MODULE SPECIFICATION TEMPLATE MODULE DETAILS Module title Module code Credit value Level Mark the box to the right of the appropriate level with an ‘X’ CA380 New Business Planning 10 Level 4 Level 5 Level 6 Level 0 (for modules at foundation level) x Level 7 Level 8 Entry criteria for registration on this module Pre-requisites Having successfully completed level 4 Specify in terms of module codes or equivalent Co-requisite modules Specify in terms of module codes or equivalent Module delivery Mode of delivery Taught Other x Distance Placement Pattern of delivery Weekly x Block Other Online When module is delivered Semester 1 x Semester 2 x Throughout year Other Brief description of module The module is designed to integrate the subject matter from different areas of the curriculum through group and individual tasks that encourage content and/ or aims the use of research skills, the ability to work in teams and personal Overview (max 80 words) development generally. By partnering with other Schools the module will also mutually introduce BBS students to the language and culture of other disciplines that will often play an important role in the development of a new product or service. Module team/ author/ coordinator(s) School Site/ campus where delivered The delivery and assessment of this module has a strong involvement from the local business community, through the use of the ‘entrepreneur in residence’ who will attend most classes and the use of a local bank manager and other MD’s as either guest speakers and pitch assessors or even as a client. This will help ensure that the academic and practitioner viewpoints are well represented. C Conway, L Povey, A Berry Brighton Business School Moulsecoomb Course(s) for which module is appropriate and status on that course Course All BBS undergraduate courses BSc (Hons) Product Design Module descriptor template: updated Aug 2012 Status (mandatory/ compulsory/ optional) optional optional BA (Hons) Digital Media BA (Hons) Business Information Systems optional optional MODULE AIMS, ASSESSMENT AND SUPPORT Aims The module aims to provide students with the opportunity to simulate in as near a ‘real world’ scenario as possible the preparatory process for starting up a business. The module also aims to inculcate and implement an entrepreneurial team spirit that cuts across not only business studies disciplines but also across other industry/professional approaches by working with the School of Engineering and CMIS. Learning outcomes On completion of this module students should be able to: demonstrate the ability to carry out a marketing research project demonstrate their ability to produce a business plan with appropriate sections in terms of finance, marketing and legal issues demonstrate their understanding of the interaction between the legal, economic, marketing and financial aspects of starting a business demonstrate their ability to integrate their learning and present it in a manner appropriate for business decisions as a hardcopy artefact to high street bank standard demonstrate their ability to work in groups Content Lectures will be given by visiting practitioners, university staff and an ‘entrepreneur in residence’, to cover the normal requirements expected by a banking institution for the launch of a new business. It would be expected that all students will have already covered issues of marketing, law and finance in either their first or second year, however, the lectures below will coordinate the syllabi content to help prepare students to write a business plan. A novel feature of this module is the potential cooperation with the Engineering School, (semester 1), and compulsory cooperation with CMIS (semester 2). In semester one BBS students will be offered the choice of working with a Design Engineering student or they can choose to develop a project by themselves or work with a business client (also in the semester 2 programme). In the second semester the students from CMIS will work more closely with BBS students, and will represent a compulsory element of the programme. The CMIS students will be expected to attend all the classes and be subject to the same assessment. It will also be expected that CMIS will provide an additional one hour support tutorial to help prepare them to work more effectively with BBS students. In practice students of different disciplines will line-manage each other for the areas of assessment where different skill sets are required. There will also be a strong link with Business Services’ ‘BeePurple’ programme which features additional support for potential entrepreneurs in the form of workshops and counselling. Students will be encouraged to attend this programme to widen their perspective about developing ideas and starting a business. Workshop Topics: Introduction and Organisation Module descriptor template: updated Aug 2012 Creativity: new product/service development Small business marketing Legal Entity and Protection (Different legal structures & IPR) Accounting for Business: (P&L and Cash Flow and Balance Sheet) Accounting for Business: (P&L and Cash Flow and Balance Sheet) Revision session led by the ‘entrepreneur in residence’ with support from other local MD’s summarizing good practice for business planning and business Learning support Teaching and learning activities Details of teaching and learning activities Indicative reading: The latest editions of: Atrill, P. & Mclaney, E., Financial Accounting for Non-Specialists, Prentice Hall Atrill, P., Financial Management for Non-Specialists, Prentice Hall Barrow, C., The complete small business guide: sources of information for new and small businesses, BBC Books. Berry, A. & Jarvis, R., Accounting in a Business Context, Thomson Burns, P. & Dewhurst, J., Small Business and Entrepreneurship, Macmillan. Davis, J. & Padfield, N., Intellectual Property Law, Butterworths Lexis Nexis. Kenny, B. & Dyson, K., Marketing in Small Businesses, Routledge Macintyre, E., Business Law, Pearson Priddis, J., Start Your Business Step by Step. Essential Business Guide Ltd Williams, S., Lloyds TSB Small Business Guide, Press Vitesse, Journals: Journal of small business and enterprise development International Small Business Journal Web sites: www.startups.co.uk/default.aspx www.fastlinksolutions.co.uk/ www.smallbusinessportal.co.uk/index.php Allocation of study hours (indicative) Where 10 credits = 100 learning hours Module descriptor template: updated Aug 2012 Study hours SCHEDULED This is an indication of the number of hours students can expect to spend in scheduled teaching activities including lectures, seminars, tutorials, project supervision, demonstrations, practical classes and workshops, supervised time in workshops/ studios, fieldwork, external visits, and work-based learning. 14 GUIDED INDEPENDENT STUDY All students are expected to undertake guided independent study which includes wider reading/ practice, follow-up work, the completion of assessment tasks, and revisions. 86 PLACEMENT The placement is a specific type of learning away from the University that is not work-based learning or a year abroad. TOTAL STUDY HOURS 100 Assessment tasks Details of assessment for this module The assessment will normally involve a group of 4 students with a formative non summative/pass-fail presentation (circa 20minutes) of a draft business plan that will help inform the submission one week later of the final plan (4000 words). Types of assessment task1 % weighting Indicative list of summative assessment tasks which lead to the award of credit or which are required for progression. (or indicate if component is pass/fail) WRITTEN COURSEWORK Submission of a group business plan 100 PRACTICAL EXAMINATION INFORMATION Area examination board Strategy Refer to Faculty Office for guidance in completing the following sections External examiners Name Position and institution Date appointed Date tenure ends Refer to Studentcentral QUALITY ASSURANCE Date of first approval 2008 Only complete where this is not the first version Date of last revision 2012 1 Set exercises, which assess the application of knowledge or analytical, problem-solving or evaluative skills, are included under the type of assessment most appropriate to the particular task. Module descriptor template: updated Aug 2012 Only complete where this is not the first version Date of approval for this version Version number Modules replaced Specify codes of modules for which this is a replacement Available as free-standing module? Module descriptor template: updated Aug 2012 Yes No x