• 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.

• Understand the oral presentation by the lecturer (input, questions and solutions) and pay attention to the remarks of their fellow students.
• Operate partly in partner work on solutions to exercises given by the lecturer, as well as in group work within self-study.
• Assess suggestions for solutions from fellow students, evaluate their own approaches to solutions (ability to criticize).
• Distinguish themselves through capacity for teamwork, communication skills and ability to co-operate.
• Represent and justify their own approaches to solutions during criticism by the lecturer or fellow students (ability to accept criticism).

• Reproduce bookkeeping techniques in terms of posting records together with account representations.
• Understand the work techniques of double-entry bookkeeping, as well as the meaning of subject-specific modes of expression and are able to reconstruct the underlying situation when posting records (reading of posting records).
• Are able to solve bookkeeping problems, execute income recognition, calculate VAT-burdens, utilize different valuation methods and create a (simple) end-of-year report.
• Analyze concrete situations for their relevance to financial accounting and compare alternative posting or income recognition techniques.
• Record the two income recognition techniques (direct and indirect income recognition)
• Evaluate and assess their own work based on jointly compiled or given solutions.

• Know the exercises, functions and methodology of double-entry accounting and report on effects of booking records.
• Understand double-entry accounting as a system of opening, day-to-day and closing bookings, considering re-posts and follow-up posts as for the balance sheet date, and are able to create a simple end-of-year report (with and without a final table).
• Apply double-entry accounting in concrete cases and create a (simple) end-of-year report with double income statements.
• Analyze concrete situations for their relevance to double-entry bookkeeping, identify valuation problems in the scope of fixed assets, current assets, deferrals, accruals and liabilities.
• Develop proposals for solutions based on given problems or based on questions arising on the part of fellow students in the bookkeeping course relevant to the basics of accounting.
• Assess different accounting techniques concerning their advantageousness or practicality and are able to recognize and describe interconnections between accounting and other subjects.

• Notice their own learning aptitude and willingness to learn new things.
• Communicate autonomously, reflect their own actions carefully and are able to assess themselves realistically.
• Assume responsibility because of their self-discipline and flexibility.
• Advance their enthusiasm and affect their willingness to learn new things.

• Listen carefully to understand and interpret the arguments of the lecturer and fellow students.
• Interpret arguments and facts during presentations of the lecturer and fellow students and react with critical questions. Improve communication skills by debating their point of view in discussions during the lecture.
• Organize group work.
• understand other opinions and solutions and are able integrate those into their own approaches.

• Are aware of sources of information regarding financial markets, financial institutions, financial assets and clients.
• Know how to find the sources of law (statutes etc.) and the relevant literature databases.
• Understand the implementation of financial models for analysing financial markets, institutions and clients.
• Solve practical cases by interpreting the sources of law.
• Develop abilities to analyse the needs and constraints of clients in the private banking business and assess the suitability of different products.
• Are able to construe the corresponding sources of law.
• Seek differences and convergences of instruments to manage assets.
• Create concepts to establish and organize the different instruments to manage assets by interpreting the corresponding sources of law.
• Evaluate the clients' needs with regard to risk/return and assess the suitability of investment products, strategies and asset allocations.
• Decide practical cases by construing the corresponding sources of law in the scope of due diligence, financial supervision and the different asset management instruments.

Reflect on one's own situation and preferences regarding retirement planning
Critically reflect on "me vs. heirs"-tradeoff inherent in pension finance decisions

Integrate financial and actuarial aspects into combined life-cycle models of individual investors
Evaluate investor-specific aspects regarding their relevance for pension finance decisions

• 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.