Business Process Management provides an introduction to fundamental concepts, frameworks, models, theories, and methods in process management and covers the operation, improvement, and innovation of business processes. Business Process Management (BPM) is one of the core topics of the degree programme, so the course also provides a basis on which students can choose their electives. The course covers eight primary topics:

• Business process operations
• Business process change
• Strategic alignment
• Business process governance
• Quality management
• Six Sigma
• BPM skills
• Organizational culture

• The course involves interactive lectures with exercises to integrate theoretical knowledge with practical design and analysis skills.
• The e-learning platform Moodle is used throughout the course to disseminate course material and for information and discussion.
• Case studies are used to discuss the course contents and to train students in using the methods covered.

After successful completion of the course, students will:

• understand the foundations and contextual roots of BPM (e.g., business process re-engineering, total quality management)
• understand the goals of BPM (e.g., time, cost, quality, sustainability)
• understand the core components of holistic BPM approaches (strategic alignment, governance, methods, technologies, people, culture)
• understand the key principles of good BPM

Written exam (90min)

In dieser Lehrveranstaltung wird der Baubestand als Materialbank und Lagerstätte materieller Güter und Werte betrachtet. Vermittelt werden Hintergründe zur Ressourcenknappheit, Materialbewertung, Strategien und Konzepte der zirkulären Bauwirtschaft. Neben der theoretischen Grundlagenvermittlung wird ein Fallbeispiel als Semesterübung
bearbeitet. Themen der Lehrveranstaltung sind u.a.: Rückbau und (Bau-)Abfälle, Methoden der Materialernte, Ressourcenbewertung und Inventarisierung, Konzepte und angewandte Beispiele der De-Montage, der Wieder- und Weiterverwendung, des Upcyclings und der Zirkularität im Bauen.

siehe nachfolgende Lehrveranstaltungen

Die Lernergebnisse und zu erwerbenden Kompetenzen dieses Moduls ergeben sich aus den nachfolgend beschriebenen Lehrveranstaltungen.

Die Abschlussnote wird errechnet aus den Noten der beiden Lehrveranstaltungen mit einer Gewichtung von jeweils 50%. Ein erfolgreicher Abschluss setzt zudem voraus, dass in beiden Lehrveranstaltungen jeweils mindestens die Note 4.0 erreicht wurde. Modalität siehe Lehrveranstaltung.

Financial Engineering provides an introduction to concepts and methods around financial derivatives and their use in the creation of tailor-made payoffs according to client needs. The course covers the following topics:

• Derivatives Markets and Instruments: Forwards, Futures, Options, Swaps
• Pricing of Equity, Fixed Income, and Currency Derivatives
• Hedging Using Derivatives
• Decomposing structured products into their components
• Creating tailor-made payoffs from basic financial instruments

• Interactive lecture
• Exercises to be solved individually or in groups between classes

After successful completion of the course, students will

Professional competences

• understand the factors in the attractiveness of structured products for clients.
• select and apply appropriate valuation models for derivatives in practice.
• devise and/or analyse derivatives strategies for speculation, hedging and arbitrage.

Methodological competences

• decompose structured products into basic assets.
• create tailor-made payoffs from standard derivatives.
• understand valuation models for financial derivatives.
• use Greek variables in risk management and financial engineering.

Technological competences

• use R in the context of financial engineering.

Architekturwerke haben die Eigenschaft, weit über die Schaffenszeit ihrer Autor:innen hinaus zu existieren, und müssen daher die Fähigkeit besitzen, selbsterklärend zu sein. Im Modul Werkzeuge und Methoden 3 wird den Studierenden sowohl auf künstlerischer als auch auf technischer Ebene vermittelt, wie Architekturwerke publiziert, kommuniziert und dokumentiert werden können.

siehe nachfolgende Lehrveranstaltungen

Die Lernergebnisse und zu erwerbenden Kompetenzen dieses Moduls ergeben sich aus den nachfolgend beschriebenen Lehrveranstaltungen.

Die Abschlussnote wird errechnet aus den Noten der beiden Lehrveranstaltungen mit einer Gewichtung von jeweils 50%. Ein erfolgreicher Abschluss setzt zudem voraus, dass in beiden Lehrveranstaltungen jeweils mindestens die Note 4.0 erreicht wurde. Modalität siehe Lehrveranstaltung.

Growth Strategies & Alliances

• Wachstum in unterschiedlichen Dimensionen als Erfolgstreiber für junge und etablierte Unternehmen.
• Ober- und Untergrenzen des Wachstums.
• Strategische Wachstumsrichtungen.
• Implikationen des Wachstums für Organisation und Führung.
• Strategische Allianzen als Expansionsstrategie.
• Möglichkeiten und Grenzen der Kollaboration junger Unternehmen mit grossen, etablierten Unternehmen.

