SKEMA Business School Programme Grande Ecole Catalogue de Cours Course Syllabus 20152016 M1 ABM FRANCE - 1 -
M1 ABM FRANCE... 3 Fall...4 STRATEGY... 5 MARKETING AND INNOVATION... 8 ORGANIZATION & MANAGEMENT... 12 OPERATION & INFORMATION SYSTEMS... 15 CORPORATE FINANCE... 19 SUSTAINABLE PERFORMANCE... 23-2 -
M1 ABM FRANCE - 3 -
Fall - 4 -
STRATEGY Code du cours Course Code PGE.FINM1.STCOR.0801 (fall) PGE.FINM1.STCOR.0806 (spring) PGE.FINM1.STCOR.0805 (fall US) PGE.FINM1.STCOR.0812 (spring US) Crédits Credits 5 Charge de travail Student workload Programme Program Départements Department Face à Face Contact hours Nom du cours Course name STRATEGY Période d'enseignement Teaching period Distanciel Distance learning Fall Autonomous personal &or team work Evaluation Durée totale Total 30 0 30 0 30 M1 ABM France Dept. Stratégy, Entrepreneurship and Economics Module - Type de cours Course type Campus Course open to students in exchange core Belo Horizonte, Lille, Paris, Raleigh, Sophia, Suzhou Exchange students allowed Langue d'enseignement Teaching language Anglais English If other Pré-Requis Prerequisite Responsable du cours Course leader Nom des intervenants par campus Instructor(s) names by campus None CIRILLO Bruno Belo Horizonte Olivier BERTRAND Lille Olivier BERTRAND Paris Olivier BERTRAND - Corinne POROLI Sophia Suzhou Raleigh Oussama AMMAR Other Descriptif du cours Course This strategy course introduces the fundamental concepts, analytical tools, and strategic options at the basis of strategic analysis and action. We will use a combination of lectures, case studies and a team project to explore and apply theoretical frameworks and - 5 -
description methodologies in different industry and company situations. For instance, we will explore methods for assessing the strength of competition and the relative bargaining power, for anticipating competitors actions, for analyzing cost and value structures and their relevance to competition, and for assessing potential changes in the scope of the firm (diversification and vertical integration). Thémes Topics Résultats d apprentissage Intended Learning Outcomes and Skills Contribution aux objectifs pédagogiques du programme Contribution to learning objectives Evaluation des étudiants Student Assessment A l issue de la formation, vous serez capable de As a result of this module, you will be able to: Connaissances Knowledge and Understanding (subject specific) Understand the key concepts and tools of external and internal strategic analysis Aptitudes cognitives Cognitive skills Properly use methods and tools of strategic analysis. Acquire the basic jargon necessary to discuss, in a consistent and precise manner, strategic issues. Attitudes Key transferable skills Develop analytical skills and critical reasoning. Ethical and social understanding Recognize individual, sectoral-level specificities and their consequences. Indiquer les learning objectives auxquels contribue le cours (en se basant sur le curriculum mapping du programme) Indicate which learning objectives the course contributes to (based on the program curriculum mapping) LO3.2 : To produce clear, well organized written communication : LG3 : Graduates should be able to communicate in an international environment LO6.1 : To analyze and apply advanced concepts in a specialized discipline : LG6 : Graduates should be able to think critically and to assess business issues in a specialized discipline LO6.2 : To assess a business issue and formulate solutions in a specialized discipline : LG6 : Graduates should be able to think critically and to assess business issues in a specialized discipline Cours soumis à évaluation dans le cadre de l Assurance of Learning pour l année en cours? QCM - Quizz Evaluation finale (DS) Final examination 50 % Non No (Précisez la nature pour l'évaluation finale Explain type for final examination) Contrôle continu Continuous Assessment 50 % préciser nature Explain type QCM - Quizz 0 % Etude de cas - Case study 0 % Présentation orale - Presentation 0 % Rapport écrit Dissertation - Report Dissertation 100 % Participation - Class participation 0 % Examen intermédiaires - Mid-term examination 0 % Autre - Others 0 % Nb midterms : 0-6 -
