€¦ · 3 . group accounting . module no.: 40001 spo version: 31 . course of s tudies master of...

Module description

1

Master of Financial Management (M.A.) Module Description

SPO 31

Aalen University of Applied Sciences Faculty of Management and Business Science

Module description

2

Inhalt Group Accounting ..................................................................................................................................... 3

Risk Management & Controlling ............................................................................................................... 6

Valuation ................................................................................................................................................... 8

Corporate Systems Management ........................................................................................................... 10

Quant Data Research Methods .............................................................................................................. 13

At Practice I ............................................................................................................................................ 15

Group Taxation ....................................................................................................................................... 17

Analytics in Management Control ........................................................................................................... 19

Digital Finance ........................................................................................................................................ 21

Designing Strategy & Value .................................................................................................................... 23

Modern ERP ........................................................................................................................................... 25

At Practice II ........................................................................................................................................... 27

Wahlfach I ............................................................................................................................................... 29

Wahlfach II .............................................................................................................................................. 31

Wahlmodul 1 ........................................................................................................................................... 33

Wahlmodul 2 ........................................................................................................................................... 35

Internationales Management 1 ............................................................................................................... 37






Master Thesis ......................................................................................................................................... 49

Module description

3

Group Accounting Module no.: 40001 SPO version: 31 Course of Studies Master of Financial Management

Module Name Group Accounting

Module Coordinator Prof. Dr. Reinhard Heyd

Module Type Compulsory Module

Semester 1. Semester

Duration 1 Semester

No. of Lectures 1

Begin of Offer Winter Semester

Credits 5 CP

Workload Contact Time 60 Hours

Workload Self Study 90 Hours

Admission Requirement --

Relevance in Courses of Study

Language German

Learning Goals / Competence

General Remarks This course focuses on the requirements and purposes of group financial statements, the procedures for preparing group financial statements (consolidation processes), presentation of M&A as well as disinvestment activities, group financial statement analysis (financial ratios) and the link between group financial accounting and transfer pricing requirements. Professionalism Main goal is to understand group accounting as part of a comprehensive reporting system with different users, requirements and purposes. Therefore, students learn the theoretical background as well as the practical use of group accounting standards and the analysis for rating, investment and tax purposes. Interdisciplinary Skills Students are encouraged to participate in case studies and field research projects. They have to organize their team work and present results in class.

Module description

4

Lecture Contents • Introduction • Obligation to prepare consolidated financial statements and a group

management report • Definition of the scope of consolidation • Group Accounting principles • Accounting processes in the group • Preparation of commercial balance sheets • Capital consolidation, initial and subsequent account consolidation • Debt consolidation • Elimination of interunit profit/loss • Expense and Income consolidation • Proportionate consolidation • Equity Method • Changes in the scope of consolidation • Consolidation in a multistage group • Excursus: Differences between consolidated accounting according to HGB

and IFRS • Group Annex • Consolidated cash flow statement, statement of changes in equity, segment

reporting • Group Management Report • Payment Report • Consolidated financial statement analysis

Literature Dusemond, Küting, Wirth: Der Konzernabschluss: Praxis der Konzernrechnungslegung nach HGB und IFRS Brösel: Grundwissen Konzernrechnungslegung nach HGB und IFRS Gräfer Scheld: Grundzüge der Konzernrechnungslegung Baetge, Kirsch, Thiele: Konzernbilanzen Baetge, Kirsch, Thiele: Übungsbuch Konzernbilanzen Scherrer: Konzernrechnungslegung nach HGB Coenenberg, Haller, Schultze: Jahresabschluss und Jahresabschlussanalyse Graumann: Praktische Jahresabschlussanalyse, Durchgängiges Fallbeispiel, Kennzahlengestützte Analyse, Von der Theorie zur Anwendung Latest edition each

Courses / Lectures (LV)

Course no. Title of the Course / Lecture Lecturer Type1

Semester hours per

week CP

40101 Group Accounting Prof. Dr. Reinhard Heyd V, Ü, S, P

4 5

1 V Vorlesung

E Exkursion L Labor Ü Übung

S Seminar P Projekt

PR Praktikum K Kolloquium

EX Experiment EL E-Learning

X Nicht fixiert

Bachelor ab SPO 33 (§ 63); Master ab SPO 32

Module description

5

Module Exam (Voraussetzung für die Vergabe von Leistungspunkten)

Course no. Type / Length2 Grading Comments

40101 PLK (90) 70%

PLS 30%

Admission Requirement

Good command of German, C1 Level

Comments:

-

Last updated: 29.01.2019 Prof. Dr. Reinhard Heyd

2 PLK

PLS PLM PLA

Schriftliche Klausurarbeiten Hausarbeit/Forschungsbericht Mündliche Prüfung Praktische Arbeit

