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CHRIST (Deemed to University), BangaloreDEPARTMENT OF PROFESSIONAL STUDIESSchool of Commerce, Finance and Accountancy |
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Syllabus for
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Assesment Pattern | |||||||||||||||||||||||||||||||||||||||||||||
Grading Pattern: Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:
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Examination And Assesments | |||||||||||||||||||||||||||||||||||||||||||||
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc. Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
· Written Examinations consists of: § Mid Semester Exam – 50 Marks (2 hours duration) § End Semester Exam – 100 Marks (3 hours duration) · A student should secure a minimum of 50% Marks in the ESE to pass in that paper. · In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
Question Bank: Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem-solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert. Question Paper Pattern for the End Semester Examination: The question paper pattern for the End Semester Examination is as follows:
§ Section A Conceptual / Descriptive Type questions 6 out of 8 questions of 2 mark each. § Section B Analytical / Essay type questions with choice – 5 out of 7 questions of 5 marks each § Section C Analytical/ Essay type questions with choice – 3 out of 5 questions of 15 marks each § Section D One Compulsory Question – 18 marks
Continuous Internal Assessments (CIA):
CIA – 1 and 3 : Continuous Internal Assessment Written (reports) – Group or Individual, Understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc. CIA – 2: Continuous Internal Assessment - Mid Semester Exam (MSE) Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose. The question paper pattern for the Mid Semester Examination is as follows:
Attendance: The marks distribution for attendance is as follows: 95 – 100% - 5 marks 90 – 94% - 4 marks 85 – 89% - 3 marks 80 – 84% - 2 marks 76 – 79% - 1 mark | |||||||||||||||||||||||||||||||||||||||||||||
Department Overview: | |||||||||||||||||||||||||||||||||||||||||||||
Department of Professional Studies (DPS) offers some of the most unique and inter-disciplinary courses in the field of commerce and management. It was established in the year 2002 as Centre for Career Advancement (CCA), and later upgraded to Department of Professional Studies in 2007. The department aims at professional training for wider career opportunities. This is achieved through value enhancement programmes (Add-on courses and programmes) along with the academic degrees to equip the students to meet the challenges and prospects of contemporary academia and the corporate sector. All courses of the department are conducted by academicians and highly qualified practicing professionals. Soft Skills and Activity Sessions (SSA) are a compulsory component of every programme of the department and is assigned to make the students excel in soft skills, team work, communication, public speaking, debates, general knowledge etc. By the end of Second year of PG, each student is expected to conduct at least two training sessions as a professional trainer in the other departments of the university or in other institutions. | |||||||||||||||||||||||||||||||||||||||||||||
Mission Statement: | |||||||||||||||||||||||||||||||||||||||||||||
Vision: To develop into a Centre of Excellence in Education, Training and Research in the field of Commerce and Management Mission: To impart holistic education through state-of-the-art technology with the aim of producing professionals in the field of commerce and management, and also to launch new programmes to bridge the gap between academia and the corporate sector by meeting stakeholder requirements. | |||||||||||||||||||||||||||||||||||||||||||||
Introduction to Program: | |||||||||||||||||||||||||||||||||||||||||||||
Master of Science (Innovation and Entrepreneurship) program is designed to provide the tools necessary for starting independent businesses. It also gives students practical experience in research, commercialisation and proactively work in projects in risky market environments. This Programme provides an opportunity for skill up gradation through higher education focussed on innovation and entrepreneurship and is imparts knowledge on the requirements of the creation of start ups and to organize the family business. With a focus on the Corporate Residency aspect that ensures to bring in insights on learning, focused entrepreneurship and networking opportunities. This program will facilitate the students with competencies and knowledge in key business functional areas, understand the changing business environment and apply the new business management solutions in terms of start-up ideas. The new start-ups ideas are well supported with the network of people and can incubate the start ups with right direction so that the idea flourishes into a sustainable business. With the start up ecosystem in India and especially in Bangalore helps in brining the new ideas to start-up. The initiatives is to bring about the economic growth a need is felt for the entrepreneurs and innovations to provide employment to the people and also generate a sustainable business model. The focus is on creation of incubation and management of existing family businesses. | |||||||||||||||||||||||||||||||||||||||||||||
Program Objective: | |||||||||||||||||||||||||||||||||||||||||||||
Programme Outcome/Programme Learning Goals/Programme Learning Outcome: PO1: Innovate, iterate and apply entrepreneurial expertise for making effective business decisions.PO2: Apply relevant knowledge of Accounting, Financial management, Law and Taxation to perform strategic decisions in the business space. PO3: Demonstrate expertise as business specialists with deep knowledge of incubation, business feasibility and sustainability to accelerate the growth and success of new ventures. PO4: Exhibit expertise in applying digital tools, disruptive business models, business design thinking, innovation strategy and management to create successful and sustainable businesses. PO5: Evaluate and resolve real time business problems with specialized knowledge developed through experiential learning. PO6: Demonstrate leadership traits, communication skills and innovative thinking for optimal performance in personal, professional, societal and environmental domains. PO7: Exhibit ethical values, social sensitivity and sense of equality to embrace diversity and inclusion and promote peaceful co-existence Programme Specific Outcome: PS01: The students will be able to demonstrate, co-create new avenues in business, consultancy and entrepreneurship.PS02: Identify global business trends in economy and enable students to create innovative solutions through incubations and for start-ups PS03: Demonstrate and implement problem solving techniques, critical thinking, and to create sustainable business models. PS04: Implement emerging business models in entrepreneurship PS05: Become a business owner and support the economy and society by creating employment opportunities. Programme Educational Objective: PE01: To develop higher levels of innovation and entrepreneurship skillsPE02: To create the entrepreneurs of quality and competence PE03: To nurture the skills of the start-up community with innovation PE04: To develop the ideas of entrepreneurs into start-ups PE05: To foster innovations and new ventures | |||||||||||||||||||||||||||||||||||||||||||||
MIE131 - ENGINEERING THE STARTUP JOURNEY (2024 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
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This course offers a comprehensive understanding of entrepreneurship, guiding learners through venture inception, development, and growth. Emphasizing the entrepreneur's crucial role and essential skills, it highlights strategic thinking in a dynamic business environment. Addressing global challenges, students analyse innovative solutions in healthcare, education, and the environment, preparing for real-world entrepreneurial success. |
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Learning Outcome |
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CO1: Develop an understanding of the nature of entrepreneurship. CO2: Understand how to identify opportunities (problems), develop creative solutions and build a viable business model around these. CO3: Identify and understand the driving forces of new venture success and to develop skills in innovation and business planning for entrepreneurial ventures. CO4: Able to implement the ethical and legitimacy challenges that face entrepreneurs with new ventures. CO5: Demonstrate the ability to prepare a business plan for a venture and mitigate the risks associated with the establishment of new business |
Unit-1 |
Teaching Hours:20 |
Introduction to Startup Ecosystem
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Entrepreneurship Ecosystem of India , Contribution to economy ,Types of entrepreneurship , Small businesses, MSME’s , Startup , Evolution in India , Current Landscape , Traditional Industries , New age Industries , Products , Services, Solutions , Evolution of Current Startup Ecosystem , Government led Policies - Central & States , Enablers of Startup Growth , Schemes of Governments , Top players across State, Central & Global enablers operating in India | |
Unit-2 |
Teaching Hours:10 |
Leadership and Entrepreneurship Organization
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Developing Vison of Future, Align Organization behind the Vision, Buy-in of the Founding Team, Design effective organization for superior performance, Group Culture | |
Unit-3 |
Teaching Hours:10 |
Basic of Finance for Entrepreneurship
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Financial Statements - Balance Sheet, Income Statements ,Cash flow , How transactions impact the financial statements, How to read the financial statements, Importance of financial statements, Company evaluation based on financial statements, Warning signals from the financial statements Funds flow, share capital , Assets , Types of Entities - Private limited , Partnership , Proprietorship , Public Limited Company , LLP. | |
Unit-4 |
Teaching Hours:10 |
Basic of Technology for Entrepreneurship
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Business Analytics Fundamentals, Role of Tech in Problem solving, Examples of Deep Tech startup solutions that solved key problem areas in India, Role and Importance of Data, Data Analytics using Excel and Python. Data is Decision Making and Reporting, Data for Impact | |
Unit-5 |
Teaching Hours:10 |
Startup Idea Generation
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Sources of Idea, Problem statement universe, zeroing in on the Idea, Problem solving approach-Techniques, Opportunity recognition, Finalizing and Validation of Startup Idea | |
Text Books And Reference Books: 1.Hisrich, R. D., Peters, M. P., & Shepherd, D. A. (2017). Entrepreneurship. McGraw-Hill Education. 2.Poornima, M. Entrepreneurship Development and Small Business Enterprises | By Pearson. Pearson Education India. 3.Hatten, T. S. (2012). Small Business Management Entrepreneurship and Beyond, FIFTH EDITION. South-Western Cengage Learning. 4.Bohoney, Jason. (2011). The Entrepreneurship Toolkit: Successful Approaches to Fostering Entrepreneurship. Washington: Weidemann Associates Inc 5.Allen, K. R. (2011), “Launching New Ventures: An Entrepreneurial Approach”, 6th Edition. Mason, Ohio: South-Western Cengage Learning. 6.Kuratko, Donald F. Entrepreneurship: (2010) Theory, Process, Practice 9th Edition. Mason, Ohio: South-Western Cengage Learning.
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Essential Reading / Recommended Reading 1. Scarborough, N. M. (2011), “Essentials of Entrepreneurship and Small Business Management”, 6th Edition. New Jersey: Prentice Hall. 2. Verstraete, T. and Jouioson-Laffitte, E. (2012), “A Business Model for Entrepreneurship”, Cheltenham: Edward Elgar Publishing Ltd 3. Rober D Hisrich, Michael P Peters, Dean A Shepherd, (2007), Entrepreneurship, (6 ed.), The McGraw-Hill companies.
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Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
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MIE132 - STARTUP INDIA (2024 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
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This course is designed to offer an overview of the environment for launch and management of new ventures and startups in India. It aims to cover details of the key factors and forces in the socioeconomic and demographic environment, and government policies and schemes, sources of funds, training and other facilities and infrastructure for startup enterprises. |
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Learning Outcome |
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CO1: To make the students understand the various aspects of startup environment in the country. CO2: To familiarize the students with the policy environment for startups. CO3: To make students aware of the incentives and facilities available for launching new businesses. CO4: To acquaint students about the support infrastructure in terms of incubation, training and marketing available CO5: Understand the Start-up pitching strategy |
Unit-1 |
Teaching Hours:20 |
Startup India Growth story
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State of Indian Digital Economy, Global Digital Economy, Indian Startup Economy, Top Performing states in India, Funds raised by Indian Startups, Top sectors in Indian startup space, Top startup Hubs, Startup sector landscape, Sectoral outlook - Fintech, E-Commerce, Health Tech, Consumer Services. Edtech, Deep Tech, Agritech, Mergers & Acquisitions in startups. | |
Unit-2 |
Teaching Hours:10 |
Karnataka Startup Eco system
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Karnataka Start up Policy, IT and BT support system, Why Bengaluru is considered startup capital, Funding schemes from Govt of Karnataka, Leading Incubators, Accelerators, Innovation Hubs in Karnataka, Unicorns in Bangalore, Top sectors of Startups in Karnataka, Women led startups | |
Unit-3 |
Teaching Hours:10 |
Funding the Startup
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Top Funded Startups in India, List of funding schemes from Central and State Governments, Types of Funding for startups – Grants, Equity, Debt, Blended/Hybrid Finance schemes, Types of Funders – Angel/Seed, PE, VC, NBFC’s, Venture Debt, Govt, Corporates, HNIs, Family Office, Global Unilateral/Multilateral agencies, Investor landscape | |
Unit-4 |
Teaching Hours:10 |
Support System for Startups
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Idea to concept support from Incubators for early-stage ventures, Freelance Mentorship support, Entrepreneurship in Residence (EIR) scheme, Training Programs, Onboarding, Incubation and Exit, Accelerators for Mid and Late-stage startups, Go to Market Procurement support from GeM – Govt eMarket Place | |
Unit-5 |
Teaching Hours:10 |
Startup approaches at Global level
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Global Startup comparison-India, USA, China, India in Global Unicorn race, Startup ecosystem in key countries in Europe and Asia,State of Unicorns and Soonicorns in India, Impact created by Unicorns, Hub wise spread of Unicorns, Startups aspiring to reach Unicorn status, Sector level breakup | |
Text Books And Reference Books: Essential References: 1. Rama Iyer (2019), Innovation Ecosystem in India: How India is building a mature start-up ecosystem that will shape its economy and its future, Notion Press, Chennai 2. Pankaj Goel (2017), Before You Start Up: How to Prepare to Make Your Start-up Dream a Reality, Fingerprint Publishing, New Delhi 3. Goldin, K. (2020). HINT: BECOMING A LEADER DOESN'T HAVE TO BE DAUNTING. Leader to Leader, 2020(98), 21-26. | |
Essential Reading / Recommended Reading 1. Poornima C (2018), Entrepreneurship Development and Small Business Enterprises, Pearson Education, Noida. 2. Nanda Kumar K (2018), Start-up Fundamentals: An Introductory Guide to Registering a Start-up in India, Fundraising, Taxation, Marketing, and Sales, Vasudha Publishers, Chennai.
