Master of Science in Corporate Finance & Financial Engineering

The objective is to acquire key skills in budget management and reporting. Emphasis will be placed on budget architecture, including the implementation of summary documents, project management control and its connection to budget management, as well as the creation and monitoring of dashboards.

This module aims to teach how to develop a Business Plan: designing a quantified project for business creation or development. Several stages are covered: feasibility study, market targeting, opportunities and risks, strengths and weaknesses, communication, financing plan, and profitability.

Perfect understanding and communication skills in English within a broader context than just business English.

This module aims to deepen students’ IT skills to meet business needs in areas such as budget or sales tracking, project management, HR management, and communication: Excel, Word, PowerPoint, collaborative tools, and industry-specific software. The goal is to become proficient in office tools, quickly identify and correct errors, customize existing tools, or create new ones.

The business simulation is carried out using a management simulator. Student groups are responsible for running a company in real time. All major business functions are covered. Students will make decisions with the aim of maximizing the company’s profitability.

This module allows learners to improve their résumé and professional presence through role-playing exercises (professional simulations, public speaking, etc.); hands-on and career-oriented workshops (CV writing, professional social networks, coaching, etc.); as well as industry conferences and masterclasses.

The purpose of general accounting is to explain its “raison d’être,” main uses, documents, and mechanisms, including :

• The purpose, content, and use of the Balance Sheet and the Income Statement of an organization.
• The mechanisms that link these two accounting documents.
• The accounting entries for the company’s main transactions.

This introductory module in general accounting aims primarily to provide every student, regardless of their career goals, with a basic understanding of accounting. The objective is to enable them to comprehend the content of financial statements and use that knowledge to engage in discussions with accountants.

• Modern tools for financial diagnosis to conduct a comprehensive analysis of the company.
• Tools to support financial diagnosis: analysis of profitability, solvency, and the company’s financial structure.
• Study of profitability.

• Break-even point calculation and dead point (break-even time) calculation.
• Budget management techniques, activity management, and dashboards.
• Analysis and use of management control, cost calculation methods, cost center methods, rational allocation of fixed costs, marginal cost, partial costs.

• Assessment of operations and the company’s level of control.
• Providing guidance and studying tools to help create added value.
• Evolution of the auditing profession.

• The seminar covers financial audit assignments as well as audit procedures, tests, methods, and tools.
• Presentation of statutory auditing, general aspects and implementation, assessment of internal control, specific verifications, and end-of-mission reports.
• Analytical procedures, physical controls, and management representations.

• Mastery of accounting procedures.
• Consolidation of financial statements.
• Allocation of profit.
• Capital reduction.
• Valuation of securities.
• Company formation.
• Capital increase.
• Convergence of the French GAAP (PCG) with IFRS standards.

• Mastery of fundamental concepts for developing financial forecasts.
• Sources of information, sector analysis, analysis of economic and financial performance, analysis of financial structure and financing methods.

• Definition of business law.
• The concept of a contract.
• Obligations of means and obligations of result.
• The concept of legal personality, the functioning of SARL, SA, and SNC.
• The criteria for choosing a legal form of business.

• Presentation of the IFRS and US GAAP frameworks.
• Comparison of financial flows over time.
• Structure of the accounting framework, the conceptual framework of the standards, presentation of financial statements under IFRS/US GAAP.
• Valuation and accounting of financial instruments.

• Investment projects : selection criteria and the real options approach.
• Financing methods: quasi-equity, bond financing, negotiable debt instruments, IPOs, venture capital.
• Theoretical frameworks explaining financing choices.
• Cash management and centralized cash flow management.

• The principles and scope of corporate income tax (CIT), tax optimization within a group.
• International taxation. VAT: principles and mechanisms.
• Special VAT regimes. VAT territoriality: rules governing VAT territoriality, the supply of movable goods, and the provision of services.
• Payable VAT: the VAT base and its calculation.

This hybrid module will provide an understanding of the role of the Financial Markets Authority (AMF) in the regulation and supervision of financial markets, through the following topics: financial instruments, crypto-assets and risks, asset management, market organization and functioning, post-market operations and market infrastructures, securities issuance and corporate actions, and finally, accounting and financial fundamentals.

• Understand and master the principles of discounting and compounding.
• Interest calculation.
• Comparison of financial flows over time.
• Calculation of key profitability indicators in an investment project.

• Written exams.
• Defense of professional report.

• Analysis based on individual and consolidated financial statements.
• Study of profitability, solvency, financial structure, and returns (ROCE, ROE).
• Analysis of listed and unlisted companies.

• Definition of the concept of a group.
• Regulatory and legal framework.
• Scope and methods of consolidation.
• Full consolidation and related disclosures.
• Restatement of intra-group transactions and results.
• Presentation of consolidated financial statements.

