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MA-ECON DETAILED SHEET Master in Economics : General This programme is taught in english. Job opportunities Programme objectives Our graduates typically find work as applied economists, policymakers, consultants and business professionals in sectors and jobs requiring advanced knowledge of how the economy works and strong technical and analytical skills, including: The Master in Economics trains students to become applied economists, policymakers, consultants and business professionals in sectors and jobs requiring technical and analytical skills. It provides them with up-to-date quantitative and conceptual tools for economic, statistical and financial analysis, and it prepares them for policy and business practice. Both master programmes have a strong European flavour which manifests itself in specialized courses (such as European competition policy) or in the careful consideration, in other courses, of the specifics of the European dimension. Executive, analyst or project manager in national and international public or private organizations, including NGOs Strategy or economic consultant Auditor and management control Business analyst and IT consultant Regulator or analyst in policy think tanks Executive in the financial, industrial and services sectors The Master in Economics is offered in two flavours: The Master in Business Economics develops the students grasp of business, economics and policy issues, and highlights their interactions (e.g. finance and financial regulation, strategy and competition policy, regulation and lobbying etc.). The Master in Economic Analysis and European Policy covers the full range of economic issues (employment, competition, growth, development, redistribution etc.) and policy-making challenges, from the sector- or industry-level to the national economy and the world. Examples of alumni include : Business Economics Luis Correia da Silva, Partner, Oxera Consulting LLP Amela Hubic, Senior Advisor to the executive director International Monetary Fund (IMF) Céline Piton, Economist, National Bank of Belgium (NBB) Competences framework Philippe Vanhuynegem, Director International Labour Organization Office for the Andean Countries International Labour Organization (Perù) Profil d'enseignement [http://sam-docs.ulb.ac.be/ referentiels/201819/s/m-econp.pdf] Zoltan Galyo, Head of FI Structuring Lloyds Banking Group, Lloyds Banking Group Economic Analysis & European Policy Jean-Marc Delporte, Executive Board Chairman, Ministry of Economy (SPF économie) Michel Englert, Plan Advisor Head of the General Directorate at the Belgian Federal Planning Bureau (Bureau Fédéral du Plan) Zoé Génot, Member, Brussels Parliament Joëlle Liebermann, Economist, European Investment Bank Peter Praet, Member of the Executive Board, European Central Bank Profil d'enseignement M-ECONB [http://sam-docs.ulb.ac.be/ referentiels/201819/s/m-econb.pdf] Curriculum Both variants of the Master consist of compulsory core courses and optional courses, and require the writing of a master thesis. The following tables provide an overview of the structure of each programme. The Master in Business Economics offers three specialization tracks (mineures) which must be chosen at the time of registration. Page 1/28

EU Regulation and Economy, EU and International Business, Financial Markets and Services. contacts with companies throughout Belgium and around the world. From their graduation onwards, students benefit from a strong and active alumni network [http://www.solvay.edu/ alumni] with about 21,500 members in 65 countries. Study-abroad programmes The Master in Economic Analysis and European Policy offers four specialization tracks: The Masters in Economics offer several opportunities to study abroad: The international exchange programme [http:// www.solvay.edu/outgoing-students], with more than 110 partner universities in 40 countries The double degree [http://www.solvay.edu/creditedinternship-programme] programme with University LUISS Guido Carli in Rome (Economic Analysis & European Policy) The master with QTEM network [http://www.qtem.org] (Business Economics) Europe and the World, Innovation and Markets, Socio-economic Policy. Benefits of the training The Solvay Brussels School assets A location at the heart of Europe, as part of a complete research university, Université libre de Bruxelles. An international faculty made of high-level researchers and accomplished practitioners who work together to ensure that the training we provide is both relevant for business and policy practice and corresponds to the state of art. A tradition of rigorous and demanding curricula based on solid multidisciplinary and analytical training, and the promotion of critical thinking and problem solving skills. A diversity of teaching methods that are constantly revised to ensure teaching effectiveness. A diverse and international student body (up to 80% in some master programmes). A complete programme offering covering the education needs in economics and business from the bachelor to in-company training. Accreditation from EQUIS (European Foundation for Management Development) and AMBA (Association of Masters of Business Administration). The AACSB (Association to Advance Collegiate Schools of Business) accreditation is underway. Career services SBS-EM offers its students several resources for career development: Credited Internship [http://www.solvay.edu/creditedinternship-programme] s (full-time, for minimum 3 months maximum 6 months) allow participating students to gain work experience, apply their academic training, and develop their professional network before graduation. Career Service [http://www.solvay.edu/career-services] s provide practical guidance and preparation for the job market (workshops, writing a CV and application letters, interview simulations, manage their profile on Linked In etc.) and organize events (lectures and seminars) with prominent business figures, presenting companies and their employment opportunities. Over the years, the SBS-EM has developed a wide network of recruiters and alumni and has established Teaching methods SBS-EM programmes emphasize the acquisition of both analytical skills and problem-solving skills. They combine conceptual courses, where students learn techniques and their underlying theoretical underpinnings, with practical workshops and with individual and team-based projects, where students can test their understanding of the theory and develop their ability to apply it creatively to real problems. Critical, creative and independent thinking is required. SBS-EM leverages its wide-ranging international exchange programmes to offer students training opportunities abroad during their studies. The Masters also offer the possibility to include a credited internship in the cursus. International/Openness SBS-EM prepares its graduates to careers in multicultural and international environments. The curriculum includes language courses to prepare our students for multilingual work environments. Students are exposed in most courses to the international dimensions of policy and managerial decisionmaking. Finally, students can avail themselves of a rich offering of study-abroad and double-degree programmes. These international experiences offer them an opportunity to enrich their curriculum and broaden their horizon and are an essential element of professional life in a globalized world. International Exchange Programme Students may spend one semester abroad in one of our 110 partner universities. For more information, see www.solvay.edu/ outgoing-students [http://www.solvay.edu/outgoing-students]. Double Degree with LUISS in Economics Analysis & European Policy The Master in Economic Analysis & European Policy offers a double degree (1st year at ULB, 2nd year at the partner institution) with LUISS Guido Carli [http://www.luiss.edu] in Rome, Italy. For more information, see www.solvay.edu/double-degrees [http:// www.solvay.edu/double-degrees]. The QTEM networked master in Business Economics Qualified Business Economics master students can enrol in the Quantitative Techniques for Economics and Management (QTEM) Page 2/28

