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Entrepreneurship through Practice

Course Title (EFB501)


Faculty Name: Dr. Abrar Ali Saiyed Sections:
Contact: abrarali.saiyed@ahduni.edu.in Office Monday 10 am: 12 pm
Hours:
School: AMSoM
Semester: Winter Credits: 2
Lecture time & Monday and Friday Location: SEAS Building
Weekdays:
Pre-requisites: None
Course The subject is focusing to develop mind sets and skills for entrepreneurship. It also asks
Description: students to learn basics of entrepreneurship through practice. From knowing oneself
to learn various skills and applying on business idea, the course tries to cover basics of
entrepreneurship as well as giving hands-on experience to apply learning.
Course Abstract: The subject covers basics of entrepreneurship. It focuses on the skills, attitude and
* mindset required for starting a new venture. It also trains students to learn best
entrepreneurial practices from various contexts like city markets and community
businesses. It also explains important aspects of opportunity recognitions and idea
generations. Later it covers process of designing a business plan from an idea and
important building blocks of Business Plan
Course 1)To introduce basics of entrepreneurship and importance of entrepreneurs for the
Objectives: economy
2)To provide understanding of entrepreneurs and various aspects of their personality
and motivation
3)To provide knowledge about new venture creation and importance of business plan
in entrepreneurship
Learning 1) Learn difference between entrepreneurship and managerial activities
Outcomes: 2) Learn various entrepreneurship practices
3) Learn various traits and skills required to be an entrepreneur
4) Learn defining opportunity and business idea
5) Learn developing Business Model Canvas for business idea
Pedagogy: * The course adopts the approach of learning by doing. Thus the pedagogy involves
exercises, games, role plays, field visits and observations with classroom sessions.
Discussions of cases and articles are also part of the pedagogy. It also involves periodic
presentations by the students of their projects in the classroom.
Expectations Course demands a discussions on various examples and articles related to topics.
from Students: * Students are expected to be actively participating in the discussions. Students are also
required to be ready to visit different places, many real businesses to learn and
understand entrepreneurial practices and business models in depth. Students will also
be sent to field work often related to their project.
Assessment /  Reflection Notes: 10%
Evaluation:  Class Participation and Preparation: 20%
 Group Projects : 30%
 End-semester Presentation and Business Model Canvas Report: 40%
Attendance As per the university norms
Policy:
Project / Reflection Notes: Students are expected to maintain a document which includes their
Assignment observations and inferences of field visits, meetings, interactions with entrepreneurs
Details: * and learning from exercise and activities.
Class Participation and Preparation: Students are expected to come with preparation
and participate in various exercises and activities.
Group Projects:
Students are expected to work with their group members and prepare reports after
following exercises
1. Field visits to City Markets
2. Working with Community Businesses
3. Studying successful and failed businesses
Course Material: (Details of text / main reference, other required readings like books, journal articles,
reports, cases, etc.)
Reference Books :
 Book 1 : Entrepreneurship – A South Indian Perspective by D.F. Kuratko and
T.V.Rao (CENGAGE Publication)
 Book 2 : Entrepreneurship 6E by Robert D. Hisrich, Michael P. Peters and Dean
A. Shepherd (McGraw – Hill Companies)
 Book 3 : Connecting the Dots by Rashmi Bansal
 Book 4 : Stay Hungry Stay Foolish by Rashmi Bansal
 Book 5 : I have a dream by Rashmi Bansal
Website: https://yourstory.com/
Reading Articles :
 Darker side of entrepreneurship by
(https://hbr.org/1985/11/the-dark-side-of-entrepreneurship)
 Secrete of Israel’s startup Success by Avishai Abrahami
(https://www.entrepreneur.com/article/228159)
 Act like an Entrepreneur inside your Organization by Len Schlesinger and
Charlie Kiefer
(https://hbr.org/2014/07/act-like-an-entrepreneur-inside-your-organization)
 Should an entrepreneur lie? By Daniel Isenberg
(https://hbr.org/2010/04/is-it-ok-for-entrepreneurs-lie)
Additional Elective for MBA Program
Information: *
* These are optional fields.

Session Plan
Topic Title Session Topic & Subtopic Readings, Cases, Activities Important
No. Details etc. Dates
Introduction 1 Entrepreneurship 1. We Need to An Adventure
as an Adventure Expand Our Exercise
Definition of
Entrepreneurship Psychometric Test for
by John Hagel III, Entrepreneurs
HBR, 2016 ( repeated after
2. Being a Module 2 and
Successful Module 3)
Entrepreneur Isn’t
Only About Having
the Best Ideas
by Andy Molinsky,
HBR 2016

Entrepreneurship 2-3 Entrepreneurship Field Visit: Visiting


Practices Practices ( City city markets and
Markets) learn
Entrepreneurship
Practices followed by
Reflection sheet
submission
4-5 Entrepreneurship Field Visit: Spending
Practices time with community
( Community based businesses and
Businesses) learn
entrepreneurship
practices followed by
Reflection sheet
submission
6-7 Entrepreneurship Field Visit: Studying
Practices two successful and
(Successful and failed startups in
Failed Businesses Ahmedabad
Followed by
reflection sheets
Traits for 8 Exercise to Neck, H.M. 2011. 1. Exercise
Entrepreneurship Practice Play Cognitive Puzzles and
ambidexterity: The Quilts
underlying mental
model of the
entrepreneurial
leader. In D.
Greenberg, K.
McKone-Sweet and
H.J.Wilson (eds),
The New
Entrepreneurial
Leader: Developing
Leaders Who Will
Shape Social and
Economic
Opportunities
(pp.24-42). San
Francisco: Berrett-
Koehler.
9 Exercise to J.Timmons and 1. Interviewing
Practice Empathy S.Spinelli, New an
Ventures Creation: Entrepreneur
Entrepreneurship and Self-
for the 21st Century, Assessment
8th edn ( New York:
Mc Graw-Hill/Irwin,
2008)
10-11 Exercise to Hall, D. 2001. Jump 1. Mind
Practice Creation Start Your Business Dumping For
Brain. Cincinnati, Ideation
OH: Clerisy Press 2. Exercise
IDEASPACE
3. Exercise
Future
Trends and
Entrepreneur
ial
Opportunitie
s
12-13 Exercise to Bygrave, W., and 1. Opportunity
Practice Zacharakis, A. 2011. Screening
Experimentation Entrepreneurship, 2. $5, $50 and
2nd Edn. (Chapter 3), $500
Hoboken, NJ: Wiley Experiments
3. Feasibility
Blueprint
14-15 Exercise to The five stages of 1. Developing a
Practice Reflection small business Reflective
growth by Neil C. the Practice
Churchill; Virginia L. 2. Plotting the
Lewis, HBR 1983 growth of
your business

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