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Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
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MIE133 - BUSINESS MANAGEMENT AND COMMUNICATION (2024 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
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This course synergistically integrates the principles of Effective and Sophistication Communication with essential Business Management and Organization Behavior concepts. It equips entrepreneurs with the requisite skills, tools, and theories to excel as articulate and influential communicators within the stakeholder ecosystem. Through a comprehensive exploration of contemporary business practices and management techniques, students will develop a deep understanding of strategic decision-making, organizational dynamics, and effective communication strategies. By mastering these integrated disciplines, aspiring entrepreneurs will be empowered to navigate complex business environments with confidence, fostering sustainable growth and success. |
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Learning Outcome |
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CO1: Acquire a comprehensive understanding of the conceptual framework of management and organizational behavior, enabling the analysis of individual and group dynamics within organizational contexts. CO2: Demonstrate professionalism in the workplace through the application of management principles, analysis of motivational and leadership models, understanding of group dynamics, conflict resolution, organizational culture, and change management strategies. CO3: Develop a heightened self-awareness and refine communication skills to cultivate a flexible and effective communication style adaptable to various contexts and audiences. CO4: Apply versatile communication techniques across diverse settings, purposes, and audiences, demonstrating proficiency in oral, written, and visual communication, demonstrate cultural sensitivity and ethical communication practices, responding adeptly to cultural differences while maintaining ethical integrity. CO5: Evaluate the impact of technology on communication and its consequential effects on business dynamics, fostering an understanding of technological advancements in communication. |
Unit-1 |
Teaching Hours:10 |
INTRODUCTION TO MANAGEMENT
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Introduction to Management, Traditional and Contemporary Perspectives of Management, Fundamentals of Planning and Decision making, Organizing, staffing in Organization, Leading, and Controlling. Business Ethics and Value-based management,Sustainability and Social Responsibilities of Business. | |
Unit-2 |
Teaching Hours:10 |
MANAGING GROUP AND TEAM PROCESSES
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Types of Groups and Teams, Characteristics of Teams, Group Development, Bruce Tuckman’s Stages of Group Development, Turning Groups into Effective Teams, Managing Work Teams, Types of Work Teams, Best practices for Organizing Tasks and Creating High Performance Teams. Interpersonal and Intergroup Conflict, Conflict Management in Organisation using Eric Berne’s – Transactional Analysis in Communication. | |
Unit-3 |
Teaching Hours:10 |
Communication skills for Entrepreneurs
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The Art of Conversation; Importance of Listening for Becoming a Better Communicator; Introduction to Business Writing and Speaking; Introduction to Key Communication Skills - Presenting, Negotiating, Mediating, Debating, Leading; Introduction to Cross Platforming, Importance of Effective Communication skills for Entrepreneurs; Characteristics of Effective Entrepreneurial Communication; Assessing Communication skills, Essential Tips to Become a Better and Successful Communicator | |
Unit-4 |
Teaching Hours:15 |
Communicating to Unlock Teams Potential for Business Growth
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The Power of Communication - Make or Mar Team Spirit Business Growth; Impact of Lack of Communication within Teams; Impact of Effective Communication within Teams -Team collaboration, Control deadlines, Solve urgent issues, Easy access to vital information; Effective Delegation through Communication; How Team Communication Leads to Business Growth Perspective on Organisational Development, Phases and Interventions of OD, Causes of Frustration, Stress, Burnout, Consequences and Coping stress, frustration & burnout. | |
Unit-5 |
Teaching Hours:15 |
ORGANISATION CULTURE AND CHANGE
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Nature of Organisation Culture and Climate, Types of Organizational Culture, Organisational Ethos, Functionality and Dysfunctionality of Culture, Power and Politics, Gender Sensitive culture in the workplace. Organisational Change- Areas of organization change, Process and Implementation of Change, Resistance to change, Managing Resistance to Change. Organization Change Management Models – Lewin’s, McKinsey 7s, Kotter’s, ADKAR, Nudge Theory, Bridges Transition, Kubler-Ross, Satir, Managing Interpersonal Communication in Organizations. | |
Text Books And Reference Books:
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Essential Reading / Recommended Reading
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Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
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MIE134 - START-UP IDEA GENERATION AND SOCIAL ENTREPRENEURSHIP (2024 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
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Getting the problem statement right is an important starting step in the entrepreneurship journey. The Course enables the student to follow the steps to arrive at the finalised Start-up Idea. This course outlines the key factors behind Social and Rural Entrepreneurship’s emergence and details the various critical factors that drives their uniqueness. |
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Learning Outcome |
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CO1: Research involved to identify the list of problem areas to solve and approach to funneling down the Problem Statement. CO2: Variables involved in the development of Problem Statement Canvas and identify the barriers and overcome them towards Idea generation. CO3: Managing the flow of ideas and finalize the start-up Idea, tools & Techniques to be followed for successful Idea Generation. CO4: Understand the importance and need for Social Entrepreneurship, how Social Innovation is a contributor to solving key social problems CO5: Different business models of Social Entrepreneurship, emerging importance of Rural Entrepreneurship Models ,Gain Insights from successful practicing entrepreneurships in this space |
Unit-1 |
Teaching Hours:10 |
Problem Statement Identification
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Definition of Problem statement, funneling down the problem areas, when to write problem statement, Contextualize the problem, why it matters, Describe the exact issue the research will address, show the relevance of problem, Set the objectives of the research | |
Unit-2 |
Teaching Hours:15 |
Problem Statement Finalization
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Define purpose of problem statement, Best Practices – Clearly define the problem, assess who the problem impacts, provide possible solutions Ways to enhance problem statement – Highlight pain points of the problem, add empathy to the story, explain the benefits of the proposed solution Validate the problem statement Problem statement Canvas – Context, Problem, alternatives, customers, emotional impact, quantifiable impact, alternative shortcomings
Set aims & objectives for the problem statement | |
Unit-3 |
Teaching Hours:15 |
Idea Generation
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Barriers to Ideation and how to overcome them, what is idea generation, why it is important Tools & Techniques to generate ideas – Idea Challenge. SCAMPER technique, Opposite thinking, Brainstorm cards, Analogy Thinking Managing Ideas
Succeeding with Idea Generation – Define the Problem or opportunity, Involve the right people, Set constraints | |
Unit-4 |
Teaching Hours:10 |
Examples & Class Activity
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Share examples of Problem Statements and Idea of the Start-ups from Incubators and other sources of new ventures not more than 3 years old. Follow the process learned from this course and Finalize the Problem statement Canvas and Idea Concept of your start-up Top successful Social and Rural Entrepreneurships in India, Models and Case studies of the following successful Social/Rural Entrepreneurship
Goonj, Selco, Man Deshi Bank, Frontier Markets | |
Unit-5 |
Teaching Hours:10 |
Social & Rural Entrepreneurship
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What is Social Entrepreneurship, Significance, Why Social Entrepreneurship, Difference from normal commercial approach, For Profit, Non-Profit and Hybrid models of Social Entrepreneurship, Social Innovation & Entrepreneurship, Contribution of Social Entrepreneurships in India, Top Sectors of Social Entrepreneurship, Impact Investments for Social causes/Innovations Rural Entrepreneurship Definition, Types, Importance of Rural Entrepreneurship in India, Problems faced by Rural Entrepreneurs, Potential Remedial measures, Schemes from Government to promote Rural Entrepreneurship. | |
Text Books And Reference Books: 1. Blokdyk, G. (2018). Problem Statement: A Complete Guide.5starCooks. 2.Rukwaru, M. (2015). Social research methods: A complete guide. Eureka Publishers. 3. Fishbein, M.(2014). Where Startup Ideas Come From: A Playbook for Generating Business Ideas. Kindle 4. Masters, B., & Thiel, P. (2014). Zero to one: notes on start ups, or how to build the future. Random House. 5. Shukla, M. (2020). Social entrepreneurship in India: Quarter idealism and a pound of pragmatism. Sage Publications Pvt. Limited. 6. Yunus, M., Moingeon, B., & Lehmann-Ortega, L. (2010). Building social business models: Lessons from the Grameen experience. Long range planning, 43(2-3), 308-325.
7. Carlson, E., & Koch, J. (2018). Building a successful social venture: A guide for social entrepreneurs. Berrett-Koehler Publishers. | |
Essential Reading / Recommended Reading 1. Bland, D. J., & Osterwalder, A. (2019). Testing business ideas: A field guide for rapid experimentation (Vol. 3). John Wiley & Sons. 2. Sedniev, A. (2016). The Business Idea Factory. Andrii Sedniev. 3. Samit, J. (2015). Disrupt You!: Master Personal Transformation, Seize Opportunity, and Thrive in the Era of Endless Innovation. Flatiron Books. 4. Martin, R. L., & Osberg, S. (2015). Getting beyond better: How social entrepreneurship works. Harvard Business Review Press. 5. Novogratz, J. (2010). The blue sweater: Bridging the gap between rich and poor in an interconnected world. Rodale. 6. Mycoskie, B. (2012). Start something that matters. Random House. 7. Case Centre, https://www.thecasecentre.org/main
8. DESIGN-How Organization Innovation before you can empower social entrepreneurship, Jacob Deneui | |
Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
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MIE135 - DESIGN THINKING AND INNOVATION MANAGEMENT (2024 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
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Creativity and innovation are the key drivers of success for many of today’s leading companies. Some of the most gains in shareholder value over the last few years (e.g., Google, Facebook) are due to a culture of creative innovation. This course examines the process of developing new product or service innovations |
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Learning Outcome |
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CO1: Understand and apply the processes involved in Idea Productization. CO2: Awareness of the role of multiple functions in creating a new product (e.g., marketing, finance, industrial design, engineering, production). CO3: Ability to create and coordinate multiple, interdisciplinary tasks in order to achieve a common objective. CO4: Examine Design Thinking concepts and principles, Analyze the role of primary and secondary research in the discovery stage of Design Thinking CO5: Practice the methods, processes, and tools of Design Thinking, Apply the Design Thinking approach and model to real world situations |
Unit-1 |
Teaching Hours:15 |
Introduction Design Thinking : Turning Challenges into Opportunities
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Meaning of Design Thinking, the rise of Design Thinking Market Research, Practical insights into conducting marketing research, , Design thinking for competitive advantage. Power of Design Thinking in Entrepreneurship - The Need for Creative and Design, Thinking Mental Models of Creativity, Design Thinking in Entrepreneurship, Why design needs entrepreneurial mindset, combining entrepreneurial and design thinking, The seven steps of design thinking, Creative Thinking. Open Innovation, creative solutions to issues facing organizations, Company culture and architecture, from design thinking to funding.
Opportunity Assessment - “How do we source and identify opportunities?” and “Which opportunities should we invest time and money in?” Three dimensions of Opportunity Assessment - Product-Market fit, Product-Company fit, and Product-Business fit. “Jobs to Be Done” framework to define key unmet needs and hence the opportunities for a new product. How to organize the opportunity analysis into a recommendation and present the output in an Opportunity Brief. The Opportunity Brief serves as the “business case” for the product and should explicitly provide a “Go/No-Go” recommendation to invest resources and initiate the Discovery process for a specific product (or not). should explicitly provide a “Go/No-Go” recommendation to invest resources and initiate the Discovery process for a specific product (or not). | |
Unit-2 |
Teaching Hours:15 |
Design Thinking Paradigm for Strategic Innovation
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Strategies for creating value - Increment Value or True value creation, Design Thinking as a paradigm for innovation strategy, Design Research for understanding the needs of our users and clients, Theories of Innovation, Technology Forecasting, Conducting analysis - Economic justification, First Mover and late mover Advantage, Organizations and Innovation Process, Diffusion of Innovation. Designing User Scenarios that integrates concepts and skills in a practical application to an existing organization or to a potential new enterprise. Case studies - How Indra Nooyi Turned Design Thinking Into Strategy? P&G, Pfizer, IDEO – SHIMANO. Vijay Govindrajan’s Three Box Model approach, Identify Technology transfer partners, Where and how do new product ideas originate Collaborative approaches – Industry, University, Transferring the project from R&D to operations,– Open innovation, crowd sourcing for Innovation, researching & monitoring markets, Five Cs of Opportunity Identification, Market Opportunity Identification in emerging technology companies, opportunity identification by fulfilling unmet customer needs. Risk Management in Innovation, Managing Future Technologies, and minimizing risk of failure. Case study approach Intellectual Property Rights. | |
Unit-3 |
Teaching Hours:10 |
Productizing Startup Ideas - Product / Service Business Model Design
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Lean start-up techniques for the design and refinement of business models. Customer Experience Strategy. From the Design of Services to Business Design. Customer Discovery & Validation. Business Model Canvas. How to create a winning Business Model Design & Lean Startup. Canvas Value Proposition. Lean Startup Machine. Hambrick and Fredrickson Strategy and Prototyping. Design thinking process in new product development, Three Box Model solution: strategy for innovation, Case study discussion - Vijay Govindrajan’s - Reverse Innovation. Concept Visualization & Prototyping Workshop, Practicum - Choose an existing product that you like to improve further. | |
Unit-4 |
Teaching Hours:10 |
Design Thinking Framework
|
|
Conducting market research for new a product offering, Levels of Product / Service, identifying stakeholder needs for Product/service innovation. obtaining Insights, personal techniques and Foresight of Future Scenarios. Concept generation, identifying new business opportunities based on market needs – from product to service design, Designing and testing breakthrough concepts. Assign Teams and Introduce Small projects with Design Thinking framework – empathize, define, ideate, prototype and test.
