FNS406 Entrepreneurship FinanceIstanbul Okan UniversityDegree Programs PsychologyGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Psychology
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

General course introduction information

Course Code: FNS406
Course Name: Entrepreneurship Finance
Course Semester: Spring
Course Credits:
Theoretical Practical Credit ECTS
3 0 3 6
Language of instruction: TR
Course Requisites:
Does the Course Require Work Experience?: No
Type of course: Common Pool
Course Level:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator : Dr.Öğr.Üyesi TURGAY MÜNYAS
Course Lecturer(s): Dr.Öğr.Üyesi TURGAY MÜNYAS
Course Assistants:

Course Objective and Content

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.

Learning Outcomes

The students who have succeeded in this course;
Learning Outcomes
1 - Knowledge
Theoretical - Conceptual
1) • Introduce the key concepts and issues in entrepreneurial finance.
2) • Identify the opportunities and threats arising in venture capitals.
3) • Analyze the types and specifics of financing sources.
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
Competence to Work Independently and Take Responsibility

Lesson Plan

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.

Sources

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

Course-Program Learning Outcome Relationship

Learning Outcomes

1

2

3

Program Outcomes
1) Graduates acquire profound knowledge about the basic theories of psychology and gain the ability to use this equipment effectively on the field
2) With the readings and discussions included in the department courses, our students graduate as individuals who can think critically, question and express their opinion in the professional and social fields.
3) Graduates gain a strong background in research and practice with the methodology education they receive.
4) Since thirty percent of the courses are taught in English, our graduates acquire a proficiency in reading, speaking and writing in English.
5) Students graduate as individuals who are able to follow and willing to contribute to the developments in the field.
6) Students will graduate with the awareness of the ethical concerns that are crucial to have while working in the field and in academia.

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Graduates acquire profound knowledge about the basic theories of psychology and gain the ability to use this equipment effectively on the field
2) With the readings and discussions included in the department courses, our students graduate as individuals who can think critically, question and express their opinion in the professional and social fields.
3) Graduates gain a strong background in research and practice with the methodology education they receive.
4) Since thirty percent of the courses are taught in English, our graduates acquire a proficiency in reading, speaking and writing in English.
5) Students graduate as individuals who are able to follow and willing to contribute to the developments in the field.
6) Students will graduate with the awareness of the ethical concerns that are crucial to have while working in the field and in academia.

Learning Activity and Teaching Methods

Brainstorming/ Six tihnking hats
Individual study and homework
Lesson
Homework
Project preparation

Assessment & Grading Methods and Criteria

Oral Examination
Homework
Application
Observation
Individual Project
Group project

Assessment & Grading

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

Workload and ECTS Credit Grading

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