Master of Science in Corporate Finance & Financial Engineering

The business game is played using a business simulator. Groups of students are responsible for running a business in real time. All major business functions are covered. Students will make decisions to maximize the profitability of the business.

• CV writing, recruitment interview techniques for the search for an internship, professional project management, team management and meeting management.
• Negotiation techniques, transactional analysis and NLP, public speaking and stage fright management, management and leadership techniques (Praditus).
• Skills assessment, coaching, digitization of the CV and job search techniques at national and international level, preparation for the defence of the applied research thesis.

Presentation of the jobs in the sector by professionals.

The focus will be on structuring budgets, making use of summary documents, project controls as they relate to budget management and the creation and steering of performance indicators.

The objective of this module is to learn how to draw up a business plan: Designing a costed project for the creation or development of a company.

Several steps are covered: feasibility study, market targeting, opportunities and risks, strengths and weaknesses, communication, financing plan and profitability.

A precise methodology for analyzing customer needs, market structure and competitor dynamics to identify opportunities and threats in the environment is presented.

This seminar focuses on a negotiation in a national and international context.

In particular, it will account for the impact of culture on an international negotiation. The national negotiation will focus on the sales process through role playing.

Perfect English language comprehension and communication skills in a wider context than just business English. Students are required to take the TOEIC test.

This module aims to deepen students’ IT skills to meet companies’ needs in budgetary or business monitoring, project management, personnel management and communications using Excel, Word PowerPoint, teamwork tools and business software.

By the end of the course, students will be adept with office automation tools, know how to quickly identify and correct errors, customize existing tools or create their own. 

The business game is played using a business simulator. Groups of students are responsible for running a business in real time. All major business functions are covered. Students will make decisions to maximize the profitability of the business.

What makes a successful businessperson?

Internal and external communications skill; managing your priorities and deadlines; organization and time management skills; being a great listener, writer and speaker; effective sales techniques; effective group dynamics and project management skills; understanding international business culture.

The knowledge acquired during this module will enable you to master the accounting system as well as the elements that make up the balance sheet and the income statement. The key concepts are the calculating net income, fixed assets, current operations, reductions, personnel expenses, stocks and loans. The course will be based on case studies to facilitate understanding through a mixed theory and practice approach.

The objective of this course is to know how to apply the fundamentals of management control in a professional context of activity management. The teaching will be based on practical cases of company creation in various structures (bank branch, profit center). Focus will be placed on the implementation of performance management tools through management control. Students will be able to create and interpret a dashboard, financial indicators and understand strategic decision-making based on reporting tools.

The objective of this module is to make learners aware of the importance of opinion and the public interest mission of auditors. The focus will be on the differentiation between internal control and internal audit. The learner will be able to complete a risk table from audit tests, understand the concept of materiality, measure the importance of evidence in conclusions, and distinguish between management and auditor responsibility. The module will favour an approach based on case studies, in particular by studying the diagnosis of risks (case of expense accounts).

The course covers a presentation of accounting logic and its regulatory framework. It is structured around the main cycles of operations that affect the life of a company: incorporation, acquisition of assets and the creation of liabilities. At the end of this module, the learner will be able to understand accounting entries related to the main events that affect a company’s life cycle and interpret the accounting statements produced by the company.

The final objective of this module is to introduce learners to the financial analysis of a company. The financial analysis will focus on the analysis of the activity (intermediate mangement balances (IMB), self-finacning capacity (SFC)). Analysis will focus on activity (intermediate management balances (IMB), operating cash flows (CFO)) and on financial structure (equity transactions, operations, cash flows, supplements).

The objective of this course is to understand different types of management in order to run one’s team more efficiently. Management should be able to consider business objectives while guaranteeing team motivation and cohesion. The course also addresses how to identify conflict risks within the team by accounting for collaborators’ personalities and expectations. This course integrates various positive management scenarios and emphasizes the notion of leadership over that of management.