Design Thinking for the Greater Good - Conducting design thinking challenge for kids. | |
Unit-5 |
Teaching Hours:10 |
Productizing Startup Ideas - Internet Business Design
|
|
Market trend analysis, Business Design JAM, Digital/Internet Business Model, KPIs, Hypothesis and Experiments, Implementation Design of Services and Customer Experience. Case study discussions – manufacturing and service sector. Service sector – IDEO, Lego, e-commerce market players design thinking strategies. Toward Sustainable Design Thinking. | |
Text Books And Reference Books:
| |
Essential Reading / Recommended Reading 1. Ramanujam, M., & Tacke, G. (2016). Monetizing innovation: how smart companies design the product around the price. John Wiley & Sons. 2. Govindarajan, V. (2016). The three-box solution: A strategy for leading innovation. Harvard Business Review Press. 3. Luchs, M. G., Swan, S., & Griffin, A. (2015). Design thinking: New product development essentials from the PDMA. John Wiley & Sons. 4. Harvard Business Review case studies, https://hbr.org/store/case-studies 5. Case Centre, https://www.thecasecentre.org/main 6. Kim, W. C., & Mauborgne, R. A. (2017). Blue Ocean Strategy with Harvard Business Review Classic Articles “Blue Ocean Leadership” and “Red Ocean Traps”(3 Books). Harvard Business Press. 7. Buxton, B. (2010). Sketching user experiences: getting the design right and the right design. Morgan kaufmann. | |
Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
| |
MIE136 - FAMILY BUSINESS (2024 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
|
This course introduces students to Business Process Reengineering as a strategy that tears down and enforces change in a failing or a stagnating company. |
|
Learning Outcome |
|
CO1: Gain insights into Family Business Eco system CO2: How leading family businesses are run in and their transition in next generation CO3: Understand the Advantages, characteristics and types of family business CO4: Role of New family member and young entrepreneurs in Family Business CO5: Develop specific knowledge on leading successful Family business in India |
Unit-1 |
Teaching Hours:5 |
Introduction
|
|
Overview of the family business. Effective governance and the family business, Issue of ownership and conflict in family. Capital structure of closely held business and family business, cash, growth. Issues and challenges in family business and closely held family business. | |
Unit-2 |
Teaching Hours:15 |
Developing Effective Governance
|
|
Understanding the relationships between family and business, management and ownership. Governance issues in family owned business, behavioral issues in closely held and family owned business & managed business. Conflict management and transition in family business | |
Unit-3 |
Teaching Hours:15 |
Growth Strategy
|
|
Growth strategy for family owned business. Different models in family business. Developing sustainable family business organization structure, ownership, team of advisors, board of directors and corporate governance. | |
Unit-4 |
Teaching Hours:15 |
Reengineering Family Businesses
|
|
SME business dynamics, present scenario of SME & MSME in India and developed and other emerging markets – a case study approach. Five stages of small business growth management: Stage 1 – Existence; Stage 2 – Survival; Stage 3 – Success; Stage 4 – Take Off; Stage 5 – Resource Maturity; The characteristics of small business at each stage of development, strategies and tactical plans to navigate five stages of growth. Planning and execution across five growth stages. Improving organizational processes through Balance Score Card. Case Studies
German and Japanese SME case studies, Aurum Harilela Group, Graham Holdings – Kaplan, Synarge, Washington Post Co. | |
Unit-5 |
Teaching Hours:10 |
Succession Planning
|
|
Succession Planning, Family succession, issues of succession in a family firm, preparing for succession planning. Legal norms of succession-succession acts, important provisions, Future Prospects, Involving non-family members, power struggles and issues of succession in a family firm, Valuation of the closely held firm, the changing role of family in the family business | |
Text Books And Reference Books: 1. Saiz-Álvarez, J. M., Palma-Ruiz, J. M., & Leitão, J. (2020). Introduction to entrepreneurship and family business vitality. Entrepreneurship and Family Business Vitality: Surviving and Flourishing in the Long Term, 1-5. 2. Cohen, A., & Sharma, P. (2016). Entrepreneurs in every generation: How successful family businesses develop their next leaders. Berrett-Koehler Publishers. 3. Cheng, J., Díaz-Matajira, L., Bang, N. P., Basco, R., Calabrò, A., James, A. E., & Samara, G. (Eds.). (2022). Family Business Case Studies Across the World: Succession and Governance in a Disruptive Era. Edward Elgar Publishing.
4. Zielinski, P. G. (2021). The Ultimate Family Business Survival Guide. Pan Macmillan. | |
Essential Reading / Recommended Reading 1. Baron, J., & Lachenauer, R. (2021). Harvard business review family business handbook: How to build and sustain a successful, enduring enterprise. Harvard Business Press. 2. Bağış, M., Kryeziu, L., Kurutkan, M. N., & Ramadani, V. (2023). Women entrepreneurship in family business: dominant topics and future research trends. Journal of Family Business Management, 13(3), 687-713. 3. Zellweger, T. (2017). Managing the family business: Theory and practice. Edward Elgar Publishing | |
Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
| |
MIE231 - MARKET RESEARCH FOR START-UP (2024 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
|
Business and management research involves undertaking systematic research to find out decision outcomes. It is trans-disciplinary, and engages with both theory and practice. The course intends to provide comprehensive knowledge & skills about the research methods to an entrepreneur. |
|
Learning Outcome |
|
CO1: Understand the importance for Market Research before launching a product CO2: Determine the appropriate type of Market Research for the product version CO3: Select the right tools to undertake the study CO4: Gain knowledge on how to use the survey data on business decision making CO5: Design and Implement a Market Research pilot for the startup Idea |
Unit-1 |
Teaching Hours:10 |
Importance of Market Research for Startup
|
|
Benefits of Market Research, Need for Market Research, Outcomes from a good Market Research study, examples of Market Researches undertaken by Startups, find answers for Willing to Pay, Eagerness to buy from customers. | |
Unit-2 |
Teaching Hours:10 |
Types of Market Research
|
|
2 Types of Market Research, Data gathering tools, online vs offline, low-cost Market research methods for early-stage startups. | |
Unit-3 |
Teaching Hours:10 |
Steps in Market Research
|
|
Form Hypotheses, select type of Research to Test Hypotheses, Identify Target Demographics, Recruit subjects, Conduct the Research, Gather Insights, Determine Actions. | |
Unit-4 |
Teaching Hours:10 |
Market Research as an Ongoing Endeavour
|
|
Revisit of Hypotheses, form new Hypotheses from time to time, Market Research each new version of product or service, Fit to target consumer needs. | |
Unit-5 |
Teaching Hours:20 |
Design Market Research for your Startup Idea
|
|
Create a Market Research Plan for your startup Idea or product, conduct pilot market research to the sample of identified potential target audience, analyze the findings and make a presentation. | |
Text Books And Reference Books: 1. Bland, D. J., & Osterwalder, A. (2019). Testing business ideas: A field guide for rapid experimentation (Vol. 3). John Wiley & Sons. 2. Stevens, R. E., Loudon, D. L., Ruddick, M. E., Wrenn, B., & Sherwood, P. K. (2012). The marketing research guide. Routledge.
3. Gruber, M., & Tal, S. (2017). Where to play: 3 steps for discovering your most valuable market opportunities. Pearson UK. | |
Essential Reading / Recommended Reading 1. https://online.hbs.edu/blog/post/how-to-do-market-research-for-a-startup, HBS Online 2. Blank, S., & Dorf, B. (2020). The startup owner's manual: The step-by-step guide for building a great company. John Wiley & Sons. | |
Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
| |
MIE232 - PROOF OF CONCEPT & STARTUP VALUE CHAIN (2024 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
|
This course to designed to make the students understand the key components, its importance in the startup value chain and their inter relationships. The students will also appreciate the importance and value of undertaking Proof of Concept exercise in the startup before proceeding to take more important decisions. |
|
Learning Outcome |
|
CO1: Understand the difference between Proof of Concept, Prototype and MVP CO2: Understand importance, value and need to undertake the Proof-of-Concept exercise CO3: Understand the various steps involved in carrying out the Proof of Concept with stakeholders CO4: Design and implement the Proof of Concept for their Start up Idea CO5: Learn from examples of Proof of Concept carried out by successful Start-ups |
Unit-1 |
Teaching Hours:10 |
Startup Value Chain
|
|
Start Value Chain elements, Vision, Execution, Customers, Financing and Leadership, Multiplier effect and importance of each element. | |
Unit-2 |
Teaching Hours:10 |
What is Proof of Concept
|
|
Definition, Proof of Concept as an important of Learn Startup Process, how it is different from Prototype and MVP. | |
Unit-3 |
Teaching Hours:10 |
Why do Startups need a Proof-of-Concept
|
|
Validation of Product concept, Yes or No outcome, “Look in the Mirror’ for the entrepreneur, Early warning, Feasibility provision, Steps before and after Proof of Concept in the Product value chain. | |
Unit-4 |
Teaching Hours:10 |
How to conduct Proof of Concept in Five Steps
|
|
Prove the need, Map pain points to solutions, get feedback on practical advantages, cover practical details, Learn and get ready for Prototype. | |
Unit-5 |
Teaching Hours:20 |
Examples of Proof of Concept and Exercise
|
|
Examples of startup Proof of Concept, create a Proof-of-Concept plan for the Startup idea product or service, conduct a Pilot Proof of Concept exercise as per the 5 steps, share the findings in the form of a presentation. | |
Text Books And Reference Books: 1. Matos, T. M. (2020). The Essential Guide to Navigate Your Proof of Concept: Understand and implement practices to increase your Proof of Concept win-rate . 2. Jones, G. (2017). Proof of Concept. Tordotcom. | |
Essential Reading / Recommended Reading 1. Young, L. (2005). Proof Of Concept (Paperback). 2. Blokdyk, G. (2018). POC proof of concept Standard Requirements (Paperback – Import). | |
Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
| |
MIE233 - LEAN STARTUP METHODOLOGY (2024 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
|
This course is designed to offer an overview of Learning startup methodology, Value proposition Canvas and Lean Canvas Business Plan to enable entrepreneurs to follow them in the quick launch of a new company or addition of a new product or service. |
|
Learning Outcome |
|
CO1: Understand the important elements of Lean start up methodology CO2: Help its use in the validation of the new product or service plan CO3: Appreciate the principles and steps in Lean start up methodology CO4: Gain knowledge in all the key components of Innovation value chain CO5: Prepare a Lean Canvas Business plan for their start up Idea |
Unit-1 |
Teaching Hours:10 |
Lean Startup Introduction
|
|
Definition, Methodology, launch a new company, levels of desire for a particular product, launch new products in environment of high certainty | |
Unit-2 |
Teaching Hours:10 |
Principles of Lean startup methodology
|
|
4 Steps in Lean Startup Methodology, Business Model Canvas, Formulating the Hypotheses, Minimum Viable Product, Learning. 5 Key Principles of Lean startup, Entrepreneurs are everywhere, Entrepreneurship is management, validated learning, Innovation accounting, Build-Measure-Learn | |
Unit-3 |
Teaching Hours:10 |
Value Proposition Canvas
|
|
Alexander Osterwalder Definition, Business Model Canvas, Value proposition, Customer profile, Achieving Fit, sketching out Hypotheses, Identify opportunities for differentiation | |
Unit-4 |
Teaching Hours:10 |
Lean Canvas approach to business modelling
|
|
12 Components, Problem, Solution, Unique Value proposition, Unfair advantage, Customer Segments, Existing alternatives, Key metrics, High level concept, Channels, Customer segments, Early adopters, Cost structure, Revenue streams | |
Unit-5 |
Teaching Hours:10 |
Innovation Value Chain
|
|
Idea generation, Conversion, Diffusion, Key Questions, Key Performance Indicators | |
Unit-6 |
Teaching Hours:10 |
Lean Canvas Business Plan
|
|
Examples of Lean Canvas Business Plan from Successful startups, Create Lean startup Business plan for the startup Idea and share a presentation. | |
Text Books And Reference Books: 1. Summary, The Lean Start-up, Eric Ries (2018) 2. The Lean Product Playbook, Dan Olsen 3. The Four steps to Epiphany, Steve Blank
4. Value Proposition Design, Alexander Osterwalder, Yves Pigneur, Gregory Bernarda, Alan Smith | |
Essential Reading / Recommended Reading 1. Lean UX, Jeff Gothelf, Josh Seiden 2. Lean Impact, Ann Mei Cheng, Eric Ries 3. Scaling Lean, Ash Maurya
4. Lean Mastery Collection, Jeffrey Ries | |
Evaluation Pattern Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE)
50%
Mid Semester Examination (CIA-2)
25%
Continuous Internal Assessment (CIA- 1 & 3)
20%
Attendance
05%
Total
100%
· Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
| |
MIE234 - ESG STRATEGY FOR START-UPS (2024 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
|
This course Introduces the various aspects of ESG and its emerging importance in the Corporate and Entrepreneurship world and its Regulatory Importance. |
|
Learning Outcome |
|
CO1: Appreciate the emerging importance of ESG strategy in Entrepreneurship CO2: How ESG components are inevitable play an important role in shaping up the future world CO3: Ability to attract and have a competitive edge based on ESG integration in business CO4: Learn from successful ESG models followed by Entrepreneurs worldwide CO5: Able to successfully pitch to stakeholders on the basis of ESG metrics and its strong compliance. |
Unit-1 |
Teaching Hours:10 |
Introduction to ESG
|
|
Definition, Key components of ESG, changing attitudes of Investors towards ESG, 7 Sins of ESG management, what isn’t ESG, Why ESG, Link to UN Sustainable Development Goals (SDGs), Journey of COP1 to COP 26, World Economic Forum’s approach to ESG | |
Unit-2 |
Teaching Hours:10 |
ESG and Business
|
|
ESG part of Company’s core strategy, Spectrum of Capital, Impact Economy, Global ESG, Best Examples/Practices, Consumer Engagement, Collaboration & Competition, Making Sustainability Visual, Investor Objectives and Preferences, ESG Sustainable Finance, ESG Funds, ESG Metrics and Reporting standards | |
Unit-3 |
Teaching Hours:10 |
ESG and Entrepreneurship:
|
|
ESG as an Edge, Start with Purpose, Integrate Purpose with ESG, Identify Material ESG risks, Set Target on Carbon/ Natural Resource footprint, Social contract with employees, solid data security | |
Unit-4 |
Teaching Hours:10 |
ESG Regulations and Reporting in India
|
|
ESG mandatory reporting requirements from SEBI from 2022-23, Voluntary reporting by Indian Corporates, Stock exchange guidelines on ESG for listed companies | |
Unit-5 |
Teaching Hours:10 |
ESG examples India/Global
|
|
Blackrock Case study on ESG Indicators for Investments, ESG templates followed by top PE/VC firms viz Accel partners, Sequoia capital, Bain capital, ESG reports of select listed firms in India | |
Unit-6 |
Teaching Hours:10 |
ESG Strategy for Startup
|
|
Elements of Writing the ESG strategy for your startup, Indicators and Metrics, Buy-in and training for employees and founding team, Case study of startup - Wake Fit sleeping solutions | |
Text Books And Reference Books: 1.Outlast – How ESG can benefit your business, Col.Rajeev Kumar, Mukund Rajan.
