The South African economy is characterised by both high levels of unemployment, and severe shortages of certain skills demanded in the economy. Critical shortages exist across the high and semi-skilled spectrum, ranging from managers and professionals to artisans and technically trained workers. The South African government has identified these shortages as one of the binding constraints to achieving higher and shared economic growth in the country. Management is a multidisciplinary discipline made up of several areas of specialization. The specialisations are: business administration, marketing and retailing, public relations, operations management, business law and human resource management. The Diploma in Management Sciences aims to prepare students with a theoretical and practical basis so that the various management functions can be effectively and efficiently performed. The aim of this first year module is to introduce students to the concept of entrepreneurship and what it takes to start their own business. Learning outcomes and assessment criteria Broadly understand the concept of entrepreneurship Manage their own business effectively Understand what it takes to start a new business, including the basics of finance, marketing and management for a new and growing business Apply the skills required in starting and managing their own business Learning, teaching and assessment strategies Delivery of the subject The credit value of the subject and the equivalent notional hours of study, represent the notional hours as: Learning activity % learning time Lectures 50% Independent study 10% Field work 40% Assessment Does assessment include a final examination? no If NO, indicate how the final mark will be calculated and how assessment/s will be moderated Written report (50%) + Presentations (50%) = final Mark (100%) Feedback will be given to students on their performance using comments on scripts, class discussions, marking rubrics, study guides. Activities to promote learning No additional resources will be used in most modules except the prescribed and recommended materials. However Case Study DVD’s; CD’s, guest lecturers, field trips are adopted. Library orientation A compulsory library orientation is offered to all first level learners. The students are orientated with regards the library environment, subject
APPENDIX 1 TABLE 1 Learning outcomes Assessment criteria Assessment methods Broadly understand the concept of entrepreneurship Manage their own business effectively Understand what it takes to start a new business, including the basics of finance, marketing and management for a new and growing business Apply the skills required in starting and managing their own business Broadly understand the concept of entrepreneurship Manage their own business effectively Understand what it takes to start a new business, including the basics of finance, marketing and management for a new and growing business Apply the skills required in starting and managing their own business Various assessment methods are adopted within the programme inter alia: projects, tests, assignments, seminar presentations, debates, role plays, report writing, case studies.