Faculty of Business Management
Undergraduate Programme Course Description English
- Effective February 2014 -
Fachhochschule Kiel - University of Applied Sciences
Faculty of Business Management
Mrs Christina Abraham
Sokratesplatz 2
D-24149 Kiel
Tel. ++49 (0) 431 210 3543
E-Mail: [email protected]
Web: www.fh-kiel.de
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Table of Contents
This is a compilation of descriptors of the courses that the Faculty of Business Management currently (effective February 2014) offers in English. Please note that this list is preliminary and courses may be subject to change. There are courses taught in English at other faculties (e.g. “Project Management“ (Professor Geisler) “Global Business Behaviour” (Professor Eghbalian) at the Faculty of Mechanical Engineering) and at the Centre for Languages and Intercultural Studies (http://www.fh-kiel.de => Internationales => Zentrum für Sprachen und Interkulturelle Kompetenz) that are open to international students.
For further questions please contact:
Mrs Christina Abraham
Phone 0049 (0)431 210 3543
Email: [email protected]
1 Course offered during Interdisciplinary Weeks (IDW), both for under- and postgraduate students.
Course Lecturer Programm Page
Business
Administration
Business
Information
Systems
General Management
Simulation
Gordon
Eckardt
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International Conflict
Management1
Rune Gulev/
Peen Rodt
X X 5
Introduction to Business Eisenschmidt X 7
Management of Cross
Cultural Differences
Rune Gulev X X 9
Managing Sustainability
for Modern Businesses
Rune Gulev X X 10
Market Research Matthias
Dressler
X X 11
Operations Management Peter Franke X X 14
Scientific Research &
Academic Writing
Matthias
Dressler
X X 16
Strategic Management Rune Gulev X X 17
Topics in Applied
Finance
Kay
Poggensee
X 19
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General Management Simulation (offered this semester by
appointment only)
Course unit code 4.4
Type of course unit
Year of study (if applicable) 5th semester
Semester when the course unit is delivered
Period Every Semester
Duration One semester
Number of ECTS credits allocated 5
Name of lecturer(s) Prof. Dr. Gordon H. Eckardt Contact: [email protected] Profile: http://www.fh-kiel.de/index.php?id=801
Module Leader Prof. Dr. Gordon H. Eckardt
Course description The focus of this course is a challenging, computer-based management simulation. Together with your teammates you will form a business team that will take over the leadership of a company in the printing and copying industry. The simulation presents a realistic model of a company and provides participants the opportunity to Learn how to make better business decisions Gain experience thinking about the overall impact of your decisions Think more effectively about the links between different decision areas Define economic goals and strategies and implement them in a dynamic environment Apply the fundamentals of marketing Analyze financial figures and put insight into practice Learn to use business tools like cost accounting and income analysis Maintain control of a business under uncertain conditions Learn to think and act in an inter-disciplinary way Develop the ability to structure and solve problems Define and solve problems in teams with the aid of data-processed planning models
Objectives of the course, preferably expressed in terms of learning outcomes and competences
Competences to be acquired, e.g.: - Technical competence: - Theoretical and practical understanding of the
relationship between decisions and results, especially how to find them insight the different types of annually reports of the the company
Methodological competence:
- The student will use his/her own and other people’s given technical knowledge to solve different strategic and operational problems
- During the course a number of short group
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presentations are required - Working with scarce resources (here: time-
management) Personal skills: - Development of self-management
skills/awareness - Development of social skills - Improvement of foreign language skills - Coping with stressful situations (e.g. tight
deadlines for presentations)
Course contents 1. Introduction to the specific conditions of the simulation 2. Replicate the content and relationships in between the different types of reports 3. Alternation of phases of analysis, decision making and reflection
Prerequisites and co-requisites None
Number of contact hours per week/en bloc
offered this semester by appointment only
Distribution of workload in hours Contact hours 70
Self-study 15
Preparation of presentations and final written paper
30
Preparation of final written assignment
35
Recommended or required reading Eckardt, G.H.: Business Management – Angewandte Unternehmensführung, 3. Auflage, Göttingen 2011. Participants Manual Readings will be distributed in class
Learning activities and teaching methods
Assessment methods and criteria Written assignment, Written paper, (Group) presentation
Alternative ways of assessment possible upon agreement
No
Weight of grade in total 5 / 165
Language of instruction Offered this semester by appointment only . English, if at least 5 exchange students register for the course
Particularities
Time and place Not yet known
Start Date 1st week of semester
Application Please contact me via email: [email protected].
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International Conflict Management
Course unit code -
Type of course unit IDW course
Year of study (if applicable) 2nd and 3rd year students
Semester when the course unit is delivered
Every semester
Period Total of 4 days. 2 during fall IDW and 2 during spring IDW
Duration Two semesters
Number of ECTS credits allocated 5 ECTS (2.5 x 2) for each semester
Name of lecturer(s) Dr Annemarie Peen Rodt (University of Southern Denmark) Prof. Dr. Rune Ellemose Gulev
Module Leader Prof. Dr. Rune Ellemose Gulev
Course description The purpose of this course is to give students insight into the theory and practice of international military conflict management. The course is divided into two parts. The first part explores the theory, politics and ethics of international organisations’ role in military conflict management. The second part will delve deeper into the practice of international conflict management and examine the role of different international organisations through specific operations concerned with the military management of violent conflicts in different parts of the world.
Objectives of the course, preferably expressed in terms of learning outcomes and competences
Learning outcomes and competences to be acquired: - Technical skills - Understanding of key concepts and theories of
conflict regulation - Knowledge of the tools and functioning of
international conflict management operations - Theoretical, ethical, political and practical
understanding of selected problems in the military management of violent conflict
The student will use this knowledge to discuss different theoretical and empirical cases and to structure their own research approach and communicate its outcome in a written assignment. Methodological skills - During the course active student engagement is
expected - A number of short student presentations will
take place - Students will be working with scarce resources
(here: time-management) - Application of theories and methods taught in
the course - Learning to develop short and clear arguments
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and conclusions – orally and in writing - Literature search and review - Gathering and working with data - Methodological considerations in data
collection, use & analysis Personal skills - Development of analytical skills and critical
thinking - Development of self-management
skills/awareness - Development of social skills - Improvement of foreign language - Coping with stressful situations (e.g. tight
deadlines for presentations and assignments) - Managing a small project - Writing a concise written report => After successful completion of the course the student will be able to independently handle methods relating to the analysis and evaluation of peace operations; to interpret data; to compare and contrast cases; to make qualified methodological decisions and thus successfully manage a minor research process and write an assignment in the area of international military conflict management.
Course contents Part 1: Theory, methods and ethics 1. Conflict regulation 2. Peace operations 3. Humanitarian intervention and responsibility to
protect Part 2: Case studies and comparison 1. UNPROFOR in Yugoslavia 2. EU Operation Artemis in DRC 3. African Mission in Burundi
Prerequisites and co-requisites None
Number of contact hours per week/en bloc
24 (12 for each 2-day session)
Distribution of workload in hours Contact hours 24
Self-study 70
Preparation of written paper 30
Preparation of group presentation
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Recommended or required reading Key text: Ramsbotham, Oliver, Woodhouse, Tom and Miall, Hugh, 2011. Contemporary Conflict Resolution (Cambridge: Polity). A list of further recommended reading will be distributed in class.
Learning activities and teaching methods
Lectures/seminars, case teaching, group work, self-directed learning, reading and other student-centred activities.
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Assessment methods and criteria Written assignment, (Group) presentation
Alternative ways of assessment possible upon agreement
No
Weight of grade in total 5 / 165
Language of instruction English
Particularities
Time and place Exact time not yet known, Block in IDWs, 05.-16.05.2014
Start Date
Application Please register between on https://ida.fh-kiel.de/idw/. 2 different intensive courses offered twice a year, each time awarding 2.5 ECTS. Optimal for Double Degree exchange students staying 2 semesters
Introduction to Business
Course unit code 1.1.
Type of course unit Optional in English
Year of study (if applicable) 1st semester
Semester when the course unit is delivered
Summersemester 2014
Period Every Semester
Duration One semester
Number of ECTS credits allocated 5
Name of lecturer(s) Prof. Dr. Karsten Eisenschmidt, Contact: [email protected] Profile: http://www.fh-kiel.de/index.php?id=8744
Module Leader Prof. Dr. Gordon Eckardt, Prof. Dr. Nyls-Arne Pasternack (English)
Course description This course is designed to introduce the student to the principles and functions of business. Business will be studied as an important part of the total social, political and economic environment. The following areas of business will be covered: business environment, forms of business ownership, managing organizations, marketing management, technology/information and finance.
Objectives of the course, preferably expressed in terms of learning outcomes and competences
Subject:
- To provide the students with a basic overview of the business community
- To introduce the students to the concepts and terminology of business
- To acquaint the students with the various functional areas of the firm: business environment, forms of business ownership, managing organizations, marketing management, technology/information and finance and how these interact in connection with a business simulation
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Methods: - To provide the student with a background which
will assist her/him in analyzing and studying business
- To provide the students with the problem solution process
- Presentation of results, strategies and analyses Social: - Group work - Contact with different cultures Personality:
- Group work - Contact with different cultures
Course contents - The Business Environment - Forms of Business Ownership - Managing Organizations - Marketing Management - Technology and Information - Finance
Prerequisites and co-requisites None
Number of contact hours per week/en bloc
4 hours weekly
Distribution of workload in hours Contact hours 29
Business Simulation 16
Self-study 60
Preparation of final written assignment
45
Recommended or required reading - McDaniel, C. and Lawrence J. Gitman. The Essentials of the
- Future of Business, 4th Edition, 2009 - Other relevant material given by the lecturer
Participant manual of the business simulation tool TOPSIM easyManagement
Learning activities and teaching methods
Lectures with group work especially - Business Simulation
During the course there is a business simulation (TOPSIM easyManagement). The participants of the course simulate decisions of a company. Successful companies/groups get bonus points for the written exam. One group will be about 5 students.
- Business Cases During the course students have to pre
Assessment methods and criteria - The participation in a business simulation (TOPSIM easyManagement) with bonus credits for the written exam and in a business case presentation are mandatory.
Students can only participate in the English written exam if they have a confirmation of participation in TOPSIM and in a business case presentation both
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in English!
- Written assignment (two hours)
Alternative ways of assessment possible upon agreement
No
Weight of grade in total 5 / 165
Language of instruction English
Particularities See above. The participation in the business simulation and the business case presentation are compulsory.
Time and place Exact time not yet known
Start Date Exact time not yet known
Application Please join the 1st session for further details.
Management of Cross Cultural Differences
Course unit code W-BA II
Type of course unit Optional
Year of study (if applicable) 1st or 2nd year of study
Semester when the course unit is delivered
Every Semester
Period Every Semester
Duration One semester
Number of ECTS credits allocated 5
Name of lecturer(s) Prof. Dr. Rune Ellemose Gulev Contact: [email protected] Profile: http://www.fh-kiel.de/index.php?id=6982
Module Leader See above
Course description The course is designed to introduce students to the differences that exist within business and management as a result of cross cultural variances. The focus of the course is on the interaction of people in international work settings and on obtaining a better understanding of what drives different groups of people. By learning about these cultural differences, students can develop methods to bridge cultural gaps and communicate more effectively with other cultural groups in business and social settings.
Objectives of the course, preferably expressed in terms of learning outcomes and competences
The course introduces the participants to the current culture discourse and seeks to develop intercultural competence and understanding. It integrates cultural awareness into traditional business disciplines through a mix of lectures, discussions and case studies focusing on management, organization and communication. It aims at developing the participants own cultural skills to better tackle the multicultural business environment we face today by learning how to build on cultural differences and how to increase the effectiveness of multicultural companies.
