at a glance...

Partner Institution

IGR-IAE of the University of Rennes I

Duration ~18 months
Starting date Spring 2017
Closing date for pre-registrations: tbc
Closing date for final applications: tbc
Location Luxembourg
Assessment Coursework, exams, dissertation & defence
Entry requirements
  1. having successfully completed 4 years of university studies (240 ECTS) in management, accountancy, banking and finance, economy or a similar domain,
  2. having successfully completed 4 years of university studies (240 ECTS) in another discipline and at least 3 years of experience in a managing position,
  3. having successfully completed 2 years of university studies (120 ECTS) and at least 5 years of experience in a managing position. In the latter case candidates may be accepted via the accreditation of prior learning procedure.

A jury will take the decision of acceptance on the basis of the documentation provided and an interview, both of which assess the candidate’s ability and fit with the program.

Selection Selection of candiates is based on the completion and submission of the admissions file and an interview before a jury.
Fees 7.950 € (subject to change)

The candidate as well as his/her employer can benefit from financial support by the state, under certain conditions.

Objectives

ObjectiVes

The aim of this programme is to train financial managers highly qualified in terms of financial analysis and company valuation who will be able to combine the techniques of both financial strategy and financial analysis.

Value creation has become a decisive factor for the development of companies, the group structures of which are becoming more and more complex and dynamic. In order to fully benefit from the interactions between financial and industrial choices, the financial, legal and fiscal tools available are getting more and more diverse and complex.

In this framework, the present Master’s degree offers a combination of advanced knowledge allowing for skills development in two complementary competency domains: financial analysis, valuation, and financial engineering, in an international environment.

The professional, conceptual and applied characteristics of this programme allow its students to easily evolve in the labour market and constitute a real trampoline for a dynamic career in the field of finance and banking or in audit and consulting firms.

Target Population and Admission Requirements

Target population

What jobs?
What employment sectors?

The positions open to graduates from this programme are diverse and cover a large variety of jobs: structured financing analyst, creditanalyst, LBO analyst, financial analyst, risk analyst, capital investmentanalyst, merger and acquisition analyst, credit manager, specialist infinancial communication, auditor, company project manager, corporate restructuring advisor, financial strategy advisor… .

Admission requirements

Classes on this Master’s degree will be held in English.
Hence, a good level of English is a necessary requirement to enrol on this course.

The course offered here is an M2 level Master’s degree.
To be eligible for registration on this course you will need to either.

  1. having successfully completed 4 years of university studies (240 ECTS) in management, accountancy, banking and finance, economy or a similar domain,
  2. having successfully completed 4 years of university studies (240 ECTS) in another discipline and at least 3 years of experience in a managing position,
  3. having successfully completed 2 years of university studies (120 ECTS) and at least 5 years of experience in a managing position. In the latter case candidates may be accepted via the accreditation of prior learning procedure.

A jury will take the decision of acceptance on the basis of the documentation provided and an interview, both of which assess the candidate’s ability and fit with the program.

Programme and Organisation

Programme *

Content of the unit
UE 1 In-depth finance
  • Portfolio management
  • Financial statement analysis
  • Financial markets structure
  • Financial programming
UE 2 Financial strategies and governance
  • Competitive Analysis and competitiveness of the firm
  • Corporate governance and value creation
UE 3 Complex financial instruments
  • Derivatives
  • Hybrid financial instruments
  • Leveraged buyouts
UE 4 Diagnostics and corporate valuation
  • Ratios and cash flows analysis
  • Valuation methods
UE 5 Legal and Fiscal Management
  • Legal engineering
  • International group taxation
UE 6 Advanced financial accounting
  • Consolidated financial statements
  • IFRS norms
UE 7 Advanced financial accounting : method and case studies
  • Initial public offerings
  • Leveraged buyouts (practical analysis)
UE 8 External growth strategiesg
  • Mergers and acquisitions performance
  • M&A strategy and negotiations
UE 9 Credit Risk : analysis and management
  • Credit risk analysis
  • Credit risk and distress management
UE 10 Speciality project
UE 11 Conferences
  • Venture capital
  • Credit management
UE 12 Dissertation + defence

*non-contractual, subject to change

Organisation and teaching staff

The Master’s degree (M2) is composed of 12 study units which extend over 18 months. Courses are taught partly by specialised professionals, with expertise in their domain, and partly by academics. The teaching provided allows combining the latest developments in financial theory with the day to day experience of professionals. The majority of the study units are validated through practical applications, therefore making students more operational at the end of the course. Classes mainly take place on fridays, saturdays and weekday evenings, and are held in Luxembourg.

Terms and Conditions

1. Course registration

Candidates are required to preregister in order to receive a registration file to be filled in and submitted.

The preregistration document can be found online on: www.lllc.lu

Chambre des salariés / Luxembourg Lifelong Learning Center
13 rue de Bragance • L-1255 Luxembourg
T +352 27 494 600 • F +352 27 494 650
formation@LLLC.lu
or on the website: www.LLLC.lu

It is to be sent back to the above address within the time frame specified on the preregistration form, by postal mail, fax, e-mail or to be delivered in person.

The registration file with all the supporting documents is to be submitted to the same address within the time frame specified on the preregistration form.

