Notice
As part of Phase 3 of our return to campus plan, most units will now run tutorials, seminars and other small group activities on campus, and most will keep an online version available to those students unable to return or those who choose to continue their studies online.
To check the availability of face-to-face and online activities for your unit, please go to timetable viewer. To check detailed information on unit assessments visit your unit's iLearn space or consult your unit convenor.
Unit convenor and teaching staff |
Unit convenor and teaching staff
Karl Rodrigues
Contact via Email
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Credit points |
Credit points
10
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Prerequisites |
Prerequisites
MGSM840 or MMBA8040 or AFCP801 or AFCP8001
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
Entrepreneurial Finance examines the theory and practice associated with the financing of new ventures. This unit explores sources of funding, risk, venture capital financing terms and models, value creation, and exits. This study of entrepreneurial finance will enhance your ability to finance and launch new ventures, from both the viewpoints of the entrepreneur and external investors.
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Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
No extensions will be granted. There will be a deduction of 10% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission – 20% penalty). This penalty does not apply for cases in which an application for Special Consideration is made and approved.
Name | Weighting | Hurdle | Due |
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Group Case Presentation | 15% | No | Refer to iLearn |
Group Case Term Sheet & Report | 15% | No | Refer to iLearn |
Individual Assignment | 30% | No | Refer to iLearn |
Final Examination | 40% | No | Refer to iLearn |
Assessment Type 1: Presentation
Indicative Time on Task 2: 10 hours
Due: Refer to iLearn
Weighting: 15%
Students will work on the case in a group and present individually in class.
Assessment Type 1: Report
Indicative Time on Task 2: 15 hours
Due: Refer to iLearn
Weighting: 15%
Based on the presentation of the group case studies from the earlier assessment, the group has to submit an agreed Term Sheet and a Report.
Assessment Type 1: Project
Indicative Time on Task 2: 20 hours
Due: Refer to iLearn
Weighting: 30%
Students will be required to submit answers for an individual short answer and calculation question set.
Assessment Type 1: Examination
Indicative Time on Task 2: 15 hours
Due: Refer to iLearn
Weighting: 40%
An open book three hour examination will be held durin the University Examination Period.
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Required Text
Leach, J.C. & Melicher, R.W., Entrepreneurial Finance, 6th Edition, Cengage Learning, ISBN: 9781305968356
For information on textbook prices and online ordering, please refer to the Booktopia webpage at https://www.booktopia.com.au/entrepreneurial-finance-j-chris-leach/book/9781305968356.html
Unit Materials & Other Readings
Aside from the assigned textbook readings from the required text, all other reading materials are available at iLearn
MGSM iLearn
The web page for this unit can be found at: https://ilearn.mq.edu.au/login/MGSM
Essential Readings (Provided at iLearn) |
New Venture Financing Stevenson. H.H., & Roberts, M.J. (2002). New Venture Financing, Harvard Business School Publishing, Boston, pp. 1–13. |
Neverfail Computing (A) D’Heilly, D., Ebel, K., & Bygrave, W.D. (2004). Neverfail Computing, Babson College, Harvard Business School Publishing, Boston, pp. 1–22. |
Funding New Ventures: Valuation, Financing and Capitalization Tables Roberts, M.J. (2005). Funding New Ventures: Valuation, Financing and Capitalization Tables, Harvard Business School Publishing, Boston, pp. 1–5. |
Deal Structure and Deal Terms Roberts, M.J., & Stevenson. H.H. (2005). Deal Structure and Deal Terms, Harvard Business School Publishing, Boston, pp. 1–8. |
SpiffyTerm Inc. Hellmann. T. (2001). Spiffy Term, Inc.: January 2000, Stanford Graduate School of Business, Harvard Business School Publishing, Boston, pp. 1–12. |
The Failure Chronicles Various (2011). Harvard Business Review, Harvard Business Publishing |
Group Case Studies |
To be supplied at the start of class |
Individual Case Study |
To be supplied at the start of class |
Session |
Topic |
Reading |
1 |
Introduction and Context |
Leach & Melicher (Textbook) Chapters 1, 2 & 3 New Venture Financing |
2 |
Planning |
Leach & Melicher (Textbook) Chapters 4, 6 & 7 Neverfail (A) |
3 |
Valuation |
Leach & Melicher (Textbook) Chapters 9 & 10 Funding New Ventures: Valuation, Financing and Capital Tables |
4 |
Venture Capital |
Leach & Melicher (Textbook) Chapters 11 |
5 |
Term Sheets |
Deal Structure and Deal Terms |
6 |
Deal Financing Detail Workshop 1 |
Spiffy Term Inc. |
7 |
Deal Financing Detail Workshop 2 |
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8 |
Harvesting and Exits |
Leach & Melicher (Textbook) Chapters 15 (skim 16) The Failure Chronicles |
9 |
Presentations |
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10 |
Integration and Review |
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Unit information based on version 2021.03 of the Handbook