CASE STUDY: DREXEL UNIVERSITY University Case Study.pdfCASE STUDY: DREXEL UNIVERSITY About Preqin...

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CASE STUDY: DREXEL UNIVERSITY

Transcript of CASE STUDY: DREXEL UNIVERSITY University Case Study.pdfCASE STUDY: DREXEL UNIVERSITY About Preqin...

Page 1: CASE STUDY: DREXEL UNIVERSITY University Case Study.pdfCASE STUDY: DREXEL UNIVERSITY About Preqin Preqin is the Home of AlternativesTM, the foremost provider of data, analytics and

© Preqin Ltd. www.preqin.com

CASE STUDY: DREXEL UNIVERSITY

CASE STUDY:DREXEL UNIVERSITY

Page 2: CASE STUDY: DREXEL UNIVERSITY University Case Study.pdfCASE STUDY: DREXEL UNIVERSITY About Preqin Preqin is the Home of AlternativesTM, the foremost provider of data, analytics and

© Preqin Ltd. www.preqin.com

CASE STUDY: DREXEL UNIVERSITY

Preqin’s database is comprehensive and provides detailed information covering funds and managers across alternatives asset classes. This is information that we lacked in the other databases available in the library.

Francis Professor of FinanceLeBow College of Business

Drexel University

Prof. George Tsetsekos

Firm Type: Academic InstitutionAsset Class: Private Equity, Venture CapitalUse Case: Academic Research, Teaching, and LearningUsers: Professors and StudentsLocation: Philadelphia, PAProduct: Preqin Pro, Preqin InsightsWebsite: www.drexel.edu

About Drexel University:Founded in 1891, Drexel University is widely regarded as one of the top private academic institutions in the United States. It delivers world-class undergraduate, masters, and doctoral programs across a wide range of subjects, including courses in private equity and other alternative investments. The university is well known for its co-op program and operates at the forefront of academic research in the finance sector.

Drexel University prides itself on providing hands on, practical learning experiences that prepare students for the working world. This is reflected in its teaching philosophy, the methods it uses, its experiential, co-operative educational approach, and the research partners it works with.

Drexel University revolutionized their experiential learning program to the benefit of students, lecturers, and the wider industryAs a leading academic player in the alternatives industry, Drexel University offers comprehensive educational programs designed to prepare the next generation of alternatives professionals.

With a strong emphasis on experiential education, the university focuses on helping students develop their knowledge and skills through practical experiences outside of the traditional academic setting. By using real-world applications and examples, it encourages students to ‘learn by doing’ and maximizes the practical value of the learning experiences it delivers.

The challenge: Taking the theory into the real world Drexel University was looking for a way to transition from a theory-based approach to more practical, research-led class assignments in finance courses offered to undergraduate and graduate students.

Page 3: CASE STUDY: DREXEL UNIVERSITY University Case Study.pdfCASE STUDY: DREXEL UNIVERSITY About Preqin Preqin is the Home of AlternativesTM, the foremost provider of data, analytics and

© Preqin Ltd. www.preqin.com

CASE STUDY: DREXEL UNIVERSITY

This ambition was pioneered by Professor of Finance George Tsetsekos, based upon his experiences engaging with students:

To bring theory and practice across alternative investments, Drexel University required access to real-world data. This access also needed to support faculty research on private markets, further enhancing learning experiences the school could deliver. The solution: Institution-wide access to Preqin data Drexel University scoped out what their aims were for working with an alternative data partner:• Encourage student engagement and

learning across alternatives• Expand academic literature and research

within private equity and venture capital• Enhance career development

opportunities within alternative investments for students

• Promote collaboration between LeBow College of Business and industry professionals

After searching the market with these objectives in mind, Drexel University engaged Preqin.

Offering comprehensive data covering over 40,000 firms and 100,000 funds, the university felt Preqin data was best positioned to help its students and faculty with research and analysis across alternative assets.

Due to the reliability and accuracy of the data, and the ease-of-use of Preqin Pro, Drexel University was able to seamlessly integrate the platform and data into its experiential learning efforts. Exposure to

real-time data and information enabled students to learn about the structure of funds, details of funding, and more, and apply this knowledge to class discussions on private equity and venture capital. Results: Enhanced engagement, problem solving, and preparation The incorporation of Preqin data into Drexel’s LeBow College of Business has proved a critical success and helped faculty radically improve the value of their private equity classes while facilitating research across other alternative assets.

With Preqin data available to every student at the touch of a button, it is now possible to set new and more practical assignments, creating valuable opportunities for learning.

When you’re in class, as a faculty member, and you talk about private equity, the last thing that students want to hear is theories. Instead, they expect actual information and data

Francis Professor of FinanceLeBow College of Business

Drexel University

Prof. George Tsetsekos

Page 4: CASE STUDY: DREXEL UNIVERSITY University Case Study.pdfCASE STUDY: DREXEL UNIVERSITY About Preqin Preqin is the Home of AlternativesTM, the foremost provider of data, analytics and

© Preqin Ltd. www.preqin.com

CASE STUDY: DREXEL UNIVERSITY

Professor Tsetsekos uses Preqin data to set student activities. They act as an investor conducting due diligence on a fund manager, or an analyst at an investment bank tasked with helping to finance, with private equity or venture funds, a company acquisition. In the past, such practical challenges were impossible, however the Preqin platform has opened the door for students to apply theoretical learning to practical scenarios.Additionally, Preqin data has helped the LeBow College of Business build engagement among the wider private equity community, with students solving real-world problems for local firms.

Why Drexel University chose Preqin:• To enhance the practical side of education, providing real-world data,

examples, and analytics to dominate theoretical learning• To aid faculty research across private equity, specifically in corporate

governance and mergers and acquisitions• To drive collaboration with private equity firms outside the university with

practical problem-solving• To set students on the path of a career in alternatives, by offering them

database tools and analyses useful for preparing for interviews and searches for possible employment opportunities

This database helps students research alternatives companies, so they can knock on the door, submit CVs, and pursue the potential for interviews.

Francis Professor of FinanceLeBow College of Business

Drexel University

Prof. George Tsetsekos

Page 5: CASE STUDY: DREXEL UNIVERSITY University Case Study.pdfCASE STUDY: DREXEL UNIVERSITY About Preqin Preqin is the Home of AlternativesTM, the foremost provider of data, analytics and

© Preqin Ltd. www.preqin.com

CASE STUDY: DREXEL UNIVERSITY

About PreqinPreqin is the Home of AlternativesTM, the foremost provider of data, analytics and insights to the alternative assets community. From pioneering rigorous methods of data collection to developing a revolutionary platform, we have committed ourselves to furthering the understanding of alternatives for over 17 years. Through close partnership with our clients, our 300 researchers based in key financial centres worldwide combine with cutting-edge technology to make sure our data and research is unique, timely, accurate and insightful.

Today, over 99,000 fund managers, investors, placement agents, service providers, advisors and other industry professionals from more than 29,000 firms worldwide are empowered with information that underpins their daily workflow including fundraising, asset allocation, investor relations, origination and business development.

• Private Equity & Venture Capital

• Private Debt

• Hedge Funds

• Real Estate

• Infrastructure

• Natural Resources

The Homeof Alternatives™

[email protected]

40,500+Firms

17,800+Investors Monitored

109,000+Funds

35,300+Funds with Performance

487,000+Deals and Exits

230,000+Curated Contacts