Pierre Vernimmen

Pierre Vernimmen
Born	12 April 1946 Paris, France
Died	28 December 1996 (aged 50) Paris, France
Alma mater	HEC Paris Harvard Business School
Occupation	Economist

Pierre Vernimmen, born April 12, 1946, and died December 28, 1996, is a French economist, professor at the HEC Paris and director of the consulting department of the Paribas finance bank. He is the author of Finance d'Entreprise, a reference manual in corporate financial accounting.

Biography

He graduated HEC Paris in 1968 and from the Harvard Business School (International Teaching Program).

He taught at the HEC Paris from 1968, becoming at the age of 23 the first coordinator of the founding team of the HEC finance department. There, he developed corporate finance courses and quickly made his mark in finance through his conceptual breakthroughs. He developed numerous cases, recruited and trained teachers, developed new courses in corporate finance, his favorite subject, but also in banking management, and collaborated on several courses in the field of capital markets.

After convincing the Paribas Human Resources department to train its executives at HEC, he himself joined Paribas in 1973, where he spent his career, first in the industrial department (shareholdings) then in the "consulting" department (mergers and acquisitions), which he created and managed from 1993 until his death at the end of 1996. Pierre Vernimmen was thus the architect of numerous business mergers (Louis Vuitton and Moët Hennessy for example), financing rounds (M6, Virgin Megastores...) and film financing (Savage Nights, Cyrano de Bergerac...).

At the same time, Pierre Vernimmen published his book, Finance d'entreprise, in French, which sold tens of thousands of copies and whose twelve editions in twenty-four years testify to its success. Pascal Quiry and Yann Le Fur, themselves professors of finance at HEC and investment bankers, are today continuing the work begun by Pierre Vernimmen. Vernimmen, a true reference, is a management manual that covers all areas of corporate finance, starting with the analysis of accounting data and market techniques to lead to a rigorous analysis of any financial decision in its theoretical and practical aspects.

It is a real educational tool. Each chapter of the book is followed by a summary, questions and exercises updated with their corrections as well as a selective bibliography. This book has been translated into English under the title "Corporate Finance - theory & practice" by John Wiley & sons. It is co-signed with Pascal Quiry, Yann Le Fur, Maurizio Dallocchio, & Antonio Salvi. The website linked to the book also constitutes a tool, complementary to it. In addition to the monthly letters, the site offers graphics, statistics, exercise answers and a glossary.

Books

• Finance d'entreprise - Pascal Quiry, Yann Le Fur (Dalloz, 2015)
• Corporate Finance : theory & practice - Pierre Vernimmen, Pascal Quiry, Yann Le Fur, Maurizio Dallocchio, Antonio Salvi (John Wiley & Sons, 2014 4th. edition)
• Finance d'entreprise : Analyse et gestion - Pierre Vernimmen (Dalloz, 1988)
• Gestion et politiques de la banque - Pierre Vernimmen (Dalloz, 1981)
• Finance d'entreprise, logique et politique - Pierre Vernimmen (Dalloz, 1976)
• Gestion bancaire : nouvelles méthodes et pratiques - Michel Schlosser, Pierre Vernimmen (Dalloz, 1974).
• Validité de la méthode des ratios - Edward Altman, Michel Margaine, Michel Schlosser, Pierre Vernimmen (CESA, 1974).
• Secteur bancaire - André Boisard, Pierre Vernimmen, Henri Proglio, René Proglio (Editions Dafsa, 1972)