PRIVATE EQUITY CERTIFICATE

Private Equity is one of the best performing asset classes. The setting up, operation and management of Private Equity and Alternative Asset vehicles is also a dynamically developing sector in Luxembourg with a big demand for skilled employees. In this context, this certificate will provide an overview of the main approaches, structures and actors in Alternative Assets and specifically Private Equity. With well-known on the ground practitioners these elements of a successful Private Equity Fund will be described and discussed in detail.

Practitioners such as fund managers, lawyers, and auditors, tax advisers and other service providers to the industry will share their knowledge and experience and discuss theoretical and practical challenges of their specialization.

This course is designed as overview/introduction to Private Equity/Alternative Assets with further going specialized discussions. It targets financial sector professionals with an interest to develop in Alternative Assets and Private Equity in particular, but it can as well provide a basis for anyone who aims to start a career in these markets. It should be attended by interested people who want to expand their understanding of Private Equity (a basic prior understanding of Private Equity and finance concepts will be helpful for this course but is not a must-have, as basic knowledge can be obtained via prior self-studies).

THE LPEA

The Luxembourg Private Equity & Venture Capital Association (LPEA) is the representative body of Private Equity and Venture Capital practitioners in Luxembourg and the go-to plat¬form for them to stay abreast of the latest industry trends through technical workshops and networking events. The LPEA protects the interests of its 220 members, both investors and advisors (50/50), while playing a key role internationally to promote Luxembourg as a hub for Private Equity and Venture Capital. LPEA and the Jack Welch College of Business & Technology collaborated to create a business certificate for Luxembourg professionals, specifically designed to focuses on Private Equity: The Private Equity Business Certificate Program. Together, we've developed a comprehensive curriculum that offers a unique opportunity to deep-dive into Private Equity and Venture Capital as an asset class, and gain first-hand insight from seasoned professionals on how best to apply what you learn, into your current business or future career. Education and knowledge are key pillars of LPEA’s mission. This initiative with the JWCOB&T is the first of a long-term development in Luxembourg that aims at enlarging the skillset of newcomers and current practitioners in Private Equity and Venture Capital.

Program Structure

  • 1 Year, Part-time, Flexible start date
  • 4-8 courses (12 credit hours total), 6-9 hours per week

    Courses are academically accredited at the graduate level

  • Diverse set of perspectives across industries, professional experience, and academic disciplines
  • Attend courses with students from a variety of backgrounds and companies, ensuring exposure to a broad range of learning experiences
  • Apply credits earned to an MBA degree

    Completed courses may be applied toward the MBA Degree (additional application requirements are necessary)

Curriculum Features

  • Private Equity & Other Alternative Asset Classes
  • Blockchain & Big Data/Cryptocurrencies
  • Operations of Private Funds
  • Mergers & Acquisitions
  • Portfolio Management
  • Behavioral Finance
  • Corporate Finance
  • Resilient Portfolios
  • Risk Management
  • Credit Risk

Key Outcomes

Provide you with key insights into the Private Equity market in Luxembourg

Overview of different elements of a successful operation of a Private Equity fund

Understand the opportunities and functioning of the Alternative Asset classes and the Private Equity market

Lectures by and discussion with practitioners of Alternative Asset market segments

Who Should Apply?

Management professionals in all industries who want to add to or enhance their project management skills

Managers and project team members who have some experience but want to expand their knowledge

Individuals preparing for a master’s program

Individuals wishing to switch from general business or marketing into a career in management

Program of Study

12 Credits for Certificate Completion

Required Course

Private Equity & other Alternative Asset Classes (3CH)

October 1, 2019 - November 14, 2019

This course provides an overview of and discusses the details of different alternative asset classes. Different types of alternative assets, such as Private Equity, Venture Capital, Real Estate, Infrastructure and Private Debt, their strategies, actors and structures applied are presented in this course. A general overview including but not limited to fundraising, typical transactions valuation, value creation, exit strategies and tax structuring will be followed by individual in-depth lectures on different asset classes. Practitioners such as fund managers, lawyers and auditors will be participating in the course and give a first-hand insight into their activity. The course is conceived as more detailed discussion of the alternative asset universe. It targets specifically financial sector professionals in Luxembourg with an aim to develop in alternative assets and Private Equity in particular, but it can as well provide a sound basis for anyone who aims to start a career in Private Equity and alternative asset classes.

