BUSN9132 New Venture Finance and Private Equity

2016

4.5

1 x 3-hour workshop weekly

1 Admission into MAF-Master of Accounting and Finance
1a Admission into MBAF-Master of Business Administration (Finance)
1b Admission into MBUSFN-Master of Business (Finance)
1c Admission into MACC-Master of Accounting
1d Admission into GDPBUSA-Graduate Diploma in Business Administration
1e Admission into MAFFP-Master of Accounting and Finance - City Campus
1f Admission into MBAFFP-Master of Business Administration (Finance) - City Campus
1g Admission into MACCFP-Master of Accounting - City Campus
1h Admission into GDPBUSAFP-Graduate Diploma in Business Administration - City Campus
1i Admission into GDPEG-Graduate Diploma in Entrepreneurial Growth
Must Satisfy: ((1 or 1a or 1b or 1c or 1d or 1e or 1f or 1g or 1h or 1i))

Master of Accounting and Finance, Master of Accounting, Master of Business Adminstration (Finance), Master of Business (Finance)

Assignments; Examination 50%; Tests

This topic is concerned with the financing and valuation of early stage and entrepreneurial start-up firms. Students will develop the insights necessary to formulate business-ready solutions to funding constraints that new venture firms often encounter.

This topic will focus on the financing and valuation of early-stage and entrepreneurial start-up firms. An in-depth understanding of funding sources, transaction arrangements and valuation techniques that apply to these businesses will be developed through case studies and worked examples. The mechanisms and processes used to balance the responsibilities and rights between management and providers of capital will also be examined. In this topic students will have the opportunity to engage with New Venture Institute (NVI) to integrate their academic learning with industry application.

On successful completion of this topic students should be able to:

1. Explain the nature of early stage and entrepreneurial start-up firms.
2. Identify and discuss the sources of funding for new venture enterprises.
3. Discuss the structure of financial contracts/ term-sheets used in new venture financing arrangements.
4. Identify and discuss the challenges involved in the valuation of new venture firms.
5. Estimate the value of new venture enterprises and conduct sensitivity analysis.
6. Discuss exit strategies for managers and investors.
7. Work collaboratively and communicate findings via verbal presentations and written assignments.