PLR PLE PLP

Referat Entwurf Projekt

PLL PLF PPR

Laborarbeit Portfolio Praktikum

PLT PMC PLC

Lerntagebuch Multiple Choice Multimedial gestützte Prüfung (E-Klausur)


Module description

6

Risk Management & Controlling

Course of Studies Master of Financial Management

Module Name Risk Management & Controlling

Module Coordinator Prof. Dr. Robert Rieg



Duration 1 Semester

No. of Lectures 1


Credits 5 CP





Language German

Lecture Contents 1. Concept and meaning of risks, opportunities and risk management

2. Risk perception 3. Risk measurement 4. Risk-adjusted value 5. Risk measures 6. Decision making under uncertainty and risk (I) 7. Decision making under uncertainty and risk (II) 8. Rrisk identification 9. Rrisk assessment 10. Rrisk reporting 11. Risk management and monitoring 12. Strategic risk management 13. Operational risk management 14. Organisation of risk management 15. Trends in risk management

Literature Vanini, U. (2012), Risikomanagement: Grundlagen, Instrumente, Unternehmenspraxis, Schäffer-Poeschel, Stuttgart. Gleißner, W. (2017), Grundlagen des Risikomanagements: Mit fundierten Informationen zu besseren Entscheidungen, 3., vollständig überarbeitete und erweiterte Auflage, Vahlen, München.

Module no.: 40002 SPO version: 31

Module description

7



Semester hours per

week CP

40102 Risikomanagement und -Controlling Prof. Dr. Robert Rieg V, Ü, S, P

4 5



40102 PLS 100% Report plus essays and case study assignments during the course

Admission Requirement Good Command of German, C1 Level ––

Comments: The course is graded on the final project as well as several cases, essays and other assignments during the course. Therefore successfully finishing this course includes regular attendance and participation.

Last updated: 28.01.2019, Prof. Dr. Robert Rieg; 18.06.2019, Marco Philipp

3 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


4 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

8

Valuation

Course of Studies Master of Financial Management

Module Name Valuation

Module Coordinator Prof. Dr. rer. pol. Ingo F. Scheuermann



Duration 1 Semester

No. of Lectures 1


Credits 5 CP





Language English


Professionalism The students will be taught the ability to carry out comprehensive company valuations. Different methods will be developed and critically questioned. They can analyse the dividend policy and capital structure of a company. In addition, the students can classify the fields of activity of a CFO. Interdisciplinary Skills In the "Corporate Finance" module, case studies must be solved in teamwork. The students can guide the professional development of others and deal with problems in the team with foresight. The results must be presented in plenary sessions (presentation skills). Methodological Expertise Recognised methods of corporate and financial analysis and the interpretation of these analyses are imparted and, in particular, their areas of application explained. Students will also be able to deepen their understanding of the software-based application of the methods and interpret the results.

Lecture Contents 1. Basics of Capital Market Theory 2. Valuation of uncertain Cash Flows (CAPM) 3. Company Valuation I (DCF Method, Adjusted Present Value) 4. Company Valuation II (multiples) 5. Theory of the optimal Capital Structure 6. Dividend policy 7. Impact of Information Asymmetries 8. Mergers & Acquisitions

Module no.: 40003 SPO version: 31

Module description

9

Literature Monographs: • Damodaran, A. (2015): Applied Corporate Finance. Wiley: Hoboken,

New Jersey. (Pflichtliteratur) • Copeland, T. / Weston, F / Shastri, K. (2014): Financial Theory and

Corporate Policy. Addison-Wesley: Reading, Massachusetts. • Hull, J. (2012): Options, futures, and other derivatives. Pearson:

Boston / Munich. Journal Articles:

• Miller, M. / Modigliani, F. (1958): The Cost of Capital, Corporation Finance and the Theory of Investment. The American Economic Review, Vol. 48, No. 3, pp. 261-297.

• Miller, M. / Modigliani, F. (1961): Dividend Policy, Growth, and the Valuation of Shares. The Journal of Business. Vol. 34, No. 4, pp. 411- 433

• Myers, S. (1993): Still searching for the optimal capital structure. Journal of Applied Corporate Finance, Vol. 6, No. 1, pp. 4-14.

• Black, F. / Scholes, M. (1973): The Pricing of Options and Corporate Liabilities. The Journal of Political Economy, Vol. 81, No. 3, pp. 637- 654.



Semester hours per

week CP

40103 Valuation Prof. Dr. rer. pol. Ingo F. Scheuermann

V,Ü,S,P

4 5



40103 PLP 50 % Written elaboration of the project work

40103 PLR 50 % Presentation of the results of the project work


Language: Proof of English language proficiency (for students whose mother tongue is not English) of at least B2 level.

