Entrepreneurial Financial Management

Course code GSBS6183Units 10Level 6000Faculty of Business and LawNewcastle Business School

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.

Not available in 2015

ObjectivesTo 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.
ContentIssues 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
Replacing Course(s)Not Applicable.
TransitionNot Applicable
Industrial Experience0
Assumed KnowledgeNot Applicable
Modes of DeliveryInternal Mode
Teaching MethodsLecture
Seminar
Assessment Items
Examination: Class
Essays / Written Assignments
Group/tutorial participation and contribution
Other: (please specify)
Contact HoursSeminar: for 3 hour(s) per Week for 12 weeks