BED-3031 Entrepreneurial Financial Management - 10 stp

Applicants from Nordic countries:

1st December 

Applicants from outside the Nordic countries:

1st of October

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.

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.

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.