Entrepreneurial Finance

The American College of Greece

Course Description

  • Course Name

    Entrepreneurial Finance

  • Host University

    The American College of Greece

  • Location

    Athens, Greece

  • Area of Study

    Entrepreneurial Management, Finance

  • Language Level

    Taught In English

  • Prerequisites

    AF 2006 Financial Accounting
    EC 1000 Principles of Microeconomics
    FN 2127 Financial Markets and Instruments or FN 3105 Foundations of Corporate Finance
    MG 2003 Management Principles
    MG 3133 New Venture Creation

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • US Credits

    3
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    DESCRIPTION:
    This course provides a rigorous and systematic study of theories and tools necessary for entrepreneurs to start, build and harvest a successful venture. The course discusses the financial needs and peculiarities of small scale businesses and the qualities required to obtain financing, and successfully manage investment projects.

    RATIONALE: 
    Despite common underlying theory, entrepreneurial finance differs from corporate finance in several important aspects as far as investing and financing decisions are concerned. Differences are also found in accessing capital, and in managing capital projects. This course is appropriate for those students interested in the financial management of small businesses.

    LEARNING OUTCOMES: 
    1. Discuss the role and the purpose of small business finance and describe the influences of the economic environment on entrepreneurship
    2. Demonstrate knowledge of the financial management tools and techniques available to entrepreneurs in different stages of the life cycle of business ventures
    3. Make use of different sources of finance for new ventures and develop exit strategies for entrepreneurs
    4. Estimate the market value of new ventures using cash flows and other valuation methods

    METHOD OF TEACHING AND LEARNING:
    In congruence with the teaching and learning strategy of the college, the following tools are used:
    - In class exercises and real life examples that help lecturer to illustrate basic concepts, and techniques used in entrepreneurial finance
    - Use of interactive cases that encourage students to identify the peculiarities and differences between corporate finance and entrepreneurial financial applications
    - Value new ventures taking into account uncertainty and flexibility in management
    - Group discussion - students are divided into groups to finish case projects and short research activities that involve the use of web search or the use of financial data bases
    - Blackboard - use of material made available online