Course Description
This course will focus on providing a framework for understanding the need for capital and/or other assets when starting a new Venture. It also specifically covers the capital raising strategies of bootstrapping, equity financing, and debt financing. The benefits and constraints of each are covered, including exit strategies. (3 credits)
Prerequisites
- MGT 350: Entrepreneurship
- ENG 101: English Composition 1
- ENG 102: English Composition 2
Student Learning Outcomes (SLOs)
Students who successfully complete this course will be able to:
- Assess and explain why capital and other assets are required for all successful entrepreneurial start-up ventures.
- Assess and analyze the basics of cash-flow, the need to track operational costs, and the meaning and how-to of preparing pro-forma financial statements.
- Assess, document and measure the competitive marketplace and pricing through the use of a competitive matrix, with a focus on revising the Business and Marketing Plan (re-cover from MGT 350).
- Assess and discriminate between the benefits and constraints of Bootstrapping, Equity Financing, and Debt Financing.
Course Activities and Grading
| Assignments | Points | Weight |
|---|---|---|
Initial Discussion Posts (6 points/week) | 48 | 20% |
Responses to Ongoing Discussion (7 points/week) | 56 | 22% |
Weekly Self-Reflection on Learning (3 points/week) | 24 | 10% |
Written Assignment One (Week 5) | 42 | 16% |
Written Assignment Two (Week 8) | 80 | 32% |
Total | 250 | 100% |
Required Textbooks
Available through Charter Oak State College's Book Bundle
- Cornwall, J. R., Vang, D. O., & Hartman, J. M. (2020). Entrepreneurial Financial Management: An Applied Approach. 5th ed. M.E. Sharpe. ISBN-13: 978-0-367-33542-7
Note: This is a print on demand book. Order as soon as possible to ensure the book arrives by the start of the course.
Course Schedule
Week | SLOs | Readings and Exercises | Assignments |
1 | 1 | Topic: The Need for New Venture Financing
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2 | 2 | Topic: Fundamental Financial Tools
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3 | 2 | Topic: Forecasting for Financials
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4 | 3 | Topic: Review of the Fundamentals of Entrepreneurship
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5 | 4 | Topic: Bootstrapping
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6 | 4 | Topic: Equity Financing
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7 | 4 | Topic: Debt Financing
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8 | 1-4 | Topic: Financing Over the Life of the Venture
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COSC Accessibility Statement
Charter Oak State College encourages students with disabilities, including non-visible disabilities such as chronic diseases, learning disabilities, head injury, attention deficit/hyperactive disorder, or psychiatric disabilities, to discuss appropriate accommodations with the Office of Accessibility Services at OAS@charteroak.edu.
COSC Policies, Course Policies, Academic Support Services and Resources
Students are responsible for knowing all Charter Oak State College (COSC) institutional policies, course-specific policies, procedures, and available academic support services and resources. Please see COSC Policies for COSC institutional policies, and see also specific policies related to this course. See COSC Resources for information regarding available academic support services and resources.