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OC30208 Entrepreneurial Skills

Supplementary Subject Learning Area of Occupation

Level: M. 6 Semester 2 60 periods: 1.5 credis

The learning area of this course target the following topics: Financial Management and Practicum
covering many sectors, so as to prepare the students for GPAT, Entrepreneurship and Small Business
Certification (ESBC) examination, on top of university entrance examinations, and future enterprise(s). The
course validates the students with the skills and knowledge for working in a middle-skill trade profession as
their own boss and those with entrepreneurship and small business career aspirations, with understanding
of core business principles, including the essentials of launching and maintaining a successful company,
ensuring tomorrow’s leaders are prepared with the toolkit they need to get ahead in today’s competitive
landscape, and developing their thinking skills towards Innovative Education and New Normal Business of
the 21 Century.
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The teaching procedures introduced in this course focus on the entrepreneurial process from start
to growing (not end but more growth); lectures and tutorials; collaborative learning teams; student-led
facilitation of topics; outline learning; games, activities, identification and scenarios; community involvement
and field trips that will encourage and motivate students to develop their potentials. Throughout the series,
students should be able to use such entrepreneurship skills, especially the final part of financial
management, to build up as exemplary leaders in business with new ideas and ways, and ethical values and
attitudes, acquiring intelligence and happiness towards excellence, including the ability to identify both
similar and different varieties of businesses and services, as well as self-assessment, deep thinking and
problem-solving – all with physical, intellectual, emotional and social well-being.

The course also enables students to instill the desirable characteristics, including improvement in
academic performance and school attendance, interest in attending university, increase in occupational
aspirations (with practicum), and great leadership behavior. It also nurtures students into exemplary leaders,
thinking scholars, responsible citizens, enthusiastic sportsmen, principled setters, moral civilians, healthy
minds and shapes, and overall well-balanced beings.

Course Learning Outcomes
1. Interpret basic financial statements such as Income Statement, Balance Sheet, Cash Flow
Statement, and Statement of Shareholder Equity.
2. Understand the history of these statements and the need for them, and how these financial forms
relate to financial accounting and managerial accounting.
3. Identify and understand the factors that influence credit ratings and the importance of a positive
credit rating, as well as the consequences of a higher or lower credit rating score.
4. Identify which are fixed versus variable.
5. Identify the factors that impact the price to a customer as well as understand supply and demand
equilibrium.
6. Identify, understand and analyze cash flow including accounts receivable, accounts payable,
inventory, and debt.
7. Understand the importance of proper cash flow management, and create a cash flow budget.

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