Menu
close
Apply Now
Contact
Parent Programme
Bachelor of Business (Level 7 NFQ)
NFQ Level & Reference
Level 6 / Ref: M1.8
Duration
12 Weeks X 3 Hours per week
MODULE TITLE
Introduction to Entrepreneurship
STAGE
1
Module Credit Units
ECTS: 5

Introduction to Entrepreneurship

introduction Entrepreneurship

An entrepreneur is an individual who initiates, organizes, and manages a business, often taking significant financial risks. Key traits include innovation, creativity, resilience, and risk-taking. Entrepreneurship drives economic growth by creating jobs and fostering innovation. The typical stages of setting up an enterprise involve identifying an opportunity, developing a business plan, securing financing, launching the business, and managing growth. Unlike established corporations, entrepreneurial ventures are more flexible and adaptive, allowing for rapid response to market changes and new opportunities.

Indicative syllabus Content

Entrepreneurship in an economy:

  • The role of an entrepreneur; the contribution of entrepreneurship to an economy; the relationship between the entrepreneur and society

Being an Entrepreneur:

  • The entrepreneurial character; discovering a business idea; evaluating the viability of a business idea

Starting as an Entrepreneur:

  • Developing the business model; Enhancing the business idea; launching the business

Considerations when becoming an Entrepreneur:

  • Legal considerations; Operating considerations; Risk assessment; Financial considerations

Growing as an Entrepreneur:

  • Growth plans and strategies; Raising finance; Adopting a Business Model

Maturing as an Entrepreneur:

  • Sustaining a business; Exit strategies; Future considerations

Minimum Intended Learning Outcomes (MIMLOs)

Upon successful completion of this module, the learner should be able to:
MIMLO1
Discuss the role of entrepreneurship in an economy and society
MIMLO2
Explain the term entrepreneur and the traits associated with such an individual. Identify the different types of Entrepreneurship and outline the stages that an entrepreneur typically goes through in setting up an enterprise
MIMLO3
Explain Entrepreneurial Characteristics, Entrepreneurial Traits, Skills and Abilities
MIMLO4
Demonstrate Creativity and Innovation in Entrepreneurship
MIMLO5
Compare and Contrast entrepreneurship with other organisational forms typical in an economy

Assessment

MIMLOs
Assessment
Percentage
1, 2, 3, 4, 5
Group Project - Assignment & Presentation
Total 100%

Reassessment Opportunity

Where the combined marks of the assessment and examination do not reach the pass mark the learner will be required to repeat the element of assessment that they failed. Reassessment materials will be published on Moodle after the Examination Board Meeting and will be aligned to the MIMLOs and learners will be capped at 40% unless there are personal mitigating circumstances.

Aims & Objectives

The aims of this module are to provide learners with an insight of entrepreneurship, and the knowledge, skills, and competencies required of someone seeking to be an entrepreneur. The module will explore the role of an entrepreneur within an economy, and the relationship they have with society.

[TheChamp-Sharing]
APPLY NOW
Top