COURSE DESCRIPTION | ||||
College | College of Administrative & Financial Sciences | Department | Finance | |
Course Name | Small Business Financing | Course Code: | FIN421 | |
Credit Hours | 3 | Contact Hours | 3 | |
Language | Arabic | English | ||
Track | College Req. | Dep. Req. | § Concentration | |
Level | Level 6, 7, 8 | Prerequisite | FIN101 | |
Course Description: This course on small business finance covers both the investment and the financing decisions the decision to launch or invest in a small business and how a small firm may be financed. It examines issues such as choosing between sources of financing small business, getting liquidity, venture capital, structure of financing. The major objective of this course is to |
acquaint students with the financing sources of a small business, and the ways of optimizing the outcome of those sources. |
Course learning outcomes: 1. Understand the characteristics of small business financing. 2. Identify different appropriate financial resources for small and medium businesses 3. Understand the unique risks and rewards of managing a small business; 4. Understand how to analyse the financial metrics of a new venture and make well-supported investment decisions; 5. Create a marketing plan for a small business, including pricing decisions and building a sales forecast; 6. Perform the necessary financial analysis to create the budgets and financial forecasts used by a small business. |
Course Major Topics: 1. Introduction 2. The Private Equity Cycle—Fund-Raising and Fund Choosing 3. Deal Sourcing and Evaluation—Not as Easy as it Looks 4. Assigning Value 5. Deal Structuring – Private Equity Securities and Their Motivation 6. After the Money Arrives? 7. Getting Liquid: Exits and Distributions 8. The Globalization of Venture Capital and Private Equity 9. Risk and Return 10. The Impact of Private Equity on Society – Does This Really Matter Anyway? 11. People, Positions and Culture: The Management of the Private Equity Firm 12. Scaling and Institutionalization |
Learning Resources Textbook Josh Lerner, Ann Leamon, Felda Hardymon: Venture Capital, Private Equity, And The Financing Of Entrepreneurship: The Power of Active Investing. Wiley, 2012, ISBN-13: 978- 0470591437 | |
Grading: | |
Course works (assignments, quizzes, projects, case studies, board discussion): | 25% |
Midterm exam | 25% |
Final Exam | 50% |