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BUSINESS ECONOMICS
3 ECTS

  • Demand analysis & estimating demand
  • Supply and market equilibrium
  • Production economics
  • Cost analysis
  • Estimating cost functions and production functions
  • Economies of scale
  • Prices, output and strategy in different markets
  • Game theory models of oligopoly
  • Pricing techniques and analysis
  • Government regulation

EMPIRICAL RESEARCH METHODS
3 ECTS

  • Quantitative and qualitative methods
  • Development of a research question
  • Steps of research process
  • Methods of data collection
  • Sampling
  • Data analysis using statistical software programs (SPSS or R)
  • Writing a research report

STRATEGIC ANALYSIS AND MANAGEMENT
3 ECTS

  • Strategy making process and strategic reasoning
  • Advanced external environment analysis
  • Cultural and institutional context of strategic management
  • Network-level strategies
  • Corporate development and configuration
  • Strategy formation
  • Strategic change and corporate restructuring
  • Strategic renewal
  • Strategy evaluation and strategic controls
  • Organizing for success

INNOVATION AND CHANGE MANAGEMENT
3 ECTS

  • Diagnosing the change context and leading the strategic change
  • Dynamics of innovation & their implications for change management
  • Types of innovation
  • Individual creativity and invention
  • Creativity techniques
  • Corporate creativity & intrapreneuring
  • Technology management
  • Technological life cycles
  • Customer needs
  • Innovation and technology strategies
  • Managing innovations
  • Open innovation
  • Diffusion of innovations
  • Cultural differences in innovation capability
  • Contemporary trends in innovation management

CORPORATE SOCIAL RESPONSIBILITY
3 ECTS

  • Introduction to business and society
  • Theories of corporate social responsibility
  • Cornerstones of sustainable management
  • CSR as management approach
  • Practical approaches of organizational effectiveness
  • Tools for CSR implementation
  • CSR and financial performance
  • Life cycle assessment
  • How to communicate CSR
  • Best and worst practices of CSR

CORPORATE GOVERNANCE
3 ECTS

  • Theoretical aspects
  • Historical developments around the world
  • Directors and board structures in different parts of the world
  • Directors and remunerations
  • Shareholders and stakeholders in the global environment
  • Family business governance
  • Role of institutional investors
  • Corporate governance in mergers and acquisitions
  • Socially responsible investments
  • Corporate governance in different regions

FUNDAMENTALS OF CONSULTING
3 ECTS

  • Management consulting as a management activity
  • Management consulting as an industry and profession
  • Controversies and ethics of management consulting
  • Consulting engagement as problem solving exercise
  • Analytical and interactive data processing and forecasting methods
  • Analytical problem solving approaches and techniques
  • Creative approaches to problem solving and decision making
  • Evidence-based decision making methods
  • Structured and logical report writing techniques
  • Effective communication techniques

INTERNATIONAL COMPETITIVE STRATEGY
3 ECTS

  • Strategy process
    • Strategic thinking
    • Strategy formation
    • Strategic change
  • Strategic content and context
    • Organizational context
    • Industry context
    • Global context

BUSINESS ENGLISH
2 ECTS

[deutsch] Sie belegen eine Fremdsprache wie Spanisch oder Französisch. Das Fremdsprachenangebot richtet sich nach dem Wahlverhalten der Studierenden. Wenn Sie sich für den English-Only-Track entscheiden, dann konzentriert sich der Unterricht auf den intensiven Ausbau Ihrer Englischkenntnisse.

[englisch] You take part in a language course, e.g. Spanish or French. Die languages offered depend on the election behaviour of the students. If you decide for the English-Only-Track you will concentrate on deepening your English language skills.

FOREIGN LANGUAGE
2 ECTS

[deutsch] Sie belegen eine Fremdsprache wie Spanisch oder Französisch. Das Fremdsprachenangebot richtet sich nach dem Wahlverhalten der Studierenden. Wenn Sie sich für den English-Only-Track entscheiden, dann konzentriert sich der Unterricht auf den intensiven Ausbau Ihrer Englischkenntnisse.

[englisch] You take part in a language course, e.g. Spanish or French. Die languages offered depend on the election behaviour of the students. If you decide for the English-Only-Track you will concentrate on deepening your English language skills.

