2020-2021 / FINA0086-1

Depth diagnostics of business: Legal and financial aspects

Duration

30h Th

Number of credits

 Master in management (120 ECTS)5 crédits 

Lecturer

Danielle Sougné

Language(s) of instruction

French language

Organisation and examination

Teaching in the first semester, review in January

Schedule

Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

This course intends:
- to propose a synthesis, at the end of the learning process ot the student specialized in Financlal Analysis & Audit, of the different techniques and tools used to realize a legal and financial business diagnosis
- to illustrate how professionals from the consulting and banking industry use these techniques and tools in their daily activity.
The 10 sessions that are scheduled are structured around the Life Cycle of the firm and deal successively with the following themes : - the creation of the firm (legal aspects)
- the emerging phase (individual support to emerging firms)
- the growth phase (financing of the different steps of the growth)
- the transmission phase (transmission and take-over of an existing firm)
- the recovery or the exit phase (liquidation and recovery of the failing firm)
Due to the heavy schedule of speakers, the sessions cannot therefore take place in the logical order of the company's life cycle.

Learning outcomes of the learning unit

Strategy : The course will allow students to establish a strategy in order to optimize the value chain of a company, an organization or a project. Implementation : The course will allow students to take charge of the everyday management of a company, an organization or a project. Quality and Performance Control : The course will allow students to plan and implement the performance and quality control in a company, an organization or a project. Communication : The course will allow students to communicate efficiently, internally and externally, about a company, organization or project. Adaptability : The course will allow students to adapt their managerial practice to the needs of a fast-evolving world.

Prerequisite knowledge and skills

Advanced knowledge in corporate low, accounting, financial statement analysis, corporate finance, financing decisions, financial audit, corporate valuation and business strategy

Planned learning activities and teaching methods

Ex-caethedra sessions and interactive conferences presented by professionals from the legal world, bank and the consulting industry :

  • 24/09 : Crowd'in
  • 1/10 : Invest for Job
  • 8/10 : Henry & Mersch
  • 22/10 : CBC
  • 29/10 : NOSHAQ
  • 12/11 : SRIW
  • 19/11 : COPILOT
  • 26/11 : SOWALFIN

Prior and ex-post knowledge of the specific supports linked to each conference
Group case studies (identical group for case study and exam)

Mode of delivery (face to face, distance learning, hybrid learning)

Course of September 17, 2020 : course presentation in the HEC premises.
Following sessions  in the HEC premises in the respect of health measures: guest speakers.

Organisational adjustments related to the current health context

Recommended or required readings

Recommended reading :
Press articles on support measures for Belgian companies
Press articles on the latest investments made by NOSHAQ, by the SRIW and by any actor of this type
Press articles on the news of the SRIW / SOWALFIN
Press articles related to crowdfunding, business angels, and the Belgian / Walloon economic fabric.
 
Required reading
Slides of the speakers made available on lol@ and notes taken by the student during the lectures of the speakers to be studied
 

Assessment methods and criteria

Below you will find information on the evaluation methods planned for in-person and remote exams as well as those planned for hybrid sessions. Depending on how the health crisis evolves, the chosen method will be communicated to you no later than one month before the start of the exam session.

Compulsory presence to each course
Any absence not justified by a medical certificate will be subject to a withdrawal of 1 point out of 20 on the final mark of this course. A departure halfway through the course session is considered an absence.
Relevant questions asked / relevant answers to a speaker will be subject to a bonus of 0.1 point out of 20 on the final mark of this course.
Inappropriate behaviour during the lectures of the speakers identified by the professor or her assistant will be sanctioned by the withdrawal of 0.25 point per remark on the final mark of this course.
Case study: 30% of the final grade - to be carried out instead of the course of November 5, 2020 - to be posted on the lol@ platform no later than November 22, 2020 midnight. - peer evaluation excel file to be completed and sent to the assistant by November 22, 2020 midnight, the grade obtained by the group will be weighted individually by this evaluation (student grade = group grade * total points obtained in the peer evaluation / maximum points awarded)
Exams: 70% of the final grade
- Written exam in the form of a group case study to be posted on the lol@ platform by December 13, 2020 midnight at the latest - the peer review excel file must be sent to the assistant by December 13, 2020 midnight, the grade obtained by the group will be weighted individually by this assessment (student grade = group grade * total points obtained in the peer assessment / maximum points attributable)
- Oral examination in the form of : * presentation by the group of a professional-quality Powerpoint presentation on the practical case and an oral defense of it * individual questions about the course content (in-depth study of the course is required to pass this exam)
Second Session : Oral examination in the form : - individual questions on the work delivered in the first session - individual questions about the course content (in-depth study of the course is essential to pass this exam)
 

Work placement(s)

Organizational remarks

The practical modalities of organization are updated on the website accessible to students (lol@).
The course starts on Thursday, September 17, 2020 and will be given in the form of a podcast available on lol@.
Most of the course is given in French.
Students must have completed their lol@ profile with a recent photo before the first class.

Contacts

Prof. Danielle SOUGNE (coordination) : danielle.sougne@uliege.be