New Venture Creation and Simulation (868N1)

15 credits, Level 7 (Masters)

Spring teaching

The module provides participants with a comprehensive understanding of the entrepreneurial process and the development of new ventures, with equal attention paid to the private, public and third sectors. Entrepreneurship is viewed as a process to provide sustainable economic, social and institutional change that starts with the conception of an idea and leads to the creation and management of an entrepreneurial venture. Conceptual foundations are matched with practical training to enable students to formulate and explore entrepreneurial ideas and opportunities, and designing and creating new ventures.


100%: Practical (Workshop)


70%: Coursework (Group presentation)
30%: Written assessment (Essay)

Contact hours and workload

This module is approximately 150 hours of work. This breaks down into about 33 hours of contact time and about 117 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.

We regularly review our modules to incorporate student feedback, staff expertise, as well as the latest research and teaching methodology. We’re planning to run these modules in the academic year 2023/24. However, there may be changes to these modules in response to feedback, staff availability, student demand or updates to our curriculum. We’ll make sure to let you know of any material changes to modules at the earliest opportunity.