DETAILED COURSE CONTENT



Course Code :

COME32134


Title :

New Venture Financing


Type/Status :

Compulsory

aaaaaaaaaaaa Aims :
This course will develop the necessary conceptual and analytic framework to understand a wide variety of finance problems related to the entrepreneurial venture.
Learning Outcome : aaaaaaaaaaaaaaaa
By the end of this course unit students should be able to:
  • Describe the terms and conditions of the various sources of venture financing by stage including seed financing, start-up financing, first  round and later stage financing.
  • Analyze and interpret the components of financial statements
  • Evaluate long term capital investment decisions using discounted cash flow techniques and net present value (NPV) and internal rate of return (IRR) decision criteria.
  • Calculate and explain the concept of cost of capital and required rate of return decision criteria.

Course Content : Introduction to financial management for new ventures; Financial statements and forecasts; Pro forma financial statements; Importance of getting financing or funding; sources of equity funding; sources of debt financing; creative sources of financing and funding; legal requirements for new ventures

Method of Teaching & Learning:

Lectures, Case studies and Workshops.

Scheme of Evaluation:

Assignments, presentations, case studies, individual reports and End semester examination.

The weights given to each component of the evaluation method is announced at the commencement of the module.


Recommended Readings: Kuratko, D.F. and Hodgetts, R.M. (2004), Entrepreneurship: Theory, Process and Practice. 6th ed. Thomson, South-Western.

Timmons, J. A. and Spinelli, S. (2003) New Venture Creation - Entrepreneurship for the 21st Century. New York: Irwin/McGraw-Hill.

Adelman and Marks. (2007). Entrepreneurial Finance. 4th ed. Prentice Hall.

Wickham. (2006). Strategic Entrepreneurship. 4th ed. Prentice Hall.

Bruce R. Barringer and Ireland, R. D. (2012Entrepreneurship: Successfully Launching New Ventures. 4ed. Prentice Hall, New York.