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Sustainable Finance I

Sustainable Finance I

Module Coordinator/Lecturers
Study Programmes
Master's degree programme in Finance
Project Description
  • Current and past developments in sustainable finance
  • ESG data, data providers and materiality
  • Environmental and social impact
  • Channels of action: primary and secondary market, direct investments, real estate, politics
  • Tools of action: positive and negative screening, ESG integration, proxy voting and engagement, green bonds and loans, political influence
  • Regulatory frameworks and initiatives
Teaching Method
Lecture
Learning Results
  • Student will describe, understand and discuss past and current developments in sustainable finance
  • Students acquire a basic understanding of Sustainable EU-Regulation
  • Students understand the structure, challenges and alternative providers of ESG data
  • Students can distinguish between different types of sustainable finance products and investment strategies
  • Students understand and can apply the concept of materiality
Module number:
5910667
Semester:
SS 25
ECTS Credits:
3
Courses:
30 L / 23 h
Self-study:
68 h
Language:
English
Scheduled Semester:
2

International Taxation of Individuals and Legal Entities

International Taxation of Individuals and Legal Entities

Module Coordinator/Lecturers
Study Programmes
Master's degree programme in Finance
Master's degree programme in Innovative Finance
Project Description
  • Introduction to International and European Tax Policy and Tax Standards
  • Principles of national and international taxation of individuals
  • Introduction to taxation of individuals and legal entities in selected jurisdictions: FL, AT, CH, DE
  • Application of International Double Tax Treaties to individuals and legal entities
  • Application of Exchange of Information and Mandatory Disclosure Obligations under EU-DAC 6
  • International Tax Planning, Investment and Wealth Management Hubs: BM, BS, CH, HK, IRL, LU, SG
  • Input Statements by Liechtenstein financial service providers
  • Case studies: International Tax Planning of individuals and legal entities incl. MNE (Apple, Nike)
Teaching Method
Interactive lecture
Learning Results
After successful completion of this module, students
  • are familiar with the basic economic and legal principles in national and international taxation and can apply them;
  • understand the impact of international taxation in an Integrated and Globalised world on politics, consumers and investors;
  • have at their disposal comprehensive knowledge of national, international and European taxation regarding the development, investment and succession of assets and also with regard to asset investments and structures;
  • understand the institutional aspects of international tax standards and the respective multinational institutions, like the BEPS-Inclusive Framework and the Global Forum on Exchange of Tax Information;
  • are familiar with tax planning schemes used by multinational entities.
Assessment Methods
see lecture(s) within the module
Module number:
5910673
Semester:
SS 25
ECTS Credits:
3
Courses:
30 L / 23 h
Self-study:
68 h
Language:
English
Scheduled Semester:
2

Independent Study: Systematic Sustainable Catalogue (SD, 3 ECTS)

Independent Study: Systematic Sustainable Catalogue (SD, 3 ECTS)

Study Programmes
Master's degree programme in Architecture
Master's degree programme in Architecture
Project Description
This optional module allows for various kinds of research studies. It is closely connected to the five units of the Liechtenstein School of Architecture and is usually part of ongoing research projects. The supervision consists of directing the students towards clear results within a given field of research. The individual study is reviewed within the respective unit.

Sustainable Design Unit:
In this module, you will engage in a detailed analysis of a sustainability indicator such as Environmental, Social, and Governance (ESG) criteria, Sustainable Development Goals (SDGs), or building standards like LEED or DGNB. You will explore how these indicators can be integrated into a sustainability matrix. The scope and complexity of your research, as well as its relevance to architectural inquiries, will determine the workload, which will be agreed upon in consultation with your supervisor. Your interests and prior knowledge will be taken into consideration at the outset of the project. This elective module provides an opportunity to engage in research focused on defining sustainable building practices within the Alpine Rhine Valley. In alignment with ongoing research at the LSA, the module is centered on the development of a comprehensive catalogue of themes related to sustainable construction. Through comparative analyses of building labels and broader sustainability frameworks, you will examine how these themes can guide sustainable architectural practices in the region. This module presents a unique opportunity to contribute to the academic discourse on sustainability and to shape future building practices. Participants will conduct self-directed research working either individually or in collaborative groups. The scope of your work will be customized to align with the specific requirements of your project and will be overseen by the research unit. Essential literature and resources will be provided at the start of the course, with continual updates throughout the semester to support your research on sustainability in architecture.
Teaching Method
Self-defined design or research studies, developed individually or in groups agreed upon with research units and under the guidance of mentors. The size of the module is determined by the respective unit.
Learning Objectives
After successful completion of the course, students will be able to
Assessment Methods
Minimum 75% compulsory attendance, regular meetings with instructors, continuous assessment, portfolio and final review.
The final grade is calculated according to the weighting of the following components: final submission (80%) and oral presentation (20%).
Grade
Individual appointments will be set with the tutor.
Module number:
5912309
Semester:
SS 25
ECTS Credits:
3
Courses:
6 L / 5 h
Self-study:
86 h
Language:
English
Scheduled Semester:
3

