After successful completion of the course, students are able to independently solve and present Financial Management cases, like e.g. to analyze and to apply the Black-Litterman portfolio optimization approach in comparison to the traditional mean-variance approach of Markowitz; or to calculate and assess factor premiums; or to calculate and analyze potential tax shield effects (personal taxes, corporate taxes) on the optimal capital structure.
Furthermore, students will be able to portion their case problems into work packages and to assign them to individual group colleagues.
Discussion of special topics in Financial Management.
Presentation and discussion of all tasks;
Presentations performed by students (Proposal presentation, interim presentation, final presentation);
Discussion of solution approaches presented by students with suggestions for improvements and adaptations;
Writing of a seminar paper.
Interim presentation (achievable number of points: 15)
End presentation (achievable number of points: 20)
Seminar paper (achievable number of points: 65)
Basic knowledge of the following subject areas:
* Betriebliche Optimierung (business optimisation)
* Kosten- und Leistungsrechnung (cost accounting)
* Investition und Finanzierung (capital budgeting, financing basics)
* Controlling
* Project and Enterprise Financing
* Financial Management and Reporting
