Organizational Structures, Enterprise Resource Planning (Financial Accounting, Management Accounting, Production Planning and Logistics in ERP systems), Customer Relationship Management (strategy development, tools, and components), Business Process Management (process analysis, -modelling and controlling), state-of-the art technology (in-memory computing, cloud computing, mobile computing)
Case Study: Enterprise Systems

Interactive Lecture, Exercise

Students are able to discuss current topics of enterprise systems and give an overview of a ERP suite.

The following conditions need to be met prior to registering for the module exam:

• successful completion of all first year full-time programme modules

Additionallly:
For students who started their studies in 2008:

• succesful completion of the module "Communication in English for Business"

or, alternatively,

• BEC II certificate

For students starting their studies in 2009:

• succesful completion of the module "Communication in English for Business"

• Research methodology 1: Basic of research; Philosophical issues
• Research methodology 2: Conceptualization, Operationalization, Measurement
• Literature Research; Critically reviewing the literature
• Designing management research (overview methods qualitative; quantitative)
• Qualitative field research
• Quantitative field research
• Quantitative methods: Sampling
• Quantitative methods: Data collection using questionnaires, interviews and observation
• Quantitative methods : Research Design
• Presentation Groupwork

Lecture with integrated practical exercises

The course provides students with the methodological background for collecting empirical data.

By the end of the course students should

• be able to transform a relative vague term of ordinary language into precise objects of study with well-defined and measurable meanings
• appreciate what a literature reviews in research entails and why it is necessary
• understand and evaluate different sources of information
• learn about different styles of research (qualitative, quantitative)
• know major components of both styles
• identify the main issues to consider when preparing qualitative data for analysis
• learn about conducting qualitative field research
• Identify strengths and weaknesses of both qualitative and quantitative research
• understand the need for sampling in management research
• be aware of a range of probability and non probability techniques
• understand the advantages and disadvantages of questionnaires as a data collection method
• be able to classify research interviews in order to understand the purpose of each type
• understand the role that observation may play as a data collection method
• understand the importance of having thought carefully about the research design
• be able to write an expose
• have the relevant knowledge and skills needed to write a bachelor thesis

The following conditions need to be met prior to registering for the module exam:

• successful completion of all first year full-time programme modules

Additionallly:
For students who started their studies in 2008:

• succesful completion of the module "Communication in English for Business"

or, alternatively,

• BEC II certificate

For students starting their studies in 2009:

• succesful completion of the module "Communication in English for Business"

Linear Regression Model

• Introduction to Basic Estimation Methods and Properties
• Model Assumptions, OLS Estimation and Hypothesis Testing
• Goodness of Fit Tests, Heteroskedasticity and Endogenous Regressors: GLS and TSLS

Introduction to Time Series Analysis
Introduction to gretl and analysing quantitative data in gretl

Lecture with integrated exercises

The course provides students with the tools to understand empirical research and to appropriately use econometric techniques. By the end of the course students should

• have a solid understanding of the classical linear regression model and its application to cross-section data
• understand how regression analysis may be used to fit time-series models using stationary time series
• have an appreciation of the difficulties that arise in the application of regression analysis to nonstationary time series
• understand empirical research and appropriately use econometric techniques
• have a grasp of using gretl to fit economic models

The following conditions need to be met prior to registering for the module exam:

• successful completion of all first year full-time programme modules

Additionallly:
For students who started their studies in 2008:

• succesful completion of the module "Communication in English for Business"

or, alternatively,

• BEC II certificate

For students starting their studies in 2009:

• succesful completion of the module "Communication in English for Business"

>Spoken and written communicative competence in various everyday situations
>Cultural competence

Interactive teaching

>Building German language competence
>Developing basic communicative competence
>Cultural competence
>Grammar and Vocabulary
>Learning strategies

The modules in "German as a Foreign language" deepen the competences acquired throughout the introduction week. They can also be chosen independently.

>Spoken and written communicative competence in various everyday situations.
>Cultural competence

Interactive teaching

The module "German as a Foreign language" deepens the competences acquired during the introduction week. It can also be chosen independently.

The Introduction week at University of Liechtenstein introduces international students to living in Liechtenstein and studying in Liechtenstein.

• The irrelevance of corporate finance with respect to company value
• Cost of capital
• Capital value as decision element for investments
• Investment controlling and management
• Capital budgeting and risk
• New share issues and increase in share capital (problems with insider trading)
• Asymmetrical information, agency problems, manager compensation and measuring success
• Corporate financing in the case of conflict of interests
• between owners and managers
• between creditors and owners
• among several creditors
• Optimal finance structure in consideration of taxes
• Evaluation of options
• Real options
• Balance sheet analysis and methods for corporate rating (DCF, EVA, EBIT, EBITDA, ROE, ROI)
• Mergers and acquisitions

Interactive lecture with integrated practice through use of case studies.

