This document provides an introduction to finance concepts for small business administration students. It includes a quote emphasizing the importance of flexibility and recognizing opportunities when evaluating uncertain venture capital investments. The document then lists topics to be covered, such as time value of money, valuation approaches, education industry data, expected returns for angel investors, and an exercise valuing an accounting designation using time value analysis techniques. Readings and other materials are also referenced.

1. FINANCE 100
INTRODUCTION TO FINANCE – FOR SBA
STUDENTS

2. “In some domains …such as scientific discovery and venture capital
investments, there is a disproportionate payoff from the unknown.
The strategy for the discoverers and entrepreneurs is to rely less on top-
down planning and focus on maximum tinkering and recognizing
opportunities when they present themselves.”
- NASSIM NICHOLAS TALEB (from THE BLACK SWAN)

3. INTRODUCTION TO FINANCE
FINANCE 100
TIME VALUE of MONEY Using EXCEL™ for Time Value
Analysis
3 Basic Approaches to
Valuation (and Why These
Don’t Work for New
Businesses)
OECD Data on Post-secondary
Education in Canada
What Kind of Returns do Angel
Investors Look For?
The Education Industry
EXERCISE
Determining the Value of an
Investment in an Accounting
Designation using Time
Value Analysis Techniques

4. FINANCE 100 - MATERIALS
TEXTBOOK ONLINE VIDEO
WHERE ANGELS
FEAR TO TREAD
KHAN ACADEMY
TIME VALUE OF
MONEY