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Your studies at a glance: 

The professional Bachelor's degree course in Business Administration with a focus on Finance  is divided into six semesters. The course has a modular structure and is divided into 25 modules plus an international or practical phase and a Bachelor's thesis. In this way, you will acquire the necessary practical skills to meet the expectations and requirements of the job market.

The following diagram gives you an overview of the course and structure of the degree programs:

Detailed information on the individual study modules

Below you will find detailed information on the individual study modules: 

1st semester

General Business Administration module

The basic module "General Business Administration" first deals with the special features of business administration as a science before moving on to concepts and approaches of economic thinking and action in order to recognize, analyze and discuss economic issues. This includes business management functions such as procurement, production, sales, personnel and financing as well as initial management concepts. You will become familiar with basic business management methods and tools and will be able to apply these to simple problems.

Business mathematics module

The basic contents of this module are financial mathematics, linear algebra and analysis, which are used to formulate economic problems in the language of mathematics. In particular, the focus is on questions of financial mathematics in order to interpret and implement results derived from mathematics in economic terms. For example, capital value calculations, curve discussions, determination of extreme values, elasticities, fundamentals of optimization, linear systems of equations and input/output analysis are used. 

Bookkeeping and cost accounting module

The overall module consists of the two sub-modules "Bookkeeping" and "Cost Accounting". In addition to the basic structure of business accounting and bookkeeping, the "Bookkeeping" sub-module deals with the fundamental relationship between the balance sheet and the income statement. In addition, operational processes are mapped using double-entry bookkeeping and annual financial statements are prepared. In the "Cost Accounting" sub-module, students learn about the tasks and instruments of cost type, cost center and cost unit accounting on a full cost basis as well as basic knowledge of partial cost accounting. This includes the application of the main instruments of cost element, cost center and cost unit accounting in the context of operational issues.

Legal module

The range of topics covered in this module includes an introduction to private law and public law and relates to the German Civil Code, the general part, the law of obligations and property law. The aim is to ensure that you are familiar with the areas of law and legal matters required for future tasks in business and that you can apply the most important areas of civil law relevant to business law in a practical manner. This includes the ability to use the relevant legal sources independently, assess business law issues and solve legal cases.

Personnel and marketing module

The module consists of the two sub-modules "Human Resources" and "Marketing". The first sub-module deals with the functional basics of human resources management, personnel planning, organization of working conditions, remuneration determination and policy, as well as 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 as well as central aspects of product, price, communication and sales policy.

Business Informatics module

The module consists of the two sub-modules "Theory" and "Practice". The aim of the module as a whole is to familiarize students with the working methods and the most important techniques of current hardware and software and to understand how information and communication technology can serve business purposes. The most important business applications of information and communication technology are covered 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

Investment and financing module

The sub-module "Investment" deals with the basic investment and profitability calculations under certainty and the evaluation of investment alternatives. The methods of static investment calculation as well as the methods of 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 the advantages and disadvantages of different financing alternatives and evaluates selected capital structures.

Accounting and taxation module

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

Statistics module

The statistics module 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 and regression. You will learn how to analyze collected data (descriptive statistics) as well as how to apply probability theory, estimation methods and hypothesis tests in theory and practice. In the "Statistics with Excel" sub-module, you will apply the topics covered theoretically in the "Statistics" sub-module using sample data relevant to business administration (e.g. share prices) in Excel. You will deepen your theoretical knowledge of statistics and also acquire additional Excel skills. This provides you with the application competence for practice-oriented, quantitative methods for processing, summarizing and analyzing data to improve the quality of decision-making in business management functional areas.

Economics module

The learning objectives of the "Economics" sub-module are knowledge and understanding of the functioning of market economies as well as 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 the short and long term and applied to practical economic policy. In addition, central production technologies are differentiated from one another and pricing on markets is described and interpreted.

Basic Business Skills module

In the sub-module "English I - Business Basic", simple to moderately difficult business situations are simulated communicatively (by telephone or in writing). You will practice describing companies, business objects, etc., as well as analyzing basic processes and describing them using suitable media. The "Soft Skills I" sub-module teaches appropriate language skills in international contexts and distinguishes between the different language registers (business language, everyday language, academic language, student language) and regional language phenomena (US English, UK English). Furthermore, students will learn how to organize their learning and presentation techniques, prepare a short presentation on business topics and give it in German and/or English.

 

3rd semester

Corporate Finance module

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 cash & liquidity management of a company and the necessary key figures and techniques are discussed. 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 special features are discussed, as well as possible psychological distortions in financial decisions and the most important decision-making traps and manipulations in the context of behavioral finance. Current developments in the financial services market and new business models, especially with regard to digitalization, are also taken into account.

Customer relationship and project management module

The module teaches the various objectives and methods, as well as models and the application of current CRM software. The components of analytical, operational, communicative and collaborative CRM are introduced and applied using specific, practical case studies. As part of project management, students lead a project and contribute to solving complex project tasks as part of a team. Problem solutions are formulated and justified both technically and methodically.

ERP systems and business analytics module

Topics of the sub-module "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 "Business Analytics" sub-module focuses on knowledge and skills in 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 and logistics is imparted.

Advanced Business Skills module

The module aims to equip students with business skills 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 application procedures in English, for example. The module is rounded off by the sub-module "Soft Skills II - Communication", in which students learn to prepare a more extensive presentation or training course on business topics in the area of communication/conflict management/negotiation and to present it in German and/or English and to activate participants.

Mentorship programs module

The mentorship programs serve to get to know students and full-time lecturers of the degree programs and ensure personal, individual support. On the other hand, initial discussions on topics relating to the Bachelor's thesis should 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 conditions 
  • International Business Skills
  • Compulsory elective module 
  • Scientific work 

5th semester

  • Financial market communication 
  • Hedging 
  • Risk Management 
  • Value Creation 

6th semester 

  • Semester abroad or internship semester 
  • Bachelor's thesis