- Level Foundation
- Duration 9 hours
- Course by Università Bocconi
-
Offered by
About
The course deals with the analysis of the private equity and venture capital business. Over the course, students will be provided with a deep understanding of the mechanism underpinning the creation and/or development of a firm and the financial support it can get from the financial system through venture capital investment. The course tries to discover how special financial intermediaries (called private equity investors) finance through equity companies belonging to different stages of their life-cycle, starting from the very beginning (startup and early stage) to a more mature phase (i.e. expansion, mature age, etc.) or also staying into crises and decline. Private equity (named venture capital when the company is in the first phases of its life cycle) deals with very different activities, such as scouting, advisory, deal-making, valuation, and financing as financial intermediaries see it. COURSE SYLLABUS The course is made up of four different modules: WEEK 1 - Introduction to Private Equity and Venture Capital WEEK 2 - Discovering Private Equity Investors: Legal Issues and Taxation WEEK 3 - Management of Private Equity and Venture Capital Funds WEEK 4 - Company Valuation And Deal Making In Private Equity Settings WEEK 5 - Final Test Throughout the course, guest speakers and practitioners will be interviewed to provide some examples of concrete applications of the contents presented. RECOMMENDED BACKGROUND An understanding of the basic concepts of corporate financing accounting principles is required, while prior knowledge of private equity and venture capital is not required however it is recommended, as this is a course designed to introduce you to the fundamental concepts in private equity and venture capital.Modules
OVERVIEW
1
Videos
- Course Introduction
3
Readings
- Grading Policy
- Additional Readings
- Glossary of Acronyms
STUDY MATERIALS
1
Readings
- Week 1 - Slides
VIDEO LECTURES
8
Videos
- 1.1 What Is Private Equity and Venture Capital?
- 1.2 Why Companies Need Private Equity and Venture Capital
- 1.3 Private Equity Clusters: Through the Fund's Life Cycle
- 1.4 Seed, Startup, and Early Stage Financing
- 1.5 Expansion Financing
- 1.6 Replacement Financing
- 1.7 Vulture Financing
- 1.8 Private Equity and Venture Capital: Today and Tomorrow - Interview with Fabio Sattin
ACTIVITIES
1
Assignment
- Week 1
STUDY MATERIALS
2
Readings
- Week 2 - Slides
- Excel Support File
VIDEO LECTURES
1
Discussions
- What about investing with an impact?
11
Videos
- 2.1 Private Equity Investors: The Map to Investigate
- 2.2 Closed-End Funds in Europe: An Overview
- 2.3 Closed-End Funds in Europe: Lifetime of a Fund
- 2.4 Management Fees and Carried Interest
- 2.5 Investment Firms and Banks in Europe
- 2.6 Limited Partnerships in the US
- 2.7 The SBIC Experience in the US
- 2.8 Funds and VCTs in the UK
- 2.9 Taxation around the World
- 2.10 New Solutions: SPACs, Private Debt Funds, Venture Philanthropy, and Crowd Funding
- 2.11 Calculating Returns
ACTIVITIES
1
Assignment
- Week 2
STUDY MATERIALS
1
Readings
- Week 3 - Slides
VIDEO LECTURES
8
Videos
- 3.1 The Managerial Process for Equity Funds
- 3.2 Fundraising
- 3.3 Investing: The Decision Making Phase
- 3.4 Investing: The Deal Making Phase
- 3.5 Managing and Monitoring: Supporting the Company
- 3.6 Managing and Monitoring: Covenants Usage
- 3.7 Exiting
- 3.8 Private Equity Advice for Entrepreneurs - Interview with Fabio Sattin
ACTIVITIES
1
Assignment
- Week 3
STUDY MATERIALS
2
Readings
- Week 4 - Slides
- Support Files
VIDEO LECTURES
1
Discussions
- Where would you found your own start-up?
9
Videos
- 4.1 Company Valuation Fundamentals
- 4.2 Company Valuation: The Pillars of DCF
- 4.3 A Case of Company Valutation for PE Investment
- 4.4 Applying Company Valuation to PE Settings
- 4.5 Applying Company Valuation to VC Settings: The Venture Capital Method
- 4.6 Launch Your Own Startup: Suggestions
- 4.7 PE and M&A - Interview with Eugenio Morpurgo
- 4.8 PE and IPO - Interview with Luca Peyrano
- 4.9 PE, Turnaround, and Restructuring - Interview with Raffaele Legnani
ACTIVITIES
1
Assignment
- Week 4
QUIZ
1
Assignment
- Final Test
Auto Summary
Delve into the world of Private Equity and Venture Capital with this foundational course on Coursera, led by expert instructors. Explore the mechanisms of firm creation and development, financial support through venture capital, and the roles of private equity investors across various business stages. The course spans five weeks, covering key topics from legal issues to company valuation, with insights from industry professionals. Ideal for those with basic corporate finance knowledge, it offers Starter and Professional subscription options.

Stefano Caselli