IT Investment

Department
  • Master's Program Management, Communication & IT
Course unit code
  • MCI-M-1-ITI-ITI-ILV
Level of course unit
  • Master
Semester when the course unit is delivered
  • 1
Number of ECTS credits allocated
  • 5.0
Name of lecturer(s)
  • Dilger Thomas, BA MA
  • Priv.-Doz. Dr. Haid Marco
Learning outcomes of the course unit
  • Students acquire knowledge of the most important concepts, theories, models and instruments in the areas of investment appraisal, investment decisions as well as financing of companies of different sizes with a special focus on local start-ups and small and medium-sized enterprises. Students will be able to assess the impact of investment decisions and link them to risks. Students will be able to name types of financing and locate possible exit strategies. The students are familiar with the various company valuation concepts and can use suitable start-up valuation tools for planning, control and analysis in order to prepare operational as well as tactical decision-making bases.
Mode of delivery
  • face-to-face (Präsenzveranstaltung)
Prerequisites and co-requisites
  • none
Course contents
  • - Investment theory and investment appraisal
    - Investment and financing decisions
    - Cash flow analysis
    - Financial and liquidity planning
    - Evaluation of investment decisions
    - EVA concept
    - Financing of start-ups
    - Venture Capital
    - Steps of fundraising
    - Valuation of start-ups
    - Valuation of small and medium-sized enterprises
    - Exit scenarios
Recommended or required reading
  • - Busse von Colbe, W., & Witte, F. (2018). Investitionstheorie und Investitionsrechnung (Fifth edition). Springer.
    - Hahn, C. (2018). Finanzierung von Start-up-Unternehmen: Praxisbuch für erfolgreiche Gründer. Finanzierung, Besteuerung, Investor Relations / Herausgeber: Christopher Hahn (2. Auflage). Springer Gabler.
    - Hahn, C. (2021). Venture Capital: Finanzierung und Bewertung von Start-up-Unternehmen (3rd ed.).
    - Melicher, R. W., & Norton, E. (2020). Introduction to finance: Markets, investments, and financial management (Seventeenth edition). Wiley.
    - Pummerer, E. (2021). Unternehmensbewertung von KMU: Grundlagen, Umsetzung und Plausibilität (2nd ed.). Linde.
    - Ramsinghani, M. (2020). The business of venture capital: The art of raising a fund, structuring investments, portfolio management, and exits / Mahendra Ramsinghani (Third edition). Wiley finance. John Wiley & Sons.
Planned learning activities and teaching methods
  • The course comprises an interactive mix of lectures, discussions and individual and group work.
Assessment methods and criteria
  • To monitor the students’ learning this course will provide ongoing assignments as a basis for feedback and grading (formative assessment) and/or will evaluate the students learning at the end of the course or an instructional unit via exams, final project reports, essays or seminar papers (summative assessment).
Language of instruction
  • English
    • AACSB/FIBAA