ADVANCED INTERCULTURAL TEAM- AND SELF-MGMT.
2 ECTS

  • Determinants of culture
  • Cultural theories and models
  • The influence of culture on behaviour
  • Team typologies
  • Phases of team development
  • Team performance
  • Group dynamics
  • Trust and control
  • Emergence and avoidance of conflicts
  • Leadership verses management
  • Leadership styles
  • The impact of leadership behaviour on teams
  • Creating an effective team culture

INTERNATIONAL ECONOMICS
3 ECTS

  • The global economy
  • Globalization and income
  • Globalization and international trade
  • Trade and comparative advantage
  • David Ricardo’s theory of comparative advantage
  • Modern trade theory
  • Trade barriers and trade policy
  • Firm location, distance and transport costs
  • Exchange rates
  • Currency crises and exchange rate policy
  • Gains from capital market integration
  • Financial crises, firms and the open economy

MANAGERIAL ACCOUNTING
3 ECTS

  • Managerial accounting and global business environment
  • Cost term, terms and classifications
  • Systems design: Job-order costing
  • Systems design: Process costing
  • Cost behaviour
  • Cost-volume-profit relationships
  • Variable costing
  • Activity based costing to aid decision making
  • Profit planning
  • Sustainability and ethics in accounting decision making

BUSINESS ELECTIVE
3 ECTS

[deutsch] Durch Business und Interdisciplinary Electives im zweiten und dritten Semester können Sie Ihrem Studium Profil verleihen und gleichzeitig Ihre Fachkenntnisse ausbauen. Typische Business Electives sind beispielsweise International Investment oder Entrepreneurship. Bei den Interdisciplinary Electives werden Kurse wie International Law oder Special Issues in Globalization angeboten.

[englisch] By choosing Business and Interdisciplinary Electives in the second and third semester you can personalize your degree course and extend your management knowledge. Typically you can choose from Business Electives like International Investment and Entrepreneurship. The Interdisciplinary Electives usually include subjects like International Law or Special Issues in Globalization.

INTERDISCIPLINARY ELECTIVE
3 ECTS

[deutsch] Durch Business und Interdisciplinary Electives im zweiten und dritten Semester können Sie Ihrem Studium Profil verleihen und gleichzeitig Ihre Fachkenntnisse ausbauen. Typische Business Electives sind beispielsweise International Investment oder Entrepreneurship. Bei den Interdisciplinary Electives werden Kurse wie International Law oder Special Issues in Globalization angeboten.

[englisch] By choosing Business and Interdisciplinary Electives in the second and third semester you can personalize your degree course and extend your management knowledge. Typically you can choose from Business Electives like International Investment and Entrepreneurship. The Interdisciplinary Electives usually include subjects like International Law or Special Issues in Globalization.

CORPORATE STRATEGY & RENEWAL
3 ECTS

  • Corporate strategy
  • Corporate development
  • Development of a corporate strategic concept
  • Corporate strategy evaluation and development of strategic options
  • Emergent and prescriptive approaches
  • Gap closing strategies
    • Buy strategies: Mergers and Acquisitions
    • Build strategies: Strategic renewal, organic corporate development strategies
    • Ally strategies

MERGERS, ACQUISITIONS AND RESTRUCTURING
3 ECTS

  • Corporate strategy
  • Corporate development
  • Development of a corporate strategic concept
  • Corporate strategy evaluation and development of strategic options
  • Emergent and prescriptive approaches
  • Gap closing strategies
    • Buy strategies: Mergers and Acquisitions
    • Build strategies: Strategic renewal, organic corporate development strategies
    • Ally strategies

BUSINESS PROJECT
6 ECTS

FOREIGN LANGUAGE
4 ECTS

  • [deutsch] Sie belegen eine Fremdsprache wie Spanisch oder Französisch. Das Fremdsprachenangebot richtet sich nach dem Wahlverhalten der Studierenden. Wenn Sie sich für den English-Only-Track entscheiden, dann konzentriert sich der Unterricht auf den intensiven Ausbau Ihrer Englischkenntnisse.[englisch] You take part in a language course, e.g. Spanish or French. Die languages offered depend on the election behaviour of the students. If you decide for the English-Only-Track you will concentrate on deepening your English language skills.

INTERNATIONAL PROJECT MANAGEMENT
2 ECTS

  • Basic competence (Project specifications, project goals and evaluation, project phases and cycles, project norms and rules)
  • Social competence (Communication, motivation, groups and team structures, leadership, conflict management)
  • Methodological competence (Structural aspects, time management, cost management, human resource management, creativity and problem solving)
  • Organisational competence (Quality management, documentation, risk management, project start and closure).