Comments: The "Valuation" module is a specialization module in the field of corporate finance. It serves as preparation for the compulsory course "Digital Finance" in the second semester.

Last updated: 13.05.2019, Marco Philipp

5 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


6 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

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Corporate Systems Management Module no.: 40004 SPO version: 31 Course of Studies Master of Financial Mangement

Module Name Corporate Systems Management

Module Coordinator Prof. Dr. habil. Patrick Ulrich


Semester 1. semester

Duration 1 semester

No. of Lectures 1

Begin of Offer Winter semester

Credits 5 CP





Language German

Module description

11


General Remarks - Professionalism The Corporate Systems Management course deals with the design, analysis and change of various systems in business practice. These can be corporate management systems such as internal control systems, incentive systems and compliance management systems, but also other systems. Important is the relation to the corporate structure on the one hand and to information technology on the other hand. Studied speeches get to know the importance of Corporate Management Systems in practice. The participants manage to analyse systems from practice and to design their own systems for special constellations (e.g. industries). You can question practical solutions theoretically in the area of conflict between business administration, psychology and law and weigh theoretical and practical arguments in order to make your own differentiated decision. Particular attention is paid to the comparison of compliance management systems in an international environment and the auditing of these systems by auditors and other consultants. In this way, students expand their knowledge base on the German system of corporate governance. Interdisciplinary Skills The course takes place at the interface of business administration, IT, psychology and law. Students can apply the theories as well as the tools of the trade of these disciplines to Corporate Systems Management and make differentiated judgements. Working in small groups, discussions and case studies increases communication and presentation skills. Argumentation style and logical thinking are promoted through the development of a well-founded seminar paper. The work with deepening scientific sources from different ranges increases the (scientific) problem-solving ability of the participants. Involvement in Civil Society Students can independently work on new topics, evaluate information, draw practical conclusions, develop new solutions and take into account social, ecological and economic aspects. In this way, the goals associated with civil society involvement, such as promoting the holistic education of students, are achieved.

Lecture Contents Basics of corporate governance, risk and compliance (GRC)

Concepts of corporate systems management Principal internal control and compliance functions Compliance management systems (CMS) Situational changes in internal control systems

Literature Ulrich, Compliance-Management, Stuttgart 2019

Hauschka, Corporate Compliance, München 2016 Welge/Eulerich, Corporate Governance-Management, 2. Aufl., Wiesbaden 2014

Additional literature will be named during class.



Semester hours per

week CP

40104 Corporate Systems Management Prof. Dr. habil. Patrick Ulrich V, S, P, Ü

4 5

7 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


Module description

12



40104 PLS, PLR PLS 70%, PLR 30% Written seminar paper of approx. 20 pages (70% of grading) with oral presentation of approx. 20 minutes plus discussion (30% of grading)


-

Comments:

-

Last updated: 04.02.2019, Prof. Dr. habil. Patrick Ulrich

8 PLK

PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

13

Quant Data Research Methods Module no.: 40005 SPO version: 31 Course of Studies Master of Financial Management

Module Name Quant Data Research Methods




Duration 1 Semester

No. of Lectures 1


Credits 5 CP



Admission Requirement -


Language German


General Remarks Students learn to apply the intermediate quantitative methods from statistics and operations research, which means the application of statistical methods to problems in the broad financial management. A major goal of this course is to encourage students to develop enough confidence with the ideas and techniques of quantitative research to apply them appropriately in their own work. Professionalism Students will be able to competently select suitable methods (possibly in combination) for broadly problems to be encountered in financial management writ large. Methodological Skills The students can competently and confidently assess the formal application requirements (e.g. distribution assumptions) in terms of measurement, reliability and validity in univariate statistical inference as well as linear regression with two regressors. Social skills One can only learn statistics by doing statistics. Students are encouraged to engage in peer instruction activities, distinguishing the different roles that arise in the group.

Module description

14

Lecture Contents • Overview of theory and method in the social sciences and data sampling. • Descriptive statistics (graphical methods, location parameters, scattering

parameters, cross tabulation, contiguity analysis, correlation analysis, price indices, bivariate linear regression, multiple linear regression)

• Inductive statistics (basics of probability theory useful for statistics, statistical interval estimates, statistical tests)

• Operations Research, selected areas (game theory, graph theory, queuing models)

Literature Waters (2011), Quantiative Methods for Business Schuster, Liesen (2017). Statistik für Wirtschaftswissenschaftler



Semester hours per

week CP

40105 Quant Data Research Methods Prof. Dr. Andreas Theissler V,ü, S, P

4 5



40105 PLK 90 100%


Comments:

--

Last updated: 04.06.2019 Marco Philipp

9 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


10 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

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At Practice I Module no.: 40011 SPO version: 31 Course of Studies Master of Financial Management

Module Name At Practice I


Module Type Elective


Duration 1 Semester

No. of Lectures 1


Credits 5 CP



Admission Requirement English Level B2


Language English / German


General Remarks This is an application lecture. Knowledge must be applied to be useful. Each semester, a professor will select an actual, current problematic at a firm, and organize teams to propose solutions to this problematic. Thus, students take on a consultant role and will organise projects, engage in problem-solving processes and provide answers to research questions and critically reflect on the results. Depending on the current research and firm project cooperation, students will have a chance to deal with real problematics like data harmonization in digitization of financial management or data granularity in the controlling competence centers in a local international firms. Professionalism At Practice I, the student will put into practice the central learning objectives of the program and to learn how to solve business problems within financial management area which might involve tools learned from different lectures and also might call upon a novel solution. The acquired professional competencies will result from experiencing holistically the full end-to-end process of business problem solutions: business problem definition, scope sizing, data acquisition for problem analysis, solutions proposals, and evaluation of solutions for implementation cost. The examination form of a project work with a graded project report is the most frequently used form for such forms of practical projects. Interdisciplinary Skills The students master the solution of complex business management problems, the technical discussion and problem solving in groups or as individuals. The students are able to communicate and present their professional (first) knowledge to a circle of experts. Here the skills of self management and self growth will be foregrounded. The ability to define the scope and depth of a problematic to an unstructured issued is a critical factor for success in firms.

Module description

16

Lecture Contents Depending on choice of courses Literature Depending on choice of courses

(Recommendation: 3 to 5 basic literature references; Explicitly mark additional literature)


Course no. Title of the Course / Lecture Lecturer Type

11 Semester hours per

week CP

40106 At Practice I Dr. Thorsten Stegmaier V,Ü,S,P

4 5



40106 PLP 100%

40106 Or PLS 100%

Admission Requirement English Level of at least B2, German level of at least C1

Comments:

Different emphases per semester depending on the lecturer.

Last updated: 29.01.2020 Marco Philipp

11 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


12 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



https://de.pons.com/%C3%BCbersetzung/englisch-deutsch/Recommendation

https://de.pons.com/%C3%BCbersetzung/englisch-deutsch/to

https://de.pons.com/%C3%BCbersetzung/englisch-deutsch/asic

https://de.pons.com/%C3%BCbersetzung/englisch-deutsch/literature

https://de.pons.com/%C3%BCbersetzung/englisch-deutsch/references

https://de.pons.com/%C3%BCbersetzung/englisch-deutsch/Explicitly

https://de.pons.com/%C3%BCbersetzung/englisch-deutsch/mark

https://de.pons.com/%C3%BCbersetzung/englisch-deutsch/additional


Module description

17

Group Taxation Module no.: 40006 SPO version: 31 Course of Studies Master of Financial Management

Module Name Group Taxation

Module Coordinator Prof. Dr. Markus Peter

Module Type Compulsory module


Duration 1 Semester

No. of Lectures 1

Begin of Offer Summer Semester

Credits 5 CP





Language German


General Remarks The students are in a position to develop strategies for the tax-optimal control of the group tax rate and to represent it. Professionalism Students will be able to classify and analyse national and cross-border groups of companies for tax purposes. They can further differentiate between the taxation concepts of a partnership and a corporation, in connection with possible qualification conflicts due to different national classifications. They are able to design special corporate topics, such as dividend or financing policies, and to develop optimal taxation strategies with regard to the corporate tax rate. Interdisciplinary Skills Students will be enabled to independently analyse complex national and international tax issues within a group of companies and will be able to apply or argue in defence of the learned group tax issues.

Module description

18

Lecture Contents 1. Framework conditions for group taxation 2. Domestic group

a) Appropriate choice of legal form in the domestic group b) Current taxation c) Group structure and restructuring d) Principals of real estate transfer tax

3. Foreign group units a) Foreign activities of the Group units b) Group structure and restructuring

4. Special Group topics a) Dividend policy b) Interest barrier c) Hybrid forms of financing d) Loss utilization in the Group

5. Optimization of the group tax rate

Literature • Kessler/ Kröner/ Köhler, Konzernsteuerrecht, in aktueller Auflage

• Skript zur Vorlesung Konzernsteuerrecht, in aktueller Auflage • Steuerliche Gesetzestexte, in aktueller Auflage • Steuerliche Richtlinien, in aktueller Auflage • Peter/Stegmaier, Optimierung der Konzernsteuerquote durch Integration

einer europäischen Zwischenholdinggesellschaft, DStR 2013, S. 2476 ff.




week CP

40201 Group Taxation Dr. Thorsten Stegmaier V, Ü, S, P

4 5



40201 PLK 100% Written Exam

Admission requirement: Good command of German, C1 Level

Comments: The module "Group Taxation" is a module for specialization in the field of national and international tax law.