Definition of business law. The concept of contract. The different types of obligation: obligation of means and obligation of result. The concept of legal personality, the functioning of  private and public limited companies and general partnerships (SARL, SA, SNC). Criteria for choosing a business structure. The role and powers of the control and management bodies. The principles and applications of corporate taxation. Tax optimization of a group. International taxation. VAT: principles and mechanisms. Special VAT regimes. The territoriality of VAT: the rules of territorial taxation, the deliveries of movable goods, the supply of services. The VAT due: the basis of VAT and how to calculate it.

The objective of the course is to allow the student to acquire the first instincts of a financial analysis by having a comprehensive view of the company through the study and the analysis of the main existing financial documents (balance sheet and income statement). This work will be based on the analysis of the internal legal structure and its impact on the evolution of the company. Emphasis will also be placed on the ability to determine the profitability of an investment and on techniques for valuing a company.

The objective of this module is to better understand the organization and functioning of the different segments of the capital markets as well as the characteristics and functioning of the main financial assets issued and traded on the markets. It is also about knowing how to manage a portfolio of fictitious financial assets. Here are the points that will be studied in class: the organization of the markets (typology, actors, regulatory authorities), the debt markets (money market, bond market), the equity markets (characteristics and typology of equities, operation, management of an equity portfolio), and the derivative markets (futures, options, swaps).

The objective of this course is to master tax regulation by learning the main taxes and duties pertaining to companies. Concepts such as income tax, registration fees, real estate wealth tax, corporate tax and VAT will be covered during this module. At the end of the course, the learner should be able to calculate the various taxes and duties affecting companies.

CV writing, recruitment interview techniques for the search for an internship, professional project management, team management and meeting management.

Negotiation techniques, transactional analysis and NLP, speaking and stage fright management, management and leadership techniques (PRADITUS)

Skills assessment, coaching, digitization of the CV and job search techniques at national and international level, preparation for the defence of the applied research thesis.

LinkedIn workshops.

The objective of this course is to master the main mechanisms of Mergers & Acquisitions (M&A) operations by explaining the main steps of these operations. Students will be taught terminology (SPA, GAP, NDA, LOI, closing, signing, etc.) and the documents and main parties to this type of operation. All the steps of an M&A transaction will be detailed, whether it is the pre-contractual phase or the negotiation phase (conditions precedent, asset and liability guarantees, deed of reiteration, etc.). A focus will also be placed on the other forms of M&A transactions (merger, partial contribution of assets, spin-off).

This course will present the main methods of business valuation: asset-based method, mixed method (CPNE and discounted goodwill), analogical method, discounted free cash flow method. At the end of the course, the learner must be able, according to the circumstances of the company studied, to critique the various possible methods of evaluation in order to implement the most relevant one. The particular case of the evaluation of a startup will be discussed.

The aim of this course is to introduce students to a case of financial engineering through an LBO set-up involving cross-disciplinary skills (financial, legal and tax). The LBO, Leveraged buyout, is an acquisition financed by debt. At the end of this module, students should be able to master drawing up a 5-year financial business plan in order to carry out an LBO via a holding company by proposing financing and finalizing it by calculating the financial covenants. The challenge is to understand the role of financial engineering in the strategic operations of companies.

In addition to covering the context of start-ups in France, the module will focus on the issues of valuation specific to innovative companies. Participants will learn about the specificities of venture capital (parties, approach, context) compared to private equity (LBO, transmission) within the start-up financing ecosystem as well as the specificities of the valuation of “early stage” companies focus will be placed on the integration of an equity investor through the business plan.

This module provides the necessary elements for learners to understand the transfer market and the different types of possible transmissions. This module also addresses the consequences and tax issues of these operations for both the seller and the buyer while taking into account the legal, tax, financial and social constraints of a business transfer. The students will therefore be able to identify the main issues in the context of a transfer (business, transfer of shares, business in difficulty) and also know the main components of family transfers and the main phases of the transfer.

This course gives students an understanding of the stakes of taxation and the legal operations companies undertake to adapt as well as how they approach capital gains or the accounting result vs tax result, In order to achieve these objectives, learners will develop new knowledge and skills that will enable them to master the concepts of tax engineering and understand the taxation of financial engineering schemes. Focus will be placed on how the legal form of the company impacts the taxation of its results.

