emc in corporate finance
TRANSCRIPT
CORPORATE FINANCEExECuTIvE MAsTER ClAss Making the right financial decisions2013–2014
12 WHAT YOu’ll lEARN
16 CHOOsE YOuR OWN PATH
18 THE vlERICK NETWORK
19 PROgRAMME INFORMATION
• CORE MODulE I - MAKINGFINANCEDECISIONS
• CORE MODulE II - THEFUNDAMENTALS
• CORE MODulE III - ACCOUNTINGFORDECISIONS
• CORE MODulE Iv - BUDGETINGANDVALUATION
3 FOREWORD
4 FEllOW PARTICIPANTs
5 WHO WIll YOu WORK WITH?
6 THE vlERICK DIFFERENCE
8 TAIlORINg THE PROgRAMME
9 THE CORE MODulEs
10 YOuR lEARNINg JOuRNEY
WHY THE ExECuTIvE MAsTER ClAss IN CORPORATE FINANCE
2
There has never been a more crucial time to master the principles of corporate finance and decision-making. Economic uncertainties, market volatility and narrowing margins mean it’s more important than ever to work with skill and precision. Indeed, financial management decisions affect the success of entire organisations.
Today’s organisations face a number of financial challenges – from funding decisions and day-to-day working capital operations, through to merger and acquisition and complex capital budgeting.
The Executive Master Class in Corporate Finance is an advanced management programme for financial analysts, financial and business unit managers.
It gives you the background needed to work in a financial roleor in a financial institution – including a thorough understanding ofthe most important financial principles and how to apply them inyour own organisation.
The programme introduces the latest trends, techniques and modules, giving you and your company the up-to-date insight you’ll need to make the right financial decisions.
I look forward to meeting you and getting to know all about you and your company in October.
Professor Sophie ManigartProgramme Director
3
FEllOW PARTICIPANTs
FuNCTION
sECTOR
PARTICIPANT PROFIlEs
Professional ServicesHoldings & Coordination CentresBanksTelecomITElectricity & GasChemicalsEducation CentresMedical Devices/PharmaDistributionOther
General Manager/DirectorFinancial Manager/DirectorControllerFinancial AnalystBU Manager/DirectorPartnerConsultantAccount ManagerOther
Everyyear,wewelcomeparticipantsfromavarietyofprofessional,educationalandculturalbackgroundstotheExecutiveMasterClassinCorporateFinance.
Theyarepeoplewithexceptionallyhighpotential,andcomefromavarietyofcompaniesandsectors.
Is IT TIME FOR YOu AND YOuR COMPANY TO JOIN THEM?We’vehadthepleasureofwelcomingparticipantsfromlargemultinationalslikeBayer,Belgacom,bpost,BMW,Cofinimmo,Colruyt,Electrabel,J&J,Philips,Suez,ThomasCookandUCBPharma.YoumayalsoworkalongsideparticipantsfromconsultingfirmssuchasAccentureandDeloitte.ThentherearefinancialinstitutionslikeBNPParibasFortis,Gimv,INGandKBC.WehavewelcomedSMEsincludingAndacon,Galactic,Newtec,andPlantyn.We’vealsobeendelightedtowelcomenot-for-profitorganisationslikeOxfamFairtrade.
Sector Function
Sector Function
4
Professor Sophie Manigart
Professor Wouter De Maeseneire
Professor Mathieu Luypaert
PROFESSOR SOPHIE MANIGART, PROGRAMME DIRECTORIsanexpertinentrepreneurialfinance.Shehasresearchedfinancingstrategiesformorethantwodecades.Andshehasadvisednumerousstartups.Whenshesawagapinfinancingstartups,shebecameafounderofthefirstBelgianbusinessangelnetwork.
PROFEssOR WOuTER DE MAEsENEIREIsanexpertincompanyvaluation,butalsoteachesfinancialstatementanalysis,financialplanning,workingcapitalmanagement,capitalbudgetingandM&A.HehastaughtextensivelyabroadandhasbeeninvolvedincustomisedprogrammesforcorporationsincludingAGC,AtlasCopco,Rabobank,Alpro,PfizerandMcCain.Hebelievesininteractivestudyandoftencentreshisclassesonreallifecasestudies.
PROFESSOR MATHIEU LUYPAERTHasresearchedvaluecreationthroughM&Aextensively,andteachescoursesoncorporatefinanceandM&A.HehasbeenavisitingprofessoratInseadandhasguestlecturedinDubai,IrelandandFrance.
Aswellasourcorefaculty,you’llalsomeetguestlecturers,academicsandpractitionersfromdiversebusinessbackgrounds.
WHO WIll YOu WORK WITH?
YOu CAN FINDTHE Full lIsT OFFACulTY, sPEAKERsAND COACHEs ATvlERICK.COM/EMCCF
YOuR FACulTY
5
THE vlERICK DIFFERENCElEARNINg ABOuT BusINEss AT vlERICK WIll INsPIRE YOu FOR lIFE.Wehaveauniqueapproachtolearning,whichfocusesonbringingtheorytolife,givingyoutheskillsandinsightyouneedtoreallymakeadifference.
Spendtimeonourbeautifulcampuses,andyoubecomepartofoneofthemostactivebusinesscommunitiesinEurope,learninginawaythatwillhelpyoutobeamoreeffectiveandproductivebusinessleaderthroughoutyourcareer.
Asyou’llseeonthenextpage,ourprogrammesputyouatthecentreofeverylearningexperience.Anditreallyisanexperiencefarawayfromtraditionalclassroomlearning.You’llworkcollaborativelywithyourfacultyandfellowparticipantstobringyourideastolifeinarobustandpracticalway.
“AftermyMBAIwantedtoenhancemyknowledgeincorporateandentrepreneurialfinance.TheprogrammedeliveredwhatIwaslookingfor.Iwasimpressedbythechoiceoftopicsandthequalityofthelecturers,whowerebothacademicsandpractitioners.”
Raffaele Aguiari New Developments Business Manager Ineos Technologies
6
We’re on your side, all the wayContinuous learning is a way of life atVlerick. Our teams have an open doorpolicy and they're always keen toshare their vast experience.
Putting ideas into actionWe’ll encourage you to capture ideas every day anddevelop them into concrete plans for your company.These techniques will help you to view the whole ofyour career as a continuous learning opportunity.
Live it, learn it, do itAcademic tools & frameworks are only valuable ifthey can be applied in real life. As well as traditionallearning, you'll go on visits, taking part in discussions,simulations & group assignments. You'll also be ableto interact with faculty and course participantsvia our online platforms.
Company projectThroughout the programme, you’llchannel your learning into addressinga challenge in your own business.It’s an approach that proves realROI to you and your company.
Group powerYou’ll work alongside experienced peoplefrom diverse backgrounds – and you canactively choose who you mix with by choosingdi�erent pathways through your learning.You’ll be sharing, learning and benefittingfrom the buzz of group energy.
The big pictureBeing at Vlerick gives you a greatopportunity to step back from dailybusiness and let us help you takea more strategic view.
