Module no.: 40001 SPO version: 31 · Module description Module no.: 40001 SPO version: 31 Page 1 Course of Studies Master of Financial Management Module Name Group Accounting Module

Module description

Module no.: 40001 SPO version: 31 Page 1

Course of Studies Master of Financial Management

Module Name Group Accounting

Module Coordinator Prof. Dr. Reinhard Heyd

Module Type Compulsory Module

Semester 1. Semester

Duration 1 Semester

No. of Lectures 1

Begin of Offer Winter Semester

Credits 5 CP

Workload Contact Time 60 Hours

Workload Self Study 90 Hours

Admission Requirement --

Relevance in Courses of Study

Language German

Learning Goals / Competence

General Remarks This course focuses on the requirements and purposes of group financial statements, the procedures for preparing group financial statements (consolidation processes), presentation of M&A as well as disinvestment activities, group financial statement analysis (financial ratios) and the link between group financial accounting and transfer pricing requirements. Professionalism Main goal is to understand group accounting as part of a comprehensive reporting system with different users, requirements and purposes. Therefore, students learn the theoretical background as well as the practical use of group accounting standards and the analysis for rating, investment and tax purposes. Interdisciplinary Skills Students are encouraged to participate in case studies and field research projects. They have to organize their team work and present results in class.

Module description

Lecture Contents Introduction

Obligation to prepare consolidated financial statements and a group management report

Definition of the scope of consolidation

Group Accounting principles

Accounting processes in the group

Preparation of commercial balance sheets

Capital consolidation, initial and subsequent account consolidation

Debt consolidation

Elimination of interunit profit/loss

Expense and Income consolidation

Proportionate consolidation

Equity Method

Changes in the scope of consolidation

Consolidation in a multistage group

Excursus: Differences between consolidated accounting according to HGB and IFRS

Group Annex

Consolidated cash flow statement, statement of changes in equity, segment reporting

Group Management Report

Payment Report

Consolidated financial statement analysis

Literature Dusemond, Küting, Wirth: Der Konzernabschluss: Praxis der

Konzernrechnungslegung nach HGB und IFRS Brösel: Grundwissen Konzernrechnungslegung nach HGB und IFRS Gräfer Scheld: Grundzüge der Konzernrechnungslegung Baetge, Kirsch, Thiele: Konzernbilanzen Baetge, Kirsch, Thiele: Übungsbuch Konzernbilanzen Scherrer: Konzernrechnungslegung nach HGB Coenenberg, Haller, Schultze: Jahresabschluss und Jahresabschlussanalyse Graumann: Praktische Jahresabschlussanalyse, Durchgängiges Fallbeispiel, Kennzahlengestützte Analyse, Von der Theorie zur Anwendung Latest edition each

Courses / Lectures (LV)

Course no.

Title of the Course / Lecture Lecturer Type1 Semester hours per

week CP

Group Accounting Prof. Dr. Reinhard Heyd V 4 5

1 V Vorlesung

E Exkursion L Labor Ü Übung

S Seminar P Projekt

PR Praktikum K Kolloquium

EX Experiment EL E-Learning

X Nicht fixiert

Bachelor ab SPO 33 (§ 63); Master ab SPO 32

Module description

Module Exam (Voraussetzung für die Vergabe von Leistungspunkten)

Course no.

Type / Length2 Grading Comments

PLK (90) 70%

PLS 30%

Admission Requirement

Good command of German, C2 Level

Comments:

-

Last updated: 29.01.2019 Prof. Dr. Reinhard Heyd

2 PLK

PLS PLM PLA

Schriftliche Klausurarbeiten Hausarbeit/Forschungsbericht Mündliche Prüfung Praktische Arbeit

PLR PLE PLP

Referat Entwurf Projekt

PLL PLF PPR

Laborarbeit Portfolio Praktikum

PLT PMC PLC

Lerntagebuch Multiple Choice Multimedial gestützte Prüfung (E-Klausur)