Master. The QTEM master provides participants with an enhanced training in quantitative and analytical skills and two international experiences (two exchanges or one exchange and one long term internship). The QTEM network currently includes 12 partners. For more information, see www.qtem.org. Programme title: Master in Economics : General Programme mnemonic: MA-ECON Studies level: Masters 120 credits Progression per curriculum unit The concept of a year of studies gives way to a system of accumulation of credits based on the student s individual programme. The cycle programme is offered in units of 60 credits. The units of 60 credits are proposed as an ideal course of study for students enrolled in this programme. Learning language: Schedule: Campus: Solbosch Page 3/28

MA-ECON COURSES PROGRAMME Master in Economics : General Bloc 1 Business Economics Tronc commun Cours obligatoire ECON-S407 Applied econometrics VERARDI Vincenzo (Coordinator) ECON-S419 International macroeconomics and finance KOLLMANN Robert (Coordinator) ECON-S421 The economics of regulation ( Chaire Vanommeslaghe) ESTACHE Antonio (Coordinator) ECON-S441 Advanced microeconomics DEWATRIPONT Mathias (Coordinator) GEST-S405 European regulation and business environment STAT-S502 Strategy and strategic analysis HENSMANS Manuel (Coordinator) GEST-S519 Advanced corporate finance OOSTERLINCK Kim (Coordinator) GEST-S468 Advanced accounting MICHAUX Jean-Philippe (Coordinator) 5 credits [lecture: 36h, tutorial classes: 24h] GEST-S410 Data management and analytics DEVILLE Pierre (Coordinator) 5 credits [lecture: 36h, tutorial classes: 24h] Cours semi-obligatoires A total of five credits chosen from the following ECON-S412 Game theory with applications to economics KIRCHSTEIGER Georg (Coordinator) STAT-S401 Analyse statistique multivariée DEHON Catherine (Coordinator) Une option à choisir parmi (la même en bloc 1, bloc 2 and bloc P) : M-ECONB-R Module European Regulation and Economy page 18 M-ECONB-I Module European and International Business page 21 M-ECONB-F Module Financial Markets and Services page 25 Page 4/28

MA-ECON COURSES PROGRAMME Master in Economics : General Bloc 2 Business Economics Tronc commun ECON-S531 Business economics workshop ESTACHE Antonio (Coordinator) MEMO-S501 Mémoire 15 credits [personal assignments: 360h] Langue LANG-S402 Néerlandais III SONCK Gerda (Coordinator) 5 credits [seminars: 24h] Dutch Prérequis: Le cours en ligne LANG-S408 est un prérequis pour le cours de Néerlandais III. Le cours en ligne compte pour 20% de la cote finale de LANGS-402. Une option à choisir parmi (la même en bloc 1, bloc 2 and bloc P) : M-ECONB-R Module European Regulation and Economy page 18 M-ECONB-I Module European and International Business page 21 M-ECONB-F Module Financial Markets and Services page 25 Page 5/28

