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2021/2022  KAN-CSDEO1003U  Entrepreneurship Theory and Finance

English Title
Entrepreneurship Theory and Finance

Course information
Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Full Degree Master
Duration One Quarter
Start time of the course Fourth Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for MSc in Social Sciences
Course coordinator
  • Mercedes Delgado - Department of Strategy and Innovation (SI)
Main academic disciplines
  • Entrepreneurship
  • Finance
Teaching methods
  • Blended learning
Last updated on 22-06-2021

Relevant links
Learning objectives
  • Demonstrate clear, accurate and comprephensive understanding of the theories for topics covered in the course, and the ability to critically assess the strength and weakness of the theories.
  • Display the ability to apply theories to interpreting empirical evidence.
  • Articulate the relevance of the theories and their strategic implications for business practice in the context of innovative new firms.
  • Display the ability to apply theories to the analysis of business situations and the evaluation of possible solutions.
  • Demonstrate the ability to make recommendations for firms based on arguments that are sensible, logical and coherent arguments.
Examination
Entrepreneurship Theory and Finance:
Exam ECTS 7,5
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance, see also the rules about examination forms in the programme regulations.
Individual or group exam Individual oral exam based on written group product
Number of people in the group 2-3
Size of written product Max. 15 pages
Assignment type Essay
Duration
Written product to be submitted on specified date and time.
20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Grading scale 7-point grading scale
Examiner(s) Internal examiner and external examiner
Exam period Winter
Make-up exam/re-exam
Same examination form as the ordinary exam
Description of the exam procedure

Group assignment:

The group assignment is an essay that students in group will be required to address questions related to the topics of the course.

Written product to be submitted within 72 hours.
 

Individual oral exam:

During the oral exam, individual students will be tested on their learning about the course, based on their submitted group assignment.
Course content, structure and pedagogical approach

This course aims to provide students with a set of economics and organizational principles that govern the process of new business creation. The first part of the course provides a general coverage of various aspects of entrepreneurship, including entrepreneurship as a career choice, discovery of opportunities, team formation, business development and strategy, location choices and engagement with the innovation ecosystem, performance and exit. The last part of the course places a special emphasis on entrepreneurial financing. The goal is to help students understand financing decisions in entrepreneurial settings. The topics included delve into issues such as financing sources, the incentives of each type of investor, the relative costs and benefits of each source of funding, and the connections between funding sources and entrepreneurs' strategy. 
Description of the teaching methods
This course is conducted based on a combination of article-based lectures, case discussions and guest lectures.
Feedback during the teaching period
Feedback is provided in multiple ways. First, the classes are interactive with in-class team exercises and Q&A time throughout each class. Second, there are support videos developed by the faculty to clarify entrepreneurship concepts and provide additional relevant content. Third, there is a (volunteer) team peer grading exercise as a preparation for the exam. Each team of students prepares an essay that applies course topics to a startup case. Teams get feedback from other students as well as from the faculty. Finally, there are consultation/office hours.
Student workload
Attending class 33 hours
Preparation 147 hours
Exam 26 hours
In total 206 hours
Further Information

This course will tentatively be organized around the following topics:

·         Entrepreneurship as a career: the determinants of entrepreneurial entry

·         Team formation

·         Business opportunity assessment

·         Developing business plans and business models

·         Entrepreneurial strategy choices

·         Entrepreneurial survival and performance

·         Entrepreneurship in Design & Architects

·         Entrepreneurial finance

·         Startup location strategy and innovation ecosystems
Last updated on 22-06-2021