Master of Science Financial Markets, Trading & Risk Management

The aim is to acquire key skills in budget management and reporting. Particular emphasis will be placed on budget architecture, with the implementation of summary documents, project management control and its link with budget management, and the creation and management of dashboards.

The aim of this module is to teach you how to draw up a business plan, i.e. to design a costed project for the creation or development of a company. Several stages are covered: feasibility study, market targeting, opportunities and risks, strengths and weaknesses, communication, financing plan and profitability.

Perfect your English comprehension and communication skills in a wider context than just business English.

The aim of this module is to develop students’ IT skills to meet the needs of companies in terms of budgeting, sales, project management, personnel management and communication: Excel, Word, Powerpoint, teamwork tools, business software. The aim is to become proficient with office automation tools, quickly identify and correct errors, customize existing tools or create your own.

The business game is played using a management simulator. Groups of students are given the responsibility of managing a company in real time. All major business functions are covered. Students make decisions to maximize the company’s profitability.

This module enables learners to improve their CVs and posture through role-playing (professional simulation, speaking, etc.); practical and professionalizing workshops (CVs, professional social networks, coaching, etc.) as well as professional conferences and master classes.

À la comptabilité générale is to explain the ‘raison d’être’, main uses, documents and mechanisms of general accounting, including :

• The purpose, content and use of an organization’s balance sheet and income statement
• Mechanisms for linking these two accounting documents
• Recording of the company’s main transactions

The main aim of this introductory module to general accounting is to provide all students, whatever their career plans, with a basic accounting culture that will enable them to understand the content of financial statements, and to use this knowledge in discussions with accountants.

• Modern financial diagnosis tools for an overall analysis of the company.
• Financial diagnosis tools: study of profitability, solvency and financial structure.
• Profitability analysis.

• Break-even and breakeven calculations.
• Budget management techniques, activity monitoring and dashboards.
• Analysis and use of management control, costing methods, analysis center methods, rational allocation of fixed costs, marginal costs, partial costs.

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

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

• Mastery of accounting procedures.
• Consolidation of accounts.
• Profit appropriation.
• Capital reduction.
• Securities valuation.
• Company incorporation.
• Capital increases.
• Convergence of French GAAP with IFRS.

• Master the fundamental concepts required for financial forecasting.
• Sources of information, sector analysis, analysis of economic and financial performance, analysis of financial structure and financing methods.

• Definition of business law.
• The notion of contract.
• Obligations of means and results.
• The concept of legal personality, how SARLs, SAs and SNCs work.
• Criteria for choosing a business form.

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

• Investment projects: selection criteria and the real options approach.
• Financing methods: quasi-equity, bond financing, negotiable debt securities, IPOs, venture capital.
• Explanatory theories of financing choices.
• Treasury and management of centralized cash flows.
• Company financial valuation.

• The principles and scope of corporate income tax, tax optimization within a group.
• International taxation. VAT: principles and mechanisms.
• Special VAT regimes. VAT territoriality: rules governing VAT territoriality, supplies of movable goods and services.
• VAT liability: VAT base and calculation.

This hybrid module will enable you to understand the role of the Autorité des Marchés Financiers in the regulation and supervision of financial markets, through the following topics :

• Financial instruments, cryptoassets and risk.
• Collective management.
• Functioning of market organization.
• Post-trade and market infrastructures.
• Securities issues and transactions, and accounting and financial fundamentals.

• Understand and master the principles of discounting and capitalization.
• Interest calculation. Comparing financial flows over time.
• Calculate the main profitability indicators for an investment project.

• Study financial statements to assess a company’s profitability, solvency and performance.
• Use financial ratios and analysis models to diagnose the economic situation and anticipate strategic decisions.

• Application of accounting standards to prepare consolidated financial statements.
• Analysis of consolidation methods (full consolidation, proportional consolidation, equity method) and restatements required to consolidate financial results.

• Evaluation of ESG criteria (Environment, Social, Governance) and their impact on corporate financial performance.
• Application of regulatory frameworks (CSRD, Green Taxonomy) for extra-financial reporting and sustainable finance strategies.

• Study of IFRS and US GAAP as applied to financial statements.
• Analysis of the differences between accounting standards and their implications for the interpretation and evaluation of multinational companies’ performance.

• Valuation of companies using methods such as Discounted Cash-Flow (DCF), market multiples and patrimonial approaches.
• Analysis of the financial structures of LBO operations and how investors can optimize profitability.

• Implement cash flow management strategies to optimize cash flow and anticipate financing needs.
• Use hedging instruments to manage risks linked to interest rate and currency fluctuations.

• Analysis of equity, bond, derivatives and commodities markets.
• Study of asset allocation strategies and portfolio management techniques according to economic cycles and risk profiles.

• Acquire the regulatory and technical knowledge required to pass the Autorité des Marchés Financiers (AMF) certification.
• Study of financial instruments, compliance rules and the obligations of financial professionals.

• Analysis of financing mechanisms for large companies and infrastructure projects.
• Study of solutions such as securitization, mezzanine financing, convertible bonds and equity capital raising.

• Understanding the key stages of an M&A deal, from due diligence to post-transaction integration.
• Study valuation techniques, negotiation strategies and financial structuring of M&A deals.

• Analysis of private equity investment strategies: venture capital, growth capital, LBOs.
• Study of investment cycles, valuation methods and exit strategies of investment funds.

This module enables learners to improve their CVs and posture through role-playing exercises (business game, professional simulation, public speaking, etc.); practical and professionalizing workshops (CVs, professional social networks, coaching, etc.) as well as professional conferences and master classes.

• Advanced use of Excel and VBA programming to automate financial calculations, build valuation models and manage complex financial databases.

• Talent and team management strategies in the financial sector. Approach to the dynamics of leadership, motivation and optimization of individual and collective performance.

• Optimization of asset allocation and financial risk management according to performance objectives and market conditions.
• Application of quantitative models and active and passive management strategies.

• Enable learners to understand what is expected of an applied research dissertation.
• Formulate a problem, build a literature review, choose a study methodology, make recommendations.
• Construct an applied research dissertation, including a literature review, a qualitative and/or quantitative study, and recommendations.

• Use of the Bloomberg platform for financial market analysis.
• Real-time data extraction and processing, monitoring of macroeconomic indicators and application to investment decisions.

• Study of financial market trading techniques and strategies.
• Analysis of market orders, position management, application of technical and algorithmic analysis, risk management related to price fluctuations.

• Written exams
• Research dissertation defense