OBJECTIVE:This course earnestly attempts to present the various aspects of entrepreneurship and what a prospective entrepeneurship and what a prospective entepeneur must know before embarking on an industrial,business venture.
Meaning,importance,benefits of entrepreneurship-characteristics,factors of Entrepreneurship-Barriers of entrepreneurship-Difference between entrepreneurship and management-Evolution of the concept of Entrepreneur-Differencve between enterpreneur and entrepreneur.Motivational aspects of entrepreneur (McClelland'theory).
Meaning,classification of projects-Factors involved in project identification,selection-significance,contents,formulation of a project report-specimen of a project report-planning commision's guidelines for formulating a project-Basics of capital budgeting-Pay back period,Net present value,Internal Rate of Return.
Cost of capital-importance of a capital-Basic concepts,rational assumptions-cost of debt,reference,equity capital-suorce of finance-internal, external sources-institutional finance to entrepreneurs and institutional support to entreprneurs.
Concept project appraisal-Methods of project appraisal,Economic analysis,Financial analysis,Market analysis Technical feasibility and Managerial competence(Assesment of working and fixed capital Govt. Policies, qualitative methods of market analysis,Life cycle segmentation).
Ownershoip structures-sole trader,patnership(Partnership deed) types of partnership-Joint stock companies-Difference between private and a public company-Adavantage and disadvantages of the ownership structures-Distinction between MDP and EDP-Training mehtods and Role playing(Games).
