Master in management (120 ECTS)

Compulsory courses

B1

25Cr

B2

29Cr
Code	Détails	Bloc	Organisation	Théorie	Pratique	Autres	Crédits
GEST3752-1	Change Management (english language) Olivier Lisein	B1	Q1	30	-	-	5
FINA0050-1	Corporate Finance - Lectures and Seminars (english language) Marie Lambert	B1	Q1	30	-	-	5
INFO2039-2	Management Information Systems (english language) Ashwin Ittoo, Nicolas Neysen	B1	Q1	30	-	-	5
MQGE0005-5	Quantitative Methods in Management (english language)	B1	Q1				5
	Part : Operations Research Yasemin Arda			15	-	-
	Part : Statistics Cédric Heuchenne			15	-	-
MARK0781-2	Strategic Marketing Seminar (english language) Anne-Christine Cadiat, Cécile Delcourt, Laurence Dessart, Michael Ghilissen	B1	Q1	30	-	-	5
GPRO0002-1	Skills workshops Louis Esch, David Homburg	B2	TA	-	-	-	5
GEST1076-1	Strategy and Sustainability - Seminar (english language) Nathalie Crutzen, Marc Deschamps	B2	Q1	30	-	-	4
GTFE0013-1	Final work Collégialité	B2	TA	-	-	-	20

Optional courses

B1: 35Cr
B2: 31Cr

Depending on his professional focus, the student will choose courses totalling 10 credits among :

B2: 10Cr

Code

Détails

Bloc

Organisation

Théorie

Pratique

Autres

Crédits

GSTG0014-2

Internship

Collégialité

Notice : placement aimed at students with a professional focus in Banking and Asset Management, Financial Analysis and Audit, Marketing, Social Enterprise Management.

GEST3759-1

Strategic, Organizational and Information System Audits (english language) - [200h Autres]

Olivier Lisein

Corequisite

GEST3767-1: Consultant Roles and Responsibilities
GEST3766-1: Project and Change Management
GEST3764-1: Innovation Project Definition and Development (partim II)
GEST3050-1: Creativity and Design

[+]

Notice : students enrolled in the focus in Intrapreneurship and Management of Innovation Projects are asked to take the course "Strategic, Organizational and Information System Audits" for 10 ECTS as a replacement for the internship.

[...]

Courses from the Master in management and/or Master in education

Notice : students enrolled in the teaching focus are invited to replace the placement with a choice of courses from among all the courses in the Master in Management programme and/or a course from the Faculty of Psychology, Speech and Language Therapy, and Education's programme, with the agreement of the person in charge of the teaching focus.

Choose two courses out of the following :

B1

3Cr

B2

3Cr
Code	Détails	Bloc	Organisation	Théorie	Pratique	Autres	Crédits
DROI1310-1	Private International Law (english language) Cedric Vanleenhove	B1	Q2	20	-	-	3
DROI0929-2	International and Belgian Taxation (english language) Eric von Frenckell	B1	Q1	30	-	-	3
Notice : The course DROI0929-2 is not accessible to students who passed a course of tax law
LANG1945-1	Elementary German 2 Marie Mawhin Prerequisite LANG1933-1 Allemand élémentaire 1	B2	Q1	30	-	-	3
LANG1946-1	Elementary Spanish 2 Alexis Alvarez Barbosa, Véronique Peiffer Prerequisite LANG1934-1 Espagnol élémentaire 1	B2	Q1	30	-	-	3
LANG1948-1	Elementary Dutch 2 Stéphane Ghijsen, Fanny Novakovic Prerequisite LANG1936-1 Néerlandais élémentaire 1	B2	Q1	30	-	-	3
[...]	Optional courses from the courses of the Master in management						-
GEST3050-1	Creativity and Design Bernard Surlemont Corequisite GEST3767-1 Consultant Roles and Responsibilities GEST3766-1 Project and Change Management GEST3764-1 Innovation Project Definition and Development (partim II) GEST3759-1 Strategic, Organizational and Information System Audits	B2	Q2	18	50	-	3
Notice : this course is compulsory and only open to students of the professional focus in Intrapreneurship and Management of Innovation Projects

Choose one of the following courses :