2. Prerequisites:

The course is open to applicants holding a university degree (short or long) and / or having acquired substantial experience in the field.

3. Admission to the course

A jury composed of members of both organising institutions will decide upon the admission of the candidate to the course. The jury’s decisions are final and not subject to review or appeal. Acceptance of the registration is based on the completed application file and additional required documents.

The candidate will be informed of his/her acceptance or refusal to the course by postal mail or email. In case of acceptance an invoice will be sent by postal mail.

Acceptance to the course is effective from the moment the LLLC has received the payment of the registration fees.

4. Payment of registration fees

The fee is subject to change.

The candidate is required to pay the registration fee in accordance with the instructions on the invoice and at the very latest before the beginning of the course.

A candidate failing to pay is considered as non-registered on the course and neither allowed to attend classes, nor any exams, nor dissertation defences. He/she will not receive any document or certificate of attendance nor any other communication, nor any results related to this training course. The Chambre des salariés will engage the necessary legal means to recover registration fees, amongst others through wage withholding as well as damages and interests.

5. Course cancellation

In case of course cancellation by the LLLC, especially when the required number of candidates has not been reached, fees already paid will be reimbursed.

6. Withdrawal from the course

In case of withdrawal from the course the candidate is required to inform the LLLC in writing as soon as possible.

Registration fees still due depend on the date of the withdrawal notification by the candidate to the LLLC:

Cancellation more than 7 opening days before the course start date: reimbursement of the total amount of the registration fee;

Cancellation less than 7 opening days before the course start date: reimbursement of 90% of the registration fees;

Cancellation after the course start date: total amount of fees due.

In certain exceptional cases (serious illness, accident of the candidate …) the LLLC can proceed to the reimbursement of the registration fees. Such decisions taken by the LLLC are without appeal and without motivation.

6. Teaching staff and course content

The course content, a potential list of teaching staff, as well as the programme displayed in the brochure or on our website are subject to change until the course start date.

7. Dates and place of course

The course is held in Luxembourg from spring 2017 to autumn 2018 . Candidates shall be informed of the dates as well as the location where the classes will be held, once the registration fees have been received by the LLLC.

8. Course attendance

Course attendance is compulsory and shall be verified by the candidate’s signature of an attendance sheet distributed by the lecturer during each of the classes.

9. Communication of information during the course

Candidates have the right to indicate their preference as to whether they prefer to receive course related information by the LLLC by postal mail or by email.

10. Qualifications

In order to be awarded the « Master Financial Analysis and Strategy » by the IGR-IAE of the University of Rennes 1, participants are required to have attended and passed all modules. They are required to have defended their dissertation successfully.

11. Exam regulations

Exam procedures are defined in accordance with the University of Rennes 1 exam guidelines.

12. Examination papers

Examination papers are available for consultation by the candidates for 3 years.

Certification

Upon successful completion of all modules the candidate will be awarded a Master’s degree in Financial Analysis and Strategy, emitted by the IGR-IAE of the University of Rennes I.

Partner institution

Luxembourg lifelong learning centre offre cette formation en partenariat avec :

IGR-IAE of the University Rennes I

The University of Rennes I is a public establishment of scientific, cultural and professional character (EPSCP).

It’s a multidisciplinary and multisite university which includes sciences and technology, health, humanities and social sciences.
The university is located in Brittany, in Rennes with three large campuses, in Bailleron in the Morbihan Gulf, in Dinard, in Fougères, in Lannion, in Paimpont, in Penmarc'h, in Saint-Brieuc and in Saint-Malo. Through the quality of its teams the University of Rennes I has become a centre of attraction and an international centre of reference for all students in Brittany, other regions of France and for the 3384 foreign students, whom it welcomes this year.

The University of Rennes comprises 35 research units and 3 federative structures. At this day it totals 25700 students, 3722 members of staff and
has a budget of 274,4 million € at the department for higher education and research. The IGR/IAE or Institut de Gestion de Rennes (Rennes Management Institute) is a member of the national network of IAEs (Institut d'Administration des Entreprises), which awards the « ASF » (Financial analysis and Strategy) diploma, and is part of the University of Rennes I.

La Chambre des salariés (CSL)

La Chambre des salariés (CSL)

A necessary institution to defend employees’ interests

The Chamber of employees (Chambre des salariés, CSL), which was constituted as a result of the introduction of the unique status has about 400.000 adherents. It plays a major role in the consultation process regarding national legislative procedures. Its opinion is required on all bills in relation with its adherents before the final vote in the Parliament.

The CSL publishes documentation on legal issues regarding labour law, social security law as well as viewpoints and opinions on economic and social topics. It also organises public conferences with relation to the work environment. The CSL appoints the employee and retiree representatives which sit within the Caisse nationale de santé (National Health System), the Assurance pension (retirement insurance), the labour court and the social security jurisdictions. It proposes training courses to employees and to their representatives in its centre for training and seminars (Centre de formation et de séminaires, CEFOS) in Remich. The latter is constituted of a multifunctional structure for the organisation of meetings and conferences.

Further education for adults is one of the main activities of the CSL. The Luxembourg Lifelong Learning Center (LLLC), the further education centre of the CSL, proposes a large panel of evening courses, seminars, university degrees, specialised training courses and professional certifications.