Year
2018
Units
4.5
Contact
1 x 3-hour workshop weekly
Prerequisites
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))
Course context
Master of Accounting and Finance, Master of Accounting, Master of Business Adminstration (Finance), Master of Business (Finance)
Assessment
Assignments; Examination 50%; Tests
Topic description
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.
Educational aims
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.
Expected learning outcomes
  1. Understand the role that venture capital/private equity plays in financing new ventures
  2. Explain the drivers of entrepreneur opportunities and venture's life cycle stage
  3. Understand the sources of funding for new venture enterprises
  4. Discuss the structure of financial contracts/term-sheets used in new venture financing arrangements
  5. Understand the valuation of new venture firms and the challenges involved in the valuation of new venture firms
  6. Understand various exit strategies for managers or investors
  7. Understand restructuring options for financial distressed ventures