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.
Code ULMS360
Coordinator Professor R Ragozzino
Strategy, IB and Entrepreneurship
Year CATS Level Semester CATS Value
Session 2021-22 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     12



Timetable (if known)     60 mins X 1 totaling 12
    60 mins X 1 totaling 12
Private Study 102


EXAM Duration Timing
% of
Penalty for late
CONTINUOUS Duration Timing
% of
Penalty for late
Assessment 2: Individual Report Assessment Type: Coursework Size: 2000 Words Weighting: 70% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies Anony      70       
Assessment 1: Group Report Assessment Type: Coursework Size: 1000 Words Weighting: 30% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies Anonymous       30       


This module aims to develop a solid understanding of the entrepreneurial business cycle. It aims to support those students who are considering a career in business support and consultancy and at developing entrepreneurship and small firms.

Among other aims, at the end of the course, you should be able to:

1. Explain why a buoyant transfer market is fundamental to an entrepreneurial economy

2. Focus on the process through which entrepreneurial firms are able to gather the strategic resources needed to support their growth and bring their products and services to market

3. Understand the typology of resource providers available to entrepreneurs, as well as their incentives

4. Understand the liquidity events through which the entrepreneurial cycle ends, as well as their differences and similarities

5. Develop written and oral communication skills through group discussions, in-class presentations and coursework

6. Think critically about entrepreneurial organizations’ issues and dilemmas. This will be accomplished by gathering and synthesizing information, analysing alternative perspectives and options, and presenting a considered opinion or course of action

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 entrepreneurial cycle 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 the module

(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 Delivery: Mixed, hybrid delivery with social distancing on campus

Teaching Method: Online Asynchronous Learning Material
Description: Recorded learning resources
Unscheduled Directed Student Hours: 24
Attendance Recorded: No

Teaching Method: Tutorial
Description: Group meetings to discuss progress with respective projects
Scheduled Directed Student Hours:12
Attendance Recorded: Yes

Teaching Method: Group Study
Description: Weekly 1 hour session to foster student community and engagement by working with others on their ‘active learning’ activities
Scheduled Student Hours: 12
Attendance Recorded: No

Self-Directed Student Hours: 102
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



Weeks 1-3: What is Strategy? What is Entrepreneurship?

Weeks 4-8: Raising Capital – Understanding the Alternatives

Weeks 9-10: Exiting Options – IPOs & Acquisitions

Week 11-12: Student Presentations;

Recommended Texts

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