MODULE CATALOGUE - WiSo-Fakultät · PDF fileSPM Supplementary module ... including English-speaking environ- ... major are described in respective module catalogue

Please keep in mind the year of validity.

2017/18

FACULTY OF MANAGEMENT,

ECONOMICS AND SOCIAL SCI-

ENCES

UNIVERSITY OF COLOGNE

PROGRAMME MANAGEMENT UNIT

MODULE CATALOGUE

BUSINESS ADMINISTRATION: Supply Chain Man-agement

MASTER OF SCIENCE

IN ACCORDANCE WITH THE EXAMINATION REGULATIONS FOR THE SINGLE MAJOR MASTER PROGRAMME IN BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION: Supply Chain Management - MASTER OF SCIENCE

ii

PUBLISHED BY: Programme Management Unit of the Faculty of Management, Economics and Social Sciences (“WiSo Faculty”)

EDITED BY:

AD Dr. Johannes Antweiler, Programme Director

Angelika Weiland M. Sc., Programme Manager

ADDRESS: Albertus-Magnus-Platz, 50923 Cologne

E-MAIL: [email protected]

INFORMATION CORRECT AS OF: 18 September 2017


iii

Contacts

WiSo Student Services Advisor(s):

Nicole Kienel, Dipl. Hdl.

Carina Piek, M.Sc.

WiSo Student Services

+49 (0)221/ 470 - 8818

[email protected]

Programme Manager(s): Angelika Weiland

WiSo Programme Management Unit

Programme Director: AD Dr. Johannes Antweiler


iv

List of abbreviations

AM Advanced module PRES Presentation

AS Assignment PRP Project Report

C Course SI Studium Integrale

CC Compulsory course SM Specialisation module

CH Contact hours (= time spent in

class) SPM Supplementary module

CM Core module SPW Semester period per week

CS Case study SSt Self-study

EC Elective course TP Term paper

ECTS Credit point (ECTS) TPF Time required for preparation and

follow-up

OE Oral examniation TR Credit points transferred from an-

other university

PCR Practical component report WL Workload

PO Portfolio WT Written test

PR Project


v

Table of contents

CONTACTS ............................................................................................................... III

LIST OF ABBREVIATIONS ...................................................................................... IV

1 BUSINESS ADMINISTRATION ........................................................................... 1

1.1 Content and objectives of the programme ............................................................... 1

1.2 Requirements .......................................................................................................... 2

1.3 Programme structure ............................................................................................... 3

1.4 Study Abroad Option ................................................................................................ 3

1.5 Sample study plan ................................................................................................... 6

2 SUPPORT FOR STUDENTS ............................................................................... 8

2.1 Calculation of the overall mark ................................................................................. 8

2.2 Rules for failed attempts .......................................................................................... 8

2.3 Subject-specific advice and examination advice ...................................................... 9

2.4 Other sources of information and advice .................................................................10

3 CURRICULUM AND MODULE DESCRIPTIONS .............................................. 11

3.1 Core and advanced section ....................................................................................11

3.2 Supplementary section ............................................................................................11

3.3 Specialisation section .............................................................................................13

3.4 Master’s thesis ........................................................................................................14

3.5 Module Descriptions ..............................................................................................15

3.5.1 Core and Advanced Section .................................................................................15

3.5.2 Specialisation section ...........................................................................................36

3.5.3 Supplementary Section ........................................................................................57

3.5.4 Master Thesis .................................................................................................... 186


1

1 Business Administration

The job opportunities for graduates from the M.Sc. Business Administration programme com-

bine tasks requiring specialist expertise and responsibility for HR and budget matters in busi-

nesses. The specialist expertise is acquired through the chosen major. The management com-

ponents are covered through content concerning management roles and the requirements they

pose with regard to analytical thinking in dynamic contexts, method-driven, target-oriented be-

haviour, reliability and stress resistance in planning and reporting phases and confident inter-

cultural communication in line with the situation at hand, including English-speaking environ-

ments. The communication skills required include those needed for situations in which em-

ployees and clients need to be involved, informed or given feedback. The specifics of each

major are described in respective module catalogue.

1.1 Content and objectives of the programme

Graduates gain competences on master’s level of the German Qualifications Framework for

German Higher Education Qualifications (Deutscher Qualifikationsrahmen für

Hochschulabschlüsse), which correspond to Level 7 of the German Qualification Framework

(Deutsche Qualifikationsrahmen). The specific intended learning outcomes are as follows:

Graduates have detailed specialist knowledge in their specified specialisations and are able to

apply that knowledge in different contexts at various levels of aggregation, including cases in

which solutions are sought to business administration problems affecting various areas. They

are able to identify special features and differences in terminology and content and assign

them to the different concepts and doctrines of the field in question whilst also hypothetically

accepting different standpoints and viewing the problem from different perspectives. Gradu-

ates contribute their own standpoints to debate and thus help develop joint standpoints within

a group or organisation. They actively support the principles of academic discourse, call for

arguments to be backed up by methodical and systematic evidence and assess the quality of

those arguments. Graduates understand businesses’ role and responsibility in society and can

cope with the challenges and changes in professional life in an ethically and morally appropri-

ate manner. They are able to keep abreast of research findings, question them and integrate

them into their professional context in an innovative way. They can vary solutions according to

the situation at hand, taking into account dynamic effects and side effects, which they reflect

on and anticipate. Graduates are able to work on new solutions or research questions in a

methodically efficient way independently and in a team and to take responsibility for the results

of their work and, where necessary, special responsibility for the work of the group. They indi-

cate their own standpoint and that of the group when faced with alternative decisions and

assess the alternatives based on variable criteria, i.e. social, ethical and academic standards.


2

They present the results of their work in a way that is understandable for the target group,

using relevant and efficient media formats. They justify them to experts and clients, even where

the information available to them is incomplete or unreliable.

The major in Supply Chain Management (SCM) impart knowledge about theories and typical

patterns of behaviour in the areas of strategy development, logistics and production manage-

ment, purchasing, service management, intra-company and inter-company planning, optimi-

sation and controlling. Graduates are able to describe and analyse economic questions. Addi-

tonally they know the meaning of enterprise value, compliance and social responsibility as well

as of the interaction of intra-company functions and inter-company coordination of a supply

chain. The SCM major is designed for future executives in national and internationcal context

of logistics and production planning, management consultancies and IT service providers.

1.2 Requirements

To be accepted for the Master in Business Administration programme with the Supply Chain

Management major, applicants must have successfully completed a bachelor programme, on

which they earned at least 180 ECTS credits, or an equivalent programme. In accordance with

the Regulations concerning determination of aptitude for the Business Administration pro-

gramme for the major in Supply Chain Management, a programme is deemed successfully

completed if the overall mark was at least 2,7 or international equivalent.

The Bachelor programme must also comply with the following subject-related criteria:

at least 78 ECTS credits in the field of Business Administration and Economics and

o of which at least 48 ECTS in the field of Business Administration and

o of which at least 18 ECTS in the field of Economics and

at least 15 ECTS credits in the field of Statistics and/or Mathematics (methodological

expertise only, no user expertise).

Applicants must provide proof that they have an adequate knowledge of German if neither their

studies towards their first higher education qualification (e.g. bachelor) nor towards their gen-

eral qualification for university entrance were conducted in German. Students may commence

their studies if they have passed the German language test for admission to higher education

(Deutsche Sprachprüfung für den Hochschulzugang/DSH) or an equivalent test. They must

prove that they have DSH-2 or DSH-3 level. Proof of English language skills to at least B2 in

line with the Common European Framework of Reference for Languages must also be sup-

plied by the deadline for application. The generally established certificates (TOEFL, IELTS,

etc.) are recognised.

If the number of applicants who meet the admission requirements is higher than the number

of places available on the programme, a selection process is conducted to rank the applicants.


3

The selection procedure is based on the result of the applicant’s bachelor degree or of a degree

recognised as being equivalent and the result of a voluntary aptitude test (TM-WISO or GMAT).

1.3 Programme structure

The Master in Business Administration programme comprises 120 ECTS credits, lasts four

terms as the standard period of study and consists of the following subject categories: the core

section (18 ECTS credits) consists of basic method modules, chosen by the student. The spe-

cialisation section (48 ECTS credits) consists of modules for the respective major and the

seminar. In the supplementary section (24 ECTS credits), students can choose from among a

wide range of possibilities in the fields of business administration, economics and social sci-

ences. The last section is the master’s thesis, carrying 30 ECTS credits.

1.4 Study Abroad Option

The WiSo Faculty offers a broad range of study abroad options within an excellent network of

prestigious partner universities worldwide. The so-called Study Abroad Programme (STAP)

includes ERASMUS exchanges and provides an opportunity for a single-term stay at one of

the WiSo Faculty's partner universities.

Successful STAP applicants benefit from direct contact and organisational support at the part-

ner university and are exempt from paying tuition fees there. The range of universities available

depends on the master course on which the student is enrolled – the possible options are listed


4

in the WiSo EXchange (WEX) International Outgoings Portal (access through the stu-

dent's UoC account only), along with detailed information on each university.

Every year, in addition to the STAP programme, the WiSo Faculty organises an exclusive

short-term study option WiSo@NYC which takes place in New York City.

In addition to these options offered by the Faculty, master students can also apply for a non-

WiSo exchange, offered by Dezernat 9 – Internationales (Central International Office of the

University of Cologne) within the ‘fakultätsübergreifende Partnerschaften’ framework. Further

possibilities are going abroad as a freemover (i.e. as a student who organises his or her stay

abroad individually) or participating in short courses or summer schools offered under separate

terms and conditions.

For all study abroad options, the International Relations Center (ZIB WiSo) serves as

point of information and advice.

The Faculty’s Study Abroad Programme (STAP):

Master students should plan and submit their application for a term abroad at the beginning of

their master course. The STAP main selection round takes place once a year with application

deadline 1 December and allows for an application either for fall term or spring term of the

following academic year. Detailed information on the selection criteria and the best preparation

for a STAP application can be found online in the STAP Master Application Manual. (As

an exception, if a certain number of slots are still available for spring term, a secondary STAP

selection round will be offered in May, with a limited choice of exchange opportunities):

https://wex-outgoings-wiso.uni-koeln.de/login/auth

http://www.international.wiso.uni-koeln.de/international-profile/contact/

http://www.international.wiso.uni-koeln.de/outgoing-students/term-abroad/stap-master/


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Credit transfer options from studies abroad:

The WiSo Faculty has put a lot of emphasis on internationalisation in the design of its master

courses, offering broad credit transfer options for all kinds of study abroad options. Each mas-

ter course includes at least one "Studies Abroad" module, with a broad range of courses suit-

able for credit transfer. In addition, a single course-to-course credit transfer can be considered.

For more information on credit transfer rules and regulations, please go to WiSo Credit

Transfer Center > Information > Studies Abroad. For any questions regarding credit transfer,

students can contact the ZIB WiSo or the WiSo Credit Transfer Center.

https://www.anrechnungwiso.uni-koeln.de/default/start?lang=en





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1.5 Sample study plan

M.Sc. PROGRAMME IN BUSINESS ADMINSTRATION,

MAJOR in Supply Chain Management

Term EC / CC

Module Section ECTS

1 EC Core module I Core section 6

1 EC Core module II Core section 6

1 EC Specialisation module I Specialisation section 12

1 EC Specialisation module II Specialisation section 6

30

2 EC Specialisation module III Specialisation section 6

2 EC Specialisation module IV Specialisation section 12

2 EC Supplementary module I Supplementary section 12

30

3 CC Core module Management Skills Core section 6

3 EC Specialisation module V Specialisation section 6

3 CC Specialisation module Seminar Specialisation section 6

3 EC Supplementary module II Supplementary section 6

3 EC Supplementary module III Supplementary section 6

30

4 CC Master’s thesis Business Administration Master’s thesis 30

30


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M.Sc. PROGRAMME IN BUSINESS ADMINSTRATION,

MAJOR in Supply Chain Management (Studies Abroad included)

Term EC/CC

Module Section ECTS

1 EC Core Module I Core section 6

1 EC Core Module II Core section 6

1 EC Specialisation Module I Specialisation section 12

1 EC Specialisation Module II Specialisation section 6

30

2 CC Core Module Management Skills Core section 6

2 CC Specialisation Module Seminar Specialisation section 6

2 EC Specialisation Module III Specialisation section 6

2 EC Specialisation Module IV Specialisation section 12

Studies Abroad 30

3 EC Specialisation Module V Specialisation section 6

3 EC Supplementary Module Studies Abroad I Supplementary section 12

3 EC Supplementary Module Studies Abroad II Supplementary section 12

30

4 CC Master’s thesis Business Administration Master’s thesis 30

30


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2 Support for students

2.1 Calculation of the overall mark

The marks for core and advanced, supplementary and specialisation categories are calculated

as the weighted arithmetic mean of the marks for the respective modules, based on the

weighting system described in the annexes. In the case of end-of-module examinations con-

sisting of several components, the mark for the module is calculated as specified in the annex.

The overall mark for the degree is calculated as the weighted arithmetic mean of the marks for

the subject categories and the mark for the master’s thesis. On the Business Administration

programme, the weighting for the contributions to the overall mark is as follows:

a) Mark for core and advanced section: 12 of 114 ECTS credits

b) Mark for specialisation section: 48 of 114 ECTS credits

c) Mark for supplementary section: 24 of 114 ECTS credits

d) Mark for master’s thesis: 30 of 114 ECTS credits

2.2 Rules for failed attempts

Students may retake module examinations that they have failed. The number of attempts is

limited to three per module. Modules offered by faculties other than the Faculty of Manage-

ment, Economics and Social Sciences (“WiSo Faculty”) may be subject to different rules.

In addition, a further two resit attempts can be granted to students at any point of the pro-

gramme. If they wish to take additional resits, they must apply to do so in writing to the WiSo

Examination Office within three months of their examination result being announced. If a stu-

dent’s application is approved, the additional examination attempt must take place within

twelve months. Students who have accumulated at least 90 credit points shall be granted a

further additional attempt. If a student fails an examination in the two additional attempts and

the extra attempt for students with 90 points or more, they are deemed to have failed the

programme at the final attempt. However, students may only apply for additional attempts be-

yond the initial three attempts if No recommendations of the first three examination attempts

were failed due to cheating or to an offence. We recommend all students who fail the initial

three attempts to seek advice from WiSo Student Services before embarking upon an addi-

tional attempt.


9

Where a module examination consists of several components, the candidate must obtain a

“bestanden” (pass) mark, or at least an “ausreichend (4,0)“ (sufficient) mark, in all of the ex-

amination components. All components marked “mangelhaft (5,0)” or “nicht bestanden” (fail)

must be retaken.

It is not possible to resit module examinations that have already been passed.

A failed master’s thesis can be retaken once, with a new topic. Students must register for their

second attempt within six months of the result of their first attempt being announced.

2.3 Subject-specific advice and examination advice

The WiSo Faculty has established a Double Master's Programme in Business Administra-

tion in cooperation with several partner universities. Students admitted to the double degree

track are spending one year at a partner university and receive the master’s degrees of both

universities after successful completion. The International Relations Center (ZIB WiSo)

serves as point of information and advice concerning the application process and the study

plan.

WiSo Student Services (WiSo-Studienberatungszentrum) provides general advice on stud-

ies, including the possibilities available and the requirements, for all programmes offered by

the WiSo Faculty. It offers subject-specific recommendations concerning students’ study plan

for their first term on the respective programme plus information on the structures of the various

programmes. WiSo Student Services is also the first place to turn to for students with other

questions and problems related to their studies. It can be contacted by phone, in person and,

of course, e-mail. Please notice the opening hours and contact data on the website.

Subject-specific advice is provided during the designated times by the University’s faculty

members and associated teaching staff (“akademische Mitarbeiterinnen und Mitarbeiter”) in-

volved in the teaching on the programme. The designated times are announced by means of

notices in the institutes and on the departments’/institutes’ websites.

Legally binding information concerning examinations and examination procedures is provided

by the WiSo Faculty Examination Offices. These offices also issue transcripts of records in

German and English, ranking certificates and letters of assignment to the appropriate term of

the programme. All the necessary information, contact details and opening hours can be found

on the website.

https://www.wiso.uni-koeln.de/de/studium/master/double-masters-programmes/business-administration/

https://www.wiso.uni-koeln.de/de/studium/master/double-masters-programmes/business-administration/


https://www.wiso.uni-koeln.de/en/studies/service-and-guidance/wiso-student-service/

https://www.wiso.uni-koeln.de/en/faculty/managing-board/examination-office/front-page/


10

2.4 Other sources of information and advice

The campus management system used by the University of Cologne KLIPS 2.0 can also be

used as the WiSo Faculty’s online course catalogue and to (un)subscribe for lectures and ex-

amonations. Students who have questions concerning KLIPS should contact the KLIPS Sup-

port. Important dates and deadlines are published at the KLIPS information website.

