Study plan
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
Compulsory elective modules 1. Semester
Advanced Accounting
Aktuelles Thema
Aktuelles Thema: Tax Basics
Finanzmanagement
Insurance & Corporate Risk Management
Macroeconomics and Finance
Projektorientiertes Studium
Steuermanagement I (VAT & Corporate Tax)
Wertorientierte Unternehmensführung
Wirtschaftsprüfung I & Gesellschaftsrecht
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
- WP
- 4SWS
- 6ECTS
Compulsory elective modules 2. Semester
Aktuelles Thema
Aktuelles Thema: Digital Skills
Besondere Probleme der nationalen und internationalen Rechnungslegung
Computational Finance
Corporate Governance
Entrepreneurship und Mergers & Acquisitions
Finanzmarktregulierung
International Controlling
Internationales Steuerrecht und Wirtschaftsprüfung II
Options, futures & other derivatives
Projektorientiertes Studium
Quantitative Instruments in Insurance & Risk Management
Risk Modelling Workshop
Steuermanagement II (AO und Rechtssprechungsanalyse & steuerliche Rechtsformwahl)
Compulsory elective modules 3. Semester
Module overview
1. Semester of study
Advanced Controlling & IT-Recht - PF
- 4 SWS
- 6 ECTS
- PF
- 4 SWS
- 6 ECTS
Number
952019
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
In an increasingly sustainability-oriented business world, transparent and high-quality information on sustainability aspects of companies is crucial. Due to the increased regulatory requirements for sustainability reporting, sustainability is essential for professional roles in controlling, accounting or management in addition to the classic financial perspective.
This course focuses on the application of relevant controlling tools to real business cases in the field of sustainability.
After successfully completing the course, students will be able to ...
Knowledge and understanding:
- (EU1) explain the systems and processes that underpin business decisions on sustainability issues
- (LO2) Describe the dimensions of corporate environmental, social and economic responsibility and identify measurement issues related to these dimensions .
Students will be able to legally classify the manifestations of modern Business Studies in the area of the use of IT solutions and relate them to the conventional instruments of corporate law.
Professional competence
Knowledge
- Students are already familiar with the basics of corporate law cases and their areas of application from their Bachelor's degree course. Building on this, students will be able to use specific cases to recognize the differences to conventional practical examples when IT applications are used. The students are able to use the practical examples presented to apply the knowledge they have acquired in civil law and in particular in company law in order to find viable legal solutions. To this end, students will learn the concepts of contract law on the Internet, intellectual property protection and the European Union's digitalization strategy. This strategy is conveyed primarily through the connections between the Artificial Intelligence Regulation (AI Regulation), data law (Data Act) and, in particular, data protection (GDPR).
- The students can recognize in practice in which IT-related situations certain problems occur that cannot be solved with the conventional instruments of civil law, especially corporate law.
- The students can apply the case constellations they have learned to new phenomena in the field of IT use in practice and arrive at viable legal solutions. The students can use the technical problems in a practice-relevant case to recognize the areas for which the law does not yet provide solutions and which approaches can be advocated here. Personal skills
- Students develop their skills in developing case solutions through teamwork in order to develop different approaches to solutions by working on cases together. In the case of technical issues, students learn where to get what kind of support and what cooperation between different disciplines looks like. Students are able to present solutions that have been created through teamwork in a results-oriented manner and present the results in such a way that even non-experts can implement them. Independence
- Students can also deal with complex legal issues independently and solve them convincingly .
- Students can recognize how IT problems affect them in practice and how to deal with them legally .
- Students will be able to independently identify which developments could potentially lead to new legal issues in the future.
Social competence
Contents
- Introduction to corporate sustainability
- Measurement and control of sustainability performance
- Concepts and tools for sustainability management
The course focuses on the problem areas that are generally regarded as the most important issues in the use of IT in business practice. For this purpose, current cases are used and future developments are taken into account.
Fundamentals of IT law:
- Basic concepts of IT law such as license rights, data protection law, copyright protection, ancillary copyrights, typical contractual services in software development, protection of machine data and database protection
- Connections between the various legal acts of the European Union in the field of digitization
- Selected use cases and typical legal issues
- Legal assessment of software transfer agreements
- Copyright issues in software contracts and "big data"
- Data protection issues under the GDPR and the BDSG
- Protection of "machine data" and trade secrets
- Legal problems with the use of artificial intelligence (AI)
- Data sharing issues in connection with the data economy
Teaching methods
Participation requirements
Content: none
Forms of examination
The module examination consists of
- Exam (100 %) (90 minutes)
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Arjaliès, D.-L., & Mundy, J. (2013). The use of management control systems to manage CSR strategy: A levers of control perspective. Management Accounting Research, 24(4), 284–300. Link
Bebbington, J., & Larrinaga, C. (2014). Accounting and sustainable development: An exploration. Accounting, Organizations and Society, 39(6), 395–413. Link
Bhimani, A., Horngren, C. T., Datar, S. M., & Rajan, M. V. (2019). Management and cost accounting (Seventh edition). Pearson.
Braun, K. W., & Tietz, W. M. (2023). Managerial accounting (7th ed). Pearson.
Burritt, R., Schaltegger, S., Bennett, M., Pohjola, T., & Csutora, M. (Eds.). (2011). Environmental Management Accounting and Supply Chain Management. Springer.
Christ, K. L., Dijkstra-Silva, S., Burritt, R. L., & Schaltegger, S. (2023). Sustainability management accounting – enabling macro-level sustainability transformation towards the United Nations Sustainable Development Goals. Meditari Accountancy Research, 32(3), 923–944. Link
De Villiers, C., & Maroun, W. (Eds.). (2018). Sustainability accounting and integrated reporting (1st Edition). Routledge, Taylor & Francis Group.
Gond, J.-P., Grubnic, S., Herzig, C., & Moon, J. (2012). Configuring Management Control Systems: Theorizing the Integration of Strategy and Sustainability. Management Accounting Research, 23(3), 205–223. Link
Gray, R. (2010). Is accounting for sustainability actually accounting for sustainability…and how would we know? An exploration of narratives of organisations and the planet. Accounting, Organizations and Society, 35(1), 47–62. Link
Hubbard, G. (2009). Measuring organizational performance: Beyond the triple bottom line. Business Strategy and the Environment, 18(3), 177–191. Link
Hummel, K., & Bauernhofer, K. (2024). Consequences of sustainability reporting mandates: Evidence from the EU taxonomy regulation. Accounting Forum, 0(0), 1–27. Link
Hummel, K., & Jobst, D. (2024). An Overview of Corporate Sustainability Reporting Legislation in the European Union. Accounting in Europe, 0(0), 1–36. Link
Rimmel, G. (Ed.). (2020). Accounting for Sustainability (1st ed.). Routledge. Link
Stolowy, H., & Paugam, L. (2023). Sustainability reporting: Is convergence possible? (SSRN Scholarly Paper 4380349). Link
Wagenhofer, A. (2023). Sustainability Reporting: A Financial Reporting Perspective. Accounting in Europe, 0(0), 1–13. Link
Aktuelle Textausgaben des BGB, UrhG, MarkenG, TMG, DSGVO, BDSG
Weitnauer et.al., Beck’sches Formularhandbuch IT-Recht, 6. Aufl. 2024
Redeker, IT-Recht, 8. Aufl. 2023
Becker, Rechtliche Grundlagen und IT-Recht, 1. Aufl. 2018
Hoeren, Skript Internetrecht, abrufbar unter:
https://www.itm.nrw/wp-content/uploads/Skript-IT-Recht-Stand-Oktober-2019.pdf - ständig aktualisiert
Kostenmanagement- PF
- 4 SWS
- 6 ECTS
- PF
- 4 SWS
- 6 ECTS
Number
95030
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
Students recognize that cost management is geared towards the active and conscious design of a company's cost and service relationships. They are aware that cost management is centrally integrated into corporate management. The students will be able to ventilate the basic conceptual elements of cost accounting and cost management. Furthermore, they understand analytical planning, control and influence in cost management areas. Students reflect on cost management in a systemic scientific and applied context and are familiar with the current state of research, including starting points for research requirements and investment needs in practice.
2.1.2 Skills
By understanding the interrelationships of cost management, students develop the ability and skills to use cost management instruments appropriately and professionally.
Methodically, they can correctly process selected problems using subject-specific procedures and find a well-founded solution. They are able to interpret their mathematical results, critically analyze their significance and defend their own position in a self-reflective manner. Using selected examples, students will be able to relate individual techniques to a professional industrial environment and consulting practice and creatively demonstrate innovative potential.
2.2 Personal skills
2.2.1 Social competence
- Students develop teamwork skills, which are supported by homework including presentation tasks .
- Students are able to coordinate and work on tasks in a goal-oriented manner. They deepen their knowledge of a current topic in cost management by applying common methods of scientific work and acquire sound specialist knowledge of the content.You will be able to present team results in a complex and demanding environment, defend your own points of view and argue from different stakeholder perspectives. You communicate in a technically sound and convincing manner to the target group and are empathetic at the same time. 2.2.2 Independence
- Students can develop a topic independently according to their personal abilities and structure it into practicable work tasks. By adopting an independent approach, they form conscious focal points that correspond to their inclinations, for which they are motivated and adopt an attitude. They have the ability to understand Business Studies of various specialist functions in connection with cost management and controlling tasks in a decentralized and centralized manner.
- They are able to derive their own viewpoints and attitudes towards existing theories, models and experiences and defend them in critical discussions.
Contents
The course consists of a more theoretically oriented (first) part and a more application/implementation-oriented (second) part, which is directly linked to the individual subject areas, e.g. through exercise phases. The core of the second part consists of a research seminar or a project seminar with a practice partner from urban society on modern cost management topics. These are explored in self-study, organized in group work, and critically discussed together with the auditorium in presentation phases in addition to a term paper.
Cost management (SV with integrated exercise)
- Basic statements on cost management
- Overhead and fixed cost management
- Process cost management
- Process cost management
- Project cost management
- Product cost management
Teaching methods
The practical part of the module is reinforced by a guest lecture and digitization workshop by a renowned consulting company of the Stadtgesellschaft Dortmund.
Participation requirements
Content: Basic knowledge of cost and activity accounting
Forms of examination
- Exam at the end of the semester 90 minutes
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Coenenberg, A.G.; Fischer, T. M.; Günther, T.: Kostenrechnung und Kostenanalyse, aktuelle Auflage, Stuttgart
Fischer, T.; Möller, K.; Schutze, W.: Controlling - Grundlagen, Instrumente und Entwicklungsperspektiven, aktuelle Auflage, Stuttgart
Franz, K.-P.; Kajüter, P. (Hrsg.): Kostenmanagement. Wertsteigerung durch systematische Kostensteuerung, aktuelle Auflage, Stuttgart
Friedl, B.: Kostenmanagement, aktuelle Auflage, Stuttgart
Haberstock, L.: Kostenrechnung II. (Grenz-)Plankostenrechnung mit Fragen, Aufgaben und Lösungen. Bearbeitet von Volker Breithecker, aktuelle Auflage, Berlin
Hölzlwimmer, A.; Hahn, A.: Produktkosten-Controlling mit SAP, aktuelle Auflage, Bonn
Kajüter, P.: Proaktives Kostenmanagement. Konzeption und Realprofile, Wiesbaden
Weber, Jürgen; Schäfer, Utz: Einführung in das Controlling, aktuelle Auflage, Stuttgart
Quantitative Methoden & Data Analytics- PF
- 4 SWS
- 6 ECTS
- PF
- 4 SWS
- 6 ECTS
Number
952018
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
- The students have a broad and integrated knowledge of multivariate analysis methods/econometrics/data science including the mathematical foundations and practical applications.
- Students are familiar with model approaches from the above-mentioned areas for a variety of quantitative, business studies questions.
- Students are proficient in the advanced quantitative tools of multivariate analysis methods/econometrics/data science. They can apply these methods to quantitative, Business Studies questions.
- You can use the relevant software (e.g. Excel, SPSS, R, Python) to solve such problems. They are able to embed the results in the appropriate Business Studies context.
2.2.1 Social competence
- Students develop teamwork skills by working together on tasks and case studies on the PC. Students can present their solutions in a result- and application-oriented manner appropriate to the target group. 2.2.2 Independence
- Students can deal independently with complex work and study contexts and design them in line with requirements. They can independently develop complex issues in group or individual work.They have the ability to assess the relevance of statistical problems in a Business Studies context and to independently develop solution concepts.
Contents
- Multivariate analysis methods/econometrics/data science
multivariate linear regression analysis (incl. dummy variables), analysis of variance, discriminant analysis, contingency analysis (e.g. CHAID analysis), cluster analysis, factor analysis, time series analysis - DV exercises on multivariate analysis methods/econometrics and data science
Working on exercises and case studies on the PC with e.g. Excel, SPSS, R, Python
Teaching methods
Participation requirements
Content: knowledge of business mathematics and statistics from the Bachelor's program
Forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Auer, B.; Rottmann, H.: Statistik und Ökonometrie für Wirtschaftswissenschaftler, 3. Aufl., Heidelberg (Springer), 2014
Backhaus, K.; Erichson, B.; Plinke, W.; Weiber, R.: Multivariate Analysemethoden, 15. Aufl., Heidelberg (Springer), 2018
Backhaus, K.; Erichson, B.; Weiber; R.: Fortgeschrittene Multivariate Analysemethoden, 3. Aufl., Heidelberg (Springer), 2015
Bühl, A.: SPSS: Einführung in die moderne Datenanalyse ab SPSS 25, 16. Aufl., München (Pearson), 2018
Field, A.; Miles, J.; Field, Z.: Discovering Statistics Using R, London (SAGE Publications), 2012
Grus, J.: Einführung in Data Science: Grundprinzipien der Datenanalyse mit Python, Sebastopol (O'Reilly), 2016
Gujarati, D.: Econometrics by Example, 2. Aufl., London (Macmillan Education), 2014
Hochstädter, D.; Kaiser, U.: Varianz- und Kovarianzanalyse, Frankfurt a. M. (Verlag Harri Deutsch), 1988
Kabacoff, R.: R in Action: Data Analysis and Graphics with R, 2nd edition, Shelter Island (Manning Publications), 2015
Rudolf, M.; Müller, J.: Multivariate Verfahren, 2. Aufl., Göttingen (Hogrefe), 2012
Schlittgen, R.: Angewandte Zeitreihenanalyse mit R, 3. Aufl., Berlin (De Gruyter Oldenbourg), 2015
Steinhausen, D.; Langer K.: Clusteranalyse, Berlin (Walter de Gruyter), 1977
Advanced Accounting- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
951901
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
After completing the module, students will have in-depth knowledge of accounting in accordance with IFRS and HGB. They can critically assess the differences between the accounting standards (HGB and IFRS) and analyze them on the basis of different accounting theory concepts.
2.1.2 Skills
Students solve challenging problems of national and international accounting independently and in teams on the basis of legal texts/original standards and specialist literature. Technical papers are prepared and discussed in plenary sessions. In addition, students recognize the possibilities of influencing financial statements through accounting policy.
2.2 Personal skills
2.2.1 Social competence
Students develop a feel for different accounting approaches and the resulting variations in the presentation of the company to external parties. They recognize the respective motivation of decision-makers in companies for individual accounting policy measures and the accounting policy strategy.
2.2.2 Independence
Students learn to independently determine and interpret the effects of different balance sheet approaches - based on the accounting standards HGB and IFRS.
Contents
Teaching methods
Participation requirements
Content: Good basic knowledge of accounting according to HGB
Forms of examination
- Semester-accompanying partial performance (50 %)
- Exam (50%) (60 minutes)
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Zur Wiederholung der Grundlagen der Rechnungslegung nach HGB: Breidenbach, Karin / Währisch, Michael: Buchhaltung und Jahresabschluss, De Gruyter
Zur Veranstaltung:
Coenenberg, Adolf G. / Haller, Axel / Schultze, Wolfgang: Jahresabschluss und Jahresabschlussanalyse, Schäffer-Poeschel Verlag
Heuser, Paul J. / Theile, Carsten: IFRS-Handbuch, Verlag Dr. Otto Schmidt KG
Pellens, Bernhard / Fülbier, Rolf Uwe / Gassen, Joachim: Internationale Rechnungslegung, Schäffer-Poeschel Verlag
Tanski, Joachim S., Rechnungslegung und Bilanztheorie, Oldenbourg
HGB-Kommentare
IFRS-Kommentare
Fachzeitschriftenbeiträge
Aktuelles Thema- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
952091
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
The students know the context and the basic theories of the "current topic", develop possible solutions for the "novel" problem and also practice innovative research methods, independent learning, group work and presentations.
The course must be approved by the head of the degree program in consultation with the dean's office.
Contents
Teaching methods
Accompanying compulsory reading of specified sources as well as independent research on current topics and practical problems or applications.
Group work, moderated discussion, "learning by doing", independent preparation of papers, presentation of papers and group results under time restrictions.
It is advisable to invite external experts to give lectures or to participate in the courses as lecturers.
Participation requirements
Content: To be specified by the lecturer in each case
Forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
-
Importance of the grade for the final grade
Literature
Aktuelles Thema: Tax Basics- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
9520911
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
Background: This compulsory elective module is intended to enable the head of degree program, in coordination with the Dean's Office, to approve special and usually one-off WPM courses on current topics, e.g. based on changes in the law, technological developments or economic situations ("crisis"). Such flexible offers were requested by some subject groups and can also be considered across subject groups (e.g. business administration + economics or business administration + law). The offer of a compulsory elective module via participation in the Ruhr Master School (RMS) can also be provided as a "current topic".
The students know the context and the basic theories of the "current topic", develop possible solutions for the "novel" problem and also practice innovative research methods, independent learning, group work and presentations.Course must be approved by the head of degree program in consultation with the dean's office.
Contents
The content and form (seminar or block) of the courses must be specified in good time by the lecturers offering them and announced in a module description.
Teaching methods
Powerpoint-supported, dialog-oriented events with practical examples.
Compulsory reading of specified sources as well as independent research on current topics and practical problems or applications.Group work, moderated discussion, "learning by doing", independent preparation of papers, presentation of papers and group results under time restrictions.
It is advisable to invite external experts to give lectures or to participate in the courses as lecturers.
Participation requirements
Formal: None
Content: To be specified by the lecturers
Forms of examination
Exam at the end of the semester and, if applicable, an examination during the semester
Requirements for the awarding of credit points
Passed module exam and successful seminar performance during the semester
Applicability of the module (in other degree programs)
-
Importance of the grade for the final grade
Literature
Finanzmanagement- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
951904
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
Students master the capital market theory models for determining the cost of capital. They understand the interdependencies between investment decisions, financing decisions, the cost of capital and firm value.
2.1.2 Skills
- Recognizing the relationship between risk and return
- Evaluating investment projects against the background of risk-adequate capital costs
- Identifying specific advantages and disadvantages of financing structures
- Determination of optimal project financing taking into account taxes and insolvency costs
- Application of specific project valuation methods
2.2.1 Independence
- Solving a practice-oriented case study independently
Contents
- Fundamental principles in corporate finance
- Risk and Return
- Cost of Capital (levered and unlevered Firm)
- Firm Value and Leverage
- Project Valuation
- Case studies on investment and financing decisions of IT companies
Teaching methods
- Lecture with accompanying exercise
- The lecture is conducted in interaction with the students with blackboard writing and projection
Participation requirements
Content: -
Forms of examination
- Exam (60 minutes) (75%)
- as well as an examination during the semester (25%)
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Hillier, D. u.a. (2013): Corporate Finance, 2nd European Edition, New York (McGraw-Hill)
Insurance & Corporate Risk Management- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
952015
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
In this course, students should gain comprehensive knowledge of the risk management process and the instruments of risk financing and control in an insurance company in terms of systematic risk management
. In addition to the basic processes of risk analysis and assessment, students will also become familiar with the specific risk management instruments of an insurer, in particular procedures for portfolio optimization, risk transfer through reinsurance and instruments for equity management and provisioning.
2.1.2 Skills
Students master the instruments of modern economically based corporate management models that simultaneously consider earnings and risk positions and can develop suitable solutions for practical application situations on this basis.
The students
- will be able to confidently apply the instruments of corporate risk management and place them in the overall context of the company are able to work on selected problems methodically and correctly using subject-specific procedures and find a well-founded solution,can interpret mathematical results and analyze their significance,can relate individual techniques to a professional environment.
2.2.1 Social competence
The students
- develop, communicate and create a problem solution for risk management processes and the instruments of risk financing and control in an insurance company
- discuss and communicate the various methodological approaches critically, varying the degree of complexity
- develop a feel for the different actors involved in the risk management process
- learn to reflect critically on decisions
The students are able to
- perceive the appropriate quantitative networking of the risk management process with systems of performance measurement and evaluation commonly used in insurance companies .
- review changes in risk management in terms of their relevance without the support of third parties and classify problems in practice
- discuss the basic principles and various methods with a degree of complexity appropriate to the respective discussion situation
Contents
- General risk management approach
- Quantitative risk models
- Risk management instruments and risk financing
- Reinsurance and alternative risk transfer
- Risk capital models as an ERM model
Teaching methods
Participation requirements
Content: none
Forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Farny, Dieter: Versicherungsbetriebslehre, Karlsruhe 2011
Harrington;Niehaus: Risk Management and Insurance, Irwin/McGraw-Hill, 2003
Hoffmann, Klaus: Risk Management, 1985, VVW Karlsruhe
Liebwein, Peter: Klassische und moderne Formen der Rückversicherung, Karlsruhe 2009
McNeil,A.,Frey,R.,Embrechts,P.: Quantitative Risk Management, Princeton 2005
Nguyen, Tristan:Handbuch der wert- und risikoorientierten Steuerung von Versicherungsunternehmen, Karlsruhe, 2008
Rejda, G., McNamara, M.: Principles of Risk Management and Insurance, Boston 2013
Romeike, F., Müller-Reichert, M.: Risikomanagement im Versicherungsunternehmen, Weinheim, 2005
Schradin, Heinrich, R.: Erfolgsorientiertes Versicherungsmanagement, Karlsruhe, 1994
Wagner, Fred: Risk Management im Erstversicherungsunternehmen, Karlsruhe 2000
Vanini, Ute: Risikomanagement Grundlagen, Instrumente, Unternehmenspraxis, Stuttgart, 2012
Wolke, Thomas: Risikomanagement, München 2008
Macroeconomics and Finance- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
952011
Language(s)
en
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
The Students can
- describe and evaluate international environments faced by investors,
- apply the latest state of knowledge regarding the application of practical empirical models for asset allocation,
- interpret qualitative and quantitative data and present appropriate and coherent recommendations based on this.
The Students can
- detect and identify risk on international markets based on macroeconomic analysis
- use data techniques to analyze market risks and outlooks
- apply sophisticated quantitative tools for data analysis in different economic settings
2.2.1 Social Competencies
The Students can
- lead and coordinate teams in a results-oriented fashion,
- present and prudently defend team results in a complex and demanding environment,
- improve cooperation among human resource in projects and organizations based upon appropriate policies and strategies
The Students can
- work out independent projects and ideas and can do what is necessary to carry out a sustainable management initiative.
Contents
Topics include
- Macroeconomic environment of capital markets
- International linkages between markets and economies
- Bond markets
- Stock markets
- International currency markets
- Diversification/International portfolio selection
- Projection of asset returns
- Practical models for asset allocation
- Examples of statistical models applied in asset allocation
- Examples of current comments and analysis of capital markets
Teaching methods
Participation requirements
Knowledge and Competencies: Statistics, Macroeconomics, Theory of capital markets/Investment Theory
Forms of examination
- written exam (50%)
- presentation based on article (50%)
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Mishkin, Frederic: „Economics of Money, Banking, and Financial Markets“
Krugman/Obstfeld/Melitz, „International Economics“
Cuthbertson, Nitzsche: „Quantitative Financial Economics“
Literature and papers cited in the lecture
Projektorientiertes Studium- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
952099
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
The project-oriented study program serves to work on a comprehensive problem with reference to a typical project issue. The aim is to deepen the ability to apply the content learned during the course and to use it efficiently to solve practical problems and to evaluate the results achieved.
2.2 Personal competencies
2.2.1 Social competence
Practical experience is accompanied by intensive collaboration in teams. The groups are largely responsible for their team and learn to work together on complex problems in a project-oriented manner
.
2.2.2 Independence
Students are able to work on project topics under supervision with increasing independence and autonomy.
Contents
Teaching methods
Participation requirements
Content: To be specified by the lecturer in each case
Forms of examination
- Semester-accompanying partial performance
- Exam
- Presentation
- Combination of the listed forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Steuermanagement I (VAT & Corporate Tax)- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
951903
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
The students
- have in-depth knowledge of national and international VAT law
- know and understand the basic taxation of corporations and their shareholders across all tax types
- have in-depth knowledge of the impact of taxes on business decisions
The students can
- show the system of value added tax and direct taxes for corporations
- solve specific tax problems in connection with value added tax and corporation tax
- assess tax-relevant issues and structure them in a tax-optimized manner from a business perspective
2.2.1 Social skills
The students
- develop team skills that are supported by partner and group work during the lecture
- are able to prudently present and defend their team results in a complex and challenging environment
- practice the acquisition of a fact-based discussion culture
The students are able to
- deal independently with legal texts, administrative instructions, case law and specialist literature
- apply acquired concepts to new problems and solve them independently
Contents
- Company status
- Taxable item for domestic supplies: taxable turnover
- Taxation of cross-border supplies of goods and services
- Tax exemptions
- Sale of the business as a whole
- VAT within the group and holding companies
- Pre-tax deduction and input tax entitlement
- VAT compliance
- Taxation of company and shareholder
- External shareholder financing
- Treatment of losses of the corporation (in particular in the event of a change of shareholder)
- Corporate income tax and trade tax group
Teaching methods
Participation requirements
Content: Solid knowledge corresponding to a 4 SWS basic course from the Bachelor (e.g. the course "Taxes" in the Bachelor of Business Administration)
Forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Jeweils aktuellste Auflage:
Englisch in Tipke/Lang, Steuerrecht, § 17
Meissner/Neeser: Umsatzsteuer
Niehus/Wilke: Die Besteuerung der Kapitalgesellschaft
Dötsch/Alber u.a.: Körperschaftsteuer
Wertorientierte Unternehmensführung- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
952012
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
Students know the central importance of corporate value for the long-term successful management of the company as well as the objectives and principles of value-based management. They will be familiar with the range of value-enhancing strategies and measures for the company as well as the key performance indicators and methods used in their development and implementation. Against the background of the requirements of the company's shareholders and stakeholders, students comprehensively incorporate corporate controlling into their analysis and design activities.
2.1.2 Skills
Based on the objectives and principles of action of value-based management, students design and analyze comprehensive value-enhancing strategic concepts for the company and recognize the requirements and consequences (which may change over time) for the various functional areas and fields of action of the company in a problem-oriented manner; in this context, the control variables and methods of value-based management are appropriately assessed with regard to their performance and accurately applied to realize sustainably successful action concepts.
2.2 Personal competencies
2.2.1 Social competence
Students deepen their skills in the area of leadership and teamwork (particularly with regard to communication and social skills). They recognize the usually cross-functional or cross-divisional consequences of the successful implementation of value-based management throughout the company (often in the context of a principal-agent constellation) and design an incentive structure for those involved that balances interests on the basis of appropriate analyses.
2.2.2 Independence
Students independently reflect on and assess the content-related and methodological quality of fundamental strategies and control parameters of value-oriented corporate management. Due to their application-oriented knowledge - reinforced by working on cases - students are able to make modifications to established management variables and methods and, if necessary, develop new management concepts so that solutions appropriate to the situation can be realized. They are also able to critically evaluate the general effectiveness of value-based management in comparison to competing approaches to corporate management and in interaction with complementary concepts and to draw the right conclusions from this in an application-oriented manner.
Contents
- Principles and target systems of value-oriented corporate management
- Share and stakeholder value as reference values
- System of value-enhancing strategies for the company (including differentiation according to reference levels)
- Value drivers and value driver models
- Balanced scorecard as a comprehensive analysis and design concept
- Control and management variables of value-oriented corporate management (e.g. economic value added, operating profit, discounted cash flow): Concept, operationalization, meaningfulness and information requirements
- Consequences for the company's functional areas and fields of action (operational implementation of value-based management) Role of corporate controlling as a management system
- Value-based incentive design in the company
- Process-related and structural perspectives of value-oriented corporate management .
Teaching methods
Seminar-style teaching with project work and case studies
Participation requirements
Content: Basic knowledge of corporate management, organization, controlling, HR management as well as corporate accounting and financing
Forms of examination
- Semester-accompanying partial performance (50%)
- Exam (50%) (60 minutes)
Requirements for the awarding of credit points
Passed module exam and examination during the semester
Applicability of the module (in other degree programs)
M.A. Business Management, M.Sc. FACT, M.Sc. FACT - Controlling & Digitalization
Importance of the grade for the final grade
Literature
Büchler, J. P. (2014): Strategie entwickeln, umsetzen und optimieren. München/Hallbergmoos, 2014
Coenenberg, A. G./Salfeld, R./Schultze, W. (2015): Wertorientierte Unternehmensführung, 3. Aufl., Stuttgart 2015.
Copeland, T./Koller, T./Murrin, J. (1998): Unternehmenswert. Methoden und Strategien für eine wertorientierte Unternehmensführung, 3. Auflage, Frankfurt/ Main 2002
Faix, A. (2019): Auswahl von Verfahren zur Wertbestimmung. Beitrag zur Umsetzung einer Wertorientierten Unternehmensführung, Arbeitspapier, Dortmund 2019 DOI: (10.13140/RG.2.2.34666.77764).
Firk, S./Wolff, M. (2018): Wertorientierung kann sich lohnen, in: Controlling & Management Review, Heft 2, 2018, S. 52 – 56.
Hahn D./Taylor, B. (2006): Strategische Unternehmungsplanung – Strategische Unternehmungsführung, 9. Aufl., Heidelberg, 2006
Herter, R. N. (1994): Unternehmenswertorientiertes Management, München 1994
Rappaport, A. (2006): Ten Ways to Create Shareholder Value, Harvard Business Review, Sept. 2006.
Stern, J. M./Shiely, J. S./Ross, I. (2001): The EVA Challenge, New York u.a. 2001
Stewart, G. B. (1999): The Quest for Value, 2. Aufl., New York, 1999
Wirtschaftsprüfung I & Gesellschaftsrecht- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
952017
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
In a world characterized by uncertainty and accounting scandals, reliable information is crucial for making informed decisions. Auditing supports reliable financial reporting and thus promotes confidence in the global market economy.
This course provides students with the fundamental knowledge they need for their professional careers - regardless of whether or not they go on to work in auditing themselves. Students will learn why an understanding of auditing is valuable for many roles in accounting, controlling and management.
After successfully completing the course, students will be able to ...
Knowledge and understanding
- (LO1) explain the concept of auditing and its necessity .
- (EU2) describe the access to the auditing profession, the tasks and duties as well as the business model
- (EU3) explain the principles and process of an annual audit. (EU4) explain the basics of process mining and classify its relevance for auditing.(EU5) describe current developments in sustainability reporting and auditing. Use, application and generation of knowledge
- (EU6) Select and perform appropriate and sufficient procedures for selected parts of the assurance process based on a risk-based approach and assess when conclusions can be drawn from the results and findings obtained and in which cases matters should be referred for clarification or decision by the assurance team. (EU7) navigate existing process mining analyses using Celonis software, identify actual processes, compare them with expectations and evaluate and document findings.
- (LO8) document and communicate work results individually and collectively in a manner appropriate to the target group .
- (LO9) reflect on the significance of the professional behavioral requirements "critical attitude" and "dutiful discretion" and justifiably classify professional ethical issues in connection with integrity, objectivity, professional competence and due care, confidentiality and professional conduct .
- The students know the legal foundations of individual company forms, in particular the rules of shareholder liability, the provision and maintenance of capital, representation and management in a company as well as the basics of corporate actions
- The students are able to make a well-founded decision on the choice of legal form and evaluate the facts accordingly .
- They can use the case methodology they have learned to structure corporate law problems in the company and develop proposed solutions. You will recognize which regulations will be required in a partnership agreement and can participate in the creation of the regulation. Personal skills
- Students develop team skills that are supported by working on cases together .
- Students can lead and coordinate teams in a results-oriented manner. They can present team results in a complex and challenging environment and propose legally relevant solutions. Independence
- Students can deal with complex legal cases independently and solve them convincingly .
- They have the ability to understand the interplay between Business Studies and commercial law and to form their own point of view. You will be able to systematically analyze legal issues independently and develop a practical business solution for them.
Professional competence
Knowledge
Social competence
Contents
- Introduction to auditing
- Profession of the auditor
- Auditing external financial reporting
- Risk-oriented audit approach
- Professional conduct requirements and ethical issues
- Process mining
- Sustainability reporting and auditing
- Partnerships (concept, formation, internal and external relations, liability of partners)
- Corporations (including basic principles, formation, executive bodies, internal and external relations, raising capital, internal and external liability)
- Choice of legal form
- Basics of mergers & acquisitions (including share deals and asset deals; structuring the business relationship against the background of a possible corporate transaction)
Teaching methods
Participation requirements
Content: Basic knowledge of accounting; basic knowledge of commercial law
Forms of examination
- Exam (100 %, of which 50 % are auditing I and 50 % corporate law), 90 min. duration
- Exam (90%, of which 40% is auditing I and 50% is corporate law), 90 minutes
- Semester-long, English-language e-learning "Process Mining for Audit Professionals" with final ILIAS test (5%, for LE4 and LE7 of Wirtschaftsprüfung I), up to 7 hours in duration (average duration from participant feedback 7.5 hours)
- Semester-accompanying reflection as an ILIAS survey (5%, for Wirtschaftsprüfung I), up to 2x 15 minutes
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
a. Wirtschaftsprüfung
Graumann, M. (2023). Wirtschaftliches Prüfungswesen (7. Aufl.). NWB Verlag.
Maksymov, E. (2022). The craft of auditing for accounting undergraduates: The stuff you actually need to learn before graduating (1. Aufl.). Cognella.
Marten, K.-U., Quick, R., & Ruhnke, K. (2020). Wirtschaftsprüfung (6. Aufl.). Schäffer-Poeschel.
b. Gesellschaftsrecht
Bitter/Heim, Gesellschaftsrecht, aktuelle Auflage
Führich, Wirtschaftsprivatrecht, Bürgerliches Recht, Handelsrecht, Gesellschaftsrecht, aktuelle Auflage
Meyer, Wirtschaftsrecht: Handels- und Gesellschaftsrecht, aktuelle Auflage
Wackerbarth/Eisenhardt, Gesellschaftsrecht I und II, aktuelle Auflage
2. Semester of study
Business Intelligence-gestütztes Controlling- PF
- 4 SWS
- 6 ECTS
- PF
- 4 SWS
- 6 ECTS
Number
95230
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
The students
- expand their knowledge in the field of controlling to include special components of IT support with business intelligence deepen their knowledge in special areas of cost and performance controlling in the project, banking and insurance business
- deepen their knowledge in specific areas of risk and BSC controlling. work together with the lecturer to gradually develop essential extended knowledge bases and decision-making fields based on the latest information technology and the specialist area of controlling and its module characteristics.
The students
- get to know and apply tried and tested concepts, systems and instruments of BI-supported controlling with regard to decision support for company managers
- learn how to use modern IT solutions (e.g. data warehouse) in case studies, which are particularly in demand for use in today's professional field .
- are able to apply sophisticated reporting and planning tools for data analysis and forecasting in different business environments and are able to adapt them to new practical conditions
- Master methods and instruments of cost and performance controlling in the project, banking and insurance business and are able to classify them critically. Can implement and apply methods and instruments of risk and BSC controlling in an organization. 2.2 Personal competencies
- solve controlling-oriented problems alone and in a team. They contribute their own ideas and arguments to the group .
- develop technical papers independently, which are discussed in the team
- present and defend your team results prudently in a complex and demanding environment
- learn about potential for improvement in cooperation between people in projects and organizations, especially between IT and specialist functions. improve their HR skills, which are required in a BI project. 2.2.2 Independence
- The students
- learn to independently manage and transform complex work or study contexts and can implement these in a new IT environment .
- reflect on the operational challenges of a company in relation to IT and specialist functions as well as the social values affected by these
- can independently develop independent projects and ideas and support them with business intelligence .
2.2.1 Social competence
The students
Contents
- Business Intelligence and Business Performance Management
- Data Warehouse
- Development of reporting structures and content
- Development of planning systems
- Big data
- Key figure systems
- Cost and performance controlling in different industries
- Early warning and management information systems
- Balanced scorecard
- Risk controlling
Teaching methods
Multimedia approach using PC, projector, overhead projector and blackboard.
Participation requirements
Content: Basic knowledge of accounting and controlling would be an advantage.
Forms of examination
- Semester-accompanying partial performance: Group homework. (50%)
- Exam (50%) (60 minutes)
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Chamoni, P., und P. Gluchowski. Business analytics – state of the art. Zeitschrift für Con-trolling, Management Review 61(4):8–17, 2017.
Diederichs, M.: Risikomanagement und Risikocontrolling, 4. Aufl., München 2018.
Engels, C.: Basiswissen business intelligence, 2. Aufl. Dortmund: W3I. 2015
Gluchowski, P.; Chamoni, P.: Analytische Informationssysteme: Business-Intelligence-Technologien und –Anwendungen, 5. Aufl., Wiesbaden: Springer 2016.
Horváth, P.; Gleich, Ronald; Seiter, Mischa.: Controlling, 13. Aufl., München 2015.
Kemper, H.-G.; Mehanna, W.; Unger, C.: Business Intelligence Grundlagen und Prakti-sche Anwendungen, 3. Aufl., Wiesbaden 2010.
Reichmann, Thomas; Kißler, Martin Baumöl, Ulrike.: Controlling mit Kennzahlen, 9. Aufl., München 2017.
Schön, Dietmar: Planung und Reporting im BI-gestützten Controlling: Grundlagen, Busi-ness Intelligence, Mobile BI und Big-Data-Analytics, 3. Aufl., Wiesbaden 2018.
Weber, Jürgen; Schäffer, Utz: Einführung in das Controlling, 15. Aufl., Stuttgart 2016
Wiesehahn, A; Kißler, M. (Hrsg.): Erfolgreiches Controlling - Theorie, Praxis und Perspek-tiven, München, Vahlen, 2018
Data Analytics for Management Accounting- PF
- 4 SWS
- 6 ECTS
- PF
- 4 SWS
- 6 ECTS
Number
95270
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
The students
- expand their knowledge in the field of data analysis from a conceptual and practical perspective, understand typical problems and various uses of data analysis as well as the professional roles involved that benefit from data analysis,know various current tools and, depending on the practical problem, can make a conscious and combined selection to find a goal-oriented solution,deepen their knowledge of the application of various tools using selected case studies,understand the strengths and weaknesses as well as development potential of common tools,gain a comprehensive overview of the basics of data analytics,are able to define and practically classify the various technical terms used in data analytics,know the possible areas of application of data analytics in controlling and finance,understand the different challenges in dealing with structured and unstructured data,know the categories of tools and applications in the field of data analytics.
Students gradually test and master various data analysis tools to support decision-making in different roles in companies. From this, they develop the ability to use data analysis tools and trends appropriately and professionally in order to arrive at a targeted solution. You will be able to interpret your results and critically analyze their significance. Using selected examples, you will be able to relate individual techniques to a professional industrial environment and consulting practice and creatively demonstrate innovative potential.
The students
- learn how to use relational databases and the Structured Query Language, use a self-service BI tool and
- learn how to use Python for data analysis .
2.2.1 Social skills
Students develop team competence in working on the cases. They are also able to present their team results in a complex and demanding environment, represent their own points of view and argue from different stakeholder perspectives. In doing so, you will be able to communicate in a technically sound and convincing manner to the target group and at the same time be empathetic.
Overall, you will learn about challenges and potential for improvement in cooperation between people with different characters, which also arise in everyday practice, especially between IT and specialist functions.
2.2.2 Independence
Students learn to work independently in the acquisition of various data analysis tools. In addition, they solve various cases alone and in teams by developing them independently and structuring them into practicable work tasks. By taking an independent approach, you will consciously focus on areas that correspond to your inclinations, allowing you to contribute your own ideas for solving the case. Through the reflection process initiated in the auditorium, the students follow and question their learning process in the course and their role in the group work, from which recommendations for further teamwork and the course of study are derived.
Contents
- Import of inventory data from DATEV pre-systems
- Import and preparation of data sets from non-DATEV systems
- Standard audit steps, e.g. for balance sheet analysis, plausibility checks, mathematical-statistical procedures
- Design of test steps according to individual objectives, e.g. by sorting, filtering, layering or grouping
- Output and interpretation of results lists
- Standardization of audit procedures
- Planning and execution of automated data analyses
- Basics, delimitations and definitions of data analytics
- Evaluation of structured data with relational databases and SQL
- Self-service business intelligence
- Data analysis with Python
Teaching methods
Participation requirements
Content: none
Forms of examination
- Semester-accompanying partial performance (20 %)
- Semester-accompanying partial performance (30 %)
- Exam (50 %) (60 minutes)
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Adams, Ralf: SQL, München 2012.
Chamoni, P., und P. Gluchowski. Business analytics – state of the art. Zeitschrift für Con-trolling, Management Review 61(4):8–17, 2017.
DATEV (2019): Arbeitsunterlage: DATEV Datenprüfung, Nürnberg 2019.
Freiknecht, Jonas: Big Data in der Praxis, München 2014.
Froche, Jörg: Maschinelles Lernen - , München 2019.
Horváth, P.; Gleich, Ronald; Seiter, Mischa.: Controlling, 13. Aufl., München 2015.
Kemper, Hans-Georg; Baars, Henning; Mehanna, Walid: Business Intelligence – Grundlagen und praktische Anwendungen - Eine Einführung in die IT-basierte Managementunterstützung, 3., überarb. Und erw. Aufl., Wiesbaden 2010.
Weber, Jürgen; Schäffer, Utz: Einführung in das Controlling, 15. Aufl., Stuttgart 2016.
IT-Controlling- PF
- 4 SWS
- 6 ECTS
- PF
- 4 SWS
- 6 ECTS
Number
95300
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1 Professional competence
2.1.1 Professional and methodological competence
- Determine the semantic meaning of the basic terms of IT controlling
- Determine the special requirements of cost accounting for IT controllers
- Describe and explain important methods of strategic IT controlling, such as IT strategy, standardization, balanced scorecard, portfolio management and methods for determining value in IT
- Select and analyze strategic methods based on practical examples and case studies
- Explaining and developing selected operational tools of IT controlling, e.g. special aspects of IT cost and performance accounting, key performance indicator systems for IT, the importance of performance agreements in the form of service level agreements and decision-making bases for outsourcing processes .
- Explain new IT technologies and their significance for company business models. 2.1.2 Self-competence
- Developing a solution for a given problem
- Presenting a solution in a group
- Moderating a discussion in a group
Contents
- IT controlling concepts
- Review of the basics of management accounting
- Strategic IT controlling tools
- Operative IT controlling tools
- Presentation of selected innovative IT technologies
- Case studies
Teaching methods
- Lecture in interaction with the students, with blackboard writing and projection,
- Solving practical exercises in individual or team work,
Participation requirements
Content: none
Forms of examination
- written examination paper or oral examination (according to the current examination schedule)
- examinations during the semester
Requirements for the awarding of credit points
- passed written examination or passed oral examination (according to current examination schedule)
- successful term paper
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Gadatsch, A., Masterkurs IT-Controlling, 5. Auflage, Wiesbaden 2015
Gadatsch, A., IT-Controlling für Einsteiger, Praxiserprobte Methoden und Werkzeuge, Wiesbaden 2016
Ergänzende Literatur:
Buchta, D. u. a., Strategisches IT-Management, 3., überarbeitete und erweiterte Auflage, Wiesbaden 2009
Gröner, U., Geschäftsprozessmanagement I, Online-Publikation, o. O. 2008, unter: http://www.shaker.de/de/content/catalogue/index.asp?lang=de&ID=6&category=181Krcmar, H., Informationsmanagement, 6. Aufl., Berlin et al. 2015
Wöhe, G., Döring, U., Betriebswirtschaftslehre, 26. Auflage, München 2016
Aktuelles Thema- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
954091
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
The students know the context and the basic theories of the "current topic", develop possible solutions for the "novel" problem and also practice innovative research methods, independent learning, group work and presentations.
The course must be approved by the head of the degree program in consultation with the dean's office.
Contents
Teaching methods
Accompanying compulsory reading of specified sources as well as independent research on current topics and practical problems or applications.
Group work, moderated discussion, "learning by doing", independent preparation of papers, presentation of papers and group results under time restrictions.
It is advisable to invite external experts to give lectures or to participate in the courses as lecturers.
Participation requirements
Content: To be specified by the lecturer in each case
Forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
-
Importance of the grade for the final grade
Literature
Aktuelles Thema: Digital Skills- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
9540911
Language(s)
en
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1 Professional Competencies
2.1.1 Knowledge
The students know and understand
-
the core aspects, concepts, methods and principles of the technologies digital twin and artificial intelligence,
-
the areas of application of the methods of machine learning and simulation for companies,
-
process models in digitization projects and simulation projects
2.1.2 Skills
The students can
-
explain the basics of digital twins and artificial intelligence
-
name and classify their methods
-
assess suitability and maturity for business use cases
-
assess the relevance, opportunities, risks and limitations of use in for business use cases
-
solve smaller, application-related problems with selected technologies
-
identify required skills and competences in the company upon introduction
2.2 Personal Competencies
The students
-
develop an attitude towards the technologies of digital twins and artificial intelligence and their methods
-
can deal with complexities when working in groups
-
are able to present and defend team results in a complex and demanding environment
The students can
-
cope with complex tasks
-
work on case studies independently and in groups in a targeted manner
Contents
Digitization, the Internet of Things and Industry 4.0 will significantly change companies and supply networks. The basis for a sustainable competitiveness are smart products, innovative services and new business models based on digital technologies.
Two core concepts of digitalization are Digital Twins and Artificial Intelligence. The digital twin promises to offer a real-time, always up-to-date, digital model of physical resources (machines, employees) and processes. It allows to determine relevant KPI and to forecast developments, e.g. by use of simulation techniques.
Artificial intelligence is not only found in technologies such as autonomous vehicles, smart production machines and speech recognition, but also in sales forecasting, supply chain risk management, quality control, marketing and many other business tasks.
Consequently, both concepts hold many opportunities, but in order to apply these in a targeted manner and to derive recommendations for the necessary skills and abilities of the employees, it is necessary to gain an insight into the underlying technologies and to identify the success factors as well as risks and limitations.
This course offers a case study-based, application-centered introduction to both technologies for students with a business background.
After an introduction to the concepts of digital twins and artificial intelligence, possible applications in the business environment are discussed. Following, the basics of simulation are imparted. The students work on case studies using the popular simulation software Anylogic.
In the artificial Intelligence part, a technical overview of the common methods of artificial intelligence is given and small, basic case studies on selected methods are worked on in groups using a Python environment. In contrast to other, more statistically or technical oriented modules, the focus in this module lies on machine learning, i.e. cluster and classification methods, such as those used in supply chain management for supplier or customer classification, in quality management for error detection or in risk management for bottleneck forecasting.
Lecture Structure
-
Digital twin and artificial intelligence
-
Basic concepts, principles, and methods
-
Areas of application of the methods of machine learning and simulation within companies
-
-
Digital twin and simulation
-
Introduction, digitization projects and simulation projects
-
Basics of simulation with Anylogic
-
Case studies
-
-
Artificial intelligence
-
Introduction to AI and machine learning
-
Basics of programming in Python
-
Supervised learning: principles, applications and case studies
(Nearest Neighbor, Decision Trees, Neural Nets) -
Unsupervised learning: principles, applications and case studies
(k-Means, hierarchical clustering)
-
-
Summary
-
Suitability and maturity of concepts and methods
-
Relevance, opportunities, risks and limitations in applications
-
Required skills and competencies
-
Note:
-
This course includes an introduction to the simulation software Anylogic. The software will also be applied for a case study in Module 9_10 Supply Chain Process Improvements (Code Number 984012).
-
This course includes an introduction to programming in Python. Python will also be applied for a case study in Module 7 SCM Applications (Module Number 98251).
Teaching methods
-
Lectures introducing concepts, methods and tools
-
Online courses introducing programming concepts
-
Group work to practice methods and to work on case studies
-
Guest lectures
Participation requirements
Formal: none
Knowledge and competencies: none
Forms of examination
-
50% contributions within the course (homework, group work, presentations, case studies)
-
50% written or oral examination at the end of the course
Requirements for the awarding of credit points
In total a required minimum level has to be achieved in all above named parts of the assessment (typically 50%).
Applicability of the module (in other degree programs)
M.Sc. Digital Transformation
Importance of the grade for the final grade
Literature
Ertel, W. (2021): Grundkurs Künstliche Intelligenz - Eine praxisorientierte Einführung, Springer Fachmedien Wiesbaden GmbH
Freitag, Kotzab, Megow: Dynamics in Logistics, Springer 2021
Frochte: Maschinelles Lernen: Grundlagen und Algorithmen in Python, Hanser, 2021
Göpfert: Logistik der Zukunft, 8. Auflage, Springer Gabler, 2019
Gutenschwage, Rabe, Spiekermann, Wenzel: Simulation in Produktion und Logistik, Springer, 2017
Kubat: An Introduction to Machine Learning, Springer 2021
McKinney, W. (2012). Python for data analysis: Data wrangling with Pandas, NumPy, and IPython. O'Reilly Media.
Müller: Introduction to machine learning with Python. O'Reilly Media, 2016
Norvig, P., Russel, S. (2021): Artificial Intelligence, Harlow Pearson Educations
Wagner: Industrie 4.0 für die Praxis, Springer Gabler, 2018
Winkelhake, U.: The Digital Transformation of the Automotive Industry, Springer International Publishing, 2018
Besondere Probleme der nationalen und internationalen Rechnungslegung- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
954008
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
Students have in-depth knowledge of national and international accounting, including group accounting.
2.1.2 Skills
Students apply national and international accounting regulations. They solve accounting-oriented problems alone and in teams, can present solution concepts and discuss them critically in plenary sessions.
2.2 Personal skills
2.2.1 Social skills
Students can work on problems in a team. They can divide the tasks among themselves, discuss partial solutions and combine them into an overall solution and present the result together. While working in plenary sessions, students follow the explanations of their fellow students, offer constructive criticism and defend their position.
2.2.2 Independence
Students can independently analyze accounting problems and develop solutions. They independently find the necessary sources, evaluate them and derive possible solutions.
Contents
Teaching methods
Participation requirements
Content: good - very good basic knowledge of accounting according to HGB and IFRS
Forms of examination
- Semester-accompanying partial performance (50 %)
- Exam (50 %) (60 minutes)
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Coenenberg, Adolf G. / Haller, Axel / Schultze, Wolfgang: Jahresabschluss und Jahresabschlussanalyse, Schäffer-Poeschel Verlag
Pellens, Bernhard / Fülbier, Rolf Uwe / Gassen, Joachim: Internationale Rechnungslegung, Schäffer-Poeschel Verlag
Heuser, Paul J. / Theile, Carsten: IFRS-Handbuch, Verlag Dr. Otto Schmidt KG
HGB-Kommentare
IFRS-Kommentare
Fachzeitschriftenbeiträge
Computational Finance- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
954010
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
The objective of this course is to equip students with modelling skills in the area of finance using a computer spread sheet and performing complex tasks in visual basic programming codes. Upon completion of this course, students will be able to:
- Understand, calibrate, and estimate alternative statistical models of equity risk, exchange rate risk, interest rate risk, commodity price risk, and operational risk;
- Extend the models to evaluate the risk of derivative securities;
- Critique and recognize the strengths and weaknesses of various risk measures, such as value at risk and expected shortfall, and be able to recommend the appropriate uses of each;
- Provide a detailed description of the meaning and interpretation of the output from these models using the terminology and concepts of mathematical risk management;
- Be able to make and evaluate recommendations related to a firm's interest rate, equity and credit risk management programs;
- Sincerely and consistently values and demonstrates respect for the opinions of others, even when one is not in agreement with those opinions, and
- Develop a capacity for critical thinking, and participate in the methods of discovery and problem-solving.
The student should know
- the specialized problem-solving skills required in research in order to develop new knowledge and procedures and to integrate knowledge from different fields,
- detect and identify risk by applying creativity techniques,
- use techniques to analyze compound risks (e.g. Monte Carlo simulation) and
- apply sophisticated quantitative tools for data analysis in different economic settings
2.2.1 Social Competencies
The student can
- lead and coordinate teams in a results-oriented fashion,
- present and prudently defend team results in a complex and demanding environment, and
- handle complexities while working in international teams.
The Students can
- manage and transform work or study contexts that are complex, unpredictable and require new strategic approaches,
- reflect operational challenges of a company in the background of social values,
- the interplay between economic regulation and institutional framework and the strategic outline of a company and is able to derive an own mind on it,
- work out independent projects and ideas and can do what is necessary to carry out a sustainable management initiative.
Contents
This course will introduce several risk management models designed to allow risk managers to measure and manage each source of risk. Emphasis will be placed on developing "hands-on" experience which includes the calibration of models and discussion of the data issues faced in the application of these models. Students will be assigned three projects/case studies over the term of the course. Topics include
- Applying time value of money concepts in Excel to solve more complex present value problems by means of spread sheet functions.
- Fixed income analytics to implement basic bond yield calculations in Excel.
- Interpretation of selected advanced concepts in term structure of interest modeling.
- Models in portfolio theory and statistics.
- Spread sheet structuring and handling to apply Excel/VBA based methods to prepare raw data for further analysis.
- Basic VBA Programing concepts for interactive models in finance and insurance.
Teaching methods
Participation requirements
Knowledge and Competencies: -
Forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
This course is very challenging, both conceptually and technically. You should expect to spend a good deal of time mastering the material.
Literatur:
Benninga, S., Financial Modeling, Cambridge (MIT Press).
Aichinger, M.; Binder, A., A Workout in Computational Finance (with Mathematica), Wiley Finance.
Stojanovic, S., Computational Financial Mathematics using Mathematica, Optimal Trading in Stocks and Options, Birkhäuser.
Wilmott, P., Paul Wilmott on Quantitative Finance, John Wiley & Sons.
Corporate Governance- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
954005
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1 Professional competence
They are familiar with the German corporate constitution in terms of the business management framework and its economic implications. On this basis, students can classify and analyze complex entrepreneurial decisions with regard to the motives of those involved. They develop an understanding of the various factors influencing a decision and are able to assess these both from the perspective of the company and from the perspective of those directly affected. They are familiar with and can assess the influence of social developments on the legal framework of the corporate constitution in a first step as well as the action-relevant effects at company level.
They are familiar with the task, competence and responsibility of the bodies of a corporation (in particular a stock corporation) and the resulting scope for action for the actors. On this basis, students can also assess complex decision-making situations and describe their consequences. They can independently evaluate the options for action associated with entrepreneurial decisions with regard to legal, business and ethical criteria and develop different options for action on this basis.
2.1.1 Knowledge
Students understand the Anglo-Saxon concept of corporate governance with regard to the requirements it places on companies. They know the history of the associated discussion about "good" corporate management and monitoring and can derive the implications of the shareholder value approach and the stakeholder value approach.
They are familiar with basic economic approaches to explaining corporate governance, such as the principal-agent theory. They are familiar with the legal foundations of corporate governance in Germany. They will be able to differentiate between the German corporate constitution and its specifics in the international environment. They are familiar with the dual system of management board and supervisory board and the resulting special fields of action. Students will be able to interpret the respective interests of the actors involved in a contextualized manner and assess their significance for corporate policy and strategy, also using case studies.
They are aware of the specific information requirements of the supervisory board based on its monitoring mandate. They will be able to differentiate between the importance of internal and external accounting in satisfying its information requirements and identify the requirements for the functional areas of a company. The importance of the validity of information is understood and the requirements for the design in practice can be determined.
Students understand the lines of development of corporate governance and can classify current legislative projects in terms of their practical relevance. On the basis of current socio-political discussions, they can explain the implications for corporate governance and formulate proposals for their consideration within the framework of the corporate constitution.
2.1.2 Skills
Students are able to identify business management requirements on the basis of comprehensive legal principles. They can describe the intention of changes in the law and assess the implications for practice. They are able to transfer economic concepts (of the new institutional economics) to business management problems and assess the advantages and disadvantages of such an approach.
Students develop an understanding of the motivation of individuals as decision-makers in an organization and can draw conclusions for strategic and operational decisions. Already known business management concepts can be subjected to a differentiated assessment with regard to legal requirements, as a result of which, on the one hand, action requirements and, on the other hand, potential legal consequences for the acting actors can be derived. The current socio-political discussions within the field of corporate governance can be critically monitored and assessed with regard to their direction of development, so that requirements can be derived for the material information level of decision-makers in the entrepreneurial context.
2.2 Personal competencies
2.2.1 Social competence
Students develop a feel for the different motivations of the actors involved. They learn to critically reflect on their own understanding of the role of the company - and thus of the people acting in it - and to classify it in the context of corporate governance. In this respect, students also recognize the importance of (their own) social action and have the opportunity to reflect on their own behavior. They discuss their ideas regarding the responsibility of decision-makers and are able to assess the personal and social consequences of actions, both in relation to legal consequences and beyond.
2.2.2 Self-employment
Students will be able to independently analyze the economic effects of legal changes in the area of corporate constitution. They can examine the relevance of changes in the legal situation without the support of third parties and classify problems in practice on the basis of the legal situation. They are familiar with the independent use of various sources for a differentiated assessment of the implications for practice.
Contents
Key point structure:
- Definition and history of corporate governance
- Legal foundations of corporate governance
- Explanatory contribution of new institutional economics
- Corporate governance mechanisms in theory and practice
- Legal and economic requirements for the supervisory board
- Requirements for the company's information system
- Current problems of corporate governance in practice
Teaching methods
Participation requirements
Content: none
Forms of examination
- Semester-accompanying partial performance (50%)
- Exam (50%) (60 minutes)
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Diederichs, Marc; Kißler, Martin: Aufsichtsratreporting. Corporate Governance, Compliance und Controlling, München 2008.