Course contents - Categorizing cultures
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- Bridging the cultural gap - Culture’s influence on strategy, structure,
control - Culture’s influence on leadership, management
and IHRM - Culture’s influence on motivation and
communication - Culture’s influence on negotiation tactics - Gender Equality - Subcultures - Expatriate utilization
Prerequisites and co-requisites None
Number of contact hours per week/en bloc
5
Distribution of workload in hours Contact hours 45
Self-study 50
Preparation of presentations
5
Practical work 10
Preparation of final written assignment
40
Recommended or required reading Readings will be distributed in class
Learning activities and teaching methods
interactive classes, group work, individual work, student presentations, workshops
Assessment methods and criteria Written assignment, presentation
Alternative ways of assessment possible upon agreement
No
Weight of grade in total 5 / 165
Language of instruction English
Particularities None
Time and place Exact time not yet known
Start Date Exact time not yet known
Application Please join the 1st session for further details.
Managing Sustainability for Modern Businesses
Course unit code S 88
Type of course unit Optional
Year of study (if applicable) 5th semester
Semester when the course unit is delivered
Summersemester 2014
Period Every Semester
Duration One semester
Number of ECTS credits allocated 5
Name of lecturer(s) Prof. Dr. Rune Ellemose Gulev Contact: [email protected] Profile: http://www.fh-kiel.de/index.php?id=6982
Module Leader See above
Course description The course demands that students think critically about current business methods and how sustainability can be achieved/maintained within
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capitalistic markets. An attention shift is made outside the corporation and into the world in order to assess how management and business can interact positively with communities and the environment and in sync with capitalistic systems. Students will be asked to conduct a lot of independent reading and form critical opinions about the content and be prepared to discuss this in class.
Objectives of the course, preferably expressed in terms of learning outcomes and competences
By the end of the course, students should be able to better contextualize how their definition of modern business and management can harmonize with goals outside the organization without causing detriment to financial goals of the organization.
Course contents Special emphasis is placed on three core subjects: - Human capital sustainability - Environmental sustainability - Economic sustainability
Prerequisites and co-requisites None
Number of contact hours per week/en bloc
4
Distribution of workload in hours Contact hours 45
Self-study 50
Presentations 5
Preparation of final written assignment
40
Recommended or required reading Readings will be distributed in class
Learning activities and teaching methods
Interactive classes Group work Individual work Student presentations Workshops A lot of independent research by the students is required
Assessment methods and criteria Written assignment, written paper
Alternative ways of assessment possible upon agreement
No
Weight of grade in total 5 / 165
Language of instruction English
Particularities None
Time and place Exact time not yet known
Start Date Exact time not yet known
Application Please join the 1st session for further details.
Market Research
Course unit code None
Type of course unit Optional
Year of study (if applicable) 1st or 2nd year of study
Semester when the course unit is Summer Semester 2012
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delivered
Period Every semester
Duration One semester
Number of ECTS credits allocated 5
Name of lecturer(s) Prof. Dr. Matthias Dressler Contact: Matthias.Dressler@ fh-kiel.de Profile: http://www.fh-kiel.de/index.php?id=802 Website: http://matthiasdressler.de/wordpress/
Module Leader See above
Course description Market Research shows you different research designs and market research methods. After a theoretical introduction you learn how to apply typical quantitative and qualitative techniques and how to interpret results correctly. Students will be trained strongly parallely for the final exam according to constrained alignement methods. Thus a successful finish comes almost automatically, if you attend the course and participate regularly.