MA-ECON COURSES PROGRAMME Master in Economics : General Bloc P Business Economics Tronc commun Cours obligatoire ECON-S407 Applied econometrics VERARDI Vincenzo (Coordinator) ECON-S419 International macroeconomics and finance KOLLMANN Robert (Coordinator) ECON-S421 The economics of regulation ( Chaire Vanommeslaghe) ESTACHE Antonio (Coordinator) ECON-S441 Advanced microeconomics DEWATRIPONT Mathias (Coordinator) GEST-S405 European regulation and business environment STAT-S502 Strategy and strategic analysis HENSMANS Manuel (Coordinator) GEST-S519 Advanced corporate finance OOSTERLINCK Kim (Coordinator) GEST-S468 Advanced accounting MICHAUX Jean-Philippe (Coordinator) 5 credits [lecture: 36h, tutorial classes: 24h] GEST-S410 Data management and analytics DEVILLE Pierre (Coordinator) 5 credits [lecture: 36h, tutorial classes: 24h] Cours semi-obligatoires A total of five credits chosen from the following ECON-S412 Game theory with applications to economics KIRCHSTEIGER Georg (Coordinator) STAT-S401 Analyse statistique multivariée DEHON Catherine (Coordinator) ECON-S531 Business economics workshop ESTACHE Antonio (Coordinator) MEMO-S501 Mémoire 15 credits [personal assignments: 360h] Langue LANG-S402 Néerlandais III SONCK Gerda (Coordinator) 5 credits [seminars: 24h] Dutch Prérequis: Le cours en ligne LANG-S408 est un prérequis pour le cours de Néerlandais III. Le cours en ligne compte pour 20% de la cote finale de LANGS-402. Page 6/28

Une option à choisir parmi (la même en bloc 1, bloc 2 and bloc P) : M-ECONB-R Module European Regulation and Economy page 18 M-ECONB-I Module European and International Business page 21 M-ECONB-F Module Financial Markets and Services page 25 Page 7/28

MA-ECON COURSES PROGRAMME Master in Economics : General Bloc 1 Economic Analysis and European Policy Cours obligatoires ECON-S407 Applied econometrics VERARDI Vincenzo (Coordinator) ECON-S409 Institutions and development ROLAND Gérard (Coordinator) ECON-S410 Seminars on econometrics DEMUYNCK Thomas (Coordinator) 5 credits [seminars: 24h] ECON-S441 Advanced microeconomics DEWATRIPONT Mathias (Coordinator) ECON-S442 Mathematics and economic modelling DEMUYNCK Thomas (Coordinator), DE ROCK Bram and GASSNER Marjorie 5 credits [lecture: 36h, tutorial classes: 24h] STAT-S401 Impact analysis VERWIMP Philip (Coordinator) 5 credits [lecture: 12h, tutorial classes: 12h] MATH-S400 Macroeconomic Theory and Policy WEIL Philippe (Coordinator) ECON-S453 Analyse statistique multivariée DEHON Catherine (Coordinator) Langue LANG-S405 Pratique de l'anglais et du néerlandais TUDOR Ian (Coordinator), PRINGLE Nicholas, SONCK Gerda and TOPS Evie 5 credits [language practice: 36h] /Dutch Cours à options An alternative chosen from the three following Filière innovation et marchés - Innovation and markets BIME-G5505 Interfaculty & interdisciplinary program in translational medicine STEVENS Hilde (Coordinator) 5 credits [lecture: 40h, tutorial classes: 20h] ECON-O502 European Competition Policy : Theory and Cases LEGROS Patrick (Coordinator) and BELLIS Jean-François Maximum 10 students allowed. ECON-S418 Economics of European integration MAGERMAN Glenn (Coordinator) Page 8/28

ECON-S451 Advanced industrial organization LEGROS Patrick (Coordinator) and BOUTIN Xavier GEST-S425 Industrial and innovation policy CINCERA Michele (Coordinator) GEST-S496 Corporate restructuring BECHT Marco (Coordinator) GEST-S514 Research Seminar in Business History (Chaire Kurgan-van Hentenryk) BERTRAMS Kenneth (Coordinator) GEST-S504 Advanced topics in the economics of innovation VAN POTTELSBERGHE Bruno (Coordinator) or Filière l'europe et le Monde - Europe and the world ECON-S320 Advanced topics in international economics PARENTI Mathieu (Coordinator) ECON-S419 International macroeconomics and finance KOLLMANN Robert (Coordinator) ECON-S422 Croissance et fluctuation MEON P.-Guillaume (Coordinator) ECON-S432 Advanced international trade CONCONI Paola (Coordinator) and PARENTI Mathieu or Filière Politique socio-économique - Socio economics policy BIME-G5505 Interfaculty & interdisciplinary program in translational medicine STEVENS Hilde (Coordinator) 5 credits [lecture: 40h, tutorial classes: 20h] ECON-O502 European Competition Policy : Theory and Cases LEGROS Patrick (Coordinator) and BELLIS Jean-François Maximum 10 students allowed. ECON-S421 The economics of regulation ( Chaire Vanommeslaghe) ESTACHE Antonio (Coordinator) POLI-S426 Economie politique des revenus et des inégalités en Europe et dans le monde DE MEULEMEESTER Jean Luc (Coordinator) Page 9/28

POLI-S428 Lobbying and political interests in the EU BOUCHER Stephen (Coordinator) Page 10/28