Independent Study: Modern Architecture in Liechtenstein: Ernst Sommerlad (BH&U, 4 ECTS)

Independent Study: Modern Architecture in Liechtenstein: Ernst Sommerlad (BH&U, 4 ECTS)

Module Coordinator/Lecturers
Study Programmes
Master's degree programme in Architecture
Master's degree programme in Architecture
Project Description
This optional module allows for various kinds of research studies. It is closely connected to the five units of the Liechtenstein School of Architecture and is usually part of ongoing research projects. The supervision consists of directing the students towards clear results within a given field of research. The individual study is reviewed within the respective unit.

Built Heritage & Upcycling Unit:
Modern architecture came to Liechtenstein in 1924: on a bicycle in the form of the young German architect Ernst Sommerlad. Sommerlad reinterpreted international modernism for the Alpine region and created dozens of residential buildings in the Principality as well as in Appenzell, St. Gallen, Graubünden and Vorarlberg. On the occasion of a scientific symposium at the University of Liechtenstein in fall 2025, we are taking a close scientific look at Sommerlad' s broad and exciting oeuvre in cooperation with the state and the OST (Eastern Switzerland University of Applied Sciences). Be part of it!
Teaching Method
Self-defined design or research studies, developed individually or in groups agreed upon with research units and under the guidance of mentors. The size of the module is determined by the respective unit.
Learning Objectives
After successful completion of the course, students will be able to
Assessment Methods
Minimum 75% compulsory attendance, regular meetings with instructors, continuous assessment, portfolio and final review.
The final grade is calculated according to the weighting of the following components: final submission (80%) and oral presentation (20%).
Grade
Individual appointments will be set with the tutor.

Group projects are also possible, as well as group work with individual submissions.
Module number:
5912287
Semester:
SS 25
ECTS Credits:
4
Courses:
8 L / 6 h
Self-study:
114 h
Language:
English
Scheduled Semester:
3

Independent Study: Measuring Vitality (UD&SD, 4 ECTS)

Independent Study: Measuring Vitality (UD&SD, 4 ECTS)

Module Coordinator/Lecturers
Study Programmes
Master's degree programme in Architecture
Master's degree programme in Architecture
Project Description
This optional module allows for various kinds of research studies. It is closely connected to the five units of the Liechtenstein School of Architecture and is usually part of ongoing research projects. The supervision consists of directing the students towards clear results within a given field of research. The individual study is reviewed within the respective unit.

Urban Design & Spatial Development Unit:
What elements make up a neighbourhood that allows people to live without a car? Is it public transport and bike lanes, cafés and bars, shops and pharmacies or parks? How much of each and at what distance? In this independent study, you will measure the vitality of village centres in Liechtenstein, discuss what constitutes a car-free neighbourhood worth living in and how these centres can be improved.
The study is part of the research project 'Vitality analysis in the Rhine Valley - The x-minute city in the context of low to medium settlement density', which is being conducted by Dr Luis Hilti and Prof Michael Wagner from 2023 to 2026.
Teaching Method
Self-defined design or research studies, developed individually or in groups agreed upon with research units and under the guidance of mentors. The size of the module is determined by the respective unit.
Learning Objectives
After successful completion of the course, students will be able to
Assessment Methods
Minimum 75% compulsory attendance, regular meetings with instructors, continuous assessment, portfolio and final review.
The final grade is calculated according to the weighting of the following components: final submission (80%) and oral presentation (20%).
Grade
Individual appointments will be set with the tutor.

