Entrepreneurial Finance
Duration
- One Semester or equivalent
Contact hours
- 36 hours face to face + blended
On-campus unit delivery combines face-to-face and digital learning.
Aims 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.
Unit Learning Outcomes (ULO)
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
5. Work collaboratively on a real business venture design and present a proposal for funding that is consistent with venture needs and financial stakeholder perspectives.
Unit information in detail
- Teaching methods, assessment and content.
Teaching methods
Hawthorn
Type | Hours per week | Number of Weeks | Total |
On Campus Class | 3 | 12 | 36 |
Unspecified Activities Independent Learning | 9.5 | 12 | 114 |
TOTAL | 150 hours |
Assessment
Types | Individual/Group Role | Weighting | Unit Learning Outcomes (ULOs) |
Assignment | Individual | 40-60% | 1,2,3,4 |
| Presentation | Group | 40-60% | 1,2,4,5 |
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
Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.