Méthodes d enseignement Teaching Methods Plan de cours Course Plan Bibliographie References Format de cours Course format Cours magistral Lecture - TD Tutorials Activités d apprentissage Learning activities Cours interactifs Interactive lectures - Projet Project-based learning - Etudes de cas Case studies 1. Introduction to strategy (Lecture - 3 2. Environmental analysis (Lecture - 3 3. Case study on environment and industry analysis (Tutorial - 3 4. Internal company analysis (Lecture - 3 5. Case study on internal company analysis (Tutorial - 3 6. Students' project: Part I finalization and submission (Tutorial - 3 7. Business strategy (Lecture - 3 8. Corporate strategy (Lecture - 3 9. Case study on strategic choices at business and corporate levels (Tutorial - 3 10. Students' project: Part II finalization and submission (Tutorial - 3 Grant, R. M. (2012). Contemporary strategy analysis and cases: text and cases, 8th Edition. John Wiley & Sons. Site(s) web Web sites Nombre CM Amphi Number of Lectures Durée CM Amphi (en heures) Lecture duration (in Modalités de délivrance du cours (par campus si différent) Course delivery modes (per campus if different) Nombre TD Number of Tutorial classes Durée TD (en heures) Tutorial class duration (in Campus Sophia Antipolis Autres (Distance learning, etc ) (en heures) Other (in 5 3 5 3 0 Campus Paris 5 3 5 3 0 Campus Lille 5 3 5 3 0 Campus Suzhou 5 3 5 3 0 Campus Raleigh 5 3 8 3 0 Campus Belo Horizonte 5 3 5 3 0 Préciser les spécificités de programmation (TD journée, cadencement spécifique des séances) Specify if full-day tutorial class, different schedules - 7 -
MARKETING AND INNOVATION Code du cours Course Code PGE.FINM1.MKCOR.0401 (fall) PGE.FINM1.MKCOR.0405 (spring) PGE.FINM1.MKCOR.0404 (fall US) PGE.FINM1.MKCOR.0409 (spring US) Crédits Credits 5 Charge de travail Student workload Programme Program Départements Department Face à Face Contact hours Nom du cours Course name MARKETING AND INNOVATION Période d'enseignement Teaching period Distanciel Distance learning Fall Autonomous personal &or team work Evaluation Durée totale Total 30 0 15 0 30 M1 ABM France Dept. Marketing Module - Type de cours Course type Campus Course open to students in exchange core Belo Horizonte, Lille, Paris, Raleigh, Sophia, Suzhou Exchange students allowed Langue d'enseignement Teaching language Anglais English If other Pré-Requis Prerequisite Responsable du cours Course leader Nom des intervenants par campus Instructor(s) names by campus Marketing fundamentals - either the L3 marketng course or the Marketing course on the Introductory M1 track Belo Horizonte Lille Paris Sophia Suzhou Raleigh Other SPIER Peter Descriptif du cours 'Because the purpose of business is to create a customer, the business enterprise has two - and only two - basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs'. This quote comes from Peter Drucker, an - 8 -
Course description influential figure in management theory, and it provides an excellent justification for this keystone course. Whether you work in marketing and sales or in other functions, understanding and innovating for markets and customers will be vital for success. This course explores marketing's role in innovation, but adds to that two other key concepts: value and meaning. Both are far more complex than one might imagine. Innovation without value creation makes no sense: value is always 'value for someone', and invariably 'value relative to other options'. This presupposes a target and an understanding of what drives value and relevance for them. Which is why marketers spend so much time trying to listen to, study and understand those targets. Furthermore, what if that value is not built simply around a product, but around a service, an experience, entertainment, desire...? What if that value is not personal, but social? We need then to understand the perspective of individuals and of groups; to understand both the private and personal sources of value and meaning and those of the culture or the group... This course will provide a range of concepts and tools to do just that and provide an opportunity to apply them though a sustained group project. This will build on the work done in the level one marketing course and provide an opportunity to further apply notions learned there. Thémes Topics Résultats d apprentissage Intended Learning Outcomes and Skills Marketing and innovation; strategic marketing; value proposition & target marketsegment; market and customer analysis; positioning; services marketing; servicization; experience economy; entertainment economy A l issue de la formation, vous serez capable de As a result of this module, you will be able to: Connaissances Knowledge and Understanding (subject specific) Aptitudes cognitives Cognitive skills Attitudes Key transferable skills Ethical and social understanding Contribution aux objectifs pédagogiques du programme Contribution