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2015 Unit of Study

The session(s) below are for 2015. For Summer School 2015 unit of study availability please visit the Summer School website (main Summer session January/February 2016).

The University of Sydney session calendar shows exact dates for sessions.

New Business Opportunities and Startups
UoS Code IBUS6011
Credit points 6
Offered Semester 1 and Semester 2
Prerequisites None
Prohibitions IBUS5011 or WORK6112
Assumed Knowledge IBUS5002, or completion of at least 24 credit points
Additional Information
Lectures Semester 1 & 2: 1x 3 hr lecture/seminar per week; Intensive session: 2 x 3hr lecture/workshops pre-departure (Sydney), 30hrs lecture/workshops in country action-research, 1 x 3hr seminar post trip (Sydney)
Assessment business opportunity and strategy design assignment (35%), start?up financials (15%), business plan assignment and presentation (50%)
Description For small open economies such as Australia's, new business opportunity identification and exploitation are often critical to firms' long-term growth and survival. Identifying new markets, developing new products and implementing new business models are highly-regarded and valuable skills for entrepreneurs and business managers alike. In addition to exploring the special problems (and advantages) associated with entrepreneurial start-ups, the unit explores commercialisation and corporate venturing. Topics include opportunity recognition, strategy development, business planning and investor documentation, venture capital and other funding sources, as well as entrepreneurial and creative leadership. The unit is structured around learning from engaged practice, and requires students to work with startup and early stage businesses.