Model Curriculum Plan for basic entrepreneurial activity

SECTOR: Management, Entrepreneurship and Professional Skills

NOS CODE: MEP/N9996 v1.0 NSQF LEVEL: 3

Plan for basic entrepreneurial activity

Plan for basic entrepreneurial activity

TABLE OF CONTENTS

1. Curriculum 01 2. Trainer Prerequisites 04 3. Annexure: Assessment Criteria 05

Plan for basic entrepreneurial activity

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Plan for basic entrepreneurial activity CURRICULUM / SYLLABUS

This program is aimed at training candidates on the National Occupation Standard “Plan for basic entrepreneurial activity”, in the “Management, Entrepreneurship and Professional Skills” Sector/Industry and aims at building the following key competencies amongst the learner.

NOS Name Plan for basic entrepreneurial activity

NOS Code MEP/N9996, v1.0

Version No. 1.0 Version Update Date 04/09/2018

Pre-requisites to Training No formal education

Training Outcomes

After completing this programme, participants will be able to: • Identify the various types of entrepreneurship and businesses• Differentiate between self-employment and entrepreneurship• Identify entrepreneurial opportunities• Formulate a basic business plan using the 4Ps of Marketing- Product,

Price, Place and Promotion• Formulate target customer experience for the selected business

opportunity• Identify suitable sources of funding such as formal schemes, loans,

personal borrowings, etc. for the selected business opportunity• Analyze the resources needed for the implementation of the business plan

by using techniques of risk analysis and mitigation• Identify skills and abilities to be an entrepreneur

Plan for basic entrepreneurial activity

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Sr. No. Module Key Learning Outcomes Equipment

Required 1 Introduction to

Entrepreneurship

Theory Duration (hh:mm) (00:45)

Practical Duration (hh:mm) (00:45)

• Define the concept of entrepreneurship• List the roles and responsibilities of an

entrepreneur• State the advantages of

Entrepreneurship• Describe the types of entrepreneurship

and enterprises• Identify key entrepreneurial skills and

attitudes

Training Kit (PowerPoint, Trainer Guide) Computer systems

2 Identification and Assessment of Entrepreneurial Opportunity

Theory Duration (hh:mm) (00:45)

Practical Duration (hh:mm) (01:00)

• Differentiate between self- employmentand entrepreneurship

• Identify relevant opportunities forsetting up a business

• Follow the steps for identifyingopportunities for potential business

• Explain the concept of competitionanalysis

• Apply the principles of competitionanalysis for assessing opportunities forpotential business

• Select the most suitable businessopportunity by applying the principles ofcompetition analysis

Training Kit (PowerPoint, Trainer Guide) Computer systems

3 Undertaking Business Planning Activities

Theory Duration (hh:mm) (05:00)

Practical Duration (hh:mm) (08:45)

• Describe the 4Ps of Marketing-Product, Price, Place and Promotion

• Apply the 4Ps of Marketing to theselected business opportunity

• Create a resource plan such as humanresources, raw material, machinery,equipment, tools, etc. for the selectedbusiness opportunity

• Differentiate between fixed and variablecosts

• Explain the basic process of accounting• Recognize basic financial documents

such as P&L statement, Balance Sheet,etc.

• Explain the concept of working capital• Define customer base for the selected

business opportunity• Identify the key value proposition for

the selected customer base• Formulate target customer experience

for the selected customer base• Identify the principles governing

Customer Relationship Managementfor the selected customer base

Training Kit (PowerPoint, Trainer Guide) Computer systems

Plan for basic entrepreneurial activity

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Sr. No. Module Key Learning Outcomes Equipment

Required • Describe the elements of a good

business plan• Create a basic business plan by using

the 4Ps of Marketing, resource plan,cost and accounting principles, andPrinciples of Customer RelationshipManagement

• Evaluate one’s business plan to assessits viability

• Identify business risks• Follow the steps needed to mitigate

business risks• Apply risk mitigation strategies to

minimize risks in one’s business plan• Identify sources of funding such as

formal schemes, loans, personalborrowings, etc. for the selectedbusiness opportunity using research

• Identify the regulatory, statutory andother rules and guidelines that apply tothe selected business opportunity

4 Identify Entrepreneurial Skills and Abilities

Theory Duration (hh:mm) (01:00)

Practical Duration (hh:mm) (02:00)

• Analyze success and failure stories ofother entrepreneurs to imbibe lessonsfor one’s self development

• Compare the key skills involved in thesuccesses and failures of theseentrepreneurs

• Identify the skill gaps in the failurestories of other entrepreneurs

• Rate one’s entrepreneurial skills afteranalyzing one’s skills that are relevantfor entrepreneurship

• Identify avenues for the development ofentrepreneurial skills and knowledge

Training Kit (PowerPoint, Trainer Guide) Computer systems

Total Duration 20:00

Theory Duration 07:30

Practical Duration 12:30

Unique Equipment Required: Computer systems

(This syllabus/ curriculum has been approved by Management, Entrepreneurship and Professional Skills Council)

Plan for basic entrepreneurial activity

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Trainer Prerequisites for NOS: “ Plan for basic entrepreneurial activity” MEP/N9996

Sr. No. Area Details 1 Description The trainer is required to deliver the program on “Plan for basic

entrepreneurial activity” MEP/N9996 v1.0 2 Personal

Attributes Detail oriented, Expertise on the subject

3 Minimum Educational Qualifications

Graduate in any discipline

4a Domain Certification

Certified for NOS: “Plan for basic entrepreneurial activity” MEP/N9996. Minimum accepted score is 80%

4b Platform Certification

Recommended that the Trainer is certified for the Job Role: “Trainer”, mapped to the Qualification Pack: “MEP/Q0102”. Minimum accepted as per respective SSC guidelines is 80%.

5 Experience 3-5 years of experience

Plan for basic entrepreneurial activity

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Annexure: Assessment Criteria

Criteria for Assessment of Trainees

Compulsory NOS

Marks Allocation Total Marks: 100 Assessment outcomes Assessment Criteria for outcomes

Total Marks Out of Theory

Skills Practical

MEP/N9996 Plan for basic entrepreneurial activity

PC1.identify different types of Entrepreneurship and Enterprises 100 5 2 3

PC2.use various techniques and approaches to discover opportunities for potential business

6 3 3

PC3.develop and assess ideas and opportunities for potential viable business, suited to own capabilities

10 4 6

PC4.undertake competition analysis to assess business opportunities 10 4 6

PC5.create a basic, rudimentary business plan involving 4 Ps of marketing - product, price, place, & promotion

10 4 6

PC6.identify various schemes available for supporting the business and include in the basic business plan

10 4 6

PC7.research and identify sources of funding and include in the basic business plan

10 4 6

PC8. identify risks related to the business and develop plans to minimize risk

10 4 6

PC09.identify regulatory/statutory and other rules or guidelines applicable to proposed line of business and include in the basic business plan

6 2 4

PC10.develop a resource plan for the business and costs the same 6 2 4

PC11.define customer base, key value proposition and targeted customer experience

6 2 4

PC12.use success and failure stories of other Entrepreneurs and ventures to extract relevant lessons for self-development as an Entrepreneur

3 1 2

PC13.identify avenues for relevant skills and knowledge development for oneself in preparation for entrepreneurial activity

4 2 2

Plan for basic entrepreneurial activity

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PC14.identify personnel who can support own development, by providing guidance and feedback

4 2 2

Total 100 40 60

Plan for basic entrepreneurial activity