Business Management
Advanced Corporate & Stakeholder Management
| Semester | 1 |
|---|---|
| Academic year | 1 |
| Course code | BWBM1ACSIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
If organizations (companies) are regarded as means-end constructs, it follows for corporate management that the purpose of an organization is ensured by the appropriate choice of means to the end. The choice of the purpose-oriented resource pool and the combination of resources is supported by didactic tools. This integrated course provides insights into the world of management tools, including management concepts and business management theories. In addition, students acquire sound knowledge in the use of these tools to design, control, and develop organizations in ways that prove successful in challenging management positions within national and international companies. The managerial task of organizational design, control, and development also extends to stakeholder management, by analyzing diverging interests and their micro-politics with a view to cooperative payoffs for all parties involved. Students experience an open, motivating, and collaborative teaching space in which management thinking and action is practiced in creative, critical, and inspiring ways.
Learning Outcomes:
Upon completion of this course students will: - understand the organization construct and the structure and management of organizations through purpose, structures, processes, values and standards; - understand that the success of organizations also depends on stakeholders with their diverging interests and the associated micro-political strategies, the management of which requires insights from behavioral science; - know the nature of business management theories, management concepts, and management tools; - recognize management fads and management myths; - be able to identify tools for solving business problems authentically, based on evidence and according to the situation, assess their consequences, and apply them effectively; and - have developed an understanding of the key business factors that lead to success.
Superior module:
Management & Leadership 1
Module description:
-
Corporate Risk Management
| Semester | 1 |
|---|---|
| Academic year | 1 |
| Course code | BWBM1RMUIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 4 |
| Examination character | immanent |
Lecture content:
Any type of business activity is associated with risk. New risks also arise from changes in framework conditions and increasing complexity and uncertainties, partly caused by digital and sustained transformation. The course addresses the types of risks to which a company is exposed and how to deal with them. The following aspects are covered: - types of risks, including environmental and social risks and risks resulting from digitization; - inclusion of risk management into corporate governance policies; - national and international requirements for corporate risk management; - risk management process and risk management system; - identification and perception of risks; - methods and tools for risk assessment and measurement; and - risk management strategies. The focus of the course is on the risk management system of companies. Accordingly, the interplay and interdependencies between different risks are analyzed and taken into account in developing recommendations for action on risk management. The role and contribution of risk management to improving the company¿s resilience and competitive position is also examined.
Learning Outcomes:
Upon completion of this course students will: - have gained a comprehensive overview of the types of risks, in particular the environmental, social, and digital risks to which a company is exposed; - be able to recognize risks resulting from new framework conditions and increased complexity and dynamics; - be familiar with the essential legal and managerial requirements of risk management in a company; - be familiar with tools for risk identification and risk assessment; - be familiar with the basic strategies of risk management; and - be able to assess the impact of environmental, social, and digital risks on the company and integrate these risks (but also opportunities) into the company`s risk management. Systematic and holistic thinking is trained by looking at the entire risk management process in companies. Students will be able to understand the risk management process in a company and evaluate it according to various criteria. The methods taught promote problem-solving abilities as well as analytical and judgment skills.
Superior module:
Management & Leadership 1
Module description:
-
Innovative Quality & Process Management
| Semester | 1 |
|---|---|
| Academic year | 1 |
| Course code | BWBM1IQPIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
Opportunities and risks that arise, for example, as part of strategic processes or due to changes in economic or legal conditions, require businesses to adapt and further develop relevant business processes in the company. This course explores how a company's performance can be improved through comprehensive and systematic process management. Value stream-oriented process management and the interplay of corporate management and process management shows students how processes can be strategically managed, controlled, and optimized - especially in relation to changes. Reference models, evaluation methods, and methods for optimizing interfaces in companies represent a methodical foundation for measuring and optimizing corporate performance. The role of people in process management and the associated management challenges are discussed against the background of change and risk, and students learn about the key role that processes play in the digital transformation of companies.
Learning Outcomes:
Upon completion of this course students will: - have acquired the professional skills to recognize the relevance of processes for company performance; - have gained methodological skills in the context of expected changes; - be able to apply suitable reference models, standards, and norms that help them to plan, manage, and optimize change processes in the company; - have strengthened their ability to think holistically; and - have developed the necessary decision-making and problem-solving skills to successfully implement complex change management tasks in companies using process management.
Superior module:
Management & Leadership 1
Module description:
-
Intercultural Management
| Semester | 1 |
|---|---|
| Academic year | 1 |
| Course code | BWBM1ICMIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 2 |
| Examination character | immanent |
Lecture content:
As a result of globalization, the requirements for managing change and sustainability are further deepened. The contents of this course are: - culture frameworks and taxonomies - global dexterity and cultural intelligence - working for and managing multinational organizations - recruiting for MNCs or across cultures - planning and executing international assignments - managing multicultural teams.
Learning Outcomes:
Upon completion of this course students will: - understand how culture influences management tasks and how to devise communication strategies to accommodate cultural diversity; - know how to structure and manage teams that embrace culturally diverse backgrounds and use these effectively; - be aware of the challenges of international and expat assignments and be able to measure performance, as well as reintegrate employees after an international assignment; and - appreciate the challenge of communicating effectively across cultures and have developed strategies to achieve goals in a multinational, diverse setting. The following defined central competencies will have been developed further: decision-making and problem-solving, goal orientation, resilience and stress management, analytical skills & ability to judge.
