Entrepreneurship and Business Planning (B-KUL-HBA20C)

Aims
This course contributes to the entrepreneurial competences of graduates. Entrepreneurship is approached here from a process perspective, and hence students are gaining basic competences from the different stages in the entrepreneurial process: developing a business idea, analyzing opportunities, developing a business plan, securing sources of funding, calculating risks and fulfilling legal obligations supporting the entrepreneurial process.
1.a Analyses the environment in which an organisation is active and estimates the influence of environmental factors on the functioning of the organisation.
2.a Understands basic theories, basic terms, and basic concepts of each management domain, in particular with respect to the financial, operational, commercial and organisational activities, and can apply them when solving business problems.
2.c Understands and substantiates the critical importance of each management domain for a successful organisation and the coherence with other management domains.
2.p. Explains the structure and the current legislation in the field of social law.
3.a Detects the impact of regional, national and international environmental factors on corporate policies and estimates the complexity of operating in an international environment when putting together a strategy.
4.a Has a functional multidisciplinary knowledge to identify social phenomena and to reflect on them, also from a philosophical-ethical perspective, and link them with the corporate and market reality in a reasoned way.
4.c Analyses the functioning of organisations and markets in relation to society and its actors.
8.d Sets forth a logical and coherent argumentation to support choices made when solving a (business) economic problem with practical relevance.
8.f Critically reflects on his own behaviour and approach, in the context of lifelong learning.
8.g Shows interest in current affairs and broadens his background knowledge.
12.a. Estimates the impact of business operations on various stakeholders and society.
12.d. Integrates sustainability values in the analysis of topical (business) economic problems and proposes solutions that take into account these values.
Identical courses
This course is identical to the following courses:
HBH71E : Ondernemerschap en business planning
Is included in these courses of study
- Bachelor of Business Administration (Brussels) 180 ects.
- Bachelor of Business Administration: Double Degree Kedge (incoming) (Brussels et al) 242 ects.
- Bachelor of Business Engineering (Brussels et al) 180 ects.
- Preparatory Programme: Master of Business Administration (Programme for students started before 2023-2024) (Brussels) 90 ects.
- Courses for Exchange Students Faculty of Economics and Business (Brussels)
- Bachelor of Business Administration: Double Degree Galway (outgoing) (Brussels et al) 240 ects.
- Bachelor of Business Administration: Double Degree Galway (incoming) (Brussels et al) 240 ects.
- Preparatory Programme: Master of Business Administration (Programme for students started in 2023-2024 or later) (Brussels) 75 ects.
- Preparatory Programme: Master of Business Administration (Programme for students started in 2023-2024 or later) (Antwerp) 75 ects.
Activities
3 ects. Entrepreneurship and Business Planning (B-KUL-HBA20c)
Content
Entrepreneurial aspects: including but not limited to:
- trends analysis and business idea generation
- business model development, testing
- entrepreneurial competencies
- business planning
- financial entrepreneurship (financial planning)
- risk management for operational efficiency
- resource allocation
Legal aspects
Aspects of social law:
Course material
1. Entrepreneurship. Successfully Launching New Ventures. Barringer, B. & Ireland, D. 6th Global Edition. Pearson Education, 2018.
https://webapps.odisee.be/Ancor/SSM/Pages/BekijkSSM.aspx?OID=17807
2. Course text with additional content
Will be made available through the university's copy service
Is also included in other courses
Evaluation
Evaluation: Entrepreneurship and Business Planning (B-KUL-H73592)
Explanation
The evaluation is composed of a written exam (Multiple Choice), closed book (100 % of the evaluation).
With regard to the Multiple Choice Questions, a correction of guessing will be applied as follows: The student will get 1 point for selecting the correct answer, 0 points when (s)he doesn’t answer the question, and (s)he loses 0.25 points for selecting a wrong answer.
Information about retaking exams
The features and determination of the grades for the the second examination opportunity are identical to those of the first examination opportunity.