A network for lifeYou’ll meet interesting and inspiring peopleyou’ll want to keep in touch with for the restof your professional life. You’ll find our 17,000alumni in more than 100 countries worldwide.
7
TAIlORINg THE PROgRAMME
ICT & BUSINESS PROCESS MANAGEMENT
Deliveringservice
excellence2 Days
Enterprisearchitecture
3 Days
Aligningbusiness
& I.T.3 Days
PEOPLEMANAGEMENT & LEADERSHIP
Negotiatingto create
value5 Days
Negotiationessentials
3 Days
Individualcoachingsessions
2 Days
Businesscoachingessentials
4 Days
Peoplemanagement
4 Days
Changefundamentals
3 Days OPERATIONS & SUPPLY CHAIN
Operationalexcellence
6 Days
Purchasingmanagement
2 Days
Projectmanagement
2 Days
GENERALMANAGEMENT & ENTREPRENEURSHIP
Expandingyour business
to China5 Days
Operatingbusiness in
a globaleconomy
2 Days
MARKETING & SALESKey account
management3 Days
Essentialsin marketingmanagement
4 Days
Productmanagement
4 Days
Retail& trade
marketing4 Days
Digitalstrategy
3 Days
Salesmanagement
3 Days
STRATEGY
Makingacquisitions
work3 Days
Successfulstrategy
execution3 Days
Essentialsin strategy
2 Days
ACCOUNTING & FINANCE Strategic
costmanagement
4 Days
Masteringcosts &budgets
3 DaysFundamentals
of financialmanagement
2 Days
INNOVATION
Corporateinnovation
management4 Days
Leadinginnovative
organisations4 Days
Understandingannual
accounts2 Days
HUMAN RESOURCE
Compensation& benefits
management4 Days
StrategicHRM4 Days
StrategicB2B
marketing4 Days
Brandmanagement &communication
4 Days
Structuring& financingM&A deals
3 Days
Internationalfinance
2 Days
Venturecapital &privateequity2 Days
Leadingglobalteams3 Days
Inspirationalleadership
4 Days
Selfleadership
2 Days
Corporateperformancemanagement
4 Days
In search of new business opportunities
4 Days
A WHOlE WORlD OF NEW THINKINg, ExPERIENCEs AND PEOPlE ARE WAITINg FOR YOu AT vlERICK.
TheExecutiveMasterClassbeginswithfourmodulesofthreedayseach.Allparticipantsattendthesecoremodules.Afterthat,youcanselecttheclassesthatbestmeettheneedsofyouandyourcompany.Withthesupportofyourfaculty,you’llchoosethreeelectivestostudyover7-9days.
Viayourcompanyprojectyou’llchannelallyourlearningintoaddressingachallengeinyourownbusiness.It’sanapproachthatprovesrealROItoyourcompany.
You’llbeimmersedinavibrantatmosphereofinnovativethinking,withopportunitiestomakeconnections,learndifferentdisciplinesanddevelopyourownareaofexpertise.Vlerickwillopenyourmindtoanewwayoflearning.
8
EACH OF THE MODulEs FOCusEs ON A CRITICAl AsPECT OF gAININg A DEEP uNDERsTANDINg OF CORPORATE FINANCE IssuEs – sO THAT YOu’ll BE CAPABlE OF ANAlYsINg AND sOlvINg COMPlEx FINANCIAl IssuEs FOR YOuR COMPANY.
You’llbuildyourtheoretical,conceptualandpracticalknowledgeonallaspectsofcorporatefinancewithhands-ongroupcoachingsessions,wheretheemphasisisonmakingitworkinreallife.
Andremember,thedoorisalwaysopen.You’llhaveeveryopportunitytodiscussideasandchallengeswithfacultyandwithotherparticipants.
IN THE sEssIONs, YOu’ll BENEFIT FROM:
• Learningnewandimprovedtechniquesandinstrumentsforfinancialplanning,analysisandvaluingyourcompany
• Learningtheoretical,conceptualandpracticeorientedknowledgeandknow-howregardingallaspectsofCorporateFinance
• Atoolkitofready-to-useinstrumentstohelpyoumakefinancialdecisionsinaninternationalcontext
“TheExecutiveMasterClassinCorporateFinanceisanintenseandwell-structuredprogrammethatprovidesparticipantswithavarietyofbroadfinancialtopics.Thisisincombinationwithinterestingandrelevantguestspeakers,whosharetheirday-to-dayexperiences.”
Caroline sliepen gBC Controller Benelux general Electric
THE CORE MODulEs
9
THIS WAY
DavidWorks as a finance manager. In this role David faces a number of financial challenges – from funding decisions, day-to-day working capital operations, to complex capital budgeting. The programme gives David and his company the up-to-date insight they need to make the right financial decisions.
BertIs sponsored by the retail company he works for. In the renewed strategy of this company, acquisitions will play an important role in the future for creating value. Bert will lead those activities and he wants to get a firm grasp of the factors that can make or break M&A deals.
SmarandaWorks in an international bank. She is preparing her next career step by participating in the course with David and Bert. She has decided that she needs to grow in negotiation, leadership and strategy – so she has chosen specific subjects to help build her capabilities.
TAILORED TO YOU (9 DAYS)You choose where you wantto develop or broaden yourexpertise – or learn completelynew subjects.
CORE MODULES (12 DAYS)Every participant and thecompany they work for has di�erent aims. But there are common challenges and knowledge theywant to gain too – and the core modules are where these are addressed. They give you a firm foundation to build your learningon and an opportunity to learnwith a group that will become an important part of your networkfor the rest of your career.
INTERVIEWWhen you apply, we spendtime talking to you and gettingto understand your goals. It helpsus to match you with the rightcoaches and groups.
COMPANY PROJECTNow you channel all your learninginto addressing a challenge in yourown business. It’s an approach thatproves real ROI to your company.
THIS WAY
THIS WAY
PICK &CHOOSE
Start
MODULE IMAKING
DECISIONS
MODULE IITHE
FUNDAMENTALS
MODULE IIIACCOUNTING
FOR DECISIONS
MODULE IVBUDGETING & VALUATION
GETTING STARTEDSetting off on a learningjourney with Vlerick is thestart of a relationshipthat will last throughoutyour career.
THE FINISH LINEBut this is just the beginning Vlerickignites your passion for learning.So as you succeed in one goal, you andyour company may decide to createeven more value by pushing your learningwith us further still.
CORPORATE FINANCE PATH
MERGERS &ACQUISITIONS
PATH
PICK & CHOOSE PATHIf you need to learn
completely new things,you can create your
own path.
CORPORATE FINANCE Choose this route
if you want tostrengthen yourfinancial skills.
Choose this routeif you want to learn
how to makeacquisitions work.
THE ALUMNI NETWORKYou’ve now built a network of contactsyou’ll want to keep in touch with for the restof your working life. You’ll stay in contactwith faculty sta� too. Because being atVlerick isn’t a one-o� experience – it’s alifelong source of support and inspiration.
OLD FRIENDS, NEW SKILLSWe’ll be looking forward towelcoming you back to Vlerickthoughout your career.
