MBA (ENGLISH, NON-THESIS)
Master TR-NQF-HE: Level 7 QF-EHEA: Second Cycle EQF-LLL: Level 7

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
EXM5500 Financial Issues in Entrepreneurship Spring 3 0 3 8
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction: English
Type of course: Departmental Elective
Course Level:
Mode of Delivery: Face to face
Course Coordinator :
Recommended Optional Program Components: None
Course Objectives: This course is on entrepreneurship and enterprise development, with attention paid to the formation and management of new-business ventures.

Learning Outcomes

The students who have succeeded in this course;
Construct, read and draw practical insights from the financial statements of a venture, and
especially the cash flow statement.
 Understand how to determine the amount of money an entrepreneur requires to successfully
start and operate a venture.
 Become familiar with the characteristics of the various debt and equity sources of financing and the factors which lenders/investors weigh most heavily when making investment decisions.

Course Content

The role of entrepreneurship; identification of new venture opportunities; location and market analysis; legal and tax aspects; sources of financing; financial analysis and planning for personnel and organizational structure; the legal form of organization; intellectual property and copyrights; buy-sell agreements are topics covered in this course.

Weekly Detailed Course Contents

Week Subject Related Preparation
1) The role of entrepreneurship, Writing and creating a business plan Reading
2) Legal form of organization, intellectual property and copyrights Reading
3) Legal and Tax Aspects, Transfer Pricing Reading
4) Business Cycles, Market Analysis, Costs Reading
5) Strategies effecticng cash conversion Reading
6) Exchange rate risk, forward, futures, swap, option, hedging Reading
7) Financial modeling, cash flows, financial models for capital decisions Reading
8) Mid term Reading
9) Working Capital Management Reading
10) Strategies for Short-Term and Long Term Financing Reading
11) Merger and Satın Alma Reading
12) Discounted Cash Flow Reading
13) Final Presentations Reading
14) Final Presentations Reading

Sources

Course Notes / Textbooks: Powerpoint Slides prepared by the Lecturer
HBR case: The Questions Every Entrepreneur Must Answer by Amar Bhide
HBR case: How Entrepreneurs Craft Strategies That Work by Amar Bhide
HBR case: How to Write a Great Business Plan by Willian A Sahlman
HBPress : Creating a Business Plan ISBN-13: 978-1-4221-6687-1
HBR case : Legal Forms of Organization by Michael J. Roberts

HBR case : Intellectual Property and Strategy by David B. Yoffie, Debbie Freier

Transfer Pricing in Multinational Corporations : Prepared by the Lecturer
HBR Case: ECCO A/S - Global Value Chain Management by Bo Nielsen, Torban Pedersen, Jacob Pyndt

HBR Case : Leveraged Buyout (LBO) of BCE.: Hedging Security Risk by Colette Southam, Ahsen Amir-Ali, Samir Meghji
References: HBR Case : Tightly Manage Cash Flows and Liquidity: Strategies for Turbulent Times by Darrell Rigby, David Sweig

Powerpoint Slides
Ivey Case: A Note on Mergers and Acquisitions and Valuation, Richard Ivey School of Business, 95B023
HBR Case: Bet-the-Company Deals: Mergers, Alliances, and Outsourcing by Danny Ertel, Mark Gordon

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance 10 % 10
Midterms 1 % 40
Final 1 % 50
Total % 100
PERCENTAGE OF SEMESTER WORK % 50
PERCENTAGE OF FINAL WORK % 50
Total % 100

ECTS / Workload Table

Activities Number of Activities Workload
Course Hours 14 42
Application 13 48
Study Hours Out of Class 14 77
Presentations / Seminar 2 4
Homework Assignments 1 2
Final 1 2
Total Workload 175

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
0) Developing strategies, policies and implementation plans to address the issues in the fields of business administration and management, and evaluating the consequences according to the processes of quality,
1) Broadening and deepening the knowledge about business administration at the master’s level based on the undergraduate level qualifications,
1) 1) Developing strategies, policies and implementation plans to address the issues in the fields of business administration and management, and evaluating the consequences according to the processes of quality, 2) Broadening and deepening the knowledge about business administration at the master’s level based on the undergraduate level qualifications, 3) Comprehending the interaction across various disciplines related to the field of business administration, and evaluating the knowledge and skills gained on an interdisciplinary dimension, 4) Using theoretical and practical information and skills gained at the expertise level in the field business administration, 5) Analyzing problems requiring expertise in the field business administration by using scientific research methods, 6) Evaluating a problem in the business administration field independently, developing a way for solution, solving the problem and evaluating the results, 7) Developing new strategic approaches to solve unforeseen complex issues in the business administration field through integrative and creative elaboration, 8) Evaluating the knowledge related to the field of business administration through critical perspective, 9) Communicating systematically the recent developments and one’s individual studies in the field of business administration to the groups within and outside the field via written, oral and visual presentations, 10) Analyzing the social relations and the norms through critical perspective, developing effective relations, training leaders who are capable of sustaining these social relations, applying teamwork and managing risk and change in the field of business administration.
2) Comprehending the interaction across various disciplines related to the field of business administration, and evaluating the knowledge and skills gained on an interdisciplinary dimension,
3) Using theoretical and practical information and skills gained at the expertise level in the field business administration,
4) Analyzing problems requiring expertise in the field business administration by using scientific research methods,
5) Evaluating a problem in the business administration field independently, developing a way for solution, solving the problem and evaluating the results,
6) Developing new strategic approaches to solve unforeseen complex issues in the business administration field through integrative and creative elaboration,
7) Evaluating the knowledge related to the field of business administration through critical perspective,
8) Communicating systematically the recent developments and one’s individual studies in the field of business administration to the groups within and outside the field via written, oral and visual presentations,
9) Analyzing the social relations and the norms through critical perspective, developing effective relations, training leaders who are capable of sustaining these social relations, applying teamwork and managing risk and change in the field of business administration.