International students who study at the WiSo Faculty for part of their programme can turn to

the International Relations Center (“Zentrum für Internationale Beziehungen” or “ZIB”)

for help with any questions they have. Cologne University students preparing to study abroad

can also contact the ZIB for support. The Center also runs a variety of summer schools, short

programmes and Business English courses. The services, courses and people to contact can

all be found on the website.

The Faculty’s Credit Transfer Centre (Zentrum für die Anrechnung auswärtiger Leis-

tungen) is responsible for recognising credits accumulated in other institutions. This applies

both to credits students have gained at other higher education institutions in Germany or

abroad prior to studying at the WiSo Faculty, and to (advance) transfer of credits that students

plan to accumulate abroad or have already accumulated abroad as part of a WiSo Faculty

programme. This system does away with the need to make individual inquiries to depart-

ments/institutes and examination offices. Students can find out everything they need to know

about the transfer process on the website.

The WiSo Career Service offers advice and support, in cooperation with other partners, for

students from the WiSo Faculty looking for an internship or profession that is right for them. It

also helps them as they plan their career and apply for jobs. In addition, the WiSo Career

Service organises seminars, presentations and special events in cooperation with employers

and external and internal experts. All of the necessary information can be found on the website.

The WiSo IT Service runs regular courses dealing with standard software and field-specific

programs.

Students who are having difficulties with their studies or their personal lives can seek help from

the Psychosocial Counselling Service run by the Kölner Studentenwerk. In addition to coun-

selling, it also provides advice on writing and learning skills plus support for pregnant students

and students who have children.

A further service is Nightline Köln, the listening and information helpline run by students for

students at all of Cologne’s institutions of higher education.

https://klips2.uni-koeln.de/co/webnav.ini

http://www.klipsteam.uni-koeln.de/hilfesupport.html?&L=1

http://www.klipsteam.uni-koeln.de/hilfesupport.html?&L=1

https://www.wiso.uni-koeln.de/en/studies/organizing-your-studies/information-about-klips-and-klips-20/

https://www.wiso.uni-koeln.de/de/international/


http://www.wiso-career.uni-koeln.de/en/

https://www.wiso.uni-koeln.de/de/service/wiso-it-services/

http://www.kstw.de/

http://www.nightline-koeln.de/


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3 Curriculum and module descriptions

3.1 Core and advanced section

In accordance with section 29(1), No. 1 of the Examination Regulations, the examination candidate must obtain 18 ECTS credits in the core and advanced section.

Group

Module ECTS CC/

EC Re-quired ECTS Basic methods Marketing Core Module Management Skills 6 CC 6 18

Core Module Optimization 6 EC 12

Core Module Simulation 6 EC

Core Module Selected Methods for Supply Chain Management EC

Specialisation Module Digital Transformation II EC

Core Module Econometrics 12 EC

Core Module Microeconomics II 6 EC

Specialisation Module Advanced Statistics (Stochastic Processes) 6 EC

Specialisation Module Advanced Statistics (Statistical Inference) 6 EC

Core Module Experimental Methods 6 EC

Core Module Applied Econometrics 6 EC

3.2 Supplementary section

In accordance with section 29(1), No. 3 of the Examination Regulations, the examination candidate must obtain 24 ECTS credits in a sub-group of the supplementary section.

Group

Module ECTS CC/

EC

Required ECTS

Business Research Specialisation Module Research in Finance 1 (Research Track) 6 EC 24

Specialisation Module Research in Finance 2 (Research Track) 6 EC

Specialisation Module Research on Organizations and Innovation (Re-search Track)

6 EC

Specialisation Module Research in Personnel Economics: Incen-tives and Behaviour (Research Track)

6 EC

Specialisation Module Research in Supply Chain Management (Re-search Track)

6 EC

Specialisation Module Research in Marketing (Research Track) 6 EC

Core Module Econometrics (Research Track) 12 EC

Core Module Microeconomics I (Research Track) 6 EC

Core Module Microeconomics II (Research Track) 6 EC

Core Module Macroeconomics I (Research Track) 6 EC

Core Module Macroeconomics II (Research Track) 6 EC

Core Module Mathematics / Methods (Research Track) 12 EC

Controlling Specialisation Module Operative and Strategic Controlling 12 EC 24

Specialisation Module Value-Based Controlling 6 EC

Specialisation Module Selected Issues in Controlling 6 EC

Specialisation Module Selected Issues in Accounting 6 EC

Specialisation Module Finance 7 6 EC


12

Corporate Development Specialisation Module Business Ethics 6 EC Min. 12

24

Specialisation Module Strategic Development 6 EC

Specialisation Module Strategic Human Resource Management 6 EC

Specialisation Module Strategic Management 6 EC

Specialisation Module Advanced Business Ethics 12 EC Max. 12

Specialisation Module Organization Theory and Design 12 EC

Specialisation Module Advanced Personnel Economics: The Evaluation of Management Practices

12 EC

Specialisation Module Advanced Strategic Management 12 EC

Design & Behavior Core Module Microeconomics I 6 EC 24


Specialisation Module Economic Engineering 6 EC

Specialisation Module Auction Theory 6 EC

Specialisation Module Contract Theory 6 EC

Specialisation Module Behavioral Economics 6 EC

Core Module Experimental Methods 6 EC

Specialisation Module Matching and Market Design: Theory and Prac-tice

6 EC

Finance Specialisation Module Financial Theory 12 EC 24

Specialisation Module Financial Institutions Management 12 EC







Specialisation Module Value-Based Management in Insurance 6 EC

Markets & Institutions Core Module Microeconomics I 6 EC 24


Specialisation Module Competition Policy 6 EC

Specialisation Module Specific Markets A 6 EC

Specialisation Module Specific Markets B 6 EC

Specialisation Module Common Topics: Markets and Institutions/ Public Economics

6 EC

Specialisation Module Matching and Market Design: Theory and Prac-tice

6 EC

Energy Economics Specialisation Module Seminar in Energy, Resource and Environmental Economics

6 EC 24

Specialisation Module Energy Markets and Regulation (Master) 6 EC

Specialisation Module Topics in Energy Markets and Regulation A 6 EC

Specialisation Module Topics in Energy Markets and Regulation B 6 EC

Specialisation Module Topics in Energy, Resources, Environment and the Economy A

6 EC

Specialisation Module Topics in Energy, Resources, Environment and the Economy B

6 EC

Specialisation Module Competition Policy 6 EC

Marketing Specialisation Module Marketing I 6 EC Min. 12

24

Specialisation Module Marketing II 6 EC


13

Specialisation Module Marketing III 6 EC

Specialisation Module Marketing IV 6 EC

Specialisation Module Marketing V 12 EC Max. 12

Specialisation Module Selected Issues in Marketing I 6 EC

Specialisation Module Selected Issues in Marketing II 6 EC

Specialisation Module Selected Issues in Marketing III 12 EC

Studies Abroad Studies Abroad I (Master) 12 CC 24

Studies Abroad II (Master) 12 CC

3.3 Specialisation section

In accordance with section 29(1), No. 2 of the Examination Regulations, the examination candidate must obtain 48 ECTS credits in the specialisation section.

Group

Module ECTS CC/

EC

Required ECTS

Foundation Knowledge Schwerpunktmodul Supply Chain Strategy 6 EC Min. 24

Schwerpunktmodul Supply Chain Innovation 6 EC

Schwerpunktmodul Supply Chain Operations 12 EC

Schwerpunktmodul Production Management 12 EC

Advanced/ Elective Mod-ule

Schwerpunktmodul Inventory Management 6 EC Max. 18

Schwerpunktmodul Service Management 6 EC

Schwerpunktmodul Project Management 6 EC

Schwerpunktmodul Supply Chain Management Project 12 EC

Schwerpunktmodul Selected Issues in Supply Chain Management I 6 EC

Schwerpunktmodul Selected Issues in Supply Chain Management II 12 EC

Schwerpunktmodul Research in Supply Chain Management (Research Track)

6 EC

Seminars Schwerpunktmodul Supply Chain Seminar I 6 EC Min.

6 Schwerpunktmodul Supply Chain Seminar II 6 EC


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3.4 Master’s thesis

The master’s thesis, which carries 30 ECTS credits, is written towards the end of the pro-

gramme. It is intended to show that the student is capable of conducting academic work on

and reflecting on a specific problem related to the subject matter covered on the programme,

using the necessary methods and within a specified period. The topic of the master’s thesis on

the Business Administration programme must come from the specialisation section or from the

subject group taken by the candidate in the supplementary section. If the topic relates to the

supplementary section, the candidate must already have accumulated 18 ECTS credits in said

supplementary section.

Group master’s theses are also permitted provided a clear distinction between and assess-

ment of each candidate’s contribution is possible. Objective criteria that make a clear distinc-

tion possible, such as sections, page numbers or topics, are used to indicate which student

made which contribution. The total workload required of each group member must exceed the

requirements for individual masters’ theses to an appropriate extent. The difficulty and content

of a group thesis must meet the same requirements as for theses undertaken individually and

independently. The contribution made by each individual must meet the requirements for mas-

ters’ theses.

To register to do their master’s thesis, students must have accumulated a minimum of 60 ECTS

credits. They may take no longer than six months to write the thesis. Further, more detailed

information on master’s theses can be found in the Examination Regulations.


15

3.5 Module Descriptions

3.5.1 Core and Advanced Section

Core Module Management Skills

Module Code 1011BMMS00

Workload 180

LP 6

Module Lan-

guage German and

English

Module

Availability Every Term

Duration 1 Term

1 Courses Management Skills

Contact

Hours 30

Self-Studies 150

Course Langugage English

2 Learning Objectives Students...

...analyse the social and methodical aspects of management tasks in companies for

specific situations.

...can distinguish between and analyse the various management task functions in the

areas of leadership, communication, presentation, planning, analysis and reflection.

...define the necessary analytical and organisational tasks within one area of manage-

ment.

...analyse the requirements for typical management skills from the perspective of one

area of management.

...compare suitable approaches and theories based on situational requirements.

...select suitable methods and practise managing the situation using those methods.

…reflect on and assess their own actions and those of others and identify development

potential.

...identify any additional requirements and suggest ways of enhancing specific meth-

ods.

...engage in academic discourse.

3 Module Content • Models of leadership, communication, presentation, planning, analysis and reflection

• Rules and techniques for and phases of leadership, communication, presentation,

planning, analysis or reflection

• Requirements, influencing factors and make-or-break criteria concerning the social

and me-thodical aspects of management tasks

• Disriptive factors and difficulties in the performance of management tasks.

• Typical management task situations

4 Teaching and Learning Methods Seminar

5 Module Entry Requirements No recommendations


16

6 Mode of End-of-Module Examination Combined examination: PRES, TP

7 Prerequisites for Awarding of Credit Points Passing the combined examination.

8 Other Programmes that use the Module Master of Science Business Administration - Accounting and Taxation: Core and Ad-

vanced Section Accounting and Taxation Master of Science Business Administration - Corporate Development: Core and Ad-

vanced Section Corporate Development Master of Science Business Administration - Finance: Core and Advanced Section Fi-

nance Master of Science Business Administration - Marketing: Core and Advanced Section

Marketing Master of Science Business Administration - Supply Chain Management: Core and Ad-

vanced Section Supply Chain Management Master of Science Business Administration - Media and Technology Management:

Core and Advanced Section Media and Technology Management

9 Module Manager Leitung WiSo-Career-Service

10 Miscellaneous A range of seminars are offered, each focusing on different aspects of management

skills.


17

Core Module Optimization

Module Code 1271BMOp00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module

Availability Every Second

Term - Fall

Term

Duration 1 Term

1 Courses Supply Chain Optimization (1st

Term)

Contact

Hours 30

Self-Studies 150

Course Langugage English*


...recognise the relationships between the relevant decision variables in production and

logis-tics.

...know how to use IBM ILOG CPLEX Optimization Studio.

...develop practical and theoretically sound proposals for solutions to specific planning

problems and can produce the necessary models and data for their solutions.

...are able to implement OR models independently in IBM ILOG CPLEX Optimization

Studio.

...develop solutions for complex decision situations using script and meta languages as

well.

3 Module Content • Introduction to linear programming

• Introduction to the user interface

• Introduction to the relevant OPL elements

• Creating model and data structures

• External data input and output

• Relaxation of model components • Efficient modelling

• Logical operators

• Efficient modelling using tuples

• Problem reformulation and model tightening

• ILOG script • Process control

• Changing model parameters

• Heuristics

4 Teaching and Learning Methods Exercises Lecture


6 Mode of End-of-Module Examination Praktische Prüfung: PR

7 Prerequisites for Awarding of Credit Points Passing the practical examination.


18

8 Other Programmes that use the Module Master of Science Business Administration - Supply Chain Management: Core and Ad-

vanced Section Supply Chain Management Master of Science International Management: Supplementary Section International

Management

9 Module Manager Univ.-Prof. Dr. Horst Tempelmeier

10 Miscellaneous Compulsory reading will be announced through ILIAS.

This module consists of at least one course which takes place either until the middle of

the semester (1. term) or from the middle of the semester (2. term). You can find this in-

formation in the field “Courses” of the module descriptions.

*The lecture is offered in German in the winter term 17/18. English speaking support is

available.


19

Core Module Simulation

Module

Code 1271BMSi00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term - Fall

Term

Duration 1 Term

1 Courses Supply Chain Simulation (2nd

Term)

Contact

Hours 60

Self-Studies 120

Course Langugage


...are introduced to different simulation methods and techniques.

...use simulation tools in various situations.

...assess the results of different scenarios.

3 Module Content • Process analysis

• Scenario analysis

• Simulation software

• Use of simulation software



6 Mode of End-of-Module Examination Combined examination: PRES, PO



vanced Section Supply Chain Management Master of Science International Management: Supplementary Section International

Management

9 Module Manager Univ.-Prof. Dr. Ulrich W. Thonemann

10 Miscellaneous This module consists of at least one course which takes place either until the middle of




20

Core Module Selected Methods for Supply Chain Management

Module Code 1271BMSM00

Workload 180

ECTS Credits 6

Module Lan-

guage German and

English

Module

Availability Every Fourth

Term

Duration 1 Term

1 Courses a) Analytische Modellierung

von Produktions- und Logistik-

systemen* b) Softwaresysteme für Supply

Chain Management und Pro-

duktion (2. Term)

Contact

Hours a) 60 b) 30

Self-Studies a) 120 b) 150

Course Langugage Deutsch


...are introduced to selected methods for modelling and solving planning problems in

production and logistics.

...learn methods for analysing production and logistics systems, particularly for calculat-

ing performance indicators for such systems, and use stochastic models, especially

closed-form solutions, for their analysis.

...develop an understanding of the basic structure and underlying IT of and the planning

models relevant to advanced planning systems and/or

...learn how to use specific advanced planning systems and/or

...learn step by step how to develop simple procedures in advanced planning systems

in a modern programming language.

3 Module Content Analytical modelling of production and logistics systems:

• Stochastic models

• Queuing theory

Software systems for supply chain management and production:

• Advanced planning systems (theory)

• Basics

• Concepts and modules

• Models (network design,demand planning, supply network planning, production plan-

ning, detailed scheduling, inventory management, available-to-promise, distribution

planning, transportation planning, vehicle routing)

• Introduction to using selected advanced planning systems

• Use of selected advanced planning systems • Advanced planning systems (software

development)

• Basics of software development - Introduction to development of simple procedures

• Introduction to development of metaheuristics



21


6 Mode of End-of-Module Examination Written examination: WT (60)

7 Prerequisites for Awarding of Credit Points Passing the written test. Only one course must be attended; the examination refers to

topics of only one course.


vanced Section Supply Chain Management



the semester (1. term) or from the middle of the semester (2. term). You can find this

information in the field “Courses” of the module descriptions.

*The lecture is not offerd in the winter term 17/18.