Objectives of the course, preferably expressed in terms of learning outcomes and competences
Main differences between the Market Research course between the bachelor and master course are the length of literature, the depth of the project and the degree of step-by-step support. The latter is less detailed for master students. Technical competence: The student will gain knowledge about the central functions of market research. She/he will understand central concepts and techniques as well as a theoretical and practical understanding of selected problems. Students will gather and work with self-generated data. The will learn about ethical aspects in data using Methodological competence: The student will use his/her own and other people’s given technical knowledge to solve secondary data research problems and to structure the research approach. During the course a number of short group presentations are required Working with scarce resources (here: time-management) Application of scientific standard software Learning to develop short and clear conclusions Personal skills: Development of self-management skills/awareness Development of social skills Improvement of foreign language skills Coping with stressful situations (e.g. tight deadlines for presentations) Enlarge her/his frustration tolerance during a walk through a complete scientific research process => After successful completion of the course the
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student will be able to define the central market research problem of a case and to offer adequate market research solutions.
Course contents Stage 1 Introduction of learning objectives and procedures Stage 2 Independent dealing with introductory literature Raising and discussing questions Stage 3 Conceptual design and realization of proper scientific analysis; Developing a questionnaire or an interview guide, applying standard software for social sciences; Final exam (graded)
Prerequisites and co-requisites None
Number of contact hours per week/en bloc
4 hours weekly
Distribution of workload in hours Contact hours 40
Self-study 15
Preparation of presentations
10
Practical work 20
Preparation of final written assignment
20
Preparation of written paper 15
Group work 25
Excursion
5
Recommended or required reading - An Introduction to Marketing Research By Scott M. Smith, James Passey, Gerald S. Albaum
- Conducting in-depth interviews, A Guide for
Designing and Conducting In-Depth Interviews for Evaluation Input, By Carolyn Boyce, Palena Neale
Learning activities and teaching methods
Guided reading into basic literature, data base analysis, project work, presentations. Script, Beamer, black board, SPSS-application
Assessment methods and criteria Written assignment 100 %
Alternative ways of assessment possible upon agreement
No
Weight of grade in total 5 / 165
Language of instruction English
Particularities Application of course wiki, google groups, SPSS, Atlas.ti, developing and conducting in-depth interviews. Application of international scientific data bank (ebscohost, wiso-net).
Time and place Exact time not yet known
Start Date Exact time not yet known
Application Please register here: http://matthiasdressler.de/wordpress/?page_id=65
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Please join at all costs the 1st session for further details!
Operations Management
Course unit code 1.2
Type of course unit Compulsory for BA courses in BWL and Wirtschaftsinformatik (This course is the English language equivalent of the German courses Operations Management and Beschaffungsmarketing, it may not be combined with either of these)
Year of study (if applicable) 1st year, second semester
Semester when the course unit is delivered
Summer Semester 2014
Period Every semester
Duration One semester
Number of ECTS credits allocated 5
Name of lecturer(s) Prof. Dr. Peter Franke Contact: [email protected] Profile: http://www.fh-kiel.de/index.php?id=7600&L=0
Module Leader See above
Course description Operations management is concerned with creating the services and products upon which we all depend. And all organizations produce some mixture of services and products, whether that organization is large or small, manufacturing or service, for profit or not for profit, public or private. Operations management gives all these organizations the potential to improve both efficiency and customer service simultaneously. Operations management is everywhere, it is not confined to the operations function. All managers, whether they are called finance managers, HR managers or operations managers manage processes and serve customers (internal or external) and therefore have to manage some form of operation. The aim of this course is to give students a basic understanding of how operations are designed, managed and improved.
Objectives of the course, preferably expressed in terms of learning outcomes and competences
Technical Competence: Students should, at the end of the course, be able to explain the role of operations management in an organization and know the key terms of operations management. They should furthermore understand and be able to apply the basic concepts and techniques for designing and managing operations.