Superior module:
Management & Leadership 1
Module description:
-
New Digital Business Models
| Semester | 1 |
|---|---|
| Academic year | 1 |
| Course code | BWBM1NDBIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
In this course, students learn to design business models as ecosystems and to create new business models from both creative and systematic perspectives. Students will learn about business model radar patterns and their application in designing new business models, such as platform business models. They will develop the ability to connect strategy and business models with technology and customer-focused processes. Students will gain proficiency in analyzing and deconstructing business models using radar patterns, strategic tools, and customer-focused blueprints. The course introduces a comprehensive business design framework that examines businesses through multiple lenses: strategy, business models, customer-focused processes, and technology. Students will apply this framework to analyze and describe business models as ecosystems.
Learning Outcomes:
Upon completion of this course students will have learned to: - design business models as ecosystems; - perform business model innovation towards an ecosystem-driven approach; - use patterns to innovate business models; - link strategy and customer-focused processes with business models as ecosystems; and - understand the role of technology in business model innovation.
Superior module:
Innovation Management 1
Module description:
-
Planning & Designing Value Creation Systems
| Semester | 1 |
|---|---|
| Academic year | 1 |
| Course code | BWBM1PGWIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 3 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
This course explores how global value creation systems need to be designed in the age of digital transformation in order to ensure agility and flexibility while at the same achieve efficiency and profitability. The course provides an insight into the key tasks, objectives, and methods for optimizing value creation systems as well as the associated opportunities and risks from a corporate perspective. In terms of content, the focus is on the essential core processes of value creation - purchasing, procurement, production, and supply chain management - the emphasis being on thinking in processes and on understanding relationships within and across companies and their mutual interactions. Conflicting objectives arising from different planning and optimization approaches, such as greater flexibility and quality and at the same time lower costs and shorter delivery times, are worked on using the relevant process characteristics in the form of models and case studies. Fundamental parameters such as inventories, throughput times, batch sizes, output rates, and capacities are defined and their interrelationships and interactions analyzed. Building on this, selected concepts and trends, such as supply chain design models and the issue of transparency in supply chains, including practical application of AI models, are presented and the associated opportunities and risks are discussed.
Learning Outcomes:
Upon completion of this course students will: - have gained an informed overview of the methods, models, and optimization approaches of value creation networks; - be able to analyze value creation processes and identify corresponding optimization potential; - know how to plan and design value creation networks, enabling them to recognize the fundamental relationships between corporate strategy, organization, and individual value creation processes; - be able to identify the process parameters relevant for optimization, while being aware of their interactions; and - be able to independently develop solutions to support the operational implementation of strategic objectives. The course encourages students to think holistically and systemically. Analytical skills and the ability to make judgments are honed and form the basis for successfully mastering the challenges of changing and designing value creation systems.
Superior module:
Digital Transformation 1
Module description:
-
Quantitative Methods
| Semester | 1 |
|---|---|
| Academic year | 1 |
| Course code | BWBM1QTMIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
Students learn to work with basic instruments and methods of data collection (sample planning, scale levels, questionnaire designs) and to develop and conduct research studies and use hypothesis tests. They will learn to process and analyze the collected data using the statistical software SPSS. They will also acquire sound knowledge in the application of common univariate and multivariate data analysis methods. The structure and contents of the course are: - scale levels, central tendency, and measures of dispersion - hypothesis formation (H0, H1, ¿-error, one- and two-tailed hypothesis tests) - contingency analysis - simple correlation analysis - mean value comparisons - testing for normal distribution - testing for variance homogeneity - single & multi-factorial analysis of variance - simple and multiple regression For each of these topics, there will be a brief introduction to the basic principles and methodology followed by applications to concrete examples with SPSS.
Learning Outcomes:
Upon completion of this course students will have acquired the following skills and abilities: - Understanding scale levels and their significance for data analysis: Students will know the different scale levels (nominal, ordinal, interval, ratio) and understand how they influence the methods to choose for analysis. They will be able to recognize the differences between the scale levels and understand their influence on statistical procedures. - Ability to formulate and test hypotheses: Students will be able to formulate hypotheses, including the null hypothesis and the alternative hypothesis. They will understand the concepts of alpha-error (Type I error) and be able to perform one- and two-tailed hypothesis tests. - Application of standard methods of multivariate data analysis: Students will be proficient in carrying out and interpreting contingency analyses, simple correlation analyses, single and multi-factorial variance analyses and regression analyses. They will be able to correctly interpret the results of these analyses and draw informed conclusions from them. - Competence in the use of SPSS for data analysis: Students will be able to apply the above-mentioned statistical methods in SPSS, interpret the SPSS outputs, and analyze data adequately according to the problem at hand. - Knowledge of advanced data analysis methods: Students will have gained an overview of commonly used methods for mean value comparisons, tests for normal distribution and variance homogeneity. They will be familiar with their fundamental principles and be able to assess when these methods should be used. - Practical application of statistical methods: By applying the methods they have learned to specific examples using SPSS, students will have developed the ability to carry out statistical analyses in practice. They will have learned how to interpret the results adequately and derive relevant findings from the data.
Superior module:
Methodological Skills
Module description:
-
Strategic Innovation Management & Open Innovation
| Semester | 1 |
|---|---|
| Academic year | 1 |
| Course code | BWBM1SIMIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
This course explores the concepts of invention, innovation, and innovativity in enterprises. It discusses success criteria, principles, methods, and strategies of innovation management, as well as example cases. It analyzes dimensions of innovations in manufacturing as well as services, reasons for the necessity for innovations as well as drivers and barriers for innovations. Students explore classical static as well as dynamic models of innovation processes and their management. Fundamentals of open innovation as opposed to closed innovation approaches will be discussed, as well as the relevance of intellectual property rights and corporate structures and cultures that favor innovation. Further contents of this course are innovation-oriented competition, market and technology analyses, marketing and funding for innovation, development of innovations in networks, monetizing innovation and ambidexterity.
