University of Liege | Version française
Study programmes 2010-2011Last update : 11/04/2011
FINA0054-1  Fund Industry
Duration :  30h Th
Credits/ECTS :  
Master in Law, Professional Focus in Business Law, 2nd yearSecond semester6
Master in Management Sciences, professional Focus (Full english), 2nd yearSecond semester4
Master in management Sciences, professional focus in management, 2nd yearSecond semester4
Master en ingénieur de gestion, à finalité spécialisée en Modélisation et technologie, 2nd yearSecond semester4
Holder(s) :  Danielle Sougné
Language :  English language
Course contents :  Created in collaboration between HEC-ULg and KBL, the KBL Chair proposes this course on fund industry. Its goal is to provide Business and Law students (as well as anyone interested in making a career in the mutual fund industry) with an overview of the mutual fund industry regarding basic principles as well as the different sorts of jobs. This course is practice-oriented and is built around Luxembourg mutual fund industry standards. Luxembourg is by far the European leader (and second in the world behind the United States) in the mutual fund industry with more than 11 000 funds managing around 1 800 billion Euros. Financial services in Luxembourg represent more than 44 000 employees contributing to almost one third of Gross Domestic Product.
The course is articulated around 11 main parts. All these parts are presented by experts in mutual funds from the academic as well professional world (KBL, EFA, Deloitte & Touche, Arendt & Medernach, la bourse de Luxembourg, Elvinger, Hoss & Prussen).
- Part 1: Introduction to mutual fund markets
- Part 2: Plurality of products
- Part 3: The different investment vehicles
- Part 4: Creation of a mutual fund and organization of its social life
- Part 5: Fund administration
- Part 6: Custodian bank and trust company
- Part 7: Organization of mutual fund surveillance
- Part 8: Pension funds
- Part 9: Basic principles of fiscal law for mutual funds in Luxembourg
- Part 10: Admission to quotation (specialization: law)
- Part 11: Principles of fund commercialization (specialization: management)
Course objective :  Overview of mutual fund markets
Organization :  Lectures: presentations by academic and professional experts
Classes take place during the second semester (2h/week).
Workload repartition:
Lectures : 9*2h =18h (common program) + 1*2h (specialization)
Written notes :  Powerpoint presentations (available on the Intranet before each class).
Scientific and professional documents .
Assessment :  Oral Exam
Contacts :  Danielle Sougné
Professor
Dept : HEC-ULg : UER / Gestion financière et consolidation E-mail : Danielle.Sougne@ulg.ac.be


Laurent Cavenaile
Assistant
E-mail : Laurent.Cavenaile@ulg.ac.be


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