- Age Group13–18 years
- Course Duration8 hours
- Session Duration60 Minutes
- CompletionYes
- Sessions8 Sessions
- FrequencySelf-Paced
- Course Valid TillForever
About The Course
Money is the lifeblood of any business. However, very few people know how to manage the finances of a business well, especially when they start out as an entrepreneur or are evaluating a startup idea. This can be attributed to the fact that we are not taught this important life skill of managing finances early in life. A strong understanding of financial matters aids the holistic development of a child and is key for students who are looking to succeed in the emerging gig economy. Financial know-how is also an absolute must for students considering entrepreneurship as a future career option.This course will take you through the journey of a startup from the conception of an idea to the growth of the business and will help you understand some important concepts of finance. You will also learn the art and science of managing money in a startup and how to raise money from initial investors.
Who Is This Course For?
This course is designed for students aged 13–18 to have a strong understanding of financial aspects, which will benefit them in all areas of their lives and set them on the path of building their own future as entrepreneurs.
Course Objectives
The Startup Finance course will help you:
- Gain an understanding of the financial aspects in any venture
- Understand key financial statements, such as the Balance Sheet and the Income Statement
- Understand financial terms, such as Opening Stock, Closing Stock and Closing Cash
- Learn to evaluate business performance using financial measures, such as Unit Item Profitability
- Comprehend business operating cycles and how to evaluate purchasing decisions
- Evaluate loan terms using Bankability Analysis and ensure business profitability
- Raise capital by offering shareholding
- Understand venture value and shareholding calculation
Curriculum
Balance Sheet
- 00:17:00
Business Balance Sheet
- 00:10:00
Business Balance Sheet (Quiz)
Profit
- 00:10:00
Profit
- 00:10:00
Profit (Quiz)
Income Statement
- 00:15:00
Income Statement
- 00:14:00
Income Statement (Quiz)
Assessing Business Performance (Part 1)
- 00:20:00
Assessing Business Performance (Part 1)
- 00:12:00
Assessing Business Performance (Quiz 1)
Assessing Business Performance (Part 2)
- 00:18:00
Assessing Business Performance (Part 2)
- 00:10:00
Assessing Business Performance (Quiz 2)
Assessing Business Performance (Part 3)
- 00:26:00
Assessing Business Performance (Part 3A)
- 00:10:00
Assessing Business Performance (Quiz 3A)
- 00:11:00
Assessing Business Performance (Part 3B)
- 00:10:00
Assessing Business Performance (Quiz 3B)
Purchasing Decisions and Loan Evaluations
- 00:13:00
Purchasing Decision Making
- 00:06:00
Purchasing Decision Making (Quiz)
- 00:19:00
Loan Evaluation
- 00:08:00
Loan Evaluation (Quiz)
Crowdfunding and Shareholding
- 00:24:00
Crowdfunding and Shareholding
- 00:10:00
Crowdfunding and Shareholding (Quiz)
Instructor
Sanjeeva Shivesh
Founder, The Entrepreneurship School; Co-Founder and Program Director, ThinkStartupSanjeeva Shivesh is a Serial Entrepreneur, the Founder of The Entrepreneurship School and Co-Founder and Program Director at ThinkStartup. Sanjeeva has served as a civil servant with the Government of India. Subsequently, he worked as Strategy Consultant with Booz & Co. at their London Office. His passion lies in teaching Entrepreneurship, Innovation and Design Thinking. He has been Adjunct Professor at MDI Gurgaon, FMS and TERI University, besides teaching at Singapore Management University, IIM Rohtak, IIM Kashipur and IIT Delhi. He is an active panellist on economic affairs and policies on CNN News, India Today TV, Doordarshan and AIR. Sanjeeva is a B. Tech from IIT, Delhi and an MBA from the Cranfield School of Management, U.K.
