NX9727 - Finance, Governance, Risk and Failure

What will I learn on this module?

This module will help you prepare your investment proposition and practice pitching it. As part of this process, you will also gain a wider

knowledge and understanding of business financials, company governance arrangements, different types of risks and business exits.


The topics you will study on this module will draw from the following themes:

* Sources of business funding: bank, crowdfunding and venture capital

* Getting ready for investment: investment process

* How investors make money and the importance of return on their investment

* Communicating the investment proposition: deck and pitch

* Negotiating terms

* Why start up boards matter: challenge and support

* Shareholder and Director responsibilities

* Understanding business finance

* Risk

* Methods of business valuation

* Selling your business and other types of business exit

* Business success and failure

How will I learn on this module?

You will learn through a combination of lectures, practical seminars and workshops. The module is supported by, a Teaching and Learning

Plan, which outlines the formal sessions and provides details of, tutor-directed and independent study and learning. You will be encouraged to

critically review your own and other students’ experiences which will help your development towards the achievement of the Northumbria

Graduate Characteristics. A high level of attendance will be required for this module.


The module is designed to develop your capacity and confidence as independent learner. You will, therefore, be expected to engage in a

substantial amount of directed and independent learning based around the module-specific self-supported learning materials. Directed learning

will focus on pre-reading, activity-based learning, and the use of Blackboard Ultra. Independent study will involve reading beyond the provided

learning materials, reflection, and gathering relevant personal and organisational data.


To enhance your learning experience, you will also study and work in teams and engage in learning-by-doing. You will also be encouraged to test your business ideas and investment propositions in the ‘real world’ by seeking feedback from your mentors and your business networks.

How will I be supported academically on this module?

You will be supported by a designated module lead tutor, who will guide your academic learning and enable you to apply your knowledge

practically. All relevant materials will be accessible online and mobile devices through Blackboard Ultra. To complement the academic input,

industry practitioners may also be invited as guest speakers (where relevant and depending on availability).


The module is supported by a Teaching and Learning Plan (TLP), which outlines, formal sessions together with, the student-initiated

independent learning, tutor-directed independent study and team activities. An interactive approach to facilitated learning sessions will draw

upon the directed learning undertaken and your own experiences. Throughout, the emphasis will be on high levels of participation, both

individually and in teams. You can therefore expect the reflective-practitioner approach to learning to be embedded in all facilitated sessions.


Tutor-guided independent learning will include a range of activities including pre-reading, preparation for facilitated sessions, use of Blackboard

Ultra, group work and individual and team challenges, together with reflection on these activities.


Student-initiated independent learning will centre upon you identifying and pursuing areas of interest in relation to the subject area or by providing

deeper/broader knowledge and understanding of the subject through a range of learning activities that might include extended reading, reflection

and research.


Additionally, in order to assist you in developing knowledge, you will have access to the University’s library facilities, including electronic

academic journals, business databases (such as FAME) and eBooks.

What will I be expected to read on this module?

All modules at Northumbria include a range of reading materials that students are expected to engage with. The reading list for this module can be found at: http://readinglists.northumbria.ac.uk
(Reading List service online guide for academic staff this containing contact details for the Reading List team – http://library.northumbria.ac.uk/readinglists)

What will I be expected to achieve?

Knowledge & Understanding: 1. Evaluate a new business, growth or innovation opportunity for investment, applying specialist knowledge and tools in relation to your programme of study (entrepreneurship). Intellectual / Professional skills & abilities: 2. Develop an investment proposition, analysing complex issues, demonstrating decision-making, problem solving and project management skills as well as your competence in contemporary analytical applications. 3. Communicate effectively the investment proposition, explaining risk and return

How will I be assessed?

You will be assessed by the following assessment process: Your summative assessment will address Module Learning Outcomes 1, 2 and 3 and will be structured as follows: * Individual report including the investment proposition 3000 words (60%). * Individual presentation of the investment proposition (40%). Your sessions will be highly interactive and you will be participating in groups and small teamwork. Your formative assessment will therefore occur through opportunities to receive feedback from peers and/or tutors.

Pre-requisite(s)

n/a

Co-requisite(s)

n/a

Module abstract

Ambitious entrepreneurial opportunities often require funding. It can make a huge difference to the speed and scale of the venture. To

successfully secure the investment, which can be internal from within an organisation or external from venture capital, business angels,

crowdfunding or a bank, you would need to be able to effectively structure and communicate your investment proposition.


This module will help you prepare your investment proposition and practice pitching it. As part of this process you will also gain an understanding

of:

* Business financials and how to measure and manage them meaningfully.

* Company governance arrangements, including legal duties and responsibilities.

* Different types of risks you need to identify and manage.


Additionally, we will consider the factors and context behind business failure, discuss strategies, which could be used in business failure

situations to “gracefully exit” in a controlled manner and to reflect on learnings for the future.

Course info

Credits 20

Level of Study Postgraduate

Mode of Study 2 Years Full Time with Advanced Practice
1 other options available

Department Newcastle Business School

Location City Campus, Northumbria University

City Newcastle

Start September 2021

Fee Information

Module Information

All information on this course page is accurate at the time of viewing.

Courses starting in 2021 are offered as a mix of online and face to face teaching due to the ongoing Covid-19 pandemic.

We continue to monitor government and local authority guidance in relation to Covid-19 and we are ready and able to flex accordingly to ensure the health and safety of our students and staff.

Students will be required to attend campus as far as restrictions allow. Contact time will increase as restrictions ease, or decrease, potentially to a full online offer, should restrictions increase.

Our online activity will be delivered through Blackboard Ultra, enabling collaboration, connection and engagement with materials and people.

 

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