VALUE BASED MANAGEMENT
3 ECTS

  • Financial measurement of corporate strategies: the principles
  • The gap between book values and market values
  • Growth analysis
  • Traditional value-based systems and their link with financial models
  • Economic value added
  • Cash flow return on investments (CFROI)
  • Customer life-time value
  • Corporate financial & compensation design

SUSTAINABLE SUPPLY CHAIN MANAGEMENT
3 ECTS

  • What is the role of business in sustainable management?
  • Defining a sustainable supply chain
  • Discussion of various theoretical concepts and their implications for sustainable supply chain management
  • Green marketing
  • Green procurement
  • Green logistics

BUSINESS ELECTIVE
3 ECTS

[deutsch] Durch Business und Interdisciplinary Electives im zweiten und dritten Semester können Sie Ihrem Studium Profil verleihen und gleichzeitig Ihre Fachkenntnisse ausbauen. Typische Business Electives sind beispielsweise International Investment oder Entrepreneurship. Bei den Interdisciplinary Electives werden Kurse wie International Law oder Special Issues in Globalization angeboten.

[englisch] By choosing Business and Interdisciplinary Electives in the second and third semester you can personalize your degree course and extend your management knowledge. Typically you can choose from Business Electives like International Investment and

INTERDISCIPLINARY ELECTIVE
3 ECTS

[deutsch] Durch Business und Interdisciplinary Electives im zweiten und dritten Semester können Sie Ihrem Studium Profil verleihen und gleichzeitig Ihre Fachkenntnisse ausbauen. Typische Business Electives sind beispielsweise International Investment oder Entrepreneurship. Bei den Interdisciplinary Electives werden Kurse wie International Law oder Special Issues in Globalization angeboten.

[englisch] By choosing Business and Interdisciplinary Electives in the second and third semester you can personalize your degree course and extend your management knowledge. Typically you can choose from Business Electives like International Investment and

ORGANIZATIONAL DESIGN AND DEVELOPMENT
3 ECTS

  • Organizations and organizational effectiveness
  • Organizational theory
  • Basic challenges of organizational planning and development
  • Organizational life cycle
  • Steps of the organizational design process
  • Development of recommendations on organizational design improvements
  • Management in organizational and ethical culture
  • Managing conflicts, power and politics
  • International aspects of organizational planning and development
  • Implementing the organizational change

BUSINESS SIMULATION GAME
3 ECTS

MASTER THESIS TUTORIAL
2 ECTS

FOREIGN LANGUAGE
4 ECTS

[deutsch] Sie belegen eine Fremdsprache wie Spanisch oder Französisch. Das Fremdsprachenangebot richtet sich nach dem Wahlverhalten der Studierenden. Wenn Sie sich für den English-Only-Track entscheiden, dann konzentriert sich der Unterricht auf den intensiven Ausbau Ihrer Englischkenntnisse.

[englisch] You take part in a language course, e.g. Spanish or French. Die languages offered depend on the election behaviour of the students. If you decide for the English-Only-Track you will concentrate on deepening your English language skills.

SKILLS ELECTIVE
2 ECTS

[deutsch] In diesen Soft Skills Kursen werden Ihre Sozial-, Führungs- und Projektmanagement-Fähigkeiten intensiv geschult. Neben einigen Pflichtkursen belegen Sie im 3. Semester auch einen Wahlkurs. So können Sie selbst entscheiden, welche Ihrer Kompetenzen besonders gefördert werden sollen.

[englisch] In the Soft Skills Courses you will improve your social, leadership and project management skills. Additionally to the courses in the first and second semester you can choose another one in the third semester. Decide for yourself which of your personal competences you want to push forward.

MASTER THESIS
24 ECTS

Das vierte Semester ist für das Verfassen Ihrer  Master Thesis vorgesehen. Dadurch haben Sie die Möglichkeit, parallel zu arbeiten oder ein Auslandssemester zu absolvieren.

In der Vorlesungsfreien Zeit zwischen dem 2. und 3. Semester absolvieren Sie ein mindestens achtwöchiges Praktikum in Deutschland oder im Ausland. Unsere Abteilung Career Services unterstützt Sie bei der Suche nach einem geeigneten Unternehmen.

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