Marc L. Bertoneche

Visiting Professor of Business Administration

Marc L. Bertoneche holds a chair as Professor in Business Administration at the University of Bordeaux and was on the Faculty of INSEAD, the European Institute of Business Administration in Fontainebleau France, for more than twenty years. His areas of interest include corporate and financial strategy, mergers and acquisitions, venture capital, financial markets, corporate ownership and governance, risk management and international finance.

Professor Bertoneche has been a Visiting Professor at the Graduate School of Management, Northwestern University in 1974 and at the Harvard Business School in 1986-1987, 1990-1991 and since 1998 where he taught finance in the MBA program, in the Advanced Management Program (AMP) and in The General Manager Program (TGMP). He is regularly teaching in various universities and business schools all over the world. He has been elected best teacher on numerous occasions and has won several awards for excellence and innovation in the classroom. In 1999, 2000 and 2003, he received the Harvard Business School's Faculty Award.

Professor Bertoneche has been for more than ten years a regular Faculty of the Advanced Management Program at Templeton College, University of Oxford, where he was a co-founder of the Oxford Senior Executive Finance Program, a Visiting Fellow in Finance in 1997 and an Associate Fellow since 2001.

Professor Bertoneche is the author or co-author of six books, two videos and more than fifty published articles on various financial topics.He is a referee for several journals in the US and in Europe.

Professor Bertoneche has also developed and taught in a large number of executive programs all over the world. Clients have included L'Air Liquide, AstraZenaca, Baxter International, Carrefour, Disneyland Paris, Electrolux, Goodyear, Hewlett-Packard, Honeywell, IBM, Kimberly-Clark, L'Oreal, Philips, Rhone-Poulenc, SAS International Hotels, St. Gobain, Schneider Electric and Unilever among others. He has been a consultant to a wide variety of organizations. Assignments have involved him in many different finance related topics including financial planning, working capital management, corporate valuation, mergers and acquisitions, value management, new ventures and hedging interest rate and foreign exchange exposures. He is a very popular guest speaker all over the world. Professor Bertoneche is a Director of the Board of several organizations in Europe, the US and Asia.

Professor Bertoneche holds Master degrees with Honors in Economics (1967) and Political Science (1969) from University of Paris and a Doctorate in Business Administration (1978) with Distinction from University of Bordeaux. He received his MBA (1973) and his Ph.D. in Finance (1976) from Northwestern University's Graduate School of Management, where he has been a Distinguished Scholar and a Beta-Gamma-Sigma.

  1. Research: Shareholder Value in Europe

    Marc L. Bertoneche’s research involves a series of empirical studies on value creation among Europe’s leading companies and the role of different models of corporate governance. He is also developing cases on European companies (Jazztel, Allianz, etc.).
  2. Real Options and Financial Decisions Under Uncertainty

    Marc L. Bertoneche is developing material relevant to the business world in this field. He is particularly interested in applying the Real Option approach to Brand Valuation.
  3. Leading The Finance Function in the Future

    Marc L. Bertoneche is analyzing, for research and teaching purposes, the trends of the finance function in various parts of the world and its increasing role as a strategic partner in business decisions.