the structure of your portfolio of work.
(KS1.1), (HO2.1, 2.2), (TS 4.2)
This is an assignment for the purposes of an extension.
Assessment: Reflection
You will self-assess your entrepreneurial mindset and reflect on how it has developed over the course of the semester. (TS4.1)
This is an assignment for the purposes of an extension.
Academic Integrity
Students are expected to engage in learning and assessment at QUT with honesty, transparency and fairness. Maintaining academic integrity means upholding these principles and demonstrating valuable professional capabilities based on ethical foundations.
Failure to maintain academic integrity can take many forms. It includes cheating in examinations, plagiarism, self-plagiarism, collusion, and submitting an assessment item completed by another person (e.g. contract cheating). It can also include providing your assessment to another entity, such as to a person or website.
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.
Further details of QUT’s approach to academic integrity are outlined in the Academic integrity policy and the Student Code of Conduct. Breaching QUT’s Academic integrity policy is regarded as student misconduct and can lead to the imposition of penalties ranging from a grade reduction to exclusion from QUT.
Requirements to Study
Requirements
No additional study requirements.
Costs
No additional costs.
Resources
A wide range of useful materials have been placed on the QUT Readings on the unit's Canvas site. These materials are recommended reading.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in 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: ULO2, Video Pitch, Business Model Report
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, Video Pitch, Business Model Report
KS (1.1): Discipline Knowledge
Relates to: ULO1, ULO2, Video Pitch, Business Model Report
TS (4.1): Self-Reflection and Accountability
Relates to: ULO3, Reflection
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO4, Business Model Report
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, ULO2, Video Pitch, Business Model Report - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO3, Reflection - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO4, Business Model Report
BS06 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, ULO2, Video Pitch, Business Model Report - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO3, Reflection - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO4, Business Model Report
BS08 Bachelor of Business - International
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, ULO2, Video Pitch, Business Model Report - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO3, Reflection - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO4, Business Model Report
Unit Outline: Semester 2 2024, Gardens Point, Internal
| Unit code: | MGB233 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 48credit points of completed studies. |
| Equivalent: | MGB227 |
| Coordinator: | David Herold | d.herold@qut.edu.au |
Overview
The ability to think and act entrepreneurially is increasingly important in modern society, regardless of future career aspirations. This action-oriented unit is designed specifically to enable students to walk in the shoes of an entrepreneur and to experience the excitement, challenge and unpredictable nature of identifying, developing and communicating new venture value creation strategies. Further, this unit provides students with the opportunity to develop potential solutions for real world problems, and to present those solutions to their peers. Students will be able to reconcile their actions and experience to various frameworks, like the Disciplined Entrepreneurship framework.
Learning Outcomes
On successful completion of this unit you will be able to:
- Identify key components of Entrepreneurship frameworks to conceive new value and explain how such new value can be created and captured. Relates to: UG Business Capabilities: KS (1.1)
- Apply Entrepreneurship frameworks to explain the desirability, feasibility and viability of the proposed venture and value creation.
- Reflect on your ability to think and act in an entrepreneurial manner. Relates to: UG Business Capabilities: TS (4.1)
- Work in teams to communicate new value ideas to professional audiences. Relates to: UG Business Capabilities: TS (4.2)
Content
This unit's content includes:
- Entrepreneurship frameworks including Disciplined Entrepreneurship
- From Ideas to Value Creation
- From Value Creation to Persuasive Pitching
- From Persuasive Pitching to Delivery
In this unit contemporary, entrepreneurship-specific content and methodologies are used to support authentic, real and deep learning. The content aligns to the action students will take to develop and communicate a new venture that delivers value to others. As a result, through this unit, students will develop confidence and capability to engage in self-negotiated entrepreneurial action. The content will be delivered in a range of ways including large groups online, small group workshops, as well as a full day compulsory workshop.
Learning Approaches
This unit utilises a student-centred approach with the aim to support self-determined learning, in which student interests are combined with practical learning and support from the teaching team. As such, contemporary entrepreneurship-specific learning methodologies are employed to support authentic, real and deep learning. The desired outcome of the unit is the development of confident students more capable of self-negotiated entrepreneurial action. Students will be assessed as individuals in terms of understanding components of entrepreneurship frameworks and value creation strategy, as developed through group activity. A scaffolded approach is used for maximum personal growth.
Delivery Mode
A combination of lectures, group meetings and a one-day workshop will be offered across the semester. Please refer to timetable for more details.