22

Specialisation Module Digital Transformation II

Module Code 1277SMDT02

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module

Availability Spring Term

Duration 1 Term

1 Courses Data Science for Management

Contact

Hours 60

Self-Studies 120



…know the potential that data-based decision making offers companies

…know fundamental models and methods used in data science and data-based deci-

sion mak-ing

…use data science on real datasets to answer real problems

… learn how methods and algorithms can be used in practice, and assess how a spe-

cific approach should be chosen for a given managerial question

3 Module Content • Correlation and supervised segmentation

• Overfitting

• Similarity and clustering

• Visualizations of model performance

• Analysis of large amounts of text



6 Mode of End-of-Module Examination Combined examination: WT (60), PRES



vanced Section Supply Chain Management Master of Science International Management: Core and Advanced Section International

Management Master of Science Business Administration - Marketing: Specialisation Section Market-

ing

9 Module Manager Univ.-Prof. Dr. Jörn Grahl

10 Miscellaneous


23


24

Core Module Econometrics

Module

Code 1314BMEc00

Workload 360

ECTS Credits 12

Module Lan-

guage English

Module

Availability Fall Term

Duration 1 Term

1 Courses Core Econometrics

Contact

Hours 90

Self-Studies 270



...have basic knowledge of econometric methods, enabling them to understand scien-

tific contributions in the field of empirical economic research and to conduct empirical

studies on economic issues independently.

...create econometric models and choose between alternative model specifications.

...can estimate parameters of linear and generalised regression models, models for dis-

crete and limited dependent variables and time series models, using suitable inference

methods, and con-duct hypothesis tests.

...generate forecasts for economic variables.

3 Module Content • Linear regression model and OLS method

• Generalised linear regression model with heteroskedastic/autocorrelated errors and

(F)GLS method

• Endogeneity and instrumental variables

• Maximum likelihood method

• Generalised moment method

• Models for discrete and limited dependent variables

• Univariate and multivariate time series models

• Panel models




7 Prerequisites for Awarding of Credit Points Passing the written test.

8 Other Programmes that use the Module Master of Science Business Administration - Finance: Core and Advanced Section Fi-

nance Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Economics: Core and Advanced Section Economics


25

Master of Science Business Administration - Supply Chain Management: Core and Ad-

vanced Section Supply Chain Management Master Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master Regionalwissenschaften China: VWL MA Reg China Master of Science Business Administration - Media and Technology Management: Core

and Advanced Section Media and Technology Management Master of Science Business Administration - Media and Technology Management: Sup-

plementary Section Media and Technology Management Master Geographie: VWL Master Geographie Master Regionalwissenschaften Osteuropa: VWL MA Reg Osteuropa Master of Science Business Administration - Corporate Development: Core and Ad-

vanced Section Corporate Development Master of Science Business Administration - Corporate Development: Supplementary

Section Corporate Development MSC Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Information Systems: Supplementary Section Information Systems Master of Science Sociology and Social Research: Supplementary Section Sociology

and Social Research Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science Business Administration - Accounting and Taxation: Core and Ad-

vanced Section Accounting and Taxation Master of Science Business Administration - Accounting and Taxation: Supplementary

Section Accounting and Taxation Master Regionalwissenschaften Lateinamerika: VWL MA Reg Lateinamerika Master of Science Business Administration - Marketing: Supplementary Section Market-

ing Master of Science Business Administration - Marketing: Core and Advanced Section

Marketing

9 Module Manager Univ.-Prof. Dr. Roman Liesenfeld

10 Miscellaneous


26

Core module Microeconomics II

Module

Code 1289BMMi02

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module

Availability

Duration 1 Term

1 Courses Game Theory

Contact

Hours 60

Self-Studies 120



...acquire basic knowledge of game theory.

...understand where game theory can be applied in political and social science.

...identify the links between game theory and experimental economics.

3 Module Content • Non-cooperative game theory

• Games in normal form

• Games in extensive form, with perfect and imperfect information

• Finitely and infinitely repeated games

• Cooperative game theory

• Kern, Shapley value, negotiation solutions

• Evolutionary game theory

• Introduction

• Social choice theory and elections

• Condorcet’s paradox, Arrow’s theorem


5 Module Entry Requirements


7 Prerequisites for Awarding of Credit Points

8 Other Programmes that use the Module Master of Science Economics: Core and Advanced Section Economics Master of Science Business Administration - Accounting and Taxation: Core and Ad-

vanced Section Accounting and Taxation Master of Science Business Administration - Corporate Development: Core and Ad-

vanced Section Corporate Development Master of Science Business Administration - Finance: Core and Advanced Section Fi-

nance Master of Science Business Administration - Marketing: Core and Advanced Section


27

Marketing Master of Science Business Administration - Media and Technology Management: Core

and Advanced Section Media and Technology Management Master of Science Business Administration - Supply Chain Management: Core and Ad-

vanced Section Supply Chain Management Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science Sociology and Social Research: Supplementary Section Sociology

and Social Research Master Regionalwissenschaften China: VWL MA Reg China Master Regionalwissenschaften Lateinamerika: VWL MA Reg Lateinamerika Master Regionalwissenschaften Osteuropa: VWL MA Reg Osteuropa Master Geographie: VWL Master Geographie Master Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe

9 Module Manager Univ.-Prof. Dr. Bettina Rockenbach

10 Miscellaneous


28

Specialisation module Advanced Statistics (Stochastic Processes)

Module Code 1314SMAS03

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Stochastic Models

Contact

Hours 60

Self-Studies 120



...acquire advanced knowledge of probability theory and stochastic modelling, which

form the basis upon which statistical inference methods are applied in empirical eco-

nomic research.

...learn how to calculate and interpret probabilities and how to model economic phe-

nomena with the aid of random variables and stochastic processes.

3 Module Content • Probabilities and random variables

• Moments of random variables

• Parametric families of univariate und multivariate probability distributions

• Basic elements of asymptotics

• Stochastic processes


5 Module Entry Requirements Recommended: Solid basic knowledge of probability theory gained in bachelor degree,

Core Module in Mathematics (BSc in Economics/Business Administration) and core and

advanced modules in Statistics (BSc in Economics/Business Administration).




nance Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Economics: Specialisation Section Economics Master of Science Business Administration - Supply Chain Management: Core and Ad-

vanced Section Supply Chain Management Master of Science Business Administration - Media and Technology Management: Core

and Advanced Section Media and Technology Management Master of Science Business Administration - Media and Technology Management: Sup-

plementary Section Media and Technology Management


29

Master of Science Business Administration - Corporate Development: Core and Ad-


Section Corporate Development Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science Business Administration - Accounting and Taxation: Core and Ad-


Section Accounting and Taxation Master of Science Business Administration - Marketing: Core and Advanced Section

Marketing Master of Science Business Administration - Marketing: Supplementary Section Market-

ing

9 Module Manager Univ.-Prof. Dr. Roman Liesenfeld Prof. Dr. Rainer Dyckerhoff

10 Miscellaneous


30

Specialisation module Advanced Statistics (Statistical Inference)

Module Code 1314SMAS01

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Advanced Statistics (Statistical

Inference)

Contact

Hours 60

Self-Studies 120



...acquire advanced knowledge of parameter estimation and testing of statistical hypoth-

eses.

...learn the fundamentals of statistical data collection methods.

...learn the theoretical fundamentals of point and interval estimation and of hypothesis

testing.

...learn how to perform special parametric and non-parametric estimations and tests.

...learn how to perform statistical inference analysis of stochastic models.

3 Module Content • Sampling

• Theory of point and interval estimation and estimation methods

• Theory of hypothesis testing and test procedures

• Estimation and testing for stochastic processes


5 Module Entry Requirements Recommended: Core Module Advanced Statistics (Stochastic Processes), solid basic

knowledge of probability theory gained in bachelor degree, Core Module in Mathemat-

ics (BSc in Economics/Business Administration) and core and advanced modules in

Statistics (BSc in Eco-nomics/Business Administration).




nance Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Economics: Specialisation Section Economics Master of Science Business Administration - Supply Chain Management: Core and Ad-


and Advanced Section Media and Technology Management


31

Master of Science Business Administration - Media and Technology Management: Sup-

plementary Section Media and Technology Management Master of Science Business Administration - Corporate Development: Core and Ad-


Section Corporate Development Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science Business Administration - Accounting and Taxation: Core and Ad-


Section Accounting and Taxation Master of Science Business Administration - Marketing: Core and Advanced Section

Marketing Master of Science Business Administration - Marketing: Supplementary Section Market-

ing

9 Module Manager Univ.-Prof. Dr. Roman Liesenfeld Prof. Dr. Rainer Dyckerhoff

10 Miscellaneous


32

Core Module Experimental Methods

Module Code 1289BMEM00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Experimental Methods

Contact

Hours 60

Self-Studies 120



...are introduced to different experimental economic research methods and applica-

tions.

...discuss the advantages and disadvantages of specific experiment design elements.

...assess different methods for evaluating data from economic experiments.

3 Module Content The course discusses the methodology of experimental economics, covering ques-

tionsf experimental design, experimental implementation and evaluation of economic

experiments.






nance Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Business Administration - Supply Chain Management: Core and Ad-

vanced Section Supply Chain Management Master of Science Business Administration - Supply Chain Management: Supplemen-

tary Section Supply Chain Management Master of Science Business Administration - Media and Technology Management:

Core and Advanced Section Media and Technology Management Master of Science Business Administration - Media and Technology Management: Sup-



Section Corporate Development Master of Science Information Systems: Supplementary Section Information Systems Master of Science Sociology and Social Research: Supplementary Section Sociology


33


vanced Section Accounting and Taxation Master of Science Business Administration - Marketing: Core and Advanced Section

Marketing


10 Miscellaneous Recommended reading: Friedman and Sunder, Experimental Methods: A Primer for

Economists, Cambridge University Press (1994)


34

Core Module Applied Econometrics

Module

Code 1287ApEc00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term - Fall

Term

Duration 1 Term

1 Courses Applied Econometrics (2nd

Term)

Contact

Hours 60

Self-Studies 120



...acquire basic knowledge of econometric methods, enabling them to understand aca-

demic contributions in the field of empirical economic research and to conduct empirical

studies on econom-ic issues independently.

...learn how to create econometric models and choose between alternative model speci-

fications.

...learn how to estimate parameters of linear and generalised regression models, mod-

els for discrete and limited dependent variables and time series models, using suitable

inference methods, and how to conduct hypothesis tests.

...learn how to generate forecasts for economic variables.

3 Module Content • Linear regression model

• Endogeneity and instrumental variables

• Maximum likelihood method

• Generalised moment method

• Models for discrete and limited dependent variables

• Univariate and multivariate time series models • Panel models






nance Master of Science Business Administration - Supply Chain Management: Core and Ad-



35

and Advanced Section Media and Technology Management Master of Science Business Administration - Corporate Development: Core and Ad-

vanced Section Corporate Development Master of Science Business Administration - Accounting and Taxation: Core and Ad-


Marketing

9 Module Manager Konveniat Volkswirtschaftslehre N.N.





36

3.5.2 Specialisation section

Specialisation module Supply Chain Strategy

Module Code 1271SMSC06

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Supply Chain Strategy (1.

Term)

Contact

Hours 60

Self-Studies 120



...learn about basic concepts for the realization of strategies in the context of Supply

Chain Managementanalyze and evaluate strategic decisions as well as design aspects

in Supply Chains.

…make use of product development methods, which enable them to enhance product

planning and product architecture.

…discuss how process design can be put into practice to manufacture products effi-

ciently.

…implement a production process as a team and test their approach in competition to

other implementations.

…assess the long term benefits and risks of a technology by using scenario planning

…analyze and evaluate the daily application of the methods and concepts in real-life

operations.

3 Module Content • Strategy formation

• Product development

• Process design

• Process simulation

• Applications



6 Mode of End-of-Module Examination Written examination: PO


8 Other Programmes that use the Module Master of Science Economics: Supplementary Section Economics Master of Science Business Administration - Supply Chain Management: Specialisation

Section Supply Chain Management


37

Master Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Gesundheitsökonomie: Supplementary Section Gesund-

heitsökonomie Master Regionalwissenschaften China: BWL MA Reg China Master of Science Business Administration - Media and Technology Management: Sup-

plementary Section Media and Technology Management Master Geographie: BWL Master Geographie Master of Science Business Administration - Corporate Development: Supplementary

Section Corporate Development MSC Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Information Systems: Supplementary Section Information Systems Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Supplementary

Section Wirtschaftspädagogik Master of Science Business Administration - Accounting and Taxation: Supplementary

Section Accounting and Taxation Master of Science Business Administration - Marketing: Specialisation Section Market-

ing Master of Science Business Administration - Marketing: Supplementary Section Market-

ing

9 Module Manager Univ.-Prof. Dr. Fabian Sting





38

Specialisation Module Supply Chain Innovation

Module

Code 1271SLoMa0

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Supply Chain Innovation (2.

Term)

Contact

Hours 0

Self-Studies 0



…analyze supply chain innovations, and understand their implications.

…understand the need for innovations for competing supply chains.

…conceptualize supply chain innovation strategies.

…detect and craft approaches as well as responses to disruptive innovations.

…analyze innovation systems to nurture the creative potential operations’ and supply

chains’

…assess the value of supply chain innovation projects

…conceptualize processes for the implementation of innovations

…understand challenges of current technological changes in supply chains

3 Module Content • Innovation strategy in supply chains

• Innovation management in supply chains

• Supply Chain Innovation Processes: Idea generation, idea selection, idea implemen-

tation

• Collaborative supply chain innovation

• Applications of supply chain innovation strategy

• Current technological changes and effective supply chain strategies


5 Module Entry Requirements Recommended: At least 12 CP in the section Foundation Knowledge (Specialisation

Section SCM)



8 Other Programmes that use the Module Master of Science Business Administration - Supply Chain Management: Specialisation

Section Supply Chain Management Master of Science Business Administration - Marketing: Supplementary Section Market-

ing


39

Master of Science International Management: Supplementary Section International

Management Master of Science Business Administration - Accounting and Taxation: Supplementary

Section Accounting and Taxation Master of Science Business Administration - Media and Technology Management: Sup-

plementary Section Media and Technology Management Master of Science Business Administration - Corporate Development: Supplementary

Section Corporate Development Master of Science Information Systems: Supplementary Section Information Systems






40

Specialisation module Supply Chain Operations


Workload 360

ECTS Credits 12

Module Lan-

guage English

Module


Term - Spring

Term

Duration 1 Term

1 Courses Operations Management

Contact

Hours 120

Self-Studies 240



…explore the operational level of Supply Chain Management.

…apply mathematical methods which enable them to determine appropriate goods in

stock in a company.

…make use of these methods in order to analyze contracts which are concluded be-

tween several independent companies.

…learn about methods of Capacity and Revenue Management and employ them to an-

alyze selected issues of Supply Chain Management.

…apply their knowledge as a team through case studies and exercises and, by doing

so, deepen their skills.

…explore behavioral aspects in decision making in the context of Supply Chain Man-

agement.

…make use of the behavioral insights to design better supply chain models.

3 Module Content • Inventory Management

• Contract Design

• Capacity and Revenue Management

• Data Processing in Supply Chains

• Behavioral Operations


5 Module Entry Requirements None






41

Master Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master Regionalwissenschaften China: BWL MA Reg China Master of Science Business Administration - Media and Technology Management: Sup-




Section Accounting and Taxation Master of Science International Management: Supplementary Section International

Management Master of Science Business Administration - Marketing: Supplementary Section Market-

ing

9 Module Manager Univ.-Prof. Dr. Ulrich W. Thonemann

10 Miscellaneous


42

Specialisation module Production Management

Module

Code 1271SPrMa0

Workload 360

ECTS Credits 12

Module Lan-

guage German

Module


Term - Fall

Term

Duration 1 Term

1 Courses a) Supply Chain Management

und Produktion II (2. Term) b) Supply Chain Management

und Produktion I (1. Term)

Contact

Hours a) 60 b) 60


Course Langugage a) German b) German


...acquire knowledge about the problems that occur in production and supply chain

management and methods for solving them.

...learn about the relationships between the relevant decision variables and

...are able to develop and implement proposals for practical solutions to specific deci-

sion problems, based on solid theoretical foundations.

3 Module Content • Site planning

• Production infrastructure design

• Flow production system design (under deterministic and stochastic conditions)

• Central Production design (flexible manufacturing systems)

• Forecasting methods (including time series analysis)

• Aggregated planning

• Master production planning

• Resource planning for workshop production

• Resource planning in central productions

• Quality control

• Maintenance planning




7 Prerequisites for Awarding of Credit Points Passing the written test. Both courses must be attended; the examination refers to top-

ics of both courses.