Grundei, Jens: Zaumseil, Peter (Hrsg.): Der Aufsichtsrat im System der Corporate Governance. Betriebswirtschaftliche und juristische Perspektive, Heidelberg 2012.
Freidank, Carl-Christian: Unternehmensüberwachung. Die Grundlagen betriebswirtschaftlicher Kontrolle, Prüfung und Aufsicht, München 2012.
Hommelhoff, Peter; Hopt, Klaus J.; von Werder, Axel (Hrsg.): Handbuch Corporate Governance. Leitung börsennotierter Unternehmen in der Rechts- und Wirtschaftspraxis, 2. Auflage, Stuttgart 2009.
Kißler, Martin: Informationsmanagement für den Aufsichtsrat im Konzern. Controlling und Corporate Governance gestützte Gestaltungsempfehlungen für eine Management-Holding, Frankfurt am Main 2011.
Lutter, Marcus (Hrsg.): Holding-Handbuch, 5. Auflage, Köln 2015.
Kremer, Thomas; Bachmann, Gregor; Lutter, Marcus; von Werder, Axel: Deutscher Corporate Governance Kodex: Kodex-Kommentar, 6. Auflage, München 2016.
Tricker, Bob: Corporate Governance. Principles, Policies and Practices, 4. Auflage, Oxford 2019.
Wagenhof, Alfred: Controlling und Corporate Governance-Anforderungen, Berlin 2009.
Entrepreneurship und Mergers & Acquisitions- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
954002
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1 Professional competence
2.1.1 Knowledge
Students understand the startup cycle and the main startup management techniques used. The focus is on tools for digital business models. Possible topics include:
- Designing, developing and verifying business models/products
- Lean startup management techniques
- Marketing products digitally
- Scaling business internationally
- Funding growth
- Business planning
- Valuing start-ups
- Achieving an exit for founders and investors
- Founding and managing a corporation
In addition, students have knowledge of how to successfully plan and implement M&A transactions. The focus is on skills in the following subject areas:
2.1.2 Skills
Students can apply essential startup management techniques to real business ideas and present their results for discussion in a feedback-oriented manner.
Students are able to actively participate in M&A projects and can help shape them professionally. This ranges from the well-founded preparation of an M&A deal to its implementation and post-merger management.
2.2 Personal skills
2.2.1 Social competence
Students acquire the ability to coordinate and work on tasks in teams. This takes place with changing responsibilities and workloads of the team members, so that students learn to manage and motivate a team over a period of time.
2.2.2 Independence
Students can independently apply theory to practical problems. They can assume individual responsibility and thus team leadership within the framework of subtasks of a team.
Contents
- Value proposition design for the development of business ideas
- Business model canvas for modeling business models
- Lean startup management to accelerate product development, e.g. through the build-measure-learn cycle and minimum viable products
- Digital marketing, e.g. Google AdWords campaigns for the efficient use of a tight marketing budget
- Start-up financing, e.g. crowdfunding campaigns for financing and branding
- Internationalization of the business, e.g. subsidiaries, logistics/customs, web strategy
- Business plan with focus on cash flow planning
- Valuation of start-ups using various valuation methods, in particular the venture capital method Technical aspects of valuation such as pre- vs. post-money or dilution
- Preparation of an exit of the founders/investors via takeover by another company
- GmbH formation, e.g. GmbH contracts, formation process, duties of managing directors
- Understanding the term and forms of M&A
- Framework conditions and regulatory environment
- Main players in an M&A transaction and their motivations
- Organization and process of an M&A deal with its classic milestones (decision in principle, identification and selection of potential targets/prospective buyers, establishing contact, confidentiality agreement, teaser, information memorandum, non-binding purchase offers, due diligence, binding purchase offers, contract negotiations and signing, closing and post-merger management
- Basic knowledge of the valuation of business units, due diligence and the company purchase agreement as well as post-merger management
- Success factors of an M&A transaction
Teaching methods
Participation requirements
Content: -
Forms of examination
0 to 100 % group work (homework/presentations)
0 to 20 % oral participation for blocked course dates
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Alemany, L.: Valuation of New Ventures, in Alemany, L.; Andreoli, J. (Hersg.): Entrepreneurial Finance, Cambridge 2018
Ballwieser, W.; Hachmeister, D.: Unternehmensbewertung: Prozess, Methoden und Probleme, Stuttgart 2013
Blank, S.; The Four Steps to the Epiphany, Pescadero CA 2013
Dittrich, F.: Bestimmungsfaktoren und Methoden der Pre-money-valuation innovativer Startups, in Faix, A.; Büchler J.-P. (Hersg.): Innovationsstrategien, Berlin 2018
Engelen, A.; Engelen, A.; Bachmann, J.-T.: Corporate Entrepreneurship, Wiesbaden 2015
Kollmann, T.: E-Entrepreneurship: Grundlagen der Unternehmensgründung in der Digitalen Wirtschaft, 6. Auflage, Wiesbaden 2016
Osterwalder, A.; Pigneur, Y.: Business Model Generation, Hoboken 2010
Osterwalder, A.; Pigneur, Y.: Value Proposition Design, Hoboken 2014
Ries, E.; The Lean Startup, London 2011
Rosenboom, P.: Harvesting: the Exit, in Alemany, L.; Andreoli, J. (Hersg.): Entrepreneurial Finance, Cambridge 2018
Literatur Mergers & Acquisitions:
Ballwieser: W. Unternehmensbewertung - Prozeß, Methoden und Probleme, 5. Auflage, Stuttgart, 2016
Berens, W.; Brauner, H. U. (Hrsg.): Due Diligence bei Unternehmensakquisitionen, 7. Auflage, Stuttgart 2013
Drukarczyk, J.; Schüler, A.: Unternehmensbewertung; 7. Auflage, München 2016
Hölters, W. (Hrsg.): Handbuch des Unternehmens- und Beteiligungskaufs, 6. Auflage, Köln 2005
Feix, T.; Büchler, J.-P., Straub, T.: Mergers & Acquisitions – Erfolgsfaktoren für mittelständische Unternehmen, Freiburg 2017
Hofnagel, J. R.: Die Suche nach dem „passenden“ Finanzinvestor – Empfehlungen für die beratende Begleitung von Unternehmensverkäufen, in: BeraterBrief Betriebswirtschaft (BBB), Heft Nr. 3, 2007, S.75-82
Hofnagel, Johannes R.: Verkauf von Unternehmensteilen bzw. des Unternehmens als Sanierungsoption, in: Haarmeyer, Hans (Hrsg.), Sanierungs- und Insolvenz-management II – Grundlagen und Methoden, 2009, S. 309-396.
Jansen, S. A.: Mergers & Acquisitions – Unternehmensakquisitionen und –kooperationen, 6. Auflage, Wiesbaden 2016
Lucks, K.: M&A-Projekte erfolgreich führen – Instrumente und Best Practices, Stuttgart 2013
Peemöller, V. H. (Hrsg.): Praxishandbuch der Unternehmensbewertung, 6. Auflage, Herne/Berlin 2015
Picot, G. (Hrsg.): Handbuch Mergers & Acquisitions – Planung, Durchführung, Integration, 5. Auflage, Stuttgart 2012
Wirtz, B. W.: Mergers & Acquisitions Management – Strategie und Organisation von Unternehmenszusammenschlüssen, 3. Auflage, Wiesbaden 2014
Finanzmarktregulierung- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
954006
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
The students know
- the sectoral regulatory approach of the European financial services industry
- the specific regulation of Packaged Retail Investment and Insurance-based Products (PRIIPs)
- the structure of German financial services distribution, in particular the legal requirements and economic significance
- the transposition of the Insurance Mediation Directive (IDD) and the Market in Financial Instruments Directive (MiFID) into German law
- The economic consequences of implementation for financial service providers, financial service customers, financial service intermediaries and supervisory authorities
- Requirements and challenges of risk management in financial services sales .
The students can
- classify forms of financial services companies and name legal requirements for market entry and market behavior
- explain the development, counseling and distribution of financial services on the basis of economic theories
- explain consumer protection interests in the development, counseling and distribution of financial services
- explain the need to adapt the financial services market to regulatory requirements on the basis of economic theories and empirical findings and describe the consequences for financial service providers, financial service customers, financial service intermediaries and supervisory authorities .
2.2.1 Social competence
- The students learn
- to develop application references for the theoretical learning material in teams using exercises
- to give presentations to the group
- to critically discuss current media texts relating to the topic of financial market regulation in an appreciative manner and to tolerate differing opinions .
The students can
- read legal texts and understand their significance for financial service providers, financial service clients, financial service intermediaries and supervisory authorities
- independently derive approaches from economic theories to derive economic consequences of regulation for the players
- identify, analyze and describe empirical findings using statistical methods .
Contents
- Structure of European regulation of the financial services market
- In-depth application example: The regulation of insurance distribution
- Implementation of the IDD and MiFID directives into German law
- Economic consequences for financial service providers, financial service customers, financial service intermediaries and supervisory authorities based on economic theories and empirical findings
- Outlook for further regulatory steps
- International comparison with the implementation of and experiences with financial market regulation in country markets such as the United Kingdom .
Teaching methods
Participation requirements
Content: none
Forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Akerlof, George: The market of „Lemons“: Quality Uncertainty and the Market Mechanism, in: The Quarterly Journal of Economics, Nr. 3 1970, S. 488-500
Beck, Hanno: Behavioral Economics, Wiesbaden 2014
Beckmann/Matusche-Beckmann: Versicherungsrechts-Handbuch, 3. Aufl. München 2015
Beenken, Matthias: Versicherungsvertrieb, Absatz von Versicherungen durch Versicherer und Vermittler in Theorie und Praxis, Karlsruhe 2017
Beenken, Matthias; Kruse, Markus; Löffler, Juliane; Sütterle, Hannah; Wende, Sabine: Einfluss der Vermittlerregulierung auf die private Altersvorsorge der deutschen Bevölkerung, Studie, hrsg. von Assekurata Solutions, Köln 2016
Beenken, Matthias; Radtke, Michael: Betriebswirtschaftliche Konsequenzen eines Systemwechsels in der Vergütung von Versicherungsvermittlern, Bonn/Dortmund 2013
Beenken, Matthias; Radtke, Michael: Provisionen und Courtagen – was die Versicherer ihren Vermittlern zahlen, Ahrensburg 2015 (2017 in Vorbereitung)
Beenken, Matthias, Sandkühler, Hans-Ludger: Das neue Versicherungsvermittlergesetz, Planegg/München 2007
Beenken, Matthias, Sandkühler, Hans-Ludger: Die neue Versicherungsvertriebsrichtlinie, München 2017 (in Vorbereitung)
Cummins, J, David, Doherty, Neil A.: The Economics of Insurance Intermediaries, Working Paper, 2008
Freiling, Jörg, Reckenfelderbäumer, Martin: Markt und Unternehmung, 3. Aufl., Wiesbaden 2010
Höckmayr, Gergana: Wandel der Beratungsqualität auf dem Versicherungsvermittlungsmarkt: Eine ökonomische Analyse der Veränderungen aufgrund der Anforderungen der EU-Vermittlerrichtlinie, Karlsruhe 2012
Kahnemann, Daniel, Tversky, Amos: Choices, Values and Frames, 10. Aufl., New York 2009
Karau, Torsten: Qualitätsmessung in der Versicherungsvermittlung: Eine empirische Untersuchung der Unterschiede zwischen Provisions- und Honorarvergütung in der Altersvorsorge, Lohmar/Köln 2015
Langheid/Rixecker: VVG, 5. Aufl., München 2016
Sonnenberg, Marcus: Vertriebskostentransparenz bei Versicherungsprodukten, Karlsruhe 2013
Temporale, Ralf: Europäische Finanzmarktregulierung: Handbuch zu EMIR, MiFID II / MiFIR, PRIIPs, MAD / MAR, OTC-Derivaten und Hochfrequenzhandel, Stuttgart 2015
International Controlling- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
954003
Language(s)
en
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
The students know the controlling instruments and are able to apply this to international situations, taking into account cross-border and country-specific conditions
2.1.2 Skills
Students know the dimensions of international controlling and are able to select and apply appropriate controlling-instruments for specific application situations in the international context as well as developing situation-specific models.
