Course description
Title of the Teaching Unit
Economics and Financial Markets
Code of the Teaching Unit
21FFM20
Academic year
2022 - 2023
Cycle
Number of credits
6
Number of hours
60
Quarter
2
Weighting
Site
Anjou
Teaching language
French
Teacher in charge
DUMAS Christel
Objectives and contribution to the program
From a case study based on an investment fund marketed in Belgium and labeled sustainable "Towards sustainability" by Febelfin, the TIFD has several objectives:
- In terms of know-how: The first objective is to apply the teachings of the 3 courses on a real and current case of the financial industry
- In terms of soft skills: The second objective is to invite the student to take a critical look at his results and the fund proposed to investors.
Contribution to the teaching profile (competency goals) and learning objectives
This activity aims to :
- Make the student operational by applying the management tools taught in the option courses to a practical case.
- Gain a critical perspective on the results obtained and the models used
- Understand the issues behind the marketing of a so-called "sustainable" fund and question the so-called "sustainable" finance to help them become a responsible player in this environment
Prerequisites and corequisites
This course REQUIRES following the 3 courses of the Financial markets & sustainability option at the same time.
Content
Important: this course consists in the completion of the integrated work in sustainable finance (the TIFD) and is inseparable from the 3 courses of the option listed below.
Context of the TIFD:
The "Financial Markets & Sustainability" option is composed of 3 courses whose objective is to train students in market finance by making them aware of the sustainable dimension of finance in the face of economic and global issues. These three courses address three aspects of market finance:
- Economics, ESG criteria and financial markets (21FFM18).
- Portfolio management and sustainability (21FFM14)
- Risk Management and Financial Institutions (21FFM16)
These three courses, although distinct in terms of content, have the common objective of acquiring a reflective approach to the sustainable dimension of finance. For this reason, each course prepares the student for the integrated work in sustainable finance -TIFD-, which cannot be taken in isolation.
Teaching methods
The TIFD will be produced and presented in groups of 2 students. The groups are freely constituted. A student who wishes to present alone will ask for a waiver.
Each group will choose a fund from a list of funds proposed on the TIFD Moodle site.
Only one pair of students may choose the same fund. The composition of the team and the choice of the fund will be validated on this same Moodle site.
To carry out this work:
The students will have data on the chosen fund to enable them to study the portfolio qualitatively and quantitatively
In addition, they will choose a company to study among the 10 largest capitalizations of the fund. From then on, they will make sure they have :
- the latest annual report of the selected company (including annual accounts)
- external credit ratings (which means that it must have listed debt)
- ESG ratings
The fact that there are options on its stock is a plus
Assessment method
The TIFD evaluation consists of 2 components:
- An assignment due by Monday, May 29, 2023, 11pm. Students hand in a zipped folder on Moodle containing the report, the Excel file, and the Python script.
- An oral defense of the work before a panel of judges during the exam session. Students send in their slides 24 hours before the presentation.
Any student who is a bachelor in 2022-2023 and has the option in his EAP will have to complete the entire TIFD even if some courses have been validated beforehand. They will make sure to inform the option teachers of their situation.