UnitLevel 3Undergraduate

BEX3415 Start-up fastrack 1

Faculty of Business and Economics

BEX3415 Start-up fastrack 1 is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 1 at Caulfield. It has no prerequisites and unlocks 1 unit.

Credit points
6
Offered in 2023
Semester 1
Caulfield
Assessment
No exam
1 task
Workload
144 hours
per semester

This is the 2023 handbook entry. See the 2027 entry.

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Requisites

Before BEX3415

No prerequisites or corequisites besides the enrolment rules below.

After BEX3415

1 unit list BEX3415 as a prerequisite or corequisite.

Enrolment rules

Enrolment in this unit is subject to an application process. More information on this unit is available here. Applications must be submitted via this link. https://www.fastrackatmonash.com/

Overview

This unit is informed by contemporary approaches to start-ups that have been adopted by many of the world’s most successful and innovative companies. Start-up teams will be coached by practising entrepreneurs and innovators to take a venture concept to commercial reality. You will be required to test, prototype and refine a viable response to a real-world challenge or opportunity. Working in diverse start-up teams, you will use innovative approaches to problem solving, by learning how to develop and deliver an end-to-end solution. The unit is highly experiential and hands-on with learning guided through mentorship, peer-to-peer learning and industry engagement. ‘Start-up Fastrack 1’ focuses on the desirability and feasibility elements of innovation. You will undertake primary research with customers and end-users supported by desktop research to identify and frame a deeper understanding of the problem. Through iterative cycles of ideation, you will develop the capability to rapid prototype and conduct real life user-testing to evaluate your concepts and ideas. This process underpins the initial business modelling, customer acquisition and go-to-market elements of ‘Start-up Fastrack 1’ that are designed to lay the groundwork for ‘Start-up Fastrack 2’ by arming you with the necessary mindset and capabilities to build your value proposition through rigorous market validation and feasibility assessment.

Offerings in 2023

Teaching periodCampusMode
First semesterCaulfieldOn campus

Assessment

  • Within semester assessment
    100%

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    develop an informed awareness of what it takes to actually start a new venture

  2. 2

    be competent in conducting human-centred primary and secondary research

  3. 3

    become comfortable in solving complex challenges by utilising design-driven approaches to innovation

  4. 4

    design and conduct usability testing to validate desirability and feasibility of venture concepts

  5. 5

    demonstrate competency in rapid ideation and prototyping

  6. 6

    be able to develop and test different potential business models

  7. 7

    function effectively in a team

  8. 8

    demonstrate ability to manage stakeholder and client relationships

  9. 9

    enable students to reflect on their learning experience and to change and modify thinking and action in response to such reflections.

  10. 10

    confidently be able to pitch a value proposition to key stakeholders

Workload and teaching

  • Workshops75 hours
  • Teaching approachIndustry-based learning

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

This unit provides you with the opportunity to engage in industry-based learning to incorporate professional and industry experience into your studies.

Contacts

Chief Examiners
Professor David Gilbert

Common questions

What are the prerequisites for BEX3415?

BEX3415 has no prerequisites, but enrolment rules apply.

What can I take after BEX3415?

BEX3415 is a prerequisite or corequisite for 1 unit, including BEX3416.

When is BEX3415 offered?

In 2023, BEX3415 runs in Semester 1 at Caulfield.

How much work is BEX3415?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does BEX3415 have an exam?

No. BEX3415 has 1 assessment task and no exam.

More details

Credit points
6
Level
3
Study level
Undergraduate
Faculty
Faculty of Business and Economics
Organisational unit
Monash Business School of Executive Education
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 4
Study abroad
Not available
Handbook years
202220232024202520262027