They are able to assess opportunities and risks generated by a cross-border business action and capture the costs adequately.
The students are able to structure an international investment controlling, dominate the transfer pricing issues and are familiar with the assessment of international M&A transactios.
The Students can/know/apply
- Design, application and development of controlling instruments in an international context
- the full coverage of occurring problems in the international context and assessment of their financial impact
- the penetration of relevant individual topics (e.g. transfer pricing, trade barriers, currency risks) and placement of these topics in the overall context of controlling
- Design, planning and management of M&A-transactions and projects
2.2.1 Social Competencies
Particularly in the international context it is important to recognize the difficulties that are associated with it, to do business in a different cultural context. Controllers are used to focus and concentrate on numbers, there is a risk that problems which arise from cultural differences, are not adequately planned, recorded, measured and communicated. In this case it is up to the controller to acquire skills and to develop a high degree of sensitivity to such issues. Social competence plays a greater role in an international context than in purely national business operations. The transfer of such skills is a cross-cutting issue that pervades almost all topics of this lecture.
2.2.2 Autonomy
The penetration of complex correlations is expected, which arise from international businesses and international business locations. The students should be able to independently make a selection, adaptation and development of controlling instruments regarding international transactions. The focus is on the development of a comprehensive knowledge base on international activities and their detection in controlling structures, primarily application-oriented, but also with research implications.
In an international context Controlling is often carried out with a reduction in complexity, which leads to an inadequate decision making.
Therefore the students
- need to identify all relevant aspects and need to integrate them into decision models
- need to recognize when decision models require an adaptation and how to implement them. This requires a high degree of autonomy, as international circumstances often are very specific and are often changing rapidly. Here it is important to learn techniques and to develop them in order to respond appropriately and in time to such situations.
Contents
- the business environment in international markets
- dimensions and instruments of international controlling
- acquisition of country-specific opportunities and risks (including risk management and corporate governance in an international perspective)
- Calculation of market entry: export / import, foreign direct investment, acquisitions
- Acquisition of tariff and non-tariff trade barriers (tariffs etc.)
- Dealing with currency risks
- Acquisition of transportation costs, communication and information costs
- International investment controlling and reporting structures
- International accounting standards (international transfer pricing)
- International mergers & acquisitions transactions
- Calculation and management of international projects
Teaching methods
Participation requirements
Knowledge and Competencies: none
Forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
3 and 4 semester course of studies: 6,7 % (6/60) x 67
Literature
Becker, Wolfgang / Ulrich, Patrick / Hilmer, Christian: Internationales Controlling, Bamberg 2013
Berens, Wolfgang / Born, Axel, / Hoffjan, Andreas (Hrsg.): Controlling international tätiger Unternehmen, Stuttgart 2000
Cravens, K. S. (1997): Examining the role of transfer pricing as a strategy for multinational firms, in: International Business Review, Vol. 6, 2, S. 127-145
Hamilton, R. D. / Kashlak, R.J. (1999): National Influences on Multinational Corporation Control System Selection, in: Management International Review, Vol. 39, 2, S. 167-189.
Hoffjan, Andreas: Internationales Controlling, Stuttgart 2009
Internationales Steuerrecht und Wirtschaftsprüfung II - WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
954014
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
Expert knowledge
Knowledge
- Understand the principles and systems of international taxation
- know the basic structure and functioning of the DTA based on the OCED Model Convention
- have comprehensive knowledge of the various forms of cross-border business activities, can assess the significance of international transfer pricing for multinational groups of companies and tax administrations
- understand the arm's length principle, the concept of comparability and transfer pricing methods
- Know the purpose and content of transfer pricing documentation
- analyze the application of double taxation treaties in international tax planning
- assess the benefits and objectives of transfer pricing,
- to examine whether and to what extent transaction adjustments can be made in the context of transfer pricing, to take a critical look at transfer pricing agreements,to prepare transfer pricing documentation.
Social competence
- work independently in groups to solve case studies, promote their teamwork and communication skills,
- discuss the challenges of transfer pricing before the course
- work independently through the relevant literature to identify transfer pricing rules, practices and approaches, apply the acquired knowledge to new double taxation issues.
In a world characterized by uncertainty and accounting scandals, reliable information is crucial for making informed decisions. Auditing supports reliable financial reporting and thus promotes confidence in the global market economy.
This course provides students with the in-depth knowledge they need for their professional careers - regardless of whether or not they go on to work in auditing themselves. Students will learn why an understanding of digitized auditing is valuable for many roles in accounting, controlling and management.
After successfully completing the course, students will be able to ...
Knowledge and understanding
- (LO1) structure essential processes in companies from a process-oriented perspective .
- (EU2) explain key terms and challenges of auditing digital financial reporting. (LO3) explain key concepts of audit data analytics.
- (EU4) Select and perform appropriate and sufficient measures for selected parts of the audit process based on a risk-oriented approach and assess when conclusions can be drawn from the results and findings obtained and in which cases matters should be referred for clarification or decision in the audit team.
- (EU5) Create process mining analyses using Celonis software and prepare them in a way that is appropriate for the target group
- (EU6) Navigate existing process mining analyses with Celonis software, identify actual processes, compare them with expectations and evaluate and document findings.
- (LO7) document and communicate work results individually and collectively in a manner appropriate to the target group .
- (LO8) Critically analyze the impact of digital transformation on the auditing profession and evaluate it in terms of opportunities, risks and professional responsibility (LO9) reflect on the significance of the professional conduct requirements "Critical attitude" and "Dutiful judgment" and justifiably classify professional ethical issues in connection with integrity, objectivity, professional competence and due care, confidentiality and professional conduct.
Contents
Due to the globalization of Business Studies, international taxation is becoming increasingly important for companies and governments. In addition, the pricing of goods and services within a multidivisional organization, particularly with regard to cross-border transactions, has become one of the most contentious areas of international tax law.
Topics may include:
- The international tax environment
- The OECD Model Tax Convention 2017
- Taxation of cross-border business activities
- Transfer pricing methods and the arm's length principle
- Adjustments to transfer prices
- Avoidance and settlement of transfer pricing disputes
- Documentation of transfer prices
- Understanding business processes
- Internal control system (ICS)
- Audit procedures
- Documentation and reporting
- Audit data analytics (with text mining, sentiment analysis and process mining)
- Digital transformation of auditing
- Professional conduct requirements and ethical issues
Teaching methods
Participation requirements
Content: Basic knowledge of taxes, especially corporate income tax; basic knowledge of accounting and auditing
Forms of examination
- Exam (100%, of which 50% international tax law and 50% auditing II), 90 min. duration
- Exam (95%, of which 50% international tax law and 45% auditing II), 90 minutes
- Semester-accompanying and end-of-semester reflection as ILIAS survey (5%, on Auditing II), up to 2x 15 minutes
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
a. Internationales Steuerrecht
Holmes: International Tax Policy and Double Tax Treaties
Feinschreiber: Transfer pricing handbook
Navarro: Transactional adjustment in transfer pricing
Klassen et al.: Transfer Pricing: Strategies, Practices, and Tax Minimization?, in: Contemporary Accounting Research, Vol. 34, pp. 455-493.
b. Wirtschaftsprüfung
Graumann, M. (2023). Wirtschaftliches Prüfungswesen (7. Aufl.). NWB Verlag.
Maksymov, E. (2022). The craft of auditing for accounting undergraduates: The stuff you actually need to learn before graduating (1. Aufl.). Cognella.
Marten, K.-U., Quick, R., & Ruhnke, K. (2020). Wirtschaftsprüfung (6. Aufl.). Schäffer-Poeschel.
Options, futures & other derivatives- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
954001
Language(s)
en
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
The objective of this course is to provide the student with the necessary skills to value and to employ options, futures, and related financial contracts. Upon completion of this course, students will be able to
- require extensive knowledge about the types and the pricing of derivative securities including options, futures and forward contracts and swaps among other securities and recall how new knowledge is created in the field of derivatives,
- recognize the institutional characteristics of derivatives exchanges, OTC markets and market clearing mechanisms.
- examine the pricing of derivatives (emphasis will be given to the Black-Scholes model and the binomial option-pricing model),
- apply and adapt accumulated knowledge of the major corporate risk management techniques,
- use derivatives to manage financial risks and evaluate the robustness of a hedged or netted position,
- sincerely and consistently values and demonstrates respect for the opinions of others, even when one is not in agreement with those opinions, and
- develop a capacity for critical thinking, and participate in the methods of discovery and problem solving.
The student should know
- the specialized problem-solving skills required in research in order to develop new knowledge and procedures and to integrate knowledge from different fields,
- detect and identify risk by applying creativity techniques,
- use techniques to analyze compound risks (e.g. Monte Carlo simulation) and
- apply sophisticated quantitative tools for data analysis in different economic settings
2.2.1 Social Competencies
The student can
- lead and coordinate teams in a results-oriented fashion,
- present and prudently defend team results in a complex and demanding environment, and
- handle complexities while working in international teams.
The Students can
- manage and transform work or study contexts that are complex, unpredictable and require new strategic approaches,
- reflect operational challenges of a company in the background of social values,
- the interplay between economic regulation and institutional framework and the strategic outline of a company and is able to derive an own mind on it,
- work out independent projects and ideas and can do what is necessary to carry out a sustainable management initiative.
Contents
In order to provide a useful treatment of these topics in an environment that is changing rather rapidly, it is necessary to stress the fundamentals and to study some important applications. The topics that will be covered are
- futures markets and their applications, including the pricing and use of futures contracts on stock indices, on commodities, and treasury instruments; options markets and their applications, covering the valuation and use of options, including a discussion of the empirical evidence and dynamic asset allocation strategies;
- swaps, complex derivatives, structured securities including several cases, and
I expect that a third of the course will be devoted to options, slightly less than a third to futures, and the remainder to more complex derivatives. Several cases will illustrate how the concepts discussed have been put into practice.
Teaching methods
Participation requirements
Knowledge and Competencies: -
Forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
3 and 4 semester course of studies: 6,7 % (6/60) x 67
Literature
This course is very challenging, both conceptually and technically. You should expect to spend a good deal of time mastering the material.
Literatur:
Hull, J. C., Options, Futures, and Other Derivatives, Prentice Hall.
Hull, J. C.; Hoffmann, H., Optionen, Futures und andere Derivate, Pearson Studium, deutsche Übersetzung.
Hull, J. C., Student Solutions Manual for Options, Futures, and Other Derivatives for Options, Futures, and Other Derivatives with Derivagem CD, Prentice Hall, oderHull, J. C.; Mader, W.; Wenger, M., Lösungsbuch Optionen, Futures und andere Derivate, Pearson Studium.
Sundaram, R. K.; Das, S. R., Derivatives – Principles and Practice, International Edition, New York (McGraw Hill).
Projektorientiertes Studium- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
954099
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
The project-oriented study program serves to work on a comprehensive problem with reference to a typical project issue. The aim is to deepen the ability to apply the content learned during the course and to use it efficiently to solve practical problems and to evaluate the results achieved.
2.2 Personal competencies
2.2.1 Social competence
Practical experience is accompanied by intensive collaboration in teams. The groups are largely responsible for their team and learn to work together on complex problems in a project-oriented manner
.
2.2.2 Independence
Students are able to work on project topics under supervision with increasing independence and autonomy.
