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Courses taught in English at TH Köln Faculty of Business, Economics and Law Please check the availability and schedule for the spring semester starting 1 March and for the winter semester starting 1 September. www.f04.fh-koeln.de/studium/vorlesungsverzeichnis, language course are offered by the Language Center http://www1.fh-koeln.de/slz/ This document was downloaded from: www.f04.fh-koeln.de/kooperation-forschung/internationale_kooperationen/00853/index.html Bachelor Level Fall Term Spring Term ECTS HOURS/ WEEK ECTS HOURS / WEEK Introduction to International Business (Please note: you must register for this course) 6 4 Behavioural Economics (Please note: you must register for this course) 6 4 Year I Managerial Microeconomics 6 4 International Supply Chain Management 6 4 International Macroeconomics 6 4 Cross Cultural Competence 6 4 Business Ethics Year II International Management Accounting 6 4 Export Management & International Marketing 6 4 International Economics 6 4 Effective Environmental Scanning – Simulation Game 6 4 International Projects Negotiating Across Cultures 6 4 6 4 6 4

Courses taught in English at TH Köln Faculty of Business ... · Effective Environmental Scanning ... Year III Internationa. ... International logistic markets and specifications

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Courses taught in English at TH Köln Faculty of Business, Economics and Law

Please check the availability and schedule for the spring semester starting 1 March and for the winter semester starting 1 September. www.f04.fh-koeln.de/studium/vorlesungsverzeichnis, language course are offered by the Language Center http://www1.fh-koeln.de/slz/

This document was downloaded from: www.f04.fh-koeln.de/kooperation-forschung/internationale_kooperationen/00853/index.html

Bac

hel

or

Leve

l

Fall Term Spring Term ECTS HOURS/

WEEK ECTS HOURS/ WEEK

Introduction to International Business (Please note: you must register for this course) 6 4 Behavioural Economics

(Please note: you must register for this course) 6 4

Year I Managerial Microeconomics 6 4 International Supply Chain Management 6 4

International Macroeconomics 6 4

Cross Cultural Competence 6 4

Business Ethics

Year II International Management Accounting 6 4 Export Management & International Marketing 6 4

International Economics 6 4 Effective Environmental Scanning – Simulation Game 6 4

International Projects

Negotiating Across Cultures 6 4

6 4

6 4

Please check the availability and schedule for the spring semester starting 1 March and for the winter semester starting 1 August. www.f04.fh-koeln.de/studium/vorlesungsverzeichnis

Document available for download at: www.f04.fh-koeln.de/kooperation-forschung/internationale_kooperationen/00853/index.html

Bac

hel

or

Leve

l

Fall Term Spring TermECTS HOURS

/ WEEK ECTS HOURS/ WEEK

Year III

International Finance (Please note: you must register for this course) 6 4

International Management & Business Consulting 6 4

Effective International Planning and Controlling- Simulation Game (taught in German and English)

6 4

Mas

ter

Leve

l

Year I

Quantitative Methods 6 4 Global Strategy 6 4

Global Economics (course is also called: Advanced Managerial Economics, often taught as a block course)

6 4 International Risk Management 6 4

Strategic & Operative Int’l Marketing 6 4 Cross Cultural Management 6 4

Global Business Logistics 6 4 International Leadership and Corporate Governance

6 4

International Business Development 6 4 International Business Law 6 4

Knowledge Management (Please note: You must register for this course)

6 4

Year II Multidisciplinary Research 6 4

Bachelor Courses

Sprachlernzentrum Aktiv und lebendig

Sprachen lernen für Studium, Alltag und Beruf

For further information on our courses please go to:

www.th-koeln.de/sprachlernzentrum

Modul für Studierende der Fakultät 04 B2 English: Negotiating Across Cultures

In an increasingly globalized business world negotiations require strong language skills and intercultural competence. Those who know what it takes to succeed on the international stage and how to navigate various business contexts have a clear competitive edge at university as well as in professional life.

This course offers you the opportunity to develop your fluency in spoken and written English, with a clear focus on training the negotiation skills required when working for an international company or an employer in an English speaking country.

Contents: • Small talk and cultural awareness• Presentation skills• Negotiations:

o Preparing the ground and setting the agendao Guiding the negotiation processo Establishing and clarifying positionso Making and responding to proposalso Managing conflict

Entrance level: B2 of the “Common European Framework of Reference for Languages” as a minimum requirement. For placement test details please read the information on the SLZ website.

Online registration for placement starts on February 19, 2018. Please register at: https://www.th-koeln.de/internationales/einstufungstests_17964.php.

Course specifics: 4 class hours per week, certificate, 6 ECTS-points

Requirements/assessment: written examination plus oral presentation

Lecturer: Suzanne Weiler

Times: 1:30 to 4:45pm Venue: Claudiusstr. 1

Duration: Courses at the Language Learning Center (SLZ) will run from April 4th until July 10th in the summer semester 2018.

Name of the module Behavioral Economics (Economic Psychology)

Objective of the module

(expected learning results and

competences to acquire)

Knowledge: Students will be able to describe psychological

underpinnings of economic behaviour and recent theories in

behavioural economics.

Understanding: They can explain the dominant model of

choice in economics (rational choice model), summarize the

main assumptions and they will know how to include

psychological findings into that model. In particular, they will

be able to understand individual decision making under risk

and uncertainty and the influence of different biases and

heuristics on everyday behaviour.

