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 | FINANCING THE ENTREPRENEURIAL ORGANISATION | ||
Code | KMBA624 | ||
Coordinator |
Dr LB Day Strategy, IB and Entrepreneurship Lisa.Day@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2022-23 | Level 7 FHEQ | Whole Session | 15 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
KMBA710 BEING A LEADER; KMBA711 THE ORGANISATION IN STRATEGIC CONTEXT; KMBA712 FINANCE AND ACCOUNTING FOR MANAGERS; KMBA713 MARKET PERSPECTIVES; KMBA714 INNOVATION AND CHANGE |
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 |
50 100 |
150 | |||||
Timetable (if known) | |||||||
Private Study | 0 | ||||||
TOTAL HOURS | 150 |
Assessment |
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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 |
Assessment 1 There is a resit opportunity. Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session | 0 | 30 | ||||
Assessment 2 There is a resit opportunity. Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session | 0 | 20 | ||||
Assessment 3 There is a resit opportunity. Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session | 0 | 30 | ||||
Assessment 4 There is a resit opportunity. Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session | 0 | 20 |
Aims |
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This module is designed to develop a technical and in-depth understanding of entrepreneurial finance as a discipline. The function of entrepreneurial finance around the globe is also examined Students will expand their financial management repertoire to include an understanding of non-traditional sources of financing to meet an entrepreneurial firm's growth and operational needs. |
Learning Outcomes |
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(LO1) Compare and critically analyse alternative methods for financing so as to identify how to source finance for specific entrepreneurial ventures. |
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(LO2) Understand the goals and objectives of different providers of financing of funding. |
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(LO3) Apply knowledge of entrepreneurship and finance to create global business opportunities, taking into account the interrelatedness of ethical behaviour, social responsibility and entrepreneurial strategy. |
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(LO4) Prepare a financing plan plus determine the costs of capital and thereby apply alternate methods of business valuation. |
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(LO5) Analyse and critically evaluate the risk return link between entrepreneurship, innovation and wealth creation. |
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(LO6) Critically evaluate an early stage business proposal from the perspective of both the entrepreneur and the investor. |
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(S1) Communication Skills: Students will have opportunities to develop written and oral communication skills through group discussions, in-class presentations and coursework. This will be assessed by written assignments, reports the dissertation and short individual and group presentations. |
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(S2) Problem Solving and Decision Making: Students will be challenged to think critically about organisational issues and dilemmas. They will do this by gathering and synthesising information, analysing alternative perspectives and options and presenting a considered opinion or course of action in their course assessment. |
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(S3) Information and Communication Technology Skills: Students will have opportunities to improve their ICT skills. Students will demonstrate skills in the use of software applications including word processing, visual presentations, data bases, econometric packages, spreadsheets and using the internet for information searches in the course of researching and presenting coursework. |
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(S4) Personal Effectiveness: This applies to all modules where students will be encouraged to think critically about theory and practice and to challenge and critique assumptions about management, economic and financial theory. |
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(S5) Time management. This applies to all modules of the programme and is relevant for planning scheduled work and meeting assessment deadlines. This will be evident in the students’ independent management of their assignments and coursework and by meeting coursework deadlines. |
Teaching and Learning Strategies |
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Teaching Method 1 - Virtual classroom hours (for online modules) Teaching Method 2 - Non-classroom hours (for online modules) |
Syllabus |
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The nature of entrepreneurship and sources of business ideas Financial performance Valuation and risk, plus securities law and financing The application of securities law to entrepreneurial ventures Financing options and venture capital Capital structures Harvesting business ventures and turning around financially troubled ventures Financial distress and effective exit strategies |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |