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MN50576: Fundamentals of entrepreneurship

[Page last updated: 05 August 2021]

Academic Year: 2021/2
Owning Department/School: School of Management
Credits: 6 [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Masters UG & PG (FHEQ level 7)
Semester 1
Assessment Summary: CW 100%
Assessment Detail:
  • Coursework (CW 100%)
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Aims: This unit introduces the fundamental concepts, theoretical models and practical understanding of the entrepreneurial process.

Learning Outcomes: At the end of this unit, students will be able to:
* Understand the nature of entrepreneurial opportunities and how they unfold from an initial idea to the set-up and growth of new ventures.
* Reflect on the skills and behaviours entrepreneurs need to develop and engage in when dealing with uncertainty of opportunities and resources.
* Analyse the entrepreneurial process from multiple theoretical perspectives and in different environments (social, market, corporate, etc)
* Apply the principles of entrepreneurship to real life situations,

Skills: Intellectual skills:
* Recognise the contribution of parent disciplines (economics, psychology, and sociology) to the study of entrepreneurship
* Compare opportunities and challenges for entrepreneurship in various contexts
Practical skills:
* Be able to identify trends and conditions supporting entrepreneurship
* Make use of the experience of real-life entrepreneurs as role models.
Transferable skills:
* Enhance individual attitude towards entrepreneurship
* Familiarize with key concepts and practices of entrepreneurship.

Content: Systemic context (technology-economy). Differences between self-employment and entrepreneurship. Entrepreneurial traits and heuristics. Sources and forms of opportunities. Resource acquisition and entrepreneurial teams. New ventures. Family businesses. Social and corporate entrepreneurship. International entrepreneurship.

Programme availability:

MN50576 is Compulsory on the following programmes:

School of Management


  • This unit catalogue is applicable for the 2021/22 academic year only. Students continuing their studies into 2022/23 and beyond should not assume that this unit will be available in future years in the format displayed here for 2021/22.
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