B1

2Cr
Code	Détails	Bloc	Organisation	Théorie	Pratique	Autres	Crédits
GEST3030-1	Development of managerial skills Jean-Marie Dujardin, Jocelyne Robert	B1	TA	12	-	-	2
GEST3130-1	Managerial Skills Development (english language) Jean-Marie Dujardin	B1	Q2	12	-	-	2
Notice : The course GEST3130-1 is only open to non-French speaking foreign students

Select 4 courses, including at most 1 course of basic-level 1 language from the following:

B1: 12Cr

Code

Détails

Bloc

Organisation

Théorie

Pratique

Autres

Crédits

GEST3761-1

Business Ethics (english language)

Virginie Xhauflair

GEST3762-1

Digital Business (english language)

André Blavier

GEST3754-1

Entrepreneurship and Innovation (english language)

Frédéric Ooms, Bernard Surlemont

GEST3029-1

International Strategy (english language)

Nathalie Crutzen, Anthony Santino

[...]

students can only have one elementary level 1 language class in their master's programme

LANG1933-1	Elementary German 1 Marie Mawhin	B1	Q2	30	-	-	3
LANG1934-1	Elementary Spanish 1 Alexis Alvarez Barbosa	B1	TA	30	-	-	3
LANG1936-1	Elementary Dutch 1 Stéphane Ghijsen, Catherine Peeters	B1	TA	30	-	-	3
LANG6009-1	Elementary Chinese 1 Pengcheng Hu	B1	Q2	30	-	-	3
LANG6010-1	Elementary Italian 1 Christine Hanon	B1	Q2	30	-	-	3

Choose two courses out of the following :

B1: 3Cr
B2: 3Cr

Code

Détails

Bloc

Organisation

Théorie

Pratique

Autres

Crédits

Notice : access to basic-level language courses is subject to a number of requirements - see the HEC regulations

[...]

One level 4 course or basic level 1

LANG1925-1	German 4 Marie Mawhin	B1	Q2	30	-	-	3
LANG1926-1	Advanced German 4 Laurent Gianotti	B1	Q2	30	-	-	3
LANG1927-1	Spanish 4 Valérie Coyette, Véronique Peiffer	B1	Q2	30	-	-	3
LANG1928-1	Advanced Spanish 4 (spanish language) Nicole Grutman	B1	Q2	30	-	-	3
LANG1929-1	Italian 4 Christine Hanon	B1	Q2	30	-	-	3
LANG1930-1	Advanced Italian 4 Christine Hanon	B1	Q2	30	-	-	3
LANG1931-1	Dutch 4 Nicole Engelen	B1	Q2	30	-	-	3
LANG1932-1	Advanced Dutch 4 Lutgarde Nachtergaele	B1	Q2	30	-	-	3
LANG1933-1	Elementary German 1 Marie Mawhin	B1	Q2	30	-	-	3
LANG1934-1	Elementary Spanish 1 Alexis Alvarez Barbosa	B1	TA	30	-	-	3
LANG1936-1	Elementary Dutch 1 Stéphane Ghijsen, Catherine Peeters	B1	TA	30	-	-	3
LANG1954-1	French beginner level 1 ISLV, Marielle Maréchal	B1	Q2	30	-	-	3
LANG6009-1	Elementary Chinese 1 Pengcheng Hu	B1	Q2	30	-	-	3
LANG6010-1	Elementary Italian 1 Christine Hanon	B1	Q2	30	-	-	3

Notice : The course LANG1954-1 is only open to non-French speaking foreign students

[...]

