Entrepreneurial Financial Management
Not available in 2012
An introduction to the various financial management tools available to new, small and growing firms (such as bootstrap, self equity, debt, factoring, short-term and long-term finance). Students will be shown the different financing options available, their relative advantages and disadvantages, and how to manage these. The course also addresses the applicability of traditional finance and financial management theories in an environment of closely held (small or medium) enterprises. However, the focus of the unit is on the practical management of firm finances, not merely a technical or theoretical discussion of financial issues.
To introduce students to various types of financial instruments available to entrepreneurs.
To help students learn how to use these tools most effectively in new, small and growing business ventures.
To enhance practical knowledge about financial management in new, small and entrepreneurial businesses.
Issues considered include:
. Why finance issues in small firms maybe different
. Sources of Finance
. Management of Finances
. Venture capital and philanthropic business finance
. Small firm capital structures
. Finance gap
. Valuation of unlisted businesses
Modes of Delivery
Seminar: for 3 hour(s) per Week for 12 weeks