bio5bbm bio business management

BIO-BUSINESS MANAGEMENT

BIO5BBM

2016

Credit points: 15

Subject outline

In this subject students will be required to apply for a job within a virtual biotechnology company and work in groups to produce and market a virtual product. Students will be guided by career development staff and academic staff on a weekly basis, with input from industry professionals. Students will cover aspects of bio-business such as organizational structure, IP, scientific reasoning, market research, and ethics.

SchoolSchool of Molecular Sciences/LIMS

Credit points15

Subject Co-ordinatorJeff Yeoman

Available to Study Abroad StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

Subject particulars

Subject rules

Prerequisites Admission into SMBT or SPBB or SGBB or SZBTBA or SMBB.

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Graduate capabilities & intended learning outcomes

01. Discuss and explain key elements of finding employment in the biotechnology sector

Activities:
Each student will produce a cover letter, resume and will interview for a position within a virtual biotechnology company. Students will identify transferrable skills relevant to the biotechnology sector.
Related graduate capabilities and elements:
Literacies and Communication Skills(Writing,Speaking,Cultural Literacy)
Literacies and Communication Skills(Writing,Speaking,Cultural Literacy)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving)

02. Effectively collaborate with a group of unfamiliar colleagues to achieve desired outcomes

Activities:
Students must work as a group to generate a poster that accurately reflects the work of their group during a 6 week project. All students must be present at the poster presentation and be capable of answering questions. Each member of the group must also contribute approx. 1-minutes to a 5-minute group video introducing themselves and outlining their role in the group task. A critical analysis of group processes and outcomes will also be included in the project report.
Related graduate capabilities and elements:
Literacies and Communication Skills(Writing,Speaking,Cultural Literacy)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)

03. Demonstrate effective time management while working towards group deadlines

Activities:
During a 6 week group project students will organise, and keep a record of, meetings in which they will work towards a group poster presentation and a group oral (video) presentation.
Related graduate capabilities and elements:
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)

04. Present a report/poster to disseminate a complex body of work to a peer audience

Activities:
Students must work as a group to generate a poster that accurately reflects the work of their group during the project. All students must be present at the poster presentation and be capable of answering questions.
Related graduate capabilities and elements:
Literacies and Communication Skills(Writing,Speaking,Cultural Literacy)
Literacies and Communication Skills(Writing,Speaking,Cultural Literacy)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving)
Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

05. Critically evaluate and present an argument to support newly generated or existing data

Activities:
Via LMS, students will submit reflections on their research and weekly responses to questions from lecture notes and workshop activities. This will form their weekly journal for the subject. A critical analysis of group processes and outcomes will also be included in the project report.
Related graduate capabilities and elements:
Literacies and Communication Skills(Writing,Speaking,Cultural Literacy)
Literacies and Communication Skills(Writing,Speaking,Cultural Literacy)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

06. Analyse and evaluate the value of scientific data

Activities:
Students will research and collate data throughout the group assignment. A comprehensive report outlining the individual student contribution will accompany a group poster presentation with evidence of what pieces of research were deemed important for the poster.
Related graduate capabilities and elements:
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

Subject options

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Start date between: and    Key dates

Melbourne, 2016, Semester 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJeff Yeoman

Class requirements

WorkShopWeek: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

LectureWeek: 10 - 22
One 1.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%ILO*
One 500 word resume and cover letterEach student will produce a cover letter and resume in order to apply for a position within a virtual biotechnology company. Students will identify transferrable skills relevant to the biotechnology sector.1501
One 3,000 word (or equivalent) group assignment (presented as a poster)Students will work in groups of 4 or 5 to investigate the production and commercialisation of an importaqnt biomolecule. The results of their research will be presented to staff and peers during a mini-conference in the form of a poster. Part of this assessment includes a peer review component.2002, 03, 04, 06
One 5-minute group presentationGroup-wise, students will present a 5 minute oral presentation (via video) describing the goal of their project and each student's individual role.1002, 03
One 1,500 word individual project reportStudents will submit an individual project report that contains evidence and evaluation of their contribution to the group assignment.2002, 03, 05, 06
One 1,000 word journalVia LMS, students will submit reflections on their research and weekly responses to questions from lecture notes and workshop activities.1005, 06
Class participationStudents are expected to attend and participate in the timetabled workshop activities as well as keeping a record of group meetings throughout the group assignment.1002
One 10 minute presentation (interview)Students will perform an interview to apply for a job within a virtual bitechnology company. Guided by career development experts, students will be expected to identify and present their transferrable skills relevant to work within the sector. Part of this assessment includes a peer review component.1501, 05