Study Programmes 2017-2018
Cycle view of the study programmeBlOrThPrOtCr
Compulsory courses (B1 : 25Cr, B2 : 29Cr)
 GEST3752-1B1Q130--5
 Change Management (english language) - Olivier Lisein
 FINA0050-1B1Q130--5
 Corporate Finance - Lectures and Seminars (english language) - Marie Lambert
 INFO2039-2B1Q130--5
 Management Information Systems (english language) - Ashwin Ittoo
 MQGE0005-5B1Q15
 Quantitative Methods in Management (english language)
  -15-- 
 Part : Operations Research - Yasemin Arda
  -15-- 
 Part : Statistics - Cédric Heuchenne
 MARK0781-2B1Q130--5
 Strategic Marketing Seminar (english language) - Zelal Ates, Anne-Christine   Cadiat, Cécile Delcourt, Michael Ghilissen, Jean Tondeur
 GPRO0002-1B2TA---5
 Portfolio of competence - Louis Esch, David Homburg
 GEST1076-1B2Q130--4
 Strategy and Sustainability - Seminar (english language) - Nathalie Crutzen, Marc Deschamps
 GTFE0013-1B2TA---20
 Final work - Collégialité
Optional courses (B1 : 35Cr, B2 : 31Cr)
Depending on his professional focus, the student will choose courses totalling 10 credits among : (B2 : 10Cr)
 GSTG0014-2B2Q2---10
 Internship - Collégialité
Notice : placement aimed at students with a professional focus in Banking and Asset Management, Financial Analysis and Audit, Marketing, Social Enterprise Management.
 GEST3759-1B2TA18-[+]10
 Strategic, Organizational and Information System Audits (english language) - Olivier Lisein - [200h AUTR]
Corequisite :
GEST3050-1 - Creativity and Design
GEST3764-1 - Innovation Project Definition and Development (partim II)
GEST3766-1 - Project and Change Management
GEST3767-1 - Consultant Roles and Responsibilities
Notice : students enrolled in the focus in Intrapreneurship and Management of Innovation Projects are asked to take the course "Strategic, Organizational and Information System Audits" for 10 ECTS as a replacement for the internship.
[...]Courses from the Master in management and/or Master in education-
Notice : students enrolled in the teaching focus are invited to replace the placement with a choice of courses from among all the courses in the Master in Management programme and/or a course from the Faculty of Psychology, Speech and Language Therapy, and Education's programme, with the agreement of the person in charge of the teaching focus.
Choose two courses out of the following : (B1 : 3Cr, B2 : 3Cr)
 DROI1310-1B1Q230--3
 Private International Law (english language)
 DROI0929-2B1Q130--3
 International and Belgian Taxation (english language) - Eric von Frenckell
Notice : The course DROI0929-2 is not accessible to students who passed a course of tax law
 LANG1945-1B2Q130--3
 Elementary German 2 - Sylvia Deroose
Prerequisite :
LANG1933-1 - Allemand élémentaire 1
 LANG1946-1B2Q130--3
 Elementary Spanish 2 - Véronique Peiffer
Prerequisite :
LANG1934-1 - Espagnol élémentaire 1
 LANG1948-1B2Q130--3
 Elementary Dutch 2 - Doris De Laet
Prerequisite :
LANG1936-1 - Néerlandais élémentaire 1
 GEST3050-1B2Q21850-3
 Creativity and Design
Corequisite :
GEST3759-1 - Strategic, Organizational and Information System Audits
GEST3764-1 - Innovation Project Definition and Development (partim II)
GEST3766-1 - Project and Change Management
GEST3767-1 - Consultant Roles and Responsibilities
Notice : this course is compulsory and only open to students of the professional focus in Intrapreneurship and Management of Innovation Projects
[...]Optional courses from the courses of the Master in management-
[...]Optional courses from the courses of the Master in management-
Choose one of the following courses : (B1 : 2Cr)
 GEST3030-1B1TA12--2
