MKF5123 Entrepreneurial innovation
Faculty of Business and Economics
MKF5123 Entrepreneurial innovation is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2022 in Summer A and Semester 2 at Caulfield. It has no prerequisites.
- Credit points
- 6
- Offered in 2022
- Summer A, 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 MKF5123
No prerequisites or corequisites besides the enrolment rules below.
After MKF5123
No unit lists MKF5123 as a prerequisite in the 2022 handbook.
Enrolment rules
You must be enrolled in course B6010 or M6028, or course B6005 and have passed ADA5111, or be granted permission from the Chief Examiner to undertake this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit is designed for entrepreneurial aspirants. Through the use of workshops, case discussions, and simulations, students will gain familiarity with the design thinking, business modelling, and strategic frameworks necessary to develop an innovative start-up. The unit will specifically focus on the entrepreneurial innovation process, from idea generation up to pitching to investors, and will provide students with the opportunity to develop the foundations of their own start-up.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| Summer semester A | Caulfield | Block on |
| Second semester | Caulfield | On campus |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
generate novel ideas and recognise innovation opportunities using different ideation frameworks
- 2
create desirable, viable and feasible business models
- 3
explain how internal and external factors provide risks and opportunities for growth and pivoting
- 4
understand the roles and dynamic of the start up environment (founders, investors and C-level employees) and create and deliver a compelling pitch.
Workload and teaching
- Tutorials21 hours
- Lectures15 hours
- Teaching approachCase-based teaching
- Teaching approachProblem-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 includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
Where it fits
MKF5123 is part of 1 area of study in the 2022 handbook.
Contacts
- Chief Examiners
- Dr Davide Orazi
Common questions
What are the prerequisites for MKF5123?
MKF5123 has no prerequisites, but enrolment rules apply.
When is MKF5123 offered?
In 2022, MKF5123 runs in Summer A and Semester 2 at Caulfield.
How much work is MKF5123?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does MKF5123 have an exam?
No. MKF5123 has 1 assessment task and no exam.
Which majors and minors include MKF5123?
MKF5123 is part of Marketing.