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Private Equity Institute

Private Equity Institute

Degree programmes

We were one of the first business schools in the world to establish private equity courses. Since 2000, we have developed and refined our courses with the active involvement of leading investors, investment bankers and privateWe now offer the best range of private equity focused courses available anywhere. equity managers. We now offer the best range of private equity focused courses available anywhere. 

Our elective courses are offered to graduate students enrolled in the Oxford MBA, EMBAMFE and MLF courses.

Programme courses 

MBA

 

EMBA

 

MFE

 

Elective course details

Private equity

Taught by Ludovic Phalippou, the private equity course opens up one of the more complex areas of financial management. Private equity investments are illiquid and hard to value and those who manage them often become engaged in the decision-making of the companies involved, all of which makes practical skills as important as theoretical knowledge.

Assessed through four case studies, two spreadsheet assignments and a group presentation, the course demands that students constantly apply the material they have been presented.

Entrepreneurial finance

Taught by Tim Jenkinson and Thomas Hellmann, the Entrepreneurial Finance elective aims to help future executives, facing financing and investment decisions in a broad range of entrepreneurial environments, to make better decisions and achieve better outcomes. The course covers all stages of the financing process from initial financial planning to harvesting value.

While the course will inevitably involve looking at a number of technology driven businesses the emphasis is on gaining insights into the entrepreneurial financing process rather than looking at the financing of technology businesses per se.

Entrepreneurial environments considered will include not just young, growing, independent businesses but also those around the buy-outs and spin-outs of units from more established businesses as well as entrepreneurial joint ventures that are established with a view to their becoming independently viable entrepreneurial businesses in their own right. One of the eight sessions will also be devoted to looking at the venture capital industry with a view to providing candidates with a broad understanding of current developments in this area and the likely future impact on the range of financing options and alternatives available from these sources going forward.

The course is designed to focus on the numbers and analytic techniques for gaining insight, although continual attention will also be paid to the incentives facing each of the parties in the financing process. The course will be highly relevant for future executives who may be involved in an entrepreneurial venture at some point in their careers, whether in a turnaround, a management buy-out, a young company or a start-up. The course will also be highly applicable for future private equity and venture capital decision makers.

Asset management

This elective covers foundation principles and modern topics in Asset Management. Students will learn in detail three types of assets: mutual funds, exchange-traded funds, and hedge funds. These asset classes are those that are most debated nowadays and of foremost importance in practice. This course is taught by Ludovic Phalippou and is mainly organized around newspaper articles, guest lectures, and case studies.

Cases in finance and investments

The purpose of this course taught by Andreas T. Angelopoulos is to provide real cases and modelling experience to students in the finance areas of leverage finance, distress & restructuring, mergers & acquisitions, private equity finance (LBO and distress), project and infrastructure finance based on:

  • Information memorandum and financial modelling analysis by the Lecturer
  • Case analysis & financial modelling by the students
  • Case presentation and interaction with industry executives
  • Project development by a group of students

Real estate

The course will explore and explain real estate as an economic sector, an industry, a business, an investment, an asset, a resource, a project, a profession, and a discipline; and as a catalyst for organizational, social and environmental change. Using case studies, texts, research, and analytical methods, the course will show how real estate enterprises and projects originate; how to finance, market and manage real estate "products"; and how leaders in non-real estate businesses, and in the public and not-for-profit sectors, use real estate in strategically and operationally. Special emphasis will be given to the changing roles of real estate executives and professionals, methods of creating economic and social value, the dynamics of emerging markets, and opportunities for careers in real estate.

Leading real estate executives, professionals and academics will participate in five of the eight class sessions to offer insights from their experiences and to exchange views with students. This elective is funded by The Investment Property Educational Trust.

Capital raising and finance

This module, taught by Andreas T. Angelopoulos, examines the role of capital raising for entrepreneurs, investors and companies based on: theory, cases and financial modelling, speakers and a project following the ‘Connect Theory with Practice‘ approach aiming students to acquire not only the required theory of the finance instruments and methods but also to develop their execution and modelling skills for their interviews and career. We will cover:

  1. Finance instruments: Debt (loans and bonds), quasi-equity (shareholder loans, convertible bonds, preference shares), equity (preferred ordinary shares, ordinary shares)
  2. Finance methods: Equity and quasi-equity finance: growth capital, IPO (primary & secondary offer), primary (rights issue and capital increase), secondary (follow on), equity linked (convertible bonds) and debt finance: leverage finance, project finance, infrastructure finance
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