BEX5415 Start-up fastrack 1
Faculty of Business and Economics
BEX5415 Start-up fastrack 1 is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 1 at Caulfield. It needs BEX5120, BEX5411, BEX5114 and BEX5413 and unlocks 1 unit.
- Credit points
- 6
- Offered in 2021
- Semester 1
- Caulfield
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2021 handbook entry. See the 2027 entry.
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Requisites
Before BEX5415
After BEX5415
1 unit list BEX5415 as a prerequisite or corequisite.
Overview
This unit is informed by design thinking, requiring you 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 experiential and hands-on with learning guided through mentorship and industry engagement. ‘Start-up fastrack 1’ focuses on the desirability and feasibility elements of innovation. You will undertake both primary and secondary 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 to conduct real life user-testing to evaluate your concepts and ideas. The business modelling element of the unit is designed to lay the groundwork for ‘Start-up fastrack 2’ by arming you with the necessary capabilities to build your value proposition through rigorous validation and feasibility assessment.
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | On campus |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
develop an informed awareness of what it takes to actually start a new venture
- 2
be competent in conducting human-centred primary and secondary research
- 3
become comfortable in solving complex challenges by utilising design-driven approaches to innovation
- 4
design and conduct usability testing to validate desirability and feasibility of venture concepts
- 5
demonstrate competency in rapid ideation and prototyping
- 6
develop and test different potential business models
- 7
function effectively in a team
- 8
demonstrate ability to manage stakeholder and client relationships
- 9
confidently pitch a value proposition to key stakeholders
- 10
reflect on your learning experience and to change and modify thinking and action in response to such reflections.
Workload and teaching
- Workshops36 hours
- Teaching approachActive 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 is offered by the Entrepreneurship Portfolio in the Business School and is guided by our four defining values:
Humble excellence
Elevated thinking
Meaningful action
Anchored in community
The core function of the portfolio is to help students develop an entrepreneurial mindset and the capabilities to bring this mindset to life. This means that throughout the unit you will experience ambiguity, moments of chaos and considerable uncertainty as you deep dive into the world of startups, entrepreneurship and innovation. You will be required to spend substantial time outside of class engaging with various stakeholders to help test and validate your ideas and solutions. Each unit within the entrepreneurship portfolio requires you to act, it’s not about sitting in the classroom, coming up with ideas and thinking you’re correct. You will at times be wrong! So, you will need to iterate, adjust and be willing to fail. This is what entrepreneurship is about, it will be hard but incredibly rewarding! If you are not willing to put in the work and give it your best, then this unit is not for you.
Technology Policy
This unit requires your full attention and focus at all times, if you are answering emails, texting, posting or scrolling during lectures and in particular guest presentations you will be asked to leave the class.
Word Limits
You will notice that there are some assessments with no word limits in this unit, this is because the unit is designed to prepare you for the real world. We may provide you with some guidance, but we will not spend time specifying how long a report should be, what font you should use or other bits of information that you, a young professional, need to learn how to judge and decide. Use as many pages/slides/words/pictures that are required to get your insights across in a clear and succinct manner.
Where it fits
BEX5415 is part of 1 area of study in the 2021 handbook.
Contacts
- Chief Examiners
- Professor David Gilbert
Common questions
What are the prerequisites for BEX5415?
You need BEX5120, BEX5411, BEX5114 and BEX5413 before you enrol.
What can I take after BEX5415?
BEX5415 is a prerequisite or corequisite for 1 unit, including BEX5416.
When is BEX5415 offered?
In 2021, BEX5415 runs in Semester 1 at Caulfield.
How much work is BEX5415?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BEX5415 have an exam?
No. BEX5415 has 1 assessment task and no exam.
Which majors and minors include BEX5415?
BEX5415 is part of Entrepreneurship.