2.Benchmarking ESG & CSR, Garima Dadhich & Ravi Raj Atrey (2022) | |
Essential Reading / Recommended Reading 1.ESG Matters, Debra L Brown & David AH Brown 2.Grow the Pie, How great companies delivery both purpose and profit, Alex Edmans 3.The Trust about Green Business, Gil Friend 4.Harvard Business Review case studies, https://hbr.org/store/case-studies 5.Case Centre, https://www.thecasecentre.org/main 6.Net Positive, How courageous companies thrive by giving more than they can take, Paul Polman 7.Real Impact, The New Economics of Social Change, Morgan Simon | |
Evaluation Pattern Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE)
50%
Mid Semester Examination (CIA-2)
25%
Continuous Internal Assessment (CIA- 1 & 3)
20%
Attendance
05%
Total
100%
· Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
| |
MIE235 - SUPPLY CHAIN MANAGEMENT (2024 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
|
Building a suitable Distribution strategy for the Products is inevitable, Distribution is king and is considered as an important ingredient for success of a start-up. The provides an overview on all the elements of Distribution, supply chain and logistics for the new venture. |
|
Learning Outcome |
|
CO1: Understand the Importance & Types of Distribution Channels CO2: Select the right Channels and its financial implications CO3: Understand the Impact of Distribution in Product and pricing CO4: Understand Different SCM segments and Business service models CO5: Learn the Best examples of successful supply chain startups |
Unit-1 |
Teaching Hours:15 |
Introduction to Distribution
|
|
What is Distribution, Parts of Distribution Channel, How to select a distribution Channel, Solution vs Marketing Complexity, Push vs Pull Marketing for Distribution Channel, Financial considerations for the distribution channel. | |
Unit-2 |
Teaching Hours:10 |
Distribution ? Supply Chain Models
|
|
SCM & logistics major evolution in the last 5 years. Role of Digital in SCM, Integral part of E-Commerce Industry,SCM Segments – Warehousing & Fulfillment, Express Delivery, Overland Transportation, Ocean/Air logistics | |
Unit-3 |
Teaching Hours:5 |
Distribution Strategy
|
|
Business Models – Broker/Aggregator, Analyst, Niche Operator, Technologist
Should startups build distribution channels or sell products directly? | |
Unit-4 |
Teaching Hours:15 |
Distribution-Supply Chain Start-up Examples
|
|
International – Locafox, Roost, Cargobee, Swapbox, fetch robotics, Shuti, Shippo, Deliv, Starship
India – EcomExpress, Rivigo, Delhivery, Shiprocket, blowhorn, Fr8, StackBox, Qikpod, Porter, Dunzo. | |
Unit-5 |
Teaching Hours:15 |
Class Activity
|
|
Build a Distribution Strategy for your start-up Idea with channel, pricing/budget, logistics model and taking other aspects into consideration and share it in the form of a presentation. | |
Text Books And Reference Books: 1. Gorchels, L., West, C., & Marien, E. J. (2004). The manager's guide to distribution channels. McGraw Hill Professional. 2. Dent, J., & White, M. (2018). Sales and marketing channels: How to build and manage distribution strategy. Kogan Page Publishers.
3. Coughlan, A. T., & Jap, S. D. (2016). A field guide to channel strategy: Building routes to market. CreateSpace. | |
Essential Reading / Recommended Reading Ailawadi, K. L., & Farris, P. W. (2020). Getting Multi-Channel Distribution Right. May 20, 2020. Bech, H. P. (2015). Building successful partner channels: Channel development & management in the software industry. TBK Publishing. | |
Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
| |
MIE236 - BRANDING AND MARKETING FOR NEW VENTURE (2024 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
|
Sales is the ultimate last mile activity for the success of any entrepreneurial venture. The Course is designed to help students understand the entrepreneurial sales process and simplify the ownership-based sales model. |
|
Learning Outcome |
|
CO1: Know the Importance to be a salesman within every entrepreneur CO2: Understand How to be an effective Entrepreneurial seller CO3: Understand Various aspects for Entrepreneurial sales model CO4: Understand How sales acts as a catalyst for Entrepreneurship evolution process CO5: Prepare and demonstrate effective sales pitch for their start-up idea |
Unit-1 |
Teaching Hours:10 |
Entrepreneurial Selling
|
|
What is Entrepreneurial Selling, Entrepreneurial sales mindset, Why Entrepreneurial sales matter, Steps to become effective Entrepreneurial seller, 5Ps of Entrepreneurial selling – Passion, Patience, Planning, Perseverance, Purpose. | |
Unit-2 |
Teaching Hours:10 |
Entrepreneurial Sales Model
|
|
How to sell yourself as an Entrepreneur, Entrepreneurial selling success – “Be an Owner”, Entrepreneurial sales model – Who is your target customer, How will you reach them, How will you delight them, Where do you excel in entrepreneurship sales process, How will you generate leads, How many filters you will apply to narrow down your target, Have you tailored your web/verbal messaging to talk directly to target customer. | |
Unit-3 |
Teaching Hours:15 |
Entrepreneur to start in Sales
|
|
Become Tenacious, Sales makes an entrepreneur a Networking Ace, makes them persuasive, set realistic goals and achieve them consistently, know what your market wants. Brochures, Identifying Customer targets, Opening a Sale, 3 Pillars of Sales- Sales Strategy, Sales Operations & Sales Analysis , Customer Engagement, Relationship management , Closure of sales , Post-sale Support. | |
Unit-4 |
Teaching Hours:10 |
Class Activity
|
|
Prepare an effective sales pitch of your product/solution and do a mock sales presentation to a target group of batchmates in the class and handle queries, objections convincingly,Building a Brand - Story, Value , Promise ,LOGO, Tagline, Brand Colour , Language, Launch , PR tools. | |
Unit-5 |
Teaching Hours:15 |
Crafting Your Brand Ecosystem: Strategy, Channels, and Engagement
|
|
Marketing Strategy , Product , Features, Content , Channels of Distribution , Social Media handles , Communication calendar/Strategy , Customer Profiling , Customising of communication - Understanding of your brand and audience , Understand how customers find you (Example: referrals vs. searching online) , User-friendly functional website, Google analytics, social media listings , Digital ads, email campaigns , Competition trends, best ways to get attention (press, social posts, email blasts, advertising, loyalty program). | |
Text Books And Reference Books: 1. Onyemah, V., & Rivera-Pesquera, M. (2017). Entrepreneurial Selling: The Facts Every Entrepreneur Must Know. Business Expert Press. 2. Dollinger, M. J. (2008). Entrepreneurship. United States of America. 3. Holmes, C. (2007). The ultimate sales machine: turbocharge your business with relentless focus on 12 key strategies. Penguin. 4. John, D., & Paisner, D. (2016). The Power of Broke: How Empty Pockets, a Tight Budget, and a Hunger for Success Can Become Your Greatest Competitive Advantage. Currency. 5. Davis, J. S., & Cohen, M. (2011). The 24-hour Turnaround: How Amazing Entrepreneurs Succeed in Tough Times. Happy About.
| |
Essential Reading / Recommended Reading 1. Ross, A., & Tyler, M. (2011). Predictable revenue. PebbleStorm, West Hollywood. 2. Miller, D. (2021). Business Made Simple: 60 Days to Master Leadership, Sales, Marketing, Execution, Management, Personal Productivity and More. HarperCollins Leadership. 3. McDonough, G. K. (2017). The Turnaround: What Surviving Bankruptcy Taught Me About Achieving Success in Business and in Life. October 8, 2017. 4. Gilson, S. C. (2001). Creating value through corporate restructuring: Case studies in bankruptcies, buyouts, and breakups (Vol. 95). John Wiley & Sons.
