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2017/2018  KAN-CCMVV3056U  Entrepreneurship and Fundamentals of New Venture Creation

English Title
Entrepreneurship and Fundamentals of New Venture Creation

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration One Quarter
Start time of the course First Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Jing Chen - SI
Kontaktinformation: https:/​/​e-campus.dk/​studium/​kontakt eller Contact information: https:/​/​e-campus.dk/​studium/​kontakt
Main academic disciplines
  • Innovation
Last updated on 01-09-2017

Relevant links

Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors: After completing the course, students are expected to achieve the following goals:
  • Acquire a basic understanding of entrepreneurship as an occupational choice
  • Articulate the fundamental components and challenges involved in the process of starting and managing a startup, including startup financing, startup innovation, and entrepreneurial management
  • Generalize this process to an entrepreneurial mindset of turning problems into opportunities that can be used in established companies and other settings
  • Develop knowledge necessary to apply an entrepreneurial mindset to their personal and professional lives
Course prerequisites
Basic knowledge of microeconomics and statistics
Entrepreneurship and Fundamentals of New Venture Creation:
Exam ECTS 7,5
Examination form Written sit-in exam on CBS' computers
Individual or group exam Individual exam
Assignment type Written assignment
Duration 4 hours
Grading scale 7-step scale
Examiner(s) One internal examiner
Exam period Autumn
Aids Limited aids, see the list below:
The student is allowed to bring
  • USB key for uploading of notes, books and compendiums in a non-executable format (no applications, application fragments, IT tools etc.)
  • Books (including translation dictionaries), compendiums and notes in paper format
The student will have access to
  • Access to CBSLearn
  • Access to the personal drive (S-drive) on CBS´ network
At all written sit-in exams the student has access to the basic IT application package (Microsoft Office (minus Excel), digital pen and paper, 7-zip file manager, Adobe Acrobat, Texlive, VLC player, Windows Media Player). PLEASE NOTE: Students are not allowed to communicate with others during the exam : Read more about exam aids and IT application packages here
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
Description of the exam procedure

The exam will consist of 3 or 4 essay questions. Students must answer all the questions.

Course content and structure

The course is organized around a selective set of start-up and growth issues faced by nascent entrepreneurs. The topics to be addressed include:

  1. Choosing a Career As an Entrepreneur: Startup Life
  2. Turning a Business Idea into an Opportunity: Business Opportunity Assessment
  3. Acquiring and Leveraging Financial Resources: Overview of Financing Opportunities
  4. Choosing Co-founders: Founding Team Dilemma
  5. Hiring Early Employees: The Right Hires at the Right Time
  6. Evolving a New Business: Challenges in Managing and Growing a Venture

This course is organized by the six topics described above. There are two sessions under each topic. The first session is primarily an instructor lecture on related theories drawn from economic and sociological perspectives. The materials used for the theory session are mainly based on the text and required readings. The second part is planned for the case discussions. A typical class for the second part begins with a brief review of the theories presented in the previous class. We will then introduce a case selected for the topic. One or more class members will be asked to start the case by giving an overview of the business situation described in the case. We will then spend the rest of the session on discussing the general and specific questions in the case, and also conduct some formal analysis of the case. Students will be asked to apply the theories acquired from the first session to analyzing business situations described in the case and the individual protagonist’s course of action. At the end of the session, we will try to build a complete analysis of the case within a theoretical framework, summarize the key takeaways and determine the extent to which insights generated from the case can be applied to other business situations.

This course will be of particular interest to master students who are interested in entrepreneurship, management consulting, and corporate/entrepreneurial finance. The materials covered are intended to be accessible and comprehensible to all master students across different programs at CBS.

Class sessions will consist of lectures, case discussions and group presentations. In the first part of each class, I will provide a theoretical framework for thinking about today's topic, based on textbook chapters and reading materials. The second part of the class is designed for case discussions, starting with student group presentations. Student groups are expected to read and analyze the case in advance, draw insights from their analyses and frame in-class discussion. This course will be most valuable (and enjoyable) if all students are engaged and participating in a productive manner.

Teaching methods
Lectures, case discussion and group presentations combined
Feedback during the teaching period
The students will receive feedback during office hours during the semester. They will also receive feedback on the final exam after receiving their grade.
Student workload
Teaching 82 hours
Preparation 62 hours
Exam 62 hours
Last updated on 01-09-2017