One level 5 course or basic level 2

LANG1938-1	German 5 Marie Mawhin Prerequisite LANG1925-1 Allemand 4	B2	Q1	30	-	-	3
LANG1939-1	Advanced German 5 Laurent Gianotti Prerequisite LANG1926-1 Allemand avancé 4	B2	Q1	30	-	-	3
LANG1940-1	Spanish 5 (spanish language) Valérie Coyette Prerequisite LANG1927-1 Espagnol 4	B2	Q1	30	-	-	3
LANG1941-1	Advanced Spanish 5 Véronique Peiffer Prerequisite LANG1928-1 Espagnol avancé 4	B2	Q1	30	-	-	3
LANG1942-1	Italian 5 Christine Hanon Prerequisite LANG1929-1 Italien 4	B2	Q1	30	-	-	3
LANG1943-1	Advanced Italian 5 Christine Hanon Prerequisite LANG1930-1 Italien avancé 4	B2	Q1	30	-	-	3
LANG1944-1	Dutch 5 (dutch language) Nicole Engelen Prerequisite LANG1931-1 Néerlandais 4	B2	Q1	30	-	-	3
LANG1950-1	Advanced Dutch 5 Lutgarde Nachtergaele Prerequisite LANG1932-1 Néerlandais avancé 4	B2	Q1	30	-	-	3
LANG1945-1	Elementary German 2 Marie Mawhin Prerequisite LANG1933-1 Allemand élémentaire 1	B2	Q1	30	-	-	3
LANG1946-1	Elementary Spanish 2 Alexis Alvarez Barbosa, Véronique Peiffer Prerequisite LANG1934-1 Espagnol élémentaire 1	B2	Q1	30	-	-	3
LANG1948-1	Elementary Dutch 2 Stéphane Ghijsen, Fanny Novakovic Prerequisite LANG1936-1 Néerlandais élémentaire 1	B2	Q1	30	-	-	3
LANG1955-1	French beginner level 2 ISLV, Marielle Maréchal Prerequisite LANG1954-1 French beginner level 1	B2	Q1	30	-	-	3

Choose one focus from the following :

B1: 15Cr
B2: 15Cr

Professional focus in Banking and Asset Management

B1: 15Cr
B2: 15Cr

Code

Détails

Bloc

Organisation

Théorie

Pratique

Autres

Crédits

FINA0051-1

Banking and Insurance (english language)

Fabien Boniver, Georges Hübner

FINA0052-1

Financial Derivatives (english language)

Julien Hambuckers

FINA0053-1

Investments and Portfolio Management (english language)

Georges Hübner

FINA0054-1

Fund Industry (english language)

Marie Lambert

Prerequisite

FINA0053-1: Investments and Portfolio Management

Choose two courses out of the following :

B2

10Cr
Code	Détails	Bloc	Organisation	Théorie	Pratique	Autres	Crédits
FINA0085-1	Ethics, Regulation and Compliance in Finance (english language) Yves Francis Prerequisite FINA0051-1 Banking and Insurance	B2	Q1	30	-	-	5
DROI8026-1	Law and Taxation of Financial Institutions Denis-Emmanuel Philippe Prerequisite DROI0929-2 International and Belgian Taxation FINA0051-1 Banking and Insurance	B2	Q1	24	-	-	5
FINA0023-4	Financial Risk Management (english language) Georges Hübner Prerequisite FINA0053-1 Investments and Portfolio Management FINA0052-1 Financial Derivatives FINA0051-1 Banking and Insurance	B2	Q1	30	-	-	5
FINA0028-5	International Finance (english language) Julien Hambuckers Prerequisite FINA0050-1 Corporate Finance - Lectures and Seminars	B2	Q1	30	-	-	5
FINA0065-1	Advanced Corporate Finance and Modeling (english language) Marie Lambert Prerequisite FINA0053-1 Investments and Portfolio Management FINA0052-1 Financial Derivatives FINA0050-1 Corporate Finance - Lectures and Seminars	B2	Q1	30	-	-	5
FINA0084-1	Estate and Financial planning (english language) Georges Hübner Prerequisite FINA0053-1 Investments and Portfolio Management	B2	Q1	30	-	-	5

Professional focus in Financial Analysis and audit

B1: 15Cr
B2: 15Cr

Code

Détails

Bloc

Organisation

Théorie

Pratique

Autres

Crédits

FINA0011-2

Audit (english language)

Yves Francis

FINA0030-1

Consolidation and IFRS (english language)

Patrice Schumesch

FINA0044-5

Strategic Performance Management (english language)

Gabriele Catania

FINA0057-1

Advanced taxation

Isabelle Richelle

Choose two courses out of the following :

