Controlling | Ludwigshafen University of Business and Society

Profile

The Master's program in Controlling (full-time) is aimed at prospective students who wish to qualify for demanding specialist and management tasks in controlling.

In addition to the fundamentals of controlling, the program also teaches strong skills in strategic and operational corporate management, the interaction of controlling and financial accounting, and the IT knowledge required for this.

Controllers take on different roles in their day-to-day work: they are moderators, consultants, coordinators and sometimes also controllers.

In order to do justice to these roles, the course of study not only trains technical and methodological competence, but also promotes personal and social competence through seminars and presentations.

Study structure

3-semester attendance program with six compulsory modules and four elective modules in two semesters as well as the master thesis in the third semester (lecture days Monday - Saturday).

In the first semester, the students deepen their knowledge in the field of controlling (including IT) and broaden their knowledge in research methodology.

Module	Content
Accounting	Development of a critical understanding of the regulations and implications of international accounting and the diversity of concepts, terminologies and doctrines in internal accounting.
Controlling	Teaching the basic concepts / methods of strategic and operational controlling.
Planning	Case study as a basis for assessing, commenting on and arguing for planning results. Promotion of the ability to independently acquire new knowledge and skills.
Business Analytics	IT toolbox for solving operational decision problems.
Scientific Methods	Teaching skills in scientific work and research methodology by designing small research projects. Management of employee and communication behavior.

Four of the six elective modules must be chosen in the 2nd semester:

Module	Content
Controlling Trends	Sustainability in corporate management and sustainability controlling supplement traditional controlling approaches with social and ecological aspects.
Corporate and risk assessment	Developing a broad and critical understanding of the methods used to assess corporate values and risk structures in order to ensure the sustainable existence of companies.
Performance-oriented corporate management	Imparts knowledge of the value-oriented management of companies.
Project Controlling	Understanding of periodization problems in long-term production. Developing activities that support the coordination and results-oriented alignment of innovation processes.
Consolidated financial statements	Consolidated financial statements from practice are to be read and understood. They are to be scrutinized, dissected and reassembled into information relevant for analysis.
Corporate Finance	To learn about and appreciate financial objectives and fields of action. To learn methods of business and financial planning for startups.

The 3rd semester includes the master thesis with a duration of 6 months.

You want to know more?

I would like to know which events are hidden behind the modules (table with additional information about SWS and ECTS).

I would like to know which contents are hidden behind the events (module handbook).

Career prospects

Areas of responsibility may include:

Advising the company management
Development and maintenance of internal information management
Monitoring and control of operational processes
Development and evaluation of key figures
Analysis and forecasting of business developments
Target/actual comparisons
Budgeting
Monitoring of the internal planning and reporting system
Planning and implementation of strategic measures

Depending on your qualifications and preferences, you can also specialize in one area (organizational controlling, purchasing controlling, sales controlling, project controlling, personnel controlling, etc.).

There are good opportunities for advancement up to the management of a controlling department.

5 reasons for the degree programs

Excellent reputation: The Ludwigshafen University of Business and Society enjoys an excellent reputation in the business world. The Master's degree course in Controlling is known for its high quality and practice-oriented training.

Practicaltraining: The degree programs attaches great importance to imparting knowledge that is relevant to practice. You will be taught by experienced lecturers who have extensive experience in the field of controlling. This gives you a realistic insight into the world of work and prepares you well for a future career.

Network: At the Ludwigshafen University of Business and Society, you will have the opportunity to make valuable contacts. Through events, internships and projects, you will come into contact with companies and experts from the industry. This network can be of great benefit to you later when looking for a job or setting up your own projects.

Interdisciplinary orientation: The Master's degree program in Controlling at the Ludwigshafen University of Business and Society offers a wide range of modules that go beyond pure controlling. You will also acquire knowledge in the areas of financial management, corporate management and strategic management. This will provide you with a holistic education that will open up a wide range of career opportunities.

Career opportunities: Graduates of the Master's degree program in Controlling at the Ludwigshafen University of Business and Society have excellent career prospects. Controlling is a sought-after specialist area in companies in all sectors. With your degree, you will be able to take on responsible positions in controlling departments or in management consulting.

Why Ludwigshafen as a place to study?

The city of Ludwigshafen is located in the middle of the Rhine-Neckar metropolitan region with over 135,000 companies, 800,000 employees and a gross value added of over 62 billion euros. Global companies such as BASF SE, SAP, Roche Diagnostics and Heidelberger Druckmaschinen AG have settled here. Last but not least, a total of 21 universities with their more than 82,000 students ensure a stimulating student life.

LUst on foreign countries?

Ludwigshafen University of Applied Sciences has around 150 partner universities all over the world - in almost all EU countries, but also in the USA, Australia, Taiwan and Korea, for example. Stays abroad in the form of an internship or a semester abroad enable students to acquire a wide range of intercultural skills. The stays abroad can be recognized with credit or on a voluntary basis as an additional semester.

We are of the opinion that a semester abroad is always a plus on your CV and absolutely justifies extending your studies!