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Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
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MIE331 - MVP - MINIMUM VIABLE PRODUCT (2023 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
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One of the most important first steps in the product development journey is having a successful minimum viable product (MVP). The course enables the students to understand the role, importance and how the MVP plays a pivotal role in the entrepreneurship journey. |
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Learning Outcome |
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CO1: Minimum Viable Product (MVP) approach to Product Development CO2: The various types of Minimum Viable Product (MVP) CO3: Steps in the build of a Minimum Viable Product CO4: Examples of Successful MVP from startups in India and Global CO5: Create and demonstrate the MVP for the Product/Solution of their startup |
Unit-1 |
Teaching Hours:10 |
Minimum Viable Product (MVP) Introduction
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MVP definition, MVP product development, why an MVP is necessary, MVP approach in product development, MVP guidelines, steps to use MVP approach, releasing iterations, when not to build an MVP. | |
Unit-2 |
Teaching Hours:5 |
Minimum Viable Product (MVP) Types
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Pre-order MVP, Audience Building MVP, Landing Page MVP, Explanatory video MVP, Flintstone MVP, One Function MVP, Advantages of MVP approach, Limitations of MVP approach. | |
Unit-3 |
Teaching Hours:15 |
How to Build an Minimum Viable Product (MVP)
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MVP vs POC vs Prototype, Value Proposition and MVP, MVP Template, 5 steps for MVP Build – Define the Customer’s Problem – HBS framework and 4 Us framework, Find a gap in he market, Measure the gain/pain ratio, Build the Value Proposition, Find simplest way to solve the problem, Tips for successful MVP development, MVP development process costs, Typical mistakes in MVP development | |
Unit-4 |
Teaching Hours:5 |
Minimum Viable Product (MVP) Examples
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Dropbox, Zappos, Buffer, Spotify, Airbnb, Indian Start-up MVP models, Minimum viable team, Beta Testing | |
Unit-5 |
Teaching Hours:10 |
MVP Alternatives
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Review of MVP approach, Existing alternatives to an MVP approach – Minimum Lovable product, Minimum Marketable Product, New Alternatives – Minimum Catchy offer, Black hole strategy, Lean Investor | |
Unit-6 |
Teaching Hours:15 |
MVP Class Activity
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Build the Minimum Viable Product of your start-up Idea using the steps as outlined in Unit 4 and share the template in the form of a presentation. Present the results of Beta Testing of the MVP. | |
Text Books And Reference Books: 1.Minimum Viable Product: A practical handbook by Gerardus Blokdyk 2.Professional MVP Development: Things to Consider when developing an MVP by Jurgen Pott 3.Minimum Viable Product: 21 tips for getting an MVP, Early Learning and Return on Investment by Paul VII | |
Essential Reading / Recommended Reading 1.Minimum Viable Product by Scott Grossman 2.Getting to Market with your MVP by J C Baker 3.How to create products customer love by Marty Cagan | |
Evaluation Pattern Evaluation Pattern Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc. Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows: End Semester Examination (ESE) 50% Mid Semester Examination (CIA-2) 25% Continuous Internal Assessment (CIA- 1 & 3) 20% Attendance 05% Total 100% Written Examinations consists of: § Mid Semester Exam – 50 Marks (2 hours duration) § End Semester Exam – 100 Marks (3 hours duration) · A student should secure a minimum of 50% Marks in the ESE to pass in that paper. · In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper. | |
MIE332 - PMF - PRODUCT MARKET FIT (2023 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
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Product Market-Fit is an essential pre-requisite for any Product/Solution of a startup enterprise. The Couse makes the entrepreneur understand the importance of PMF and learn the various aspects and helps on how to achieve the same to make the product launch a successful one. |
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Learning Outcome |
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CO1: How Product Market Fit PMF plays an important role in the Start-up curve and value chain CO2: Why Products fail without going through the Product Market Fit PMF process CO3: What are the steps and determinants of Product Market Fit PMF Framework CO4: How to Measure the Product Market Fit PMF success and outcome using appropriate tools CO5: Create a Product Market-Fit for the Start-up Idea |
Unit-1 |
Teaching Hours:10 |
PMF - Product Market Fit
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PMF Definition, The Start-up Curve, MVP as integral element of PMF, why does PMF matter, Product-Market fit Pyramid, Importance of PMF, Common Mistakes, FAQs of PMF | |
Unit-2 |
Teaching Hours:10 |
Product Market Fit Framework
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PMF Pyramid, Difference with Problem-Solution Fit, The 40% rule, LTV:CAC ratio, 5 steps of PMF framework – Business Modelling-Market Validation-Customer Interviews, Product development & Customer Acquisition-Product analytics, Myths around Product-Market Fit | |
Unit-3 |
Teaching Hours:10 |
Ways to determine Product Market Fit
|
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Ways to Determine PMF – 1 on 1 customer interviews-Social Media Surveys-Ad Campaigns-Crowd Funding-Reach out to customer support teams-AARRR Framework-Pirates Metrics, why do Product fail after Product-Market Fit, what lies beyond PMF – What lies between Function & Feeling, Unit Economics, Marketing | |
Unit-4 |
Teaching Hours:10 |
Measurement of Product Market Fit
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Data Types – Quantitative – NPS score, Churn rate, Growth rate, Market Share, Qualitative – Word of Mouth, Publications, 2 Methods of Measurement – Sean Ellis Method, Paying customers with above average retention, Product Death Cycle, Steps to reach Product-Market Fit, who is responsible for PMF | |
Unit-5 |
Teaching Hours:10 |
PMF Indian and Global Examples
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Meesho, Paytm, Nykaa, Myntra, Netflix, Google | |
Unit-6 |
Teaching Hours:10 |
PMF Incorporation for Start-Up Idea
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Create a Product Market Fit for the Product/Solution of your Start-Up Idea. Use the various determinants to achieve Product-Market Fit, Pilot the 40% rule and LTV: CAC ratio, Demonstrate the Product Market Fit using the Measurement tools. | |
Text Books And Reference Books: 1.FOCUS Framework by Justin Wilcox 2.Testing Business Ideas by Alexander Osterwalder and David J Bland
3.The Lean Product Playbook by Dan Olsen | |
Essential Reading / Recommended Reading 1.From Idea to Product Market Fit by Omar Mohout 2.Product Market Fit Analysis by Matt Brocchini
3.Lean B2B by Etienne Garbugli | |
Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
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MIE333 - FINANCING THE NEW VENTURE (2023 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
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Non availability of timely funding and limited access to appropriate capital is one of the major reasons for failure of startups. The Course provides very specific inputs on the most updated facets of New Venture Financing and prepares the students well to overcome the funding obstacle. |
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Learning Outcome |
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CO1: What the different forms of Capital that can be accessed by Start up CO2: Matching of Different stages of fund requirement with appropriate CO3: All the major sources to tap the funding for the start up CO4: Steps for start-up to be Investor Ready and What are expectations from Investor and how do they look at Return on Investment CO5: Funding support available for startups from Central and State Governments |
Unit-1 |
Teaching Hours:5 |
Why funding is required for Start-Ups
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Prototype Creation, Product Development, Team Hiring, Working Capital, Legal & Consulting Services, Raw material & equipment, Licenses & Certifications, Markets & Sales, Office space & Admin expenses | |
Unit-2 |
Teaching Hours:15 |
Types of Start-up Funding, Stages & Sources of Funds
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Types – Working Capital, Equity Financing, Debt Financing, Grants Stages – Ideation, Validation, Early traction, Scaling, Exit options
Sources – Bootstrapping, Self-financing, Friends & Family, Business Plan pitching events, Incubators, Government Loan schemes, Angel Investors, Crowdfunding, VC Funds, Banks/NBFCs, Venture Debt Funds, PE Funds, M&A, IPO, Selling shares, Buybacks | |
Unit-3 |
Teaching Hours:10 |
Steps to Start-up Fund Raising
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Assessing need for funding, Assessing Investment readiness, Preparation of pitch deck, Investor targeting, Due Diligence of Interested Investors, Term Sheet | |
Unit-4 |
Teaching Hours:10 |
What do Investors look and Why Invest in Startups
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What – Objective & Problem Solving, Management & Team, Market landscape, Scalability & Sustainability, Customers & suppliers, Competitive analysis, Sales & Marketing, Financial Assessment, Exit Avenues
Why – Mergers & Acquisitions, IPO, selling shares, Distressed sale, Buy backs | |
Unit-5 |
Teaching Hours:5 |
Start-up India Funding Support
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SIDBI Fund of Funds scheme, Start-up India seed Fund scheme, State Govt Funding schemes | |
Unit-6 |
Teaching Hours:15 |
Elevator Fundraise pitch ? Class Activity
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Work on a Investor pitch for the Start-up Idea using all the learning elements of stage, type, sources of funding and form of capital. Presentation to be done in the format of Elevator Pitch. | |
Text Books And Reference Books: 1.The Start-up Funding book by Nikolaj Hojer Nielsen 2.The Art of Start-up Fundraising by Alejandro Cremades
3.Funding your start-up by Dhruv Nath | |
Essential Reading / Recommended Reading 1.Crack the Funding code: How Investors Think and what they need to hear to fund your start-up by Judy Robinett 2.Venture Capital for Dummies by Nicole Gravagna, Peter K Adams
3.Get Smart Funding for your Billion-dollar idea by Brian Cohen | |
Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
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MIE334 - PRODUCT AND PRICING STRATEGY (2023 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
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The Course will enable to student to develop a deeper understanding of various aspects related to Product development, Market entry and the appropriate pricing strategy. |
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Learning Outcome |
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CO1: New Product development process and factors influencing consumer adoption CO2: How Product Life Cycle characteristics drive the market strategy CO3: Use elements of BCG and Ansoff Matrix principles for Market Entry and penetration CO4: Elements involved in developing a successful Pricing strategy CO5: Develop a Product and Pricing strategy for the Start-up Idea |
Unit-1 |
Teaching Hours:10 |
Product Development
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Concept of a Product, Product levels, Customer value hierarchy, Classification of products, Durability & Tangibility, Consumer goods, Industrial goods, New Product development, New Product Development process, Consumer adoption process | |
Unit-2 |
Teaching Hours:5 |
Product Life cycle for Start-ups
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Product Life Cycle Marketing strategies, PLC characteristics, Objectives and Strategies, Product decisions, Product Mix, Organization goals and Product mix, Constituents of product mix, Products decisions, Product line, Factors influencing Product line decisions | |
Unit-3 |
Teaching Hours:15 |
Product-Market Entry Strategy
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BCG Matrix, Market share strategy, Relative market share, Market growth entry, Ansoff Matrix, Market penetration, Product development, Market Development, Diversification, Industry examples using BCG & Ansoff matrix | |
Unit-4 |
Teaching Hours:5 |
Pricing Factors and Determinants
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Pricing decisions, Factors governing price determination, Price discounts and allowances, Packaging, Labeling Warranties and Guarantees | |
Unit-5 |
Teaching Hours:10 |
Pricing Policy
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Steps in setting up a pricing policy, pricing objectives, determining demand, Different Pricing methods, Pricing Policy, Selecting the final price, Pricing strategies adopted by leading startups in Indian market and their outcomes | |
Unit-6 |
Teaching Hours:15 |
Class Activity
|
|
Create a Product and pricing strategy for your start-up idea using the PLC objectives, strategies, select the Pricing method and market entry strategy using the BCG and Ansoff matrix elements | |
Text Books And Reference Books: 1.Lean Product Life by Tendayi Viki 2.The BCG Growth Share Matrix by Carmela Milano 3.Ansoff Matrix in your pocket by Billy Francis
4.The Strategy and Tactics of Pricing by Thomas T Nagle, John Hogan, Joseph Zale | |
Essential Reading / Recommended Reading 1.Product Life Cycle Management by John Stark 2.The Art of Ansoff Matrix by Maguel Scott 3.BCG Matrix and its support in management decision making by Martin Pruschkowski 4.The Price Advantage by Walter L Baker, Michael V Marn, Craig C Zawada 5.Power Pricing by Robert J Dolan and Hermann Simon
6.Lean Pricing: Pricing strategies for startups by Omar Mohout | |
Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
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MIE335 - ENTREPRENEURIAL SALES FOR NEW VENTURE (2023 Batch) | |
Total Teaching Hours for Semester:30 |
No of Lecture Hours/Week:2 |
Max Marks:50 |
Credits:2 |
Course Objectives/Course Description |
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Sales is the ultimate last mile activity for the success of any entrepreneurial venture. The Course is designed to help students understand the entrepreneurial sales process and simplify the ownership-based sales model. |
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Learning Outcome |
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CO1: Importance to be a salesman within every entrepreneur CO2: How to be an effective Entrepreneurial seller CO3: Various aspects for Entrepreneurial sales model CO4: How Sales will be a starting point in the Entrepreneurship evolution process CO5: Prepare and demonstrate effective sales pitch for their start-up idea |
Unit-1 |
Teaching Hours:5 |
Entrepreneurial Selling
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What is Entrepreneurial Selling, Entrepreneurial sales mindset, Why Entrepreneurial sales matter, Steps to become effective Entrepreneurial seller, 5Ps of Entrepreneurial selling – Passion, Patience, Planning, Perseverance, Purpose | |
Unit-2 |
Teaching Hours:10 |
Entrepreneurial Sales Model
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How to sell yourself as an Entrepreneur, Entrepreneurial selling success – “Be an Owner”, Entrepreneurial sales model – Who is your target customer, How will you reach them, How will you delight them, Where do you excel in entrepreneurship sales process, How will you generate leads, How many filters you will apply to narrow down your target, Have you tailored your web/verbal messaging to talk directly to target customer | |
Unit-3 |
Teaching Hours:5 |
Entrepreneur to start in Sales
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Become Tenacious, Sales makes an entrepreneur a Networking Ace, makes them persuasive, set realistic goals and achieve them consistently, know what your market wants | |
Unit-4 |
Teaching Hours:10 |
Class Activity
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Prepare an effective sales pitch of your product/solution and do a mock sales presentation to a target group of batchmates in the class and handle queries, objections convincingly. | |
Text Books And Reference Books: 1.Entrepreneurial Selling by Vincent Onyemah, Martha Rivera-Pesquera 2.The Entrepreneurial Sell: Tools and Techniques every Start-up need to succeed by Cheryl Mayberry McKissack 3.The Ultimate Sales Machine by Chet Holmes | |
Essential Reading / Recommended Reading 1.Predictable Revenue by Aaron Ross, Marylou Tyler
2.Business Made Simple by Donald Miller | |
Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 50 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 50 Marks (2 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 25 Marks out of 50 must be secured to pass in that paper.
