BST 9742 Small Business Development
BST 9742 Small Business Development
This course, together with BTH 9743 Bachelors Thesis Small Business Development, 15 ECTS, makes up a specialisation of 30 ECTS, which is included in the students final diploma. The course applies to students enrolled on the Bachelors Programme in Marketing or the Bachelors Programme in Business Administration. Other students may choose this course as an elective in their 3rd year.
The course aims at qualifying students for management of small and medium-sized enterprises SMEs as well as for consultancy work for SMEs. This entails that the specialisation has ties to the business community and practical entrepreneurship. Cases and discussions are used to enable students to find work methods for contributing optimally to their own and other students learning. Hence the students become responsible for the learning processes, together with the organizers of the processes.
After completed course students shall have:
- Acquired basic knowledge of entrepreneurship
- Acquired knowledge of decision-making support systems for SMEs
- Learned management of SMEs in various phases, from start-up to winding-up of companies.
- Know about critical sucsessfactors for a SME
After completed course students shall be able to:
- Prepare a business plan with focus on how to develop SMEs.
- Analyse management needs for companies in various phases.
- Prepare plans with budgets and economic consequence analyses.
- The students should develop respect for the complexity of enterprises.
- The students should be able to practice solution-oriented behaviour with ethical reflection.
Acquired skills
After completed course students shall be able to:
Prepare a business plan with focus on how to develop SMEs.
Analyse management needs for companies in various phases.
Prepare plans with budgets and economic consequence analyses.
Reflection
The students should develop respect for the complexity of enterprises.
The students should be able to practice solution-oriented behaviour with ethical reflection.
Development and start-up phase
- External conditions for business in Norway
- Innovation and entrepreneurship
- Development of business ideas
- Business models and business plan process
- From business plan to operational business
- Management challenges in the development and start-up phase
Growth and maturation phase
- Development of leadership-, information and management systems
- Cooperation, alliances and net work
- Practical financial management of SMB
- Management and control in a growth phase
- Board functions in SMB
- Management in a growth phase
Strategic development and renewal
- Development of competence and employer - HRM
- Strategic management and strategic processes in SMB
- Business modelling as process
- Innovation and development processes
- Management of development processes
Change and crises
- Crises and risk management
- Methods and tools for change and readjustment
- Acquisitions, fusions and fisions
- Board control and risk management
- Change management
During the first part of the term there will be given a task via the learning platform It's learning. The assignment is an important part of the preparation and developmentfor the final term paper.
The task may be solved alone or in groups of up to three people. The written task has to be presented in plenary and feedback will be given The task is mandatory.
Students must employ PCs with Internet access. There are no particular requirements as regards IT competence but students must be familiar with using the Internet, database searches and using computer-based tools to analyse, structure and present information. Active use of BI’s Internet-based learning platform It’s Learning.
2 years of bachelor studies in business administration, marketing or equivalent.
Basic course of statistics from the 1st year of the bachelors programme MET 3431 Statistics or MET 2920 Statistics.
| Assessments |
|---|
Exam category: Submission Form of assessment: Written submission Weight: 100 Grouping: Group/Individual (1 - 3) Duration: 1 Semester(s) Comment: The topic of the term paper is preparation of a plan for developing SMEs with focus on critical sucessfactors and risk. Exam code: BST97421 Grading scale: ECTS Resit: Examination when next scheduled course |
| Activity | Duration | Comment |
|---|---|---|
Teaching | 74 Hour(s) | |
Prepare for teaching | 120 Hour(s) | |
Group work / Assignments | 30 Hour(s) | |
Group work / Assignments | 100 Hour(s) | |
Student's own work with learning resources | 76 Hour(s) |
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 15 ECTS credit corresponds to a workload of at least 400 hours.