Learning Outcomes:
Upon completion of this course students will: - have developed an understanding of the necessity, requirements, and impact of innovations in companies and entrepreneurship; - understand and apply innovation processes and methods in a strategic and systematic way; - know about and reflect on the classical tools of strategic innovation management and their advantages and disadvantages depending on the company culture and situation on the market; and - have gained analytical skills regarding factors that favor innovation, market and technology analyses, the development of innovations in networks as well as approaches for monetizing innovation.
Superior module:
Innovation Management 1
Module description:
-
Strategic People Management
| Semester | 1 |
|---|---|
| Academic year | 1 |
| Course code | BWBM1SPMIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
Focusing on the changing work environment driven by digitalization, globalization, and the growing impact of artificial intelligence (AI), this course addresses the importance of strategic people management in leveraging individuals as a competitive advantage. The emphasis is on aligning people management strategies with organizational goals. Students will explore key practices, leadership and people roles as well as emerging trends to effectively navigate people management in dynamic business contexts. The course will cover the following topics: - foundations of strategic people management (e.g., resource-based view, aligning people and organizational strategy); - changing roles of HR business partners and the role of leadership in driving strategic people management initiatives; - strategic people management practices along the employee journey: workforce planning, recruitment, training, performance management, and retention; - people management trends: adapting them to changing contexts such as globalization, digital transformation, and demographic challenges; - agility in strategic people management and people management's contribution to organizational value creation.
Learning Outcomes:
Upon completion of this course students will: - understand and be able to discuss the critical role of strategic people management in addressing the challenges of a rapidly evolving work environment; - have developed skills to create and align people management strategies with organizational goals to enhance organizational competitiveness; - have gained an overview of strategic people management practices along the employee journey, including workforce planning, recruitment, training, performance management, and retention; - have acquired knowledge of the changing roles in people management, such as the HR Business Partner roles, and will be able to distinguish them from the leadership roles in driving strategic initiatives; and - have gained insights into emerging trends, such as digitalization and demographic challenges, and will be equipped to evaluate agility in people management and its contribution to organizational value creation. These learning outcomes prepare them to lead effectively in dynamic and complex business contexts.
Superior module:
Management & Leadership 1
Module description:
-
Sustainability and Circular Economy
| Semester | 1 |
|---|---|
| Academic year | 1 |
| Course code | BWBM1NCEIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
This course explains what environmental and sustainability management in a company consists of and which functions, thought patterns, and tools go into it. In addition, the different circles of the circular economy are examined to see if and how they can be operationalized from a business management perspective. The business and macroeconomic opportunities and risks associated with sustainability are discussed in detail in the course. Points of contact with other disciplines as well as the standards and strategic foundations of a socio-economically sound sustainability management approach are also explored. Looking at the stakeholder groups of corporate management, various perspectives open up in which the views of the various players are expressed with their respective objectives and options for action. Furthermore, basic knowledge of professional discourses on ethics and sustainability (e.g. the "trolley problem") is imparted to enable students to deal with the associated dilemmas in professional fields of work. In addition, the framework conditions for sustainable business activities are also discussed, i.e. how to operationalize SDGs and use the ESG framework to promote sustainability in corporate management. Aspects such as raw materials management with a view to conflict resources (e.g. rare earths) as a prerequisite for digital transformation are also addressed. As sustainability is intrinsically linked to sustainable consumption, the course examines models of consumption theory across disciplines to shed light on sustainable consumption decisions. Part of the course is the university-wide, interdisciplinary symposium on "Ethics & Sustainability."
Learning Outcomes:
Upon completion of this course students will know: - the genealogy, functions, and lines of thinking of the environmental and sustainability discourse; - business-ethical forms of normativity: sufficiency, generational justice (inter-/ intragenerational), utilitarian welfare effects of justice, social capital, inequality; - different forms of capital: natural, human, and social capital; - nature as an asset, not just a resource; - the ecological forms of market failure; students will be familiar with business management tools and strategies to internalize externalities in ways that unlock value creation potential; - the opportunities of sustainability management including in terms of legitimacy management toward stakeholders; - ways to operationalize institutional framework conditions (SDG, ESG); and - circular business models.
Superior module:
Management & Leadership 1
Module description:
-
-
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2KMIIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Innovation Management 1
Module description:
-
-
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2DSBIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Digital Transformation 1
Module description:
-
-
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2DTWIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Digital Transformation 1
Module description:
-
-
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2SMAIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Management & Leadership 1
Module description:
-
Management Control
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2MACIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
Managers make decisions under uncertainty and in volatile conditions. Management control mechanisms can be used to support managers in achieving corporate goals. Management control is increasingly shaped by digitalization and sustainability aspects. The course also examines management control mechanisms for companies in an international context and predominantly from the perspective of managers who want to use these instruments in a goal-oriented manner. The focus is on the following content: - relationship between success potential ¿ success ¿ liquidity - control mechanisms in an international context - selected instruments of strategic and operational management accounting (e.g. key performance indicators, budgets, performance measurement) - digitalization and effects on management control - influence of sustainability aspects and corporate governance
Learning Outcomes:
Upon completion of this course students will: - have gained a sound understanding of the methods and instruments of management control and will be able to apply these in a dynamic and international corporate context; - have adopted a holistic perspective and be familiar with interrelationships and interactions within the company as well as between the company and its environment; - be able to assess the situation of a company with the help of key figures and key performance indicators and use this analysis to identify weaknesses, risks and threats as well as strengths and opportunities; and - be familiar with current developments in management control and the resulting challenges and opportunities, particularly in the context of digitalization and sustainability orientation.
