Master in
Business Engineering
February 25, 2015
General competences
• English and a second language (at least)
• Adaptability in a professional context
• Intellectual and international openness
• Real-world anchoring
• Communication and team-working skills
• Personal investment
• Creativity, entrepreneurial spirit, managerial responsibility
But also:
• mastery of fundamentals of management ;
• mastery of specific competences and of a field of specialisation
• understanding of the innerworkings of entreprises and of current economic and
managerial challenges
• capacity to implement conceptual knowledge in the field, to analyze complex
situations and to propose relevant solutions
• analytical skills allowing managers to transform concepts into models and
products or decisions
• familiarity with project management methodologies.
Master 1 IG 2015-2016
Compulsory
Courses
Title
ECTS
Corporate Finance
5
Strategic Marketing
5
Change management
5
Business Ethics and Corporate Social
5
Responsibility
Information Technology Management
5
Models and Methods in Applied Statistics
5
Business Analytics
5
Master 1 IG 2015-2016
Choose a course
among:
Projets technologiques innovants
4
Economics of Innovation
4
Language level « 4 » or
Language
« advanced 4 » or « elementary 1 »
German or Spanish or Dutch :
Choose a course
among
3
3
elementary level 1
Entrepreneurship and Innovation
3
International Strategy
3
Master 1 IG 2015-2016
Specialization area
3 courses in the specialization area
(to be continued in M2)
Skills portfolio
To be validated in M2
15
Master 2 IG 2016-2017
Compulsory
Strategy and Sustainability - Seminar
4
Skills portfolio
5
Language level « 5 » or
Language
3
« advanced 5 » or « elementary 2 »
German or Spanish or Dutch :
Choose a course elementary level 2
among
Or a course from the MIG programme
3
Master 2 IG 2016-2017
3 courses in the specialization area
Specialization
Internship (including project management)
area
Master thesis
15
10
20
Master IG - Specializations
Each specialized track consists of
• 6 courses for 30 credits
• An internship in the same field for 10 credits
• A master thesis (company project or
research work) in the same field for 20
credits
Master IG - Specializations
Over 2 years:
• Financial Engineering
• Performance Management and Control
• Supply Chain Management and Business
Analytics
• Intrapreneurship and Management of
Innovation Projects
Academic leader: Prof. G. Hübner
A quantitative-oriented specialization in market and
institutional finance, with a particular focus on financial
modeling
Objectives
Contents
Competences & Jobs
Objectives
•
The delivery of techniques and methods necessary to
actively participate in the creation, use and control of
high value-added financial products and services
•
Mastery of the concepts and techniques and their use in
an innovative framework
•
Focus on modeling skills with an opening toward
postgraduate education in mathematical or actuarial
finance
11
Contents
M1
• Financial Mathematics and
Stochastic Calculus
Compulsory • Financial Derivatives
• Investments and Portfolio
Management
Choose 2
among
M2
Methods in Financial Markets –
Theory and Applications
• Droit et fiscalité des institutions
financières
• Advanced Corporate Finance
and Modeling
• Financial Economics
• Financial Data Modeling and
Analysis
• Financial Risk Modeling
12
Competences & Jobs
You’ll get:
•
Deep understanding of valuation and management methods for simple and
complex financial instruments;
•
Detailed knowledge of financial institutions, markets and assets, with their
functioning and use;
•
Mastery of specific concepts and issues related to asset and risk
management;
•
Identification of price formation and risk occurrence mechanisms, enabling
the mastery of conceptual and technical aspects of market and institutional
finance.
•
Understanding of the technicalities of financial operations through the
elaboration of innovative calculation and optimization techniques;
•
A perspective over tools and techniques regarding quantitative and
methodological aspects developed during the master’s studies – through
personal reflection, individual and group work.
