MEMENTO INGE 4
+++ Quite complicated course, a lot of preparation and work during the year
++ Course not easy and still requires work
+ Easy course
- Course over easy
- GEST-S-403: Advanced Marketing + or -
- Professor: Sandra Rothenberger
- Group work (60%): The work is in groups of 6 randomly formed. It will be new for the year 2019-2020.
- Exam (40%): 30 qcm without negative points, some extremely easy questions that anyone can answer. There were also questions about concepts seen in class, and others about concepts never seen before or not really making sense. Very few see no failure in this course.
- Course schedule: Classes every week, study cases to read sometimes before going to class, not especially mandatory to succeed. There are often very few people in his class and it annoys him. The teacher is a very good speaker, but the content sometimes leaves something to be desired (according to some students).
- Tip: Remember the big concepts, it's not a difficult course. In any case, it is clearly one of the courses that requires the least amount of "time" to be successful.
- STRATEGY-S-406: Strategy + or -
- Professor: Paul Verdin and François Failli
- Exam (100%): Open questions + a few qcm. It is mainly using the course to answer practical cases of current facts. Open course exam.
- Course sequence: At each course, the case study must be completed (mandatory). One can have +1 (answer better than average), +0 (answer within average) or -1 (answer less than average or no answer) to the final grade of the year. For the most motivated, bonus points are distributed if you actively participate in class. There are also "mandatory" readings, I think the exam is feasible without having read the readings but having prepared them allows you to better answer the questions on the day of the exam (very subjective opinion). You can still have them on the exam, but then it's harder to know where to look.
- Tips: Make sure you complete the boxes well throughout the year, even if it takes a long time. Going to class helps you to be more comfortable in the future with a box, but clearly you can succeed without going to class. The course is more in the form of a discussion with (usually) Mr. Failli and therefore quite rewarding. I advise you to take note of everything during class discussions because he asks questions about it on the exam and you can have your notes with it.
- Make a table of contents for the materials you bring to the exam. However, you have to know when to use them, not to talk about "Blue Ocean Strategy" for example.
- STRP-S-408: Corporate valuation and financing +++
- Teacher : Hugues Pirotte
- Group work (%): Group work consists of the valuation of a company. It will give you a real example (e.g. the merger AbInbev and SAB Miller) and will ask you to calculate the enterprise value of AbInbev and the resulting synergies with SAB Miller. This work takes a lot of time and is given quite late in the year - I advise you to start as soon as possible (as soon as he gives you the subject: search on Damodaran for industry betas, read the annual report(s), read the newspaper articles about the merger between the 2 companies, ...). As the work is given super late, some people will be in pre sess and will have to do the work after their exams.
- TPs (%): TPs do not count for the exam and I advise you to go there to ask your questions. Other opinions: for me, the gps is really useless since the corrections are available in a detailed way and the assistant does not touch the screen. In short, go ahead and make your own opinion.
- Exam (%): Usually 3 different big exercises and this year he added a multiple choice question... The exam is not too hard, especially if you have done well the exams of previous years which are available on the teacher's dropbox. No answers to the exams, but a lot of exos come out so do it and help each other! There are also theoretical questions on the articles.
- Course description: The teacher leaves his notes on the dropbox. If you haven't been to class, I think it's useless to waste time trying to decipher it because it's a bit... messy ^^ But some of the remarks he makes are interesting, especially in pure theory. The course is interesting and allows us to better understand when he explains the theory, on the other hand he often gets into delirium with excel or he does an exercise that lasts 1 hour and explains us some excel formulas (that we should never use for his course). It can lose a lot of people. I still advise you to go there and make your own opinion.
- Tip: At the exam, you are allowed 10 handwritten sides with what you want. Whether it's formulas, summaries of articles, theories, etc., it's up to you.
- GEST-S-409: Advanced accounting +++
- Professor: Jean-Paul Loozen and Pierre-Hughes Bonnefoy
- TP 20%: no choice for this course, you have to go to the TP. There will be 2 surprise quizzes on the quadri and if you don't go (even once), unfortunately you might not be able to do the quiz and get 0 (which is worth 10% of the final grade). There is also a presentation to be done which allows you to get a bonus point (between +0.5 and +2). It is very subjective depending on the assistants: some give a bonus point depending on the presentation, others if you participated in class etc. It is the students who have to prepare and present the exercise resolutions.
- Exam (80% or 100% if you don't go to the tp's): There will always be a consolidation to do at the exam. There will also always be 50 points of qcm. On the other hand there will be either a cash flow statement to do or a general accounting exercise, or another exotic surprise typically a Merger&Acquisition like the presess 2018.
- Course description: You'll have to hang on because it's not the most dynamic course, you'll fall off quite quickly. You don't necessarily need to go there to understand the theory, but everyone has his choice.
- Tip: Redo all the exams. I've never been to class and I've only done the old exams (and I passed). I advise you crazy people to redo as many exams as possible. The tps are a good introduction to get into the subject and a little better follow the TP, be able to ask questions or what (it's not too bad to do them for the TP). The exams are clearly of a higher level and each time there is a little more subtlety. It's also a great drill because a lot of exos look alike (e.g. how to calculate goodwill).