LIFELONGLEARNING
Individualcoachingsessions
2 Days
Individualcoachingsessions
2 Days
MERGERS &ACQUISITIONS
StrategicHRM4 Days
StrategicHRM4 Days
ICT & BUSINESS PROCESS MANAGEMENT
Deliveringservice
excellence2 Days
Enterprisearchitecture
3 Days
Aligningbusiness
& I.T.3 Days
PEOPLEMANAGEMENT & LEADERSHIP
Negotiatingto create
value5 Days
Negotiationessentials
3 Days
Individualcoachingsessions
2 Days
Businesscoachingessentials
4 Days
Peoplemanagement
4 Days
Changefundamentals
3 Days OPERATIONS & SUPPLY CHAIN
Operationalexcellence
6 Days
Purchasingmanagement
2 Days
Projectmanagement
2 Days
GENERALMANAGEMENT & ENTREPRENEURSHIP
Expandingyour business
to China5 Days
Operatingbusiness in
a globaleconomy
2 Days
MARKETING & SALESKey account
management3 Days
Essentialsin marketingmanagement
4 Days
Productmanagement
4 Days
Retail& trade
marketing4 Days
Digitalstrategy
3 Days
Salesmanagement
3 Days
STRATEGY
Makingacquisitions
work3 Days
Successfulstrategy
execution3 Days
Essentialsin strategy
2 Days
ACCOUNTING & FINANCE Strategic
costmanagement
4 Days
Masteringcosts &budgets
3 DaysFundamentals
of financialmanagement
2 Days
INNOVATION
Corporateinnovation
management4 Days
Leadinginnovative
organisations4 Days
Understandingannual
accounts2 Days
HUMAN RESOURCE
Compensation& benefits
management4 Days
StrategicHRM4 Days
StrategicB2B
marketing4 Days
Brandmanagement &communication
4 Days
Structuring& financingM&A deals
3 Days
Internationalfinance
2 Days
Venturecapital &privateequity2 Days
Leadingglobalteams3 Days
Inspirationalleadership
4 Days
Selfleadership
2 Days
Corporateperformancemanagement
4 Days
ICT & BUSINESS PROCESS MANAGEMENT
Deliveringservice
excellence2 Days
Enterprisearchitecture
3 Days
Aligningbusiness
& I.T.3 Days
Individuividualcoachingsessions
2 Days
PEOPLEMANAGEMENT & LEADERSHIP
Negotiatingto create
value5 Days
Negotiationessentials
3 Days
Businesscoachingessentials
4 Days
Peoplemanagement
4 Days
Changefundamentals
3 Days OPERATIONS & SUPPLY CHAIN
Operationalexcellence
6 Days
Purchasingmanagement
2 Days
Projectmanagement
2 Days
GENERALMANAGEMENT & ENTREPRENEURSHIP
Expandingyour business
to China5 Days
Operatingbusiness in
a globaleconomy
2 Days
MARKETING & SALESKey account
management3 Days
Essentialsin marketingmanagement
4 Days
Retail& trade
marketing4 Days
Digitalstrategy
3 Days
Salesmanagement
3 Days
STRATEGY
Makingacquisitions
work3 Days
Successfulstrategy
execution3 Days
Essentialsin strategy
2 Days
ACCOUNTING & FINANCE Strategic
costmanagement
4 Days
Masteringcosts &budgets
3 DaysFundamentals
of financialmanagement
2 Days
INNOVATION
Leadinginnovative
organisations4 Days
Understandingannual
accounts2 Days
HUMAN RESOURCE
Compensation& benefits
management4 Days
StrategicHRM4 Days
StrategicB2B
marketing4 Days
Brandmanagement &communication
4 Days
Structuring& financingM&A deals
3 Days
Internationalfinance
2 Days
Venturecapital &privateequity2 Days
Leadingglobalteams3 Days
Inspirationalleadership
4 Days
Selfleadership
2 Days
Corporateperformancemanagement
4 Days
Productmanagement
4 Days
Corporateinnovation
management4 Days
Individualcoachingsessions
2 Days
ICT & BUSINESS PROCESS MANAGEMENT
Deliveringservice
excellence2 Days
Enterprisearchitecture
3 Days
Aligningbusiness
& I.T.3 Days
IIndividualcoachingsessions
2 Days
PEOPLEMANAGEMENT & LEADERSHIP
Negotiatingto create
value5 Days
Negotiationessentials
3 Days
Businesscoachingessentials
4 Days
Peoplemanagement
4 Days
Changefundamentals
3 Days OPERATIONS & SUPPLY CHAIN
Operationalexcellence
6 Days
Purchasingmanagement
2 Days
Projectmanagement
2 Days
GENERALMANAGEMENT & ENTREPRENEURSHIP
Expandingyour business
to China5 Days
Operatingbusiness in
a globaleconomy
2 Days
MARKETING & SALESKey account
management3 Days
Essentialsin marketingmanagement
4 Days
Retail& trade
marketing4 Days
Digitalstrategy
3 Days
Salesmanagement
3 Days
STRATEGY
Makingacquisitions
work3 Days
Successfulstrategy
execution3 Days
Essentialsin strategy
2 Days
ACCOUNTING & FINANCE Strategic
costmanagement
4 Days
Masteringcosts &budgets
3 DaysFundamentals
of financialmanagement
2 Days
INNOVATION
Leadinginnovative
organisations4 Days
Understandingannual
accounts2 Days
HUMAN RESOURCE
Compensation& benefits
management4 Days
StrategicHRM4 Days
StrategicB2B
marketing4 Days
Brandmanagement &communication
4 Days
Structuring& financingM&A deals
3 Days
Internationalfinance
2 Days
Venturecapital &privateequity2 Days
Leadingglobalteams3 Days
Inspirationalleadership
4 Days
Selfleadership
2 Days
Corporateperformancemanagement
4 Days
Productmanagement
4 Days
Corporateinnovation
management4 Days
Individualcoachingsessions
2 Days
In search of new business opportunities
4 Days
In search of new business opportunities
4 Days
In search of new business opportunities
4 Days
vlERICK Is A PlACE THAT OPENs MINDs AND OPENs PATHs TO DIFFERENT TYPEs OF lEARNINg.
CORE MODulEsWhenyoujointheExecutiveMasterClass,you’lltakeallfourcoremodules.Thesehavebeendesignedtogiveyouasuperbbasisandgetyouworkingalongsideyourfellowparticipantsandthefaculty.
Whenyou’vecompletedthecoremodules,itwillbeuptoyoutodecidewhatyouwanttolearnnext.
WHERE DO YOu WANT TO gO NExT?YoucoulddecidetotaketheFinancePathifyouwanttostrenghtenyourskillsinfinancialdecision-making,alsoinaninternationalenvironment.
Ifyourfocusisratheronmergersandacquisitions,youcouldchoosetheMergers&AcquisitionsPathandstrengthenyournegotiationskills.
COMPANY PROJECTWhenyou’vesuccessfullycompletedyourcoremodules,you’lldesignanddeliveraprojectforyourcompany.Ideally,yourprojectwilltackleareallifechallengewithavarietyofcorporatefinancetools.Itshouldbecompletedwithinthreemonthsandwillbesupervisedbyafacultyadvisor.