COVID-19 restrictions may require changes to the planned Learning Approaches described here. Students should refer to the unit Canvas site for the latest information.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written or spoken form
- Indirect: to the whole class, either in written or spoken form
Assessment
Overview
General Assessment Information
The assessment in this unit aims to support your achievement of the learning objectives for both Discipline Knowledge and Other Graduate Capabilities. Assessment has been designed in order to allow you to:
1. Receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and,
2. Demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Video Pitch
As an entrepreneur, you will develop a new idea you are passionate about and pitch your ideas to follow entrepreneurs.. You are required to submit a video pitch presenting what you know about the opportunity, customer, market and your potential solution, with some background to yourself and the skills you bring and further need. This will be evaluated by your peers and used as the basis for forming teams to work towards completing the second assessment item (see below). See Canvas for a detailed explanation of the structure of your video pitch. (KS 1.1), (HO2.1, 2.2)
This is an assignment for the purposes of an extension.
Assessment: Business Model Report
As a team of entrepreneurs, you will create a business report that explains and justifies the final business model created by your team. You will submit a written business report and pitch the business model to potential investors Across the unit, you will have the opportunity to experience a range of entrepreneurial activities. These include using new concepts, developing a pitch, interacting with entrepreneurs, developing a business model, developing a sales strategy, and supporting it in a real-world environment. Your group is required to create a business report that explains and justifies the final business model created by your group, discussing any success or limitations in implementation that your group has found. The report should also showcase your group's collective capabilities and learning for teamwork that has occurred across the semester. See Canvas for a detailed explanation of the structure of your portfolio of work.
(KS1.1), (HO2.1, 2.2), (TS 4.2)
This is an assignment for the purposes of an extension.
Assessment: Reflection
You will self-assess your entrepreneurial mindset and reflect on how it has developed over the course of the semester. (TS4.1)
This is an assignment for the purposes of an extension.
Academic Integrity
Students are expected to engage in learning and assessment at QUT with honesty, transparency and fairness. Maintaining academic integrity means upholding these principles and demonstrating valuable professional capabilities based on ethical foundations.
Failure to maintain academic integrity can take many forms. It includes cheating in examinations, plagiarism, self-plagiarism, collusion, and submitting an assessment item completed by another person (e.g. contract cheating). It can also include providing your assessment to another entity, such as to a person or website.
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.
Further details of QUT’s approach to academic integrity are outlined in the Academic integrity policy and the Student Code of Conduct. Breaching QUT’s Academic integrity policy is regarded as student misconduct and can lead to the imposition of penalties ranging from a grade reduction to exclusion from QUT.
Requirements to Study
Requirements
No additional study requirements.
Costs
No additional costs.
Resources
A wide range of useful materials have been placed on the QUT Readings on the unit's Canvas site. These materials are recommended reading.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in 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: ULO2, Video Pitch, Business Model Report
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, Video Pitch, Business Model Report
KS (1.1): Discipline Knowledge
Relates to: ULO1, ULO2, Video Pitch, Business Model Report
TS (4.1): Self-Reflection and Accountability
Relates to: ULO3, Reflection
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO4, Business Model Report
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, ULO2, Video Pitch, Business Model Report - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO3, Reflection - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO4, Business Model Report
BS06 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, ULO2, Video Pitch, Business Model Report - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO3, Reflection - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO4, Business Model Report
BS08 Bachelor of Business - International
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, ULO2, Video Pitch, Business Model Report - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO3, Reflection - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO4, Business Model Report
Unit Outline: Semester 2 2024, Online
| Unit code: | MGB233 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 48credit points of completed studies. |
| Equivalent: | MGB227 |
Overview
The ability to think and act entrepreneurially is increasingly important in modern society, regardless of future career aspirations. This action-oriented unit is designed specifically to enable students to walk in the shoes of an entrepreneur and to experience the excitement, challenge and unpredictable nature of identifying, developing and communicating new venture value creation strategies. Further, this unit provides students with the opportunity to develop potential solutions for real world problems, and to present those solutions to their peers. Students will be able to reconcile their actions and experience to various frameworks, like the Disciplined Entrepreneurship framework.
Learning Outcomes
On successful completion of this unit you will be able to:
- Identify key components of Entrepreneurship frameworks to conceive new value and explain how such new value can be created and captured. Relates to: UG Business Capabilities: KS (1.1)
- Apply Entrepreneurship frameworks to explain the desirability, feasibility and viability of the proposed venture and value creation.