MA-ECON COURSES PROGRAMME Master in Economics : General Bloc 2 Economic Analysis and European Policy Cours obligatoires ECON-S412 Game theory with applications to economics KIRCHSTEIGER Georg (Coordinator) ECON-S424 Cost benefit analysis of Public Decisions DRUMAUX Anne (Coordinator) MEMO-S502 Mémoire 15 credits One course chosen from the following GEST-S551 Project management HOFFMANN FREDERIC (Coordinator) 5 credits [seminars: 24h] GEST-S564 Project management HOFFMANN FREDERIC (Coordinator) 5 credits [seminars: 24h] Module d'options An alternative chosen from the two following Deux modules à choisir Up to 45 credits chosen from the following Filière innovation et marchés - Innovation and markets BIME-G5505 Interfaculty & interdisciplinary program in translational medicine STEVENS Hilde (Coordinator) 5 credits [lecture: 40h, tutorial classes: 20h] ECON-O502 European Competition Policy : Theory and Cases LEGROS Patrick (Coordinator) and BELLIS Jean-François Maximum 10 students allowed. ECON-S411 Economie des relations verticales SEKKAT Khalid (Coordinator) ECON-S418 Economics of European integration MAGERMAN Glenn (Coordinator) ECON-S451 Advanced industrial organization LEGROS Patrick (Coordinator) and BOUTIN Xavier GEST-S425 Industrial and innovation policy CINCERA Michele (Coordinator) Page 11/28

GEST-S496 Research Seminar in Business History (Chaire Kurgan-van Hentenryk) BERTRAMS Kenneth (Coordinator) GEST-S504 Corporate restructuring BECHT Marco (Coordinator) GEST-S514 Advanced topics in the economics of innovation VAN POTTELSBERGHE Bruno (Coordinator) Filière l'europe et le Monde - Europe and the world ECON-O405 Common agricultural policy MELONI Giulia (Coordinator) Ce cours ne sera pas donné en 2018-2019 ECON-S320 Advanced topics in international economics PARENTI Mathieu (Coordinator) ECON-S418 Economics of European integration MAGERMAN Glenn (Coordinator) ECON-S419 Advanced international trade CONCONI Paola (Coordinator) and PARENTI Mathieu ECON-S455 Croissance et fluctuation MEON P.-Guillaume (Coordinator) ECON-S432 International macroeconomics and finance KOLLMANN Robert (Coordinator) ECON-S422 Tax Policy in the European Union NICODEME Gaëtan (Coordinator) Filière Politique socio-économique - Socio economics policy BIME-G5505 Interfaculty & interdisciplinary program in translational medicine STEVENS Hilde (Coordinator) 5 credits [lecture: 40h, tutorial classes: 20h] ECON-O502 European Competition Policy : Theory and Cases LEGROS Patrick (Coordinator) and BELLIS Jean-François Maximum 10 students allowed. ECON-S414 Questions approfondies d'économie publique TOJEROW Ilan (Coordinator) ECON-S421 The economics of regulation ( Chaire Vanommeslaghe) ESTACHE Antonio (Coordinator) ECON-S452 Environmental economics CANTILLON Estelle (Coordinator) ECON-S529 Development economics VERWIMP Philip (Coordinator) POLI-S426 Economie politique des revenus et des inégalités en Europe et dans le monde DE MEULEMEESTER Jean Luc (Coordinator) POLI-S428 Lobbying and political interests in the EU BOUCHER Stephen (Coordinator) Page 12/28

or Cours hors ULB HULB-0000 Cours externe à l'université 30 credits Page 13/28

MA-ECON COURSES PROGRAMME Master in Economics : General Bloc P Economic Analysis and European Policy Cours obligatoires ECON-S407 Applied econometrics VERARDI Vincenzo (Coordinator) ECON-S409 Institutions and development ROLAND Gérard (Coordinator) ECON-S410 Seminars on econometrics DEMUYNCK Thomas (Coordinator) 5 credits [seminars: 24h] ECON-S441 Advanced microeconomics DEWATRIPONT Mathias (Coordinator) ECON-S442 Mathematics and economic modelling DEMUYNCK Thomas (Coordinator), DE ROCK Bram and GASSNER Marjorie 5 credits [lecture: 36h, tutorial classes: 24h] STAT-S401 Impact analysis VERWIMP Philip (Coordinator) 5 credits [lecture: 12h, tutorial classes: 12h] MATH-S400 Macroeconomic Theory and Policy WEIL Philippe (Coordinator) ECON-S453 Analyse statistique multivariée DEHON Catherine (Coordinator) Langue LANG-S405 Pratique de l'anglais et du néerlandais TUDOR Ian (Coordinator), PRINGLE Nicholas, SONCK Gerda and TOPS Evie 5 credits [language practice: 36h] ECON-S412 /Dutch Game theory with applications to economics KIRCHSTEIGER Georg (Coordinator) ECON-S424 Cost benefit analysis of Public Decisions DRUMAUX Anne (Coordinator) MEMO-S502 Mémoire 15 credits One course chosen from the following GEST-S551 Project management HOFFMANN FREDERIC (Coordinator) 5 credits [seminars: 24h] GEST-S564 Project management HOFFMANN FREDERIC (Coordinator) 5 credits [seminars: 24h] Cours à options Page 14/28

