MINISTRY OF EDUCATION AND SCIENCE REPUBLIC OF KAZAKHSTAN

NEE «ALMATY MANAGEMENT UNIVERSITY »

CHAIR «FINANCE AND ACCOUNTING»

CHAIR «___________________________»

Approved

Vice-rector on academic affairs

____________ N. DUISENGULOVA

«____»_______________20_____.

EDUCATIONAL PROGRAM – BACHELOR

SPECIALTY 5В______ «FINANCE»

LEVEL OF EDUCATION – DAILY (EVENING)

SYLLABUS

DISCIPLINE «ENTREPRENEUSHIP FINANCING »

COURSE: 2

SEMESTER: 1

CREDIT : 3

INSTRUCTOR DR.BISSEMBAYEV ALIBEK: ____________________

MOB.PHONE: 77015577729, ROOM №105 (2d Building)

ALMATY, 2015

AUTHOR: Assoc.Professor Bissembayev Alibek

Syllabus is based on the working program of the discipline "____________" for students majoring in FINANCE

Syllabus considered at the chair meeting __________________________

from 29 August, 2015, The protocol # 1

Deputy head, Chair, Ph.D., Professor P.Bakirova

Syllabus approved at a meeting of SMU of ALMA U

Protocol № _____ from "____" _______________2015

Almaty management university chair of finance and accounting syllabus

Course title: « ENTREPRENEUSHIP FINANCING »

Specialization: ___________________________

(code, title)

	Form of study
	Full time	Evening	Part time
Total credits	3
Year of study	4
Semester/term	1
Exam (semester)	1
Total hours, comprising of:	135
Lectures (hours)	30
Practical studies (hours)	15
Labs (hours)	15
SSWT (hours)	15
SSW (hours)	75

Almaty, 2015

1. Information about a teacher/ instructor

Alibek Bissembayev has a PhD in Economics from Eurasian National University after L.N.Gumilev (2008), a MS and BS in Applied Mathematics from Kazakh National University after al-Faraby (2004,2002). He also made a postdoc research project at University of California Berkeley, CA,USA (2010-2011), and MS in Statistics at the George Washington University

2. Contact information

Email: alibek.bissembayev@iab.kz

3. Prerequisites

Knowledge of business strategy analysis, accounting analysis, financial analysis, and prospective analysis is highly recommended.

4. Post requisites

Upon successful completion of this course, students will be able to generate effective solutions to problems of decision contexts in financial thinking, tools, and techniques adapted to the realm of entrepreneurship.

5. Course description

The goal of Entrepreneurial Finance is to help students make better investment and financing decisions in entrepreneurial settings. The course covers all stages of the venture's life cycle from startup to exit, and delves into issues such as deal structures, incentives, business models and valuation in much greater detail than TEM. Approximately one-third of the cases concern technology-based businesses, though the emphasis is on gaining insights into entrepreneurial management, not technology per se. Typically, case protagonists have participated in over half the class discussions.

The first two modules of the course address key issues faced by entrepreneurs: how much money should be raised at each stage; when should it be raised; what is a reasonable valuation of the company; and how should funding, employment contracts and exit decisions be structured. They aim to prepare students for these decisions, both as entrepreneurs and as investors.

The next three modules look at a variety of financing models across the venture's life cycle, with an aim to understanding the incentives of each type of investor, the relative costs and benefits of each source of funding and the connections between a venture's financing strategy and its product-market strategy.

Inevitably, there will be some overlap with courses such as Launching Global Ventures, Financial Management of Smaller Firms and Venture Capital and Private Equity. We are aware of the content of each of those courses and will be sensitive to differentiation.