Study Materials

Finance Specialisation S2 — Week 2

All course materials in one place. Download the textbooks and Word documents for offline study, or open the interactive HTML guides directly in your browser.

11 files·3.3 MB total·HEC Paris · EMBA S2 2026

Textbooks

Full textbook chapters for each module

3 files

Textbook — Asset Management

Module 1

Full textbook for Module 1: Asset Management. Covers 200 years of returns, MPT, CAPM, market efficiency, factor models, and options.

docx·1.8 MB

Textbook — Valuing Intangible Assets

Module 2

Full textbook for Module 2: Intangibles. Covers the rise of intangibles, R&D capitalisation, the four S's, goodwill, financing, and dual-class shares.

docx·649 KB

Textbook — Mergers & Acquisitions

Module 3

Full textbook for Module 3: M&A. Covers deal structuring, EV-equity bridge, auction process, public M&A, defence tactics, and valuation methods.

docx·647 KB

Summaries & Cheat Sheet

Condensed study materials and quick-reference sheets

3 files

Module Summaries

Concise summaries of all three modules — key concepts, formulas, and named cases distilled into a quick-reference format.

docx·19 KB

Full Study Guide

Comprehensive week-2 study guide covering all three modules with worked examples, case studies, and exam tips.

docx·36 KB

Cheat Sheet

One-page formula and concept cheat sheet for the exam. All key equations, definitions, and named cases in one place.

docx·19 KB

Exam Preparation

Mock exams and practice questions

1 file

Mock Exam

Full mock exam with MCQs and short-answer questions across all three modules, including model answers and marking guidance.

docx·21 KB

Interactive HTML Guides

Open in browser for an interactive reading experience

4 files

AM Guide — Chapter 1

Module 1

Interactive HTML guide for Asset Management Chapter 1: Historical returns and the equity risk premium.

html·8.6 KB

AM Guide — Chapter 2

Module 1

Interactive HTML guide for Asset Management Chapter 2: Portfolio theory and the efficient frontier.

html·8.8 KB

AM Guide — Chapter 3

Module 1

Interactive HTML guide for Asset Management Chapter 3: CAPM, the security market line, and factor models.

html·8.8 KB

AM Guide — Chapter 4

Module 1

Interactive HTML guide for Asset Management Chapter 4: Market efficiency, anomalies, and behavioural finance.

html·7.5 KB

All files are served from private Manus storage and are only accessible to users with the link to this site. DOCX files open in Microsoft Word or Google Docs. HTML guides open directly in your browser — no download needed.