ULMS Electronic Module Catalogue

The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title Entrepreneurial Finance
Code ULMS555
Coordinator Dr K Bangassa
Finance and Accounting
Kenbata@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2021-22 Level 7 FHEQ First Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):

 

Modules for which this module is a pre-requisite:

 

Programme(s) (including Year of Study) to which this module is available on a required basis:

 

Programme(s) (including Year of Study) to which this module is available on an optional basis:

 

Teaching Schedule

  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours 12

12

        24
Timetable (if known)              
Private Study 126
TOTAL HOURS 150

Assessment

EXAM Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
             
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Group reflection on crowd funding campaign There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When) :1  1000 words    50       
Individual assignment There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When) :1  2500 words    50       

Aims

The aims of the module are to introduce students to alternative and traditional forms of finance. Participants will learn why initiatives such as crowd funding are a growing area of a new financial landscape. Students will understand why resource management is a fundamental skill that needs to be learned. Students will critically evaluate the most significant financial tools and techniques of financial management likely to occur in SMEs. Students will learn the value of understanding cash flow management to SMEs.


Learning Outcomes

(LO1) Explain why an alternative finance market has become fundamental to an entrepreneurial economy;

(LO2) Elaborate on the theoretical and practical linkages between fundraising success and which factors of the environment impact financial performance;

(LO3) Diagnose weaknesses in a business proposition and identify areas for improvement using established accounting techniques;

(LO4) Compare and contrast which financial tools are most suited to numerous different commercial projects;

(LO5) Recognise financial sector changes and appreciate alternative choices and approaches for managing resources and processes within organisations.

(S1) Communication skills

(S2) Problem solving and decision making skills

(S3) Decision making skills

(S4) Numeracy skills

(S5) ICT skills

(S6) Group working skills


Teaching and Learning Strategies

Teaching Method 1 - Lecture
Description: The module is taught in 6 x 2 hour lectures and 6 x 2 hour seminars. It uses a combination of lectures, film, and individual and small group work, practical 'live' group work, discussions and case studies. A highly participative approach is required from students including peer learning.
Attendance Recorded: Not yet decided
Notes: Six x Two Hour Lectures

Teaching Method 2 - Seminar
Description: The module is taught in 6 x 2 hour lectures and 6 x 2 hour seminars. It uses a combination of lectures, film, and individual and small group work, practical 'live' group work, discussions and case studies. A highly participative approach is required from students including peer learning.
Attendance Recorded: Not yet decided
Notes: Six x Two Hour Seminars


Syllabus

 

Finance for entrepreneurs;

Bootstrapping: advantages and disadvantages;

Peer to peer lending and the future of crypto currencies;

Enterprise funding – loans, grants and equity agreements;

Global comparison of financial instruments for entrepreneurs;

Initial public offerings and how to prepare.


Recommended Texts

Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.