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MIE336 - ENTREPRENEURIAL STRATEGY IN TURNAROUND ENVIRONMENT (2023 Batch) | |
Total Teaching Hours for Semester:30 |
No of Lecture Hours/Week:2 |
Max Marks:50 |
Credits:2 |
Course Objectives/Course Description |
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Knowledge of Business turnaround in tough times is an important skill for every entrepreneurial leader. This Course prepares them to face and successfully Pivot in challenging times. |
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Learning Outcome |
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CO1: Key stages of Business Turnaround Life cycle CO2: How to implement Turnaround strategy CO3: What are different dimensions of Business Turnaround Plan CO4: Key elements of success to manage internal and external stakeholders CO5: Learnings of successful business turnaround case studies from India/Globe |
Unit-1 |
Teaching Hours:8 |
Business Turnaround Life Cycle
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4 stages of Turnaround Lifecycle – a) Assessment of the need for saving the business b)Crisis management-Arrest of negative cash accretion and saving morale and talent from attrition c)Stabilizing the situation – building a stable Management team that will lead to growth and future profitability d)Planning the future – Developing a strategy and structure suited to ensure the long-term viability | |
Unit-2 |
Teaching Hours:6 |
Turnaround Dimensions
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Strategy - defining a new direction for the organization, managing complexity and strategic dualities, addressing marketing myopia, examining core capabilities that have morphed into rigidities, and reining in disorganized innovation efforts Finance - management of cash flow, the convenience of keeping or divesting assets, and the possibility of restructuring debt Leadership - importance of personal and organizational resilience, the management of critical thinking (logos), emotions (pathos), and relationships (ethos), and the challenges involved in professionalizing a leadership team in a crisis. Culture - situations where leaders must reassess organizational culture, values, and purpose.
Organization - structure, processes, and people. streamlining the organization, simplifying structure, and redesigning core processes while sustaining morale, retaining key talent, and energizing people | |
Unit-3 |
Teaching Hours:16 |
Business Turnaround case studies
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Zomato, Paytm, Flipkart, Air India, Ola | |
Text Books And Reference Books: 1.Power of Broke by Daymond John 2.The 24-Hour Turnaround by Jeffrey S Davis and Mark Cohen 3. The Small Business Turnaround guide by Sandy Steinman | |
Essential Reading / Recommended Reading 1.The Turnaround: What Surviving Bankruptcy Taught Me About Achieving Success in Business and in Life by Gregory K McDonough2. Creating Value through Corporate Restructuring by Stuart C Gilson | |
Evaluation Pattern Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 50 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 50 Marks (2 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 25 Marks out of 50 must be secured to pass in that paper.
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MIE337 - DESIGN THINKING AND INNOVATION APPLICATION (2023 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
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Creativity and innovation are the key drivers of success for many of today’s leading companies. Some of the most gains in shareholder value over the last few years (e.g., Google, Facebook) are due to a culture of creative innovation. This course examines the process of developing new product or service innovations |
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Learning Outcome |
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CO1: Understand and apply the processes involved in Idea Productization. CO2: Awareness of the role of multiple functions in creating a new product (e.g., marketing, finance, industrial design, engineering, production). CO3: Ability to create and coordinate multiple, interdisciplinary tasks in order to achieve a common objective. CO4: Examine Design Thinking concepts and principles. Practice the methods, processes, and tools of Design Thinking CO5: Apply the Design Thinking approach and model to real world situations. Analyze the role of primary and secondary research in the discovery stage of Design Thinking |
Unit-1 |
Teaching Hours:10 |
Design Thinking : Turning Challenges into Opportunities
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Meaning of Design Thinking, the rise of Design Thinking Market Research, Practical insights into conducting marketing research, , Design thinking for competitive advantage. Power of Design Thinking in Entrepreneurship - The Need for Creative and Design, Thinking Mental Models of Creativity, Design Thinking in Entrepreneurship, Why design needs entrepreneurial mindset, combining entrepreneurial and design thinking, The seven steps of design thinking, Creative Thinking. Open Innovation, creative solutions to issues facing organizations, Company culture and architecture, from design thinking to funding.
Opportunity Assessment - “How do we source and identify opportunities?” and “Which opportunities should we invest time and money in?” Three dimensions of Opportunity Assessment - Product-Market fit, Product-Company fit, and Product-Business fit. “Jobs to Be Done” framework to define key unmet needs and hence the opportunities for a new product. How to organize the opportunity analysis into a recommendation and present the output in an Opportunity Brief. The Opportunity Brief serves as the “business case” for the product and should explicitly provide a “Go/No-Go” recommendation to invest resources and initiate the Discovery process for a specific product (or not). should explicitly provide a “Go/No-Go” recommendation to invest resources and initiate the Discovery process for a specific product (or not). | |
Unit-2 |
Teaching Hours:10 |
Design Thinking Paradigm for Strategic Innovation
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Strategies for creating value - Increment Value or True value creation, Design Thinking as a paradigm for innovation strategy, Design Research for understanding the needs of our users and clients, Theories of Innovation, Technology Forecasting, Conducting analysis - Economic justification, First Mover and late mover Advantage, Organizations and Innovation Process, Diffusion of Innovation. Case studies - How Indra Nooyi Turned Design Thinking Into Strategy? P&G, Pfizer, IDEO – SHIMANO. Vijay Govindrajan’s Three Box Model approach, Identify Technology transfer partners, Where and how do new product ideas originate Collaborative approaches – Industry, University, Transferring the project from R&D to operations,– Open innovation, crowd sourcing for Innovation, researching & monitoring markets, Five Cs of Opportunity Identification, Market Opportunity Identification in emerging technology companies, opportunity identification by fulfilling unmet customer needs.
Risk Management in Innovation, Managing Future Technologies, and minimizing risk of failure. Case study approach Intellectual Property Rights. | |
Unit-3 |
Teaching Hours:5 |
Productizing Startup Ideas - Product / Service Business Model Design
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Lean start-up techniques for the design and refinement of business models. Customer Experience Strategy. From the Design of Services to Business Design. Customer Discovery & Validation. Business Model Canvas. How to create a winning Business Model Design & Lean Startup. Canvas Value Proposition. Lean Startup Machine. Hambrick and Fredrickson Strategy and Prototyping. Design thinking process in new product development, Three Box Model solution: strategy for innovation, Case study discussion - Vijay Govindrajan’s - Reverse Innovation. | |
Unit-4 |
Teaching Hours:10 |
Design Thinking Framework
|
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Conducting market research for new a product offering, Levels of Product / Service, identifying stakeholder needs for Product/service innovation. obtaining Insights, personal techniques and Foresight of Future Scenarios. Concept generation, identifying new business opportunities based on market needs – from product to service design, Designing and testing breakthrough concepts. Assign Teams and Introduce Small projects with Design Thinking framework – empathize, define, ideate, prototype and test.
Design Thinking for the Greater Good - Conducting design thinking challenge for kids. | |
Unit-5 |
Teaching Hours:10 |
Productizing Startup Ideas - Internet Business Design
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Market trend analysis, Business Design JAM, Digital/Internet Business Model, KPIs, Hypothesis and Experiments, Implementation
Design of Services and Customer Experience. Case study discussions – manufacturing and service sector. Service sector – IDEO, Lego, e-commerce market players design thinking strategies. Toward Sustainable Design Thinking. | |
Unit-6 |
Teaching Hours:15 |
Major Design Project
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Concept Visualization & Prototyping Workshop, Practicum - Choose an existing product that you like to improve further. Designing User Scenarios that integrates concepts and skills in a practical application to an existing organization or to a potential new enterprise | |
Text Books And Reference Books: Essential References: 1. Jeanne Liedtka, Andre King, and Kevin Bennett (2013), Solving Problems with Design Thinking, Columbia Business School Publishing. Shrutin N Shetty, (2018), Design the Future: Simplifying Design Thinking to Help You, Notion Press. | |
Essential Reading / Recommended Reading Recommended References: 1. Madhavan Ramanujam, Georg Tacke 2. The Three-Box Solution: A Strategy for Leading Innovation By Vijay Govindarajan 3. Design Thinking: New Product Development Essentials from the PDMA, By Abbie Griffin, Michael G. Luchs, and Scott Swan 4. Harvard Business Review case studies, https://hbr.org/store/case-studies 5. Case Centre, https://www.thecasecentre.org/main 6. Blue Ocean Strategy Sketching User Experiences: Getting the Design Right and the Right Design, Bill Buxton | |
Evaluation Pattern
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) 50%
Mid Semester Examination (CIA-2) 25%
Continuous Internal Assessment (CIA- 1 & 3) 20%
Attendance 05%
Total 100%
Written Examinations consists of:
§ Mid Semester Exam – 50 Marks (2 hours duration)
§ End Semester Exam – 100 Marks (3 hours duration)
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
| |
MIE338 - ENTREPRENEURSHIP - CURRENT AFFAIRS (2023 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:0 |
Course Objectives/Course Description |
|
This course enables the students to be fully conversant and updated with the latest information and happenings in the startup eco system, keep track of progress of Entrepreneurship activity in India and across the globe and apply some of them to the startup venture. |
|
Learning Outcome |
|
CO1: Update themselves on Regulatory and Policy announcements for start-ups CO2: Understand new methods of Innovative Financing and funding the new venture. CO3: Initiate a debate on some key emerging trends and its applicability in the startup world CO4: Learn important lessons from Pivots and failures CO5: Sharpen their presentation skills |
Unit-1 |
Teaching Hours:30 |
Current Affairs Presentation
|
|
Students will refer Print, social media, News channels, press releases, Government Announcements, Global Information bureaus etc., and prepare Current affairs presentations covering the following areas in the Entrepreneurship/Start-up Eco system and India/Global level: a) Policy Announcements related to Start-ups b) Regulatory and compliance guidelines issued from time to time on Legal, Taxation and business laws c)Fund raising by start-ups d)Investments by various Funding agencies including angel investors e) Mergers and Acquisitions f) New Product Launches g) Innovations and solutions in different sectors h) Pivots and change in business models i)Start-up failures and closures j) Grand Challenges announced for start-ups from time to time k) News flow from Incubators, Accelerators, Innovation labs, Corporates l)All other important information related to start-up/entrepreneurship world
| |
Unit-2 |
Teaching Hours:10 |
Debates on Key identified emerging topics
|
|
Students will refer Print, social media, News channels, press releases, Government Announcements, Global Information bureaus etc., and prepare Current affairs presentations covering the following areas in the Entrepreneurship/Start-up Eco system and India/Global level: a) Policy Announcements related to Start-ups b) Regulatory and compliance guidelines issued from time to time on Legal, Taxation and business laws c)Fund raising by start-ups d)Investments by various Funding agencies including angel investors e) Mergers and Acquisitions f) New Product Launches g) Innovations and solutions in different sectors h) Pivots and change in business models i)Start-up failures and closures j) Grand Challenges announced for start-ups from time to time k) News flow from Incubators, Accelerators, Innovation labs, Corporates l)All other important information related to start-up/entrepreneurship world
| |
Unit-3 |
Teaching Hours:6 |
Quiz Program sessions on Start-up Eco system domain general knowledge
|
|
Students will refer Print, social media, News channels, press releases, Government Announcements, Global Information bureaus etc., and prepare Current affairs presentations covering the following areas in the Entrepreneurship/Start-up Eco system and India/Global level: a) Policy Announcements related to Start-ups b) Regulatory and compliance guidelines issued from time to time on Legal, Taxation and business laws c)Fund raising by start-ups d)Investments by various Funding agencies including angel investors e) Mergers and Acquisitions f) New Product Launches g) Innovations and solutions in different sectors h) Pivots and change in business models i)Start-up failures and closures j) Grand Challenges announced for start-ups from time to time k) News flow from Incubators, Accelerators, Innovation labs, Corporates l)All other important information related to start-up/entrepreneurship world
| |
Unit-4 |
Teaching Hours:14 |
Presentation on Important Policy announcements and Regulatory Changes
|
|
Students will refer Print, social media, News channels, press releases, Government Announcements, Global Information bureaus etc., and prepare Current affairs presentations covering the following areas in the Entrepreneurship/Start-up Eco system and India/Global level: a) Policy Announcements related to Start-ups b) Regulatory and compliance guidelines issued from time to time on Legal, Taxation and business laws c)Fund raising by start-ups d)Investments by various Funding agencies including angel investors e) Mergers and Acquisitions f) New Product Launches g) Innovations and solutions in different sectors h) Pivots and change in business models i)Start-up failures and closures j) Grand Challenges announced for start-ups from time to time k) News flow from Incubators, Accelerators, Innovation labs, Corporates l)All other important information related to start-up/entrepreneurship world
| |
Text Books And Reference Books: INC42.com, ET Start up, VC Circle, Money Control.com, Entrepreneur India, Better India, Mckinsey Insights, Bloomberg, Reuters, Start-Up India, Invest India, Central and State Government start-up releases, all social media handles, news websites | |
Essential Reading / Recommended Reading NIL | |
Evaluation Pattern Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written/oral examinations(VIVA-VOCE) and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) (VIVA-VOCE) & Presentations
50%
Mid Semester Examination (CIA-2) (VIVA-VOCE) & Presentations
25%
Continuous Internal Assessment (CIA- 1 & 3) (VIVA-VOCE) & Presentations
20%
Attendance
05%
Total
100%
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper.
