Course Detail

Entrepreneurial Finance and Private Equity (34101)

Course Description by Faculty

  • Kaplan, Steven
  • Content

    This course uses the case method to study entrepreneurial and private equity finance.  Private equity in all its forms has become a meaningful and growing component of the global economy.  On the supply side, the amount of private equity under management - by partnerships investing in venture capital, growth equity, leveraged buyouts, distressed companies, etc. - has increased substantially in the last two decades. On the demand side, a large number of MBAs and others are interested in starting and managing their own businesses.

    The primary objective of the course is to provide an understanding of the concepts and institutions involved in entrepreneurial finance and private equity markets. To do this, the course has been designed to be broad and comprehensive. We will explore private equity from a number of perspectives, beginning with the entrepreneur/issuer, moving to private equity - venture capital, growth equity and leveraged buyout - partnerships, and finishing with investors in private equity partnerships.

    For each class meeting, study questions will be assigned concerning a case study. We will discuss these questions and the material in the case for most of the class period. Before each case discussion, each student will be required to submit a memorandum (up to two pages) of analysis and recommendations. Group work is encouraged, but not required on these short memoranda. Memoranda with up to three names on them are acceptable. We will use journal articles and some lectures to supplement and enhance the case discussions. All required cases and supplementary readings will be posted online in Canvas.

    Pre-assignment: Students are responsible for a memorandum for each case we discuss in the first class. The first class assignment is detailed in Canvas. All students (including those who are not registered, but are trying to add the course) must attend and prepare the first week. Students who do not attend the first week cannot take the course.

  • Prerequisites
    At least one of Business 35200, 35201, 35902, 34106 or 30130: strict (or with permission of instructor). Instructor permission required for auditors.
    • No non-Booth Students

    • Strict Prerequisite

  • Grades
    Based on class participation (40%), the short memoranda (10%), and a final exam (50%). Cannot be taken pass/fail. No non-Booth students.  No auditors.
    • No pass/fail grades

  • Syllabus
  • Autumn 2022Section: 34101-01MW 10:10AM-11:30AMHarper CenterC08In-Person Only
  • Autumn 2022Section: 34101-02MW 1:30PM-2:50PMHarper CenterC08In-Person Only
  • Autumn 2022Section: 34101-81M 6:00PM-9:00PMGleacher Center204In-Person Only
Description and/or course criteria last updated: August 2 2022