AND THEN?You’llhavethesupportofVlerickforlife.You’llbeamemberofouralumniandyou’llbeabletotakepartinonlineactivities.Manyofouralumniandthecompaniestheyworkforcomebacktoustolearnandsharemore.Maybeyou’llbeoneofthem…
YOuR lEARNINg JOuRNEY
10
THIS WAY
DavidWorks as a finance manager. In this role David faces a number of financial challenges – from funding decisions, day-to-day working capital operations, to complex capital budgeting. The programme gives David and his company the up-to-date insight they need to make the right financial decisions.
BertIs sponsored by the retail company he works for. In the renewed strategy of this company, acquisitions will play an important role in the future for creating value. Bert will lead those activities and he wants to get a firm grasp of the factors that can make or break M&A deals.
SmarandaWorks in an international bank. She is preparing her next career step by participating in the course with David and Bert. She has decided that she needs to grow in negotiation, leadership and strategy – so she has chosen specific subjects to help build her capabilities.
TAILORED TO YOU (9 DAYS)You choose where you wantto develop or broaden yourexpertise – or learn completelynew subjects.
CORE MODULES (12 DAYS)Every participant and thecompany they work for has di�erent aims. But there are common challenges and knowledge theywant to gain too – and the core modules are where these are addressed. They give you a firm foundation to build your learningon and an opportunity to learnwith a group that will become an important part of your networkfor the rest of your career.
INTERVIEWWhen you apply, we spendtime talking to you and gettingto understand your goals. It helpsus to match you with the rightcoaches and groups.
COMPANY PROJECTNow you channel all your learninginto addressing a challenge in yourown business. It’s an approach thatproves real ROI to your company.
THIS WAY
THIS WAY
PICK &CHOOSE
Start
MODULE IMAKING
DECISIONS
MODULE IITHE
FUNDAMENTALS
MODULE IIIACCOUNTING
FOR DECISIONS
MODULE IVBUDGETING & VALUATION
GETTING STARTEDSetting off on a learningjourney with Vlerick is thestart of a relationshipthat will last throughoutyour career.
THE FINISH LINEBut this is just the beginning Vlerickignites your passion for learning.So as you succeed in one goal, you andyour company may decide to createeven more value by pushing your learningwith us further still.
CORPORATE FINANCE PATH
MERGERS &ACQUISITIONS
PATH
PICK & CHOOSE PATHIf you need to learn
completely new things,you can create your
own path.
CORPORATE FINANCE Choose this route
if you want tostrengthen yourfinancial skills.
Choose this routeif you want to learn
how to makeacquisitions work.
THE ALUMNI NETWORKYou’ve now built a network of contactsyou’ll want to keep in touch with for the restof your working life. You’ll stay in contactwith faculty sta� too. Because being atVlerick isn’t a one-o� experience – it’s alifelong source of support and inspiration.
OLD FRIENDS, NEW SKILLSWe’ll be looking forward towelcoming you back to Vlerickthoughout your career.
LIFELONGLEARNING
Individualcoachingsessions
2 Days
Individualcoachingsessions
2 Days
MERGERS &ACQUISITIONS
StrategicHRM4 Days
StrategicHRM4 Days
ICT & BUSINESS PROCESS MANAGEMENT
Deliveringservice
excellence2 Days
Enterprisearchitecture
3 Days
Aligningbusiness
& I.T.3 Days
PEOPLEMANAGEMENT & LEADERSHIP
Negotiatingto create
value5 Days
Negotiationessentials
3 Days
Individualcoachingsessions
2 Days
Businesscoachingessentials
4 Days
Peoplemanagement
4 Days
Changefundamentals
3 Days OPERATIONS & SUPPLY CHAIN
Operationalexcellence
6 Days
Purchasingmanagement
2 Days
Projectmanagement
2 Days
GENERALMANAGEMENT & ENTREPRENEURSHIP
Expandingyour business
to China5 Days
Operatingbusiness in
a globaleconomy
2 Days
MARKETING & SALESKey account
management3 Days
Essentialsin marketingmanagement
4 Days
Productmanagement
4 Days
Retail& trade
marketing4 Days
Digitalstrategy
3 Days
Salesmanagement
3 Days
STRATEGY
Makingacquisitions
work3 Days
Successfulstrategy
execution3 Days
Essentialsin strategy
2 Days
ACCOUNTING & FINANCE Strategic
costmanagement
4 Days
Masteringcosts &budgets
3 DaysFundamentals
of financialmanagement
2 Days
INNOVATION
Corporateinnovation
management4 Days
Leadinginnovative
organisations4 Days
Understandingannual
accounts2 Days
HUMAN RESOURCE
Compensation& benefits
management4 Days
StrategicHRM4 Days
StrategicB2B
marketing4 Days
Brandmanagement &communication
4 Days
Structuring& financingM&A deals
3 Days
Internationalfinance
2 Days
Venturecapital &privateequity2 Days
Leadingglobalteams3 Days
Inspirationalleadership
4 Days
Selfleadership
2 Days
Corporateperformancemanagement
4 Days
ICT & BUSINESS PROCESS MANAGEMENT
Deliveringservice
excellence2 Days
Enterprisearchitecture
3 Days
Aligningbusiness
& I.T.3 Days
Individuividualcoachingsessions
2 Days
PEOPLEMANAGEMENT & LEADERSHIP
Negotiatingto create
value5 Days
Negotiationessentials
3 Days
Businesscoachingessentials
4 Days
Peoplemanagement
4 Days
Changefundamentals
3 Days OPERATIONS & SUPPLY CHAIN
Operationalexcellence
6 Days
Purchasingmanagement
2 Days
Projectmanagement
2 Days
GENERALMANAGEMENT & ENTREPRENEURSHIP
Expandingyour business
to China5 Days
Operatingbusiness in
a globaleconomy
2 Days
MARKETING & SALESKey account
management3 Days
Essentialsin marketingmanagement
4 Days
Retail& trade
marketing4 Days
Digitalstrategy
3 Days
Salesmanagement
3 Days
STRATEGY
Makingacquisitions
work3 Days
Successfulstrategy
execution3 Days
Essentialsin strategy
2 Days
ACCOUNTING & FINANCE Strategic
costmanagement
4 Days
Masteringcosts &budgets
3 DaysFundamentals
of financialmanagement
2 Days
INNOVATION
Leadinginnovative
organisations4 Days
Understandingannual
accounts2 Days
HUMAN RESOURCE
Compensation& benefits
management4 Days
StrategicHRM4 Days
StrategicB2B
marketing4 Days
Brandmanagement &communication
4 Days
Structuring& financingM&A deals
3 Days
Internationalfinance
2 Days
Venturecapital &privateequity2 Days
Leadingglobalteams3 Days
Inspirationalleadership