Module description



Module Name Risk Management & Controlling

Module Coordinator Prof. Dr. Robert Rieg



Duration 1 Semester

No. of Lectures 1


Credits 5 CP





Language German


General Remarks This course focuses broadly on enterprise risk management and control and concentrates on needs of financial managers to establish, maintain and apply risk management systems and risk procedures. It is not intended as a general course in risk for a diverse audience. Therefore students from other master programs are not encouraged to participate. Professionalism Main goal is to understand risk management in a broader context as balancing risk and opportunities. Implementing this idea into a corporate setting requires from students a deeper knowledge of methods and instruments of risk identification, valuation and aggregation. Students learn to build Monte-Carlo simulation models for quantifying risk and opportunities. Interdisciplinary Skills Learn to present analytical results to other subject areas in firms. Learn to cooperate in teams to accomplish a joint mission.

Module description

Lecture Contents 1. Concept and meaning of risks, opportunities and risk management 2. Risk perception 3. Risk measurement 4. Risk-adjusted value 5. Risk measures 6. Decision making under uncertainty and risk (I) 7. Decision making under uncertainty and risk (II) 8. Rrisk identification 9. Rrisk assessment 10. Rrisk reporting 11. Risk management and monitoring 12. Strategic risk management 13. Operational risk management 14. Organisation of risk management 15. Trends in risk management

Literature Vanini, U. (2012), Risikomanagement: Grundlagen, Instrumente,

Unternehmenspraxis, Schäffer-Poeschel, Stuttgart. Gleißner, W. (2017), Grundlagen des Risikomanagements: Mit fundierten Informationen zu besseren Entscheidungen, 3., vollständig überarbeitete und erweiterte Auflage, Vahlen, München.


Course no.


week CP

Risikomanagement und -Controlling Prof. Dr. Robert Rieg P 4 5


Course no.


PLS 100% Report plus essays and case study assignments during the course

Admission Requirement Good Command of German, C2 Level ––

Comments: The course is graded on the final project as well as several cases, essays and other assignments during the course. Therefore successfully finishing this course includes regular attendance and participation.

Last updated: 28.01.2019, Prof. Dr. Robert Rieg; 18.06.2019, Marco Philipp

3 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


4 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description



Module Name Valuation

Module Coordinator Prof. Dr. rer. pol. Ingo F. Scheuermann



Duration 1 Semester

No. of Lectures 1


Credits 5 CP





Language English


Professionalism The students will be taught the ability to carry out comprehensive company valuations. Different methods will be developed and critically questioned. They can analyse the dividend policy and capital structure of a company. In addition, the students can classify the fields of activity of a CFO. Interdisciplinary Skills In the "Corporate Finance" module, case studies must be solved in teamwork. The students can guide the professional development of others and deal with problems in the team with foresight. The results must be presented in plenary sessions (presentation skills). Methodological Expertise Recognised methods of corporate and financial analysis and the interpretation of these analyses are imparted and, in particular, their areas of application explained. Students will also be able to deepen their understanding of the software-based application of the methods and interpret the results.

Lecture Contents 1. Basics of Capital Market Theory

2. Valuation of uncertain Cash Flows (CAPM) 3. Company Valuation I (DCF Method, Adjusted Present Value) 4. Company Valuation II (multiples) 5. Theory of the optimal Capital Structure 6. Dividend policy 7. Impact of Information Asymmetries 8. Mergers & Acquisitions

Module description

Literature Monographs: • Damodaran, A. (2015): Applied Corporate Finance. Wiley: Hoboken,

New Jersey. (Pflichtliteratur) • Copeland, T. / Weston, F / Shastri, K. (2014): Financial Theory and

Corporate Policy. Addison-Wesley: Reading, Massachusetts. • Hull, J. (2012): Options, futures, and other derivatives. Pearson:

Boston / Munich.