to learning objectives Indiquer les learning objectives auxquels contribue le cours (en se basant sur le curriculum mapping du programme) Indicate which learning objectives the course contributes to (based on the program curriculum mapping) LO2.1 : To contribute substantively to the product of a group and demonstrate leadership skills : LG2 : Graduates should be able to work effectively in a multicultural team LO3.1 : To produce clear, well organized verbal presentations : LG3 : Graduates should be able to communicate in an international environment LO3.2 : To produce clear, well organized written communication : LG3 : Graduates should be able to communicate in an international environment LO4.2 : To apply theories and key concepts in the field of the management of knowledge assets, technological progress and innovation : LG4 : Graduates should be able to manage in the global knowledge economy LO5.1 : To apply theories and major concepts of marketing, finance, human resource management, information systems, organization studies, law : LG5 : Graduates should be knowledgeable of the functional areas of business management and their integration LO6.1 : To analyze and apply advanced concepts in a specialized discipline : LG6 : Graduates should be able to think critically and to assess business issues in a - 9 -
Evaluation des étudiants Student Assessment Méthodes d enseignement Teaching Methods Plan de cours Course Plan Bibliographie References Site(s) web Web sites specialized discipline LO6.2 : To assess a business issue and formulate solutions in a specialized discipline : LG6 : Graduates should be able to think critically and to assess business issues in a specialized discipline Cours soumis à évaluation dans le cadre de l Assurance of Learning pour l année en cours? Evaluation finale (DS) Final examination 50 % Non No (Précisez la nature pour l'évaluation finale Explain type for final examination) QCM - Quizz, Etude de cas - Case study Contrôle continu Continuous Assessment 50 % préciser nature Explain type QCM - Quizz 0 % Etude de cas - Case study 0 % Présentation orale - Presentation 40 % Rapport écrit Dissertation - Report Dissertation 40 % Participation - Class participation 20 % Examen intermédiaires - Mid-term examination 0 % Autre - Others 0 % Format de cours Course format Cours magistral Lecture Activités d apprentissage Learning activities Nb midterms : 0 Cours interactifs Interactive lectures - Projet Project-based learning - Etudes de cas Case studies The course will have three components: A. Lectures: 1. Understanding innovation and value. Types and degrees of innovation; market stages & adoption cycles; service innovation and idea generation. 2. Strategic marketing: innovation and value for whom? Segmentation, targeting and positioning. 3. The new marketing mix and the 7 Ps. 4. Exploring value and meaning: personal and social. B.TDsProject groups: students will be involved in project-based learning over 5 sessions: identifying a market opportunity; generating and testing a new productservice idea for a specific target audience; exploring the market and its value drivers; understanding the competition and their relative positioning; developing a positioning and way-to-market strategy. C. Online resources: Insight into value creation; case study - innovation at LEGO; company interviews; understanding and managing different types of value: services, experiences, entertainment, sharing... Kotler P. and Armstrong G. (2009) Principles of Marketing, Prentice Hall; 13 edition. Mooradian T. A., Matzler K., Ring L. J. (2012) Strategic marketing, Person, international edition Roger Best (2012), Market-Based Management: International Version, Person, international edition Additional reading suggestions will be provided on the Knowledge platform A selection of useful links will be provided on the Knowledge platform Modalités de délivrance du cours (par campus si différent) - 10 -
Nombre CM Amphi Number of Lectures Durée CM Amphi (en heures) Lecture duration (in Course delivery modes (per campus if different) Nombre TD Number of Tutorial classes Durée TD (en heures) Tutorial class duration (in Campus Autres (Distance learning, etc ) (en heures) Other (in 4 3 5 3 3 Préciser les spécificités de programmation (TD journée, cadencement spécifique des séances) Specify if full-day tutorial class, different schedules The type of delivery may be different on international campuses - 11 -
