New Business Opportunities and Startups (IBUS6011)

UNIT OF STUDY

Being able to identify and exploit new business opportunities is critical to all sizes of businesses. Identifying new markets, developing new products and implementing new business models are highly-regarded and valuable skills for entrepreneurs and business managers alike. This unit is structured around learning from engaged practice in order to explore the special problems and opportunities associated with entrepreneurial start-ups. Students engage with start up and early stage businesses to deliver a plan to help them become profitable. Topics include opportunity recognition, strategy development, business model design, customer acquisition and retention, financial model development, as well as entrepreneurial and creative leadership.

Our courses that offer this unit of study

Further unit of study information

Classes

1x 3 hr lecture/seminar per week for classes

Assessment

business opportunity and strategy design assignment (35%), start up financials (15%), business plan assignment and presentation (50%)

Faculty/department permission required?

No

Unit of study rules

Assumed knowledge

IBUS5002, or completion of at least 24 credit points

Prohibitions

IBUS5011 or WORK6112

Study this unit outside a degree

Non-award/non-degree study

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.

Cross-institutional study

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.