Modulhandbuch (Module manual)

M.184.5170 The theory and practice of entrepreneurship
(The theory and practice of entrepreneurship)
Koordinator (coordinator): Prof. Dr. Wendelin Schnedler
Ansprechpartner (contact): Dilan Okcuoglu (dilan.okcuoglu[at]
Credits: 5 ECTS
Workload: 150 Std (h)
Semesterturnus (semester cycle): SoSe/WS
Studiensemester (study semester): 1-4
Dauer in Semestern (duration in semesters): 1
Lehrveranstaltungen (courses):
Nummer / Name
(number / title)
(contact time)
Status (P/WP)
(group size)
a) K.184.51701 / The theory and practice of entrepreneurship Seminar 30 Std (h) 120 Std (h) P 20 TN (PART)
Wahlmöglichkeiten innerhalb des Moduls (Options within the module):
Empfohlene Voraussetzungen (prerequisites):

​The course has no formal pre-requirements. Some familiarity with marketing research and/or financial management is recommended but not essential​.

Inhalte (short description):

​The course is envisioned as a venture-creation simulation. Thus, the students will develop their entrepreneurial competencies through an experiential, context-relevant learning experience. For that, we will mix a basic set of lectures with the development of an entrepreneurial project in teams. Classroom activities and assignments will lead the teams in the development and completion of their projects. The course follows the new venture lifecycle, from the initial conceptualization of a business idea, to its planning, funding and exit strategies. By following that process the course integrates fundamental theory and practical application designed to develop the competencies needed to grow a competitive and enduring enterprise.​

Lernergebnisse (learning outcomes):
Fachkompetenz Wissen (professional expertise):
  • ​Understand the core elements of a business model, comprising a value proposition, business infrastructure and financials.
  • Comprehend the lifecycle of a startup, its different stages and the funding and exit strategies available at each stage (eg. Seed investments, acceleration programs, IPOs)​

  • Fachkompetenz Fertigkeit (practical professional and academic skills):
  • ​Identify and assess an entrepreneurial opportunity based on their knowledge of the market (customer needs) and the characteristics of the industry (barriers to entry, market concentration)
  • Conceptualize a business model based on an attractive entrepreneurial opportunity identified in their context
  • Develop a plan to test when a business idea can reach a state of product/market fit

  • Personale Kompetenz / Sozial (individual competences / social skills):
  • ​Develop team working skills from collaborating in simulated entrepreneurial projects in the class
  • Discuss entrepreneurial opportunities in a concise, complete and persuasive manner with team members and other stakeholders ​

  • Personale Kompetenz / Selbstständigkeit (individual competences / ability to perform autonomously):
  • ​Increase their self-efficacy by determining and assessing the fulfilment of their goals within the entrepreneurial projects developed in class
  • Strengthen their resilience by learning how to adapt and change while persevering in their entrepreneurship projects when the evidence from the market so requires ​

  • Prüfungsleistungen (examinations)
    Art der Modulprüfung (type of modul examination): Modulteilprüfungen
    Art der Prüfung
    (type of examination)
    a) Hausarbeit mit Präsentation pages: 7-15 / presentation minutes 10: 40.00 %
    b) Gruppenarbeit activities in class 40.00 %
    c) Besondere Form der Leistungserbringung. Details siehe Prüfungsumfang 3 record a short video 20.00 %
    Studienleistung / qualifizierte Teilnahme (module participation requirements)
    Voraussetzungen für die Teilnahme an Prüfungen (formal requirements for participating in examinations)
    Voraussetzungen für die Vergabe von Credits (formal requirements for granting credit points)
    Die Vergabe der Credits erfolgt, wenn die Modulnote mindestens „ausreichend“ ist
    Gewichtung für Gesamtnote (calculation of overall grade)
    Das Modul wird mit der Anzahl seiner Credits gewichtet (Faktor: 1)
    Verwendung des Moduls in den Studiengängen (The module can be selected in the following degree programmes)
    M.Sc. IBS, M.Sc. BWL, M.Sc. International Economics and Management, M.Sc. Management, M.Sc. Management Information Systems, M.Sc. Taxation, Accountingand Finance, M.Sc. Winfo, M.Sc. Wirtschaftspädagogik, M.Ed. Wirtschaftspädagogik
    Umfang QT (participation requirements):
    Lernmaterialien, Literaturangaben (learning material, literature):
    Teilnehmerbegrenzung (participant limit):
    20 Personen
    Sonstige Hinweise (additional information):
    ​Lecture days will be presented in PAUL.

    Students, who miss the first day without being officially excused, will be unregistered from the course!

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