Controlling and Finance Tools for Consultants

Fakult?t

Fakult?t Wirtschafts- und Sozialwissenschaften (WiSo)

Version

Version 1 vom 07.06.2024.

Modulkennung

22M0882

Niveaustufe

Master

Unterrichtssprache

Englisch

ECTS-Leistungspunkte und Benotung

5.0

H?ufigkeit des Angebots des Moduls

nur Sommersemester

Dauer des Moduls

1 Semester

 

 

Kurzbeschreibung

What can external or internal consultants contribute to companies? How can these contributions be measured and communicated? Students are able to critically evaluate the complex decision-making processes within companies in view of the consultants' contribution to the achievement of financial business targets and present the added value of a project for the company.

Lehr-Lerninhalte

1. Setting the Scene – Preliminary Notes

2. Basic Knowledge of Financial Instruments

3. Fundamentals of Management and Consulting
3.1 Management and Consulting
3.2 The Role of the Finance Function
3.3 Shareholder and Stakeholder Perspective

4. Profound Financial Analysis
4.1 Financial Control Parameters
4.2 Example and Case Study

5. Asset and Cash Management, Benchmarking

6. Value Creation

7. Steering the Implementation of Strategies
7.1 Economic Value Added (EVA)
7.2 Balanced Score Card (BSC)
7.3 Value Driver

8. Risk Management and Risk Evaluation

9. Appraisal of Investment Proposals

Gesamtarbeitsaufwand

Der Arbeitsaufwand für das Modul umfasst insgesamt 150 Stunden (siehe auch "ECTS-Leistungspunkte und Benotung").

Lehr- und Lernformen
Dozentengebundenes Lernen
Std. WorkloadLehrtypMediale UmsetzungKonkretisierung
30VorlesungPr?senz-
15SonstigesPr?senz-
Dozentenungebundenes Lernen
Std. WorkloadLehrtypMediale UmsetzungKonkretisierung
50Veranstaltungsvor- und -nachbereitung-
35Hausaufgaben-
20Prüfungsvorbereitung-
Benotete Prüfungsleistung
  • Klausur oder
  • Portfolio-Prüfungsleistung
Bemerkung zur Prüfungsart

The portfolio exam covers 100 points and consists of one presentation an a one-hour written examination. The presentation is weighted by 40 points and the written exam by 60 points.

Prüfungsdauer und Prüfungsumfang

Written examination: in accordance with the valid study regulations.

Portfolio exam: written examination: see above; presentation: approx. 20 minutes

The requirements are specified in the respective lectures.

Empfohlene Vorkenntnisse

Basics Management Accounting, Basics Controlling

Wissensverbreiterung

Students who successfully complete this module have a substantiated knowledge of the most important tools of controlling and of corporate finance used for the improvement of business performance as an approach for consultancy services.

Wissensvertiefung

Understanding contribution and value added to companies
Know how about value management
Understanding role of the finance function
Understanding financials key figures used in consultancy (also for non-finance functions)
Main concepts of risk management
Main concepts of performance management
Steering the Implementation of Strategies
Fundamentals of Turnaround Management

Wissensverst?ndnis

Students who successfully complete this module are able to consolidate information from different areas of a business and the business environment, analyse this information and develop it to the decision-making stage.

Nutzung und Transfer

Students are able to work confidently with key finance and controlling tools.

Wissenschaftliche Innovation

Analyzing companies’ organizational and procedural status quo

Evaluating status quo

Deriving options for improvement

Applying and utilizing your knowledge in a team

Kommunikation und Kooperation

Students who successfully complete this module are able to analyse operative issues in view of their financial implications, and interpret and present the results.

Wissenschaftliches Selbstverst?ndnis / Professionalit?t

Applying risk management instruments
Applying performance management instruments
Instruments for (financial) business case creation

Literatur

Hawawini, Gabriel A./Viallet, Claude (2019): Finance for Executives: Managing for Value Creation

Reader from selected textbooks Current magazine articles Case study material

Zusammenhang mit anderen Modulen

management tools/exploring strategy, management concepts/strategy in action, fundamental knowledge of controlling and finances, fundamental principles of project and process management

Verwendbarkeit nach Studieng?ngen

  • Management im Gesundheitswesen, M.A.
    • Management im Gesundheitswesen, M.A. (01.09.2024)

  • International Business and Management (Master)
    • International Business and Management, M.A. (01.09.2024)

    Modulpromotor*in
    • Jede, Andreas
    Lehrende
    • Jede, Andreas