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: 28.02.2022 - 07.04.2022

Teacher in charge (valid for whole curriculum period):

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

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

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • valid for whole curriculum period:

    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 for whole curriculum period:

    Exercises 75 %

    Active participation in the class work and team exercises 25 %

Workload
  • valid for whole curriculum period:

    Participation in lectures and in-class exercises, 36 h

    Weekly exercises and team projects, 124 h

DETAILS

Substitutes for Courses
Prerequisites

FURTHER INFORMATION

Further Information
  • valid for whole curriculum period:

    The Start-up financial management course is intended for any master's level student at Aalto University, interested in how to build up and manage a start-up company. The focus of the course is on actual business management, and existing project ideas from students are suitable as cases for the course. School of Business students are also welcome to the course. However, a part of the course overlaps subjects covered in other mandatory courses for Accounting majors. This is a pilot Aalto-level course and detailed planning may lead to further evolution of the course content and structure.

    Teaching Language : English

    Teaching Period : 2022-2023 No teaching
    2023-2024 No teaching

    Enrollment :

    Registration for courses: in Sisu.
    Maximum of 60 students can be accepted in the course. If more students enroll priority is given to master's level students.