The program offers 2 core courses for the attendees in order, to comprehensively understand international financial markets, enhance the financial and banking knowledge, and key leadership skills imperative in the accelerated business world. Finance & Leadership summer school consists of the courses Corporate Finance & Leading Entrepreneurial Venture. Courses are credited for 6 ECTS each.
Schedule | Classes will take part from 9 am to 4 pm (One-hour lunch break)
Certification | A certificate of attendance will be delivered. The workload is equivalent to 12 ECTS in total.
In this course, you will get a first overview of all financial aspects of new and existing businesses. You will see that at the beginning, companies require significant outside financing to pay for their operations. Eventually, investors will want to see a return on their investment, in the form of interest and dividend payments. Before discussing the key sources of financing for corporations, the professor will make sure that everyone understands the language of finance (and business in general): financial accounting. You will then get an overview of sound investment decisions (capital budgeting), and the main two sources of finance: equity and debt. You will follow the (financing) steps of an imaginary but realistic company through its start-up phase and interactions with individual financiers (business angels and venture capitalists), banks, and eventually the stock and bond markets. You will also address the capital structure, corporate governance, and dividend policy. Finally, we will study how we can estimate the value of firms, and shares of partial ownership (‘stocks’ or ‘equities’).
Professor: Dr. Jos van Bommel
Professor Dr. Jos van Bommel is an associate professor at the University of Luxembourg. He holds an MSc. from the University of Eindhoven, an MBA from the IESE Business School, and a Ph.D. in finance from INSEAD. His conducts empirical and theoretical research in various areas of corporate finance. His research on IPOs, market microstructure, banking and corporate governance has been published in the Journal of Finance, the Journal of Corporate Finance, and many other peers reviewed academic journals. Prof. Dr. Jos van Bommel has taught MBA students and executives, at a.o., Babson College, Oxford University, and Esade Business School.
Students will gain an understanding of the processes at each step of bringing an idea to market including, but not limited to: opportunity identification, customer development, crafting a business model, choosing the founding team, partnerships, pitching, and investors.
At the conclusion of the course students should be able to:
Identify and validate opportunities from which companies are started
Perform customer development and market research to define a strong a business model
Interview customers to validate a business model
Assemble a startup team
Analyze and develop startup financials
Understand the different startup investors and how they make investment decisions
Craft an investor pitch.
Professor: Peter Scott
Presently Peter is Director of Business Development for Blue Newt Software. Blue Newt focuses on the connected world. Peter is also leading the divestiture of two Blue Newt subsidiaries. Concurrently Peter is a Training Consultant focusing on international development in emerging economies. As a Professor of Entrepreneurship at Syracuse University Peter taught students how to understand customers, business models, and to bring new ideas to market. Additionally Peter was an adjunct Professor at the International School of Administration in Karachi, Pakistan, the University of Science and Technology Chengdu China and Sejong University in Seoul, S. Korea. and the Center for Creative Studies in Detroit Michigan.
Over the years Peter has worked with 25+ technology starts, helping founders develop business models, marketing plans, financing strategies and raising investment.