Master Electives

Choose from a variety of mscba electives that further build your entrepreneurial competencies. in some master electives, you work together with engineering students from the delft university of technology to co-develop a business plan on the basis of a recently patented technology. 

NEW BUSINESS DEVELOPMENT 

This course provides advanced master students with a practical, yet rigorous understanding of the role, the analytics, and the process of business planning that leads to the successful creation of new business for established firms. Students will learn how to engage in feasibility analysis, business modelling, marketing, financial planning, and in organizational implementation. In previous years, students developed actionable new business plans for - and in close collaboration with - a variety of firms, including Philips, Heijmans, TNO, Airborne, StudentEvents, Ubiqu, Synthesis, Surefas, and numerous other multinationals and SMEs. 

NEW VENTURE PLANNING  

The objective of this course is to provide students with a profound understanding on the process of business design and planning that leads to the successful creation of new ventures. During the course, students will develop a plan for a new enterprise: from idea generation, to feasibility analysis, to a fully conceived report. They work out the financing of the start-up (where to go for seed and growth capital, e.g. bootstrapping, bank loans and venture capital), and design the actual production or delivery of the product/service (e.g. intellectual protection, business/value system, revenue model, etc.). Also, the positioning of the new product/service and business in the market pace (addressing the relevance of substitution, competitors, pricing, customer need, etc.) is an issue that students will address in the business plan.

NEW VENTURE CREATION

This course provides advanced master students with a practical, yet rigorous understanding of the role, the analytics, and the process of business planning that leads to the successful creation of new ventures. Students will learn how to rigorously engage in opportunity definition and refinement, business modelling, feasibility analysis, marketing, financial planning, and in organizational implementation.

ENTREPRENEURIAL FINANCE & PRIVATE EQUITY 

Entrepreneurship concerns the undertaking of new business ventures. The financial issues confronting entrepreneurial firms are fundamentally different from those facing established companies. The focus of this elective is on analysing the unique financial issues relating to entrepreneurial firms and developing a set of skills that has wide applications for such situations. Specific topics will include: start-up ventures; financial management of rapidly growing firms; deal structuring; valuation; initial public offerings; the decision to harvest; and leverage/management buyouts.

INNOVATIVE ENTREPRENEURSHIP 

In this elective you will look into what makes innovative entrepreneurs more creative than other entrepreneurs or managers, and how they succeed in bringing new ideas in the marketplace. The focus is on entrepreneurs that build their companies around groundbreaking ideas or incremental innovations that have the potential to disrupt existing markets. Rarely they are ‘heroic geniuses or ‘lonely inventors’, yet they apply principles and skills that differ from others. Entrepreneurs need to recognize market opportunities for new technologies and to mobilize resources to develop or apply this technology. By understanding how entrepreneurs systematically engage in the ‘practice of innovation’ you can learn to become more innovative yourself.

GETTING THINGS DONE WITHOUT RESOURCES: BOOTSTRAPPING THEORY AND PRACTICE 

This course is for (future) entrepreneurs and small business managers who already have a passionate idea for a project, a rough plan for a new venture or an existing business but who find themselves with a lack of cash, knowledge and/or contacts. These shortages may emanate from entrepreneurs and managers falling short of experience, business know-how or new venture creation in general. On the basis of proven theories and relevant research, this course will offer you practical and workable tips that require little or no money and where and how to get free help, advice, and consulting, to help you to make your project/venture succeed and to build your business effectively. It will offer ideas on how to operate efficiently and how to get things done with no, or minimal, cash outlays as well as ideas on minimising risk and staging risk.