• From CSR practices to the implementation of the CSRD.
• European (ESRS) and international sustainability standards.
• In-depth study of E/S/G criteria.
• Analysis of sustainability reporting.
• Ability to conduct a non-financial diagnosis.
• Study the connectivity between financial and non-financial reporting.
• Connection with sustainability reporting.
• The challenges of double materiality.

• The conceptual framework.
• Presentation of financial statements.
• Content of key standards.
• Concepts of financial position and financial performance.
• Intangible assets and business combinations.
• The importance of cash flows.
• Impairment tests.
• Financial instruments and the treatment of derivatives under IFRS.

• Asset-based and goodwill-based valuation methods.
• Discounted Cash Flow (DCF) methods.
• Comparable company analysis.
• From value to price: internal and external factors affecting the parties involved in the transaction and transfer.
• Study of tax, financial, and social constraints in a business transfer.
• LBO operations.
• Creation of holding companies and cash flow implications.
• Leveraged financial structuring.
• Governance of companies under LBO.

• Budgeting and centralization of intra-group cash operations.
• Investment and financing of cash flow.
• Use of derivative products for hedging interest rate and exchange rate risks.

• Understand the organization of equity, money, and bond markets, from order placement to post-trade operations (settlement, clearing), including order negotiation and execution.
• Understand institutional frameworks (AMF, ESMA, SEC, etc.).
• Acquire valuation and risk management techniques for major financial instruments.
• The crypto-asset market (Bitcoin, etc.).

• Master the technical knowledge required by the financial profession (financial instruments and risk, third-party asset management, market functioning and organization, securities issuance and corporate actions).
• Practice and take the certification exam.

• Complex financial structures designed to meet the funding needs of large companies and projects through bond issues, securitization, mezzanine financing, and syndicated loans.
• Emphasis is placed on risk management, customized structuring, and optimization of financing costs.
• Challenges related to bank and bond debt.
• Creation of holding companies and their cash flow implications.
• Public offers (takeover bids, exchange offers, etc.) and IPOs.

• Master the key components of M&A transactions by explaining their main stages.
• Familiarize yourself with the technical vocabulary and understand the documents prepared by the main stakeholders involved in such operations.
• All stages of a merger-acquisition deal will be detailed, including the pre-contractual phase and the negotiation phase (suspensive conditions, asset and liability guarantees, final agreements).
• There will also be a focus on other forms of M&A transactions (merger, partial asset contribution, spin-off).

• Understand how investment funds operate.
• The institutional environment of private equity.
• The various financing structures (SCR, FCPR, etc.).
• Startup financing (business angels, etc.) and the role of fintechs.
• ESG challenges in private equity.
• Ethical, green, and social funds.
• ICO techniques.

This module enables learners to improve their résumé and professional posture through role-playing exercises (business games, professional simulations, public speaking, etc.); hands-on, career-oriented workshops (CV writing, professional social networks, coaching, etc.); as well as industry conferences and masterclasses.

• Organize data from multiple sources and in various formats to build clear dashboards.
• Automate data collection to reduce decision-making time and minimize errors caused by re-entry.
• Present data and improve the visual communication of information.

From recruitment to training, including the implementation of an attractive compensation policy—processes, procedures, and indicators to be established to ensure effective management of employees and their roles within the company.

• Understand strategies for supporting financial changes within organizations, such as managing restructurings, integrating new financial tools, and ensuring regulatory compliance.
• Emphasis is placed on communication, training, and managing stakeholder resistance.
• The objective is to ensure a smooth transition toward optimized and sustainable financial practices.

• Deepen advanced data analysis using Python and harness the potential of Generative Artificial Intelligence (GenAI).
• Learn how AI techniques can enhance data interpretation and communication through prompt engineering.
• Apply data processing strategies to real-world cases.
• Develop critical thinking skills essential for progressing in the data field.

• Identify, analyze, and manage the financial risks to which a company or investor is exposed.
• Understand market, credit, liquidity, and operational risks.
• Cover topics such as Value at Risk (VaR), stress tests, asset diversification, and regulatory bodies like Basel III that govern risk management to ensure financial stability.
• Manage effectively to minimize potential losses and optimize profitability.

• Discover the institutional framework of banking activities in deposit and lending operations.
• Understand the specific features of the banking approach to corporate clients.
• Support the company’s financial operations (accounts receivable management, cash management, etc.).

• Optimize the management of a company’s financial resources to maximize its value.
• Explore key areas such as cash management, financing, investment decisions, and capital structure.
• Align financial decisions with the company’s overall objectives.

• Enable learners to understand the expectations of the applied research thesis.
• Formulate a research question, build a literature review, choose a study methodology, and make recommendations.

• Written exams
• Thesis defense