MGB161 Thinking Like an Entrepreneur


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 Outline: Semester 2 2026, 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 the meaning of entrepreneurship and your role as an entrepreneur in the practice of identifying opportunities for value creation in a socially/ethically responsible manner incorporating differing perspectives on the meaning of value. [HO 2.1, SE 5.1, 4.2]
  2. Identify the characteristics, attributes and behaviours of individuals who are entrepreneurially minded. [KS 1.1]
  3. Apply advanced digital capabilities 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. [KS 1.2, TS 4.1]
  4. Clearly articulate the outcomes of your analysis and reflections to intended audiences. [PC 3.1, 3.2]

Content

In this unit, you will examine what it means to think and act like an entrepreneur by exploring key aspects of mindset, identity and responsible practice through topics such as:

  • 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

QUT Business Capabilities (Undergraduate)

The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.

Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.

Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
2.2 Exercise independent judgment and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.

Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.

Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.

Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.

Learning Approaches

The teaching and learning approaches in this unit incorporate a number of methods to engage students to evaluate themselves, work with others, and develop experience in applying structured problem solving methods. The lectures and tutorials have been tailored to create engaging platforms for discussion, insight, and exploration of key concepts to elevate your engagement with and effectiveness of your team and identify essential skills and expectations for navigating the graduate employment world.

This learning approach emphasises practice-based methods that allow students to actively apply entrepreneurial theories, tools, and mindsets to real-world contexts. Through workshop-style approaches, venture insights, team-based projects and the use of specific innovation frameworks, students are encouraged to experiment, iterate, and learn from feedback. This approach fosters critical reflection, creativity, and an entrepreneurial mindset while cultivating skills in opportunity recognition, customer analysis, venture design, and ethical decision-making. Students thus not only develop technical and analytical competencies, but also strengthen their capacity to communicate persuasively, exercise independent judgment, and lead in uncertain, dynamic environments.

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.

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.

The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorized in this assessment. See the relevant assessment details in Canvas for specific guidelines.

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

Formative or Summative: Summative

Business Capabilities (AoL goals): KS (1.2), PC (3.1), TS (4.1), SE (5.1)

Weight: 50
Length: 1500 words
Individual/Group: Individual
Due (indicative): Week 6
Related Unit learning outcomes: 1, 3, 4

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.

The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorized in this assessment. See the relevant assessment details in Canvas for specific guidelines.

This assessment item is based on teamwork and provides evidence of achievement of associated Unit Learning Outcomes and Course Learning Outcomes. Individual submissions/presentation will not be accepted.

This assessment item requires your attendance at your scheduled tutorial/session.

This assignment is not eligible for the 48-hour late submission period and assignment extensions.

Formative or Summative: Formative

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

Weight: 50
Length: 15 minutes
Individual/Group: Individual and group
Due (indicative): Week 13
Related Unit learning outcomes: 1, 2, 4

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 learning and teaching activities in this unit. 

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, Entrepreneurship & Purpose

KS (1.1): Discipline Knowledge

Relates to: ULO2, Entrepreneurship & Purpose

KS (1.2): Technical and Technological Skills

Relates to: ULO3, What is your Entrepreneurial Vision?

PC (3.1): Professional Communication (Written)

Relates to: ULO4, What is your Entrepreneurial Vision?

PC (3.2): Professional Communication (Oral)

Relates to: ULO4, Entrepreneurship & Purpose

SE (5.1): Ethical and Legal Understanding

Relates to: ULO1, What is your Entrepreneurial Vision?

TS (4.1): Self-Reflection and Accountability

Relates to: ULO3, What is your Entrepreneurial Vision?

TS (4.2): Teamwork Knowledge and Skills

Relates to: ULO1, Entrepreneurship & Purpose

Course Learning Outcomes

This unit is designed to support your development of the following course/study area learning outcomes.

BS05 Bachelor of Business

  1. 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: ULO2, Entrepreneurship & Purpose
  2. Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
    Relates to: ULO3, What is your Entrepreneurial Vision?
  3. Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
    Relates to: ULO1, Entrepreneurship & Purpose
  4. Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
    Relates to: ULO4, What is your Entrepreneurial Vision?
  5. Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
    Relates to: ULO4, Entrepreneurship & Purpose
  6. Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
    Relates to: ULO3, What is your Entrepreneurial Vision?
  7. Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
    Relates to: ULO1, Entrepreneurship & Purpose
  8. Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
    Relates to: ULO1, What is your Entrepreneurial Vision?

BS08 Bachelor of Business - International

  1. 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: ULO2, Entrepreneurship & Purpose
  2. Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
    Relates to: ULO3, What is your Entrepreneurial Vision?
  3. Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
    Relates to: ULO1, Entrepreneurship & Purpose
  4. Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
    Relates to: ULO4, What is your Entrepreneurial Vision?
  5. Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
    Relates to: ULO4, Entrepreneurship & Purpose
  6. Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
    Relates to: ULO3, What is your Entrepreneurial Vision?
  7. Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
    Relates to: ULO1, Entrepreneurship & Purpose
  8. Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
    Relates to: ULO1, What is your Entrepreneurial Vision?