Entrepreneurship and Financial Literacy
This course equips learners with practical knowledge and skills in entrepreneurship and financial management. It introduces business creation, innovation, opportunity identification, budgeting, saving, investing, and financial decision-making. Learners develop the ability to start, manage, and sustain small enterprises while practicing responsible financial behavior.
COURSE OBJECTIVES
By the end of this course, learners should be able to:
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Define entrepreneurship and explain its importance in economic development.
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Identify business opportunities in their environment.
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Develop a simple business plan.
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Understand basic financial concepts such as income, expenses, profit, and loss.
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Prepare a personal and business budget.
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Practice saving, investing, and responsible borrowing.
COURSE UNITS / MODULES
Unit 1: Introduction to Entrepreneurship
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Meaning and characteristics of an entrepreneur
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Importance of entrepreneurship
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Types of businesses
Unit 2: Business Opportunity Identification
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Identifying community needs
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Market research basics
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Risk-taking and innovation
Unit 3: Business Planning
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Components of a business plan
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Setting goals and objectives
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Costing and pricing
Unit 4: Basic Financial Literacy
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Income and expenditure
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Profit and loss
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Cash flow management
Unit 5: Saving and Investment
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Importance of saving
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Banking services
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Introduction to investment options
Unit 6: Financial Responsibility and Ethics
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Responsible borrowing
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Managing debt
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Business ethics and integrity
TEACHING METHODS
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Discussions
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Case studies
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Group projects
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Practical budgeting exercises
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Business simulations
ASSESSMENT METHODS
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Class participation
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Assignments
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Business plan project
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Written examination
- Teacher: Admin User