Technik des Jahresabschlusses (mit/ohne Abschlusstabelle), Elemente des Jahresabschlusses (Bilanz, Gewinn- & Verlustrechnung, Anhang, Lagebericht), Bilanzierung im Allgemeinen, Bewertungsmassstäbe (Anschaffungskosten, Herstellungskosten, beizulegender Wert,) Bilanzierungsgrundsätze (Vorsichtsprinzip, Realisationsprinzip, Niederstwertprinzip, Höchstwertprinzip), Gewinn- & Verlustrechnung nach Gesamtkosten- und Umsatzkostenverfahren , Ergebnisverwendung bei Kapitalgesellschaften (mit/ohne Ausschüttungssperren) und bei Personengesellschaften, Aktivierungswahlrechte, Passivierungswahlrechte, Anlagenspiegel, Forderungenspiegel, Fremdwährungsforderungen und -verbindlichkeiten, Rückstellungenspiegel, Verbindlichkeitenspiegel, ausgewählte Sonderformen der Rückstellungen, Eventualverbindlichkeiten, Verbuchung verschiedener Zuschüsse, gewinnabhängige Steuern und Mehr-Weniger-Rechnung, Unternehmen in der Krise (Überschuldung), latente Steuern (aktive und passive latente Steuern) .

Das Modul wird aus Lehrveranstaltungen des Nachfolgecurriculums gebildet. Es gilt die SPO für C12.

Das Modul wird aus Lehrveranstaltungen des Nachfolgecurriculums gebildet. Es gilt die SPO für C12.

• Introduction to international management
• Key challenges to the global environment
• The cultural context of global management
• International and global strategies
• Organizational structures and strategic alliances in a global

environment

• Global human resources management
• Leadership and control systems in global companies

The interactive course introduces the basics of international management through core lectures, which will be critically considered and discussed afterwards. Case studies, papers, and other student activities which will be done in different forms of group work, facilitate the understanding of the theory.

The course "International Management" will give an introduction into core management and leadership functions of a global company, such as strategy, organization structure, human resources management, etc. Afterwards students will be able to understand better the specifics of international management against the background of global change and the cultural context. This will enhance their ability to manage strategic and structural processes in global companies.

Introduction to international management:

• Students will know the fundamental terms in international management and will be able to distinguish them from each other.
• Students will gain an overview of the key challenges in a global environment and will be able to connect them to the tasks they will have to cope with in global companies.
• Students will understand the important role of the cultural context and will be able to distinguish different cultural dimensions and regions.

International management and strategy:

• Students will recognize the theoretical basics of strategies in an international context and will be able to integrate them into a strategic framework.
• Students will be able to create a consistent global strategy and to adapt this strategy to specific situations.

International management and organization:

• Students will learn about different forms of organizational structure and process organization in the international context and will be able to connect them to different types of global strategies.
• Students will recognize the importance of networks and strategic alliances in the international context and will be able to analyze them systematically as well as to work out recommendations to develop them further.

International management and human resources:

• Students will learn about different forms of international human resources strategy and development and will be able to connect them to the strategic and structural context of the organization.
• Students will be able to distinguish between different leadership styles in global companies and will recognize the decisive interplay between leadership, motivation, and control systems.

Voraussetzung für die Anmeldung zur Modulprüfung ist:

• der erfolgreiche Abschluss aller Module des 1. Vollzeit-Regelstudienjahres

Bei Studienbeginn 2008 zusätzlich wahlweise:

• der erfolgreiche Abschluss des Moduls "Communication in English for Business"
• die Anerkennung BEC II

Bei Studienbeginn ab 2009 zusätzlich:

• der erfolgreiche Abschluss des Moduls "Communication in English for Business"

Theories of International Trade and International Finance aim at explaining underlying dynamics of economic and social developments in a global context. They also allow to investigate relations between market and industry structures and flows in goods, services and financial flows. Furthermore they serve in designing and evaluating the impact of macro-economic policies, currency fluctuations and trading regimes on economies, business strategy and operations.

The module aims at examining how national policies can, in theory, shape international trade and finance, and constrain the climate for international business. It extends this analysis to the international system discussing the role of international arrangements and institutions, e.g. the WTO, on international trade and investment.

Using a series of country-based case studies, students will have the opportunity to investigate how firms feel and master the impact of government policy and institutional set-ups in a specific nation state or economic region, for example China, India, the Arab World and South-America.