 Development of managerial skills - Jean-Marie Dujardin, Jocelyne Robert
 GEST3130-1B1Q212--2
 Managerial Skills Development (english language)
Notice : The course GEST3130-1 is only open to non-French speaking foreign students
Choisir 4 cours, dont au plus un cours de langue élémentaire niveau 1, parmi : (B1 : 12Cr)
 GEST3761-1B1Q218--3
 Business Ethics (english language) - Virginie Xhauflair
 GEST3762-1B1Q218--3
 Digital Business (english language) - André Blavier
 GEST3754-1B1Q118--3
 Entrepreneurship and Innovation (english language) - Zineb Aouni, Bernard Surlemont
 GEST3029-1B1Q218--3
 International Strategy (english language) - Nathalie Crutzen, Nicolas Neysen
[...]les étudiants ne peuvent mettre à leur programme de master qu'un cours de langue de niveau élementaire 13
 LANG1933-2B1Q230--3
 Elementary German 1 - Marie Mawhin
 LANG1934-2B1Q230--3
 Elementary Spanish 1 - Alexis Alvarez Barbosa
 LANG1936-2B1TA30--3
 Elementary Dutch 1 - Doris De Laet
Choose two courses out of the following : (B1 : 3Cr, B2 : 3Cr)
Notice : access to basic-level language courses is subject to a number of requirements - see the HEC regulations
[...]One level 4 course or basic level 13
 LANG1925-1B1Q230--3
 German 4 - Marie Mawhin
 LANG1926-1B1Q230--3
 Advanced German 4 - Sylvia Deroose
 LANG1927-1B1Q230--3
 Spanish 4 - Nicole Grutman
 LANG1928-1B1Q230--3
 Advanced Spanish 4 - Nicole Grutman, Véronique Peiffer
 LANG1929-1B1Q230--3
 Italian 4 - Christine Hanon
 LANG1930-1B1Q230--3
 Advanced Italian 4 - Christine Hanon
 LANG1931-1B1TA30--3
 Dutch 4 - Nicole Engelen
 LANG1932-1B1Q230--3
 Advanced Dutch 4 - Lutgarde Nachtergaele
 LANG1933-1B1Q230--3
 Elementary German 1 - Marie Mawhin
 LANG1934-1B1Q230--3
 Elementary Spanish 1 - Alexis Alvarez Barbosa
 LANG1936-1B1TA30--3
 Elementary Dutch 1 - Doris De Laet
 LANG1954-1B1Q230--3
 French beginner level 1 - ISLV, Marielle Maréchal
Notice : The course LANG1954-1 is only open to non-French speaking foreign students
[...]One level 5 course or basic level 23
 LANG1938-1B2Q130--3
 German 5 - Marie Mawhin
Prerequisite :
LANG1925-1 - Allemand 4
 LANG1939-1B2Q130--3
 Advanced German 5 - Sylvia Deroose
Prerequisite :
LANG1926-1 - Allemand avancé 4
 LANG1940-1B2Q130--3
 Spanish 5 - Nicole Grutman, Véronique Peiffer
Prerequisite :
LANG1927-1 - Espagnol 4
 LANG1941-1B2Q130--3
 Advanced Spanish 5 - Nicole Grutman
Prerequisite :
LANG1928-1 - Espagnol avancé 4
 LANG1942-1B2Q130--3
 Italian 5 - Christine Hanon
Prerequisite :
LANG1929-1 - Italien 4
 LANG1943-1B2Q130--3
 Advanced Italian 5 - Christine Hanon
Prerequisite :
LANG1930-1 - Italien avancé 4
 LANG1944-1B2Q130--3
 Dutch 5 - Nicole Engelen
Prerequisite :
LANG1931-1 - Néerlandais 4
 LANG1950-1B2Q130--3
 Advanced Dutch 5 - Lutgarde Nachtergaele
Prerequisite :
LANG1932-1 - Néerlandais avancé 4
 LANG1945-1B2Q130--3
 Elementary German 2 - Sylvia Deroose
Prerequisite :
LANG1933-1 - Allemand élémentaire 1
 LANG1946-1B2Q130--3
 Elementary Spanish 2 - Véronique Peiffer
Prerequisite :
LANG1934-1 - Espagnol élémentaire 1
 LANG1948-1B2Q130--3
 Elementary Dutch 2 - Doris De Laet
Prerequisite :
LANG1936-1 - Néerlandais élémentaire 1
 LANG1955-1B2Q130--3
 French beginner level 2 - ISLV, Marielle Maréchal
Prerequisite :
LANG1954-1 - French beginner level 1
Choose one focus from the following : (B1 : 15Cr, B2 : 15Cr)
Professional focus in Banking and Asset Management (B1 : 15Cr, B2 : 15Cr)
