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Establishment
Language of instruction
English
Teaching content
FINANCE
This course occurs in the following program(s)
IESEG Degree - Programme Grande École
- Crédits ECTS: 2.00
Training officer(s)
O.KOWALESKI
Stakeholder(s)
Oskar KOWALEWSKI
Présentation
Prerequisite
The course requires the concepts and skills developed in accounting and corporate finance. It is a pre-requisite.
Goal
At the end of the course the student should be able to :
• evaluate the potential of new business ideas and new ventures
• appraise the performance of a team
• predict how business and economic cycles could affect organizational strategy
• become familiar with the various sources of financing available to new businesses
• thoroughly examine a complex business situation
• synthesize multifaceted information from various sources across different functional fields
• evaluate the potential of new business ideas and new ventures
• appraise the performance of a team
• predict how business and economic cycles could affect organizational strategy
• become familiar with the various sources of financing available to new businesses
• thoroughly examine a complex business situation
• synthesize multifaceted information from various sources across different functional fields
Presentation
Identifying and Valuing Opportunities - will focus on identifying good ideas, separating them from bad ideas, and in general, valuing the asset side of the balance sheet.
Structuring Deals - will show the main ways that entrepreneurs are financed and will focus on alternative financing vehicles such as angel investors, ventures capital, and private equities.
Structuring Deals - will cover the specific challenges in private-to-private transactions, including the use of leveraged finance for LBOs and other purposes, and the various techniques of leveraged buyout financing. The emphasis will be on the costs and benefits of partnering with venture capital or private equity firms and using debt.
Harvesting Opportunities - will highlight the main ways of exiting a new venture and analyze the different possible scenarios.
Structuring Deals - will show the main ways that entrepreneurs are financed and will focus on alternative financing vehicles such as angel investors, ventures capital, and private equities.
Structuring Deals - will cover the specific challenges in private-to-private transactions, including the use of leveraged finance for LBOs and other purposes, and the various techniques of leveraged buyout financing. The emphasis will be on the costs and benefits of partnering with venture capital or private equity firms and using debt.
Harvesting Opportunities - will highlight the main ways of exiting a new venture and analyze the different possible scenarios.
Modalités
Organization
| Type | Amount of time | Comment | |
|---|---|---|---|
| Autoformation | |||
| Recherche | 4,00 | ||
| Présentiel | |||
| Cours interactif | 16,00 | ||
| Travail personnel | |||
| Group Project | 20,00 | ||
| Charge de travail personnel indicative | 10,00 | ||
| Overall student workload | 50,00 | ||
Evaluation
Grading will be based on a group projects, a MCQ and final exam (case).
| Control type | Duration | Amount | Weighting |
|---|---|---|---|
| Contrôle continu | |||
| QCM | 1,00 | 1 | 20,00 |
| Participation | 0,50 | 4 | 20,00 |
| Examen (final) | |||
| Examen écrit | 1,00 | 1 | 40,00 |
| Autres | |||
| Etude de cas | 0,50 | 4 | 20,00 |
| TOTAL | 100,00 | ||
Ressources
Bibliography
Smith J, Smith RL, Smith R, Bliss R. Entrepreneurial finance: strategy, valuation, and deal structure. Stanford University Press; -