Superior module:
Management & Leadership 1
Module description:
-
Qualitative Methods
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2QLMIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
The course covers the fundamentals and methods of qualitative research, which are suitable for both business-related questions and economic research. As part of the course, examples of qualitative research designs will be presented, and various methods of data collection and analysis will be explored. Additionally, the presentation and interpretation of qualitative research results will be discussed. The course includes the following topics: - Fundamentals of Qualitative Research: Principles and quality criteria - Research Design: Searching for and evaluating scientific literature, qualitative research design options, method suitability and selection, connection to research question(s) - Data Collection: Sampling, preparation of necessary materials for data collection (especially interview guides) - Data Analysis: Presentation of qualitative research designs, transcription, triangulation, mixed methods, text coding, types of category formation, use of (AI-supported) software - Preparation and Interpretation of Qualitative Research Results
Learning Outcomes:
Graduates are familiar with the procedures and fundamental methods of qualitative research. They can independently plan and conduct basic studies and systematically analyze the collected information. Furthermore, they are capable of evaluating, structuring, and interpreting research findings. Graduates understand the quality criteria for qualitative research and can apply them when interpreting studies. They also possess the competence to produce (qualitative) seminar papers and master's theses according to scientific standards.
Superior module:
Methodological Skills
Module description:
-
Special Aspects of Accounting & Corporate Governance
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2SCGIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 2 |
| Examination character | immanent |
Lecture content:
Corporate financial and non-financial reporting is influenced by international interdependencies and a volatile economic environment. As a result, there is an increasing need for information that allows the most accurate assessment of a company`s risks and opportunities. There is also an increasing demand for the publication of non-financial indicators, in particular sustainability aspects. The course addresses these challenges and discusses accounting topics in more depth from an international and holistic perspective. Additionally, the fundamentals of internal control systems are discussed as a crucial element of modern corporate governance. The focus of the course is on: - national and international accounting principles and regulations - International Financial Reporting Standards (IFRS) and studying selected aspects of international accounting in more depth - group accounting and consolidation: duty to prepare consolidated financial statements, basis of consolidation, and consolidation methods and techniques - non-financial reporting, integrated reporting and the Global Reporting Initiative - corporate governance & internal control system - current challenges in financial accounting
Learning Outcomes:
Upon completion of this course students will: - be able to recognize connections between balance sheet items and the elements of annual and consolidated financial statements; - be familiar with the essential accounting principles in a national and international context and the current requirements in relation to non-financial reporting and sustainability reporting; - be familiar with the methods and instruments of group accounting and have an understanding of consolidation processes; - be familiar with the essential features of current corporate governance guidelines and an internal control system; - be able to interpret annual and consolidated financial statements against the background of accounting policy measures and analyze net assets, financial position and results of operations on the basis of accounting data; and - understand the relevance of non-financial, particularly sustainability aspects and other current developments for bookkeeping and accounting. Accordingly, the course fosters analytical skills and judgment as well as holistic thinking.
Superior module:
Management & Leadership 1
Module description:
-
Strategic Transformation Management
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2STMIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
This course equips students with theoretical and practical knowledge in strategic transformation management. Students learn how organizations can strategically plan, manage, and implement transformative changes in order to adapt to dynamic market conditions, technological developments, and societal challenges. The main goal in doing so is to transform the organization in ways to make it better prepared for future challenges, increase its competitiveness, and stay successful in the long term. This can be achieved by introducing new business models, digitizing processes, adapting to regulatory requirements or tapping into new markets. The focus of the course is on combining strategic analysis, change management, and cultural transformation to create sustainable competitive advantages.
Learning Outcomes:
Upon completion of this course students will be able to: - understand and apply the fundamentals and principles of strategic transformation management; - analyze, plan and manage strategic transformation processes; - use change management methods and tools in transformation projects; - identify challenges and resistance in transformation processes and develop suitable solutions; - assess the importance of corporate culture and communication in transformation processes; and - define success factors and KPIs for measuring transformation projects. Teaching and learning methods: The course will be delivered through a combination of lectures, interactive discussions, and case study analyses. Students are encouraged to actively participate in the learning process and deepen their theoretical knowledge through practical applications.
