Master of Science Risk Management, Control & Compliance

MSc & MBA
Bac +3, Bac +4, Bac +5
Septembre, Février
initial, alternance
Paris, Lyon
Français
Home » Programs and Training » Master of Science Risk Management, Control & Compliance
L’évolution de la réglementation transforme les organisations

Ellen KOUNTZ

Directrice de programme

The MSc Risk Management, Control & Compliance course

Depuis la crise de 2008, les organes de régulation de l’industrie financière française et étrangère ont renforcé leurs exigences par une floraison de nouvelles régulations. S’ils ont effectivement contribué à mieux contrôler la sphère financière et prévenir des risques des faillites et de crises par la diversité de leurs angles et portées (équilibre du bilan, prévention du blanchiment, de la corruption, prévention des risques opérationnels, et cetera), les textes réglementaires sont devenus un nouveau corpus de règles.

Ces règlements prennent un caractère obligatoire et prégnant dans les organismes financiers, qui sont sujets à de très lourdes pénalités en cas de non-respect des règles. Les besoins se sont développés si rapidement qu’il a fallu recruter massivement ; cela a créé un « appel d’air » sur la formation articulée autour de ces problématiques : « Contrôle permanent et conformité ».

Etudiant en entretien sur le campus lors d'un événement entreprise

Un diplôme en 1 ou 2 ans pour devenir un expert de la gestion des risques et de la conformité.

Les titulaires d’un BAC+ 3 peuvent candidater en MSc 1re année, les titulaires d’un BAC+4 directement en MSc 2ème année.

This programme enables students to acquire training adapted to the expectations of organisations in the areas of risk management, management control and compliance. The training emphasizes the important role of the controller and the compliance officer within an organization and the major impact of a relevant risk management. We train students to participate in the implementation of corporate protection and decision-making mechanisms. The most common jobs are: risk officer, management controller, business and management consultant, compliance officer.

The objectives

The “Expert in Audit, Control & Consulting” certification is designed to meet the changing skills needs of the finance sector. The evolution of these skills stems from the changes in the activities and professions of the finance sector: increase in the regulatory environment, the volume of data to be processed and analyzed, digitalization, technicalization, professionalization of missions and the competitive environment.

Targeted Activities:
  • Steering the performance of a company
  • Controlling the performance of a company
  • Realization of the control and the audit
  • Animation of the control
  • Advice and information on taxation and business law
  • Animation of business teams in the context of an audit and performance analysis mission

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The 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.

Les cours de 1ère année

PROFESSIONAL METHODS AND PRACTICES – 1ST YEAR

Business Game

The business game is played using a business simulator. Groups of students are responsible for running a business in real time. All major business functions are covered. Students will make decisions to maximize the profitability of the business.

Ateliers techniques professionnels et Management Personnel

  • CV writing, recruitment interview techniques for the search for an internship, professional project management, team management and meeting management.
  • Negotiation techniques, transactional analysis and NLP, speaking and stage fright management, management and leadership techniques (PRADITUS).
  • Skills assessment, coaching, digitization of the CV and job search techniques at national and international level, preparation for the defence of the applied research thesis.

Conférences Métiers

Presentation of the professions in the sector by professionals.

CROSS-CUTTING AND FUNDAMENTAL COURSES

Gestion budgétaire et Tableaux de Bord

The objective is to acquire key skills in terms of budget management and reporting. The focus will be on budget architecture, with the implementation of summary documents, project management control and its link with budget management, and the creation and steering of performance indicators.

Business Plan et Création d’entreprise

The objective of this module is to learn how to draw up a business plan: Designing a costed project for the creation or development of a company.

Several steps are covered: feasibility study, market targeting, opportunities and risks, strengths and weaknesses, communication, financing plan and profitability.

Stratégie d’entreprise

A precise methodology for analyzing customer needs, market structure and competitor dynamics to identify opportunities and threats in the environment is presented.

Négociation

This seminar focuses on a negotiation in a national and international context.

In particular, it will be necessary to take into account the cultural dimension and define its impact in an international negotiation. The national negotiation will focus on the sales process through role playing.

Anglais 

To perfect English language comprehension and communication skills in a wider context than just business English. Students are required to take the TOEIC test.

