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Program Type: 
Non Thesis
Course Code: 
MBA 507
Course Type: 
Course Language: 
Course Objectives: 

The goal is to provide a solid background with practical application of important concepts applicable to entrepreneurial environment. Entrepreneurial discussions regarding the key business areas of finance, accounting, marketing and management include the creative aspects of entrepreneurship. Creativity, Innovation and their role for entrepeneurship is covered in detail to familiarize students with these concepts.

Course Content: 

This class addresses the unique entrepreneurial experience of conceiving, evaluating, creating, managing, and potentially selling a business. The course relies on classroom discussion, participation, guest speakers, case analysis, the creation of a feasibility plan, and building a business plan to develop a comprehensive strategy for launching and managing an innovative business. Students will need to draw upon their business education and experience, and apply it to the task of launching a new venture.

Teaching Methods: 
1: Lecture, 2: Question-Answer, 3: Discussion
Assessment Methods: 
A: Exam, B: Presentation, C: Homework

Vertical Tabs

Course Learning Outcomes

Learning Outcomes Learning Outcomes Teaching Methods Assessment Methods
Explain the concept of entrepreneur and entrepreneurship.   1,2,3 A,C
Knows and explains the basic functions of entrepreneurship.   1,2,3 A,C
Explain the importance of entrepreneurship.   1,2,3 A,C
Know and explain the feasibility and business plan preparation steps.   1,2,3 A,C
Knows the stages of setting up the business, explains.   1,2,3 A,C
Explain the structure, management and general operation of small businesses with examples   1,2,3 A,C
Knows the importance of finance in establishing a new business and sources of finance   1,2,3 A,C

Course Flow

Week Topics Study Materials
1 Course Overview & Introduction

The Challenge of Entrepreneurship

Book Chapter 1
2 Inside the Entrepreneurial Mind: From Ideas to Reality Book Chapter 2
3 Designing a Competitive Business Model and
Building a Solid Strategic Plan
Book Chapter 3
4 Conducting a Feasibility Analysis and
Crafting a Winning Business Plan
Book Chapter 4
5 Forms of Business Ownership

The Entrepreneur Interview - Discussion

Book Chapter 5
6 Franchising and the Entrepreneur

The Entrepreneur Interview - Discussion

Book Chapter 6
7 Buying an Existing Business Book Chapter 7
8 Building a Powerful Marketing Plan Book Chapter 8
9 E-Commerce and the Entrepreneur


Book Chapter 9
10 Creating a Successful Business Plan Book Chapter 11
11 Managing Cash Flow Book Chapter 12
12 Choosing the Right Location and Layout Book Chapter 14
13 Global Opportunities Book Chapter 15
14 Building a Team and Management Succession

Course Conclusion

Book Chapter 16
15 Review  
16 Final  

Recommended Sources

Textbook Essentials of Entrepreneurship and Small Business Management, 6th Edition,
 Scarborough, Norman M., Pearson Education, 2011.


Additional Resources  

Material Sharing

Assignments Term Project : Preparing Business Plan
Exams 1 Midterm, 1 Final Exam


Assignment 2 35
Mid-term 1 25
Final 40
Total   100

Course’s Contribution to Program

No Program Learning Outcomes Contribution
1 2 3 4 5  
1 Students learn the essential body of knowledge in business management (functions of management: organization theory: policy and strategy: information, technology and operations management; human capital management; accounting; finance; marketing; economics; and an integrated perspective) and apply them in business life.       X    
2 Students can apply business theories and methods by gaining expertise in at least one of the areas; accounting and finance, management, marketing or human resources management.   x        
3 Students with their research methodologies knowledge can choose the appropriate methods for data gathering and analyzing and can understand and interpret the results, studies and reports.     x      
4 Students gain the required qualifications to make strategic decisions and to take the leader role.   X        
5 Students have the tendency to take active role in team work and can contribute to the team consciously.   x        
6 Students can evaluate information coming from different disciplines, combine those information and they have an interdisciplinary viewpoint.       x    
7 Students have the responsibility and knowledge to conduct independent and original studies both in business and academic arena.   X        
8 Students can follow the local and global business environment dynamics and interpret them.   x        
9 Students understand business ethics and social responsibility concepts         x  
10 Students have required the English proficiency to follow the current events and improvements in their professional area and to communicate their ideas in international business arena. x          
11 Students should understand the importance of lifelong learning to maintain personal and professional development. X          
12 Students should demonstrate that they have the discipline and responsibility to conduct an independent study, project, research     x      
13 Students can demonstrate that they have the commercial law knowledge which is shaping the global business world and though these they have the ability to reach a solution.         X  


Activities Quantity Duration
Course Duration (Including the exam week: 16 x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 3 48
Mid-term 1 3 3
Presentation 3 10 30
Homework 3 8 24
Final examination 1 3 3
Total Work Load     156
Total Work Load / 25 (h)     6,24
ECTS Credit of the Course     6