13
Competences & Jobs
Typical job opportunities:
•
In all components of the financial industry: private banking, retail banking,
investment funds, insurance companies, …
•
Positions in asset management (management of mutual funds / pension
funds / hedge funds…) with a portfolio structuring approach;
•
All types of jobs related to modeling and management of risks (use of
derivatives, liquidity, credit) in the financial sector;
•
Jobs in investment banking linked to the preparation and implementation of
complex strategies to originate, value and exchange financial securities,
including in the context of mergers and acquisitions (M&As).
14
Academic leader: Prof. Didier VAN CAILLIE
Major objective : To provide students with the knowledge
and tools needed to permanently optimize
the performance of organizations
Description
Objectives
Contents
Competences
Job opportunities
15
Description
• Professors involved :
•
•
•
•
•
Félix Fank
Georges Hübner
Danielle Sougné
Didier Van Caillie
… and others !
16
Objectives
• Major objective : To provide students with the
knowledge and tools needed in order to
permanently optimize the performance of
organizations
• To train future managers specialized in financial
and global performance management
• Specialized competences in accounting, finance,
audit and law in order to optimize performance
management
17
Contents
M1
M2
• Audit
• Business Modeling, Control
and Planning
Compulsory
• Organizational Risk and
Performance Management
• Consolidation and IFRS
• Multinational Financial
Management
Choose 3
among
• International Performance
Management
• Fiscalité approfondie
18
Competences
• Technical competences
• General and Management Accounting
• Management Control
• Performance Management
• Audit
• Law (Business and fiscal issues)
• Information Systems
+ Corporate Finance (financial resources
management, financing, etc)
19
Competences
• Behavioral competences
•
•
•
•
Global and transversal vision of organizations
Practical experience
Communication (oral and written)
Ability to listen to others, to understand
specific situations and to translate them into
synthetic but meaningful terms !
20
Job opportunities
• Related to financial management
• Financial manager or director
• Financial analyst
• Budget manager
• Related to performance management
• Business controller
• Internal auditor
• Consultant
21
Academic leader : Prof. Yasemin Arda
An ideal preparation, based on a deep understanding of
modelling, IT and management processes, for careers in
industrial companies and service organizations that deploy and
interact with complex supply chains
Objectives
Contents
Competences
Career opportunities
Why Supply Chain Management and
Business Analytics?
Supply chain management and business analytics are NOT:
narrow technical disciplines,
reserved to a handful of production engineers, freight transport
specialists, or computer geeks,
with few professional opportunities.
23
Why Supply Chain Management and
Business Analytics?
Supply chain management is
a core concern for all the enterprises and organizations that deliver
goods and services.
a fundamental component of the enterprise strategy, which procures
competitive advantages.
a set of activities carried out in conjunction with all business functions
and in close relationship with clients and suppliers.
a field that is constantly and rapidly evolving in order to cope with the
opportunities and challenges of globalization, advanced information and
communication technologies, environmental concerns, and increased
efficiency concerns of organizations.
a major competitive asset for the Region.
24
Why Supply Chain Management and
Business Analytics?
The Port of Liège is the largest inland port in Belgium and the 3rd leading one
in Europe.
Liège Airport is the 8th leading cargo airport in Europe.
According to a 2009 study by Cushman & Wakefield, Wallonia is the most
attractive region in Europe for locating logistic activities, and Liège is the
second most attractive province.
25
Why Supply Chain Management and
Business Analytics?
Business analytics allows organizations and managers
to cope with ever increasing amounts of data and information
generated in all kinds of formats and representations (Big Data).
to acquire more knowledge of their customers, of their economic
environment and of their own internal operations.
to take full advantage of available data for making smarter decisions,
for creating value, and for making better use of scarce resources.
to support business insights and to move to fact-based management by
relying on data and on analytical disciplines.
26
Objectives
We concentrate on the management processes put in place by
enterprises and organizations in order to best achieve their most
fundamental mission, which is the production and distribution of
goods and services.
