The Financial Analyst must follow the changes in the markets
programme director
The MSc International Financial Analysis programme
The educational content of the programme is designed to provide participants with the technical and professional skills necessary to practice financial analysis. An analyst is eager to collect and interpret the company’s data. For this reason, financial analysts are in great demand, whether they specialise in a particular sector of activity or a geographical area.
The students follow a technical training aimed at giving them the mastery of the collection and analysis of financial, social and economic data of the markets on which they will be specialized. They are trained to work mainly in banks or investment companies.
A 1 or 2 year degree to become an expert in Financial Analysis
- Hourly volume 1st year of MSc: 441 hours
- Hourly volume 2nd year of MSc: 441 hours
Objectives of the programme
The objective of this program is to enable learners to acquire high-level expertise in the field of corporate finance in general and financial analysis in particular. The program is based on an in-depth study of financial, accounting and legal techniques allowing them to acquire solid knowledge essential for high-level professions. The objectives in terms of skills are to be able to:
- Analyze strategic company data
- Control and manage the company’s activity
- Ensuring the sustainability of the company’s activity
- Issue financial recommendations and master communication
How to apply to the MSc in International Financial Analysis at INSEEC?
The required prerequisites
The conditions for accessing the certification system (excluding VAE) are:
- For entry into the 1st year of the course (MSc 1): to have validated 180 ECTS (level 6, License or equivalent) in the field of marketing, commerce, management or communication. He must have a professional level of English for the English-speaking program.
- For entry into the 2nd year of the course (MSc 2): to have validated 240 ECTS (level 6, Master 1 or equivalent) in the field of marketing. He must have a professional level of English for the English-speaking program.
- Executive training is subject to specific prerequisites with professional experience taken into account.
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Courses
The courses presented below are given as an example, they may vary slightly depending on the teaching campus. The course content is adapted each year to market developments and updated before the start of each new school year.
1st year courses
PROFESSIONAL METHODS AND PRACTICES – 1ST YEAR
BUSINESS ENGLISH
This business English module applied to marketing allows learners to implement and apply the right vocabulary and attitude.
MANAGEMENT IT
This module aims to deepen the skills of students in IT to meet the demands of companies in terms of budgetary or commercial monitoring, project management, personnel management and communication: Excel, Word, Powerpoint, communication tools. teamwork, business software. It aims to perform well on office tools, quickly identify and correct errors, personalize existing tools or create your own tools.
BUDGET MANAGEMENT AND DASHBOARDS
The objective is to acquire key skills in terms of budget management and reporting. The emphasis will be placed in particular on budgetary architecture, with the implementation of summary documents, project management control and its link with budgetary management, the creation and management of dashboards.
PROFESSIONAL TOOLS & METHODS
This module allows learners to improve their CV and their posture, notably through role-playing (business game, professional simulation, speaking, etc.); practical and professional workshops (CV, professional social networks, coaching, etc.) as well as professional conferences and master classes.
TECHAWAY PROGRAMMING : PYTHON
Apply variables in Python programming to store, modify and retrieve data. Evaluate loop implementations for performance and readability, and create complex loop structures to solve advanced programming problems. Apply Pandas for data manipulation and analysis tasks.
SPECIALISED COURSES
FINANCIAL ANALYSIS FUNDAMENTALS
Modern financial diagnostic tools to carry out a global analysis of the company. Tools to help with financial diagnosis: the study of the profitability, solvency and financial structure of the company. Study of profitability.
AUDIT AND ACCOUNTING
The course covers account audit missions as well as audit procedures, tests, methods and tools. Presentation of the legal audit, general aspects and implementation of the audit, assessment of internal control, specific verifications and end-of-mission reports. Analytical procedures, physical controls and management reporting are also covered.
INTERNAL AUDIT
Evaluation of the company’s operations and level of control. Provision of advice and study of tools to contribute to the creation of added value. Evolution of the auditor profession.