Application: Students will apply key concepts and research

techniques of behavioural economics in case studies (e.g.

consumer behaviour) and/or experiments.

Analysis: Moreover, by the end of this module students will

be capable of analyse the effectiveness and efficiency of

interactive decision making like cooperation, competition, or

bargaining from an economics psychological point of view.

Synthesis/ Evaluation: Students can combine the key

elements of behavioural economics theories and apply them

to new situations and judge, what solutions is the best

according to the theories. They can evaluate different

outcomes and alternatives.

Content of the module - Introduction to Economic Psychology and Behavioural Economics

- Biases and heuristics (e.g. Status Quo Bias, Do No Harm Heuristics, hindsight bias, anchoring effect)

- individual and social preferences - bounded rationality - framing effects - emotional influences on decision making by investors and

consumers - altruism and cooperation as alternatives to competition - game theory - the determinants of happiness - moral behaviour such as crime and corruption

Code of the module

PSSO number

1.02.01.

1150

Type of the module

(compulsory, elective, etc.)

Elective Module

Semester 2. Semester

Number of ECTS-Credits

(based on the workload)

6 (4 SWS, 180h consisting of 45h seminar / contact hours,

45h reading of literature, 70h preparation of presentation

and 20h preparation for lectures/ cases)

Name of the lecturer Prof. Dr. Dominik H. Enste

Admission requirements Undergraduate knowledge of Micro-Economics is helpful;

interest in psychology and good English is necessary

Recommended literature

Ariely, Dan: Predictably Irrational, New York: Harper

Perennial, 2009

Gigerenzer, Gerd: Gut Feelings, New York: Viking, 2007

Kahnemann, Daniel, Thinking, Fast and Slow, 2012

Teaching and study methods

Presentation of students and lecturer; Experiments in class,

survey on the street, Case studies (companies using biases

and heuristics for selling products); Experiments with real

incentives (Hot vs. Cold decisions Making);

Interviews/videos prepared by students about specific

topics. The students will present the results of their

individual research by using up to date techniques.

Evaluation (Performance

review and duration)

Presentation/ Experiments 80%

written exam at the end of the module 20%

(30 minutes)

Regular attendance of Course and Active

Participation is expected

This module has a weight of 3.33 percent in relation to the

final grade.

Instruction language English

Others (e.g. Online-parts,

company visits, guest

speakers etc.)

Guest Speakers (psychologists) might be invited

Name of the module International Supply Chain Management

Objective of the module

(expected learning results and

competences to acquire)

Logistics is one central driver and enabler of globalisation.

In globally distributed value-chains the planning, control and

realisation of worldwide flow of information, goods and

payments is of strategic importance for the companies.

Students who finished this Module are able to:

To describe logistic processes and activities in global value-

chains and to describe the order-to-payment flows

holistically,

To analyse causes and effects in global supply chains

To reason the contribution of logistics for company success,

To identify and operate levers of improvement,

To apply selected methods of logistics management and

logistics controlling

Content of the module Basics of logistics and supply chain management

The development of logistics from transportation to

management of processes and flows

Logistic key activities in modern supply chain management

Structures of global supply chains

Importance of logistics and supply chain management for

the top management

Influence of supply chain management on company success

Key factors and levers of success of logistics for the top

management

Formation and optimisation of supply chains

Basic methods of recording and modelling processes and

flows

Principles of optimising processes and streams

Supply chain cooperation and value partnerships

Strategies in distribution and procurement

International, multi modal transport chains: cross-border

surface transport, sea freight and airfreight

Selected methods of logistic management and logistic

controlling

Balanced scorecard in logistics

Activity based costing (Prozesskostenrechnung) and time-

driven activity based costing

Analysis of capital employed in global supply chains

International logistic markets and specifications of

submarkets

Specifications of the most important logistical submarkets

Market volume and development of the European logistics-

economy

Specifications of extra-European logistic markets, e.g. China

and North America

Code of the module

PSSO number

1.02.02.

1170

Type of the module

(compulsory, elective, etc.)

Elective Module

Semester 2. Semester

Number of ECTS-Credits

(based on the workload)

6

Name of the lecturer Prof. Dr. Thomas Krupp

Admission Requirements a) Content None b) Formal None

Recommended literature

Bowersox, Donald J., Closs, David J., Cooper M. Bixby

“Supply Chain Logistics Management”, 2nd ed., Mcgraw-Hill

Higher Education 2006.

Christopher, M.: „Logistics and Supply Chain Management”,

Prentice Hall, 2011.

Delfmann et. al.: „Positionspapier zum Grundverständnis

der Logistik als wissenschaftliche Disziplin“ in: „Flexibel –

sicher – nachhaltig“, Wimmer, T., Grosche, T. (Hrsg.), DVV

Media Group GmbH, Hamburg, 2011, S. 262-274.

abrufbar unter http://www.bvl.de/positionspapier

Harrison, A.; Van Hoek, R.: “Logistics Management and

Strategy”, Prentice Hall, Harlow et al., 5th revised edition,

2014.

Kille, C., Schwemmer, M.: „Top 100 in European Transport

and Logistics Services 2013/2014”, Hamburg: DVV Media

Group, 2013.

Klaus, P., Krieger, W., Krupp, M. [Hrsg.]: „Gabler Lexikon

Logistik – Management logistischer Netzwerke und Flüsse“,

Wiesbaden: Gabler, 5. Aufl. 2012.