13 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


14 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

19

Analytics in Management Control Module no.: 40007 SPO version: 31 Course of Studies Master of Financial Management

Module Name Analytics in Management Control



Semester 2. semester

Duration 1 semester

No. of Lectures 1


Credits 5 CP

Workload Contact Time 60 hours

Workload Self Study 90 hours



Language English


General Remarks This course focuses on the application of analytics to managerial accounting and control problems. Therefore, it is not intended as a general “business analytics” course nor are students from other master programs encouraged to take part. Professionalism Main goals are to understand the changing role of management accountants in a digital world as well as the need for analytical and modelling skills to tackle business problems. Building on that, students learn and gain competence in using analytical methods and modelling techniques for typical business problems. Interdisciplinary Skills Learn to present analytical results to other subject areas in firms. Learn to cooperate in teams to accomplish a joint mission.

Lecture Contents 1. Roles and role change of management accountants in a digital world 2. Thinking in models, understand modelling process 3. Overview on modelling techniques 4. Model archetypes 5. Several uses cases for applying different modelling and analytical methods

Literature Scott E. Page: The model Thinker, Basic Books, 2018

Vernon Richardson, Ryan Teeter, Katie Terrell: Data Analytics for Accounting, McGraw Hill, 2018 Other literature will be provided in the detailed syllabus and Moodle.

Module description

20




week CP

40202 Analytics in Management Control Prof. Dr. Robert Rieg V, Ü, S, P

4 5




Admission Requirement Good command of English on B2 ––


Last updated: 25.01.2019, Prof. Dr. Robert Rieg

15 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


16 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

21

Digital Finance Module no.: 40008 SPO version: 31 Course of Studies Master of Financial Management

Module Name Digital Finance

Module Coordinator Prof. Dr. rer. pol. Ingo F. Scheuermann



Duration 1 Semester

No. of Lectures 1


Credits 5 CP





Language English


Professionalism The students can:

1. Identify and analyse the sectoral, functional and regional impact of digitisation on financial services.

2. Identify and evaluate the changes in business processes and the interaction with customers in the form of a systematic risk analysis and derive recommendations for action to minimise risk.

3. Identify and understand innovations in open source data processing, big data, blockchain, etc., as well as explain further innovations in the financial sector from a business perspective.

Interdisciplinary Skills The students work together in teams on application-oriented cases of digitization in the financial sector. In addition, the students practice how to assimilate new information into their conceptual framework and thus improve their ability to work independently.

Lecture Contents 1. The Information Economy

2. Platform Economics 3. Bundling 4. Data Models 5. Finance processes 6. Open Sourcing, Big Data, and Blockchain 7. Pricing Shifts 8. Case Studies

Module description

22

Literature • Brynjolfsson & Saunders (2010). Wired for Innovation: How IT is Reshaping the Economy, MIT Press.

• Brynjolfsson, E., & Hitt, L. M. (2000). Beyond computation: Information technology, organizational transformation and business performance. The Journal of Economic Perspectives, 14(4), 23-48.

• Denis (2004). "Entrepreneurial finance: An overview of the issues and evidence". Journal of Corporate Finance, Elsevier, Volume 10, pages 301-326. Economics." Quarterly Journal of Economics 115(4): 1441-1478.

• Mishkin,F.S.,and Eakins, S.G.(2012).Financial Markets and Institutions,7th Edition. Pearson

• Shapiro & Varian (1998). Information Rules, HBS Press. • Stiglitz, J. E. (2000). "The Contributions of the Economics of

Information to Twentieth Century. Additional current literature will be announced in the lecture in response to relevant trends and recent developments.




week CP

40203 Digital Finance Prof. Dr. rer. pol. Ingo F. Scheuermann

V, Ü, S, P

4 5



40203 PLP 100 % Grading of the written elaboration of the individual research project


Language: Proof of English language proficiency (for students whose mother tongue is not English) of at least B2 level.

Comments:

The module "Digital Finance" is a module for specialization in the area of corporate financing. In terms of content and methodology, it builds on the knowledge gained in the mandatory module "Valuation" in the first semester.


