Our summer program will host students from all over the world who are interested in spending two 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 part from 9 am to 5 pm (One-hour lunch break), from Monday to Friday.

CERTIFICATION: A certificate of attendance will be delivered.

The workload is equivalent to 4 ECTS per course.

REQUIREMENTS: 

  • Being at least an undergraduate student
  • Fluent in English
  • Visa authorization if any
  • Students can apply online until June 15th, 2018.

This program will take place at Technoport® Belval.

Technoport® is a state of the art incubator in Luxembourg.

Its goal is to offer the best environment to the creation and development of technology-oriented and innovative companies or projects in Luxembourg.

It gives entrepreneurs access to coaching, internal and external experts and partners, as well as the adequate infrastructure and work environment.

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’).

Instructor

Dr. Jos van Bommel, Luxembourg School of Finance

Biography

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.

Leading an Entrepreneurial Venture course
Students will gain an understanding of the processes at each step of bringing an idea to market including, but not limited to:
opportunity identification
  • customer development
  • crafting a business model
  • choosing the founding team
  • partnerships
  • pitching
  • and investors.
At the conclusion of the course students should be able to:
  • 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.

Instructor

Peter Scott, Luxembourg School of Business

Biography

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.

Company visits

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.

Cargolux is an undisputed leader in air cargo, Cargolux covers everything from every-day cargo to shipments that require attention to detail, special treatment and expert handling. Cargolux’s high-quality scheduled and charter air freight services across the globe use an all-747 freighter fleet and a solid network of trucking contractors to move valuable and time-sensitive commodities on its network, covering more than 90 destinations. The company has more than 85 offices in over 50 countries.


Cultural activities

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 2800 Euros*

 

The school provides: 

  • 2 courses: “Corporate Finance” and “Leading an Entrepreneurial Venture”
  • Classes at Technoport
  • Transportation to/from all company visits and cultural activities
  • Accommodation for 13 nights, from 15th to 28th of July in double bedroom with breakfast
  • Cultural activities: Luxembourg sightseeing and visit of the north of the country
  • Company visits to PWC, EIB and Cargolux
  • 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 2000 Euros without accommodation.