Course Title: Financing Entrepreneurial Ventures
Part A: Course Overview
Course Title: Financing Entrepreneurial Ventures
Credit Points: 12
Course Code |
Campus |
Career |
School |
Learning Mode |
Teaching Period(s) |
BUSM1317 |
City Campus |
Undergraduate |
630H Management |
Face-to-Face |
Sem 1 2006,
Sem 1 2007, Sem 1 2008 |
Course Coordinator: Dr David Gilbert
Course Coordinator Phone: +61 3 9925 5196
Course Coordinator Email:david.gilbert@rmit.edu.au
Course Coordinator Location: 108.16.22
Course Coordinator Availability: via e-mail
Pre-requisite Courses and Assumed Knowledge and Capabilities
BUSM 1313 Finance for Entrepreneurs
Course Description
Entrepreneurial ventures often contend with the challenge of raising capital for their development and growth. This course builds on the theories, concepts and processes explored in the course Financing for Entrepreneurs and covers specifically, important aspects of financing entrepreneurial ventures. By addressing issues of risk and return with various providers of capital, this course equips entrepreneurs with an informed perspective in dealing with these parties. The objective and means of building venture value will likewise be studied with the view of maximising outcomes from possible harvest scenarios. Venture valuation methods will consequently be taught. Finally, management strategies for ventures undergoing financial distress will be explored.
Objectives/Learning Outcomes/Capability Development
On completion of Financing Entrepreneurial Ventures you will be able to demonstrate an understanding of:
- entrepreneurial finance principles particularly in relation to the raising of capital exercises
- different financing scenarios according to the venture’s life cycle stage
- forecasting financial requirements in a period of growth
- management of the cash conversion cycle and bootstrap financing techniques
- the participants in the financial markets (particularly sources of debt and equity capital) and their interests; these include angel investors, venture capital firms, banks and other financial intermediaries.
- the building of venture value through robust business models and responsible management
- the considerations regarding harvest scenarios in particular, selling the business or going for an Initial Public Offering
- managing ventures experiencing financial distress
Overview of Learning Activities
Students will explore theories and concepts associated with the defined learning outcomes and the practical application of these theories and concepts via learning modes such as formal lectures, guest lectures and tutorials involving case studies, class discussions and presentations.
Overview of Learning Resources
Prescribed Text/s
Students will need to acquire the prescribed Textbook for this course.
Use of DLS
Students also have access to course materials and additional readings on the DLS website via the course Blackboards including external internet links and access to RMIT Library online and hardcopy resources.
Other references
A list of other references will be made available on the DLS.
Calculator
A financial calculator is considered essential. The preferred calculator is Sharp EL-735 (available at RMIT Bookshop); this model is the one to which reference will be made when examples are covered in lectures and workshops. Other financial calculators which are acceptable include the Sharp EL-733, the Casio FC 100 or FC 200 or the HP 10 BA II.
Overview of Assessment
A range of assessment will be undertaken in this course that may involve examinations, mini-quizzes, essays, business reports, case study analysis, presentations and participation.
Please use the RMIT Business referencing guidelines document for report style found at http://mams.rmit.edu.au/s9sx559hurvc.rtf
Course grades available
Assessment uses the following percentage scale. Your marks may be scaled
Grade Score %
HD High Distinction 80 - 100
D Distinction 70 - 79
CR Credit 60 - 69
P Pass 50 - 59
NN Fail 0 - 49
Academic integrity and plagiarism
RMIT policies concerning academic integrity and plagiarism apply to students in this course. For more details see http://www.rmit.edu.au/academic-policy/assessment_policies
As well, note further requirements in Part B of the Course Overview.