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2. Scheme of Subject:
3. Pre-requisites:
4. Objective:
The module will help students build skills across a number of areas central to the entrepreneurial experience,
including: - Opportunity recognition, evaluation and exploitation - Innovation assessment and management -
Environmental analysis - Understanding and managing risk - The strategy process - Finance and Funding.
5. Methodology of Delivery:
The pedagogy to teach the course will be more practical and activity based and will be supplemented
by Videos, Cases, Seminars, Research Articles, News Articles, Guest Lectures and Project etc.
Unit Contents
Unit I Concept, characteristics, attitude and approach, Entrepreneur v/s Intrapreneur.
Entrepreneur & Entrepreneur V/S Manager; Importance of entrepreneurship for growth and
Entrepreneurshi development of an economy.
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Unit - II Creating a Business Plan, Making a Product Choice, Setting up Infrastructure,
Starting a new Naming and Registering a Business, Choosing a form of Business Organization,
business – Choosing the Location of the Industry, Pricing your Product, Regulatory
Requirements, Financing a startup Business, Sourcing Process, R M, Mach. &
Equip., Hiring Human Resource.
Unit III- Leverage considerations, Capital budgeting techniques by considering risk (Risk
Financial adjusted discount rate, Sensitivity analysis, Probabilistic approach & Certainty
Analysis – equivalent), cost benefit analysis. Case Study – United Utilities.
Unit IV- Micro, Small & Medium Enterprise – Concept, MSME act, departments, Schemes
Organizational and grants; Role of State financial corporation and District financial corporation for
support for promoting entrepreneurship.
Entrepreneurshi
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Unit V- Departments, Grants, Scheme & various policies and programmes. Biographies and
Entrepreneurial traits of great entrepreneurs – Steve jobs, Michael Dell, Mohd. Younis.
Opportunity in
Madhya
Pradesh –
7. Learning Outcomes:
To provide an introduction to entrepreneurship and its development process, environment and current scenario
in India. Study of this subject provides an understanding of the scope of an entrepreneur, key areas of
development, financial assistance by the institutions. Entrepreneurship in practice will introduce students to the
more practical elements of innovation and enterprise activity across multiple contexts, including not just new
venture creation but corporate and social entrepreneurship as well. Entrepreneurship and creativity focuses on
idea generation and entrepreneurial aspects.
8. Activities:
The following three activities are mandatory and carry marks:
(a) Role Play- Entrepreneurs v/s Managers
(b) Seminar- Whether Entrepreneurs are born or made?
(c) Case Study Discussion-Case study on Small Business Enterprises.
9. Weightage of Activities
a) Role Play-03 Marks
b) Seminar- 03 Marks
c) Case Study Discussion-04 Marks
The students will be evaluated on basis of their presence, confidence, communication, originality and
addition to knowledge.
11 PBL Topic: Business Plan for (Give name for the proposed business)
12 Weightage of PBL
Total marks for PBL is 15. However students will be evaluated on different aspects as:
a) Written report submission with originality of the topic and its contribution to knowledge.(30 % Marks)
b) Team Coordination (10 % marks)
c) Presentation ( 20 % marks)
d) Answers to queries raised (30 % marks)
e) Proper structure of report (10 % marks)
Below are complete guidelines to proceed with the project and the expected outcome thereof.
Objective:
The students are required to present the business plan/models covering certain important aspects as
follows:
Promoters background/experience
Product with capacity to be built up and processes involved.
Raw materials and source.
Project location
Cost of the Project and Means of financing there of.
Availability of utilities
Technical arrangements
Market Prospects and Selling arrangements
Environmental aspects
Profitability projections and Cash flows for the entire repayment period of financial assistance.
Team Spirit
Presence of mind.
Various options to start a business venture.
Understand the needs of entrepreneurs to be successful.
Understand the needs/demands business and devise concrete strategies as entrepreneurs/managers in
future.
• Each student should also submit the detailed written report for the business plan.
• The group project report should be type written, 1.5 line-spaced, using 12 size font and should not
exceed 30 pages (excluding cover page, tables, figures, appendices, references, and endnotes).
The feasibility study of business plans will be conducted to check the standard of the projects presented and
submitted.