• Finanzwirtschaftliche Modelle
• Finanzmathematik,
• Investitionsrechnung, Finanzierung,
• Finanzinstitutionen,
• Derivative Finanzinstrumente,
• Unternehmensfinanzierung,
• Unternehmensbewertung

• Berufsbild des Compliance-Officers
• Compliance und Psychologie
• Bereich und Aufgabenfelder der Compliance
• Outsourcing
• Compliance Tools - IT Provider
• Risikomanagement und Compliance

Den Teilnehmenden wird ganz allgemein das Berufsbild des Compliance- Beauftragten nähergebracht. Zudem werden die einzelnen Aufgabenfelder der Compliance ausführlich analysiert. In einem weiteren Schritt wird auf psychologische Komponenten eingegangen. Des Weiteren stellen das Krisenmanagement, die Compliance Standards/Management Systeme und die Anforderungen an die Compliance in Bezug auf Suitability (MiFID II) und Cross Border Compliance wichtige Bereiche des zweiten Moduls dar.

This optional module, allows for various kinds of research studies in collaboration with planned or ongoing research projects. It is closely linked to the five units of the School of Architecture and is undertaken individually or in small teams of students. Supervision consists of guiding students towards clear results in a particular area of research. The research project is reviewed before a panel of experts from the supervising research unit.

Built Heritage & Upcycling Unit:
Whenever there was a shortage of building materials in history, creativity was called for and a circular approach was often the answer. In the 16th century, the Frenchman Philibert de l'Orme invented a new construction method, known as "à petit bois", in which large roof surfaces were built from small pieces of wood. Instead of comprehensive designs, his architectural work was characterized by adapting, integrating and building on. We examine de l'Orme's circular approaches using the example of the roof truss of the Caserne Rochambeau in Mont-Dauphin (F). Could this method be one of the earliest concepts for planned circular building solutions?

Research or design studies defined by research units and under the guidance of mentors, usually closely related to current research projects, developed individually or in groups. The offers of the research semester vary each semester depending on the units and are coordinated with the academic director of the Master's degree programme.

Relevant reading will be made available at the beginning of the course. A list of recommended literature will be announced in the course and updated on an ongoing basis.

Minimum 75% compulsory attendance, continuous assessment and regular meetings with instructors.
The final grade is calculated according to the weighting of the following com-ponents: final submission (80%) and oral presentation (20%).

Individual appointments will be set with the tutor; group projects are also possible, as well as group work with individual submissions;

Start, final submission and presentation can be individually
defined with the respective tutors.

Registration via the intranet of the University of Liechtenstein is not binding and is only valid in combination with the written consent of the respective unit. This applies to all Individual Electives in the Master's degree programme in Architecture.

In this course, student groups work on solving a current and relevant practical problem in finance. The problem is provided by a project owner, typically a financial services company or a faculty member with practical experience. Students will apply complex theoretical concepts to develop a satisfying solution to the given problem.

• Group project work
• Practical problem-solving in finance
• Collaboration with project owners
• Application of theoretical concepts
• Final project report preparation

• Interactive seminar sessions with multiple presentations.
• Communication with project owners.
• Preparation of a final project report.

After successful completion of the course, students will
Professional competence

• learn to autonomously solve complex practical projects in finance.

Methodological competence

• develop teamwork skills.
• structure projects into manageable packages.
• utilize the abilities of all group members effectively.

Social competence

• enhance discussion and writing skills.
• become a convincing and contributing team member.

Personal competence

• exercise and improve presentation skills.
• become effective communicators.

Technological Competence:

• use project management software.
• apply financial analysis tools.
• utilize digital platforms for collaboration and communication.

