Postgraduate Course: Entrepreneurial Finance (CMSE11304)
Course Outline
School | Business School |
College | College of Humanities and Social Science |
Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
SCQF Credits | 15 |
ECTS Credits | 7.5 |
Summary | It is intended to provide students with a deep understanding of issues associated with the financing of innovation, particularly in new and growing ventures. |
Course description |
This course will provide a comprehensive approach to the analysis of the value creation process in entrepreneurial firms. Entrepreneurial finance is a discipline that studies financial resource mobilisation, resource allocation, risk moderation, optimisation in financial contracting, value creation, and value monetisation within the context of entrepreneurship. This course examines how the activity of entrepreneurial finance can be enhanced via a concentration on value creation and through improved strategic decision-making. It provides participants with the opportunity to develop their knowledge and understanding of concepts through in-class and between class discussion of and work on real-world cases.
|
Entry Requirements (not applicable to Visiting Students)
Pre-requisites |
|
Co-requisites | |
Prohibited Combinations | |
Other requirements | None |
Course Delivery Information
Not being delivered |
Learning Outcomes
On completion of this course, the student will be able to:
- Analyse critically an organisation's financial status as a value creation process
- Analyse and discuss critically how value creation is not a one-off activity, but rather a continuous cycle of incremental improvements across a wide range of business activities;
- Understand and discuss critically how entrepreneurial value creation can be described in four comprehensive stages: value creation, value measurement, value enhancement, and value realisation;
- Critically assess how strategic management, financial management, and entrepreneurship combine to simultaneously examine business topics from different perspectives to better encapsulate actual entrepreneurial practices.
|
Reading List
Klonowski, D (2014) Strategic Entrepreneurial Finance: From Value Creation to Realization, Routledge. |
Additional Information
Graduate Attributes and Skills |
Cognitive and Subject Specific Skills:
-Relate entrepreneurial finance to broader concepts of entrepreneurship and innovation covered in other courses;
-Establish how strategic deliberations maximise the entrepreneurial firm¿s chances of making the right business decisions for the future, enable the firm to manage its available financial and non-financial resources in the most optimal manner, and ensure that the necessary capital is secured to progress the development of the firm to its desired development level;
-Integrate the concepts discussed in the course and relate them to real-world organisational scenarios.
Transferable Skills:
-Successfully undertake independent reading and enquiry;
-Articulate convincing arguments in writing;
-Engage in active debate about key topics and issues in case analysis;
-Analyse and interpret company financial histories. |
Keywords | EI-EF |
Contacts
Course organiser | Prof Richard Harrison
Tel: (0131 6)51 5549
Email: |
Course secretary | Ms Samantha Rice
Tel: (0131 6)51 5332
Email: |
|
|