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MAN 633 Entrepreneurial Spirit (Fall 2019)

MAN 633 Entrepreneurial Spirit (Fall 2019)

 

Making Things Happen 

 

Course Outline

This course is about making things happen!

You do not think inside the box and love working on challenging projects? Next to studying, you are eager to apply your knowledge in the real world and learn from startup teams on the project? You like new ideas and love their execution? You want to dive deeper into the anatomy of business models and get the unit economics right? Then you should opt for Entrepreneurial Spirit. The course is our format to foster startup growth, entrepreneurial culture, and to advance the startup ecosystem at and around the University of Mannheim. With their expertise, the students support the startups in improving their products, services, and business models and help them to be more competitive. We will work with real companies in this course and you will actively contribute to their well-being. Thus, high dedication, willingness to take over responsibilities, and professionalism are a prerequisite. There are two tracks in MAN 633: One for students who have no startup project yet and one for students (individual or founding team) who work on their own advanced startup project.

MAN 633 helps advance startups in our network by sending students teams as a task force (Inside the Venture Track) but also helps students with an advanced startup idea to reach their next milestones and gain support in a course format (Own Venture Track). For both tracks, the course starts with an initial Kick-off day (1 day). The Kick-off Session is the same for both tracks and provides hands-on tools to assess, structure, and solve startup challenges. Following this Kick-off, the students form interdisciplinary teams of 3-5 and solve challenges in real ventures. Experienced MCEI coaches will work closely with the student consulting teams to make sure that they are on track to maximize their learning experience while simultaneously permitting the teams to have as much fun as possible. The exam (30 min.) is based on "Ash Maurya (2016). Scaling Lean: Mastering the Key Metrics for Startup Growth" and will follow about 3 to 4 weeks after the Kick-off session.

 

Inside the Venture Track (for students with no own startup)

Offers students who have no own startup but want to experience the startup world an excellent opportunity to work at eye-level with an experienced real-world startup team. The concept: Solving challenges of young companies with student approaches and on-site by student teams. Assisted by an experienced MCEI coach, the students carry out joint projects with the startup after a needs analysis. The startups are recruited via our extensive MCEI network.

A selection of startups which will be offering Inside the Venture Track project opportunities (more to follow):

 

Own Venture Track (for students who already work on their advanced startup project)

Further advance your own startup in class. Your performance appraisal will be according to milestones set at the beginning of class and you will receive continuous counseling by MCEI coaches. MAN 633 offers you the opportunity to recruit a student team from class to work on your startup’s challenges during the course just like in our “client companies” in the Inside the Venture Track. Please approach the instructors upon course registration to sort out whether your startup project is eligible for the Own Venture Track. This offer is for advanced startup projects only – you can start greenfield (i.e., at idea stage) in MAN 631 (Fall 2019).

The direct integration of the students into the startups within the framework of the course enables a joint action-oriented learning experience on both sides. In addition, we strengthen the startup community, promote startup companies as well as potential startups, integrate startups directly into the university's offerings and support the transfer of knowledge and technology between the university and the economy.

What you can expect from us is dedicated and continuous feedback to advance your projects, intros to MCEI partners who can help you grow, and a fun and rewarding atmosphere in class and on our joint entrepreneurial journey. Do not miss out on our Startup Lounges and Founder Talks throughout the semester to maximize your startup experience. 

 

Learning Outcomes

By the end of this course students

  • have learned tools to analyze and develop business models and how to tweak them towards growth
  • are able to solve real-life challenges in new ventures in a project format
  • have learned first-hand what it is like to work in a startup by gaining real startup experience
  • have acquired managerial skills and gained familiarity with problem solving in practice
  • have a solid foundation for, e.g., a seminar or master thesis at our chair - especially theses "Inside the Venture"
  • have improved their team work, presentation and consulting skills
  • in total: Real life challenges, learnings for life

 

Registration and Final Course Decision

Please register via the Student Portal prior to Kick-off. We highly appreciate diversity of all kind - including disciplines! Please send us an e-mail upfront to make sure that your potential MAN 633 Own Venture Track project qualifies - otherwise MAN 631 (Fall 2019) might be a better class for you to join. Inside the Venture Track project candidates do not need to contact us via e-mail. Kick-off participation (full day) is absolutely mandatory. No exceptions granted! Not participating at the Kick-off leads to immediate de-registration. 

