Finance for Entrepreneurs
Objectives
At the end of this Curricular Unit the student will have acquired the knowledge, skills and competences that allow him:
• To understand the ecosystem in which startups operate, competing in a global market.
• To know the legal frame and public grants and programs available for startups and entrepreneurs.
• Mastering what implies the search and identification of business opportunities (identifying the problem, ideation, finding consistent solutions, developing a portfolio of opportunities and assessing the market).
• Mastering the steps to incorporate a startup and, for the most consistent business opportunities identified, understanding how to face problems and unforeseen obstacles.
• Interpret the economic and financial situation of a company using the most common financial management techniques (Balance Sheet, P&L and Ratios Method).
• Mastering the tools needed to frame the business, its valuation and presentation to investors (pitch), highlighting the role of financial management as an instrument of strategy.
• Evaluate and select the different financing alternatives and understand the funding process and its negotiation and settlement with investors, mastering some of the instruments and mechanisms usually used (Governance, Articles of Association, Investment and Shareholders Agreements, exit mechanisms like Calls, Puts, Trade Sale and IPOs).
• To understand the main challenges that entrepreneurs and startups face when scaling their businesses.
General characterization
Code
10617
Credits
3.0
Responsible teacher
Ana Paula Ferreira Barroso, Fernanda Antonia Josefa Llussá
Hours
Weekly - 2
Total - 46
Teaching language
Português
Prerequisites
Knowledge requirements:
- Financial accounting
- Cost accounting
- Financial mathematics
Bibliography
Recommended Bibliography:
Viedma, J.M. and Cabrita, M.R. (2012). Entrepreneurial Excellence in the Knowledge Economy. Intellectual Capital Benchmarking System. Palgrave Macmillan. (cap. 1, 2, 3 e 4).
Llussa, F., Verma, S., Chandel, A. and Andrade, H. (2024). Critical Factors in Intellectual Property Creation, Protection and Commercialization Management in Biorefinery and Industry 4.0: Empowering Sustainability, pp.345-363.
Nabais, C. e Nabais, F (2009). Prática Financeira I. Análise Económico Financeira. (5ª Ed.).
Lidel Ferreira, M., Santos, J. e Serra, F. (2008). Ser empreendedor: Pensar, criar e moldar a nova empresa. Sílabo
Allen, B.M. (2007). Princípios de Finanças Empresariais. 8ª Ed. McGraw-Hill. Cusatis, P. e
Thomas, M. (2005). Hedging Instruments and Risk Management. McGraw-Hill Sahlman, W. A. (1997). How to write a great business plan. Harvard Business Review, July-Aug, pp. 98-108.
Teaching method
Available soon
Evaluation method
Available soon
Subject matter
1. To be entrepreneur in a global market: Context and challenges
2. Financial management as a strategic tool
3. Business plan: Methods of financial forecasting
4. Risk, profitability and leveraging
5. Financing business opportunities
6. Economic and financial analysis
7. Using hedging instruments to cover risks in international market
Programs
Programs where the course is taught: