SELF EMPLOYEMENT AND ENTREPRENEURSHIP DEVELOPMENT (3351906)  

Syllabus

Sr. Topics Teaching Hours Module Weightage
1
Introduction to self-employment and entrepreneurship development.
1.1 Introduction of self-employment
i. Concept and need in present Indian job market context.
ii. Characteristics of self-employment areas for mechanical engineering field.
iii. Broader ways to identify selfemployment areas in mechanical engineering.
1.2 Creativity- concept, examples related to applications in mechanical engineering, ways to develop.
1.3 Innovativeness- concept, examples related to applications in mechanical engineering, ways to develop.
1.4 Entrepreneurship development:
i. Concept and need.
ii. Scope in local and global market.
iii. Qualities of entrepreneur and Characteristics of Diploma holder as a self-employer like developing networking and personal contacts, communication skills, transferable work skills, positive work skills, conflict resolution, professional dress, workplace legal issues, work ethic, etc.
1.5 Concept and importance of productivity, quality, cost consciousness and customers’ satisfaction.
1.6 Types of enterprisei. Sole partnership.
ii. Partnership firm.
iii. Joint stock company.
iv. Co-operative society.
2
Entrepreneurial support agencies.
2.1. Definition – Micro, small and medium industries.
2.2. Registration process of an enterprise with Government agencies.
2.3. Name, type and role of state and national level support agencies for:
i. Sources of information.
ii. Financial assistance.
iii. Technical assistance. iv. Training.
2.4 Current state & national level promotional schemes for establishment of new enterprise
3
Project set up planning.
3.1 Product (Physical and service both-having mechanical features) selection:
i. Concept and importance
ii. Product selection
iii. Effect of competitive or similar types of products on product selection
iv. Product development stages.
3.2 Process Selection:
i. Concept and importance.
ii. Factors affecting process selection.
iii. Technology life cycle.
iv. Productivity-concept & importance.
v. Flexibility.
3.3 Process Conversion- Capacity Planning :
i. Concept.
ii. Importance.
iii. Basic method to assess / estimate capacity.
3.4 Selection of location and layouts:
i. Concept.
ii. Factors affecting selection of location.
iii. Objectives and types of plant layout.
iv. Factors affecting plant layout.
4
Project proposal planning.
4.1 7-M resources.
4.2 Marketing- definition, need for enterprise, 4Ps channels (product, price, place and promotion).
4.3 Market survey-concept, need and methods.
4.4 Managing finance :
i. Terminology used in financial management.
ii. Concept of financial statement and types (balance sheet, profit & loss statement and funds flow statement).
4.5 Project report preparation for mechanical feature based product:
i. Meaning of project planning and report.
ii. Feasibility study.
iii. Details required for preparing project plan.
iv. Project cost estimation.
v. Cost, Volume and Profit (CVP) analysis.
vi. Preliminary project report (PPR) and detailed project report (DPR).
5
Enterprise and risk management.
5.1 Concept of risk in the context of enterprise / project.
5.2 Uncertainty and certainty of project elements.
5.3 Decision making under risk.
5.4 Methods of risk management.
5.5 Strength, Weakness, Opportunity and Threat (SWOT) analysis.
6
Case studies.
6.1 Case studies of entrepreneur and self employer. : (at least two for success and two for failure.)
i. Important features.
ii. Reasons for success and failures.
iii. Analyzing success and failure criteria.
iv. Integration of case analysis conclusions in enterprise management for improvement.