ORGANIZATION & MANAGEMENT Code du cours Course Code PGE.FINM1.HRCOR.0310 (fall) PGE.FINM1.HRCOR.0312 (spring) PGE.FINM1.HRCOR.0311 (fall US) PGE.FINM1.HRCOR.0316 (spring US) Crédits Credits 5 Charge de travail Student workload Programme Program Départements Department Face à Face Contact hours Nom du cours Course name ORGANIZATION & MANAGEMENT Période d'enseignement Teaching period Distanciel Distance learning Fall Autonomous personal &or team work Evaluation Durée totale Total 30 0 0 0 30 M1 ABM France Dept. Management, Leadership & Organization Module - Type de cours Course type Campus Course open to students in exchange core Belo Horizonte, Lille, Paris, Raleigh, Sophia, Suzhou Exchange students allowed Langue d'enseignement Teaching language Anglais English If other Pré-Requis Prerequisite Responsable du cours Course leader Nom des intervenants par campus Instructor(s) names by campus Sociologie L3 Belo Horizonte BACHA Eliane Lille Amine EZZEROUALI - Eliane BACHA Paris Eliane BACHA Sophia Suzhou Raleigh Other Descriptif du cours This course focuses on some principles and practices used in management and organization. The aim of the course is to equip students with the necessary knowledge to understand management theories, analyze organizations and help their future - 12 -
Course description organizations in becoming more efficient. Hence, this course is designed to improve your effectiveness as a future manager and leader. Thémes Topics The course is built around three main topics which are Management and Managers, Management and Organizations and, finally Integrative Managerial Issues. Résultats d apprentissage Intended Learning Outcomes and Skills Contribution aux objectifs pédagogiques du programme Contribution to learning objectives Evaluation des étudiants Student Assessment Méthodes d enseignement Teaching Methods A l issue de la formation, vous serez capable de As a result of this module, you will be able to: Connaissances Knowledge and Understanding (subject specific) To understand how an organization fucntions- To define the role of the leader- To understand the different organizational structure and design Aptitudes cognitives Cognitive skills To demonstrate an understanding of the theories and concepts of management and organization Attitudes Key transferable skills To be aware that several factors can impact the performance of the organization Ethical and social understanding To be an ethical and responsible manager Indiquer les learning objectives auxquels contribue le cours (en se basant sur le curriculum mapping du programme) Indicate which learning objectives the course contributes to (based on the program curriculum mapping) LO5.1 : To apply theories and major concepts of marketing, finance, human resource management, information systems, organization studies, law : LG5 : Graduates should be knowledgeable of the functional areas of business management and their integration Cours soumis à évaluation dans le cadre de l Assurance of Learning pour l année en cours? Autre - Others Evaluation finale (DS) Final examination - 13-60 % Oui Yes (Précisez la nature pour l'évaluation finale Explain type for final examination) Contrôle continu Continuous Assessment 40 % préciser nature Explain type QCM - Quizz 0 % Etude de cas - Case study 0 % Présentation orale - Presentation 75 % Rapport écrit Dissertation - Report Dissertation 0 % Participation - Class participation 25 % Examen intermédiaires - Mid-term examination 0 % Autre - Others 0 % Format de cours Course format Cours magistral Lecture - TD Tutorials Activités d apprentissage Learning activities Cours interactifs Interactive lectures - Devoirs Assignments Nb midterms : 0 Plan de cours Chapter 1: Introduction to Management & Managers- Chapter 2: Leadership- Chapter 3:
Course Plan Understanding groups- Chapter 4: Motivation- Chapter 5: Foundations of organizational design- Chapter 6: Contemporary organizational designs- Chapter 7: Introduction to Managing Human Resources- Chapter 8: Managing change- Chapter 9: Managing social responsibility and ethics- Chapter 10: Managing in a global environment Bibliographie References Site(s) web Web sites Nombre CM Amphi Number of Lectures Durée CM Amphi (en heures) Lecture duration (in Modalités de délivrance du cours (par campus si différent) Course delivery modes (per campus if different) Nombre TD Number of Tutorial classes Durée TD (en heures) Tutorial class duration (in Campus Autres (Distance learning, etc ) (en heures) Other (in 5 3 5 3 0 Préciser les spécificités de programmation (TD journée, cadencement spécifique des séances) Specify if full-day tutorial class, different schedules - 14 -
