Course detail

Entrepreneurial Practice 1

FP-BEPR1EDAcad. year: 2019/2020

Subjects Entrepreneurial Practice 1,2,3 and 4 constitute a logical coherent unit, ensuring continuous development of entrepreneurial and managerial skills. Entrepreneurial Practice 1 gives a strong emphasis on practical development of skills necessary to launch entrepreneurial activity. Key areas are independent development of necessary knowledge from the area of managerial functions in the business activities, outlining of business plans and business models. As the part of individual and team study plan, students will co-create their business specialization. Identically, these plans will help to control fulfilment of practical requirements. Link between practical training and ability to develop acquired knowledge is supported by workshops, developing areas corresponding with the current stage of life-cycle of the company. Thus, workshops will serve as a planned specialized development of people inside the company.

Learning outcomes of the course unit

Close interconnection between Entrepreneurial Practice 1,2,3 and 4 is vitally important from the point of development of knowledge and competencies of students.
Specific fields of development within Entrepreneurial Practice 1 are as follows: students will develop their skills in the area of team work, managerial functions in the small company, and business plan formulation. Students will broaden their knowledge in the area of legal and financial aspects of business activity. Students will have opportunity to practically train steps related to preparation and start of business activity.

Prerequisites

Not applicable.

Co-requisites

Not applicable.

Recommended optional programme components

Not applicable.

Recommended or required reading

Not applicable.

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

Course is evaluated with grade credit. Evaluation of students is based on individual and team learning plan execution.
Every student has Individual learning agreement specifying what he/she wants to specifically develop and reach in each semester of practice. Team/company has Team learning agreement defining planned learning outputs for team/company.
Performance is evaluated bot continuously and in the end of semester or academic years. Evaluation combines individual and team evaluation, feedback from lecturers, external subjects and team feedback.
Team and individual learning agreements are based on structure of activities conducted within practice and they are applied as well for evaluation of team and individual performance. Basic structure shall cover:
Business Projects (40%)
Company Development (10%)
ESBD program development (10%
Self Learning Activity (15%)
Learning workshops (25%)

Language of instruction

English

Work placements

Not applicable.

Course curriculum

Week 1 to 4
Workshop: organization and development of the team
Workshop: application of managerial functions in the development of business model
Workshop: selection of legal form of business activity
Workshop: financial aspects of business activity
Formulation of individual and team plan of the practice
Analysis of business opportunities
Definition and defence of business projects

Week 5 to 8
Workshop: business plan formulation
Workshop: business model definition
Workshop: evaluation of competitive environment
Analysis of business opportunities
Definition and defence of business projects
Preparation of underlying documentation for business plan
Preparation of underlying documentation for business projects

Week 9 to 12
Business plan elaboration
Business project elaboration
Elaboration of action plans of implementation of business activities
Arrangement of formalities of business activities
Start of business activities

Week 13
Elaboration of final report
Defence of business plan and business model
Defence of business projects and report on their course
Plan of future development of company activities

Aims

The objective is to create a space to start own business practice with the emphasis on creation, development, and management of small and medium-sized company and related implementation of entrepreneurial projects.

Specification of controlled education, way of implementation and compensation for absences

The attendance at all activities compulsory and controlled. Absence (health and serious personal reasons) must be compensated by additional activities in business projects and organized workshops.
Control of team learning sessions and project meetings
- We will have two compulsory team learning sessions per week on Monday and Thursday – 9-13 (the same terms as last year)
- Every absence up to 30% must be compensated by special task which will be defined by person preparing the session or by me
- Absence higher than 30% up to 40 % will mean above mentioned tasks plus one extra assignment defined by me
- Absence higher than 40% means fail.
Business project sessions - compulsory - so called steering meetings (as I mentioned during interviews), which will be organized separately (not as part of team learning sessions), probably on Monday afternoon and probably every third week. The main purpose is to control the progress of your projects.

Classification of course in study plans

  • Programme BAK-E Bachelor's

    branch BAK-ESBD , 2. year of study, winter semester, 15 credits, compulsory

Type of course unit

 

Exercise

30 hours, compulsory

Teacher / Lecturer

eLearning