2023-2024 / FINA0061-1

Business Modeling, Control and Planning


30h Th

Number of credits

 Master in business engineering (120 ECTS)5 crédits 


Didier Van Caillie

Language(s) of instruction

English language

Organisation and examination

Teaching in the second semester


Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

This course puts into practice the main models and techniques used to model how the whole value of an organisation is created and how it can be made sustainable and durable. It focuses on the strategic management of the organisation with a view to optimising its sustainable performance and long-term reliability, and shows which tools and models can be used to ensure the organisation achieves its long-term objectives.

It is divided into 3 sections:

- How is the value of an organisation created?

- How can this value be harvested?

- How can it be controlled and made sustainable in the long term?

Each of the 3 topics is prepared and presented by groups of 3 students as a maximum.

In addition, as they progress through the different stages of the course, these groups design, structure and then defend a personal entrepreneurial project, structured on the basis of the models seen in the course (Value Proposition Design and Business Model Canvas, Holistic Sustainability Model, Founding Principles of a Circular Economy).

Learning outcomes of the learning unit

  • Strengthening knowledge and understanding of basic management disciplines in order to use them to perform a rigorous analysis of a management situation and provide pertinent solutions
  • Gaining the knowledge and understanding of one of the following fields: performance management systems and risk management and being able to mobilize them in order to solve concrete management problems or cases
  • Capacity to research autonomously and methodically the information needed to solve a complex, transversal management problem, to perform a rigorous analysis of it and to suggest pertinent solutions
  • Ability to use modelization methods in the fields of performance management and reliability optimisation when seeking a solution for a concrete management problem
  • Providing concrete solutions to a management problem, integrating a dimension of technology, innovation, change or production
  • Being capable of professional practical working
  • Developing a critical sense (arguing)
  • Developing a transversal, global vision
  • Creative conception of solutions
  • Professional capacity for oral and written communication
  • Faced with a management problem, suggesting solutions that are ethical and socially responsible and that respect the principles of good governance

Prerequisite knowledge and skills

Prerequisites :

  • Management accounting
  • Management control

Planned learning activities and teaching methods

Students, in their groups, implement the main tools and models presented in the course and integrate them into an original personal entrepreneurial project.

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

Blended learning

Additional information:

The course is organized in the form of 6 sessions of 3 hours. These sessions consist of the presentation and discussion of the different tools used in the course. 

Four individual coaching sessions are also organized to follow the progress of the personal entrepreneurial project.

The course is organized on the dates and in the premises communicated on the official channels of the University. Its organization (course and exam) takes into account the health constraints imposed by the current context.



Recommended or required readings

All the necessary resources are available here :

Exam(s) in session

Any session

- In-person

oral exam

Written work / report

Continuous assessment

Additional information:


  • 3 Course sessions: 30%.
  • Presentation report and defense of personal entrepreneurial project (including a peer-evaluation): 70%.

Work placement(s)

Organisational remarks and main changes to the course

See http://lola.hec.uliege.be/course/view.php?id=312


Teacher :
Prof. D. Van Caillie, D.VanCaillie@uliege.be

Assistant :

Mrs Louise Colling, louise.colling@uliege.be

Association of one or more MOOCs