Information on individual educational components (ECTS-Course descriptions) per semester

Successful completion of the courses in accounting, business mathematics, accounting according to the Austrian Commercial Code (UGB) and cost and performance accounting.

Confidence in the basic concepts of accounting

Confidence in compounding and discounting payments

• Financial tasks and goals
• Investment and financial planning
• Investment and investment accounting for tangible and financial investments
• Financing markets and types
• Equity financing
• Loan and mezzanine financing
• Internal financing

For graduates of business administration, basic knowledge of financing a company and the monetary assessment of investment alternatives and investment decisions are part of the basic competences.

Students know about the financial objectives of a company and the importance of maintaining liquidity for the company's continued existence.

Students learn about essential instruments of capital procurement. They can distinguish between internal and external financing, equity and debt financing and classify the forms relevant for business practice as well as explain their main features with the effects on the company. Students can assess the opportunities and risks of important types of financing, evaluate the suitability of certain instruments for concrete company situations and thus develop proposals for suitable types of financing.

Students will also become familiar with static and dynamic procedures of investment appraisal and will be able to apply them to case studies. They become aware of the weaknesses of the static procedures and know about the explicit and implicit assumptions of the dynamic procedures. Students are thus able to assess investment projects with regard to their economic efficiency.

Students are familiar - using spreadsheet programmes - with the techniques of a sensitivity analysis in order to assess the limits and the essential drivers of the advantageousness of investment and financing alternatives.

Written exam

None

Becker, Hans Paul; Peppmeier, Arno (2018): Investition und Finanzierung: Grundlagen der Betrieblichen Finanzwirtschaft. 8. Auflage. Wiesbaden: Springer Gabler.

Perridon, Louis; Steiner, Manfred; Rathgeber, Andreas (2016): Finanzwirtschaft der Unternehmung. 17. Auflage. München: Vahlen.

Stopka, Ulrike; Urban, Thomas (2011): Investition und Finanzierung. 1. Auflage. Wiesbaden: Springer Gabler.

Classes with compulsory attendance in individual teaching units (simulation game, seminars) supplemented by asynchronous teaching units for the presentation of elementary basics, which are assumed as given knowledge