Introduction to entrepreneurship/IENT103/About

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Course Name: Financing a Business Start-up (IENT103)

This course prepares you for creating a financial report including the financial aspects of a business startup,interpreting financial statements, and exploring the effects of cash flow.

Course Metrics

  • Notional learning hours: 40 hours
  • Assessment: 3 Hours
  • Formal Credit Option: XXXXX
  • Course: One of three micro courses for 'Introduction to Entrepreneurship'
  • Level: Level 5 / 1st year Bachelor Degree

What will I learn?

Upon successful completion of this course, you will be able to:

  • Review principles of economics and how they relate to small businesses
  • Explain why start-ups require finance (new)
  • Identify financing options for new venture start-ups in their own country and describe the differences between them (amended)
  • Read and interpret financial statements of a business
  • Examine the effects and significance of cash flow for a business startup
  • Prepare documentation required for a business loan

What's involved?

There are four learning pathways, each containing numerous resources and activities.

The learning pathways are:

  • Principles of economics for small businesses
  • Financing a new start-up
  • Understanding financial statements
  • Applying for a business loan

What prerequisites should I have, if any?

Anyone is free to participate in this course. An internet connection and basic web-browsing skills are recommended, with the ability to create a blog and microblog account (instructions and self-study tutorials provided.) You are requested to keep a personal learning journal, as reflection has been shown to markedly increase learning.

Learners whose primary language is not English must demonstrate proficiency in written and spoken English as indicated by a Test of English as Foreign Language (TOEFL) score of 550 on the written version; 213 on the computer version; or 79 on the Internet based version.