Author Profile

Antoine Rech

Antoine Rech is the Administrative Director of the Luxembourg branch of Sacred Heart University, Fairfield, USA. He directs and oversees the functions of the Jack Welch College of Business and performs administrative and programmatic functions including technology, human resources, and public relations. Antoine oversees admission activities for all Luxembourg academic departments in close collaboration with program faculty and staff, reviews and evaluates candidates for admission and counsels prospective students. Antoine is responsible for strategic planning, policymaking, and maintaining organizational effectiveness; he oversees the management of office staff and outside consultants. Prior to serving as Administrative Director, Antoine Rech was the Project Manager at Technicolor Luxembourg, part of the THOMSON Group. In this role, he managed clients representing 5 million euros of annual revenue and supervised orders and special projects handling for Microsoft and Disney. From 1999 to 2001, Antoine worked in New York for Bloomingdale’s and a wine import company located in SoHo where he developed and maintained an effective marketing communication strategy. Antoine received his Bachelor of Arts degree from the Ecole Française des Attachés de Presse (EFAP) in Lille, France, his Master of Arts degree from the Marymount Manhattan College in New York, USA, his Master’s degree in International Business from ICN in Nancy, France and his MBA from Sacred Heart University in Luxembourg, where he lives with his wife and two daughters.

Summer Voices: Meet our Alumni Soyeh Kim, from her MBA to a Leadership Award

“What this MBA brought to me” – Soyeh KIM

In fact, I was very hesitant to share my story when I was asked from the school. The reason was that I am not a successful career woman enough to put my story through this campaign and that is why I am not as capable or superior as others. I was just a selfish student who wanted to receive the maximum return on my investment of my time, effort and tuition for this MBA study.

At least for me, it’s clear that this MBA has been a valuable gift that has really helped me grow a lot in my career path. So I hope any new MBA students who worry about future jobs after graduating, especially during this difficult economic situation from Covid-19 right now, could find motivation again and be encouraged through my actual story on career change through this MBA.

I graduated from Korea University, one of the top 3 universities in Korea, and have been working in Korea for over 10 years. I worked at a pharmaceutical company as an Accounting & Finance manager, and also managed my own company of Math and English academy as a CEO in South Korea. While living in my country, it is true that I was quite confident in my education background and work experiences until before coming to Luxembourg.

In December 2014, when my husband was sent to Luxembourg as an Expat, I quit my job and came here. I might say that I was a competent career woman in Korea, but it was very different in Europe.I couldn’t speak the language necessary in this country properly, I lacked knowledge of businesses and working experiences in Europe. So I realised I should not be arrogant but humble. When I came to Europe, my first thought was “Let’s come back to the mindset when I started to work after graduating university and learn step by step from the beginning””

My MBA started in this way.

It was the first Economic class that strengthened my attitude of “let’s be humble” that I decided with the start of the MBA.

I studied hard all night long enough to solve all the test questions in the textbook during taking Economics, my first MBA course. However, in the middle and final exams, I was so surprised to find essay-type questions, which was completely different from my expectation. I prepared for the exam only based on the textbook and I couldn’t even clearly understand the question itself. Finally, I got a grade of “F”.
It was very shocking to me because I was always one of the best students during my primary and secondary schooling in South Korea and never received this grade also in the University. Then, I was seriously thinking to quit this MBA from realising that this is completely different from studying in Korea and I’m not capable of this MBA if I was “F,” even after studying so hard. I met the Admin director, Mr.Antoine to discuss quitting this MBA.

When Professor Alfred, who was teaching this Economic course, called me, I suddenly burst into tears and I said it would be better to give up on the MBA.
At this time, when he told me “Soyeh, we evaluated all your academic background and working experiences during admission evaluation, then we finally decided to accept you as our student because we thought you are capable of this MBA study. The result of your first course is not everything and you can find out the right direction of your studying through this experience.” I also remember Mr. Antoine, admission director, encouraged me by saying ” When you would graduate two years later with competition from all courses with good grades, we might laugh together by mentioning “what if I had quit my MBA then?”.

The experience of failing to receive an “F” in Economics, a basic subject that everyone can easily pass, has always humbled me in front of every learning during my MBA studying.
In every class, I had no choice but to study through the night, and I searched the concepts that I didn’t understand well through YouTube to listen even while driving. Because listening and speaking in English was not easy for me and I couldn’t understand properly sometimes without this kind of hard preparation in advance.