- GEST-S-414: Banking and asset management ++
- Teacher: Mathias Schmit & Griselda Deelstra
- Exam (100%): Schmit part (75%) (difficulty ++): A question on the cash flow statement of a bank. Know how to reclassify this CF. Don't talk nonsense otherwise it will take you out and it's less than 4/20 (so you can't catch up with the other party). If he asks you a question and you don't know how to answer right away, tell him you need time etc... You can also take as many copies as you want, as long as they are handwritten. Deelstra game (25%) (difficulty -): Very easy, I did it in 1 day and I got 18/20. There are only 2 types of exercises possible, they will both fall in the exam (very easy) and then there was a small qcm not too complicated either (without negative points). I confirm it.
- Course of the course: Schmit part: all along the quadri, the teacher is quite interactive but sometimes he puts pressure for nothing. Deelstra part: like 3 sessions on the quadri which are quite simple.
- Tip: The oral exam at Schmit's is quite stressful, especially as he doesn't hesitate to get the students out as soon as they drop something stupid. So, think twice about your answer and he makes traps from time to time. For example, your bank, after reclassification of the CFs may still be viable, don't tell yourself that it always puts non-viable banks. Practice well with the questions in the box, it really helps to prepare answers and understand the material behind them because the same types of questions come up again and again. Be careful though because you will never have the same box or other so impossible to prepare a "typical answer", you must really have understood the material. I also advise you to make sure that you have really understood all the concepts, even the simplest ones (e.g. what is capital? what is a provision? etc etc). It's on these little points that he can knock your socks off 🙂
- GEST-S-482 : Operations and digital business +
- Teacher: Nicolas Van Zeebroeck & Alassane Ballé Ndiaye
- Group work (30%): work that is worth for a large part of DB, but in the end it's not much for the ODB block. It consists in finding a company and doing the process of it. It's not a very short job and it can take a lot of time depending on the precision we put in it. It also has to be presented orally.
- Exams (100%) : DB (50%) (difficulty +): 1 exercise on databases (as with Bersini in BA2 but in English), 1 exercise on sql and a last part on the general course. Operations (50%) (difficulty ++): 45 qcm with negative points (very little time per question). Sometimes the proposals will have no relation to the question so it is often necessary to tick none of the possible answers. In 2018-2019 it was more than 20 questions in 30 minutes, always +1/-1.
- Course description: First part of the year: van Zeebroeck, the teacher is cool I found. It's important to prepare the study cases well for this class, it's important to catch something in class and to participate. Now you don't have to go to class to be successful (there are syntheses). Also, there are TP every week and at the beginning even 2 TP per week. It's up to you to see if they help you, it's very subjective.
- Second part : Ndiaye. He's good too, he interacts quite a lot. I found it useful to go there. You don't necessarily have to go there to succeed, so it's up to you to see what suits you.
- Tip : Don't neglect the Operations part (I confirm!!!!!), the MCQ is really hot since there isn't much time. It's also +1 -1, you don't have the right to pencil or tipex so when you ticked more way to change. (to see if the format remains the same, I think it will change because the MCQs with negative points are no longer legal). Knowing the formulas, it avoids wasting seconds that are very useful at the end of the exam. Redo the exams at your disposal.
- Optional course: Stat ++
- Professor: Catherine Dehon
- TP (20% or 0%): Tp's sessions in the newsrooms. There is an optional test that counts for 20% if you do it, otherwise the exam is on 100%. Given the results, I advise you to do it (bcp of 4/4).
- Exams (80% or 100%): You are entitled to one A4 sheet (double-sided) of copying. Exams not very complicated but demanding correction. 1 question on PCR as a matter of course.
- Course content: The course is given in French and the slides are in English.
- Tip: You can write everything down on your copies, there are some available on the drives etc. BUT, it must be handwritten. It takes time so do it in advance. The reference book is in the library and was written by Dehon herself, this book is very good for the first chapters. I also advise you to go to class (even if it's often at 8 o'clock), it explains the concepts really well and gives meaning behind many formulas. She doesn't hesitate to say what is probable in the exam or not. Now, it's subjective so it's up to you to test to see if it helps you. A way to succeed without going there.
- Optional course: BI +++
- Professor: Thierry Van de Merckt and assistant: Charles Hoffreumon
- Group work: Two group works (one to be done after All Saints' Day, the other at the end of the year). Group work is not easy and requires a huge investment of time. You must try to respect the steps in the course so as not to get lost in the organization of your work. But the assistant is really nice and willingly helps within the limit of "if I tell you this, I'll give you the answer".
- Exams : Oral exam in two parts, one with exos and one with theory. You will be questioned on the whole subject, by this I mean that the questions are made to cover a small part of each chapter, and you have to be quite precise. The teacher is going to be pretty hard on you if you drop some bullshit but if he sees you're struggling, he'll try to throw you a few lifebuoys before you sink like the Titanic, which you've learned to predict the probability of a person surviving based on their age, their sex, but I'll leave that as a surprise for the TPs :p
- Course outline: A fairly steady rhythm of two sessions per week + TP session (and then the time to devote to work).
- Tip: Working on group work allows you to review the course before the exam. It's not an easy course, but it's very interesting.