OPERATION & INFORMATION SYSTEMS Code du cours Course Code PGE.FINM1.ISCOR.0703 (fall) PGE.FINM1.ISCOR.0701 (spring) Crédits Credits 5 Charge de travail Student workload Programme Program Départements Department Face à Face Contact hours Nom du cours Course name OPERATION & INFORMATION SYSTEMS Période d'enseignement Teaching period Distanciel Distance learning Fall Autonomous personal &or team work Evaluation Durée totale Total 30 0 68 2 30 M1 ABM France Dept. Management of projects, Information Systems and Supply Chains Module - Type de cours Course type Campus Course open to students in exchange core Belo Horizonte, Lille, Paris, Raleigh, Sophia, Suzhou Exchange students allowed Langue d'enseignement Teaching language Anglais English If other Pré-Requis Prerequisite Responsable du cours Course leader Nom des intervenants par campus Instructor(s) names by campus NA Belo Horizonte AUGIER Marc Lille Marc AUGIER - Lapo MOLA Paris Joanne LIM - Marc AUGIER Sophia Marc AUGIER Suzhou Raleigh Other Descriptif du cours Course description This course is an introduction course to Management of Information Systems and Supply Chain Management. Information systems are an integral part of modern organizations. Managers increasingly use them to provide and deliver products and services, create competitive advantage, and manage global corporations. Professional managers, regardless of their functional business role, must have a solid grounding in the fundamentals of IS and the organizational implications of the use of IS to perform their jobs effectively. - 15 -
Other objective is to give a comprehensive global views of the issues & techniques of Management Information Systems and Supply Chain Management. During the course labs, we will use MS Access in order to provide students with some hands on experience about the basic IT fundamentals of IS, more specifically focus towards Data Base Management Systems and their role centralizing information and processes. Thémes Topics Management of Information Systems, Data Base Management and Big Data, Digital Business, Supply Chain Management, Operations Management. Résultats d apprentissage Intended Learning Outcomes and Skills Contribution aux objectifs pédagogiques du programme Contribution to learning objectives A l issue de la formation, vous serez capable de As a result of this module, you will be able to: Connaissances Knowledge and Understanding (subject specific) Know how to situate the information systems on the corporate management system, Understand tactical (methodological principles, project management...) and strategic dimensions of information systems, operations and purchase management. Understand tactical & operational aspect of supply chain Aptitudes cognitives Cognitive skills Analyze the impact of the implementation of an information system in an organization in terms of: -strategy -management -organization -security -supply chain management Attitudes Key transferable skills Understand how Information systems are used to support decision making Understand why Operations is one of the most important function within management area. Ethical and social understanding Analyze the impact of the implementation of an Enterprise system in an organization in terms of privacy and collection of personal data, for their customers and employees. Indiquer les learning objectives auxquels contribue le cours (en se basant sur le curriculum mapping du programme) Indicate which learning objectives the course contributes to (based on the program curriculum mapping) LO1.1 : To recognize potential ethical dilemmas : LG1 : Graduates should behave as responsible managers in order to deliver sustainable performance in complex environments LO3.1 : To produce clear, well organized verbal presentations : LG3 : Graduates should be able to communicate in an international environment LO3.2 : To produce clear, well organized written communication : LG3 : Graduates should be able to communicate in an international environment LO5.2 : To analyze how integration of input from various functional areas of business act to influence the formulation of strategy at the organizational level : LG5 : Graduates should be knowledgeable of the functional areas of business management and their integration Cours soumis à évaluation dans le cadre de l Assurance of Learning pour l année en cours? Evaluation des Evaluation finale (DS) 50 % - 16 - Oui Yes