Journal Articles: • Miller, M. / Modigliani, F. (1958): The Cost of Capital, Corporation

Finance and the Theory of Investment. The American Economic Review, Vol. 48, No. 3, pp. 261-297.

• Miller, M. / Modigliani, F. (1961): Dividend Policy, Growth, and the Valuation of Shares. The Journal of Business. Vol. 34, No. 4, pp. 411- 433

• Myers, S. (1993): Still searching for the optimal capital structure. Journal of Applied Corporate Finance, Vol. 6, No. 1, pp. 4-14.

• Black, F. / Scholes, M. (1973): The Pricing of Options and Corporate Liabilities. The Journal of Political Economy, Vol. 81, No. 3, pp. 637- 654.


Course no.


week CP

Valuation Prof. Dr. rer. pol. Ingo F. Scheuermann

V, P, Ü

4 5


Course no.


PLP 50 % Written elaboration of the project work

PLR 50 % Presentation of the results of the project work


Language: Proof of English language proficiency (for students whose mother tongue is not English) of at least B2 level.

ECTS: Relevant Bachelor's degree or at least 180 CP in a relevant academic programme.

Comments: The "Valuation" module is a specialization module in the field of corporate finance. It serves as preparation for the compulsory course "Digital Finance" in the second semester.

Last updated: 13.05.2019, Marco Philipp

5 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


6 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description


Course of Studies Master of Financial Mangement

Module Name Corporate Systems Management

Module Coordinator Prof. Dr. habil. Patrick Ulrich


Semester 1. semester

Duration 1 semester

No. of Lectures 1

Begin of Offer Winter semester

Credits 5 CP





Language German


General Remarks - Professionalism The Corporate Systems Management course deals with the design, analysis and change of various systems in business practice. These can be corporate management systems such as internal control systems, incentive systems and compliance management systems, but also other systems. Important is the relation to the corporate structure on the one hand and to information technology on the other hand. Studied speeches get to know the importance of Corporate Management Systems in practice. The participants manage to analyse systems from practice and to design their own systems for special constellations (e.g. industries). You can question practical solutions theoretically in the area of conflict between business administration, psychology and law and weigh theoretical and practical arguments in order to make your own differentiated decision. Particular attention is paid to the comparison of compliance management systems in an international environment and the auditing of these systems by auditors and other consultants. In this way, students expand their knowledge base on the German system of corporate governance. Interdisciplinary Skills The course takes place at the interface of business administration, IT, psychology and law. Students can apply the theories as well as the tools of the trade of these disciplines to Corporate Systems Management and make differentiated judgements. Working in small groups, discussions and case studies increases communication and presentation skills. Argumentation style and logical thinking are promoted through the development of a well-founded seminar paper. The work with deepening scientific sources from different ranges increases the (scientific) problem-solving ability of the participants.

Module description

Lecture Contents Basics of corporate governance, risk and compliance (GRC) Concepts of corporate systems management Principal internal control and compliance functions Compliance management systems (CMS) Situational changes in internal control systems

Literature Ulrich, Compliance-Management, Stuttgart 2019

Hauschka, Corporate Compliance, München 2016 Welge/Eulerich, Corporate Governance-Management, 2. Aufl., Wiesbaden 2014

Additional literature will be named during class.


Course no.


week CP

Corporate Systems Management Prof. Dr. habil. Patrick Ulrich V, S, P, Ü

4 5


Course no.


PLS 100% Written seminar paper of approx. 20 pages (70% of grading) with oral presentation of approx. 20 minutes plus discussion (30% of grading)


-

Comments:

-

Last updated: 04.02.2019, Prof. Dr. habil. Patrick Ulrich

7 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


8 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description



Module Name Quant Data Research Methods




Duration 1 Semester

No. of Lectures 1


Credits 5 CP




Relevant Bachelor's degree or at least 180 CP in a relevant academic program.


