Leadership | Management | Strategy

Award in Entrepreneurship 1

This module prepares the learner for the opportunities and challenges associated with the creation and management of start-ups. Learners will explore the concepts of creativity and innovation in entrepreneurship through theoretical and practical knowledge to evaluate and assess new business ideas or opportunities.

Through the use of analytical, critical, and ‘systemic thinking skills’, learners will analyse the opportunity or business idea, identify risks entrepreneurs face, and understand the concept of sustainable entrepreneurship and its implications.

6th Jan 2025

Start Date

6 - 8 Weeks

Duration

MQF L5

Certification

Malta Business School

Course Provider

Prerequisites

MQF/EQF Level 4

Basis

Full-Time | Part-Time

Location

In-Person | Online

Course Fees

€500

What you'll learn

Competences

  • Critically examine different creative thinking processes that generate novel ideas for problems or opportunities
  • Judiciously select initiatives that are aligned with sustainable entrepreneurship
  • Critically apply a range of business processes and management approaches to inform the creation of an innovative business plan
  • Fairly determine the appropriate selection of risk assessment and mitigation strategies

Knowledge

  • The core concepts and theories of creativity and innovation in entrepreneurship
  • A range of business processes and management approaches that promote creativity and innovation
  • Different methods to assess the attractiveness of business opportunities (such as VRIO, USP analysis, Critical Success Factors)
  • Advantages and disadvantages of a range of risk assessment and mitigation strategies
  • Introduction to the Triple Bottom Line (People, Planet, Profit) for business sustainability

Skills

Applying knowledge and understanding

  • The core concepts and theories of creativity and innovation in entrepreneurship
  • A range of business processes and management approaches that promote creativity and innovation
  • Different methods to assess the attractiveness of business opportunities (such as VRIO, USP analysis, Critical Success Factors)
  • Advantages and disadvantages of a range of risk assessment and mitigation strategies
  • Introduction to the Triple Bottom Line (People, Planet, Profit) for business sustainability

Judgment Skills and Critical Abilities

  • Use analytical skills to collect and analyse data to assess the attractiveness of new business opportunities in regards to the market, the industry, and the team
  • Use critical thinking skills to detect weaknesses and strengths within a business opportunity, and give suggestions of how to improve these weaknesses and utilize these strengths
  • Critically construct and sustain valid arguments in favour or against a new business idea or opportunity.

Module-Specific Communication Skills

  • Articulate the importance and impact of ensuring business sustainability
  • Use relevant and appropriate terminology when discussing and exchanging views in a business context.
  • Communicate and articulate their ideas clearly in writing and orally.

Module-Specific Learner Skills

  • Appropriately and accurately apply the Harvard referencing system.
  • Acknowledge all sources of information
  • Individually carry out further research in this area

Module-Specific Digital Skills and Competences

  • Search, gather, communicate and share related information using digital resources
  • Identify reliable, authoritative, and current digital sources

Tutors

Our tutors have excellent experience within their field of expertise as well as the necessary academic background.

Prerequisites

  • Three MQF/EQF Level 4 individual single subject qualifications and at least 18 years of age. or
  • One MQF/EQF Level 4 qualification of at least 120 ECTS, or equivalent and at least 18 years of age. or
  • A minimum of 2 years of relevant work experience and at least 21 years of age. or
  • The MATSEC Matriculation Certificate. This comprises 6 subjects, and include passes in a language, a science subject, a humanistic subject, and a pass in the subject ‘Systems of Knowledge’. Two of the 6 subjects must be at an Advanced Level, three of the subjects must be at an Intermediate Level and a pass at the ‘Systems of Knowledge’ subject
  • A pass (at least Grade 5 of better) in the Secondary Education Certificate examinations in the following subjects: English language, Mathematics, and one other subject
  • Other equivalent (international) qualifications will be considered on a case-by-case basis

All learners must have proficiency in the English language (evidence of use of the English language at work, 0-level pass in the English language, English as the national language or mother tongue, or other equivalent foreign qualifications equating to Common European Framework (at B2), such as IELTS (overall score of 6.0 with no element less than 5.5), Cambridge English (overall score of 169 with minimum scores of 162), TOEFL (at 72) and others).

Assessment

There are no exams on this programme. The method of assessment to attain this award is based on different methods such as preparing a portfolio of work, building a reflective journal, writing an assignment, and others. The assignment brief is available to you in good time so that you can organise and plan your study time accordingly week by week. You will be guided through the assessment requirements, and you will also receive ongoing feedback throughout the course of studies.

Sessions

Delivery of sessions are held in the evenings (typically starting at 17:30 hours) on different weekdays and according to the timetable of the modules. There is also the possibility of a few Saturday morning sessions.

Opportunities for further studies

Upon successful completion of this Award, you can:

  • Take up the opportunity to follow other Awards in different areas of business and management, or
  • Follow the Certificate in Business and Management (30 ECTS), and
  • This Certificate programme will also lead you to further studies

This award is designed for:

  • Adult learners who want to have an immersive learning experience in this area
  • Working professionals, who have been working for a number of years, and who would like to acquire competencies, knowledge and skills in this area of business and management
  • Prospective learners, who already have a Level 4 and/or a Level 5 qualification, and who would like to challenge themselves within this area of business and management, to further develop their expertise

Course Provider

About MBS
It's Mission and Vision:

"Helping adults achieve their personal and professional development goals to create value for themselves, their organisations and their communities. The motto of our school has always been, Applying Knowledge for Success. This means that we not only promote the acquisition of knowledge through various methods of learning, but also aid in the development of our learners’ abilities to apply that knowledge to their careers and personal lives, driving them towards success."

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