FTMBA 2023_II Foundations of Entrepreneurship
Course code
MBA EAI621, MBA EAI621 SI
Course type
FT MBA Course
Weekly Hours
2,0
ECTS
2.0
Term
FS 2023
Language
Englisch
Lecturers
Prof. Dr. Peter Witt
Please note that exchange students obtain a higher number of credits in the BSc-program at WHU than listed here. For further information please contact directly the International Relations Office.
Course content
The course investigates the process of starting a new company from the perspective of an entrepreneur.
The course provides participants with a theoretical background on entrepreneurship, gives practical advice and knowledge on how to start a company, and discusses the preparation of business plans. We especially focus on three steps of the entrepreneurial journey: opportunity recognition, resource acquisition, and implementation. In addition, the course also looks at the challenges in later stages of the entrepreneurial process, e.g. managing fast growth and realizing a profitable exit.
Class dates
Date | Time |
---|---|
Wednesday, 29.03.2023 | 09:00 - 16:30 |
Wednesday, 12.04.2023 | 09:00 - 16:30 |
Thursday, 13.04.2023 | 09:00 - 16:30 |
Friday, 28.04.2023 | 23:50 - 23:55 |
Learning outcomes
Students understand the major challenges in the process of creating a new company. They learn how to write convincing business plans. Students are enabled to acquire the necessary resources to start their own company. They learn how to raise capital, how to recruit employees, and how to get partners for their new venture.
Literature
Spinelli, Stephen/Adams, Robert (2016): New Venture Creation, Entrepreneurship For The 21st Century, Tenth Edition, Boston
Learningmethods
Lectures, class discussion, case studies
Requirements
none
Total workload
67.5