Sitemap

IFAC Major

Content

 

 

1.   The Major begins with an introductory week, then students follow a core program of required courses (18 hours) in accounting, corporate finance, financial management, business strategy and business performance, as well as a number of “job-oriented” courses (12 hours).

 

2. In Semester 1 (S1: September-December), courses are in English and for all students. 

 

3. In Semester 2 (S2: January-end of March), the major offers three alternative possibilities:

- the DSCG Track enable the students to validate 5 waivers (out of 7 exams) for the DSCG (Diplôme Supérieur de Comptabilité et de Gestion). The DSCG is the level II of the French CPA, and heads towards the D.E.C. (Diplôme d'Expertise Comptable) which is needed to certify the accounts of companies in France. Most courses in this Track are in French, and the Track is highly recommended for those who want to enter au auditing firm in Paris (Big 4 or Mazars) after HEC. The DSCG is also highly acknowledged in the Finance functions of large French firms (MNEs);

Or

- the CMA International Track (Certified Management Accountant) prepares well the students who want to take in May & June the two parts of this north-American certification and become IMA members; the IMA (Institute of Management Accountants) edits the professional journal Strategic Finance; the contents of this north-Americian certification include a lot of financial management notions and the certification is acknowledged all over the world (the IMA has over 40,000 members worldwide), especially for working in in financial management positions in large groups;

Or

 - students who have been selected for the challenging Double Degree IFAC-CEMS will leave for their international exchange in one of the partner Universities : Copenhagen Business School, London School of Economics, Stockholm School of Economics, University of Bocconi, University of Saint Gallen, Wirtschafts Universität Wien.

    

 

Additionnally, students will write a Master thesis on a topic of interest to them. The Master thesis (20 ECTS) is supervised by a Professor who is highly knowledgeable in the field, and various awards reward each year the best pieces of work.  

The Major offers an even mix of technical courses assessed by final examination, and managerial   courses based on group projects. Developing teamwork abilities in a multi-cultural context is also one of the personal development and soft skills learning objectives of the Major.

 

      The main courses are:

 

·   core courses: advanced financial accounting, consolidation and group reporting, international accounting frameworks, financial statement analysis, value creation, project management, strategic management accounting, business performance mangement, short-term finance practices, re-engiennering of costing systems.

 

 

· “job-oriented” courses focusing on professional knowhows: auditing, strategy consulting, advisory, investors relations, transaction services & due diligence, controlling.

  

 

·   DSCG Track coursescomptabilité des fusions-acquisitions, consolidation avancée, droit des affaires, fiscalité, ERPs, SI de reporting (pour financiers), financements à court terme-trésorerie

 

 

. CMA International Track courses: financial management (CMA Preparation), valuation & transactions, short-term finance, ethics in accounting, social responsible investment, corporate governance & risk management.

 

 

·   The courses are complemented with guest speakers' lectures on recent developments in accounting and finance, and career presentations by companies. 

 

 

Teaching hours are distributed as follows: 

 

·          Financial accounting and auditing                      31%

 

·          Corporate finance                                               27.5%  

 

·          Consulting, management and strategy               29.5 %  

 

·          Information Systems                                          12%

 

.          Law and tax  courses come in addition (11%) to the above for the DSCG Track students                    

·         Other topics (ethics, governance, SRI, and so forth...)  also come in addition to the above.