Course 2015-2016 a.y.

20522 - MANAGING THE GROWING ENTREPRENEURIAL VENTURE


CLMG - M - IM - MM - AFC - CLAPI - CLEFIN-FINANCE - CLELI - ACME - DES-ESS - EMIT

Department of Management and Technology

Course taught in English

Go to class group/s: 31
CLMG (6 credits - II sem. - OP  |  SECS-P/09) - M (6 credits - II sem. - OP  |  SECS-P/09) - IM (6 credits - II sem. - OP  |  SECS-P/09) - MM (6 credits - II sem. - OP  |  SECS-P/09) - AFC (6 credits - II sem. - OP  |  SECS-P/09) - CLAPI (6 credits - II sem. - OP  |  SECS-P/09) - CLEFIN-FINANCE (6 credits - II sem. - OP  |  SECS-P/09) - CLELI (6 credits - II sem. - OP  |  SECS-P/09) - ACME (6 credits - II sem. - OP  |  SECS-P/09) - DES-ESS (6 credits - II sem. - OP  |  SECS-P/09) - EMIT (6 credits - II sem. - OP  |  SECS-P/09)
Course Director:
RENZO CENCIARINI

Classes: 31 (II sem.)
Instructors:
Class 31: RENZO CENCIARINI



Course Objectives

Focus of the course is the launch of new entrepreneurial ventures, and value creation as the company grows, which often requires financial support. The course examines the creation, assessment and implementation of new industrial projects, from a strategic and a managerial point of view. We then explore the criteria that the company must follow in the search of the optimal financial support, and to effectively manage relationships with the specialized intermediaries. The course focuses on generating value from the invested capital, i.e. the left-hand side of the Balance Sheet, as opposed to courses that analyze Private Equity firms, which focus instead on the right-hand side of the Balance Sheet. The underlying theme of the entire course is the role of the entrepreneur, from the start-up of a new venture, to its development and sale. The course includes real-life experiences of guest speakers, mostly entrepreneurs.

Course Content Summary

  • Starting a new venture and creating the conditions for a successful growth pattern.
  • Putting an entrepreneurial idea into practice and preparing a business plan.
  • Valuing the internal consistency and the feasibility of a business plan
  • Structuring and managing an innovative venture. The serial entrepreneur.
  • The entrepreneur's choice to be supported by external investors.
  • Value creation and drivers used by Private Equity investors.
  • Internal and external growth strategies. Corporate diversification and its limits.
  • Preparation and valuation of development plans. Scalability and. defensibility in the early stages of a company.
  • The choice of financial investors for the development of the company. Managing the relationship with the investors. Exit. Consequences from the standpoint of the investee company.

Detailed Description of Assessment Methods

Written exam for students registering to the the first exam session. Oral exam for the following sessions.

Textbooks

To be defined
Exam textbooks & Online Articles (check availability at the Library)
Last change 24/06/2015 13:02