Introduction to Entrepreneurial Financing
- Management Sciences
- 700 level
- 2 credit units
- 164 pages
- 15 units
This course, Introduction to Entrepreneurial Financing, is designed to provide a self-instructional guide to the basics of entrepreneurial finance options for entrepreneurs. It is a two-credit unit course at the 700 level, PGD in Entrepreneurship. The course covers key issues such as determining funding needs, company valuation, and structuring funding and employment contracts. The goal is to help managers make better investment and financing decisions in entrepreneurial settings.
About this course
- Difficulty
- Intermediate
- Study hours
- 156 hours
- Maths
- Basic
- Content
- Theoretical, case study
- Practical work
- No
- Assignments
- Tutor marked assessments
- Final examination
What you'll read
The real module and unit structure of ENT705, taken from the course material NOUN publishes.
One paragraph, so you can see how it reads
ENT705 · UNIT 1 ENTREPRENEURSHIP-AN OVERVIEW
You will find the assignment questions for each tutor marked assignment (TMA) in the folder labeled “Assignment File.” You will find the details of the work.
What you should be able to do
- Understand financial issues confronting entrepreneurial ventures
- Explain the entrepreneurial finance process in Nigeria
- Identify various sources of finance available to entrepreneurs and investors
- Evaluate efforts aimed at financing SMEs in Nigeria
- Apply financial management principles to entrepreneurial settings
What it prepares you for
- Business Owner
- Financial Analyst
- Investment Manager
- Entrepreneurship Consultant
- SME Manager
- Financial Services
- Small and Medium Enterprises
- Venture Capital Firms
- Investment Banking
- Consulting
Where it gets hard
The units students slow down on, and what makes each one heavy.
- Module 2:
Unit2 Financing constraints and entrepreneurship
The unit requires a deep understanding of financial market dynamics and the ability to critically evaluate the impact of market development on entrepreneurial ventures.
- Module 3:
Unit 4 Sources of finance: Long-term sources
This unit involves complex calculations and a thorough understanding of financial instruments, requiring strong quantitative skills.
A suggested way through it
13 weeks, about 40 hours in total. Yours will differ.
- Week 1Module 1:
Unit 1 Entrepreneurship An overview · 2 hours
Define entrepreneurship and its role as a factor of production.. Explain the key concepts: entrepreneur, enterprise, and small-scale business.. Analyze the historical schools of thought on factors of production..
Unit 2 Small and Medium Scale Enterprises · 2 hours
Identify the features and problems of Small and Medium Scale Enterprises (SMEs).. Examine the sources of finance for SMEs.. Discuss government measures to enhance the status of SMEs..
- Week 2Module 1:
Unit 3 The Financing of SMEs Business in Nigeria · 3 hours
Analyze past efforts at financing small businesses in Nigeria through initiatives like NDE and NERFUND.. Evaluate current efforts such as SMEDAN and SMEEIS.. Discuss the role of microcredit and donor support..
- Week 3Module 1:
Unit 4 Evolution of Entrepreneurship · 3 hours
Define entrepreneurship and intrapreneurship.. Distinguish between entrepreneurs, intrapreneurs, and technopreneurs.. Discuss the evolutionary origins of the entrepreneur..
- Week 4Module 1:
Unit 5: Private Equity · 3 hours
Explain private equity in Nigeria.. Analyze the benefits of private equity.. Discuss tax incentive schemes and regulations..
- Week 5Module 2:
Unit1 Venture Capital · 3 hours
Define venture capital and its characteristics.. Describe the patterns of VC investment.. Discuss the finance of startup companies..
- Week 6Module 2:
Unit2 Financing constraints and entrepreneurship · 3 hours
Discuss the relationship between financial market development and entrepreneurship.. Analyze the impact of personal wealth on entrepreneurship.. Examine the role of financial intermediaries..
- Week 7Module 2:
Unit3 Entrepreneurial Process · 3 hours
Explain the entrepreneurial process.. Identify entrepreneurial traits and characteristics.. Discuss the risks and opportunities in entrepreneurship..
- Week 8Module 2:
Unit4 Sources of entrepreneurial opportunities · 3 hours
Identify megatrend entrepreneurial opportunities.. Discuss sources of entrepreneurial opportunities in Nigeria.. Analyze government programs for entrepreneurship development..
- Week 9Module 2:
Unit 5 Entrepreneurial Development · 3 hours
Discuss the concept and context of entrepreneurial development.. Explain alternative approaches to entrepreneurial development.. Describe entrepreneurship as an integrative behavioral framework..
- Week 10Module 3:
Unit 1 Characteristics, types and functions of entrepreneurs · 3 hours
List and discuss the characteristics of entrepreneurs.. Classify entrepreneurs by types.. Enumerate and explain the functions of entrepreneurs..
- Week 11Module 3:
Unit 2 Relationship between finance and the overall operations of an organization · 3 hours
Discuss the aims of finance functions.. Explain the relationship between finance and the overall operations of an organization.. Analyze how finance affects operational, marketing, and human resource management..
- Week 12Module 3:
Unit 3 Sources of finance: Short-term sources · 3 hours
List and discuss the short-term sources of funds.. Evaluate the costs of funds, including trade credit and bank overdraft.. Apply cost evaluation techniques to financial decisions..
- Week 13Module 3:
Unit 4 Sources of finance: Long-term sources · 3 hours
List and discuss the long-term sources of funds.. Discuss the methods of issuing instruments of debt.. Analyze the role of the capital market in financing firms..
Preparing for the exam
- Create a study schedule allocating specific time for each module and unit.
- Focus on understanding key financial concepts and their application to entrepreneurial ventures.
- Practice analyzing case studies of successful and unsuccessful SMEs.
- Review all tutor-marked assignments and feedback.
- Create concept maps linking financial theories to real-world scenarios.
Questions students ask about this course
What is ENT705 about?
This course, Introduction to Entrepreneurial Financing, is designed to provide a self-instructional guide to the basics of entrepreneurial finance options for entrepreneurs. It is a two-credit unit course at the 700 level, PGD in Entrepreneurship. The course covers key issues such as determining funding needs, company valuation, and structuring funding and employment contracts. The goal is to help managers make better investment and financing decisions in entrepreneurial settings.
How many units does ENT705 have?
ENT705, Introduction to Entrepreneurial Financing, has 15 units across 3 modules, over 164 pages of course material. You can read it one unit at a time.
How many credit units is ENT705?
ENT705 carries 2 credit units, at 700 level in Management Sciences.
Is ENT705 hard?
ENT705 is rated intermediate level, with basic mathematical content. It is mostly theoretical and case study work.
How long does ENT705 take to study?
About 156 hours of study, spread across its 15 units.
How is ENT705 assessed?
ENT705 is assessed by assignments, tutor marked assessments and final examination.
What can I do with ENT705?
Business Owner, Financial Analyst, Investment Manager, Entrepreneurship Consultant and SME Manager.