The Business Studies Department, represented by Mr Mohammed Al-Sakiti, participated in a three-day workshop on “Entrepreneurial Finance” from 13 to 15 May 2018 in Muscat. The workshop was part of the Certified Entrepreneurship Educator (CEE) Programme, organised by the SME Development Fund, to spread an entrepreneurial culture among academics. The workshop was delivered by Prof Sandeep Dahiya, an Associate Professor of Finance at Georgetown University, USA.
On the first day of the workshop, different topics were covered, including the basics of finance, financial statements, financial forecasting, financial ratios and revenue models. The second day of the workshop focused on business models, business planning, attracting capital for SMEs and working capital. The last topic was very interesting as all participants were engaged in a working capital simulation to learn how to make good financial decisions. On the third day of the workshop, the participants were divided into different teams and had practical exercises on business valuation, funding models and social entrepreneurship. Adding to this, Prof Sandeep shared some of the key pedagogy techniques that faculty members can use to deliver their courses.
“Entrepreneurial Finance” was the last module of the CEE Programme. SME Development Fund will organise a big ceremony next month for the participants who have successfully completed the four modules of this programme.