| |
MIE351 - FIELD VISIT-EXPERIENTIAL LEARNING - III (2023 Batch) | |
Total Teaching Hours for Semester:0 |
No of Lecture Hours/Week:0 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
|
This aims to provide practical and hands-on exposure to start up organizations and gain deep insights on various aspects of the business. |
|
Learning Outcome |
|
CO1: Effectively understand the practical application of concepts introduced CO2: Appreciate the value of practical exposure to multiple start-ups CO3: Learn the different strategies followed to solve the identified problems CO4: Imbibe the cultural dimensions of working with different set of people and teams CO5: Apply the learnings successfully in the start-up Venture |
Unit-1 |
Teaching Hours:0 |
Field Visit I
|
|
Identify and shortlist a start-up, undertake field visits to the start-up after obtaining all permissions, study, observe, make secondary research, Primary interaction with different stakeholders including the leadership, obtain immersive knowledge of all aspects of the organization, product detail, pricing strategy, business model, customer segment, target market, funding strategy, distribution model, success and failures, marketing plan and various other aspects of the business. | |
Unit-2 |
Teaching Hours:0 |
Field Visit II
|
|
Identify and shortlist a 2nd start-up, undertake field visits to the start-up after obtaining all permissions, study, observe, make secondary research, Primary interaction with different stakeholders including the leadership, obtain immersive knowledge of all aspects of the organization, product detail, pricing strategy, business model, customer segment, target market, funding strategy, distribution model, success and failures, marketing plan and various other aspects of the business. | |
Unit-3 |
Teaching Hours:0 |
Presentation on Field Visit I
|
|
Make a detailed formal presentation on the identified topic of the concept covered in different courses in Semester I. | |
Unit-4 |
Teaching Hours:0 |
Presentation on Field Visit II
|
|
Make a detailed formal presentation on the identified topic of the concept covered in different courses in Semester I. | |
Text Books And Reference Books: NIL | |
Essential Reading / Recommended Reading NIL | |
Evaluation Pattern Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc. Students are evaluated for each course on the basis of written/oral examinations(VIVA-VOCE) and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows: End Semester Examination (ESE) (VIVA-VOCE) & Presentations
50%
Mid Semester Examination (CIA-2) (VIVA-VOCE) & Presentations
25%
Continuous Internal Assessment (CIA- 1 & 3) (VIVA-VOCE) & Presentations
20%
Attendance
05%
Total
100%
· A student should secure a minimum of 50% Marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 50 Marks out of 100 must be secured to pass in that paper. | |
MIE431 - GO-TO-MARKET STRATEGY FOR THE START UP (2023 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
|
Understanding what customer wants and creating a right go to market strategy basis the market need is key success factor for the entrepreneurship initiative. This Course provides a strong foundation and enablement for the student to build a strong GTM strategy for the start-up idea. |
|
Learning Outcome |
|
CO1: The need and importance of a successful GTM strategy CO2: Identification and process of assembling the components for the GTM strategy CO3: Important Differentiation between GTM strategy and overall marketing strategy CO4: Steps to build the GTM Strategy CO5: Basis GTM strategy market examples build one for the start-up idea |
Unit-1 |
Teaching Hours:10 |
GTM Introduction
|
|
What is GTM, why do you need GTM, who is responsible for GTM, who needs a GTM, When do you need a GTM, What is a good GTM, Where is GTM applied
| |
Unit-2 |
Teaching Hours:10 |
Components of GTM Strategy
|
|
Types of GTM, Components of GTM-Problem are to solve, Product Market Fit, Target audience, Competition and Demand, Distribution, Price, Market size, Product complexity, B2B or B2C, Relationships. 4 Components – What does the market look like – Market analysis, Whom do we go after and how – Market selection, Segment targeting, What, Where & How do we sell – Marketing Mix, How do we gain and retain customer – Customer acquisition Difference between GTM Strategy and Marketing Strategy
| |
Unit-3 |
Teaching Hours:10 |
How to build the GTM Strategy
|
|
Buying Center & Personas, Research Demand, Craft Value Matrix, Identify & Test the messaging, understand customer journey, outline pricing strategy, Distribution Channel strategy, External marketing plan, Sales Funnel, Customer support service, Define Success metrics, How to measure success of GTM Strategy, GTM Template
| |
Unit-4 |
Teaching Hours:10 |
GTM Examples
|
|
Metaverse, Ola EV, Zepto, Blinkit, Garuda aerospace, examples from Shark Tank
| |
Unit-5 |
Teaching Hours:20 |
GTM Class Activity
|
|
Create a GTM strategy for your Startup Idea after assembling all the components, selecting the type of GTM and share it in the form of Presentation in the Template.
| |
Text Books And Reference Books:
1.Go to Market Strategy by Lawrence Friedman
2.Go to Market by Joana Inch
3.The Go to Market: Guide to Drift by Drift Press
| |
Essential Reading / Recommended Reading
1.Anti-Sell by Steve Morgan
2.Obviously Awesome by April Dunford 3.Lean Customer Development by Cindy Alvarez | |
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessment. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) : 50%
Mid Semester Examination (CIA-2) : 25%
Continuous Internal Assessments (CIA- 1 & 3) : 20%
Attendance : 05%
Total : 100%
· Written Examinations consists of:
§ Mid Semester Exam – 50 marks (2 hours’ duration)
§ End Semester Exam – 100 marks (3 hours’ duration)
· A student should have secured minimum 40% marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 40 marks out of 100 must be secured to pass in that paper.
| |
MIE432 - MARKETING PLAN-DIGITAL MARKETING STRATEGY (2023 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
|
After identification of the right target customers through market selection & segmentation, creating the right visibility strategy is key to the initial and continued success of the start-up. This Course aims to provide all the tools and inputs to develop to a successful overall marketing strategy built in with a robust digital marketing strategy |
|
Learning Outcome |
|
CO1: Importance, key elements and types of Marketing plan CO2: The Universe of Marketing Ideas that can be considered for Start ups CO3: Components to build the Marketing Strategy CO4: How to develop a Digital Marketing strategy for the Startup CO5: Learn from the successful marketing strategies of entrepreneurs and develop one for the start-up idea. |
Unit-1 |
Teaching Hours:10 |
|||||||||
Marketing Plan for Start-up
|
||||||||||
Need for a Marketing Plan, Elements of Marketing Plan, Start-up Marketing Channels, 4 Types of Marketing Plans – Marketing Penetration, Market Development, Product Development, Diversification
| ||||||||||
Unit-2 |
Teaching Hours:10 |
|||||||||
Start-up Marketing Ideas
|
||||||||||
Use Paid ads to build a community, Try social media to connect with customers, Crowdfund marketing/generate press, Host a virtual meet up, Use user-generated content to tell the story, create SEO optimized content, Implement referral program, Offer free trial version
| ||||||||||
Unit-3 |
Teaching Hours:10 |
|||||||||
Start-up Marketing Strategy
|
||||||||||
Use Smart goals to focus on business-critical goals upfront, create detailed documents to distinguish who the buyers are, have clear compelling messaging, create a content marketing strategy to generate leads, run ads for short term results, implement a digital PR strategy to create a buzz around the brand, measure and improve customer lifetime value, establish and cultivate your reputation, build a referral engine
| ||||||||||
Unit-4 |
Teaching Hours:10 |
|||||||||
Digital Marketing strategy for Start-up
|
||||||||||
What is a Digital Marketing strategy, Importance of DM strategy for startups, 10 Strategies – Social Media Marketing, email marketing, Search engine marketing, search engine optimization, Influencer Marketing, Content marketing, You tube marketing, Viral marketing, Referral marketing, Publish top tier publications
| ||||||||||
Unit-5 |
Teaching Hours:20 |
|||||||||
Start-up Marketing strategy examples ? Class Activity
|
||||||||||
Start-up Marketing strategy and Digital Marketing strategy examples from Indian and Global entrepreneurs.
Create a Digital marketing strategy for your start-up Idea using the appropriate tools within an identified budget plan under the marketing strategy.
| ||||||||||
Text Books And Reference Books:
1.Marketing your start-up by Simona Covel
2.Zen of Social Media Marketing by Shama Hyder Kabani
3.Startup Marketing Plan: Digital Marketing strategy for Start-ups by Evon Shrom
4.From Starting Small to Winning Big: The definitive digital marketing guide for start-up entrepreneurs by Shishir Mishra
5.The Pizza guide to Digital marketing by Christian Farioli
| ||||||||||
Essential Reading / Recommended Reading
1.The Ultimate Start-up Book by Christine Harvey
2.Epic Content Marketing by Joe Pulizzi 3.Stories that Stick by Kindra Hall | ||||||||||
Evaluation Pattern
| ||||||||||
MIE433 - STRUCTURING THE START-UP-SETTING UP THE BUSINESS FOR GROWTH (2023 Batch) | ||||||||||
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
|||||||||
Max Marks:100 |
Credits:4 |
|||||||||
Course Objectives/Course Description |
||||||||||
Possessing an all round knowledge of all aspects related to setting up of the new venture is as important as the product or innovation. This Course imparts a detailed know how on what they need to know in its entirety from Incorporation to Launch of the Start up business. |
||||||||||
Learning Outcome |
||||||||||
CO1: The important initial steps to be undertaken in initiating the start up CO2: How to build the Anatomy of the Organization and its structure CO3: What are the various Capital structuring options for the new venture CO4: Important Legal aspects to be mindful while preparing the start-up Journey CO5: Key points related to branding and all Launch related measures |
Unit-1 |
Teaching Hours:10 |
||||||||||
Initial Steps in Setting up the Startup
|
|||||||||||
Identify challenges involved in starting the business, Protection of personal assets, come up with a greaten am, Legal entity vs Brand identity, Perfect the Elevator pitch, Make the equity portion clear with Co-founders, Set up a good accounting and book keeping system, Understand Financial statements and Budgets, Become a strong sales person
| |||||||||||
Unit-2 |
Teaching Hours:10 |
||||||||||
Stage 2 in Business Set up
|
|||||||||||
Create a Great Investor pitch deck, Drive traffic to website, focus on exceptional customer service, build qualities of good public speaker, Thoroughly research the competition, Draw up MVP, PMF, GTM, Lean start-up business Plan, Overall Marketing strategy
| |||||||||||
Unit-3 |
Teaching Hours:10 |
||||||||||
Anatomy of the Start-up Organization
|
|||||||||||
People, how to get a Great Co-Founder – Trust, Skill set, Personality, Honesty, Draw up ESOP plans to motivate employees, Use Consultants and freelancers to support the Team, Employee Hiring – Build the right organization structure (Flat, Open or Hierarchical structure) – Hiring & Recruitment – Offer letter and Consultant contracts, Building a Team – Self assessment, Identify main roles, build a start-up culture
Develop an Organization Chart, Write Job descriptions, adapting to growth
| |||||||||||
Unit-4 |
Teaching Hours:20 |
||||||||||
Capital Structure and Legalities
|
|||||||||||
Capital Structure – Why is capital structure important for start-up, Factors determining capital structure, Types of Capital structure, Optimal capital structure for start-up, Capital structure vs financial structure, Capital distribution among founders, Impact capital recruitment on the capital structure, The seed funding round, Pre-money and post money valuation, Class of shares to be issued to investors, Volume of investment rounds, additional investment rounds after seed funding Legalities – 4 Ownership Structure options – Sole Proprietorship, Partnership, LLP, Pvt Ltd Company – Hire an experienced Start-up Attorney, CFO services, Co-Founder legal considerations legal agreements, Business Contracts, share purchase agreements, Intellectual Property Rights
| |||||||||||
Unit-5 |
Teaching Hours:10 |
||||||||||
Branding, Website and Launch
|
|||||||||||
Building a Brand – Promise, story, values, visual
Designing logo for the organization
Building the Website – Domain name, Hosting, Designing and developing the site
Building the office space – Lease, co-ownership, incubator
Launching – Create hype, Freebies & entertainment, stay clear from big brand launches, Press release and PR Prepare for unprecedented situations – Covid-19 | |||||||||||
Text Books And Reference Books:
1.Start, Run & Grow a successful small business by Toolkit Media Group
2.How to start a business in India by Simon Daniel
3.Before you start up: How to prepare to make your start dream a reality by Pankaj Goyal
4. Manual for Indian Startups by Vijaya Kumar Ivaturi
5. Start your own Enterprise by Prateek Jain
| |||||||||||
Essential Reading / Recommended Reading
1.The Art of the Start by Guy Kawasaki
2.Entrepreneur 5PM to 9AM: Launching a Profitable Start-up by Kanth Miriyala & Reethika Sunder
3.Lets Build a Company by Harpreet Grover 4.48 Hour Start-up: From Idea to Launch in 1 Weekend by Fraser Doherty | |||||||||||
Evaluation Pattern
| |||||||||||
MIE434 - SCALING THE NEW BUSINESS VENTURE (2023 Batch) | |||||||||||
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
||||||||||
Max Marks:100 |
Credits:4 |
||||||||||
Course Objectives/Course Description |
|||||||||||
The Course objective is to enable the student to identify all the aspects post the first phase of the start-up and build the entire knowledge eco-system on preparing for the next phase of the start-up for the successful scale up in a structured and scientific manner. |
|||||||||||
Learning Outcome |
|||||||||||
CO1: Importance and challenges in scale up plans of the start up CO2: All aspects relating to getting the team prepared for the scale up CO3: Pick up knowledge of all steps in scaling the new venture CO4: Understanding the variables in the measurement the success of scale up CO5: Basis the scale up success example, Develop the scale up strategy for the Start up idea |
Unit-1 |
Teaching Hours:10 |
||||||||||
Start-up Scale approach
|
|||||||||||
What is start-up growth, what is start-up Scale, Difference between growing & scaling a start-up, Checkpoints for Timing of scaling the start-up – God customer base, reaching previous goals, Positive cash flow, working concept & Reliable Infra, Minimized Risks, Risks when scaling the start-up, Danger of Premature scaling, Challenges when scaling the business
| |||||||||||
Unit-2 |
Teaching Hours:10 |
||||||||||
Preparing the start-up for Scaleup
|
|||||||||||
Automate what the start-up wants, Invest in Tech, Know customer expectations, Use marketing techniques, Hire the right team, Take care of PR & Social media, Arrange the process inside the company, make business workable without founder, secure funding and generate steady revenue stream. Set up right expectations, create a smooth transition from Start up to Scale up
| |||||||||||
Unit-3 |
Teaching Hours:10 |
||||||||||
Steps for Scaleup of New Venture
|
|||||||||||
Become an expert in the Niche, Learn the Market, Hire the right team and have an accomplished settled team, Strong financial position and control the finances, make sure all are in state of readiness, Outsource the non-essentials, Identify the best time to scale up, capable IT infrastructure, create sense of urgency, solving Customer’s expectations. Focus on operations, belief & leadership, create an irresistible company culture, Master traffic & sales, Build accountability, Find a way for everyone to win, Think Big, Prioritize results and customer satisfaction, Quick action on stakeholder feedback, fearless creativity and constant awareness of core values, Founder as role model of entrepreneurial attitude
| |||||||||||
Unit-4 |
Teaching Hours:10 |
||||||||||
Measuring the scaleup success
|
|||||||||||
Data Driven approach, Parameters to measure success - Average Revenue per user, Customer acquisition cost, Operational efficiency, Customer retention ratio.
