Courses

>> Recommended path through the programme for students beginning in the winter term:

Term offered
CourseECTSSemesterWSSS
Introductory Phase
VO Basics of Finance41x
VO Decisions Under Uncertainty41x
KU Introductory Econometrics81x
KU Asset Pricing 1
(blocked in the first half of the semester)		41 or 2xx
KU Banking and Financial Intermediation 1
(blocked in the first half of the semester) 		41 or 2xx
KU Corporate Finance 1
(blocked in the first half of the semester)		41 or 2xx
UK Money and Banking42x
UK Game Theory and Information Economics121/2x
alternatively (from the academic year 2019/20):
  • VO Decision and Game Theory (MA)
    (blocked in the first half of the semester)
  • KU Decision and Game Theory II (MA)
    (blocked in the second half of the semester)
  • KU Contract Theory (MA)
    (blocked in the first half of the semester)
    or
    KU Incentive Contracts (MA)(not in 2022)
The courses VO Decision and Game Theory, KU Decision and Game Theory II, and KU Contract Theory should be taken consecutively since they bulid on each other.
The course Incentive Contracts can be taken in parallel to the courses in Decision and Game Theory. Please note that the courses Corporate Finance 2 and Banking and Financial Intermediation 2 build on these courses.

 

4

4

4

 
4





 

 

1 or 2

1 or 2

2

 
1





 

 

x

x

 

 






 

 

 

 

x

 
 





 

Students may choose between the following specialisations:
Business Orientation: Specialisation in Banking
KU Banking and Financial Intermediation 2
Besides KU Banking and Financial Intermediation 1 this course is based on UK Game Theory and Information Economics or VO + KU Decision and Game Theory (II), as well as KU Applied Contract Theory.		42x
KU Commercial Banking42x
KU Investment Banking42x
Seminar
Field of topics:
WS: Banking/Financial Intermediation
SS: Asset Pricing/Market Microstructure
It is recommended to complete KU Banking and Financial Intermediation 1 and Asset pricing 1 before taking the seminar.		43xx
Electives in Banking or related areas
Courses in the field of banking and financial intermediation or related fields, course such as the assessment of financial instruments, corporate financing and restructuring, risk management, incentive system design and contract theory.		83-4xx
Electives in Finance, Accounting and Economic Law
Courses in the field of banking and financial intermediation or related fields, course such as the assessment of financial instruments, corporate financing and restructuring, risk management, incentive system design and contract theory.
  • Courses in fundamental subjects offered in the Faculty’s master’s programmes
  • Elective subjects from the module “Electives in Banking or related areas“
  • Courses from the module „Corporate Finance for Business Orientation“
  • Asset Pricing 2
  • Advanced Topics in Banking and Financial Intermediation, Corporate Finance as well as Asset Pricing and Financial Markets
  • Courses from the specialisation phase (majors) Financial Accounting (Externes Rechnungswesen) and Controlling of the master’s programme in Business Administration
  • Courses in the field of Economic Law
201-4xx
Electives in Business, Economics, and Statistics
Courses that are offered in the master’s programmes of the Faculty of Business, Economics and Statistics, provided that the respective courses were not selected for other modules and fulfil the requirements stated in the respective curricula. Students can also select courses completed during an exchange semester abroad.		81-4xx
Master’s Thesis Seminar24xx
   
Business Orientation: Specialisation in Corporate Finance
KU Corporate Finance 2
Besides Corporate Finance 1 this course is based on UK Game Theory and Information Economics or VO + KU Decision and Game Theory (II), as well as KU Applied Contract Theory.		42x
KU Valuation
This course is based on KU Corporate Finance 1.		42xx
KU Corporate Restructuring
This course ist based on KU Corporate Finance 1 and KU Valuation.		42x
Seminar
It is recommended to complete KU Corporate Finance 1 before taking the seminar.
The seminar in the winter term ("Advanced Topics in Valuatio") is held in cooporation with PwC and UNIQA.
Prerequisites: KU Corporate Finance 1, KU Valuation		43xx
Electives in Corporate Finance or related areas
Courses in the field of corporate finance or related fields, course such as the assessment of financial instruments, risk management, incentive systems and contract theory.		83-4xx
Electives in Finance, Accounting and Economic Law
Courses in the field of banking and financial intermediation or related fields, course such as the assessment of financial instruments, corporate financing and restructuring, risk management, incentive system design and contract theory.
  • Courses in fundamental subjects offered in the Faculty’s master’s programmes
  • Elective subjects from the module “Electives in Banking or related areas“
  • Courses from the module „Corporate Finance for Business Orientation“
  • Asset Pricing 2
  • Advanced Topics in Banking and Financial Intermediation, Corporate Finance as well as Asset Pricing and Financial Markets
  • Courses from the specialisation phase (majors) Financial Accounting (Externes Rechnungswesen) and Controlling of the master’s programme in Business Administration
  • Courses in the field of Economic Law
201-4xx
Electives in Business, Economics, and Statistics
Courses that are offered in the master’s programmes of the Faculty of Business, Economics and Statistics, provided that the respective courses were not selected for other modules and fulfil the requirements stated in the respective curricula. Students can also select courses completed during an exchange semester abroad.		81-4xx
Master’s Thesis Seminar24xx
  
Science Orientation
KU Asset Pricing 2
(blocked in the second half of the semester)		42x
KU Banking and Financial Intermediation 2
It is recommended to complete VO Decision and Game Theory (MA) and KU Information Economics for Finance (MA)
(or KU Game Theory and Information Economics) before taking this course.		42x
KU Corporate Finance 2
It is recommended to complete VO Decision and Game Theory (MA) and KU Information Economics for Finance (MA)
(or KU Game Theory and Information Economics) before taking this course.		42x
KU Econometrics in Finance82x
Advanced Topics in
Banking and Financial Intermediation
or
Corporate Finance
or
Asset Pricing and Financial Markets
It is recommended to complete the modules „Core Courses  in  Finance“ 1 und 2 (i.e. the KU’s Asset Pricing 1+2, Banking and Financial Intermediation 1+2, Corporate Finance 1+2) as well as KU Introductory Econometrics and UK Game Theory and Information Economics before taking these courses.		83xx
Seminar
It is recommended to complete the modules „Core Courses  in  Finance“ 1 und 2 (i.e. the KU’s Asset Pricing 1+2, Banking and Financial Intermediation 1+2, Corporate Finance 1+2) as well as KU Introductory Econometrics and UK Game Theory and Information Economics before taking the seminar.
The seminar "Advanced Topics in Valuation" is held in cooporation with PwC and UNIQA.
Prerequisites: KU Corporate Finance 1, KU Valuation		43xx
Elective in Banking and Financial Intermediation, Corporate Finance, Asset Pricing and Financial Markets43xx
Electives from the following fields:
  • Finance
  • Business Adminstration (in particular Accounting and Controlling) 
  • Economics
  • Mathematics and Statistics
  • Financial and Insurance Mathematics
  • Econometrics
  • Programming and Computer Based Financial Modelling 
  • Economic Law
  • Psychology
161-4xx
Master’s Thesis Seminar (Conversatorium for Master Candidates)
Students present their master's thesis in the presence of the respective supervisor shortly before they have completed their thesis.		24xx


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