43


Section Supply Chain Management Master Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master Regionalwissenschaften China: BWL MA Reg China Master of Science Business Administration - Media and Technology Management: Sup-




Section Accounting and Taxation Master of Science Business Administration - Marketing: Supplementary Section Market-

ing


10 Miscellaneous Guided and structured self-study in groups.





44

Specialisation Module Inventory Management

Module

Code 1271SMIM00

Workload 180

ECTS Credits 6

Module Lan-

guage German

Module


Term - Spring

Term

Duration 1 Term

1 Courses Bestandsmanagement und dy-

namische Losgrößenplanung

Contact

Hours 60

Self-Studies 120

Course Langugage German


...are introduced to the major approaches to inventory management and to decision-

making models and solutions for dynamic batch-size planning.

...attain the ability to model real-life decision-making problems and to solve them using

suitable methods.

3 Module Content • Dynamic batch-size planning (including material requirements planning (MRP), batch-

size planning with and without capacity constraints)

• Inventory management in single and multi-phase production and warehousing sys-

tems








10 Miscellaneous Guided, structured self-study in groups, with active presentation of results.


45

Specialisation Module Service Management

Module Code 1282SMSM00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module

Availability Every Sec-

ond Term -

Spring Term

Duration 1 Term

1 Courses Advanced Health Care Man-

agement

Contact

Hours 60

Self-Studies 120



...discuss challenges specific to the service sector.

...analyse methods for strategic decision-making in the service sector.

...devise strategies for optimal management of service companies.

...assess the benefits of theoretical decision models as a means of overcoming conflict-

ing objectives.

...apply methods and approaches to case studies.

...discuss selected empirical studies.

3 Module Content • Strategy development and implementation

• Service benchmarking

• Capacity management

• Strategic decision making

• Project Management






Section Supply Chain Management Master of Science Business Administration - Marketing: Specialisation Section Market-

ing Master of Science International Management: Supplementary Section International

Management


46

9 Module Manager Univ.-Prof. Dr. Ludwig Kuntz

10 Miscellaneous


47

Specialization Module Project Management

Module

Code

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Project Management

Contact

Hours 60

Self-Studies 120



…understand the strategic relevance of project management across industries.

…learn to apply modern methods of project planning and project execution.

…understand the importance of project complexity, project uncertainty and human be-

havior in managing projects.

…evaluate different project planning and execution approaches for varying project envi-

ronments.

…apply real options thinking to determine the value of uncertain projects.

…recommend project approaches to cope with uncertainty, complexity, and human be-

havior.

3 Module Content • project definition and scoping

• project risk analysis and risk management

• resource allocation and budgeting

• project scheduling

• project monitoring

• project portfolio management

• managing human behavior in projects


5 Module Entry Requirements Recommended: at least 12 ECTS credits from the group Foundation Knowledge




Section Supply Chain Management Master of Science International Management: Core and Advanced Section International

Management Master of Science International Management: Supplementary Section International


48

Management Master of Science Business Administration - Accounting and Taxation: Supplementary

Section Accounting and Taxation Master of Science Business Administration - Corporate Development: Supplementary

Section Corporate Development Master of Science Business Administration - Marketing: Supplementary Section Market-

ing Master of Science Business Administration - Media and Technology Management: Sup-



10 Miscellaneous


49

Specialisation Module Supply Chain Management Project


Workload 360

ECTS Credits 12

Module Lan-

guage German and

English

Module


Duration 1 Term

1 Courses Supply Chain Management

Project

Contact

Hours 90

Self-Studies 270

Course Langugage German and English


...apply theoretical and methodological knowledge to concrete research or real-life

problems

...discuss different solution strategies (within the team and) with their project supervi-

sors

...apply different argumentation and presentation strategies

...acquire social skills during group-based problem-solving processes

...learn how to apply supply chain management aspects in practice

3 Module Content Vary depending on the topic of the practice project

4 Teaching and Learning Methods Research project

5 Module Entry Requirements Recommended: at least 12 ECTS credits from the group Foundation Knowledge

6 Mode of End-of-Module Examination Written examination: TP

7 Prerequisites for Awarding of Credit Points Passing the written examination.



9 Module Manager AD Dr. Johannes Antweiler

10 Miscellaneous Students have to bring a practice partner to take this course. The admission to the

course only take place after a professional review and in consultation with a supervisor.

Language: German and English ( The language conforms to the project partner)


50

Specialisation module Selected Issues in Supply Chain Management I

Module Code 1271SMSS01

Workload 180

ECTS Credits 6

Module Lan-

guage German and

English

Module


Term

Duration 1 Term

1 Courses Selected Issues in Supply

Chain Management I (2. Term)

Contact

Hours 60

Self-Studies 120



...follow and explain new developments and approaches in supply chain management

...critically evaluate new approaches and assess their advantages and disadvantages

...analyse problems facing businesses

3 Module Content • New approaches to supply chain management

• Current problems in the application of supply chain management

• Writing management reports

• Development of presentation skills







9 Module Manager Area Supply Chain Management





51

Specialisation Module Selected Issues in Supply Chain Management II

Module Code 1271SMSS02

Workload 360

ECTS Credits 12

Module Lan-

guage German and

English

Module


Term

Duration 1 Term

1 Courses Selected Issues in Supply

Chain Management II

Contact

Hours 90

Self-Studies 270



...follow and explain new developments and approaches in supply chain management

...critically evaluate new approaches and assess their advantages and disadvantages

...analyse problems facing businesses

3 Module Content • New approaches to supply chain management

• Current problems in the application of supply chain management

• Writing management reports

• Development of presentation skills








10 Miscellaneous


52

Specialisation Module Research in Supply Chain Management (Research Track)

Module Code 1271SMRS00

Workload 180

ECTS Credits 6

Module Lan-

guage German and

English

Module


Term

Duration 1 Term

1 Courses Research in Supply Chain Man-

agement

Contact

Hours 60

Self-Studies 120



...deepen their knowledge in the field of supply chain management

...evolve existing supply chain methods and models further

...apply new methods to different situations

3 Module Content • Complex decision-making models

• Limitations of existing models

• Enhancement and modification of models


5 Module Entry Requirements Recommended: At least 42 ECTS in the core and advanced/specialisation categories,

with a minimum average mark of 2,0.



8 Other Programmes that use the Module Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Business Administration - Supply Chain Management: Specialisation

Section Supply Chain Management Master of Science Business Administration - Supply Chain Management: Supplemen-

tary Section Supply Chain Management Master of Science Business Administration - Media and Technology Management: Sup-


Section Corporate Development Master of Science Information Systems: Supplementary Section Information Systems Master of Science Business Administration - Accounting and Taxation: Supplementary


ing


53


10 Miscellaneous


54

Specialisation Module Supply Chain Seminar I


Workload 180

ECTS Credits 6

Module Lan-

guage German and

English

Module


Term - Fall

Term

Duration 1 Term

1 Courses Supply Chain Seminar I

Contact

Hours 30

Self-Studies 150



...are familiar with concepts of Supply Chain Management.

...understand the importance of the internal as well as the external coordination of dif-

ferent activities inside the company and between independent companies.

...make use of current software which supports them in taking decisions concerning

Supply Chain Management.

...gather relevant information for Supply Chain Management as well as to structure

these pieces of information.

3 Module Content • Concepts for value-added management

• Decision making based on spreadsheet

• Methods of data modeling

• Use of data base and simulations tools


5 Module Entry Requirements It is recommended to take the Seminar after the second semester. If the third semester

is spend abroad, the Seminar can already be taken in the second semester.






10 Miscellaneous


55

Specialisation Module Supply Chain Seminar II


Workload 180

ECTS Credits 6

Module Lan-

guage German and

English

Module


Term - Spring

Term

Duration 1 Term

1 Courses a) Supply Chain Seminar II b) Supply Chain Seminar IV c) Supply Chain Seminar III

Contact

Hours a) 30 b) 30 c) 30

Self-Studies a) 150 b) 150 c) 150

Course Langugage a) German and Eng-

lish b) German and Eng-

lish c) German and Eng-

lish


...are familiar with concepts of Supply Chain Management.

...understand the importance of the internal as well as the external coordination of dif-

ferent activities inside the company and between independent companies.

...make use of current software which supports them in taking decisions concerning

Supply Chain Management.

...gather relevant information for Supply Chain Management as well as to structure

these pieces of information.

3 Module Content • Concepts for value-added management

• Decision making based on spreadsheet

• Methods of data modeling

• Use of data base and simulations tools


5 Module Entry Requirements It is recommended to take the Seminar after the second semester. If the third semester

is spend abroad, the Seminar can already be taken in the second semester.


7 Prerequisites for Awarding of Credit Points Passing the combined examination. Only one course must be attended; the examina-

tion refers to topics of only one course.





56

10 Miscellaneous


57

3.5.3 Supplementary Section

Schwerpunktmodul Research in Finance 1 (Research Track)

Module Code 1259SMRF01

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Empirical Research in Finance

Contact

Hours 60

Self-Studies 120



...discuss current questions in empirical capital market research.

...replicate pivotal studies in this area, e.g. papers on business valuation.

...critically assess the results of past studies.

...independently develop further contributions to research.

...to that end acquire methods

…for making efficient use of key WRDS research databases, particularly IBES, CRSP

and COMPUSTAT.

...for analysing the quality of such databases.

...for performing statistical/econometric evaluation.

3 Module Content • Pivotal works in empirical capital market research

• Data processing tools

• Application of statistical & econometric methods


5 Module Entry Requirements Recommended: Extensive knowledge of finance and statistics. It is recommended that

students have accumulated at least 42 ECTS credits in the core and advanced section

and/or specialisation section with a minimum average mark of 2,0.



8 Other Programmes that use the Module Master of Science Business Administration - Finance: Specialisation Section Finance Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Business Administration - Supply Chain Management: Supplemen-




58

Master of Science Business Administration - Corporate Development: Supplementary



ing

9 Module Manager Univ.-Prof. Dr. Dieter Hess

10 Miscellaneous


59

Specialisation Module Research in Finance 2 (Research Track)

Module Code 1259SMRF02

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term - Spring

Term

Duration 1 Term

1 Courses Empirical Research in Asset

Management

Contact

Hours 30

Self-Studies 150



...develop their own research ideas, especially in the area of asset management.

...devise methods for conducting their own research projects.

...formulate their own papers.


3 Module Content • Current issues in capital market research, focusing on asset management.

• Critical assessment of pivotal studies in this area.

• Guidance on independent research.

4 Teaching and Learning Methods Seminar Research project

5 Module Entry Requirements Advanced knowledge in statistics and finance.Previously to enrolling, students are rec-

ommended to have completed 42 Credit Points in Core and/or Supplementary Modules

with an average grade of at least 2.0.







Section Accounting and Taxation


60

Master of Science Business Administration - Marketing: Supplementary Section Market-

ing

9 Module Manager Univ.-Prof. Dr. Alexander Kempf Dr. Alexander Pütz

10 Miscellaneous


61

Specialisation Module Research on Organizations and Innovation (Research Track)

Module Code 1253SMRO00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term

Duration 1 Term

1 Courses Empirical and theoretical re-

search on organization and in-

novation

Contact

Hours 30

Self-Studies 150



…discuss papers to understand, compare and critically evaluate theories and methodo-

logical approaches in management, organization, and innovation.

…develop research ideas, with a focus on various topics in contemporary research in

the above fields.

…are prepared for conducting their own research projects.

3 Module Content • Current issues in management, organization and/or innovation research, with a

focus on pertinent theory and empirical research

• Critical assessment of central research papers

• Guidance to independent research


5 Module Entry Requirements recommended: Advanced knowledge in statistics and management, organization and

innovation. Prior to enrolling, students are recommended to have completed 18 credit

points in methodological foundations, 33 credit points in basic or advanced modules of

the major, including the seminar.



8 Other Programmes that use the Module Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Business Administration - Supply Chain Management: Supplemen-






62

Master of Science Business Administration - Marketing: Supplementary Section Mar-

keting

9 Module Manager Univ.-Prof. Dr. Mark Ebers

10 Miscellaneous


63

Specialisation Module Research in Personnel Economics: Incentives and Behaviour (Research

Track)

Module Code 1253SMRP00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term - Spring

Term

Duration 1 Term

1 Courses The Economics of Incentives in

Organisations (1. Term)

Contact

Hours 60

Self-Studies 120


2 Learning Objectives The students…

...analyse formal economic models concerning the impact of incentives.

...discuss and compare current behavioural economics theories.

...perform economic model forecasts using game theory strategies.

...assess theoretical concepts based on empirical evidence.

...identify key statements in scientific articles and interpret the results independently.

3 Module Content • Principal/agent models

• Management pay

• Social preferences and reference points

• Incentives in teams

• Incentives in multitasking

• Contests and promotions • Intrinsic motivation


5 Module Entry Requirements Recommended: Knowledge of game theory and applied econometrics It is recom-

mended that students have gained a minimum of 42 ECTS credits in the core and ad-

vanced section and/or the specialisation section, with a minimum average mark of 2.0.





plementary Section Media and Technology Management Master of Science Business Administration - Corporate Development: Specialisation


64

Section Corporate Development Master of Science Business Administration - Corporate Development: Supplementary




ing

9 Module Manager Univ.-Prof. Dr. Dirk Sliwka





65

Specialisation Module Research in Supply Chain Management (Research Track)

Module Code 1271SMRS00

Workload 180

ECTS Credits 6

Module Lan-

guage German and

English

Module


Term

Duration 1 Term

1 Courses Research in Supply Chain Man-

agement

Contact

Hours 60

Self-Studies 120



...deepen their knowledge in the field of supply chain management

...evolve existing supply chain methods and models further

...apply new methods to different situations

3 Module Content • Complex decision-making models • Limitations of existing models • Enhancement

and modification of models


5 Module Entry Requirements Recommended: At least 42 ECTS in the core and advanced/specialisation categories,

with a minimum average mark of 2,0.



8 Other Programmes that use the Module Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Business Administration - Supply Chain Management: Specialisation

Section Supply Chain Management Master of Science Business Administration - Supply Chain Management: Supplemen-





ing



66

10 Miscellaneous


67

Specialisation Module Research in Marketing (Research Track)

Module Code 1266SMRM00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term - Spring

Term

Duration 1 Term

1 Courses Research in Marketing

Contact

Hours 30

Self-Studies 150



…discuss papers to understand theories and methodological approaches in marketing

and consumer behavior.

…develop research ideas, with a focus on various topics in contemporary marketing re-

search.

…are prepared for conducting their own research projects.learn to write papers on their

own.

3 Module Content • Current issues in marketing research, with a focus on theory development and

empirical research.

• Critical assessment of central research papers.

• Guidance to independent research.


5 Module Entry Requirements It is recommended that students have accumulated at least 42 ECTS credits in the core

and advanced section and/or the specialisation section with a minimum average mark

of 2,0.

6 Mode of End-of-Module Examination Combined examination: PRES, PR




Supplementary Section Media and Technology Management Master of Science Business Administration - Corporate Development: Supplementary




68

Master of Science Business Administration - Marketing: Supplementary Section Mar-

keting Master of Science Business Administration - Marketing: Specialisation Section Market-

ing

9 Module Manager Area Marketing

10 Miscellaneous


69

Core Module Econometrics (Research Track)

Module Code 1314BMER00

Workload 360

ECTS Credits 12

Module Lan-

guage English

Module


Term - Fall

Term

Duration 1 Term

1 Courses a) Advanced Econometrics

(Theory) b) Advanced Econometrics (Ap-

plications)

Contact

Hours a) 60 b) 60


Course Langugage a) English b) English


…gain skills to implement estimation methods and testing procedures

…learn to discuss finite-sample and asymptotic properties of estimation and testing

procedures

…learn to apply appropriate econometric models and inference strategies given the

type of data and the economic question to be analyzed

…learn to conduct advanced empirical studies in modern macro- or mircroeconometrics

3 Module Content Theory:

- The classical linear model

- Tests in the classical linear model

- Generalized linear model – Asymptotics

- Maximum Likelihood

- Instrumental variables / GMM - Structural breaks

- Unit roots and cointegration

Applications:

- Evaluation of causal effects

- Fixed effects and difference-in-difference estimators

- Regression discontinuity designs

- Robust standard errors and clustering

- Structural estimation with experimental data



6 Mode of End-of-Module Examination Written examination: TP Written examination: WT (90)


70

7 Prerequisites for Awarding of Credit Points Exams in both courses have to be passed.

8 Other Programmes that use the Module Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Economics: Core and Advanced Section Economics Master of Science Business Administration - Supply Chain Management: Supplemen-

tary Section Supply Chain Management Master Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Sup-


Section Corporate Development MSC Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Information Systems: Supplementary Section Information Systems Master of Science Business Administration - Accounting and Taxation: Supplementary


ing

9 Module Manager Univ.-Prof. Dr. Dominik Wied

10 Miscellaneous This course will provide an up-to-date presentation of econometric tools for the analysis

of cross-sectional data, time series data and panel data at a graduate level.


