This module will be delivered using a variety of teaching and learning strategies including lectures, tutorials, group learning activities and guest lectures. The development and enhancement of students’ communication skills will be facilitated through class and group interaction.
Module Aim:
The aim of the module is to introduce the students to the concept of Entrepreneurship and the promotion and development of entrepreneurial conduct in the IT sector in Ireland. An examination of the key strategic issues involved will provide the students with the necessary theoretical knowledge to develop innovation and entrepreneurial practices in IT companies.
Learning Outcomes
On successful completion of this module the learner should be able to:
LO1
Define the characteristics, traits and attributes of an entrepreneur.
LO2
Define the role of an Entrepreneur in the IT sector in Ireland and evaluate the Entrepreneurial process.
LO3
Appraise and evaluate the management and marketing strategies in a new enterprise.
LO4
Identify and evaluate the supports and sources of finance for Entrepreneurs in Ireland.
LO5
Comprehend the legal issues involved in setting up a new business venture.
LO6
Formulate, appraise and present a business plan for a new venture.
Pre-requisite learning
Module Recommendations
This is prior learning (or a practical skill) that is recommended before enrolment in this module.
No recommendations listed
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements
This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed.
No requirements listed
Module Content & Assessment
Indicative Content
Introduction to Entrepreneurship
Definition and concept of Entrepreneurship; Characteristics, traits and attributes of an Entrepreneur; The role of the Entrepreneur in the IT sector in Ireland.
New Business Planning & Strategy
Lean start-ups; Business planning process; Business Model Canvas; Outline & format of a business plan; Managing a new business venture; Marketing in a new enterprise.
The Legal and Regulatory Environment
Legal structures for organisations, their formation and characteristics; Legal protection for patents, copyright and trademarks.
Supports for Entrepreneurs
Enterprise Ireland; Local Enterprise Office; Leader Programmes; Networks and Alliances; Financial Services Institutions.
Sources of finance for a new venture
Types of finance; Sources of finance; Financial Management.
Financial statements and Budgeting
Financial statements and their interpretation; Purpose of budgets; Budget setting process; Preparation of budgets.
Business Plan
The importance of business planning; The business planning process; structure, layout and preparation of a business plan.
Assessment Breakdown
%
Continuous Assessment
20.00%
Project
80.00%
Continuous Assessment
Assessment Type
Assessment Description
Outcome addressed
% of total
Assessment Date
Examination
Written class tests at the end of key sections will be used to assess student learning.
1,2,3,4,5
20.00
n/a
Project
Assessment Type
Assessment Description
Outcome addressed
% of total
Assessment Date
Project
Students will be required to complete a number of small projects throughout the year. A typical project may involve pitching a business idea; producing a business Model Canvas or producing a poster to be targeted at potential investors or a chosen market segment.
2,3,4,5
40.00
n/a
Project
Students will be required to develop, formulate and present a business plan.
6
40.00
Week 30
No Practical
No End of Module Formal Examination
SETU Carlow Campus reserves the right to alter the nature and timings of assessment