Programs
DISCOVER THE MASTER’S DEGREE PROGRAMS
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Languages
All teaching is in English. Students who have reached C1 level in their respective second languages can take a 3rd language from the following list:
Dutch, German, Spanish, Italian.
An Erasmus stay of one semester is organized for students in the 1st year of their Master’s degree.
The Portfolio
An original and innovative teaching and learning structure
The skills portfolio offers students intensive workshops concentrating on the acquisition of transversal skills such as:
searching for information,
negotiating,
ability to work in teams
These workshops are organized for very small groups of students, starting from the 2nd year of the Bachelor’s degree. They will be given by several trainers, including:
experts in different skills areas
teachers from other faculties and schools (University Theatre, political sciences, law, etc.)
professionals from within companies
Etc
The workshops taken and the skills acquired during them will be part of the diploma obtained by the students, in the form of a document attached to the diploma.
Master’s degree in Management Sciences
The following transversal University skills are necessary for the proper development of a career in the economic world, in a company or in professional organizations:
language proficiency: English and at least one other language;
adaptability in a professional context: flexibility and a capacity for continuous learning;
intellectual curiosity, openness to the world;
anchoring in the real world;
the capacity for communication, teamwork and leadership;
personal investment, work ethic, building an individual course/career path;
creativity and a spirit of entrepreneurship
Furthermore:
thorough knowledge of the basic management disciplines at a level sufficient to embark on a professional career either as a generalist or a specialist in one of these disciplines;
thorough mastery of a competency or a specific area of specialization sufficient to present a specialist profile, for example when looking for a job, or in view of a specialization or a later research career;
Foreign languages: English (at a level corresponding to the international norm C1) and one other language (at a minimum level of B2);
understanding of the way in which companies function and current economic issues at stake;
capacity to utilize the knowledge gained in the framework of a complex practical situation, to rigorously analyze the situation encountered and to propose relevant solutions;
acquisition of a solid knowledge base in order to fulfill, in organizations, the role of economic expert open to the major issues of society and governance: international economy, international economy, monetary economy, public economy, econometrics, etc.
A three-week seminar is destined for this Master's students:
Accenture Chair in Sustainable Strategy
Specializations choices
Banking and Asset Management |
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The specialized Masters in "Banking and Asset Management", entirely taught in English, is a vast but nevertheless technically specialized program, which is built around the main themes involved in the management of financial institutions and markets. It aims to give students precise knowledge of the key principles of market finance, as well as the newest and most complex calculation and optimization procedures necessary to master the use of financial instruments currently on the market. The accent is placed on the application of these principles and methods by the students rather than on theoretical developments. This specialization is offered to students who are attracted by a wide variety of jobs in the field of market finance and want to create varied career opportunities for themselves by choosing a study program which allows them to immediately enter professional life. The following competencies are acquired by the end of this specialization:
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Human Management and Organization |
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Through the specialization "Human Management and Organization", students can acquire the following skills:
The specialization will therefore put the accent on developing strategic thinking, on the structure of HRM and the organization of work in the other basic management disciplines, on the development and use of dashboards and management indicators which can be used in strategic decision making, on the use of IT systems (e-HRM), etc. There will be a great deal of interconnection between the projects and research topics of professors in this subject area, the internships and thesis projects of students, in line with the peaks of excellence approach. An annual meeting will be organized with representatives of the ADP (Liege Association of Human Resource Managers) to determine which subjects are of interest to their members. Every year, the ADP awards a prize to the best thesis project. Furthermore, students can get involved in two annual seminars organized in conjunction with the ADP.
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Financial analysis and Audit |
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The "Financial Analysis & Audit" option aims to train future company and organization directors and managers who will be specialized in the professions linked to both internal and external auditing of organizations. With a transversal, global vision of the different professions and functions that coexist within businesses, these specialists understand the techniques of accounting, finance, audit and law necessary to appreciate the risks involved in the daily life of organizations. They are capable of judging the relative size of those risks in relation to the competitive, strategic, and economic context in which these organizations operate. Their knowledge of the legal, regulatory, and ethical framework which governs the functioning of enterprises also allows them to develop internal and external auditing systems for managing the identified risks, and to assure their long-term application.