An alternative chosen from the three following Filière innovation et marchés - Innovation and markets BIME-G5505 Interfaculty & interdisciplinary program in translational medicine STEVENS Hilde (Coordinator) 5 credits [lecture: 40h, tutorial classes: 20h] ECON-O502 European Competition Policy : Theory and Cases LEGROS Patrick (Coordinator) and BELLIS Jean-François Maximum 10 students allowed. ECON-S418 Economics of European integration MAGERMAN Glenn (Coordinator) ECON-S451 Advanced industrial organization LEGROS Patrick (Coordinator) and BOUTIN Xavier GEST-S425 Industrial and innovation policy CINCERA Michele (Coordinator) GEST-S496 Corporate restructuring BECHT Marco (Coordinator) GEST-S514 Research Seminar in Business History (Chaire Kurgan-van Hentenryk) BERTRAMS Kenneth (Coordinator) GEST-S504 Advanced topics in the economics of innovation VAN POTTELSBERGHE Bruno (Coordinator) or Filière l'europe et le Monde - Europe and the world ECON-S320 Advanced topics in international economics PARENTI Mathieu (Coordinator) ECON-S419 International macroeconomics and finance KOLLMANN Robert (Coordinator) ECON-S422 Croissance et fluctuation MEON P.-Guillaume (Coordinator) ECON-S432 Advanced international trade CONCONI Paola (Coordinator) and PARENTI Mathieu or Filière Politique socio-économique - Socio economics policy Page 15/28

BIME-G5505 Interfaculty & interdisciplinary program in translational medicine STEVENS Hilde (Coordinator) 5 credits [lecture: 40h, tutorial classes: 20h] ECON-O502 European Competition Policy : Theory and Cases LEGROS Patrick (Coordinator) and BELLIS Jean-François Maximum 10 students allowed. ECON-S421 The economics of regulation ( Chaire Vanommeslaghe) ESTACHE Antonio (Coordinator) POLI-S426 Economie politique des revenus et des inégalités en Europe et dans le monde DE MEULEMEESTER Jean Luc (Coordinator) POLI-S428 Lobbying and political interests in the EU BOUCHER Stephen (Coordinator) Module d'options An alternative chosen from the two following Deux modules à choisir Up to 45 credits chosen from the following Filière innovation et marchés - Innovation and markets BIME-G5505 Interfaculty & interdisciplinary program in translational medicine STEVENS Hilde (Coordinator) 5 credits [lecture: 40h, tutorial classes: 20h] ECON-O502 European Competition Policy : Theory and Cases LEGROS Patrick (Coordinator) and BELLIS Jean-François Maximum 10 students allowed. ECON-S411 Economie des relations verticales SEKKAT Khalid (Coordinator) ECON-S418 Economics of European integration MAGERMAN Glenn (Coordinator) ECON-S451 Advanced industrial organization LEGROS Patrick (Coordinator) and BOUTIN Xavier GEST-S425 Industrial and innovation policy CINCERA Michele (Coordinator) GEST-S496 Corporate restructuring BECHT Marco (Coordinator) GEST-S514 Research Seminar in Business History (Chaire Kurgan-van Hentenryk) BERTRAMS Kenneth (Coordinator) GEST-S504 Advanced topics in the economics of innovation VAN POTTELSBERGHE Bruno (Coordinator) Page 16/28

Filière l'europe et le Monde - Europe and the world ECON-O405 Common agricultural policy MELONI Giulia (Coordinator) Ce cours ne sera pas donné en 2018-2019 ECON-S320 Advanced topics in international economics PARENTI Mathieu (Coordinator) ECON-S418 Economics of European integration MAGERMAN Glenn (Coordinator) ECON-S419 Advanced international trade CONCONI Paola (Coordinator) and PARENTI Mathieu ECON-S455 Croissance et fluctuation MEON P.-Guillaume (Coordinator) ECON-S432 International macroeconomics and finance KOLLMANN Robert (Coordinator) ECON-S422 Tax Policy in the European Union NICODEME Gaëtan (Coordinator) Filière Politique socio-économique - Socio economics policy BIME-G5505 Interfaculty & interdisciplinary program in translational medicine STEVENS Hilde (Coordinator) 5 credits [lecture: 40h, tutorial classes: 20h] ECON-O502 European Competition Policy : Theory and Cases LEGROS Patrick (Coordinator) and BELLIS Jean-François Maximum 10 students allowed. ECON-S414 Questions approfondies d'économie publique TOJEROW Ilan (Coordinator) ECON-S421 The economics of regulation ( Chaire Vanommeslaghe) ESTACHE Antonio (Coordinator) ECON-S452 Environmental economics CANTILLON Estelle (Coordinator) ECON-S529 Development economics VERWIMP Philip (Coordinator) POLI-S426 Economie politique des revenus et des inégalités en Europe et dans le monde DE MEULEMEESTER Jean Luc (Coordinator) POLI-S428 Lobbying and political interests in the EU BOUCHER Stephen (Coordinator) or Cours hors ULB HULB-0000 Cours externe à l'université 30 credits Page 17/28

