BSc Home Science Entrepreneurship and New Venture Development Syllabus - Mumbai University 2026

This is the Semester 4 syllabus under NEP 2020, in force from the academic year 2025-26. The University still examines the earlier Choice Based papers alongside it — her third-year timetables name that scheme — so check which scheme your exam form names before you revise.

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Syllabus for Entrepreneurship and New Venture Development

Major · Semester 4 · Second Year · 2 credits · 50 marks

The University sets this paper in all four of her Semester III and IV circulars — Community Resource Management (Major); Foods, Nutrition and Dietetics (SEC); Human Development (SEC); Textile and Fashion Technology (SEC). The second year is common to the whole degree, so it is one paper here; the wording shown is from the circular that sets the fullest version of it.

Module I

A Idea Generation and Opportunity Assessment:
Self-Discovery: Identifying personal strengths, passions, and entrepreneurial traits.
Idea Generation: Exploring sources of business ideas, assessing their viability, and understanding opportunity recognition
Idea Evaluation: Applying design thinking, prototyping, and value proposition design to refine and evaluate business ideas.
Exercises:
i Brainstorming sessions to generate business ideas.
ii Identifying market needs and potential opportunities.
iii Analyzing industry trends and competitive landscapes.
iv Developing a problem statement and a solution.
B Market Research and Business Planning:
Feasibility Analysis: Conducting market research, analyzing target markets, and understanding customer behavior.
Business Plan Development: Creating a comprehensive business plan, including marketing strategies, financial projections, and organizational structure.
Exercises:
i Conducting surveys and interviews to gather market research data.
ii Analyzing competitor strategies and market trends.
iii Developing a business plan for a chosen venture.
iv Presenting business plans and receiving feedback from peers and faculty.

Module II

A Venture Creation and Management:
New Venture Creation: Understanding the entrepreneurial process, securing funding, and launching a
new business.
Venture Management: Managing finances, marketing, and operations of a new venture.
Exercises:
i Developing and implementing marketing strategies for a new venture.
ii Securing funding from various sources, including investors and banks.
iii Managing cash flow and financial records. Developing and managing a team of employees
B Institutional Support and Network Building:
Institutional Support: Understanding the role of various organizations in supporting entrepreneurship.
Network Building: Connecting with mentors, advisors, and other entrepreneurs.
Exercises:
i Visiting and interacting with local incubators and accelerators.
ii Attending industry events and networking with potential investors and partners.
C Project-Based Learning:
Throughout the course, students are expected to develop and present a capstone project, which could
involve creating a new venture, developing a business plan, or conducting a market research study. Example Practical Activities:
Case Study Analysis: Analyzing real-world business cases to understand successful and unsuccessful
entrepreneurial ventures.
Simulations: Engaging in simulated business scenarios to practice decision-making and problem-solving.
Field Trips: Visiting local businesses and industry events to gain practical experience and network with
industry professionals.
Guest Lectures: Inviting entrepreneurs and industry experts to share their experiences and insights

Text Books & Reference Books

1 Amit, R., & Zott, C. (2020). Business model innovation strategy: Transformational concepts and tools for entrepreneurial leaders. John Wiley & Sons.
2 Barringer, B.R., & Ireland, R.D. (2015). Entrepreneurship. Pearson.
3 Desai, V., (2016) Small-Scale Enterprises and Entrepreneurship Ecosystem, 6th Edition, Himalaya Publishing House.
4 Blundel, R., Lockett, N., Wang, C., & Mawson, S. (2021). Exploring entrepreneurship. Sage
5 Frederick, H., Connor, A., Kuratko, F. D. (2016) Entrepreneurship: Theory, Process and Practice, 4th Edition, Cengage Leaming
6 Gersick, K. E., Davis, J. A., Hampton, M. M., & Lansberg, I. (1997). Generation to generation:Life cycles of the family business. Boston, United States: Harvard Business School Press.
7 Hisrich, R.D., Manimala, M.J., Peters, M.P., & Shepherd, D.A. (2013). Entrepreneurship. Delhi,India: Tata McGraw Hill.
8 Kuratko, D.F., & Rao, T. V. (2012). Entrepreneurship: A South-Asian Perspective .Cengage
9 Lewrick, M. (2022). Design Thinking for Business Growth: How to Design and Scale Business
10 Lorenzo, O., Kawalek, P., & Wharton, L. (2018). Entrepreneurship, Innovation, and technology: A guide to core models and tools. Routledge
11 Malhotra Naresh, K. Marketing Research: An Applied Orientation (Pearson, 8th Edition 2022)
12 Mitra, J. (2019). Entrepreneurship, innovation, and regional development: an introduction. Routledge.
13 Nicholls, A. (Ed.). (2006). Social entrepreneurship new models of sustainable social change.London: United Kingdom: Oxford University Press. 3 Discipline Specific Core Course- 4.2(DSC-4.2): Cost Accounting
14 Scarborough, N. M., Cornwall, J. R., & Zimmerer, T. (2016). Essentials of entrepreneurship andsmall business management. Boston, United States: Pearson.
15 Shankar, R. (2012). Entrepreneurship Theory and Practice. Delhi, India: Tata McGraw Hill
16 Shukla, M.B. (2007). Entrepreneurship and Small Business Management. Allahabad, India: KitabMahal Publishers.
17 Zimmerer, T., & Scarborough, N. M. (2005). Essentials of Entrepreneurship and Small Business Management. Prentice Hall.

Reproduced from the University of Mumbai syllabus for B.Sc. (Home Science) under NEP 2020, in force from the academic year 2025-26. Wording is as printed in that syllabus. Module numbering is as printed there too.

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