An MSc to prepare for work in a financial management company
Jean-Noël HAUSER
Directeur de programme
Why choose the MSc Corporate Finance & Financial Engineering program ?
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 gain solid knowledge essential for high-level careers.
Professional label

INSEEC students take the AMF (Autorité des Marchés Financiers) certification as part of their MSc Corporate Finance & Financial Engineering program.
Program Objectives
The skill-based objectives are to be able to :
- Analyze the company’s strategic data ;
- Control and manage the company’s operations ;
- Ensure the sustainability of the company’s activities ;
- Provide financial recommendations and master communication.
Speaker Testimonial – MSc Corporate Finance & Financial Engineering
David Bartet, lecturer in the 1st and 2nd year of the MSc program

A 1 or 2 year degree to become an expert in financial engineering
- 1st year MSc total hours : 441 hours
- 2nd year MSc total hours : 441 hours
How to apply for the MSc Corporate Finance & Financial Engineering program at INSEEC ?
The required prerequisites
The prerequisites for access to the certification scheme (excluding VAE) are:
- For entry into the 4th year (MSc1): Applicants must have validated a Level 6 qualification or equivalent (such as a Bachelor’s degree) in one of the following fields: finance, business and administration management, economic and social administration, economics, or mathematics.
- For entry into the 5th year (MSc2): Applicants must have validated a Level 6 qualification or equivalent (such as a Master 1) in one of the following fields: finance, business and administration management, economic and social administration, economics, or mathematics, along with experience in finance.
Want to learn more about the MSc in Corporate Finance & Financial Engineering program? Sign up for an Information Session !
Want to learn more about the admission requirements for our Corporate Finance & Financial Engineering program ?
What are the courses in the Master of Science in Corporate Finance & Financial Engineering program ?
The courses listed below are provided as examples and may vary slightly depending on the teaching campus. The course content is adapted each year to reflect market developments and updated before the start of each academic year.
1st Year Courses
THE COURSES OF THE MSc 1st YEAR
CORE & FUNDAMENTAL COURSES – 1st YEAR
BUDGET MANAGEMENT & DASHBOARDS
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.
CORPORATE STRATEGIES & BUSINESS PLAN
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.
BUSINESS ENGLISH
Perfect understanding and communication skills in English within a broader context than just business English.
SOFTWARE & DECISION-SUPPORT TOOLS
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.
BUSINESS GAME
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.
PROFESSIONAL TOOLS & METHODS
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.
SPECIALIZED COURSES
ACCOUNTING
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.
FUNDAMENTALS OF FINANCIAL ANALYSIS
- 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.
MANAGEMENT CONTROL
- 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.
INTERNAL AUDIT
- 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.
AUDIT & STATUTORY AUDITING
- 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.
ADVANCED ACCOUNTING
- 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.
ADVANCED FINANCIAL ANALYSIS
- 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.
BUSINESS LAW
- 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.
INTERNATIONAL FINANCIAL STATEMENTS
- 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.
CORPORATE FINANCE
- 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.
CORPORATE TAXATION
- 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.
E AMF
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.
FINANCIAL MATHEMATICS
- 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.
EXAMS & SUPPORT SESSIONS
EXAMS
- Written exams.
- Defense of professional report.
2nd Year Courses
THE COURSES OF THE MSc 2nd YEAR
FINANCIAL & NON-FINANCIAL STRATEGY
FINANCIAL & STRATEGIC ANALYSIS OF THE COMPANY
- Analysis based on individual and consolidated financial statements.
- Study of profitability, solvency, financial structure, and returns (ROCE, ROE).
- Analysis of listed and unlisted companies.
CONSOLIDATION OF FINANCIAL STATEMENTS
- 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.
NON-FINANCIAL ANALYSIS & SUSTAINABILITY REPORTING
- 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.
INTERNATIONAL ACCOUNTING STANDARDS
- 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.
FINANCIAL PERFORMANCE
BUSINESS VALUATION & LBO
- 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.
FORECASTING MANAGEMENT, CASH MANAGEMENT, INTEREST RATES & EXCHANGE RATE RISK
- 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.
FINANCIAL MARKETS & ASSET MANAGEMENT
- 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.).
AMF PREPARATION & CERTIFICATION
- 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.
FINANCIAL ENGINEERING
STRUCTURED FINANCING & EQUITY TRANSACTIONS
- 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.
STRUCTURED FINANCING & EQUITY TRANSACTIONS
- 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).
PRIVATE EQUITY
- 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.
PROFESSIONAL TOOLS & METHODS
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.
MANAGEMENT OF ORGANIZATIONS & TEAMS
EXCEL, VBA
- 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.
TEAM & TALENT MANAGEMENT
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.
TRANSFORMATION MANAGEMENT & CHANGE LEADERSHIP
- 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.
TECHAWAY – DATA PROCESSING AND GENAI
- 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.
FINANCIAL MANAGEMENT
RISK MANAGEMENT
- 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.
FINANCING TECHNIQUES & BANK–CORPORATE RELATIONS
- 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.).
FINANCIAL MANAGEMENT
- 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.
APPLIED RESEARCH THESIS
- 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.
EXAMS & SUPPORT SESSIONS
EXAMS
- Written exams
- Thesis defense
What are the start dates and study rhythms ?
Two intakes are organized each year, in February/March and September/October. To confirm the availability of a specific intake, please contact the admissions office directly.
The course schedule may vary depending on the campus and whether the program is pursued under a student internship agreement (initial training) or a professional/apprenticeship contract (continuing education).
The work-study contract must be signed for a duration of 12 months (MSc 2) or 24 months (MSc 1 + MSc 2).
For information regarding the duration of contracts for off-cycle intakes, please contact the admissions office of the campus you are interested in.

