Geomatic Engineering | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code: | FNS406 | ||||||||
Course Name: | Entrepreneurship Finance | ||||||||
Course Semester: | Fall | ||||||||
Course Credits: |
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Language of instruction: | TR | ||||||||
Course Requisites: | |||||||||
Does the Course Require Work Experience?: | No | ||||||||
Type of course: | Compulsory | ||||||||
Course Level: |
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Mode of Delivery: | Face to face | ||||||||
Course Coordinator : | Dr.Öğr.Üyesi TURGAY MÜNYAS | ||||||||
Course Lecturer(s): |
Dr.Öğr.Üyesi TURGAY MÜNYAS |
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Course Assistants: |
Course Objectives: | The objective of this course is to introduce the topics of business evaluation; capital structure; sources of funding; investment valuation; analysis, prioritization and selection of investment projects; real options; working capital management; cash flow management; venture capital funds; term sheets; due diligence; initial public offerings; mergers and acquisitions; growth management. |
Course Content: | Business evaluation; capital structure; sources of funding; investment valuation; analysis, prioritization and selection of investment projects; real options; working capital management; cash flow management; venture capital funds; term sheets; due diligence; initial public offerings; mergers and acquisitions; growth management. |
The students who have succeeded in this course;
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Week | Subject | Related Preparation |
1) | • Describe the course. • Welcome and course introduction • Define the entrepreneurial process and the entrepreneur. • Explain the sources of the entrepreneurial opportunities. • Define the principles of entrepreneurial opportunities.• • Explain syllabus • Who is an entrepreneur? • Entrepreneurial traits and characteristics • Six principles of entrepreneurial finance. | none |
2) | • Recognize the role of entrepreneurial finance. • Identify the successful venture life cycle. • Explain financing through the venture life cycle • Discuss life cycle approach for teaching entrepreneurial finance • Venture Life Cycles: Development stage • Venture Life Cycles: Startup stage • Venture Life Cycles: Survival stage • Venture Life Cycles: Rapid-Growth stage • Venture Life Cycles: Early maturity stage • Seed financing • First-round financing • Second-round financing • Mezzanine financing • Liquidity stage financing • Seasoned financing | Review the syllabus. Read, in Leach and Melicher, chapter 1, p.3-41 |
3) | • Recognize the development of business idea • Identify the sound business model • Analyze the best practices of successful entrepreneurial ventures • Explain time-to-market and other timing implications • Process for identifying business opportunities. • Sound business model components 1: The business model must generate revenues • Sound business model components 2: The business model must make profits. • Sound business model components 3: The business model must produce free cash flows • Best marketing practices. • Best financing practices • Best production or operating practices. | Read, in Leach and Melicher, chapter 2, p.41-89 Review the lecture notes. |
Course Notes / Textbooks: | Entrepreneurial Finance J. Chris Leach and Ronald W. Melicher, 5th ed., Cengage Learning, 2015 ISBN-13: 978-1-285-42575-7 |
References: | Principles of Corporate Finance Richard A. Brealey, Stewart C. Myers and Franklin Alen, 10th ed., McGraw-Hill Irwin, 2011 ISBN 978-0-07-353073-5 Girişimcilik Finansmanı Gülüzar Kurt Gümüş ve Ceyda Yerdelen Kaygın, Gazi Kitabevi, Ankara, 2021, ISBN 9786258494976 |
Learning Outcomes | 1 |
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3 |
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Program Outcomes | ||||||||||
1) Awareness of professional and ethical responsibility. | ||||||||||
2) Adequate knowledge in mathematics, science and engineering subjects pertaining to the relevant discipline; ability to use theoretical and applied information in these areas to model and solve engineering problems. | ||||||||||
3) Ability to communicate effectively i Turkish, both orally and in writing; knowledge of a minimum of one foreign language. | ||||||||||
4) Information about business life practices such as project management, risk management, and change management; awareness of entrepreneurship, innovation, and sustainable development. | ||||||||||
5) Ability to design a complex system, process, device or product under realistic constraints and conditions, in such a way so as to meet the desired result; ability to apply modern design methods for this purpose. (Realistic constraints and conditions may include factors such as economic and environmental issues, sustainability, manufacturability, ethics, health, safety isuues, and social and political issues according to the nature of the design.) | ||||||||||
6) Ability to work efficiently in intra-disciplinary and multi-disciplinary teams; ability to work individually. | ||||||||||
7) Ability to devise, select, and use modern techniques and tools needed for engineering practice; ability to employ information technologies effectively. | ||||||||||
8) Ability to identify, formulate, and solve complex engineering problems; ability to select and apply proper analysis and modelling methods for this purpose. | ||||||||||
9) Knowledge about contemporary issues and the global and societal effects of engineering practices on health, environment, and safety; awareness of the legal consequences of engineering solutions. | ||||||||||
10) Recognition of the need for lifelong learning; ability to access information, to follow developments in science and technology, and to continue to educate him/herself. | ||||||||||
11) Ability to design and conduct experiments, gather data, analyse and interpret results for investigating engineering problems. |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | Awareness of professional and ethical responsibility. | |
2) | Adequate knowledge in mathematics, science and engineering subjects pertaining to the relevant discipline; ability to use theoretical and applied information in these areas to model and solve engineering problems. | |
3) | Ability to communicate effectively i Turkish, both orally and in writing; knowledge of a minimum of one foreign language. | |
4) | Information about business life practices such as project management, risk management, and change management; awareness of entrepreneurship, innovation, and sustainable development. | |
5) | Ability to design a complex system, process, device or product under realistic constraints and conditions, in such a way so as to meet the desired result; ability to apply modern design methods for this purpose. (Realistic constraints and conditions may include factors such as economic and environmental issues, sustainability, manufacturability, ethics, health, safety isuues, and social and political issues according to the nature of the design.) | |
6) | Ability to work efficiently in intra-disciplinary and multi-disciplinary teams; ability to work individually. | |
7) | Ability to devise, select, and use modern techniques and tools needed for engineering practice; ability to employ information technologies effectively. | |
8) | Ability to identify, formulate, and solve complex engineering problems; ability to select and apply proper analysis and modelling methods for this purpose. | |
9) | Knowledge about contemporary issues and the global and societal effects of engineering practices on health, environment, and safety; awareness of the legal consequences of engineering solutions. | |
10) | Recognition of the need for lifelong learning; ability to access information, to follow developments in science and technology, and to continue to educate him/herself. | |
11) | Ability to design and conduct experiments, gather data, analyse and interpret results for investigating engineering problems. |
Brainstorming/ Six tihnking hats | |
Individual study and homework | |
Lesson | |
Homework | |
Project preparation |
Oral Examination | |
Homework | |
Application | |
Observation | |
Individual Project | |
Group project |
Semester Requirements | Number of Activities | Level of Contribution |
Midterms | 1 | % 40 |
Final | 1 | % 60 |
total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 40 | |
PERCENTAGE OF FINAL WORK | % 60 | |
total | % 100 |
Activities | Number of Activities | Workload |
Course Hours | 16 | 48 |
Study Hours Out of Class | 16 | 64 |
Project | 1 | 12 |
Homework Assignments | 4 | 8 |
Quizzes | 2 | 1 |
Midterms | 1 | 15 |
Final | 1 | 22 |
Total Workload | 170 |