Executive Master Class

Executive Master Class - Entrepreneurial Finance: From Startup to Scaleup

Courses and Training
4 days
Obtained title
Certificate of completing the course

About program

Program Highlights

Real-life cases and simulations 

Benefit from practical approach.

Blended learning approach

Benefit from variety of teaching methods.


Small class size 

Benefit from individual approach and networking quality.

Why to choose us?

Join us to experience the real-life diversity of financial dimensions 

  • You are an entrepreneur / owner of a start-up who:  - wants to attract an angel investor or a venture capitalist,  - is going to develop the business together with a private equity fund. 
  • You are an investor in a privately-held company, limited partner or other provider to PE/VC funds. 

  • You are a manager who wants to acquire a company through a management buyout or a leverage buyout. 

  • You are a professional seeking for a job in a venture capital industry. 



Benefits for you & CO.

Gain unique insights from entrepreneurs, investors and academics     Benefits for you: 

  • Understand business valuation, learn how to structure successful deals and profit from latest financial engineering techniques. 

  • Find out the skills required to succeed as an entrepreneur. 

  • Grasp a cost-benefit calculation and become an equal negotiation partner. 

  • Discover best practices for assessment of opportunities in MBO and LBO deals. 

  • Obtain the Certificate of Professional Excellence in the specialised field from the top business school. 

Benefits for your organization: 

  • This program helps you to develop sustainable value creation ideas based on financial and business facts. 

  • Business leaders learn how to improve their investment decisions and inspire value-added attitudes among team members.  

  • Managers learn how to avoid costly mistakes and manage key value drivers and risks. 

  • Our teaching approach constantly promotes diversity, sustainability and high ethical standards as one of the key valuation parameters. 


Key topics: 

  • Tuesday: Economics of VC/PE + Welcome dinner and networking in the evening 

  • Wednesday: Valuation and Deal Structuring 

  • Thursday: MBO/LBO – theory and practice 

  • Friday: Workshop Day with a business angel and a PE professional  

Content: Gain the skills and confidence to discuss VC/PE transactions 

What you will learn:

  • Evaluation of new venture opportunities applying a set of criteria discussed during this masterclass. 
  • Explore and simulate a range of most common real-life scenarios (start-ups, MBO, exit strategy, harvesting). 

  • Discover the latest trends in the most dynamic PE/VC markets. 

  • Implement valuation techniques of a venture-backed company on life-case situations most common in your business world. 

  • Master the workings of international capital markets, cash-flow analysis, capital structure optimisation, and risk assessment approaches. 

  • Understand a term sheet and learn how to negotiate with an PE/VC investor. 

How you learn: 

  • Hands-on workshop guarantees an interactive experience based on life-case studies. 

  • Various VC/PE scenarios are demonstrated on the recent deals, tackling all common situations.   

  • Participants are asked to do a prep to this masterclass and to read recommended case-studies what makes our discussions very practical




December 2020 

Our experts & faculty

Our team of seasoned experts

Prof. Paweł Mielcarz

Head of the Department of Finance, the Substantive Coordinator of MBA studies for Financiers and postgraduate financial studies. He was also the deputy director of the College of Management and Finance, where he was responsible for the development of financial studies conducted in English.

As a consultant, he took part in several hundred consulting projects and training sessions in the field of broadly understood corporate finances. As a court expert, he also prepared expert opinions in court, prosecutor's and arbitration proceedings and those conducted by the Polish Financial Supervision Authority. In his professional career, Professor Mielcarz was a member of several supervisory boards of companies.

 He is the author or co-author of several dozen scientific articles and two books. Professor Mielcarz has taught at several European business universities and permanently cooperates with ESSCA - School of Management. He completed, among others, Global Colloquium on Participant - Centered Learning and Case Study Workshop programs organized by Harvard Business School.

Lewczuk Daniel executive
Daniel Lewczuk

Daniel has over 14 years of successful angel investing in early stage companies and start-ups, 15 years of serial entrepreneurship, and 20 years of experience in Executive Search within the CEE region (over 600 C-level searches completed). EMEA Board Member at IMD International Search Group.

dr Marek Panfil

Marek Panfil, Ph.D. has over 10 years of experience in business valuation, including two years at Ernst & Young (EY) Vancouver (Transaction Advisory Service, Valuation and Business Modeling). 
 Diligent and experienced Business Valuator, published author/co-author of 40 articles and ten books about business and intangible assets valuation. Innovative and collaborative Strategic Advisor identifying value drivers for publicly listed and privately held companies. Creative and engaging Senior Lecturer with over ten years of experience in teaching university-level courses in Poland and Canada.

Widomski Tomasz executive
Tomasz Widomski

Tomek and his business partner, Robert Bender, successfully acuired a company through a Management Buyout.  They took over the company from Dutch Int. holding Elproma B.V . The Netherlands, raised the needed funding, restructured the company and finally retired the entire debt after three years since the MBO. Tomek is an inventor, businessman with 30 years experience.

How to apply

  • Use our  online application form.
  • Application deadline: November, 2020 
  • Last day of Early-Bird registration: November, 2020  
  • Need more info? Please read our FAQ - here


Apply online

Application process is plain and easy. 
No application fees. 

Online interview

Registered participants will be contacted for a short interview by our program leader.

Admission decision

An acceptance letter will be sent electronically and will contain an invoice for tuition fee. 

Welcome package

Enjoy the start of an exciting learning journey after receiving full access to our program. 

We admit candidates to specific sessions on a rolling, space available basis, and encourage you to apply as early as possible. 

Although most programs have no formal educational requirements, admission is a selective process based on your professional achievement and organizational responsibilities. 


All-inclusive Fees 

  • One-time fee: 1890 EUR. 

  • This Executive Master Class tuition fee includes: course materials, welcome dinner, lunch and catering during breaks, parking, wifi on campus, free access to our databases, LinkedIn Learning platform and the gym. 

  • Early bird discount until November 2020: 10% 

  • Discount for Kozminski University Alumni: 10% 

  • Team discount: 10% 

* The three offered special discounts will be cumulated. 

Anyone interested in receiving an INVOICE, please contact Ms. Agnieszka Fabiańska e-mail: agaf@kozminski.edu.pl