Language German


General Remarks Students learn to apply the intermediate quantitative methods from statistics and operations research, which means the application of statistical methods to problems in the broad financial management. A major goal of this course is to encourage students to develop enough confidence with the ideas and techniques of quantitative research to apply them appropriately in their own work. Professionalism Students will be able to competently select suitable methods (possibly in combination) for broadly problems to be encountered in financial management writ large. Methodological Skills The students can competently and confidently assess the formal application requirements (e.g. distribution assumptions) in terms of measurement, reliability and validity in univariate statistical inference as well as linear regression with two regressors. Social skills One can only learn statistics by doing statistics. Students are encouraged to engage in peer instruction activities, distinguishing the different roles that arise in the group.

Lecture Contents Overview of theory and method in the social sciences and data sampling.

Descriptive statistics (graphical methods, location parameters, scattering parameters, cross tabulation, contiguity analysis, correlation analysis, price indices, bivariate linear regression, multiple linear regression)

Inductive statistics (basics of probability theory useful for statistics, statistical interval estimates, statistical tests)

Operations Research, selected areas (game theory, graph theory, queuing models)

Literature Waters (2011), Quantiative Methods for Business

Schuster, Liesen (2017). Statistik für Wirtschaftswissenschaftler

Module description


Course no.


week CP

Quant Data Research Methods Prof. Dr. Andreas Theissler V,ü 4 5


Course no.


PLK 90 100%


Relevant Bachelor's degree or at least 180 CP in a relevant academic program.

Comments:

--

Last updated: 04.06.2019 Marco Philipp

9 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


10 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description



Module Name At Practice I




Duration 1 Semester

No. of Lectures 1


Credits 5 CP



Admission Requirement English Level B2


Language English / German


General Remarks This is an application lecture. Knowledge must be applied to be useful. Each semester, a professor will select an actual, current problematic at a firm, and organize teams to propose solutions to this problematic. Thus, students take on a consultant role and will organise projects, engage in problem-solving processes and provide answers to research questions and critically reflect on the results. Depending on the current research and firm project cooperation, students will have a chance to deal with real problematics like data harmonization in digitization of financial management or data granularity in the controlling competence centers in a local international firms. Professionalism At Practice I, the student will put into practice the central learning objectives of the program and to learn how to solve business problems within financial management area which might involve tools learned from different lectures and also might call upon a novel solution. The acquired professional competencies will result from experiencing holistically the full end-to-end process of business problem solutions: business problem definition, scope sizing, data acquisition for problem analysis, solutions proposals, and evaluation of solutions for implementation cost. The examination form of a project work with a graded project report is the most frequently used form for such forms of practical projects. Interdisciplinary Skills The students master the solution of complex business management problems, the technical discussion and problem solving in groups or as individuals. The students are able to communicate and present their professional (first) knowledge to a circle of experts. Here the skills of self management and self growth will be foregrounded. The ability to define the scope and depth of a problematic to an unstructured issued is a critical factor for success in firms.

Lecture Contents Depending on choice of courses

Module description

Literature Depending on choice of courses (Recommendation: 3 to 5 basic literature references; Explicitly mark additional literature)


Course no.

Title of the Course / Lecture Lecturer Type11

Semester hours per

week CP

At Practice I Dr. Thorsten Stegmaier V,Ü,S,P

4 5


Course no.


PLP 100% Depends on lecturer

Or PLS 100% Depends on lecturer

Admission Requirement English Level of at least B2

Comments:

Different emphases per semester depending on the lecturer.


