Growth Venture Evaluation

Unit Code:HEI821

Credit Points	Duration	Contact Hours	Campus	Prerequisite	Corequisite
12.5 Credit Points	One Teaching Period	36 hours	Hawthorn	HEI621 New Venture Financial Management, HEI721 Financial and Legal Strategies and HEI781 The Business Model and Plan	Nil

Related Course/s:

A unit in the Master of Entrepreneurship and Innovation suite.

Aims & Objectives:

After completion of this unit students should be able to:

demonstrate an appreciation of a number of applied valuation techniques;
demonstrate an understanding of deal structure: the jargon and mechanics of executing a new venture deal;
demonstrate an appreciation of the importance of protecting intellectual property;
a regime for assessing the acquisition of an existing business;
develop an overview of the sources of private risk capital;
demonstrate an appreciation of the operation of the venture capital industry and the venture investment process;
demonstrate a broad appreciation of the issues involved in harvesting a new venture;
apply practical appreciation of the role and operation of the formal Venture Capital industry as using VC as the prime exemplar of the thinking process used by a new-venture, risk-capital investor.

Teaching Methods:

Classroom, and online delivery, via a combination of presentations, discussions, case studies, practical activities and, where appropriate, experiential activities.
The core of the unit consists of each subject participant as an individual, preparing, delivering and defending detailed case analyses in an open forum. This provides participants with the ability to apply the principles of new venture evaluation taught in the subject.

Assessment:

Participation (in class graded activity) 40-50%
Individual project and presentation 20-30%
Group project and presentation 25-35%

Generic Skills Outcomes:

Swinburne University of Technology works to produce higher education graduates who are capable in their chosen profession. Learners bring to Swinburne University of Technology a diverse wealth of experiences and graduate with individual understandings, abilities and attitudes.

Within this context it is the intent of unit HEI 821 Growth Venture Evaluation that students develop the following key generic skills:

Financial skills
Leadership skills
Teamwork skills
Analysis skills
Problem solving skills
Communication skills
Ability to tackle unfamiliar problems
Ability to work independently

Content:

acquire and refine the skills needed to understand and deal with key issues in evaluating and financing new ventures with high growth potential
attracting risk-capital investors without whom a new venture would lack the capital to fulfill its plans.
preparing, delivering and defending detailed case analyses in open forum.
‘simulation’ and ‘stimulation’ of deal structures.
attract resources and investors to their proposed ventures

Textbooks:

Gitman, L, Jachau, R, Flanagan, J 2007 Principles of Managerial Finance, 5th Edition, Pearson.

References:

A wide range of reference sources including online accessible resources is provided in the subject outline