ENT 320 – Entrepreneurial Finance Spring 2015

ENT 320 – Entrepreneurial Finance
Spring 2015
West House, Room 102
Office Hours: 12:15 to 1:45 Monday and Wednesday;
or by appointment
Various readings accessed on-line through the schedule
BA 211 or equivalent
This course is designed as an introduction to the tools entrepreneurs use to manage scarce
resources in a new venture. Included in this course are bootstrapping techniques and funding
strategies of both debt and equity. Students will learn applied approaches to current asset and
liability management, risk management, and managing cash flow. The course is not intended to
equip students with all necessary skills needed to begin and operate a business, but should
provide sufficient background and awareness to allow further development in these areas.
Discussion Questions (3 @ 5)
Homework (6 @ 10)
Final Project
Total Points
15 points
60 points
50 points
125 points
Term grades will be computed on a percentage basis: A = 90%, B = 80%, C = 70%, D = 60%.
Plus and minus grades will be given when total points are within 2% of the break-off between
letter grades.
You will be participating in an on-line class which means there is no face-to-face instruction.
You are responsible for proactively reading all the materials, asking questions when you do not
understand something, and completing and submitting all work in a timely fashion. Late
assignments will not be accepted. All work is to be submitted through Moodle.
ENT 320
Page 2
There will be three (3) discussion questions throughout the term, each worth five (5) points.
Please read the Discussion Questions Overview for an explanation of the expectations regarding
your responses.
Homework must be typed, double-spaced. These will be evaluated based on clear, sufficient
answers to the questions (approximately one paragraph per question). While points will not be
assigned specifically to presentation, excess grammatical and spelling errors may indicate lack of
sincere effort and result in a lower score. Exercises should be completed neatly. Each
homework is worth 10 points. Late assignments will not be accepted. Please read the
Homework Overview for an explanation of the expectations regarding your responses.
Final projects will be due by March 13. Throughout the term I want you to be preparing for this
final project. You will be expected to create a business financial plan for a business you want to
open. This involves a narrative of your business idea, including how you plan to finance the
business. It also requires a thoughtful projection of costs necessary to set up the business, and to
operate for the first year. Please read the Project Overview for a more complete explanation of
the expectations regarding your final project. Late submittals will not be accepted.
The Division of Business and Economics adopted the Academic Dishonesty Policy (found linked
on my website as well as on the Division website) in August 2009. Students are expected to read
the policy and bring any questions or concerns to the attention of the instructor within the first
week of class. This policy will be in effect and enforced without exception for this class.
To do well in this course, you must commit to becoming an “active learner” throughout the term.
This requires that you actively participate in discussion questions and individual homework
assignments. A strong effort will provide you with a solid foundation of knowledge for taking
the examinations.
Students may benefit from assistance offered through the Tutoring Center (APSC 401), including
tutoring services and help with study and exam skills, and the Writing Center (APSC 301).
Any student who believes that she or he may need an accommodation for any type of disability
should contact the Office of Disability Services (838-8250v/tty) in APSC 405.
If the instructor determines your performance in this class is placing you at academic risk, you
may be referred to Jesse Poole, Western’s Student Success Specialist. Jesse will offer to work
with you to address issues and develop a student success strategy. Regardless of whether a
referral has or has not been made, you are ultimately responsible for tracking your own progress
in this course. If you would like to meet with Jesse regarding any academic struggles you are
experiencing, please contact the Academic Advising and Learning Center at 503-838-8428