Магистратура
2021/2022
Предпринимательские финансы
Статус:
Курс по выбору (Стратегическое управление финансами фирмы)
Направление:
38.04.08. Финансы и кредит
Кто читает:
Школа финансов
Где читается:
Факультет экономических наук
Когда читается:
2-й курс, 1, 2 модуль
Формат изучения:
с онлайн-курсом
Онлайн-часы:
6
Охват аудитории:
для своего кампуса
Преподаватели:
Гусева Ольга Александровна
Прогр. обучения:
Стратегическое управление финансами фирмы
Язык:
английский
Кредиты:
5
Контактные часы:
38
Course Syllabus
Abstract
Financing a new venture is considered to be one of the main barriers facing the entrepreneurs in both developed and developing markets. Although the basic concepts of corporate finance course are relevant for startup funding, special aspects of investing in startup (such as opacity, illiquidity and specificity) require deeper understanding of venture capital markets and entrepreneurs’ activities. This course covers financing process during all stages of startup life cycle and is designed for students who are interested in entrepreneurship as startup founder, employee or investor. The course provides students with theoretical concepts of entrepreneurial finance and uses case-oriented approach to demonstrate problems facing entrepreneurs and venture investors.
Learning Objectives
- Provide students with a broad understanding of concepts in entrepreneurial finance and explain special aspects of funding new ventures as opposed to financing of mature companies considered in standard corporate finance theory
- Provide students with a framework for making decisions about financing of a new venture from entrepreneur’s and investor’s points
- Explain the difference between types of venture investors and institutions involved in financing of new ventures
- Prepare students to make effective presentations of investment opportunities from entrepreneur’s and investor’s side
Expected Learning Outcomes
- Apply methods of valuation for a new venture
- Develop communication and presentation skills for capital raising, formulating business plan, strategies
- Evaluate challenges and discuss risks facing entrepreneurs in developed and developing markets
- Identify exit strategies and explain venture harvesting process
- Make effective and well-timed decisions about new venture financing and harvesting
Assessment Elements
- Case in class - Group work
- Homework - business plan preparation
- Homework - valuation exercise
- Homework - written case
- Group project - pitching an idea of a new venture
Interim Assessment
- 2021/2022 2nd module0.15 * Homework - business plan preparation + 0.15 * Homework - valuation exercise + 0.4 * Group project - pitching an idea of a new venture + 0.15 * Case in class - Group work + 0.15 * Homework - written case
Bibliography
Recommended Core Bibliography
- Alhabeeb, M. J. (2015). Entrepreneurial Finance : Fundamentals of Financial Planning and Management for Small Business. Hoboken, New Jersey: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=957003
- Entrepreneurial finance, Smith, R. L., 2004
Recommended Additional Bibliography
- Entrepreneurial finance, Leach J.C., Melicher R.W., 2006
- Research handbook on entrepreneurial finance, , 2017
- Venture capital and the finance of innovation, Metrick, A., 2011