M.Sc. International Management/CEMS MIM

Please keep in mind the year of validity.

2017/18

FACULTY OF MANAGEMENT,

ECONOMICS AND SOCIAL SCI-

ENCES

UNIVERSITY OF COLOGNE

OFFICE OF THE DEAN OF STUDIES

MODULE CATALOGUE

INTERNATIONAL MANAGEMENT

MASTER OF SCIENCE

IN ACCORDANCE WITH THE EXAMINATION REGULATIONS FOR THE SINGLE MAJOR MASTER PROGRAMME IN INTERNATIONAL MANAGEMENT

MODULE CATALOGUE – INTERNATIONAL MANAGEMENT - MASTER OF SCIENCE

ii

PUBLISHED BY: Programme Management Unit of the Faculty of Management, Economics and Social Sciences (“WiSo Faculty”)

EDITED BY:

Prof. Dr. Marc Fischer, Programme Director

Stefanie Weide, Programme Manager

M.A. Alexandra McCormack, CEMS-Programme-Manager

ADDRESS: Albertus-Magnus-Platz, 50923 Cologne

E-MAIL:

[email protected]

[email protected]

INFORMATION CORRECT AS OF: 07.07.2017


iii

Contacts

WiSo Student Services

Advisor(s): Nicole Kienel Dipl. Hdl.

Carina Piek M.Sc.

WiSo Student Services

+49 (0)221 470 8818

[email protected]

International Relations Centre

[email protected]

Programme Manager(s): Stefanie Weide

WiSo Programme Management

M.A. Alexandra McCormack

International Relations Centre

Programme Director: Prof. Dr. Marc Fischer

Marketing Area


iv

List of abbreviations

AS Assignment PRA Practical examination

C Course PRES Presentation

CC Compulsory course SI Studium Integrale

CM Core module SM Specialisation module

CH Contact hours (= time spent in

class) SPM Supplementary module

ECTS Credit point (ECTS) SPW Semester period per week

CS Case study SSt Self-study

EC Elective course TP Term paper

OE Oral examination TPF Time required for preparation and

follow-up

PRP Project report TR Credit points transferred from an-

other university

PCR Practical component report WL Workload

PO Portfolio WT Written test

PR Project


v

Contents

CONTACTS ............................................................................................................... III

LIST OF ABBREVIATIONS ...................................................................................... IV

1 MASTER IN INTERNATIONAL MANAGEMENT (CEMS MIM) ........................... 1

1.1 Content and objectives of the programme ............................................................... 1

1.2 Requirements.......................................................................................................... 1

1.3 Programme structure .............................................................................................. 2

1.4 Integrated Study Abroad Semester: Process .......................................................... 3

1.5 Sample study plan .................................................................................................. 4

2 SUPPORT FOR STUDENTS ............................................................................... 5

2.1 Calculation of the overall mark ................................................................................ 5

2.2 Rules for failed attempts ......................................................................................... 5

2.3 Subject-specific advice and examination advice ...................................................... 6

2.4 Other sources of information and advice ................................................................. 6

3 CURRICULUM AND MODULE DESCRIPTIONS ................................................ 8

3.1 Core and advanced section ..................................................................................... 8

3.2 Specialisation section .............................................................................................. 8

3.3 Supplementary section ............................................................................................ 9

3.4 Master’s thesis .......................................................................................................10

3.5 Module descriptions ...............................................................................................11

3.5.1. Core and advanced section: International Management ......................................11

3.5.2. Specialisation section: International Management ...............................................43

3.5.3 Supplementary section: International Management ..............................................45


1

1 Master in International Management (CEMS MIM)

The Master in International Management (CEMS MIM) prepares students for the challenges

of international competition. The aim of the programme is for students to gradually amass a

profound knowledge of the subjects covered as well as acquiring social skills and the ability

to seamlessly transfer research findings into practice. Cooperation in and with intercultural

teams plays a pivotal role on the programme, and the focus is on a career in a multinational

or global company or institution.

In line with these objectives, the programme has an international outlook and places a strong

emphasis on application in practice. In addition to subjects, skill seminars and business pro-

jects that take an international approach, the programme includes a term at a CEMS institu-

tion of higher education in another country.

1.1 Content and objectives of the programme

An additional modern language is a required part of the curriculum. The programme includes

a term abroad plus practical components, which are conducted in collaboration with busi-

nesses and enable students to apply what they have learnt. This approach ensures that they

amass extensive international and practical experience. The practical nature of the pro-

gramme is underlined by the Business Project (consulting project), carried out in close coop-

eration with a company. There are also special, compulsory seminars on leadership and so-

cial skills. As well as learning the basics of international management, the students special-

ise in another area of Business Administration or Economics offered at the University of Co-

logne.

1.2 Requirements

To be accepted for this master programme, applicants must have successfully completed a

bachelor programme, on which they earned at least 180 ECTS credits, or an equivalent pro-

gramme. They must have obtained an overall mark of at least 2,5 upon completion of said

programme. The programme must also meet the following requirements:

at least 16 ECTS credits in the field of Economics and at least 48 ECTS credits in the

field of Business Administration and/or Management Studies, plus

at least 10 ECTS credits in the field of Statistics and/or Mathematics (methodological

expertise only, no user expertise).


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As today’s international business environment requires the ability to communicate in English,

the programme is delivered entirely in English. Students must prove that they have C1 Level

English skills and a command of a second foreign language defined by CEMS.

In addition to the result of the bachelor programme or the programme recognised as equiva-

lent, the selection process is based on the result of an aptitude test (English-language TM-

WISO or GMAT) and a selection interview conducted in English.

1.3 Programme structure

The programme is divided into four terms. Students spend the first two terms in Cologne,

where they learn the basics of international management. In the second year, one of the

terms is spent on a compulsory placement at one of the CEMS academic partner institutions.

Which term this is depends on capacity. Individual study plans vary depending on which term

the student spends abroad (see the curriculum shown in 3.1).


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1.4 Integrated Study Abroad Semester: Process

The term abroad at one of our CEMS partner universities is an integral part of the pro-

gramme. The Faculty of Economics and Social Sciences is part of the CEMS network, which

is comprised of 29 CEMS partner universities around the globe. Within this network, students

will have the unique opportunity to participate in many international activities and benefit from

an attractive portfolio of international study and exchange programmes.

Students of the CEMS MIM Master’s programme will complete their term abroad during the

second year of their studies and will not be charged tuition fees at the partner university. The

allocation of the exchange semester and university will be finalised in January of the first

year of their studies. The allocation to a partner university will based on the score achieved in

the master application, as well as the optional preference list handed in by each student. The

number of places per CEMS University varies every year according to availability. Details on

the allocation process can be found in this document.

The CEMS Office Cologne (ZIB WiSo) coordinates all activities concerning international co-

operation and exchange for CEMS students. The CEMS Office Cologne will transfer credit

points gained for CEMS core courses completed abroad directly to the Cologne MIM studies.

Credits for certain elective courses may be transferred on request. The respective study plan

depends on which term the student goes abroad (see study plan in 3.1).

https://wisotypo3.uni-koeln.de/sites/international-wiso/CEMS/CEMS_Allocation_to_CEMS_term_abroad.pdf

http://www.international.wiso.uni-koeln.de/cems-cologne/contact/


4

1.5 Sample study plan

1st year: International Management at UoC

Term EC/CC

Module Section ECTS

1 CC Core module: Supply Chain Management Core and advanced 6

1 CC Core module: Corporate Development Core and advanced 6

1 CC Core module: International Financial Management

Core and advanced 6

1 EC 1-2 modules from the supplementary section

Supplementary 12

Total: 30

2 EC 1-2 modules from the supplementary section

Supplementary 12

2 CC Specialisation module: CEMS Case Studies

Specialisation 12

Total: 24

2nd year: CEMS year (semester abroad in term 3 or 4)

3 CC Core module: Global Strategy Core and advanced 6

3 CC Core module: Leadership and Business Skills

Core and advanced 6

3 EC 2 or 3 modules from the electives Core and advanced 12-18

(3 CC Master’s thesis Master’s thesis 15)

Total: 24-45

4 CC Core module: Global Management Prac-tice

Core and advanced 6

4 CC Specialisation module: CEMS Business Project

Specialisation 15

(4 EC 1 module from the electives Core and advanced 6)

(4 CC Master’s thesis Master’s thesis 15)

Total: 21 - 32


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2 Support for students

2.1 Calculation of the overall mark

The marks for each examination are determined by the respective examiners. The overall

mark for the master degree combines the marks for the various categories, weighted based

on the respective number of ECTS credits attainable and each section’s contribution towards

the overall mark for the examinations for which marks are given. The marks for the subject

categories are calculated as the mean of the examination results in line with the weighting for

each examination in terms of the ECTS credits it contributes to the overall mark for the ex-

aminations in the respective section for which marks are given. If the result of a module ex-

amination is calculated based on several components, the mark is calculated based on a

weighting given in the module description. The overall mark for the degree is calculated as

the weighted arithmetic mean of the marks for the subject categories and the mark for the

master’s thesis. On the International Management programme, the weighting for the contri-

butions to the overall mark are as follows:

a) Mark for core and advanced subjects: 48 of 114 ECTS credits

b) Mark for specialisations: 27 of 114 ECTS credits

c) Mark for supplementary subjects: 24 of 114 ECTS credits

d) Mark for master’s thesis: 15 of 114 ECTS credits.

2.2 Rules for failed attempts

Students may retake module examinations that they have failed. The number of attempts is

limited to three per module. Modules offered by faculties other than the Faculty of Manage-

ment, Economics and Social Sciences (“WiSo Faculty”) may be subject to different rules.

In addition, a further two resit attempts can be granted to students at any point of the

programme. If they wish to take additional resits, they must apply to do so in writing to the

WiSo Examination Office within three months of their examination result being announced. If

a student’s application is approved, the additional examination attempt must take place

within twelve months. Students who have accumulated at least 90 ECTS credits shall be

granted a further additional attempt. If a student fails an examination in the two additional

attempts and the extra attempt for students with 90 points or more, they are deemed to have

failed the programme at the final attempt. However, students may only apply for additional

attempts beyond the initial three attempts if none of the first three examination attempts were

failed due to cheating or to an offence. We recommend all students who fail the initial three


6

attempts to seek advice from WiSo Student Services before embarking upon an additional

attempt.

Where a module examination consists of several components, the candidate must obtain a

“bestanden” (pass) mark, or at least an “ausreichend (4,0)“ (sufficient) mark, in all of the ex-

amination components. All components marked “mangelhaft (5,0)” or “nicht bestanden” (fail)

must be retaken.

It is not possible to resit module examinations that have already been passed.

A failed master’s thesis can be retaken once, with a new topic. Students must register for

their second attempt within six months of the result of their first attempt being announced.

2.3 Subject-specific advice and examination advice

WiSo Student Services (WiSo-Studienberatungszentrum) provides general advice on

studies, including the possibilities available and the requirements, for all programmes offered

by the WiSo Faculty. It offers subject-specific recommendations concerning students’ study

plan for their first term on the respective programme plus information on the structures of the

various programmes. WiSo Student Services is also the first place to turn to for students with

other questions and problems related to their studies. It can be contacted by phone, in per-

son and, of course, e-mail. Please note the opening hours and contact details on the homep-

age.

Subject-specific advice is provided during the designated times by the University’s faculty

members and associated teaching staff (“akademische Mitarbeiterinnen und Mitarbeiter”)

involved in the teaching on the programme. The designated times are announced by means

of notices in the institutes and on the departments’/institutes’ websites.

Legally binding information concerning examinations and examination procedures is provid-

ed by the WiSo Faculty Examination Offices. These offices also issue transcripts of rec-

ords in German and English, ranking certificates and letters of assignment to the appropriate

term of the programme. Please note the opening hours and contact details on the homep-

age.

