PROGRAMMES 1-year programme MSc in Finance MSc in Corporate Finance MSc in Risk & Asset Management MSc in Capital Markets MSc in Marketing Management

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1 PROGRAMMES 1-year programme MSc in Finance MSc in Risk & Asset MSc in Marketing

2 EDHEC MSc programmes EDHEC Business School EDHEC Business School is currently ranked in 9th position in the Financial Times European Master in rankings. With over 5000 students on its 3 campuses Nice, Lille and Paris, EDHEC is the largest business school in France. It offers a full range of programmes including Master in, Master of Science and MBA. EDHEC is the most international school in France Indeed the rate of EDHEC alumni getting their first job abroad is the highest in France (31%) and 1 in 6 students on campus are non-french. MSc programmes The Master of Science (MSc) programmes are entirely taught in English to graduate level participants from around the globe who want to specialise in a specific area of management. Finance related Masters programmes are taught on the School s campus in Nice whereas the General related Masters programmes are taught on the Lille campus. This campus specialisation is based on the specialisation of the EDHEC Research Centres implanted on each site. From September 2009, students aiming for a career in Finance will be able to enter the new Financial Economics Track, a two year specialisation within the MiM programme and leading to a choice of Finance related MSc programmes in the final year. Why choose the 1-year Master of Science programmes? l Accelerated specialist programme Get your Masters in one year only These one-year specialisation programmes target high-achievers with solid backgrounds in either Finance, Mathematics, Engineering or Science. When choosing this 1-year programme, students commit to an intensive programme. Students typically have one or two years of professional experience in a related field and are able to take up the challenge of these fast-paced programmes. l Worldwide recognised degree In line with EDHEC s reputation A Master of Science degree is a recognised diploma throughout the world and by its specialist nature is much appreciated by employers. The brand EDHEC is wellknown throughout Europe based on its 100 years of experience in business education. Ranked by the Financial Times as one of the best Schools in Europe, an internationally recognised MSc programme from EDHEC will give a leading edge to every CV. l International classroom Work in a multi-cultural setting As an EDHEC MSc student, you will find yourself sharing a classroom where approximately 70% of your fellow classmates have an international background. Through managing team work with a variety of nationalities, this culturally-rich learning environment will sharpen your communication skills and provide insight into the ways of working in other countries. Such valuable people management skills will facilitate your future international business conduct. l High-level internships Stepping stone to a full-time position Each MSc requires a compulsory 3 to 6 months internship to round off the programme. Through the school s strong company links and international reputation, students can enter high level trainee positions around the world. These work placements help contribute to tuition fees and living expenses and are remunerated around per month. 80% of MSc students have full-time positions before the end of the programme which then replaces the internship requirement. l Unique career service TI & CD Programme EDHEC is the only business school in France to offer its students the Talent Identification & Career Development programme. As an MSc Student, you will benefit from a strong personal development, be trained for recruitment process and be prepared to face competition in an extremely competitive and demanding internation market. You will have a personalised Career Development Process, an individual Career Development Plan, a Talent Identification Seminar and a workshop corresponding to your competencies to develop or optimise your potentential. l EDHEC for life Alumni Network 2nd in the World When you enter EDHEC Business School, you become one of the life-members of EDHEC s global Alumni Network which was voted second by the Economist Intelligence Unit in the Potential to Network category of the 2007 worldwide ranking of MBA programmes. You will be able to use the services of this professional tool throughout your career. l French Language courses To help you adapt to life in France To facilitate international students integration in France, EDHEC provides free French language courses for international students. This unique opportunity allows students to discover more about the French language and culture and is obviously an advantage to all participants wishing to add an extra skill to their CV. Prospective European employers will also appreciate this added skill to an already enhanced international background. l CFA - CAIA exam preparation Prepare a professional qualification If meeting the needs of the business world is the goal of all EDHEC programmes, the Masters of Science in Finance and Risk and Asset has taken this idea even further by actually preparing their participants for major international professional certifications such as the CFA (Chartered Financial Analyst) and the CAIA (Chartered Alternative Investment Analyst).