The Master in Management (Banking and Asset Management) program of HEC Liège has been accepted into the CFA Institute University Recognition Program. This status is granted to institutions whose degree program(s) incorporate at least 70% of the CFA Program Candidate Body of Knowledge (CBOK), which provide students with a solid grounding in the CBOK and positions them well to sit for the CFA exams. CFA Institute is the global association of investment professionals that sets the standard for professional excellence and administers the industry gold standard CFA charter. For more information, visit www.cfainstitute.org
 FINA0051-1B1Q230--5
 Banking and Insurance (english language) - Fabien Boniver, Georges Hübner
 FINA0052-1B1Q230--5
 Financial Derivatives (english language) - Aline Muller
 FINA0053-1B1Q230--5
 Investments and Portfolio Management (english language) - Georges Hübner
 FINA0054-1B2Q130--5
 Fund Industry (english language) - Danielle Sougné
Prerequisite :
FINA0053-1 - Investments and Portfolio Management
Choose two courses out of the following : (B2 : 10Cr)
 FINA0085-1B2Q130--5
 Ethics, Regulation and Compliance in Finance (english language) - Georges Hübner
Prerequisite :
FINA0051-1 - Banking and Insurance
 DROI8026-1B2Q124--5
 Law and Taxation of Financial Institutions - Denis-Emmanuel Philippe
Prerequisite :
FINA0051-1 - Banking and Insurance
DROI0929-2 - International and Belgian Taxation
 FINA0023-4B2Q130--5
 Financial Risk Management (english language)
Prerequisite :
FINA0051-1 - Banking and Insurance
FINA0052-1 - Financial Derivatives
FINA0053-1 - Investments and Portfolio Management
 FINA0028-5B2Q130--5
 International Finance (english language) - Aline Muller
Prerequisite :
FINA0050-1 - Corporate Finance - Lectures and Seminars
 FINA0065-1B2Q130--5
 Advanced Corporate Finance and Modeling (english language) - Marie Lambert
Prerequisite :
FINA0050-1 - Corporate Finance - Lectures and Seminars
FINA0052-1 - Financial Derivatives
FINA0053-1 - Investments and Portfolio Management
 FINA0084-1B2Q130--5
 Estate and Financial planning (english language) - Laurent Bodson, Georges Hübner
Prerequisite :
FINA0053-1 - Investments and Portfolio Management
DROI0929-2 - International and Belgian Taxation
Professional focus in Financial Analysis and audit (B1 : 15Cr, B2 : 15Cr)
 FINA0011-2B1Q230--5
 Audit (english language) - Félix Fank
 FINA0030-1B1Q230--5
 Consolidation and IFRS (english language) - Patrice Schumesch
 FINA0044-5B1Q230--5
 Strategic Performance Management (english language) - Gabriele Catania
 FINA0057-1B2Q130--5
 Advanced taxation - Isabelle Richelle
Choose two courses out of the following : (B2 : 10Cr)
 FINA0058-1B2Q130--5
 Advanced accountancy and taxation - Wilfried Niessen, Danielle Sougné
Prerequisite :
FINA0030-1 - Consolidation and IFRS
Corequisite :
FINA0057-1 - Fiscalité approfondie
 FINA0086-1B2Q130--5
 Depth diagnostics of business: Legal and financial aspects - Danielle Sougné, Didier Van Caillie
Prerequisite :
FINA0050-1 - Corporate Finance - Lectures and Seminars
FINA0044-5 - Strategic Performance Management
 DROI1237-1B2Q130--5
 Advanced commercial and corporate law - Roman Aydogdu, Benoît Kohl
Corequisite :
FINA0057-1 - Fiscalité approfondie
 DROI1238-1B2Q130--5
 Business criminal law - Adrien Masset
 FINA0079-1B2Q130--5
 Fund Administration & Audit (english language) - Danielle Sougné
Prerequisite :
FINA0011-2 - Audit
 GEST3782-1B2Q130--5
 Introduction to familial entrepreneurship - Nathalie Crutzen, Laurent Weerts
 FINA0059-1B2Q130--5
 Multinational Financial Management (english language) - Marie Lambert, Aline Muller
Prerequisite :
FINA0050-1 - Corporate Finance - Lectures and Seminars
FINA0044-5 - Strategic Performance Management
Professional focus in Marketing (B1 : 15Cr, B2 : 15Cr)
