EDUCATION: EstVCA and two universities team up the „Private Equity & Venture Capital" course
In the 2024 spring semester, a specially tailored Private Equity and Venture Capital syllabus will be taught for the third time at two universities in Estonia - TalTech and Estonian Business School. The 8-week course, created in cooperation between the universities and the Estonian Private Equity and Venture Capital Association (EstVCA), provides a detailed overview of the role of PE/VC funds in the development and growth of companies at different development stages. The syllabus is designed based on Estonian and international practices, and the lecturers are experienced fund managers and experts in the field.
TIME: The course starts at TalTech University on 7 February 2024 (in Estonian) and at Estonian Business School (EBS) on 7 March 2024 (in English).
HOW TO JOIN? The syllabus is mainly targeted at university students, but to a certain extent, people not enrolled at either school can join.
- Here is a LINK to register for the TalTech course (in Estonian; the course price is 270 euros)
- Here is a LINK to register for EBS (in English; the course price is 390 euros).
NB! The EBS link opens only on 1 February if there are spaces left, as this is one of the most popular courses.
The PE/VC syllabus consists of a total of eight thematic blocks:
The lecturers of the new curriculum are experienced fund managers and experts in the field, including Kristjan Kalda (BaltCap), Heidi Kakko (UniTartu Ventures), Martin Kõdar (BaltCap), Kristjan Laanemaa (Karma Ventures), Hendrik Reimand (2C Ventures), Lauri Isotamm (Siena Secondary Fund), Maarja Pärs (Livonia Partners), Allar Karu (PwC Advisory), Indrek Kaldoja (eAgronom), Linda-Riin Võeras (Karma Ventures), Mihkel Kolk (Deca Legal), Kalle Ahi (TalTech), and Aet Toots (EBS).
The PE/VC syllabus consists of a total of eight thematic blocks:
- Definition of private equity (PE) and venture capital (VC). PE/VC as economic development and source of growth; PE/VC as source of funding; PE/VC as investment
- PE/VC players and industry landscape. Short historical perspective on PE/VC. Sources of capital for PE/VC funds.
- Mapping and general overview of PE/VC strategies, link to the company life cycle, impact, and ESG.
- PE/VC fund: limited partnership fund concept and structure; PE/VC fund: operating principles and mechanics + building a cleantech fund.
- Valuation and techniques in PE. PE as an asset class, return and risk profile, historical returns
- Deal case study (buy-and-build strategy)
- Valuation and techniques in VC. VC as an asset class, return and risk profile, and historical returns. Secondaries.
- VC deal case study (seed strategy). Career prospects in the PE/VC industry. Further PE/VC information and reading resources.
The lecturers of the new curriculum are experienced fund managers and experts in the field, including Kristjan Kalda (BaltCap), Heidi Kakko (UniTartu Ventures), Martin Kõdar (BaltCap), Kristjan Laanemaa (Karma Ventures), Hendrik Reimand (2C Ventures), Lauri Isotamm (Siena Secondary Fund), Maarja Pärs (Livonia Partners), Allar Karu (PwC Advisory), Indrek Kaldoja (eAgronom), Linda-Riin Võeras (Karma Ventures), Mihkel Kolk (Deca Legal), Kalle Ahi (TalTech), and Aet Toots (EBS).