Targeted competencies from two complementary areas: In terms of technical competencies, students are expected to master the technical concepts and principles of general and financial accounting, management accounting, management auditing, external and internal control and audit, company law and public economics law, company and organization taxation, information and governance systems. They are also expected to understand the close interaction between these different concepts and techniques and to have a perfect grasp of the strategic, ethical, legal and economic contexts within which these organizations operate. In terms of behavioral competencies, in addition to all the other basic skills expected of all managers, these students are particularly required to develop a global, transversal vision of the way an organization functions, through a combination of field experience and more conceptual training. They are also required to develop strong written and verbal communication skills, based on an ability to listen and to discuss with actors in the field. |
Strategic Intelligence & Marketing |
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In a hyper-competitive context, businesses and organizations must imperatively develop strong competitive advantages which they must then also market effectively. Furthermore, in the sea of information, those who can extract relevant data and know what to do with it will have a head start over their rivals. The same goes for people who know how to protect the data that concerns them. Responding to an emerging need of businesses and organizations (crucial nature of knowledge management and data protection, urgent need for innovation and creativity…) this subject aims to develop a contemporary vision of marketing and strategy, taking into account the IT revolution. The content of this specialization rests on the following pillars:
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Management of social enterprises |
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The "Management of Social Enterprises" option gives management science students the opportunity to acquire skills which are common to all the options of the Masters in Management Sciences, whilst at the same time fostering the development of skills useful in social enterprises and, more broadly, teaching them to consider the social, ethical and environmental aspects at the very heart of economic activity. "Management of Social Enterprises" aims to teach students:
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Entrepreneurship (HEC-ULg Entrepreneurs) |
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Hands-on training directed towards enterprise, HEC-ULg Entrepreneurs is characterized by its practical learning and teaching methods which are unique in Belgium, and is entirely structured around and complementary to Belgian and foreign enterprises. Indeed, entrepreneurship requires above all an attitude, a cultural sense, and an approach to life which is all about business. Although the participants operate in a university framework, this program allows them contact with the professional world. Through in-company missions throughout the year, students are supported by entrepreneurs who are very involved with the program. The transfer of experience is therefore accompanied by a transfer of interpersonal skills, indispensable to launching a professional career with any serious chance of success. HEC-ULg Entrepreneurs is:
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The Teaching Option
This includes the pedagogic training in preparation for senior secondary school teaching. Students who do not immediately choose the teaching option but who have completed another option and then decide to lean towards a teaching career, can re-sit just the 30 specific credits of the teaching option, without having to re-do a final assessment project.
Master’s degree in Management Sciences - Evening Courses
Why?
Many young graduates acquire advanced technical knowledge in their specialty during their studies at university. However, they rarely have the business and team management tools which would allow them to respond better to the demands of the employment market or to create their own business.
This program gives them complete management training, a global vision of business and updates their knowledge in the key fields of management. It gives them management techniques which maximize their efficiency and ability to take on new responsibilities.
How?
The training uses active and pragmatic methods: interactive workshops in small groups, case studies, e-learning… These methods aim to give students the tools of the trade, but also aims to teach them how to use those tools. To ensure high-quality training, HEC-ULg has chosen teachers recognized for their first-class scientific and teaching skills, and specialists in the field whose daily professional activities ensure the constant updating of knowledge.
Master’s degree in Economic Sciences
The following transversal University skills are necessary for the proper development of a career in the economic world, in a company or in professional organizations:
language proficiency: English and at least one other language;
adaptability in a professional context: flexibility and a capacity for continuous learning;
intellectual curiosity, openness to the world;
anchoring in the real world;
the capacity for communication, teamwork and leadership;
personal investment, work ethic, building an individual course/career path;
creativity and a spirit of entrepreneurship.
Furthermore:
thorough knowledge of the basic management disciplines at a level sufficient to embark on a professional career either as a generalist or a specialist in one of these disciplines;
thorough mastery of a competency or a specific area of specialization sufficient to present a specialist profile, for example when looking for a job, or in view of a specialization or a later research career;
Foreign languages: English (at a level corresponding to the international norm C1) and one other language (at a minimum level of B2);
understanding of the way in which companies function and current economic issues at stake;
capacity to utilize the knowledge gained in the framework of a complex practical situation, to rigorously analyze the situation encountered and to propose relevant solutions;
acquisition of a solid knowledge base in order to fulfill, in organizations, the role of economic expert open to the major issues of society and governance: international economy, international economy, monetary economy, public economy, econometrics, etc.
