Предпринимательские финансы

2026/2027

Статус: Маго-лего

Кто читает: Школа финансов

Где читается: Факультет экономических наук

Охват аудитории: для своего кампуса

Преподаватели: Гусева Ольга Александровна

Язык: русский

Кредиты: 6

Контактные часы: 36

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Аннотация

Financing a new venture is considered to be one of the main barriers facing the entrepreneurs in both developed and developing markets. Although the basic concepts of corporate finance course are relevant for startup funding, special aspects of investing in startup (such as opacity, illiquidity and specificity) require deeper understanding of venture capital markets and entrepreneurs’ activities. This course covers financing process during all stages of startup life cycle and is designed for students who are interested in entrepreneurship as startup founder, employee or investor. The course provides students with theoretical concepts of entrepreneurial finance and uses case-oriented approach to demonstrate problems facing entrepreneurs and venture investors.

Цель освоения дисциплины

Provide students with a broad understanding of concepts in entrepreneurial finance and explain special aspects of funding new ventures as opposed to financing of mature companies considered in standard corporate finance theory
Provide students with a framework for making decisions about financing of a new venture from entrepreneur’s and investor’s points
Explain the difference between types of venture investors and institutions involved in financing of new ventures
Prepare students to make effective presentations of investment opportunities from entrepreneur’s and investor’s side

Планируемые результаты обучения

Analyze and compare financing choices for new ventures, including types and sources of financing
Apply methods of valuation for a venture at early stages of life cycle
Identify exit strategies and explain venture harvesting processes
Develop communication and presentation skills for capital raising, formulating business plan, strategies
Evaluate challenges and discuss risks facing entrepreneurs in developed and developing markets
Make effective decisions about new venture financing and harvesting

Содержание учебной дисциплины

1. Introduction to entrepreneurial finance
2. Entrepreneurial characteristics. Corporate governance and entrepreneurial firms.
4. Financing options of a new venture
3. New venture life cycle. Unit economics
5. New venture valuation
6. Venture capital and private equity finance
7. Deal terms
8. Exit options.

Элементы контроля

Valuation exercise
Exercise
In-class presentation
Active participation in course
Final presentation

Промежуточная аттестация

2026/2027 2nd module
0.2 * Exercise + 0.15 * In-class presentation + 0.4 * Final presentation + 0.1 * Valuation exercise + 0.15 * Active participation in course

Список литературы

Авторы

Гусева Ольга Александровна

Программа дисциплины