Banking and Insurance Industry

Fundamentals of the finance, banking, and insurance industries | Lecture (VO) | Coursecode: 190381106

Introduction to the banking business and basic products of the banking business

2.00

ECTS

2.00

SWS

The course gives an introduction to the basics of banking economics, their history and significance for an economy including a market overview, as well as the most important banking products. The core contents should be: [1] Functions of money and basic concepts: cash, electronic money, book money, money supply, money creation, minimum reserve [2] Market overview; Types of banks and structure of the banking system; Credit sectors [3] National and European and International Institutions: FMA, OeNB, EBA, ECB, etc. [4] Legal framework [5] Functions of the banks and development: in particular transformation functions [6] Lending: theory and practice of lending, types of credit, credit check, collateral, loan agreement [7] Deposit business: types of bank deposits, deposit insurance [8] Payment transactions [9] Issuing business [10] Trading Business…

Fundamentals of the finance, banking, and insurance industries | Lecture (VO) | Coursecode: 190381105

Introduction to the insurance business and basic products of the insurance business

2.00

ECTS

2.00

SWS

Introduction of basics of insurance management, whose history and importance for the economy, a overview of the market, the most important insurance products. The core content should be: [1] Basics and history of the insurance industry [2] Introduction of legal social insurance and whose distinction to the private insurance [3] Overview of the market [4] Legal framework and supervisors: FMA, EIOPA etc [5] Insurability [6] Risk theoretical standard model [7] Risktransfer and spred of risks, law of big numbers [8] Security equivalent and risk premium [9] Core business and actuarial risk [10] Basic products: Property and casualty insurance [11] Life insurance and health insurance Optional contents: [12] more insurance operations (Services-, savings-, dissavings-, investment-, and other business) …

Fundamentals of the finance, banking, and insurance industries | Lecture/Practical (IL) | Coursecode: 190381104

Investment & Financing

4.00

ECTS

2.00

SWS

The students learn basics of investment and financing, basics of financial mathematics, static and dynamic methods of investment calculations, critical comparison of evaluation criteria The core contents include: [1]: Financial mathematics: Interest calculation, calculation of annuities, redemption calculation [2] Time value of money: time line, golden rules, interest rates [2] Views of investment and financing: traditional vs capital market-oriented view [3] Fisher model: Perfect capital market [4] Static and dynamic methods of investment calculation; comparison of evaluation criteria [5] Connection of Finance and Accounting; relevant cash flows in the investment calculations [6] Forms of financing [7] Comparison leasing, buying, renting The digital competences of the participants will be promoted in the course by the application of the learned contents in state of the art software (Excel, R, Python, etc).

Main features of the law | Lecture/Practical (IL) | Coursecode: 190381107

Civil Law and Contract Law

5.00

ECTS

3.00

SWS

The course gives an introduction to selected chapters of civil law and case-handling with particular emphasis on the General Section of Private Law. The students learn cases from subareas of private law and the solving of cases on the basis of claims. The acquisition of basic knowledge in various areas of private law is in the foreground with a special focus on contract law. The core contents should be: [1] Introduction to Law: Work Technique, Case Solution [2] Persons: natural and legal persons, business and tort, ability, representation, power of attorney [3] Things: property, possessions, principles [4] Contracts: types of contracts, conclusion of contracts, defects before and at the conclusion of the contract, performance disruptions, warranty, security interests [5] Obligations: Compensations, service conditions, use claim, management without order [6] International Private Law, UN Sales Convention, Rome Regulations, …

Main features of the law | Lecture (VO) | Coursecode: 190381108

European, constitutional and administrative law

2.00

ECTS

2.00

SWS

The course provides an introduction to European law and Austrian constitutional and administrative law and thus creates the basis for understanding the deepening of special legal matters. The core contents be: [1] Introduction to the law: especially structure of the legal system [2] Basic principles of constitutional law [3] State functions [4] Legislation [5] Administration [6] International Law and Constitutional Law [7] Austria in the European Union [8] Legal Protection and Control

Personal Skills & English 1 | Lecture/Practical (IL) | Coursecode: 190381109

Business Informatics

2.00

ECTS

1.00

SWS

In this coure will be selected computer programs in the field of word processing, spreadsheets and statistical analysis presented and applied at an advanced level. The core contents include: [1] Word processing: directories, field functions, forms, form letters, macros, data integration [2] Spreadsheet: Functions, Analyze, Filter and Sort, Scopes, Macros, Charts, Data Integration [3] Presentations: Target group orientation, basic rules of presentation creation, embedding of external content, control of the presentation process [4] Databases: concept of databases, database structure, queries, SQL [5] Introduction to programming: programming languages; current developments: Machine Learning, Artificial Intelligence, Blockchain [6] Introduction to R: Fundamentals, Variables, Dealing with Data, Graphical Representation The course is completely held as a blended learning course to promote the digital skills of the participants and the flexibility of the time.

