spring 2015 BED-3031 Entrepreneurial Financial Management - 10 ECTS

Application deadline

Applicants from Nordic countries:

1st December 

Applicants from outside the Nordic countries:

1st of October


Type of course

This course can be taken as a singlular course.

Admission requirements

Students have to hold a bachelor degree (180 ECTS) or equivalen in one of the following disciplines: Business, Management, Marketing, Computer Science, Information Technology, Engineering, Electrical engineeing, Physics, Health, Energy, Fisheries or Biotechnology.

  • The Norwegian grading system is an A-F scale in which A is the highest score and F is fail. An average grade C from a bachelor degree issued in Norway is the minimum requirement for admission to the master's level for students with Norwegian study background.
  • Applicants who hold a bachelor's degree or equivalent issued in Europe, Canada, USA, Australia and New Zealand must have an average grade C as a minimum, or the corresponding numerical mark/percentage score to be considered for admission.
  • Applicants who hold a bachelor's degree or equivalent issued in countries other than the above mentioned region/countries must have an average grade B as a minimum, or the corresponding numerical mark/percentage score to be considered for admission.


Course content

This course teaches prospective entrepreneurs the fundamentals of finance as it applies to the new or young venture. Topics include development of pro forma financial statements for cash flow analysis, business valuation models, and raising capital.

Objectives of the course

Students who have successfully completed the course should have achieved the following learning outcomes:

Knowledge and comprehension:

  • Knowledge of how to make financial forecasts and incorporating supply and demand considerations into the forecast.
  • Comprehension of different valuation techniques appropriate to an entrepreneurial setting.
  • Knowledge of different suppliers of funds to entrepreneurs and their objectives and requirements.

Skills:

The course should prepare the student to:

  •   Prepare a pro forma financial model using publicly available data that can be used to determine financing needs for start-up businesses.
  • Make valuations of the enterprise using several different methodologies common for entrepreneurial ventures.
  • Structure deals with providers of financing to achieve objectives and overcome uncertainties and information asymmetries inherent in new ventures.

Competence:

  • Be able to independently manage the financial aspects of an entrepreneurial venture to survive the financial challenges and capture maximum value in financing and harvesting the enterprise.

 


Language of instruction and examination

English

Teaching methods

The course consists of a lecture series and case seminars

Assessment

There is a home exam at this course. Grades A-E, F is failure.

There will not be arranged a re-sit exam for this course.


Recommended reading/syllabus

Literature will be announced in Fronter at the beginning of term or may be obtained by contacting the bookstore Akademisk Kvarter (Tromsø).

Error rendering component

  • About the course
  • Campus: Tromsø |
  • ECTS: 10
  • Course code: BED-3031