Growth Simulation

• Entwicklung von Wachstumsstrategien junger Unternehmen in der komplexen Simulation "Growth".
• Zusammenhänge zwischen strategischer und operativer Führung (Galweiler-Schema).
• Unterschiede zwischen den Wachstumsstrategien junger Unternehmen und den strategischen Möglichkeiten grosser, etablierter Unternehmen.
• Ergänzung der Erfolgsbewertung der teilnehmenden Teams durch IT-gestützte Berechnung der Aktienkurse auf der Basis von KPIs.

Life Cycle Management of Product & Services

• Life Cycle Management als Prozess.
• Roadmapping als Planungsgrundlage für erfolgreiches Life Cycle Management.
• Product und Services Development.
• Market Test und Market Launch Strategien.
• Wachstum durch Product-Service-Systems.
• Strategien zur De-Commoditisierung.
• Kunden-Analytics im Life Cycle Management.

The Master's Thesis is carried out by the student as part of an Advanced Studio and is supervised by the unit. The thesis contains a developed hypothesis that is verified (or falsified) as part of the design project. In addition to the actual design project, the Master's thesis includes the design and production of the thesis book. This consists of
three parts: the documentation of the design project, a theoretical report and a technical report. The formal aspects of the thesis and the thesis book are described in the Master's thesis regulations.

Mentored project work in the design studio.

After successful completion of the course, students will be able to

Successful completion of 3 Advanced Studios in the Master´s degree programme.

Minimum 75% compulsory attendance, continuous assessment, midterm and final reviews.
The final grade is calculated according to the weighting of the following components: design project (60%), final presentation (10%) and thesis book (30%: 10% theoretical report, 10% technical report and 10% project documentation).

• The purpose of this course is twofold: First, invited talks by researchers from other institutions (and, occasionally, from the University of Liechtenstein) bring students in touch with cutting-edge research in their field. Second, students learn how to give an academic discussion of a paper using one of the talks as an example. The discussion will be delivered immediately after the talk in the research colloquium, and students will receive feedback on their performance. Our goal is to provide research colloquia for all specializations, but the course may not be offered for all specializations in each academic year. Students from two specializations may be gathered into one colloquium for organizational reasons. Key topics covered are: Current research in business economics Structure and content of an academic paper discussion

Presentations, discussions with feedback.

• After successful completion of the course, students will Professional competence Prepare and deliver a discussion of a research paper at a research seminar. - Social competence Interact with scientists in different phases of their career. Formulate critical questions in a neutral and professional manner. - Personal Competence Reflect on one’s own performance and professional behavior.

For the specialisations in Economics and Finance the module is offered as part of the Finance Research Seminar. The module coordinator for ECO and FIN is Assistant Prof Dr Sebastian Stöckl. Please register for the desired module directly in the module.

Finance Research Seminar

For the specialisations in Entrepreneurship and Management and Information Systems the module is not offered internally at the moment. The process flow for external modules can be found on
uni.li/legal. It is not possible to register directly for the desired module here. The module coordinator for ENT and IS is Prof Dr Michael Hanke. If you have any further questions, please contact doktorat@uni.li.

Practise listening, reading, speaking, and writing skills and competences to reach an advanced C1 level (cf. CEFR descriptors) and be able to take an English certificate exam at C1 level

Interaction, coaching

Develop skills and competences to reach an advanced C1 level (cf. CEFR descriptors), be able to take an English certificate exam at C1 level

• listening:

o understand extended speech even when it is not clearly structured and when relationships are only implied and not signalled explicitly

• reading:

o understand long and complex factual and literary texts, appreciating distinctions of style
o understand specialised articles and longer technical instructions

• speaking:

o express oneself fluently and spontaneously without much obvious searching for expressions
o use language flexibly and effectively for social and professional purposes
o formulate ideas and opinions with precision and relate contribution skillfully to those of other speakers
o present clear, detailed descriptions of complex subjects integrating sub-themes, developing particular points and rounding off with an appropriate conclusion

• writing:

o express oneself in clear, well-structured text, expressing points of view at some length
o write about complex subjects in a letter, an essay or a report, underlining what are considered the salient issues
o select style appropriate to the reader in mind

Available on Moodle

Parts of assessment
A: written exam
B: oral exam

Attendance: minimum 80% required

Grading

cross-faculty course:
Rules for registration: www.uni.li/cross-faculty

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