There is no way to participate in MAN 633 when you do not attend the Kick-off Meeting! As a Inside the Venture Track team, letting your team down along the way (i.e., dropping out) will lead to failing this class. Course choices are final after Session 1. Own Venture Track students who do not want to take the class for credit should announce this prior to the initial theory exam. You can also participate to receive an MCEI certificate instead of a grade as an Own Venture Track student or team. 

We are looking forward to seeing you in class!

 

Place and Time

Check the schedule for detailed information.

 

Assessment

Inside the Venture Track

  • Exam (20%) (individual)
  • Mid-term client presentation (20%) (team)
  • Final client presentation (20%) (team)
  • Final report (40%) (team) 

Own Venture Track

  • Exam (20%) (individual)
  • Mid-term own startup presentation (20%) (team)
  • Final own startup presentation (20%) (team)
  • Final business plan/report and continuous assessment (40%) (team) [2 performance appraisals along the way (status updates) of 5% each + 30% final documentation]

 

Persons in Charge

Lecturers: This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it.

Startup Consultant: This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it.

Professor: Prof. Dr Michael Woywode

 

Course Load and Language

ECTS: 6

Language: English

 

Readings and Resources

Required Readings:

  • Ash Maurya (2016). Scaling Lean: Mastering the Key Metrics for Startup Growth

Course Materials All course material (where applicable) will be provided via the MCEI Group 'MAN 633 Entrepreneurial Spirit (Fall 2019)'. We will not use ILIAS at any point in this class. Please do not be irritated by the ILIAS option not being available

 

Additional Information

Please note: We will be taking pictures in some of the sessions of the course for documentation and marketing measures in the context of future courses and our MCEI formats. You will be asked to sign a relief form during the first session. If you do not want to sign the relief form, we kindly ask you to stay out of the camara focus. We will annouce, when we are taking pictures. 

 

Preliminary Schedule (Fall 2019). Please check back for updates.


September 7 | L9 1-2, 001 | 10am - 6pm

Kick-off Session 
The day is an intensive workshop for all students of the course. Partner startups offering projects for the Inside the Venture Track will pitch potential projects. Own Venture Track students will also pitch their startups with the opportunity to scout Inside the Venture Track students for their projects as well. We will also cover all the course content in lecture-style. Note: Attendance required to participate in MAN 633 - no exceptions being made.

 


September 10 (optional) | Café L3 | 7:30pm - 10pm

Startup Lounge
Get-together in the context of the Startup Lounge #66. Great opportunity to meet us, the students of your sister course MAN 631, and get your first access to our local startup ecosystem with an inspiring startup talk. Some drinks will be provided :)

 


October 2 | L9 1-2, 004 | 7:30pm - 8pm

Exam
The short exam will cover the content of the lecture and the logic behind Ash Maurya's Scaling Lean book. 

 


October 16 | L9 1-2, 210 | 3pm - 8pm

Status Update (Own Venture Track only)
You will give us a short update about your progess so far. It is also an opportunity for you to practice and get feedback which you should incorporate until the mid-term pitch presentation. Only Own Venture Track students are required to attend this meeting. 

  


October 30 | Café L3 | 7:30pm

Mid-Term Presentations
Own Venture Track projects will pitch live in front of the whole course in a real pitch setting and get feedback from us and the other students. Inside the Venture Track students are also required to join the pitches but we will find an individual date around that time with your client startup and team for your mid-term presentations. 

 


November 20 | L9 1-2, 210 | 3pm - 8pm

Status Update (Own Venture Track only)
You will give us a short update about your progess so far. It is also an opportunity for you to practice and get feedback which you should incorporate until the mid-term pitch presentation. Only Own Venture Track students are required to attend this meeting. 

 


December 3 | L9 1-2, 001 and Café L3 | 5pm - 10pm 

Final Pitches
Own Venture Track projects will pitch live in front of an expert jury. Afterwards we will have the final ceremony and celebrate in the context of the Startup Lounge Special. Inside the Venture Track students are also required to join the pitches but we will find an individual date around that time with your client startup and team for your final presentations. 

 


December 20 | 11:59pm

Your written documentation is due. Please hand in your report via email to the course instructors on time. No exceptions will be made!

 


 

 

Contact

E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

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Sponsors

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  • Institut für Mittelstandsforschung
  • Gründerverbund
  • ESF
  • Europäische Union
  • Baden-Württemberg - Ministerium für Finanzen und Wirtschaft
  • Absolventum