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Unit (2019)

Information on this page, including unit offerings, is from the 2019 academic year.

Resourcing the Entrepreneurial Venture (BUS364)

Organisational Unit Business
Credit Points 3
Description Providing an entrepreneurial venture with the resources necessary to be successful is critical. This unit introduces conventional forms of finance such as private equity and angel investors to students along with deal structures and valuation at different stages of a business venture. Students will also discuss more novel forms of finance such accelerators, incubators and crowdsourcing while considering burn rates and negative cash flow.
Unit Learning Outcomes On successful completion of the unit students should be able to:
1. Evaluate the alternatives and associated benefits and risks of modern resourcing arrangements
2. Select an appropriate resourcing arrangement for the business venture
3. Model appropriate project progress criteria to aid decision making
4. Construct a valuation model for the business venture
Timetabled Learning Activities 2 hour workshop, one per week of semester
Unit Learning Experiences The learning and teaching approach informing the assessment and activity selection and design in this unit are student-centred, constructivist, and outcome-based (SOLO), featuring predominantly active learning strategies with tasks that are open-ended, authentic, and scaffolded.
The unit uses blended learning which combines learning online with interactive workshops. Using this combination of online and face-to-face learning provides flexibility for all students to learn anytime (24/7), anywhere (with an Internet connection) at a pace that suits their learning style. In this unit students explore concepts online prior to workshops, through videos, audio, websites, simulations, readings, quizzes, blogs and online discussions. Workshops (online or face-to-face) are interactive and use active learning such as; guided instruction (e.g. small group and whole class discussion), role plays, simulations, case studies, scenario-based tasks, problem-based tasks, project-based tasks, presentations and enquiry-based tasks.
Assessment inter-linked; requiring students to use and engage with progressively higher-order cognitive (skill-based) processes; assessments are aligned with the desired learning outcomes; and, provide challenge, interest and motivation to learn.

There are three authentic, real world and relevant assessments;
1. Individual Decision tree - 30%
2. Individual Project - 30%
3. Individual Presentation - 40% (supervised)
Prerequisites Nil
Appears in these Courses/Majors:
see individual structures for context
Commerce + Entrepreneurship and Innovation [Combined] (BCom)+(BEI) [New in 2019]
Internet Access RequirementsMurdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.

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