BT1502: INTRODUCTION TO BIO-BUSINESS (2021-2022)

Last modified: 31 May 2022 13:05

Course Overview

this course will provide you with a flavour of the ways in which scientific ideas can be commercialised;
the main aim of this course is to introduce you to the language of business and demystify some of the jargon that surrounds business models, intellectual property rights and finance;
this is the first in a 3 course option (year 1 or 2, year 3 and year 4) that can lead to you obtaining your BSc in a discipline of Medical Science with Bio-Business and open up a whole new range of career options for you

Course Details

Study Type	Undergraduate	Level	1
Term	Second Term	Credit Points	10 credits (5 ECTS credits)
Campus	Aberdeen	Sustained Study	No
Co-ordinators	Professor Heather Wallace

What courses & programmes must have been taken before this course?

One of Anatomy (AN) or Biochemistry (BC) or Biomedical Sciences (BM) or Biotechnology (BT) or Developmental Biology (DB) or Genetics (GN) or Immunology (IM) or Molecular Biology (MB) or Microbiology (MC) or Pharmacology (PA) or Physiology (PY) or Sports Science (SR)
Any Undergraduate Programme
Either Programme Level 1 or Programme Level 2

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

BT1501 Introduction to Bio-Business (Studied)

Are there a limited number of places available?

Course Description

The course will comprise a series of lectures and tutorials which will cover the "language" of biobusiness using a number of real case studies from companies in the medical sciences (e.g. What is a company? What is management? How do markets work? Decision making process).

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers

Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

Alternative Assessment

Presentation (pre-recorded) 50%

Essay 50%

Alternative Resit Assessment

Essay

2 Essay style questions

Written report on virtual business

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge Level	Thinking Skill	Outcome
Conceptual	Understand	Understanding of the concept and language of business in life sciences.
Conceptual	Analyse	Know how business outcomes are influenced by commercial deliverables rather than simply the quality of science.
Factual	Understand	Understand the initial process of commercialisation of scientific ideas.
Reflection	Evaluate	Have insight into the way risk and cost is managed against the potential revenues that could be generated from a successful drug pipeline.