BEX3411 - Entrepreneurship - Monash University

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Overview

Entrepreneurship and innovation are often buzzwords, but not in this unit. This isn’t about ‘hustling’ and glitzy start-up hype. It’s about rolling up the sleeves, truly getting to explore a challenge and bringing creative ideas to life that can create value in the real world. Whether you want to establish … For more content click the Read More button below. You’re going to focus on a big, wicked challenge, coming up with an innovative solution, that could actually make a difference in the world. We have done everything we can to make this one of the most practical, hands-on units in Australia, so come in with an open mind and a willingness to learn and we’ll have a bunch of fun along the way. You might even end up finding yourself with something you want to grow beyond this semester! This unit will provide you with entrepreneurial skills, mindsets and practical experience, enable you to think about global challenges and solutions, and be an effective critical thinker, preparing you with essential, often untaught, capabilities for the future of work.

You’re going to focus on a big, wicked challenge, coming up with an innovative solution, that could actually make a difference in the world. We have done everything we can to make this one of the most practical, hands-on units in Australia, so come in with an open mind and a willingness to learn and we’ll have a bunch of fun along the way. You might even end up finding yourself with something you want to grow beyond this semester!

This unit will provide you with entrepreneurial skills, mindsets and practical experience, enable you to think about global challenges and solutions, and be an effective critical thinker, preparing you with essential, often untaught, capabilities for the future of work.

Offerings

S1-01-CAULFIELD-ON-CAMPUS

S2-01-CAULFIELD-ON-CAMPUS

SSB-01-CITY-BLOCK-ON

TRI-A-29-CITY-ON-CAMPUS

TRI-B-29-CITY-ON-CAMPUS

TRI-C-29-CITY-ON-CAMPUS

Requisites

Prohibition

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Associate Professor Colin Jevons

Professor David Gilbert

Unit Coordinator(s)

Dr Wade Halvorson

Dr Bruce Johnstone

Learning outcomes

On successful completion of this unit, you should be able to:

critically research and explore complex challenges to create and communicate innovative and informed ideas or solutions

be an empathetic and global citizen who considers and creates value that is holistic and ethical, by challenging, integrating and accommodating differing world views

demonstrate broad technical and soft skills aligned to innovation, to deliver value to people, businesses and society

understand and be able to apply frameworks and methodologies that enable, the analysis of complex issues and the development of solutions that are creative, novel and sustainable

communicate and rationalise a point of view that is evidence-based, persuasive and compelling.

Teaching approach

Active learning

This unit is offered by the Entrepreneurship Portfolio in the Business School and is guided by our four defining values:
Humble excellence
Elevated thinking
Meaningful action
Anchored in community

The core function of the portfolio is to help students develop an entrepreneurial mindset and the capabilities to bring this mindset to life. This means that throughout the unit you will experience ambiguity, moments of chaos and considerable uncertainty as you deep dive into the world of startups, entrepreneurship and innovation. You will be required to spend substantial time outside of class engaging with various stakeholders to help test and validate your ideas and solutions. Each unit within the entrepreneurship portfolio requires you to act, it’s not about sitting in the classroom, coming up with ideas and thinking you’re correct. You will at times be wrong! So, you will need to iterate, adjust and be willing to fail. This is what entrepreneurship is about, it will be hard but incredibly rewarding! If you are not willing to put in the work and give it your best, then this unit is not for you.
Technology Policy
This unit requires your full attention and focus at all times, if you are answering emails, texting, posting or scrolling during lectures and in particular guest presentations you will be asked to leave the class.
Word Limits
You will notice that there are some assessments with no word limits in this unit, this is because the unit is designed to prepare you for the real world. We may provide you with some guidance, but we will not spend time specifying how long a report should be, what font you should use or other bits of information that you, a young professional, need to learn how to judge and decide. Use as many pages/slides/words/pictures that are required to get your insights across in a clear and succinct manner.

Assessment

1 - Within semester assessment

Scheduled and non-scheduled teaching activities

Workshops

Workload requirements

Workload

Workload Requirements: Caulfield, First semester

This is a blended unit comprising of the following learning activities:

3 Online learning modules (1 hour per session - to be completed in Week 1)
4 Practical workshops (3 hours per session)
3 Full-day boot camps (6 hours per session - please note these are delivered on a Saturday)

Each session will build on previous week's work and on the activities expected of teams in between classes.

The unit places students in 'start-up' style teams, and teams are treated like small businesses. It is expected that teams work outside of these sessions to develop their ideas and work through activities prescribed in between sessions, totaling approximately 10-12 hours per week including sessions outlined above. Independent work requirements for teams may include associated readings, assessment, out of class activities and preparation for scheduled sessions.

Workload Requirements: City (Melbourne), Trimester A

Delivered in 11 active workshops this unit meets the full-semester workload requirements within an 11 week timetable. Students need to begin preparation prior to each workshop. Students who do not come prepared for each workshop will find it very difficult to keep up due to the rapid delivery timeline of the unit.

Learning resources

Required resources