Financial Strategy for Start-ups (COM3MN201) — Syllabus & Course Structure

• Pre-requisites: A basic understanding of accounting concepts and financial statements.

Course Summary This course is designed to equip students with the knowledge and skills necessary to effectively manage the financial aspects of their ventures.

• Course Outcomes (CO): CO CO Statement Cognitive Level* Knowledge Category# Evaluation Tools used CO1 Build a basic foundation on concepts and theories of Financial Management for Entrepreneurs U C InstructorCreated Exams / Quiz CO2 Apply the theories of Financial Management to carry out the functions of Entrepreneurship Ap P Assignment Examinations CO3 Appreciate the importance of Financial management in managing a New Business Ap P Project Case study CO4 Demonstrate analytical and critical thinking required for financial decision making for Entrepreneurs An P Project
• - Remember (R), Understand (U), Apply (Ap), Analyse (An), Evaluate (E), Create (C) # - Factual Knowledge(F) Conceptual Knowledge (C) Procedural Knowledge (P) Metacognitive Knowledge (M) Detailed Syllabus:

Module Unit Content Hrs I Introduction to Financial Management 9 1 Financial Management-Definition and scope-Goals and objectives-Role in entrepreneurship 3 2 Time Value of Money-Present value and future value concepts Applications in financial decision-making 3 Module Unit Content Hrs 3 Calculating the cost of capital-Time value of money applications in financial decision-making 3 II Investment Decisions for Entrepreneurs 15 4 Capital Investment Evaluation Methods-Introduction to payback period method 3 5 Net present value method 3 6 Internal rate of return (simple problems only) 3 7 Capital Rationing and Project Selection-Allocating limited resources to projectsCriteria for project selection 3 8 Project cost calculation 3 III Working Capital Management for Entrepreneurs 11 9 Understanding Working Capital-Meaning and nature-Factors affecting working capital requirement 2 10 Determining Working Capital Requirement-(Simple problems only) 3 11 Basics of Cash Management 2 12 Inventory Management Techniques 2 13 Receivables Management 2 IV Financial Strategy 10 14 Financial Strategy for Growth- Scaling the business: Financial considerationsMergers, acquisitions, and strategic partnerships-Exit strategies for entrepreneurs 4 15 Introduction to Risk for Entrepreneurs-Types and sources of risk 2 16 Risk Management Strategies-Meaning, characteristics, and significance Objectives and principles 2 17 Practical Risk Management-Strategies for mitigating risk in entrepreneurship 2 V Open Ended Module-Practical Exercises 30

1. Case studies: Analyse real-world financial challenges faced by entrepreneurs through case studies

1. Financial: Modeling: Conduct workshops on financial modeling using spreadsheet software.

3. Group projects: Assign practical exercises to create budgets and financial forecasts for business

4. Conduct hands-on workshops on financial tools and technologies.

5. Create financial games that involve financial decision-making.

6. Organize visits to financial institutions or meet with financial advisors

7. Conduct seminar, Debate, Discussion relating to the course References

1. Cornwall, “Entrepreneurial Financial Management”, Laxmi Publications

2. Home, J.C. Van: "Financial Management and Policy". Prentice Hall of India, New Delhi.

3. R. S. Kulshrestha: Financial Management. Sahitya Bhawan.

4. R. P. Rastogi: Fundamentals of Financial Management, Galgotia Publications. New Delhi.

1. Ravi M: Kishore: Fundamentals of Financial Management. Tax man Publications.).

6. Battacharya, Hrishikas: Working Capital Management - Strategies and Techniques, Prentice Hall of India, New Delhi.

7. Jeffrey R. Cornwall David O Vang & Jean M. Hartman- Entrepreneurial Financial Management: An Applied Approach 4Th Edition - T&F India

1. Steven: Rogers, Entrepreneurial Finance: Finance and Business Strategies for the Serious Entrepreneur, 4th Edition,

McGraw Hill

9. W. M. Conradie, Welma Fourie, C. M. W. Fourie, Basic Financial Management for Entrepreneurs, Juta Publishers