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 Total hours (45) Credit
Lecture per week 3
Tutorial per week 3
Practicum per week Nil
T
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): The course aims to enable the students to understand what is entrepreneurship and the step-by-step process of starting a business. This will also enable students to identify the sources of fund for startup.
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)
M I - Introduction to Entrepreneurship
U1 - What is entrepreneurship?, Success stories of Entrepreneurs, Case studies on Uber and Warby Parker, Story of ID Fresh
U2 - Failure studies of Entrepreneurs, Case study on Failure of Kellogs in Indian Market
U3 - Understanding the importance of identifying the opportunities in the market, Validating customer requirements in entrepreneurship.
M II - Business Idea generation by identifying Opportunities
U1 - Brainstorming Techniques for Idea Generation, Identifying Market Needs and Gaps, Analyze for areas where consumer needs are not being fully met
U2 - Validating Business Ideas
U3 - Market Research and Customer Discovery, Clarify Unique Selling Proposition
U4 - Financial, operational and technical feasibility of the idea generated
U5 - Drafting a Business Idea from the result of brainstorming and feasibility studies
M III
Building a Business Plan
U1 - Key Components of a Business Plan
U2 - Market Analysis and Competitive Landscape, Revenue generation methods,
U3 - Financial Projections and Forecasting
U4 - Marketing and Sales Strategies
U5 - Management Team and Operational Plan
M IV
Launching and Managing a Startup
U1 - Choosing the Right Legal Structure for your Business
U2 - 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
U3 - Building and Managing a High-Performance Team
U4 - Marketing and Sales Strategies for Startups: Customer Acquisition and Retention
V
Open ended module
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
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