Course Code : FIN 406

Course Title : Entrepreneurial Finance

Marks: 100

Credit: 3.00 hours

Course Objectives:

This course will focus on financing issues facing new, young, and small business ventures. The
course is intended for both entrepreneurs and managers in these types of ventures. This course
will go in depth on how to analyze financial statements, create financial forecasts, and valuate
these types of ventures. Students will study the tools and methods used in determining how
much money a venture actually needs in order to be viable. Further, this course will experience
the learners to explore tools and approaches used when selling an idea to potential investors.
Attention will be devoted to the different types of financing alternatives available to new,
young, and small ventures. In addition, learners will explore issues involved in negotiating deals
and in formulating deal structures. Finally, the course will introduce the learners with the
realization of returns through various exit and turnaround strategies.

Course Content:

Unit-1: Getting Started

Topic-1: Introduction and Overview

Topic-2: From the Idea to the Business Plan & Organizing a New Venture

Topic-3: Organizing and Financing a new Venture: Consideration and choices

Unit-2: Financial Forecasting and Assessing Financial Need / (Planning for the Future)

Topic-4: Methods of Financial Forecasting: Revenue

Topic -5: Methods of Financial Forecasting: Integrated Financial Modeling

Topic -6: Assessing the Financial Needs

Unit-3 : Creating and Recognizing Venture Value

Topic-7: Foundations of New Venture Valuation

Topic -8: Valuation in Practice

Unit-4: Structuring Financing for the Growing Venture

 Topic-9: Professional Venture Capital /venture capital

Topic -10: Choice of Financing

Unit-5: Exit and Turnaround Strategies/ Harvesting and Beyond

Topic-11: Harvesting the Business venture investment

Topic-12: The Future Entrepreneurial Finance: A global perspective

Course materialization Plan / Practical Project/Case Study :

• Financial Plan (Individual)

Each student will produce a financial plan geared at obtaining funding for a new business
venture. An excel spreadsheet that includes 5-year annual balance sheet, income statement,
and cash flow summary statements for your new firm as well as monthly summary statements
for your first year and quarterly summary statements for years 2-5.

• Funding Proposal (Group)

This is a group project in which each group will write an investor proposal and present their
proposal to the class. The aim of the investor proposal is to obtain financing for your firm from
the type of investor of their choice.

Each group must produce:

3 page description of the business (summary only – so include enough detail so the reader can
understand the main activities and focus of the business) 5-year annual balance sheet, incomes
statement, and cash flow summary sheets for your first year and quarterly summary statements
for years 2-5 , Detail explanation of the assumptions that drive the financials Proposed term
sheet , Analysis of why this funding source was chosen Presentation to be given to the class,
including valuation analysis .

Text Book

1. Entrepreneurial Finance by J . Chris Leach & Ronald W. Melicher , , 4th Edition (2012) , South-
Western Cengage Learning.
2. Entrepreneurial Finance-Strategy, Valuation, and Deal Structure by Janet Smith, Richard Smith,
& Richard Bliss, 1st edition (2011) , Stanford University Press .

Supplementary Texts:

3. Entrepreneurial Finance: A Case Book by Paul A. Gompers & William Sahlman

 4. Entrepreneurship: Successfully Launching New Ventures, 3rd Edition, Bruce R. Barringer and R.
Duane
5. Ireland, Pearson Prentice Hall (2009).
6. Entrepreneurial Finance by, Phillip J. Adelman and Alan M. Marks , 6th Edition, Pearson
Prentice-Hall.
7. Entrepreneurial Finance by Richard L. Smith & Janet Kiholm Smith

Web Resources:

1. http://www.sup.org/book.cgi?id=18738
2. http://www.pdfbook.co.ke/download_manager.php?eid=4717&file=PBI4833.pdf&cover=4
 Course Code: FN 407

Course Title: Corporate Risk Management

Marks: 100

Credit: 3.00 hours

Course Objectives

Risk management has become an increasingly important area of finance and nowadays
attracts widespread attention in companies in various business sectors. This course will
apply corporate risk management methods using concepts from areas such as value at
risk, derivatives, hedging and financial engineering. Some of the markets studied will
include commodities, stocks, bonds, and currencies. Analytical methods to quantity
market risks, credit risks as well as operational risks will be covered in this course. This
course aims at training future managers to use the framework to actively manage the
financial risks their organization faces.