étudiants Student Assessment Méthodes d enseignement Teaching Methods Plan de cours Course Plan Bibliographie References QCM - Quizz Final examination (Précisez la nature pour l'évaluation finale Explain type for final examination) Contrôle continu Continuous Assessment 50 % préciser nature Explain type QCM - Quizz 0 % Etude de cas - Case study 40 % Présentation orale - Presentation 40 % Rapport écrit Dissertation - Report Dissertation 0 % Participation - Class participation 20 % Examen intermédiaires - Mid-term examination 0 % Autre - Others 0 % Format de cours Course format Cours magistral Lecture - TD Tutorials Activités d apprentissage Learning activities Nb midterms : 0 Cours interactifs Interactive lectures - Etudes de cas Case studies - Personal guided study - Devoirs Assignments Session 1 - Introduction to Management Information Systems, and the strategic role of Information Systems Session 2 - Data Base Management, Foundation of Business Intelligence and Big Data Session 3 - Operations and Enterprise Application Systems Session 4 - IT infrastructure and Security Session 5 - Ethics and Intellectual property in a Digital world, The future of digital business Management Information Systems: Managing the Digital Firm, Laudon and Laudon. Chopra, S. and Meindl, P. (2013). Supply Chain Management: Strategy, planning and operation. Pearson Prentice Hall: Pearson Education Site(s) web Web sites Last up to date information about the course will be provided online at http:knowledge.skema.educoursesopesi (open to all registered users of the platform). Nombre CM Amphi Number of Lectures Durée CM Amphi (en heures) Lecture duration (in Modalités de délivrance du cours (par campus si différent) Course delivery modes (per campus if different) Nombre TD Number of Tutorial classes Durée TD (en heures) Tutorial class duration (in Campus Autres (Distance learning, etc ) (en heures) Other (in 0 0 0 0 0 Préciser les spécificités de programmation (TD journée, cadencement spécifique des séances) Specify if full-day tutorial class, different schedules - 17 -
- 18 -
CORPORATE FINANCE Code du cours Course Code PGE.FINM1.FICOR.0503 (fall) PGE.FINM1.FICOR.0507 (spring) PGE.FINM1.FICOR.0506 (fall US) PGE.FINM1.FICOR.0510 (spring US) Crédits Credits 5 Charge de travail Student workload Programme Program Départements Department Face à Face Contact hours Nom du cours Course name CORPORATE FINANCE Période d'enseignement Teaching period Distanciel Distance learning Fall Autonomous personal &or team work Evaluation Durée totale Total 30 0 30 3 30 M1 ABM France Dept. Accounting and Finance Module - Type de cours Course type Campus Course open to students in exchange core Belo Horizonte, Lille, Paris, Raleigh, Sophia, Suzhou Exchange students allowed Langue d'enseignement Teaching language Anglais English If other Pré-Requis Prerequisite Responsable du cours Course leader Nom des intervenants par campus Instructor(s) names by campus None Belo Horizonte Patricia Girod Lille Paris GROSLAMBERT Bertrand Sophia Bertrand GROSLAMBERT Suzhou Raleigh Other Descriptif du cours Our objective is to bring students to develop a rigorous analytical framework of the major investment and financing decisions. In particular, we will shed lights on the interest rates and the investment valuation. We will focus on different ways of financing between equity, - 19 -
Course description Thémes Topics Résultats d apprentissage Intended Learning Outcomes and Skills debt. Then, we present the relationship between risk, return and the cost of financing. Investment valuation, Financing tools (shares and bonds), Risk and return (cost of capital) A l issue de la formation, vous serez capable de As a result of this module, you will be able to: Connaissances Knowledge and Understanding (subject specific) Aptitudes cognitives Cognitive skills Attitudes Key transferable skills Ethical and social understanding Contribution aux objectifs pédagogiques du programme Contribution to learning objectives Evaluation des étudiants Student Assessment Méthodes d enseignement Teaching Methods Plan de cours Course Plan Indiquer les learning objectives auxquels contribue le cours (en se basant sur le curriculum mapping du programme) Indicate which learning objectives the course contributes to (based on the program curriculum mapping) LO5.1 : To apply theories and major concepts of marketing, finance, human resource management, information systems, organization studies, law : LG5 : Graduates should be knowledgeable of the functional areas of business management and their integration Cours soumis à évaluation dans le cadre de l Assurance of Learning pour l année en cours? QCM - Quizz Evaluation finale (DS) Final examination - 20-60 % Oui Yes (Précisez