B2

10Cr
Code	Détails	Bloc	Organisation	Théorie	Pratique	Autres	Crédits
FINA0058-1	Advanced accountancy and taxation Wilfried Niessen, Danielle Sougné Prerequisite FINA0030-1 Consolidation and IFRS Corequisite FINA0057-1 Fiscalité approfondie	B2	Q1	30	-	-	5
FINA0086-1	Depth diagnostics of business: Legal and financial aspects Danielle Sougné Prerequisite FINA0044-5 Strategic Performance Management FINA0050-1 Corporate Finance - Lectures and Seminars	B2	Q1	30	-	-	5
DROI1237-1	Advanced commercial and corporate law Roman Aydogdu, Benoît Kohl Corequisite FINA0057-1 Fiscalité approfondie	B2	Q1	30	-	-	5
DROI1238-1	Business criminal law Adrien Masset	B2	Q1	30	-	-	5
FINA0079-1	Fund Administration & Audit (english language) Marie Lambert Prerequisite FINA0011-2 Audit	B2	Q1	30	-	-	5
GEST3782-1	Introduction to family business entrepreneurship Nathalie Crutzen, Laurent Weerts	B2	Q1	30	-	-	5
FINA0059-1	Multinational Financial Management (english language) Julien Hambuckers Prerequisite FINA0044-5 Strategic Performance Management FINA0050-1 Corporate Finance - Lectures and Seminars	B2	Q1	30	-	-	5

Professional focus in Marketing

B1: 15Cr
B2: 15Cr

Code

Détails

Bloc

Organisation

Théorie

Pratique

Autres

Crédits

MARK0785-1

Branding and Reputation Management (english language)

Laurence Dessart, Claire Gruslin

MARK0793-1

Marketing Research (english language)

Cécile Delcourt

INFO2054-1

Marketing Analytics (english language)

Stéphanie Aerts

Choose 1 optional subject from the following:

B2: 15Cr

Code

Détails

Bloc

Organisation

Théorie

Pratique

Autres

Crédits

Option "Marketing and Strategic Intelligence"

B2: 15Cr

Code

Détails

Bloc

Organisation

Théorie

Pratique

Autres

Crédits

MARK0794-1

Consumer Behavior (english language)

Cécile Delcourt - Suppl : Steven Hoornaert

Prerequisite

MARK0793-1: Marketing Research

MARK0795-1

Strategic Intelligence (english language)

Claire Gruslin

Choose one of the following courses :

B2

5Cr
Code	Détails	Bloc	Organisation	Théorie	Pratique	Autres	Crédits
GEST3143-1	Geopolitics and cyberpolitics Michel Hermans	B2	Q1	30	-	-	5
MARK0796-1	International Marketing (english language) Claire Gruslin	B2	Q1	30	-	-	5
MARK0786-1	Services Marketing and Management (english language) Cécile Delcourt - Suppl : Simon Hazee	B2	Q1	30	-	-	5

"Digital Marketing and Sales Management" option

B2: 15Cr

Code

Détails

Bloc

Organisation

Théorie

Pratique

Autres

Crédits

Note: track only accessible upon application (see
conditions:
http://www.hec.ulg.ac.be/sites/default/files/uploads/MASTERS/MSG/Selection%20processus%20and%20requirements%20VF_1.pdf
(http://www.hec.ulg.ac.be/sites/default/files/uploads/MASTERS/MSG/Selection%20processus%20and%20requirements%20VF_1.pdf)

DMSM0001-1

Digital Consultancy Projects (english language)

Michael Ghilissen

MARK0797-1

Digital Marketing (english language)

Laurence Dessart

Choose one of the following courses :

B2

5Cr
Code	Détails	Bloc	Organisation	Théorie	Pratique	Autres	Crédits
GEST3032-1	eBusiness and eCommerce (english language) Ashwin Ittoo Prerequisite INFO2039-2 Management Information Systems	B2	Q1	30	-	-	5
INFO2049-1	Web and Text Analytics (english language) Ashwin Ittoo Prerequisite INFO2054-1 Marketing Analytics	B2	Q1	30	-	-	5

Professional focus in Social Enterprise Management

B1: 15Cr
B2: 15Cr

Code

Détails

Bloc

Organisation

Théorie

Pratique

Autres

Crédits

GEST3041-1

Impact Investing (english language)

Virginie Xhauflair

GEST3763-1

Financial analysis of sustainable business models

Sybille Mertens de Wilmars

GEST3036-1

Social innovation and sustainable entrepreneurship (english language)

