École du management et de l'innovation, Master in Economics and Business
Teachers : Jean-Louis TERRIER (President, Credit Risk International). Prerequisite : None Pedagogical format : Seminar Course validation : 30% : Final exam in class (multiple choice question). 30% : Mid-term exam in class (multiple choice question). 40% : The writing of a 5-page Country Risk Note for the Executive Committee of your company. Workload : 12 seminars of two hours each (24 hours). Credits : 4. Pedagogical method : The number of students prevents real interactive pedagogy. However, students will be systematically provided with slide presentations and suggested readings prior to each course. Three sessions will be given by other professionals in risk management. Course Description : Country risk assessment is absolutely critical to International Business. The purpose of this 12-session course is to provide students with : - A better apprehension about the perimeter of Country Risk among other risks involved in crossborder transactions ; - A basic know-how in Sovereign Risk Analysis as undertaken by rating agencies ; - The crucial distinction to be made between "Sovereign Risks" and "Investment Risks" as involved in Foreign Direct Investments-FDI or Project Finance-PPP operations ; - The relevance of "Political Risk" Insurance and of co-ﬁnancing by Multilateral Funds to mitigate some country risks. Required reading : "Country Risk Assessment” by M-H Bouchet, E. Clark and B. Groslambert, Willey Finance (2003) ; “Managing Country Risk - A Practitioner's Guide”, By Daniel Wagner (CRC Press - 2012) ; “The Fat Tail - The Power of Political Knowledge in an Uncertain World”, By Ian Bremmer and Preston Keat, Oxford U. Press (2010) ; “Risk Rules - How Local Politics Threaten the Global Economy”, By Marvin Zonis, Dan Lefkovitz, B2BooksAgate (2011) ; “Risk Intelligence – How to Live with Uncertainty”, By Dylan Evans, Free Press (2012).
DIGITAL BUSINESS STRATEGIES
Semester : Autumn Number of hours : 24 Language of tuition : English
Opened to the exchange program
Teachers : Rasmus MICHAU (Serial entrepreneur and investor). Pedagogical format : Elective Course validation : Students will be evaluated on their individual class participation (10%), the relevance of their group's presentation (50%) and the quality of the business plan presented to a panel of experts at the end of the semester (40%). Workload : 12 seminars of 2 hours (24h). Credits : 4. Pedagogical method : Each session will concentrate on a topic relevant to digital business strategies and will consist in a lecture, a case study and a presentation by a student group. When possible, a guest speaker will also attend. The format is open and will also consist in active discussions/ Q&As. Students are expected to read the case relevant to the day's presentation. Each student will have to choose two team mates with whom he/she will have to prepare one presentation and a business plan for the end of the semester. Certain articles and books will be required reading as well. Course Description : Digital Business Strategies course is for students with a genuine interest in how the digital revolution has enabled business to unleash new value. The course will examine how digital impacts the value chain of businesses from start-ups to Fortune 500 companies. We will study the main business models made possible by the digital realm, study failures and successes in order to gain a better understanding of what digital means in today's business environment. This course is meant for students who may want to launch a start-up or who wish to pursue more traditional careers where the digital component is vital for success. Over the course of the semester, we will invite entrepreneurs and managers from the digital world to share their experiences. Required reading : Erik Brynjolfsson and Andrew McAfee, The Second Machine Age : Work, Progress, and Prosperity in a Time of Brilliant Technologies ; Ben Horowiwtz, The Hard Thing About Hard Things : Building a Business When The