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Methodological Competence: - Application of principles and techniques known
from basic business studies - Ability to apply basic operations management
techniques, e.g. Business Process Re-engineering and Quality Function Deployment
- Presentation skills Personal Skills: - Teamwork - Coping with deadlines - Improvement of foreign language skills (those
whose mother tongue is not English) - Coping with stressful situations (e.g. tight
deadlines for presentations)
Course contents 1. Introduction to Operations Management 2. Operations Performance and Strategy 3. Process Design 4. Product Design 5. Supply Network Design 6. Layout Design 7. Operations Technologies/ Job Design 8. Managing Capacities 9. Inventory Management 10. Supply Chain Management 11. Enterprise Resource Management 12. Quality Management
Prerequisites and co-requisites None
Number of contact hours per week/en bloc
6 hours weekly
Distribution of workload in hours Contact hours Approx. 67,5
Self-study 52,5
Exam Preparation TOTAL
30 150 hours
Recommended or required reading Slack, Nigel; Chambers, Stuart; Johnston, Robert: Operations Management, most recent edition
Learning activities and teaching Methods
Lectures, Case Studies, Management Simulation Games, self-directed learning, reading
Assessment methods and criteria Two-hour written examination based on the full syllabus
Alternative ways of assessment possible upon agreement
No
Weight of grade in total 5 / 165
Language of instruction English
Particularities -
Time and place Exact time not yet known
Start Date 1st week of the semester
Application Please register via LMS (https://lms.fh-kiel.de/).
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Scientific Research and Academic Writing
Course unit code SRAW (engl.)
Type of course unit Optional
Year of study (if applicable) 1st or 2nd or 3rd year of study
Semester when the course unit is delivered
Period Every semester
Duration One semester
Number of ECTS credits allocated 5
Name of lecturer(s) Prof. Dr. Matthias Dressler Contact: Matthias.Dressler@ fh-kiel.de Profile: http://www.fh-kiel.de/index.php?id=802 Website: http://matthiasdressler.de/wordpress/
Module Leader Prof. Dr. Matthias Dressler
Course description Scientific research and academic writing is an extremely useful help for “Hausarbeiten”, papers, thesis and the like
Objectives of the course, preferably expressed in terms of learning outcomes and competences
Technical competence: - A deeper understanding of the basic elements of
scientific research and academic writing. Acquistion of abilities to conduct his or her ownstudies and to write scientific papers
Methodological competence:
- The student will use his/her own and other people’s given technical knowledge to be able to solve secondary data research problems and to structure the research approach
- During the course a number of short group presentations are held.
- The student is able to work with scarce resources (here: time-management)
- The student is able to draw correct conclusions from given data
Personal skills: - Development of self-management
skills/awareness - Use of social skills - Use of the English language in scientific context - Coping with stressful situations (e.g. tight
deadlines for presentations) - Enlarge her/his frustration tolerance during a
walk through a complete scientific research process
- After successful completion of the course the student will be able to independently handle the methods of secondary data research and the writing of scientific papers. Moreover he will be able to judge the quality of different sources.
Course contents - The nature of science - The value of a sound theoretical foundation - Scientific reasoning
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- The differences between qualitative and quantitative research
- The nature of hypothyses - The necessity of (re-)defining a subject - Logic structuring with a common thread - Coherent writing, writing style - Citation and quotation - Plagiarism versus paraphrasing - Planning and managing a manuskript - Time & work space management - Efficient data research - The nature of secondary and primary data - Efficient source management - Closed-circle system - Evaluation of papers
Prerequisites and co-requisites None
Number of contact hours per week/en bloc
4
Distribution of workload in hours Contact hours 35
Self-study 60
Preparation of presentations
10
Preparation of written paper 45
Recommended or required reading Okasha, S.: Philosophy of Science: A very short introduction Katz, M. J.: From Research to Manuskript: A Guide to Scientific Writing
Learning activities and teaching methods
Assessment methods and criteria Written paper 100%
Alternative ways of assessment possible upon agreement
No
Weight of grade in total 5 / 165
Language of instruction English
Particularities Online: selected educational movies
Time and place Exact time not yet known
Start Date Exact time not yet known
Application Please register here: http://matthiasdressler.de/wordpress Please join at all costs the 1st session for further details!
