Skip to main content
Till KTH:s startsida Till KTH:s startsida

ME2825 Finance for Start-ups 7.5 credits

The primary objective of the Finance for Start-ups course is to provide an understanding of the concepts and institutions involved in entrepreneurial finance. This course addresses key questions which challenge all entrepreneurs: how much money can and should be raised; when should it be raised and from whom; what is a reasonable valuation of the company; and how funding should be structured. During the course, challenges in a variety of industry settings and stages of venture development will be examined both from the entrepreneur’s and from the investor’s standpoints.

About course offering

For course offering

Spring 2025 Start 14 Jan 2025 programme students

Target group

Elective for all programs

Part of programme

Master's Programme, Technology-based Entrepreneurship, åk 1, Conditionally Elective

Periods

P3 (7.5 hp)

Duration

14 Jan 2025
16 Mar 2025

Pace of study

50%

Form of study

Normal Evenings

Language of instruction

English

Course location

Stockholms universitet

Number of places

Max: 20

Planned modular schedule

Application

For course offering

Spring 2025 Start 14 Jan 2025 programme students

Application code

60326

Contact

For course offering

Spring 2025 Start 14 Jan 2025 programme students

Contact

registrar@sses.se

Examiner

No information inserted

Course coordinator

No information inserted

Teachers

No information inserted
Headings with content from the Course syllabus ME2825 (Spring 2018–) are denoted with an asterisk ( )

Content and learning outcomes

Course contents

The course will provide participants with practical insights on a number of issues related to entrepreneurial financing, including:

  • Evaluations of business plans
  • Financial analysis and evaluation of key measurements
  • Sources of funding
  • Valuation
  • Structuring deals
  • Exit options

Intended learning outcomes

Upon completing the course, students should be able to:

  • Concepts and terminology related to entrepreneurial financing
  • Various financial sources available to different types of entrepreneurial businesses
  • How to conduct basic analysing of financial statements and projections
  • How to conduct a basic financial valuation of a start-up firm
  • How terms and conditions between entrepreneurs and external investors may be structured
  • Exit possibilities for start-up companies

Literature and preparations

Specific prerequisites

Students must have a minimum of 120 university points.

Also students initially having limited knowledge about finance and finance and accouinting are welcome to participate in the course.

Recommended prerequisites

No information inserted

Equipment

No information inserted

Literature

Information om kurslitteratur kommer att meddelas inför kursstart.

Literature will be announced in connection to the start and communicated to enrolled students.

Examination and completion

If the course is discontinued, students may request to be examined during the following two academic years.

Grading scale

A, B, C, D, E, FX, F

Examination

  • PRO1 - Project, 7.5 credits, grading scale: A, B, C, D, E, FX, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Active participation, individual

The pedagogy of the course is based on active learning and much of the knowledge is created through participation in the exercises and cases. For this reason, individual participation will be noted and graded. Credits for active participation arrive from attendance, active participation, hand-in ofquestions to guest lectures, ect. 

Before each session, course participants are expected to read assigned literature and case studies thoroughly.

Homework assignments, individual

During the course, home assignments will be asked for related to discussions in class.  Late hand-ins will receive a grade of zero.

Written test, individual

There will be a written test focused on evaluation of business plans. It covers materials discussed in class and assigned literature readings. The test will emphasize understanding rather than mere factual repetition, which points to the importance of consistent attendance and active class participation.  

Course assignment and opposition, group

The students are, in groups of five, expected to write a financing plan for an optional start-up firm. The company should be unlisted, be less than 10 years old and have a maximum yearly revenue of 20 mSEK). The students need to identify their own cases. The plan could include, for example: a summary of the business and the market it operates in, a financial assessment, for what purpose financing is searched for and level of capital requirements, possible financial source options, possible valuation methods and a valuation.  During the last session, students are expected to present their plans.

For all course assessments the valuation of quality will be based on, e.g., the comprehen­siveness and quality of written documents, to what extent the students show a good understanding of key terms and concepts, to what extent arguments and numbers are well-founded and justified, to what extent oral presentations or written documents comes out as an appropriate and convincing, etc.

Grading scale:

Students that successfully complete an SSES course will be graded according to the course syllabus.

Attendance:

Attendance is compulsory.

Opportunity to complete the requirements via supplementary examination

No information inserted

Opportunity to raise an approved grade via renewed examination

No information inserted

Examiner

Ethical approach

  • All members of a group are responsible for the group's work.
  • In any assessment, every student shall honestly disclose any help received and sources used.
  • In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

Further information

Course room in Canvas

Registered students find further information about the implementation of the course in the course room in Canvas. A link to the course room can be found under the tab Studies in the Personal menu at the start of the course.

Offered by

Main field of study

Industrial Management

Education cycle

Second cycle

Add-on studies

No information inserted

Contact

registrar@sses.se

Supplementary information

Replaces ME2811

The course language is English.

The course is offered within the framework of the Stockholm School of Entrepreneurship.

Responsible institution: KTH, Stockholm

Course director: Ali Mohammadi, ali.mohammadi@indek.kth.se

Queries can be addressed to SSESEducation Coordinator via registrar@sses.se