3 MSc in Finance Pierre Mella-Barral, MSc in Finance 10 Core Courses Corporate Finance Financial Accounting and Analysis Money and Capital Markets Financial Engineering International Corporate Finance and Governance Fixed Income Analysis and Risk International Economics Portfolio Options and Futures Financial Analysis and of International Groups The MSc Finance programme is designed to impart a wide-ranging understanding of corporate finance and market finance. Its broad curriculum prepares students for careers in banking, consulting, investment management, private banking and accounting. The programme s contents are designed to impart students with a thorough understanding of the nature and operation of international financial markets and institutions and to develop the analytical skills essential to structuring deals and designing financial instruments, pricing financial products and valuing companies, designing and managing The aim of this course is to provide participants with a solid understanding of strategic issues in corporate finance. The main objective of this course is to provide participants with a solid framework for understanding and analysing financial statements. investment portfolios and managing risk for financial institutions and multinational corporations. CFA (Chartered Financial Analyst) curriculum textbooks are used as core programme readings to maximize participants industry readiness and to prepare the students for the CFA Level 1 exam which can be taken at the end of the academic year in June. This course is designed to give participants an overview of the nature and operation of financial markets and to prepare them for more advanced work in corporate and market finance. This course presents a broad range of recent and important financial innovations and initiates participants to the fundamentals of financial engineering and quantitative analysis of investments management. The objective of this course is to develop students knowledge of the strategic as well as legal and regulatory aspects surrounding international corporate restructuring activity, and to equip them with techniques as well as a framework for analysing and participating in the arrangement of mergers, acquisitions, divestitures, Leveraged Buy-Outs and other forms of corporate restructurings. This course is about interest rates and risk management in bond markets. It develops insights into different bond portfolio strategies and illustrates how various types of derivative securities can be used to shift the risks associated with investing in fixed-income securities. This course equips participants with the conceptual framework, the experience, and the tools for analysing international economic problems and policies and engaging in economic forecasting. The main objective of this course is to give students an integrative presentation of the most recent theory and practice of portfolio management. The objective of this course is to provide students with an in-depth coverage of options, futures, and other widely used derivative products. It stresses pricing and uses of derivatives for financial engineering and risk management. This course is designed to train participants in the preparation, analysis and use of consolidated financial statements for multinational groups, and to provide them with an understanding of strategic issues related to the choice of accounting standards. Florencio Lopez-de-Silanes, The MSc Corporate Finance programme is ideal preparation for international careers in investment banking, consulting, corporate financial control, accounting and strategic management. Its focused blend of core modules such as corporate finance, governance, strategy and valuation along with a host of elective courses makes it ideal for those students who are looking for a specific study exposure in order to tailor their study objectives. The programme is a highly effective way of mastering the core concepts and theory of corporate finance which underpin modern day international finance within the global market economy. 6 Core Courses Corporate Finance Financial Accounting and Analysis Strategy Valuation and Project Finance International Corporate Finance and Governance Mergers and Acquisitions + Elective courses below The aim of this course is to provide participants with a solid understanding of strategic issues in corporate finance. The main objective of this course is to provide participants with a solid framework for understanding and analysing financial statements. This course provides extensive coverage of corporate strategic decision making within the corporate framework. The objective of this course is to impart a thorough knowledge of project financing methods currently employed in industry. Real option valuation for financial decision takes up a significant part of the course content. The objective of this course is to develop students knowledge of the strategic as well as legal and regulatory aspects surrounding international corporate restructuring activity, and to equip them with techniques as well as a framework for analysing and participating in the arrangement of mergers, acquisitions, divestitures, Leveraged Buy-Outs and other forms of corporate restructurings. The objective of this course is to develop students knowledge of the strategic as well as legal and regulatory aspects surrounding Merges and Acquisitions hours of Elective Courses for the, the MSc in Risk & Asset, the programmes only Trading the Capital markets Market Risk Analysis Options Futures and other Derivatives Financial Theory and Risk Credit Modelling Insurance Exotic Financial Products Behavioural Finance Operational Risk Real Estate Valuation Structured Products Back Office Operations Regulation and Compliance International Security Law Commodities Islamic Finance International Corporate Finance and Governance Mergers and Acquisitions Benchmarking and Process Information Systems and Project International Accounting accounting and control International Tax Strategy and Financial Policy Strategic Cost Project Finance Financial Communication Equity Valuation

4 Lionel Martellini, MSc in Risk & Asset MSc in Risk & Asset The MSc in Risk and Asset is the perfect launching pad for those students interested in working in the exciting areas of asset and liability management, alternative investments, fund of hedge funds, risk management and research. This degree programme integrates the most recent advances engineered in the EDHEC Risk and Asset Research Centre with the support of leading financial institutions. The course benefits from the resources and the reputation of Europe s premier academic centre for asset allocation research and provides graduates with a wealth of career opportunities in the finance industry. The CFA, FRM/PRM and CAIA syllabi are all covered to a large extent and the programme presents an excellent opportunity to study and take these additional examinations during the year. 6 Core Courses Financial Theory and Risk Financial Modelling Fixed Income Analysis and Risk Options, Futures and other Derivatives Asset Alternative investments + Elective courses below The course deals with a variety of topics including the meaning and measurement of risk, general single-period portfolio problems, mean-variance analysis, the Capital Asset Pricing Model, arbitrage pricing theory and multi-period portfolio problems. The course starts with a review of matrix algebra and calculus, descriptive statistics, statistical inference, sampling and data analysis followed by an in-depth study of the linear regression model. The final part of the course covers advanced material in financial econometrics with a specific focus on GARCH models for time series modelling. Rigorous and quantitative in nature, this course equips participants with an in-depth understanding of state-of-the art techniques used to generate performance and implement risk management processes in fixed-income markets. This course provides participants with an exhaustive coverage of widely used derivative products stressing pricing and uses for financial engineering and risk management. Drawing on the expertise of the EDHEC Risk and Asset Centre this course presents the most recent theory and applications of portfolio theory and financial engineering applied to active and passive asset and liability management. The purpose of this course is to give participants a good understanding and workable knowledge of the techniques that should be part of the toolkit of anyone investing in, analyzing and/or advising private and institutional clients on the inclusion of hedge funds and CTAs in their portfolios. René Garcia, The programme has been designed specifically for students interested in pursing careers in capital markets trading, international banking, treasury operations and derivative pricing. Additionally students might also find lucrative careers within hedge funds. The programme focuses on the theory, pricing and trading of international capital market instruments. Students also benefit from the school s virtual trading floor where trading simulations can be performed with real time financial data for market making and historical financial data for the trading and design of alternative investment products. 6 Core Courses Money and Capital Markets Financial Modelling Fixed Income Analysis and Risk Options, Futures and other Derivatives Trading the Capital Markets Market Risk Analysis + Elective courses below This course is designed to give participants an overview of the nature and operation of financial markets and to prepare them for more advanced work in corporate and market finance. The course starts with a review of matrix algebra and calculus, descriptive statistics, statistical inference, sampling and data analysis followed by an in-depth study of the linear regression model. The final part of the course covers advanced material in financial econometrics with a specific focus on GARCH models for time series modelling. Rigorous and quantitative in nature, this course equips participants with an in-depth understanding of state-of-the art techniques used to generate performance and implement risk management processes in fixed-income markets. This course provides participants with an exhaustive coverage of widely used derivative products stressing pricing and uses for financial engineering and risk management. This course provides participants with an introduction to the practice of trading and market making by combining an analytical approach of market dynamics with practical implementation in the real-life environment of the EDHEC dealing room. This course is designed to impart a thorough understanding of global risk management to the student. Advanced topics in risk analysis and management theory are described to enable the student to be able to model, understand and engineer risk in today s complex financial market landscape hours of Elective Courses for the, the MSc in Risk & Asset, the programmes only Trading the Capital markets Market Risk Analysis Options Futures and other Derivatives Financial Theory and Risk Credit Modelling Insurance Exotic Financial Products Behavioural Finance Operational Risk Real Estate Valuation Structured Products Back Office Operations Regulation and Compliance International Security Law Commodities Islamic Finance International Corporate Finance and Governance Mergers and Acquisitions Benchmarking and Process Information Systems and Project International Accounting accounting and control International Tax Strategy and Financial Policy Strategic Cost Project Finance Financial Communication Equity Valuation