IN-DEPTH FINANCIAL ANALYSIS
Mastery of fundamental concepts for establishing financial forecasts. Sources of information, sectoral analysis, analysis of economic and financial performance, analysis of the financial structure and financing method.
IN-DEPTH COMPTABILITY
Mastery of the accounting procedure; consolidation of accounts; allocation of income ; capital reduction; valuation of securities; formation of companies; increase in capital ; convergence of PCG towards IFRS standards.
MAAGEMENT CONTROL
Calculation of the break-even point and calculation of the break-even point. Budget management techniques, activity management and dashboards. Analysis and use of management control, cost calculation methods, analysis center methods, rational allocation of fixed costs, marginal cost, partial costs.
BUSINESS LAW
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 the SARL, the SA and the SNC. The criteria for choosing a form of business. The role and powers of control and management bodies.
INTERNATIONAL FINANCIAL STATEMENTS
Presentation of the IFRS, US GAAP standards. Comparison of financial flows over time. Organization of the accounting framework, the conceptual framework of the standards, presentation of financial statements in IFRS/US GAAP standards. Valuation and accounting of financial instruments.
BUSINESS FINANCE
Investment projects: selection criteria as well as the real options approach. Financing methods: quasi-equity, bond financing, negotiable debt securities, IPO, risk capital. Explanatory theories of the choice of financing. Treasury and centralized flow management.
BUSINESS TAXATION
The principles and fields of application of IS, tax optimization in a group. International taxation. VAT: principles and mechanisms. Special VAT regimes. Territoriality of VAT: the rules of territoriality of VAT, deliveries of movable goods, provision of services. VAT payable: the VAT base and its calculation.
E AMF
This module delivered in a hybrid manner will allow you to understand the role of the Financial Markets Authority in the regulation and supervision of financial markets, through the following subjects: financial instruments, crypto-assets and risks, collective management, functioning of the market organization, post-market and market infrastructures, securities issues and operations and finally the accounting and financial bases.
FINANCIAL MATHEMATICS
Understand and master the principles of discounting and capitalization. Interest calculation. Comparison of financial flows over time. Calculation of the main profitability indicators in an investment project.
2nd year courses
STRATEGIC ANALYSIS
ANALYSIS OF CONSOLIDATED ACCOUNTS
Definition of the notion of “group. Regulatory and legal framework. Scope and methods of consolidation. Consolidation restatements, elimination of reciprocal accounts and internal results. Combined accounts and group summary documents.
IN-DEPTH FINANCIAL ANALYSIS
Diagnosis of individual accounts and consolidated accounts. Study of profitability, solvency, financial structure and profitability (ROCE, ROE). Analysis of listed companies and unlisted companies. Study of business plans. Accounting trade-offs and creative compatibility. Sell side/buy side analysis.
FINTECH AND BLOCKCHAIN
The new paradigms brought by the FinTech offer and banking digitalization. New digital entrants are shaking up the banking ecosystem. The principles of blockchain: storage capacity, virtual continuity and technical architecture. Cryptocurrency and regulation. Buy, store and pay in cryptocurrency. The challenges of cryptocurrency. Competition between platforms. Cybercrime insurance programs, ERM methodology. The dedicated risk management information system.
CONTROL AND MANAGEMENT
ADVANCED BLOOMBERG
Bloomberg training (preparation for the BAT: Bloomberg Assessment Test). Simulate financial (investment, savings, loan, investment) and asset (capitalization, loan, retirement). Make recommendations.
TAKEAWAY DATA VISUALIZATION AND DATA ANALYSIS – POWER BI
Understand the basic concepts of Business Intelligence and Power BI, including its interface, main features and visualization. Create comprehensive PowerBI reports and dashboards, tailored to specific business needs and incorporating best practices in data visualization and business intelligence.
EXCEL, VBA
Organize data from multiple sources, in different formats in order to build clear dashboards. Automate data collection to reduce decision-making time and minimize errors due to re-entry. Present data and improve visual communication of information.
