Course Outline
Entrepreneurship, Innovation and Business Model Design teaches students to translate innovations and business ideas into business models. MAN 450 introduces students to generation and management of innovative enterprise activity across multiple contexts along with the exploration of students' own entrepreneurial potential. This course focuses on two main themes: I. management of idea & innovation processes and II. implementation of innovative ideas in the marketplace using a rigorous financial plan. Special focus is given to start-ups in a digital world.
Please note: This term, this course is neither coordinated nor instructed by the MCEI Team but by affiliated lecturers at the Institute for SME Research (see instructors section below). Please contact the instructors or the secretariat's office in case of further questions on content, admission or course outline.
Learning Outcomes
By the end of this course students
- Learn to generate and manage an idea & innovation using professional thinking tools
- Develop a rigorous business plan for a start-up project
- Present and defend the concept of their start up project in front of a professional jury
Eligibility and Registration
Only students of the 4th Semester of their Bachelor's are eligible to apply for this course.
Mandatory application: Course capacity is strictly limited as the format involves groupwork. Students are required to apply for this course by sending a CV (1 page), a motivation letter (1 page), and a transcript of grades to the Course Secretary, and by registering themselves for the course in Portal2 (open from 01 February 2019 to 18 February 2019).
The application deadline is 18 February 2019, and there are no exceptions to this deadline.
Attendance
Attendance is mandatory and all students are required to attend all classes (exceptions are made for students who provide a medical certificate or have an exam).
Place and Time
- You can find the detailed schedule here.
- This course is only offered in Spring Semester.
Assessment
- Written assignment: start-up business plan (8 Pages + Appendix)
- Presentation of a start-up business plan in front of a professional jury (Powerpoint)
Persons in Charge
Instructor: AkadR Dr. Jan-Philipp Ahrens, AkadR Dr. Dennis Steininger
Course Secretary: Gabriele Schleicher, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Group Formation
Each group will eventually structure itself into the following roles:
- Project Manager and Communicator
- Expert for the Idea and its Realization/Production
- Market Research and Marketing & Sales Expert
- Financial Manager
- Quality Manager
All groups will be assigned by the chair.
Course Load and Language
ECTS: 3
Language: English
Schedule (Spring 2019)
21 February 2019, 08:30am - 1:30pm: Fundamentals of Entrepreneurship in a Digital World, Creativity Techniques & Innovation Management, Strategic Market Analysis (Castle, Room O145)
28 February 2019, 08:30am - 1:30pm: Business Modeling; Creating a Business Plan & Financial Planning (L9 1-2, Room 001)
01 March 2019, 08:30am - 1:30pm: Exercise class (optional, room EW 151)
09 May 2019, 08:30am - 1:30pm: Pitch presentations of groups (Castle, Room O145)
20 May 2019, until 11:59 am: Handing in of printed versions + CD of the business plans at the office of the chair (Ms. Schleicher, L9, 1-2, first floor, room 111)
