Entrepreneurial Finance

AY2021/2022 Semester 1

The course is not only relevant for would-be entrepreneurs, but also for those considering a career in commercial banking, investment banking, private equity investment, venture capital investment, and corporate venture investment. This course differs from a typical corporate finance course in that it highlights the special and unique considerations when planning the financial needs of new ventures and young companies. Many typical avenues of funding (such as bank borrowing, issuing of bonds or issuing of liquid equities) for established or public listed companies are usually not available to small and young companies due to the lack of business track record. The analyses and requirements of investors who are considering providing finances to small and young companies may also be different from that of public equity investments. This course will enable students who intend to initiate entrepreneurial ventures after graduation to explore fund raising opportunities for their ventures from professional investors. This course will also benefit students who intend to pursue careers in the venture capital industry.