私募股权与风险投资（36学时）课程简介

私募股权与风险投资是从资本市场的一个特定私人权益资本市场入手，以什么是私募股权和风险投资为出发点，系统、深入的介绍了相关的理论和实例，是一门理论与实践相结合的课程。

课程主要讲授包括：

1综合介绍私募股权和风险投资的概念、我国风险投资发展的历史、对比美国风险投资的发展现状等；

2探讨风险投资和私募股权的组织架构，具体包括投资家和风险投资者的委托—代理问题，涉及逆向选择、道德风险等；

3探讨私募股权的投资操作过程和投融资的方法，包括公司估值模型、净现金流分析方法等；

4结合当前我国创业板的推出，介绍风险投资在我国的实例和发展规模，以及风投的相关法律、法规；

5通过课堂的案例讨论，结合理论和实践，更全面地认识风险投资方法。

使用教材：冯晓琦，《风险投资》，清华大学出版社，2008年版以及自用讲义.

Private Equity and Venture Capital (36 class hours)

The courses choose private capital markets as the main contents, and introduce what is private equity and venture capital by theories and practical examples. Its main contents are as follows:

1 An overview of private equity and venture capital concepts, the development history of venture capital in China, compared with U.S. venture capital,

2 Introducing the organization of venture capital and private equity, including the principal-agent problem between investors and venture capitalists,and it related to adverse selection, moral hazard and so on,

3 Introducing the venture capital process ,the investment and financing methods, including the valuation models of companies, net cash flow analysis methods,

4 Connection with China Growth Enterprise Market, introducing examples of venture capital and development in China, as well as the relevant laws and regulations of venture capital.

5 A lot of case studies and analysis are included.

《私募股权与风险投资》课程教学进度计划