71

Core Module Microeconomics I (Research Track)

Module Code 1289BMMR00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Core Microeconomics (Re-

search Track)

Contact

Hours 60

Self-Studies 120



…understand modern microeconomic concepts.master key techniques of microeco-

nomic analysis such as the analysis of individual choice.use mathematical models to

analyze price formation in markets.modify models to recognize limitations and to ana-

lyze the effects of political instruments

3 Module Content • Theory of household behavior and demand

• Theory of firm behavior and supply

• Market equilibrium


5 Module Entry Requirements Recommended: A solid foundation in microeconomics and mathematics.




tary Section Supply Chain Management Master Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management:



Section Accounting and Taxation Master of Science Business Administration - Marketing: Supplementary Section Mar-

keting


72

9 Module Manager Univ.-Prof. Dr. Johannes Münster

10 Miscellaneous


73

Core Module Microeconomics II (Research Track)


Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Advanced Microeconomics II

Contact

Hours 60

Self-Studies 120



…acquire methodological knowledge and work with the core methods of modern game

theory.

…get a profound understanding of the methods of and discuss recent developments in

game theory.

3 Module Content • Static games with complete information: Mixed strategies, Nash equilibrium

• Dynamic games with complete information: Subgame-perfect Nash equilibrium, sin-

gle-deviation principle, negotiations, forward induction

• Static games with incomplete information: Bayesian Nash equilibrium, auctions

• Dynamic games with incomplete information: Perfect Bayesian Nash equilibrium and

refinements, signaling games

• Recent developments in game theory










74


keting

9 Module Manager Univ.-Prof. Dr. Carlos Alós-Ferrer

10 Miscellaneous


75

Core Module Macroeconomics I (Research Track)


Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Advanced Macroeconomics I

(Research Track)

Contact

Hours 60

Self-Studies 120



…analyse at an advanced methodological level the modern models of real dynamic

macroeconomics that have long-term prospects and apply the mathematical models

necessary to do so.

...learn how to accumulate methodological knowledge and work with methods used in

real dynamic macroeconomics.

...acquire the foundations required for research activities and further studies (doctor-

ate).

3 Module Content • Empirical facts

• Basic methods (incl. intertemporal optimisation in continuous time and linear approxi-

mation)

• The neoclassical growth model (Solow)

• The neoclassical models (Ramsey - Cass - Koopmans, Dia mond): incl. inter-

temporal market equilibrium; social optimum; state.

• Endogenous growth and human capital (incl. Uzawa - Lucas)

• Endogenous growth and research and development (incl. Romer, Aghion - Howitt,

Jones)







Supplementary Section Media and Technology Management


76




keting

9 Module Manager Univ.-Prof. Dr. Peter Funk

10 Miscellaneous


77

Core Module Macroeconomics II (Research Track)


Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Macroeconomics II (Research

Track)

Contact

Hours 60

Self-Studies 120



...construct, solve and evaluate models that can be used to answer positive and norma-

tive macroeconomic questions, particularly with regard to fluctuations in the economy.

The methodical focus is designed to enable the students to acquire a comprehensive

understanding of current research and to conduct their own, high-standard research.

...learn methods for solving dynamic decision-making problems under uncertainty de-

fine and characterise market equilibriums under uncertainty and use empirical and nu-

merical methods for quantitative evaluations and forecasts.

…apply these methodological skills, which are also in widespread use outside of mac-

roeconomics, to questions of business cycle theory.

…consolidate their theoretical and empirical knowledge of short-term and medium-term

macroeco-nomic processes.

…find out about the most important lines of research currently being undertaken in this

field.

3 Module Content • Dynamic optimisation under uncertainty, recursive methods

• Calibration and introduction to structural estimation of model parameters

• Numerical solution, simulation and evaluation of structural models

• Vector autoregressions

• Real business cycle theory

• Consumption-based asset pricing

• Overview of the significance of frictions on labour and credit markets, price rigidities

• Introduction to the analysis of fiscal and monetary policy measures.


5 Module Entry Requirements Recommended: Core Module Mathematics, Core Module Microeconomics I, Core Mod-

ule Mac-roeconomics I, Core Module Econometrics




78






keting

9 Module Manager CMR Center for Macroeconomic Research

10 Miscellaneous


79

Core Module Mathematics / Methods (Research Track)


Workload 360

ECTS Credits 12

Module Lan-

guage English

Module


Duration 2 Terms

1 Courses a) Block I: Advanced Mathe-

matics for Economists (WiSe) b) Block II: Experimental Meth-

ods (Research Track/SoSe) c) Block II: Computational

Methods (Research

Track/SoSe)

Contact

Hours a) 60 b) 60 c) 60

Self-Studies a) 120 b) 120 c) 120

Course Langugage a) English b) English c) English

2 Learning Objectives The students...

...can apply mathematical argumentation and proof techniques properly.

...are able to mathematically formulate and solve economic problems that occur during

research.

...apply numerical methods and programs to solve and simulate quantitative structural

economic models (Computational Methods)

…are introduced to different methods and applications of experimental economic re-

search, apply and assess the methods and interpret experimental data (Experimental

Methods).

…can adapt the terminology of the field to the target audience.

3 Module Content Advanced Mathematics for Economists (fall term):

• Overview of elementary mathematical concepts

• Metric and normed spaces

• Linear algebra

• Differential calculus and applications

• Convex sets and concave functions • Optimisation

Experimental Methods (spring term):

• experimental methods used in economic research

• experimental design

• performance of economic experiments

• evaluation of the data from economic experiments.

Computational Methods (spring term):

• Programming of numerical algorithms

• Numerical approximation

• Numerical solution of root and optimisation problems

• Application to canonical economic problems

• Parameterisation, solution and simulation of structural economic models


80



6 Mode of End-of-Module Examination Written examination: WT (60) Written examination: WT (90)

7 Prerequisites for Awarding of Credit Points 1.) Passing the written test for course a). 2.) Passing the written test for either course b)

or c). The examination components contribute equally to the end-of-module mark.






keting

9 Module Manager Univ.-Prof. Dr. Martin Barbie Univ.-Prof. Dr. Bettina Rockenbach Jun.-Prof. Dr. Martin Scheffel

10 Miscellaneous Literature Experimental Methods: Friedman and Sunder, Experimental Methods: A Pri-

mer for Economists, Cambridge University Press (1994)


81

Specialisation Module Operative and Strategic Controlling

Module Code 1016SOSCo0

Workload 360

ECTS Credits 12

Module Lan-

guage English

Module


Duration 1 Term

1 Courses a) Operative Controlling (1.

Term) b) Strategic Controlling (2.

Term)

Contact

Hours a) 60 b) 60




...identify the main controlling strategies.

...learn about different types of interdependency and assess analytical and heuristic

methods with which to coordinate said interdependencies.

...deepen their knowledge of different “conventional” cost accounting techniques (in-

cluding actual and standard costing, full-cost accounting and variable costing).

...learn methods for conducting cost variance analyses.

...understand the Peinreich-Lücke theorem and the relationship between investment ap-

praisal and cost accounting.

...use linear programming for production planning and dynamic programming for meas-

uring inter-temporal interdependencies.

...examine the benefit of additional information under uncertainty using the concept of

“infor-mation value”.

...analyse the principal-agency theory and use controlling instruments to help solve any

incentive problems that arise.

...learn the main controlling strategies for solving coordination problems.

...compare the pros and cons of proactive cost management and early cost budgeting.

...examine the more recent instruments of cost management (including lifecycle, target

and activi-ty-based costing).

...discuss the basics of benchmarking.

...conduct case studies using the skills they have acquired.

3 Module Content Operative controlling:

• Fundamentals of controlling

• Theory, strategies and methods to support controlling activities

• Controlling instruments

Strategic controlling:

• Introduction to strategic controlling

• Conventional cost management instruments

• More recent cost management instruments

• Benchmarking


82


5 Module Entry Requirements Recommended: Basic knowledge of internal and external accounting, investment, fi-

nancing and decision theory.




8 Other Programmes that use the Module Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Economics: Supplementary Section Economics Master of Science Business Administration - Supply Chain Management: Supplemen-

tary Section Supply Chain Management Master Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Gesundheitsökonomie: Supplementary Section Gesund-




Section Wirtschaftspädagogik Master of Science Business Administration - Accounting and Taxation: Specialisation

Section Accounting and Taxation Master of Science Business Administration - Accounting and Taxation: Supplementary



ing

9 Module Manager Univ.-Prof. Dr. Carsten Homburg

10 Miscellaneous Required reading will be announced at the beginning of the respective term.





83

Specialisation module Value-based Controlling

Module

Code 1016SVbCo0

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Value-based Controlling

Contact

Hours 60

Self-Studies 120



...identify the disadvantages of traditional financial indicators.

...assess capital market characteristics and their implications in terms of valuation.

...apply investment calculuses to business valuations.

...distinguish between valuation techniques, especially with regard to the underlying as-

sumptions.

...draw up estimates for forecasting cash flow and profit and determining cost of capital.

...examine published financial statement data and adapt to economic standards.

...determine business value based on multiplier, DCF and EVA methods.

3 Module Content • Basics of value-based controlling (including traditional financial indicators)

• Characteristics of capital markets

• Effect of capital structure on business value •Shareholder value approach

• Discounted cash flow (DCF) method

• Value-based indicators • Implementation of a value-based strategy

• The Ohlson model


5 Module Entry Requirements Recommended: Basic knowledge of "Kosten- und Leistungsrechung", "Bilanz- und Er-

folgsrechnung", "Investition und Finanzierung", as well as " Entscheidungstheorie" from

the bachelor studies should be present.




tary Section Supply Chain Management Master Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe


84

Master of Science Gesundheitsökonomie: Supplementary Section Gesund-




Section Wirtschaftspädagogik Master of Science Business Administration - Accounting and Taxation: Specialisation




ing Master of Science Business Administration - Marketing: Supplementary Section Market-

ing


10 Miscellaneous Required reading will be announced at the beginning of the respective term.


85

Specialisation Module Selected Issues in Controlling

Module Code 1016SMAC00

Workload 180

ECTS Credits 6

Module Lan-

guage German

Module

Availability 1-semestrig

Duration 1 Term

1 Courses Ausgewählte Fragen des Con-

trolling

Contact

Hours 60

Self-Studies 120



...discuss current issues in controlling and develop appropriate solutions.

...analyse selected businesses‘ controlling problems.

...apply the specialist knowledge they have acquired in a business environment.

...discuss and investigate problems that arise when implementing controlling tools.

...assess the advantages and disadvantages of recent controlling tools.

...learn how to solve realistic cases using the expertise and methodological competence

taught on the programme.

3 Module Content Students are advised of the current content each term. The following areas are usually

covered:

• Legal provisions for risk management systems

• Establishment and implementation of an early warning system

• Establishment of a risk management system

• German Corporate Governance Code

• Auditing of the risk management system by the internal auditing department

• Auditing of the risk management system by the external auditor

• Application of the competencies gained to realistic case studies


5 Module Entry Requirements Recommended: Coremodule Accounting, Coremodule Finance,as well as Coremodule

Decision Theory or similar courses from the bachelor programme



8 Other Programmes that use the Module Master of Science Economics: Supplementary Section Economics Master of Science Business Administration - Supply Chain Management: Supplemen-

tary Section Supply Chain Management


86



Section Corporate Development Master of Science Business Administration - Accounting and Taxation: Specialisation



ing


10 Miscellaneous


87

Specialisation Module Selected Issues in Accounting

Module Code 1016SMSA00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term

Duration 1 Term

1 Courses a) Selected Issues in Account-

ing b) Empirical Accounting Re-

search Design (spring term)

Contact

Hours a) 60 b) 30




...will acquire skills to conduct empirical research in accounting like required for an em-

pirical master thesis

...will acquire data analysis skills using econometric methods in STATA

...will acquire skills related to interpreting and critically discussing empirical results

3 Module Content Empirical Accounting Research Design

• Structure of an empirical master thesis and writing skills

• Classic panel data designs (e.g. ordinary least squares, random effects, fixed effects,

first dif-ferences) and causal research designs (e.g. difference-in-difference, regression

discontinuity und instrumental variables)

• Selecting data and preparing the data for analysis

• Variable generation, descriptive statistics and model specification

• Hypotheses tests

• Interpretation and discussion of results

Selected Issues in Accounting


5 Module Entry Requirements Recommended: Basic econometrics knowledge (OLS estimator) and basic STATA skill







88



Section Corporate Development Master of Science Business Administration - Accounting and Taxation: Specialisation



ing

9 Module Manager Univ.-Prof. Dr. Carsten Homburg Univ.-Prof. Dr. Michael Overesch Univ.-Prof. Dr. Christoph Kuhner Jun.-Prof. Dr. Julia Nasev

10 Miscellaneous


89

Specialisation module Finance 7

Module

Code 1259SMFi07

Workload 180

ECTS Credits 6

Module Lan-

guage German

Module


Duration 1 Term

1 Courses Rechnungslegung von Versi-

cherungsunternehmen nach

HGB und IFRS

Contact

Hours 30

Self-Studies 60



...analyse insurance companies’ annual financial statements based on different ac-

counting rules.

...value claims reserves, claims equalization reserves and actuarial reserves.

...explore the impact of different accounting rules on how balance sheet items are val-

ued.

...implement risk-based auditing strategies for insurance companies.

3 Module Content • Accounting systems

• Sources of law

• HGB, IAS/IFRS accounting methods

• Full fair value accounting





8 Other Programmes that use the Module Master of Science Business Administration - Finance: Specialisation Section Finance Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Economics: Supplementary Section Economics Master of Science Business Administration - Supply Chain Management: Supplemen-

tary Section Supply Chain Management Master Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master Regionalwissenschaften China: BWL MA Reg China Master of Science Business Administration - Media and Technology Management: Sup-


Section Corporate Development


90

MSC Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Information Systems: Supplementary Section Information Systems Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Supplementary



ing

9 Module Manager Univ.-Prof. Dr. Heinrich R. Schradin

10 Miscellaneous


91

Specialisation Module Business Ethics

Module

Code 1253SBuEt0

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Business Ethics and Continen-

tal Philosophy (1. Term)

Contact

Hours 60

Self-Studies 120



...identify and distinguish between ethically relevant issues based on philosophical ap-

proaches.

...discuss normative arguments and use this as a basis upon which to evaluate case

studies from the world of business.

...identify their responsibility as players in companies and other areas of business.

...develop and explain the rationale behind effective strategies for enhancing ethical

conduct in companies.

...accumulate a sound knowledge of philosophical perspectives and ethical debates on

business conduct.

3 Module Content • Ethical approaches and how they are applied in business

• Reflection on current business ethics debates (e.g. concerning globalisation, sustain-

ability, cor-porate responsibility, pay systems)

• Independent presentation of approaches developed

• Discussion of case studies from a normative and practical perspective










92

Master Geographie: BWL Master Geographie Master of Science Business Administration - Corporate Development: Specialisation

Section Corporate Development MSC Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Information Systems: Supplementary Section Information Systems Master of Science Business Administration - Accounting and Taxation: Supplementary



ing Master of Science International Management: Core and Advanced Section International

Management

9 Module Manager Univ.-Prof. Dr. Bernd Irlenbusch





93

Specialisation Module Strategic Development

Module

Code 1253SstDe0

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Mergers and Acquisitions

Contact

Hours 60

Self-Studies 120


2 Learning Objectives Students…

…master the language and processes of M&A and divestitures.

…develop an understanding of the use of M&A and divestitures to accomplish strategic

objectives and the ability to critically examine the rationale for a proposed deal.

…know important decisions to be made in the various phases of a M&A process, in par-

ticular relating to target selection, M&A evaluation, deal design and post-M&A integra-

tion.

…know and be able to apply the basic tools for planning and assessing a merger, ac-

quisition or divestiture.

…understand research results relating to M&A and divestitures.

…demonstrate the ability to use the insights gained and apply them to case studies.

3 Module Content Models of corporate developmentGrowth strategiesMergers and AcquisitionsOrganiza-

tional downsizingDisruptive innovationInnovation strategies








plementary Section Media and Technology Management Master Geographie: BWL Master Geographie Master of Science Business Administration - Corporate Development: Specialisation


94



ing






95

Specialisation Module Strategic Human Resource Management

Module Code 1253SSHRM0

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Strategic Human Resource

Management (2. Term)

Contact

Hours 60

Self-Studies 120



...acquire an understanding of the value contributed by HR work and analyse potential

drivers.