Personal Skills & English 1 | Practical (UE) | Coursecode: 190381110

Communication in Business

2.00

ECTS

1.00

SWS

The aim of this course is to develop English communication skills for business. The core contents of this course include: [1] General Business Engish & Basic Grammar Revision [2] Reading and writing business correspondence [3] Rollowing telephone conversations and discussions [4] Talking about business-related matters [5] Interpreting charts The language of instruction is English.

Quantitative basics 1 | Lecture/Practical (IL) | Coursecode: 190381101

Introduction of Accounting and Bookkeeping

3.00

ECTS

2.00

SWS

The course includes an introduction of Accounting and Bookkeeping, the legal bases, basic terms of accounting and bookkeeping, the system of double-entry bookkeeping and Financial Accounting.

Core Content:

[1] Introduction and overview of business administration

[2] Structure, tasks and basic terms of Accounting

[3] Legal bases of Accounting

[4] Account system and chart of accounts

[5] System of double-entry

[6] Entering business transactions

[7] Basics of VAT

Quantitative basics 1 | Lecture/Practical (IL) | Coursecode: 190381102

Mathematics for Economics

5.00

ECTS

3.00

SWS

Basic terms of mathematics for economics, especially mathematics of finance, linear models, matrices. Mathematical and statistical fundamentals and tools for advanced quantitative arguments in the banking and insurance industry. Core content should include: [1] Mathematical basics (Repetition of algebraic transformations, logarithms, equations and inequalities, basics of set theory) [2] Introduction of linear algebra (matrics, linear equation systems) [3] Sequences and series, convergence, arithmetic and geometric sequences and series and whose application in financial questions [4] Graphics of data [5] Financial mathematics [6] Functions with one variabel (basiscs, characteristics, differential and integral calculus and whose application in economic questions) Optional content: [7]: Fucntions with more variabels (basiscs, characteristics, differential and integral calculus and whose application), rates of change, elasticities …

Quantitative basics 1 | Lecture/Practical (IL) | Coursecode: 190381103

Statistics & data analytics

3.00

ECTS

2.00

SWS

The aim of the course is to show the students basic terms of statistics and an introduction of the data analysis with digital analysis tools. Core content should include: [1] Basics of descriptive statistics [2] Frequencies, empirical distribution function [3] Measure of location [4] Empirical analysis and presentation of data [5] Basic terms of probability theory (probability calculations, mathematical laws, stochastic independence, conditional probability, sentence of total probability) [6] Random variables: Basic terms, description of the distribution, parameters of distribution [7] Special static distributions: Normal distribution, Lognormal distribution, X²-distribution, t-distribution, F-distribution [8] Analysis of random variables: Covariance and correlation, expected value and variance of a sum of random variables. [9] Limit theorem: Law of large numbers, central limit theorem

Accounting & Balancing | Lecture/Practical (IL) | Coursecode: 190381201

Balance sheet and balance sheet analysis

3.00

ECTS

2.00

SWS

The course teaches the legal basis of the annual financial statements, valuation regulations for assets and liabilities, annual financial statements, management report, annual financial statement audit.The objective of the course is that you can assess the economic situation of Austrian companies based on the (individual) annual financial statements The core contents include: [1] Accounting tools [2] Principles of proper accounting [3] Relationship between corporate and tax-based profit determination [4] Valuation principles [5] Basic individual items of the balance sheet: fixed assets, current assets, accured and deferred income, equity, provisions, liabilities [6] Income Statement: Structure, Basic individual Items During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

Accounting & Balancing | Lecture/Practical (IL) | Coursecode: 190381203

Bank-specific accounting

2.00

ECTS

1.00

SWS

The course covers a bank’s accounting, key financial statements, and students learn how to analyze annual reports from banks and interpret qualified financial statements. The core contents include: [1] Special features of accounting in banks [2] Legal basis [3] Principles for the annual accounts [4] BWG regulations on accounting [5] Bank audit [6] Significant income statement and balance sheet items in banks: bank-specific receivables and liabilities, securities, funds for general banking risks, additional core capital, liability reserve, interest income and expenses, risk factors, etc. [7] Management Report and Appendix [8] Publication regulations [9] Relevant accounting and valuation regulations according to UGB / BWG [10] Relevant accounting and valuation rules according to IFRS / IAS: [11] Group accounting [12] Bank-specific balance sheet ratios …

