Professional Practice 5N SIT5001

  • Academic Session: 2024-25
  • School: Adam Smith Business School
  • Credits: 20
  • Level: Level 5 (SCQF level 11)
  • Typically Offered: Runs Throughout Semesters 1 and 2
  • Available to Visiting Students: No
  • Collaborative Online International Learning: No

Short Description

This course is designed to introduce the concepts of entrepreneurial planning through developing knowledge, understanding and practice in creating a business plan.

Timetable

Mondays, Wednesdays, Thursdays 12.00 - 1.00 p.m

Requirements of Entry

Students must have completed all Engineering course requirements to be eligible to proceed to Year 4 of their programme before taking this course

Excluded Courses

Entrepreneurship 1B: New Venture Planning

9GZU Business Planning for Scientists 1 (15B)

Entrepreneurship 1B 8UUU

Entrepreneurship and Business Planning (Hons and Level 3)

Co-requisites

None

Assessment

ILO

Assessment

Weighting

Word length/duration

 

Individual Assignment

30%

 

 

Group Business Plan

70%

 

Course Aims

This course is designed to introduce the concepts of new venture and entrepreneurial planning through knowledge, understanding and practice in the use of developing the business plan. The course is also designed to introduce students to the issues crucial to the development of new ventures, the role of the entrepreneur and the entrepreneurial team, and the relationship of the new venture to its environment. It will also include the main functional areas of marketing, operations and finance. The course will draw on the growing body of research and literature related to the development of new ventures.

Intended Learning Outcomes of Course

By the end of this programme students will be able to:

 

Prepare a business plan for a new venture start or development;
Demonstrate an understanding of the processes and procedures for developing a new venture;

 

Analyse new venture information to identify the viability or otherwise of a proposal, including:

■ presenting new venture ideas;

■ its relationship to a defined market;

■ describing the relationships between the various business functions;

■ developing a business model.

 

Identify and address relevant aspects of sustainability and environmental impact;
Identify and contact non university support agencies;

Show evidence of skills and capability in:

■ critically engaging with and evaluating texts and journal articles;

■ team-working;

■ appraising the work of other students;

■ independent analysis of management problems;

■ communicating conclusions effectively;

■ identifying and addressing relevant aspects of sustainability and environmental impact;

■ practising project planning techniques;

■ collecting and analysing market data;

■ carrying out personal and profession planning

Minimum Requirement for Award of Credits

N/A