4 Days
Selfleadership
2 Days
Corporateperformancemanagement
4 Days
Productmanagement
4 Days
Corporateinnovation
management4 Days
Individualcoachingsessions
2 Days
ICT & BUSINESS PROCESS MANAGEMENT
Deliveringservice
excellence2 Days
Enterprisearchitecture
3 Days
Aligningbusiness
& I.T.3 Days
IIndividualcoachingsessions
2 Days
PEOPLEMANAGEMENT & LEADERSHIP
Negotiatingto create
value5 Days
Negotiationessentials
3 Days
Businesscoachingessentials
4 Days
Peoplemanagement
4 Days
Changefundamentals
3 Days OPERATIONS & SUPPLY CHAIN
Operationalexcellence
6 Days
Purchasingmanagement
2 Days
Projectmanagement
2 Days
GENERALMANAGEMENT & ENTREPRENEURSHIP
Expandingyour business
to China5 Days
Operatingbusiness in
a globaleconomy
2 Days
MARKETING & SALESKey account
management3 Days
Essentialsin marketingmanagement
4 Days
Retail& trade
marketing4 Days
Digitalstrategy
3 Days
Salesmanagement
3 Days
STRATEGY
Makingacquisitions
work3 Days
Successfulstrategy
execution3 Days
Essentialsin strategy
2 Days
ACCOUNTING & FINANCE Strategic
costmanagement
4 Days
Masteringcosts &budgets
3 DaysFundamentals
of financialmanagement
2 Days
INNOVATION
Leadinginnovative
organisations4 Days
Understandingannual
accounts2 Days
HUMAN RESOURCE
Compensation& benefits
management4 Days
StrategicHRM4 Days
StrategicB2B
marketing4 Days
Brandmanagement &communication
4 Days
Structuring& financingM&A deals
3 Days
Internationalfinance
2 Days
Venturecapital &privateequity2 Days
Leadingglobalteams3 Days
Inspirationalleadership
4 Days
Selfleadership
2 Days
Corporateperformancemanagement
4 Days
Productmanagement
4 Days
Corporateinnovation
management4 Days
Individualcoachingsessions
2 Days
In search of new business opportunities
4 Days
In search of new business opportunities
4 Days
In search of new business opportunities
4 Days
THIS WAY
DavidWorks as a finance manager. In this role David faces a number of financial challenges – from funding decisions, day-to-day working capital operations, to complex capital budgeting. The programme gives David and his company the up-to-date insight they need to make the right financial decisions.
BertIs sponsored by the retail company he works for. In the renewed strategy of this company, acquisitions will play an important role in the future for creating value. Bert will lead those activities and he wants to get a firm grasp of the factors that can make or break M&A deals.
SmarandaWorks in an international bank. She is preparing her next career step by participating in the course with David and Bert. She has decided that she needs to grow in negotiation, leadership and strategy – so she has chosen specific subjects to help build her capabilities.
TAILORED TO YOU (9 DAYS)You choose where you wantto develop or broaden yourexpertise – or learn completelynew subjects.
CORE MODULES (12 DAYS)Every participant and thecompany they work for has di�erent aims. But there are common challenges and knowledge theywant to gain too – and the core modules are where these are addressed. They give you a firm foundation to build your learningon and an opportunity to learnwith a group that will become an important part of your networkfor the rest of your career.
INTERVIEWWhen you apply, we spendtime talking to you and gettingto understand your goals. It helpsus to match you with the rightcoaches and groups.
COMPANY PROJECTNow you channel all your learninginto addressing a challenge in yourown business. It’s an approach thatproves real ROI to your company.
THIS WAY
THIS WAY
PICK &CHOOSE
Start
MODULE IMAKING
DECISIONS
MODULE IITHE
FUNDAMENTALS
MODULE IIIACCOUNTING
FOR DECISIONS
MODULE IVBUDGETING & VALUATION
GETTING STARTEDSetting off on a learningjourney with Vlerick is thestart of a relationshipthat will last throughoutyour career.
THE FINISH LINEBut this is just the beginning Vlerickignites your passion for learning.So as you succeed in one goal, you andyour company may decide to createeven more value by pushing your learningwith us further still.
CORPORATE FINANCE PATH
MERGERS &ACQUISITIONS
PATH
PICK & CHOOSE PATHIf you need to learn
completely new things,you can create your
own path.
CORPORATE FINANCE Choose this route
if you want tostrengthen yourfinancial skills.
Choose this routeif you want to learn
how to makeacquisitions work.
THE ALUMNI NETWORKYou’ve now built a network of contactsyou’ll want to keep in touch with for the restof your working life. You’ll stay in contactwith faculty sta� too. Because being atVlerick isn’t a one-o� experience – it’s alifelong source of support and inspiration.
OLD FRIENDS, NEW SKILLSWe’ll be looking forward towelcoming you back to Vlerickthoughout your career.
LIFELONGLEARNING
Individualcoachingsessions
2 Days
Individualcoachingsessions
2 Days
MERGERS &ACQUISITIONS
StrategicHRM4 Days
StrategicHRM4 Days
ICT & BUSINESS PROCESS MANAGEMENT
Deliveringservice
excellence2 Days
Enterprisearchitecture
3 Days
Aligningbusiness
& I.T.3 Days
PEOPLEMANAGEMENT & LEADERSHIP
Negotiatingto create
value5 Days
Negotiationessentials
3 Days
Individualcoachingsessions
2 Days
Businesscoachingessentials
4 Days
Peoplemanagement
4 Days
Changefundamentals
3 Days OPERATIONS & SUPPLY CHAIN
Operationalexcellence
6 Days
Purchasingmanagement
2 Days
Projectmanagement
2 Days
GENERALMANAGEMENT & ENTREPRENEURSHIP
Expandingyour business
to China5 Days
Operatingbusiness in
a globaleconomy
2 Days
MARKETING & SALESKey account
management3 Days
Essentialsin marketingmanagement
4 Days
Productmanagement
4 Days
Retail& trade
marketing4 Days
Digitalstrategy
3 Days
Salesmanagement
3 Days
STRATEGY
Makingacquisitions
work3 Days
Successfulstrategy
execution3 Days
Essentialsin strategy
2 Days
ACCOUNTING & FINANCE Strategic
costmanagement
4 Days
Masteringcosts &budgets
3 DaysFundamentals
of financialmanagement
2 Days
INNOVATION
Corporateinnovation
management4 Days
Leadinginnovative
organisations4 Days
Understandingannual
accounts2 Days
HUMAN RESOURCE
Compensation& benefits
management4 Days
StrategicHRM4 Days
StrategicB2B
marketing4 Days
Brandmanagement &communication
4 Days
