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Your studies at a glance: 

The career-qualifying bachelor's degree program "Business Administration with a focus on Finance"  is divided into six semesters. The program has a modular structure and is divided into 25 modules plus a period of practical training abroad and a bachelor's thesis. In this way, you will acquire the necessary skills to meet the expectations and requirements of the job market.

The following figure gives you an overview of the course and the structure of the study program:

Detailed information on the individual study modules

Below we provide you with detailed information on the individual study modules: 

1st semester

Module General Business Administration

The basic module "General Business Administration" first deals with the specifics of business administration as a science before moving on to concepts and approaches of economic thinking and acting in order to recognize, analyze and discuss economic issues on an ongoing basis. This includes business functions such as procurement, production, sales, human resources and financing and initial management concepts. You will learn the basic business methods and instruments and will be able to apply them to simple problems.

Module Business Mathematics

The basic contents of this module are financial mathematics, linear algebra and analysis, with the help of which economic problems are formulated in the language of mathematics. The focus is on questions of financial mathematics in order to interpret and implement results derived from mathematics in an economic way. For this purpose, e.g. net present value calculations, curve discussions, determination of extreme values, elasticities, basics of optimization, linear systems of equations as well as input/output analysis will be used. 

Accounting and Cost Accounting Module

The overall module consists of the two sub-modules "Accounting" and "Cost Accounting". In the sub-module "Accounting", the basic structure of business accounting and bookkeeping, as well as the fundamental relationship between the balance sheet and the income statement are dealt with. In addition, business transactions are mapped using double-entry bookkeeping and annual financial statements are prepared. In the sub-module "Cost Accounting", knowledge of the tasks and instruments of cost type, cost center and cost unit accounting on a full cost basis as well as basic knowledge of direct costing is acquired. This includes the application of the essential instruments of cost type, cost center and cost unit accounting in the context of operational issues.

Law module

Topics of the module are an introduction to private and public law and related to the Civil Code, the General Part, the Law of Obligations as well as the Law of Property. The aim is for you to be familiar with the necessary areas of law and legal matters for future tasks in business and to be able to apply the most important areas of civil law relevant to business law in a practical manner. This includes the skills to independently use the relevant sources of law, to assess business law issues and to solve legal cases.

Personnel and Marketing Module

The module consists of the two sub-modules "Personnel" and "Marketing". The first module deals with the functional basics of human resources management, personnel planning, the design of working conditions, remuneration and remuneration policy, as well as personnel recruitment, selection and development. The sub-module "Marketing" deals with the elements of a management-oriented marketing concept as well as basic instruments and organizational aspects of marketing. This includes the basics of strategic marketing management, methods of market research but also central aspects of product, price, communication and sales policy.

Module Business Informatics

The module consists of the two sub-modules "Theory" and "Practice". The aim of the module as a whole is to become familiar with the operation and most important techniques of current hardware and software and to understand how information and communication technology can serve business management purposes. The most important business applications of information and communication technology are dealt with and simple business methods (e.g. break-even, ABC analysis) are applied in a practice-oriented manner with the help of spreadsheet programs.

 

2nd semester

Module Investment and Financing

The sub-module "Investment" deals with the basic investment and profitability calculations under security and the evaluation of investment alternatives. The procedures of the static investment calculation as well as the procedures of the dynamic investment calculation are discussed and deepened with concrete application examples. In addition, special cases of investment appraisal such as the replacement problem as well as profitability, financial and liquidity planning are dealt with. The mirror-image sub-module "Financing" deals with the instruments of external and internal financing and discusses advantages and disadvantages of different financing alternatives and evaluates selected capital structures.

Accounting and taxation module

In the sub-module "Accounting", the legal origins and the core business statements of (individual) annual financial statements according to national law (commercial and tax law), including the distinction from group accounting and annual financial statements according to international law (IFRS), are discussed. Important business statements of accounting such as balance sheet and income statement are examined and assessed in order to derive economic decisions from them. In the sub-module "Taxation", the fundamentals of corporate taxation are fundamentally dealt with and the tax burden effects associated with business management decisions are determined.