Informatique de Gestion

This module aims to deepen students’ skills in IT to meet the needs of companies in terms of budgetary or commercial monitoring, project management, personnel management and communication: Excel, Word, Powerpoint, teamwork tools, business software.

It aims to be efficient with office automation tools, identify and correct errors quickly, customize existing tools or create your own tools.

Business game

The business game is played using a business simulator. Groups of students are responsible for running a business in real time. All major business functions are covered. Students will make decisions to maximize the profitability of the business.

Business Skills

What makes a successful business person?

Internal and external communication skill; managing your priorities and deadlines; organization and time management skills; how to be a great listener, writer and speaker; effective sales techniques; effective group dynamics and project management skills; understanding international business culture.

SPECIALIZED COURSES

Fondamentaux de la comptabilité 

The knowledge acquired during this module will enable you to master the accounting system as well as the elements that make up the balance sheet and the income statement. The key concepts are the formation of the result, the fixed assets, the current operations (VAT), the reductions, the personnel expenses, the stocks or the loans. The course will be based on case studies to facilitate understanding through a mixed theory and practice approach.

Contrôle de gestion et pilotage d’activité 

The objective of this course is to know how to apply the fundamentals of management control in a professional context of activity management. The teaching will be based on practical cases of company creation in various structures (bank agency, profit center). A focus will be made on the implementation of performance management tools through management control. Students will be able to create and interpret a dashboard, financial indicators and understand strategic decision-making based on reporting tools.

Audit et commissariat aux comptes 

The objective of this module is to make learners aware of the importance of the opinion and the public interest mission of the auditors. The focus will be on the differentiation between internal control and internal audit. The learner will be able to complete a risk table from audit tests, understand the concept of materiality, measure the importance of evidence in conclusions, and distinguish between management and auditor responsibility. The module will favour an approach based on case studies, in particular by studying the diagnosis of risks (case of expense accounts).

Comptabilité approfondie 

The course covers a presentation of the accounting logic and its regulatory framework. It is structured around the main cycles of operations that affect the life of a company: incorporation, acquisition of assets and the creation of liabilities. At the end of this module, the learner will be able to understand the accounting entries related to the main events affecting the life of the company and interpret the accounting statements produced by the company.

Analyse financière 

The final objective of this module is to introduce learners to the financial analysis of a company. The financial analysis will focus on the analysis of the activity (control of the intermediate balance of management (SIG), of the self-financing capacity (CAF)). But also in the analysis of the financial structure (top balance sheet operations, operations, cash flow, complements).

États financiers internationaux 

The objective is to understand the different types of management in order to manage one’s team efficiently. The management takes into account the management of commercial objectives while guaranteeing the motivation of the team and promoting cohesion. The identification of conflict risks within the team through an approach that takes into consideration the types of profiles and expectations of the collaborators is addressed in this module. This course integrates various positive management scenarios and emphasizes the notion of leadership in comparison to that of management.

Droit des affaires 

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. Criteria for choosing a business form. The role and powers of the control and management bodies. The principles and the fields of application of the tax, the tax optimization in a group. International taxation. VAT: principles and mechanisms. Special VAT regimes. The territoriality of VAT: the rules of the territoriality of VAT, the deliveries of movable goods, the supply of services. The VAT due: the VAT base and its calculation.

Finance d’entreprise 

The objective of the course is to allow the student to acquire the first reflexes of a financial analysis by having a global vision of the company through the study and the analysis of the main existing financial documents (balance sheet and income statement). This work will be based on the analysis of the internal legal structure and its impact on the evolution of the company. Emphasis will also be placed on the ability to determine the profitability of an investment and on techniques for valuing a company.

Finance de marché 

The objective of this module is to better understand the organization and functioning of the different segments of the capital markets as well as the characteristics and functioning of the main financial assets issued and traded on the markets. It is also about knowing how to manage a portfolio of fictitious financial assets. Here are the points that will be studied in class: the organization of the markets (typology, actors, regulatory authorities), the debt markets (money market, bond market), the equity markets (characteristics and typology of equities, operation, management of an equity portfolio), and the derivative markets (futures, options, swaps).