la nature pour l'évaluation finale Explain type for final examination) Contrôle continu Continuous Assessment 40 % préciser nature Explain type QCM - Quizz 100 % Etude de cas - Case study 0 % Présentation orale - Presentation 0 % Rapport écrit Dissertation - Report Dissertation 0 % Participation - Class participation 0 % Examen intermédiaires - Mid-term examination 0 % Autre - Others 0 % Format de cours Course format Cours magistral Lecture - TD Tutorials Activités d apprentissage Learning activities Devoirs Assignments INTRODUCTION Introduction and refresher course PART 1 : INVESTMENT VALUATION (3 h Lecture + 4,5 h Tutorial) 1. The time value of money and net present value 1.1. Capitalisation Nb midterms : 1
1.2. Discounting 1.3. Present value and net present value of a financial security 1.4. The NPV decision rule 1.5. What does net value depend on? 1.6. Some examples of simplification of present value calculations (without CF rise at different rate) 2. The internal rate of return 2.1. How is internal rate of return determined? 2.2. Some more financial mathematics : interest rate and yield to maturity 3. Incremental cash flows and an other investment criterion 3.1. The predominance of NPV and the importance of IRR 3.2. The main lines of reasoning 3.3. Which cash flow are important? 3.4. An other investment criterion PART 1 reading requirements : Corporate Finance, Vernimmen 2011 (3rd edition), Chapter 16, p. 278-294 Corporate Finance, Vernimmen 2011 (3rd edition), Chapter 17, p. 295-212 Corporate Finance, Vernimmen 2011 (3rd edition), Chapter 29, p. 551-568 PART 1 personal work : Set of exercises in the ppt file PART 1 documents : Ppt file on SKEMA website PART 2 : MAJOR FINANCING TOOLS : SHARES AND BONDS (3 h Lecture + 3 h Tutorial) 1. Shares 1.1. Basics concepts 1.2. Price Earnings ratio 1.3. Key market data 2. Bonds 2.1. Basics concepts 2.2. The yield to maturity 2.3. Floating-rate bonds 2.4. Medium term notes 2.5. Default risk and the role of rating PART 2 reading requirements : Corporate Finance, Vernimmen 2011 (3rd edition), Chapter 23, p. 418-438 Corporate Finance, Vernimmen 2011 (3rd edition), Chapter 21, p. 380-406 PART 2 personal work : Set of exercises in the ppt file PART 2 documents : Ppt file on SKEMA website PART 3 : RISK, RETURN, COST OF EQUITY AND COST OF CAPITAL (3 h Lecture + 4 h Tutorial) 1. Risk and return 1.1. Sources of risk 1.2. Risk and fluctuation in the value of a security 1.3. Tools for measuring return and risk 1.4. How diversification reduces risk 2. Cost of equity 2.1. Return required by investors : the CAPM 2.2. Properties of the CAPM 3. From the cost of equity to the cost of capital 3.1. Weighted average cost of capital PART 3 reading requirements : - 21 -
Bibliographie References Site(s) web Web sites Corporate Finance, Vernimmen 2011 (3rd edition), Chapter 18, p. 313-246 Corporate Finance, Vernimmen 2011 (3rd edition), Chapter 19, p. 347-365 Corporate Finance, Vernimmen 2011 (3rd edition), Chapter 30, p. 569-586 PART 3 personal work : Set of exercises and a case study in the ppt file PART 3 documents : Ppt file on SKEMA website A set of exercises and questions is available on the book website : http:www.vernimmen.com. The book is also available on Scholarvox by Cyberlibris. The SKEMA s Mediatheque gives you the opportunity to consult the book freely at the following address : http:mediatheque.skema.eduindex.php?id=408 1) Corporate Finance Theory and Practice, P. Vernimmen, John Wiley & Sons, 2011, 3rd edition Available freely on Scholarvox by Cyberlibris at http:mediatheque.skema.eduindex.php?id=408 2) Corporate Finance - J. Berk and P. DeMarzo, Pearson Education, 2011. Http:skema.lms.crossknowledge.comdatamodulescrossknowledgeinterfacesindex.php http:www.vernimmen.com http:mediatheque.skema.eduindex.php?id=408 http:knowledge.skema.edu Nombre CM Amphi Number of Lectures Durée CM Amphi (en heures) Lecture duration (in Modalités de délivrance du cours (par campus si différent) Course delivery modes (per campus if different) Nombre TD Number of Tutorial classes Durée TD (en heures) Tutorial class duration (in Campus Autres (Distance learning, etc ) (en heures) Other (in 10 1.5 10 1.5 0 Préciser les spécificités de programmation (TD journée, cadencement spécifique des séances) Specify if full-day tutorial class, different schedules - 22 -