Strategic Management
Course unit code 4.1
Type of course unit Compulsory
Year of study (if applicable) 4th semester
Semester when the course unit is delivered
Every Semester
Period Every semester
18
Duration One semester
Number of ECTS credits allocated 5
Name of lecturer(s) (English) Prof. Dr. Rune Ellemose Gulev Contact: [email protected] Profile: http://www.fh-kiel.de/index.php?id=6982 & (German) Prof. Dr. Bernd Waldeck Contact: [email protected] Profile: http://www.fh-kiel.de/index.php?id=985
Module Leader See above
Course description The course pivots around the strategic management process and students will learn how to address this process in a coherent and logical manner. This involves becoming competent in environmental analyses, coupling strategies with objectives and implementing strategies so that we get the most out of our employees. Upon completion of the course, the students should have a thorough understanding of the strategic management process and the academic tools covered connected to it.
Objectives of the course, preferably expressed in terms of learning outcomes and competences
After successful completion of this course, students will be able to systematically investigate and analyse the strategic management process of companies and make coherent suggestions and proposals for lucrative business strategies. Further, several contemporary aspects of the marketing realm are discussed in conjunction with management strategies of companies in order to unite board room planning with marketing realities. Finally, as the course is grounded in modern company discourse, the course tackles current issues that challenge companies today.
Course contents - Understanding the key aspects related to strategic management
- Using the key aspects correctly - Strategy formulation, implementation and
evaluation - Strategic marketing - Understanding the big picture and uniting
strategic management with marketing
Prerequisites and co-requisites None
Number of contact hours per week/en bloc
4 hours weekly
Distribution of workload in hours Contact hours 45
Self-study 50
Presentations 5
Practical work 10
Preparation of final written assignment
40
Recommended or required reading Readings will be uploaded on e-learning.
Learning activities and teaching methods
Interactive class teachings, student presentations
Assessment methods and criteria Level of active participation in class, written
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assignment
Alternative ways of assessment possible upon agreement
Yes/ No
Weight of grade in total 5 / 165
Language of instruction English (the same course in German is also offered)
Particularities None
Time and place Exact time not yet known
Start Date Exact time not yet known
Application Please join the 1st session for further details.
Topics in Applied Finance
Course unit code S 16
Type of course unit Optional
Year of study (if applicable) 5th semester
Semester when the course unit is delivered
Winter Semester 2013
Period One semester
Duration One semester
Number of ECTS credits allocated 5
Name of lecturer(s) Prof. Dr. Kay Poggensee Contact: [email protected] Profile: http://www.fh-kiel.de/index.php?id=977 & the representatives of selected companies
Module Leader See above
Course description
Objectives of the course, preferably expressed in terms of learning outcomes and competences
Professional Competence: On completion of this course students will have professional competence in the area of M&A, IPO or Going Private (theoretical and empirical). Subsequently, students will be able to combine theoretical knowledge with practical application (companies, countries etc) and will also improve their ability to accurately analyse economic problems in context. Methodological Competence : On completion of this module, students will be able to: - research selected theories working with the
literature - work with empirical information from given data - apply theoretical models to Case Studies - have the ability to accurately analyse economic
problems in context. The students will learn how to systematically present their topics, work towards goal-orientation, deal with deadlines and other significant research regulations, plus develop significant rhetorical skills.
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Social Competence: During the course students have to: - communicate with other seminar participants,
representatives of selected companies and the supervising lecturer
- learn cultural differences, business behaviour and the main business principles of international companies
- learn how to accept criticism, respect rules, motivate the group’s members.
Personal Competence:
- Students will gain competence in: - leadership qualities and skills - decision-making processes - social effectiveness - self-management awareness and skills.