FINANCIAL ENGINEERING AND BALANCE SHEET OPERATIONS
High balance sheet arrangements (equity/debt arbitration, study of different stocks and bonds, implementation of BSAs). Public offers (OPA, OPE). IPOs (Initial Public Offering) and the role of intermediaries. Structured financing.
PROFESSIONAL TOOLS & METHODS
This module allows learners to improve their CV and their posture, notably through role-playing (business game, professional simulation, speaking, etc.); practical and professional workshops (CV, professional social networks, coaching, etc.) as well as professional conferences and master classes.
AMF PREPARATION AND CERTIFICATION
Master the technical knowledge required by the financial profession (financial instruments and risk, management on behalf of third parties, operation and organization of markets, issues and securities transactions). Practice and pass the certification exam.
FINANCIAL ACTIVITES
BUSINESS ENGLISH APPLIED TO FINANCE
Research and master financial English by dealing with real financial topics. Put financial knowledge into practice through oral presentations, negotiations and strategy construction.
SUSTAINABLE FINANCE
Explain and measure the contribution of the financial sector to the fight against global warming. Address the challenges of the energy transition through the prism of sustainable financing, by shedding light on the regulatory framework, the actors and the tools specific to this activity. Learn to study by example and put into concrete situations.
VALUATION, ASSIGNMENT & LBO
Methods based on assets and goodwill. Methods based on DCF. Analog methods. LBO operations (actors, typology, tools, etc.). Mezzanine financing. Debt issues (banking, bond). Setting up a holding company and cash flow implications. Progress of an LBO arrangement (from deal flow to the shareholders’ agreement). Governance of companies under LBO.
MERGERS-ACQUISITIONS
Strategies for external growth, critical size and synergies. The legitimacy and motivations of mergers. Strategic, financial and organizational analysis of mergers. The legal and tax framework for mergers, acquisitions and partial contributions of assets. Defenses against hostile acquisitions. The accounting implications and tax regime of mergers.
PRIVATE EQUITY & VENTURE CAPITAL
Arbitration on financing methods (equity, debt, rental, etc.). Investment decision-making approaches. Financing intangible investments. The approach of investment funds.
FINANCIAL RECOMMENDATIONS AND COMMUNICATION
GOVERNANCE AND EXTRA FINANCIAL ANALYSIS
Understand the company’s strategic approach to prepare for its long-term development. Carry out a global diagnosis by integrating the ESG theme (environment, social, governance) and its analysis frameworks. Integration of ESG data in company evaluation in addition to traditional financial analysis.
FINANCIAL MARKETS AND ASSET MANAGEMENTS
Understand the organization of equity markets, money markets and bond markets, from order placement to post-market operations (delivery, clearing), including negotiation and execution of the order. Acquire valuation and risk management techniques for the main financial securities (shares and bonds). Use interest rate products and hedging tools in cash management.
INTERNATIONAL ACCOUNTING STANDARDS (IFRS/US GAAP)
Understand the organization of equity markets, money markets and bond markets, from order placement to post-market operations (delivery, clearing), including negotiation and execution of the order. Acquire valuation and risk management techniques for the main financial securities (shares and bonds). Use interest rate products and hedging tools in cash management.
REPORTING AND FINANCIAL COMMUNICATION
The construction of internal and external financial reporting. The forms and media of financial communication. The current regulatory environment (United States, Europe, etc.). Constraints from supervisory authorities (SEC, AMF, etc.). The policy of rating agencies. Information and communication indicators. Resolution of agency conflicts.
APPLIED RESEARCH MEMORY
Allow learners to know the expectations of the applied research dissertation. Formulate a problem, construct a literature review, choose the study methodology, make recommendations.
EXAMS AND SUPPORT
EXAMS AND SUPPORT
Written exams and dissertation oral presentation
2 start dates per year and various rhythms of studies
There are two openings per year,in February/March and September/October. To check the opening of each intake, contact the admissions department directly.
The rhythm of the courses may differ depending on the campus and whether the training is carried out under an internship agreement (initial) or a professionalization/apprenticeship contract (continuing).
