20491 - SOCIAL ENTREPRENEURSHIP AND IMPACT INVESTING
CLMG - M - IM - MM - AFC - CLEFIN-FINANCE - CLELI - ACME - DES-ESS - EMIT - GIO
Course taught in English
Go to class group/s: 31
At the end of course, students are able to
- Set the boundaries of social entrepreneurship and understand the steps through which a typical entrepreneurial process for social change unfolds.
- Learn a vocabulary for thinking and communicating about social values.
- Build up theories of change and acknowledge the main managerial approaches to turn social entrepreneurial opportunities into business models.
- Understand and measure social impact through the development of impact value chains.
- Analyze funding needs and sources for social entrepreneurial ventures.
- Evaluate scaling strategies for social value maximization.
- Social entrepreneurship domain: setting boundaries.
- New legal forms for social enterprises: towards the hybrid ideal.
- A process-based view of social entrepreneurship: from social innovation to theories of change.
- Social business models and social business plans.
- Social return on investment analysis to measure value creation.
- Scaling strategies to maximize social change.
- Navigating the challenges of capital rising: impact investing, social venture capital and venture philanthropy.
The course is based on active teaching methodologies aimed at maximize students' participation.
The final grade consists of the following components
- End-of-term written exam (40% of the final grade): it tests the knowledge obtained by attending the classes and studying the required readings. It consists of short specific questions (both open-ended and multiple choices).
- Group assignment (50% of the final grade): it consists of the development of a business plan for a social start-up dealing with a specific social problem. Details are provided in class.
- In-class assignments (10% of the final grade): they are developed in groups and based on cases and short exercises.
For non-attending students
Written exam to test knowledge obtained studying mandatory readings and additional readings as listed in the syllabus. As for attending students, the exam consists of short specific questions (both open-ended and multiple choices).