2.4 Other sources of information and advice

The WiSo Faculty’s online course catalogue can be found in KLIPS, the campus manage-

ment system used by the University of Cologne. Course enrolment as well as registration for

examination is also managed via KLIPS. In case of questions concerning KLIPS, please con-

tact the KLIPS-Support Team. Important dates and deadlines are published in at the KLIPS

information website of the WiSo Faculty.

https://www.wiso.uni-koeln.de/en/studies/guidance/wiso-student-service/

http://www.wiso.uni-koeln.de/pa.html

https://klips2.uni-koeln.de/co/webnav.ini

http://www.klipsteam.uni-koeln.de/hilfesupport.html?&L=1

http://www.wiso.uni-koeln.de/de/studium/klips/klips-20/

http://www.wiso.uni-koeln.de/de/studium/klips/klips-20/


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International students who study at the WiSo Faculty for part of their programme can turn to

the International Relations Centre (“Zentrum für Internationale Beziehungen” or “ZIB”)

for help with any questions they have. Cologne University students preparing to study abroad

can also contact the ZIB for support. The Centre also runs a variety of summer schools, short

programmes and Business English courses. The services, courses and people to contact

can all be found on the ZIB’s homepage.

The Faculty’s Credit Transfer Centre (Zentrum für die Anrechnung auswärtiger Leis-

tungen) is responsible for recognising credits accumulated in other institutions. This applies

both to credits students have gained at other higher education institutions in Germany or

abroad prior to studying at the WiSo Faculty, and to (advance) transfer of credits that stu-

dents plan to accumulate abroad or have already accumulated abroad as part of a WiSo

Faculty programme. This system makes individual inquiries to departments/institutes and

examination offices unnecessary.

The WiSo Career Service offers advice and support, in cooperation with other partners, for

students from the WiSo Faculty looking for an internship or profession that is right for them. It

also helps them as they plan their career and apply for jobs. In addition, the WiSo Career

Service organises seminars, presentations and special events in cooperation with employers

and external and internal experts.

The WiSo IT Service runs regular courses dealing with standard software and field-specific

programs.

Students who are having difficulties with their studies or their personal lives can seek help

from the Psychosocial Counselling Service run by the Kölner Studentenwerk. In addition

to counselling, it also provides advice on writing and learning skills plus support for pregnant

students and students who have children.

A further service is Nightline Köln, the listening and information helpline run by students for

students at all of Cologne’s institutions of higher education.

https://www.wiso.uni-koeln.de/en/international/

https://www.anrechnungwiso.uni-koeln.de/en

http://www.wiso-career.uni-koeln.de/en

http://www.wiso-it.uni-koeln.de/

http://www.kstw.de/

http://www.nightline.uni-koeln.de/


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3 Curriculum and module descriptions

3.1 Core and advanced section

In accordance with section 28(1), No. 1 of the Examination Regulations, the examination candidate must obtain 54 ECTS credits in the core and advanced section.

Group Module ECTS CC/EC Required

ECTS CEMS Core Core module: Global Strategy 6 CC 36

Core module: Global Management Practice 6 CC

Core module: Supply Chain Management 6 CC

Core module: Leadership and Business Skills 6 CC

Core module: Corporate Development 6 CC

Core module: International Financial Management 6 CC

Elective Specialisation module: Project Management 6 EC 18

Specialisation module: Advanced Strategic Management 12 EC

Core module: CEMS Management Skills 6 EC

Specialisation module: Competition Policy 6 EC

Supplementary module: Behavioral Finance 6 EC

Supplementary module: Organizational Behavior 6 EC

Supplementary module: Consumer Behavior 6 EC

Supplementary module: Introduction to Economic Psychology 12 EC

Specialisation module: Selected Issues in International Management 1 6 EC



Specialisation module: Media and Technology Management: En-terprises, Markets, and Strategies

6 EC

Specialisation module: Marketing II 6 EC

Specialisation module: Selected Issues in Finance III 6 EC

Specialisation module: Selected Issues in Finance IV 6 EC

Specialisation module: Digital Transformation I 6 EC

Specialisation module: Digital Transformation II 6 EC

Specialisation module: Business Ethics 6 EC

Specialisation module: Financial Theory 6 EC

Specialisation module: Strategic Management 6 EC

Studies Abroad in Management I (Master) 6 EC

Studies Abroad in Management II (Master) 6 EC

Studies Abroad in Management III (Master) 6 EC

3.2 Specialisation section

In accordance with section 28(1), No. 2 of the Examination Regulations, the examination

candidate must obtain 27 ECTS credits in the specialisation section.

Group Module ECTS CC/ EC

Required

ECTS

CEMS Exclusives Specialisation module: CEMS Business Project 15 CC 27

Specialisation module: CEMS Case Studies 12 CC


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3.3 Supplementary section

In accordance with section 28(1), No. 3 of the Examination Regulations, the examina-

tion candidate must obtain 24 ECTS credits in a sub-group of the supplementary sec-

tion

Group Module ECTS CC/ EC

Required

ECTS

module: Accounting and Taxation Specialisation module: Operative and Strategic Controlling 12 EC 24

Specialisation module: Value-based Controlling 6 EC

Specialisation module: Selected Issues in Business Taxation I 6 EC

Specialisation module: Financial Accounting 12 EC

Corporate Development Specialisation module: Business Ethics 6 EC 24

Specialisation module: Strategic Human Resource Management 6 EC

Specialisation module: Advanced Business Ethics 12 EC

Specialisation module: Advanced Personnel Econom-ics: The Evaluation of Management Practices

12 EC

Specialisation module: Research in Personnel Economics: In-

centives and Behaviour (Research Track)

6 EC

Specialisation module: Strategic Management 6 EC

Specialisation module: Advanced Strategic Management 12 EC

Finance Specialisation module: Financial Theory 12 EC 24

Specialisation module: Financial Institutions Management 12 EC

Specialisation module: Finance 1 6 EC


Specialisation module: Value-Based Management in Insurance 6 EC



Marketing Specialisation module: Marketing I 6 EC 24

Specialisation module: Marketing III 6 EC

Specialisation module: Marketing IV 6 EC

Specialisation module: Marketing V 12 EC

Specialisation module: Marketing VI 12 EC

Supply Chain Management Core module Simulation 6 EC 24

Core module Optimization 6 EC

Specialisation module: Supply Chain Operations 12 EC

Specialisation module: Supply Chain Innovation 6 EC

Specialisation module: Project Management 6 EC

Specialisation module: Service Management 6 EC

Economics I Core module Microeconomics I 6 CC 18 24

Core module Microeconomics II 6 CC

Specialisation module: Behavioral Economics 6 CC

Specialisation module: Seminar Design and Behavior 6 EC 6

Specialisation module: Seminar Markets and Institutions 6 EC

Specialisation module: Energy Markets and Regulation (Master) 6 EC

Specialisation module: Specific Markets A 6 EC

Economics II Core module Microeconomics I 6 CC 24

Core module Macroeconomics II 6 CC

Specialisation module: Foundations in Macroeconomics, Money and Financial Markets A

6 CC

Specialisation module: Seminar in Macroeconomics, Money and

Financial Markets 6 CC


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3.4 Master’s thesis

The master’s thesis, which carries 15 ECTS credits, is written towards the end of the pro-

gramme. It is intended to show that the student is capable of conducting academic work and

reflecting on a specific problem related to the subject matter covered by the programme, us-

ing the necessary methods and within a specified period. Students must take no longer than

three months to write their master’s thesis. Students have to oblige by the thesis rules and

requirements of their supporting professor. Detailed information concerning the master’s the-

sis is included in the Examination Regulations.

Group master’s theses are also permitted provided a clear distinction between and assess-

ment of each candidate’s contribution is possible. Objective criteria that make a clear distinc-

tion possible, such as sections, page numbers or topics, are used to indicate which student

made which contribution. The total workload required of each group member must exceed

the requirements for individual masters’ theses to an appropriate extent. The difficulty and

content of a group thesis must meet the same requirements as for theses undertaken indi-

vidually and independently. The contribution made by each individual must meet the re-

quirements for masters’ theses.

The master’s thesis must be written in English. During the first six weeks after registration,

students have to hand in an abstract and table of contents to the corresponding department.

CEMS will credit partial ECTS from the master thesis toward its certification as a research

project. Students will have to request a written confirmation by the faculty that they have ful-

filled the requirements of the abstract and content overview within the given timeline. The

students will then hand in this confirmation to receive accreditation for the CEMS certificate.

These partial credits will only be granted if the research paper is verified within the CEMS

year.

For further questions, feel free to contact the CEMS office.


11

3.5 Module descriptions

3.5.1. Core and advanced section: International Management

Core module: Global Strategy

Module code

1979BMBS00

Workload

180

ECTS credits

6

Module Lan-guage

English

Module availability

Fall Term

Duration

1 Term

1 Courses

International Global Strategy

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English

2 Learning objectives

The students...

...acquire a thorough and critical understanding, using applied and research-based methods, of the latest research findings in the area of international business strategy.

...develop solutions and approaches to international business strategy issues working in small, intercultural groups.

...acquire the knowledge and skills required to solve problems in new and unfamiliar situations and apply that knowledge in a multidisciplinary context.

...engage in academic discourse

3 Module content

- Key research questions in international business strategy

- Theoretical approaches in international business strategy

- Developments in the various disciplines involved in international business strategy

- Research designs in International Global Strategy

- Empirical and qualitative research on International Global Strategy issues

4 Teaching and learning methods

Lectures

Exercises

5 Module entry requirements

No recommendations

6 Mode of end-of-module examination

Written test: PO

7 Prerequisites for awarding of ECTS credits

Passing the written test.

8 Other programmes that use the module

- Master International Management core and advanced section

9 Module manager

Univ.-Prof. Dr. Marc Oliver Bettzüge

10 Miscellaneous

Recommended for the 3rd term of studies

CEMS module: Global Strategy


12

Core module: Global Management Practice

Module code

1979BMGM00

Workload

180

ECTS credits

6

Module Lan-guage

English

Module availabil-ity

Spring Term

Duration

1 Term

1 Courses

Global Management Practice

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

…acquire a thorough and critical understanding, using applied and research-based methods, of the latest research findings in the area of Intercultural Communication.

...develop solutions and approaches to intercultural management issues working in small, inter-cultural groups.

...learn to apply in practice the solutions they have developed.

...engage in academic discourse.

3 Module content

- Key research questions in intercultural management

- Theoretical approaches in intercultural management

- Developments in the various disciplines involved in intercultural management

- Research designs in intercultural management

- Empirical and qualitative research on intercultural management issues


Lectures

Exercises


No recommendations


Practical form of examination: PRA


Passing the practical examination.


- Master International Management core section

9 Module manager

Academic Director

10 Miscellaneous

Recommended for the 4th term of studies


13

Core module: Supply Chain Management

Module code

1271BMSC02

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Supply Chain Management (1. term)

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...learn about basic concepts for the realisation of supply chain strategies.

...discuss how process design can be put into practice efficiently.

...analyse and evaluate the application of the methods and concepts in real-life operations.

...explore the operational level of supply chain management.

...apply mathematical methods, which enable them to solve supply chain problems.

...make use of these methods in order to analyse supply chain contracts.

...learn about capacity and revenue management and understand how they are applied in prac-tice.

...apply their knowledge as a team through case studies and exercises and, by doing so, deepen their skills.

3 Module content

- Supply chain strategy

- Supply chain process design

- Network design

- Inventory management

- Contract design

- Capacity and revenue management

- Information processing in supply chains

- Behavioural Operations


Lectures

Exercises


No recommendations


Written test: PO





9 Module manager

Univ.-Prof. Dr. Ulrich W. Thonemann

10 Miscellaneous

Recommended for the 1st term of studies.

This module consists of at least one course which takes place either until the middle of the se-mester (1. term) or from the middle of the semester (2. term). You can find this information in the field “Courses” of the module descriptions. In general midterm of the fall semester ends in De-cember and of the summer semester in May. The appropriate examinations are offered in the middle of the semester often.


14

Core module: Leadership and Business Skills

Module code

1979BMLB00

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Leadership and Business Skills

Contact hours

120 h

Self-Study

60 h

Course Lan-guage

English


The students...

...acquire fundamental management skills.

...apply those skills in case studies.

...reflect on their own notions of leadership and compare them with research findings.

...develop an understanding of the leadership role in different intercultural environments.

3 Module content

- Management skills

- Business skills

- Responsible leadership


Seminar


No recommendations


Combined-type examination: PRES, TP


Passing the combined-type examination.