17 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


18 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

23

Designing Strategy & Value Module no.: 40009 SPO version: 31 Course of Studies Master of Financial Management

Module Name Designing Strategy & Value

Module Coordinator Prof. Dr. habil. Patrick Ulrich



Duration 1 Semester

No. of Lectures 1


Credits 5 CP





Language English


General Remarks - Professionalism The Strategy & Value course deals with the basic principles of corporate strategy and value from the point of view of CFOs and CEOs. In recent years, companies have also increasingly created positions for Chief Strategy Officers (CSOs) and Chief Digital Officers (CDOs). Students recognize the primary schools of strategic thinking and can apply them to practical problems. They develop their own methods for analysing the value of strategies in the corporate context. Through knowledge of the strategic management process, students are able to assess the sustainability of strategies from both a performance and value perspective as well as to develop independent market-, resource- and value-oriented strategies. Case studies are of particular importance here. Students transfer their theoretical and practical knowledge to new contexts and can analyse strategies and business models as well as create their own business models. Interdisciplinary Skills Students work in small groups on company examples and thus strengthen their communication and teamwork skills. Strategic thinking sharpens the analytical facts and the defence of strategic basic positions makes it possible to analyse other business facts cleanly and to formulate conclusions. Involvement in Civil Society Students can independently work on new topics, evaluate information, draw practical conclusions, develop new solutions and take into account social, ecological and economic aspects. In this way, the goals associated with civil society involvement, such as promoting the holistic education of students, are achieved.

Module description

24

Lecture Contents Basics of strategy & value

Schools of strategic thought Strategy, Value & Performance Strategic Diagnosis Strategic Choice Strategy Implementation & Control Business Models and their Implications for CFOs

Literature Becker/Ulrich, Strategic Value Management, 2019 Wheelen/Hunger, Essentials of Strategic Management, 2014 Wunder, Essentials of Strategic Management, 2016

Additional literature will be named during class.




week CP

40204 Designing Strategy & Value Prof. Dr. habil. Patrick Ulrich V, S, P, Ü

4 5



40204 PLK (90) 80%

40204 PLS 20% (2 assignments à 10 %)

Strategic mini-assignments (2 per person during the semester): 1 literature topic and 1 short presentation on a practical case


-

Comments:

-

Last updated: 28.01.2019, Prof. Dr. habil. Patrick Ulrich

19 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


20 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

25

Modern ERP Module no.: 40010 SPO version: 31 Course of Studies Master of Financial Management

Module Name Modern ERP




Duration 1 Semester

No. of Lectures 1


Credits 5 CP





Language German


General Remarks This course focuses mainly on accounting and value flows in ERP. The course does not require programming skills, it is designed to apply modern systems and concepts to IT. Professionalism The main objective is to get to know and apply integrative business processes of finance, accounting and controlling in information systems. The application system used is SAP R/3 and the theoretical basis in SAP S/4 HANA, which is one of the most important systems on the market. Interdisciplinary Skills The students learn to present analytical results of other departments in companies. They also learn to work in teams in order to achieve a common goal.

Lecture Contents 1. ERP systems and use in accounting 2. General Ledger Accounting 3. Integrative incoming and outgoing processes - sales tax 4. Asset accounting 5. Master data - transaction data 6. System settings 7. Analysis and reporting application, reporting 8. Practical implementation and conversion 9. Integration into controlling

Literature Heinz Forsthuber, Jörg Siebert: SAP Finanzwesen: Das Praxishandbuch. SAP PRESS. ISBN 978-3-8362-3990-5

Module description

26




week CP

40205 Modern ERP Mr. Sekler V, Ü, S, P

4 5




Admission Requirement Good Command of English (B2 level), deep knowledge in finance and accounting. This is not an introductory course in ERP for a general audience or students from other master courses. ––


Last updated: 10.04.2019, Prof. Dr. Robert Rieg

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22 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

27

At Practice II Module no.: 40012 SPO version: 31 Course of Studies Master of Financial Management

Module Name At Practice II


Module Type Elective


Duration 1 Semester

No. of Lectures 1


Credits 5 CP



Admission Requirement English Level B2


Language English / German


General Remarks This is an application lecture. Knowledge must be applied to be useful. Each semester, a professor will select an actual, current problematic at a firm, and organize teams to propose solutions to this problematic. Thus, students take on a consultant role and will organise projects, engage in problem-solving processes and provide answers to research questions and critically reflect on the results. Depending on the current research and firm project cooperation, students will have a chance to deal with real problematics like data harmonization in digitization of financial management or data granularity in the controlling competence centers in a local international firms. Professionalism At Practice II, the student will put into practice the central learning objectives of the program and to learn how to solve business problems within financial management area which will involve applying the data and statistical tools learned from semester 1. The acquired professional competencies will result from experiencing holistically the full end-to-end process of business problem solutions with the advanced tools from semester 1: business problem definition, scope sizing, data acquisition for problem analysis, solutions proposals, and evaluation of solutions for implementation cost. The examination form of a project work with a graded project report is the most frequently used form for such forms of practical projects. Interdisciplinary Skills The students master the solution of complex business management problems, the technical discussion and problem solving in groups or as individuals. The students are able to communicate and present their professional (first) knowledge to a circle of experts. Here the skills of self management and self growth will be foregrounded. The ability to define the scope and depth of a problematic to an unstructured issued is a critical factor for success in firms. The student will also learn the accepted practice of how to estimate needed precision and granularity for business problematics versus research purpose.

