ENTREPRENEURSHIP AND INNOVATION MANAGEMENT (ENGLISH, NON-THESIS, WEEKEND)
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
1)	To be able to comprehend the interdisciplinary interaction that the field is related to.
2)	To be able to use the theoretical and applied knowledge at the level of expertise acquired in the field.
3)	Being able to independently carry out a work that requires expertise in the field.
4)	To be able to critically evaluate the knowledge and skills acquired in the field of expertise and to direct their learning.
5)	Ability to critically analyze social relations and the norms directing these relations, develop them and take action to change them when necessary.
6)	To be able to use the knowledge, problem solving and/or application skills they have internalized in their field in interdisciplinary studies