Students acquire in-depth knowledge on theory and methods of finance in entrepreneurial companies. As part of the course, young ventures as well as established entrepreneurial firms are considered. Three main objectives of the course are:
to understand challenges of entrepreneurial firms,
to analyse tools and techniques of finance for entrepreneurial firms in early and later development stages, thereby focussing on private capital markets with an emphasis on venture capital and private equity,
to build knowledge on company valuation and specific challenges in valuing high-growth companies.
The course is based on leading academic research in entrepreneurial finance and company valuation. Throughout the course, students are faced with real business cases to which they apply their knowledge and discuss challenges of financing an entrepreneurial firm.
This course provides better understanding of corporate finance issues confronting entrepreneurial firms. The issues will be explored by considering the differences between firms for which the standard corporate finance model is appropriate and firms for which the investment and financing issues are interdependent. This course also develops the framework used for thinking about finance issues and helps students develop experience in applying this framework to making useful business decisions. Although the learning objectives focus on entrepreneurial ventures, they have direct application in more standard corporate, investments, insurance, and banking finance.
The course is part of the specialisation Innovation & Entrepreneurship within the master Business Administration. Students who are not enrolled in this specialisation should contact the course coordinator before signing up for the course.|
The growth plan assignment is based on the master buddy program, which starts in period 1 and is obligatory for students of I&E.
|Written exam and paper.
Partial grades remain valid.
Attendance is a requirement for passing the course.|