Early Stage Financing
| Degree programme | International Business Administration |
| Subject area | Business and Management |
| Type of degree | Bachelor Full-time Winter Semester 2023 |
| Course unit title | Early Stage Financing |
| Course unit code | 025017052002 |
| Language of instruction | English |
| Type of course unit (compulsory, optional) | Compulsory optional |
| Teaching hours per week | 2 |
| Year of study | 2023 |
| Level of the course / module according to the curriculum | |
| Number of ECTS credits allocated | 3 |
| Name of lecturer(s) | Katharina EHRENFELLNER |
Basics of the module Accounting & Finance
- Life cycles of companies
- Elements of a financial plan
- Differences between equity and debt financing
- Outline of instruments of self-financing and debt financing
- In-depth presentation of mezzanine financing instruments
- Alternative funding, crowdfunding, venture capital
Knowledge
- Students know the representation of a companys life cycle.
- Students can name essential instruments of equity and debt financing
- Students know essential parameters for corporate ratings.
- Students know the central components of a financial plan.
- Students know terms and definitions in the context of startup financing, for example venture capital, business angels, seed financing etc.
Comprehension
- Students understand the relationship between credit-worthiness and refinancing costs.
- Students are able to evaluate advantages and disadvantages, opportunities and risks of financial instruments.
- Students are aware of special financial requirements in the early stages of the company and are able to explain them.
Application
- Students can create a financial plan.
- They can specifically apply instruments necessary for the startup phase.
Analysis
- Students are able to evaluate opportunities and risks depending on financing alternatives of the business environment.
Lecture, discussions and educational conversations, exercises and case studies
40 % Attendance and Participation during the Sessions
60 % Post-assignment in groups
None
Brealey, Richard A.; Myers, Stewart C. (2011): Principles of Corporate Finance. 11. Auflage. Maidenhead. Berkshire: McGraw-Hill Higher Education.
Hahn, Christopher (2013): Finanzierung und Besteuerung von Start-up-Unternehmen. Praxisbuch für erfolgreiche Gründer. Wiesbaden: Springer Gabler.
Schneck, Otmar (2006): Handbuch Alternative Finanzierungsinstrumente. Weinheim: Wiley.
Face-to-face