EBM660 - Venture Practicum

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Last revision date Feb 19, 2015 4:45:08 PM
Last review date Feb 19, 2015 4:45:08 PM

Subject Title
Venture Practicum

Subject Description
In this capstone course, each student or team will gain practical experience as an entrepreneur of their own venture or under the direction of another entrepreneur.  Possible ventures include a new startup, a short-term venture, a Green initiative, or an opportunity within an existing small medium enterprise (SME), family business, or social enterprise. A component of this will involve managing a project in consultation with a Board of Advisors.

Credit Status
One credit.

Note: This is a required credit course for the Entrepreneurial and Small Business Management Specialization and a professional option for the other business specializations within the Business Administration Diploma.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

  1. Identify and evaluate venture opportunities worth involvement. In doing so, students will secure a venture practicum opportunity for the semester. The venture may be a new business startup, a short-term venture (the $100 challenge, a Green initiative or a SIFE program), or an opportunity within an existing SME, family business, or social enterprise.
  2. Clarify the roles, goals and responsibilities of you and others in the practicum in written format.
  3. Manage a project addressing an opportunity, problem or need. In doing so, the student will:
    • establish a Board of Advisors including the professor, class peers and an entrepreneur or other industry professional;
    • determine goals for the project;
    • plan the tasks, two-methods materials, budget, and action plan (steps, timelines and member responsibilities) for the project;
    • incorporate sustainability and Green business practices into the project;
    • execute the plan; and
    • present in written and verbal form, interim reports and a final report on the achievements realized and challenges encountered.
  4. Responsibly fulfill a variety of roles, as directed and needed of someone in a small business, social enterprise or entrepreneurial venture. This involves evidence of a positive attitude throughout, whether shadowing, completing routine tasks, researching, creating materials, or managing the project.
  5. Perform effectively as an advisor to other students on their venture practicum.
  6. Respond appropriately and professionally to feedback from advisors.
  7. Apply time management and organizational skills throughout the practicum.

Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

Respond to written, spoken, or visual messages in a manner that ensures effective communication.

Apply a systematic approach to solve problems.

Use a variety of thinking skills to anticipate and solve problems.

Show respect for diverse opinions, values, belief systems, and contributions of others.

Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals.

Manage the use of time and other resources to complete projects.

Take responsibility for one's own actions, decisions, and consequences.

Cheating and Plagiarism
Each student should be aware of the College's policy regarding Cheating and Plagiarism. Seneca's Academic Policy will be strictly enforced.

To support academic honesty at Seneca College, all work submitted by students may be reviewed for authenticity and originality, utilizing software tools and third party services. Please visit the Academic Honesty site on http://library.senecacollege.ca for further information regarding cheating and plagiarism policies and procedures.

All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecacollege.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Disabilities Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.