Krupp, T.; Krupp, M.; Klaus, P.: “A Quantum Leap in

Reducing Working Capital Commitment in a Global Supply

Chain”, Council of Supply Chain Management Professionals

(CSCMP): San Antonio 2006.

Krupp, T., Suntrop, S., Veres-Homm, U.: “Supply Chain in

the Boardroom – 5 Levers to boost a Chemical Companie´s

Bottom Line”, Bonn: 2015.

Pfohl, H.: „Logistiksysteme“, Berlin: Springer, 8. Aufl. 2013.

Teaching and study methods Seminar-like classes in blocks with integrated practical

cases

Evaluation (Performance

review and duration)

Portfolio as a report of defined research topics and

exercises/case studies as well as a short presentation

related to the course weeks content.

Instruction language English

Name of the module Introduction to International Business

Objective of the module

(expected learning results and

competences to acquire)

At the end of the course, the students will be able to

a) identify and describe the basics of international

business administration

b) formulate and solve the diverse aspects and problems

of national and international business activities

Content of the module

1) Fundamentals of business administration: a) Planning, decision and control b) Corporate constitutions c) Organisation d) Financial mathematics and financial management

2) Topics of international management a) National and international activities, multinational

enterprises b) Regionalisation/Globalisation c) The setting of international business activities in

the areas Marketing, Production, Human Resources, Organisation, Finance & strategic Management

3) Scientific work and presentation techniques

Code of the module

PSSO number

2.01.

2010

Type of the module

(compulsory, elective, etc.)

Compulsory Module

Semester 1. Semester

Number of ECTS-Credits

(based on the workload)

6 (4 SWS, 180h total work, consisting of 60 contact hours

(of 45 minutes each) and 135 hours of independent study)

Name of the lecturer Prof. Dr. Michael Volkmann

Admission requirements None

Recommended literature

Eisenführ, F.; Theuvsen, L.: Einführung in die Betriebswirtschaftslehre, 4. Auflage, Stuttgart: Schäffer-Poeschel, 2004. Rugman, A. M.; Hodgetts, R. M.; Collinson, S., International Business. Fourth Edition. London: Financial Times Prentice Hall, 2011.

Teaching and study methods

Literature studies and case studies accompanied by lectures

Country analysis under political, economic, social and technological aspects (PEST) in group work

Internet-/data research

Evaluation (Performance review Exam: 70%; 60 minutes

and duration) Research Paper 30 %

This module has a weight of 3.33 percent in relation to the

final grade.

Instruction language English

Others (e.g. Online-parts,

company visits, guest speakers

etc.)

Work materials (Slides, Exercises, case studies) are available in ILIAS (E-Learning-Portal)

Name of the module Export Management and International Marketing

Objective of the module

(expected learning results and

competences to acquire)

On completion of this module, students will be able to:

- understand the principles of international marketing; - understand the special features of international marketing

Content of the module - analyze the current national and international situation of a company

- conduct surveys based on a knowledge about the specifics of international market research

- discuss about the advantages and disadvantages of different forms of market entry strategies

- to apply a brand positioning to culture specific needs - apply marketing instruments in an international context - understand the main activities of export management

Code of the module

PSSO number

2.03.

2030

Type of the module

(compulsory, elective, etc.)

Compulsory Module

Semester/Trimester 4. Semester

Number of ECTS-Credits

(based on the workload)

6 (4 SWS, 180h total work, consisting of approx. 50 contact

hours and 130 hours of independent study)

Name of the lecturer Prof. Dr. Michael Volkmann

Admission requirements None

Recommended literature Albaum, Gerald; Duerr, Edwin: Internationales Marketing

und Export Management (electronic book), Seventh edition,

London: Pearson, 2011

Teaching and study methods Seminar

Evaluation (Performance review

and duration

Exam (60 min): 60 %

Presentation: 30%

Management Summary: 10%

This module has a weight of 3.33 percent in relation to the

final grade.

Instruction language Englisch

Others (e.g. Online-parts,

company visits, guest speakers

etc.)

Name of the module International Management Accounting

Objective of the module

(expected learning results and

competences to acquire)

Upon completion of the module, students will have

understood the fundamentals of management accounting

Content of the module

1. Introduction to cost terms and concepts 2. Planning and control 3. Cost-volume-profit analysis 4. Measuring relevant costs and revenues for decision-

making 5. Pricing decisions and profitability analysis 6. Relevant costs for decision making 7. Capital investment decisions; appraisal methods 8. Sensitivity and decision making governance 9. Cost assignment 10. Activity-based costing 11. The budgeting process 12. Standard costing and variance analysis

Code of the module

PSSO number

2.02.

2020

Type of the module

(compulsory, elective, etc.)

Compulsory Module

Semester/Trimester 3. Semester

Number of ECTS-Credits

(based on the workload)

6 (4 SWS; 180 hours total workload, con-sisting of 60

contact hours (of 45 minutes each) and 135 hours of

independent study)

Name of the lecturer Mr. De Wet Herselman

Admission requirements none

Recommended literature Drury, Colin: Management Accounting for Business,

Cengage Learning 2013

Managerial Accounting, Garrison, Noreen

Langenbeck, Jochen: Kosten- und Leistungsrechnung,

Herne: NWB, 2011.