Structuring& financingM&A deals
3 Days
Internationalfinance
2 Days
Venturecapital &privateequity2 Days
Leadingglobalteams3 Days
Inspirationalleadership
4 Days
Selfleadership
2 Days
Corporateperformancemanagement
4 Days
ICT & BUSINESS PROCESS MANAGEMENT
Deliveringservice
excellence2 Days
Enterprisearchitecture
3 Days
Aligningbusiness
& I.T.3 Days
Individuividualcoachingsessions
2 Days
PEOPLEMANAGEMENT & LEADERSHIP
Negotiatingto create
value5 Days
Negotiationessentials
3 Days
Businesscoachingessentials
4 Days
Peoplemanagement
4 Days
Changefundamentals
3 Days OPERATIONS & SUPPLY CHAIN
Operationalexcellence
6 Days
Purchasingmanagement
2 Days
Projectmanagement
2 Days
GENERALMANAGEMENT & ENTREPRENEURSHIP
Expandingyour business
to China5 Days
Operatingbusiness in
a globaleconomy
2 Days
MARKETING & SALESKey account
management3 Days
Essentialsin marketingmanagement
4 Days
Retail& trade
marketing4 Days
Digitalstrategy
3 Days
Salesmanagement
3 Days
STRATEGY
Makingacquisitions
work3 Days
Successfulstrategy
execution3 Days
Essentialsin strategy
2 Days
ACCOUNTING & FINANCE Strategic
costmanagement
4 Days
Masteringcosts &budgets
3 DaysFundamentals
of financialmanagement
2 Days
INNOVATION
Leadinginnovative
organisations4 Days
Understandingannual
accounts2 Days
HUMAN RESOURCE
Compensation& benefits
management4 Days
StrategicHRM4 Days
StrategicB2B
marketing4 Days
Brandmanagement &communication
4 Days
Structuring& financingM&A deals
3 Days
Internationalfinance
2 Days
Venturecapital &privateequity2 Days
Leadingglobalteams3 Days
Inspirationalleadership
4 Days
Selfleadership
2 Days
Corporateperformancemanagement
4 Days
Productmanagement
4 Days
Corporateinnovation
management4 Days
Individualcoachingsessions
2 Days
ICT & BUSINESS PROCESS MANAGEMENT
Deliveringservice
excellence2 Days
Enterprisearchitecture
3 Days
Aligningbusiness
& I.T.3 Days
IIndividualcoachingsessions
2 Days
PEOPLEMANAGEMENT & LEADERSHIP
Negotiatingto create
value5 Days
Negotiationessentials
3 Days
Businesscoachingessentials
4 Days
Peoplemanagement
4 Days
Changefundamentals
3 Days OPERATIONS & SUPPLY CHAIN
Operationalexcellence
6 Days
Purchasingmanagement
2 Days
Projectmanagement
2 Days
GENERALMANAGEMENT & ENTREPRENEURSHIP
Expandingyour business
to China5 Days
Operatingbusiness in
a globaleconomy
2 Days
MARKETING & SALESKey account
management3 Days
Essentialsin marketingmanagement
4 Days
Retail& trade
marketing4 Days
Digitalstrategy
3 Days
Salesmanagement
3 Days
STRATEGY
Makingacquisitions
work3 Days
Successfulstrategy
execution3 Days
Essentialsin strategy
2 Days
ACCOUNTING & FINANCE Strategic
costmanagement
4 Days
Masteringcosts &budgets
3 DaysFundamentals
of financialmanagement
2 Days
INNOVATION
Leadinginnovative
organisations4 Days
Understandingannual
accounts2 Days
HUMAN RESOURCE
Compensation& benefits
management4 Days
StrategicHRM4 Days
StrategicB2B
marketing4 Days
Brandmanagement &communication
4 Days
Structuring& financingM&A deals
3 Days
Internationalfinance
2 Days
Venturecapital &privateequity2 Days
Leadingglobalteams3 Days
Inspirationalleadership
4 Days
Selfleadership
2 Days
Corporateperformancemanagement
4 Days
Productmanagement
4 Days
Corporateinnovation
management4 Days
Individualcoachingsessions
2 Days
In search of new business opportunities
4 Days
In search of new business opportunities
4 Days
In search of new business opportunities
4 Days
11
12
gHENT17-19 OCTOBER 2013
“Theprogrammeoffersanexcellenttrade-offbetweentheoryandapplicationonallaspectsofcorporatefinance.Goodvalueformoney!” Johan Bouserie Director Internal Audit Kinepolis group
CORE MODulE I MAKINg FINANCE DECIsIONs
REFREsHINg KEY CONCEPTsFirst,we’llusecasestudiesandaninteractiveonlinegametoremindyouofthefundamentals.
MAKINg CONTACTYou’llalsomeetyourfellowparticipantsandbeinvolvedindiscussionsandhighlyinteractivesessionsthatwillcharacterisethewholeofyourlearningjourneyatVlerick.
TOPICs COvERED
•Thepurposeofcorporatefinance•Overviewofrecentmajortransactions•Recapoffinancialstatementsandanalysis•Workingcapitalmanagement•Planningandfundraising•Introductiontocapitalbudgeting•Firmvaluation•Enterpriseriskmanagement
“TheExecutiveMasterClassinCorporateFinanceatVlerickhasproventobeofgreatvalueintheprocessofstartingupmyowncompany.Theinsightsgatheredthroughoutthevariouscourses,theoutstandinglevelofpracticalknowledgesharingandthecontinuoussupportfromVlerickstaff,haveenabledmetodevelopasoundandcomprehensivefinancialplanthatmadenegotiationswithfinancingpartnersmoretransparentandefficient.”
Mattias geusens Entrepreneur
CORE MODulE II THE FuNDAMENTAlsTHE THEORYWe’lldelveintothetheoriesthatunderpinallcorporatefinancedecisions.Thesewillincludecapitalbudgetingandfinancialstructuredecisionsandtheirimpactoninvestors’expectedreturns–aswellasyourcompany’saverageweightedcostofcapital.
vAluE CREATIONThisisthecentraltheme.Howdoyourfinancialdecisionscontributetovaluecreation?We’llbeexaminingexamplesandcasestudiestobringthetheorytolifeandpavethewayforfurtherlearning.
BRussEls 28-30 NOvEMBER 2013
13
14
“Asataxconsultantadvisingmultinationalcompaniesontransferpricingandinternationaltaxissues,Istartedthisjourneytolearnmoreaboutvaluationsandtheoptimalcapitalstructuresofgroups.TheExecutiveMasterClasswentbeyondmyinitialexpectations.Themarriageoftopacademicspeakerswithpeoplestandinginthemiddleoffiresonaday-to-daybasisprovidedtheinsightsIwaslookingfortoenhancemyconsultingprofile.Attendingtheclasssessionsandpreparingforthecoursesrequiresaninvestmentfromeachparticipant.However,thereturnyougetbackintermsofknowledge,networkbuildingandsheerfunispartoftheuniqueVlerickexperience.”
Kris smitsDirector Transfer PricingPriceWaterhouseCoopers
CORE MODulE III ACCOuNTINg FOR DECIsIONs
COMMuNICATINg THE FINANCIAl POsITIONThestateofacompany’shealthismeasuredbyitsnumbers.Accountingcommunicatesthefigurestoinvestors,managersandotherstakeholdersthroughfinancialstatements.Butthatinitselfisnotenough.Theyneedtobeabletointerpretthefinancialstatementstoo.Thismoduledealswithfinancialaccounting’slinkwiththerealeconomyinthecontextofinternationalfinancialmarkets.