- Reflect on your ability to think and act in an entrepreneurial manner. Relates to: UG Business Capabilities: TS (4.1)
- Work in teams to communicate new value ideas to professional audiences. Relates to: UG Business Capabilities: TS (4.2)
Content
This unit's content includes:
- Entrepreneurship frameworks including Disciplined Entrepreneurship
- From Ideas to Value Creation
- From Value Creation to Persuasive Pitching
- From Persuasive Pitching to Delivery
In this unit contemporary, entrepreneurship-specific content and methodologies are used to support authentic, real and deep learning. The content aligns to the action students will take to develop and communicate a new venture that delivers value to others. As a result, through this unit, students will develop confidence and capability to engage in self-negotiated entrepreneurial action. The content will be delivered in a range of ways including large groups online, small group workshops, as well as a full day compulsory workshop.
Learning Approaches
This unit utilises a student-centred approach with the aim to support self-determined learning, in which student interests are combined with practical learning and support from the teaching team. As such, contemporary entrepreneurship-specific learning methodologies are employed to support authentic, real and deep learning. The desired outcome of the unit is the development of confident students more capable of self-negotiated entrepreneurial action. Students will be assessed as individuals in terms of understanding components of entrepreneurship frameworks and value creation strategy, as developed through group activity. A scaffolded approach is used for maximum personal growth.
Delivery Mode
A combination of lectures, group meetings and a one-day workshop will be offered across the semester. Please refer to timetable for more details.
COVID-19 restrictions may require changes to the planned Learning Approaches described here. Students should refer to the unit Canvas site for the latest information.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written or spoken form
- Indirect: to the whole class, either in written or spoken form
Assessment
Overview
General Assessment Information
The assessment in this unit aims to support your achievement of the learning objectives for both Discipline Knowledge and Other Graduate Capabilities. Assessment has been designed in order to allow you to:
1. Receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and,
2. Demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Video Pitch
As an entrepreneur, you will develop a new idea you are passionate about and pitch your ideas to follow entrepreneurs.. You are required to submit a video pitch presenting what you know about the opportunity, customer, market and your potential solution, with some background to yourself and the skills you bring and further need. This will be evaluated by your peers and used as the basis for forming teams to work towards completing the second assessment item (see below). See Canvas for a detailed explanation of the structure of your video pitch. (KS 1.1), (HO2.1, 2.2)
This is an assignment for the purposes of an extension.
Assessment: Business Model Report
As a team of entrepreneurs, you will create a business report that explains and justifies the final business model created by your team. You will submit a written business report and pitch the business model to potential investors Across the unit, you will have the opportunity to experience a range of entrepreneurial activities. These include using new concepts, developing a pitch, interacting with entrepreneurs, developing a business model, developing a sales strategy, and supporting it in a real-world environment. Your group is required to create a business report that explains and justifies the final business model created by your group, discussing any success or limitations in implementation that your group has found. The report should also showcase your group's collective capabilities and learning for teamwork that has occurred across the semester. See Canvas for a detailed explanation of the structure of your portfolio of work.
(KS1.1), (HO2.1, 2.2), (TS 4.2)
This is an assignment for the purposes of an extension.
Assessment: Reflection
You will self-assess your entrepreneurial mindset and reflect on how it has developed over the course of the semester. (TS4.1)
This is an assignment for the purposes of an extension.
Academic Integrity
Students are expected to engage in learning and assessment at QUT with honesty, transparency and fairness. Maintaining academic integrity means upholding these principles and demonstrating valuable professional capabilities based on ethical foundations.
Failure to maintain academic integrity can take many forms. It includes cheating in examinations, plagiarism, self-plagiarism, collusion, and submitting an assessment item completed by another person (e.g. contract cheating). It can also include providing your assessment to another entity, such as to a person or website.
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.
Further details of QUT’s approach to academic integrity are outlined in the Academic integrity policy and the Student Code of Conduct. Breaching QUT’s Academic integrity policy is regarded as student misconduct and can lead to the imposition of penalties ranging from a grade reduction to exclusion from QUT.
Requirements to Study
Requirements
No additional study requirements.
Costs
No additional costs.
Resources
A wide range of useful materials have been placed on the QUT Readings on the unit's Canvas site. These materials are recommended reading.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in 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: ULO2, Video Pitch, Business Model Report
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, Video Pitch, Business Model Report
KS (1.1): Discipline Knowledge
Relates to: ULO1, ULO2, Video Pitch, Business Model Report
TS (4.1): Self-Reflection and Accountability
Relates to: ULO3, Reflection
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO4, Business Model Report
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, ULO2, Video Pitch, Business Model Report - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO3, Reflection - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO4, Business Model Report
BS06 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, ULO2, Video Pitch, Business Model Report - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO3, Reflection - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO4, Business Model Report
BS08 Bachelor of Business - International
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, ULO2, Video Pitch, Business Model Report - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, Video Pitch, Business Model Report - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO3, Reflection - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO4, Business Model Report