Financial Engineering

Learning outcomes

• Contribute to an organisation's investment and financing strategy, taking into account the WAMU (UMOA) monetary and financial environment and non-financial criteria.
• Diagnose and value a company, listed or unlisted, from financial information prepared under the revised SYSCOHADA or IFRS.
• Structure the financing of a company or project, including through public-private partnership and on the regional financial market.
• Carry out a merger, acquisition or financial restructuring, including under OHADA procedures.
• Manage an organisation's cash and measure the tax implications of its financial transactions.
• Measure, hedge and control financial risks, and apply banking, insurance and anti-money laundering regulatory requirements.
• Manage a finance team and negotiate with banks, investors, funders and authorities.

The programme

4 semesters. The first three are taught semesters; the fourth is devoted to the professional assignment and the dissertation.

Target careers

• Financial and ESG analyst
• Valuation and mergers and acquisitions analyst
• Project finance and public-private partnership officer
• Corporate relationship manager at a credit institution
• Credit analyst
• Corporate treasurer
• Financial risk analyst
• Compliance and anti-money laundering officer
• Portfolio manager
• Financial engineering and fundraising consultant
• Financial controller
• Sustainable finance project officer

After three to five years' experience: chief financial officer, head of structured finance, head of risk or compliance at a financial institution, engagement director in financial advisory, group treasurer.

Sectors

• Banks, financial institutions and financial holding companies of the WAMU (UMOA)
• Microfinance institutions and payment service providers
• Market intermediaries, asset management companies and collective investment schemes on the regional financial market
• Insurance companies governed by the Insurance Code of the CIMA member states
• Large companies, groups and growing SMEs: finance and treasury departments
• Financial advisory, audit and accounting firms
• Government finance departments, local authorities, state-owned enterprises and public-private partnership units
• Development finance institutions, investment funds and funders active in the region

Admission

Who is it for?

• Working professionals holding a Bachelor's degree who wish to move into specialist or management roles: this is the main target group, for whom the online option and the in-job assignment were designed.
• Bachelor's graduates in a relevant field continuing their studies.
• Holders of a relevant maîtrise (four-year degree), eligible for entry into Year 2.

Prerequisites

Students holding a Bachelor's degree in a field relevant to the Master's, or a qualification accepted as exempt or equivalent, may enrol in Year 1; admission is not automatic and is based on a test and/or a review of the application file. Bachelor's degrees in finance, accounting, management or economics are expected, including degrees in banking, finance and accounting-control-audit. Knowledge expected on entry: financial accounting under the revised SYSCOHADA, the basics of financial analysis, elementary financial mathematics, descriptive statistics, everyday use of spreadsheets. Regular access to a computer (a tablet is not enough for financial modelling) and, for the online mode, an internet connection good enough to follow a virtual class.

Admission routes

Route	Entry	Requirements
Holder of a relevant Bachelor's degree	Year 1	Bachelor's degree in a relevant field, or a qualification accepted as exempt or equivalent; “Admission is not automatic. It is based on a test and/or a review of the application file.”
Holder of a maîtrise (four-year degree)	Year 2	Maîtrise in a field relevant to the Master's; review of the application file.
Continuing education	Year 1 or 2	Same degree requirements; professional application file and interview; online study option available.

After a Bachelor's degree from ERUDIA or elsewhere

Your Bachelor's degree	Access to the Master's
Professional Bachelor's degree in Human Resources Management	On application, with a refresher course

Short certificates drawn from this programme

To study part of the programme without taking the full degree:

• Financing Structures and Mergers and Acquisitions - Specialist Certificate, 20 weeks, 300,000 FCFA
• Financial Analysis and Business Valuation - Specialist Certificate, 20 weeks, 300,000 FCFA
• Cash Management and Banking Relationships - Professional Certificate, 4 weeks, 200,000 FCFA
• Banking Compliance and Anti-Money Laundering - Professional Certificate, 4 weeks, 200,000 FCFA
• Financial Modelling and Business Planning - Professional Certificate, 4 weeks, 200,000 FCFA

Tuition fees

Master's tuition fees, per year

Year of study	Annual tuition
Master's, Year 1	799,900 FCFA
Master's, Year 2	899,900 FCFA

Amount payable to confirm enrolment: 200,000 FCFA.

Application fee: 10,000 FCFA.