Second year
The second year is structured around core courses in statistics, econometrics, machine learning, macroeconomics and microeconomics, which form the basis of the training provided at the School. English and a second language are mandatory.
A substantial amount of time is given over to elective courses. In the second year, students must think about their choice of courses in terms of their professional orientation, in order to prepare themselves as well as possible for the specialization paths in the third year.
The choice of electives makes it possible to create pathways that combine economics and mathematics courses in varying proportions, with a view to orienting oneself towards different groups of professions. The typical courses are as follows: in-depth macroeconomics; in-depth microeconomics; economics and finance; economics and sociology; mathematics and finance; in-depth statistics.
Theoretical training is complemented by a group project, the applied statistics group, and by open courses designed to provide students with the economic and legal culture essential to the economist.
The year concludes with an internship.
For students who choose to enroll in a research master's program at the Institut Polytechnique de Paris at the same time as their 3A, it is strongly recommended that they check the start dates of the master's program in order to complete their internship before that date.
The choice of how to validate the obligation to spend time abroad (internship, year or semester of study) is finally prepared from the beginning of the second year. Students are accompanied in this process throughout the year.
Course | Course hours | Tutorials hours | ECTS |
---|---|---|---|
UE2-01A – Harmonization 2AD* | 3 | ||
Introduction to the R Computer Language | 0 | 3 | 0 |
Initiation to Python | 0 | 3 | 0,5 |
Éthique des données | 6 | 0 | |
Macroeconomics | 7.5 | 0 | 0.5 |
Microeconomics | 7.5 | 1.5 | 0.5 |
Probability Theory | 18 | 7.5 | 1.5 |
UE2-01B – Internship | 3 | ||
Internship 1A | - | - | 3 |
Course | Course hours | Tutorials hours | ECTS |
---|---|---|---|
UE2-02 – Fundamentals of statistics | 8 | ||
Econométrie 1 (FR) or Econometrics 1 (EN)** | 19.5 | 18 | 4 |
Statistique 1 (FR) or Statistics 1 (EN)** | 19.5 | 16.5 | 4 |
UE2-03 – Fundamentals of economics | 8 | ||
Macroeconomics 1 (FR) ou (EN) | 19.5 | 16.5 | 4 |
Microeconomics 1 (FR) ou (EN) | 19.5 | 16.5 | 4 |
UE2-04 – Electives S1 : 3 courses incl. 1 computer course | 7 | ||
C++ | 12 | 12 | 2 |
Python for Data Science | 0 | 21 | 2 |
Financial instruments | 19.5 | 1.5 | 2.5 |
Introduction to stochastic processes | 21 | 15 | 2.5 |
Sociology | 19.5 | 0 | 2.5 |
Surveys | 18 | 12 | 2.5 |
Game theory | 18 | 12 | 2.5 |
UE2-05 – Human Development | 4,5 | ||
English | 1h30 or 3h/week | - | 2 |
1h30 or 2h/week | - | 2 | |
Additional courses in humanities S1*** | 18 | - | 1.5 |
Sports | 1 session /week | - | 0,5 |
* HEC students who have enrolled in the ENSAE-HEC double degree program (option 1 or 2) now do an internship during their first year at HEC. None of them complete the ENSAE introductory internship. Therefore, they all must take the harmonization block.
** Students must take at least 1 course+TD in English from among: Econometrics 1, Statistics 1, Econometrics 2, Time Series, Macroeconomics, Microeconomics.
*** Option to take this course instead of a language course if C1 level is achieved and certified.
**Students must take at least 1 course+TD in English from among: Econometrics 1, Statistics 1, Econometrics 2, Time Series, Macroeconomics, Microeconomics.
*** Option to take this course instead of a language course if C1 level is achieved and certified.
The 6 third-year specialization tracks are supported by the following second-year elective courses, which are either very strongly recommended courses with prerequisites of concepts that third-year faculty will consider acquired for the track ("Prerequisite Courses"), or advised choices ("Advised Courses").
- Prerequisite courses : Financial Instruments ; Financial mathematics ; Emerging Risks and Changes in Contemporary Assurance.
- Recommended course : Finance Microeconomics.
- Prerequisite courses : Microeconomics 2 : industrial organization.
- Recommended courses : Game theory ; Python for Data Science.
- Recommended courses : Surveys ; Sociology ; Statistical modelling seminar ; Python for Data Science.
- Prerequisite course : Statistics 2.
- Recommended courses : Python for Data Science ; Introduction to stochastic processes ; Simulation and Monte Carlo Methods ; Statistical modelling seminar.
- Prerequisite course : Macroeconomics 2 : Fluctuations.
- Recommended courses : Python for Data Science ; Introduction to Environmental Economics ; and possibly Microeconomics 2 : industrial organization.
- Prerequisite courses : Introduction to stochastic processes ; Financial mathematics.
- Recommended courses : C++ ; Financial Instruments ; Finance Microeconomics ; Simulation and Monte Carlo Methods ; Emerging Risks and Changes in Contemporary Assurance.
- Prerequisite courses : Financial Instruments ; Financial mathematics ; Emerging Risks and Changes in Contemporary Assurance.
- Recommended course : Finance Microeconomics.
- Prerequisite courses : Microeconomics 2 : industrial organization.
- Recommended courses : Game theory ; Python for Data Science.
- Recommended courses : Surveys ; Sociology ; Statistical modelling seminar ; Python for Data Science.
- Prerequisite course : Statistics 2.
- Recommended courses : Python for Data Science ; Introduction to stochastic processes ; Simulation and Monte Carlo Methods ; Statistical modelling seminar.
- Prerequisite course : Macroeconomics 2 : Fluctuations.
- Recommended courses : Python for Data Science ; Introduction to Environmental Economics ; and possibly Microeconomics 2 : industrial organization.
- Prerequisite courses : Introduction to stochastic processes ; Financial mathematics.
- Recommended courses : C++ ; Financial Instruments ; Finance Microeconomics ; Simulation and Monte Carlo Methods ; Emerging Risks and Changes in Contemporary Assurance.
In addition, certain courses are strongly recommended ("compulsory") for admission to the partner research masters in parallel with the 3rd year of the engineering cycle:
- Prerequisite courses : Microeconomics 2 et Macroeconomics 2.
- Recommended course : Lectures in Economics and Sociology.
- Prerequisite course : Sociology.
- Recommended courses : Surveys ; Lectures in Economics and Sociology.
- Prerequisite course : Statistics 2.
- Recommended courses : Python for Data Science ; Introduction to stochastic processes ; Simulation and Monte Carlo Methods ; Statistical modelling seminar.
- Prerequisite courses : Microeconomics 2 et Macroeconomics 2.
- Recommended course : Lectures in Economics and Sociology.
- Prerequisite course : Sociology.
- Recommended courses : Surveys ; Lectures in Economics and Sociology.
- Prerequisite course : Statistics 2.
- Recommended courses : Python for Data Science ; Introduction to stochastic processes ; Simulation and Monte Carlo Methods ; Statistical modelling seminar.