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HEC Management School - University of Liege
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Master in Business engineering
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Or
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Th
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Pr
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Au
 | Credits
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 Programme structure
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Two-Year Master Program (120 ECTS)
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Professional focus in Supply Chain Management
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Professional focus in Financial Engineering
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Professional focus in Performance Management and Control
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Professional focus in Intrapreneurship
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 Two-Year Master Program (120 ECTS)
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Programme organisation
Students will choose their specialist area in the second year of the master¿s degree. Students must send in an application file for the specialisation in intrapreneurship, organised in the second year of the master¿s degree. Students interested in the subject must send in their application before the end of the academic year, prior to the start of the second year of the master¿s degree. The exact procedure is sent to students during the first year of the master¿s degree.
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 First Year
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 Compulsory courses
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| 
DROI2352-1
 | 
Tax law - Isabelle Richelle
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
STAT0800-1
 | 
Models and Methods in Applied Statistics (english language) - Cédric Heuchenne
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
GEST3045-1
 | 
Project management (english language) - Etienne Daloze
 |
 | 30
 | -
 | -
 | 5
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| 
MARK0781-2
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Strategic Marketing (english language) - Zelal Ates, Cécile Delcourt, Jean Tondeur
 | Q1
 | 30
 | -
 | -
 | 5
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| 
FINA0050-1
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Valuation and Capital Budgeting (english language) - Marie Lambert, Alain Schockert
 | Q1
 | 30
 | -
 | -
 | 5
 |
| 
GRHO0017-2
 | 
Change Management (english language) - Olivier Lisein
 | Q1
 | 30
 | -
 | -
 | 5
 |
 Optional courses
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|  Choose two courses out of the following :
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| 
MQGE0002-3
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Advanced Operations Research (english language) - Yves Crama
 | Q2
 | 30
 | -
 | -
 | 5
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| 
GEST3046-1
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Business Process Management (english language) - Alain Dubois
 | Q1
 | 30
 | -
 | -
 | 5
 |
| 
GEST3047-1
 | 
Environmental management (eco-management) - Joseph Smitz
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 | 30
 | -
 | -
 | 5
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| 
TECH0003-4
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Seminar on the Integration of Technologies - Pierre Deneye
 | Q1
 | 30
 | -
 | -
 | 5
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| 
TECH0004-4
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Industrial techniques in theory and practice - Pierre Deneye
 | Q2
 | 30
 | -
 | -
 | 5
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| 
INFO2048-1
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Business Analytics (english language) - Michael Schyns
 | Q2
 | 30
 | -
 | -
 | 5
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|  Choose one language course out of the following :
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| 
Notice access to basic-level language courses is subject to a number of requirements - see the HEC regulations
 | |
| 
LANG1925-1
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German 4 - Marie Mawhin
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1926-1
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Advanced German 4 - Sylvia Deroose
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1927-1
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Spanish 4 - Alexis Alvarez Barbosa, Véronique Peiffer
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1928-1
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Advanced Spanish 4 - Nicole Grutman
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1929-1
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Italian 4 - Christine Hanon
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1930-1
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Advanced Italian 4 - Christine Hanon
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1931-1
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Dutch 4 - Nicole Engelen, Lutgarde Nachtergaele, Baudoin Yans
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1932-1
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Advanced Dutch 4 - Lutgarde Nachtergaele
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1933-1
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Elementary German 1 - Sylvia Deroose, Marie Mawhin
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1934-1
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Elementary Spanish 1 - Alexis Alvarez Barbosa, Véronique Peiffer
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1936-1
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Elementary Dutch 1 - Nicole Engelen
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 | 30
 | -
 | -
 | 5
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| 
LANG1954-1
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French beginner level 1 - ISLV
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 | 30
 | -
 | -
 | 5
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| 
Notice this course is only open to non-French speaking students.
 | |
|  Choose one option from the following :
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| 
Notice each option given below is a prerequisite to access to the concerned focus, offered in 2nd year of Master.
 | |
|  Option "Supply Chain Management"
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| 
LOGI0012-1
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Logistics and transportation (english language) - Sabine Limbourg
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LOGI0013-1
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Operations planning (english language) - Yasemin Arda
 | Q2
 | 30
 | -
 | -
 | 5
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|  Choose one of the following courses :
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| 
GEST3032-1
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eBusiness and eCommerce (english language) - Ashwin Ittoo
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LOGI0014-1
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Sustainable supply chains (english language) - Maud Bay
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 | 30
 | -
 | -
 | 5
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|  Option "Financial Engineering"
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| 
FINA0060-1
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Empirical Methods in Financial Markets (english language) - Cédric Heuchenne
 | Q2
 | 30
 | -
 | -
 | 5
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| 
FINA0052-1
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Financial Derivatives (english language) - Aline Muller
 | Q2
 | 30
 | -
 | -
 | 5
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| 
FINA0053-1
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Investments and Portfolio Management (english language) - Georges Hübner
 | Q2
 | 30
 | -
 | -
 | 5
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|  Option "Performance Management and Control"
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| 
FINA0011-2
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Audit (english language) - Félix Fank
 | Q2
 | 30
 | -
 | -
 | 5
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| 
FINA0061-1
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Business Modeling and Control (english language) - Didier Van Caillie
 | Q2
 | 30
 | -
 | -
 | 5
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| 
FINA0008-2
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Organizational Risk and Performance Management (english language) - Didier Van Caillie
 | Q2
 | 30
 | -
 | -
 | 5
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 Second year
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 Compulsory courses
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| 
GEST1076-1
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Sustainable strategy in a multi-polar world (english language) - Nathalie Crutzen, Marc Deschamps
 | Q2
 | 30
 | -
 | -
 | 5
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| 
GTFE0014-1
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Final work - Collégialité
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 | -
 | -
 | -
 | 20
 |
 Optional courses
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|  Follow-up to the language choice made in the 1st year of Master :
 |
| 
LANG1938-1
 | 
German 5 - Marie Mawhin
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
LANG1939-1
 | 
Advanced German 5 - Sylvia Deroose
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
LANG1940-1
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Spanish 5 - Nicole Grutman
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1941-1
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Advanced Spanish 5 - Véronique Peiffer
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1942-1
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Italian 5 - Christine Hanon
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1943-1
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Advanced Italian 5 - Christine Hanon
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1944-1
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Dutch 5 - Doris De Laet
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1950-1
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Advanced Dutch 5 - Doris De Laet
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1945-1
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Elementary German 2 - Sylvia Deroose
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1946-1
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Elementary Spanish 2 - Nicole Grutman
 | Q2
 | 30
 | -
 | -
 | 5
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| 
LANG1948-1
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Elementary Dutch 2 - Claire de Lamotte
 |
 | 30
 | -
 | -
 | 5
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| 
LANG1955-1
 | 
French beginner level 2 - N...