9 Module manager

Academic Director

10 Miscellaneous

Recommended for the 3rd term of studies

Including: Block Seminar, Business Communication Skill Seminar, Responsible Global Leader-ship Seminar; Skill Seminars


15

Core module: Corporate Development

Module code

1253BMCD02

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Advanced Corporate Development (2. Term)

Contact hours

30 h

Self-Study

150 h

Course Lan-guage

English


The students...

...discuss current corporate development issues (strategy, organisation, HR, business ethics, etc.) of relevance to international companies.

...debate based on the latest research and case studies.

...develop standpoints in group work or independently.

...present and actively discuss the insights they have gained.

...critically assess corporate development approaches of relevance to international companies.

3 Module content

Examples of topics that will be covered include:

- Management, strategy and organisation in multinational companies,

- Drivers of corporate development, such as company and product life cycle, disruptive innova-tion, dynamic capabilities, aspiration levels and performance feedback.


Lectures

Exercises


No recommendations


Combined-type examination: WT (60), PRES



To determine whether the learning objectives for this module have been met, the students are examined through a combination of a written test, in which they must demonstrate that they have deepened their knowledge by assessing and applying knowledge, and a presentation, which requires them to show they have broadened their knowledge by explaining how various issues are interlinked.



9 Module manager

Univ.-Prof. Dr. Mark Ebers

10 Miscellaneous

Recommended for the 1st term of studies.



16

Core module: International Financial Management

Module code

1259BMIF00

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

International Financial Management (1. Term)

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...analyse the financial situation of global-player companies.

...assess securities traded on international financial markets.

...calculate risks in an international context.

...identify ideal combinations of financing options and investment projects.

...illustrate theoretical knowledge using practical examples and recommend courses of action.

3 Module content

- Basics of International Financial Management

- Global financial markets and institutions

- Management of FX Exposure

- Management of multinational companies


Lectures

Exercises


No recommendations


Written test: WT (60)



If the course takes the form of a block seminar, the mode of examination changes from "Written test: WT (60)" to "Combined examination: Presentation and term paper".



9 Module manager

Univ.-Prof. Dr. Thomas Hartmann-Wendels

Univ.-Prof. Dr. Dieter Hess

Univ.-Prof. Dr. Alexander Kempf

Univ.-Prof. Dr. Heinrich R. Schradin

10 Miscellaneous

Recommended for the 1st term of studies



17

Specialization Module Project Management

Module code

Workload

180

ECTS credits

6

Module Language

English

Module availability

ring Term

Duration

1 Term

1 Courses

Project Management

Contact hours

60 h

Self-Study

120 h

Course Language

English


Students...

…understand the strategic relevance of project management across industries.

…learn to apply modern methods of project planning and project execution.

…understand the importance of project complexity, project uncertainty and human behavior in man-aging projects.

…evaluate different project planning and execution approaches for varying project environments. …apply real options thinking to determine the value of uncertain projects.

…recommend project approaches to cope with uncertainty, complexity, and human behavior.

3 Module content

- project definition and scoping

- project risk analysis and risk management

- resource allocation and budgeting

- project scheduling

- project monitoring

- project portfolio management

- managing human behavior in projects


Lectures

Exercises


Recommended: at least 12 ECTS credits from the group Foundation Knowledge


Written test: PO




- Master of Science Business Administration - Accounting and Taxation: Supplementary section Accounting and Taxation

- Master of Science Business Administration - Corporate Development: Supplementary section Cor-porate Development

- Master of Science Business Administration - Marketing: Supplementary section Marketing

- Master of Science Business Administration - Media and Technology Management: Supplementary section Media and Technology Management

- Master of Science Business Administration - Supply Chain Management: Specialisation section Supply Chain Management

- Master of Science International Management: Core and advanced section International Manage-ment ; Supplementary section International Management

9 Module manager

Univ.-Prof. Dr. Fabian Sting

10 Miscellaneous


18

Specialization Module Advanced Strategic Management

Module code Workload

360

ETCS credits

12

Module Language

English

Module availability

Spring Term

Duration

1 Term

1 Lehrveranstaltungen

Advanced Strategic Management

Contact hours

90

Self-Study

270

Course

Language

English

2 Ziele des Moduls und zu erwerbende Kompetenzen

Die Studierenden…

… lernen fortgeschrittene Konzepte und Zusammenhänge des strategischen Managements ken-

nen.

… übertragen theoretische und methodische Kenntnisse auf praktische Fragestellungen der

Strategieforschung.

… schulen analytische Fähigkeiten der strategischen Planung.

3 Inhalte des Moduls

- Current issues in strategic management.

4 Lehr- und Lernformen

Lectures

Exercises

5 Modulvoraussetzungen

Recommended: Specialization Module Strategic Management

6 Form der Modulabschlussprüfung


7 Voraussetzungen für die Vergabe von Leistungspunkten

Passing the combined examination.

The examination ist offered each spring term at the end of the semester.

8 Verwendung des Moduls (in anderen Studiengängen)

9 Modulbeauftragte/r


10 Sonstige Informationen


19

Core module: CEMS Management Skills

Module code

1979SMCM00

Workload

180

ECTS credits

6

Module Language

English

Module availability

Every Term

Duration

1 Term

1 Courses

Management Skills

Contact hours

30 h

Self-Study

150 h

Course Lan-guage

English


The students...

...analyse the social and methodical aspects of management tasks in companies for specific situations.

...can distinguish between and analyse the various management task functions in the areas of leadership, communication, presentation, planning, analysis and reflection.

...define the necessary analytical and organisational tasks within one area of management.

...analyse the requirements for typical management skills from the perspective of one area of management.

...compare suitable approaches and theories based on situational requirements.

...select suitable methods and practise managing the situation using those methods.

…reflect on and assess their own actions and those of others and identify development poten-tial.

...identify any additional requirements and suggest ways of enhancing specific methods.


3 Module content

- Models of leadership, communication, presentation, planning, analysis and reflection

- Rules and techniques for and phases of leadership, communication, presentation, planning, analysis or reflection

- Requirements, influencing factors and make-or-break criteria concerning the social and me-thodical aspects of management tasks

- Disruptive factors and difficulties in the performance of management tasks.

- Typical management task situations


Seminar


No recommendations







9 Module manager

Head WiSo Career Service

10 Miscellaneous

A range of seminars is offered, each focusing on different aspects of management skills.


20

Specialisation module: Competition Policy

Module code

1289SMCP00

Workload

180

ECTS cred-its

6

Module Language

English

Module availability

Spring Term

Duration

1 Term

1 Courses

Competition Policy

Contact hours

60 h

Self-Study

120 h

Course Language

English


Students...

...understand, by applying competition theory models, how competitive markets work.

...discuss the causes of market power and its effects in terms of welfare economics.

...assess and debate cases of competition policy in practice and analyse them based on compe-tition theory.

3 Module content

- Institutional background: competition policy in Germany, the EU and the US

- Market power: theory and measurement

- Unilateral abuse of market power: horizontal and vertical restraints on competition

- Multilateral abuse of market power: cartels and implicit agreements


Lectures

Exercises


No recommendations






- Master Business Administration supplementary section (Corporate Development, Finance, Media and Technology Management, Supply Chain Management)

- Master Business Administration specialisation section (Media and Technology Management)

- Master Economics specialisation section

- Master Political Science supplementary section

- Master Information Systems supplementary section


9 Module manager

Univ.-Prof. Dr. Felix Höffler

10 Miscellaneous


21

Supplementary module: Behavioral Finance

Module code

1320EMBF00

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Behavioral Finance (2. Term)

Contact hours

30 h

Self-Study

150 h

Course Lan-guage

English


The students...

...recognise psychological aspects of the behaviour of individual investors.

...can distinguish between alternative theories and concepts used to explain investment behav-iour.

...apply psychological theories and concepts when analysing specific investment behaviour prob-lems.

...gather results of recent research on selected topics, assess them critically and summarise them.

...present and discuss their findings.

...explain, interpret and forecast investment behaviour based on how individuals and financial markets interact.

3 Module content

- Fundamental psychology of investor behaviour

- Market anomalies

- Risk perception

- False self-assessment (e.g. illusion of control)

- Social influences (e.g. imitation)

- Mood and emotion (e.g. regret)


Seminar


Recommended: Supplementary Module Introduction to Economic Psychology






- Master Business Administration supplementary section (Marketing, Corporate Development)


9 Module manager

Univ.-Prof. Dr. Erik Hölzl

10 Miscellaneous

Compulsory reading will be announced each term.



22

Supplementary module: Organizational Behavior

Module code

1320EMOB00

Workload

180

ECTS credits

6

Module Language

English

Module availability

Fall Term

Duration

1 Term

1 Courses

Organizational Behavior

Contact hours

30 h

Self-Study

150 h

Course Language

English


The students...

...recognise psychological aspects of behaviour in organisations at the level of the individual, the group and the organisation.

...can distinguish between alternative theories and concepts used to explain organisational be-haviour.

...apply psychological theories and concepts when analysing specific challenges in organisa-tions.



...explain, interpret and forecast organisational developments based on how members of man-agement and staff interact.

3 Module content

- Fundamental psychology of organisational behaviour

- Planning and goal-setting

- Motivation

- Conflicts

- Teams

- Leadership


Seminar








- Master Business Administration (Marketing, Corporate Development)


9 Module manager


10 Miscellaneous



23

Supplementary module: Consumer Behavior

Module code

1320EMCB00

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Consumer Behavior (1. Term)

Contact hours

30 h

Self-Study

150 h

Course Lan-guage

English


The students...

...recognise psychological aspects of consumer behaviour.

...can distinguish between alternative theories and concepts used to explain consumer behav-iour.

...apply psychological theories and concepts when analysing individuals’ purchasing decisions and marketing activities.



...explain, interpret and forecast consumer response to companies’ marketing activities.

3 Module content

- Fundamental psychology of consumer behaviour

- Product awareness (e.g. brands)

- Price perception (e.g. special offers)

- Impact of advertising

- Purchasing behaviour (e.g. online shopping)

- Product use

- Product disposal


Seminar








- Master Business Administration supplementary section (Corporate Development, Marketing)


9 Module manager


10 Miscellaneous




24

Supplementary module: Introduction to Economic Psychology

Module code

1320EMIE00

Workload

360

ECTS credits

12

Module Lan-guage

English


Spring Term

Duration

1 Term

1 Courses

Introduction to Economic Psy-chology

Contact hours

60 h

Self-Study

300 h

Course Lan-guage

English


The students...

...recognise psychological aspects of economic contexts.

...can distinguish between alternative theories and concepts used to explain economic activity.

...apply psychological theories and concepts when analysing economics issues.



3 Module content

Selected topics and current issues in economic psychology:

• Basic concepts in economic psychology (e.g., decision anomalies, descriptive decision theories, lay theories of economic concepts)

• Economic psychology and its application in consumer markets, labour markets, and financial markets (e.g., purchase decisions, entrepreneurship, investments)

• Economic psychology and its application in macroeconomic contexts (e.g., tax evasion, unemployment, wealth and happiness)


Seminar

To determine whether the learning objectives for this module have been met, the students are examined through a combination of a written test, in which they must demonstrate that they have deepened their knowledge by assessing and applying knowledge, and a presentation, which requires them to show they have broadened their knowledge by explaining how various issues are interlinked.


No recommendations






- Master Business Administration specialisation section (Media Management)

- Master Business Administration supplementary section (Corporate Development, Marketing)

- Master Economics supplementary section


9 Module manager


10 Miscellaneous



25

Specialisation module: Selected Issues in International Management 1

Module code

1014SIIM01

Workload

180

ECTS credits

6

Module Lan-guage

English


Every fourth term

Duration

1 Term

1 Courses

Selected Issues in International Management 1

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


Students...

...analyse current issues in the field of international management.

3 Module content

- Topics in International Management


Lectures

Exercises


No recommendations







9 Module manager

All areas

10 Miscellaneous

This module consists of at least one course which takes place either until the middle of the semes-ter (1. term) or from the middle of the semester (2. term). You can find this information in the field “Courses” of the module descriptions. In general midterm of the fall semester ends in December and of the summer semester in May. The appropriate examinations are offered in the middle of the semester often.


26


Module code

1014SIIM02

Workload

180

ECTS credits

6

Module Lan-guage

English


Every fourth term

Duration

1 Term

1 Courses

Selected Issues in International Management 2

Contact hours

30 h

Self-Study

150 h

Course Lan-guage

English


Students...

