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, offered in 2022 in Semester 2 at Caulfield. It needs BEX5415.

Credit points
6
Offered in 2022
Semester 2
Caulfield
Assessment
No exam
1 task
Workload
144 hours
per semester

This is the 2022 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 2022 handbook.

Overview

Part 2 of the ‘Start-up Fastrack’ experience is strongly focused on the viability and structuring aspects of a new start-up. Start-up teams in Fastrack 2 will be thoroughly immersed in the real world of start-ups and getting your venture to market with paying customers. To achieve this, you will be guided by expert entrepreneurs in understanding how best to structure your business, how to gain funding if required and how to translate a minimum viable product (MVP) into a business with market traction. You will also become more adept at selling and negotiating and at communicating your value proposition to key stakeholders such as customers, end-users, investors and mentors.  Ultimately in Fastrack 2 each team will get to a point where they have paying customers and a clear growth runway or a fundamental understanding driven by the market as to why the business needs to pivot to be successful.

Offerings in 2022

Teaching periodCampusMode
Second semesterCaulfieldOn campus

Assessment

  • Within semester assessment
    100%

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

  • 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.

Where it fits

BEX5416 is part of 1 area of study in the 2022 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?

In 2022, BEX5416 runs in Semester 2 at Caulfield.

How much work is BEX5416?

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

Does BEX5416 have an exam?

No. BEX5416 has 1 assessment task and no exam.

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 4
Study abroad
Available