2023-2024 / FINA0092-1

Financial Analysis and Corporate Financing


45h Th

Number of credits

 Bachelor in economics and business management5 crédits 
 Bachelor in business engineering5 crédits 
 Master in business engineering (120 ECTS) (Industrial Business Engineering)5 crédits 
 Extra courses intended for exchange students (Erasmus, ...)5 crédits 


Wouter Torsin

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

Based on Belgian and international accounting regulation.
Corporate financial balance analysis (working capital, working capital need, teasury).
Ratio analysis (liquidity, solvency, profitability).
Cash flow analysis (cash flow statement, flow of funds).
Corporate financing and acquisition financing.

Learning outcomes of the learning unit

Pass on 30 years of experience in banking industry, by illustrating theoretical financial and accounting concepts through the analysis of companies financing, their risks and needs.
Highlight the ultimate importance of cash management, through ratio methods and practical illustrations.

Prerequisite knowledge and skills

Prerequisite are the general accounting system and the annual accounts.
Perquisite course : Comptabilité générale des entreprises (45h).

Planned learning activities and teaching methods

Each theoretical item will be illustrated by realistic cases and the links between each of them will be built all through the course.
Practical sessions will be planned.

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

Lecture, practical sessions. 
The course will take place during the 2nd semester on Wednesdays, between 8:00 and 12:00.

Recommended or required readings

Any session :

- In-person

written exam ( multiple-choice questionnaire, open-ended questions )

- Remote

written exam ( multiple-choice questionnaire, open-ended questions )

- If evaluation in "hybrid"

preferred in-person

Additional information:

Written Exam (QCM and open questions)

Work placement(s)

Organisational remarks and main changes to the course


Mrs Isabelle Degand :

Association of one or more MOOCs