Superior module:
Management & Leadership 1
Module description:
-
Corporate Restructuring & Turnaround Management
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2CRTIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
In an environment coined by transformation and change, businesses are confront-ed with crises induced internally and externally that require restructuring and turnaround processes to strengthen the businesses` resilience. This course provides insights into the field of corporate restructuring as well as crisis and turnaround management. It discusses the progression and dynamics of corporate crises, highlights legal framework conditions, and explores management methods to deal with and prevent crises and increase corporate resilience. In detail, the course addresses the following aspects: - Crisis typologies and progression, causes for and symptoms of crises - Managerial and legal definitions of corporate crises - Delimiting crises, turnaround, risk and restructuring management - Extrajudicial turnaround processes / Workout - Judicial turnaround processes - Turnaround process, restructuring process - Early warning systems
Learning Outcomes:
Upon completing this course, alumni possess profound insights into the problems, risks and challenges of corporate crises and insolvency. Apart from legal principles and framework conditions relevant for insolvency cases, they have a solid understanding of crisis, turnaround and restructuring management from a business management point of view and are aware of the dynamics of these processes. They are familiar with the progression, methods and tools of turnaround and restructuring management and know how to apply these in an increasingly transforming and uncertain business environment to preserve and strengthen corporate resilience. Assuming a holistic perspective, they are able to assess the challenges and effects restructuring and turnaround activities can have on involved stakeholders and are aware of the interplay of short-term, as well as long-term, and sustainable restructuring activities. According to the situation at hand, they can apply methods of proactive crisis management that, to prevent insolvency, aim for the early detection and avoidance of corporate crises.
Superior module:
Financial Management 1
Module description:
-
Financial Markets & Institutions
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2FMIIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | English |
| SWS | 3 |
| ECTS Credits | 4 |
| Examination character | immanent |
Lecture content:
Economic uncertainty manifests particularly quickly in the global financial markets in form of fluctuating rates and real losses for all involved agents. Financial markets can mirror exogenous risks such political crises or changing global powers. Functioning financial markets and their regulation are essential for economic and sustainable development in a world in transformation. The course introduces students to the most important models of financial markets theory and their relevance for the agents in financial markets. The course focuses on the holistic consideration of contexts and interdependencies, as well as on providing deep insights to financial market developments, products and market participants: - Financial market fundamentals: types of financial markets, interest rate structures, market efficiency, international financial markets - Financial market participants, with a focus on financial institutions such as banks and insurance companies and financial intermediation. Characteristics of the banking industry and banking regulations - Role of Fintechs in financial markets & transactions - Financial market pricing: Capital Asset Pricing Model (CAPM) and Arbitrage Pricing Theory - Neo-Institutionalism and Behavioral Finance: restrictions, Prospect Theory, market-related and behavioral anomalies - Current issues in financial markets
Learning Outcomes:
Upon completing this course, students are familiar with the core models of capital market theory. They possess deep and comprehensive insights to financial market structures and agents, in particular financial institutions. They understand the principles of neoliberal institutional economics with its assumptions and their limitations, which Behavioral Finance seeks to overcome by drawing on behavioral science and psychology. They can apply theoretical knowledge on financial markets and behavioral science responding to particular situations in order to implement change processes in financial markets and anticipate potential impacts. After completing this course, students know how to categorize occurring phenomena and assess the effectiveness of regulatory steps. They are familiar with the tasks and tools of the most relevant financial institutions as well as their interrelationships. As this course pursues a holistic approach towards analyzing financial markets and dependencies, it also promotes systematic and holistic thinking. It helps them develop their analytical and assessment skills by thoroughly exploring financial market tools.
Superior module:
Financial Management 1
Module description:
-
-
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2NVCIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 3 |
| ECTS Credits | 4 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Management of Sustainable Value Creation 1
Module description:
-
Circular Business Models
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2CBMIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
The Circular Business Models course explores different strategies allowing com-panies to transition from linear to circular value creation. Key models include product-as-a-service approaches, where businesses retain ownership and sell usage rather than products via e.g. sharing platforms, which optimize resource use through collaborative consumption. Other models include product life extension, focusing on repair, refurbishment, remanufacturing and closed-loop recycling, where materials are continuously recovered and reused. Through case studies and hands-on projects, students will analyze and design circular business strategies for real-world applications.
Learning Outcomes:
By the end of the Circular Business Models course, students will understand different circular models, such as the product-as-a-service model, sharing platforms, product life extension, and closed-loop recycling. They will learn how businesses can transition from linear to circular models by integrating sustainability principles and using tools like life cycle assessment and circularity metrics. Students will evaluate the impact of circular strategies and develop tailored business solutions. Through case studies and practical projects, they will apply their knowledge to real-world business challenges.
Superior module:
Management of Sustainable Value Creation 1
Module description:
-
-
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2ASKIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 2 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
People Management 1
Module description:
-
Coaching & Mentoring
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2CUMIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 2 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
People Management 1
Module description:
-
People Analytics & Digital Transformation
| Semester | 2 |
|---|---|
| Academic year | 1 |
| Course code | BWBM2PADIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
This course teaches practical und strategic skills in the field of people analytics as a basis for data-driven decision making in People Management. Using real case studies and modern technologies, students will analyze how digital tools and AI can enhance value creation and efficiency across organizational processes. A particular focus is placed on the use of employee-related data to measure and optimize HR initiatives and strategically anchor them within the organization. The course content includes: - People Analytics concepts, objectives, and its strategic significance - Data analysis and interpretation: methods for collecting, processing, and analyzing Key Performance Indicators (KPIs) - Visualization and interpretation of people-related data using dashboards - Application of digital assistants and AI-powered technologies to improve efficiency and support decision-making in People Management - The role of People Management in driving digital transformation within organizations - Reflection on the ethical and social aspects of People Analytics in the workplace
Learning Outcomes:
Students gain an in-depth understanding of the strategic foundations and practical applications of People Analytics, while critically engaging with the associated ethical and social challenges. They learn to collect, systematically analyze and visualize employee-related data using dashboards. Furthermore, they develop skills in leveraging digital tools and AI-powered technologies to drive efficiency and create strategic value in HR processes. Alumni understand the role of People Management in the digital transformation and are capable of applying it effectively to support organizational goals.