Module description

28

Lecture Contents Depending on choice of courses Literature Depending on choice of courses

(Recommendation: 3 to 5 basic literature references; Explicitly mark additional literature)




week CP

40206 At Practice II Prof. Günter Titze V,Ü,S,P

4 5



40206 PLP 100%

40206 Or PLS 100%

Admission Requirement English Level of at least B2

Comments:

Different emphases per semester depending on the lecturer.


23 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


24 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



https://de.pons.com/%C3%BCbersetzung/englisch-deutsch/Recommendation

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https://de.pons.com/%C3%BCbersetzung/englisch-deutsch/asic


https://de.pons.com/%C3%BCbersetzung/englisch-deutsch/references

https://de.pons.com/%C3%BCbersetzung/englisch-deutsch/Explicitly

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Module description

29

Wahlfach I Module no.: 40020 SPO version: 31 Course of Studies Master of Financial Management

Module Name Wahlfach I


Module Type Elective Module


Duration 1 Semester

No. of Lectures 1


Credits 5 CP





Language Module Dependent


The module of Wahlfach refers to module selected from lectures offered by the Faculty of Business. If outside the faculty, please refer to Wahlmodul 1. Professional competence ("knowledge and understanding" and "skills") The professional competencies acquired are based on the focus of the respective lecturer. Interdisciplinary competence ("social competence" and "independence") Independence in solving complex business issues, discussion and problem solving in groups.

Lecture Contents The concrete contents depend on the respective lecturer. They serve to deepen and expand the professional knowledge of the students.

Literature The specific lecture content will depend on the chosen module and therefore

dependent on the lecturer of that module.




week CP

40020 Module dependent Dependent on the selected module 4 5

25 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


Module description

30



400020 Module dependent Module dependent


Module dependent

Comments:

Last updated: 30.10.2019 Prof. Jae Aileen Chung

26 PLK

PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

31

Wahlfach II Module no.: 40021 SPO version: 31 Course of Studies Master of Financial Management

Module Name Wahlfach II



Semester 2 Semester

Duration 1 Semester

No. of Lectures --


Credits 5 CP







The module of Wahlfach refers to module selected from lectures offered by the Faculty of Business. If outside the faculty, please refer to Wahlmodul 2. Professional competence ("knowledge and understanding" and "skills") The professional competencies acquired are based on the focus of the respective lecturer. Interdisciplinary competence ("social competence" and "independence") Independence in solving complex business issues, discussion and problem solving in groups.

Lecture Contents The lecture will depend on the module. Literature The literature will depend on the module.




week CP

40021 Module dependent Module dependent 4 5

27 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


Module description

32




Admission Requirement Module Dependent

Language: Module Dependent

Comments: .

Last updated: 30.10.2019 Prof. Dr. Jae Aileen Chung

28 PLK

PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

33

Wahlmodul 1 Module no.: 40013 SPO version: 31 Course of Studies Master of Financial Management

Module Name Wahlmodul 1




Duration 1 Semester

No. of Lectures 1


Credits 5 CP







The student is to choose a module not offered by the Faculty of Business but within other faculties of the university. If the module is offered by the Faculty of Business, please refer to Wahlfach I. Professional competence ("knowledge and understanding" and "skills") The professional competencies acquired are based on the focus of the respective lecturer. Interdisciplinary competence ("social competence" and "independence") Independence in solving complex business issues, discussion and problem solving in groups.

Lecture Contents The content of the lecture will depend on the module selected. The student will choose a module out of the faculty of business.

Literature The literature will depend on the module selected

Module description

34




week CP






Module dependent

Comments:

-


29 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


30 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

35

Wahlmodul 2 Module no.: 40014 SPO version: 31 Course of Studies Master of Financial Management

Module Name Wahlmodul 2




Duration 1 Semester

No. of Lectures 1


Credits 5 CP





Language German


The student is to choose a module not offered by the Faculty of Business but within other faculties of the university. If the module is offered by the Faculty of Business, please refer to Wahlfach II. Professional competence ("knowledge and understanding" and "skills") The professional competencies acquired are based on the focus of the respective lecturer. Interdisciplinary competence ("social competence" and "independence") Independence in solving complex business issues, discussion and problem solving in groups.

