Our summer program will host students from all over the world who are interested in spending three weeks learning and experiencing academic excellence in beautiful Luxembourg, one of the world’s preeminent financial centers.
LSB SUMMER SCHOOL PROVIDES TWO COURSES:
- Corporate Finance
- Leading an Entrepreneurial Venture.
The 2 classes are mandatory.
SCHEDULE: Classes will take place from 9 am to 4:30 pm (One-hour lunch break, 2 times 15 minute coffee break), from Monday to Friday.
CERTIFICATION: A certificate of attendance will be delivered.
The workload is equivalent to 6 ECTS per course.
- Being at least an undergraduate student
- Fluent in English
- Visa authorization if any
- Students can apply online until July 1st, 2019.
This program will take place at Luxembourg School of Business.
Luxembourg School of Business (LSB) was created to provide, promote and advance top quality high-level international business education.
Luxembourg School of Business is paving a new way in the higher-education landscape by using the best of what the world has to offer and delivering this knowledge through our innovative teaching methods, actionable entrepreneurial mindset and our world-class international faculty.
LSB is located in the heart of Luxembourg in Gasperich in the area called “Cloche D’Or”.
LSB provides a unique learning environment tailored to maximize the academic experience without hindering the dynamic lifestyle of students.
Corporate Finance Course
In this course, you will get a first overview of all financial aspects of new and existing businesses.
You will see that at the beginning, companies require significant outside financing to pay for their operations. Eventually, investors will want to see a return on their investment, in the form of interest and dividend payments. Before discussing the key sources of financing for corporations, the professor will make sure that everyone understands the language of finance (and business in general): financial accounting.
You will then get an overview of sound investment decisions (capital budgeting), and the main two sources of finance: equity and debt. You will follow the (financing) steps of an imaginary but realistic company through its start-up phase and interactions with individual financiers (business angels and venture capitalists), banks, and eventually the stock and bond markets. You will also address the capital structure, corporate governance, and dividend policy.
Finally, we will study how we can estimate the value of firms, and shares of partial ownership (‘stocks’ or ‘equities’).
Dr. Jos van Bommel, Luxembourg School of Finance
Professor Dr. Jos van Bommel is an associate professor at the University of Luxembourg. He holds an MSc. from the University of Eindhoven, an MBA from the IESE Business School, and a Ph.D. in finance from INSEAD.
His conducts empirical and theoretical research in various areas of corporate finance. His research on IPOs, market microstructure, banking and corporate governance has been published in the Journal of Finance, the Journal of Corporate Finance, and many other peers reviewed academic journals.
Prof. Dr. Jos van Bommel has taught MBA students and executives, at a.o., Babson College, Oxford University, and Esade Business School.
- customer development
- crafting a business model
- choosing the founding team
- and investors.
- Identify and validate opportunities from which companies are started
- Perform customer development and market research to define a strong a business model
- Interview customers to validate a business model
- Assemble a startup team
- Analyze and develop startup financials
- Understand the different startup investors and how they make investment decisions
- Craft an investor pitch.
Peter Scott, Luxembourg School of Business
Presently Peter is Director of Business Development for Blue Newt Software. Blue Newt focuses on the connected world. Peter is also leading the divestiture of two Blue Newt subsidiaries. Concurrently Peter is a Training Consultant focusing on international development in emerging economies.
As a Professor of Entrepreneurship at Syracuse University Peter taught students how to understand customers, business models, and to bring new ideas to market. Additionally Peter was an adjunct Professor at the International School of Administration in Karachi, Pakistan, the University of Science and Technology Chengdu China and Sejong University in Seoul, S. Korea. and the Center for Creative Studies in Detroit Michigan.
Over the years Peter has worked with 25+ technology starts, helping founders develop business models, marketing plans, financing strategies and raising investment.
PwC Luxembourg is the largest professional services firm in Luxembourg with 2,850 people employed from 77 different countries. PwC Luxembourg provides audit, tax and advisory services including management consulting, transaction, financing and regulatory advice. The firm provides advice to a wide variety of clients from local and middle market entrepreneurs to large multinational companies operating from Luxembourg and the Greater Region.
European Investment Bank is the European Union’s bank, the only bank owned by and representing the interests of the European Union Member States. The EIB works closely with other EU institutions to implement EU policy. EIB is the world’s largest multilateral borrower and lender, providing finance and expertise for sustainable investment projects that contribute to EU policy objectives.
Discovering Luxembourg city center with guide
Visit of the north of the country: chateau de Vianden, Clervaux, Mullerthal region
Big Farewell Dinner
The program fee amounts to 2.800 Euro*
The school provides:
- 2 courses: “Corporate Finance” and “Leading an Entrepreneurial Venture”
- Classes at LSB
- Transportation to/from all company visits and cultural activities
- Accommodation for 20 nights in hostel in Luxembourg City, from 14th of July to 3rd of August in dorms including breakfast
- Cultural activities: Luxembourg sightseeing and visit of the north of the country
- Company visits to PWC, EIB
- Big Farewell Dinner
- All learning and classroom materials
The cost does not include:
- Transport to Luxembourg
- International insurance
- Other meals
- Personal expenses
- Potential visa expenses
* The cost of the program is 2.100 Euro without accommodation.