Information on individual educational components (ECTS-Course descriptions) per semester

Degree programme: Bachelor International Business Part-time
Type of degree: FH Bachelor´s Degree Programme
Part-time
Winter Semester 2021

Course unit title Early Stage Financing
Course unit code 025027052002
Language of instruction English
Type of course unit (compulsory, optional) Compulsory optional
Semester when the course unit is delivered Winter Semester 2021
Teaching hours per week 2
Year of study 2021
Number of ECTS credits allocated First Cycle (Bachelor)
Number of ECTS credits allocated 3
Name of lecturer(s) Lisa-Marie FASSL


Prerequisites and co-requisites

Basics of the module Accounting & Finance


Course content

 

 

  • 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

 


Learning outcomes

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.

Planned learning activities and teaching methods

Lecture, discussions and educational conversations, exercises and case studies


Assessment methods and criteria

40 % Attendance and Participation during the Sessions

60 % Post-assignments in groups


Comment

None


Recommended or required reading

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.


Mode of delivery (face-to-face, distance learning)

Face-to-face