Entrepreneurship and Innovation (IBUS3103)
UNIT OF STUDY
Successful entrepreneurship requires knowledge of several key business processes and is ideally learned by actually starting a business. In this unit of study, you will learn the business processes and concepts that will help you becoming an entrepreneur. Working towards a pitch and a business plans the most effective way to master many of the critical skills and concepts of entrepreneurship since it simulates, to a degree, real world processes. During this unit, you will learn how to investigate customer needs and markets to generate an innovative idea for a start-up. Then, you will participate in the realistic simulation of the creation of a start-up from the best student-submitted ideas to develop these ideas into a business model. All students will join a team that will remain together for the entire duration of the unit and will create and pitch sections of a business plan as well draft the final complete business plan for their company. The unit will bring together the skills you have acquired across multiple disciplines of study and will require your active participation as you work towards raising funds for starting your business.
Our courses that offer this unit of study
- Bachelor of Arts and Bachelor of Economics
- Bachelor of Commerce
- Bachelor of Commerce (Liberal Studies)
- Bachelor of Commerce and Bachelor of Arts
- Bachelor of Commerce and Bachelor of Laws
- Bachelor of Commerce and Bachelor of Science
- Bachelor of Commerce and Doctor of Medicine
- Bachelor of Computer Science and Technology
- Bachelor of Computer Science and Technology (Advanced)
- Bachelor of Economics
- Bachelor of Economics (Dual Degree, Sciences Po, France)
- Bachelor of Economics and Bachelor of Laws
- Bachelor of Economics and Doctor of Medicine
- Bachelor of Engineering Honours (Aeronautical)
- Bachelor of Engineering Honours (Biomedical)
- Bachelor of Engineering Honours (Chemical and Biomolecular)
- Bachelor of Engineering Honours (Civil)
- Bachelor of Engineering Honours (Electrical)
- Bachelor of Engineering Honours (Mechanical)
- Bachelor of Engineering Honours (Mechatronic)
- Bachelor of Engineering Honours (Software)
- Bachelor of Engineering Honours and Bachelor of Commerce
- Bachelor of Engineering Honours and Bachelor of Project Management
- Bachelor of Engineering Honours with Advanced Engineering
- Bachelor of Engineering Honours with Space Engineering Major
- Bachelor of Information Technology
- Bachelor of International and Global Studies
- Bachelor of Project Management and Bachelor of Arts
Further unit of study information
1x 1.5hr lecture and 1 x 1.5hr tutorial/lab class per week.
take home assessment (25% - part 1 10% & part 2 15%), individual report (20%), in class assessment (25%), group presentation (15%), business plan (15%)
Faculty/department permission required?
Unit of study rules
48 credit points of units
Students enrolled in the combined Law degrees are able to complete this unit in their third year of enrolment (full-time).
Study this unit outside a degree
If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.
If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.