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ENT801Management Sciences2 Unitsintermediate

Business Planning For Entrepreneurship Growthent

This course explores business planning for entrepreneurship growth, covering the creation and presentation of business proposals for new ventures. It delves into feasibility studies, data generation, technical and financial analyses, and marketing strategies. Students will learn to implement business plans, prepare financial analyses, and write loan proposals. The course also examines project evaluation techniques, including accounting rate of return, payback period, net present value, internal rate of return, and profitability index. The course aims to equip students with the skills to navigate the complexities of business planning.

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156h
Study Time
13
Weeks
12h
Per Week
intermediate
Math Level
Course Keywords
Business PlanFeasibility StudyProject AppraisalFinancial AnalysisEntrepreneurship

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
📊
Math Level
Moderate Math
🔬
Learning Type
Hands-on Practice

Course Topics

Key areas covered in this course

1

Business Planning

2

Feasibility Studies

3

Market Analysis

4

Financial Analysis

5

Project Appraisal

6

Investment Evaluation

Total Topics6 topics

Requirements

Knowledge and skills recommended for success

Basic Accounting

Principles of Management

💡 Don't have all requirements? Don't worry! Many students successfully complete this course with basic preparation and dedication.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assessments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Business Analyst

Apply your skills in this growing field

Project Manager

Apply your skills in this growing field

Entrepreneur

Apply your skills in this growing field

Financial Analyst

Apply your skills in this growing field

Management Consultant

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

FinanceConsultingEntrepreneurshipProject ManagementInvestment Banking

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1:

2h

Unit 1: Concepts of business plan

2 study hours
  • •Define business plan
  • •Discuss its benefits
  • •Understand the purpose of designing a business plan
  • •Explore the business planning process
Week
2

Module 1:

2h

Unit 2: Tasks involved in individual and group business plan

2 study hours
  • •Discuss business environment analysis
  • •Explain market analysis
  • •Outline marketing plan components
  • •Describe operations plan elements
  • •Explore financial plan aspects
Week
3

Module 1:

2h

Unit 3: Professionalism in written business plan

2 study hours
  • •Discuss the importance of a clear business plan
  • •Explain the need for objectivity and factual writing
  • •Emphasize clear and simple explanations
  • •Highlight the importance of a consistent style
  • •Stress the visual appeal of a business plan
Week
4

Module 1:

2h

Unit 4: Interaction with businesses and entrepreneurs on preparing and improving business plan

2 study hours
  • •Discuss the importance of data collection
  • •Explain the need for data analysis
  • •Highlight the significance of SWOT analysis
  • •Explore the external environment
  • •Consider the internal environment
Week
5

Module 1:

2h

Unit 5: Prepare for national business plan competitions

2 study hours
  • •Discuss the importance of showing traction
  • •Explain the need to demonstrate market potential
  • •Highlight the importance of covering investor-related information
  • •Emphasize brevity
  • •Stress the importance of adhering to guidelines
Week
6

Module 2:

2h

Unit 1: Component on practical evaluation of business plan

2 study hours
  • •Understand the meaning of evaluation
  • •Define evaluation plan
  • •Explore evaluation of business plan
  • •Identify generic outline of evaluating business plan
Week
7

Module 2:

2h

Unit 2: Businesses and career life, exposition on how best to design business plan

2 study hours
  • •Define Business Plan
  • •Explain the importance of Business Plan
  • •Explain why we have a business plan
  • •Discuss components of Business Plan
  • •Highlight basic types of business plans
  • •Implementation of Business Plan
Week
8

Module 2:

2h

Unit 3: How best to prepare feasibility report and appraisal

2 study hours
  • •Define feasibility report
  • •Outlines some importance of feasibility report
  • •Steps to Writing a feasibility report
Week
9

Module 2:

2h

Unit 4: Appraisal of projects before investment

2 study hours
  • •Meaning of project appraisal
  • •Type of project appraisal
  • •Appraisal of Project Implementation Plan
Week
10

Module 2:

2h

Unit 5: Project evaluation techniques

2 study hours
  • •Define Project
  • •Enumerate types of projects
  • •Explain Project Cycle
  • •Define project evaluation
Week
11

Module 3:

4h

Unit 1 Introduction to Project Evaluation

2 study hours
  • •Define Project Evaluation
  • •Explain the six fundamental phases in the Project Evaluation process
  • •Differentiate between Traditional and Modern Evaluation Technique

Unit 2: The Average Rate of Return (ARR)

2 study hours
  • •Define Accounting Rate of Return (ARR)
  • •Use ARR to distinguish favourable and unfavourable projects
  • •Explain the merit and demerit of ARR
Week
12

Module 3:

4h

Unit 3: Payback Period (PB)

2 study hours
  • •Define Payback Period
  • •Apply Payback Period in evaluating projects and making decision
  • •Understand the merits and demerits of Payback Period

Unit 4: Net Present Value

2 study hours
  • •Define Net Present Value (NPV)
  • •Apply Net Present Value in making decision
Week
13

Module 3:

4h

Unit 5: Internal Rate of Return

2 study hours
  • •Define Internal Rate of Return (IRR)
  • •Apply IRR in decision making
  • •Understand the merits and demerits of Internal Rate of Return

Unit 6: Profitability Index

2 study hours
  • •Define Profitability Index
  • •Merits of Profitability Index
  • •Demerits of Profitability Index

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create detailed summaries of each unit, focusing on key concepts and formulas

2

Practice applying financial analysis techniques to real-world case studies

3

Review all tutor-marked assignments and feedback

4

Develop a strong understanding of the different project evaluation methods and their applications

5

Create concept maps linking modules 2 and 3 to understand project appraisal and evaluation techniques

6

Practice calculating NPV, IRR, and profitability index for various investment scenarios

7

Focus on understanding the assumptions and limitations of each evaluation method

8

Allocate time to review all financial statements and ratios discussed in the course

9

Work through practice problems from the textbook and online resources

10

Prioritize understanding of financial analysis and investment evaluation techniques

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