Entrepreneurial Finance
Duration
- One Semester or equivalent
Contact hours
- 36 Hours
On-campus unit delivery combines face-to-face and digital learning.
Prerequisites
Nil
Corequisites
NilAims and objectives
This unit aims to equip entrepreneurs in the start-up space as well as managers/owners of smaller to large-size businesses with the financial literacy they need to understand and model the financial implications of business decisions and to communicate effectively with accounting and finance professionals. Traditional business financial principles are taught from the perspective of the needs of a start-up venture, a small/mid-sized enterprise and a larger corporation. Theory and models are complemented with case studies and speakers illustrating different financing and investment models.
Students successfully completing this unit will be able to:
1. Apply advanced and coherent knowledge of business valuation techniques across the corporate lifecycle from start-up to more mature corporates
2. Critically evaluate a flexible financial model for the entire lifecycle of a corporate
3. Critically evaluate the sources of funding available across the corporate lifecycle
4. Critically evaluate the funding needs, including timing, from early stage to maturity of a corporate
Unit information in detail
- Teaching methods, assessment, general skills outcomes and content.
Teaching methods
Face to Face Mode:
Scheduled hours: class (12 x 3 hours)
or
Scheduled hours: 3 x 8+4 hours (1 ½ days)
And
Other Student workload: Other activities including independent study and assessment tasks for a total of approximately 150 hours
Assessment
1. Assignments (Individual) 40-60%
2. Presentations (Group) 40-60%
2. Presentations (Group) 40-60%
General skills outcomes
During this unit students will receive feedback on the following key generic skills:
- analysis skills
- teamwork skills
- communication skills
- ability to tackle unfamiliar problems, and
- ability to work independently
Content
• The basic corporate finance framework and its elements (the investment, finance, dividend decisions)
• The difference between finance for entrepreneurs and established businesses
• Developing a financial model for a new venture
• Business valuation principles and methods
• Sources of funding for entrepreneurial ventures
• Developing a funding strategy for a new venture
• The difference between finance for entrepreneurs and established businesses
• Developing a financial model for a new venture
• Business valuation principles and methods
• Sources of funding for entrepreneurial ventures
• Developing a funding strategy for a new venture
Study resources
- Reading materials.
Reading materials
Reading materials for this unit consists of a series of peer-reviewed journal articles. Students are advised to check the unit outline in the relevant teaching period for the list of reading material.