Course contents I: Introductory Session - Seminar registration - Setting up the rules for the participation
II: Presentation by Dipl. Betriebswirt (FH Kiel) Dirk Burmann, Leiter Fondsmanagement, HGA Capital, HSH Nordbank about “enterprise valuation” III: Presentation of papers Suggested topics: A. Reasons for M&A A.1 Theory A.2 Empirical Evidence B. Administering M&A B.1 Forms of M&A B.2 Forms frequently used in the past C. Case studies CA. M&A in selected Countries CA. 1 Germany CA. 2 USA CA. 3 Australia CA. 4 Great Britain CA. 5 Ireland CA. 6 New Zealand CA. 7 South Africa CA. 8 Singapore CA 9 Baltic Region CA 10 Spain CA 11 France CB. Case studies on selected enterprises CB.1 Oracle/ PeopleSoft CB. 2 Deutsche Börse/LSE CB. 3 Nestle/Wagner CB. 4 Symantec/Veritas CB. 5 Johnson & Johnson/Guidant
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CB. 6 Almira S.A./erotic media AG CB. 7 Lenovo/IBM CB. 8 Campina/Arla CB. 9 Post/ KarstadtQuelle Logistik CB. 10 Bitburger/Wernesgrüner CB. 11 Deutsche Bank/Bank of China CB. 12 Danske Bank/National Irish Bank CB. 13 Lottogesellschaft/Tipp24 AG CB. 14 Hilfiger/Lagerfeld CC. Case studies on enterprise valuation CC 1 Theoretical Derivation of Growth rates in the case of perpetuity CC 2 Critical comparison between Entity and Equity-Approach CC 3 Critical comparison between Discounted Earnings and Discounted Cash Flow- Methods CC 4 Critical description of the Adjusted Present Value- Approach [APV] DD. Case studies on IPO´s of selected enterprises DD 1 Postbank: Sergio López Carmona DD 2 Santander Bank Jose Antonio Galera
Prerequisites and co-requisites None
Number of contact hours per week/en bloc
block course
Distribution of workload in hours Contact hours 45
Self-study 35
Preparation of project/ presentation
50
Presentation 20
Recommended or required reading Dependent on the seminar’s elements and wishes of the participants:
relevant textbooks
trade publications & on-line sources
additional information provided by companies (when appropriate)
Alumni’s essays.
Learning activities and teaching methods
At the beginning of the semester: - lecture-style teaching - explanation of rules - presentation of theoretical models - presentation by participating/partner companies. In the middle of the semester: - interaction between the participants, the
company representatives and the supervising
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lecturer - case study presentation by company
representatives. At the end of the semester: - interactive participation in the course - writing a seminar paper - presentation by students - group discussion.
Assessment methods and criteria Written paper (40%), presentation (40%), group discussion (20%) Attendance is required in 100% of the contact hours!
Alternative ways of assessment possible upon agreement
No
Weight of grade in total 5 / 165
Language of instruction English
Particularities Various companies per semester are involved in contributing to the course practically, as well as directly with the student participants. Participating companies predominantly come from among the following: HSH Nordbank, MMWarburg, DZ Bank, Dresdner Kleinworth Wasserstein, PWC, KPMG… International Personal: a) Due to the fact that the lecturing language is English, international students are encouraged and expected to attend the seminar. b) The lecturer is part of the international cooperation team in the Faculty of Business Management at FH Kiel. The course is appropriated for the teamwork of German students with the students of partner universities of FH Kiel Professional: The selected elements of the course are important for multinational companies. The course therefore also focuses on the intercultural nature and communication between such companies. Interculturalism occurs naturally via participation of students from different nations, and is dependent on relating of their experiences and interactive participation in the discussion of all selected topics; for example “Cultural due diligence“.
Time and place I: Introductary Session Exact time not yet known - Seminar registration (you can do that from now on and select your preferred topic) - Setting up the rules for the participation
23
II: Presentation by Exact time not yet known III: Presentation of the papers, Exact time not yet known
Start Date Exact time not yet known
Application Please register via email until the end of the initial meeting to register for the course and one of the topics. Afterwards no participation on this course will be accepted.