Core courses
Modules :
- Value-Win Business Simulation
How to create value in a turbulent environment.
The Value-Win business simulation is a competitive
experience, in a turbulent environment under time
pressure in which participants run a business and will
have to take operating and strategic decisions about
investment, procurement, production, marketing and
finance.
- Prerequisite for financial statistics
Review of the main statistical and mathematical concepts
to prepare the students for the “Statistical analysis for
financial institutions” module and courses requiring a
good foundation in mathematics (Portfolio management,
Financial risk management…).
Building a Sound financial system
- Emerging countries in the globalization process
The major features and figures of the globalization
process: international trade and production, international
capital movements. The benefits and drawbacks of
globalization for emerging and fast-growing countries
like Vietnam. - Financial intermediaries, markets and financing the economy
Analyzing the functions of various types of financial
systems and their logic, in order to assess their role in the
financing of economic development. - Monetary policy, exchange and interest rates
Understanding the goals, constraints and implementation
of monetary policy and the links between the external
sector, the exchange rate, and monetary policy. - Regulation, supervision and dynamics of the financial system
This course aims at presenting the characteristics of the diversity of financial systems, reasons explaining this
diversity, interactions with "real" sector, micro and macro
dynamics of systems, objectives and forms of regulatory
frameworks.
Techniques of corporate and market finance
- Financial analysis
This course is designed for participants with a reasonable command
of basic finance, which includes in particular an understanding of
financial statements (balance sheet, income statement and cashflow
table). It aims at providing participants with the opportunity to
develop a financial analysis and to update their knowledge. The
pedagogical approach is interactive, with discussions on real life
examples and case studies. - Financial structure and strategies
The course aims to provide the students with a good understanding of the logic which the financial manager should use to decide upon the capital structure, with particular focus on the Cost of Capital and its impact on the Market Value of the Firm. The main focus is on value creation and its measures and financial strategy of firms. The problems related to the determination of Cost of Capital will be discussed. It will look at the different types of securities which the firm can issue, including Convertible Bonds and use of Warrants. - Investment decisions and financial planning
Investment analysis is a most important topic for companies
as well as financial institutions that participate in the funding. A
good understanding of the theoretical background from which are
derived the major concepts, techniques and investment decision
tools is essential to guarantee an efficient allocation of resources at
the firm level as well as for the whole economy. The objective of this
course is to achieve this goal. - Instruments and techniques for financial markets
This course presents an overview of financial markets and gives the participants all the techniques used to issue, price and trade
fixed income products and shares. It is then explained how risk
of these products is estimated and how they are used in portfolio
management. - Company valuation
The valuation tools and methods to be able to design a financial
policy, understand the basics of mergers and acquisitions, to
compare different financial choices and policies as well as the
financial consequences of various strategies of the firm.
Financial institutions management
- Statistical analysis for financial institutions
This module presents quantitative methods and techniques
for managing risk and return in the banking system. It
develops students’ analytical skill and gets them more
familiar with mathematical modeling in financial applications. - Analysis and financial management of the insurance firm
Insurance firms, life and non life, play a major role in economic development through the provision of financial
security and, as a consequence, their contribution to the
financial markets. This course aims at providing the student
with a good understanding of this particular activity with a
particular focus on product development and pricing, and
conditions for financial performance as well as regulatory
issues such as solvency control and capital adequacy. - Portfolio theory and management
This seminar presents the foundations of the Modern Portfolio
Management (Mean-Variance Portfolio Analysis and Equilibrium
Asset Pricing Models). Asset allocation, portfolio strategies and
performance measurement. - Analysis and financial management of the banking firm
The course focuses on the specific management techniques
used in financial institutions and in particular in banks. We
introduce the techniques required to make well evaluated loan decisions
such as RAROC. We also discuss the increasingly sophisticated
risk management and market value maximization techniques
currently being used by banks and other financial intermediaries.
The traditional Asset Liability Management methods as well as
modern Value at Risk approaches are explained in detail. - Financial risk management: derivatives and hedging strategies
A derivative is a financial instrument whose value depends on the values of others: some of them are agreements, like forwards or futures contracts, others are rights, like options or warrants. The course presents the main derivatives used today by corporations and financial institutions to hedge financial risks: price risk, interest rate risk, credit risk, foreign
exchange risk, etc. Techniques for hedging, including the use
of derivatives, are explained for price risk, foreign exchange risk
and interest rate risk.
Also in the MEBF program:
Study Trip in France
Consultancy project
Focus hours
RSS