CUHK MBA – Venture Capital and Private Equity (FINA6230XA)
The primary objective of this course is to equip students with a goodunderstanding of venture capital and private equity industry. This course gives in-depth knowledge of the structure and mechanism such as the incentive schemes and exit strategies of the industry. In addition, students will be provided withdifferent arguments about the pros and cons of involving VC financing under various conceptual frameworks and hypotheses suggested by researchers globally. The applicability of these conceptual frameworks and hypotheses in China and Hong Kong will be addressed in details.
Apart from the theories covered in the first lecture, this course highly concentrates on market practices. It emphasizes developing students with skills onproject evaluation, company valuation and investment due diligence. Techniques such as drafting a term sheet and structuring a convertible note will be discussed thoroughly. Special attention will be given to the experiences (both good and bad) in investing ventures in China. To consolidate the practical aspect of the course, guest speaker(s) in the VC/PE industry will be invited to share his/her actual experience with the class.
This course is suitable for students who have genuine interests in the industry and those who consider raising funds for their ventures from various industrial players.In addition, this course and MBAC6092XA Applied Entrepreneurship – Remodeling & Fundraising in Asia represent the ‘buy-side’ and the‘sell-side’of the game. The new MBAC6092XA will concentrate on skills & techniques for venture development and fund raising.
After completing this course, students should have a comprehensive understanding ofinvestment criteria and the processof venture capitalists and private equity fund managers.
NUS MBA – Venture Capital (BMA5128)
Venture Capital (“VC”) invests in young and privately companies with great potential. It provides growth capitals to early stage ventures and is a vital piece in the entrepreneurship ecosystem. However, the raise of technology has given VC a new dimension in MNCs and corporations. Many corporations across different industries such as Intel, Johnson & Johnson, GIGNA, Novartis, Mitsubishi, Sumitomo, British Petroleum, Jardine Matheson, Alibaba, Saudi Aramco and Singapore Press Holding have established their own corporate VC funds. Techventure investing becomes a commonly adopted approach for MNCs to ‘manage’ technology changes.
This course gives in-depth knowledge of the structure and mechanism such as the incentive schemes and investment process of the industry. In addition, various conceptual frameworks and hypotheses suggested by researchers globally will be introduced to give students a comprehensive view on the operation of VCs. Different arguments about the pros and cons of involving VC financing will also be discussed. Various aspects related to the operation of corporate VCs will also be discussed thoroughly.
Apart from the theoretical frameworks covered in the initial lectures, this course highly concentrates on market practices. It emphasizes on developing students with skills on proposal screening, project evaluation, valuation of young ventures, investment protection and due diligence planning. Techniques such as drafting a term sheet and structuring a suitable investment instrument will be discussed thoroughly.
To consolidate the practical aspect of the course, guest speaker(s) from the VC industry will be invited to share his/her actual experiences with the class. Students also need to conduct investment analyses on existing most updated technology ventures. Special attention will be given to the experience sharing in failure technology venture investments.
The course is designed mainly for students who have genuine interests in joining the industry, those who consider starting their own ventures with possibility of raising capital from venture capital, and business executives who face the challenge of rapid change in technology.
After completing the course, students are expected to understand
the structure of venture capital industry
the implications of the rapid change in technology
the roles of venture capitalists (and corporate VCs)
the venture investing skills: proposal screening, project evaluation, valuation of ventures, investment terms, negotiation, due diligence and investment instruments.
CUHK(SZ) – Master of Business Management
MBM – Entrepreneurial Finance & Private Equity (MBM6302)
第一单元是主要为创业人士而设，亦即是着重于怎样为创意而「融资」。 第二部分聚焦于为对创投有兴趣的人士而设计，主要是教授「创业投资」的运作方法。 由此希望学生在课程后，对创业金融有一个全面的认识。
第一单元: 创业融资 (Fundraising for Entrepreneurial Ventures)
第二单元: 私募股权 (创业投资) Private Equity (Venture Investing)
创业基金投资者（风险投资者，VCs）和天使投资人 (Angels) 投资潜力巨大的年轻和私营企业。 他们为早期创业提供增长资本，是创业生态系统中的重要组成部分。 然而，科技的快速变化，为创业基金投资者和天使投资人在管理投资组合带来的各种问题。
本课程深入教授创业投资行业的结构和机制次的知识，例如其激励方法和投资过程等。此外, 亦将讲解与介绍全球科技创业投资的各种概念框架，让学生全面了解创业投资基金行业的运作。 除了所涵盖的投资框架外，本课程还高度关注市场实践。 它强调培养学生在提案筛选、项目评估、初创企业估值和尽职调查规划方面的技能 。
- 创业投资技能: 提案筛选、项目评估、初创企业估值、投资保护和尽职调查