University of Sydney Handbooks - 2016 Archive

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Units of study for the Graduate Certificate in Innovation and Enterprise

The Business School website (sydney.edu.au/business/pgunits/) contains the most up to date information on unit of study availability and other requirements. Timetabling information for 2016 is also available on the Business School website (sydney.edu.au/business/timetable). Students should note that units of study are run subject to demand.

Table of postgraduate units of study: Graduate Certificate in Innovation and Enterprise

Unit of study Credit points A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition Session

Core units of study

IBUS5002
Strategy, Innovation and Entrepreneurship
6    N IBUS5001
Semester 1
Semester 2
IBUS6015
Entrepreneurship and Innovation Project
6    C IBUS5002

Note: Department permission required for enrolment
Students need permission from the Discipline to enrol unless they are enrolled in the GradCertInn&Ent where this is a core unit.
Intensive December
Intensive February
Intensive January
Intensive July
Intensive March
Semester 1
Semester 2

Elective units of study

Students must complete 12 credit points in elective units
IBUS6007
International Business Special Project
6   
Note: Department permission required for enrolment

Intensive December
Intensive February
Intensive January
Intensive July
Intensive October
Semester 1
Semester 2
IBUS6011
New Business Opportunities and Startups
6    A IBUS5002, or completion of at least 24 credit points
N IBUS5011 or WORK6112
Semester 1
Semester 2
IBUS6012
Business Innovation and Sustainability
6    A IBUS5002, or completion of at least 24 credit points
Semester 2
IBUS6013
Business Restructuring and Renewal
6    A IBUS5002, or completion of at least 24 credit points
Semester 2
IBUS6014
Intellectual Property Management
6    A IBUS5002, or completion of at least 24 credit points
Semester 1
IBUS6016
Social Entrepreneurship
6    A IBUS5002, or completion of at least 24 credit points
Semester 1
Summer Late
IBUS6023
Engaged Entrepreneurship Projects
6    P IBUS5002

Note: Department permission required for enrolment

Intensive December
Intensive February
Intensive January
Intensive July
Intensive March
Semester 1
Semester 2

Unit of study descriptions for the Graduate Certificate in Innovation and Enterprise

Note: These unit of study descriptions are listed alphanumerically by unit code.

IBUS5002 Strategy, Innovation and Entrepreneurship

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 3hr seminar per week Prohibitions: IBUS5001 Assessment: individual assignments (40%), group assignment (30%), and final exam (30%) Mode of delivery: Normal (lecture/lab/tutorial) evening
This foundation unit provides an introduction to the essential concepts and frameworks relevant to the fields of strategy, innovation and entrepreneurship. Topics covered include the key elements of business strategy, including developing a business mission, understanding the external environment, reviewing internal resources and capabilities, and business and corporate strategy. The importance of entrepreneurial activity and the challenges faced by startup ventures, as well as examples of successful and unsuccessful business innovations, are highlighted. The emphasis of the unit is on understanding the strategic activity of both startup and established businesses with a focus on issues relevant to entrepreneurs as well as business managers.
IBUS6007 International Business Special Project

Credit points: 6 Session: Intensive December,Intensive February,Intensive January,Intensive July,Intensive October,Semester 1,Semester 2 Classes: 2 x 3 hr seminars day pre-departure seminar (Sydney), 30 hrs lectures in country action-research, 1x 3hr seminar post trip (Sydney) Assessment: Individual Assessments (75%), and Group Assessments (25%) Mode of delivery: Supervision
Note: Department permission required for enrolment
The special project in International Business provides students with an opportunity to undertake a supervised research project on an approved topic.
IBUS6011 New Business Opportunities and Startups