Accounting & Balancing | Lecture/Practical (IL) | Coursecode: 190381202

Insurance-specific accounting

2.00

ECTS

1.00

SWS

The core contents should include: [1] Special features of accounting in the VU [2] Legal basis [3] Principles for the annual accounts [4] VAG regulations on the annual and consolidated financial statements (valuation regulations, structure of the income statement and balance sheet) [5] Key profit and loss items (premiums, provisions, claims and insurance reserves, cover pool, equity) [6] Individual further balance sheet items [7] Publication regulations [8] IFRS – especially IFRS 9/17 [9] CaseStudy: Comparison of international financial statements (eg VIG, UNIQA, Allianz, AxA, Zurich, etc.)

Banking and insurance Operations | Lecture (VO) | Coursecode: 190381205

Banking

1.00

ECTS

1.00

SWS

The course deals with the structure and processes of the banking business and deals with particular aspects of the organization of banks: The core contents should include: [1] organizational structure [2] Business Models of Banks: Commercial Banking, Investment Banking, Retail Banking, Promotional Banks [3] Financial Conglomerates [4] Process organization (value chain) [5] Bank operations: functions of bank distribution, customer group definition, lending process; refinancing [6] Margin calculation: pool method, layer balance method, market interest method [7] Banking risks [8] New business models in banks / digitization [9] Islamic Banking

Banking and insurance Operations | Lecture (VO) | Coursecode: 190381204

Insurance Management

1.00

ECTS

1.00

SWS

The course deals with the structure and the processes of the insurance business and deals with special aspects of the organization of insurance: The core contents should include: [1] organizational structure [2] Legal forms of VU [3] Insurance groups [4] Process organization (value chain) [5] Sales of an insurance company (functions of insurance distribution, customer group definition, product policy, pricing policy, distribution channels, remuneration of distribution (commission systems), IDD) [6] Insurance business processes (inventory management, customer service, settlement, claims / performance) [7] New business models in insurance / digitization [8] Islamic Finance (Takaful)

Company specific basics | Lecture (VO) | Coursecode: 190381206

Business Law

2.00

ECTS

2.00

SWS

The course covers the fundamentals of corporate and company law: The core contents include: [1] Fundamentals of corporate law [2] Company Law [3] Ttransfer of undertakings [4] Representation [5] Financial reporting [6] Business-related transactions [7] Fundamentals of company law [8] Partnerships [9] Corporations [10] Mutual insurance company [11] Cooperatives [12] European law aspects of company law

Company specific basics | Lecture/Practical (IL) | Coursecode: 190381207

Management and Organisations

3.00

ECTS

2.00

SWS

Teaching and applying the theoretical foundations of the subject area management and organization with emphasis on the corporate structure and processes, the management principles and the interaction of these areas. The core contents include: [1] Organization: Structure, Process, Process Management, Six Sigma, forms [2] Management: function, roles, strategy [3] Leadership: Tasks, Leadership Guidelines [4] Motivation: Theories, Factors, organizational Change

Company specific basics | Lecture (VO) | Coursecode: 190381208

Microeconomics

3.00

ECTS

2.00

SWS

The course teaches the basics of microeconony. The core contents should include: [1] Prices and markets: nominal vs. real prices, market forms, market prices [2] supply and demand: supply and demand curves, elasticities, market balance [3] Consumer behavior: consumption, indifference curves, subsitution, budget constraints, marginal utility, preferences [4] Production: production functions of companies; Production functions of banks and insurance companies, marginal returns, marginal productivity, [5] Costs: importance of costs in production, marginal costs [6] Pricing and market power: monopolies, oligopolies, competition The course is completely held as a blended learning course to promote the digital skills of the participants and the flexibility of the time. The language of instruction is English.