Course Outline:
1. Introduction:
Meaning of Risk, Source of Risk, Types of Risk, Techniques and Methods of Handling Risk, Risk
and Return for different sectors of the financial market

2. Risk Management:
Meaning, Objectives, Risk Management Process-Identification of Probable Risk Exposures,
Evaluating Potential Losses, Selecting the Appropriate Techniques, and Implement and
Administration.

3. Stock Market Risk:

Introduction, Parties to the Stock Market, Emergence of Stock Market Risk, Measurement of
Risk of Stock Market (Volatility), and Management of Stock Market Risk.

4. Interest Rate Risk:

Introduction, Measurement of Interest Rates, Trading Strategies for Managing Interest Rate
Risk, and Application of Portfolios.
 5. Insurance Companies and Risk Management:
Probable Risk handled, Different Policies for Handling Risk, Applications-Property, Business
Liability, Life and Fire.

6. Banks and Financial Institutions Risk

I. Bank Regulation and Basel II.
II. The VAR Measure.
III. Credit Risk.
IV. Operational Risk
V. Model Risk and Liquidity Risk.

Text Book:

Risk management and Financial Institution –John C. Hull.

Reference Book:

Principles of Risk Management and Insurance- George E. Rejda.

 Course Code: FIN (BSRM) 408
Course Title: : Business Research Methodology

Marks: 100

Credit: 3.00 hours

Course Objectives:

The course has been designed in order to develop research skills in students so that they can undertake
and conduct research independently or group wise successfully. After completion of Business Research
Method, students are expected to be able to:

a. Define the research problem;

b. Conduct a literature review;
c. Identify variables and understand levels of data;
d. Develop purpose statements;
e. Develop research questions, hypotheses, central questions, and sub questions;
f. Understand and identify quantitative and qualitative research designs;
g. Identify statistical methods for data analysis;
h. Develop research methodologies;
i. Use appropriate manuscript writing procedures (i.e. APA);
j. Competency Goals Statements (certification or standards)
k) Conduct critical research as an individual or as a team member, and critically evaluate previous
research in selected topics.
l) Develop a research proposal in which the problem, purpose, research questions, and
hypotheses are clearly defined.
m) Develop an appropriate methodology section including the proper identification
of populations, samples/sample sizes, research procedures, and statistical methods.

Course Outline

1. Introduction: Business Research–Definition, Objectives, Features and Significance; Research

Methods and Methodology, Classification of research, Research Process, Role of Theory in Business
Research and Research Philosophy.

2. Research Problem and Selection of Research Areas: Research Problem–Definition, Selection and
Techniques of Defining Research problem; Analysis of Business Problems within a Sociological
Framework.
3. Research Hypothesis –Definition, Features, Types, Development of Research Hypothesis, Terms,
Techniques and Procedure of Testing Hypothesis.

4. Research Design and Measurements: Research Design–Definition, Features, Types of Research

Design, Types of Experimental Design, Validity of Findings–Internal and External Validity; Variables in
Research; Measurement and Scaling-Different Scales; Construction of instrument-validity and
Reliability of Instrument.

5. Data Collection: Data- Definition, Types & Methods of Data collection.

Questionnaire- Definition, Types, Construction of Questionnaires and Instrument, and Validation of
Questionnaires.

Sampling Plan –Sample Size-Determinants of Optimal, Sample Size, and Sampling Techniques/
Methods.

6. Data Processing and Analysis: Data Processing –Editing, Coding, Classifying and Tabulating Data,
Methods of Analysis and Use of Statistical Software for Data Analysis. Techniques of Data Analysis-
Bivariate and multivariate Statistical techniques, Factory Analysis, Discriminant Analysis, Cluster
Analysis, Multiple Regression and Correlation and Multidimensional scaling.

7. Testing Hypothesis: Parametric and Non- Parametric Test and Application of these for Drawing
Inference

8. Model Building & Decision Making in Business :

Models–Definition, Types, and Process of Developing Models, Business Models and Decision Making
Practices.

9. Report Design, writing, and Ethics in Business Research:

Research Proposal – Definition and Components-Preparation;

Research Report-Definition, Types, Contents of Report, Organization of the Report, Report Writing,
Report Format, Title of the Report.

