Subject: FT - 401C ENTREPRENEURSHIP

Course Objectives:

The objective of this course is to help students to learn and to acquaint themselves with all the facets of Entrepreneurship.

Examination Scheme

The faculty member will award internal marks out of 40 based on three assessments of 20 marks each of which best 2 will be considered. The end semester examination will be worth 60 marks having theory & cases/practical problems.

Course Contents:

1. Entrepreneur: Concept, Nature, Definition, Characteristics, Functions, Kinds, Role, Difference between Entrepreneur and Manager.
2. Entrepreneurship: Concept, Nature, Definition, Characteristics, Importance, Role of Entrepreneurship in development of economy, ethical dimensions.
3. Theories of Entrepreneurship: Innovative theory, Theory of social change, Theory of model personality, Theory of Social Behaviour.
4. Entrepreneurial environment: Political, Economical, Technical, Social, Cultural, and International.
5. Entrepreneurship Strategies and Policies: Need & types of business strategies, Concept of Entrepreneurial Strategies, Need for effective Entrepreneurial Policy.
6. Project Identification and Formulation: Criteria for selecting a particular project, scanning of business environment and Identifying projects, steps in project formulation and project evaluation (organizational aspects, commercial aspects and legal aspects).
7. Preparation of Business Plan/Project Report: Significant Contents, formulation planning commission guidelines for formulating the project report and common errors in project formulation.
8. Institutional Finance to Entrepreneurs: Commercial banks, Financing institutions (IDBI, IFCI, ICICI, IRBI, LIC, UTI, SFC, SIDC, SIDBI and EXIM Bank).
9. Choice of Organization: Sole Proprietorship, Partnership, Joint Stock Co., Co-Operative.
   

Text Readings:

1. David H. Holt Entrepreneurship: New Venture Creation, PHI
2. Mary Coulter Entrepreneurship in Action, PHI
3. B.K. Mohanty Fundamentals of Entrepreneurship, PHI