Master of Business Administration (MBA)

This module explores the field of business and corporate ethics and gives an understanding of the subject and its complexity. It is also intended to encourage students, as business professionals, to always remain alert and critical towards their own subject and its instruments, and to approach economic questions and problems not only with specialist knowledge, but always also with their common sense.

The individual’s capacity for change is a basic competence of today’s managers and employees. In this module students will acquire the knowledge and competences to actively shape change management and to reflect on their own attitudes and behaviour towards change. They will also acquire methodological and action skills to successfully lead change processes.

The module on Data Science Management (Big Data) provides students with a comprehensive understanding of the principles, techniques, and tools used in managing and analyzing large-scale data sets. The module explores the challenges and opportunities associated with big data and equips students with the knowledge and skills required to effectively leverage data science for decision-making and organizational success.

In this module students will learn what contributions innovations can make to the development of an economy and to the business of companies. They will be able to distinguish between an innovation and a non-innovation and at the same time be aware of the blurring of this distinction. It is also important to know what makes innovations successful and which methods can be used to manage innovations.

This module builds upon previously acquired knowledge in the fields of financial accounting and covers the preparation of financial statements according to international financial reporting standards (IFRS). After finishing the module successfully, students also understand the importance of international accounting according to IFRS and know its specific problematic fields.

The module covers market psychological issues, such as the importance of psychological research methodology motivated by business management during a product life cycle. For this purpose, market psychological methods and contents needed to answer numerous product and service-related questions in business management practice are taught. The module conveys methodological and thematic knowledge in the field of market and consumer research.

Occupational psychology in the narrower sense deals with the question of how working conditions affect the working person and how the person in turn affects the working conditions. The field of organisational psychology is generally concerned with the interrelationships between the individual and the organisation. This module covers the practical fields of application: students will treat questions of work analysis and work design, work safety, evaluate measures for mitigating stress and increasing employee motivation, and discuss methods of team development.

This module covers the essential contents of real estate management. In facility management, management activities focus on optimising all operational functions of the real estate, reducing costs, and improving services. Students will also learn how to use real estate during its life cycle and how to manage revitalisation of objects and corporate real estate.

This module deals with issues of both organisation and knowledge management, so that students will have a self-contained overview of the interrelationships. Both topics are closely related in companies: the design of the organisation must ensure that learning and the targeted handling of knowledge function in the best possible way in the company.

Private equity can be described as off-market equity capital from private investors, financial investors or companies or family offices. It enables the creation and growth of highly innovative firms. Hedge funds are in fact very risky actively managed open or closed-end investment funds. Because the way hedge funds achieve returns and their risk depends on the respective hedge fund strategy, in this module students will learn about the different types of strategies with their respective advantages and disadvantages.

In order not to endanger the company’s continued existence, a comprehensive management of entrepreneurial risks is necessary. This must be able to identify risks at an early stage, assess their relevance for the company and monitor and control critical risks. Students will learn more about the instruments applicable within the framework of risk management and how they can reduce the effects of undesirable risks for the company and thus increase the company’s value.