Depending on the project type; Attendance is mandatory (80%)

• Modelling the Human Life Cycle
• Models of Human Mortality
• Valuation Models of Deterministic Interest
• Models of Risky Financial Investments
• Models of Pension Life Annuities
• Models of Life Insurance
• Models of DB vs. DC Pensions
• Sustainable Spending at Retirement
• The Liechtenstein Pension System

Lecture

Students …

• have a solid background in financial decisions regarding longevity and retirement,
• combine valuation techniques from finance with those from actuarial mathematics,
• understand the effects of longevity, bequest motive, and risk-return trade-off on the corresponding choices made by individual investors,
• understand and apply life-cycle models of individual investors,
• distinguish between DB and DC pension plans and understand their respective implications,
• combine financial models with models for longevity risk,
• select appropriate financial instruments for individual pension planning and justify this selection economically,
• understand the Liechtenstein pension system and can compare it to systems in other countries.

Milevsky, M.A. (2006). The Calculus of Retirement Income. Cambridge University Press

Being able to think critically and reason well is a crucial skill in private and professional lives.
Universities, public policy makers, scientific theorists, business decision makers, or medical staff claim their findings are based on critical reasoning.
Therefore, students need to be able to critically assess arguments they encounter on the internet and across other media, as well as arguments put forward by people around them. Thus, it is expected of students to also present their own views to be rational and able to stand up to critical scrutiny.

This lecture provides a practical introduction to principles of good reasoning:
o Examples of both reasoning about facts and the reasoning required in making practical decisions are being defined, discussed and exercised.
o Risky inferences with probable conclusions from risk-free inferences with certain conclusions are being distinguished.
o Ways and means of spotting and avoiding common mistakes in reasoning and various misuses of language are being exemplified.
o No previous knowledge of critical reasoning and logic is needed.
o This course will be enjoyed by those who relish the challenge of thinking rationally and learning new skills.
o The skills and concepts taught will also be useful when studying other areas of interest to students.

o Content of this course will presented in an interactive way, using best practice examples, exercises and games.
o Students are encouraged to ask questions and participate in class discussions and group work.
o To consolidate their understanding of the subject, students will be assigned further exercises.
o Inquiry, exploration, discussion, and debate

Students will know about and be able to discuss and answer the following topics and questions:
o What is reasoning?
o What is critical thinking?
o What is a logical argument?
o How do I recognize an argument and what is the nature of an argument?
o What different types of arguments are there (certainty vs. probability)?
o How do I identify and analyze arguments and how do I set arguments out to make them easier to evaluate?
o How do I evaluate arguments?
o How do I tell whether an argument is good or bad (inductive, deductive, time-deductive reasoning)?
o How do I distinguish arguments from conditionals, explanations and rhetoric?
o When do arguments rely on hidden premises?
o What are you entitled to use as a premise in your reasoning?
o When is it appropriate to believe what others tell you?

Bean, J. C. (2011). Engaging Ideas: The Professor's Guide to Integrating Writing, Critical Thinking, and Active Learning in the Classroom, 2nd Edition. San Francisco, CA: Jossey-Bass.
Bowell, T. & Kemp, G.(2014). Critical Thinking. A Concise Guide. Taylor and Francis: Routledge.
Hacking, I. (2002). An Introduction to Probability and Inductive Logic. University Press: Cambridge.
Holowchak, M. (2011). Critical Reasoning and Philosophy: A Concise Guide to Reading, Evaluating, and Writing Philosophical Works. Rowman & Littlefield Publishers: Rider.
Kurfiss, G. J. (1988). Critical Thinking: Theory, Research, Practice, and Possibilities: ASHE-ERIC/Higher Education Research Report, Volume 17, Number 2, 1988 (2nd Printing).
Priest, G. (2000). Logic: A Very Short Introduction. University Press: Oxford.
Talbit, M. (2014). Critical Reasoning: A Romp Through the Foothills of Logic for Complete Beginners. University Press: Oxford.

Will be provided via Moodle

Attendance: 80%
Assessment is based on:
o homework assignments completed during the course
o one longer assignment at the end of the course, consisting of a set of exercises.
o Small group tasks tied to reading
o Activities connected to questions, problems, and reading material
o In-class writing that's exploratory and/or writing-to-learn
o Formal writing assignments supported by explicit instruction, drafts, and revision

Grading

Performance Record A: Classroom Activity
Performance Record B: Portfolio

Attendance: min. 80%

Fakultätsübergreifendes Wahlfach:
Regeln für die Anmeldung: www.uni.li/cross-faculty