Superior module:
People Management 1
Module description:
-
-
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3BMASE |
| Type | SE |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 1 |
| ECTS Credits | 1 |
| Examination character | final |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Master`s Thesis
Module description:
-
-
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3KVFIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Innovation Management 2
Module description:
-
-
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3FKSIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 2 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Management & Leadership 2
Module description:
-
-
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3ANLIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Management & Leadership 2
Module description:
-
Business Intelligence & AI
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3BIAIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
This course blends the principles of effective data-driven storytelling with an AI-enabled methodology. The course will guide participants through the entire data analysis lifecycle - from business understanding to deployment - while emphasizing how to craft compelling narratives that drive action. Participants will learn how to uncover insights using a data framework and transform those insights into clear, impactful stories using visuals and presentations. Hands-on exercises with data tools from Tableau will solidify skills in data preparation, analysis, and visualization, ensuring that the story resonates with stakeholders at every phase. Students will leverage AI tools to support their role as data-driven storytellers. By the end of the course, participants will be able to extract meaningful insights and communicate findings through engaging stories that align with business goals.
Learning Outcomes:
- Students understand the value of AI for business analytics; - Students understand the importance of visual cues; - Students can craft a narrative with data; - Students can use AI as a support tool for creating data-driven stories.
Superior module:
Digital Transformation 2
Module description:
-
International Corporate Management & Market Entry Strategies
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3ICMIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
This course provides students with solid knowledge and practical skills to successfully lead companies in an increasingly globalized and competitive environment. The course highlights the challenges and opportunities arising from the internationalization of businesses and offers a comprehensive overview of the strategic, cultural, and economic aspects of international business management. The focus is on the development and implementation of global strategies, leadership, and the management of international subsidiaries, investments, and partnerships. Students learn how companies operate in global markets, which market entry strategies are promising, and how diversification, mergers and acquisitions (M&A), and strategic alliances can be effectively designed. To plan for and design the entry of new sales markets is considered one of the most fundamental and at the same time most complex management decisions. Any emerging uncertainties need to be mapped in regard to the opportunities and risks they entail and for how to address the structural, cultural, institutional and activity-related dimensions of these uncertainties. Drawing on a decision-oriented view, this course discusses the following questions: - What are the typical market entry barriers that businesses face? - How can the new service/product portfolios be positioned in the market successfully? - What are the available institutional market entry options? - Which benefits and drawbacks come along with the individual timing strategies? - What legal aspects need to be considered when entering a commercial market? - Is it necessary to develop specific market entry competencies? - Which particularities must service providers as well as small and medium-sized enterprises be aware of?
Learning Outcomes:
Upon completing this course, students possess a deepened understanding of the markets as economic, political, social and cultural arenas and of how internationalization and globalization trends are reflected in the institutional, structural and cultural foundations of these economic fields. Drawing on this knowledge base, students learn about and discuss market entry strategies, and derive implementation criteria. Through an application-oriented analysis, students gain insights into the multidimensional uncertainties of market entry strategies and thus acquire the competency to systematically interpret and assess structures and causalities.
Superior module:
Management & Leadership 2
Module description:
-
International Economics
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3INEIL |
| Type | IL |
| Kind | Compulsory |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
This course discusses the determining factors and effects of increasingly internationalizing economic activities and their regional ties along with the requirements for international competitiveness and benefits of an international division of labor. It highlights the opportunities and challenges arising for businesses by the growing internationalization of trade and production in an open economy: on the one hand, the opportunities of tapping into new source and sales markets, as well as the advantages of segmenting value chains across borders, and, on the other hand, the challenges of advancing the intensity of competition with increasing market integration. Since corporate complexity management, which operationalizes opportunities and risks, faces these modified international economic relations, this course explores the dynamics of international markets. In order to illustrate the ties connecting the world and the international context becoming increasingly relevant for corporate decision processes, this course discusses the following aspects: - Foreign trade theory - Structures, borders and globalization critique - Digitalization and sustainability as drivers of globalization or re-regionalization - Processes and crises of market integration, in particular in a European context - Implications of the increasing global integration of corporate decision making - Requirements for achieving international competitiveness - Goals and types of international involvement / transnational business relations considering procurement, sales and financing conditions specific to industry and nation
Learning Outcomes:
Upon completing this course, alumni possess deep insights into the changes and risks businesses and corporate decision makers face in a corporate environment. Special attention is paid to changing framework conditions of entrepreneurial action, e.g. internationalizing economic activities and increased market integration, emerging competition, the relevance of digitalization for international economic relations, changing consumer behavior, shortened product life and innovation cycles with the resulting need to innovate, as well as the requirements of sustainable economy. Drawing on these insights, alumni are able to identify, analyze and assess for decision making the opportunities and risks the management are likely to face from external changes, increased complexity and dynamics. Alumni train their analytical and assessment skills applying these newly acquired insights as the course requires them not only to internalize the information presented but also to actively use it. Upon completing this course, alumni are aware of existing global economic ties and know how to analyze and assess the requirements of international innovation competition for internationally operating businesses. They understand that, due to these external shifts, management requirements are constantly exposed to change and risk. In this context, they have learned to identify leverage points to ensure business success in ever-changing environments and they are conscious of the relevance of innovative solutions and proactive management.