 MARK0785-1B1Q230--5
 Branding and Reputation Management (english language) - Claire Gruslin
 MARK0793-1B1Q230--5
 Consumer Intelligence and Marketing Research (english language) - Zelal Ates
 INFO2054-1B1Q230--5
 Marketing Analytics (english language) - Stéphanie Aerts, Michael Schyns
Choose one of the following modules : (B2 : 15Cr)
Track "Marketing and Strategic Intelligence"
 MARK0794-1B2Q130--5
 Consumer Behavior (english language) - Cécile Delcourt
Prerequisite :
MARK0793-1 - Consumer Intelligence and Marketing Research
 MARK0795-1B2Q130--5
 Strategic Intelligence (english language) - Claire Gruslin
Choose one of the following courses : (B2 : 5Cr)
 GEST3143-1B2Q130--5
 Geopolitics and Cyber Politics - Michel Hermans
 MARK0796-1B2Q130--5
 International Marketing (english language) - Claire Gruslin
 MARK0786-1B2Q130--5
 Services Marketing and Management (english language) - Cécile Delcourt
Track "Digital Marketing and Sales Management"
Notes : track accessible only on application file (see conditions : http://www.hec.ulg.ac.be/sites/default/files/uploads/MASTERS/MSG/Selection%20processus%20and%20requirements%20VF_1.pdf
 DMSM0001-1B2Q130--5
 Digital Consultancy Projects (english language) - Michael Ghilissen
 MARK0797-1B2Q130--5
 Digital Marketing (english language) - Laurence Dessart
Choose one of the following courses : (B2 : 5Cr)
 GEST3032-1B2Q130--5
 eBusiness and eCommerce (english language) - Ashwin Ittoo
Prerequisite :
INFO2039-2 - Management Information Systems
 INFO2049-1B2Q130--5
 Web and Text Analytics (english language) - Ashwin Ittoo
Prerequisite :
INFO2054-1 - Marketing Analytics
Professional focus in Social Enterprise Management (B1 : 15Cr, B2 : 15Cr)
 GEST3041-1B1Q230--5
 Impact Investing (english language) - Virginie Xhauflair
 GEST3763-1B1Q230--5
 Analyse financière des business models durables - Sybille Mertens de Wilmars
 GEST3036-1B1Q230--5
 Social innovation and sustainable entrepreneurship (english language) - Anaïs Périlleux
 GEST3035-1B2Q130--5
 Economie sociale : théories et pratiques - Jacques Defourny
 GEST3765-1B2Q130--5
 Gestion stratégique en entreprise sociale - Michel Boving, Sybille Mertens de Wilmars
Choose one of the following courses : (B2 : 5Cr)
 GEST3042-1B2Q130--5
 Gouvernance participative
 GEST3148-1B2Q130--5
 Philanthropie : pratiques et enjeux - Virginie Xhauflair
[...]un cours au choix parmi l'offre en master dans les autres facultés (avec l'accord du président du jury)5
Professional focus in Intrapreneurship and Management of Innovation Projects (B1 : 15Cr, B2 : 15Cr)
 GEST3755-1B1Q218-[+]5
 Innovation Project Definition and Development (partim I) (english language) - Olivier Lisein - [100h AUTR]
 GEST3756-1B1Q218-[+]5
 Topics in Advanced Management (english language) - Olivier Lisein - [100h AUTR]
 GEST3767-1B2Q218-[+]4
 Consultant Roles and Responsibilities (english language) - François Pichault - [80h AUTR]
Corequisite :
GEST3759-1 - Strategic, Organizational and Information System Audits
GEST3050-1 - Creativity and Design
GEST3764-1 - Innovation Project Definition and Development (partim II)
GEST3766-1 - Project and Change Management
 GEST3764-1B2Q118-[+]5
 Innovation Project Definition and Development (partim II) (english language) - Olivier Lisein - [100h AUTR]
Prerequisite :
GEST3755-1 - Innovation Project Definition and Development (partim I)
Corequisite :
GEST3759-1 - Strategic, Organizational and Information System Audits
GEST3050-1 - Creativity and Design
GEST3766-1 - Project and Change Management
GEST3767-1 - Consultant Roles and Responsibilities
 GEST3766-1B2Q218-[+]6
