Finance & Management (B.Sc.)

Vorlesungssprache Englisch Studienstart Winter Dauer 6 Semester
ECTS 180 Studienform Vollzeit Abschluss Bachelor of Science
Auslandssemester integriert Praktikum integriert Campus Köln
Gebühren (Köln) 895 €* Finanzierung Mehr dazu >>
*Die angezeigten Preise verstehen sich als monatliche Gebühr. Informationen zu den Studiengebühren für Nicht-EU-Studierende finden Sie auf der allgemeinen Informationsseite zu den Studiengebühren. Stand: Januar 2020.

Studienverlaufsplan

Semester 1 Semester 2 Semester 3 Semester 4 Auslandssemester Semester 6

Business Operations
3 ECTS

  • Global Markets
  • Internal Environment
  • Management, Leadership & Motivation
  • Business Function: HR
  • Business Function: Operations
  • Business Function: Marketing
  • Business Function: Finance and Accounting
  • Entrepreneurship
  • Business Ethics and CSR
  • Emerging Business Trends

Business Law
3 ECTS

  • Survey on different legal systems and the harmonizing effect of EU Law
  • Concluding a contract
  • Different types of contracts and their typical features
  • Performance and obligations
  • Solving problems (e.g. failure to perform, liabilities)
  • Safeguarding creditors’ rights
  • Forms of business organizations

Financial Mathematics
3 ECTS

  • Introduction to functions, graphs and interpretations
  • Understanding Derivatives
  • Applications of Derivatives
  • Understanding Differential Equations
  • Applications of Differential Equations
  • Understanding Logarithms
  • Applications of Logarithms

Business Statistics
3 ECTS

  • Introducing data and statistics
  • Descriptive statistics and exploratory data analysis
  • Introduction to probability theory
  • Discrete and continuous probability distributions
  • Sampling and sampling distributions
  • Hypothesis development and testing
  • Simple linear regressions

Financial Accounting
3 ECTS

  • Formal rules and assumptions, national law, IFRS, US-GAAP
  • The system of financial statements and accounts
  • Accounting for services and merchandising
  • Receivables
  • Plant, natural and intangible assets
  • Liabilities
  • Owner’s equity of corporations
  • Value-added tax
  • Basic ratio analysis

Applied Financial Accounting
3 ECTS

  • The purpose of accounting
  • Formal rules and assumptions, national law, IFRS, US-GAAP
  • The system of financial statements and accounts
  • Accounting for services and merchandising
  • Inventory valuation
  • Receivables
  • Plant, natural and intangible assets
  • Liabilities
  • Owner’s equity of corporations
  • Value-added tax
  • Accrual accounting

Marketing
3 ECTS

  • Marketing in Context of Corporate Strategies
  • Internal Analysis and Marketing Environment
  • Marketing Environment
  • Consumer Buying Behaviour
  • Market Segmentation
  • Strategic Brand Management
  • Marketing Instruments
  • Marketing and Sustainability

Human Resource Management
3 ECTS

  • Recruitment and Attraction
  • HR Planning, Controlling & Instruments
  • Training and Employee Development
  • Motivation and Leadership
  • Compensation and Benefits
  • Performance Appraisal and Management
  • Certificate of employment
  • HR Ethics
  • Trends in HRM

Foreign Language
4 ECTS

The focus of the module is on introducing language for both business and academic study purposes. The aim of the courses are to build competencies in a second foreign language (e.g. Spanish, French, Chinese) either in continuation of their prior knowledge or at a beginners’ level. Next to the second foreign language the moduls 19 and 20 (first and second semester) contain a Business English course.

Personal Skills
2 ECTS

Soft skills courses help students to develop interpersonal skills. These courses aim to enable the students to develop and/or strengthen relevant skills that are of particular interest to them or that are seen as a prerequisite for employee selection in particular work sectors. Courses are offered in the fields of

  • Scientific Working and Study Skills
  • Rhetoric and Presentation Skills
  • Business and Society

International Financial Reporting Standards
6 ECTS

  • Organisation of the IASB
  • Conceptual framework of the IASB
  • Current projects of the IASB
  • The financial reporting environment, presentation of financial statements
  • Special problems to do with revenue recognition
  • Special problems to do with recognition and measurement of financial instruments
  • Accounting for lease in accordance with IFRS
  • Special questions of accounting for tangible assets in accordance with IFRS
  • Special questions of accounting for intangible assets in accordance with IFRS
  • Special questions of accounting for intangible assets in accordance with IFRS
  • Consolidation of intercompany results

Microeconomics
3 ECTS

  • Introduction into microeconomic models
  • Consumer theory
  • Competitive markets
  • Market failure:
  • Market power and monopoly
  • Oligopoly and monopolistic competition
  • Asymmetric information
  • Introduction to game theory

Applied Microeconomics
3 ECTS

  • Introduction into microeconomic models
  • Consumer theory
  • The theory of the firm
  • Competitive markets
  • Market failure
  • Market power and monopoly
  • Oligopoly and monopolistic competition
  • Externalities
  • Asymmetric information
  • Introduction to game theory

Market Research
3 ECTS

  • Introduction to Market Research
  • Defining the marketing research problem and developing an approach
  • Research design
  • Secondary Data
  • Scaling and sampling
  • Fieldwork and Data preparation
  • Basic data analysis (how to use it)
  • Report preparation and presentation

Cost Accounting
3 ECTS

  • Rationales of cost accounting
  • Simplistic methods of overhead allocation
  • Activity-based costing
  • Overcapacity costing
  • Joint product costing
  • Overhead analysis sheet
  • Concepts of relevant cost and revenue
  • Budgeting

Introduction & Applied Finance
6 ECTS

  • Finance: Goals, Functions and Environment
  • Financial analysis and Financial Forecasting
  • Managing Working Capital
  • Sources of Short-Term Financing
  • Capital Markets and Investment Banking
  • Capital Budgeting: The Time Value of Money
  • Capital structure and the Cost of Capital

Foreign Language
4 ECTS

The focus of the module is on introducing language for both business and academic study purposes. The aim of the courses are to build competencies in a second foreign language (e.g. Spanish, French, Chinese) either in continuation of their prior knowledge or at a beginners’ level. Next to the second foreign language the moduls 19 and 20 (first and second semester) contain a Business English course.