“Excellent supply chain management helps leading companies
around the world achieve better service, lower costs, lower inventory,
and ultimately, competitive advantage.” (McKinsey Quarterly 2008)
27
Objectives
In order to improve their service levels and operational efficiency,
today’s enterprises and organizations are required to
analyze data collected from a variety of sources with the aim
of uncovering valuable information and insights,
and make decisions informed by data analysis and supported
by optimization techniques.
Our objectives:
Provide future managers with analytical skills needed for
efficient and informed decision making
Prepare graduates for careers in industrial companies and
service organizations that face complex decision problems in
their supply chain and logistics management processes – that is,
most existing companies !!
28
Contents
M1
M2
• Logistics and Transportation
Compulsory
• Operations Planning
Quality, Ethics and Sustainability in
Supply Chain Management
• Computational Optimization
• Distribution Management
Choose 2
among
• ERP Solutions for Supply
Chains
• Web and Text Analytics
• eBusiness and eCommerce
29
Competences
•
Transversal and analytical competences, specific for Business engineers
•
Deep understanding of the data analysis, modelling, and optimization techniques
•
Main issues in transportation and distribution management, as well as the tools
available to help decision-makers
•
Mastery of advanced production planning and inventory management models and
methods
•
Familiarity with quality management processes and performance tools used to
assess and to improve the efficiency of supply chains
•
Understanding of the main challenges linked to sustainability and environmental
and ethical concerns faced by today’s supply chains
•
Hands-on experience with advanced ERP management information systems
implemented by leading companies worldwide
•
Understanding of e-business models and familiarity with text analytics
30
Career opportunities
Typical careers and sectors:
•
supply chain manager in manufacturing companies: contract and supplier
manager, production and inventory manager, distribution manager, transport
manager, warehouse manager, quality manager, sales manager, etc.; in
industries like iron and steel, mechanical, automobile, electronics, aeronautic,
computer and communications, cosmetics, food and agri-business,
pharmaceutical companies, chemical and petrochemical;
•
operations and logistics manager in service industries, in the public sector, in
non-profit organizations: personnel planner, inventory manager, operations
manager, revenue manager, purchasing and quality manager, etc.; in
hospitals, humanitarian organizations, hotels chains, tour operators, airline
companies, financial institutions and insurance companies, retailing
companies, e-businesses;
•
operations manager for logistical service providers, such as 3PL and 4PL
(third- and fourth-party logistics) operators, trucking companies, package
carriers, port authorities, rail operators, airports and airline companies;
31
Career opportunities
Typical careers and sectors:
•
ERP specialist, business analyst, data analyst in manufacturing companies
and service organisations;
•
consultant, researcher or business developer for providers of specialized
information systems, such as ERP (Enterprise Resource Planning) systems,
warehouse management systems, transport management and vehicle routing
systems;
•
researcher or analyst for private consulting companies, for regional, federal
or international administrations and organizations, for university research
centers.
ArcelorMittal, Duferco, CMI, Magotteaux, L'Oréal, InBev, Nestlé, GSK, Ely
.Lilly, Shell, Hewlett-Packard, Médecins Sans Frontières, United Nations
World Food Programme, Thalys, Club Med, TNT, La Poste, PFSWeb,
SNCB, Air France, SAP, Oracle, IBM, McKinsey, CapGemini, European
Commission Directorate-General for Mobility and Transport, Service
Public Fédéral Mobilité et Transports, and thousands of other
organizations worldwide.
32
Academic Leader : Prof. Olivier Lisein
Program Manager : Mrs Sophie Leruth
Description
Objectives
Contents
Career Outcomes
33
Description
•
An action-training program focused on the management
of complex and multidimensional innovation and change
projects (finance, IS, HR, marketing, supply chain, etc.)
•
Program based on an inductive approach using problembased learning
•
M2 = full-year training program alternating between
company and university
M1 = preparation to this full-year “in-company”
program
34
Objectives
•
Detailed analysis and management of a particular
topic submitted to innovation and change (content)
( competences in finance, marketing, operations,
etc.)
