FNS406 Entrepreneurship FinanceIstanbul Okan UniversityDegree Programs MedicineGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Medicine
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: Fall
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: University Elective
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) Describe the basic structure, development and normal mechanisms of the human in terms of molecules, cells, tissues, organs and systems
2) Investigates the abnormal structures and mechanisms in the human body, explains with the information depending on high quality scientific research, evaluates the reason of the diseases regarding in the interaction of the individual with his environment
3) Gain knowledge about basic and clinical medicine
4) Apply the knowledge, skills and attitudes required by the patient management in accordance with the modern medical concept.
5) Apply basic medical procedures necessary for diagnosis and treatment of diseases
6) Perform first level treatment for common diseases in the community based on scientific data and by using highly effective methods
7) Treat patients in emergency situations and transport the patient when needed
8) Perform preventive medicine and forensic medicine applications
9) Evaluate the effects of environmental factors on human health
10) Gain knowledge about the structure and functioning of the National Health System
11) Advocate for the health promotion, and development of health care services for the benefits of the individuals in the community
12) Define legal responsibilities and ethical principles
13) Act in accordance with professional values, ethical principles and legal regulations
14) Take responsibility for lifelong learning and personal assessment
15) Organize and attend to scientific meetings and conduct scientific projects
16) Know at least one common foreign language sufficient to keep up with current medical literature and communicate with peers; and use statistics and computer programmes to evaluate scientific studies

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Describe the basic structure, development and normal mechanisms of the human in terms of molecules, cells, tissues, organs and systems
2) Investigates the abnormal structures and mechanisms in the human body, explains with the information depending on high quality scientific research, evaluates the reason of the diseases regarding in the interaction of the individual with his environment
3) Gain knowledge about basic and clinical medicine
4) Apply the knowledge, skills and attitudes required by the patient management in accordance with the modern medical concept.
5) Apply basic medical procedures necessary for diagnosis and treatment of diseases
6) Perform first level treatment for common diseases in the community based on scientific data and by using highly effective methods
7) Treat patients in emergency situations and transport the patient when needed
8) Perform preventive medicine and forensic medicine applications
9) Evaluate the effects of environmental factors on human health
10) Gain knowledge about the structure and functioning of the National Health System
11) Advocate for the health promotion, and development of health care services for the benefits of the individuals in the community
12) Define legal responsibilities and ethical principles
13) Act in accordance with professional values, ethical principles and legal regulations
14) Take responsibility for lifelong learning and personal assessment
15) Organize and attend to scientific meetings and conduct scientific projects
16) Know at least one common foreign language sufficient to keep up with current medical literature and communicate with peers; and use statistics and computer programmes to evaluate scientific studies

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