5 MSc in Marketing Guergana GUINTCHEVA Programme Manager MSc in Marketing The MSc in Marketing programme provides a rigorous and in-depth understanding of marketing concepts and techniques. Its handson approach is especially designed to prepare students to assume upper-level positions within the marketing function. Marketing management uses theories and techniques from the fields of psychology, management, economics, mathematics and computer science so the curriculum includes a wide range of topics, the latest academic knowledge and operational techniques. The programme explores various aspects of marketing in different types of organisations, and different business contexts (Business to Consumer, Business to Business) with particular attention paid to specific sectors (e.g., luxury brand management, key account management, creativity and communication etc). These fields offer the greatest number of career prospects and make the most of the international background of the participants. Currently in full expansion both in France and abroad, the luxury brand sector requires graduates with sound knowledge of the technical and cultural aspects involved in this sector. Key account management marketing is associated with an increasing number of companies whose growth depends on a few clients and who need specialists able to link the marketing function and the specificities of the company. 10 core courses International Marketing Development Consumer culture Strategies for Disruptive Innovation Marketing Research and Methods Marketing Strategy, Planning and Performance (business simulation Customer Relationship Key Account Luxury Brand Creativity and Communication High-tech and E-Marketing Key issues in corporate marketing management from an international perspective, planning and implementing marketing strategies in international business settings. Sociocultural, experiential, symbolic, and ideological aspects of consumption, consumers active process in the so the curriculum includes a wide range of topics, the latest academic knowledge and operational techniques. Moving up-market through performance improvements, revolutionary strategies for products and services. Principles and methods of research, information acquisition, qualitative and quantitative methods. Marketing and strategic planning, concepts and methods of marketing planning, objectives and components of core strategy, marketing mix and marketing planning, implementation and control. Creating long-term profitable customer relationships, customer life time value, concepts and technologies for competitive advantage, developing a hands-on experience based on a case situation (partnership with CRM companies). Meeting customers needs and anticipate their future requirements; developing individual plans that will secure renewals and optimise profitable new business growth potential. Brand architecture, creating, developing and re-positioning real brands for both domestic and international markets. Overview of the various components of advertising and communication, creating, developing and communicating marketing strategies in domestic and international settings. New technologies and marketing, online marketing strategy, viral marketing, street campaigns. Curriculum: MSc programmes COURSES Courses and Workshops Hours/60 ECTS credits Courses depend on the MSc programme specialisation. MASTER S THESIS ECTS credits The dissertation must integrate pertinent conceptual and theoretical elements and make use of a rigorous methodology to address issues relevant to the field of specialisation. A methodological seminar prepares participants to carry out this applied research. INTERNSHIP / WORK EXPERIENCE ECTS credits Duration of 3 to 6 months. The internship must give participants opportunities to apply course concepts, develop professional skills and provide tools to carry out a project in a chosen field of specialisation. A full time position in a company can replace the internship requirement.

6 ADMISSION REQUIREMENTS Master candidates should possess the following: Bachelor s Degree or higher. Academic excellence Scholastic potential A strong command of written and oral English APPLICATION CHECKLIST Applicants must include the following elements with their application: Completed application form available at Essay Certified copies of diplomas and transcripts. Two signed and sealed letters of recommendation GMAT score. Expected GMAT scores: > 550 MSc in Marketing > 600 MSc in Finance > 650 MSc in Risk & Asset Test of English as a Foreign Language score. TOEFL (internet based) > 100, TOEIC > 900, IELTS > 6,5 APPLICATION DEADLINES MSc deadline June 30, MiM deadline June 15. Applications are processed on a rolling admissions basis. TUITION FEES MSc: MIM: for the total 2 years. Fees do not include living expenses. APPLICATION FEES: 60 ACCOMMODATION The School helps participants find accommodation in the EDHEC student residence or in privately owned apartments and houses. Students eligible for the French residency permit receive a State housing grant covering approximately 25% of the rent. FINANCIAL AID Most participants finance their studies through a combination of savings and loans. A limited number of scholarships and financial aid is available through the School, based on the overall excellence of their profile. contact Ms Maureen Byrne Admissions Officer 58 Rue du Port Lille Cedex France Tel: +33 (0) Fax +33 (0) international.admissions@edhec.edu the edhec advantage Expert Faculty Research Prominence Industry Recognition Academic Excellence Triple Accredition International Orientation Careers Development Programme Global Alumni Network: 2nd in the World Triple campus - Nice, Lille and Paris For details please visit Lille Campus 58, rue du port Lille Cedex - France Tel: +33 [0] Fax: +33 [0] Nice Campus 393, promenade des Anglais BP Nice Cedex 3 - France Tel: +33 [0] Fax: +33 [0] Paris Campus Pôle Universitaire Léonard de Vinci Paris La Défense Tel: +33 [0] Fax: +33 [0] London Office 21, Dartmouth Street - Westminster London SW1H9BP - England Tel: +44 [0] Fex: +44 [0] The content of this brochure is not legally binding. Contents may be subject to modification.