Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

After completing the course, the students will understand essential aspects of start-up company financial management.

Credits: 6

Schedule: 01.03.2021 - 08.04.2021

Teacher in charge (valid 01.08.2020-31.07.2022): Jari Melgin

Teacher in charge (applies in this implementation): Jari Melgin

Contact information for the course (applies in this implementation):

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

English.

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • Valid 01.08.2020-31.07.2022:

    1. From business idea to a start-up company

    Strategic business analysis

    Building successful teams - Motivation and incentives

    2. Basics of financial management

    Financial and management accounting

    Working with third-party vendors (accounting offices)

    3. Finding risk capital

    FFF

    Angel investors

    Crowdfunding

    Private equity / venture capital

    “soft money”

    Banks and other creditors

    4. Financial forecasting and liquidity management

    5. Legal aspects

    IPR - Creating and safeguarding your core ideas

    Shareholders’ agreements

    6. Governance

    Working with outside investors

    Working with a board

Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    Exercises 75 %

    Active participation in the class work and team exercises 25 %

Workload
  • Valid 01.08.2020-31.07.2022:

    Participation in lectures and in-class exercises, 36 h

    Weekly exercises and team projects, 124 h

DETAILS

Study Material
  • Valid 01.08.2020-31.07.2022:

    Readings and case materials announced at the beginning of the course.

Prerequisites
  • Valid 01.08.2020-31.07.2022:

    Bachelor’s degree