Professor Daniel Paravisini

This course is available on the CEMS Exchange, Global MSc in Management, Global MSc in Management (CEMS MIM), Global MSc in Management (MBA Exchange), MBA Exchange, MSc in Accounting and Finance, MSc in Finance (full-time), MSc in Finance and Economics, MSc in Finance and Private Equity and MSc in Risk and Finance. This course is not available as an outside option.

This course is only available on the MSc in Accounting and Finance, Global MSc in Management, Global MSc in Management (CEMS MIM) and Global MSc in Management (MBA Exchange) Programmes with permission from the Department.

Basic Mathematics and Statistics knowledge.

After introducing students to methods to assess business plans as well as methods to identify and value business ventures and growth opportunities in the opening part of the course, the next part of the course concentrates on obtaining financial resources. It covers a broad set of instruments (bank finance, angel finance, crowdsourcing) used by entrepreneurial firms. The final part of the course concentrates on Venture Capital (VC) financing. It describes the general structure and terms of a VC deal, the structure of a VC fund, the characteristics of venture debt and the exit strategies of VC funds.

30 hours of lectures in the LT.

Students will be expected to produce 2 case studies in the LT, which will relate to the examination. The case studies, similar to the summative ones, will be graded and covered in class.

Detailed course programmes and reading lists are distributed at the start of the course. Illustrative texts include: 'Venture Capital, Private Equity, and the Financing of Entrepreneurship' J.Lerner, A. Leamon and F.Hardymon (Wiley); 'The Oxford Handbook of Entrepreneurial Finance' (OUP); 'Entrepreneurial Finance', J.C.Leach and R.Melicher (Cengage). The course pack include lecture notes and case studies for summative and formative assessments.

Coursework (100%) in the LT.

Coursework will take the form of two summative take-home assignments based on case studies (20%) and two in-class assignments (40% each, duration: 1 hour) during Lent Term teaching.