Teaching and study methods Lectures

Evaluation (Performance

review and duration)

Klausur: 60 Min. (100%)

Gewichtung des Moduls im Verhältnis Gesamtnote: 3,33

Prozent

Instruction language Englisch

Others (e.g. Online-parts,

company visits, guests)

Work materials (Slides, Exercises, case studies) are

available in ILIAS (E-Learning-Portal)

Bezeichnung des Moduls International Finance

Ziel des Moduls (erwartete Lernergebnisse

und zu erwerbende Kompetenzen)

‘I define globalization as producing where it’s

the most cost effective, selling where it is most

profitable, and sourcing capital where it is

cheapest, without worrying about international

boundaries’ – Narayana Murthy. This course

will introduce students to the international

financial implications of international business

activities, such as is defined in the quote above

including international financial management,

international corporate finance, and dealing with

the international capital markets as sources of

finance.

By the end of this module, students will: - Understand the exchange rate risks,

opportunities and tools available to manage international business

- be aware of the risks and opportunities which international capital markets pose to internationally active firms including transaction exposure, translation exposure and operating exposure

- Know and understand the opportunities and risks of international capital market

- have developed the skills to identify, analyze and evaluate financial scenarios of international firms and to understand the role of standard financial instruments like futures, forwards, swaps and options in international corporate finance.

- be able to demonstrate their analytical skills by analyzing real time data of foreign financial markets

Inhalt des Moduls

- Structure and development of the international financial system and discussing the continuing financial crisis

- International Capital Markets - International Corporate Finance - International Financial Management

Code des Moduls

PSSO Nummer

2.04.

2040

Art des Moduls (Pflicht, Wahl, etc.) Compulsory Module

Semester/Trimester 6. Semester

Zahl der zugeteilten ECTS-Credits

(basierend auf dem Arbeitspensum)

6 (4 SWS, 180h total work, consisting of 60

contact hours, 60 hours of preparation and

homework, and 60 hours of independent study)

Name des Hochschullehrers Prof Dr. De Wet Herselman

Zugangsvoraussetzungen

Recommended: The modules Microeconomics

and Macroeconomics

Empfohlene Literaturliste

(Lehr- und Lernmaterialien, Literatur)

Eiteman, David K; Stonehill, Arthur, I; Moffet,

Michael, H, Multinational Business Finance,

13th Edition, Pearson, 2013.

Ernst, Dietmar; Häcker, Joachim: Applied

International Corporate Finance, 2nd Edition,

München: Vahlen, 2011.

Ergänzende Literatur:

Berk, Jonathan; DeMarzo, Peter: Corporate

Finance (Global Edition), 2nd Edition, Harlow:

Pearson 2011.

Pilbeam, Keith: International Finance, Third

edition, Basingstoke: Palgrave Macmillan,

2005.

IMF (International Monetary Fund), o. Datum.

“Global Financial Stability Report”

<http://www.imf.org/external/

pubs/ft/gfsr/index.htm> (11.08.2010)

Lehr- und Lernmethoden Seminar

Bewertungsmethoden (Lernkontrolle/

Leistungsüberprüfung auch Dauer der

Prüfung)

Exam 100%, 60 Min.

This module has a weight of 3.33 percent in

relation to the final grade.

Unterrichts-/Lehrsprache English

Besonderes (z.B. Online-Anteil,

Praxisbesuche, Gastsprecher etc.)

Please register for the course, using ILIAS.

Analysis of real time data may entail project

work in teams and a high degree of internet

based communication.

Name of the module International Management and Business Consulting

Objective of the module

(expected learning results and

competences to acquire)

The course is designed to familiarize the students with

state-of-the-art concepts of strategy and tools for strategic

analysis. They learn the relevant terminology and specific

frameworks to analyze industries and firms. The students

will apply and refine their knowledge in class discussions

and deepen it with an in-depth analysis of a specific

strategy school.

Content of the module

Examination of various schools of strategy with regards to

their specific potential for explaining firm performance,

guiding managerial behavior and providing a basis for

business consulting.

Code of the module

PSSO number

3.02.

3020

Type of the module (compulsory,

elective, etc.)

Compulsory Module

Semester/Trimester 6. Semester

Number of ECTS-Credits (based

on the workload)

6 (4 SWS; 180 total workload, consisting of 60 contact

hours (of 45 minutes each) und 135 hours of independent

study)

Name of the lecturer Prof. Dr. Christian Rennert

Admission requirements None

Recommended literature Information about relevant literature will be given in the

introductory class.

Teaching and study methods Seminar

Evaluation (Performance review and duration)

Weekly assignments: 50%

Team presentation: 50%

This module has a weight of 3,33 percent in relation to the

final grade.

Instruction language English

Others (e.g. Online-parts,

company visits, guest speakers

etc.)

Students will be expected to prepare the classes and

attend them regularly since the essential part of the

learning takes place in class through lively and active

discussion.

Name of the module International Management and Business Consulting

Objective of the module (expected

learning results and competences to

acquire)

Students practice project management skills and collect

practical experiences within the work of a business

consultant. They organize their individual and group tasks

and plan, prepare, implement and evaluate a consulting

project with social background. Students justify and

defend decisions as well as find compromises and

negotiate with entrepreneurial focus.

Participants recognize, analyse and question the

composition of teams and the roles members play in

projects.