...develop standards by which to assess different HR strategies.

...discuss instruments for talent and performance management and develop recom-

mendations for applying them.

...evaluate the interests of different stakeholders based on corporate case studies and

can explain the reasons behind them.

...design and evaluate employee surveys.

...analyse HR management indicator systems.

...determine the contribution corporate culture makes to an organisation’s performance.

3 Module Content • Corporate strategy – an economic perspective

• Human capital and value creation

• Talent management and careers

• Performance management

• HR development

• Corporate culture

• Measurement of value contributed and evidence-based HR management








96

Master of Science Gesundheitsökonomie: Supplementary Section Gesund-

heitsökonomie Master Regionalwissenschaften China: BWL MA Reg China Master of Science Business Administration - Media and Technology Management:

Supplementary Section Media and Technology Management Master Geographie: BWL Master Geographie Master of Science Business Administration - Corporate Development: Specialisation



Management Master of Science Business Administration - Marketing: Supplementary Section Mar-

keting






97

Specialisation Module Strategic Management

Module

Code 1253SstMa0

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Strategic Management (1.

Term)

Contact

Hours 60

Self-Studies 120



...understand different explanations for strategic positioning.

...analyse the influence of sectors and corporate resources on the choice of strategy.

...can distinguish between different forms of strategy development.

...apply theoretical knowledge to practical case studies and industry contexts.

3 Module Content • Fundamentals of strategic management

• Strategic positioning

• Strategy processes

• Contexts











98



Management Master of Science International Management: Supplementary Section International

Management

9 Module Manager Area Corporate Development





99

Specialisation Module Advanced Business Ethics

Module

Code 1253SAdBE0

Workload 360

ECTS Credits 12

Module Lan-

guage English

Module


Term - Spring

Term

Duration 1 Term

1 Courses a) Behavioral Ethics I (1. Term) b) Behavioral Ethics II (2. Term)

Contact

Hours a) 30 b) 30




...recognise and distinguish between different ethical dilemmas from the perspective of

various disciplines (philosophy, psychology, game theory, behavioural economics).

...describe, discuss and assess the latest research findings and methods.

...develop small research projects with other students and evaluate and present the re-

sults of the projects.

...independently present first scientific articles and debate their implications.

3 Module Content • Normative theories from the field of moral philosophy (e.g. consequentialism, deontol-

ogy and virtue ethics).

• Moral behaviour theories from the fields of economics and psychology (e.g. social

preferences, biases and heuristics, bounded ethicality).

• Empirical evidence concerning human decision-making.

• Methods for conducting experimental studies on ethically relevant behaviour.

4 Teaching and Learning Methods Exercises Lecture Seminar

5 Module Entry Requirements Recommended: Business Ethics, Microeconomics II: Game Theory, Experimental Meth-

ods

6 Mode of End-of-Module Examination Written examination: WT (60) Combined examination: PRES, TP

7 Prerequisites for Awarding of Credit Points Passing the examinations. Both courses must be attended; the examination compo-

nents contribute equally to the end-of-module mark.

8 Other Programmes that use the Module Master of Science Business Administration - Supply Chain Management: Supplemen-

tary Section Supply Chain Management Master Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master Regionalwissenschaften China: BWL MA Reg China


100






ing

9 Module Manager Univ.-Prof. Dr. Bernd Irlenbusch





101

Specialisation Module Organization Theory and Design

Module

Code 1253SotuG0

Workload 360

ECTS Credits 12

Module Lan-

guage English

Module


Term - Spring

Term

Duration 1 Term

1 Courses Organizational Theory and De-

sign

Contact

Hours 90

Self-Studies 270



...are introduced to organisational theories and learn how to evaluate them.

...analyse current forms of organisational design and check their suitability.

...identify different theory-based criteria for business decisions related to organisational

design, contract drafting, definition of organisational boundaries.

...apply organisation-theory decision criteria to specific decision situations in busi-

nesses.

...analyse and assess empirical studies on theory development and verification.

...can distinguish between different influences on and criteria for assessment of organi-

sational efficiency.

...discuss various current forms of organisational design and change.

3 Module Content • Criteria for classifying and assessing organisational theories

• Efficient design of organisational structure (contingency theory)

• Significance of stakeholders, expectations and norms for business success (institu-

tionalism)

• Significance of values and symbols for business success (organisation culture)

• Influence of social networks on players‘ opportunities and risks (social network theory)

• Efficient contract drafting and definition of organisational boundaries (institutional eco-

nomic theories)

• Current organisational design solutions


5 Module Entry Requirements Recommended: at least two courses in Corporate Development (including Strategic De-

velopment)




102






ing


10 Miscellaneous The course teaches students the theories relevant to academic analysis of businesses

from an organisational perspective. Students are taught the necessary skills to be able

to analyse and understand businesses from various (theoretical) perspectives.


103

Specialisation Module Advanced Personnel Economics: The Evaluation of Management Prac-

tices

Module

Code 1253SAPEc0

Workload 360

ECTS Credits 12

Module Lan-

guage English

Module


Term - Fall

Term

Duration 1 Term

1 Courses a) The Empirical Evaluation of

Management Practices I (1.

Term) b) The Empirical Evaluation of

Management Practices II (2.

Term)

Contact

Hours a) 45 b) 60




...apply evidence-based management strategies.

...design and evaluate laboratory and field experiments concerning management prac-

tices.

...determine and evaluate the effect of management instruments, using applied econo-

metric methods.

...conduct empirical reviews of various HR management instruments, using statistical

software (Stata, Microsoft Excel).

...independently present and discuss research findings and can back them up.


3 Module Content • The experimental method

• Econometrics and causality

• Measurement of validity and reliability

• Management instruments and business success

4 Teaching and Learning Methods Exercises Lecture Research project

5 Module Entry Requirements Recommended: Basic knowledge of applied econometrics

6 Mode of End-of-Module Examination Written examination: WT (60) Combined examination: PRES, TP

7 Prerequisites for Awarding of Credit Points Passing the combined examination. Both courses must be attended; the examination

refers to topics of both courses.


104







ing






105

Specialization Module Advanced Strategic Management

Module

Code

Workload 360

ECTS Credits 12

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Advanced Strategic Manage-

ment

Contact

Hours 90

Self-Studies 270


2 Learning Objectives

3 Module Content Current issues in strategic management.


5 Module Entry Requirements Recommended: Specialization Module Strategic Management


7 Prerequisites for Awarding of Credit Points Passing the combined examination. The examination ist offered each spring term at the

end of the semester.

8 Other Programmes that use the Module Master of Science Business Administration - Accounting and Taxation: Supplementary


ing Master of Science Business Administration - Media and Technology Management: Sup-

plementary Section Media and Technology Management Master of Science Business Administration - Supply Chain Management: Supplemen-

tary Section Supply Chain Management Master of Science Information Systems: Supplementary Section Information Systems


10 Miscellaneous


106

Core Module Microeconomics I

Module

Code 1289BMMi01

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Microeconomics I: Demand,

Supply, Equilibria

Contact

Hours 60

Self-Studies 120



...are familiar with the fundamental definitions and concepts in microeconomics.

...identify how demand, supply and pricing work on perfect competition markets.

...solve microeconomic problems.

...analyse microeconomic models.

3 Module Content • Budget theory

• Company theory

• Competitive market theory

• General equilibrium theory

• Welfare economics






tary Section Supply Chain Management Master Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master Regionalwissenschaften China: VWL MA Reg China Master of Science Business Administration - Media and Technology Management: Sup-

plementary Section Media and Technology Management Master Geographie: VWL Master Geographie Master Regionalwissenschaften Osteuropa: VWL MA Reg Osteuropa Master of Science Business Administration - Corporate Development: Supplementary

Section Corporate Development MSC Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Information Systems: Supplementary Section Information Systems


107

Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science International Management: Supplementary Section International

Management Master Regionalwissenschaften Lateinamerika: VWL MA Reg Lateinamerika

9 Module Manager Univ.-Prof. Dr. Marc Oliver Bettzüge

10 Miscellaneous


108

Core Module Microeconomics II

Module

Code 1289BMMi02

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term - Spring

Term

Duration 1 Term


Contact

Hours 60

Self-Studies 120



…get a profound understanding of game theory.

…get familiar with the applications of game theory in political and social sciences.

…understand the connection between experimental and behavioral economics.








• Introduction to social choice theory and elections

• Condorcet’s paradox, Arrow’s theorem





8 Other Programmes that use the Module


10 Miscellaneous


109

Specialisation Module Economic Engineering

Module Code 1289SMEE00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term

Duration 1 Term

1 Courses Economic Engineering

Contact

Hours 60

Self-Studies 120



...learn how to apply their theoretical and empirical skills to real markets.

...learn methods for identifying problems in markets and developing and discussing pos-

sible solutions.

...read current literature and present their own ideas and are thus introduced to new re-

search questions and encouraged to develop their own ideas for research.

3 Module Content • Evaluation of the roles of theory and laboratory/field experiments in the development

of markets and incentive systems

• Analysis of relevant behavioural phenomena and institutional details of particular im-

portance for specific designs

• Discussion of practical applications of economic engineering in matching markets,

auctions and other markets



6 Mode of End-of-Module Examination Written examination: TP


8 Other Programmes that use the Module Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Economics: Specialisation Section Economics Master of Science Business Administration - Supply Chain Management: Supplemen-

tary Section Supply Chain Management Master of Science Business Administration - Media and Technology Management: Spe-

cialisation Section Media and Technology Management Master of Science Business Administration - Media and Technology Management: Sup-


Section Corporate Development Master of Science Information Systems: Supplementary Section Information Systems


110

Master of Science Sociology and Social Research: Supplementary Section Sociology

and Social Research Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft

9 Module Manager Univ.-Prof. Dr. Axel Ockenfels

10 Miscellaneous


111

Specialisation Module Auction Theory

Module

Code 1289SMAT00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Auction Theory

Contact

Hours 60

Self-Studies 120


2 Learning Objectives Students... get a profound understanding of the economic theory of auction design.

3 Module Content • Private Value Auctions: Second-Price Auctions, First-Price Auctions, Reserve

Prices, Revenue Equivalence Theorem, Extensions

• Mechanism Design: Revelation Principle, Optimal Mechanisms, Efficient Mech-

anisms• Auctions with Interdependent Values: Revenue Comparisons, Linkage Principle










9 Module Manager Univ.-Prof. Achim Wambach, Ph.D.

10 Miscellaneous


112

Specialisation Module Contract Theory

Module

Code 1289SMVe00

Workload 180

ECTS Credits 6

Module Lan-

guage German

Module


Duration 1 Term

1 Courses Vertragstheorie

Contact

Hours 60

Self-Studies 120


2 Learning objectives

Students...

...recognise the concepts of information economics.

...describe and model situations with information asymmetries between several parties.

...analyse and discuss causal relationships in contract theory.

...apply methods for solving contract theory problems.

3 Module content

• Principal/agent models

• Mechanism design

• Hold-up problem

• Incomplete contracts










9 Module Manager Univ.-Prof. Dr. Patrick W. Schmitz


113

10 Miscellaneous


114

Specialisation Module Behavioral Economics

Module Code 1289SMBE00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Behavioral Economics

Contact

Hours 60

Self-Studies 120


2 Learning Objectives Students…

…understand behavioral models and formal argumentsapply concepts of microeco-

nimicscritically scrutinize.

3 Module Content Theories of boundedly rational behavior describe economic behavior that deviates from

the assumptions of homo economicus. These theories build upon robust insights gained

in empirical investigations, often economic experiments. The lecture introduces the the-

ories of boundedly rational behavior, discusses their origins and their applications.









and Social Research Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science International Management: Supplementary Section International

Management



115

10 Miscellaneous


116

Core Module Experimental Methods

Module Code 1289BMEM00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Experimental Methods

Contact

Hours 60

Self-Studies 120



...are introduced to different experimental economic research methods and applica-

tions.

...discuss the advantages and disadvantages of specific experiment design elements.

...assess different methods for evaluating data from economic experiments.

3 Module Content The course discusses the methodology of experimental economics, covering ques-

tionsf experimental design, experimental implementation and evaluation of economic

experiments.






nance Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Business Administration - Supply Chain Management: Core and Ad-

vanced Section Supply Chain Management Master of Science Business Administration - Supply Chain Management: Supplemen-


Core and Advanced Section Media and Technology Management Master of Science Business Administration - Media and Technology Management: Sup-





117



Marketing


10 Miscellaneous Recommended reading: Friedman and Sunder, Experimental Methods: A Primer for

Economists, Cambridge University Press (1994)


118

Schwerpunktmodul Matching and Market Design: Theory and Practice

Module Code 1289SMMD00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Matching and Market Design:

Theory and Practice

Contact

Hours 60

Self-Studies 120



…learn about leading theoretical models of matching markets

...learn how a mixture of theory, experiments, and empirics can be used to analyze ex-

isting matching mechanisms and, if necessary, design better ones

3 Module Content • One - sided matching: House allocation and organ exchange

• Two - sided matching: Entry - level labor markets

• School choice and random assignment

• Matching with contracts: Distributional const raints and internet - ad auctions

• Large matching ma rkets

• Combinatorial assignment and course allocation








Section Corporate Development Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science Sociology and Social Research: Supplementary Section Sociology

and Social Research


119

9 Module Manager Univ.-Prof. Dr. Alexander Westkamp

10 Miscellaneous


120

Specialisation Module Financial Theory

Module

Code 1259SFiTh0

Workload 360

ECTS Credits 12

Module Lan-

guage English

Module


Term - Fall

Term

Duration 1 Term

1 Courses a) Capital Market Theory (1.

Term) b) Corporate Finance Theory

(1. Term)

Contact

Hours a) 60 b) 60




…obtain a profound knowledge of capital market theory.analyse investment deci-

sions.understand asset pricing models.

…determine the value of securities and derivatives.

…use different methods of valuing companies and individual assets.

…analyse annual accounts in order to extract value relevant information, for example

capital structure decisions.

…recognize different theories explaining M&A‐ activities and explain them with empiri-

cal findings.

…analyse manager interests in mergers and acquisitions.

3 Module Content • Capital markets and consumption

• Investment decisions given certainity and uncertainity

• Portfolio theory

• Asset pricing models

• Analysis and valuation of forwards, futures, and options

• Equity valuation models (in particular Discounted Cash Flow methods, models of re-

sidual income, Multiples approach)

• Impact of financial policies

• M&A‐ activities and defensive strategies

• Aspects of balancing of accounts and financial realisation of mergers and acquisitions





121



8 Other Programmes that use the Module Master of Science Business Administration - Finance: Specialisation Section Finance Master of Science Economics: Supplementary Section Economics Master of Science Business Administration - Supply Chain Management: Supplemen-

tary Section Supply Chain Management Master Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master Regionalwissenschaften China: BWL MA Reg China Master Geographie: BWL Master Geographie Master of Science Business Administration - Corporate Development: Supplementary






Management

9 Module Manager Univ.-Prof. Dr. Alexander Kempf Dr. Alexander Pütz Univ.-Prof. Dr. Dieter Hess





122

Specialisation Module Financial Institutions Management

Module

Code 1259SFIMa0

Workload 360

ECTS Credits 12

Module Lan-

guage English

Module


Duration 1 Term

1 Courses a) Insurance Economics b) Risk Management (2. Term)

Contact

Hours a) 60 b) 60




...analyse various risk measures in terms of effective risk/return management.

...apply risk measures to decision-making problems in bank operations.

...assess regulatory standards intended to limit risk.

...are familiar with the methods for measuring market and default risks.

...assess instruments for controlling market and default risks.

...analyse insurance supply and demand.

...can explain information symmetry and asymmetry.

...assess the institutional parameters for insurance markets.

...calculate premiums and reserves in life and indemnity insurance.

3 Module Content Risk Management

• Risk control on perfect and imperfect financial markets

• Risk and risk measures

• Management of liquidity risk

• Management of interest rate risk • Management of default risk

Insurance Economics

• Insurance demand theory

• Production theory in insurance

• Market balance in regard to information symmetry and asymmetry

• Basics of sector-specific tariff calculation and reserve creation

• Claim settlement • Introduction to solvency standards







123



heitsökonomie Master Regionalwissenschaften China: BWL MA Reg China Master Geographie: BWL Master Geographie Master of Science Business Administration - Corporate Development: Supplementary





ing

9 Module Manager Univ.-Prof. Dr. Heinrich R. Schradin Univ.-Prof. Dr. Thomas Hartmann-Wendels





124


Module

Code 1259SMFi01

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term - Fall

Term

Duration 1 Term

1 Courses Application of Capital Market

Theory (2. Term)

Contact

Hours 60

Self-Studies 120



...put together and implement optimum securities portfolios.