TOPICs COvERED:
• Thelinkbetweenaccountingandvaluation•Valuationmethodsandvalueframeworks•Cashflowanalysis,includingliquidity andsolvencyratios•Profitabilityanalysis,includingreturn onnetoperatingassetsandROE
gHENT 19-21 DECEMBER 2013
“Althoughitrequiresalotofeffortfromeachparticipant,Ienjoyedtheprogrammealot.Thecombinationofacademicprofessorsandprovenbusinesspeopleisexcellent.Also,betweentheparticipantsalotofknowledgeandpracticeisshared,whichisveryuseful.”
Patsy lanslots Coordinator Treasury & Finance Projects PsA Antwerp
CORE MODulE Iv BuDgETINg & vAluATION
vAluE CREATIONThisshouldbethecornerstoneofeverycorporatestrategy-andeveryfinanceprofessionalshouldmasterhowtoappraisebothcompaniesandprojects.Youwillgainaprofoundunderstandingoftheconceptsofvalueandreturn,underconditionsofriskanduncertainty.
AssEssMENT AND ANAlYsIsYouwillalsolearnhowtoconductariskassessmentandacostofcapitalanalysisthatcanserviceasabasisfordiscountedcashflowmodelsandothervaluationtools,includingmultiples.Usingarealoptionsframework,youwillalsolearntoconductassessmentsthatfactorinmanagementflexibility.
TOPICs COvERED:•Riskandreturn
•Costofcapital
•ProjectappraisalmethodsincludingNPV,IRRandpayback
•CompanyvaluationtechniquesincludingDCFandmultiples
•Sensitivityanalysis
•MonteCarlosimulationandrealoptions
lEuvEN30-31 JANuARY, 1 FEBRuARY 2014
15
AFTER YOu’vE COMPlETED YOuR CORE MODulEs, YOu’ll BE ABlE TO CHOOsE FuRTHER suBJECTs FOR sTuDY.Thesecanhelpyoutodeveloporbroadenyourspecialism.Alternatively,youcouldchoosetolearnnewdisciplinesentirely.Toconsolidateorbroadenyourexpertise,youcanchoosefromthesesubjects:
CORPORATE FINANCE PATH
CHOOsE YOuR OWN PATH
sTRuCTuRINg AND FINANCINg M&A DEAlsCreate value through M&A: the financial perspectiveMergersandacquisitionshavebecomeapartoftoday’sincreasinglycompetitiveandglobaleconomicenvironment,andtheycanbeimportantstrategictoolsforcreatingvalue.YouwilllearnallthestepsinvolvedintheM&Aprocess–andyou’lldevelopanunderstandingofthefactorsthatcanmakeorbreakadeal.You’llbecomefamiliarwithtechniquesforselectingappropriateprospectsandstructuringthebestdeal.
3 DAYs: 19–21March2014(Brussels)
vENTuRE CAPITAl AND PRIvATE EQuITYDemystify venture capital and private equityStepbystep,we’lldemystifyventurecapitalandprivateequity.You’llbetacklingimportantquestionsincludinghowaVC/PEcompanyisstructured–andhowadealwiththemisconstructed.You’lllearnhowthisallowsthemtomitigatethehighlevelofrisk–andyou’llalsobecomefamiliarwithtermsheetsandwhat’sincludedinthem.
2 DAYs: 22–23April2014(Ghent)
INTERNATIONAl FINANCEMake the right financial decisions in an international context Capitalbudgetingdecisionsshouldtaketheinternationalcontextintoaccount–andthiselectivewillshowyouhow.You’lllearnabouttheimpactofexchangerateriskandthecomplexitiesofraisinginternationalfinance.
2 DAYs: 22-23May2014(Leuven)
ICT & BUSINESS PROCESS MANAGEMENT
Deliveringservice
excellence2 Days
Enterprisearchitecture
3 Days
Aligningbusiness
& I.T.3 Days
PEOPLEMANAGEMENT & LEADERSHIP
Negotiatingto create
value5 Days
Negotiationessentials
3 Days
Individualcoachingsessions
2 Days
Businesscoachingessentials
4 Days
Peoplemanagement
4 Days
Changefundamentals
3 Days OPERATIONS & SUPPLY CHAIN
Operationalexcellence
6 Days
Purchasingmanagement
2 Days
Projectmanagement
2 Days
GENERALMANAGEMENT & ENTREPRENEURSHIP
Expandingyour business
to China5 Days
Operatingbusiness in
a globaleconomy
2 Days
MARKETING & SALESKey account
management3 Days
Essentialsin marketingmanagement
4 Days
Productmanagement
4 Days
Retail& trade
marketing4 Days
Digitalstrategy
3 Days
Salesmanagement
3 Days
STRATEGY
Makingacquisitions
work4 Days
Successfulstrategy
execution3 Days
Essentialsin strategy
2 Days
ACCOUNTING & FINANCE Strategic
costmanagement
4 Days
Masteringcosts &budgets
3 DaysFundamentals
of financialmanagement
2 Days
INNOVATION
Corporateinnovation
management4 Days
Leadinginnovative
organisations4 Days
Understandingannual
accounts2 Days
HUMAN RESOURCE
Compensation& benefits
management4 Days
StrategicHRM4 Days
StrategicB2B
marketing4 Days
Brandmanagement &communication
4 Days
Structuring& financingM&A deals
3 Days
Internationalfinance
2 Days
Venturecapital &privateequity2 Days
Leadingglobalteams3 Days
Inspirationalleadership
4 Days
Selfleadership
2 Days
Corporateperformancemanagement
4 Days
In search of new business opportunities
4 Days
16
ICT & BUSINESS PROCESS MANAGEMENT
Deliveringservice
excellence2 Days
Enterprisearchitecture
3 Days
Aligningbusiness
& I.T.3 Days
PEOPLEMANAGEMENT & LEADERSHIP
Negotiatingto create
value5 Days
Negotiationessentials
3 Days
Businesscoachingessentials
4 Days
Peoplemanagement
4 Days
Changefundamentals
3 Days OPERATIONS & SUPPLY CHAIN
Operationalexcellence
6 Days
Purchasingmanagement
2 Days
Projectmanagement
2 Days
GENERALMANAGEMENT & ENTREPRENEURSHIP
Expandingyour business
to China5 Days
Operatingbusiness in
a globaleconomy
2 Days
MARKETING & SALESKey account
management3 Days
Essentialsin marketingmanagement
4 Days
Retail& trade
marketing4 Days
Digitalstrategy
3 Days
Salesmanagement
3 Days
STRATEGY
Makingacquisitions
work3 Days
Successfulstrategy
execution3 Days
Essentialsin strategy
2 Days
ACCOUNTING & FINANCE Strategic
costmanagement
4 Days
Masteringcosts &budgets
3 DaysFundamentals
of financialmanagement
2 Days
INNOVATION
Leadinginnovative
organisations4 Days
Understandingannual
accounts2 Days
HUMAN RESOURCE
Compensation& benefits
management4 Days
StrategicHRM4 Days
StrategicB2B
marketing4 Days
Brandmanagement &communication
4 Days
Structuring& financingM&A deals
3 Days
Internationalfinance
2 Days
Venturecapital &privateequity2 Days
Leadingglobalteams3 Days
Inspirationalleadership
4 Days
Selfleadership
2 Days
Corporateperformancemanagement
4 Days
Productmanagement
4 Days