Based on analysis of target audience, environment,

consulting markets, other non-profit organizations etc.

students draw real (business) decisions and

operationalize the decision in an appropriate business

(action) plan:

Combining target audience, market, non-profit organizations etc. into management tools and interpreting available or gained data to draw a proven decision for the social project

Evaluating of decision with project targets Realizing the reflected decision into a business

(action) plan or even better setting up social projects into real life

Content of the module

Marketing - applied

Attracting clients Retaining clients “Selling” concepts / results Consulting

Analysing Business Environments Adopt theory to non-profit organisations Communicate with clients Research and Data gathering - applied

Market Research Design Desk Research Observation and Interviewing Sources, reliability and assumptions Analysis and Results - applied

Data analysis Samples and statistics Conclusions and recommendations

Reporting & Presentation- applied

Concepts for meeting audience requirements Present results to clients and prospective clients Negotiating - applied

Resources Deadlines Commitment Implementation and Completion of Project - applied

Implementation of the project

Code of the module

PSSO number

3.02.

3020

Type of the module (compulsory,

elective, etc.)

Compulsory Module

Semester/Trimester 6. Semester

Number of ECTS-Credits (based on

the workload)

6 ( 4 SWS; 180 hours total workload, consisting of 30

contact hours (of 45 minutes each) and 157,5 hours of

independent study)

Name of the lecturer Prof. Dr. M. Volkmann, S. Halwas (MBA)

Admission requirements

Recommended: Modules of the first five semesters,

especially “International Marketing”; “Managerial

Microeconomics”, “International Macroeconomics”,

“International Economics” and “International Projects” (or

comparable courses from other universities)

Students should be prepared and able to

report on cultural models, perception and dimensions

and effectively deal with diversity

describe basic economic concepts; completion and

markets

explain the marketing mix

manage tasks independently as well as in a team

Recommended literature

Murphy, Owen J.: International Project Management,

Mason, Ohio: Thomson, 2005

Teaching and study methods

Moderated discussions; application of concepts and

methods in groups; video-assisted instruction; video

conferencing; educated visits and interviews; self-

organized building of competences and coaching

Evaluation (Performance review and duration)

Project Pitch 30%

Final Project Audit 70%

This module has a weight of 3.33 percent in relation to the

final grade.

Instruction language English

Others (International) Project Work:

A social projetct is planned and implemented Participation in scheduled activities is required Visiting organizations / companies (if appropriate) Online communication and cooperation (e.g. Skype,

email…) is used by students and lecturer

Max. number of participants 60

Name of the module Managerial Microeconomiccs

Objective of the module

(expected learning results and

competences to acquire)

After attending the module students will be able to:

- understand the basic concept of demand and supply and to apply it within the business context,

- apply the basic elements of the industry analysis, - understand and analyze the origin of consumer and

company decisions, - recognize the influence of different types of markets on

the corporate governance, - understand and basically evaluate the different

responsibilities of government and international institutions in the context of competition, environment and economics.

During the attendance of the course, the students will

acquire the basic competences to present as well as to

work and write academically in English.

Content of the module

During the course, the basic concepts of microeconomics

will be taught and need to be completed by intensive

reading of the suggested literature. The contents of the

course will be examined and deepened by questions

regarding theory as well as practice in terms of exercises

as well as case study:

1. Economic questions and concepts 2. The theory of demand 3. The theory of companies 4. Competition and market types 5. Risk and uncertainty 6. Distribution of income 7. Governmental interventions 8. Human behaviour and decisions.

Code of the module

PSSO number

4.01.

4010

Type of the module

(compulsory, elective, etc.)

Compulsory Module

Semester/Trimester 1. Semester

Number of ECTS-Credits (based

on the workload)

6 (4 SWS; 180 hours total workload, consisting of 60

contact hours (of 45 minutes each) and 135 hours of

independent study)

Name of the lecturer Prof. Dr. Frank Gogoll, Prof. Dr. Manfred Kiy

Admission requirements None

Recommended literature Salvatore, Dominick: Managerial Economics in a Global

Economy, Eighth Edition, Florence et. al.: Thomson South-

Western, 2014.

Mankiw, Nicholas G.: Principles of Microeconomics, Fifth

Edition, New York: South-Western College, 2009.

Teaching and study methods Seminar

Evaluation (Performance review and duration)

Written Exam: 75% (60 min);

Presentation/Paper: 25%

This module has a weight of 3.33 percent in relation to the

final grade.

Instruction language English

Others Work materials (Slides, Exercises, case studies) are

available in ILIAS (E-Learning-Portal)

Name of the module International Macroeconomics

Objective of the module

(expected learning results and

competences to acquire)

Students will be enabled to develop the competences:

to understand the macroeconomic environment (e.g. economic crisis, inflation, unemployment etc.) of corporate decision making

to make use of actual macroeconomic analyses to incorporate macroeconomic developments in

economic decision making

Content of the module

1. Macroeconomic Data Analysis for Open Economies 2. Short-Run Open Economy Macroeconomics 3. Long-Run Open Economy Macroeconomics 4. Macroeconomic Problems 5. Macroeconomic Policies

Code of the module

PSSO number

4.02.

4020

Type of the module

(compulsory, elective, etc.)