You can register for this independent study alone or in a group. For registration and enrolment, please get in touch with Luis Hilti directly: luis.hilti@uni.li
Module number:
5912313
Semester:
SS 25
ECTS Credits:
4
Courses:
8 L / 6 h
Self-study:
114 h
Language:
English
Scheduled Semester:
3

Werkzeuge & Methoden 3

Werkzeuge & Methoden 3

Study Programmes
Bachelor's degree programme in Architecture
Project Description
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.
Teaching Method
siehe nachfolgende Lehrveranstaltungen
Learning Objectives
Die Lernergebnisse und zu erwerbenden Kompetenzen dieses Moduls ergeben sich aus den nachfolgend beschriebenen Lehrveranstaltungen.
Assessment Methods
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.
Module number:
5812107
Semester:
WS 24/25
ECTS Credits:
4
Courses:
48 L / 36 h
Self-study:
84 h
Language:
German
Scheduled Semester:
3-4

Family Business & Sustainable Entrepreneurship

Family Business & Sustainable Entrepreneurship

Module Coordinator/Lecturers
Study Programmes
Master's degree programme in Entrepreneurship and Management
Project Description
Family Business & Succession
  • Grundlagen der Familienunternehmensforschung.
  • Stewardship vs. Agency Theory.
  • "Familiness" als strategische Ressource.
  • Familienunternehmen und ihre Umwelt.
  • Führung von Familienunternehmen.
  • Psychologische Einflussfaktoren in Familienunternehmen.
  • Generationenübergreifender Erfolg von Familienunternehmen.
  • Nachhaltiges Wachstum von Familienunternehmen.
  • Strategie und Change Management in Familienunternehmen.
  • Entrepreneurship in Familienunternehmen.
  • Marketing in Familienunternehmen.
  • Innovationsmanagement in Familienunternehmen.
  • Varianten der Unternehmensnachfolge (Familiennachfolge, Buyouts, etc.).
  • Darstellung der Übergabe-Situation.
  • Thesen der Nachfolgeproblematik.
  • Ganzheitliche Unternehmensnachfolge und Nachfolgeprozess.
  • Fehler, Ziele, Unterschiede, Konflikte im Nachfolgeprozess.
  • Spannungsfeld Familie, Generationen im Austausch.
  • Anforderungen an beteiligte Personenkreise.
  • Grundvarianten der Nachfolgeregelung.
  • Nachfolge als Chance für Investoren.
  • Management buy in, Management buy out.
  • Soziales Kapital und Beziehungsmanagement bei der Unternehmensnachfolge.

Corporate Governance
  • Einführung Corporate Governance (Aktualität, Begriffsdefinition).
  • Internationale Entwicklungen in der Corporate Governance
(monistischer und dualistischer Ansatz; Corporate Governance Reports; Situation zur Corporate Governance in der Schweiz, Deutschland, Österreich und Liechtenstein; Good Governance).
  • Grundlegende Mechanismen der Family Business- und Corporate Governance.

Social & Sustainable Entrepreneurship
  • Einführung in Social und Sustainable Entrepreneurship.
  • Social und Sustainable Entrepreneure: Motive, Kognitionen und Emotionen.
  • Unternehmerische Gelegenheiten und erfolgreiche Geschäftsmodelle in Social und Sustainable Entrepreneurship.
Module number:
6010699
Semester:
WS 25/26
ECTS Credits:
6
Courses:
48 L / 36 h
Self-study:
144 h
Language:
German
Scheduled Semester:
3

Workshop: Vernacular Architecture in the Danube Delta (SD, 2 ECTS)

Workshop: Vernacular Architecture in the Danube Delta (SD, 2 ECTS)

Study Programmes
Bachelor's degree programme in Architecture
Master's degree programme in Architecture
Bachelor's degree programme in Architecture
Master's degree programme in Architecture
Project Description
This module allows for various kinds of external workshops, summer schools, study trips, etc. It is not necessarily connected to the five units of the School of Architecture and often organised by other universities, consortia or research institutions. Usually, students attend workshops of 5 to 10 days and develop projects in groups. Presentations are reviewed by the workshop tutors.
Teaching Method
Design or research workshops in groups under the guidance of mentors and with the active participation of the students.
Learning Objectives
After successful completion of the course, students will be able to
Assessment Methods
Minimum 75% compulsory attendance and continuous assessment.
The final grade is calculated according to the weighting of the following components: final submission (60%), active participation (20%) and final presentation (20%).
Grade
Registration is only binding after confirmation from the workshop leader.

For Bachelor students: submissions can be done in German
Module number:
5912331
Semester:
SS 25
ECTS Credits:
2
Courses:
24 L / 18 h
Self-study:
42 h
Language:
English
Scheduled Semester:
5-6

Independent Study: Product Evolution Fluidglass (SD, 2 ECTS)

Independent Study: Product Evolution Fluidglass (SD, 2 ECTS)

Study Programmes
Master's degree programme in Architecture
Master's degree programme in Architecture
Project Description
This optional module allows for various kinds of research studies. It is closely connected to the five units of the Liechtenstein School of Architecture and is usually part of ongoing research projects. The supervision consists of directing the students towards clear results within a given field of research. The individual study is reviewed within the respective unit.