Superior module:
Management & Leadership 2
Module description:
-
-
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3SACIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Financial Management 2
Module description:
-
-
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3FRIIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 3 |
| ECTS Credits | 4 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Financial Management 2
Module description:
-
Selected Topics in Accounting & Sustainability Reporting
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3STAIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
The course focuses on methods, instruments and models of balance sheet analysis with regard to inherent risks, including sustainability and climate risks, on assets and liabilities as well as conveying a holistic understanding of the relationships between risk identification and management, with a particular focus on financial statements. Building on this, further special topics and problem areas of accounting and group accounting are addressed, as well as current problem areas and challenges of sustainability reporting. The course focuses on the following contents: - Regulatory requirements to limit accounting fraud and errors - Error and manipulation vulnerability in the approach as well as in the initial and subsequent assessments of risk-charged balance sheet items - Identification of procedural and rule-based balance sheet risks in the individual and consolidated financial statements and determination of suitable precautionary measures - Raising awareness of environmental, social and governance (ESG) risks in the balance sheet and their impact - Sustainability reporting (implementation of ESG reporting and the EU Taxonomy Regulation)
Learning Outcomes:
Upon completing this course, alumni are aware of risks related to individual and consolidated financial statement, including ESG risks. They possess an overview of the risk-charged balance sheet items and are able to analyze these using appropriate methods, tools and models while honoring the accounting policies. Alumni understand the conceptional intention of relevant require-ments regarding risks in financial statements and are able to identify and assess risk exposure in the field of financial and non-financial reporting despite dynamics of regulatory changes. By exploring the regulatory framework of norms, particularly related to sustainability reports, alumni develop their deci-sionmaking and problem-solving skills.
Superior module:
Financial Management 2
Module description:
-
Sustainable Finance
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3SFIIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 2 |
| Examination character | immanent |
Lecture content:
The transition of the global economy towards greater sustainability depends heavily on the requirements of investors. The consideration of sustainability criteria by investors, e.g. when banks grant loans or when selecting assets in the portfolio, influences the behaviour of those seeking capital. At the same time, capital that is consciously made available for sustainable investments can trigger sustainable changes (e.g. climate-friendly initiatives, female empowerment, poverty reduction). The following aspects are covered: - Governance, CSR, ESG and finance: influence on investors and borrowers - (Regulatory) framework conditions: United Nations SDGs, EU Taxonomy, Sustainable Finance Disclosure Regulation, ESG ratings, Non-Financial Reporting Directive, etc. - Financial literacy and the associated positive effects on reducing (old-age) poverty, better provision, green investments, etc. - Microcredit and its role in achieving the SDGs, especially poverty reduction through entrepreneurship, female empowerment, improving the living conditions of children - Impact investing or socially responsible investing and its contribution to achieving the SDGs via green finance, climate finance, etc.
Learning Outcomes:
Upon completing this course, alumni know drivers of sustainability orientation in finance. They understand the financial relevancy of a sustainability orientation, the pressure exercised by investors, politics and NGOs to increasingly consider sustainability aspects that companies and financial intermediaries are exposed to. Moreover, they understand the potential positive effects of a sustainability orientation as suggested by the SDGs on a corporate level as well as from a more holistic viewpoint. By comprehensively discussing the topics mentioned along with their many interfaces to facilitate sustainability on different levels (diversity, female empowerment, fighting poverty, climate change) this course promotes systematic and holistic thinking. Alumni know about the relevance and role of sustainable finance for nudging positive change in terms of governance as well as ecological and social aspects.
Superior module:
Financial Management 2
Module description:
-
-
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3KBMIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Management of Sustainable Value Creation 2
Module description:
-
-
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3NBMIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 3 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Management of Sustainable Value Creation 2
Module description:
-
-
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3ZSPIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Management of Sustainable Value Creation 2
Module description:
-
Supply Chain Risk Management
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3SCRIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
The course "Risk Management in Supply Chains" provides students with in-depth knowledge and skills required to effectively identify, assess and manage risks throughout the supply chain. The course provides an overview of the approaches, tasks and procedures of the risk management process. The different supply chain risks, their sources and the management of these risks are covered. The methods and procedures of supply chain risk management and the associated decision-making levels are elaborated and discussed with the help of case studies.
Learning Outcomes:
Graduates have the necessary technical expertise and analytical skills to gain an overview of the various risks in the supply chain. They are familiar with methods and procedures for identifying, analyzing and assessing risks. In addition, they gain knowledge of how companies deal with these risks in supply chains on an operational level.
Superior module:
Management of Sustainable Value Creation 2
Module description:
-
-
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3TBHIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
People Management 2
Module description:
-
-
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3CBDIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
People Management 2
Module description:
-
-
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3PTMIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
People Management 2
Module description:
-
Talent Acquisition & Digital Sourcing
| Semester | 3 |
|---|---|
| Academic year | 2 |
| Course code | BWBM3TADIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
Attracting talents is one of today`s top business challenges. In a dynamic and increasingly complex company world, talent acquisition and digital sourcing strategies have become even more relevant for sustainable competitive advantage. Based on a real-life case study students develop comprehensive skill sets to create and implement compelling talent acquisition and sourcing strategies that are aligned with business priorities. This course will cover the following topics: - Role and tasks of a talent acquisition expert - Strategic workforce planning - Sourcing techniques & recruitment marketing - Selection processes - Designing candidate experience & journey - Recruiting technologies (applicant tracking systems, generative AI) - Identification of key performance indicators in recruiting and visualization in dashboards
Learning Outcomes:
Graduates of this course are familiar with the essential concepts and methods of digital talent acquisition. They are able to apply sourcing techniques and identify as well as engage suitable candidates. They possess the skills to strategically plan and execute the selection process in order to recruit long-term suitable talent for organizations. In addition, graduates develop solution-oriented approaches based on case studies to sustainably optimize talent acquisition strategies. They take responsibility for the development and implementation of holistic, technology-driven acquisition processes and are capable of continuously evaluating and improving them.