 Project and Change Management (english language) - Olivier Lisein - [100h AUTR]
Corequisite :
GEST3759-1 - Strategic, Organizational and Information System Audits
GEST3050-1 - Creativity and Design
GEST3764-1 - Innovation Project Definition and Development (partim II)
GEST3767-1 - Consultant Roles and Responsibilities
Choose one of the following courses : (B1 : 5Cr)
 GEST3757-1B1Q218-[+]5
 Strategy and Business Model Generation (english language) - Didier Van Caillie - [100h AUTR]
 GEST3758-1B1Q218-[+]5
 Organizational Performance Assessment (english language) - Marius Kamto Kenmogne, Didier Van Caillie - [100h AUTR]
Teaching focus (B1 : 15Cr, B2 : 15Cr)
 AESS0246-1B1Q115--1
 Analysis of scolastic institutions and key-players, educational policies - Dominique Lafontaine - Suppl : Marie-Thérèse Delhoune
 AESS0202-1B1TA3010[+]4
 General didactics: course and exercises ; observation placements ; reflexive practices - Annick Fagnant - [10h Internship]
 AESS0313-1B1Q235--3
 Special teaching - course and exercises, part 1 - Jean-Marie Dujardin
 AESS0004-1B1Q115--1
 Media education - Jérémy Hamers
 AESS0248-1B1Q210--1
 Elements of sociology of education - Jean-François Guillaume
 AESS0143-1B1Q115--2
 Educational Psychology of adolescents and young adults - Annick Fagnant
 AESS0315-1B1Q2-35-3
 Teaching practice (including observation practice, teaching practice and reflexive practical work), part 1 - Jean-Marie Dujardin
 AESS0140-1B2Q225--2
 Professional ethics and training to neutrality and citizenship
 AESS0339-1B2Q21015-3
 Understand and manage the diversity of public schools - Ariane Baye
 AESS0249-1B2Q115--1
 Interdisciplinary seminar - Annick Fagnant
 AESS0314-1B2Q240--4
 Special teaching - course and exercises, Part 2 - Jean-Marie Dujardin
 AESS0316-1B2Q2-40-5
 Teaching practice (including observation practice, teaching practice and reflexive practical work), Part 2 - Jean-Marie Dujardin
Additional ECTS Master in management (120 ECTS)
Optional courses (B0 : 60Cr)
Le programme de cours complémentaires imposé à chaque étudiant sera déterminé par le jury en fonction de sa formation antérieure ; il comprendra 60 crédits de cours essentiellement parmi ceux proposés ci-dessous (des dispenses à hauteur de maximum 15 crédits pourront être octroyées si l'étudant apporte la preuve dans son dossier qu'il acquis les minima d'harmonisation dans son cursus précédent) (B0 : 60Cr)
 FINA0001-1B0Q245--5
 Financial statement analysis and financing an enterprise
 GEST3054-1B0Q150--5
 Analysis of organizations - Jocelyne Robert
 LANG2941-1B0Q160--7
 English 3 - 1st part - Lucie Gillet, Xuan Giang Nguyen
 LANG2942-1B0Q230--3
 English 3 - 2nd part - Madeleine-Marie Hubin
 GEST0368-1B0Q230--5
 Cost Accounting - Anne Chanteux
 DROI0908-1B0Q230--5
 Law and businesses - Jacques Defer
 GRHO0001-4B0Q145--5
 Strategic Human Resources Management - François Pichault
 INFO0074-1B0Q24015-5
 Computing and digital transformation - André Blavier, Alain Dubois, Eric Vyncke
 ECON0610-4B0Q23015-5
 Introduction to Political Economy - Henry-Jean Gathon
 GEST0832-4B0Q24015-5
 Financial Markets - Georges Hübner, Danielle Sougné
 MATH2017-1B0Q1238-3
 Mathematics (part 1) - Pascal Dupont
 MATH2018-1B0Q2227-3
 Mathematics (part 2) - Pascal Dupont
 ECON2259-1B0Q24015-5
 Microeconomics and industrial economy - Axel Gautier, Bernard Thiry
 GEST3014-2B0Q150--5
 Principles of marketing - Jean Tondeur
 GEST1039-1B0TA--[+]2
 Business simulation - Wilfried Niessen - [30h Mon. WS]
 STAT0066-1B0Q13015-5
 Statistics - Isabelle Pays
 LOGI0001-2B0Q145--5
 Supply Chain Management, (French) - Thierry Pironet