Sustainable & entrepreneurial finance
FIN-429 / 5 credits
Teacher(s): Jondeau Eric, Mitali Shema Frédéric
Language: English
Withdrawal: It is not allowed to withdraw from this subject after the registration deadline.
Summary
This course deals with the role of finance in the transition to a sustainable, low-carbon economy. Students learn how to apply asset allocation techniques to build sustainable portfolios, understand the entrepreneurial ecosystem, and discover the emerging asset class of impact investing.
Content
1. Introduction to venture capital and the entrepreneurial ecosystem
2. What is sustainable finance?
3. ESG criteria and asset allocation techniques
4. Impact Investing
Keywords
- Venture capital
- Environmental, Social, and Governance Criteria
- Asset allocation
- Finance of green innovation
Learning Prerequisites
Required courses
None
Recommended courses
None
Learning Outcomes
By the end of the course, the student must be able to:
- Describe all the institutional aspects of the venture capital and impact investment industry
- Give an example of the asymmetric information problem that drives contracting in the venture capital industry
- Apply finance tools and concepts to the world of sustainable finance
- Assess / Evaluate the ESG profile of an investment opportunity
- Justify an ESG compliant investment approach
- Decide how to deal with carbon risk
Transversal skills
- Communicate effectively, being understood, including across different languages and cultures.
- Plan and carry out activities in a way which makes optimal use of available time and other resources.
- Demonstrate the capacity for critical thinking
- Access and evaluate appropriate sources of information.
- Give feedback (critique) in an appropriate fashion.
- Take feedback (critique) and respond in an appropriate manner.
Teaching methods
Lectures, homework, case studies, expert talks, exercises
Expected student activities
- attendance of lectures
- carry out projects
- do exercises
- participate in class discussion
Assessment methods
100% homework / project based (work to be handed in during the semester)
Supervision
Office hours | Yes |
Assistants | Yes |
Forum | No |
Resources
Virtual desktop infrastructure (VDI)
No
Bibliography
Berk, Jonathan, and Peter DeMarzo, Corporate Finance: Global Edition, ISBN: 9781292304151, 5th edition (June 11, 2019).
Ressources en bibliothèque
Moodle Link
In the programs
- Semester: Spring
- Number of places: 50
- Exam form: During the semester (summer session)
- Subject examined: Sustainable & entrepreneurial finance
- Lecture: 4 Hour(s) per week x 14 weeks
- Type: mandatory
- Semester: Spring
- Number of places: 50
- Exam form: During the semester (summer session)
- Subject examined: Sustainable & entrepreneurial finance
- Lecture: 4 Hour(s) per week x 14 weeks
- Type: optional
- Semester: Spring
- Number of places: 50
- Exam form: During the semester (summer session)
- Subject examined: Sustainable & entrepreneurial finance
- Lecture: 4 Hour(s) per week x 14 weeks
- Type: optional
- Semester: Spring
- Number of places: 50
- Exam form: During the semester (summer session)
- Subject examined: Sustainable & entrepreneurial finance
- Lecture: 4 Hour(s) per week x 14 weeks
- Type: optional
Reference week
Mo | Tu | We | Th | Fr | |
8-9 | |||||
9-10 | |||||
10-11 | |||||
11-12 | |||||
12-13 | |||||
13-14 | |||||
14-15 | |||||
15-16 | |||||
16-17 | |||||
17-18 | |||||
18-19 | |||||
19-20 | |||||
20-21 | |||||
21-22 |
Légendes:
Lecture
Exercise, TP
Project, labs, other