...analyse current issues in the field of international management.

3 Module content



Seminar


No recommendations







9 Module manager

All areas

10 Miscellaneous



27


Module code

Workload

180

ECTS credits

6

Module Lan-

guage

English

Module availabil-

ity

Every fourth term

Duration

1 Term

1 Courses

Contact hours

Self-Studies

Course Language


Students...

…analyse current issues in the field of international management.

3 Module content



Lectures

Exercises


none


Schriftliche Prüfung: PO

7 Prerequisites for awarding of credit points

Passing the written examination


Master International Management core and advanced section

9 Module manager

All Areas

10 Miscellaneous


28

Specialisation module: Marketing II

Module code

1266SMark2

Workload

180

ECTS cred-its

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Retailing (1. Term)

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...develop a profound understanding of current marketing strategies and activities in retail value chains (national/international, physical/online, manufacturer/retailer) on the basis of conceptual and empirical input.

...identify, interpret and discuss tools, frameworks and theories with which to understand, ana-lyse and assess companies’ retail and distribution functions.

...appreciate the significance of the retail function and the retail sector and identify and evaluate current trends and best practice.

...understand the impact of altered consumer behaviour and of technological advances on how the retail function is managed.

...demonstrate the skills they have learned with regard to how the strategy process is applied in retail.

3 Module content

The module includes conceptual and applied elements, including presentations by the students, case studies, discussions and guest speakers from the world of marketing. Students are re-quired to do their own reading independently in addition to attending lectures and participating in exercises.


Lectures

Exercises


Recommended: Basic knowledge of marketing und multivariate methods.






- Master Business Administration specialisation section (Marketing)

- Master Business Administration supplementary section (Accounting, Corporate Development, Media Management, Supply Chain Management)



- Master Economic Education supplementary section

- Master Regional Studies China

- Master Geography

- Master (Economic) Mathematics (Minor Economics)

9 Module manager

Univ.-Prof. Dr. Werner Reinartz

10 Miscellaneous



29

Specialisation module: Selected Issues in Finance III

Module code

1259SMSF03

Workload

180

ECTS cred-its

6

Module Lan-guage

English

Module availability

Fall Term

Duration

1 Term

1 Courses

Financing SMEs

Contact hours

30 h

Self-Study

150 h

Course Lan-guage

English


The students...

... practise engaging in academic debate, based on current issues concerning the financing of SMEs.

… assess the special financing conditions for SMEs.

… analyse the importance of trade credit for business financing.

… assess the advantages of factoring over other forms of financing.

… discuss theoretical models that explain the importance of trade credit and factoring.

3 Module content

- Use of factoring in different countries

- Relevant legislation

- Trade credit theory

- Factoring and moral hazard


Lectures

Exercises


No recommendations







9 Module manager


10 Miscellaneous

The course will not be offered in the fall term 2017/18.



30

Specialisation module: Selected Issues in Finance IV

Module code

1259SMSF04

Workload

180

ECTS cred-its

6

Module

Language

German and English

Module

availability

Fall Term

Duration

1 Term

1 Courses

a) Empirical Corporate Finance (1. term)

b) Empirical Applications in Investments and Finance (2. Term)

Contact hours

a) 60 h b) 60 h

Self-Study

a) 120 h b) b) 120 h

Course Language

a) German and Eng-lish

b) English


Empirical Corporate Finance:

The students…

...prepare company datasets to analyse specific corporate finance related questions and analyse these datasets.

… become familiar with selected econometric methods typically applied in finance and discuss conditions that are necessary in order to use these methods and to resolve possible issues.

… discuss their insights from these analyses within groups.

Empirical Applications in Investments and Finance:

The students…

... understand how statistical methods in finance (investments and asset pricing, corporate fi-nance, market microstructure) are applied by practitioners and scholars and comprehend their economic and theoretical background

… acquire practical experience with data relating to capital markets and corporations and learn how to retrieve the data and how to analyze it with software

… become familiar with econometric methods and learn how to apply them in order to identify causal relations in economic data

… discuss empirical/econometric methods, including their advantages and disadvantages, and learn how to carefully interpret empirical results taking endogeneity concerns into account.

3 Module content

Empirical Corporate Finance:

- Selected econometric techniques, e.g., rolling regressions, panel estimators and time-series models.

- Tests to examine the quality of estimations and forecasts.

- Applications of econometric methods to practical issues.


Lectures

Exercises


Recommended for Empirical Corporate Finance: Basic knowledge of SAS (Specialisation Module Finance 6) ; Recommended for Empirical Applications in Investments and Finance: Basic knowledge in capital market theory and econometrics




Passing the written test for exactly one of the listed courses (student's free selection).


Master of Science Business Administration - Accounting and Taxation: Supplementary section Accounting and Taxation

Master of Science Business Administration - Corporate Development: Supplementary section Corporate Development


31

Master of Science Business Administration - Finance: Specialisation section Finance

Master of Science Business Administration - Marketing: Supplementary section Marketing

Master of Science Business Administration - Supply Chain Management: Supplementary section Supply Chain Management

Master of Science International Management: Core and advanced section International Man-agement

9 Module manager


10 Miscellaneous

Classes may be given exclusively during the first or the second part of the term (refer to KLIPS). Class dates may be announced via KLIPS shortly before the start of the term. Required reading will be announced via KLIPS



32

Specialisation Module Digital Transformation I

Module code

1277SMDT01

Workload

180

ECTS credits

6

Module Lan-guage

English

Module availa-bility

Every term

Duration

1 term

1 Courses

a) Social Computational Media (fall term)

b) Value Creation in the Digital World (spring term)

Contact hours

a) 60 h

b) 60 h

Self-Study

a) 120 h

b) 120 h

Course Lan-guage

a) English

b) English


Students...

… acquire the knowledge to understand the technological trends that are changing the operation of business, restructuring industries and enabling new business models.

…understand and critically evaluate the role of new media in business and society, with a focus on marketing and economic decisions

… assess the value of networks and platforms

… learn from real stories and case studies the different strategies and tactics to create value with digital technologies

… identify the future development of business and society in the light of technological change

3 Module content

Social Computational Media:

1. Methods for the analysis of social media (in particular social and information networks) 2. Theories about social structure and its influence on decision making and opinion for-

mation 3. Diffusion and adoption of products, ideas, and norms 4. Models and methods for the study of the connected economy

Value Creation in the Digital World:

1. Trends and Digital Landscape 2. New business models and platforms 3. New communication channels 4. Customer management in the digital environment 5. Impact of digital technologies on society


Lectures

Exercises


No recommendations




A pass in the written test.


- Master Business Administration specialisation section (Marketing, Media and Technology Man-agement)

- Master Information Systems specialisation section

- Master of Science International Management core and advanced section

9 Contribution to overall mark

10 Module manager

Univ.-Prof. Dr. Jörn Grahl

Univ.-Prof. Dr. Hernán Bruno

11 Miscellaneous


33

Specialisation Module Digital Transformation II

Module code

1277SMDT02

Workload

180

ECTS cred-its

6

When taken?

See curriculum overview

Module availability

Every second term – spring term

Duration

1 term

1 Courses

Data Science for Manage-ment

Contact hours

a) 60 h

Self-Study

a) 120 h

Planned group size


Students...

… know the potential that data-based decision making offers companies

… know fundamental models and methods used in data science and data-based decision making

… use data science on real datasets to answer real problems

… learn how methods and algorithms can be used in practice, and assess how a specific ap-proach should be chosen for a given managerial question

3 Module content

- Correlation and supervised segmentation

- Overfitting

- Similarity and clustering

- Visualizations of model performance

- Analysis of large amounts of text


Lectures

Exercises


No recommendations


Combined examination: WT (60), PRES


Pass in the combined examination



- Master Business Administration core and advanced section (Supply Chain Management)

9 Contribution to overall mark

10 Module manager

Univ.-Prof. Dr. Jörn Grahl

11 Miscellaneous


34

Specialisation Module Business Ethics

Module code

1253SBuEt0

Workload

180

ECTS credits

6

Module Lan-

guage

English

Module

availability

Fall Term

Duration

1 Term

1 Courses

Business Ethics and Continental

Philosophy (1. Term)

Contact hours

60

Self-Studies

120

Course Language

English


The students...

...identify and distinguish between ethically relevant issues based on philosophical approaches.

...discuss normative arguments and use this as a basis upon which to evaluate case studies from

the world of business.

...identify their responsibility as players in companies and other areas of business.

...develop and explain the rationale behind effective strategies for enhancing ethical conduct in

companies.

...accumulate a sound knowledge of philosophical perspectives and ethical debates on business

conduct.

3 Module content

- Ethical approaches and how they are applied in business

- Reflection on current business ethics debates (e.g. concerning globalisation, sustainability,

corporate responsibility, pay systems)

- Independent presentation of approaches developed

- Discussion of case studies from a normative and practical perspective


Lectures

Exercises


No recommendations






MSC Mathematik: WiWi MA Mathe/Wirtschaftsmathe

Master Geographie: BWL Master Geographie

Master Regionalwissenschaften China: BWL MA Reg China

Master Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe

Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Supplementary section

Wirtschaftspädagogik

Master of Science Business Administration - Accounting and Taxation: Supplementary section

Accounting and Taxation

Master of Science Business Administration - Corporate Development: Specialisation section Cor-

porate Development


Master of Science Business Administration - Media and Technology Management: Supplemen-

tary section Media and Technology Management

Master of Science Business Administration - Supply Chain Management: Supplementary section

Supply Chain Management

Master of Science Economics: Supplementary section Economics

Master of Science Gesundheitsökonomie: Supplementary section Gesundheitsökonomie

Master of Science Information Systems: Supplementary section Information Systems

Master of Science International Management: Core and advanced section International Manage-


35

ment; Supplementary section International Management

9 Module manager

Univ.-Prof. Dr. Bernd Irlenbusch

10 Miscellaneous

This module consists of at least one course which takes place either until the middle of the se-

mester (1. term) or from the middle of the semester (2. term). You can find this information in the

field “Courses” of the module descriptions. In general midterm of the fall semester ends in De-

cember and of the summer semester in May. The appropriate examinations are offered in the

middle of the semester often.


36

Specialisation Module Financial Theory

Module code

1259SFiTh0

Workload

360

ECTS credits

12

Module Lan-

guage

English

Module avail-

ability

Every 2. Se-

mester – Fall

Term

Duration

1 Term

1 Courses

a) Capital Market Theory (1. Term)

b) Corporate Finance Theory (1.

Term)

Contact hours

a) 60

b) 60

Self-Studies

a) 120

b) 120

Course Language

a) English

b) English


The students...

...learn about the fundamental concepts of capital market theory.

...analyse capital market players’ decisions.

...develop and discuss capital market models.

...value securities and derivatives.

...discover the various methods that exist for valuing businesses and special assets.

...deepen their knowledge of financial statement analysis so that they can extract information

relevant to valuation from the statements.

...learn about various theories explaining M&A activities and discuss how they can be applied in

real-life situations.

...analyse manager interests in connection with M&As.

...develop and discuss a strategy for defending a company against a hostile take-over.

3 Module content

- Capital markets and consumption decisions

- Decision-making under certainty and uncertainty

- Portfolio theory

- Capital market models

- Valuation of forwards, futures and options.

- Company valuation models (particularly discounted cash flow, residual income, multiples)

- Influence of fiscal policy

- M&A activities and defence strategies

- Accounting aspects and financial implementation of corporate acquisitions


Lectures

Exercises


no recommendations




Passing the written test. Both courses must be attended; the examination refers to topics of both

courses.




37








Master of Science Business Administration - Corporate Development: Supplementary section

Corporate Development

Master of Science Business Administration - Finance: Specialisation section Finance








9 Module manager



Dr. Alexander Pütz

10 Miscellaneous







38

Specialisation Module Strategic Management

Module code

1253SstMa0

Workload

180

ECTS credits

6

Module Lan-

guage

English

Module

availability

Fall Term

Duration

1 Term

1 Courses

Strategic Management (1. Term)

Contact hours

60

Self-Studies

120

Course Language

English


The students...

...understand different explanations for strategic positioning.

...analyse the influence of sectors and corporate resources on the choice of strategy.