Ethics in Research –Ethical Behavior of Research, Subjectivity and Objectivity of Research.

Text Books:
1. Business Research Methods, Donal R. Cooper and Pamela S. Schindler, 10th Edition, Tata McGraw hell.

Reference: 1. Business Research Methods, Alan Brifman and Emnis Bell, University Piers, New Delhi.

2. .Research Methodology-Methods & Techniques by C.R. Kothari.

3. Ahmad, Quazi Kholiquzzaman, Hoque, Khondokar, Abdul, Ahmed Salehuddin and

Khan, Abdur Rahim ed. Proceedings of the National Seminar on Social Science
Research Methodology, Dhaka: Bangladesh Social Science Research Council, 1983.
Research Methodology-Bangladesh Open University.

Course Code: FIN(SM) 409

Course Title: : Strategic Management

Marks: 100

Credit: 3.00 hours

Course Objective:

The course is designed to make students well equipped with the knowledge, analytical skills, development
of business strategies, etc. of competitive global business environment. Successful completion of this
course requires that the student achieve the following objectives:

Define key terms and concepts associated with strategic management

Describe the relationships between strategic planning and operational execution
Explain factors external and internal to an organization that influence the
development and execution of strategy

Explain strategic options that organizations can employ in different environments and
industries
Comprehend the influences of economic globalization on strategic management
Comprehend the relationships between strategy and organizational culture, change, leadership,
follower ship, ethics, social responsibility, and environmental sustainability
Apply strategic management knowledge in the analysis of actual business cases that pertain to
strategic planning and decision-making and
Assess the quality of documentation associated with developing and executing a real world
strategic plan.

Course Outline

Introduction to Strategic Management:

􀂃 Definition of strategy,

􀂃 Classification,

􀂃 Nature,

􀂃 Scope, and

􀂃 Importance of strategy.

Strategic Management Process:

􀂃 Vision statements,

􀂃 Mission statements,

􀂃 Values, Objectives,

􀂃 Management involvement,

􀂃 Strategic Plans, and

􀂃 Business Plans.

External Environment Evaluation:

􀂃 Components of the external environment,

􀂃 Driving forces behind industry changes,

􀂃 Market position of competitors,

􀂃 Strategic mapping,

􀂃 Key success factors in competition, and Marketing Plan

Internal Environment Evaluation

􀂃 Strategy success indicators,

􀂃 SWOT analysis,

􀂃 Value chain,

􀂃 Activity-based accounting, and

􀂃 Benchmarking.
Competitive Strategy Options

􀂃 Low-cost provider

􀂃 Broad differentiation

􀂃 Best-cost provider

􀂃 Focused/market niche

Competitive Strategy Supplements

􀂃 Strategic alliance and partnership

􀂃 Mergers and acquisition

Foreign Market Competition

􀂃 Factors affecting strategy

􀂃 Strategic options

Strategies for Diversified Organizations

􀂃 When and why diversify

􀂃 Diversification strategies

􀂃 Evaluating diversified company strategies

Ethical, Responsible, and Sustainable Strategies

􀂃 Definition of business ethics

􀂃 Management morality

􀂃 Causes of unethical behavior

􀂃 Ethical conduct management

􀂃 Social responsibility

􀂃 Environmental sustainability

Organizational Support to Strategy Execution

􀂃 Strategic framework

􀂃 Staffing

􀂃 Core competencies

􀂃 Organizing the work effort

􀂃 Role of Emotions

Organizational Support to Strategy Execution

􀂃 Managing internal operations

􀂃 Managing resources

􀂃 Policies and procedures

􀂃 Best practices

􀂃 Continuous improvement

Organizational Culture and Change

􀂃 Company culture features

􀂃 Culture type

􀂃 Organizational change

􀂃 Leadership styles

􀂃 Follower types

Text Books:

1. Thompson, A. A., Jr., Strickland, A. J., III, & Gamble, J.E. (2010). Crafting and Executing
Strategy: Text and Readings (17th ed.) New York: McGraw-Hill/Irwin.

References:

1. Introduction to Business Strategy By Tony Modern

2. Business Policy and Strategy: Concepts and Readings.
By McCarthy, Minchiello and Curran.

3. Business Policy By Azhar Kazmi

4. Business Policy text and Cases by C. Roland Christensen R. others.