Entrepreneurship Analysis

Secret War Journal[8 September 2014]

My Scores

Student's Name: LIM LEROY
Date of Survey: 08 September, 2014

Your ENTREPRENEURIAL Career Aspiration 

	Your average score	Average score for NTU students	Where you stand among NTU students	Low	Moderate	High	Very High
Motivation	3.00	3.02	High
Intent	4.00	2.71	Very High
Efficacy	2.57	2.99	Moderate

Your PROFESSIONAL Career Aspiration 

	Your average score	Average score for NTU students	Where you stand among NTU students	Low	Moderate	High	Very High
Motivation	3.83	3.84	High
Intent	4.75	3.76	Very High
Efficacy	3.40	3.43	Moderate

Your LEADERSHIP Career Aspiration 

	Your average score	Average score for NTU students	Where you stand among NTU students	Low	Moderate	High	Very High
Motivation	3.83	3.57	High
Intent	5.00	3.70	Very High
Efficacy	3.14	3.30	Moderate

Your ENTREPRENEURIAL Career Aspiration 

	Your average score	Average score for Undergraduate students	Average score for Business students	Average score for Male students
Motivation	3.00	3.01	3.03	3.08
Intent	4.00	2.68	2.66	2.78
Efficacy	2.57	2.96	3.19	3.08

Your PROFESSIONAL Career Aspiration 

	Your average score	Average score for Undergraduate students	Average score for Business students	Average score for Male students
Motivation	3.83	3.81	3.91	3.85
Intent	4.75	3.73	3.77	3.77
Efficacy	3.40	3.34	3.36	3.52

Your LEADERSHIP Career Aspiration 

	Your average score	Average score for Undergraduate students	Average score for Business students	Average score for Male students
Motivation	3.83	3.60	3.66	3.58
Intent	5.00	3.71	3.91	3.74
Efficacy	3.14	3.27	3.39	3.37

* N of Undergraduate students = 11,501; N of Business students = 2,153; N of Male students = 7,404

Career development opportunities in NTU

In this section, we hope to bring to your awareness some of the opportunities available in NTU for you to further develop your knowledge and skills on entrepreneurship, professional and leadership careers. This list is by no means exhaustive and we encourage you to find out more beyond this page.

General career development:

• Career-related course(s) in NTU: HP8002 Working in the 21st Century by School of Humanities and Social Sciences
• NTU Career & Attachment Office (CAO) – The CAO provides a comprehensive range of career such as services attachment or internship opportunities and to prepare you for the workplace.

Entrepreneurship:

NTU Ventures
http://www.ntuventures.com

• Makan Night – an informal networking session organised by NTU Ventures that gathers start-up founders and professionals. It is held on the last Friday of every month at NTU Ventures @ Innovation Centre. Look out for the monthly emailer for more details.
• Ad-hoc events and workshops – Look out for the emailer or check their website (see above url)
• Besides events and workshops, NTU Ventures also provides incubation and mentoring support should you wish to start your business soon.

Nanyang Technopreneurship Center (NTC)
http://www3.ntu.edu.sg/ntc/

• Minor in Entrepreneurship program by NTC, consisting of 16 Academic Units (AUs)
• Entrepreneurship & Innovation Weekan annual week-long celebration (usually in August) with entrepreneurship-themed events
• Startup Design Week – a multi-day bootcamp on how to start a business. Look out for the emailer or contact NTC for more information.
• ideas.inc business challenge - an annual business competition organised by NTC where you can validate your business ideas with experienced entrepreneurs and stand a chance to win some prize money and start-up funding. Do visit its website for more info,http://www.ideasinc.sg/

Student Clubs

• Enactus NTU (formerly NTU-SIFE) focuses on applying business and enterprise concepts to develop social and community outreach projects. http://www.enactus-ntu.com/
• NTU Entrepreneurship Society (NTUES) organises entrepreneurship events and seminar talks.https://www.facebook.com/entresoc.ntu

Specialised professions:

• Formal academic training and job exposure are also essential in your professional growth. You may wish to contact your school’s administration or the CAO for advice on NTU’s academic courses, seminar talks, events, and industrial/professional attachments.
• There are many professional communities where you can meet fellow students with common interests. More information can be found in your school’s website or you can refer to the clubs & communities page:http://www.ntu.edu.sg/CampusLife/Clubs/Pages/default.aspx
• The Centre for Continuing Education (CCE) of NTU provides continuing education programmes and services for NTU alumni and others who are keen to advance their knowledge and learn practical skills. For more info about the professional development courses provided by CCE, please visit: http://www3.ntu.edu.sg/cce/Prof_Dev_Course/default.htm

Leadership:

• Leadership opportunities are plentiful in the campus for you to experience what it is like to manage as a leader. You can be part of the Students’ Union executive committee or the Union Council, or assume a leadership role in the committees of Halls of Residence, clubs & societies or sports teams. Do visit the following pages to learn more about these student organisations.
  http://www.ntu.edu.sg/CampusLife/Clubs/Pages/default.aspx
  http://su.ntu.edu.sg/?cat=16
• There are a few leadership & management courses that you can take as electives, such as Leadership in the 21st Century (course code: BU8642) and Fundamentals/Principles of Management (course code: BU8601/BE2601). You may search for leadership & management courses at https://wish.wis.ntu.edu.sg/webexe/owa/aus_subj_cont2.main
• Some schools also administer their own leadership progammes, such as the School of Mechanical & Aerospace Engineering’s Leadership Development Programme. You may refer to your school’s website for the availability of such initiatives.

About the EPL framework

The EPL framework: A holistic assessment of career aspirations

In today’s ever-changing globalised economy with growing opportunities and challenges, it is uncommon that people adhere to a single career track. Increasingly, people make mid-career switches to other professions or specialisations. While furthering their careers, many are tasked to do something they have never done before, such as leading a huge organisation or developing a brand new product. There is a need for people to acquire a diverse set of skills and knowledge in preparation for a dynamic, multi-dimensional career. In view of these trends, the NTU Career Aspiration Study (CAS) seeks to develop a comprehensive and holistic framework of career aspirations, assessing people’s career inclinations in a three-dimensional space: Entrepreneurship (E), Professional (P) and Leadership (L).

Using this multi-dimensional framework, the NTU CAS enables a better understanding of how these three career forms, E, P & L, relate to one another (Chan et al., 2012). CAS examines not just the intended career path of individuals, but also their motivations and self-efficacies associated with each career form. In doing so, CAS provides a comprehensive understanding of a person’s career aspiration.

This report is intended to help you understand your aspirations towards entrepreneurship, professional and leadership careers. The results reported based on your survey summarise your inclinations towards each of the three highlighted career forms. It is important to note that any inferences drawn from the report must be further validated against other sources of information not provided by the survey. All information in the report is confidential and should be treated responsibly.

Intent, motivation and efficacy

The report takes into consideration three aspects in examining the career aspirations of the individual; namely, the intent, motivation and self-efficacy towards each of the three EPL career aspirations.

Motivation refers to a person’s level of interest or enthusiasm towards a particular career form. CAS also assesses a person’s self-efficacy, i.e., his or her perceived capabilities to succeed. The EPL framework hypothesises that career motivation and self-efficacy are determinants of a person’s career intent, which measures his or her readiness or conviction towards each of the EPL career forms.

As you read through the report, it is important to keep these definitions in mind. For example, it is important to remember that these measures are not the same as actual abilities, and do not necessarily or directly translate into performance.

Norm group: NTU CAS Survey

NTU CAS survey comprises 14,129 complete responses from NTU undergraduate and postgraduate students (male: 53%; female: 47%). The mean age of the respondents was 22.73 (age range: 16 to 57).

Reference: Chan, K.Y., Ho, M.H.R., Chernyshenko, O.S., Bedford, O., Uy, M.A., Gomulya, D., Sam, Y.L., Phan, W.M.J. (2012). Entrepreneurship, professionalism, leadership: A framework and measure for understanding boundaryless careers. Journal of Vocational Behavior, 81, 73–88.