Compulsory Module

Semester/Trimester 2. Semester

Number of ECTS-Credits (based

on the workload)

6 (4 SWS; 180 hours total workload, consisting of 60

contact hours (of 45 minutes each) and 135 hours of

independent study)

Name of the lecturer Prof. Dr. Harald Sander

Admission requirements None

Recommended literature

Blanchard, O.: Macroeconomics, latest edition, London:

Prentice Hall, latest edition.

Samuelson, Paul A.; Nordhaus, William D.: Economics,

latest edition, New York: McGraw-Hill, latest edition.

Teaching and study methods Seminar

Evaluation (Performance review and duration)

Examination: 70%, 60 Min, centrally planned Assignments: 30% This module has a weight of 3.33 percent in relation to the final grade.

Instruction language English

Other Handouts, Case Studies, Exercises

Name of the module International Economics

Objective of the module

(expected learning results and

competences to acquire)

By the end of this module students will: - have developed an understanding of international

economic interdependencies and their effects internationally active firms

- be able to assess the effects of changes in wages, interest rates, exchange rates, tariffs and quantitative trade restrictions on prices and quantities of internationally traded goods and on international movements of capital and labor

- be aware of the role of domestic political constituencies for international economic policy formulation

- be able to demonstrate their analytical and research skills and their problem solving skills by working with real time country data and case studies

- appreciate the multitude of sources of information provided by the internet

Content of the module

In a lecture style, key concepts of international trade and

their relationship with national policymaking will be

presented. The relevance of exchange rates for cross

border business decisions will be highlighted and models

of exchange rate determination will be introduced.

The importance of international policy coordination and the

role of international institutions (IMF, World Bank, WTO)

will be highlighted.

Empirical analysis of business and economic conditions in

selected foreign countries will be performed.

Code of the module

PSSO number

5.01.

5010

Type of the module

(compulsory, elective, etc.)

Compulsory Module

Semester/Trimester 3. Semester

Number of ECTS-Credits (based

on the workload)

6 (4 SWS, 180h total work, consisting of 60 contact hours,

60 hours of preparation and homework, and 60 hours of

independent study)

Name of the lecturer Prof. Dr. Wolfgang Veit

Admission requirements Basic Macroeconomics, Microeconomics courses

Recommended literature

Krugman, Paul R.; Obstfeld, Maurice: International

Economics, 9th edition, München, Boston u.a.: Pearson,

2011

Teaching and study methods Lecture and seminar

Evaluation (Performance review and duration)

Exam 50%, 60 Min.

Presentation of Research Paper: 50%

This module has a weight of 3.33 percent in relation to the

final grade.

Instruction language English

Name of the module Effective Environmental Scanning – Simulation Game

Objective of the module

(expected learning results and

competences to acquire)

After attending the course the students will be able to:

- describe and evaluate the economic environment of companies (on national as well as international basis),

- analyze the consequences of economic concepts as well as arrangements,

- understand and explain economic complexity with the help of econometric methods,

- develop, to phrase and to defend targets as well as strategies within group work

Content of the module

1) Empirical economic research 2) Econometrics 3) Economic-political concepts 4) Economic simulation model

Code of the module

PSSO number

9.04.

10040

Type of the module

(compulsory, elective, etc.)

Compulsory Module

Semester/Trimester 4. Semester

Number of ECTS-Credits (based

on the workload)

6 (4 SWS, 180h total work, consisting of 60 contact hours (45

minutes each) and 135 hours of independent study)

Name of the lecturer Prof. Dr. Kiy, Prof. Dr. Gogoll

Admission requirements

Recommended literature

Clement, R.; Gogoll, F.; Kiy, M.; Natrop, J., Terlau, W. und Veit, W.: Economic Simulation Game (Students Guide), FH Köln, 2010. Clement, R.; Gogoll, F.; Kiy, M.; Terlau, W.; Veit,: Praxis der Wirtschaftspolitik, München: Vahlen, 2001.

Teaching and study methods

Econometrical case study (continuous improvement of results in

combination with the analysis of data)

SWOT-analysis

Role-playing

Training of negotiation and presentation skills

Evaluation (Performance review and duration)

Written exam 50%, max. 60 Min

Assignment / Presentation 50%

This module has a weight of 3.33 percent in relation to the final

grade.

Instruction language English

Others Practical work with econometrical methods by using a computer

Name of the module Cross-Cultural Competence

Objective of the module

(expected learning results and

competences to acquire)

Students will

get thorough understanding of the term „culture“ and different cultural models

develop an awareness of their own culture and exercise to compare this to other cultures

experience and combine theoretical and empirical work while working on a topic related project

develop argumentative support for their findings

work within multi-cultural teams. This develops the ability to

communicate across cultural borders

manage cross cultural teams

prepare a publishable product under tight time constraints

Content of the module

Definitions of culture

Cultural models

Perception of culture

Values, attitudes, behaviours and culture

Cultural orientation

Dimensions of culture

Our culture / the other culture

Dealing with difference

Culture shock

Effective behaviours in a business environment

Code of the module

PSSO number

9.01.

9030

Type of the module

(compulsory, elective, etc.)

Compulsory Module

Semester/Trimester 3. Semester

Number of ECTS-Credits (based

on the workload)

6 (4 SWS; 180 hours total workload, consisting of 60

contact hours (of 45 minutes each) and 120 hours of

independent study)

Name of the lecturer Prof. Dr. Susann Kowalski

Admission requirements To have a basic understanding of what business, business

administration and management mean.

