Entrepreneurial Practice 4
FP-BEPR4EDAcad. 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. Entrepreneurial Practice 4 focuses on knowledge and skills necessary in the stage of growth and stabilization of the company as well as in the stage of termination of business activity, if applicable. Thus, key aspects of this part of the practice will include finalization of business sub-projects, evaluation of potential of company development and knowledge of procedures for termination of business activity. As the part of individual and team study plans, 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 4 are as follows: development of knowledge and skills for economic and financial aspects of termination of business projects and identification of strategic potential of development of the small company. Students will practically train activities related to tax, accounting, and legal aspects of business activity. Students will develop analytical skills necessary for business activities in the global environment. Students will gain practical experience in the area of management of relations with various groups of stakeholders. Students will practically train formulation of strategy of development of the small company. Students will be able to clearly formulate potential of development of the business company and choose approach to finalization of business activities. Students will be able to solve termination of activity of small and medium-sized company.
Entrepreneurial Practice 1, 2 and 3 must be passed
Recommended optional programme components
Recommended or required reading
Planned learning activities and teaching methods
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
Week 1 to 3
Workshop: tax, accounting, and legal aspects of business in the stage of finalization of business activity
Workshop: finalization of business activity
Workshop: evaluation of development of business activities
Revision of individual and team plans of the practice
Elaboration and assessment of business projects
Preparation of new business projects
Week 4 to 6
Workshop: strategic management of development of the small company int the global environment
Workshop: global context of business activities
Workshop: management of relations with stakeholders
Elaboration and assessment of business projects
Week 7 to 9
Tax and accounting closing of completed business projects
Finalization of business activities
Elaboration, assessment, and finalization of business projects
Elaboration of final report
Preparation of materials for final defence of strategy of development of business activity
Plan of finalization of business activities
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.