Master
2026/2027
Private Equity and Venture Capital
ID 1132871
Type:
Elective course (Financial Economics)
Delivered by:
International College of Economics and Finance
When:
1 year, 3 module
Open to:
students of one campus
Language:
English
ECTS credits:
3
Contact hours:
34
Course Syllabus
Abstract
Prerequisites:
Basic knowledge of accounting, financial statement analysis and corporate finance, basic skills in excel.
Course description:
This course covers academic underpinnings of PE and practical tasks faced by private equity investment professionals. This includes both the big picture of PE and highly specific PE job-related skills.
Some of the topics covered by the course teach how to identify good potential deals, analyze target companies, make investment materials and financial models, participate in the investment / risk committee discussions, and contribute to negotiations over the deal terms. These are also relevant to M&A, investment banking and corporate finance skillsets.
Learning Objectives
- The course provides the students with academic / conceptual background of PE, and skills specific to typical tasks in the private equity sector. The course therefore puts into practice a number of academic disciplines, such as corporate finance, (many types of) economics, accounting and management.
Expected Learning Outcomes
- Possess general understanding of academic underpinnings of PE.
- Understand the work streams in the private equity investment business.
- Know good-practice solutions to typical tasks, such as identifying potential deal opportunities, analyzing target companies, producing investment materials and financial models and participating in the discussions of the decision-making committees.
- Understand basic components of transaction documents.
- Have a basic understating of approaches to deal & fund origination, and supervision of portfolio companies.
Course Contents
- Introduction to private equity and workflows
- Identifying and originating new deals
- Valuation and financial modeling
- Concept clearance and investment teasers
- Financial model
- Due diligence
- Investment committee presentations & participation
- Term sheet & transaction documents
- Portfolio company supervision and corporate governance
- Exits from portfolio companies
- Making a new PE fund. Supervision of portfolio companies and exits
- Group presentations: Potential target presentation for the Investment Committee
Interim Assessment
- 2026/2027 3rd module0.25 * Class attendance & activity + 0.25 * Homework + 0.25 * Exam + 0.25 * Group presentation
Bibliography
Recommended Core Bibliography
- An introduction to investment banks, hedge funds, and private equity : the new paradigm, Stowell, D. P., 2010
- Venture capital and the finance of innovation, Metrick, A., 2011
- Venture capital, private equity, and the financing of entrepreneurship : the power of active investing, Lerner, J., 2012
Recommended Additional Bibliography
- The venture capital cycle, Gompers, P., 2004