...analyse investment performance and its causes.

...control risks using derivatives.

...create new financial instruments.

...work on practical exercises and case studies to discuss the knowledge and methods

learned in class.

3 Module Content • Portfolio theory and practical application thereof

• Performance measurement and attribution

• Trading strategies using derivatives

• Risk management

• Financial engineering





8 Other Programmes that use the Module Master of Science Business Administration - Finance: Specialisation Section Finance Master of Science Economics: Supplementary Section Economics Master of Science International Management: Supplementary Section International


ing Master of Science Business Administration - Corporate Development: Supplementary

Section Corporate Development Master of Science Business Administration - Accounting and Taxation: Supplementary


125

Section Accounting and Taxation Master of Science Business Administration - Supply Chain Management: Supplemen-







126

Specialisation Module Finance 2

Module

Code 1259SMFi09

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term - Spring

Term

Duration 1 Term

1 Courses Fixed Income Management (1.

Term)

Contact

Hours 60

Self-Studies 120



...learn about the institutional framework related to asset management.

...analyse various investment styles and their prospects of success.

...value stock, bonds and combined stock/bond portfolios.

...calculate the risks involved in stocks and bonds.

...weigh the anticipated return against the risk taken in order to ensure professional risk

man-agement. ...compare portfolio management strategies.


learned in class.

3 Module Content • Types of bond and risk factors

• Yield curves

• Bond valuation and management

• Interest rate derivatives





8 Other Programmes that use the Module Master of Science Business Administration - Finance: Specialisation Section Finance Master of Science Business Administration - Supply Chain Management: Supplemen-




127





ing






128


Module

Code 1259SMFi04

Workload 180

ECTS Credits 6

Module Lan-

guage German

Module


Duration 1 Term

1 Courses Praxisorientierte Banksteue-

rung (1. Term)

Contact

Hours 60

Self-Studies 120



…can analyse profitability using various measuring strategies.

…understand different credit rating methods.

…are familiar with various rating and scoring models.

…can determine loan terms that are commensurate with the risk involved.

…can apply planning methods to liquidity management.

...can determine prices for lending and deposit products. ...can calculate the profit con-

tributions from different sources of income.

...understand how banks are managed on the basis of the market interest rate method.

3 Module Content • Profitability analysis in banks

• Risk-based capital allocation

• Rating/scoring models

• IRBA and pool rating systems

• Credit pricing

• Funds transfer pricing models

• Maturity transformation risks

• Cash flow modelling

• Risk management reporting

• Business performance planning



6 Mode of End-of-Module Examination Combined examination: WT (60), TP


8 Other Programmes that use the Module Master of Science Business Administration - Finance: Specialisation Section Finance Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Business Administration - Corporate Development: Supplementary


129

Section Corporate Development Master of Science Business Administration - Marketing: Supplementary Section Market-

ing Master of Science Business Administration - Accounting and Taxation: Supplementary



9 Module Manager Dr. Wolfgang Spörk Univ.-Prof. Dr. Thomas Hartmann-Wendels





130


Module

Code 1259SMFi10

Workload 180

ECTS Credits 6

Module Lan-

guage German and

English

Module


Duration 1 Term

1 Courses a) Reinsurance and alternative

Risk Transfer b) Konzernsteuerung und Ge-

genseitigkeit

Contact

Hours a) 30 b) 30


Course Langugage a) German b) German


...have a thorough knowledge of the levels of management in insurance companies.

...investigate value-based management of insurance companies.

...model payment flows in insurance companies.

...analyse insurance companies' risk situation.

...apply different models for calculating capital requirements.

...determine which areas of a business have which capital requirements.

...use methods for valuing personal insurance companies and property and casualty in-

sur-ance companies.

...have a thorough knowledge of the fundamentals of asset liability management and

capital management.

...work within the legislative framework for insurance groups.

...assess the group structures found in the insurance industry.

...understand how different types of reinsurance work.

...analyse how risk management instruments are used to meet company objectives.

3 Module Content • Decision models applying to individual economic units

• Modelling of stochastic cash flows in insurance companies

• Corporate and risk management in insurance companies

• Capital stocks of insurance companies

• Development and trends of the insurance industry

• Evaluation of life insurances and non-life insurance Companies

• Organization of insurance holding structures

• Risk management instruments in insurance holdings

• Types of reinsurance

• Financial reinsurance

• Alternative risk transfer



131






tary Section Supply Chain Management Master Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Corporate Development: Supplementary




ing


10 Miscellaneous


132


Module

Code 1259SMFi06

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Empirical Finance

Contact

Hours 60

Self-Studies 120



...are familiar with strategies with which to collect, prepare and evaluate corporate data.

...can distinguish between selected econometric methods based on this knowledge.

...interpret analysis strategies in order to evaluate the influence of specific factors on

corporate performance.

...independently produce regression analyses for selected applications (e.g. for testing

capital market models, estimating capital costs and valuing companies) in exercises

and case stud-ies. ...discuss their findings in groups.

3 Module Content • Selected basic and advanced econometric methods, particularly OLS, FGLS, panel

and time series

• Test methods for assessing the quality of estimated and forecast results

• Use of regression models as part of analysis of theoretical models and estima-

tion/forecasting of parameters for issues of relevance in the real world


5 Module Entry Requirements Recommended: Basic knowledge of statistics





Section Corporate Development MSC Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Information Systems: Supplementary Section Information Systems


133

Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Supplementary




ing


10 Miscellaneous


134


Module

Code 1259SMFi07

Workload 180

ECTS Credits 6

Module Lan-

guage German

Module


Duration 1 Term

1 Courses Rechnungslegung von Versi-

cherungsunternehmen nach

HGB und IFRS

Contact

Hours 30

Self-Studies 60



...analyse insurance companies’ annual financial statements based on different ac-

counting rules.

...value claims reserves, claims equalization reserves and actuarial reserves.

...explore the impact of different accounting rules on how balance sheet items are val-

ued.

...implement risk-based auditing strategies for insurance companies.

3 Module Content • Accounting systems

• Sources of law

• HGB, IAS/IFRS accounting methods

• Full fair value accounting





8 Other Programmes that use the Module Master of Science Business Administration - Finance: Specialisation Section Finance Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Economics: Supplementary Section Economics Master of Science Business Administration - Supply Chain Management: Supplemen-





135




ing


10 Miscellaneous


136

Schwerpunktmodul Finance 8

Module

Code 1259SMFi08

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Asset Management (2. Term)

Contact

Hours 60

Self-Studies 120



...learn about the institutional framework related to asset management.

...analyse various investment styles and their prospects of success.

...value stock, bonds and combined stock/bond portfolios.

...calculate the risks involved in stocks and bonds.

...weigh the anticipated return against the risk taken in order to ensure professional risk

management.

...compare portfolio management strategies.


learned in class.

3 Module Content • Investment process and fund design

• Trading strategies for funds • Risk factors






tary Section Supply Chain Management Master Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Corporate Development: Supplementary




137



ing






138

Specialisation module: Selected Issues in Finance IV

Module

Code 1259SMSF04

Workload 180

ECTS Credits 6

Module Lan-

guage German and

English

Module

Availability 1-semestrig

Duration 1 Term

1 Courses a) Empirical Corporate Finance

(1. Term) b) Empirical Applications in In-

vestments and Finance (2.

Term)

Contact

Hours a) 0 b) 0



2 Learning Objectives Empirical Corporate Finance:

The students…

...prepare company datasets to analyse specific corporate finance related questions

and ana-lyse these datasets.

…become familiar with selected econometric methods typically applied in finance and

dis-cuss conditions that are necessary in order to use these methods and to resolve

possible is-sues.

…discuss their insights from these analyses within groups.

Empirical Applications in Investments and Finance:

...understand how statistical methods in finance (investments and asset pricing, corpo-

rate finance, market microstructure) are applied by practitioners and scholars and com-

prehend their economic and theoretical background

…acquire practical experience with data relating to capital markets and corporations

and learn how to retrieve the data and how to analyze it with software

… become familiar with econometric methods and learn how to apply them in order to

identify causal relations in economic data

…discuss empirical/econometric methods, including their advantages and disad-

vantages, and learn how to carefully interpret empirical results taking endogeneity con-

cerns into account.

3 Module Content Empirical Corporate Finance:

• Selected econometric techniques, e.g., rolling regressions, panel estimators and time-

series models.

• Tests to examine the quality of estimations and forecasts.

• Applications of econometric methods to practical issues.


5 Module Entry Requirements Recommended for Empirical Corporate Finance: Basic knowledge of SAS (Specialisa-

tion Module Finance 6) ; Recommended for Empirical Applications in Investments and

Finance: Basic knowledge in capital market theory and econometrics


139


7 Prerequisites for Awarding of Credit Points Passing the written test for exactly one of the listed courses (student's free selection).

8 Other Programmes that use the Module Master of Science Business Administration - Finance: Specialisation Section Finance Master of Science International Management: Core and Advanced Section International


ing Master of Science Business Administration - Corporate Development: Supplementary

Section Corporate Development Master of Science Business Administration - Accounting and Taxation: Supplementary








140

Specialisation Module Value-Based Management in Insurance

Module Code 1259SMVB00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term - Fall

Term

Duration 1 Term

1 Courses Value-Based Management in

Insurance - Theory and Prac-

tice

Contact

Hours 60

Self-Studies 120



…learn methods for managing and evaluating insurance companies.

…learn methods of value-based management in insurance companies.

…model cash flows of insurance companies.analyze the risk situation of insurance

companies.

…assess different methods for calculating the capital requirements.

…assess different methods for risk capital allocation.

…learn fundamentals of asset liability management.

3 Module Content • Introduction in Insurance Management

• Insurance Risk and Production Technology

• Risk Modelling and Risk Measurement

• Risk Management and Shareholder Wealth

• Risk-based Capital Allocation

• Decision-making in a Value-Based Management Framework

• Trends and Challenges in the Insurance Industry




7 Prerequisites for Awarding of Credit Points Passing the written examination.




141






ing

9 Module Manager Univ.-Prof. Dr. Heinrich R. Schradin Dr. Muhammed Altuntas

10 Miscellaneous


142

Core Module Microeconomics I

Module

Code 1289BMMi01

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Microeconomics I: Demand,

Supply, Equilibria

Contact

Hours 60

Self-Studies 120



...are familiar with the fundamental definitions and concepts in microeconomics.

...identify how demand, supply and pricing work on perfect competition markets.

...solve microeconomic problems. ...analyse microeconomic models.

3 Module Content • Budget theory

• Company theory

• Competitive market theory

• General equilibrium theory

• Welfare economics






tary Section Supply Chain Management Master Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master Regionalwissenschaften China: VWL MA Reg China Master of Science Business Administration - Media and Technology Management: Sup-

plementary Section Media and Technology Management Master Geographie: VWL Master Geographie Master Regionalwissenschaften Osteuropa: VWL MA Reg Osteuropa Master of Science Business Administration - Corporate Development: Supplementary

Section Corporate Development MSC Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft


143

Master of Science International Management: Supplementary Section International

Management Master Regionalwissenschaften Lateinamerika: VWL MA Reg Lateinamerika


10 Miscellaneous


144

Core Module Microeconomics II

Module

Code 1289BMMi02

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term - Spring

Term

Duration 1 Term


Contact

Hours 60

Self-Studies 120



…get a profound understanding of game theory.

…get familiar with the applications of game theory in political and social sciences.

…understand the connection between experimental and behavioral economics.








• Introduction to social choice theory and elections • Condorcet’s paradox, Arrow’s the-

orem





8 Other Programmes that use the Module


10 Miscellaneous


145

Specialisation module Competition Policy

Module Code 1289SMCP00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Competition Policy

Contact

Hours 60

Self-Studies 120



...recognise, based on models of competition theory, how competitive markets work.

...discuss the causes of market power and its effects in terms of welfare economics.

...assess, evaluate and debate cases that illustrate competition policy in practice and

use competition theory to analyse them.

3 Module Content • Institutional background: competition policy in Germany, the EU and the US

• Market power: theory and measurement

• Unilateral abuse of market power: horizontal and vertical restraints on competition

• Multilateral abuse of market power: cartels and implicit agreements









Section Corporate Development Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science International Management: Core and Advanced Section International

Management


146

9 Module Manager Univ.-Prof. Dr. Felix Höffler

10 Miscellaneous


147

Specialisation Module Specific Markets A


Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Media Economics (Markets &

Institutions)

Contact

Hours 60

Self-Studies 120



…study methods of economics used for analyzing specific markets, such as, for exam-

ple, health markets or media markets.acquire, by doing so, a range of tools assisting in

answering issues related to these markets.

3 Module Content • The relevant actors on these markets, their objectives and constraints

• The interaction between these actors

• Market equilibrium, efficiency and frictions






tary Section Supply Chain Management Master of Science Business Administration - Corporate Development: Supplementary

Section Corporate Development Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science International Management: Supplementary Section International

Management

9 Module Manager Univ.-Prof. Dr. Johannes Münster

10 Miscellaneous


148

Specialisation Module Specific Markets B


Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Informationsprobleme in Ge-

sundheitsmärkten (Master Eco-

nomics)

Contact

Hours 60

Self-Studies 120



…study methods of economics used for analyzing specific markets, such as, for exam-

ple, health markets or media markets.acquire, by doing so, a range of tools assisting in

answering issues related to these markets.

3 Module Content • The relevant actors on these markets, their objectives and constraints.

• The interaction between these actors.

• Market equilibrium, efficiency and frictions.







Section Corporate Development Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft

9 Module Manager Univ.-Prof. Achim Wambach, Ph.D.

10 Miscellaneous


149

Specialisation Module Common Topics: Markets and Institutions/ Public Economics

Module Code 1302SMMP00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term

Duration 1 Term

1 Courses Economics of Innovation

Contact

Hours 60

Self-Studies 120



Students...

...practise selecting and assessing advanced empirical approaches to identifying causal

relationships based on pivotal and current research contribution in innovation econom-

ics (e.g. ideas and knowledge production; product market competition, market entry

and innovation; technology adoption and diffusion; science and basic research, intellec-

tual property rights; research, innovation and growth policy).

…consolidate their knowledge of econometric methods

…use selected economic theory models

…investigate important data sources for innovation research

…evaluate state intervention in the innovation process.

3 Module content

• Empirical research in innovation economics

• Empirical modelling, econometric methods, economic theory and data sources

• Research/innovation/growth policy measures

• Institutional and regulatory frameworks


5 Module Entry Requirements Core Econometrics I or Core Econometrics (Fast Track), Core Microeconomics I or

Core Microeconomics (Fast Track)





Section Corporate Development Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft


150

9 Module Manager Univ.-Prof. Dr. Susanne Prantl

10 Miscellaneous


151

Schwerpunktmodul Matching and Market Design: Theory and Practice

Module Code 1289SMMD00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Matching and Market Design:

Theory and Practice

Contact

Hours 60

Self-Studies 120



…learn about leading theoretical models of matching markets

...learn how a mixture of theory, experiments, and empirics can be used to analyze ex-

isting matching mechanisms and, if necessary, design better ones

3 Module Content • One - sided matching: House allocation and organ exchange

• Two - sided matching: Entry - level labor markets

• School choice and random assignment

• Matching with contracts: Distributional const raints and internet - ad auctions

• Large matching ma rkets • Combinatorial assignment and course allocation








Section Corporate Development Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science Sociology and Social Research: Supplementary Section Sociology

and Social Research

9 Module Manager Univ.-Prof. Dr. Alexander Westkamp


152

10 Miscellaneous


153

Specialisation Module Seminar in Energy, Resource and Environmental Economics

Module Code 1289SMSE00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Seminar in Energy, Resource

and Environmental Economics

Contact

Hours 30

Self-Studies 150



Students...

...acquire the skills necessary for independent conceptual work in the fields of energy, environmental, resource or climate change economics

...independently analyse current issues in research and practice, using the economics knowledge gained on the programme

...critically examine the subject-specific, scientific and applied literature

…summarise their findings in a piece of written work

…present the results in a seminar and discuss them with the other seminar participants

3 Module content

• Varying topics from the areas of:

• Energy economics

• Environmental economics

• Resource economics

• Climate change economics





8 Other Programmes that use the Module Master of Science Economics: Specialisation Section Economics Master of Science Business Administration - Supply Chain Management: Supplemen-


plementary Section Media and Technology Management Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft


10 Miscellaneous


154

Specialisation Module Energy Markets and Regulation (Master)

Module Code 1289SMER02

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Energy Markets and Regulation

Contact

Hours 60

Self-Studies 120



The students...