For incoming non-business students:

To have a basic understanding of their future sphere of

work and the relevant business related questions.

Recommended literature

Hofstede: “Cultures and Organizations”

Trompenaars: “Riding the waves of culture”

Hall: “Beyond Culture”

Levine: “Geography of Time”

House, R. J., Hanges, P. J., Javidan, M., Dorfman, P. W.,

Gupta, V.: “Leadership, Culture and Organizations: The

GLOBE study of 62 societies”

Teaching and study methods

Short presentations by teacher followed by discussions to be able to describe and argue culture, cultural dimensions, pros and cons of differences and similarities, to be able to transfer everyday situation to business situations

Working out the own cultural repository to be able to describe the culture of a person

Comparing the own cultural repository with the cultural repositories of teammates and anticipate changes and risks in working together before the work starts. Presenting this part shortly. At the end of the project reflecting the anticipations and arguing why the expectations became true or didn’t become true to be able to anticipate cultural influences on the co-operation and to take proactive measures to control risks as well as to make chances become true.

Describing, interpreting and solving a critical cultural incident a student went through and presenting it shortly to be able to recognize a critical incident, to reflect on it and to solve this situation and/or to prevent similar situations

Working in a cross-cultural team on a practical task o Getting through all the steps of project management

(preparation, planning, executing, controlling, ending) under the special circumstances of cross-cultural co-operation use methods of project management in a cross-cultural environment, i.e. to manage cross-cultural teams, to successfully communicate in cross-cultural teams

o Fulfilling the project’s task co-operate and produce valuable outcome together with colleagues from other cultures, to manage cross-cultural teams, to successfully communicate in cross-cultural teams; also: enhancement of methodical competencies like research for information, reading and summarizing texts, structuring information etc.

o Writing a project documentation write a publishable text under the special circumstances of cross-cultural co-operation and tight time constraints, to manage and successfully communicate in cross-cultural teams

o Presenting the project product prepare and give a presentation

Evaluation (Performance review and duration)

Documentation of research results: 50%

Presentation of research results: 20%

Documentation of the cross-cultural exercises:30%

This module has a weight of 3.33 percent in relation to the

final grade.

Instruction language English

Others Course involves team work on research/project topics.

Regular attendance is indispensable.

Name of the module Effective International Planning and Control –

Simulation Game

Objective of the module

(expected learning results and

competences to acquire)

You apply techniques to plan and control activities of an international company.

You analyse stakeholders and identify opportunities and threats in the external environment.

You analyse the internal situation and assess the strength and weaknesses of a multinational organization.

By applying a simulation game you gather and interpret relevant information based on the outcomes of the analysis and you elaborate and evaluate possible strategies and select the strategy which most likely allows the company to reach their objectives.

Content of the module

The budgeting process Management control systems Divisional financial performance measures Transfer pricing in divisionalized companies Strategic cost management Strategic performance management

Code of the module

PSSO number

9.03.

10010

Type of the module

(compulsory, elective, etc.)

Compulsory Module

Semester/Trimester 6. Semester

Number of ECTS-Credits (based

on the workload

6 (4 SWS; 180 hours total workload, con-sisting of 60

contact hours (of 45 minutes each) and 135 hours of study

on your own)

Name of the lecturer Prof. Dr. Kurt Bienert

Admission requirements Students have basic abilities: to understand the macroeconomic environment (e.g.

changes in wages, exchange rates, inflation, etc.), to plan and realize concrete marketing strategies and

marketing measures (e.g. analyze customers and competitors, setting prices and marketing expenses),

to calculate costs of products, customers and regions, to apply different investment methods, to identify and interpret correlations in logistic (e.g. the

relation between sales forecast, production volume and stock level).

Recommended literature

Drury, Colin: Management Accounting for Business, Cengage Learning 2013

TOPSIM – Going Global, Participants’ Manual, Part I and II, Tübingen 2014

Weber, Jürgen und Schäffer, Utz: Einführung in das

Controlling 2014 Merchant, Kenneth A.; Van der Stede, Wim A. (2007),

Management Control Systems. Performance Measurement. Evaluation and Incentives. Prentice Hall, Pearson Education

Bowhill, Bruce: Business planning and control. Chichester 2008, John Wiley & Sons, Ltd

Teaching and study methods

Seminar-like classes Reading texts, presenting a solution of exercises. Simulating a management game

Evaluation (Performance review and duration)

Written exam: yes (60 %) 60 min.

Research paper: no

Oral exam: no

Management game: yes (30%)

Presentation: yes (10%)

Gewichtung des Moduls im Verhältnis Gesamtnote: 3,33

Prozent

Instruction language English

Others none

Name of the module International Projects

Objective of the module

(expected learning results and

competences to acquire)

Students practice international project management skills

and draw conclusions from their experience. They

organize their individual and group tasks and plan,

prepare, implement and evaluate a market research.

They are able to identify, discuss and question the basic

principles of markets, competition and international trade.

They interpret data and summarize results. They forecast

future developments and provide recommendations.

Students are able to recognize, anticipate and evaluate

intercultural differences. Their oral and written

communication style and means are matched to the need

of the respective audience. Students recognize, analyze

and question the composition of teams and the roles

members play in projects. They justify and defend

decisions as well as find compromises.