11 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


12 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



https://de.pons.com/übersetzung/englisch-deutsch/Recommendation

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https://de.pons.com/übersetzung/englisch-deutsch/references

https://de.pons.com/übersetzung/englisch-deutsch/Explicitly

https://de.pons.com/übersetzung/englisch-deutsch/mark

https://de.pons.com/übersetzung/englisch-deutsch/additional


Module description



Module Name Group Taxation

Module Coordinator Prof. Dr. Markus Peter

Module Type Compulsory module


Duration 1 Semester

No. of Lectures 1

Begin of Offer Summer Semester

Credits 5 CP





Language German


General Remarks The students are in a position to develop strategies for the tax-optimal control of the group tax rate and to represent it. Professionalism Students will be able to classify and analyse national and cross-border groups of companies for tax purposes. They can further differentiate between the taxation concepts of a partnership and a corporation, in connection with possible qualification conflicts due to different national classifications. They are able to design special corporate topics, such as dividend or financing policies, and to develop optimal taxation strategies with regard to the corporate tax rate. Interdisciplinary Skills Students will be enabled to independently analyse complex national and international tax issues within a group of companies and will be able to apply or argue in defence of the learned group tax issues.

Module description

Lecture Contents 1. Framework conditions for group taxation 2. Domestic group

a) Appropriate choice of legal form in the domestic group b) Current taxation c) Group structure and restructuring d) Principals of real estate transfer tax

3. Foreign group units a) Foreign activities of the Group units b) Group structure and restructuring

4. Special Group topics a) Dividend policy b) Interest barrier c) Hybrid forms of financing d) Loss utilization in the Group

5. Optimization of the group tax rate

Literature Kessler/ Kröner/ Köhler, Konzernsteuerrecht, in aktueller Auflage

Skript zur Vorlesung Konzernsteuerrecht, in aktueller Auflage

Steuerliche Gesetzestexte, in aktueller Auflage

Steuerliche Richtlinien, in aktueller Auflage

Peter/Stegmaier, Optimierung der Konzernsteuerquote durch Integration

einer europäischen Zwischenholdinggesellschaft, DStR 2013, S. 2476 ff.


Course no.


Semester hours per

week CP

Group Taxation N.N V 4 5


Course no.


PLK 100% Written Exam

Admission requirement: Good command of German, C1 Level Relevant Bachelor's programme or at least 180 CP in a relevant academic programme.

Comments: The module "Group Taxation" is a module for specialization in the field of national and international tax law.

Last updated: 25.03.2019, Prof. Dr. Peter

13 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


14 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description



Module Name Analytics in Management Control



Semester 2. semester

Duration 1 semester

No. of Lectures 1


Credits 5 CP

Workload Contact Time 60 hours

Workload Self Study 90 hours



Language English


General Remarks This course focuses on the application of analytics to managerial accounting and control problems. Therefore, it is not intended as a general “business analytics” course nor are students from other master programs encouraged to take part. Professionalism Main goals are to understand the changing role of management accountants in a digital world as well as the need for analytical and modelling skills to tackle business problems. Building on that, students learn and gain competence in using analytical methods and modelling techniques for typical business problems. Interdisciplinary Skills Learn to present analytical results to other subject areas in firms. Learn to cooperate in teams to accomplish a joint mission.

Lecture Contents 1. Roles and role change of management accountants in a digital world

2. Thinking in models, understand modelling process 3. Overview on modelling techniques 4. Model archetypes 5. Several uses cases for applying different modelling and analytical methods

Literature Scott E. Page: The model Thinker, Basic Books, 2018

Vernon Richardson, Ryan Teeter, Katie Terrell: Data Analytics for Accounting, McGraw Hill, 2018 Other literature will be provided in the detailed syllabus and Moodle.

Module description


Course no.


Semester hours per

week CP

Analytics of Management Control Prof. Dr. Robert Rieg P 4 5


Course no.



Admission Requirement Good command of English on C1 level––


Last updated: 25.01.2019, Prof. Dr. Robert Rieg

15 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


16 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description



Module Name Digital Finance

Module Coordinator Prof. Dr. rer. pol. Ingo F. Scheuermann



Duration 1 Semester

No. of Lectures 1


Credits 5 CP





Language English


Professionalism The students can:

1. Identify and analyse the sectoral, functional and regional impact of digitisation on financial services.

2. Identify and evaluate the changes in business processes and the interaction with customers in the form of a systematic risk analysis and derive recommendations for action to minimise risk.

