Entrepreneurship
6 Credits (ECTS)
Entrepreneurship
Get 70% back via Tax Credit
€280 refund on this module
Module Description
Entrepreneurship is the development of a business idea, and the task of an entrepreneur is to give life to this idea from scratch.
An entrepreneur needs to be an all-rounder since s/he must have good business acumen, have the ability to recognize the right opportunity and also be familiar with business tools which will aid him in his/her endeavor.
An entrepreneur needs to also have good leadership skill as well as the ability to choose and train people for the various roles. A good entrepreneur also needs to know his market since if the service or product one is selling fails the business will be in trouble.
Therefore such a unit is essential in the life of any professional since even though one might not have his/her own business, a manager needs to cater for all this as well as look for and create business opportunities for own company or organization.
Entry Requirements
Candidates who apply for this course must possess:
- a qualification at MQF Level 4 (one ‘A’ Level or equivalent in any subject)
AND
- a pass in English* and Mathematics at MQF Level 3 (‘O’ Level or equivalent).
Preference is given to applicants having a year of work experience related to the field of study.
*Students whose first language is not English will be required to demonstrate evidence of an adequate level of English proficiency.
Target Audience
This course is targeted at people who wish to have a thorough background in management in order to progress further in their careers, such as:
- Supervisors
- Coordinators
- Assistant Managers
- Junior Managers
- Middle Managers
- Project Coordinators/ Project Managers
The target group can also be extended to groups that have significant management experience but lack a formal qualification, such as managing directors and officers.
Module / Unit Instructions
The proposed structure comprises a blended approach promoting the building of a community of practice via peer-to-peer learning. The structure uses primarily two dimensions of teaching-learning modes:
1. Face-to-face sessions: 18 hours
2. Online Learning Activities: 12 hours
Face to Face sessions
Face-to-face sessions include lectures, tutorials, discussions, presentations and workshop activities promoting peer-to-peer learning.
Online Learning Activities
Online learning activities incorporate tutorials and asynchronous discussions. These may consist of active interaction, participation and contributions in fora discussions, sharing resources and self-reflection exercises.
Learners also contribute to the building of the community of practice by providing feedback to their peers as critical friends, enhancing the learner’s critical engagement throughout the study period.
The tutor provides continual support during both teaching -learning modes by providing information, readings and tasks relevant to the module in question.
The tutor provides continuous formative feedback as an on-going guidance during the student’s learning experience in preparation for their summative assessment.
How you’ll be assessed
Assessment of each module consists of two assignments, each carrying a weighting as below:
a) One Formative assignment carries 20% of total module mark achieved. b) One Summative assignment carries 80% of total module mark achieved.
For successful completion of a study module the student is required to achieve a minimum of 41% pass mark in both the formative and the summative assignment.
The overall grade achieved for each module is calculated as the sum of: · 20% of the mark achieved for formative assignment; and · 80% of the mark achieved for the summative assignment.
All assignment tasks of both formative and summative assessment aim to provide the learner an opportunity to produce evidence of his/her competences aligned to the learning outcomes of each individual Module.
Assessment
a) Formative assessment tasks are provided in the form of structured online discussions that support learners in their development throughout all of the modules studied.
Such discussions are facilitated and monitored by lecturer who provides students with constructive feedback to help them improve and prepare for summative assignment and dissertation.
For successful completion of a study module the student is required to achieve a minimum of 41% pass mark in the formative assignment.
Formative assessment tasks will contribute to the student’s final mark to acknowledge their work and give chance to improve.
This method allows students to also contribute to the building of the community of practice by providing feedback to their peers as critical friends, enhancing the learner’s critical engagement throughout the study period.
b) Summative assessment is done via one assignment at the end of each module. The mode of assessment varies and may include in-class assignments, and home-based written assignments.
The assessment tools for this module are proposals or presentations.
Word count range: 1500 ± 10%
For successful completion of a study module the student is required to achieve a minimum of 41% pass mark in summative assignment.
Module Intake Dates
TBC 2024
Additional Info
Reading for the entire Bachelor of Science (B.Sc.) in Management as presented in this brochure costs €9,000.*
The cost for the different exit points is as follows:
- Certificate in Business Management : €2,000
- Diploma in Business Management: €4,000
- Higher Diploma in Business Management: €6,000
Upon successful completion of this course, students will be eligible for a 70% refund of the cost through the ‘Get Qualified’ scheme.**
Due to the modular structure of the course, you may also opt to take individual modules as stand-alone. The entry requirements still apply.***
*Prices are applicable to students who reside in Malta at the time of applying.
Learning Outcomes
Competences:
At the end of the module/unit the learner will have acquired the responsibility and autonomy to:
- Develop a business plans to meet own business vision and target audience.
- Deal effectively with the day-to-day tasks of running own business.
- Build own team of driven goal oriented employees.
- Evaluate own business plan to mitigate any problems.
- Carry out a risk assessment of own business plan and vision.
- Create an action plan showing deadlines, tasks and participants.
Knowledge:
At the end of the module/unit the learner will have been exposed to the following:
- The role of an Entrepreneur.
- The business Idea.
- Problem Solving and Decision Making Tools.
- Communication and Interpersonal Skill.
- Leadership Skills.
- Organisational Skills.
- The Business Plan.
- Building the team.
- Division of Responsibilities.
- Market Analysis.
- Forecasting and Budgeting.
- Risk Analysis Methods and Techniques.
- Knowing own clients or consumers.
Skills:
At the end of the module/unit the learner will have acquired the following skills:
- Use the appropriate business and software tools when working on own business plan.
- Collect data and information to aid you in decision making and planning.
- Use forecasting tools to anticipate any problems that might arise.
- Prepare an expense list according to allocated budget.
- Work on own communication and interpersonal skills.
Judgment Skills and Critical Abilities:
The learner will be able to:
- Analyse case studies of situations similar to own case to learn from mistakes and good practices.
- Determine own target audience to market own product or service accordingly.
- Recognise the right business opportunities.
- Choose the right people for the required tasks to set your business plan in motion.
- Identify resources needed and ensure that it’s within own budget.
- Determine own budget to ensure to keep within limits.
Module-Specific Communication Skills:
The learner will be able to:
- Explain the characteristics that a good entrepreneur requires to be successful.
- Present the role of an entrepreneur and the importance of having a good business plan.
- Write a business plan showing business vision.
- Communicate effectively and continuously with own team.
Module-Specific Digital Skills and Competences:
The learner will be able to:
- Navigate through the online learning platform to benefit from assignments, discussion boards, literature, tutorials etc.