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FM476      Half Unit
Entrepreneurial Finance

This information is for the 2019/20 session.

Teacher responsible

Professor Daniel Paravisini

Availability

This course is available on the CEMS Exchange, Global MSc in Management, Global MSc in Management (CEMS MiM), Global MSc in Management (MBA Exchange), MBA Exchange, MSc in Accounting and Finance, MSc in Finance (full-time), MSc in Finance (full-time) (Work Placement Pathway), MSc in Finance and Economics, MSc in Finance and Economics (Work Placement Pathway), MSc in Finance and Private Equity, MSc in Finance and Private Equity (Work Placement Pathway), MSc in Management (1 Year Programme), MSc in Risk and Finance and MSc in Social Innovation and Entrepreneurship. This course is available with permission as an outside option to students on other programmes where regulations permit.

This half unit is capped with a capacity limit to the number of students registered on the course.  A lottery process is undertaken to allocate places on units which are oversubscribed. Students are recommend to have clear alternatives in mind should they not be successful with an application for this capped half unit.

Pre-requisites

Basic Mathematics and Statistics knowledge.



N.B. - It is mandatory to attend the first week’s class in Lent Term in order to register for FM476 Entrepreneurial Finance. Students who did not attend these classes will not be permitted to then join the course.

Course content

After introducing students to methods to assess business plans as well as methods to identify and value business ventures and growth opportunities in the opening part of the course, the bulk of the first half of the course concentrates on obtaining financial resources. It covers a broad set of instruments (venture capital, angel finance, crowdsourcing, venture debt) used by entrepreneurial firms and aims to help the student understand how the staged financing process of a new venture works, and to be able to assess when to raise financing and how to structure it. The second half of the course focuses on practical applications in negotiation, development of a business plan, and evaluation of real-life ventures raising funding.

Teaching

30 hours of lectures in the LT.

This course is taught in the interactive lecturing format. There is no distinction between lectures and classes/seminars; there are “sessions” only, and the pedagogical approach in each session is interactive.



This course will be taught in two separate groups. Each group will meet for a single block of three hours once a week. Each student will choose which group they want to belong to at the beginning of the course and continue with the same group for the rest of the term.



The course requires weekly in-class and and out-of-class activities and discussions. Students must prepare for class activities in advance. There is a significant amount of in-term work, group work, and other activities. Attendance is required.

Formative coursework

All the work done in an out of the classroom will be assessed.

Indicative reading

Detailed course programmes and reading lists are distributed at the start of the course. The course pack include lecture notes and case studies for summative and formative assessments.

Assessment

Continuous assessment (100%).

Summative assessment will take the form of individual reports, group reports, business plan exercises and peer evaluations.

Key facts

Department: Finance

Total students 2018/19: 115

Average class size 2018/19: 58

Controlled access 2018/19: No

Value: Half Unit

Personal development skills

  • Self-management
  • Team working
  • Problem solving
  • Application of information skills
  • Communication
  • Application of numeracy skills
  • Commercial awareness