...can distinguish between different forms of strategy development.

...apply theoretical knowledge to practical case studies and industry contexts.

3 Module content

- Fundamentals of strategic management

- Strategic positioning

- Strategy processes

- Contexts


Lectures

Exercises


No recommendations















porate Development











39

9 Module manager

Area Corporate Development

10 Miscellaneous







40

Studies Abroad in Management I (Master)

Module code

1014SAIM01

Workload

180

ECTS credits

6

Module Language

depending on course selection


Every Term

Duration

1 Term

1 Courses Contact hours Self-Study Course Language



The students...

...describe approaches to business administration, economics and social sciences from an inter-national perspective.

...explain international issues in the areas of business administration, economics and social sci-ence.

...discuss and compare different theories and approaches in business administration, economics and social science.

...develop new intellectual perspectives with regard to their own education.

...are better equipped to deal with the dynamic, global dimensions of their professional future in an effective manner.

3 Module content

Depending on course selection.



No recommendations


TR






- Master Health Economics specialisation section

9 Module manager

CEMS Programme Manager

10 Miscellaneous

Language: Can be offered in English or in any language possible at the host university.

This module can be studied at a higher education institution in another country. There is a stand-ardised accreditation procedure for such cases. Information about course accreditation (deadlines and procedures) can be obtained from the Credit Transfer Centre (WiSo Credit Transfer Centre: https://www.anrechnungwiso.uni-koeln.de/)

This module can also be taken as part of a summer school organised by the WiSo Faculty. In this case, students must register for the examination in accordance with the rules of the WiSo Faculty prior to embarking on the module.


41

Studies Abroad in Management II (Master)

Module code

1014SAIM02

Workload

180

ECTS credits

6

Module Language



Every Term

Duration

1 Term




The students...






3 Module content




No recommendations


TR






- Master Health Economics specialisation section

9 Module manager


10 Miscellaneous





42

Studies Abroad in Management III (Master)

Module code

1014SAIM03

Workload

180

ECTS credits

6

Module Language



Every Term

Duration

1 Term




The students...






3 Module content




No recommendations


TR






9 Module manager


10 Miscellaneous





43

3.5.2. Specialisation section: International Management

Specialisation module: CEMS Business Project

Module code

1979SMCB00

Workload

450

ECTS cred-its

15

Module Lan-guage

English

Module availability

Spring Term

Duration

1 Term

1 Courses

CEMS Business Project

Contact hours

50 h

Self-Study

400 h

Course Lan-guage

English


The students...

...work on a pre-defined, real-life business project, in which they apply the expertise they have acquired.

...learn, under academic supervision, how knowledge is transferred from research to business.

...take on significant responsibility in a team.

...apply the latest research findings to real-life business issues.

...conduct an applied project independently.

...produce documentation of the methods they use.

…engage in academic discourse.

3 Module content

The Business Project is a consultancy-like project that aims to make a contribution to a case company with analytical results and advice. The main part of the Business Project consists of the student group’s project work process and the group’s interaction with the case company. A num-ber of supplementary input seminars will be held during the semester, providing students with background knowledge and skills that may be applied in the specific setting of their project:

- Kick off meeting

- Mid-term competition

- Final presentation


Project


No recommendations






- Master International Management specialisation section

9 Module manager

Academic Director

10 Miscellaneous

Compulsory reading will be announced each term. The project is conducted in groups of 3-6 students. The project is conducted in collaboration with companies.


44

Specialisation module: CEMS Case Studies

Module code

1979SMCC00

Workload

360

ECTS credits

12

Module Lan-guage

English


Spring Term

Duration

1 Term

1 Courses

a) Case Studies in Accounting

b) Case Studies in Marketing

Contact hours

a) 60 h

b) 60 h

Self-Study

a) 300 h

b) 300 h

Course Lan-guage

a) English

b) English


The students...

...learn how to conduct case studies.

...apply research findings, under academic supervision, to real-life business administration is-sues.

...use the results to derive recommendations for management.

...present their findings in written form and in oral presentations.

...employ practical management skills (teamwork, communication strategies, intercultural collab-oration) in international teams.


3 Module content

Current business administration issues


Seminar


No recommendations




Passing combined-type examination. The student has to choose one course: a) or b).


- Master International Management specialisation section

9 Module manager

Univ.-Prof. Dr. Michael Overesch


10 Miscellaneous



45

3.5.3 Supplementary section: International Management

Specialisation module: Operative and Strategic Controlling

Module code

1016SOSCo0

Workload

360

ECTS credits

12

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

a) Operative Controlling (1. Term)

b) Strategic Controlling (2.Term)

Contact hours

a) 60 h

b) 60 h

Self-Study

a) 120 h

b) 120 h

Course Lan-guage

a) English b) English


The students...

...identify the main controlling strategies.

...learn about different types of interdependency and assess analytical and heuristic methods with which to coordinate said interdependencies.

...deepen their knowledge of different “conventional” cost accounting techniques (including actual and standard costing, full-cost accounting and variable costing).

...learn methods for conducting cost variance analyses.

...examine published financial statement data.

...use linear programming for production planning and dynamic programming for measuring inter-temporal interdependencies.

...examine the benefit of additional information under uncertainty using the concept of “infor-mation value”.

...analyse the principal-agency theory and use controlling instruments to help solve any incentive problems that arise.

...learn the main controlling strategies for solving coordination problems.

...compare the pros and cons of proactive cost management and early cost budgeting.

...examine the more recent instruments of cost management (including lifecycle, target and activi-ty-based costing).

...discuss the basics of benchmarking.

...conduct case studies using the skills they have acquired.

3 Module content

Operative controlling:

- Fundamentals of controlling

- Theory, strategies and methods to support controlling activities

- Controlling instruments

Strategic controlling:

- Introduction to strategic controlling

- Conventional cost management instruments

- More recent cost management instruments

- Benchmarking


Lectures

Exercises


Recommended: Basic knowledge of internal and external accounting, investment, financing and decision theory.




Passing the written test. Both courses must be attended; the examination refers to topics of both courses.


46


- Master Business Administration specialisation section (Accounting)

- Master Business Administration supplementary section (all)

- Master International Management supplementary section





- Master Geography


9 Module manager

Univ.-Prof. Dr. Carsten Homburg

10 Miscellaneous

Relevant reading will be announced at the beginning of each term.

The students deepen the knowledge and techniques learned in class through applied exercises.



47

Specialisation module: Value-based Controlling

Module code

1016SVbCo0

Workload

180

ECTS credits

6

Module Language

English

Module availability

Spring Term

Duration

1 Term

1 Courses

Value-based Controlling

Contact hours

60 h

Self-Study

120 h

Course Language

English


The students...

...identify the disadvantages of traditional financial indicators.

...assess capital market characteristics and their implications in terms of valuation.

...apply investment calculuses to business valuations.

...distinguish between valuation techniques, especially with regard to the underlying assumptions.

...devise estimates for forecasting cash flow and profit and determining cost of capital.

...examine published financial statement data.

...determine business value based on multiplier, DCF and EVA methods.

3 Module content

- Basics of value-based controlling (including traditional financial indicators)

- Characteristics of capital markets

- Effect of capital structure on business value

- Shareholder value approach

- Discounted cash flow (DCF) method

- Value-based indicators

- Implementation of a value-based strategy

- The Ohlson model


Lectures

Exercises


Recommended: Basic knowledge of internal and external accounting, investment, financing and decision theory.






- Master Business Administration Specialisation section (Accounting)

- Master Business Administration Supplementary section (all)

- Master International Management Supplementary section

- Master Economics Supplementary section

- Master Information Systems Supplementary section

- Master Economic Education Supplementary section


- Master Geography


9 Module manager

Univ.-Prof. Dr. Carsten Homburg

10 Miscellaneous


The students deepen the knowledge and techniques learned in class through applied exercises.


48

Specialisation module: Selected Issues in Business Taxation I

Module code

1016SMSB01

Workload

180

ECTS credits

6

Module Lan-guage

English and German


Spring Term

Duration

1 Term

1 Courses

a) Tax Accounting

b) Financial Service and Real Estate Taxation (1. Term)

c) Taxation of Family Business

Contact hours

a) 30 h

b) 30 h

c) 30 h

Self-Study

a) 60 h

b) 60 h

c) 60 h

Course Lan-guage

a) English

b) English

c) German


The students...

...acquire methodological competence in the area of tax law.

...acquire subject expertise to deepen their understanding of tax law.

...learn how to solve new cases using the subject expertise and methodological competence they have acquired.

3 Module content


Lectures


Recommended: Basic knowledge of Business Taxation




Passing the written test. Two courses must be attended; the examination refers to topics of two courses.



- Master Business Administration supplementary section (Accounting, Corporate Development, Finance, Marketing, Media and Technology Management)




- Master Economic Education

9 Module manager

Univ.-Prof. Dr. Michael Overesch

10 Miscellaneous



49

Specialisation module: Financial Accounting

Module code

1016SMFA00

Workload

360

ECTS cred-its

12

Module Lan-guage

English

Module availability

every fourth semes-ter

Duration

1 Term

1 Courses

Financial Accounting

Contact hours

90 h

Self-Study

270 h

Course Lan-guage

English


Students...

... explain how the different financial statements fit together and illustrate the purpose of the un-derlying concepts, assumptions, principals and financial accounting objectives

… distinguish between who develops the standards, who enforces them, who applies them and who uses them with the aim to assess how the legal environment, relevant institutions and stake-holders affect financial statements

… prepare financial statements under IFRS, i.e., record transactions and apply IFRS recognition and measurement rules

… analyse and evaluate what financial statements tell about a business, i.e., analyse financial statements to assess a firm’s current and future performance and risks

… evaluate how accounting discretion (e.g., accounting choices) affects financial statements and determine potential implications for decision-making

… identify, interpret and use relevant information in financial statements for decision-making in financial statement analysis and valuation

Financial statements are the most important source of information about the financial perfor-mance of firms for shareholders, lenders, potential investors and other stakeholders such as employees, suppliers, customers, the government, the media and the general public.

3 Module content

- Conceptual Framework and Financial Statements

- Recording Business Transactions

- Accrual Accounting

- Presentation of Financial Statements

- Internal Control, Cash, and Receivables

- Inventory

- Property, Plant & Equipment and Intangibles

- Investment and International Operations

- Liabilities

- Shareholders’ Equity

- The Statement of Cash Flows

- Financial Statement Analysis and Valuation


Lectures

Exercises


No recommendations








9 Module manager

Jun.-Prof. Dr. Julia Nasev


50

10 Miscellaneous

The module closely follows:

- Financial Accounting: Global Edition: International Financial Reporting Standards by Harrison, Horngren, Thomas, Suwardy (Pearson Higher Education/Prentice Hall, Lon-don, 9th edition)

Further readings:

- Financial Accounting: An Introduction by Weetman (Financial Times/Prentice Hall Pub-lishing, 6th edition)

- Financial Accounting: An Introduction to Concepts, Methods and Uses, by Weil, Schip-per and Francis (Thomson Learning, South-Western, 14th edition)

- Financial Statement Analysis and Security Valuation by Penman (Irwin/McGraw-Hill, New York, 5th edition)

- You will learn the concepts and apply them through examples, textbook cases and financial statements of real companies.

- You are encouraged to read the financial press and share topics related to the material covered in class.

- www.accounting.uni-koeln.de


51

Specialisation module: Business Ethics

Module code

1253SBuEt0

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Business Ethics and Continental Philosophy (1. Term)

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...identify and distinguish between ethically relevant issues based on philosophical approaches.

...discuss normative arguments and use this as a basis upon which to evaluate case studies from the world of business.

...identify their responsibility as players in companies and other areas of business.

...develop and explain the rationale behind effective strategies for enhancing ethical conduct in companies.

...accumulate a sound knowledge of philosophical perspectives and ethical debates on business conduct.

3 Module content

- Ethical approaches and how they are applied in business

- Reflection on current business ethics debates (e.g. concerning globalisation, sustainability, cor-porate responsibility, pay systems)

- Independent presentation of approaches developed

- Discussion of case studies from a normative and practical perspective


Lectures

Exercises


No recommendations






- Master Business Administration specialisation section (Corporate Development)

- Master Business Administration supplementary section (Accounting, Marketing, Media Man-agement, Supply Chain Management)




- Master Health Economics supplementary section



- Master Geography


9 Module manager


10 Miscellaneous

This course provides students with a sound knowledge of philosophical perspectives and ethical debates on business conduct.

