For successful corporate management, essential are skills in accounting, controlling and financial planning. The three courses of the second compulsory module will teach participants how to understand regulations as they apply to balance sheets and how to use the correct instruments for controlling and accounting.
This course will show participants that the long-term existence and success of a business also depends on the use of managerial controlling. The controlling concept employed will be represented by a process of adding value. Required here is the continuous improvement of the effectiveness and efficiency of entrepreneurial activities with regard to the aim of generating added value.
5. Financial Statement Analysis
Familiarity with the economic success and financial stability of a company is of great importance not only for decisions made by capital market participants but also for corporate planning and management. The core sources of information here are the corporate annual or consolidated financial statements, especially for external but also for internal decision-makers.
This course will first provide a basic understanding of the preparation of such financial statements using the example of IFRS consolidated financial statements. Based on this introduction to the methodology of financial statement analysis, participants will then develop and practice some of the options for analyzing and evaluating a selection of real-life examples.
Prof. Dr. Christopher Koch, Johannes Gutenberg-Universität, Mainz
6. Corporate Finance
In its first part, the course aims at giving students an understanding of how to calculate a firm's cost of capital. Based on that a comprehensive discussion of investment decisions in view of the mechanisms of capital markets is delivered. In the second part the tools and Problems of firm valuation are presented. The course is a mixture of lectures, exercises and group work.
Prof. Dr. Uwe Walz, University Frankfurt