Economics and Management

The aim of the 2nd year courses in Economics and Management is to provide students with the basics of accounting and financial analysis, business economics and engineering law. These courses are mandatory for all students.

In addition, some students may choose to take the "Management, Industrial Strategies and Innovation" elective module in place of one of the scientific subjects. This module prepares them for a career as a research engineer and/or manager, by concentrating on the links between science, technology, innovation, business and economics in general.

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At the end of the year, the engineering students possess the knowledge and know-how enabling them to understand and oversee the management of a company or an organisation in its institutional and economic environment. They have also begun to develop the skills they will need to manage information, work and make decisions in a team or a network, communicate, describe, present, convince, negotiate, sell, undertake, invent, innovate and design.

List of courses:

Course NameECTS
Introduction to accountancy and financial analysis2
Financial analysis of companies2
Corporate Law and the engineer2
Strategic management1.5
Innovation in product development1.5
Intellectual property : patents, trademarks and industriel design1.5
Introduction to environmental economics1.5
Energy Economics1.5

Courses details:




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    Introduction to accountancy and financial analysis - EA201

    Course objectives :

    This management course, which is related to EA 202 (financial analysis of firms), and combined with law and economic courses, aims to provide students with a basic knowledge in accounting and financial analysis. This introductory course should enable students, if they wish, to follow more advanced financial analysis courses, either at ENSTA or during the course of their careers.

    This course introductory course allows students to discover major accounting and financial analysis topics, in order to allow future engineers to understand the accounting and financial information of the firm.

    At the end of this course, students should be able to:

    - Be familiar with main accounting entries

    - Be able to understand and analyze the main items of a financial statement

    - Be familiar with main financial analysis tools.

    2 ECTS


    • Thibault BARNIER
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    Financial analysis of companies - EA202


    The objective of this course is to allow students to understand corporate strategy, organization and management of large firms by studying a firm listed in the Cac 40.

    Students will analyze a company, based on publically available information, and present a financial analysis report, destined to potential investors interested in the company. This report will be subject to an oral presentation at the end of the course.

    2 ECTS


    • Thibault BARNIER
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    Corporate Law and the engineer - EA203

    this course aims to give the students law basis for their engineer and citizen life. it delivers information on their constitutional and legal environment (justice; governmental and legislative organisation, administrative and private laws). It insists on the practical basis they need in their future professional activities : corporate law, patent and internet rules.

    The ultimate goal is to make the students think about law aspects of their activities.

    2 ECTS


    • Aurélien AUCHER
    • Nathalie YACOUB
    • Stéphane LAVIGNE
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    Strategic management - EAE11

    This course has a double objective : providing students with the main theoretical concepts used in strategic analysis and decision making under an economic environment ruled by innovation, and bringing professionals working in consultancies or major firms to present their personal experience on that field (executives from d’Ernst et Young, AD Little, Ineum Consulting, PDG d’AOL-Time Warner France, etc.)

    1.5 ECTS


    • Roland LANTNER
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    Innovation in product development - EAE12

    1.5 ECTS


    • Dominique VELLIN
    • Martin DUVAL
    • Stéphanze COBO
    • Dominique LAOUSSE
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    Intellectual property : patents, trademarks and industriel design - EAE13

    Allow engineering students to assess problems related to industrial and intellectual property rights.

    The course consists of lessons on general property rights (stakes of intellectual property rights law, international conventions on intellectual property, European Union law on intellectual property).

    An lessons on innovation patents, taught by a professional specialized in patent law (having both legal and technical skills). These lessons constitute the core of the course. Real patents will be studied in order to show ‘good’ and ‘bad’ practices, as well as common problems and mistakes made when patenting. Finally, there will be a presentation concerning ‘industrial esthetical creations’ (drawings and models) and signs such as brands, geographic appellations and commercial names.

    From a methodological point of view, this course combines case studies (including international comparisons) and theoretical analysis of the studied subject.

    1.5 ECTS


    • Yves REBOUL
    • Christian LE STANC
    • Grégoire DESROUSSEAUX
    • Yann BASIRE
    • François-Xavier DE BEAUFORT
    • Lionel MARTIN
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    Entrepreneurship - EAE14

    The objective of this course is to develop student’s entrepreneurial spirit by providing the necessary conceptual and methodological tools in order to develop a Business plan, and be able to successfully develop entrepreneurial projects, or a new project within an existing firm. Every new in company project requires a business plan.

    EAE14 includes theoretical and methodology courses, and practical teamwork aiming to create a business plan dealing with innovative subject.

    1.5 ECTS


    • Dominique VELLIN
    • Yvan-Michel EHKIRCH
    • Gérard CACHIER
    • Florian FOURNIER
    • Hugo MERCIER
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    Introduction to environmental economics - EAE21

    This course covers aspects of economic theory necessary to understand the interactions between economic and environmental spheres. It shows the different integration modes existing between these two spheres using different tools available in economic literature. The course presents mains results illustrated with various practical examples. It also contains exercises destined to improve the understanding of the theoretical concepts, as well as to show the relevance of using economic theory to rationalize environmental debates. The course also introduces exhaustible resources management.

    1.5 ECTS


    • Emeric FORTIN
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    Energy Economics - EAE22

    This course aims at providing students’ knowledge mobilizing energy economics, political economy and long term modeling in:

    - The strong link between energy policy and economic dynamics and constraints.

    We will explain and describe major 21st century energy markets, as well as the response given by various countries to the 1970s oil shocks.

    - Energy dynamics, climate change and the challenges of the low carbon transition. We will come back on the main steps of the international negotiations on climate change and the main climate policy tools implemented (cap and trade, carbon tax etc.). We will also address the differentiated challenges between North and South countries and at a sectoral level (building, power and land use).

    1.5 ECTS


    • Christophe CASSEN
    • Marie PETITET
    • Audrey BERRY
    • Meriem HAMDI-CHERIF
    • Thierry BRUNELLE
    • Gaëtan GIRAUDET
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