3. Identify and understand innovations in open source data processing, big data, blockchain, etc., as well as explain further innovations in the financial sector from a business perspective.

Interdisciplinary Skills The students work together in teams on application-oriented cases of digitization in the financial sector. In addition, the students practice how to assimilate new information into their conceptual framework and thus improve their ability to work independently.

Lecture Contents 1. The Information Economy

2. Platform Economics 3. Bundling 4. Data Models 5. Finance processes 6. Open Sourcing, Big Data, and Blockchain 7. Pricing Shifts 8. Case Studies

Module description

Literature • Brynjolfsson & Saunders (2010). Wired for Innovation: How IT is Reshaping the Economy, MIT Press.

• Brynjolfsson, E., & Hitt, L. M. (2000). Beyond computation: Information technology, organizational transformation and business performance. The Journal of Economic Perspectives, 14(4), 23-48.

• Denis (2004). "Entrepreneurial finance: An overview of the issues and evidence". Journal of Corporate Finance, Elsevier, Volume 10, pages 301-326. Economics." Quarterly Journal of Economics 115(4): 1441-1478.

• Mishkin,F.S.,and Eakins, S.G.(2012).Financial Markets and Institutions,7th Edition. Pearson

• Shapiro & Varian (1998). Information Rules, HBS Press.

• Stiglitz, J. E. (2000). "The Contributions of the Economics of Information to Twentieth Century. Additional current literature will be announced in the lecture in response to relevant trends and recent developments.


Course no.


Semester hours per

week CP

Digital Finance Prof. Dr. rer. pol. Ingo F. Scheuermann

V, P 4 5


Course no.


PLP 100 % Grading of the written elaboration of the individual research project


Language: Proof of English language proficiency (for students whose mother tongue is not English) of at least B2 level.

ECTS: Relevant Bachelor's degree or at least 180 CP in a relevant academic programme.

Comments:

The module "Digital Finance" is a module for specialization in the area of corporate financing. In terms of content and methodology, it builds on the knowledge gained in the mandatory module "Valuation" in the first semester.

Last updated: 13.05.2019, Marco Philipp

17 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


18 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description



Module Name Designing Strategy & Value

Module Coordinator Prof. Dr. habil. Patrick Ulrich



Duration 1 Semester

No. of Lectures 1


Credits 5 CP





Language English


General Remarks - Professionalism The Strategy & Value course deals with the basic principles of corporate strategy and value from the point of view of CFOs and CEOs. In recent years, companies have also increasingly created positions for Chief Strategy Officers (CSOs) and Chief Digital Officers (CDOs). Students recognize the primary schools of strategic thinking and can apply them to practical problems. They develop their own methods for analysing the value of strategies in the corporate context. Through knowledge of the strategic management process, students are able to assess the sustainability of strategies from both a performance and value perspective as well as to develop independent market-, resource- and value-oriented strategies. Case studies are of particular importance here. Students transfer their theoretical and practical knowledge to new contexts and can analyse strategies and business models as well as create their own business models. Interdisciplinary Skills Students work in small groups on company examples and thus strengthen their communication and teamwork skills. Strategic thinking sharpens the analytical facts and the defence of strategic basic positions makes it possible to analyse other business facts cleanly and to formulate conclusions.

Lecture Contents Basics of strategy & value

Schools of strategic thought Strategy, Value & Performance Strategic Diagnosis Strategic Choice Strategy Implementation & Control Business Models and their Implications for CFOs

Module description

Literature Becker/Ulrich, Strategic Value Management, 2019 Wheelen/Hunger, Essentials of Strategic Management, 2014 Wunder, Essentials of Strategic Management, 2016

Additional literature will be named during class.


Course no.


Semester hours per

week CP

Designing Strategy & Value Prof. Dr. habil. Patrick Ulrich V, S, P, Ü

4 5


Course no.