Julie Rijpens

GEST3035-1

Social economy: theories and practices

Jacques Defourny

GEST3765-1

Strategy and leadership in social enterprises

Michel Boving, Sybille Mertens de Wilmars

Choose one of the following courses :

B2

5Cr
Code	Détails	Bloc	Organisation	Théorie	Pratique	Autres	Crédits
GEST3042-1	Participatory governance Sybille Mertens de Wilmars, Charlotte Moreau	B2	Q1	30	-	-	5
GEST3148-1	Philanthropy: practices and issues Virginie Xhauflair	B2	Q1	30	-	-	5
[...]	One course chosen from the range of Masters in the other faculties (with the agreement of the president of the jury)						5

Professional focus in Intrapreneurship and Management of Innovation Projects

B1: 15Cr
B2: 15Cr

Code

Détails

Bloc

Organisation

Théorie

Pratique

Autres

Crédits

GEST3755-1

Innovation Project Definition and Development (partim I) (english language) - [100h Autres]

Olivier Lisein

[+]

GEST3756-1

Topics in Advanced Management (english language) - [100h Autres]

Olivier Lisein

[+]

GEST3767-1

Consultant Roles and Responsibilities (english language) - [80h Autres]

Corequisite

GEST3766-1: Project and Change Management
GEST3764-1: Innovation Project Definition and Development (partim II)
GEST3050-1: Creativity and Design
GEST3759-1: Strategic, Organizational and Information System Audits

[+]

GEST3764-1

Innovation Project Definition and Development (partim II) (english language) - [100h Autres]

Olivier Lisein

Prerequisite

GEST3755-1: Innovation Project Definition and Development (partim I)

Corequisite

GEST3767-1: Consultant Roles and Responsibilities
GEST3766-1: Project and Change Management
GEST3050-1: Creativity and Design
GEST3759-1: Strategic, Organizational and Information System Audits

[+]

GEST3766-1

Project and Change Management (english language) - [100h Autres]

Olivier Lisein

Corequisite

GEST3767-1: Consultant Roles and Responsibilities
GEST3764-1: Innovation Project Definition and Development (partim II)
GEST3050-1: Creativity and Design
GEST3759-1: Strategic, Organizational and Information System Audits

[+]

Choose one of the following courses :

B1

5Cr
Code	Détails	Bloc	Organisation	Théorie	Pratique	Autres	Crédits
GEST3757-1	Strategy and Business Model Generation (english language) - [100h Autres] Didier Van Caillie	B1	Q2	18	-	[+]	5
GEST3758-1	Organizational Performance Assessment (english language) - [100h Autres] Didier Van Caillie	B1	Q2	18	-	[+]	5

Teaching focus

B1

15Cr

B2

15Cr
Code	Détails	Bloc	Organisation	Théorie	Pratique	Autres	Crédits
AESS0246-1	Analysis of scolastic institutions and key-players, educational policies Dominique Lafontaine - Suppl : Marie-Thérèse Delhoune	B1	Q1	15	-	-	1
AESS0202-1	General didactics: course and exercises ; observation placements ; reflexive practices - [10h internship] Annick Fagnant	B1	TA	30	10	[+]	4
AESS0313-1	Special teaching - course and exercises, part 1 Jean-Marie Dujardin	B1	Q2	35	-	-	3
AESS0004-1	Media education Jérémy Hamers	B1	Q1	15	-	-	1
AESS0248-1	Elements of sociology of education Jean-François Guillaume	B1	Q2	10	-	-	1
AESS0143-1	Educational Psychology of adolescents and young adults Annick Fagnant	B1	Q1	15	-	-	2
AESS0315-1	Teaching practice (including observation practice, teaching practice and reflexive practical work), part 1 Jean-Marie Dujardin	B1	Q2	-	35	-	3
AESS0140-1	Professional ethics and training to neutrality and citizenship Anne Herla	B2	Q2	25	-	-	2
AESS0339-1	Understand and manage the diversity of public schools Ariane Baye	B2	Q2	10	15	-	3
AESS0249-1	Interdisciplinary seminar Annick Fagnant	B2	Q1	15	-	-	1
AESS0314-1	Special teaching - course and exercises, Part 2 Jean-Marie Dujardin	B2	Q2	40	-	-	4
AESS0316-1	Teaching practice (including observation practice, teaching practice and reflexive practical work), Part 2 Jean-Marie Dujardin	B2	Q2	-	40	-	5

Additional ECTS Master in management (120 ECTS)

Code

Détails

Bloc

Organisation

Théorie

Pratique

Autres

Crédits

Optional courses

B0: 60Cr

The complementary course programme imposed on each student will be determined by the jury according to the student's prior training: it will consist of 60 course credits essentially drawn from those given below (exemptions of up to 15 credits may be granted if the student can show evidence in their file that they have acquired the minimum harmonisation in their previous curriculum).