Fiscalité des entreprises 

The objective of the course is to know how to master the tax regulation by discovering the functioning of the main taxes and duties concerning companies. Concepts such as income tax, registration fees, real estate wealth tax, corporate tax and VAT will be covered during this module. At the end of the course, the learner should be able to calculate the various taxes and duties affecting companies.

Les cours de 2ème année

PROFESSIONAL METHODS AND PRACTICES– 2ND YEAR

Ateliers techniques professionnels et management personnel

CV writing, recruitment interview techniques for the search for an internship, professional project management, team management and meeting management.

Negotiation techniques, transactional analysis and NLP, speaking and stage fright management, management and leadership techniques (PRADITUS)

Skills assessment, coaching, digitization of the CV and job search techniques at national and international level, preparation for the defence of the applied research thesis.

LinkedIn workshops.

Financial reporting & activity management

Certification et commissariat aux comptes groupe 

The course prepares students to evolve in legal or contractual audit situations by taking into account the reforms of legal auditing (European reform, Pact law). At the end of this course, the student must be able to evaluate the stakes of an audit mission by measuring the specificities of a legal audit or a contractual audit. It must also be able to describe the content of each engagement, define the auditor’s responsibilities and the purpose of the audit report.

États financiers et diagnostic 

The analysis of the economic and financial performance as well as the diagnosis of the value creation process of a company are the essential elements of this teaching. There will also be a focus on profitability measures (capital employed and leverage) and value creation measures. At the end of this module, the student should be able to understand the impact of the financial approach of the company on the implementation of the strategy and its repercussions on the management control.

Contrôle de gestion et calcul des coûts 

The objective of this module is to master the basics of costing applied to management control. It will cover several points such as full costing, partial costing, rational allocation of fixed costs, predetermination of costs and variance analysis. A focus will be made on the ABC (activity based costing) method, a tool for analysing costs by activity. At the end of this module, the learner should be able to understand and participate in the implementation of different costing methods.

Contrôle de gestion et reporting stratégique 

This course ensures that students are able to implement management tools through management control in a performance and strategic planning approach. To this end, this module will be based on the determination of performance management tools (reporting, dashboards, etc.) and performance indicators (customers, processes, financial, innovation learning). The BSC (balanced score card), a system for visualizing the company’s performance and its evolution, will be particularly studied. A role-playing game will allow learners to assimilate the concepts.

RSE et développement durable 

This module aims to develop a topic of current interest for all companies, which is corporate social responsibility (CSR). CSR covers all the practices implemented by companies in order to apply the principles of sustainable development within the company, the three pillars of which are social, environmental and economic. At the end of this module, the learner must be able to diagnose the actions to be implemented as part of the company’s CSR policy in order to apply the principles of sustainable development: remuneration policies, environmental protection, disability, etc.

Change management and social organizational impact 

Perform, in quality of HR, the role of a highly effective organizational change, transition or transformation manager. Draw from a range of professional approaches to enable an organization to implement change smoothly. Motivate and ease people into adjusting to organizational change. Keep stakeholders engaged while an organization undergoes change or transformation. Minimize the risks involved with unsuccessful organizational change initiatives. Identify the roles needed to assemble teams most likely to deliver successful change.

Fiscalité des entreprises 

This seminar covers the general tax principles applicable to companies while showing the methods of determining taxable income. At the end of this course, students should be able to understand the taxation of a company’s results by understanding the fields of BIC (industrial and commercial profits), BNC (non-commercial profits) and BA (agricultural profits). They will also have to master the various rules relating to corporate tax. A differentiation will be made between the tax system for partnerships and that for corporations.

Risk management & audit

Contrôle interne et management des risques 

This course will be devoted to the study of the tools and organizational issues of internal control with the presentation of the concepts and fundamentals of risk management in companies. Other concepts will be addressed during this module such as the regulatory environment related to internal control, the internal control of banks and its specificities. Participants will learn how to create an internal control framework as a steering tool. Finally, risk management will be analyzed through the establishment of a risk map.

  

Audit interne et de groupe 

This module, which focuses on the evolution of the auditor’s profession, will aim to study the tools and organisational issues of internal control, as well as the practice of auditing through processes and the creation of a report. It will also discuss the purpose of internal audit applied to a group and the case of the audit of subsidiaries in the context of a group strategy.

