DESCRIPTION OF COURSE UNIT


1.

Code

Course unit title

Title of the degree programme

LLL17B000604

Entrepreneurship and Self-Employment

Elective subject


2.

Name of lecturer(s)

Departament(s)

Coordinator: Prof. Dr. Rimvydas Jasinavičius (rimjas@mail.lt)

a. o: Dr. Vytautas Azbainis, Prof. Dr. Irmantas Rotomskis

Department of Banking and Investments, Institute of Economics and Business


3.

Cycle of course unit

Level of course unit

Type of course unit

First

Primary

Optional


4.

Mode of delivery

Year of study and semester when the course unit is delivered

Language of instruction

Auditorial

1 semester

Lithuanian


5.

Study requirements

Prerequisites:

Co-requisites:

Work placement(s):

Not applicable

Not applicable

Not applicable


7.

Number of ECTS credits allocated

Student's workload

Contact work hours and planned learning activities

Independent work hours

6

162

66

96


8.

Purpose of the course unit

To acquaint students with the entrepreneurial essence and underline its benefits in personal and public life. To reveal the full entrepreneurial structure’s ability, its forms of education and means to provide knowledge on modern capital concepts and its effective management techniques. To reveal the capacity to identify opportunities and measures to adapt obtained theoretical knowledge in practical increase of income and capital. To encourage students in developing their own entrepreneurial skills and career plan with the opportunity to create job units for themselves and public

Learning outcomes of the course unit

Teaching and learning methods

Assessment methods

D1: meta-study: continuous studies and mental growth, depending on acquired knowledge and experience

Lectures

Presentation of individual work tasks during the seminars

Access to legal forms of business organization, the legal regulation of establishing and operating procedures

Lectures.

Case studies during the seminars

Be able to formulate new business ideas individually, make proper decisions and support their innovations

Lectures

Presentation of individual work tasks during the seminars

D1: meta-study: continuous studies and mental growth, depending on acquired knowledge and experience

Lectures

Presentation of individual work tasks during the seminars

Access to legal forms of business organization, the legal regulation of establishing and operating procedures

Lectures.

Case studies during the seminars

Be able to formulate new business ideas individually, make proper decisions and support their innovations

Lectures

Presentation of individual work tasks during the seminars


9.

Course contens

Topics

Contact work hours and planned learning activities

Independent work hours and tasks

Tasks

1.1. Labor essence, purpose, mission and values. Labor costs, revenues, value added.

2

2

2

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.2. Value of Labor; Interface analysis of Labor income and payroll.

2

2

4

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.3. Essence of Entrepreneurship. Its benefits in personal and public life. Structure of Entrepreneurial skills.

2

2

2

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.4. Entrepreneurial skills matrix and training forms analysis..

2

2

4

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.5. Personality development and career planning benefits and features.

2

2

2

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.6. Methods and evaluation of personal training (education) from perspective of investment activities.

2

2

4

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.7. Capital, its forms and uses of wealth enhancement.

2

2

2

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.8. Capital formation, management and enhancement features.

2

2

4

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.9. Modern business objectives, categories, mission and value in human life.

2

2

2

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.10. Business forms, fields and variety of opportunities.

2

2

4

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.11. Influence of Capital use in the business performance and value-added generation.

2

2

2

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.12. Material and intellectual capital measurements and accounting features

2

2

4

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.13. Professional value and uniqueness. Their value for professional career.

2

2

2

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.14. Professional expression and economic performance correlation analysis.

2

2

4

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.15. Business Operational efficiencies with TOC methods (the most effective tool to enhance the competitiveness).

2

2

2

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

1.16. Operational efficiency. Its motivation for improving analysis.

2

2

4

Preparation of scenarios on individual career growth and improvement of personal life quality issues.

2. Features of the development of business idea:
2.1. The benefits of developing business ideas. The importance of creativity in the development process

2

2

2

Development of business idea and creation of implementation plan

2.2. The development process of the business ideas, search and formation of possibilities, generation of new ideas

2

2

4

Development of business idea and creation of implementation plan

2.3. Evaluation and selection of business ideas. Implementation plan of business ideas.

2

2

2

Development of business idea and creation of implementation plan

2.4. Thinking workout, maturation of criteria, increasing the probability of successful implementation, planning of guidelines.

2

2

4

Development of business idea and creation of implementation plan

3. Features of business organization:
3.1. Analysis of the initial stages of business organization, the development of the business plan.

2

2

2

Identification of business problems, decision and business plan development

3.2. Business management, marketing, production, analysis of finance and prospective.

2

2

4

Identification of business problems, decision and business plan development

3.3. Problem solving of business organization, professional help option of business development.

2

2

2

Identification of business problems, decision and business plan development

3.4. Problem solving of business organization and features of business plan

2

2

4

Identification of business problems, decision and business plan development

4. Labor and Entrepreneurship legal features:
4.1. Employment diversity and its legal aspects. Different forms of selection criteria. Its advantages and disadvantages.

2

2

4

6

Analysis of financial benefits of self-employment compared to provided employment.

4.2. Taxation of employement as a whole.

2

2

4

6

Analysis of financial benefits of self-employment compared to provided employment.

5. Use of Information and communication technology (ICT) in labor and entrepreneurial activities for enhancement of efficiency:
5.1. E. business, e. commerce, e. marketing, e. commerce, e. payments. New opportunities for business.

2

2

4

6

Analysis of customers and business needs.

5.2. Data and knowledge bases for public sector and business and financial institutions, Methods, techniques and opportunities.

2

2

4

6

Analysis of customers and business needs.

6. Written exam (test)

2

2

Overall

32

34

66

 

96

 


10.

Assessment strategy

Weighting percentage

Period or date of assessment

Assessment criteria

Report on individually implemented qualitative research

30

Whole semester; During seminars;

Individualy conducted task; Preparation of scenarios on individual career growth and improvement of personal life quality issues.

Participation in debates

20

Whole semester; During seminars;

Participation in seminars on “Labour and entrepreneurial economic and financial characteristics".

Examination

50

Appointed date;

The test consists of 20 closed-ended questions, each estimated at 0,5 score. Test results measured as follows: 10: 19-20 questions answered correctly; 9: 17-18 questions answered correctly; 8: 15-16 questions answered correctly; 7: 13-14 questions answered correctly; 6: 11-12 questions answered correctly; 5: 9-10 questions answered correctly; 4: 7-8 questions answered correctly; 3: 5-6 questions answered correctly; 2: 3-4 questions answered correctly; 0-1: 0-3 questions answered correctly.