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
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.