Module Statistics

The module Statistics consists of the sub-modules "Statistics", and "Statistics with Excel". In the context of "Statistics" you will learn the most important concepts, definitions, formulas and methods of descriptive and inductive statistics. This includes, for example, mean values, measures of dispersion and higher moments, index numbers, correlation or regression. You will learn how to analyze collected data (descriptive statistics) as well as how to theoretically and practically apply probability calculation, estimation methods and hypothesis tests. In the sub-module "Statistics with Excel" you will apply the theoretical topics covered in the sub-module "Statistics" in Excel using sample data relevant to business management (e.g. share prices). Theoretical knowledge of statistics will be deepened and additional knowledge of Excel will be taught. This provides you with the application competence for practice-oriented, quantitative methods for the preparation, condensation and analysis of data to improve the quality of decision-making in business administration functional areas.

Module Economics

Learning objectives of the submodule "Economics" are the knowledge and understanding of the functioning of market economies as well as the economic policy objectives and instruments. This includes the basics of national accounting and economic policy as well as basic macroeconomic explanatory approaches, which are analyzed in short and long term and applied to practical economic policy. In addition, key production technologies are distinguished from one another and market pricing is described and interpreted.

Module Basic Business Skills

In the sub-module "English I - Business Basic", simple to moderately difficult business situations are simulated communicatively (by telephone or in writing). You will train to describe companies, business objects, etc. as well as to analyze basic processes and to reproduce them descriptively using suitable media. In the sub-module "Soft Skills I", appropriate linguistic usage in international contexts is taught and the linguistic registers (business language, everyday language, academic language, student language) as well as regional language phenomena (US English, UK English) are differentiated from each other. Furthermore, the course deals with learning organization and presentation techniques, preparing a short presentation on business topics and presenting it in German and/or English.

 

3rd semester

Module Corporate Finance

The Corporate Finance module consists of the sub-modules "Cash Management and Payment Transactions", "Asset Classes and Investor Behavior" and "Current Developments in the Financial Services Market". The module deals with the cash & management of a company as well as the key figures and techniques required for this. The most important key figures of cash and working capital management are presented, explained and interpreted. In addition, the central asset classes and their respective characteristics are discussed, as well as possible psychological biases in financial decisions and the most important decision traps and manipulations in the context of behavioral finance. Current developments in the financial services market as well as new business models, especially with regard to digitalization, are also taken into account.

Module Customer Relationship and Project Management

The module teaches the various goals and methods, as well as models and the application of current CRM software. The components, analytical, operative, communicative and collaborative CRM are presented and applied using concrete, practical case studies. In the context of project management, students lead a project and contribute to the solution of complex project tasks in a team. In doing so, solutions to problems are formulated and justified both technically and methodically.

Module ERP Systems and Business Analytics

Topics of the submodule "Accounting in SAP ERP" are the handling of the recognized SAP ERP system (navigation) as well as the mapping of various business processes from a business and system perspective. The sub-module "Business Analytics" is about the knowledge and competencies of business analytics, including the integration of strategies, processes and technologies. This generates success-critical knowledge about potentials and perspectives from distributed and inhomogeneous company, market and competitor data. In addition, an understanding of the integration of various modules from the areas of accounting, controlling, logistics is conveyed.

Advanced Business Skills Module

The module aims at empowering students in business life in an international context. In the sub-module "English II - Business in Practice", students discuss specific, current but also critical topics in a results-oriented manner and rehearse, for example, job application procedures in English. The module is rounded off by the sub-module "Soft Skills II - Communication", in which the students learn to prepare a thematically and temporally more extensive presentation or training on business topics from the area of communication/conflict management/negotiation and to present it in German and/or English and to activate participants.

Module Mentor Program

The mentor program serves to help students and full-time lecturers of the program to get to know each other and ensures personal, individual support. On the other hand, initial topic discussions regarding the bachelor thesis are to be held. Another aspect is the discussion of possible problems in the course of studies and finding a supervisor for the internship.

 

4th semester 

  • Financial Institutions 
  • Management techniques and legal framework 
  • International Business Skills
  • Elective module 
  • Scientific work 

5th semester

  • Financial Market Communication 
  • Hedging 
  • Risk Management 
  • Value Creation 

6th semester 

  • Semester abroad or internship 
  • Bachelor's thesis