I had to prepare all classes so humbly for two years, and in every class, I had to focus on 100% to learn without forgetting each professor’s explanation and classmates’ opinions.
The reason was because I was convinced that through failure, I was able to pinpoint my deficiency and where I am, and humbly learn everything, that this is the best way to get the highest return on the time, effort, and tuition I have invested in this MBA

I, who had lost confidence and tried to give up this MBA, actually learned more through failure and I graduated with excellent achievements by receiving a Leadership Award in 2018.

When I was taking the “Management” course, the professor Tony shared many good stories and experiences we need to know at the Manager level, from Finance to Effective leadership and team Management. One of the most memorable words from him was to consider a small company where I could contribute more than an oversized organization so my skills and capabilities could shine more valuably. Now I am experiencing firsthand the true meaning of Professor Tony’s words. I am the CFO at MasonBower and take responsibility for the company’s internal financial strategy and planning, and as a client consulting project, I am in charge of all financial consulting from financial business plan to enterprise valuation for supporting startups/SMEs funding opportunities as well as supporting Korean business development from my native language in Korean. When I was joining MasonBower in 2018, there were less than 10 employees as a small sized entity but this company had a lot of potential for business growth. Also this company was looking for Korean speaking Finance professional. Because I joined the company where my knowledge and experiences in South Korea were able to be useful and shine more than what I had actually, thankfully, I could enjoy my working a lot with great motivation.

Through the MBA, I could combine theoretical knowledge through in-depth learning with the practical skills in Accounting and Finance, which I have learned mechanically through actual work in South Korea. This enabled me to develop better insight to plan and lead the company’s financial strategic direction in the mid-to-long term.

The MBA is not just a part of each subject’s textbook or learning on theory. Experience of sharing different thoughts and experiences regarding various topics with different professors, classmates from different countries and cultures is a much more valuable thing that I would never have had during my 41 years of life before I started my MBA.
Through this time, I was able to learn naturally how to truly understand different cultures and communicate with open-mind and no prejudice by discovering strengths and good things from each of them and learning to respect each other. This valuable experience I learned through the process of establishing relationships with various people from different cultures is really helping me whenever I meet clients from various countries and have business meetings at current workings.

As I shared my story, I’m not special and also not so professional at my career. Still my English needs improvement a lot and also I need to learn more and study continuously to be a good CFO. Also I don’t think my career development was possible through only my personal efforts. I was able to happily achieve the second chapter of Professional Development in Europe because I could start working at a great company, MasonBower, I can contribute a lot for. It was possible that there was our CEO, Mr.James MONNAT(he is also a SHU MBA Alumni) who has always trusted me and opened up many opportunities to challenge new ideas and planning. Also, there were my valuable MasonBower colleagues who encouraged me whenever I was exhausted and helped me whenever I felt my limitation of capabilities and tried to give up. Most of all, there was my great family who were very supportive during MBA and working now. So, I can still dream today the third chapter of my personal and professional developments after 5 years, 10 years and even 20 years.

For the near future, I’m dreaming of 2 objectives in my career as a 5 years planning. One is to become a strategic and operational CFO who is very confident in not only in Accounting and Finance management and knowledge but also in creating the strategic plans to move a company forward for business growth. The other is to provide services of “outsourced CFO” to our future clients who are expanding their business into Europe and set-up their entity in Luxembourg. In order to be able to step closer to my professional development plan after 5 years, I will continue a new challenge and learn with a humble attitude as I appreciate it as an opportunity to learn whenever a new responsibility is given.

LPEA-SHU Private Equity Training: OCT 5 – NOV 30

PRIVATE EQUITY & OTHER ALTERNATIVE ASSET CLASSES

OCT 5–NOV 30

9 WEEKS

18:30–21:30

3 hours
per class

12 CLASSES

1-2 classes
per week

Certificate
Course

€1,950

Chamber of Commerce

Training Center
Luxembourg-Kirchberg
(parking provided)

LPEA & SHU PARTNERSHIP

The Luxembourg Private Equity & Venture Capital Association (LPEA) and the Jack Welch College of Business & Technology at SHU have joined forces to create a business certificate for Luxembourg professionals, specifically designed to focus on Private Equity: The Private Equity Business Certificate Program.

Together, the LPEA and SHU developed a comprehensive curriculum that offers a unique opportunity to deep-dive into Private Equity and Venture Capital.

EDUCATION AND KNOWLEDGE ARE KEY PILLARS OF LPEA’S MISSION

This initiative with the Jack Welch College of Business & Technology is the first of a long-term development in Luxembourg that aims at enhancing the skill set of newcomers and current practitioners in Private Equity and Venture Capital, while embracing the University’s “Learn Today, Apply Tomorrow” mission.

