Key facts

UNE unit code: AFM524

*You are viewing the 2024 version of this unit which may be subject to change in future.

Start
  • Trimester 1 - On Campus
  • Trimester 1 - Online
  • Trimester 3 - On Campus
  • Trimester 3 - Online
Campus
  • Adelaide Location
  • Armidale Campus
  • UNE Sydney Campus
24/7 online support
  • Yes
Intensive schools
  • No
Supervised exam
  • No
Credit points
  • 6

Unit information

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Starting and operating a successful business takes more than just a great idea. Entrepreneurs need a unique set of management, strategic and financial skills to succeed in business.

Studying this unit will equip you with the skills to future proof your career as an entrepreneur.

You will gain an overview of starting and managing enterprises including methods of business acquisition, developing a new business and assessing the feasibility of a business idea. You will learn to develop strategic, operational and financial plans, and gain insights into sources of funding and external assistance, exporting and e-commerce.

You will also explore management functions including marketing, operations, human resource management, and financial management.

In your major assessment task, you will apply research skills to develop a realistic business plan.

Offerings

For further information about UNE's teaching periods, please go to Principal Dates.

Teaching period
Mode/location
Trimester 1On Campus, Adelaide Location
Trimester 1On Campus, UNE Sydney Campus
Trimester 1Online
Trimester 3On Campus, Adelaide Location
Trimester 3Online

*Offering is subject to availability

Intensive schools

There are no intensive schools required for this unit.

Enrolment rules

Pre-requisites
GSB701 or GSB702 or AFM406 or AFM402 or AFM420 and candidature in GradCertAgBus or GradCertMgt or GradCertPubAcc or GradDipMgt or MBA; or candidature in GradCertBus or MBA(Intl) or MBusRes or MBusResHons or MCom or MFS (2015 only) or MInfoTech(Bus) or MIntBus or MPhil(Bus) or MCom(PubAcc) or MBus or MPA or GradCertAgr
Restrictions
AFM324 or AFM424 or GSB717 or MBA717

Notes

Please refer to the student handbook for current details on this unit.

Unit coordinator(s)

profile photo of Kamaljeet Sandhu
Kamaljeet SandhuSenior Lecturer - UNE Business School

Learning outcomes

Upon completion of this unit, students will be able to:

  1. demonstrate an advanced and integrated understanding of the key processes and issues relevant in starting, operating or exiting a business;
  2. demonstrate an expert knowledge of how to research and develop a financial plan and business strategy, and how to assess the financial performance of a business and translate the business strategy into action plans;
  3. use a range of cognitive, communication and research skills to investigate, analyse, synthesise and reflect critically on relevant theories, concepts, methodologies and professional decisions in managing a business; and
  4. work independently and/or collaboratively to plan and execute tasks to enhance professional knowledge and skills.

Assessment information

Assessments are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.

TitleMust CompleteWeightOfferingsAssessment Notes
Feasibility AnalysisYes25%All offerings

Feasibility Analysis.

No. Words: 1300

Feasibility ReportYes60%All offerings

Research and write a Feasibility report. You must achieve at least 50% in this assessment and 50% overall to pass the unit.

No. Words: 4600

Online ActivitiesYes15%All offerings

Online Case Discussion.

No. Words: 1100

Learning resources

Textbooks are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.

Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.

Essentials of Entrepreneurship and Small Business Management, Global Edition

ISBN: 9781292266022

Scarborough, N.M. and Cornwall, J.R., Pearson Education 9th ed. 2019

Text refers to: All offerings

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Studying online

At UNE we know it takes more than just being online to be a great online university. It takes time and experience. We pioneered distance education for working adults back in the 1950s, so we’ve been doing this longer than any other Australian university.

We understand the challenges faced by busy adults studying at home. We know that a vital part of online study is your engagement with the learning community. Communication with your classmates, teaching staff and university support staff will enhance your study experience and ensure that your skills extend beyond the subject matter. UNE’s teaching staff are experts in their field which is why UNE consistently receives five stars from students for teaching quality, support and overall experience.*

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I'm grateful to UNE for the opportunities studying has given me, but above all, for making me realise I could actually do it, and giving me a sense of accomplishment.

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