This module consists of at least one course which takes place either until the middle of the semes-ter (1. term) or from the middle of the semester (2. term). You can find this information in the field “Courses” of the module descriptions. In general midterm of the fall semester ends in December


52

and of the summer semester in May. The appropriate examinations are offered in the middle of the semester often.


53

Specialisation module: Strategic Human Resource Management

Module code

1253SSHRM0

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Strategic Human Resource Management (2. Term)

Contact hours

60 h

Self-Study

120 h

Course Language

English


The students...

...acquire an understanding of the value contributed by HR work and analyse potential drivers.

...develop standards by which to assess different HR strategies.

...discuss instruments for talent and performance management and develop recommendations for applying them.

...evaluate the interests of different stakeholders based on corporate case studies and can ex-plain the reasons behind them.

...design and evaluate employee surveys.

...analyse HR management indicator systems.

...determine the contribution corporate culture makes to an organisation’s performance.

3 Module content

- Corporate strategy – an economic perspective

- Human capital and value creation

- Talent management and careers

- Performance management

- HR development

- Corporate culture

- Measurement of value contributed and evidence-based HR management


Lectures

Exercises


No recommendations














- Master Geography


9 Module manager

Univ.-Prof. Dr. Dirk Sliwka

10 Miscellaneous

The module teaches students how HR management creates economic value and helps imple-


54

ment corporate strategies.



55

Specialisation module: Advanced Business Ethics

Module code

1253SAdBE0

Workload

360

ECTS credits

12

Module Lan-guage

English


Spring Term

Duration

1 Term

1 Courses

Block I: a) Behavioral Ethics I

Block II: b) Behavioral Ethics II

Contact hours

a) 30 h

b) 30 h

Self-Study

a) 150 h

b) 150 h

Course Lan-guage

a) English

b) English


The students...

...recognise and distinguish between different ethical dilemmas from the perspective of various disciplines (philosophy, psychology, game theory, behavioural economics).

...describe, discuss and assess the latest research findings and methods.

...develop small research projects with other students and evaluate and present the results of the projects.

...independently analyse scientific articles and debate their implications.

3 Module content

- Normative theories from the field of moral philosophy (e.g. consequentialism, deontology and virtue ethics).

- Moral behaviour theories from the fields of economics and psychology (e.g. social preferences, biases and heuristics, bounded ethicality).

- Empirical evidence concerning human decision-making.

- Methods for conducting experimental studies on ethically relevant behaviour.


Lectures

Exercises

Seminar


Recommended: Business Ethics, Microeconomics II: Game Theory, Experimental Methods




The final mark of the module consists of the achievements in the testing elements in equal parts.


a) Pass in the written examination for a Block I course.

b) Pass in the combined examination for a Block II course.




- Master Information Systems


- Master Geography


- Master Economic Education

- Master Regional Studies China (Business Administration)

9 Module manager


10 Miscellaneous

The course covers advanced behavioural research subject matter and methods and teaches students how they can be applied to promote ethics.



56

mester (1. term) or from the middle of the semester (2. term). You can find this information in the field “Courses” of the module descriptions. In general midterm of the fall semester ends in De-cember and of the summer semester in May. The appropriate examinations are offered in the middle of the semester often.


57

Specialisation module: Advanced Personnel Economics: The Evaluation of Management Practices

Module code

1253SAPEc0

Workload

360

ECTS credits

12

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

a) The Empirical Evaluation of Man-agement Practices I (1. Term)

b) The Empirical Evaluation of Man-agement Practices II (2. Term)

Contact hours

a) 60 h b) 45 h

Self-Study

a) 120 h b) 135 h

Course Lan-guage



The students...

...apply evidence-based management strategies.

...design and evaluate laboratory and field experiments concerning management practices.

...determine and evaluate the effect of management instruments, using applied econometric methods.

...conduct empirical reviews of various HR management instruments, using statistical software (Stata, Microsoft Excel).

...independently present and discuss research findings and can back them up.


3 Module content

- The experimental method

- Econometrics and causality

- Measurement of validity and reliability

- Management instruments and business success


Lectures

Exercises

Research Project


Recommended: Basic knowledge of applied econometrics


Combined-type examination: WT (60), PRES, TP


Passing the combined-type examination. Both courses must be attended; the examination refers to topics of both courses.








- Master Geography


9 Module manager


10 Miscellaneous

The module covers key concepts and methods in personnel economics using economic models, experimental studies and field data analysis.

This module consists of at least one course which takes place either until the middle of the se-mester (1. term) or from the middle of the semester (2. term). You can find this information in the


58

field “Courses” of the module descriptions. In general midterm of the fall semester ends in De-cember and of the summer semester in May. The appropriate examinations are offered in the middle of the semester often.


59

Specialisation module: Research in Personnel Economics: Incentives and Behaviour (Research Track)

Module code

1253SMRP00

Workload

180

ECTS credits

6

Module Lan-guage

English


Spring Term

Duration

1 Term

1 Courses

The Economics of Incentives in Or-ganisations (1. Term)

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students

...analyse formal economic models concerning the impact of incentives.

...discuss and compare current behavioural economics theories.

...perform economic model forecasts using game theory strategies.

...assess theoretical concepts based on empirical evidence.

...identify key statements in scientific articles and interpret the results independently.

3 Module content

- Principal/agent models

- Management pay

- Social preferences and reference points

- Incentives in teams

- Incentives in multitasking

- Contests and promotions

- Intrinsic motivation


Lectures

Exercises


Recommended: Knowledge of game theory and applied econometrics

It is recommended that students have gained a minimum of 42 ECTS credits in the core and advanced and/or specialisation section, with a minimum average mark of 2.0.






- Master Business Administration Corporate Development specialisation section

- Master Business Administration supplementary section (all)



9 Module manager


10 Miscellaneous

The module teaches students how incentive systems can be analysed using formal economic models. It also presents the latest research findings on the impact of incentives.



60

Specialisation Module Strategic Management

Module code

1253SstMa0

Workload

180

ECTS credits

6

Module Lan-

guage

English

Module

availability

Fall Term

Duration

1 Term

1 Courses

Strategic Management (1. Term)

Contact hours

60

Self-Studies

120

Course Language

English


The students...

...understand different explanations for strategic positioning.

...analyse the influence of sectors and corporate resources on the choice of strategy.

...can distinguish between different forms of strategy development.

...apply theoretical knowledge to practical case studies and industry contexts.

3 Module content

- Fundamentals of strategic management

- Strategic positioning

- Strategy processes

- Contexts


Lectures

Exercises


No recommendations















porate Development








Master of Science International Management:Core and advanced section International Manage-



61

9 Module manager

Area Corporate Development

10 Miscellaneous







62

Specialization Module Advanced Strategic Management

Module code

Workload

360

ECTS credits

12

Module Lan-

guage

English

Module

availability

Spring Term

Duration

1 Term

1 Courses

Advanced Strategic Management

Contact hours

90

Self-Studies

270

Course Language

English


Die Studierenden…

...lernen fortgeschrittene Konzepte und Zusammenhänge des strategischen Managements ken-

nen.

…übertragen theoretische und methodische Kenntnisse auf praktische Fragestellungen der Stra-

tegieforschung.

...schulen analytische Fähigkeiten der strategischen Planung.

3 Module content

- Current issues in strategic management.


Lectures

Exercises


Recommended: Specialization Module Strategic Management




Passing the combined examination. The examination ist offered each spring term at the end of

the semester.


9 Module manager


10 Miscellaneous


63

Specialisation module: Financial Theory

Module code

1259SFiTh0

Workload

360

ECTS credits

12

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

a) Capital Market Theory (1. Term)

b) Corporate Finance Theory (1. Term)

Contact hours

a) 60 h

b) 60 h

Self-Study

a) 120 h

b) 120 h

Course Lan-guage



The students...

...learn about the fundamental concepts of capital market theory.

...analyse capital market players’ decisions.

...develop and discuss capital market models.

...value securities and derivatives.

...discover the various methods that exist for valuing businesses and special assets.

...deepen their knowledge of financial statement analysis so that they can extract information rele-vant to valuation from the statements.

...learn about various theories explaining M&A activities and discuss how they can be applied in real-life situations.

...analyse manager interests in connection with M&As.

...develop and discuss a strategy for defending a company against a hostile take-over.

3 Module content

- Capital markets and consumption decisions

- Decision-making under certainty and uncertainty

- Portfolio theory

- Capital market models

- Valuation of forwards, futures and options.

- Company valuation models (particularly discounted cash flow, residual income, multiples)

- Influence of fiscal policy

- M&A activities and defence strategies

- Accounting aspects and financial implementation of corporate acquisitions


Lectures

Exercises


No recommendations






- Master Business Administration specialisation section (Finance)

- Master Business Administration supplementary section (Accounting, Corporate Development, Finance, Marketing, Supply Chain Management)






- Master Geography


64


9 Module manager



Dr. Alexander Pütz

10 Miscellaneous



65

Specialisation module: Financial Institutions Management

Module code

1259SFIMa0

Workload

360

ECTS credits

12

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

a) Insurance Economics

b) Risk Management (2. Term)

Contact hours

a) 60 h

b) 60 h

Self-Study

a) 120 h

b) 120 h

Course Lan-guage



The students...

...analyse various risk measures in terms of effective risk/return management.

...apply risk measures to decision-making problems in bank operations.

...assess regulatory standards intended to limit risk.

...are familiar with the methods for measuring market and default risks.

...assess instruments for controlling market and default risks.

...analyse insurance supply and demand.

...can explain information symmetry and asymmetry.

...assess the institutional parameters on insurance markets.

...calculate premiums and reserves in life and indemnity insurance.

3 Module content

1. Risk Management

- Risk control on perfect and imperfect financial markets

- Risk and risk measures - Management of liquidity risk - Management of interest rate risk

- Management of default risk

2. Insurance Economics

- Insurance demand theory

- Production theory in insurance - Market balance in regard to information symmetry and asymmetry - Basics of sector-specific tariff calculation and reserve creation

- Claim settlement - Introduction to solvency standards


Lectures

Exercises


No recommendations














66


- Master Geography


9 Module manager



10 Miscellaneous



67

Specialisation module: Finance 1

Module code

1259SMFi01

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Application of Capital Market Theory (2. Term)

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...put together and implement optimum securities portfolios.

...analyse investment performance and its causes.

...control risks using derivatives.

...create new financial instruments.

...work on practical exercises and case studies to discuss the knowledge and methods learned in class.

3 Module content

- Portfolio theory and practical application thereof

- Performance measurement and attribution

- Trading strategies using derivatives

- Risk management

- Financial engineering


Lectures

Exercises


Recommended: Supplementary Module Financial Theory









9 Module manager


Dr. Alexander Pütz

10 Miscellaneous



68


Module code

1259SMFi09

Workload

180

ECTS credits

6

Module Lan-guage

English


Spring Term

Duration

1 Term

1 Courses

Fixed Income Management (1. term)

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...learn about the institutional framework related to asset management.

...analyse various investment styles and their prospects of success.

...value stock, bonds and combined stock/bond portfolios.

...calculate the risks involved in stocks and bonds.

...weigh the anticipated return against the risk taken in order to ensure professional risk manage-ment.

...compare portfolio management strategies.

... work on practical exercises and case studies to discuss the knowledge and methods learned in class.

3 Module content

- Types of bond and risk factors

- Yield curves

- Bond valuation and management

- Interest rate derivatives


Lectures

Exercises


No recommendations












- Master Geography


9 Module manager


Dr. Alexander Pütz

10 Miscellaneous



69

Specialisation module: Value-Based Management in Insurance

Module code

1259SMVB00

Workload

180

ECTS credits

6

Module Lan-guage

English

Module avail-ability

Fall Term

Duration

1 Term

1 Courses

Value-Based Management in Insurance – Theory and Practice

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


Students...

...learn methods for managing and valuing insurance companies.

...learn methods for value-based management in insurance companies.

...model insurance companies’ cash flows.

...analyse insurance companies’ risk situations.

...assess various methods for calculating capital requirements.

...assess various methods for risk capital allocation.

