Entrepreneurship & new venture strategy
MGT-413 / 4 credits
Teacher: Gruber Marc
Language: English
Withdrawal: It is not allowed to withdraw from this subject after the registration deadline.
Remark: Special schedule. See the MTE website: https://go.epfl.ch/mte
Summary
A foundational course on the science and practice of launching new ventures. The purpose is to study and experience the first stages of the entrepreneurial process: from the identification of promising opportunities to the development of a viable and innovative business concept.
Content
- Introduction to entrepreneurship
- Opportunity identification and evaluation
- Entrepreneurial teams
- Pitching and presentation skills
- Testing and validation
- Business model design
- Marketing and business planning
- Financing and fundraising
- Social entrepreneurship
Keywords
Entrepreneurship, New ventures, Technology commercialization, Ideation, Prototyping, Lean Startup
Learning Outcomes
By the end of the course, the student must be able to:
- Recognize the challenges of new venture creation in a comprehensive, integrative way
- Conduct the early stages of the entrepreneurial process by working on a venture project proposal
- Define your ability to analyze and evaluate new venture opportunities
- Prove the ability to write and present a convincing venture project proposal
- Develop an "entrepreneurial mindset"
- Recognize the challenges of new venture creation in a comprehensive, integrative way
Transversal skills
- Resolve conflicts in ways that are productive for the task and the people concerned.
- Continue to work through difficulties or initial failure to find optimal solutions.
- Take feedback (critique) and respond in an appropriate manner.
- Collect data.
- Take responsibility for environmental impacts of her/ his actions and decisions.
- Communicate effectively with professionals from other disciplines.
- Give feedback (critique) in an appropriate fashion.
- Negotiate effectively within the group.
- Demonstrate a capacity for creativity.
Teaching methods
- Team work (developing business plan for a new venture)
- In-class exercises
- Lectures
- Case studies
- Guest speakers
Assessment methods
The course follows a continuous assessment approach, which provides more opportunities for feedback and learning from peers, lecturers and experts, and distributes more evenly the workload. Both individual- and team-based grades are given. 60% group project, 40% individual assesment.
Supervision
| Office hours | Yes |
| Assistants | Yes |
| Forum | Yes |
| Others | Office hours upon request |
Resources
Virtual desktop infrastructure (VDI)
No
Bibliography
Relevant readings and resources are given in the comprehensive syllabus handed out at the beginning of the term
Websites
Moodle Link
In the programs
- Semester: Spring
- Number of places: 50
- Exam form: During the semester (summer session)
- Subject examined: Entrepreneurship & new venture strategy
- Courses: 2 Hour(s) per week x 14 weeks
- Project: 1 Hour(s) per week x 14 weeks
- Type: optional
- Semester: Spring
- Number of places: 50
- Exam form: During the semester (summer session)
- Subject examined: Entrepreneurship & new venture strategy
- Courses: 2 Hour(s) per week x 14 weeks
- Project: 1 Hour(s) per week x 14 weeks
- Type: optional
- Semester: Spring
- Number of places: 50
- Exam form: During the semester (summer session)
- Subject examined: Entrepreneurship & new venture strategy
- Courses: 2 Hour(s) per week x 14 weeks
- Project: 1 Hour(s) per week x 14 weeks
- Type: optional