MA-ECON COURSES PROGRAMME Master in Economics : General Options Module European Regulation and Economy Bloc 1 Cours de spécialisation A total of ten credits chosen from the following BIME-G5505 Interfaculty & interdisciplinary program in translational medicine STEVENS Hilde (Coordinator) 5 credits [lecture: 40h, tutorial classes: 20h] ECON-O502 European Competition Policy : Theory and Cases LEGROS Patrick (Coordinator) and BELLIS Jean-François Maximum 10 students allowed. ECON-S424 Cost benefit analysis of Public Decisions DRUMAUX Anne (Coordinator) ECON-S451 Advanced industrial organization LEGROS Patrick (Coordinator) and BOUTIN Xavier GEST-S425 Industrial and innovation policy CINCERA Michele (Coordinator) Bloc 2 Cours obligatoires Cours spécifiques ECON-S533 Field project in European regulation ILZKOVITZ Fabienne (Coordinator) 5 credits [seminars: 24h] An alternative chosen from the two following Cours à L'ULB Cours de spécialisation ECON-O405 Common agricultural policy MELONI Giulia (Coordinator) Ce cours ne sera pas donné en 2018-2019 ECON-O502 European Competition Policy : Theory and Cases LEGROS Patrick (Coordinator) and BELLIS Jean-François Maximum 10 students allowed. Page 18/28

ECON-S418 Economics of European integration MAGERMAN Glenn (Coordinator) ECON-S424 Cost benefit analysis of Public Decisions DRUMAUX Anne (Coordinator) ECON-S451 Advanced industrial organization LEGROS Patrick (Coordinator) and BOUTIN Xavier ECON-S452 Environmental economics CANTILLON Estelle (Coordinator) ECON-S455 Industrial and innovation policy CINCERA Michele (Coordinator) POLI-S428 Tax Policy in the European Union NICODEME Gaëtan (Coordinator) GEST-S425 Lobbying and political interests in the EU BOUCHER Stephen (Coordinator) Cours à option ECON-S432 Advanced international trade CONCONI Paola (Coordinator) and PARENTI Mathieu ECON-S528 Financial markets, governance and regulation GEST-S414 Managing diversity and multiculturality TOMA Claudia (Coordinator) GEST-S569 International business strategy VANPOUCKE Evelyne (Coordinator) GEST-S517 Banking and asset management SCHMIT Mathias (Coordinator) and DEELSTRA Griselda 5 credits [lecture: 36h] GEST-S467 Derivatives, Financial risk management & Governance PIROTTE Hugues (Coordinator) and VAN DER SCHUEREN Frédéric 5 credits [lecture: 48h, tutorial classes: 24h] GEST-S572 Banking and asset management 5 credits [lecture: 36h] GEST-S573 Investment GILLET Roland (Coordinator) or Cours hors ULB HULB-0000 Cours externe à l'université 30 credits Page 19/28

Bloc P Cours de spécialisation A total of ten credits chosen from the following BIME-G5505 Interfaculty & interdisciplinary program in translational medicine STEVENS Hilde (Coordinator) 5 credits [lecture: 40h, tutorial classes: 20h] ECON-O502 European Competition Policy : Theory and Cases LEGROS Patrick (Coordinator) and BELLIS Jean-François Maximum 10 students allowed. ECON-S424 Cost benefit analysis of Public Decisions DRUMAUX Anne (Coordinator) ECON-S451 Advanced industrial organization LEGROS Patrick (Coordinator) and BOUTIN Xavier GEST-S425 Industrial and innovation policy CINCERA Michele (Coordinator) Cours obligatoires Cours spécifiques ECON-S533 Field project in European regulation ILZKOVITZ Fabienne (Coordinator) 5 credits [seminars: 24h] An alternative chosen from the two following Cours à L'ULB Cours de spécialisation ECON-O405 Common agricultural policy MELONI Giulia (Coordinator) Ce cours ne sera pas donné en 2018-2019 ECON-O502 European Competition Policy : Theory and Cases LEGROS Patrick (Coordinator) and BELLIS Jean-François Maximum 10 students allowed. ECON-S418 Economics of European integration MAGERMAN Glenn (Coordinator) ECON-S424 Cost benefit analysis of Public Decisions DRUMAUX Anne (Coordinator) ECON-S451 Advanced industrial organization LEGROS Patrick (Coordinator) and BOUTIN Xavier ECON-S452 Environmental economics CANTILLON Estelle (Coordinator) Page 20/28