JOIN OUR FLAGSHIP COURSE:

PRIVATE EQUITY & OTHER ALTERNATIVE ASSET CLASSES

You’ll gain first-hand insight from seasoned professionals and experts on how best to apply what you learn,
into your current business or future career.

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REGISTRATION REQUIRED

REGISTRATION DEADLINE: OCTOBER 5, 2020

DOWNLOAD COURSE SYLLABUS

FREE DOWNLOAD

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By clicking the submit button, you agree to the Privacy Policy and you accept to receive communication on our programs and receive personal advice from SHU to support your learning development needs. If you do not wish to share your contact details with us, please contact us at info@shu.lu to receive the electronic brochure for this program by email.


DIVE INTO PRIVATE EQUITY AND VENTURE CAPITAL

Private Equity is one of the best performing asset classes.

Over the past decades, the industry has consistently grown to exceed €4 trillion in assets under management. Those distributions, combined with the poor performance and volatility linked to traditional asset classes, have driven a number of new investors to enter the Private Equity world.

Luxembourg is one of the most popular jurisdictions for private equity and venture capital. Whilst historically a local presence in Luxembourg was limited mostly to smaller and/or emerging General Partners, many large international houses have set up and conducted business out of Luxembourg since the middle of the last decade with a considerable and growing local substance.

The Alternative Investment Fund Managers Directive (AIFMD) introduced new organizational requirements and specific disclosure rules regarding AIFMs managing AIFs which acquire control of non-listed companies and issuers. Focus shifted from well-known product regulation to manager regulation.

The alternative investments industry accepted the challenge and is governed today by a framework that is eligible to develop into a brand, just as the UCITS Directive.

PE managers appreciate Luxembourg's business friendly environment and they have embraced the introduction of the Reserved Alternative Investment Fund (RAIF), which completed the Luxembourg investment fund toolbox by a manager-regulated alternative fund.

In a fast changing environment, the industry is however facing challenges of an economic and regulatory nature. While Luxembourg has been active in the Private Equity field for more than two decades, until recently very few large investment vehicles were established there. In this new paradigm, the appetite for the Luxembourg fund structuring toolbox has increased beyond expectations. The diverse range of vehicles, from unregulated to regulated products, together with the asset class expertise developed over the years within the professional community and the CSSF are key factors of this collective success.

This shift is driving a strong demand for skilled employees who understand how the industry operates in its entire value chain—from fund structuring through to operations and exits.

The Private Equity & Other Alternative Asset Classes course and the Private Equity Business Certificate Program aim to meet the growing demands of the industry by delivering both engaging and challenging courses, providing participants with tailored curriculum and professional insights to develop new skills and knowledge directly applicable to the day-to-day business operations.

REGISTRATION DETAILS - REGISTRATION REQUIRED

  • Standard Price: €1,950 (EUR)
  • REGISTRATION DEADLINE: OCTOBER 5, 2020
  • REGISTER ONLINE – REGISTER NOW
    When you are ready to register, access the online registration system HERE.
  • Partial Payment is due upon registration. Participants will be invoiced separately for the remaining fee balance. Your space is secured upon receipt of full payment.
  • Price includes learning materials and processing fee.

DATES & TIMES

OCT 5 – NOV 30 | 12 CLASSES | 3 HOURS/CLASS | 1-2 CLASSES/WEEK

Class Day Date Time
1 Monday 5-Oct-2020 18:30-21:30
2 Tuesday 6-Oct-2020 18:30-21:30
3 Saturday 17-Oct-2020 14:00-17:00
4 Monday 26-Oct-2020 18:30-21:30
5 Monday 2-Nov-2020 18:30-21:30
6 Tuesday 3-Nov-2020 18:30-21:30
7 Monday 9-Nov-2020 18:30-21:30
8 Monday 16-Nov-2020 18:30-21:30
9 Tuesday 17-Nov-2020 18:30-21:30
10 Monday 23-Nov-2020 18:30-21:30
11 Saturday 28-Nov-2020 09:30-12:30
12 Monday 30-Nov-2020 18:30-21:30

WHAT YOU WILL LEARN

This course 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 the elements of a successful Private Equity Fund will be described and discussed in detail.
The course will specifically address:

  1. Alternative Asset Strategies such as Venture Capital, Leveraged Buyout, Real Assets and Private Debt.
  2. The fundraising, investment and portfolio management of Private Equity funds.
  3. Legal and tax aspects of selecting and setting up Private Equity vehicles.
  4. The exiting and performance measurement and reporting for Private Equity funds.