SUSTAINABLE PERFORMANCE Code du cours Course Code PGE.FINM1.STCOR.0802 (fall) PGE.FINM1.STCOR.0807 (spring) Crédits Credits 3 Charge de travail Student workload Programme Program Départements Department Face à Face Contact hours Nom du cours Course name SUSTAINABLE PERFORMANCE Période d'enseignement Teaching period Distanciel Distance learning Fall Autonomous personal &or team work Evaluation Durée totale Total 18 0 0 0 18 M1 ABM France Dept. Stratégy, Entrepreneurship and Economics Module - Type de cours Course type Campus Course open to students in exchange core Lille, Paris, Sophia Exchange students allowed Langue d'enseignement Teaching language Anglais English If other Pré-Requis Prerequisite Responsable du cours Course leader Nom des intervenants par campus Instructor(s) names by campus None Belo Horizonte Lille Paris Sophia Suzhou Raleigh Other SEMPELS Christophe Descriptif du cours Course description Rather than explaining sustainable develpment by using theories or classical classes and cases, this course will ask you to design an innovative sustainable project by team, to promote it and to be able to crowdfund it through a real entrepreneurial platform. You will therefore need first to understand the key challenges around sustainability and the way it relates to innovation. you will then need to imagine, design and document a strong innovative and sustainable idea you will then promote on a real platform. The goal is then to launch a crowdfunding campaign to allow a community of entrepreneurs - - 23 -
maybe you - to find a solution to your idea and implement it in the real life... then getting the money at stake. It is therefore the market that will indicate if your idea is relevant and innovative... or not. Thémes Topics Résultats d apprentissage Intended Learning Outcomes and Skills Contribution aux objectifs pédagogiques du programme Contribution to learning objectives Evaluation des étudiants Student Assessment Méthodes Sustainability, innovation, crowdfunding, problem solving approach A l issue de la formation, vous serez capable de As a result of this module, you will be able to: Connaissances Knowledge and Understanding (subject specific) Design an innovative and sustainable idea, structure it and introduce it to a community you will then need to manage and interact with to crowdfund your project Aptitudes cognitives Cognitive skills Connect sustainability with innovation Discover innovative funding approach Understand the power of the crowd when solving appealing challenges Attitudes Key transferable skills Responsible, creative, adventurer, social andor business transformer Ethical and social understanding Just realise you can really improve the world by doing a business that may create financial and non financial value Indiquer les learning objectives auxquels contribue le cours (en se basant sur le curriculum mapping du programme) Indicate which learning objectives the course contributes to (based on the program curriculum mapping) LO1.1 : To recognize potential ethical dilemmas : LG1 : Graduates should behave as responsible managers in order to deliver sustainable performance in complex environments LO1.2 : To select the best course of action to follow in order to behave as responsible managers : LG1 : Graduates should behave as responsible managers in order to deliver sustainable performance in complex environments Cours soumis à évaluation dans le cadre de l Assurance of Learning pour l année en cours? Autre - Others Evaluation finale (DS) Final examination 0 % Non No (Précisez la nature pour l'évaluation finale Explain type for final examination) Contrôle continu Continuous Assessment 0 % préciser nature Explain type QCM - Quizz 0 % Etude de cas - Case study 0 % Présentation orale - Presentation 0 % Rapport écrit Dissertation - Report Dissertation 0 % Participation - Class participation 0 % Examen intermédiaires - Mid-term examination 0 % Autre - Others 100 % Format de cours Course format Nb midterms : 0-24 -
d enseignement Teaching Methods Plan de cours Course Plan elearning - TD Tutorials Activités d apprentissage Learning activities Projet Project-based learning No plan, just an amazing and extraordinary adventure to live Bibliographie References Site(s) web Web sites http:oslantis.com www.movilab.org Nombre CM Amphi Number of Lectures Durée CM Amphi (en heures) Lecture duration (in Modalités de délivrance du cours (par campus si différent) Course delivery modes (per campus if different) Nombre TD Number of Tutorial classes Durée TD (en heures) Tutorial class duration (in Campus Autres (Distance learning, etc ) (en heures) Other (in 0 0 0 0 0 Préciser les spécificités de programmation (TD journée, cadencement spécifique des séances) Specify if full-day tutorial class, different schedules - 25 -