Corporateinnovation
management4 Days
Individualcoachingsessions
2 Days
In search of new business opportunities
4 Days
ICT & BUSINESS PROCESS MANAGEMENT
Deliveringservice
excellence2 Days
Enterprisearchitecture
3 Days
Aligningbusiness
& I.T.3 Days
PEOPLEMANAGEMENT & LEADERSHIP
Negotiatingto create
value5 Days
Negotiationessentials
3 Days
Businesscoachingessentials
4 Days
Peoplemanagement
4 Days
Changefundamentals
3 Days OPERATIONS & SUPPLY CHAIN
Operationalexcellence
6 Days
Purchasingmanagement
2 Days
Projectmanagement
2 Days
GENERALMANAGEMENT & ENTREPRENEURSHIP
In search of new business opportunities
4 Days
Expandingyour business
to China5 Days
Operatingbusiness in
a globaleconomy
2 Days
MARKETING & SALESKey account
management3 Days
Essentialsin marketingmanagement
4 Days
Retail& trade
marketing4 Days
Digitalstrategy
3 Days
Salesmanagement
3 Days
STRATEGY
Makingacquisitions
work4 Days
Successfulstrategy
execution3 Days
Essentialsin strategy
2 Days
ACCOUNTING & FINANCE Strategic
costmanagement
4 Days
Masteringcosts &budgets
3 DaysFundamentals
of financialmanagement
2 Days
INNOVATION
Leadinginnovative
organisations4 Days
Understandingannual
accounts2 Days
HUMAN RESOURCE
Compensation& benefits
management4 Days
StrategicHRM4 Days
StrategicB2B
marketing4 Days
Brandmanagement &communication
4 Days
Structuring& financingM&A deals
3 Days
Internationalfinance
2 Days
Venturecapital &privateequity2 Days
Leadingglobalteams3 Days
Inspirationalleadership
4 Days
Selfleadership
2 Days
Corporateperformancemanagement
4 Days
Productmanagement
4 Days
Corporateinnovation
management4 Days
Individualcoachingsessions
2 Days
MERgERs AND ACQuIsITIONs PATHsTRuCTuRINg AND FINANCINg M&A DEAlsCreate value through M&A: the financial perspective
Mergersandacquisitionshavebecomeapartoftoday’sincreasinglycompetitiveandglobaleconomicenvironment,andtheycanbeimportantstrategictoolsforcreatingvalue.YouwilllearnallthestepsinvolvedintheM&Aprocess–andyou’lldevelopanunderstandingofthefactorsthatcanmakeorbreakadeal.You’llbecomefamiliarwithtechniquesforselectingappropriateprospectsandstructuringthebestdeal.
3 DAYs19–21March2014(Brussels)
MAKINg ACQuIsITIONs WORKCreate value through M&A: the strategic perspective
Thisprogrammewillallowyoutomastertheacquisitionprocessfromstrategytointegration.Itwillequipyouwiththeperspectiveandframeworksthatallowyoutoprioritizethemanydecisionsinvolved.Youwillbelearningfromandsparringwithworldclassfacultywhocombineacareerofpragmaticresearchandwisdomfrompractice.Theprogrammewilluseamixtureofcases,discussionandapplicationtoyourownacquisitionchallenges.
3 DAYs16-18June2014(Brussels)
NEgOTIATION EssENTIAlsMake the impossible possible
Asuccessfulnegotiatormakeseveryonefeelawinner.Sowetakeyouwellbeyondtraditionalprocessesandtactics.You’lldeveloptheskillsyouneedtodealwithmultiplepartiesandclosedealsinthebestpossibleway.
3 DAYs7-9May2014(Ghent)
PICK & CHOOsE PATHYousimplyselectthe2-3subjectsmostsuitedtoyouacross7-9days.Or just contact us for further advice.
17
Fromthefirstdayyoustepontoourbeautifulcampuses,you’llmeetinspiringpeopleyou’llwanttostayintouchwithfortherestofyourprofessionallife.
WehaveaveryactivenetworkofVlerickalumni–morethan17.000peoplein100countriesworldwide.
Soevenwhenyourprogrammehasfinished,you’llstillbepartofoneofthemostvibrantbusinesscommunitiesintheworld.
THE vlERICK NETWORK
THE vlERICKNETWORKORgANIsEsREgulAR EvENTs,AND HAs ONlINEFORuMs THATYOu’ll BEENCOuRAgED TOTAKE PART IN.
18
DATEs AND lOCATIONs
Core Module I October17-19,2013,GhentCore Module II November28-30,2013,BrusselsCore Module III December19-21,2013,GhentCore Module Iv January30-31,February1,2014,Leuven
The dates and locations of the electivesdepend on the path you’ve choosen(also see pp. 16 - 17).
lANguAgE English
YOuR CERTIFICATEWhen you successfully complete yourcompany project, three graded assignments and attend at least 80% of the lectures, youwill be awarded the Executive Master Classin Corporate Finance Certificate.
TuITION FEEThe programme fee is €12,345. This includes instruction and project coaching, teaching and supporting materials. Additional seminar costsare €1,495. These include coffee breaks, lunches, dinners and evening activities. Travel expenses and hotel costs are not included.
All fees exclude VAT @ 21%.
Tuition fees are billed after registration and must be settled before you start the programme.
PROgRAMME INFORMATION CONTACT us
Marijke Van LeeuwenProgramme AssistantT: +32 9 210 99 10E: [email protected]
Stijn De ZutterProgramme ManagerT: +32 9 210 98 88E: [email protected]
Find more info andthe application form:www.vlerick.com/ emccf
CANCEllATIONsPlease check our terms andconditions at vlerick.com/conditions
APPlY NOWYou must have at least three years ofrelevant professional experience to applyfor this programme.
If you would like to join us in October, pleasecomplete the application form. Please rememberthat we limit the number of participants, so it’sbest to apply as early as possible.
For an application form, please visit vlerick.com/emccf
CONCEssIONs• Special reduction of 10% for gold and platinum
members of Vlerick Alumni• KMO Portefeuille and other governmental
subsidies• Vlerick Social Profit Grants for
not-for-profit organisations
For more information,please visit vlerick.com/benefits
JOIN ONE OF OuR INFO sEssIONsVisit our campus to talk to current participantsand programme staff.
For information and dates,please visit vlerick.com/infosessions
19
BRussEls - gHENT - lEuvEN - sT. PETERsBuRgvlERICK BusINEss sCHOOl - THE BusINEss sCHOOl OF gHENT uNIvERsITY AND Ku lEuvENsTICHTINg vAN OPENBAAR NuT - PuBlIC uTIlITY FOuNDATION - vAT BE 0424 244 049HQ: REEP 1 - 9000 gHENT - BElgIuM - T + 32 9 210 97 [email protected] - WWW.vlERICK.COM