...acquire the skills necessary for work in the media, parties, research institutes, banks and other institutions where a good understanding of energy markets and regulation is useful. The module prepares students for more advanced research in these areas.

...become familiar with empirical facts and main institutions related to the subject matter dealt with and can assess them critically to determine their relevance.

...study the theoretical, empirical and applied literature on said subject matter.

...discuss and assess the subject matter dealt with, using the economic knowledge they

have gained on the programme.

3 Module content

• Economic and technical fundamentals of the energy sector

• Energy markets

• Functioning of the electricity market

• Transmission grids

• Regulation







plementary Section Media and Technology Management Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science International Management: Supplementary Section International

Management


155


10 Miscellaneous


156

Specialisation Module Topics in Energy Markets and Regulation A

Module

Code 1289SMTE01

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term

Duration 1 Term

1 Courses Topics in Energy Markets and

Regulation A

Contact

Hours 60

Self-Studies 120



The students...






3 Module content


• Energy markets



• Regulation










157

10 Miscellaneous


158

Specialisation Module Topics in Energy Markets and Regulation B

Module

Code 1289SMTE02

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term

Duration 1 Term

1 Courses Topics in Energy Markets and

Regulation B

Contact

Hours 30

Self-Studies 150



Students...

…qualify themselves for independent conceptual work in the fields of Energy Markets and Regulation

...assess current scientific and applied issues independently, using the economic knowledge they have gained on the programme.


…summarise their findings in a written paper and present their results in a seminar and

discuss theses with the other particpants.

3 Module content


• Energy markets



• Regulation










159

10 Miscellaneous


160

Schwerpunktmodul Topics in Energy, Resources, Environment and the Economy A

Module

Code 1289SMTE03

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term

Duration 1 Term

1 Courses Topics in Energy, Resources,

Environment, and the Economy

A

Contact

Hours 60

Self-Studies 120



Students...






3 Module content


• Energy markets









plementary Section Media and Technology Management International Master of Environmental Sciences: Wiso-Module IMES Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft


161


10 Miscellaneous


162

Specialisation Module Topics in Energy, Resources, Environment and the Economy B

Module

Code 1289SMTE04

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term

Duration 1 Term

1 Courses Topics in Energy, Resources,

Environment, and the Economy

B

Contact

Hours 30

Self-Studies 150



Students...

…qualify themselves for independent conceptual work in the fields of Energy Markets and Regulation

...assess current scientific and applied issues independently, using the economic knowledge they have gained on the programme.


…summarise their findings in a written paper and present their results in a seminar and

discuss theses with the other particpants.

3 Module content


• Energy markets









plementary Section Media and Technology Management International Master of Environmental Sciences: Wiso-Module IMES Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft

9 Module Manager PD Dr. Dietmar Lindenberger


163

10 Miscellaneous


164

Specialisation module Competition Policy

Module Code 1289SMCP00

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Competition Policy

Contact

Hours 60

Self-Studies 120



...recognise, based on models of competition theory, how competitive markets work.

...discuss the causes of market power and its effects in terms of welfare economics.

...assess, evaluate and debate cases that illustrate competition policy in practice and

use com-petition theory to analyse them.

3 Module Content • Institutional background: competition policy in Germany, the EU and the US

• Market power: theory and measurement

• Unilateral abuse of market power: horizontal and vertical restraints on competition

• Multilateral abuse of market power: cartels and implicit agreements









Section Corporate Development Master of Science Information Systems: Supplementary Section Information Systems Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science International Management: Core and Advanced Section International

Management


165

9 Module Manager Univ.-Prof. Dr. Felix Höffler

10 Miscellaneous


166

Specialisation Module Marketing I

Module

Code 1266SMark1

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term - Spring

Term

Duration 1 Term

1 Courses New Product Management

Contact

Hours 60

Self-Studies 120



...deepen their understanding of fundamental marketing theories, concepts and meth-

ods, using specific marketing tools as examples, and gain more advanced skills in as-

sessing marketing activities independently.

...describe theories, concepts and methods for solving decision-making problems in

marketing.

...analyse and assess the advantages of alternative decisions, using specific marketing

tools as examples.

...formulate and discuss alternative marketing strategies and activities, using specific

marketing tools as examples.

3 Module Content The module covers elements that are conceptual and applied elements, including

presentations by students, case studies, discussions and guest speakers from industry.

Students are expected to do their own reading in addition to the lectures and exercises.


5 Module Entry Requirements Recommended: Basic knowledge of marketing and multivariate methods

6 Mode of End-of-Module Examination Oral examination: PRES

7 Prerequisites for Awarding of Credit Points Passing the oral examination.





167

Section Corporate Development MSC Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Supplementary




ing

9 Module Manager Univ.-Prof. Dr. Franziska Völckner

10 Miscellaneous


168

Specialisation Module Marketing II

Module

Code 1266SMark2

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term - Fall

Term

Duration 1 Term

1 Courses Retailing (1. Term)

Contact

Hours 60

Self-Studies 120



...develop a profound understanding of current marketing strategies and activities in re-

tail value chains (national/international, physical/online, manufacturer/retailer) on the

basis of conceptual and empirical input.

...identify, interpret and discuss tools, frameworks and theories with which to under-

stand, analyse and assess companies’ retail and distribution functions.

...appreciate the significance of the retail function and the retail sector and identify and

evaluate current trends and best practice.

...understand the impact of altered consumer behaviour and of technological advances

on how the retail function is managed.

...demonstrate the skills they have learned with regard to how the strategy process is

applied in retail.

3 Module Content The module includes conceptual and applied elements, including presentations by the

students, case studies, discussions and guest speakers from the world of marketing.

Students are required to do their own reading independently in addition to attending lec-

tures and participating in exercises.








169





Section Accounting and Taxation Master of Science International Management: Core and Advanced Section International


ing

9 Module Manager Univ.-Prof. Dr. Werner Reinartz





170

Specialisation Module Marketing III

Module

Code 1266SMark3

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Duration 1 Term

1 Courses Services and Media Marketing

(2. Term)

Contact

Hours 60

Self-Studies 120



...acquire a wide range of skills with which to manage specific products or services.

...identify, interpret and discuss theories, strategies and methods related to the manage-

ment of various products/services.

...analyse and assess the planning and implementation of the marketing mix based on

exam-ples of specific products/services.

...compare the challenges involved in managing specific products/services and identify

and evaluate current trends and best practice.

...demonstrate the skills they have learned for managing specific products/services.

3 Module Content The module includes conceptual and applied elements, including case studies, discus-

sions and guest speakers from the world of marketing. Students are required to do their

own reading independently in addition to attending lectures and participating in exer-

cises.


5 Module Entry Requirements Recommended: Basic knowledge of multivariate methods.








171





ing

9 Module Manager Univ.-Prof. Dr. Marc Fischer





172

Specialisation Module Marketing IV

Module

Code 1266SMark4

Workload 180

ECTS Credits 6

Module Lan-

guage English

Module


Term - Spring

Term

Duration 1 Term

1 Courses a) Brand Management (1.

Term) b) Sustainability in Marketing

and Consumer Behavior (1.

Term)

Contact

Hours a) 60 b) 60




...deepen their understanding of fundamental theories, concepts and methods in mar-

keting, using specific marketing instruments as examples, and consolidate their ability

to critically and independently assess marketing strategies and activities that are based

on such theories, con-cepts and methods.

...describe marketing as the management of assets (e.g. brands) in line with the con-

cept of value-based marketing.

...describe and analyse theories, concepts and methods related to value-based market-

ing.

...analyse, assess and discuss the advantages of various value-based options that can

be taken to manage such assets effectively, using specific marketing instruments as ex-

amples.

3 Module Content The module includes conceptual and applied elements, including case studies, discus-

sions and guest speakers from the world of marketing. Students are required to do their

own reading in-dependently in addition to attending lectures and participating in exer-

cises.








173







ing

9 Module Manager Univ.-Prof. Dr. Franziska Völckner

10 Miscellaneous For course b) Sustainability in Marketing and Consumer Behavior there is only one

exam at the end of the first term!





174

Specialisation Module Marketing V

Module

Code 1266SMark5

Workload 360

ECTS Credits 12

Module Lan-

guage English

Module


Term - Fall

Term

Duration 1 Term

1 Courses a) Customer Relationship Man-

agement (2. Term) b) Marketing Performance Man-

agement (1. Term)

Contact

Hours a) 60 b) 60




...develop, on the basis of theoretical and empirical input, a profound understanding of

current marketing strategies and activities to allow them to comprehend, analyse and

assess customer relationship management in corporate practice and in theory.

...recognise and discuss the theoretical principles behind marketing performance man-

agement.

...assess and compare the impact of marketing activities in order to quantify and evalu-

ate it.

..structure and distinguish between the conceptual principles behind customer relation-

ship man-agement and recognise the impact of customer-based marketing activities.

...develop suitable customer management activities for different business contexts.

...assess different approaches to customer assessment and the strategies and activities

derived from them.

3 Module Content The module includes conceptual and applied elements, including presentations by the

students, case studies, discussions and guest speakers from the world of marketing.

Students are required to do their own reading independently in addition to attending lec-

tures and participating in exercises.









175







ing

9 Module Manager Univ.-Prof. Dr. Werner Reinartz Univ.-Prof. Dr. Marc Fischer





176

Specialisation Module Selected Issues in Marketing I

Module

Code 1266SSIMa1

Workload 180

ECTS Credits 6

Module Lan-

guage German and

English

Module


Term - Fall

Term

Duration 1 Term

1 Courses a) Practical Applications in Re-

tailing (1. Term) b) Selected Issues I in Market-

ing

Contact

Hours a) 60 b) 60


Course Langugage a) English b) German and Eng-

lish


...acquire a deeper understanding of selected issues in marketing

...analyse and assess current marketing issues.

...develop and discuss marketing strategies and activities based on case studies/exam-

ples.

...derive recommendations for management action from the results.

3 Module Content Current marketing issues.

4 Teaching and Learning Methods Colloquium Exercises Lecture Research project



7 Prerequisites for Awarding of Credit Points Passing the combined examination. Only one course must be attended; the examina-

tion refers to topics of only one course.




Section Corporate Development MSC Mathematik: WiWi MA Mathe/Wirtschaftsmathe


177

Master of Science Business Administration - Accounting and Taxation: Supplementary


ing

9 Module Manager Univ.-Prof. Dr. Werner Reinartz Univ.-Prof. Dr. Marc Fischer Univ.-Prof. Dr. Franziska Völckner





178

Specialisation Module Selected Issues in Marketing II

Module

Code 1266SSIMa2

Workload 180

ECTS Credits 6

Module Lan-

guage German and

English

Module


Term - Fall

Term

Duration 1 Term

1 Courses a) E-Commerce b) Selected Issues in Marketing

II (2. Term)

Contact

Hours a) 30 b) 60


Course Langugage a) German and Eng-

lish b) English





ples.


3 Module Content E-Commerce:

• The Internet, Social Media and Social Networks as pillars of E-Commerce

• E-Commerce business models and marketing strategies

• E-Commerce websites, online security and payment systems

• Social Commerce and the future of E-Commerce

Selected Issues in Marketing

• e.g. Quantitative Applications in Marketing









179



Section Corporate Development MSC Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Supplementary


ing






180

Specialisation Module Selected Issues in Marketing III

Module

Code 1266SSIMa3

Workload 360

ECTS Credits 12

Module Lan-

guage German and

English

Module


Term - Fall

Term

Duration 1 Term

1 Courses Selected Issues III in Marketing

(1. Term)

Contact

Hours 90

Self-Studies 270






ples.


3 Module Content Current marketing issues.








Section Corporate Development MSC Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Supplementary



181

Master of Science Business Administration - Marketing: Specialisation Section Market-

ing






182

Studies Abroad I (Master)

Module

Code 1014SAEr01

Workload 360

ECTS Credits 12

Module Lan-

guage

Module


Duration 1 Term

1 Courses

Contact

Hours

Self-Studies

Course Langugage


…describe approaches in Business Administration, Economics and Social Sciences

from an international perspective.

…explain international Business Administration, Economics and Social Sciences is-

sues.

…discuss and compare different theories and approaches of Business Administration,

Economics and Social Sciencesdevelop new intellectual perspectives on their own edu-

cation background

…be better equipped to cope effectively with the dynamic global dimensions of their fu-

ture professional life.

3 Module Content depending on course selection

4 Teaching and Learning Methods


6 Mode of End-of-Module Examination Anerkennung

7 Prerequisites for Awarding of Credit Points depending on course selection





and Social Research Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science Business Administration - Accounting and Taxation: Supplementary



183


ing

9 Module Manager

10 Miscellaneous Language: can be held in English or in any language offered at the host university.


184

Studies Abroad II (Master)

Module

Code 1014SAEr02

Workload 360

ECTS Credits 12

Module Lan-

guage

Module


Duration 1 Term

1 Courses

Contact

Hours

Self-Studies

Course Langugage


…describe approaches in Business Administration, Economics and Social Sciences

from an international perspective.

…explain international Business Administration, Economics and Social Sciences is-

sues.

…discuss and compare different theories and approaches of Business Administration,

Economics and Social Sciences

…develop new intellectual perspectives on their own education background

…be better equipped to cope effectively with the dynamic global dimensions of their fu-

ture professional life.

3 Module Content depending on course selection

4 Teaching and Learning Methods


6 Mode of End-of-Module Examination Anerkennung

7 Prerequisites for Awarding of Credit Points depending on course selection





and Social Research Master of Arts Politikwissenschaft: Supplementary Section Politikwissenschaft Master of Science Business Administration - Accounting and Taxation: Supplementary



185


ing

9 Module Manager

10 Miscellaneous Language: can be held in English or in any language offered at the host universityThis

module can be studied either at a foreign university. In this case, there is a standardised

course accreditation procedure. Information about course accreditation (deadlines and

procedures) is available from the Credit Transfer Center (WiSo-Anrechnungszentrum :

https://www.anrechnungwiso.uni‐ koeln.de/.)This module can also be studied as part of

a Summer School organised by the WiSo‐ Faculty. In this case, the previous exam reg-

istration has to be done according to the regulations of the WiSo-Faculty.


186

3.5.4 Master Thesis

Master’s thesis in Business Administration

Module code 1015MaBA00

Workload 900

ECTS credits 30

Module Lan-

guage German and

English

Module

availability Every Term

Duration 1 Term

1 Courses

Contact

hours

Self-Studies

Course Language

2 Learning objectives Students... ...are familiar with current debate on international management theory and methods and

make use of it through their own independent research work. ...identify questions and issues that meet academic requirements. ...work on these questions independently, using the main primary and secondary litera-

ture. ...formulate theoretical and methodical (qualitative and/or quantitative) approaches to

academic research. ...draw up a research plan and implement it independently. ...organise and design an academic research process. ...independently collect relevant data and evaluate them in a methodically competent

manner. ...discuss theoretical and methodical problems in depth with teaching staff, other stu-

dents and persons with an interest in the field. ...critically assess research findings and derive conclusions from them that are relevant

to research and society.

3 Module content The topic of the master’s thesis on the Business Administration programme must come

from the specialisation section or from the subject group taken by the candidate in the

supplementary section. If the topic relates to the supplementary section, the candidate

must already have accumulated 18 ECTS credits in said supplementary section.

4 Teaching and learning methods

5 Module entry requirements 60 ECTS credits obtained

6 Mode of end-of-module examination

7 Prerequisites for awarding of credit points Passing the written test.

8 Other programmes that use the module Master of Science Business Administration - Accounting and Taxation: Masterarbeit

Master of Science Business Administration - Corporate Development: Masterarbeit


187

Master of Science Business Administration - Finance: Masterarbeit

Master of Science Business Administration - Marketing: Masterarbeit

Master of Science Business Administration - Media and Technology Management:Mas-

terarbeit

Master of Science Business Administration - Supply Chain Management: Masterarbeit

9 Module manager AD Dr. Johannes Antweiler

10 Miscellaneous The master’s thesis may be written in German or English.

Documents

MODULE CATALOGUE - WiSo-Fakultät · PDF fileSPM Supplementary module ... including English-speaking environ- ... major are described in respective module catalogue