IB151-15 Foundations of Entrepreneurship
Introductory description
This is an elective module for first year non-WBS students. It can be taken on it's own, or along with other WBS modules as part of the Business and Management pathway. Please speak to your home department for more information.
The module aims to:
- provide non-WBS students with key principles in entrepreneurship
- give a theoretical and practical introduction to the process of developing a business idea,
- provide students with the tools and encouragement to continue their entrepreneurship journey within the University of Warwick and beyond.
Module aims
The module aims to:
- provide non-WBS students with key principles in entrepreneurship
- give a theoretical and practical introduction to the process of developing a business idea,
- provide students with the tools and encouragement to continue their entrepreneurship journey within the University of Warwick and beyond.
Outline syllabus
This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.
Students will develop a business for a product or service of their choice. The elements of the course will cover the aspects necessary to develop a business idea. Sessions will include:
- Opportunities
- Innovation
- Intellectual property
- Lean startup approach
- Business models
- Finding Resources
- Communication
- Business idea coaching
- Growth
Learning outcomes
By the end of the module, students should be able to:
- Understand the key principles of entrepreneurship to the development of a business idea
- Create a business idea pitch
- Appraise the strength of a business idea
- Demonstrate the ability to analyse the entrepreneurial process
Indicative reading list
Barringer, B.R. and Ireland, R.D. (2010) Entrepreneurship: Successfully Launching New Venture , Harlow: Pearson
Barrow, C., Barrow, P. and Brown, R. (2015) The Business Plan Workbook: a practical guide to new venture creation and development, London : KoganPage.
Bhide, A. (1992) 'Bootstrap Finance: The Art of Start-Ups' Harvard Business Review, 70, 6, pp. 109-17
Mollick, E. (2020). The Unicorn's Shadow. Wharton School Press - this book has five chapters and is classed as essential reading.
Neck, H.M., Neck, C.P., & Murray, E. L. (2018). Entrepreneurship: The practice and mindset. Sage.
Ries, E. (2011), The Lean Startup: How Constant Innovation Creates Radically Successful Businesses, London ; New York : Portfolio Penguin
Shane, S. (2003). A general theory of entrepreneurship. Cheltenham: Edward Elgar.
Subject specific skills
Identify an entrepreneurial opportunity
Develop a business model
Appraise the resources needed to support their business idea
Transferable skills
Develop written skills in business presentation and communication
Apply research skills to a business idea
Study time
Type | Required |
---|---|
Lectures | 10 sessions of 1 hour (13%) |
Seminars | 9 sessions of 1 hour (12%) |
Online learning (independent) | 10 sessions of 1 hour (13%) |
Private study | 49 hours (63%) |
Total | 78 hours |
Private study description
Independent learning
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Assessment group A
Weighting | Study time | Eligible for self-certification | |
---|---|---|---|
Individual Assignment | 90% | 65 hours | Yes (extension) |
Participation | 10% | 7 hours | No |
Assessment group R
Weighting | Study time | Eligible for self-certification | |
---|---|---|---|
Individual Assignment | 100% | Yes (extension) |
Feedback on assessment
In class and on my.wbs
Post-requisite modules
If you pass this module, you can take:
- IB3N2-15 Decision Making in Entrepreneurship
- IB3L3-15 Innovation Management
- IB3L4-15 Lean Startup
Courses
This module is Core optional for:
- Year 1 of UGEA-RN21 Undergraduate German and Business Studies
This module is Optional for:
-
UECA-3 Undergraduate Economics 3 Year Variants
- Year 1 of L100 Economics
- Year 1 of L116 Economics and Industrial Organization
- Year 1 of UECA-LM1D Undergraduate Economics, Politics and International Studies
- Year 1 of UPXA-F3N2 Undergraduate Physics with Business Studies
This module is Unusual option for:
- Year 1 of UPHA-L1CA Undergraduate Economics, Psychology and Philosophy