European School of Management and Technology (ESMT)
Master: Introduction to Finance (2015)
MBA: Introduction to Finance (2012, 2013, 2014, 2015)
MBA: Raising Capital (2012, 2013, 2014, 2015)
Executive Education
2011
Master/MBA: FIN520 Bankbetriebslehre
HWS 2011, Tuesdays: 10.15 - 11.45 (B2), Wednesdays: 08.30 - 10.00 (B1), Room SN169
All material will be posted here.
Master/MBA: FIN622 Raising Capital from Financial Institutions
FSS 2011, Tuesdays: 10.15am – 11.45am, Room: O169
Students need to register for this class on Ilias. All material will be posted here.
This course explores the role of financial institutions in helping non-financial businesses raise capital. The first part of the course provides an overview of the financial system architecture and emphasizes causes and consequences of the financial crisis. We also analyze the role of financial contracts in raising capital such as lending to large customers (syndicated lending). We will discuss, among other things, the credit risk inherent in loan contracts, how to measure and price credit risk and the economics of structured finance. We also discuss lending to small businesses and compare bank loans to venture capital financing. The third part of the course explores the leveraged loan market. We will discuss the distinct features of the leveraged to the investment grade loan market (e.g. the role of private equity and other institutional investors) and the role of the structured credit market in fueling the LBO loan supply of the pre-crisis period. The fourth part of the course explores the restructuring of debt (in the post-crisis period). The last section gives an overview of the international loan market. The course language is English and will be structured as a combination of lecture, discussion and case studies. We will have 2 guest speakers.
Master Thesis Topics
(All thesis topics are empirical and require data collection and analysis!)
Bachelor Thesis Topics
TBD
2010
PhD: FIN912 Seminar in Financial Institutions (Course Homepage)
Master/MBA: Seminar Bank ("Syndizierte Kredite") (Course Homepage)
Keywords: Syndication; Relationships; Loan Pricing; Covenants; Institutional Lending; Secondary Markets
2009
Bankbetriebslehre FIN 520 ("Banking") (Course Homepage)
Keywords: Bank Management; Regulation; Risk Management
2005-2007 Goethe University Frankfurt
Inside the Private Equity Industry – A Case Study Seminar [TA]
Financing of Buyout and Acquisition Transactions – A Case Study Seminar [TA]
M&A Hands-On [TA]
Seminar in Credit Risk (PhD Course) [TA]
Seminar in Venture Capital and Private Equity [TA]
Finanzwirtschaft 2 ("Capital Markets and Financing Decisions") [TA]
Master: Introduction to Finance (2015)
MBA: Introduction to Finance (2012, 2013, 2014, 2015)
MBA: Raising Capital (2012, 2013, 2014, 2015)
Executive Education
- Basel III and Bank Regulation
- Current Trends in Bank Competition (in German)
2011
Master/MBA: FIN520 Bankbetriebslehre
HWS 2011, Tuesdays: 10.15 - 11.45 (B2), Wednesdays: 08.30 - 10.00 (B1), Room SN169
All material will be posted here.
Master/MBA: FIN622 Raising Capital from Financial Institutions
FSS 2011, Tuesdays: 10.15am – 11.45am, Room: O169
Students need to register for this class on Ilias. All material will be posted here.
This course explores the role of financial institutions in helping non-financial businesses raise capital. The first part of the course provides an overview of the financial system architecture and emphasizes causes and consequences of the financial crisis. We also analyze the role of financial contracts in raising capital such as lending to large customers (syndicated lending). We will discuss, among other things, the credit risk inherent in loan contracts, how to measure and price credit risk and the economics of structured finance. We also discuss lending to small businesses and compare bank loans to venture capital financing. The third part of the course explores the leveraged loan market. We will discuss the distinct features of the leveraged to the investment grade loan market (e.g. the role of private equity and other institutional investors) and the role of the structured credit market in fueling the LBO loan supply of the pre-crisis period. The fourth part of the course explores the restructuring of debt (in the post-crisis period). The last section gives an overview of the international loan market. The course language is English and will be structured as a combination of lecture, discussion and case studies. We will have 2 guest speakers.
Master Thesis Topics
(All thesis topics are empirical and require data collection and analysis!)
- The Financial Crisis in Europe: 2007 Until Today
- Quo Vadis Regulation? Financial Market Regulation after the Financial Crisis
- Announcement Effects in Loan Syndication (advanced degree of difficulty)
Bachelor Thesis Topics
TBD
2010
PhD: FIN912 Seminar in Financial Institutions (Course Homepage)
Master/MBA: Seminar Bank ("Syndizierte Kredite") (Course Homepage)
Keywords: Syndication; Relationships; Loan Pricing; Covenants; Institutional Lending; Secondary Markets
2009
Bankbetriebslehre FIN 520 ("Banking") (Course Homepage)
Keywords: Bank Management; Regulation; Risk Management
2005-2007 Goethe University Frankfurt
Inside the Private Equity Industry – A Case Study Seminar [TA]
Financing of Buyout and Acquisition Transactions – A Case Study Seminar [TA]
M&A Hands-On [TA]
Seminar in Credit Risk (PhD Course) [TA]
Seminar in Venture Capital and Private Equity [TA]
Finanzwirtschaft 2 ("Capital Markets and Financing Decisions") [TA]