COURSE INFORMATION Course Title: SMALL BUSINESS MANAGEMENT AND ENTREPRENEURSHIP

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
BUS 423	B	1	3	0	0	3	7.5

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Alba Kruja , Thursday 14:30-16:30
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Compulsory
Classroom and Meeting Time:	E 110 Thursday 18:00 - 20:45
Course Description:	This integrative management course is designed to communicate the academic principles of business management applicable to solving of problems of small size businesses and assist in their development. This course will provide a background in the forms of business, the development of business plans and systems integration, venture capital, accounting, procurement, promotion, financing, distribution and negotiations for initial organization, and operation and expansion of the firm. By linking theory and practice the course aims to provide students an entrepreneurial perspective and a hands-on experience in the development of new business ventures.
Course Objectives:	To expand the concepts of entrepreneurship, innovation to the new venture foundation process. To enable students to explore an idea and investigate whether it can be turned into a viable business opportunity and prepare a business plan.

COURSE OUTLINE

Week	Topics
1	Introduction to Entrepreneurship & Overview of Course Syllabus
2	Recognizing Opportunities & Generating Ideas
3	Feasibility Analysis
4	Developing an Effective Business Model
5	Industry & Competitor Analysis
6	Writing a Business Plan
7	Preparing the Proper Ethical -Legal Foundation & Building a Venture Team
8	Midterm Exam
9	Developing the Marketing Plan
10	Operations Plan & Product Design & Development Plan
11	Assessing a New Venture`s Financial Strength & Viability
12	Managing Cash Flows & Getting Financing or Funding
13	Project Presentations
14	Project Presentations

Prerequisite(s):	NA
Textbook:	Barringer B., Ireland R., Entrepreneurship: Successfully Launching New Ventures, 4th Edition, Pearson Barringer B., Preparing Effective Business Plans: An Entrepreneurial Approach,, Pearson
Other References:	Hisrich R., Ramadani V., Effective Entrepreneurial Management: Strategy, Planning, Risk Management & Organization, Springer
Laboratory Work:	NA
Computer Usage:	NA
Others:	No

COURSE LEARNING OUTCOMES

1	Analyze and evaluate the process of entrepreneurship and ways to manage it.
2	Recognize the entrepreneurial potential within yourself and others in your environment.
3	Identify the many ways in which entrepreneurship manifests itself, including start-up contexts, corporate contexts, social contexts, public sector contexts, and others.
4	Prepare feasibility studies to distinguish between ideas and entrepreneurial opportunities and determine the profitability of a business venture.
5	Manage the practical challenges of starting/acquiring, operating, financing, and marketing a successful small business including the elements of a business plan.
6	Design, develop and present a business plan including the skills required for practical business writing, analysis, and presentation before critical reviewers.
7	Build skills required for working as teams to develop a business plan which represents a realistic business situation that could be implemented if a student, student team, or other entrepreneur chose to do so.

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Master of Science in Business Administration Program
1	Integrate theories from business and economics to tackle business problem	5
2	Inspire an open minded-attitude through continuous learning and team-work.	5
3	Demonstrate ethical, social, and legal responsibilities in organizations	5
4	Organize and pursue scientific research projects	5
5	Enhance persuasive communication and presentation capabilities.	5
6	Critically evaluate contemporary research in specific business areas.	5

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	20
Presentation	1	10
Project	1	30
Final Exam	1	30
Attendance		10
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	3	48
Hours for off-the-classroom study (Pre-study, practice)	16	3	48
Mid-terms	1	21.5	21.5
Assignments	10	4	40
Final examination	1	30	30
Other			0
Total Work Load:			187.5
Total Work Load/25(h):			7.5
ECTS Credit of the Course:			7.5