GEST3763-1

Duration

30h Th

Number of credits

	Master in management (120 ECTS)	5 crédits

Lecturer

Sybille Mertens de Wilmars

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

Course description

A sustainable economic system respects environmental and social limits. The former mark out the conditions for the sustainability of human life on earth. The latter define the global consensus on what is the foundation of human society.However, understanding this framework is not a sufficient condition to ensure thatour economic activities will fit within it. The course "financing sustainability" analyzes how the sustainability challenge involves financial issues for enterprises. It then explores how (private or public) financial mechanisms can be used as levers towards more sustainability.

Learning outcomes of the learning unit

At the end of this course, students will have been specifically brought to:

Understand the concept of sustainability in the context of the economic system as a whole and at the enterprises level
Link unsustainable behaviors to market failures
Understand the financial issues linked to sustainability ambitions
Acquire in-depth knowledge of the main private and public mechanisms for financing sustainability

These learning outcomes are part of the generic LO of the Master in Management Sciences of HEC since they help the student to:

Establish a strategy (from a sustainable perspective)
Translate the strategy operationally and think about its implementation
Implement performance monitoring in a holistic approach
Communicate effectively on the business project
Adapt its managerial practices to a constantly changing world, developing both its entrepreneurial spirit and its ability to understand economic, social and environmental issues

Prerequisite knowledge and skills

Students must be able to express themselves in French or English and must be able to read fluently French and English.

Planned learning activities and teaching methods

The course is designed as a seminar in which the participants are asked to adopt a proactive attitude in order to collectively build their knowledge.
Learning activities include

Conceptual and theoretical presentations by the teacher (powerpoint)
Scientific readings and discussion in class

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

The teaching method is mixed. The course is mainly based on face-to-face teaching (introduction to the readings, discussion of the readings) and students will also be invited to prepare the discussions sessions through guided home readings (instructions via the lol @ platform).

Assessment methods and criteria

Exam(s) in session

Any session

- In-person

oral exam

- Remote

oral exam

Written work / report

Continuous assessment

Additional information:

The overall assessment will combine three elements:

Active participation in discussions (20%)
Summary of a discussion (20%)
Oral exam (60%).

In the second session, the assessment consists only of an oral exam.

Work placement(s)

Organizational remarks

The course takes place in the first term, Friday morning at HEC - N1 (room 1715) rue Louvrex .
First session : October 1 2021

Contacts

Prof. Sybille Mertens, Centre d'Economie Sociale - HEC Université de Liège - B33/boite 4 - 4000 Liège - smertens@uliege.be
Secretary (Mrs Jourdan) : + 32(0) 4 366 27 51 - nathalie.jourdan@uliege.be
Teaching assistant : Romain David - r.david@uliege.be

Funding sustainability