Skip to Main Content
Sozialkompetenz
- Listen carefully exercise patience needed to understand the logic and mathematics behind models.
- Know how to respond to questions and critique in a follow-up discussion after a presentation in front of class.
- Take responsibility and organize/explain their solutions to others who have problems and tend to give up.
Methodenkompetenz
- Understand how to manage risks with complex concepts and learn to connect the different roles of financial institutions.
- Understand the logic and drivers behind current economic topics in financial services.
- Apply methods and models on unknown decision situations. Find and calculate optimal hedging strategies.
- Are able to write a term paper according to principles of scientific writing.
- Develop abilities to understand and analyze mathematical relationships and models.
- Summarize and explain their findings in a presentation.
- Critically evaluate models and argue which of the models fits their needs best.
- Evaluate the outcomes of their term paper
Fachkompetenz
- Show expert knowledge in risk management and financial institutions and regulatory standards.
- Characterize financial risk classes.
- Interpret the results of relevant risk measures.
- Describe pay off diagrams and valuation methods of derivatives.
- Describe the use of derivatives to control risks.
- Understand the role of different types of financial institutions.
- Understand the difference between acting on financial markets and financial intermediation.
- Describe the specific risks of financial intermediation.
- Understand the main goals of bank regulations and the tools to reach them.
- Describe and argue the importance of financial institutions for the whole economy.
- Use risk measures to quantify risk and calculate them.
- Find suitable hedging strategies.
- Valuate derivatives with the model of arbitrage.
- Apply the methods on a complex topic and are able to present the findings in a report
- Identify potential sources of risks of financial institutions.
- Apply the appropriate risk measures for specific risk classes.
- Analyze the use of hedging strategies in given examples.
- Find the fair value of derivatives by using parameters (Greeks).
- Analyze specific risks of banks.
- Identify the consequences of regulations.
- Conceptualize a risk management process, which identifies and quantifies risks and displays the design/use of hedging tools and their valuation.
- Design optimal processes to control for risk.
- Combine the roles of financial institutions and legal regulations to understand financial markets.
- Evaluate risk management processes.
- Asses the consequences of regulations on financial institutions and the economy.
Selbstkompetenz
- lernen das selbstständige Initiieren von Projekten
- können andere Fachperspektiven bewusst einnehmen
- können verbindliche Standards professioneller mündlicher und schriftlicher Kommunikation kennen, verstehen und anwenden
- können wissenschaftliche Erkenntnisse angemessen in projektbezogene Situationen und Kontexte übertragen und einbringen
- können eigenes Problemlöseverhalten reflektieren und selbst regulieren
Sozialkompetenz
- Listen to and acknowledge the arguments of fellow students
- Find solutions to small case studies in teams
- Evaluate the solutions of colleagues, study and compare these with own solution
- Consider new or alternative solution approaches and link these with your own approach
- Represent and defend your own solution in light of critique
Methodenkompetenz
- Know the basic types of international marketing strategies
- Explain and interpret the prerequisites for these strategies
- Apply basic international marketing models in new situations
- Compare alternative marketing approaches, identify similarities and differences
- Summarize the various strategies and approaches, evaluate these
- Determine whether certain models or approaches can be implemented in concrete situations, and choose fitting models/ approaches in ideal situations.
Fachkompetenz
- Know the most important instruments for the development and implementation of marketing measures as well as types of international marketing strategies.
- Understand the most important influencing factors on decisions made in international marketing processes, can describe the most important marketing strategies for various actors.
- Correctly apply international marketing instruments.
- Identify the relevant influential factors for the international marketing process, analyze the consequences of entrepreneurial decisions in an international environment.
- Develop fitting marketing strategies depending on the company type or level of internationalization.
- Evaluate marketing strategies and their fit in various situations.
- Understand Digital Platforms and Electronic Markets, their dynamics, and impact on industries and value chains.
- Transformation of international marketing driven by digital markets.
Selbstkompetenz
- manage cognition, presence and awareness during lecture and seminar
- self-evaluate contributions
Sozialkompetenz
- listen to elaborations by instructor and fellow students;
- perceive social interactions and introduction of interactive routines
- give answers when asked;
- participate in interactive practice;
- collaborate in teams to solve problems;
- coordinate contents and critique with fellow study team
- Discuss and compare fellow student´s contributions to case studies and analysis of real phenomena;
- give constructive feedback
- identify ideologies and differentiate from pure theory;
- challenge and reflect own arguments on theoretical grounds
- prepare and present a critique (essential arguments, central categories, limitations etc.) of theoretical analysis, highlighting open and contradictory issues of the topic
Methodenkompetenz
- Illustrate the principles of methods, rules, and postulates employed by international economics as a discipline
- Comprehend basic assumptions and their effects on the modeling process of international trade theories
- Understand the effects of certain internal and external parameter changes on the employability of different theoretical approaches
- Apply the Gravity, the Ricardian, the Heckscher-Ohlin and the Standard Trade Model to explain patterns and volumes in international trade
- Apply the Asset, the Monetary, and the Real Exchange Rate approach to the determination and behavior of exchange rates
- constitute a constructive generic framework; that may be broken down in sub-processes or changed in sequences to best capture real economic phenomena
- compare employability of different theoretical approaches for the explanation of underlying economics and compare outcomes
- Create a set of criteria to assess different theoretical approaches
- Construct a table of different theoretical results when analysing real phenomena depending on the assumptions and explanatory variables used in each theory
- Explain the reasoning behind different theoretical approaches and their limitations to explain real world phenomena
- Evaluate political actions as an outcome of different theoretical approaches in international economics
abonnieren