...learn the fundamentals of asset liability management.

3 Module content

- Introduction to insurance management

- Insurance risk and production technology

- Risk modelling and risk measurement

- Risk management and shareholder wealth

- Risk-based capital allocation

- Decision-making in value-based management

- Trends and challenges in the insurance sector


Lecture

Exercise


No recommendations







9 Module manager


Dr. Muhammed Altuntas

10 Miscellaneous


70


Module code

1259SMFi06

Workload

180

ECTS credits

6

Module Language

English

Module availability

Spring Term

Duration

1 Term

1 Courses

Empirical Finance

Contact hours

60 h

Self-Study

120 h

Course Language

English


The students...

...are familiar with strategies with which to collect, prepare and evaluate corporate data.

...can distinguish between selected econometric methods based on this knowledge.

...interpret analysis strategies in order to evaluate the influence of specific factors on corporate performance.

...independently produce regression analyses for selected applications (e.g. for testing capital market models, estimating capital costs and valuing companies) in exercises and case studies.

...discuss their findings in groups.

3 Module content

- Selected basic and advanced econometric methods, particularly OLS, FGLS, panel and time series

- Test methods for assessing the quality of estimated and forecast results

- Use of regression models as part of analysis of theoretical models and estimation/forecasting of parameters for issues of relevance in the real world


Lectures

Exercises


Recommended: Basic knowledge of statistics








- Master International Management core section




- Master Geography



9 Module manager


10 Miscellaneous


71


Module code

1259SMFi08

Workload

180

ECTS credits

6

Module Lan-guage

English

Module availability

Spring Term

Duration

1 Term

1 Courses

Asset Management (2. Term)

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...learn about the institutional framework related to asset management.

...analyse various investment styles and their prospects of success.

...value stock, bonds and combined stock/bond portfolios.

...calculate the risks involved in stocks and bonds.

...weigh the anticipated return against the risk taken in order to ensure professional risk manage-ment.

...compare portfolio management strategies.

... work on practical exercises and case studies to discuss the knowledge and methods learned in class.

3 Module content

- Investment process and fund design

- Trading strategies for funds

- Risk factors


Lectures

Exercises


No recommendations












- Master Geography


9 Module manager


Dr. Alexander Pütz

10 Miscellaneous



72

Specialisation module: Marketing I

Module code

1266SMark1

Workload

180

ECTS cred-its

6

Module Language

English

Module availability

Spring Term

Duration

1 Term

1 Courses

New Product Management

Contact hours

60 h

Self-Study

120 h

Course Language

English


Students...

...deepen their understanding of fundamental marketing theories, concepts and methods, using specific marketing tools as examples, and gain more advanced skills in assessing marketing activ-ities independently.

...describe theories, concepts and methods for solving decision-making problems in marketing.

...analyse and assess the advantages of alternative decisions, using specific marketing tools as examples.

...formulate and discuss alternative marketing strategies and activities, using specific marketing tools as examples

3 Module content

The module covers elements that are conceptual and applied elements, including presentations by students, case studies, discussions and guest speakers from industry. Students are expected to do their own reading in addition to the lectures and exercises.


Lectures

Exercises


Recommended: Basic knowledge of marketing and multivariate methods


Oral examination: PRES


Passing the oral examination.






- Master Wirtschaftspädagogik supplementary section


- Master Geography


9 Module manager

Univ.-Prof. Dr. Franziska Völckner

10 Miscellaneous


73

Specialisation module: Marketing III

Module code

1266SMark3

Workload

180

ECTS credits

6

Module Lan-guage

English


Spring Term

Duration

1 Term

1 Courses

Services and Media Marketing (2. Term)

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...acquire a wide range of skills with which to manage specific products or services.

...identify, interpret and discuss theories, strategies and methods related to the management of various products/services.

...analyse and assess the planning and implementation of the marketing mix based on examples of specific products/services.

...compare the challenges involved in managing specific products/services and identify and evalu-ate current trends and best practice.

...demonstrate the skills they have learned for managing specific products/services.

3 Module content

The module includes conceptual and applied elements, including case studies, discussions and guest speakers from the world of marketing. Students are required to do their own reading inde-pendently in addition to attending lectures and participating in exercises.


Lectures

Exercises


Recommended: Basic knowledge of multivariate methods.













- Master Geography


9 Module manager

Univ.-Prof. Dr. Marc Fischer

10 Miscellaneous



74

Specialisation module: Marketing IV

Module code

1266SMark4

Workload

180

ECTS credits

6

Module Lan-guage

English


Spring Term

Duration

1 Term

1 Courses

a) Brand Management (1.Term) b) Sustainability in Marketing and

Consumer Behavior (1. Term)

Contact hours

a) 60 h b) 60 h

Self-Study

a) 120 h b) 120 h

Course Lan-guage



The students...

...deepen their understanding of fundamental theories, concepts and methods in marketing, using specific marketing instruments as examples, and consolidate their ability to critically and inde-pendently assess marketing strategies and activities that are based on such theories, concepts and methods.

...describe marketing as the management of assets (e.g. brands) in line with the concept of value-based marketing.

...describe and analyse theories, concepts and methods related to value-based marketing.

...analyse, assess and discuss the advantages of various value-based options that can be taken to manage such assets effectively, using specific marketing instruments as examples.

3 Module content

The module includes conceptual and applied elements, including case studies, discussions and guest speakers from the world of marketing. Students are required to do their own reading inde-pendently in addition to attending lectures and participating in exercises.


Lectures

Exercises


Recommended: Basic knowledge of marketing and multivariate methods.












- Master Geography


9 Module manager


10 Miscellaneous

For course b) Sustainability in Marketing and Consumer Behavior there is only one exam at the end of the first term!



75

Specialisation module: Marketing V

Module code

1266SMark5

Workload

360

ECTS credits

12

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

a) Marketing Performance Manage-ment (1. Term)

b) Customer Relationship Manage-ment (2. Term)

Contact hours

a) 60 h

b) 60 h

Self-Study

a) 120 h

b) 120 h

Course Lan-guage

a) English

b) English


The students...

...develop, based on theoretical and empirical input, a profound understanding of current market-ing strategies and activities to allow them to comprehend, analyse and assess customer relation-ship management in corporate practice and in theory.

...recognise and discuss the theoretical principles behind marketing performance management.

...assess and compare the impact of marketing activities in order to quantify and evaluate it.

...structure and distinguish between the conceptual principles behind customer relationship man-agement and recognise the impact of customer-based marketing activities.

...develop suitable customer management activities for different business contexts.

...assess different approaches to customer assessment and the strategies and activities derived from them.

3 Module content

The module includes conceptual and applied elements, including presentations by the students, case studies, discussions and guest speakers from the world of marketing. Students are required to do their own reading independently in addition to attending lectures and participating in exercis-es.


Lectures

Exercises


Recommended: Basic knowledge of marketing and multivariate methods.










- Master Geography


9 Module manager



10 Miscellaneous



76

Specialisation module: Marketing VI

Module code

1266SMark6

Workload

360

ECTS cred-its

12

Module Language

English

Module availability

Spring Term

Duration

1 Term

1 Courses

a) Business Project

b) Marketing Engineering

Contact hours

a) 30 h

b) 30 h

Self-Study

a) 330 h

b) 330 h

Course Language

a) English

b) English


The students...

...learn how to translate theoretical principles and methods into practice in practical assignments.

...identify and independently work on real-world problems, for which they then present solutions.

...thus develop an understanding of how analytical techniques and models are applied and trans-formed in real-life situations.

...identify and independently solve current real-life marketing problems, using the skills and knowledge they have acquired during the programme.

...understand, analyse and use current research methods.

...recognise and identify currently relevant, real-world marketing challenges.

...present their results and discuss them with other students and industry representatives.

...learn how to work in a team.


3 Module content

The module includes conceptual and applied elements, including presentations by the students, case studies, discussions and guest speakers from the world of marketing. Students are required to do their own reading independently in addition to attending lectures and participating in exer-cises.


Lectures

Exercises

Research Project

Colloquium


Recommended: Basic knowledge of marketing and multivariate methods is an asset.




Passing the combined-type examination. Only one course must be attended; the examination refers to topics of only one course.




9 Module manager




10 Miscellaneous


77

Core module: Simulation

Module code

1271BMSi00

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Supply Chain Simulation (2. Term)

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...are introduced to different simulation methods and techniques.

...use simulation tools in various situations.

...assess the results of different scenarios.

3 Module content

- Process analysis

- Scenario analysis

- Simulation software

- Use of simulation software


Lectures

Exercises


No recommendations


Combined-type examination: PO, PRES




- Master Business Administration core section (Supply Chain Management)


9 Module manager

Univ.-Prof. Dr. Fabian J. Sting

10 Miscellaneous


78

Core module: Optimization

Module code

1271BMOp00

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Supply Chain Optimization (1. Term)

Contact hours

30 h

Self-Study

150 h

Course Lan-guage

English


The students...

...recognise the relationships between the relevant decision variables in production and logistics.

...know how to use IBM ILOG CPLEX Optimization Studio.

...develop practical and theoretically sound proposals for solutions to specific planning problems and can produce the necessary models and data for their solutions.

...are able to implement OR models independently in IBM ILOG CPLEX Optimization Studio.

...develop solutions for complex decision situations using script and meta languages as well.

3 Module content

- Introduction to linear programming

- Introduction to the user interface

- Introduction to the relevant OPL elements

- Creating model and data structures

- External data input and output

- Relaxation of model components

- Efficient modelling

- Logical operators

- Efficient modelling using tuples

- Problem reformulation and model tightening

- ILOG script

- Process control

- Changing model parameters

- Heuristics


Lectures

Exercises


No recommendations


Practical Examination: PRA


Passing the practical examination.


- Master Business Administration core section (Supply Chain Management)


9 Module manager

Univ.-Prof. Dr. Horst Tempelmeier

10 Miscellaneous

In 2017 the course will be offered in German. Compulsory reading will be announced through ILIAS.



79

Specialisation module: Supply Chain Operations

Module code

1271SMSC03

Workload

360

ECTS cred-its

12

Module Language

English

Module availability

Spring Term

Duration

1 Term

1 Courses

Operations Management

Contact hours

120 h

Self-Study

240 h

Course Language

English


The students...

...devise strategies for controlling companies’ operations.

...apply mathematical methods to determine companies’ optimum inventory levels.

...apply these methods in order to optimise contracts between companies.

...are introduced to revenue management methods and use them to analyse various supply chain management issues.

...use their knowledge in case studies devise and discuss their solutions with the rest of the team and compare them with alternative solutions.

...identify behaviour-based aspects in supply chain management.

...use the findings to enhance existing models.

3 Module content

- Inventory management

- Contract drafting

- Capacity and revenue management

- Data processing in supply chains

- Behavioural operations


Lectures

Exercises


No recommendations


Written test: PO




- Master Business Administration specialisation section (Supply Chain Management)

- Master Business Administration supplementary section (Accounting, Corporate Development, Marketing, Media Management, Supply Chain Management)



- Master Information Systems



- Master Geography


9 Module manager

Univ.-Prof. Dr. Ulrich W. Thonemann

10 Miscellaneous


80

Specialisation Module Supply Chain Innovation

Module code

1271SLoMa0

Workload

180

ECTS credits

6

Module Lan-

guage

English

Module

availability

Fall Term

Duration

1 Term

1 Courses

Supply Chain Innovation (2. Term)

Contact hours

60

Self-Studies

120

Course Language

English


Students...

… analyze supply chain innovations, and understand their implications.

…understand the need for innovations for competing supply chains.

… conceptualize supply chain innovation strategies.

… detect and craft approaches as well as responses to disruptive innovations.

… analyze innovation systems to nurture the creative potential operations’ and supply chains’ …

assess the value of supply chain innovation projects

…conceptualize processes for the implementation of innovations

…understand challenges of current technological changes in supply chains

3 Module content

- Innovation strategy in supply chains

- Innovation management in supply chains

- Supply Chain Innovation Processes: Idea generation, idea selection, idea implementation

- Collaborative supply chain innovation

- Applications of supply chain innovation strategy

- Current technological changes and effective supply chain strategies


Lectures

Exercises


Recommended: At least 12 CP in the section Foundation Knowledge (Specialisation Section

SCM)


written test: PO











Master of Science Business Administration - Supply Chain Management: Specialisation section



Master of Science International Management: Supplementary section International Management


81

9 Module manager


10 Miscellaneous







82

Specialization Module Project Management

Module code

Workload

180

ECTS credits

6

Module Lan-

guage

English

Module

availability

Spring Term

Duration

1 Term

1 Courses

Project Management

Contact hours

60

Self-Studies

120

Course Language

English


Students...

