Module SS 2018

> Active and Passive Equity Portfolio Management
> Asset Allocation, Investment Horizon and Risk Measurement
> Performance Measurement and Output Evaluation
> Exchange Rate Risk Management
> Rebalancing Effects
> Discussion of the Methods of Individual Selected Journal Contributions
> Resampling to address parameter uncertainty and time-horizon effects in portfolio management
> Forecasting moments of returns
> Portfolio Theory and Optimal Risk Portfolio
> Capital Market Models and Evaluation on Complete Markets
> Momentum und Contrarian Strategies
> Technical Analysis
> Risk-based Heuristic Models
> Programming in R and/or Matlab
The course will give you a broad understanding of the Chinese civilization and its relations to the people of the western hemisphere during the last two thousand years.

  • learn about Chinese history, civilization, religions, economy and politics, including the new policies of President Xi Jinping
  • get to understand the differences in thinking, behavior and action of the Chinese in contrast to the people in the West.
  • learn about the economic relations between China, South East Asia, South Asia, Middle East and Near East and the West along the continental and maritime silk roads. The global East-West-trade is more than 2000 years old.
Master students have the opportunity to take part in educational journeys to the world’s most important financial centres. Taking place annually, the educational journey adds a practical perspective to the academic content of the programme.

Destinations of previous journeys include: New York (2005), Shanghai (2007), Hong Kong (2009), Singapore & Kuala Lumpur (2011), New York and Chicago (2013) , Beijing and Shanghai (2015) and Singapore (2017).
  • Types and advantages of Financial Intermediation
  • Overview on Risks in Banking
  • Bank Lending
  • Off-Balance Sheet Risks
  • Securitization
  • Bank Regulation
  • The Euro
  • European Bond and Stock Markets
  • European Investment Funds
  • Workshop on Chinese and European Culture
  • Working in a team in a project-oriented manner
  • Presentation of lecture specific issues
  • Recognising problems and analysing various topics in the area of financial services
  • Handling ambitious practical problems in financial services like consulting projects and real portfolio management
  • Developing customer-specific solutions
  • Communicating with project client
  • Presenting the final project report
  • Working in a team in a project-oriented manner
  • Mastering a portfolio under the supervision of a portfolio manager
  • Working up all relevant information and data for portfolio management
  • Structuring the strategic and tactical asset allocation
  • Deciding on security selection
  • Identification of a research problem and development of a research questionThematically formulating a problem and developing a solution through application of scientific methods Independence in handling a research problem determined in the course of an assessment.Discussion with the advisor about methodological and content issues in solving a research topic.Completion of a comprehensive assignment where the students deal with a theoretical or practice-oriented problem in their field of specialisation by drawing on scientific work methods. Completion of presentation documentation on a research problem within their specialised field. Defense of the elaborated research topic and in-depth discussion with the examination board.
All aspects that have to be considered for writing a successful exposé and master thesis, like e.g. the fulfillment of formal requirements, the development of a research project and the correct choice of methodology for answering the research question.
Financial Risk Management:
  • Identifying, Measuring, and Management of Financial Risks
  • Risk Categories and Associated Models: Market, Credit, Operational and Liqudity Risks
  • Rating Agencies and Credit Ratings
  • Derivatives Markets and Instruments: Forwards, Futures, Options, Swaps, Exotics, Credit Derivatives
  • Pricing of Equity, Fixed Income, Currency, Commodity, and Credit Derivatives
  • Hedging Using Derivatives
  • Financial Engineering
Liechtenstein Foundation Law:
  • general information and basic principles
  • liability
  • formation
  • entrepreneurial responsibility
  • asset protection
  • philanthropy

Liechtenstein Trust Law:
  • historical background and basic principles
  • Hague Convention
  • formation
  • dualism of ownership
  • business enterprises
  • asset protection
  • philanthropy
  • International and Intertemporal Tax Management for Natural Persons: Goals and Instruments
  • National, International and European Taxation of Asset Structures: Development, Investment and Succession of Assets.
  • National, International and European Taxation of Financial Instruments: Development, Investment and Succession of Assets.