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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
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
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.
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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