Credit points: 6 Teacher/Coordinator: Bronwyn Darlington Session: Semester 1,Semester 2 Classes: Semester 1 & 2: 1x 3 hr lecture/seminar per week; Intensive session: 2 x 3hr lecture/workshops pre-departure (Sydney), 30hrs lecture/workshops in country action-research, 1 x 3hr seminar post trip (Sydney) Prohibitions: IBUS5011 or WORK6112 Assumed knowledge: IBUS5002, or completion of at least 24 credit points Assessment: business opportunity and strategy design assignment (35%), start?up financials (15%), business plan assignment and presentation (50%) Mode of delivery: Normal (lecture/lab/tutorial) evening
For small open economies such as Australia's, new business opportunity identification and exploitation are often critical to firms' long-term growth and survival. Identifying new markets, developing new products and implementing new business models are highly-regarded and valuable skills for entrepreneurs and business managers alike. In addition to exploring the special problems (and advantages) associated with entrepreneurial start-ups, the unit explores commercialisation and corporate venturing. Topics include opportunity recognition, strategy development, business planning and investor documentation, venture capital and other funding sources, as well as entrepreneurial and creative leadership. The unit is structured around learning from engaged practice, and requires students to work with startup and early stage businesses.
IBUS6012 Business Innovation and Sustainability

Credit points: 6 Session: Semester 2 Classes: 1x 3 hr lecture/seminar per week Assumed knowledge: IBUS5002, or completion of at least 24 credit points Assessment: Individual assignments (60%), group project (30%), and presentation (10%) Mode of delivery: Normal (lecture/lab/tutorial) evening
Businesses are increasingly challenged to build sustainability into their core business model. This unit centres on business- and corporate-level strategy, focussing on sustainability and the development of skills and knowledge required to formalise controls and systems while sparking and coping with rapid entrepreneurial growth. Topics include harnessing and leveraging resources and capabilities, internationalising ventures, social and environmental sustainability, mergers and acquisitions and avoiding the pitfalls of rapid growth. It also explores the processes involved in strategy formulation, including decision-making and design thinking. The unit is structured around learning from engaged practice, and requires students to work with businesses in their search for balanced growth options and their appropriate funding.
IBUS6013 Business Restructuring and Renewal

Credit points: 6 Session: Semester 2 Classes: 1x 3hr lecture/seminar per week Assumed knowledge: IBUS5002, or completion of at least 24 credit points Assessment: Individual assignment (55%), group project (30%), and group presentation (15%) Mode of delivery: Normal (lecture/lab/tutorial) evening
Entrepreneurial business opportunities do not always relate to early-stage or start-up businesses. Later-stage business investments, whether buying existing businesses or turning around failing enterprises, are a significant and growing focus of entrepreneurial activity. This unit explores the process of acquiring and reinvigorating established businesses and how to secure private equity funds (leveraged buy-outs) or corporate funding. The focus is on opportunity evaluation, business model innovation, management and revitalisation rather than financial structuring. Students have the opportunity to apply the functional skills learned in core strategy, finance, marketing, and management units to real opportunities. As well as being of interest to those wishing to acquire and manage their own business, the unit is appropriate for those working in 'big' business and the financial markets.
IBUS6014 Intellectual Property Management

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr seminar/wk Assumed knowledge: IBUS5002, or completion of at least 24 credit points Assessment: individual assignment (20%), mid semester test (15%), major project written report (30%), class participation (10%), final exam (25%) Mode of delivery: Normal (lecture/lab/tutorial) evening
Intellectual property (IP) represents theproperty of an individual's mind, intellect, and proprietary knowledge.There are a number of means ofprotecting IP, including patents, copyright andtrademarks.Creating IP does not necessarily meanan individual own the rights to use it, as most forms require individuals to take formal steps toregister their IP and obtain the legal rights of ownership(both in Australiaand internationally).This unit covers aspects including the concept of IP, how to identify andprotect it in a local and international context, creating theconditions toencourage and leverage IP in a commercial context, how to manage a portfolio ofIP, and enforcement scenarios. The unit concentrates on how to utilise IP tocreate, controland exchange value, with particular attention paid to thepractice of open innovation.
IBUS6015 Entrepreneurship and Innovation Project