The work-study contract must be signed for a period of 12 months (MSc 2), 24 months (MSc1 + MSc 2) or 18 months for the staggered start of March (continuation of studies in MSc2).
Career opportunities after an MSc in International Financial Analysis
- Credit Analyst
- Asset Manager
- Financial Analyst
- Fund Manager
- Financial Expert
- Investment Advisor
- Expert in Risk Management
- Head of Financial Communication
- Compliance Manager
- Financial Management
What business skills are developed?
The objectives in terms of skills are to be able to:
- Analyze strategic company data
- Control and manage the company’s activity
- Ensure the sustainability of the company’s activity
- Making financial recommendations and mastering communication
Description of the methods for acquiring certification by capitalisation of skill blocks and/or by correspondence
Certification is obtained by:
- Validation of four skill blocks common to all courses (obtaining a score greater than or equal to 10/20 for each skill block)
- Completion of an end-of-studies dissertation with a grade greater than or equal to 10/20
- Completing a period in a company of at least 132 days in the second year of the course (MSc 2)
Professional certification of « Expert en Analyse Financière » level 7 (EU), NSF codes 313 and 314, delivered by INSEEC MSc (INSEEC EXECUTIVE EDUCATION, CEE-SO, CEE-RA, CEFAS, CEE-M, CEE-OUEST, MBA INSTITUTE), registered under number 35007 in the RNCP (National Directory of Professional Certifications) by decision of the Director General of France Compétences of October 14, 2020.
Certification is delivered by capitalization of all skill blocks. Each skill in a block must be confirmed to obtain the skill block. Partial validation of a block is not possible. It is also accessible through the Validation of Acquired Experience.
Find the skill blocks associated with this RNCP title by clicking here.
What are the teaching methods?
Teaching methods
- Lectures and interactive courses
- Situational exercises through collective or individual case studies carried out by the students
- Conferences, seminars and educational visits
Evaluation methods
- Individual or group case studies
- Individual and group oral presentations
- Individual and group files
- Applied research dissertation for individual defense
Methods and tools
- The evaluation methods are face-to-face, in the form of continuous assessment or final exams in the form of mid-term exams.
What is the 2024/2025 tuition to enter the programme?
Initial training:
- MSc1 : 11 400 €
- MSc2 : 12 950 €
Continuing education (sandwich course) :
- 24 months : 22 850 € HT
- MSc2 : 13 650 € HT
VAE/VAP :
- VAE : 4 200€ HT
- VAP : 850 € HT
International Student Pack : Mandatory fee of 490€ for exclusive support services for international students.
What kind of financial aid is available?
INSEEC offers several financial aid schemes:
- The alternating rhythm, in internship or work-study contract
- The right to training via the CPF
- Partnerships with banking institutions referenced at INSEEC
Key figures for the MSc International Financial Analysis course
78%
Overall satisfaction with training after 6 months – Class of 2022
92%
National success rate – Class of 2023
86%
Employability rate (140 anwsers under 368) – Class 2022
97%
Presentation rate – Class 2023
Disabilities
The OMNES Education Group pays particular attention to the societal environment, including the disability dimension. Indeed, we believe that students with disabilities should not have any problems in pursuing their studies and starting a professional career. We accompany them to facilitate their access to the premises, offer them personalized advice as well as adapted accommodations throughout their school career.
Accessibility of premises: all our campuses are accessible to people with disabilities.
To learn more about INSEEC’s disability policy, click here.
Contacts for disability referents by campus:
Bordeaux : Maxime DOUENS – mdouens@inseec.com
Lyon : Anissa GASMI – agasmi@inseec.com
Rennes : Laura LE CALVEZ – llecalvez@omneseducation.com
Paris : Farid HAMAD – fhamad@inseec.com
Chambéry : Clément BERTACCO – cbertacco@inseec.com
Marseille : Océane VALOTTI – ovalotti@omneseducation.com
News
June 2024
INSEEC hosted the CFNews Grands Prix de la Croissance Externe Sud Ouest for the second year running
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