Personal Skills
2 ECTS

Soft skills courses help students to develop interpersonal skills. These courses aim to enable the students to develop and/or strengthen relevant skills that are of particular interest to them or that are seen as a prerequisite for employee selection in particular work sectors. Courses are offered in the fields of

  • Scientific Working and Study Skills
  • Rhetoric and Presentation Skills
  • Business and Society

Macroeconomics
3 ECTS

  • Indicators: Gross Domestic Product and its major components, Inflation
  • Labour Markets and unemployment
  • The classical AS-AD model
  • Keynes’ IS-LM Model
  • The basic RBC model
  • Monetary Policy
  • Fiscal Policy

Applied Macroeconomics
3 ECTS

  • Indicators: Gross Domestic Product and its major components, Inflation
  • Labour Markets and unemployment
  • The classical AS-AD model
  • Keynes’ IS-LM Model
  • The basic RBC model
  • Monetary Policy
  • Fiscal Policy

Digital Management
3 ECTS

  • Global competition and the transnational corporation in the global economy
  • Institutions governing competition
  • Formal and informal institutions
  • Organizational designs for multinational companies
  • Location-based aspects: Competitive advantages of countries
  • Organization, local adaptation and the need for standardization
  • Managing people in multinational enterprises
  • Managing expatriates
  • Leadership and management behaviour in multinational companies

International Management
3 ECTS

  • Determinants & dimensions of culture in business
  • Culture & styles of management
  • Culture & corporate structures
  • Culture & corporate strategy
  • Culture and international marketing management
  • Business communication across culture & barriers to intercultural communication
  • Working with international teams
  • Conflicts & cultural differences
  • Developing intercultural communicative competence

Financial Markets & Institutions
3 ECTS

  • Role of Underwriters
  • Understanding Money Markets
  • Introduction to Foreign Exchange
  • Introduction to Bond Markets
  • Introduction to Equity Markets
  • Central Banks and Regulatory Authorities
  • Outlook to the further development of International Financial Markets

Financial Instruments
3 ECTS

  • Overview of various types of fixed income securities, valuation of fixed income securities, understanding bond ratings, securitisation and asset backed securities, risks associated with investing in bonds, understanding yield spreads, interpreting the yield curve, Spot rates and Forward rates, measurement of interest rate risk, bond portfolio management strategies
  • Derivatives instruments; Futures and forwards, option payoffs and options strategies, option valuation techniques

Financial Reporting & Analysis
3 ECTS

  • Key components of a set of domestic and foreign financial statements
  • Techniques of financial analysis (Ratio Analysis, Accounting Analysis, Cash Flow Analysis)
  • Estimating Weighted Average Cost of Capital
  • Computing Free Cash Flows and Interpreting Earnings
  • Valuation

Integrative Case Study
3 ECTS

  • Guide and Strategic Plan to Case study analysis
  • Writing a proper case study analysis report
  • In depth Case Study Analysis with focus on Financial Management

Foreign Language
4 ECTS

The focus of the module is on introducing language for both business and academic study purposes. The aim of the courses are to build competencies in a second foreign language (e.g. Spanish, French, Chinese) either in continuation of their prior knowledge or at a beginners’ level. Next to the second foreign language the moduls 19 and 20 (first and second semester) contain a Business English course.

Personal Skills
2 ECTS

Soft skills courses help students to develop interpersonal skills. These courses aim to enable the students to develop and/or strengthen relevant skills that are of particular interest to them or that are seen as a prerequisite for employee selection in particular work sectors. Courses are offered in the fields of

  • Scientific Working and Study Skills
  • Rhetoric and Presentation Skills
  • Business and Society

Corporate Tax
3 ECTS

The overall aim of this module is to introduce students to the basic concepts of corporate taxation, especially the different types of taxes, transparent and intransparent entities and the value added tax.

Applied Corporate Tax
3 ECTS

  • Corporate Tax
    Taxation of corporations/ enterprises in Germany
  • Type of taxes:
    income tax, wage tax, capital income tax
    corporate income tax / cit
    trade tax
    surcharge
    VAT
  • Tax transparent and intransparent entities:
    Partnerships as transparent entities (Taxable income is attributed to partners
    directly , exemption: trade tax, thi s is taxed on partnership level)
    Corporations as intransparent entities Corporations are separate taxpayers for cit
    and trade tax purposes; in Germany no check the box system )
  • Corporate income tax / trade tax:
    tax base
    tax treatment of dividends

Concepts Of Value & Risk
3 ECTS

  • Introduction: Financial decision making and law of one price
  • Interest rates and quotes
  • Investment decision rules
  • Fundamentals of capital budgeting
  • Capital markets and the risk of pricing
  • Optimal portfolio choice and CAPM
  • Estimating the cost of capital
  • Capital structure in perfect capital markets
  • Financial Distress and restructuring

Applied Financial Management
3 ECTS

  • Objectives of financial decision making
  • Investment principle – risk and return
  • Estimation challenges
  • Capital structure trade-offs
  • Finding the right financing mix
  • Timing and financing choices
  • Sustainability and ethics in finance