1. BS2004/3004 Entrepreneurship
2. BS2003/3003 Entrepreneurship: Young Enterprise
The University, courtesy of funding from a successful HEIF bid by the WestFocus consortium of universities (www.westfocus.org.uk) has made four cross faculty elective modules available to students. Details of these electives are described below:
1. BS2004/3004 Entrepreneurship (i.e. the same elective at Levels 2 and 3)
These electives are targeted at students from different university faculties and are designed to encourage enterprise skills. Students in various faculties/programs have already expressed considerable interest in these modules - which are available for both second and third year students.
The module objectives aim to achieve the following:
- Develop students’ enterprising skills, attributes and behaviours through self-review, idea-generation and project planning
- Build on students’ creative and technical skills by focusing on how their ideas can be developed into genuine entrepreneurial opportunities
- Provide students with an understanding of both the internal and external factors that influence entrepreneurial performance
- Introduce students to key small business management concepts, including creativity, innovation, entrepreneurial marketing, value creation, and resource management
- Encourage students to take responsibility for their own learning, and make full use of the many sources of information and assistance available within the university and enterprise support environment .
Students will increase their skills and knowledge in four key areas: understanding the nature of enterprise; the personal skills required for success in a variety of contexts; market economics and financial literacy; and an understanding of business ethics and corporate social responsibility. Students will do so working with a wide range of students from different subject areas.
2. BS2003/3003 Entrepreneurship: Young Enterprise (i.e. the same elective at Levels 2 and 3)
These electives are also targeted at students from across the University and give them the opportunity to create, set-up and trade a real business or enterprise as part of their degree programme.
On successful completion of this module, students will be able to:
- Contribute to the planning, creation and implementation of a new enterprise strategy, requiring the development and presentation of a formal business plan, company report and accounts
- Develop an enterprise to the point where actual trading takes place
- Evaluate their entrepreneurial capabilities and analyse how their specific academic knowledge and experience affected the performance of the trading enterprise
- Assess the potential of SMEs as future employers and reflect on self-employment and enterprise creation as possible future career options
N.B. Students are required to form groups of 4-5 students. Students should be aware that each group must pay an upfront business cost of £200 to the charity Young Enterprise to cover liability etc. However, students can arrange a loan with HSBC Bank to cover this expense, so it should not present a significant obstacle to taking the module.