ULMS Electronic Module Catalogue
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title ADVANCED ENTREPRENEURSHIP
Code ULMS360
Coordinator Dr T Xia
Strategy, IB and Entrepreneurship
Tianjiao.Xia@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2019-20 Level 6 FHEQ Second Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):
 

Modules for which this module is a pre-requisite:
 

Programme(s) (including Year of Study) to which this module is available on a required basis:
 

Programme(s) (including Year of Study) to which this module is available on an optional basis:
 

Teaching Schedule
  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours 16

   4

 16

     36
Timetable (if known)              
Private Study 114
TOTAL HOURS 150

Assessment
EXAM Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
             
CONTINUOUS Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
Assessment 1: Group Report Assessment Type: Coursework Size: 3500 Words Weighting: 55% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies Anonymous   -3500 words    55       
Assessment 2: Individual Reflection Assessment Type: Coursework Size: 1500 Words Weighting: 45% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies A  -1500 words    45       

Aims

This module is aims to develop an ability to develop entrepreneurial ideas and to turn them into a concrete business plan. It aims to support those students who are considering a career in business support and consultancy and at developing entrepreneurship and small firms.

Learning Outcomes

(LO1) Work independently and within a small group in order to effectively organise and cooperate to complete the range of tasks required to transform an entrepreneurial idea into a business plan

(LO2) Carry out in-depth research and analysis on the different elements required to draft a detailed business plan (including sales and marketing; organisation; operations; finance; and overall strategy) which is realistic and comprehensive

(LO3) Synthesise the main elements of the business plan to attract financial support for the start-up idea from a range of potential investors

(LO4) Recognise and reflect on the key skills and attributes required in order to develop a coherent business plan as well as the challenges involved in trying to develop a real start up

(S1) Adaptability

(S2) Problem-solving skills

(S3) Numeracy

(S4) Commercial awareness

(S5) Teamwork

(S6) Organisational skills

(S7) Communication skills

(S8) International awareness

(S9) Lifelong learning skills

(S10) Ethical awareness

(S11) Leadership

Teaching and Learning Strategies

Teaching Method: Lecture
Description: Lecture
Scheduled Directed Student Hours: 16
Attendance Recorded: Yes

Teaching Method: Tutorial
Description: Group meetings to discuss progress with respective projects
Scheduled Directed Student Hours: 4
Attendance Recorded: Yes

Teaching Method: Laboratory Work
Description: Work in PC Lab to carry out the SimVenture business simulation
Scheduled Directed Student Hours: 16
Attendance Recorded: Yes

Self-Directed Student Hours: 114
Description: Self-Directed Learning will include research activity, developing academic writing skills, and wider reading to support the module

Costs Information:
Students will not incur additional costs when taking this module

There are the following non-modular requirements:
ULMS252 or ULMS259

Syllabus
 

Week 1: Key issues in entrepreneurship and developing a start-up via SimVenture;

The first session will provide an introduction to the course reviewing the main aims of the module, the ways in which it will be taught and the ways that the various elements will be assessed. In addition, an overview of the issues and perspectives in the field of entrepreneurship will be given;

The SimVenture business simulation will also be introduced and the students will form their small groups to develop their business plan for the subsequent sessions;

Lastly, this session will provide an overview of what is required to develop the individual start-up ideas; how to carry the weekly learning log/diary, which will be carried out after the simulation is completed;

Weeks 2, 3 and 4: SimVenture simulation;

These sessions will be used to carry out the business simulation which will form the basis for the group report and presentation. Week 4 will involve the presentations fr om each team of the SimVenture simulation;

Weeks 5 to 11: Self-learning work;

Each student will submit their weekly learning log/diary to the course leader at a specified time. These sessions will be used to carry out the business simulation which will form the basis for the group report and presentation. Week 4 will involve the presentations from each team of the SimVenture simulation. In addition, each student will be expected to contribute to the VITAL forum to share knowledge to others on the course;

Week 12: Summary session;

The final session of the course will focus on linking together the different elements of the module and to allow the students to feedback on their learning experiences.

Recommended Texts
Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.