ECON-S455 Tax Policy in the European Union NICODEME Gaëtan (Coordinator) GEST-S425 Industrial and innovation policy CINCERA Michele (Coordinator) POLI-S428 Lobbying and political interests in the EU BOUCHER Stephen (Coordinator) Cours à option ECON-S432 Advanced international trade CONCONI Paola (Coordinator) and PARENTI Mathieu ECON-S528 Financial markets, governance and regulation GEST-S414 Managing diversity and multiculturality TOMA Claudia (Coordinator) GEST-S569 International business strategy VANPOUCKE Evelyne (Coordinator) GEST-S517 Banking and asset management SCHMIT Mathias (Coordinator) and DEELSTRA Griselda 5 credits [lecture: 36h] GEST-S467 Derivatives, Financial risk management & Governance PIROTTE Hugues (Coordinator) and VAN DER SCHUEREN Frédéric 5 credits [lecture: 48h, tutorial classes: 24h] GEST-S572 Banking and asset management 5 credits [lecture: 36h] GEST-S573 Investment GILLET Roland (Coordinator) or Cours hors ULB HULB-0000 Cours externe à l'université 30 credits Module European and International Business Bloc 1 Cours de spécialisation A total of ten credits chosen from the following Page 21/28

ECON-S432 Advanced international trade CONCONI Paola (Coordinator) and PARENTI Mathieu GEST-S4000 Operations Management VANPOUCKE Evelyne (Coordinator) GEST-S441 International Marketing ROTHENBERGER Sandra (Coordinator) GEST-S517 Managing diversity and multiculturality TOMA Claudia (Coordinator) Bloc 2 Cours obligatoires Cours spécifiques GEST-S543 Field project in European and international business MITTAL Luv (Coordinator) 5 credits [seminars: 24h] An alternative chosen from the two following Cours ULB Cours de spécialisation ECON-S418 Economics of European integration MAGERMAN Glenn (Coordinator) ECON-S432 Advanced international trade CONCONI Paola (Coordinator) and PARENTI Mathieu GEST-S441 International supply chains VANPOUCKE Evelyne (Coordinator) GEST-S517 International business strategy VANPOUCKE Evelyne (Coordinator) GEST-S472 International Marketing ROTHENBERGER Sandra (Coordinator) GEST-S467 Managing diversity and multiculturality TOMA Claudia (Coordinator) Cours à option ECON-O405 Common agricultural policy MELONI Giulia (Coordinator) Ce cours ne sera pas donné en 2018-2019 Page 22/28

ECON-S451 Advanced industrial organization LEGROS Patrick (Coordinator) and BOUTIN Xavier ECON-S452 Environmental economics CANTILLON Estelle (Coordinator) ECON-S455 Industrial and innovation policy CINCERA Michele (Coordinator) GEST-S569 Banking and asset management SCHMIT Mathias (Coordinator) and DEELSTRA Griselda 5 credits [lecture: 36h] GEST-S425 Financial markets, governance and regulation GEST-S414 Derivatives, Financial risk management & Governance PIROTTE Hugues (Coordinator) and VAN DER SCHUEREN Frédéric 5 credits [lecture: 48h, tutorial classes: 24h] GEST-S572 Tax Policy in the European Union NICODEME Gaëtan (Coordinator) ECON-S528 Banking and asset management 5 credits [lecture: 36h] GEST-S573 Investment GILLET Roland (Coordinator) POLI-S428 Lobbying and political interests in the EU BOUCHER Stephen (Coordinator) or Cours hors ULB HULB-0000 Cours externe à l'université 30 credits Bloc P Cours de spécialisation A total of ten credits chosen from the following ECON-S432 Advanced international trade CONCONI Paola (Coordinator) and PARENTI Mathieu GEST-S4000 Operations Management VANPOUCKE Evelyne (Coordinator) GEST-S441 International Marketing ROTHENBERGER Sandra (Coordinator) GEST-S517 Managing diversity and multiculturality TOMA Claudia (Coordinator) Page 23/28

Cours obligatoires Cours spécifiques GEST-S543 Field project in European and international business MITTAL Luv (Coordinator) 5 credits [seminars: 24h] An alternative chosen from the two following Cours ULB Cours de spécialisation ECON-S418 Economics of European integration MAGERMAN Glenn (Coordinator) ECON-S432 Advanced international trade CONCONI Paola (Coordinator) and PARENTI Mathieu GEST-S441 International supply chains VANPOUCKE Evelyne (Coordinator) GEST-S517 International business strategy VANPOUCKE Evelyne (Coordinator) GEST-S472 International Marketing ROTHENBERGER Sandra (Coordinator) GEST-S467 Managing diversity and multiculturality TOMA Claudia (Coordinator) Cours à option ECON-O405 Common agricultural policy MELONI Giulia (Coordinator) Ce cours ne sera pas donné en 2018-2019 ECON-S451 Advanced industrial organization LEGROS Patrick (Coordinator) and BOUTIN Xavier ECON-S452 Environmental economics CANTILLON Estelle (Coordinator) ECON-S455 Banking and asset management SCHMIT Mathias (Coordinator) and DEELSTRA Griselda 5 credits [lecture: 36h] GEST-S425 Financial markets, governance and regulation GEST-S414 Tax Policy in the European Union NICODEME Gaëtan (Coordinator) ECON-S528 Industrial and innovation policy CINCERA Michele (Coordinator) Page 24/28

