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2021/2022  DIP-D1FMV5020U  Entrepreneurship

English Title
Entrepreneurship

Course information

Language English
Course ECTS 5 ECTS
Type Elective
Level Graduate Diploma
Duration One Semester
Start time of the course Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Min. participants 15
Max. participants 40
Study board
Study Board for Graduate Diploma in Business Administration
Course coordinator
  • Ali Mohammadi - Department of Strategy and Innovation (SI)
Main academic disciplines
  • Entrepreneurship
Teaching methods
  • Blended learning
Last updated on 01-07-2021

Relevant links

Learning objectives
  • Acquire an in-depth understanding of the entrepreneurial process and entrepreneurs´ traits and biases and apply it in real cases.
  • Account for how various steps of the entrepreneurial process interact and apply it in real cases.
  • Identify pros and cons of involving cofounders, employees, angel investors and venture capital firms in the startup and apply it in real cases.
  • Be able to define and explain the elements of an entrepreneurial strategy and discus how these are linked and apply it in real cases.
  • Compare different entrepreneurial strategies and assess their strengths and weaknesses in general and in real cases.
  • Understand and discuss the different financial resources and their implications on firm success.
  • How to conduct a basic financial valuation of a start-up firm and apply it in real cases.
  • Demonstrate the ability to make recommendations for firms bases on arguments that are sensible, logical and coherent arguments
Examination
Entrepreneurship:
Exam ECTS 5
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance, see also the rules about examination forms in the programme regulations.
Individual or group exam Individual exam
Size of written product Max. 10 pages
Assignment type Synopsis
Duration
Written product to be submitted on specified date and time.
20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Grading scale 7-point grading scale
Examiner(s) Internal examiner and second internal examiner
Exam period Autumn
Make-up exam/re-exam Oral Exam
Duration: 20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Preparation time: No preparation
Examiner(s): If it is an internal examination, there will be a second internal examiner at the re-exam. If it is an external examination, there will be an external examiner.
Description of the exam procedure

Assignment content: Series of questions addressing selected topics discussed in class.

Course content, structure and pedagogical approach

This course introduces participants to important challenges entrepreneurs face over the different stages of  developing a new product or business strategy and crisis response. More specifically, this course explores entrepreneurship practices such as the lean startup methodology, business model design and agile leadership in addition to  venture founding conditions (such as business opportunities assessment, when to found, building the founding team), corporate governance (including ownership, control, board of directors, compensation), funding of entrepreneurial firms (Crowdfunding, angels, venture capitals, and debt).

 

This course aims to prepare participants to anticipate challenges and develop alternatives and strategic decisions to overcome them and explore new markets.

 

Students will learn through a combination of practical workshops and online content delivery where participants will apply the learnings directly into a real project that evolves over the course duration. The course will finish with an oral presentation showcasing the project and summarising the learning journey.

 

This course will suit  participants who are employees or founders of start-ups, investors, consultants, business owners interested in new products and markets, and employees looking to upskill, 

 

The course is divided into four parts:

 

Part 1 defines entrepreneurship, examines different entrepreneurial process frameworks, and explores the process of problem definition and idea creation including talking to customers.

 

Part 2 focuses on product-market fit and business model development including challenges entrepreneurs face at the early stage of their business.

 

Part 3 focuses on entrepreneurial strategy (customers, technology, identity, competition, IP, Value Chain, disruption strategies) and how to finance growth. It also explores financing options including the types of investors entrepreneurs should attract at different phases of venture growth,

 

Part 4 plans for the growth of the company, team formation and company culture. This covers how to perform a basic valuation of startup firms, how to evolve the business model with growth and agile leadership practices as the venture scales.

 

Description of the teaching methods
Class sessions involve a mixture of lectures, case studies, class discussions, videos and guest speakers. Lectures are organized as interactive two-way communicative sessions in which students are invited to share their own experience and to critically contribute to the content of the course. It aims at coupling conceptual foundation with case based learning. Cases examined in the course cover entrepreneurs’ decisions throughout firm’s life cycle.

Students’ learning process is enriched though group classroom activities, self study and webbased learning exercises.
Feedback during the teaching period
Feedback will take place in class and during office hours if needed
Student workload
In class 30 hours
Exam and preparation 120 hours
Last updated on 01-07-2021