Le Grand Syllabus 2016/2017
Teachers : Olivier SCHWAB (Associé - Expert en Evaluation Financière, NG Finance). Prerequisite : None Pedagogical format : Lecture alone Course validation : The course is assessed on the basis of two examinations : a mid-term exam (40%) and a ﬁnal exam (60%). Workload : Lecture (24h). Credits : 4. Pedagogical method : Each lecture introduces theoretical tools and case studies (incl. Vernimmen). Course Description : How to apprehend today the question of company valuation, or more simply "how much is it worth" or "is it proﬁtable ?" These key questions are nowadays a central component of complex economic and ﬁnancial issues such as industrial strategies, value creation, roles of ﬁnancial markets. To provide basic theoretical tools to better understand and analyze these issues, the course is divided into 3 parts : Financial and diagnostic analysis ; Basic ﬁnancial tools such as discount concepts, capitalization, return rates and present value ; company valuation. These concepts are essential to both students preparing for careers in ﬁnance and to all those who wish to have an overall vision of a company and its market environment or, more simply, want to master the basics of ﬁnancial calculation. Required reading : Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann le Fur, Antonio Salvi : Corporate Finance Theory and Practice, John Wiley & Sons, 4th Edition ; Richard A. Brealey, Stewart C. Myers, Franklin Allen : Principles of Corporate Finance, The McGraw-Hill/Irwin, 10th to 12th Edition ; Jonathan Berk, Peter DeMarzo : Corporate Finance, Pearson, 3rd Edition.
Pedagogical format : Elective Course validation : Assessment : - Attendance & participation : 20% ; Presentation of Libor Euribor case : 20% ; 1h midterm exam : 20% during the class ; Final exam in class : 40% Workload : Seminar of 24h : 12 sessions of 2 hours. Credits : 4. Pedagogical method : Lectures on the basic principles and theories and some practical tutorials. The limited number of students should guarantee a high level of student-teacher interactivity. Excel spreadsheet will be used in courses on certain topics, even if computers are not allowed during the ﬁnal exam. This course is coordinated by Didier Schlacther, engineer and economist, Maitre de conférence at Sciences Po and at ENA. Course Description : The purpose of this course is to provide students with the essential tools of ﬁnancial calculation and statistics. This teaching mainly aims to facilitate the understanding of technical instruments and to some extent their mastery in the speciﬁc context of problems encountered in ﬁnance and management. The teaching is highly progressive starting from a minimum basic knowledge. This course will develop all aspects required for students to have a "ﬁnancial general culture". Required reading : D. SCHLACTHER, Comprendre les mathématiques ﬁnancières, Hachette, coll. Les Fondamentaux, 4° ed. 2012 ; D. SCHLACTHER, De l'analyse à la prévision, Hachette, coll. Les Fondamentaux, 5° ed. 2009 - 3 tomes ; D. SCHLACTHER, Comprendre la formulation mathématique en économie, Hachette, Coll. Les Fondamentaux, 5° ed. 2008 ; G. KELLER, B. WARRACK, Statistics for management and economics, Thomson, Brooks/Cole, Paciﬁc Grove, 2003 ; F. K. REILLY, K.C. BROWN, Investment analysis and Portfolio Management, Thomson South Western, 2006.
Semester : Spring Number of hours : 24 Language of tuition : English
Opened to the exchange program
INNOVATION ECONOMY AND FINANCE
Semester : Spring Number of hours : 12 Language of tuition : English
Teachers : Guillaume LEVANNIER (Advisor of the chairman at SCOR), Jean PIQUARD (Deputy Head of Cabinet at the General Inspection Department, Banque de France). Prerequisite : None 2040
Teachers : Jacques DARCY (Directeur Associé / European Investment Fund), Patrick TERROIR (Avocat).