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BITM IT Entrepreneurship and Management

bitmsemester 8

IT Entrepreneurship and Management

Subject Code: IT248

Course Title: IT Entrepreneurship and Management

Course No: IT248

Nature of Course: Theory & Practical

Full Marks: 60

Pass Marks: 30

Credit Hours: 3

Course Description

This course is structured for a BIM program and focuses on the fundamentals of entrepreneurship, including idea generation, market research, business model development, and financial management. The course will also cover legal and regulatory considerations, marketing strategies, leadership, and corporate social responsibility.

Course Objective

The main objective of this course is to equip students with the knowledge and skills necessary to launch and manage successful IT-based startups. Through real-world case studies and experiential learning projects, students will gain practical insights into the challenges and opportunities in the ICT sector.

Course Contents

Course Contents Teaching Methodology Teaching Hours
Unit 1: Foundations of Entrepreneurship (6 Hrs.)
Definition and Importance of Entrepreneurship Types of Entrepreneurs Lecture
Key Characters of Successful Entrepreneurs
Entrepreneurship Ecosystem
Role of ICT in Entrepreneurship
Case Study: Success story of e-Sewa or Khalti and its impact on fintech industries.
Unit 2: Idea Generation and Market Research (10 Hrs.)
Techniques for Creative Thinking Lecture
Market Needs Identification
Evaluating Business Ideas
Current Technology Trend Analysis
Prototyping Development
Defining Target Markets
Competitor Analysis Tools
Consumer Behavior Insight
Case Study: Pathao (Nepal) ride share services market entry strategies and adaptations
Unit 3: Business Model Development Crafting a Business Plan (10 Hrs.)
Business Model Canvas Framework Lecture
Identifying Revenue Sources
Cost Structure Analysis
Sustainability Business Models
Essential Elements of a Business Plan
Financial Projections Development
Marketing Strategy Formulation
Operational Planning Essentials
Risk Management Strategies
Case Study: Business plans from emerging Nepali tech startups.
Unit 4: Legal and Regulatory Framework (6 Hrs.)
Concept of Nepali Business Laws for startups Lecture
Intellectual Property Rights (IPR)
Licensing and Permits Required for Startups
Taxation Basics for Businesses
Compliance with Labor Laws
Case Study: Legal challenges faced by Nepali startups in the IT sector.
Unit 5: Financial Management and Marketing Strategies for Startups (10 Hrs.)
Funding Sources for Startups Lecture
Budgeting Techniques for New Ventures
Cash Flow Management Essentials
Financial Reporting Requirements
Developing a Marketing Strategy
Digital Marketing Techniques
Sales Techniques for Startups
Customer Relationship Management (CRM)
Brand Building Essentials
Case Study: The marketing strategies that propelled MakeMyTrip's growth.
Unit 6: Leadership and Corporate Social Responsibility (6 Hrs.)
Leadership Styles in Entrepreneurship Lecture
Building Effective Teams
Conflict Resolution Techniques
Motivating Employees in Startups
Networking Skills for Entrepreneurs
Corporate Social Responsibility (CSR)
Sustainability Practices for Startups
Ethical Marketing Strategies
Case Study: Tata Group’s CSR initiatives in India and their impact on society.

Text Books

1. Feld, B., & Mendelson, J. (2012). Venture deals: Be smarter than your lawyer and venture capitalist. Wiley.
2. Horowitz, B. (2014). The hard thing about hard things: Building a business when there are no easy answers. Harper Business.
3. Kawasaki, G. (2015). The art of the start 2.0: The time-tested, battle-hardened guide for anyone starting anything (Rev. & expanded ed.). Portfolio/Penguin.
4. Kuratko, D. F. (2023). Entrepreneurship: Theory, process, practice (12th ed.). Cengage Learning.
5. Ries, E. (2011). The lean startup: How today’s entrepreneurs use continuous innovation to create radically successful businesses. Crown Business.
6. Thiel, P. (2014). Zero to one: Notes on startups, or how to build the future. Crown Business.