What career opportunities are there after an MSc in Corporate Finance & Financial Engineering?
- Management Controller / Head of Management Control
- Treasurer / Cash Manager
- Financial Manager
- Chief Financial Officer (CFO)
- Corporate Account Manager
- Mergers & Acquisitions Advisor
- Investment Banker
- Financial Analyst
- Credit Analyst
- Bank Risk Analyst
- Financial Portfolio Manager
To consult detailed job descriptions by specialization.
What business skills are developed ?
The professional certification allows you to prepare for the following blocks of skills :
- Designing financial and extra-financial strategies for organizations
- Manage the financial performance of organizations
- Designing and deploying financial engineering
- Steering the transformation of organizations and managing teams
This common set of skills is supplemented by the following optional sectoral blocks :
- Manage the organization’s internal and external financial management tools
Description of how to acquire certification by capitalizing on blocks of skills and/or by correspondence
Certification is obtained by :
- Validation of four blocks of skills common to all courses (a mark of 10/20 or higher in each block of skills).
- Completion of a minimum 132-day work placement in the second year of the program (MSc2).
Professional certification
Level 7 (EU) “Expert in Financial Strategy” professional certification, NSF codes 313 and 314, issued by INSEEC MSc (CEE-SO, CEE-RA, CEFAS, CEE-M, CEE-OUEST, MBA INSTITUTE, ADEFI FORMATION), registered under number 40177 in the RNCP (Répertoire National des Certifications Professionnelles) by decision of the Director General of France Compétences on January 31, 2025.
Certification is awarded by capitalizing on all the skills blocks. Each skill in a block must be confirmed to obtain the block of skills. Partial validation of a block is not possible. It is also accessible via the Validation of Acquired Experience..
To find out more about the blocks of skills associated with this RNCP qualification, click here.
What are the teaching methods?
Teaching methods
- Lectures and interactive courses
- Role-playing through group or individual case studies carried out by students
- Educational conferences and seminars
Evaluation methods
- Individual or group case studies
- Individual and/or group oral presentations
- Individual and/or group files
- Applied research dissertation with individual defense
Methods and tools
- Assessment is carried out face-to-face, in the form of continuous assessment or final exams in the form of mid-term exams.
What are the tuition fees for 2025/2026 ?
FALL INTAKE – 2025
Initial training:
- MSc1: €11,850
- MSc2: €13,500
Apprenticeship program:
- 24 months : €23,850 before tax
- MSc2 : €14,250 before tax
International students pack
Mandatory fee of €700 for exclusive support services for international students living outside the European Union.
SPRING INTAKE – 2026
Initial training:
- MSc1: €11,850
- MSc2: €13,500
Apprenticeship program:
- 24 months : €23,850 before tax
- MSc2 : €14,250 before tax
International students pack
Mandatory fee of €700 for exclusive support services for international students living outside the European Union.
In the case of work-study training, tuition fees are payable by the OPCO and the company signing the contract.
VAE/VAP :
- VAE : €4,200 before tax
- VAP : €850 before tax
International Student Pack: Mandatory fee of €490 for exclusive support services for international students.
International students pack
Mandatory fee for exclusive support services for international students living outside the European Union.
- Fall intake (2025) – September/October: €700
- Spring intake (2026) – February/March: €700
Application fee
The application fee is €80.
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 RNCP N°35007 “Expert in financial analysis” qualification
92%
National success rate – Class of 2023
97%
Submission rate – Class 2023
86%
Overall integration rate (140 respondents out of 368)– Promo 2022
78%
Satisfaction rate after 6 months – Promo 2022
* Details are available in this document (national results and by regional certifier).
What is our school’s disability policy?
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 the OMNES Education Group’s disability policy, click here.
Contacts for disability referents by campus
- Bordeaux : Maxime DOUENS – mdouens@inseec.com
- Lyon : Anissa GASMI – agasmi@inseec.com
- Paris : Farid HAMAD – fhamad@inseec.com
- Rennes : Laura LE CALVEZ – llecalvez@omneseducation.com
- Chambéry : Clément BERTACCO – cbertacco@inseec.com
- Marseille : Océane VALOTTI – ovalotti@omneseducation.com
- Toulouse : Amanda MARNEIX – amanda.marneix@isct.fr
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