Specializations choices
Economic Analysis and Public Govermance |
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Economic Analysis and Public GovernanceEnterprises and governments have to take routine or strategic decisions on a daily basis in a globalized environment where technology changes ever faster. Thanks to new information technologies, these enterprises and governments are inundated daily with qualitative and quantitative data relating to markets, consumer behavior, and/or to business results which company directors and political leaders must understand, utilize or ignore. The economist's training aims to allow him or her to digest this abundance of information and render it intelligible and useful. The "Economic Analysis and Public Governance" specialist option aims to give students high-level training in economic analysis and quantitative methods, in order to offer strategic solutions for the growth and governance of companies, NGOs, or public institutions. The training given to students aims to provide them with rigorous summary and analysis methods based on modeling and econometric techniques. In addition, students can take in-depth courses in:
During their course, students will undertake an internship, write an internship report and complete a final assessment project on the same subject. This specialization in a precise field of study should allow students to use the knowledge they have acquired to develop in-depth expertise. This expertise will be a stand-out advantage when attending job interviews. Career Outcomes: The "Economic Analysis and Public Governance" option prepares students for jobs as managers and directors in:
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Economics and Finance |
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The recent financial crisis has highlighted the important role played by financial markets in our modern economies. It has particularly revealed our insufficient knowledge and control of the strong interconnection between the financial sector and economic growth. The "Economics and Finance" specialized option aims to offer students dual training in economics and finance, in order to supply the financial sector and indeed other sectors (commercial or non-commercial) with professionals who possess this double skill set. The training given to students aims to provide them with rigorous summary and analysis methods based on modeling and econometric methods. In addition students must take in-depth courses in:
During their course, students will undertake an internship, write an internship report and complete a final assessment project on the same subject. This specialization in a precise field of study should allow students to use the knowledge they have acquired to develop in-depth expertise. This expertise will be a stand-out advantage when attending job interviews. Career Outcomes: The "Economics and Finance" option prepares students for jobs as managers and directors in:
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The Teaching Option
This includes the pedagogic training in preparation for senior secondary school teaching. Students who do not immediately choose the teaching option but who have completed another option and then decide to lean towards a teaching career, can re-sit just the 30 specific credits of the teaching option, without having to re-do a final assessment project.
Master in business engineering
The following transversal University skills are necessary for the proper development of a career in the economic world, in a company or in professional organizations:
language proficiency: English and at least one other language;
adaptability in a professional context: flexibility and a capacity for continuous learning;
intellectual curiosity, openness to the world;
anchoring in the real world;
the capacity for communication, teamwork and leadership;
personal investment, work ethic, building an individual course/career path;
creativity and a spirit of entrepreneurship
Furthermore:
thorough knowledge of the basic management disciplines at a level sufficient to embark on a professional career either as a generalist or a specialist in one of these disciplines;
thorough mastery of a competency or a specific area of specialization sufficient to present a specialist profile, for example when looking for a job, or in view of a specialization or a later research career;
Foreign languages: English (at a level corresponding to the international norm C1) and one other language (at a minimum level of B2);
understanding of the way in which companies function and current economic issues at stake;
capacity to utilize the knowledge gained in the framework of a complex practical situation, to rigorously analyze the situation encountered and to propose relevant solutions;
acquisition of a solid knowledge base in order to fulfill, in organizations, the role of economic expert open to the major issues of society and governance: international economy, international economy, monetary economy, public economy, econometrics, etc.
A three-week seminar is destined for this Master's students:
Accenture Chair in Sustainable Strategy
Specializations
Supply Chain Management |
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The Masters with a specialization in "Supply Chain Management" (SCM) is aimed at second-year students who want to expand their understanding of the management processes put in place by enterprises and organizations in order to best achieve their "raison d’être", in other words the production and distribution of goods and services. A range of in-depth courses examines production methods, stock control, transport and distribution management, decision making models, enterprise resource planning (ERP) business software, quality management, industrial strategy, the problems and possibilities linked to the environment, e-commerce, etc. The course program also deepens students' basic knowledge of the different management processes which underpin and interact with production and logistics operations, especially analytical accounting, corporate finance, IT management systems, marketing and human resources management.
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Financial Engineering |
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This specialist Masters is entirely taught in English, uses a strongly quantitative approach, and aims to give students high-level competencies in the modeling of markets and financial instruments.
The objective is to teach students the methods and techniques required to participate actively in the creation, management and control of financial products and services with high levels of added scientific and technical value. The training is based on a thorough understanding of the concepts and frameworks and on the possibility of using them in new contexts. This specialization is for students who are attracted to high profile jobs in the field of quantitative finance and are willing to constantly improve their knowledge through continuing education in the fields of mathematical finance and actuarial sciences.
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Performance Management Systems |
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The "Performance Management Systems" option aims to train future company and organization managers and directors, who will be specialized in professions related to financial and global management of businesses and organisms of all types, and who will need to constantly optimize the performance of these. These specialists have a transversal, global vision of the various professions and positions that coexist in businesses. They are familiar with the accounting, financial, auditing and legal techniques required to have a good understanding of the way in which the organization manages its human, technical, financial and intangible resources, for which they are responsible, with the aim of optimizing the use of resources which are inevitably limited. They are also capable of gauging the relative importance and the development of these resources as regards the legal, regulatory, and ethical constraints imposed by the competitive, strategic, and economic context in which these organizations operate. As a result, they are capable of developing the procedures, processes and mechanisms necessary for successful piloting in the medium and long term.
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HEC-ULG Intrapreneurs |
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This action-training focuses on steering complex projects within a business, i.e., multi-faceted strategic projects, in various domains (finance, information systems, human resources, marketing, supply chain, etc.). Based on an inductive approach using problem-based learning, it consists of a full year of alternating between Company and University in order to achieve a better connection between academic and professional demands. It has the following objectives:
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