•
Use of diagnosis tools of the context in which the
innovation and change project takes place (strategic
audit, organizational audit, IS audit, financial audit, etc.)
35
Objectives
•
Exploration and use of management tools related to
the innovation and change process (project
management, change management, communication, etc.)
•
Development of “soft skills” : initiative, teamwork,
reflexivity, personal development, entrepreneurship,
etc.)
•
Articulation of academic and professional
requirements
36
Contents
M1
M2
• Innovation Project Definition and
Development (partim II)
• Innovation Project Definition and
Development (partim I)
Compulsory
• Topics in Advanced
Management
• Strategic organizational and IS
audits
• Project and Change
Management
• Consultant Roles and
Stakeholder Relationships
Management
• Creativity and Design
Choose 1
among
• Strategy and Business Model
Generation
• Organizational Performance
37
Contents
• Program based on an in-depth coaching of the
students (problem-based learning approach)
HEC-ULg
Faculty
“in-company”
Staff
- “Content” Experts
- Project Manager
- “Context” Experts
- Coach
- “Process” Experts
- Steering Committee
38
Career outcomes
• This training program should allow graduates to:
- monitor strategic projects
- manage innovation and change dynamics within
all kinds of organizations
• It paves the way for high level managerial
positions, as well as international auditing and
consultancy careers
39
Stay abroad…
• Erasmus stay: integral part of your study
program
• First semester
• Specialization courses in Liège: second semester.
• Other opportunities : Double Degrees
40
Double Degrees
*Supply Chain Management and Business Analytics
- Universität Hohenheim, Stuttgart (German/English)
- Universiteit Gent (Dutch/English)
*Financial Engineering
- Universiteit Gent (Dutch/English)
*Performance Management and Control
- Universität Hohenheim, Stuttgart (German/English)
Alumni in the World
Nos Alumni à travers le Monde
Didier DEPREAY, Directeur général - Administrateur délégué,
POINT CHAUD Belgique
Alumni promo 1984
Yves NOEL, Président du groupe NMC, NMC Belgique
Alumni promo 1975
Catherine WILLEMART, Senior Brand Manager, GODIVA
CHOCOLATIER Belgique
Alumni promo 1997
Eric HERMANN, CRO - Membre du Comité de Direction,
BELFIUS Belgique
Alumni promo 1983
Bernard THIRY, Directeur général et Président du Comité de
Direction, ETHIAS Belgique
Alumni promo 1979
Nos Alumni à travers le Monde
Paul MOUTON, CFO, BESIX Belgique
Alumni promo 1981
Frédéric ANCION, Senior Credit Officer, COMMERZBANK AG
SHANGHAI BRANCH Chine
Alumni promo 1996
Eléonore DETHIER, Marketing Manager, SOTHEBY'S Hong Kong
Alumni promo 2009
Robert BRZUSCZAK, Executive Vice President, BONGRAIN France
Alumni promo 1977
Christophe NAVARRE, Président Directeur général, MOET
HENNESSY - LVMH France
Alumni promo 1980
Pascal PREUDHOMME, V.P. Finance, DANONE RESEARCH Argentine
Alumni promo 1992
Nos Alumni à travers le Monde
Yves FRANCIS, Managing Partner, DELOITTE Luxembourg
Alumni promo 1989
Didier MOUGET, Managing Partner, PWC Luxembourg
Alumni promo 1982
Bernard DELVAUX, CEO SONACA, Belgique
Alumni promo 1998
Sandrine VANDELOISE, VP & Senior Financial Adviser, GDF SUEZ
Dubai United Arab Emirates
Alumni promo 1988
Marco HOUSCHEID, Vice Président - Investment Banking, JP
MORGAN Londres UK
Alumni promo 2002
More information
about specialization areas
*Wednesday 25 February, 16h30
• Performance Management and Control (115)
• Supply Chain Management and Business
Analytics ET Intrapreneurship and
Management of Innovation Projects (050)
• Financial Engineering (223)
Question time…
47