Financial, banking and insurance products | Lecture/Practical (IL) | Coursecode: 190381210

Deepening insurance products

3.00

ECTS

1.50

SWS

The course covers products based on customer needs. The core contents include: [1] Life Insurance: Customer needs, product offering and ffunctioning, boundary insurance vs Investment products (comparison of different products, eg fund-linked insurance vs. fund investment) [2] Health Insurance: customer needs, benefits of private health insurance Vs. state offer, peculiarities of health insurancies in Austria [3] Insurance against loss or damage: Customer needs, boundary private vs. corporate business, product Overview [4] Accident Insurance: Customer needs, private accident insurance vs. government offer, product overview [5] Occupational provision: safeguarding the future, company guaranteed pensions, pension reinsurance [6] Reinsurance products: functionalities, business model , provider

Financial, banking and insurance products | Lecture/Practical (IL) | Coursecode: 190381209

Financial market instruments

3.00

ECTS

1.50

SWS

The course covers the fundamentals of financial markets and the instruments available there for financing and investment. The core contents include: [1] Financing forms and types of capital [2] Fundamentals of financial markets [3] Interest rate instruments: bonds, interest payment and repayment modalities, types and special forms of bonds, factors determining the value of bonds, risk assessment, bases of valuation [4] Equities: shareholder rights, stock types, stock markets and trading, key indicators of stocks, return and risk calculation [5] Investment funds: basics, characteristics, types,key indicators [6] Overview of other financing instruments: forward transactions and certificates During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

Personal Skills & English 2 | Lecture/Practical (IL) | Coursecode: 190381214

Business Engish in Finance

2.00

ECTS

1.00

SWS

In this lecture I want to learn and understand how to deal with the technical terms of business economics. The core contents of this course include: [1] General Business Engish & Basic Grammar Revision [2] Reading and writing business correspondence [3] Rollowing telephone conversations and discussions [4] Talking about business-related matters [5] Interpreting charts The language of instruction is English.

Personal Skills & English 2 | Practical (UE) | Coursecode: 190381213

Conflict Management & Mediation

1.00

ECTS

1.00

SWS

This course enables the students in the sense of a conflict- and personality-training to communicate constructively in conflicts and to intervene. The core contents include: [1] Negotiation and Intervention Techniques: Interaction Dynamics, Harvard Model [2] Diagnose and analyze conflicts [3] Conflict types, conflict processes and forms of conflict escalation [4] De-escalation, conflict settlement and mediation [5] Conflict resolution in organizations

Quantitative basics 2 | Lecture/Practical (IL) | Coursecode: 190381212

Higher Mathematics & Simulation

2.00

ECTS

1.00

SWS

The course covers topics of higher mathematics, the basics of modeling and simulation, and their application in computer-aided analysis tools (Excel, R, Python, etc.) The core contents include: [1] n-dimensional vector and matrix calculus [2] Fundamentals of optimization [3] Fundamentals of modeling [4] Monte Carlo methods for simulation [5] Bootstrap methods for simulation During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

Quantitative basics 2 | Lecture/Practical (IL) | Coursecode: 190381211

Quantitative Financial Analysis & Financial Information Systems

2.00

ECTS

1.00

SWS

The aim of the course is to create competences for dealing with financial information systems (Thomson Reuters, Bloomberg, etc.) and their contents The core contents should include: [1] Handling common financial information systems [2] Data acquisition and data quality verification [3] Data import into DataScience tools [4] Empirical data analysis [5] Use of Machine learning, artificial intelligence and GraphDBs During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

Controlling | Lecture/Practical (IL) | Coursecode: 190381307

Budgeting & Financial Reporting

3.00

ECTS

1.50

SWS

The course provides knowledge in the area of Financial budgeting & reporting. The core contents include: [1] Content, methods and process of budgeting [2] Types of Forecast [3] Planned cost and deviation analysis [4] Modern reporting and information systems [5] Reporting Principles During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

Controlling | Lecture/Practical (IL) | Coursecode: 190381306

IT-based cost accounting

3.00

ECTS

1.50

SWS

In this course, the students should understand the importance of cost accounting as an information system, get to know the methods of cost accounting and the determination of success and apply them to concrete, practical tasks. The core contents include: [1] Introduction to cost accounting as a subsystem of business accounting [2] Cost entry [3] Cost Allocation: Cost Element, Cost Center, Cost Object Controlling [4] Determination of success [5] Activity-Based Costing [6] Cost management tools [7] Application of cost accounting in IT systems During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

International economic system | Lecture (VO) | Coursecode: 190381303

Capital Market Law & Securities Law

2.00

ECTS

2.00

SWS

Participants of the course learn the basics of securities law as well as those of capital market law. The core contents include: [1] Debt law, membership law and property law securities [2] Trading and Transfer of Securities [3] IPOs, capital increases, bond issues [4] Preparation of issue prospectuses [5] Insider and market manipulation regulations [6] Issue of financial derivatives and investment funds