Lecture Contents The content will be module dependent. Literature The content will be module dependent.




week CP


31 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


Module description

36




Admission Requirement Module dependent ––

Comments:


32 PLK

PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

37

Internationales Management 1 Module no.: 40401 SPO version: 31 Course of Studies Master of Financial Management

Module Name Internationales Management 1



Semester 2. or 3. Semester

Duration 1 Semester

No. of Lectures

Begin of Offer Winter or Summer Semester

Credits 5 CP





Language English


Professional competence ("knowledge and understanding" and "skills") During a semester abroad, students can further specialize in a field of financial management and thereby acquire specialist knowledge in a global context. They also acquire in-depth knowledge of a non-German-speaking country’s financial system. Interdisciplinary competence ("social competence" and "independence"): During a semester abroad, students acquire intercultural competences in particular and can thus react to these interculturally sensitised in later work situations. The self-organisation of the students is also strengthened for professionalism.

Lecture Contents The content will be decided through the Learning Agreement between the coordinating institutions.

Literature The content will be decided through the modules as stated within Learning Agreement between the coordinating institutions.




week CP

40208 Dependent on module Dependent on module 4 5

33 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


Module description

38



40208 Dependent on module Dependent on module


Language: This will be decided within the context of the Learning Agreement.

Comments: As a rule, the specific semester and the subjects to be selected should be those defined in a cooperation with the foreign university in question, which is typically equivalent for the 2nd semester of the program. This does not preclude an exchange in the 3rd semester. The specifics will be stated in the Learning Agreement.


34 PLK

PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

39






Duration 1 Semester

No. of Lectures


Credits 5 CP





Language English








week CP


35 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


Module description

40








36 PLK

PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

41






Duration 1 Semester

No. of Lectures


Credits 5 CP





Language English








week CP


37 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


Module description

42








38 PLK

PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

43






Duration 1 Semester

No. of Lectures


Credits 5 CP





Language English








week CP


39 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


Module description

44








40 PLK

PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

45






Duration 1 Semester

No. of Lectures


Credits 5 CP





Language English








week CP


41 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


Module description

46








42 PLK

PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

47






Duration 1 Semester

No. of Lectures


Credits 5 CP





Language English








week CP


43 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


Module description

48








44 PLK

PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description

49

Master Thesis Module no.: 9999 Master Thesis SPO version: 31 Course of Studies Master of Financial Management

Module Name Master Thesis

Module Coordinator Head of Regulation Committee


Semester 3 Semester

Duration 1 Semester

No. of Lectures 0

Begin of Offer Winter and Summer Semesters

Credits 30 CP

Workload Contact Time --




Required

Language German/English


Professional competence ("knowledge and understanding" and "skills"): The students are able to deal with a relevant complex problem independently and critically and to present the learned scientific methods in detail. In the Master's thesis, the student is able to work out the task independently, structured and according to scientific methods in accordance to international scientific standards, using the competences acquired up to then in the courses of study, within a specified period of time. A central component is the written, scientifically sound elaboration of the results of the work and their discussion, including literature and other sources. Students are enabled to differentiate sources according to their scientific value and quality and to integrate them in the structure of a logical chain of argumentation. In the colloquium, the student is able to present the work in a summarized and understandable way and to discuss it with the expert audience from an objective point of view. Overarching competence ("social competence" and "self development"): Students are able to work on and complete a project on their own and on schedule, in which they analyse, structure and solve complex problem requiring expertise.Students are also able to manage themselves independently by setting appropriate priorities and coping productively with the stresses and strains during the module. They can accept critique and respond constructively. Special methodological competence, if necessary: Students can derive and apply an advanced research methodology from the question by collecting relevant information, working independently on projects, collecting, analysing, interpreting, evaluating data and selecting methods appropriate to the object of research in order to then apply them professionally. They can present and defend complex subject-related content in a clear and targeted manner, both orally

Module description

50

and in writing. They will be able to develop efficient working techniques. Students can clearly present the "red thread" of their research work both orally and in writing.

Lecture Contents The Literature

The content of this module depends on the topic. The literature will be decided in consultation with the supervising professor.




week CP

9999 Master Thesis Head of Regulation Committee P 30



9999 PLP 80% Written Exam

PLM 20% Colloqium


Preparation for participation in this module: approval of the topic of the Master's thesis by the board of regulation in the field of study.

Comments

- The Master's thesis can be written in German or English, whereby one of the two languages must be used consistently.

- Scientific sources are in particular articles and contributions in internationally recognized peer-reviewed journals, the primary use of which must be strictly observed in the Master's thesis.

- By resolution of the examination board, the degree programme may issue additional guidelines in the usual form by notice or announcement, which regulate the content and formal requirements for the Master's thesis as well as questions of procedural organisation and evaluation. These are available on the programme's website.


45 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


46 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



€¦ · 3 . group accounting . module no.: 40001 spo version: 31 . course of s tudies master of...

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