Credit points: 6 Teacher/Coordinator: Dr Richard Seymour Session: Intensive December,Intensive February,Intensive January,Intensive July,Intensive March,Semester 1,Semester 2 Classes: 1x 3hr seminar/wk Corequisites: IBUS5002 Assessment: Research proposal (20%), critique (10%), instructor updates (15%), presentation (15%) and major research report (40%) Mode of delivery: Normal (lecture/lab/tutorial) evening
Note: Department permission required for enrolment
Note: Students need permission from the Discipline to enrol unless they are enrolled in the GradCertInn&Ent where this is a core unit.
This unit is designed to assist students to develop specialised knowledge and communicative skills in the context of entrepreneurship, innovation and sustainability. Students complete a research project that explores the phenomena of strategy, sustainability and/or entrepreneurship in a context of their choice or as proposed by an academic. This research addresses a specific entrepreneurial problem or opportunity confronting business. For example, these research projects could relate to action research in a remote or rural enterprise, students' own enterprise, or future career. The unit is offered to students undertaking the Graduate Certificate in Innovation and Enterprise, as well as those in the Master of Commerce who successfully apply for special permission.
IBUS6016 Social Entrepreneurship

Credit points: 6 Teacher/Coordinator: Jarrod Ormiston Session: Semester 1,Summer Late Classes: Semester 1: 1x 3h lecture/workshop per week; Intensive sessions: 2 x 3hr lecture/workshops pre- departure (Sydney), 30hrs lecture/workshops in country, 1 x 3hr seminar post trip (Sydney) Assumed knowledge: IBUS5002, or completion of at least 24 credit points Assessment: individual report (25%), practice and final pitch (25%), final report (25%), reflective piece (15%), workshop engagement and participation (10%) Mode of delivery: Normal (lecture/lab/tutorial) day
Social entrepreneurs are committed to furthering a social mission through enterprises that rank social, environmental or cultural impact on a par with, or even above, profit. Intersecting the business and not-for profit worlds, social entrepreneurship addresses many complex local and global problems. This unit critically introduces the concept and develops frameworks for understanding social entrepreneurship (also referred to as social enterprise and social innovation). Teaching and learning utilises case studies, and includes the opportunity to apply theory to real-world experiences. Topics include creating innovative social enterprises, sustainable business models, philanthropy and funding, impact assessment, and leadership. The unit is structured around learning from engaged practice, and provides the opportunity to work with social enterprises.
IBUS6023 Engaged Entrepreneurship Projects

Credit points: 6 Session: Intensive December,Intensive February,Intensive January,Intensive July,Intensive March,Semester 1,Semester 2 Classes: classes will include 39 hours contact with heavy emphasis on a mix of seminars, workshops and other sessions. With intensive block mode, students will typically be in-country for a period of 2 weeks, with seminars prior and after departure Prerequisites: IBUS5002 Assessment: market opportunity presentation (10%), business pitch presentation (10%), written business plan (20%), critical review report (30%), reflective report (30%) Mode of delivery: Normal (lecture/lab/tutorial) evening
Note: Department permission required for enrolment
This unit of study will be intensively taught off campus, enabling you to engage deeply with entrepreneurial contexts and opportunities. The unit will be offered in a variety of contexts but could include businesses in cities, towns or remote locations in Australia and Asia. You will work intensively with a business or community to resolve a particular problem, and apply entrepreneurial insights and actions to grow an existing or new enterprise. These problems could be addressed through commercial or social entrepreneurship, and will typically require that you engage with other fields such as architecture or engineering. The focus of the unit is learning with action, and acting with learning - you will cover topics that will ensure you appropriately understand the situation, as well as organisational resources, capabilities and vision. With this understanding you will be challenged to develop an entrepreneurial strategy and funding proposal that can be implemented by the enterprise.