PLK (90) 80%

PLS 20% (2 assignments à 10 %)

Strategic mini-assignments (2 per person during the semester): 1 literature topic and 1 short presentation on a practical case


-

Comments:

-

Last updated: 28.01.2019, Prof. Dr. habil. Patrick Ulrich

19 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


20 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description



Module Name Modern ERP Systems




Duration 1 Semester

No. of Lectures 1


Credits 5 CP





Language English


General Remarks This course focuses broadly on finance information systems in ERP. The course does not require programming skills, it is oriented towards applying modern systems and concepts with IT. Professionalism Main goal is to apply concepts of finance, accounting and control in information systems. As use case the system applied here is like SAP R/3 or SAP HANA.as one of the main systems used in the market. Interdisciplinary Skills Learn to present analytical results to other subject areas in firms. Learn to cooperate in teams to accomplish a joint mission.

Lecture Contents 1. ERP systems and use in financial management

2. General ledger concepts

3. Management accounting

4. Financial close and consolidation

5. Reporting and analytics

6. Treasury and Risk Management 7. Additional analytics and reporting applications

8. Deployment and adoption

9. Implications for roles and tasks of finance departments Literature Mauhnil Mehta et.al.: SAP S/4 Hana Finance: An Introduction. SAP PRESS. ISBN

978-1493217786

Module description


Course no.


Semester hours per

week CP

Modern ERP Systems N.N. P 4 5


Course no.



Admission Requirement Good Command of English (B2 level), deep knowledge in finance and accounting. This is not an introductory course in ERP for a general audience or students from other master courses. ––


Last updated: 10.04.2019, Prof. Dr. Robert Rieg

21 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


22 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



Module description



Module Name At Practice II




Duration 1 Semester

No. of Lectures 1


Credits 5 CP



Admission Requirement English Level B2


Language English / German


General Remarks This is an application lecture. Knowledge must be applied to be useful. Each semester, a professor will select an actual, current problematic at a firm, and organize teams to propose solutions to this problematic. Thus, students take on a consultant role and will organise projects, engage in problem-solving processes and provide answers to research questions and critically reflect on the results. Depending on the current research and firm project cooperation, students will have a chance to deal with real problematics like data harmonization in digitization of financial management or data granularity in the controlling competence centers in a local international firms. Professionalism At Practice II, the student will put into practice the central learning objectives of the program and to learn how to solve business problems within financial management area which will involve applying the data and statistical tools learned from semester 1. The acquired professional competencies will result from experiencing holistically the full end-to-end process of business problem solutions with the advanced tools from semester 1: business problem definition, scope sizing, data acquisition for problem analysis, solutions proposals, and evaluation of solutions for implementation cost. The examination form of a project work with a graded project report is the most frequently used form for such forms of practical projects. Interdisciplinary Skills The students master the solution of complex business management problems, the technical discussion and problem solving in groups or as individuals. The students are able to communicate and present their professional (first) knowledge to a circle of experts. Here the skills of self management and self growth will be foregrounded. The ability to define the scope and depth of a problematic to an unstructured issued is a critical factor for success in firms. The student will also learn the accepted practice of how to estimate needed precision and granularity for business problematics versus research purpose.

Lecture Contents Depending on choice of courses

Module description


Literature Depending on choice of courses (Recommendation: 3 to 5 basic literature references; Explicitly mark additional literature)


Course no.


Semester hours per

week CP

At Practice II N.N V,Ü,S,P

4 5


Course no.


PLP 100% Depends on lecturer

Or PLS 100% Depends on lecturer

Admission Requirement English Level of at least B2

Comments:

Different emphases per semester depending on the lecturer.


23 V Vorlesung


S Seminar P Projekt



X Nicht fixiert


24 PLK PLS PLM PLA


PLR PLE PLP


PLL PLF PPR


PLT PMC PLC



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Documents

Module no.: 40001 SPO version: 31 · Module description Module no.: 40001 SPO version: 31 Page 1 Course of Studies Master of Financial Management Module Name Group Accounting Module