B0

60Cr
Code	Détails	Bloc	Organisation	Théorie	Pratique	Autres	Crédits
FINA0001-1	Financial statement analysis and financing an enterprise Jacques Berwart	B0	Q2	45	-	-	5
FINA0092-1	Financial Analysis and Corporate Financing (english language) Isabelle Degand	B0	Q2	45	-	-	5
GEST3054-1	Analysis of organizations Jocelyne Robert	B0	Q1	50	-	-	5
GRHO0042-1	Organizations Analysis (english language) Sabine Haine, Jocelyne Robert	B0	Q1	50	-	-	5
LANG2941-1	English 3 - 1st part Laurent Gianotti, Lucie Gillet, Xuan Giang Nguyen, Pauline Warroquiers	B0	Q1	60	-	-	7
LANG2942-1	English 3 - 2nd part Xuan Giang Nguyen, Pauline Warroquiers	B0	Q2	30	-	-	3
GEST0368-1	Cost Accounting Anne Chanteux	B0	Q2	30	-	-	5
DROI0908-1	Law and businesses Jacques Defer	B0	Q2	30	-	-	5
GRHO0001-4	Strategic Human Resources Management François Pichault	B0	Q1	45	-	-	5
GRHO0041-1	Strategic Human Resources Management (english language) François Pichault	B0	Q1	45	-	-	5
INFO0074-1	Computing and digital transformation André Blavier, Samedi Heng, Eric Vyncke	B0	Q2	40	15	-	5
ECON0610-4	Introduction to political economy	B0	Q2				5
	Theory Henry-Jean Gathon			30	-	-
	Practice Henry-Jean Gathon			-	15	-
GEST0832-4	Financial Markets Danielle Sougné	B0	Q2	40	15	-	5
FINA0091-1	Market Finance in EU (english language) Julien Hambuckers, Georges Hübner	B0	Q2	40	15	-	5
MATH2017-1	Mathematics (part 1) Pascal Dupont	B0	Q1	23	8	-	3
MATH2018-1	Mathematics (part 2) Pascal Dupont	B0	Q2	22	7	-	3
ECON2259-1	Microeconomics and industrial economy Axel Gautier, Bernard Thiry	B0	Q2	40	15	-	5
GEST3014-2	Principles of marketing Chantal de Moerloose	B0	Q1	50	-	-	5
MARK9202-1	Marketing : Concepts and Decision Making (english language) Anne-Christine Cadiat	B0	Q1	40	-	-	5
GEST1039-1	Business simulation - [30h Monitored workshops] Wilfried Niessen	B0	TA	-	-	[+]	2
STAT0066-1	Statistics Isabelle Pays	B0	Q1	30	15	-	5
LOGI0001-2	Supply Chain Management (english language) Thierry Pironet	B0	Q1	45	-	-	5

Management (120 ECTS)

Cycle view

Compulsory courses

Optional courses

Depending on his professional focus, the student will choose courses totalling 10 credits among :

Choose two courses out of the following :

Choose one of the following courses :

Select 4 courses, including at most 1 course of basic-level 1 language from the following:

Choose two courses out of the following :

Choose one focus from the following :

Professional focus in Banking and Asset Management

Choose two courses out of the following :

Professional focus in Financial Analysis and audit

Choose two courses out of the following :

Professional focus in Marketing

Choose 1 optional subject from the following:

Option "Marketing and Strategic Intelligence"

Choose one of the following courses :

"Digital Marketing and Sales Management" option

Choose one of the following courses :

Professional focus in Social Enterprise Management

Choose one of the following courses :

Professional focus in Intrapreneurship and Management of Innovation Projects

Choose one of the following courses :

Teaching focus

Additional ECTS Master in management (120 ECTS)

Optional courses