| Day | Date | Time | Room |
|---|---|---|---|
| Tuesday | 11/29/22 | 01:00 PM - 03:00 PM | EA.5.044 |
| Thursday | 12/01/22 | 10:00 AM - 01:00 PM | EA.5.040 |
| Tuesday | 12/06/22 | 01:00 PM - 03:00 PM | EA.5.030 |
| Wednesday | 12/07/22 | 10:00 AM - 01:00 PM | D2.0.030 |
| Tuesday | 12/13/22 | 01:00 PM - 03:00 PM | TC.5.18 |
| Thursday | 12/15/22 | 10:00 AM - 01:00 PM | D3.0.222 |
| Tuesday | 01/10/23 | 01:00 PM - 03:00 PM | EA.5.040 |
| Tuesday | 01/17/23 | 10:00 AM - 03:00 PM | TC.4.18 |
| Tuesday | 01/24/23 | 09:00 AM - 01:00 PM | TC.5.15 |
The overall aim of the course is to enhance students’ knowledge about financial management in new and small businesses. First, the course will give knowledge about the characteristics of the individuals behind new and small businesses as well as the financial characteristics of different kinds of new and small businesses. This background knowledge is important for the understanding of the financial management in new and small businesses. Second, the course will give the students’ knowledge about financial demands and the financial management of new and small businesses, seen from the perspective of the small business manager. Finally, the perspective will change, and the course will provide knowledge about the financial markets for new and small businesses, i.e., seen from the perspective of the financiers. Particularly the course will focuses on the way banks, crowd- investors, business angels and venture capitalists make their investments in small business. The course will provide students with tools and methods to analyze the need for financial resources as well as methods to analyze investment opportunities in new and small businesses. However, it should be emphasized that the course is not particularly focusing on financial calculations, but more on the decision side of new and small business finance.
A passing grade on the course will be awarded to students who are applying:
The course will provide the students with valuable knowledge and skills that can be used in career as entrepreneurs and small business managers, but also students that are interested in working with new and small businesses, for example, in banks, venture capital firms, and as managers in established companies as well as students who will work close to new and small businesses such as advisors, consultants, TTO managers, etc.
There is a maximum nonattendance quota of 20% in this course. Students overcoming this threshold will not receive a positive grade.
Students who have signed up for this course but do not show up in the first session without noticing via email at kmu@wu.ac.at will lose their seat in the course to other students on the waiting list.
Teaching methods will consist of lectures, case discussions, group work and seminars in which the students’ assignment will be discussed.
During the course the students are assessed on one group assignment (written in groups of three students), and one individual written exam. Active participation in class will represent
10% of the grade, the group assignment represents 40%, and the remaining 50% of the grading are based on the individual written exam. Grading scale:
< 61% = 5
61-70% = 4
71-80% = 3
81-90% = 2
91-100% = 1