Contents of the module are:

• Sources of international comparative advantages (differences in natural resources, technology and factor endowment)
• Principles of strategic trade theory and geographic economic integration
• Goals, instruments and impact of modern international trade policy in industrial and emerging economies
• International trade agreements and organisations

The purpose of this module is to enable students to understand the challenges of international trade and investment and to analyse the opportunities they represent concerning a specific nation state or a wider economic region.

• Explain fundamentals of neo-classical and strategic trade theories
• Distinguish implications for national trade policies
• Illustrate main themes and debates in international economics
• Assess the impact of macroeconomics, political forces and international agreements on firm strategies and competition in a specific nation-state or economic region

Web-based online evaluation upon completion of module

This module consists of elective courses. Please register for one of the lectures offered.

Die während des Bachelor-Studiums sowie im Modul Berufspraktikum 1 bereits erworbenen Fähigkeiten sind in einer weiteren praktischen Tätigkeit anzuwenden, zu übertragen und zu vertiefen.

Praktikum, learning on the job

Im Modul Berufspraktikum 2 lernen die Studierenden die Anforderungen des Arbeitslebens kennen. Während des Praktikums bekommen die Studierenden einen Überblick über die Geschäftstätigkeit des Praktikumsbetriebes. Sie sind in der Lage, entsprechende Arbeiten nach einer kurzen Einführungsphase selbständig sowohl qualitativ wie quantitativ korrekt auszuführen. (Fachkompetenz - Wissensvertiefung/Wissensverbreitung)

Die Studierenden erhalten Gelegenheit, ihr Wissen aus dem Bachelor-Studium in einem privatwirtschaftlichen Unternehmen oder in einer sonstigen adäquaten Organisation (zB Verwaltungsbehörde) praktisch anzuwenden. (instrumentale Kompetenz)

Die Studierenden transferieren dabei die während des bisherigen Bachelor-Studiums erworbenen fachbezogenen Fähigkeiten und Fertigkeiten in eine praktische Tätigkeit; sie erkennen Unterschiede zwischen theoretischer Konzeption und der Umsetzbarkeit in der Praxis. Darüber hinaus trägt das Modul Berufspraktikum 2 dazu bei, Zusammenhänge zu erkennen sowie ermittelte Verfahren und Ergebnisse zu beurteilen. (systemische Kompetenz)

Die Studierenden können im Umgang mit Arbeitskollegen und Kunden deren Wissensstand richtig einschätzen und entspre-chend argumentieren. (kommunikative Kompetenz)

Im Modul Berufspraktikum 2 lernen die Studierenden die Anforderungen des Arbeitslebens kennen. Während des Praktikums bekommen die Studierenden einen Überblick über die Geschäftstätigkeit des Praktikumsbetriebes. Sie sind in der Lage, entsprechende Arbeiten nach einer kurzen Einführungsphase selbständig sowohl qualitativ wie quantitativ korrekt auszuführen. (Fachkompetenz - Wissensvertiefung/Wissensverbreitung)

Die Studierenden erhalten Gelegenheit, ihr Wissen aus dem Bachelor-Studium in einem privatwirtschaftlichen Unternehmen oder in einer sonstigen adäquaten Organisation (zB Verwaltungsbehörde) praktisch anzuwenden. (instrumentale Kompetenz)

Die Studierenden transferieren dabei die während des bisherigen Bachelor-Studiums erworbenen fachbezogenen Fähigkeiten und Fertigkeiten in eine praktische Tätigkeit; sie erkennen Unterschiede zwischen theoretischer Konzeption und der Umsetzbarkeit in der Praxis. Darüber hinaus trägt das Modul Berufspraktikum 2 dazu bei, Zusammenhänge zu erkennen sowie ermittelte Verfahren und Ergebnisse zu beurteilen. (systemische Kompetenz)

Die Studierenden können im Umgang mit Arbeitskollegen und Kunden deren Wissensstand richtig einschätzen und entspre-chend argumentieren. (kommunikative Kompetenz)

Arbeitszeugnis des Praktikumsbetriebs; Praxisstunden sind durch Fachkräfte des Praktikumsbetriebs zu betreuen und zu begleiten;
schriftlicher Praktikumsbericht (vom Studierenden verfasst);
Arbeitszeugnis und Praktikumsbericht werden als "Bestehenstest" bewertet.
Während des Studiums müssen mindestens 2 x 150 = 300 qualifizierte Berufspraxisstunden erbracht werden, um beide Module Berufspraktikum (1) und Berufspraktikum (2) erfolgreich abschliessen zu können.