International economic system | Lecture/Practical (IL) | Coursecode: 190381302

International financial markets

4.00

ECTS

2.00

SWS

In the course the participants will get an overview of international financial markets, their functioning, connections and control mechanisms: The core contents include: [1] International economy [2] International Monetary System [3] Monetary policy in the euro area [4] Interest rates and interest rate structure [5] How Securities Exchanges Work [6] Construction and interpretation of indices for observation and analysis of markets During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

International economic system | Lecture (VO) | Coursecode: 190381301

Macroeconomics

3.00

ECTS

2.00

SWS

This course will cover the basics of macroeconomics as a basis for understanding the complex interdependencies of the international economic system: The core contents include: [1] National Accounts [2] Macroeconomic indicators [3] Economic context of the short and medium term (labor market, goods market, money and financial markets): IS-LM model and AS-AD model [4] National economic context of the long term [5] Economic policy: fiscal and monetary policy, structural policies The course is completely held as a blended learning course to promote the digital skills of the participants and the flexibility of the time. The language of instruction is English.

Marketing | Lecture/Practical (IL) | Coursecode: 190381309

Digital Marketing Strategies

3.00

ECTS

2.00

SWS

In this course basic knowledge of digital marketing is taught: The core contents include: [1] Instruments of multi-channel marketing [2] Content Creation [3] Analysis of customer segments [4] Customer loyalty strategies using digital channels [5] KPIs in digital marketing

Marketing | Lecture (VO) | Coursecode: 190381308

Marketing

3.00

ECTS

2.00

SWS

The course gives an introduction to the basics of marketing. The basic tasks of marketing in companies and marketing instruments are discussed. The core contents include: [1] Fundamentals of Marketing [2] Marketing Management [3] Buyer behavior [4] Market research [5] Market segmentation [6]Product policy [7] Pricing policy [8] Distribution Policy [9] Communication Policy The course is completely held as a blended learning course to promote the digital skills of the participants and the time flexibility.

Personal Skills & English 3 | Practical (UE) | Coursecode: 190381310

Presentation Techniques

2.00

ECTS

1.00

SWS

In this course students learn how to prepare and present content in a professional manner. The core contents of this course include: [1] Basics of presentation techniques [2] Know your audience, tailor your talk – best practices and experiences [3] Slide design [4] Handling and usgae of digital media and devices [5] Presentation techniques apart from PowerPoint (sketching, storytelling, prototyping, TED talk vs. technical / expert lecture) The language of instruction is English.

Personal Skills & English 3 | Seminar (SE) | Coursecode: 190381311

Scientific work

2.00

ECTS

1.00

SWS

The aim of this course is the acquisition of basic knowledge and skills required for the writing of scientific work. The seminar forms the basis for the writing of project and seminar papers in subsequent courses as well as for the bachelor thesis. The core contents include: [1] Literature research and finding sources [2] Overview of citation rules and how to deal with different sources [3] Requirements for scientific texts (Form, Content, Ethical Principles) [4] Scientific writing [5] Presentation and layout of scientific content

Special Banking and Insurance Law 1 | Lecture/Practical (IL) | Coursecode: 190381305

Banking Law: Deposit Business & Lending Business

3.00

ECTS

2.00

SWS

The course deals with central issues such as deposit business, lending and collateral law that can be assigned to banking law: The core contents include: [1] Regulatory framework of the banking business [2] Account and account management [3] Deposit business [4] Payment transactions [5] Types and structures of debt financing [6] Credit Agreements (CaseStudy) [7] Special Issues of Lending Business: Equity Replacement, Deposit Recovery, Borrower Change, Consumer Credit Agreement [8] Collateral: Lien, chattel mortgage, retention of title, cession, bail, guarantee, documentary Credit

Special Banking and Insurance Law 1 | Lecture (VO) | Coursecode: 190381304

Financial Market Supervision Law

2.00

ECTS

2.00

SWS

The course provides deepened knowledge of financial market supervisory law based on current problems. The core contents include: [1] Development of national and international financial market supervision [2] Organization and tasks of the Austrian Financial Market Authority [3] Banking Supervision Law [4] Insurance Supervision Law [5] Securities Supervision law [6] OGAW and management companies [7] Payment Institutes and E-Money Institutions [8] Topics of digitization and financial market supervision