GEST-S569 Derivatives, Financial risk management & Governance PIROTTE Hugues (Coordinator) and VAN DER SCHUEREN Frédéric 5 credits [lecture: 48h, tutorial classes: 24h] GEST-S572 Banking and asset management 5 credits [lecture: 36h] GEST-S573 Investment GILLET Roland (Coordinator) POLI-S428 Lobbying and political interests in the EU BOUCHER Stephen (Coordinator) or Cours hors ULB HULB-0000 Cours externe à l'université 30 credits Module Financial Markets and Services Bloc 1 Cours de spécialisation GEST-S569 Derivatives, Financial risk management & Governance PIROTTE Hugues (Coordinator) and VAN DER SCHUEREN Frédéric 5 credits [lecture: 48h, tutorial classes: 24h] GEST-S572 Banking and asset management 5 credits [lecture: 36h] Bloc 2 Cours obligatoires Cours spécifiques ECON-S532 Field project in financial markets and services NICOLAY BERNARD (Coordinator) 5 credits [seminars: 24h] An alternative chosen from the two following Cours ULB Cours de spécialisation DROI-S303 Financial law PRIOUX Raphaël (Coordinator) ECON-S417 Quantitative financial risk Page 25/28

ECON-S528 Financial markets, governance and regulation GEST-S503 Financial econometrics SCAILLET Olivier (Coordinator) GEST-S506 Capital markets & investment banking DE HAAIJ CHRISTIAN (Coordinator) 5 credits [lecture: 48h] GEST-S573 Investment GILLET Roland (Coordinator) Cours à options ECON-S418 Economics of European integration MAGERMAN Glenn (Coordinator) ECON-S432 Advanced international trade CONCONI Paola (Coordinator) and PARENTI Mathieu ECON-S451 Advanced industrial organization LEGROS Patrick (Coordinator) and BOUTIN Xavier ECON-S452 Environmental economics CANTILLON Estelle (Coordinator) ECON-S455 Managing diversity and multiculturality TOMA Claudia (Coordinator) POLI-S428 International business strategy VANPOUCKE Evelyne (Coordinator) GEST-S517 Industrial and innovation policy CINCERA Michele (Coordinator) GEST-S467 Tax Policy in the European Union NICODEME Gaëtan (Coordinator) GEST-S425 Lobbying and political interests in the EU BOUCHER Stephen (Coordinator) or Cours hors ULB HULB-0000 Cours externe à l'université 30 credits Bloc P Cours de spécialisation GEST-S569 Derivatives, Financial risk management & Governance PIROTTE Hugues (Coordinator) and VAN DER SCHUEREN Frédéric 5 credits [lecture: 48h, tutorial classes: 24h] Page 26/28

GEST-S572 Banking and asset management 5 credits [lecture: 36h] Cours obligatoires Cours spécifiques ECON-S532 Field project in financial markets and services NICOLAY BERNARD (Coordinator) 5 credits [seminars: 24h] An alternative chosen from the two following Cours ULB Cours de spécialisation DROI-S303 Financial law PRIOUX Raphaël (Coordinator) ECON-S417 Quantitative financial risk ECON-S528 Financial markets, governance and regulation GEST-S503 Financial econometrics SCAILLET Olivier (Coordinator) GEST-S506 Capital markets & investment banking DE HAAIJ CHRISTIAN (Coordinator) 5 credits [lecture: 48h] GEST-S573 Investment GILLET Roland (Coordinator) Cours à options ECON-S418 Economics of European integration MAGERMAN Glenn (Coordinator) ECON-S432 Advanced international trade CONCONI Paola (Coordinator) and PARENTI Mathieu ECON-S451 Advanced industrial organization LEGROS Patrick (Coordinator) and BOUTIN Xavier ECON-S452 Environmental economics CANTILLON Estelle (Coordinator) ECON-S455 Tax Policy in the European Union NICODEME Gaëtan (Coordinator) GEST-S425 Industrial and innovation policy CINCERA Michele (Coordinator) Page 27/28

GEST-S467 International business strategy VANPOUCKE Evelyne (Coordinator) GEST-S517 Managing diversity and multiculturality TOMA Claudia (Coordinator) POLI-S428 Lobbying and political interests in the EU BOUCHER Stephen (Coordinator) or Cours hors ULB HULB-0000 Cours externe à l'université 30 credits Page 28/28