Modules SS 2014

  • Function of Financial Markets
  • Regulation of the Financial System
  • Monetary Policy
  • Banking Regulation
  • Going Public, IPO`s
  • Underpricing and Underperformance
  • Merger and Acquisitions Process
  • Merger Motives
  • Defence Measures
  • The Role of Investment Funds in Investment Banking
  • Hedge Funds and Private Equity Funds
  • Review of relevant economic concepts and topics
  • International Monetary Trade
  • Portfolio and Asset Management
  • Banking
  • Discussion of Case Studies
  • Instruments on the Futures Market: Forwards, Futures, Options and Swaps
  • Significance of Yield Curve
  • Evaluation of Forwards, Futures and Swaps
  • Characteristics of Option Prices
  • Evaluation of Options According to Black/Scholes and Binomial Model
  • Derivative Elements in Structured Products
  • Greeks and Volatility Smiles
  • Exotic Options
  • Selected Aspects of Risk Management (e.g. Value at Risk, Backtesting, Stress Testing)
  • Hedging Strategies
  • Financial Engineering of Various Finance Instruments
  • Operational Risks
Extracurriculare Activities comprise of various activities that are not linked to the Curriculum of the MSc in Banking and Financial Management, which are optional and further support the studying of the Master programme.
  • Global Financial Environment
  • International Parity Conditions and Exchange Rates
  • The Foreign Exchange Market and Derivatives
  • Foreign Exchange Exposure
  • Financing and Investing in the Global Firm
  • Working Capital Management
  • Investment and Financing Decisions in Entrepreneurial Settings
  • Deal Structuring
  • Evaluation Instruments for Entrepreneurial Ventures
  • Harvesting Strategies
  • Discussion of the Methods of Individually Selected Journal Articles
Theories of International Trade and International Finance aim at explaining underlying dynamics of economic and social developments in a global context. They also allow to investigate relations between market and industry structures and flows in goods, services and financial flows. Furthermore they serve in designing and evaluating the impact of macro-economic policies, currency fluctuations and trading regimes on economies, business strategy and operations.

The module aims at examining how national policies can, in theory, shape international trade and finance, and constrain the climate for international business. It extends this analysis to the international system discussing the role of international arrangements and institutions, e.g. the WTO, on international trade and investment.

Using a series of country-based case studies, students will have the opportunity to investigate how firms feel and master the impact of government policy and institutional set-ups in a specific nation state or economic region, for example China, India, the Arab World and South-America.

Contents of the module are:
  • Sources of international comparative advantages (differences in natural resources, technology and factor endowment)
  • Principles of strategic trade theory and geographic economic integration
  • Goals, instruments and impact of modern international trade policy in industrial and emerging economies
  • International trade agreements and organisations
  • Identification of a research problem and development of a research question
  • Thematically 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 area of specialisation by drawing on scientific work methods.
  • Mid-term report about the current stage of the progress during the Colloquium.
  • Completion of presentation documentation on a research problem within their specialised area.
  • Defense of the elaborated research topic and in-depth discussion with the examination board.