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GMBA70-106: Business Model Design

Description

This subject focuses on the acquisition of a comprehensive business model design method for developing new businesses or for changing strategies for existing businesses. Various points, such as core products and services, revenue models and value chain construction, must be examined for giving birth to a new business. In this subject, students learn how to design individual elements and how to link all those elements and design a business comprehensively after understanding the outline and interrelations of those various elements that comprise a business model. Business model design requires two tools. One is precisely understanding about what we call a business model. In this subject, students learn how they should design various elements based on a technique called the Business Model Canvas. The other tool is a creative and comprehensive thinking technique for solving problems; in other words, design thinking. Design means building items and mechanisms that function for the achievement of targets, instead of activities for producing external beauty. Hence, design thinking is a system of various thinking methods for achieving targets. This is an extremely useful thinking technique for building a business model. The acquisition of design thinking is one of the goals set for this subject. In this subject, students learn those techniques based on their practice. 

Subject details

Type: Postgraduate Subject
Code: GMBA70-106
Faculty: Bond Business School
Semesters offered:
  • September - Bond-BBT MBA 2022 [Non-Standard Offering - Bond-BBT]
Credit: 5
Study areas:
  • Business, Commerce, and Entrepreneurship

Learning objectives

1. Acquire techniques for using the Business Model Canvas. Gain the proper understanding of various elements that comprise a business model and their relations, and become able to design businesses comprehensively. 2. Learn the basics of design thinking. Establish the thought of designing goods, services and structures for solving problems and acquire various ways of thinking for putting the thought into practice. 3. Learn skills for teamwork. Activities for producing something new become more desirable as members sharing the aim grow in number. Members must become able to motivate each other and draw strength from each other properly. In this subject, students seek to learn those skills through their teamwork.

Enrolment requirements

Requisites:

Nil

Assumed knowledge:

Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.

Restrictions: This subject is not available to
  • Study Abroad Students
  • This subject is not available to students on US Financial Aid.
  • Students on a Student Visa may be restricted from enrolment due to the mode of delivery in the chosen semester. Check the subject outline for further details.

Must be admitted into a BBT/MBA Program

Subject dates

  • Non-Standard Offering - Bond-BBT
    Enrolment opens: 17/07/2022
    Semester start: 26/09/2022
    Subject start: 26/09/2022
    Cancellation 1: 09/10/2022
    Cancellation 2: 12/10/2022
    Last enrolment: 07/10/2022
    Withdraw - Financial: 21/10/2022
    Withdraw - Academic: 06/11/2022
    Teaching census: 20/10/2022
Non-Standard Offering - Bond-BBT
Enrolment opens: 17/07/2022
Semester start: 26/09/2022
Subject start: 26/09/2022
Cancellation 1: 09/10/2022
Cancellation 2: 12/10/2022
Last enrolment: 07/10/2022
Withdraw - Financial: 21/10/2022
Withdraw - Academic: 06/11/2022
Teaching census: 20/10/2022