Class Dates and Times +
Day Date Time
Tuesday 1-Oct-2019 18:30 - 21:30
Thursday 3-Oct-2019 18:30 - 21:30
Monday 7-Oct-2019 18:30 - 21:30
Thursday 10-Oct-2019 18:30 - 21:30
Tuesday 15-Oct-2019 18:30 - 21:30
Thursday 17-Oct-2019 18:30 - 21:30
Tuesday 22-Oct-2019 18:30 - 21:30
Thursday 24-Oct-2019 18:30 - 21:30
Tuesday 29-Oct-2019 18:30 - 21:30
Thursday 31-Oct-2019 18:30 - 21:30
Thursday 7-Nov-2019 18:30 - 21:30
Tuesday 12-Nov-2019 18:30 - 21:30
Thursday 14-Nov-2019 18:30 - 21:30

Course Instuctor

Jens Hoellermann, MBA

Electives

Choice of 9 Credits (CH) in Finance Electives

Blockchain & Big Data/Cryptocurrencies +

The course aims at providing a hands-on introduction to blockchain, distributed ledger and crypto-currencies. The course will address three major topics: 1) Use cases for blockchain technologies in supply chain management and payment systems as well as tokenization of assets. Secondly, the course will detail how blockchain technology is implemented using different programming frameworks (Ethereum and Hyperledger). The third topic is the design of payment architectures based on blockchain. More specifically, the class will focus on the Interledger protocol developed by Ripple as a key element to achieve global interoperability. (3CH)

Course Instructor

Radu State, Ph.D.
Mergers & Acquisitions +

Mergers and Acquisitions tend to be the most visible, time-consuming, high-risk and high-reward transactions that companies get involved in. Substantial amounts of management time, strategic thinking, and capital are invested into getting them right. The consequences for all stakeholders of this kind of transaction are most of the times very significant. It’s hard to exaggerate the strategic importance of M&A deals to the organizations and the people involved. In addition to their financial importance, they also excite emotions, as they tend to create winners and losers. The course is designed to cover all aspects of M&A transactions, from analysis and preparation to valuation of the target company, implementation and results.

Course Instructor

Tony de Luca, MBA, M.S.

Portfolio Management +

The objective and purpose of this course is to provide an in-depth discussion of the modern development in investments and portfolio management. Both theory and empirical evidence will be discussed. We will also learn insights from the latest findings in behavioral finance and how to incorporate them in the management of a portfolio.

Course Instructor

Nicolas Martelin, Ph.D., MBA

Behavioral Finance +

The objective and purpose of this course is to provide an in-depth discussion of the modern development in behavioral finance. Both theory and empirical evidence will be discussed. We will review the decision-making process along with the different biases and paradoxes that go with it, learn about Prospect Theory, study the formation and burst process of speculative bubbles, and introduce other fields (sociology, behavioral biology, neurosciences, and philosophy) in the understanding of financial markets.

Course Instructor

Nicolas Martelin, Ph.D., MBA

 

Corporate Finance +

Corporate Finance expands upon the principles and techniques of financial management to apply the concepts of the maximization of firm value, the time value of money, marginal cash flow analysis and risk to a range of financial management decisions including financial forecasting, valuation, capital budgeting, the determination of the costs of capital, optimal capital structure, distribution decisions, mergers & acquisitions, and project financing. The course engages students to actively apply concepts and techniques relating to the above areas through the extensive use of case studies. Students will be designing financial models in Excel to analyze problems and will be asked to explain their results and decisions during class discussion. Both quantitative and qualitative strategic considerations will also be debated. Special attention will be played to the identification of key value drivers, justifying and questioning assumptions, conducting sensitivity analysis, and doing what managers do: making-, explaining-, and defending decisions.

Course Instructor

Zoltan Horvath, Ph.D., MBA
Resilient Portfolios +

The idea behind this series of four lectures is to convey some simple decision rules for investing money in the short-term while keeping an eye on the long-term objective of a portfolio. We will try to examine under which conditions a sequence of short-term decisions may lead to the satisfaction of a long-term investment objective, such as retirement.
In order to do that, we will rely upon samples of readable texts from well-known short-term market viewers such as editorials from the FT or Market Perspectives presentations from well-known Market Strategists. We will also look into long-term issues, such as financial planning for retirement purposes in light of the behaviour of stock and bond markets over a 20 year period. The objective of the course is to deliver a toolbox complete with simple decision rules, to assist in the process of portfolio selection. It is intended to deliver “math-light” lectures. Students should understand the statistical concept of mean and variance and the financial concept of the discounting factor.

Course Instructor

Bernard Herman, MBA

Risk Management +

The complexity of the global financial system makes understanding risk management essential for anyone working in, or planning to work in, the financial sector. As the real economy is also exposed to financial risk, risk management has become more important to non-financial corporates and institutions. Students will become familiar with financial risk assessment and management and the regulations applicable for financial institutions. They will learn how important market participants, such as banks, insurance companies, pension funds, mutual and hedge funds, are looking at risk measurement and management. Risk mitigation strategies are explained. Various risk types such as market risk (interest rate risk, currency risk, etc.), credit risk, operational risk, systemic risk are covered and risk management strategies and instruments are analysed. Recent risk management topics such as counterparty credit risk for derivatives, central clearing and collateralization will be covered. International regulations (Basel I-III, Dodd Frank Act) are studied in their historical development as well their most recent modifications aiming to prevent further financial crises.

