Master in Management Control & Finance

Master in Management Control & Finance
Group of business workers listening boss conference during meeting at the office.
Grande Ecole Program, Master's level
After a 3-year's degree
September
Work-study
Paris
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The Master’s in Management Control & Finance is a specialization that prepares future managers for careers in corporate finance and management control. The program enables students to develop financial, analytical, and operational expertise to support corporate performance and decision-making.

Through a career-oriented approach that combines academic instruction with hands-on experience, students develop the skills sought after by employers, particularly in consulting, auditing, and finance.

  • 🌍 SCHEDULE: Work-study program—1 week at school and 3 weeks at a company (tuition-free)
  • 📍 CAMPUS: Paris or Lyon
  • 🌐 LANGUAGE OF INSTRUCTION: 50% English – 50% French
  • 🎓 DEGREE: Master’s degree, recognized by the government

Objectives

This specialization is structured around five key areas:

  • Prepare and analyze financial statements to inform decision-making and improve management tools.
  • Analyze the financial and operational risks to which the company is exposed.
  • Verify the compliance of financial statements and related processes.
  • Assess performance and risks to support strategic decision-making.
  • Identify and propose improvements to the company’s organization and processes.

Key Skills

  • Preparing Financial Statements
  • Interpreting Financial Statements
  • Facilitate decision-making
  • Analyze financial and operational risks
  • Understanding and Using Financial Information Systems
  • Understanding and Using Accounting Information Systems
  • Assess whether the company’s performance management system is consistent with its strategy and industry, and propose improvements.

Subjects Taught

  • Advanced Excel
  • Information Systems Management
  • Advanced General and Cost Accounting
  • Basic Processes of Lean Management
  • Performance Management
  • Audit, Governance, and CSR
  • Methodology
  • Business Valuation and Financial Reporting
  • Social, Tax, and Working Capital Management
  • Power BI
  • The Management Controller as a Business Partner

ESCE’s Master’s in Management Control & Finance prepares students for careers in corporate finance, management accounting, auditing, and consulting, such as Management Accountant, Financial Controller, Financial Analyst, or Auditor. Graduates can join companies, consulting firms, and major international corporations in roles related to performance management, financial analysis, and risk management.

Management/Financial Controller (manufacturing plant, brand, holding company)

Monitor and analyze the financial performance of a specific entity (plant, brand, holding company, etc.).

  • This involves preparing financial reports, managing budgets, analyzing performance variances, and providing recommendations to improve financial efficiency.

Business Analyst

Analyze data and operational processes to provide strategic insights to management.

  • This may include identifying market trends, evaluating the profitability of projects, and recommending solutions to improve the company’s overall performance.

Financial Planner, Analyst, Controller

Plan, analyze, and monitor the company’s financial activities.

  • This includes financial modeling, cost analysis, preparing budgets and financial reports, and contributing to strategic financial decision-making.

Credit Manager

Assess customers’ credit risk and manage the company’s credit policy.

  • This involves monitoring accounts receivable, setting credit limits, managing collections, and minimizing credit risks.

Internal Auditor

Assess the effectiveness of internal controls and operational processes within the company

  • This includes verifying compliance with internal policies and regulations, recommending improvements, and managing operational risks.

Financial or statutory auditor

Review and evaluate the company’s financial statements to ensure their accuracy and compliance with accounting standards and legal regulations

  • This may also involve identifying financial risks and providing assurances regarding the reliability of financial information.

Risk Manager

Identify, assess, and manage the financial risks to which the company is exposed

  • This includes implementing risk management policies, monitoring financial markets, and recommending strategies to minimize risks.

Finance Consultant

Provide specialized financial advice to corporate clients.

  • This may include services such as financial planning, profitability analysis, risk management, and recommendations for solutions to improve the company’s financial health.

ESCE’s Master’s in Management Control & Finance leads to a Master’s degree and prepares students for careers in corporate finance, management accounting, auditing, and consulting.

The program develops in-demand skills in financial analysis, performance management, risk management, and process optimization across a variety of sectors in France and internationally.

The master’s program is a work-study program, with students spending one week in class and three weeks at a company. This allows students to gain professional experience throughout their studies and put their skills directly into practice.

ESCE supports each student in their job search through its Corporate Relations department: personalized support, work-study opportunities on Match’UP, coaching workshops, and job fairs. With 10,000 partner companies, students benefit from a strong network to find a host company and prepare for their transition into the workforce.

“From auditing to risk management and general accounting, the CFO specialization gives us the opportunity to explore many areas of the financial world. I’d like to work in Internal Audit, but thanks to this specialization, I’ve also realized that I’m interested in risk management.”

Maxime Chane-fat, Alumni of the Specialization Program

ESCE offers several admission options depending on the entry level for the Grande École Program. Here are the different options:

  • First Year: Admission is through Parcoursup and the SESAME entrance exam, a joint exam for several leading business schools. After creating your application on Parcoursup, you must select ESCE among your choices and register for the SESAME entrance exam. This exam assesses your skills through written tests (online) and an oral exam (in person at one of our campuses). Admission is open to students who have completed high school, provided they have obtained a high school diploma or an equivalent degree.
  • 2nd year: Admission is based on a review of the applicant’s records and a motivational interview. Applicants must submit an application package including their transcripts and a resume, followed by a motivational interview designed to assess their interest in the program and their career goals.
  • 3rd and 4th years: You have the option to enroll at ESCE in the 3rd or 4th year through an internal admissions exam. Admission takes place through specific sessions offered from November through September, featuring online written exams and an in-person oral exam at one of our campuses.

Forinternational students, there is a specific admission process; detailed information is available on our website.

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