UnitLevel 5Postgraduate

BEX5416 Start-up fastrack 2

Faculty of Business and Economics

BEX5416 Start-up fastrack 2 is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics. It isn't offered in 2020. It needs BEX5415.

Credit points
6
Offered in 2020
Not offered
Workload
144 hours
per semester

This is the 2020 handbook entry. See the 2027 entry.

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Requisites

Before BEX5416

Prerequisites

Pass these before you enrol.

After BEX5416

No unit lists BEX5416 as a prerequisite in the 2020 handbook.

Overview

The second part of the start-up fastrack unit is focused on the viability element of innovation. The intention of this unit is to enable student venture teams to map and showcase their final solution and go-to-market strategy. Students will conduct a venture viability analysis to ascertain if the solution is financially sound. The legal component of the unit will arm students with the knowledge to navigate complex regulatory guidelines and policy to ensure their solution is compliant with the law. Students will learn how to enhance their entrepreneurial communication skills, enabling them to confidently pitch their solutions to potential investors, and other stakeholders. Additionally, they will develop an understanding of effective strategies in selling and negotiation. The unit also covers fundamental business aspects, operational processes and strategy planning, allowing students to synthesise their knowledge to successfully build their new business venture.

Offerings in 2020

The 2020 handbook lists no offerings for BEX5416.

Learning outcomes

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

  1. 1

    develop applied capabilities in transforming a nascent venture concept to a commercial reality

  2. 2

    understand the connection between venture business models and profitability

  3. 3

    be able to design and deliver a venture viability analysis

  4. 4

    demonstrate understanding of local and global regulatory requirements

  5. 5

    confidently be able to pitch a value proposition to key stakeholders

  6. 6

    achieve industry-standard proficiency in professional report writing and presentation

  7. 7

    develop transferable skills in collaboration, communication and teamwork

  8. 8

    be resilient in dealing with obstacles, failures and the need to be agile in responding to dynamic forces and events.

Workload and teaching

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.

Where it fits

BEX5416 is part of 1 area of study in the 2020 handbook.

Contacts

Chief Examiners
Professor David Gilbert

Common questions

What are the prerequisites for BEX5416?

You need BEX5415 before you enrol.

When is BEX5416 offered?

BEX5416 has no offerings listed in the 2020 handbook.

How much work is BEX5416?

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

Which majors and minors include BEX5416?

BEX5416 is part of Entrepreneurship.

More details

Credit points
6
Level
5
Study level
Postgraduate
Faculty
Faculty of Business and Economics
Organisational unit
Monash Business School
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 3
Study abroad
Not available