Common mistakes that will keep start-up small forever.
| |||||||||||
Unit-5 |
Teaching Hours:10 |
||||||||||
Examples of Scaleup Success
|
|||||||||||
Pinterest, Amazon, Airbnb, Indian start-up examples from Shark Tank
| |||||||||||
Unit-6 |
Teaching Hours:10 |
||||||||||
Class Activity
|
|||||||||||
List down all the items for the preparation of scaleup of the start-up as per Unit 2, Develop a mock scale up plan for your start-up idea and sharing a presentation along with data on success parameters | |||||||||||
Text Books And Reference Books:
1.Explosive Growth by Cliff Lerner
2.Traction by Gabriel Weinberg and Justin Mares
3.Simple Scaling: Ten proven principles to 10x your business by Claire Colvin and Brendan McGurgan
4. Start-up CEO: A Field guide to scale your business by Matt Blumberg
5. Scaling Up: How a few Companies make it and Why the rest don’t by Verne Harnish
| |||||||||||
Essential Reading / Recommended Reading
1.Hacking Growth by Sean Ellis, Morgan Brown
2.Scale by Geoffrey West
3.The Start-up Growth book by Andrew Lee Miller 4.Masters of Scale by Reid Hoffman | |||||||||||
Evaluation Pattern
| |||||||||||
MIE435 - DISTRIBUTION STRATEGY FOR THE NEW VENTURE (2023 Batch) | |||||||||||
Total Teaching Hours for Semester:30 |
No of Lecture Hours/Week:2 |
||||||||||
Max Marks:50 |
Credits:2 |
||||||||||
Course Objectives/Course Description |
|||||||||||
Building a suitable Distribution strategy for the Products is inevitable, Distribution is king and is considered as an important ingredient for success of a start-up. The provides an overview on all the elements of Distribution, supply chain and logistics for the new venture. |
|||||||||||
Learning Outcome |
|||||||||||
CO1: Importance & Types of Distribution Channels CO2: Considerations to select the right Channels and its financial implications CO3: Impact of Distribution in Product and pricing CO4: Different SCM segments and Business service models CO5: Learn the Best examples of successful supply chain startups |
Unit-1 |
Teaching Hours:5 |
Introduction to Distribution
|
|
What is Distribution, Parts of Distribution Channel, How to select a distribution Channel, Solution vs Marketing Complexity, Push vs Pull Marketing for Distribution Channel, Financial considerations for the distribution channel
| |
Unit-2 |
Teaching Hours:5 |
Distribution ? Supply Chain Models ? Distribution Strategy
|
|
SCM & logistics major evolution in the last 5 years. Role of Digital in SCM, Integral part of E-Commerce Industry
SCM Segments – Warehousing & Fulfillment, Express Delivery, Overland Transportation, Ocean/Air logistics
Business Models – Broker/Aggregator, Analyst, Niche Operator, Technologist
Should startups build distribution channels or sell products directly?
| |
Unit-3 |
Teaching Hours:10 |
Distribution-Supply Chain Start-up Examples
|
|
International – Locafox, Roost, Cargobee, Swapbox, fetch robotics, Shuti, Shippo, Deliv, Starship
India – EcomExpress, Rivigo, Delhivery, Shiprocket, blowhorn, Fr8, StackBox, Qikpod, Porter, Dunzo
| |
Unit-4 |
Teaching Hours:10 |
Class Activity
|
|
Build a Distribution Strategy for your start-up Idea with channel, pricing/budget, logistics model and taking other aspects into consideration and share it in the form of a presentation | |
Text Books And Reference Books:
1.The Manager’s guide to Distribution Channels by Linda Gorchels
2.Sales and Marketing Channels: How to build and Manage Distribution Strategy by Julian Dent and Michael White 3.A Field Guide to Channel Strategy: Building routes to Market by Anne T.Coughlan and Sandy D. Jap | |
Essential Reading / Recommended Reading
1Getting Multi-Channel Distribution Right by Kusum L Allawadi 2Building Successful Partner Channels by Hans Peter Bech | |
Evaluation Pattern
Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.
Students are evaluated for each course on the basis of written examination and continuous internal assessment. Each paper carries maximum of 100 marks and is evaluated as follows:
End Semester Examination (ESE) : 50%
Mid Semester Examination (CIA-2) : 25%
Continuous Internal Assessments (CIA- 1 & 3) : 20%
Attendance : 05%
Total : 100%
· Written Examinations consists of:
§ Mid Semester Exam – 50 marks (2 hours’ duration)
§ End Semester Exam – 50 marks (2 hours’ duration)
· A student should have secured minimum 40% marks in the ESE to pass in that paper.
· In aggregate for each paper, for internal and end semester put together, at least 40 marks out of 100 must be secured to pass in that paper. | |
MIE436 - ENTREPRENEURSHIP - CURRENT AFFAIRS (2023 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:50 |
Credits:0 |
Course Objectives/Course Description |
|
This course enables the students to be fully conversant and updated with the latest information and happenings in the startup eco system, keep track of progress of Entrepreneurship activity in India and across the globe and apply some of them to the startup venture. |
|
Learning Outcome |
|
CO1: Update themselves on Regulatory and Policy announcements for start-ups CO2: Understand new methods of Innovative Financing and funding the new venture. CO3: Initiate a debate on some key emerging trends and its applicability in the startup world CO4: Learn important lessons from Pivots and failures CO5: Sharpen their presentation skills |
Unit-1 |
Teaching Hours:30 |
Current Affairs Presentation
|
|
- | |
Unit-2 |
Teaching Hours:10 |
Debates on Key identified emerging topics
|
|
- | |
Unit-3 |
Teaching Hours:6 |
Quiz Program sessions on Start-up Eco system domain general knowledge
|
|
- | |
Unit-4 |
Teaching Hours:14 |
Presentation on Important Policy announcements and Regulatory Changes
|
|
- | |
Text Books And Reference Books: INC42.com, ET Start up, VC Circle, Money Control.com, Entrepreneur India, Better India, Mckinsey Insights, Bloomberg, Reuters, Start-Up India, Invest India, Central and State Government start-up releases, all social media handles, news websites | |
Essential Reading / Recommended Reading - | |
Evaluation Pattern FINAL SUBMISSION WORK ON START UP VENTURE | |
MIE471 - STARTUP VENTURE - FINAL PRESENTATION (2023 Batch) | |
Total Teaching Hours for Semester:60 |
No of Lecture Hours/Week:4 |
Max Marks:100 |
Credits:4 |
Course Objectives/Course Description |
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This is the culmination of the Course in the form of a final presentation of their start up Idea to gain the Buy in and feedback from a Panel of experts drawn from the Start up and Entrepreneurship Eco system |
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Learning Outcome |
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CO1: How to sell the start-up Idea to a Panel of Experts CO2: Display of all Communication and engagement skills CO3: Prepare themselves to make successful pitches of the new venture to external stakeholders CO4: Learn and incorporate the Feedback provided by the Panel CO5: Gain Buy In from the first set of potential funders |
Unit-1 |
Teaching Hours:60 |
Final Viva Presentation to be made by the students to a Panel of Experts: Start-up Idea Presentation
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Problem Statement
Solution Overview
Market Research Process
Market Segmentation
Target Market selection
Target Audience
Lean Start-up Business Plan
Product Development Process
MVP
PMF
Pricing Plan
Sales/Marketing Plan
Digital Marketing Strategy
Distribution Strategy
GTM
Funding Plan and Capital Structure
Launching the Start-up
Estimation of Scale up Plan
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Text Books And Reference Books: PRACTICAL | |
Essential Reading / Recommended Reading PRACTICAL | |
Evaluation Pattern
Confidence
Depth of Research
Audience engagement
Passion to the Start up Idea
Coverage of all topics
Visual Aids
Facts, Analytics – Use of Tableau, PowerBI tools
Body Posture
Ease of Presentation
Quality of response to Questions
Completion on allocated time
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MIE481 - FIELD VISIT - EXPERIENTIAL LEARNING - IV (2023 Batch) | |
Total Teaching Hours for Semester:0 |
No of Lecture Hours/Week:0 |
Max Marks:50 |
Credits:4 |
Course Objectives/Course Description |
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This aims to provide practical and hands-on exposure to start up organizations and gain deep insights on various aspects of the business. |
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Learning Outcome |
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CO1: Effectively understand the practical application of concepts introduced CO2: Appreciate the value of practical exposure to multiple start-ups CO3: Learn the different strategies followed to solve the identified problems CO4: Imbibe the cultural dimensions of working with different set of people and teams CO5: Apply the learnings successfully in the start-up Venture |
Unit-1 |
Teaching Hours:10 |
Field Visit I
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Identify and shortlist a start-up, undertake field visits to the start-up after obtaining all permissions, study, observe, make secondary research, Primary interaction with different stakeholders including the leadership, obtain immersive knowledge of all aspects of the organization, product detail, pricing strategy, business model, customer segment, target market, funding strategy, distribution model, success and failures, marketing plan and various other aspects of the business.
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Unit-2 |
Teaching Hours:10 |
Field Visit II
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Identify and shortlist a 2nd start-up, undertake field visits to the start-up after obtaining all permissions, study, observe, make secondary research, Primary interaction with different stakeholders including the leadership, obtain immersive knowledge of all aspects of the organization, product detail, pricing strategy, business model, customer segment, target market, funding strategy, distribution model, success and failures, marketing plan and various other aspects of the business.
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Unit-3 |
Teaching Hours:20 |
Presentation on Field Visit I
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Make a detailed formal presentation on the identified topic of the concept covered in different courses in Semester I.
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Unit-4 |
Teaching Hours:20 |
Presentation on Field Visit II
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Make a detailed formal presentation on the identified topic of the concept covered in different courses in Semester I.
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Text Books And Reference Books: - | |
Essential Reading / Recommended Reading - | |
Evaluation Pattern FINAL VIVA |