Superior module:
People Management 2
Module description:
-
-
| Semester | 4 |
|---|---|
| Academic year | 2 |
| Course code | BWBM4MAPDP |
| Type | DP |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 0 |
| ECTS Credits | 2 |
| Examination character | final |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Master`s Final Examination
Module description:
-
-
| Semester | 4 |
|---|---|
| Academic year | 2 |
| Course code | BWBM4MAAIT |
| Type | IT |
| Kind | Diploma/master thesis |
| Language of instruction | German |
| SWS | 0 |
| ECTS Credits | 20 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Master`s Thesis
Module description:
-
-
| Semester | 4 |
|---|---|
| Academic year | 2 |
| Course code | BWBM4KMASE |
| Type | SE |
| Kind | Compulsory |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 2 |
| Examination character | final |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Master`s Thesis
Module description:
-
Business Analytics & Management Reporting
| Semester | 4 |
|---|---|
| Academic year | 2 |
| Course code | BWBM4BAMIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
This course discusses the effects of digitalization on management accounting and financial management. It highlights the requirements and challenges that have arisen with digital transformation and, at the same time, illustrates potentials of new analyses. It covers business model and corporate analyses along with how to map, plan, and evaluate these. To facilitate this, the course explains methods, tools, and programs relevant for business practice that are predominantly used to process and evaluate historic financial information, as well as to forecast budgeting. The focus is also on the analysis and visualisation of data as part of management reporting. Current methods relevant in practice, tools and programmes are used to evaluate and process past financial information and to forecast future planning calculations using sensitivity and scenario analyses.
Learning Outcomes:
Upon completing this course, alumni understand the relevance of data along with the possibilities to analyze these in the context of management accounting and financial management, as well as for operative management. They recognize the transformed requirements profile for corporate management that has arisen due to digitalization as well as current potentials of IT analyses. Alumni are able to solve practical operative and financial problems applying relevant methods, tools, and programs. They are sensitized for automated and machine-made recommendations for actions.
Superior module:
Financial Management 3
Module description:
-
Mergers & Acquisitions
| Semester | 4 |
|---|---|
| Academic year | 2 |
| Course code | BWBM4MAAIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | English |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
This course discusses the particularities of preparing and executing mergers & acquisitions. It not only explores the finance and investment related aspects of this type of transaction but also considers ESG-related criteria and the behavioral-scientific findings regarding this transaction process along with the particularities in a dynamic and cyclic M&A context. The course focuses on the following aspects: - Theoretical foundations of Mergers & Acquisitions - Regulating M&A aspects and legal dimensions - Participating agents - Structure of M&A processes: industry and company analyses, busi-ness valuation, due diligence, business auditing, execution process, post-merger integration, M&A control - Financing M&A activities and buy-outs
Learning Outcomes:
Upon completing this course, alumni are aware of the agents, process, and framework conditions of Mergers & Acquisitions. They understand the essential transaction forms, trends and tactics in M&A processes, know how to apply their insights in an increasingly uncertain business environment and how to assess the opportunity and risk potentials that M&A processes entail for all parties involved. Alumni are able to meet the demands of a corporate merger in special circumstances and are aware of the high process pace of an M&A transaction which they overcome with their heightened resilience and stress tolerance. Given that the transaction process is discussed from a triangular viewpoint, alumni develop their systemic and holistic thinking. Moreover, alumni increase their goal orientation as well as decision-making and problem-solving skills as they have to assess their courses of action based on, by nature, incomplete information in the transaction process.
Superior module:
Financial Management 3
Module description:
-
-
| Semester | 4 |
|---|---|
| Academic year | 2 |
| Course code | BWBM4WCCIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 3 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Management of Sustainable Value Creation 3
Module description:
-
-
| Semester | 4 |
|---|---|
| Academic year | 2 |
| Course code | BWBM4NWAIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
Management of Sustainable Value Creation 3
Module description:
-
-
| Semester | 4 |
|---|---|
| Academic year | 2 |
| Course code | BWBM4IOTIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
People Management 3
Module description:
-
Performance Management
| Semester | 4 |
|---|---|
| Academic year | 2 |
| Course code | BWBM4PEMIL |
| Type | IL |
| Kind | Elective |
| Language of instruction | German |
| SWS | 2 |
| ECTS Credits | 3 |
| Examination character | immanent |
Lecture content:
-
Learning Outcomes:
-
Superior module:
People Management 3
Module description:
-
| Legend | |
| Semester | Semesters 1, 3, 5: courses held only in winter semester (mid-September to end of January), Semesters 2, 4, 6: courses held only in summer semester (mid-February to end of June) |
| SWS | weekly contact hours over 14 weeks in semester (example SWS 2 equals 28 contact hours for the whole course |
| ECTS Credits | Work load in ECTS credits, 1 ECTS credit equals an estimated 25 hours of work for the student |
| Type | BP = Bachelor final exam DP/MP = Master final exam IL = Lecture with integrated project work IT = Individual training/phases LB = Lab (session) PS = Pro-seminar PT = Project RC = Course with integrated reflective practice RE = Revision course SE = Seminar TU = Tutorial UB = Practice session/Subject practical sessions VO = Lecture |