Become an Expert in Financial Analysis
Professional certification issued
and blocks of competencies
Title of “Expert in Financial Analysis” level 7 (EU) registered in the RNCP (Répertoire National des Certifications Professionnelles) under the NSF codes 313 and 314. Registered in the National Directory of Professional Certifications on October 14, 2020. Publication in the J.O. of March 21, 2021
THE VALIDATION OF THE RNCP TITLE IS DONE BY CAPITALIZATION OF ALL THE BLOCKS OF COMPETENCES.
The “Expert in Financial Analysis” occupies a strategic position in the company: he carries out a thorough analysis of the company’s financial situation and establishes recommendations based on this as well as on an analysis of the company’s economic and competitive environment. He also manages the company’s financial activities.
The “Expert in Financial Analysis” thus participates directly in the elaboration of the financial strategy to be put in place to optimize the performance of the company and ensure its development and durability.
It often has a great deal of autonomy and, in particular, is responsible for analysing and controlling financial risks, investments and the choice of financing methods to be implemented. He/she is also responsible for financial reporting and implements financial communication adapted to the recipient (management, operational staff, etc.)
The following is a non-exhaustive list of the various positions to which graduates can aspire:
- Credit Analyst
- Financial Analyst
- Risk analyst / Risk manager
- Business Manager / Account Manager
- Mergers & Acquisitions Advisor
- Investment Advisor
- Financial Consultant / Financial Advisor
- Financial Risk Manager
- Financial Manager / Financial Manager
- Financial Engineer
“In response to business needs
The “Expert in Financial Analysis” course aims to meet the skills needs of companies in a context where financial analysis professionals play a strategic role in securing and perpetuating the company’s activity: mastery of the regulatory environment, management skills, data analysis and reporting, technical and managerial skills.
What skills are developed?
At the end of the training, the learners will have acquired the following blocks of competences:
- Analyze strategic company data
- Control and manage the company’s activity
- To ensure the sustainability of the company’s activity
- Make financial recommendations and master communication.
This certification is accessible by capitalization of these blocks of skills.
Example of a course
Accounting & Financial Analysis
FINANCIAL ANALYSIS OF THE CONSOLIDATED ACCOUNTS
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. In this perspective, the learner will produce, from simple cases, the consolidated balance sheet and income statement of a company. It will be able to determine the method and scope of consolidation 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)
BUSINESS VALUATION AND DISPOSAL
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 criticize 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.
INTERNATIONAL ACCOUNTING STANDARDS
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.
STRATEGIC AND FINANCIAL DIAGNOSIS
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.
SETTING UP A MERGER AND ACQUISITION OPERATION
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. Learners will be led to appropriate the terms used in practice (SPA, GAP, NDA, LOI, closing, signing, etc.) but also to understand the documents established by the main protagonists of this type of operation. All the stages of a merger and acquisition operation will be detailed, whether it be 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 operations (merger, partial contribution of assets, spin-off).
BANK-COMPANY RELATIONS AND FINANCING TECHNIQUES
Participants will learn how to understand a company’s financial structure and analyze its Working Capital Requirement (WCR). 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, learners will be able to make the link between a company’s WCR 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.).
FINANCIAL ENGINEERING AND LEVERAGED TRANSACTIONS / LBO
The students will discover a case of financial engineering through an LBO set-up using cross-disciplinary skills (financial, legal and tax). The LBO, Leveraged Buy-Out, is an acquisition financing by debt. The challenge is to understand the role of financial engineering in the strategic operations of companies.
This course will develop the diversity of the sources of financing within a company (increase or reduction of capital, current accounts of associates, APE, etc.) as well as the legal and fiscal rules specific to each operation. The module will focus on the problems of restructuring (mergers, demergers, partial contributions of assets) as well as on the transfer of companies (transfer of shares and businesses). At the end of this course, the learner will know the different aspects of the law of financing by equity, debt, quasi-equity, receivables financing, etc.
GOVERNANCE, CSR AND FINANCIAL REPORTING
Through the practical study of a few cases, this module addresses the issues of governance and Corporate Social Responsibility (CSR) for companies of all sizes. In this context, mastering the company’s financial communication is of strategic importance. The finance department must develop reporting documents and visual elements to present financial data in a way that is adapted to the target audience (managers, shareholders, employees, customers, etc.). This lesson will show the existing interactions between CSR and financial communication with the implementation of internal financial reporting.
TAXATION OF FINANCIAL ENGINEERING
This course allows the understanding of the tax stakes but also of the legal operations carried out by the companies in order to build adapted schemes by approaching the regime of the capital gains or the passage of the accounting result to the tax result.
Learners will develop new knowledge and skills that will enable them to master the concepts of tax engineering as well as to understand the taxation of financial engineering schemes. A focus will be made on the impact of the legal form of the company on the taxation of its results.
Projects, Internships and Career Paths
Témoignage de Pierre, ancien étudiant du programme Finance d’Entreprise & Ingénierie Financière
Témoignage de Nabil, ancien étudiant du programme Analyse Financière Internationale