vergleichen alternative Finanzierungsformen, identifizieren Ähnlichkeiten
erfassen die Konzepte der arbitragefreien Bewertung sowie der Bewertung über Erwartungswerte
beurteilen, ob bestimmte Bewertungsmodelle in konkreten Situationen anwendbar sind und wählen geeignete Modelle in idealtypischen Situationen aus
Professional Competence
kennen die wichtigsten Instrumente der Unternehmensfinanzierung sowie Grundtypen von Derivaten
verstehen die wichtigsten Verfahren der Investitionsrechnung unter Sicherheit und unter Risiko,
erläutern die Funktionsweise der wichtigsten Finanzkontrakte,
verstehen die theoretischen Grundlagen von Entscheidungen von Entscheidungen unter Risiko,
beschreiben die wichtigsten Unternehmensbewertungsmodelle
berechnen Kapitalwert, Internen Zinssatz (Rendite) und Annuität,
erstellen Gewinn-/Verlustdiagramme aus Kontraktbeschreibungen,
wenden Zinsstrukturkurven korrekt an
identifizieren die Bestandteile von zusammengesetzten Zahlungsströmen,
decken die Grundtypen von Finanzinstrumenten in hybriden Finanzierungsformen auf,
analysieren die finanziellen Auswirkungen unternehmerischer Entscheidungen
entwickeln neue Finanzprodukte aus Basisbausteinen,
konstruieren Gesamtpositionen in Gewinn-/Verlustdiagrammen
bewerten Investitionsprojekte und beurteilen deren Vorteilhaftigkeit,
beurteilen die Vorteilhaftigkeit von Finanzierungsformen in idealtypischen Situationen,
beurteilen die Eignung von derivativen Finanzinstrumenten für einfache Einsatzzwecke,
bewerten Derivate in einfachen Modellen,
ermitteln Unternehmenswerte in einfachen Settings
Personal Competence
Perceive their own learning ability and willingness to learn.
Communicate independently, reflect on their own behavior and carry out an appropriate self-assessment.
Take on responsibility through self-discipline, flexibility and target orientation.
Are characterized by their full commitment, duteousness and reliability.
Represent their independence and self-motivation and thereby positively influence their determination to be top performers.
Professional Competence
Know the relevance of efficient financial markets and financial intermediaries for economic welfare.
Are aware of the characteristics of direct and indirect finance.
Know the characteristics of different asset classes.
Know relevant concepts of asset allocation and modern portfolio theory.
Are aware of typical goals, constraints and other characteristics of clients in the private banking business.
Know the basic principles of the law of asset and fund management.
Know the application areas and the basic principles of the different instruments to administer assets.
Understand models that address the role of direct and indirect finance and their implications for economic welfare.
Understand the structure of the banking industry and fundamentals of bank management.
Understand the relationship between risk and return of financial assets.
Explain the basic concept of modern portfolio theory.
Understand the goals and life-cycle needs of clients and describe different tools for the profiling of private banking customers.
Describe the application areas and target groups of due diligence.
Explain the different duties of due diligence.
Circumscribe the organization and competences of the financial supervision.
Explain the structure and typical application of the different instruments to administer assets.
Understand the basic structure of the sources of law.
Infer return and risk objectives according to the characteristics of clients.
Apply the fundamentals of investment and portfolio theory to implement an adequate asset allocation.
Practice their new skills with case studies.
Analyse the risk and return characteristics of the most important classes of financial assets.
Assess clients' ability to take risk and compare it with their willingness to take risk.
Analyze the specific duties of due diligence in comparison to the competences of the financial supervision.
Compare the different instruments to manage assets.
are able to analyse the objectives of financial supervision in a cross-border context.
Combine concepts of financial intermediation and investment theory
Create concepts about the establishment and organization of financial intermediaries in the field of asset management.
Review a portfolio or asset allocation particularly with regard to the risk/return characteristics of the underlying assets and the goals/constraints of customers.
Find suitable solutions by judging the special facts of a case.
Personal Competence
Listen carefully, read and repeat, practice until they understand the logic and mathematics the models are based upon.
Work together and motivate other students who tend to give up as a reaction to the difficulty of mathematical problems.
Take responsibility and organize/explain solutions to others
Social Competence
Understand and critically discuss the arguments of fellow students.
Work on financial decision making problems and solve mini cases as well as examples in small groups and discuss them in front of class.
Evaluate the solutions of fellow students, explain carefully why they might be seen as right or wrong.
Understand the problems of fellow students, react on critical discussion without being offended.
React to other opinions and solutions and defend their own solution without being offended.
Methodological Competence
Know methods in decision theory.
Use theories, methods and models on unknown decision situations. Calculate optimal solutions and equilibria.
Compare different methods for measuring and controlling risk and uncertainty in decision processes.
Evaluate decision and analysis methods in mini cases and find appropriate models for solving typical problems.
Know how to use a range of instruments to control the capital structure of a corporation.
Choose suitable financing and investment tools
use methods and models on unknown decision situations. Calculate optimal solutions and interpret them.
Professional Competence
Know the most prominent decision theories. They are aware of the important human biases in financial decision making.
Understand how rational solutions can be found by applying classical decision models and are aware of the differences between these model solutions and the solutions humans normally come up with.
Solve decision problems by using DT models and quantitative methods. They find the strategic aspect of a problem and transform it into a simplified game/problem.
Evaluate of Investments with EUT, MVT and PT.
Know the most prominent rules for Capital Budgeting and Structuring
Understand the consequences of changes in the capital structure
Know a variety of financing tools and their applicability