Course Instructor

Thomas Schröder, Ph.D., Ph.D.

Credit Risk +

The complexity of the global financial system makes understanding risk management essential for anyone working or planning to work in the financial sector. As the real economy is also exposed to financial risk, risk management has become more important to non-financial corporates and institutions. This course will cover in particular credit risk. It will constitute a comprehensive coverage of topical credit risk related issues: credit risk rating, credit risk measurement and credit risk mitigation techniques. It will cover both single-name credit and multi-name credit. Finally, and on a purely optional basis, one supplementary session will cover the Vasicek Model, an elegant and closed-form credit portfolio model. Throughout the course case studies will put the theory learned into practice.

Course Instructor

Jean-Marie Magnette, MBA

9 CH of elective coursework is required for completion of the program.
Students may select their choice of elective courses in Finance.

* CH: Credit Hours
3 CH = 12 class sessions of 3 hours, 36 hours of class contact
2 CH = 6 – 8 class sessions of 3 hours, 18 – 24 hours of class contact
1 CH = 4 – 5 class sessions of 3 hours, 12 – 15 hours of class contact

TOEFL scores or other proof of English proficiency

Minimum score of 570

Relevant Work Experience

Minimum 2 years

€9.700

Tuition excludes text books. Living expenses are additional.

Enroll anytime

Application Form

I WANT MORE INFORMATION

Frequently Asked Questions

What is a Certificate program? +

Certificate programs are graduate-level, advanced studies in specialized skills. Develop new skills and build expertise in a specialized area to update your professional profile, advance your career, or broaden your knowledge base. You can earn a professional graduate certificate at SHU in Modern Business Management, Global Leadership, Investment, or Finance.

How many courses are there in the Certificate program? +

There are 4 courses in each certificate program. These series is unique to the Certificate you choose.

Can certificate courses count towards an MBA? +

Yes, of course! Credits can be transferred to the MBA program and tuition fees will be adjusted. Meet with the SHUL office staff for more details.

What are the differences between the US and the EU campuses? +

The same SHU MBA program exists in two places--Fairfield, Connecticut (USA) and Luxembourg City, Luxembourg (EU). The university in Luxembourg is a branch of the Jack Welch College of Business of the US campus. However, MBA with Internship program is only offered in Luxembourg.

At SHU in Luxembourg, additional course material may be discussed surrounding European policy and viewpoints i.e., in Accounting and Law . The  Luxembourg courses are either taught by full-time US main campus professors  or Luxembourg-based practitiones with strong academic qualifications.. All classes can be taken in class, although on-line classes for a few courses are also available.

Once accepted into the MBA program in Luxembourg, you are matriculated as a student on the main campus in Fairfield and always have the option to take courses in the US.

Quality education and a high caliber of academic standards are the most important components of a university, how do you choose your professors?

Sacred Heart’s approach to managing the quality of the student learning experience and providing public confidence in the quality and standards of higher education all boils down to the right choice in professors who understand what it is like to be an entrepreneur and work in a corporate environment.

When can I start the Part-time MBA, Welch with Internship, or Certificate program? +

The Welch MBA and Certificate programs are ongoing programs that allow you to start at almost any time of the year.

The Welch MBA with Internship starts every year in mid-August or mid-July if foundation courses are required..

Application deadlines are:
European/EEA students - 30 June of the year you start the progam
All other students - 1 April

What is the process for a student visa for non-EU students? +

Student visas will only be granted to students who are enrolling in the MBA with Internship  program. Once students have been admitted to the university, they will need to  apply for a student visa. Our staff will help you with the visa process. IMPORTANT: This process can take 3 to 4 months.

Do I need to have a university degree to do a Certificate program at SHU? +

No, you do not need a university degree to participate in this program. Please contact us to evaluate your professional work experience.

Do I need to take the GMAT? +

You do not need to take the GMAT if you have :

  • A graduate degree from an accredited institution, or a J.D., PhD. or M.D.
  • A professional certification i.e. CPA, CFA, CMA, CIA or CFP
  • A SHU Certificate with a min GPA of 3.5
  • 5+ years of substantive work experience
Do I need to do TOEFL/ IELTS if English is not my first language? +

Maybe. As part of our supportive learning environment, we want to set you up for success. A lack of English proficiency can be a serious obstacle to your performance in the MBA program. If you did your studies in English or you worked in an English speaking environment for several years you don’t need to pass an English test.

Our staff can assist in assessment and finding tutoring if required.

Can I transfer credits from my previous school? +

Sacred Heart University is an accredited university. If you have taken some courses at other accredited universities, our academic review board will review the syllabus for each course and more than likely the credits will be transferred directly to your SHU program here in Luxembourg.

I’m accepted. What do I do now? +

We recommend meeting with the Academic Director to plan your course of study. At this meeting, you will review the order of courses necessary to complete the degree and how your availability fits exactly into completing the coursework. All schedules can be tailored made for the student.

Our short programs