Content of the module

The Basics

Project Management Team Work Export Opportunity Survey – purpose, content and

audience Research and Data gathering - applied

Market Research Design Desk Research Using databases (e.g. ITC Tools) Observation and Interviewing Sources, reliability and assumptions

Analysis and Results - applied

Data analysis Samples and statistics Conclusions and recommendations

Reporting - applied

Concepts for meeting audience requirements

Code of the module

PSSO number

9.05.

1310

Type of the module (compulsory,

elective, etc.)

Compulsory module

Semester/Trimester 4. Semester

Number of ECTS-Credits (based 6 (4 SWS; 180 hours total workload, consisting of 52

on the workload) contact hours (of 45 minutes each) and 141 hours of

independent study)

Name of the lecturer Prof. M. Volkmann, Stefanie M. Halwas (MBA)

Admission requirements Recommended: Modules of the first three semesters,

especially “Grundlagen des Marketing”; “Managerial

Microeconomics”, “International Macroeconomics” and

“International Economics” (or comparable courses from

other universities)

Students should be prepared and able to

report on cultural models, perception and dimensions and

effectively deal with diversity

describe basic economic concepts; completion and

markets

recognize key concepts of international trade and

macroeconomic policies

define the relevance of international institutions

explain the marketing mix

compare business and economic conditions in different

countries and know the basics about macroeconomic

data analysis

Recommended literature

Information Material (Tutorials, User Guides) of the

International Trade Center, o. Datum

<www.intracen.org>, [accessed: 19.01.2015]

Aaker, David a.; Kumar, V.; Day, George S.: Marketing

Research, New York: Willey, 2007

Hague, Paul; Hague, Nick, Morgan Carol-Ann: Market

Research in Practice, London, Sterling: Kogan Page,

2004

Murphy, Owen J.: International Project Management,

Mason, Ohio: Thomson, 2005

Teaching and study methods

Moderated discussions; application of concepts and

methods in groups; video-assisted instruction; video

conferencing; educated visits and interviews; self-

organized building of competences and coaching

Evaluation (Performance review and duration)

Oral exam 50%

Research paper 50%

This module has a weight of 3.33 percent in relation to

the final grade.

Instruction language English

Others (International) Project Work:

A market brief is prepared in (international) teams Participation in scheduled activities is required Feedback based on video-taping of presentations Visiting organizations / companies (if appropriate) Online communication and cooperation (e.g. Skype,

email…) is used by students and lecturers

Max. number of participants 60

Name of the module Business Ethics

Objective of the module

(expected learning results and

competences to acquire)

Knowledge: The students will have basic knowledge of

ethical concepts relevant to business. Having completed

the course, they will be aware of ethical and moral issues

in everyday life and the limits of intuition in ethical decision

making.

Understanding: They can define an ethical problem,

understand the problem, and explain solutions from an

ethical and economic perspective based on ethical

models.

Application: They will know how to build a corporate

culture within a company and how to implement a value

management system and apply this general knowledge to

real life examples.

Analysis: In this context, students will be able to describe,

analyse and discuss the possible conflicts between

economics and ethics and develop solutions. The can

scrutinize simple arguments and solutions.

Synthesis: Students can argue how to avoid ethical

conflicts by implementing tools and rules on three different

levels (micro, meso and macro Level) and give examples.

Evaluation: Students will have the theoretical background

to compare different solutions and evaluate their impact on

companies and societies. They can evaluate on what level

solutions can and should be implemented and can

implement them in practice.

Content of the module

- Introduction to Business Ethics - Normative Foundations of Institutional and Individual

Ethics - Behavioural Ethics. Morality and Psychology - Corporate Social Responsibility - Value Management Systems - Stake- vs. Shareholder Value - Corruption, Child labour - Economic Crime - Corporate Culture - Individual Leadership

Code of the module

PSSO number

9.02.

1330

Type of the module

(compulsory, elective, etc.)

Compulsory Module

Semester/Trimester 2. Semester

Number of ECTS-Credits (based

on the workload)

6 (4 SWS, 180h consisting of 45h seminar / contact hours,

45h reading of literature, 70h preparation of presentation

and 20h preparation of presentation)

Name of the lecturer Dr. Dominik H. Enste

Admission requirements Helpful: Introduction to Management theory and Micro

Economics; Special Interest in philosophical and ethical

issues;

Recommended literature

Noll, Bernd: Wirtschafts- und Unternehmensethik in der

Marktwirtschaft, Stuttgart, Berlin, Köln u.a.: Kohlhammer,

2002

DeGeorge, Richard T., Business Ethics, 7.ed, Pearson,

2013

Crane, Andrew; Matten, Dirk: Business Ethics, Oxford:

Oxford University Press, 2010 (includes case studies)

Teaching and study methods

Presentation of research results by students and lecturer;

Case Studies, real life examples from Companies and their

marketing strategy; interactive discussion about solutions;

workshop on strategies for win-win-Solutions (Profit &

People & Planet), Video analyses on business ethical

behaviour (e.g. The Insider; Rogue Trader – High Speed

Money, Flow), Group work.

Students will present the results of their individual research

by using up to date techniques.

Evaluation (Performance review and duration)

Presentation (45-60 Min.) 80 %

written exam at the end (30 Min.) 20 %

Regular attendance of Course and Active Participation is

expected.

This module has a weight of 3.33 percent in relation to the

final grade.

Instruction language English

Others Guest speaker might be invited from companies

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