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MMM241 - Entrepreneurship and Innovation

Year:

2022 unit information

Enrolment modes:Trimester 1: Burwood (Melbourne), Online
Trimester 2: Burwood (Melbourne), Waterfront (Geelong), Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 1: Fara Azmat

Trimester 2: Andrew Creed
Prerequisite:

Nil

Corequisite:Nil
Incompatible with: MMMM241
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus:

1 x 2 hour class and 1 x 1 hour seminar per week

Scheduled learning activities - cloud:

1 x 2 hour class (recordings provided) + 1 hour online seminar weekly (recordings provided)

Content

The purpose of the unit is to provide students with an understanding of the dynamic and multidisciplinary nature of entrepreneurship. It aims to foster students’ entrepreneurial mindset to harness and apply innovative ideas in all organisational types and contexts for generating positive economic, social or and environmental change. It does this by discussing a range of processes and strategies to develop students’ knowledge, and creative skills for ideation, development and commercialisation of business ventures. 

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Apply entrepreneurial skills and knowledge to authentic situations

GLO1: Discipline-specific knowledge and capabilities

ULO2

Articulate and reflect on entrepreneurial career opportunities

GLO6: Self-management

ULO3

Analyse the dimensions of creating a sustainable business venture

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO4

Identify the characteristics of, and individual’s contribution towards, effective teamwork practices

GLO7: Teamwork

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week
Assessment 1 (Individual) - Report (Analytical) Identifying and Analysing entrepreneurial mindset 1000 words 20% Week 5

Assessment 2 (Individual) -

Report (Business Plan)  

Develop a business plan for your chosen business idea which includes the following: 

  • Business description: uniqueness, value proposition 
  • Source of Finance 
  • Sustainability 
  • Critical risks  
  • Lean Canvas model (one A3 page) 

2500

 

40% Week 8

(Group of 3 and individual) Report and Video
Part A (Group of 3): Report
Part B (Individual): Video interview

Part A: 1000 words
Part B: 6 minutes
Part A:20%
Part B: 20%
Part A: Week 10
Part B: Week 11

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MMM241 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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