After completing the module, the students have a broad and integrated knowledge in the area of corporate financing and corporate rating as well as an overview of the state-of-the-art research. They understand various modelling approaches where the influence of special aspects or institutions (e.g. asymmetrical information or taxes) on corporate financing is described, and they can develop and present solutions to these problems. They are additionally able to apply a range of mathematical procedures and to use them in scientific contexts to describe and solve presented problems. They are further able to employ subject-specific vocabulary according to the situation and to apply well-honed reasoning skills.

The principal concentration of the course is:

• Demonstrating the concept of irrelevance of corporate financing
• Explaining the cost of capital terminology
• Illustrating the capital value method as decision instrument
• Delineating investment controlling and management
• Outlining the principal of new share issues and increase in share capital
• Clarifying the problem of financing in the case of asymmetrical information
• Providing examples of the agency problem and illustrating various conflicts of interest
• Investigating the influence of taxes on investment activities
• Scrutinising the forms of option rating
• Practicing various methods of corporate rating
• Differentiating between mergers and acquisitions

The following conditions need to be met prior to registering for the module exam:

• successful completion of all first year full-time programme modules

Additionallly:
For students who started their studies in 2008:

• succesful completion of the module "Communication in English for Business"

or, alternatively,

• BEC II certificate

For students starting their studies in 2009:

• succesful completion of the module "Communication in English for Business"

• Building Blocks of "Corporate Entrepreneurship" (definition, general frameworks, differences between Corporate Entrepreneurship and Start-Up Entrepreneurship, process of Corporate Entrepreneurship, forms of Corporate Entrepreneurship)
• Creating a Corporate Entrepreneurship Organization (human resource management in entrepreneurial organizations, personality of corporate entrepreneurs, motivations for entrepreneurial behaviour, corporate strategy and entrepreneurship, elements and development of an entrepreneurial culture)
• Entrepreneurial Performance (constraints on entrepreneurial performance, leading an entrepreneurial organization, assessing entrepreneurial performance, sustaining entrepreneurial performance)

Interactive lecture with practical exercises (exercise course) and case studies, private study

"Corporate Entrepreneurship" provides the participants a practical impression of Corporate Entrepreneurship. At the end of the module students will

• know the relevant issues regarding Corporate Entrepreneurship.
• have got in touch with concepts on how to create a company with the spirit of Corporate Entrepreneurship.
• know how to measure Corporate Entrepreneurship related to its performance advantages.

The following conditions need to be met prior to registering for the module exam:

• successful completion of all first year full-time programme modules

Additionallly:
For students who started their studies in 2008:

• succesful completion of the module "Communication in English for Business"

or, alternatively,

• BEC II certificate

For students starting their studies in 2009:

• succesful completion of the module "Communication in English for Business"

Nationales, Internationales und Europäisches Steuerrecht
Internationale Steuerplanung: National und international tätige Unternehmen und Konzerne

• Concepts, theories and models pertaining to intercultural communication
• Intercultural management
• Development of intercultural awareness
• The dimensions in national cultures
• The value systems in cultures and their connection to human behaviour
• Eurocentrism versus ethnopluralism
• Xenophobia and multiculturalism
• Practically relevant exercises and behavioural rules
• Basic models, concepts and theories in the journalism and communication
• Media types and journalistic display formats
• Characteristics and practice of print journalism
• Characteristics and practice of radio journalism
• Characteristics and practice of television journalism
• Characteristics and practice of online journalism

Interactive lectures

The participants get to know the basic concepts, theories and models of intercultural communication. They become acquainted with the dimensions of national cultures and know how values in a culture develop. They understand the connection between values, behaviour and communication. They are able to analyse their own and foreign conversational situations, assess and evaluate the parameters. They appropriate for themselves the necessary cultural awareness, thereby enabling themselves to interact correctly in as unprejudiced a manner as possible according to the situation. In this way, they create for themselves a setting that enables them to act sensitively and successfully in intercultural contact. In addition, they are capable of integrating this knowledge into intercultural cooperation and global management.

Bachelor's degree programme in Business Information Systems: no requirements

Bachelor's degree programme in Business Administration:

The following conditions need to be met prior to registering for the module exam:

• successful completion of all first year full-time programme modules

Additionallly:
For students who started their studies in 2008:

• succesful completion of the module "Communication in English for Business"

or, alternatively,

• BEC II certificate

For students starting their studies in 2009:

• succesful completion of the module "Communication in English for Business"

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.