Sustainable Design Unit:
Research in Sustainable Architecture - Focus on Fluidglass This elective module invites participants to explore the transformative potential of Fluidglass technology within the realm of sustainable architecture. In alignment with the ongoing research at the LSA, this module allows you to examine how innovative facade technologies such as Fluidglass can influence the future of construction. Participants will have a unique opportunity to contribute to the advancement of Fluidglass in the context of sustainability and contemporary building practices. Depending on the desired credit allocation, tailored work packages will be developed. These may include an exploration of current advancements in facade technology, competitor and market analyses, or technical and cost simulations. Your interests and prior knowledge will be taken into account during the initial phase of the project. Participants will engage in self-directed research, working either individually or in collaborative groups. The scope of your work will be customized to meet the specific requirements of your selected work packages and will be guided by the research unit. While there are no formal prerequisites for this module, it is advisable to undertake it in the third semester to build upon foundational knowledge. Essential literature and resources will be provided at the commencement of the course, with regular updates throughout the semester to support your work and great importance is placed on equipping the participants with a strong foundation for future projects and scientific work in the field of sustainability.
Teaching Method
Self-defined design or research studies, developed individually or in groups agreed upon with research units and under the guidance of mentors. The size of the module is determined by the respective unit.
Learning Objectives
After successful completion of the course, students will be able to
Requirements (formal)
None.
It is recommended to complete this course in the third semester. The prerequisite for admission is a subject registration and the approval of the responsible unit.
Assessment Methods
Minimum 75% compulsory attendance, regular meetings with instructors, continuous assessment, portfolio and final review.
The final grade is calculated according to the weighting of the following components: final submission (80%) and oral presentation (20%).
Grade
Individual appointments will be set with the tutor.

Group projects are also possible, as well as group work with individual submissions.
Module number:
5912301
Semester:
SS 25
ECTS Credits:
2
Courses:
4 L / 3 h
Self-study:
57 h
Language:
English
Scheduled Semester:
3

Independent Study: Build less, more dense, more durable (UD&SD, 2 ECTS)

Independent Study: Build less, more dense, more durable (UD&SD, 2 ECTS)

Module Coordinator/Lecturers
Study Programmes
Master's degree programme in Architecture
Master's degree programme in Architecture
Project Description
This optional module allows for various kinds of research studies. It is closely connected to the five units of the Liechtenstein School of Architecture and is usually part of ongoing research projects. The supervision consists of directing the students towards clear results within a given field of research. The individual study is reviewed within the respective unit.

Urban Design & Spatial Development Unit:
Sustainable building is on everyone's lips. But most approaches are aimed at short-term measures such as the installation of insulation panels or the outlawing of concrete. In order to create long-term sustainable living in high-quality buildings, however, far more differentiated and comprehensive considerations are required.
In his book ‹Gegen Wegwerfarchitektur› (Verlag Klaus Wagenbach, 2023) Vittorio Magnago Lampugnani outlines a brief history of urban design and architectural consumerism and builds his reflections on a culture of substantial sustainability on this basis. He writes against the extinction of nature through urban sprawl and argues in favour of a strategy of density: only the compact city can be ecological. In order to reduce the immense material and energy consumption of the construction industry, he calls for a rigorous turnaround: turning away from the development of further building land and the unrestrained consumption of raw materials. Not demolish and then build again, but rather convert, restore and further develop.
The longer a building lives, the more ecological it is. In this Independent Study, we first read Lampugnani's book and then research the relevant data and figures on the current situation in Liechtenstein. What is the current state of affairs in the country in relation to the issues Lampugnani addresses?
Teaching Method
Self-defined design or research studies, developed individually or in groups agreed upon with research units and under the guidance of mentors. The size of the module is determined by the respective unit.
Learning Objectives
After successful completion of the course, students will be able to
Requirements (formal)
None.
It is recommended to complete this course in the third semester. The prerequisite for admission is a subject registration and the approval of the responsible unit.
Assessment Methods
Minimum 75% compulsory attendance, regular meetings with instructors, continuous assessment, portfolio and final review.
The final grade is calculated according to the weighting of the following components: final submission (80%) and oral presentation (20%).
Grade
Individual appointments will be set with the tutor.

For registration and enrolment, please get in touch with Michael Wagner directly: michael.wagner@uni.li
Module number:
5912315
Semester:
SS 25
ECTS Credits:
2
Courses:
4 L / 3 h
Self-study:
57 h
Language:
English
Scheduled Semester:
3
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