Contents
Teaching methods
Participation requirements
Content: To be specified by the lecturer in each case
Forms of examination
- Semester-accompanying partial performance
- Exam
- Presentation
- Combination of the listed forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Quantitative Instruments in Insurance & Risk Management- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
954007
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
The main objective is for students to acquire comprehensive knowledge and an in-depth understanding of the basic principles and quantitative instruments of insurance and risk management
. The initial focus is on the methodological foundations of modern insurance and risk management and the underlying theoretical model approaches.
2.1.2 Skillsn
Students should become familiar with the basic methods for quantifying and measuring risks as a central approach to risk management as well as the basic techniques of risk diversification, mitigation and transfer in the context of insurance. This will enable them to develop suitable solutions for practical applications.
The students
- will be able to confidently apply the instruments of corporate risk management and place them in the overall context of the company are able to work on selected problems methodically and correctly using subject-specific procedures and find a well-founded solution,can interpret mathematical results and analyze their significance,can relate individual techniques to a professional environment.
2.2.1 Social competence
The students
- develop, communicate and create a problem solution for operational risk management
- develop a feeling for the different actors involved in risk management
- learn to critically reflect on decisions
Students are able to
- perceive the appropriate quantitative networking of risk management with systems of performance measurement and evaluation commonly used in the company .
- review the relevance of changes in risk management without the support of third parties and classify problems in practice
- discuss the basic principles and various methods with a degree of complexity appropriate to the respective discussion situation .
Contents
.
Since financial and actuarial approaches are increasingly converging in financial risk management, it is particularly important to understand and master the basic systematics, modes of action and modeling techniques of different types of risks. For an insurance company, the assumption and handling of risks represents the actual economic basis for value creation, taking into account the regulatory framework, which must be optimized using suitable quantitative instruments. However, banks and increasingly other players in the financial services sector also manage risks on the basis of such an approach
The course develops concepts and theoretical model approaches for different types of risks, in particular underwriting risks, with a focus on measurement and integrated management. The emphasis is on the implementation of the various models and risk management techniques to applications of insurance industry products. The following key topics are covered
- Definition, determinants and forms of risk
- Instruments for quantifying and measuring risks
- Fundamentals, methods and instruments of risk management
- Risk transfer by an insurance company
- Methods and procedures for assessing and pricing insurance risks
- Collective balancing/portfolio management
- Economic capital and risk capital
Teaching methods
Participation requirements
Content: none
Forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Farny, Dieter: Versicherungsbetriebslehre, Karlsruhe 2011
Heilmann,W-R;Schröter,K.J.: Grundbegriffe der Risikotheorie, Karlsruhe 2014
Klugman,S., Panjer,H., Willmot,G.: Loss Models, From Data to Decicions, New Jersey, 2004
McNeil,A.,Frey,R.,Embrechts,P.: Quantitative Risk Management, Princeton 2005
Nguyen, Tristan: Handbuch der wert- und risikoorientierten Steuerung von Versicherungsunternehmen, Karlsruhe, 2008
Radtke, Michael: Grundlagen der Kalkulation von Versicherungsprodukten in der Schaden-und Unfallversicherung, Karlsruhe, 2008
Romeike, F., Müller-Reichert, M.: Risikomanagement im Versicherungsunternehmen, Winheim, 2005
Schradin, Heinrich, R.: Erfolgsorientiertes Versicherungsmanagement, Karlsruhe, 1994
Schmidt. Klaus D: Versicherungsmathematik, Berlin 2009
Wagner, Fred: Risk Management im Erstversicherungsunternehmen, Karlsruhe 2000
Risk Modelling Workshop- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
954004
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
The objective of this course is to equip students with modeling skills in the area of risk and insurance using a computer spreadsheet. Upon completion of this course, students will be able to:
- understand, calibrate, and estimate alternative statistical models of different types insurance risk
- understand, critique and recognize the strengths and weaknesses of various risk measures, such as value at risk and expected shortfall, and be able to apply and recommend the appropriate uses of each in practical applications;
- provide a detailed description of the meaning and interpretation of the output from these models using the terminology and concepts of mathematical risk management;
Upon completion of this course, students will be able to
- to make and evaluate recommendations related to a firm's risk enterprise model and the corresponding risk management program;
- sincerely and consistently value and demonstrate respect for the opinions of others, even when one is not in agreement with those opinions,
- develop a capacity for critical thinking, recognize limitations of models
- participate in the methods of discovery and problem solving.
2.2 Personal Competencies
2.2.1 Social Competencies
Another goal of this course is to educate the students in terms of their social competencies. By solving case studies in groups, upon completion of the course students will be able to
- lead and coordinate teams in a professional and results-oriented fashion
- identify complexities while working in international teams and to address them in a professional and solution-oriented manner
- present and defend team results in a complex and demanding environment apply leadership skills
2.2.2 Autonomy
Regarding the autonomy of the students, the objective of this course is to grow students regarding their self-reliance / responsibility, reflexivity, and learning competence. Upon completion of this course, students can/know/apply
- manage and transform work or study contexts that are complex, unpredictable and require new strategic approaches,
- reflect operational challenges of a company in the background of social values, e.g. outsourcing of a company's financial tasks
- the interplay between economic regulation and institutional framework and the strategic outline of a company and is able to derive an own mind on it,
- work out independent projects and ideas and can do what is necessary to carry out a sustainable financial management initiative, including overviewing the interdependencies with other departments (e.g. tax and accounting departments) of the organization.
Contents
Topics include
- Constructing statistics and empirical models using complete or incomplete data
- Parametric models in finance and insurance in portfolio and risk theory
- Estimation techniques
- Simulation modeling
- Spreadsheet structuring and handling to apply Excel/VBA based methods to prepare raw data for further analysis.
- Implementing and running models on spreadsheets using different techniques, i.e. basic VBA programming concepts
Teaching methods
Participation requirements
Knowledge and Competencies: none
Forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Charnes, J.: Financial Modeling with Crystal Ball and Excel, Wiley, 2007
Cottin, C. Döhler, S: Risikoanalyse Modellierung, Beurteilung und Management von Risiken mit Praxisbeispielen, Wiesbaden, 2009
DAV-Arbeitsgruppe Interne Risikomodelle: Interne Risikomodelle in der Schaden-, Unfallversicherung , DGVFM, Deutsche Gesellschaft für Versicherungs- und Finanzmathematik e.V., Karlsruhe 2008
Hartung, T.: Eigenkapitalregulierung bei Versicherungsunternehmen, Karlsruhe, 2007
Heilmann, W.-R.: Grundbegriffe der Risikotheorie, Karlsruhe, 1987
Klugmann, S., Panjer, H., Willmot, G.: Loss Models From Data to Decisions, Wiley, 2004
McNeil, A., Frey, R., Embrechts, P.: Quantitative Risk Management, Princeton, 2005
Nguyen, T.: Handbuch der Wert- und risikoorientierten Steuerung von Versicherungsunternehmen, Karlsruhe, 2008
Oracle: Crystal Ball User's Guide, 11.1.2, 2010
Radtke, M.; Grundlagen der Risikotheorie, Skript, 2008
Radtke, M.: Grundlagen der Kalkulation von Versicherungsprodukten in der Schaden- und Unfallversicherung, Karlsruhe, 2008
Radtke, R., Schmidt, K.D.: Handbuch zur Schadenreservierung, Karlsruhe, 2004
Schmidt, K. D.: Versicherungsmathematik, Berlin, 2002
Tillmann, M.: Risikokapitalbasierte Steuerung in der Schaden- und Unfallversicherung, Frankfurt, 2005
Steuermanagement II (AO und Rechtssprechungsanalyse & steuerliche Rechtsformwahl)- WP
- 4 SWS
- 6 ECTS
- WP
- 4 SWS
- 6 ECTS
Number
954009
Language(s)
de
Duration (semester)
1
Contact time
60 h
Self-study
120 h
Learning outcomes/competences
2.1.1 Knowledge
The students
- know the basics of tax procedural law
- understand the legal significance of judgments in fiscal jurisdiction
- acquire in-depth knowledge of the taxation of partnerships
- understand the determination of profits in partnerships and the effects of different degrees of involvement of surplus and deficit assets on the one hand and the existence of special business assets on the other
The students
- can distinguish between the different levels of fiscal jurisdiction
- are able to analyze tax rulings and classify their significance for the taxation procedure
- are able to make value judgments to differentiate between the taxation of corporations and partnerships, draw comparisons and draw correct conclusions regarding the amount of the tax burden
- are able to calculate and analyze tax burden comparisons
2.2.1 Social competence
The students
- develop team skills that are supported by partner and group work during the lecture
- are able to prudently present and defend their team results in a complex and challenging environment
- practice the acquisition of a fact-based discussion culture
- take responsibility for the collective through the presentation of the results developed in partner and group work
The students can
- reflect on the operational challenges of a company with reference to social values and
- create forecasts and justify their own statements on the tax-optimized choice of legal form
Contents
- Existing force and amendment provisions
- Rights of appeal
- Litigation proceedings
- Discussion and analysis of judgments on various tax topics
Continuing and deepening the module "Tax Management I - Corporate Tax", this module focuses on the taxation of partnerships and the tax-optimized choice of legal form. The following key topics are covered:
Choice of corporate form and tax consequences
- Tax balance sheet of the partnership including supplementary balance sheets and special balance sheets
- Losses of the co-entrepreneurs, in particular the limited partners
- Tax debit accounts
Teaching methods
Participation requirements
Content: Fundamental knowledge of tax law (comparable to the 4 SWS basic lecture "Taxes" in BA BW) and attendance of the module "Tax Management I"
Forms of examination
- Semester-accompanying partial performances (50%)
- 60-minute written exam at the end of the semester (50%)
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Jeweils aktuellste Auflage:
Andrascek-Peter/Braun, Lehrbuch Abgabenordnung, NWB-Verlag
Webel, Abgabenordnung, NWB-Verlag
Niehus/Wilke, Die Besteuerung der Personengesellschaften, Schäffer Poeschel
Hottmann/Kiebele u.a.: Die Personengesellschaft im Steuerrecht, Fleischer
Niehus/Wilke, Die Besteuerung der Kapitalgesellschaften, Schäffer Poeschel
3. Semester of study
Thesis und Kolloquium- PF
- 4 SWS
- 30 ECTS
- PF
- 4 SWS
- 30 ECTS
Number
103
Duration (semester)
1
Contact time
60 h
Self-study
900 h
Learning outcomes/competences
. The thesis can be carried out as an independent, practice-oriented research activity on the basis of the scientific theories covered in the degree program.
Alternatively, the work can also be designed as project work. Existing company contacts, cooperations and student contacts are regularly used to implement practice-oriented research approaches together with companies as part of a Master's thesis. For example, a strategic issue arising from academic discussion or business practice is addressed and systematically developed further as part of the master's thesis.
The thesis serves to sustainably expand the scientific methods and knowledge already acquired during the course. Conceptually, the thesis should generally have both a scientific and practical application context.
Contents
Teaching methods
Participation requirements
Content: none
Forms of examination
Requirements for the awarding of credit points
Applicability of the module (in other degree programs)
Importance of the grade for the final grade
Literature
Gadatsch, A., Masterkurs IT-Controlling, 5. Auflage, Wiesbaden 2015
Gadatsch, A., IT-Controlling für Einsteiger, Praxiserprobte Methoden und Werkzeuge, Wiesbaden 2016
Ergänzende Literatur:
Buchta, D. u. a., Strategisches IT-Management, 3., überarbeitete und erweiterte Auflage, Wiesbaden 2009
Gröner, U., Geschäftsprozessmanagement I, Online-Publikation, o. O. 2008, unter: http://www.shaker.de/de/content/catalogue/index.asp?lang=de&ID=6&category=181Krcmar, H., Informationsmanagement, 6. Aufl., Berlin et al. 2015
Wöhe, G., Döring, U., Betriebswirtschaftslehre, 26. Auflage, München 2016