units

SCI2501

Faculty of Science

18 September 2017 22 November 2024
Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2015 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 2, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

LevelUndergraduate
FacultyFaculty of Science
OfferedClayton First semester 2015 (Day)
Coordinator(s)Dr Rowan Brookes

Synopsis

The Impact through science level two units provide an action-learning exploration of the business and social entrepreneurship cycle from concept through to pitching the idea to a panel of experts. The entrepreneurial mindset is developed through a strong focus on group work, critical thinking, persuasive communication and leadership development. Throughout these units, insights into entrepreneurship will be gained by using case study analysis and prominent guest speakers who are thought leaders, entrepreneurs and industry executives.
During the Impact through science 2A unit, students will explore the fundamentals of entrepreneurship by focusing on identifying and creating opportunity for new venture, examining business models and financing these ventures. Students will examine the tools used to identify venture opportunities by understanding customer needs, competition and conducting industry and market analysis. Students will develop their understanding of financing the entrepreneurial business by exploring micro-financing, and strategies for attracting investment and investor types.

Outcomes

On completion of this unit students will be able to:

  1. Use a range of tools to identify and evaluate entrepreneurial venture opportunities;
  2. Differentiate between entrepreneurial business types;
  3. Articulate strategies for establishing entrepreneurial businesses;
  4. Evaluate appropriate financing opportunities for entrepreneurial ventures;
  5. Demonstrate teamwork capacity and knowledge of leadership by using a case-study approach to examine the entrepreneurial life cycle.

Assessment

100% within semester assessment

Workload requirements

One 3-hour workshop per week and two master-classes.
Students should note that they are required to undertake one internship before the start of their level three units.

See also Unit timetable information

Chief examiner(s)

Dr Rowan Brookes

Prerequisites

SCI1501 and SCI1502

Co-requisites

Only students enrolled in the Bachelor of Science - Global Challenges (Honours) can enrol in this unit.