• Global Financial Environment
• International Parity Conditions and Exchange Rates
• The Foreign Exchange Market and Derivatives
• Foreign Exchange Exposure
• Financing and Investing in the Global Firm
• Working Capital Management
• Investment and Financing Decisions in Entrepreneurial Settings
• Deal Structuring
• Evaluation Instruments for Entrepreneurial Ventures
• Harvesting Strategies
• Discussion of the Methods of Individually Selected Journal Articles

Interactive lecture, exercises, seminar

After completion of the module students have at their disposal a comprehensive and integrated knowledge of the majority of core issues in International Business Finance und Entrepreneurial Finance. They also have an analytical comprehension of the procedures and methods. With their acquired knowledge and abilities they are able to independently solve problems in the discussed field.

Students can apply procedures and techniques that are specialised and consistently state-of-the-art and identify, conceptualise and define new and abstract issues and problems in international corporate finance and entrepreneurial finance and communicate comprehensively with professionals and laities.

As part of the final assignment participants prepare research papers on assigned topics or smaller empirical or analytical research projects, and apply exact technical procedures and methodologies. They show their capability to deliver and explain results of their own seminar project in a presentation and in a question and answer session. Students are able to communicate at a professional level reflecting various degrees of expertise in front of an audience of specialists and critically comment on projects of other seminar participants and verify their remarks.

• Written examination with 120 minutes editing time (60%)
• Term paper (30%)
• Presentation (10%)
• Obligatory class participation

Web-based online evaluation upon completion of module

This summer semester 2014 you have the option to participate in the Erasmus IP Finnland in Laapeenranta 2014 with focus on "Renewable Energy Finance" OR you can take part in this module as per lecture schedule.

Participants in the Erasmus IP will get credit for the following lectures:

• Entrepreneurial Finance incl. written exam;
• International Business Finance incl. written exam and excursion to Bergamo/Milan.

You register for the entire module "International Corporate Finance" incl. all the lectures and participate in the Seminar in Finance (4 ECTS). With the attendance at the Erasmus IP you get the remaining credits for this module (6 ECTS).

During the Erasmus IP in Finnland students will take part in various workshops and have to prepare a paper, followed by a presentation.

Dates:
Erasmus IP Finnland: 08. - 20. June 2014 (including travel days)
(Please note! These dates will not interfere with the actual curriculum courses, as there are no lectures taking place during this time.)

Registration:
Erasmus IP: jurij-andrei.reichenecker@uni.li AND hilde.zimmermann@uni.li
International Corporate Finance: Intranet

Module coordinator: Jurij Andrei Reichenecker

Extracurriculare Activities comprise of various activities that are not linked to the Curriculum of the MSc in Banking and Financial Management, which are optional and further support the studying of the Master programme.

• Instruments on the Futures Market: Forwards, Futures, Options and Swaps
• Significance of Yield Curve
• Evaluation of Forwards, Futures and Swaps
• Characteristics of Option Prices
• Evaluation of Options According to Black/Scholes and Binomial Model
• Derivative Elements in Structured Products
• Greeks and Volatility Smiles
• Exotic Options
• Selected Aspects of Risk Management (e.g. Value at Risk, Backtesting, Stress Testing)
• Hedging Strategies
• Financial Engineering of Various Finance Instruments
• Operational Risks

Interactive lectures with exercises

After completion of the module, the students recognise the most significant derivative instruments and the particularities of financial engineering. They have at their disposal comprehensive knowledge of the significant principles governing determination and evaluation of derivatives and are able to mirror the current stage of research on financial engineering.

Additionally, they master advanced hedging procedures, which they apply in a target-oriented manner in the areas of risk management. Because of their acquired specialised knowledge, they are able to meet complicated challenges in financial engineering. They are also able to identify and conceptualise abstract problems, such as the preparation of a special risk-profit profile and handle Operational risk.

• Utilising and identifying financial instruments and their application in practice
• Taking into consideration the yield curve in the evaluation of derivatives and relating to it
• Differentiating valuation approaches for forwards, futures, swaps and options as well as exotic options.
• Explaining the use of Greeks and volatility smiles
• Illustrating the fundamentals of risk management
• Contrasting special risk management concepts
• Developing and examining hedging strategies as a means of risk reduction
• Analysing financial engineering for various financial instruments
• Coping with Operational risk

• Written examination with 80 minutes editing time
• Assignment

Web-based online evaluation upon completion of module