 |
 | 30
 | -
 | -
 | 5
 |
| 
Notice this course is only open to non-French speaking students.
 | |
 Choose one focus from the following :
 |
|  Professional focus in Supply Chain Management
 |
| 
Notice focus open to students who have taken the "Supply Chain Management" option during the 1st year of Master.
 | |
|  Compulsory courses
 |
| 
LOGI0015-1
 | 
ERP solutions for supply chains (english language) - Yasemin Arda, Michael Schyns
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
LOGI0016-1
 | 
Quality and performance in operations management (english language) - Yves Crama
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
GEST3061-1
 | 
Skills portfolio - Louis Esch, David Homburg
 | TA
 | -
 | -
 | -
 | 5
 |
| 
GSTG0016-1
 | 
Placement - Collégialité
 |
 | -
 | -
 | -
 | 10
 |
|  Optional courses
 |
|  Choose one of the following courses :
 |
| 
LOGI0017-1
 | 
Distribution management (english language) - Sabine Limbourg
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
ECON2262-1
 | 
Industrial organization (english language) - Axel Gautier
 | Q2
 | 30
 | -
 | -
 | 5
 |
|  Professional focus in Financial Engineering
 |
| 
Notice focus open to students who have taken the "Financial Engineering" option during the 1st year of Master.
 | |
|  Compulsory courses
 |
| 
MQGE0007-1
 | 
Financial Mathematics and Stochastic Calculus (english language) - Louis Esch
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
GEST3061-1
 | 
Skills portfolio - Louis Esch, David Homburg
 | TA
 | -
 | -
 | -
 | 5
 |
| 
GSTG0016-2
 | 
Placement - Collégialité
 |
 | -
 | -
 | -
 | 10
 |
|  Optional courses
 |
|  Choose two courses out of the following :
 |
| 
DROI8026-1
 | 
Law and Taxation of Financial Institutions - Denis-Emmanuel Philippe
 |
 | 24
 | -
 | -
 | 5
 |
| 
FINA0062-1
 | 
Financial Economics (english language) - Georges Hübner
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
FINA0063-1
 | 
Financial Modeling and IT (english language) - Laurent Bodson
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
FINA0064-1
 | 
Financial Risk Modeling (english language) - Aline Muller
 | Q2
 | 30
 | -
 | -
 | 5
 |
|  Professional focus in Performance Management and Control
 |
| 
Notice focus open to students who have taken the "Performance Management Systems" option during the 1st year of Master.
 | |
|  Compulsory courses
 |
| 
FINA0057-1
 | 
Advanced taxation - Michel de Wolf - Suppl : Isabelle Richelle
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
GEST3061-1
 | 
Skills portfolio - Louis Esch, David Homburg
 | TA
 | -
 | -
 | -
 | 5
 |
| 
GSTG0016-3
 | 
Placement - Collégialité
 |
 | -
 | -
 | -
 | 10
 |
|  Optional courses
 |
|  Choose two courses out of the following :
 |
| 
FINA0065-1
 | 
Advanced Corporate Finance and Modeling (english language) - Marie Lambert
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
FINA0033-2
 | 
Entreprise Risk Management and Control (english language) - Didier Van Caillie
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
FINA0030-1
 | 
Consolidation and IFRS (english language) - Patrice Schumesch
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
FINA0059-1
 | 
Multinational Financial Management (english language) - Marie Lambert
 | Q2
 | 30
 | -
 | -
 | 5
 |
| 
ECON2275-1
 | 
Economics of Innovation (english language) - Lionel Artige
 | Q2
 | 30
 | -
 | -
 | 5
 |
|  Professional focus in Intrapreneurship
 |
| 
Notice focus only available on file
 | |
|  Compulsory courses
 |
| 
GEST3049-1
 | 
Strategic, organizational audit and information systems - Olivier Lisein
 | TA
 | 18
 | 50
 | -
 | 5
 |
| 
GEST3050-1
 | 
Creativity and design - Bernard Surlemont
 |
 | 18
 | 50
 | -
 | 5
 |
| 
GEST3051-1
 | 
Project and personal development - Olivier Lisein, François Pichault
 | TA
 | -
 | -
 | -
 | 10
 |
| 
GEST3052-1
 | 
Project management and human aspects of change - Olivier Lisein, François Pichault
 | TA
 | 18
 | 50
 | -
 | 5
 |
| 
GEST3061-1
 | 
Skills portfolio - Louis Esch, David Homburg
 | TA
 | -
 | -
 | -
 | 5
 |