Module Information

Module Identifier
Module Title
Rural Entrepreneurship 3 (Balancing Business Risks)
Academic Year
Distance Learning

Course Delivery



Assessment Type Assessment length / details Proportion

Learning Outcomes

On successful completion of this module students should be able to:

Compare the different methods used to analyse business risk and uncertainty

Identify an investment opportunity using a suitable technique.

Brief description

Students will first look at how business leaders can manage change in a business. Then they will look at two key skills required for the development of financial business plans for new ventures - judging risk and uncertainty, and investment appraisal. This course is part 3 of 4 on the Business Management for Rural Entrepreneurs microcredentials.


The aim of this course is to build on the skills and knowledge required by students to develop their own Business plan for a rural business.


This course will cover:
1) Managing Change
2) Risk and Uncertianty
3) Investment Appraisal

Module Skills

Skills Type Skills details
Creative Problem Solving The MCQ exam will pose theoretical problems for the students to solve.
Critical and analytical thinking Students will be expected to synthesise complex information
Digital capability Students will be required to examine and synthesize quantitative data from a range of publications and databases to develop answers for their MCQ exam
Real world sense This module will provide the students with further analytical and management skills for the developemnbt of a venture plan; they will be assessed on their understanding of this information.
Subject Specific Skills Types, benefits and challenges of different techniques in appraising and evaluating risk, uncertainty and future investments.


This module is at CQFW Level 7