majors and minors accounting, finance and actuarial and ... · pdf fileand financial...

Majors and Minors

Accounting, Finance and Actuarial and financial engineering

(HIR/BEng)

Katrien Antonio, Liesbeth Bruynseels, Kristien Smedts

March 16, 2016

The AFI research group •  AFI is short for Accountancy, Finance, and Insurance. •  AFI’s educational coordinators:

Accounting, Auditing, Revisoraat

Risk & Finance Insurance, Actuarial & Financial Engineering

Prof. dr. Liesbeth Bruynseels Prof. dr. Kristien Smedts Prof. dr. Katrien Antonio

‘Future selves’ of AFI students

‘Future selves’ of AFI students

CFO Accounting and financial management

Banker/Regulator Financial markets, institutions, risk and

regulation

Auditor/Controller Accountancy and auditing

Actuary/Risk modeller Insurance, actuarial and financial

engineering

AFI Master education

Career outlook -  In the short run: financial analist, controller, auditor,

consultant, corporate finance expert, … -  In the long-run: Chief Financial Officer of an

internationally oriented company, …

Profile of CFO 1


Training in accountancy and financial management -  Accountancy: Risk Management & Control,

International Accounting, Introduction to Auditing and International Auditing Standards

-  Financial management : Strategic Financial Management, International Business Finance, Financial Statement Analysis and Valuation

Profile of CFO 1

Major/Minor

A&FM


Masterpaper setup (24 stp) -  Research paper of 30 pages -  In groups of two students -  Defense during a poster session -  Research seminar (o.a. databases, methodology,

statistical software)

Profile of CFO 1


Masterpaper topics (selection) -  Audit partner rotation: evidence for the Belgian audit market -  Audit committee replacement following opportunistic insider

trading -  Reputation in Managerial reporting: Honesty and Capability -  Financial constraints and innovation -  The effect of the Notional Interest Rate Deduction on the

capital structure of Belgian firms -  The determinants of the choice between a formal liquidation

and a formal reorganization procedure

Profile of CFO 1


Career outlook -  In the short run: financial analist, consultant in

financial services, risk manager, asset manager, trader, asset and liability manager, …

-  In the long-run: executive in a financial services

company/regulator, financial expert, …

Profile of banker/regulator 2


Training in risk and finance -  Markets: Asset pricing, Financial products, Trading and

exchanges

-  Banking: Economics of financial intermediation

-  Risk: Risk management in financial institutions, Loss models


Major

Risk&Finance


Further specialization in finance -  Corporate finance: Strategic financial management,

Financial statement analysis & valuation, International business finance

-  Banking: Credit and Banking, Business Finance

-  Financial Economics: Macro-finance, Empirics of financial markets


Minor

Finance


Masterpaper setup (24 stp): see profile 1



Masterpaper topics (selection) -  Return predictability of Bitcoin/USD -  Modelling macro-economic stress test and its impact on

credit portfolio quality -  Liquidity risk and multiple venues -  Uncertainty and Systematic Risk in banking -  Business models of banks in the new regulatory context: the

ideal sweetspot for capital, liquidity and leverage? -  Stress tests and banks’ incentives for private information

disclosure



Career outlook -  In the short run: actuary, risk manager/modeller,

financial engineer, quant trader, regulator, … -  In the long-run: executive in a financial services

company, chief actuary, regulator, insurance expert, …

Profile of actuary/quantitative risk modeller 3


Your gateway to a career in actuarial and financial engineering: (1) HIR: Minor Financiële en Actuariële Wetenschappen;

(2) BEng: Major Risk & Finance and Minor Financial & Actuarial Engineering;

(3) (Rest of) MSc in Insurance Studies + MSc in Financial and Actuarial Engineering.

Profile of actuary/quantitative risk modeller

3


Profile of actuary/quantitative risk modeller 3

More about this ‘future self’ from www.lrisk.be See ‘Education’ pages and ‘Alumni’ section on LRisk website.

“I believe the MFAE is a perfect complementary master for business engineers with an aptitude for quantitative courses.” Alexander Vandewiele, BEng, MSc Insurance Studies & MFAE 2015


Career outlook

financial manager

Auditor controller

Information manager

(tax) consultant

Profile of auditor/controller 4


Training in accountancy and auditing Preparation to become certified auditor and accountant, with specialization in the area of: -  Accountancy and Auditing: Auditing, Boekhoudrecht

Prakt i jkcol lege account ing, Deontologie van accountancy en revisoraat

-  Law: Vennootschapsbelasting, Personenbelasting, B e l a s t i n g o v e r d e t o e g e v o e g d e w a a r d e , Vennootschapsrecht, Sociale wetgeving


Major

Accountancy & Auditing


Further specialisation in accountancy and/or auditing -  Accountancy and Auditing: Introduction to auditing

and IAS, Boekhoudrecht, Praktijkcollege accounting, Deontologie van accountancy en revisoraat, International accounting, Reporting for banks, Reporting for insurance companies

-  Auditing: Vennootschapsbelasting, Personenbelasting, Belasting over de toegevoegde waarde, Vennootschapsrecht, Sociale wetgeving


Minor

Accountancy & Auditing


Masterpaper setup (24 stp): see other profiles.


Mark magazine with De Standaard March 4, 2016

Masterpaper topics (a selection) -  Audit Committee Chair versus CEO Power and

Earnings Quality -  TARP banks and their auditors -  Internal control deficiencies and Earnings Reliability:

the role of the auditor -  Audit partner rotation: Evidence for the Belgian bank

audit market -  Audit firm rotation and market entry



More information? •  AFI is your gateway for a career in Accounting, Audit,

Finance, Risk or Actuarial & Financial Engineering!

•  Contact our educational coordinators for more information:

[email protected] [email protected] [email protected]

majors and minors accounting, finance and actuarial and ... · pdf fileand financial...

Documents