Bachelor's in Engineering (Charleroi (Hor. jour))

		Study programme 2021-2022	Français
		Financial Theory and Analysis
		Programme component of Bachelor's in Engineering (Charleroi (Hor. jour)) à la Faculty of Engineering

Code	Type	Head of UE	Department’s contact details	Teacher(s)
UI-B3-IRCIVI-603-C	Compulsory UE	CROQUET Mélanie	W751 - Finance	CROQUET Mélanie HELDENBERGH Anne

Language of instruction	Language of assessment	HT(*)	HTPE(*)	HTPS(*)	HR(*)	HD(*)	Credits	Weighting	Term
Français	Français	38	22	0	0	0	5	5.00	1st term

AA Code	Teaching Activity (AA)	HT(*)	HTPE(*)	HTPS(*)	HR(*)	HD(*)	Term	Weighting
W-FINA-031	Financial Theory and Analysis - AAEP	36	14	0	0	0	Q1
W-FINA-032	Financial Theory and Analysis - AAEHP	2	8	0	0	0	Q1

Integrated test : there will be no assessment for each AA but a single assessment for the UE.

Programme component

Objectives of Programme's Learning Outcomes

Demonstrate thoroughness and independence throughout their studies

Demonstrate self-awareness, asses themself, and develop appropriate learning strategies.
Develop their scientific curiosity and open-mindedness
Learn to use various resources made available to inform and train independently

Learning Outcomes of UE

Understand and apply the basic knowledges in the field of the corporate finance and the finance of market

Content of UE

Corporate finance and financial markets

Prior Experience

see Prerequisite of learning unit

Type of Assessment for UE in Q1

Oral examination
Written examination

Q1 UE Assessment Comments

written examination (100%) (oral examination is possible)

Type of Assessment for UE in Q3

Oral examination
Written examination

Q3 UE Assessment Comments

written examination (100%) (oral examination is possible)

Type of Resit Assessment for UE in Q1 (BAB1)

Q1 UE Resit Assessment Comments (BAB1)

Not applicable

Type of Teaching Activity/Activities

AA	Type of Teaching Activity/Activities
W-FINA-031	Cours magistraux Conférences Travaux pratiques Etudes de cas
W-FINA-032	Cours magistraux Conférences Travaux pratiques Etudes de cas

Mode of delivery

AA	Mode of delivery
W-FINA-031	Mixed
W-FINA-032	Mixed

Required Reading

AA	Required Reading
W-FINA-031	Note de cours - Théorie et analyse financières - A. Heldenbergh, M. Croquet, L. Cultrera, L. Pozniak
W-FINA-032

Required Learning Resources/Tools

AA	Required Learning Resources/Tools
W-FINA-031	Yann Le Fur, Pascal Quiry et al. (2019), "Finance d'entreprise 2020", 18ème édition, Broché, 1220 pages Richard Brealey, Stewart Myers & Franklin Allen (2019), "Principles of Corporate Finance, Mc Graw-Hill Education, 13th Edition, 994 pages. Pascal Alphonse, Gerard Desmuliers, Pascal Grandin & Michel Levasseur (2017), "Gestion de portefeuille et marchés financiers", Pearson Education, 2ème édition, 640 pages.
W-FINA-032	See W-FINA-031

W-FINA-031

Yann Le Fur, Pascal Quiry et al. (2019), "Finance d'entreprise 2020", 18ème édition, Broché, 1220 pages
Richard Brealey, Stewart Myers & Franklin Allen (2019), "Principles of Corporate Finance, Mc Graw-Hill Education, 13th Edition, 994 pages.
Pascal Alphonse, Gerard Desmuliers, Pascal Grandin & Michel Levasseur (2017), "Gestion de portefeuille et marchés financiers", Pearson Education, 2ème édition, 640 pages.

W-FINA-032

See W-FINA-031

Recommended Reading

AA
W-FINA-031
W-FINA-032

Recommended Learning Resources/Tools

AA	Recommended Learning Resources/Tools
W-FINA-031	Alchian A. & Demsetz H.(1972), " Production, Information Costs, and Economic Organization ", American Economic Review, vol. 62, n° 5. Berle A. & Means, G. (1932), "", New York, Macmillan, 1932 Coase R. (1937), "The Nature of the Firm", Economica, 4(16), p.386-405. Jensen M.C. & Meckling W.H., " Theories of the Firm : Managerial Behaviour, Agency Costs, and Ownership Structure ", Journal of Financial Economics, vol. 3, n° 4, octobre 1976 Kahneman D. & Tversky A. (1979), "Prospect Theory : An analysis of Decision Under Risk", Econometrica, 47, pp.263-291 Lintner J. (1965), "The Valuation of Risk Assets and Selection of Risky Investments in Stock Portfolios and Capital Budgets ", Review of Economics and Statistics, Vol.47, pp.13-37. Markowitz H. (1952), "Portfolio Selection ", Journal of Finance, vol. 7, mars, pp. 77-91. Mossin J. (1966), "Equilibrium in a Capital Market", Econometrica, Vol.34, pp.768-783 Sharpe W.F. (1963), "A Simplified Model for Portfolio Analysis", Management Science, janvier, 277-293 Sharpe W.F. (1964), "Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk ", Journal of Finance, vol.19, n°3, pp.425-442
W-FINA-032	See W-FINA-031

W-FINA-031

Alchian A. & Demsetz H.(1972), " Production, Information Costs, and Economic Organization ", American Economic Review, vol. 62, n° 5.
Berle A. & Means, G. (1932), "", New York, Macmillan, 1932
Coase R. (1937), "The Nature of the Firm", Economica, 4(16), p.386-405.
Jensen M.C. & Meckling W.H., " Theories of the Firm : Managerial Behaviour, Agency Costs, and Ownership Structure ", Journal of Financial Economics, vol. 3, n° 4, octobre 1976
Kahneman D. & Tversky A. (1979), "Prospect Theory : An analysis of Decision Under Risk", Econometrica, 47, pp.263-291
Lintner J. (1965), "The Valuation of Risk Assets and Selection of Risky Investments in Stock Portfolios and Capital Budgets ", Review of Economics and Statistics, Vol.47, pp.13-37.
Markowitz H. (1952), "Portfolio Selection ", Journal of Finance, vol. 7, mars, pp. 77-91.
Mossin J. (1966), "Equilibrium in a Capital Market", Econometrica, Vol.34, pp.768-783
Sharpe W.F. (1963), "A Simplified Model for Portfolio Analysis", Management Science, janvier, 277-293
Sharpe W.F. (1964), "Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk ", Journal of Finance, vol.19, n°3, pp.425-442

W-FINA-032

See W-FINA-031