…understand the strategic relevance of project management across industries.

…learn to apply modern methods of project planning and project execution.

…understand the importance of project complexity, project uncertainty and human behavior in

managing projects.

…evaluate different project planning and execution approaches for varying project environments.

…apply real options thinking to determine the value of uncertain projects.

…recommend project approaches to cope with uncertainty, complexity, and human behavior.

3 Module content

- project definition and scoping

- project risk analysis and risk management

- resource allocation and budgeting

- project scheduling

- project monitoring

- project portfolio management

- managing human behavior in projects


Lectures

Exercises


Recommended: at least 12 ECTS credits from the group Foundation Knowledge


Written test: PO















9 Module manager



83

10 Miscellaneous


84

Specialisation Module Service Management

Module code

1282SMSM00

Workload

180

ECTS credits

6

Module Lan-guage

English

Module avail-ability

Every 2. Se-mester – Spring Term

Duration

1 Term

1 Courses

Advanced Health Care Manage-ment

Contact hours

60

Self-Studies

120

Course Language

English


Students...

...discuss challenges specific to the service sector.

...analyse methods for strategic decision-making in the service sector.

...devise strategies for optimal management of service companies.

...assess the benefits of theoretical decision models as a means of overcoming conflicting objec-tives.

...apply methods and approaches to case studies.

...discuss selected empirical studies.

3 Module content

- Strategy development and implementation

- Service benchmarking

- Capacity management

- Strategic decision making

- Project Management


Lectures

Exercises


no recommendations






Master of Science Business Administration - Marketing: Specialisation section Marketing



Master of Science International Management: Supplementary section International Management

9 Module manager

Univ.-Prof. Dr. Ludwig Kuntz

10 Miscellaneous


85

Core module: Microeconomics I

Module code

1289BMMi01

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Microeconomics I: Demand, Supply, Equilibria

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


Students...

...are familiar with the fundamental definitions and concepts in microeconomics.

...identify how demand, supply and pricing work on perfect competition markets.

...solve microeconomic problems.

...analyse microeconomic models.

3 Module content

- Budget theory

- Company theory

- Competitive market theory

- General equilibrium theory

- Welfare economics


Lectures

Exercises


No recommendations






- Master Business Administration supplementary section (Corporate Development, Finance, Media Management, Supply Chain Management)

- Master Economics core section




- Master Regional Studies China (Economics)

- Master Regional Studies Latin America (Economics)

- Master Regional Studies East and Middle Europe (Economics)

- Master Geography (Economics)


9 Module manager


10 Miscellaneous


86

Core module: Microeconomics II

Module code

1289BMMi02

Workload

180

ECTS credits

6

Module Language

English

Module availability

Spring Term

Duration

1 Term

1 Courses

Game Theory

Contact hours

60 h

Self-Study

120 h

Course Language

English


The students...

...acquire basic knowledge of game theory.

...understand where game theory can be applied in political and social science.

...identify the links between game theory and experimental economics.

3 Module content

- Non-cooperative game theory

- Games in normal form

- Games in extensive form, with perfect and imperfect information

- Finitely and infinitely repeated games

- Cooperative game theory

- Kern, Shapley value, negotiation solutions

- Evolutionary game theory

- Introduction to social choice theory and elections

- Condorcet’s paradox, Arrow’s theorem


Lectures

Exercises


No recommendations






- Master Business Administration core section (all)

- Master Business Administration supplementary section (Supply Chain Management, Corporate Development, Finance, Media Management)




- Master Sociology supplementary section







9 Module manager

Univ.-Prof. Dr. Bettina Rockenbach

10 Miscellaneous


87

Specialisation module: Behavioral Economics

Module code

1289SMBE00

Workload

180

ECTS cred-its

6

Module Lan-guage

English

Module availability

Fall Term

Duration

1 Term

1 Courses

Behavioral Economics

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...are able to understand behavioural models and follow formal arguments.

...can apply microeconomic concepts.

...are able to challenge arguments.

3 Module content

Using the concept of the homo economicus, the module presents behavioural theory concepts that are based on findings from empirical and experimental research. The lectures provide an introduction to bounded rationality theories, focusing on those theories’ criticism of the homo economicus concept.


Lectures

Exercises


Recommended: Core modules in Microeconomics









- Master Sociology supplementary section


9 Module manager


10 Miscellaneous


88

Specialisation module: Seminar Design and Behavior

Module code

1289SMSD00

Workload

180

ECTS credits

6

Module Lan-guage

English


Every Term

Duration

1 Term

1 Courses

Seminar Design and Behavior

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...independently investigate current issues in research and applied practice in design and behav-ioural economics, applying the microeconomic knowledge they have acquired on the programme.

...critically study the theoretical and practical literature on the subjects.

...summarise their findings in a written paper, present their results and discuss them with the other seminar participants.

3 Module content

Current issues in design, behavioural and experimental economics


Seminar


No recommendations








9 Module manager


10 Miscellaneous



89

Specialisation module: Seminar Markets and Institutions

Module code

1302SMSI00

Workload

180

ECTS credits

6

Module Lan-guage

English


Every Term

Duration

1 Term

1 Courses

Seminar Markets and Institu-tions

Contact hours

30 h

Self-Study

150 h

Course Lan-guage

English


The students...

...discuss the current issues in theory and applied practice, applying the microeconomic knowledge they have acquired on the programme.

...read the theoretical and practical literature on the subject and discuss it in a critical manner.

...summarise their findings in an essay, present them in class and discuss them with the other participants.


3 Module content

Current issues relating to microeconomic theory, empirical microeconomics, experimental eco-nomics, markets and institutions in general.


Seminar


No recommendations







- Master International Management Supplementary section

9 Module manager

Univ.-Prof. Dr. Felix Höffler

Univ.-Prof. Dr. Johannes Münster

Univ.-Prof. Dr. Susanne Prantl

Univ.-Prof. Achim Wambach, Ph.D.

10 Miscellaneous


90

Specialisation module: Energy Markets and Regulation (Master)

Module code

1289SMER02

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Energy Markets and Regulation

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...acquire the skills necessary for work in the media, parties, research institutes, banks and other institutions where a good understanding of energy markets and regulation is useful. The module prepares students for more advanced research in these areas.

...become familiar with empirical facts and main institutions related to the subject matter dealt with and can assess them critically to determine their relevance.

...study the theoretical, empirical and applied literature on said subject matter.

...discuss and assess the subject matter dealt with, using the economic knowledge they have gained on the programme.

3 Module content

- Economic and technical fundamentals of the energy sector

- Energy markets

- Functioning of the electricity market

- Transmission grids

- Regulation


Lectures

Exercises


No recommendations






- Master Business Administration supplementary section (Media Management, Supply Chain Management)





9 Module manager


10 Miscellaneous


91

Specialisation module: Specific Markets A

Module code

1289SMSM01

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Media Economics (Markets & Insti-tutions)

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...study methods used in business and economics o analyse specific markets, such as healthcare or media markets.

...acquire a range of instruments to help them answer questions in connection with these mar-kets.

3 Module content

- The relevant players on these markets, their objectives and constraints.

- Interaction between these players.

- Market equilibrium, efficiency and friction.


Lectures

Exercises


No recommendations











9 Module manager

Univ.-Prof. Dr. Johannes Münster

10 Miscellaneous


92

Core module: Microeconomics I

Module code

1289BMMi01

Workload

180

ECTS credits

6

Module Lan-guage

English


Fall Term

Duration

1 Term

1 Courses

Microeconomics I: Demand, Supply, Equilibria

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


Students...

...are familiar with the fundamental definitions and concepts in microeconomics.

...identify how demand, supply and pricing work on perfect competition markets.

...solve microeconomic problems.

...analyse microeconomic models.

3 Module content

- Budget theory

- Company theory

- Competitive market theory

- General equilibrium theory

- Welfare economics


Lectures

Exercises


No recommendations
















9 Module manager


10 Miscellaneous


93

Core module: Macroeconomics II

Module code

1302BMMa02

Workload

180

ECTS credits

6

Module Language

English

Module availability

Spring Term

Duration

1 Term

1 Courses

Macroeconomics II

Contact hours

60 h

Self-Study

120 h

Course Language

English


The students...

...learn about the main macroeconomic models for price rigidity, unemployment and inflation.

...verify the models based on appropriate empirical data.

...derive recommendations for economic policy.

...assess the recommendations by scrutinising the prerequisites for them.

3 Module content

- Price rigidities: exogenous price rigidities, microfoundations of price rigidities

- Unemployment: efficiency wages, employment contracts, search unemployment

- Inflation and monetary policy: aims of monetary policy, optimum monetary policy, time incon-sistency


Lectures

Exercises


No recommendations




Recommended: Macroeconomic I


- Master Business Administration supplementary section (Corporate Development, Finance)










9 Module manager

Univ.-Prof. Michael Krause, Ph.D.

10 Miscellaneous


94

Specialisation module: Foundations in Macroeconomics, Money and Financial Markets A

Module code

1302SMFM04

Workload

180

ECTS credits

6

Module Lan-guage

English


Spring Term

Duration

1 Term

1 Courses

Money and Financial Markets

Contact hours

60 h

Self-Study

120 h

Course Lan-guage

English


The students...

...learn about fundamental theoretical concepts in monetary policy and financial markets at a level that reflects practice.

...apply basic model analysis and policy assessment methods.

...understand key aspects of financial intermediation and how they are regulated as well as how they are linked to macroeconomic issues.

3 Module content

- Central banks and money supply

- Monetary policy instruments

- Money demand concepts

- Monetary transmission

- Financial intermediation and banks

- Financial market imperfections

- Regulation of financial markets and banks


Lectures

Exercises


No recommendations






- Master Business Administration supplementary section (Finance)


- Master International Management



9 Module manager

Univ.-Prof. Dr. Andreas Schabert

10 Miscellaneous


95

Specialisation module: Seminar in Macroeconomics, Money and Financial Markets

Module code

1302SMSF00

Workload

180

ECTS credits

6

Module Lan-guage

English


Every Term

Duration

1 Term

1 Courses

Seminar in Macroeconomics, Money and Financial Markets

Contact hours

30 h

Self-Study

150 h

Course Lan-guage

English


The students...

...acquire the skills needed for jobs requiring independent conceptual work in the field of "Macro-economics, Money and Financial Markets".

...independently investigate current issues in research and applied practice in macroeconomics, money and financial markets and

… apply the theoretical and empirical skills they have acquired on the programme while doing so.

...critically study the theoretical and practical literature on the subjects.

...summarise their findings in a written paper, present their results and discuss them with the other seminar participants.


3 Module content

The content is based on fundamental or current issues and covers academic work methods.


Seminar


No recommendations








9 Module manager

Univ.-Prof. Dr. Andreas Schabert

10 Miscellaneous


96

3.5.4 Master’s International Management

Master’s Thesis in International Management

Module code

1014MaIM00

Workload

450

ECTS credits

15

Module Language

English

Module availability

Every Term

Duration

1 Term

1 Courses

Master’s thesis

Contact hours

15 h

Self-Study

435 h

Course Language

English


The students...

...are familiar with current debate on international management theory and methods and make use of it through their own independent research work.

...identify questions and issues that meet academic requirements.

...work on these questions independently, using the main primary and secondary literature.

...formulate theoretical and methodical (qualitative and/or quantitative) approaches to academic research.

...draw up a research plan and implement it independently.

...organise and design an academic research process.

...independently collect relevant data and evaluate them in a methodically competent manner.

...discuss theoretical and methodical problems in depth with teaching staff, other students and persons with an interest in the field.

...critically assess research findings and derive conclusions from them that are relevant to re-search and society.

3 Module content


Master’s thesis



Written test, 3 month




9 Module manager

All areas (Jr.-Prof) ZIB

10 Miscellaneous

Documents

M.Sc. International Management/CEMS MIM