Module SS 2020

> Review of Portfolio Theory and Asset Pricing
> Extensions of the CAPM
> Empirical confirmation/rejection of the CAPM
> Stock Market Anomalies
> Multi-Factor Models
> Investment Strategies
> Performance Evaluation
> Portfolio Execution, Monitoring, Rebalancing and Costs
  • Develop – as a member of the management board of directors - the business of a bank over several decision rounds (5-6) of a simulation game. Making a first decision on the type of bank (and strategy concepts) you want to manage. Analysis of the economic scenario offered at the beginning of a decision round.Making decisions on interest rates and prices for bank products (loans and other asset positions, deposits and other liability positions) and the issue of financial products in order to optimize the long-term profitability.Implementation of a bank strategy in terms of product, personnel, infrastructure and marketing.Dealing with bank risks, balance sheet structure, bank-specific controlling instruments and information media.Dealing with qualitative asset transformation and resulting risks, liquidity and capital requirements. Reaction to changes in framework conditions.
  • Recognising problems and analysing various topics in the area of financial services
  • Handling ambitious practical problems in financial services like consulting projects and real portfolio management
  • Developing customer-specific solutions
  • Communicating with project client
  • Presenting the final project report
  • Working in a team in a project-oriented manner
  • Mastering a portfolio under the supervision of a portfolio manager
  • Working up all relevant information and data for portfolio management
  • Structuring the strategic and tactical asset allocation
  • Deciding on security selection
  • Identification of a research problem and development of a research questionThematically 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 field of specialisation by drawing on scientific work methods. Completion of presentation documentation on a research problem within their specialised field. Defense of the elaborated research topic and in-depth discussion with the examination board.
All aspects that have to be considered for writing a successful exposé and master thesis, like e.g. the fulfillment of formal requirements, the development of a research project and the correct choice of methodology for answering the research question.
Liechtenstein Foundation Law:
  • general information and basic principles
  • liability
  • formation
  • entrepreneurial responsibility
  • asset protection
  • philanthropy

Liechtenstein Trust Law:
  • historical background and basic principles
  • Hague Convention
  • formation
  • dualism of ownership
  • business enterprises
  • asset protection
  • philanthropy
  • International and Intertemporal Tax Management for Natural Persons: Goals and Instruments
  • National, International and European Taxation of Asset Structures: Development, Investment and Succession of Assets.
  • National, International and European Taxation of Financial Instruments: Development, Investment and Succession of Assets.
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.