Accounting practices are subject to regular observation, justified by the importance of the financial information published by companies. The objective of the course is to identify the main families of accounting rules and options accepted by the French accounting standard-setter, offering greater latitude to optimize the preparation of annual accounts. At the end of this course, the student should be able to use the main accounting rules and methods to optimize accounting information.

In this course, participants will study how to understand a company’s financial structure and analyze its working capital requirements. The latter is an indicator that makes it possible to evaluate the financing needs of a company by taking into consideration the gap between current assets and liabilities. On this basis, students will be able to make the link between a company’s working capital and the various short-term financing solutions, but also to make the link between a financing plan and the various medium- and long-term bank loans (form, duration, guarantee, etc.).

Banking institutions are subject to significant regulatory constraints. The students will learn about KYC, which is a set of regulations requiring banking institutions to collect information on their customers in order to identify possible fraudulent transactions (LCB-FT, Basel III, MIF, etc.). The module will introduce the new Regtech players whose objective is to provide banks with the tools to efficiently manage the current regulations. Finally, part of the course will be devoted to the collection of information related to customer ratings imposed on banking institutions, its objectives and risks.

The legal aspect of the jobs of business managers and bank account managers will be at the heart of this teaching. The course will cover the regulations in force such as the Basel II ratings and the Banque de France rating. The latter makes it possible to assess a company’s ability to honor its financial commitments over a period of 1 to 3 years. The learner will be taught to distinguish between the various securities, which are guarantees that allow a creditor to obtain payment of his claim in the event of the debtor’s default. The different amicable or judicial procedures and their consequences for the lender and the borrower will also be detailed in this module.

The objective of this course is to identify the various financing, cash flow investment and interest rate and exchange rate hedging instruments that can meet the cash flow needs of a given company. Learners will study techniques for building a cash flow forecast and investing cash surpluses.

The different techniques of financing/investing cash and the instruments of financial risk management (exchange, interest rates) will be presented.

In order to approach the financial aspect of real estate operations, the module will start with the presentation of the French real estate market as well as the roles and utility of the main actors (real estate developers, real estate agencies, notaries, experts, etc.). The objective of this course is to understand the main differences between the US/UK standards (US GAAP and IFRS) and the French standards and to identify the scope of their application (legal and conventional) in the daily activity of French companies. Thanks to the knowledge provided by this course, the student will be able to calculate the profitability of a real estate investment and to propose a financing package.

Mastering the financial diagnosis of companies as well as the measurement of value creation are essential elements of this training. At the end of this course, students should be able to write an analysis report on a company. Different topics will be covered during the sessions such as financial analysis (of the activity, assets, restatement, ratios), but also analysis of margins, investments and financing. Participants will learn how to measure profitability (capital employed, leverage) as well as how to measure value creation.

The analysis of the consolidated financial statements allows for the diagnosis of the financial situation of a group based on the determination of its strengths and weaknesses: study of profitability, risks and quality of management. The module will address, in this perspective, the methodology of financial diagnosis of groups: analysis of risks and management quality. The learner will be able to determine the consolidation method and scope and the level of control. The mastery of IFRS standards within the financial statements will be particularly developed (balance sheet, income statement, cash flow statement, statement of changes in equity).

The financial audit aims, through the examination of the financial statements of a company, to verify the regularity and conformity of the accounts. It provides management with an overview of the financial situation and allows recommendations for strategic action to be made. The module will address auditing as an instrument of financial legitimacy and will detail the methodology and auditing techniques to be implemented. At the end of this module, the learner will be able to select and implement a financial audit technique in a timely and appropriate manner.

This module is designed to familiarize participants with International Accounting Standards by giving them a first approach to US GAAP and IFRS (International Financial Reporting Standards). The objective of this course is the appropriation of the main differences between the Anglo-Saxon standards (US GAAPs and IFRSs) and the French standards as well as the identification of the scope of application (legal and conventional criteria) and the practical applications of these standards in the daily activity of French companies.

Resolve a company case or a professional application culminating in a presentation in front of the company and the teaching team.