Module Details

Module Code: MGMT8060
Title: Enterprise for ECEC (0-12yrs)
Long Title: Enterprise for ECEC (Birth to 12 years)
NFQ Level: Advanced
Valid From: Semester 2 - 2019/20 ( January 2020 )
Duration: 1 Semester
Credits: 5
Field of Study: 3450 - Business & Management
Module Delivered in: 2 programme(s)
Module Description: This module provides students from the Education and Care (birth to 12 years) sector with practical skills and relevant knowledge to establish their own individual enterprise. Drawing on a range of subject areas related to the creation of an enterprise e.g. Finance, Marketing, Management, Funding, students will apply the knowledge gained to the sector. The parameters of this module will include the analysis of both social and commercial enterprises.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Assess the importance of social & commercial entrepreneurship in society, with particular reference to the Early Childhood Education & Care sector (birth to 12 years).
LO2 Critique the profile an Education and Care Entrepreneur.
LO3 Analyse the external Business Environment in which an Education and Care Business operates.
LO4 Identify the key areas of a Business Plan in the development of an Education and Care Enterprise (birth to 12 years).
LO5 Discuss business cash-flow and profitability by identifying how a business is financially structured.
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
Entrepreneurship
The nature and importance of Education and Care Entrepreneurs, decisions, process, role in economic development, background and characteristics. Social & Commercial Entrepreneurship and its contribution to society and economic development. The Education and Care Entrepreneur as an agent for positive change.
The Economic Environment
Understand how the Education and Care (birth to 12 years) enterprise is affected by the issues in the national and global economies, using SWOT & 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 Early Childhood Education and Care in European economies.
Business and Strategic planning for the ECEC Business
Introduction to the various elements of business and strategic planning to equip the student with the requisite knowledge to formulate the business plan for their own enterprise, e.g. Finance, Fundamental Marketing, Management, Operations, Funding, Communications, Time Management, Performance Measurement Milestones, Scaling & Sustainability of the enterprise. Business Model Canvass.
Financial Planning & Management
Sources of Funding; Credit management; Practical Book Keeping; introduction to Spreadsheets for Business. Cash flow forecasts, the nature of cost & pricing, Break-Even Analysis & Budgeting; principals of financial control. Outlining the various areas of compliance as expected by the revenue commissioners
Module Content & Assessment
Assessment Breakdown%
Coursework100.00%

Assessments

Coursework
Assessment Type Project % of Total Mark 30
Timing Week 6 Learning Outcomes 1,3
Assessment Description
Profile an Education and Care Entrepreneur
Assessment Type Project % of Total Mark 70
Timing Week 13 Learning Outcomes 4,5
Assessment Description
For example: prepare and present a Business Plan detailing the establishment of a contemporary Education and Care (birth to 12 years) related enterprise. This assignment may be completed on an individual or group basis.
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 Delivery of content and material underpining learning outcomes Every Week 2.00 2
Lab Contact Lab will be used to deliver IT related skills including spreadsheet software and other business related components to support business planning. Every Week 1.00 1
Independent & Directed Learning (Non-contact) Non Contact Student undertakes independent study. The student needs to read the recommeded textbooks and review various news articles on the topic in the media 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 Delivery of content and material underpining learning outcomes Every Week 2.00 2
Lab Contact Lab will be used to deliver IT related skills including spreadsheet software and other business related components to support business planning. Every Week 1.00 1
Independent & Directed Learning (Non-contact) Non Contact Student undertakes independent study. The student needs to read the recommeded textbooks and review various news articles on the topic in the media 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. (2020), Entrepreneurship, 11th. McGraw-Hill/Irwin, [ISBN: 1260043738].
  • Dillon, A.. (2014), Step by Step Spreadsheets, 3rd Edition. Gill Education, [ISBN: 9780717160440].
Supplementary Book Resources
  • Kathleen Allen. (2015), Launching New Ventures-An Entrepreneurial Approach, 8th. Cengage Learning, [ISBN: 9781305102507].
  • 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, [ISBN: 0415260892].
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_HECEC_8 Bachelor of Arts (Honours) in Early Childhood Education and Care 1 Mandatory
CR_HMOED_8 Bachelor of Education (Honours) in Montessori Education 8 Mandatory