KEY BENEFITS

  • Grasping the Big Picture.
  • Introduction to 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 specialized practitioners of Alternative Asset market segments.

COURSE FEATURES

  • Lecture-based teaching method with interactive in-class discussions.
    (Basic preliminary studies, i.e. via internet, would be helpful.)
  • Practitioners such as fund managers, lawyers, auditors, tax advisors and other service providers to the industry will share their knowledge and experience and discuss theoretical and practical challenges of their specialization.
  • Participants will be required to participate actively in the class discussions.
  • Team Project: Your Private Equity/Alternative Asset Fund
    Participants will be split into teams the start of the course. The project will aim at simulating a real-life launch of an alternative fund using the topics covered throughout the course, and displaying that you understood the “Big Picture”. Participants will showcase their findings and fund in final pitch presentation.
    Faculty will be available throughout the course to provide feedback and advice.
  • Grading will be based on discussion participation and the Team Project.
  • Participants learn to recognize how they can use material in the context of their own organization and apply concepts in their professional environment of future career.
  • A diverse set of perspectives across industries, professional experiences and academic disciplines: participants come from a variety of backgrounds and companies, ensuring exposure to a broad range of learning experiences.
  • This courses is academically accredited at the graduate level.
  • Credits earned may be applied toward the Private Equity Business Certificate or the MBA Degree.

WHO SHOULD ATTEND?

This course is designed as overview/introduction to Private Equity/Alternative Assets with more detailed and specialized discussions of the alternative asset universe.

  • Financial sector professionals with an interest to develop in Alternative Assets and Private Equity.
  • Individuals aspiring to start a career in the Alternative Assets and Private Equity markets.
  • Professional AND Individuals looking to expand their understanding of Private Equity.
  • Basic prior understanding of Private Equity and finance concepts will be helpful for this course, but is not a “must-have”.
    (Basic knowledge can be obtained via prior self-studies.)

COURSE INSTRUCTORS

EXPERT APPEARANCES

Experts in the Private Equity and Venture Capital field, including fund managers, lawyers, auditors, tax advisors and other service providers to the industry will share their knowledge and experience and discuss theoretical and practical challenges of their specialization.

DOWNLOAD COURSE SYLLABUS

FREE DOWNLOAD

Send download link to:

By clicking the submit button, you agree to the Privacy Policy and you accept to receive communication on our programs and receive personal advice from SHU to support your learning development needs. If you do not wish to share your contact details with us, please contact us at info@shu.lu to receive the electronic brochure for this program by email.

Entrepreneur-in-Residence Mentors Students with Big Ideas

Ventures are open to everyone, not only business majors

When a student or professor in Sacred Heart University’s community has a brilliant idea for a new product or service but doesn’t know how to turn the thought into a plan, it’s time to see Richard Guha, SHU’s entrepreneur-in-residence. Even while most University business and classes are being conducted online during the pandemic, Guha is still available to mentor inspired Pioneers.

Richard Guha Over the last 28 years of Guha’s distinguished 45-year career, he has engaged with startups as founder, board member, CEO, mentor and investor. Several of the startups in which he has been involved have had multi-million-dollar exits—meaning the business was acquired or, rarely, it issued an initial public stock offering—and one currently has a $1 billion valuation.

“When classes are in session on campus, I walk around and chat with students,” Guha said. “As I develop a rapport with them, they gain the courage to ask questions and talk to me about ideas that have been floating around in their heads.” Without the current ability to chat informally with students, he’s reminding them that they can still reach out to him during this time.

Guha’s mission as SHU’s entrepreneur-in-residence has three components. The first is encouragement of students’ curiosity about new ideas and possibilities. “I want them to come to me even if they are just curious about being an entrepreneur. You can even come talk if you don’t have any ideas but want to find out what’s involved in being an entrepreneur,” Guha said.

The second component is guidance. Guha teaches students how to execute the next steps for pursuing their venture. He guides them through negotiating the legal structure and finding a lawyer who will work with them for free or inexpensively, setting up their books, developing a plan or product road map, marketing their business and hiring the right people when the time comes. “I won’t do the work for them, but I help them do it themselves. If there is something they cannot do, I help them find someone who can work with them.”

Third, Guha helps introduce his clients to those in the industry who may be able to help with investments and business set-up to get them on their way.

