Module manager: Emilee Simmons
Email: E.L.Simmons@leeds.ac.uk
Taught: Semester 1 (Sep to Jan) View Timetable
Year running 2014/15
| LUBS1015 | Enterprise in Action |
| LUBS1120 | Enterprise and Entrepreneurship |
This module is not approved as a discovery module
This is practical experience in setting-up and running a business. It is supported by academic staff, and a multi-award winning business simulation software, "SimVenture", allowing students to delve into the issues of planning, financing, managing and operating their own virtual company. In small groups, students use the business simulation game to establish a virtual company, which allows them to learn about business and being an entrepreneur. SimVenture is a business game driven by decisions made by the users. Therefore, students make decisions about all aspects of their business, while they monitor the impacts of each decision, evaluate their progress and change their strategies and consequent actions. This module is supported by both online learning and on-campus workshops.
This module aims to provide students with the opportunity to learn about entrepreneurship and business planning both independently and in groups using videos, podcasts, reading and other online materials. Within workshops students will be provided with the opportunity to take what they’ve learnt online and put this into practice, during innovative and collaborative activities.
Upon completion of this module students will be able to:
- Recognise and apply basic general small business management skills in the areas of planning, organising, directing & controlling
- Identify and apply standard management practices
- Recognise the underlying principles of how enterprises are created and run
Upon completion of this module students will be able to:
Transferable
- Apply a range of key skills to Decision Making, Group Work, Business Planning, Self-Directed Learning and Problem Solving
- Employ functional concepts & operations in activities
Subject specific
- Reflect on their own personal goals and values in relation to starting an enterprise
Indicative content:
- Understanding entrepreneurship and enterprise creation
- Developing management practices such as committee meeting procedures, action-planning, analysis and evaluations
- Understanding management function roles that shape a company including marketing, finance, HR, sales and operations
- Understanding the range of funding available to start a new business
- How to articulate a business plan and pitch to potential investors
Students will become part of collaborative group to form a new venture in order to understand how businesses are formed and developed.
| Delivery type | Number | Length hours | Student hours |
|---|---|---|---|
| Group Project | 1 | 2 | 2 |
| Seminars | 10 | 2 | 20 |
| Private study hours | 78 | ||
| Total Contact hours | 22 | ||
| Total hours (100hr per 10 credits) | 100 | ||
Online Collaborative Learning
- 20 hours of online coursework & activities
Self-Directed study
- 23 hours Company meetings and activities
- 20 hours preparing assessed coursework
- 15 hours learning materials (online & offline)
Attendance will be expected at every session, and non-attendance without good reason followed up.
Each in-class session is interactive with group work and discussion, with online activities allowing for individual reflection as well as group collaboration, so involvement is key to this process. Progress will be monitored and issues will be addressed during the interactive workshop and online learning sessions.
| Assessment type | Notes | % of formal assessment |
|---|---|---|
| Presentation | Each company will present a 2-minute pitch on their business with support from a 1-page Executive Summary hand-out | 30 |
| Report | Each student submits a Final Report of 1,800 words reflecting on group work and individual skills learnt across the course | 70 |
| Total percentage (Assessment Coursework) | 100 | |
Resit by 2 hour written examination.
The reading list is available from the Library website
Last updated: 2/25/2015
Errors, omissions, failed links etc should be notified to the Catalogue Team