Degree | Type | Year | Semester |
---|---|---|---|
2501572 Business Administration and Management | OB | 3 | 1 |
2501573 Economics | OT | 3 | 2 |
2501573 Economics | OT | 4 | 0 |
NO
The main target of this subject is to study the new venture creation process (from the initial idea to the legal status of the business) through the design and analysis of a BUSINESS PLAN development. A business plan is understood as a written document in which the most relevant aspects of the new venture in terms of start up process and business launching are stated. This course will focus on what a business plan is, what are its functions as well as its main sections. Furthermore, it will cover topics dealing with the management function and entrepreneurship not directly related with the business plan development, such as the relevance of entrepreneurship today, the entrepreneur’s characteristics, other ways of creating businesses (franchise, buying other firms, etc.), problems in the creation process, entrepreneurs’ networks, etc.
1. Introduction to the importance of entrepreneurship in society today
1.1. New firms and SMEs in the economy
1.2. Entrepreneur’s characteristics
2. The business creation process
2.1. Process of new venture creation: phases
2.2. Problems in the new venture process
2.3. Generation of business ideas. Business creativity
2.4. Identification and evaluation of business opportunity
2.5. Strategic process: business model. Canvas and Lean Startup.
3. The Business Plan (BP)
3.1. Utility and contents of the BP
3.2. Project evaluation
3.3. Sensitive analysis
3.4. Mistakes to avoid
4. Entrepreneurial alternative
4.1. Ways to start as an entrepreneur: start-up, spin off, licenses, franchises, buy-out and buy-in, venture management
(intrapreneurship)
4.2. The franchise
4.3. The firm purchase (management buy-out)
4.4. Venture management: innovative projects in big companies (intrapreneurship or corporate entrepreneurship)
5. Financing a new business venture
5.1. Common agents in the finance sector
5.2. Capital risk
5.3. Business angels
5.4. New venture finance problems and how entrepreneurs try to solve them
6. Other relevant topics in entrepreneurship
6.1. Success and failure factors in new ventures
6.2. Networks and entrepreneurship
6.3. Legal protection of an idea and/or business opportunity
6.4. Legal forms and aspects
6.5. Support measures for entrepreneurship
The subject will develop as follows:
1. Professor’s lectures
2. Analysis and discussion of business cases
3. Students’ in-class work and preparation and presentation of the business cases
4. Students’ Business Plan development
Teaching will be offered on campus or in an on-campus and remote hybrid format depending on the number of students per group and the size of the rooms at 50% capacity.
Title | Hours | ECTS | Learning Outcomes |
---|---|---|---|
Type: Directed | |||
Practice classes | 13 | 0.52 | 2, 4, 6, 10, 1, 11, 12, 15, 20, 19, 9, 17, 13, 18, 22, 21, 26, 5, 8, 7 |
Theory classes | 33 | 1.32 | 2, 4, 6, 10, 1, 12, 15, 20, 19, 17, 13, 18, 5 |
Type: Supervised | |||
Tutorials and monitoring | 16.5 | 0.66 | 4, 10, 1, 11, 15, 9, 13, 18, 22, 21, 26, 5 |
Type: Autonomous | |||
Study of the contents, case resolution and business plan development | 84 | 3.36 | 2, 3, 4, 6, 10, 1, 11, 12, 14, 15, 20, 19, 16, 9, 13, 18, 22, 21, 24, 26, 5 |
The (global) final course grade will consist of the weighted average of the three following grades (on the scale from 0 to 10) (to apply this calculation it is necessary to get at least 3.5 out of 10 points in each part):
a) 50%: Business model elaboration & Business plan model
b) 30%: Final exam (multiple choice type)
c) 20%: Course participation (follow up) (cases, presentations and discussions)
All students are required to perform the evaluation activities. If the student's grade is 5 or higher, the student passes the course and it cannot be subject to further evaluation. If the student grade is less than 3.5, the student will have to repeat the course the following year. Students who have obtained a grade that is equal to or greater than 3.5 and less than 5 can take a second chance exam. The lecturers will decide the type of the second chance exam. When the second exam grade is greater than 5, the final grade will be a PASS with a maximum numerical grade of 5. When the second exam grade is less than 5, the final grade will be a FAIL with a numerical grade equal to the grade achieved in the course grade (not the second chance exam grade).
A student who does not perform any evaluative task is considered “not evaluable”, therefore, a student who performs a continuous assessment component can no longer be qualified with a "not evaluable"
Calendar of evaluation activities
The dates of the evaluation activities (midterm exams, exercises in the classroom, assignments, ...) will be announced well in advance during the semester.
The date of the final exam is scheduled in the assessment calendar of the Faculty.
"The dates of evaluation activities cannot be modified, unless there is an exceptional and duly justified reason why an evaluation activity cannot be carried out. In this case, the degree coordinator will contact boththe teaching staff and the affected student, and a new date will be scheduled within the same academic period to make up for the missed evaluation activity." Section 1 of Article 115. Calendar of evaluation activities (Academic Regulations UAB). Students of the Faculty of Economics and Business, who in accordance with the previous paragraph need to change an evaluation activity date must process the request by filling out an Application for exams' reschedule https://eformularis.uab.cat/group/deganat_feie/application-for-exams-reschedule
Grade revision process
After all grading activities have ended, students will be informed of the date and way in which the course grades will be published. Students will be also be informed of the procedure, place, date and time of grade revision following University regulations.
Retake Process
"To be eligible to participate in the retake process, it is required for students to have been previously been evaluated for at least two thirds of the total evaluation activities of the subject." Section 3 of Article 112 ter. The recovery (UAB Academic Regulations). Additionally, it is required that the student to have achieved an average grade of the subject between 3.5 and 4.9.
The date of the retake exam will be posted in the calendar of evaluation activities of the Faculty. Students who take this exam and pass, will get a grade of 5 for the subject. If the student does not pass the retake, the grade will remain unchanged, and hence, student will fail the course.
Irregularities in evaluation activities
In spite of other disciplinary measures deemed appropriate, and in accordance with current academic regulations, "in the casethat the student makes any irregularity that could lead to a significant variation in the grade of an evaluation activity, it will be graded with a 0, regardless of the disciplinary process that can be instructed. In case of various irregularities occur in the evaluation of the same subject, the final grade of this subject will be 0". Section 10 of Article 116. Results of the evaluation. (UAB Academic Regulations).
The proposed evaluation activities may undergo some changes according to the restrictions imposed by the health authorities on on-campus courses.
Title | Weighting | Hours | ECTS | Learning Outcomes |
---|---|---|---|---|
Business model elaboration & Business plan model | 50% | 0 | 0 | 2, 3, 4, 6, 10, 1, 11, 12, 14, 15, 20, 19, 16, 9, 17, 13, 18, 22, 21, 24, 25, 26, 23, 5, 8, 7 |
Course participation (follow up) (cases, presentations and discussions) | 20% | 1.5 | 0.06 | 2, 3, 6, 1, 11, 19, 9, 18, 21, 25, 26, 5 |
Final exam | 30% | 2 | 0.08 | 2, 4, 6, 1, 12, 15, 20, 19, 16, 9, 17, 24, 26, 5, 8, 7 |
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