Module Details

Module Code: MGMT8025
Title: Enterprise for ECEC
Long Title: Enterprise for ECEC
NFQ Level: Advanced
Valid From: Semester 1 - 2017/18 ( September 2017 )
Duration: 1 Semester
Credits: 5
Field of Study: 3450 - Business & Management
Module Delivered in: 1 programme(s)
Module Description: The aim of this module is to provide students from an ECEC background with the specific practical skills and relevant knowledge to develop enterprises going forward. The parameters of this module will include the analysis of both social and commercial enterprises, experience from the 'real world' of an entrepreneur and provide an opportunity for ECEC students to create their own employment.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Critically examine the role and importance of social & commercial entrepreneurship in society, with particular reference to the Early Years Education and Care sector.
LO2 Identify the key issues involved in enterprise creation and apply criteria to identify and evaluate business opportunities.
LO3 Analyse the importance of areas related to the creation of an enterprise e.g. Finance, Marketing, Management, Operations, Funding, Time Management, Business Administration and practical knowledge of the taxation system, basic business accounts, costs & document management
LO4 Discuss business cash-flow and profitability by identifying how a business is financially structured.
LO5 Demonstrate ICT skills for business administration and financal applications in the Childcare sector.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).

Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.

No requirements listed
 
Indicative Content
The Entrepreneur
The nature and importance of entrepreneurs, decisions, process, role in economic development, background and characteristics. Social & Commercial entrepreneurship and its contribution to society and economic development. The entrepreneur as an agent for positive change and as a creator of employment in the economy.
The Economic Environment
Understand how business is affected by the issues in the national and global economies, using PESTEL to analyse the economic environment and its impact on a start up opportunity. Explain the factors that influence competition in the sector. Business models (Public versus Private sector) & funding approaches to childcare in European economies. SWOT Analysis.
Business and Strategic planning for the ECCE Business
Introduction to the various elements of business and strategic planning to equip the students with the requisite knowledge to formulate the business plan for their own enterprise, e.g. Finance, Fundamental Marketing, Management, Operations, Funding, Time Management, performance measurement milestones, scaling & sustainability of the enterprise. Business Model Canvass.
Financial Planning & Management
Credit management; practical book keeping; introduction to spreadsheet formulas/functions; worksheets charts. Cash flow forecasts, the nature of cost & pricing, Break-Even Analysis budget requisitions and funding; principals of financial control. Outlining the various areas of compliance as expected by the reveneue commissioners
Feasibility Plan
The Feasibility Plan Definition, scope and value of feasibility, evaluation of feasibility plans, writing the feasibility plan, content of a business plan, using and implementing the business plan, why some businesses fail?
Module Content & Assessment
Assessment Breakdown%
Coursework100.00%

Assessments

Coursework
Assessment Type Short Answer Questions % of Total Mark 30
Timing Week 9 Learning Outcomes 1,2
Assessment Description
In-Class Assessment
Assessment Type Written Report % of Total Mark 70
Timing Sem End Learning Outcomes 3,4,5
Assessment Description
Feasibility Study Plan & Group Presentation
No End of Module Formal Examination
Reassessment Requirement
Coursework Only
This module is reassessed solely on the basis of re-submitted coursework. There is no repeat written examination.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Class Lecture Every Week 2.00 2
Lab Contact Computer Lab Every Week 1.00 1
Independent & Directed Learning (Non-contact) Non Contact Independent Study Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Class Lecture Every Week 2.00 2
Lab Contact Computer Lab Every Week 1.00 1
Independent & Directed Learning (Non-contact) Non Contact Independent Study Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
 
Module Resources
Recommended Book Resources
  • Robert Hisrich, Michael Peters, Dean Shepherd. (2012), Entrepreneurship, 9th. McGraw-Hill/Irwin, [ISBN: 0078029198].
Supplementary Book Resources
  • Kathleen Allen. (2015), Launching New Ventures-An Entrepreneurial Approach, 7th. Cengage Learning, [ISBN: 1305102507].
  • Joe Tidd and John Bessant. (2015), Innovation and Entrepreneurship, 3rd. Wiley, [ISBN: 9781118993095].
  • Amin, A., Cameron, A. and Hudson, R.. (2002), Placing the Social Economy, Routledge.
Recommended Article/Paper Resources
  • Bloom, P. and Smith, B.. (2010), ‘Identifying the drivers of social entrepreneurial impact: Theoretical development and an exploratory empirical test of SCALERS’, Journal of Social Entrepreneurship, Vol. 1, No.1 pp.126-145.
Supplementary Article/Paper Resources
  • Lyon, F., Fernandez. H.. (2012), Scaling up social enterprise: strategies taken from early years providers, Third Sector Research Centre - University of Birmingham, Working Paper 79, April 2012.
Other Resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_HMONT_8 Bachelor of Arts (Honours) in Montessori Education 8 Elective