EnglishSkillsOne by Dr Premanand M E
Programme
BBA INTERNATIONAL BUSINESS HONOURS
Course Code
BIB1FM105
Course Title
Entrepreneurship & Startups
Type of Course
MDC
Semester
1
Academic Level
100 – 199
Course Details
Credit
Lecture per week
Tutorial per week
Practicum per week
Total Hours
3
3
-
45
Pre-requisites
An idea about fundamental business concepts will be an advantage. An interest in starting new ventures will always help in excelling in this paper.
Course Summary
This course explores the essentials of entrepreneurship and introduction on startups. This course will give a comprehensive understanding of the entrepreneurial mindset, develop essential skills to identify and evaluate business ideas, and learn the steps involved in building a thriving business plan
Course Outcomes (CO):
CO
CO Statement
Cognitive Level*
Knowledge Category#
Evaluation Tools used
CO1
Identify the characteristics and skills of successful entrepreneurs.
U
C
Case study
CO2
Develop a process for generating and evaluating business ideas.
Ap
P
Brainstorming exercises
CO3
Create a comprehensive business plan for a new venture.
Ap
P
Presentation
CO4
Explore funding options and financial management for startups.
An
C
Group Discussion and field visits
CO5
Learn about marketing strategies and customer acquisition for startups.
Ap
P
Presentation
CO6
Gain insights into the challenges and opportunities faced by startups in today's market and how to pitch a business idea in the competitive market
Ap
P
Presentation
* - Remember (R), Understand (U), Apply (Ap), Analyse (An), Evaluate (E), Create (C)
# - Factual Knowledge(F) Conceptual Knowledge (C) Procedural Knowledge (P) Metacognitive Knowledge (M)
Detailed Syllabus:
Module
Unit
Content
Hrs (60)
Internal (30)
External (70)
I
Introduction to Entrepreneurship
1
What is entrepreneurship? Success stories of Entrepreneurs, Case studies on Uber and Warby Parker, Story of ID Fresh
2
Failure studies of Entrepreneurs, Case study on Failure of Kellogs in Indian Market
3
Understanding the importance of identifying the opportunities in the market by validating customer requirements in entrepreneurship.
II
Business Idea generation by identifying Opportunities
4
Brainstorming Techniques for Idea Generation, Identifying Market Needs and Gaps, Analyze for areas where consumer needs are not being fully met
5
Validating Business Ideas
6
Market Research and Customer Discovery, Clarify Unique Selling Proposition
7
Financial, operational and technical feasibility of the idea generated
8
Drafting a Business Idea from the result of brainstorming and feasibility studies
III
Building a Business Plan
9
Key Components of a Business Plan
10
Market Analysis and Competitive Landscape, Revenue generation methods,
11
Financial Projections and Forecasting
12
Marketing and Sales Strategies
13
Management Team and Operational Plan
IV
Launching and Managing a Startup
10
14
Choosing the Right Legal Structure for your Business
15
Fundraising Strategies for Startups: Bootstrapping, Angel Investors, Venture Capital, Financial Management and Accounting for Startups, Government schemes to support start up, Government institutions helping start up
16
Building and Managing a High-Performance Team
17
Marketing and Sales Strategies for Startups: Customer Acquisition and Retention
V
Open ended module
7
18
Create and present a complete business plan
19
Pitch product /service to attract investors by crafting a compelling story
Text books and Reference Books
Hazelgren, B. J., & Covello, J. A. (2018). The complete book of business plans: Simple steps to writing powerful business plans. AMACOM.
Osterwalder, A., & Pigneur, Y. (2010). Business model generation: A handbook for visionaries, game changers, and challengers. John Wiley & Sons.
McGonagle, M. P. (2020). Writing a modern business plan. Routledge.
Kuratko, D. F., & Rao, T. V. (2017). Entrepreneurship: Theory, Process, and Practice. Cengage Learning India.
Desai, V., & Desai, V. (2017). Entrepreneurship: Concepts, Theory and Perspective. Wiley India Pvt. Limited.
Ries, E. (2011). The lean startup: How today's entrepreneurs use continuous innovation to create radically successful businesses. Crown Business.
Thiel, P., & Masters, B. (2014). Zero to one: Notes on startups, or how to build the future. Currency.
Osterwalder, A., & Pigneur, Y. (2010). Business model generation: A handbook for visionaries, game changers, and challengers. John Wiley & Sons.
Kawasaki, G. (2015). The art of the start 2.0: The time-tested, battle-hardened guide for anyone starting anything. Portfolio.
Livingston, J. (2007). Founders at work: Stories of startups' early days. Apress.
BBA INTERNATIONAL BUSINESS HONOURS
BIB1FM105: Entrepreneurship & Startups (MDC)
5th module – open ended
Case studies
Identifying products which don’t satisfy consumer needs and thus identifying a new business opportunity.
Create and present a complete business plan
Pitch product /service to attract investors by crafting a compelling story