The unit will prepare students for starting and running a small IT business. It will enable students to research and develop a new IT business proposal. The students will role-play four forms of business ownership: sole proprietorship, partnership, corporation and trusts. The unit provides the opportunity for them to have a broad and coherent body of knowledge, including the types of IT-related businesses; business plan development; business functions: marketing, location, operations, staffing, accounting; government assistance;  e-business; home-based business; taxation; borrowing; franchising; social, environmental and ethical considerations.

Unit details

Study level:
Undergraduate
Credit points:
12
Unit code:
NIT3274

Prerequisites

NIT2171 - Introduction to ICT Management or

NIT2271 - ICT Change Management

Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Distinguish the various forms of ownership of small businesses, including IT businesses;  
  2. Evaluate various IT business opportunities;  
  3. Compose a proposal for starting and running a business; and  
  4. Evaluate sources of finance for starting and running the business.  

Assessment

Melbourne campuses

Students studying under the VU Block Model.

Assessment type Description Grade
Test Tests (2) (20% each) 40%
Assignment Part A: Business Proposal (30%) Part B: Implementation (30%) 60%

Other locations

Assessment type Description Grade
Test Test (1 hour) 10%
Report Team Project: Business Website Development 40%
Examination Final Examination (3 hours) 50%

Where to next?

As part of a course

You can choose to study this unit as part of the following courses. Refer to the course page for information on how to structure your course to include this unit.

Study a single unit

This unit can be studied on its own, without enrolling in a full degree. Learn more about single units of study at VU.

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