units

SCI3501

Faculty of Science

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This unit entry is for students who completed this unit in 2016 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

6 points, SCA Band 2, 0.125 EFTSL

Undergraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Faculty

Science

Coordinator(s)

Erin Watson-Lynn

Offered

Clayton

  • First semester 2016 (Day)

Synopsis

This unit provides an incubator for students to launch and grow their enterprises. Through this rapid pace and real-world environment students will build on skills developed in level one and two of the course to exercise leadership and an entrepreneurial mindset. By creating new products or services students will cultivate an awareness of innovation, adaptability, disruptive thinking, risk taking, failure and the ability to thrive in an environment of ambiguity and uncertainty. Students will work in teams to practice their entrepreneurial skills across a range of sectors such as corporate, non-profits and social initiatives. Students will receive seed funding, a co-working space and support through mentors, advisors, peer coaching and targeted workshops. During the semester students will attempt to grow their enterprise, take their ideas to market and generate a revenue stream.

Outcomes

On completion of this unit students will be able to:

  1. Refine team work capabilities and identify areas for improvement.
  2. Identify and build relationships with customers, investors and other stakeholders.
  3. Utilise data to experiment with and test assumptions about their enterprise model in pursuit of a sustainable enterprise.
  4. Demonstrate a systematic enterprise resourcing strategy.
  5. Evaluate the growth or lifecycle of the enterprise.

Assessment

Continuous assessment: 20%
Mid-semester project: 20%
End of semester project: 60%

Workload requirements

Contact hours equivalent to one 4-hours per week and an additional two 1-day master classes.
Additional requirements for at least eight hours of independent work per week including mentoring, project work and meetings with customers.

See also Unit timetable information

Chief examiner(s)

Prerequisites

Co-requisites

Only students enrolled in Bachelor of Science Advanced - Global Challenges (Honours) can enrol in this unit.