Entrepreneurship is not only for business majors. “Whatever your degree is, you can apply it to being entrepreneurial,” said Guha. All experience is relevant. “Don’t think that your life has to be linear. Just because you want to do something different than what you’ve done so far, doesn’t mean that you don’t have the experience to make it work.”

Don’t let a fear of failure get in your way, he advised. “I’ve mentored students who went off and did something entrepreneurial for a year or two after college, and either it failed, or they lost interest. When they joined a large corporation, they went into a higher-level position than they would have straight out of university.” Corporations value the experience gained from being an entrepreneur, even if one fails. “There is nothing wrong with trial and error. As an entrepreneur, you are the CEO, the chief innovator and the chief marketing officer. The things you learn are more relevant than you realize.”

People with entrepreneurial spirit are excellent assets to the innovation within companies—often called intrapreneuring—because they come up with new ideas for new businesses within the corporation. Nonprofit organizations also offer opportunities for entrepreneurs or intrapreneurs.

Wilder Rumpf ’20, who carried a double major in finance and economics at Sacred Heart, consulted with Guha for over a year while forming FinTron, a broker-dealer business currently developing a banking and investing app for people between the ages of 18 and 39. “FinTron has gone on to raise more than a half a million dollars in just under a year,” said Rumpf, noting that he also owes special thanks to Professor Mark Ritter and late Professor John Gerlach.

“Richard is a wonderful mentor with an endless Rolodex of connections. He provided me with industry insight, connections to resources and a friendly face during some tough times I’ve faced as a founder,” said Rumpf, who plans to launch FinTron this summer.

“Richard has given me great advice on what direction to take with my business endeavors and what I can do to proceed,” said Caitlin Golynker ’23, a business management and finance major at Sacred Heart. “He possesses connections in various fields that can help your idea progress and give you the ability to collect more information on your idea.”

Tobi Aminu ’20, who graduated with a degree in finance and plans to continue his education in Sacred Heart’s MBA program, has spent a great amount of time with Guha preparing business plans for his venture. “I feel like a sponge whenever I speak with Mr. Guha,” said Aminu. “His wisdom is endless and I know I will benefit from this opportunity.”

“The Sacred Heart community is lucky to have someone with Richard’s depth of business acumen and experience, who is available to help create the entrepreneurs of tomorrow,” said Martha Crawford, dean of the Jack Welch College of Business & Technology. “Anyone with an inkling of an idea should spend some time talking to Richard. He’s an invaluable resource to our students and faculty.”

Guha also often serves as a judge and mentor for startup weekends, much like Techstars and Sacred Heart’s virtual startup weekends. Participants often contact Guha after the weekend is over, seeking advice on how to move their business plan forward.

The goal of the entrepreneur-in-residence program is to produce Sacred Heart alumni with an entrepreneurial frame of mind who believe there are no boundaries to what they can accomplish.

Anyone from Sacred Heart can reach out to Guha at Richard@guha.us at any time, even if it’s just to talk about what entrepreneurship entails.

Lunch & Learn: Get Unstuck – Own Your Career

Wednesday, June 10 | 18:00 – 19:00 pm (GMT +2)

You have identified that it’s time to take responsibility and add value to your career. Taking ownership of your career will involve some short-term effort, but can quickly evolve into an exciting opportunity on your own terms. This session will offer up some great insights to help you build a new framework for your career.

This week’s fourth Wednesday Webinar in the Lunch & Learn series, sponsored by The Center for Career and Professional Development, features Rudy Favard ’15, Erica Lucca ’11, Courtney Perlee ’10, and Maureen Mackey and Meg Sahagian of Mackey Staffing as they focus on ways to own your career, how to move forward, and identifying when it’s time to say goodbye.

WATCH REPLAY

Join via Facebook Live

Lunch & Learn: Marketing Yourself for Career Success

Wednesday, June 3 | 18:00 – 19:00 pm (GMT +2)

Navigating your professional career can be challenging especially in times of uncertainty. Do not stop working on your career action plan because of our ‘new normal’. This session will help ignite your star power to design a marketing strategy for you to pivot and stand out.

This week’s third Wednesday Webinar in the Lunch & Learn series, sponsored by The Center for Career and Professional Development, will feature Taylor Anastasio ’15, Juliana Fetherman ’18, ’19, Nicole Gittleman ’15, and Chuck Marcelin ’13 as they share their insights on the methods and benefits of effectively marketing yourself, crafting your pitch, and how to stay positive and encouraged during these challenging times.

Watch Replay

Join via Facebook Live