Audit IT et sécurisation des données 

This course will make students aware of the real risks of attacks on systems within a company and the realities and consequences of industrial espionage. To do this, we will work on tools to combat these potential threats and implement a strategy to identify vulnerabilities in an organization.

Audit des fusions acquisitions

This course presents the different steps in an acquisition/disposal process: from the appointment of a board to the signing of the deal as well as the process of integrating a target with a focus on the intervention of financial due diligence experts.

Compliance

Dispositif français de la lutte contre la corruption 

This module will aim to master the new French laws and standards in terms of the fight against corruption and money laundering through the Sapin II law. And the study of the implementation of a corporate strategy to respond to the 8 pillars and the questionnaire of the French anti-corruption agency (AFA).

International anti-bribery mechanism 

This course introduces the main international anti-corruption laws (UK bribery act & FCPA). Concept of extraterritoriality of laws and its impact.

Mise en oeuvre et suivi du droit de la concurrence 

This course aims to master the laws and regulations on competition law in France and internationally. As well as the study of the implementation of a business strategy to meet the requirements of the Directorate General for Competition, Consumer Affairs and Fraud Control (DGCCRF).

Protection des données personnelles 

This course covers the fundamental concepts of rights and duties on personal data, the mastery of the new European law on the management of personal data RGPD and the study of the implementation of a business strategy to meet the requirements of the National Commission on Informatics and Freedoms

International sanctions 

This module deals with the concept of international sanctions that can impact countries or companies (mainly import-export and company financing). And the strategy for implementing international legal intelligence & corporate protection.

Projects, internships and career paths

Projet d’entreprise

Solving a company case or a professional application leading to a presentation in front of the company and the teaching team.

The course content is adapted each year and updated before the start of the new school year


2 start dates per year and varying study rhythms

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 anMSc Risk Management, Control & Compliance

  • Management Controller
  • Financial Auditor / Auditor
  • Accounting Consultant / Finance Consultant / Management Consultant
  • Accounting Manager
  • Banking & Tax Lawyer / Financial Markets Lawyer

Professional certification of ” Expert in Audit, Control & Consulting “This is a level 7 (EU) diploma, NSF codes 313 and 314, awarded by INSEEC and IFG (INSEEC EXECUTIVE EDUCATION, CEERA, CEESO, MBA INSTITUTE, CEFAS and IFG), registered under number 35008 in the RNCP (Répertoire National des Certifications Professionnelles) by decision of France Compétences on October 14, 2020.

The certification is issued by capitalization of the totality of the blocks of competences. Each competency of a block must be validated to validate the block of competencies. Partial validation of a block is not possible. It is also accessible through the Validation of Acquired Experience.

Find the blocks of competences 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

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 2022/2023 tuition to enter the program?

Initial training:

Paris:

  • Entry in MSc1 : 9 950 €.
  • Entry in MSc2 after M1: 10 050 €.
  • Direct entry in MSc2 : 11 450 €.

Bordeaux and Lyon:

  • Entry in MSc1 : 9 980 €.
  • Entry in MSc2 after M1: 10 050 €.
  • Direct entry in MSc2 : 11 980€.

Continuing education (sandwich course) :

Paris:

  • Training 24 months : 20 800 € HT
  • Direct entry in MSc2 : 11 950 € HT

Bordeaux and Lyon:

  • Training 24 months : 21 230 € HT
  • Direct entry in MSc2 : 12 280 € 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:

Disability


Contacts for disability referents by campus:
Bordeaux : Anne-Sophie SCHENKELS – asschenkels@inseec.com
Lyon : Mylène BESTOSO – mbestoso@inseec.com
Paris : Priscila SELVA – pselva@inseec.com
Chambéry : Géraldine RIVAL – grival@inseec.com


les chiffres clés de la formation en MSc Risk Management, Contrôle et Compliance

90%

Taux de satisfaction global par rapport à la formation – Promo 2019

95%

Taux de réussite – Promo 2019

87%

Taux d’employabilité – Promo 2019

81%

Taux de CDI à 6 mois – Promo 2019

Actualités

Updated 29 July 2022