Financial Consulting & Consumer Behavior | Lecture/Practical (IL) | Coursecode: 190381413

Behavioral Finance & Economics

2.00

ECTS

2.00

SWS

The course teaches the basics of behavioral economics for understanding human behavior in economic situations. The core contents include: [1] Introduction to behavioral economics with a focus on behavioral finance [2] Differentiation from neoclassical capital market theory [3] Expectation theory vs. VS. Prospect theory [4] Limited rationality in information perception, and processing [5] Human behavior patterns: herding, overconfidence, bubble fomration, historical bubbles [6] Findings of behavioral finance / economics and implications for the financial sector, especially with regard to customer communication: nudging The language of instruction is optional English.

Financial Consulting & Consumer Behavior | Lecture (VO) | Coursecode: 190381414

Consumer protection law

1.00

ECTS

1.00

SWS

The course provides knowledge about legal norms for the protection of consumers with regard to financial services. The core contents include: [1] Legal basis for consumer protection [2] Information requirements [3] Rights of withdrawal [4] Distance selling [5] Doorstep shops [6] Consumer Credit [7] Privacy The course is completely held as a blended learning course to promote the digital skills of the participants and the time flexibility.

Financial Consulting & Consumer Behavior | Lecture/Practical (IL) | Coursecode: 190381412

Financial Planning & Insurance Consulting

2.00

ECTS

1.50

SWS

The course teaches the fundamentals of financial planning and insurance consulting. The core contents include: [1] Fundamentals of financial planning [2] Analysis of pension gaps in old-age and health care [3] Development and application of tools to analyze financial and insurance customer needs [4] Creation of holistic financial planning concepts [5] Creation of holistic insurance concepts [6] Practical analysis of financial and insurance products in terms of their suitability to meet specific customer needs (eg costs)

Financial Management & Investment Analysis | Lecture/Practical (IL) | Coursecode: 190381401

Fixed Income Securities

3.00

ECTS

1.50

SWS

The course deepens the contents of the course Financial Market Instruments with a special focus on the valuation of bonds. The core contents include: [1] Valuation of bonds in the state of flat and non-flat yield curve [2] Yield-oriented assessment and yield curve [3] Price-based assessment [4] Immunization against changes in interest rates [5] Sensitivity measures and sensitivity analysis of bonds [6] Valuation of Special Bonds: Callable Bonds, Linked Notes, Floaters The digital competences of the participants will be promoted in the course through the application of the learned content in state of the art software (Excel, R, Python, etc).

Financial Management & Investment Analysis | Lecture/Practical (IL) | Coursecode: 190381402

Methods of business valuation

3.00

ECTS

1.50

SWS

The course deepens the contents of the course Financial Market Instruments, especially with regard to the valuation of shares. The core contents include: [1] Valuation of Equities with Income Value Methods [2] Valuation of shares using the DCF method [3] Valuation of shares using comparative value method (multipliers) [4] Overview of further evaluation methods [5] Relevant calculation interest rates in the business valuation [6] Relevant cash flows in the business valuation During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

Financial Management & Investment Analysis | Lecture/Practical (IL) | Coursecode: 190381403

Treasury & Cash Management

2.00

ECTS

1.00

SWS

The course covers the basics of money market instruments and their use in treasury, as well as cash management. The core contents include: [1] Instruments for use in treasury [2] Valuation of money market instruments [3] Cash Management and Liquidity Planning [4] Implementation of Cash Pool Structures in Industrial Enterprises [5] Cross-company netting, in-house banking and payment factory solutions [6] Design and implementation of treasury reporting [7] Treasury 4.0 During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

Financial Management & Investment Analysis 2 | Lecture/Practical (IL) | Coursecode: 190381404

Asset Management & Financial Market Theory

3.00

ECTS

2.00

SWS

The course deals with topics of asset management and financial market theory, in particular with regard to the allocation of assets in terms of efficient portfolios. The core contents include: [1] Portfolio theory and portfolio pptimization [2] Capital market theory (CAPM) [3] Security market line [4] Market model [4] Arbitrage price theory [5] Factors models During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

Financial Management & Investment Analysis 2 | Practical (UE) | Coursecode: 190381405

Econometrics & Financial Market Analysis

2.00

ECTS

1.00

SWS

The course introduces econometrics and its application using computerized analysis tools for the analysis of financial markets. The core contents include: [1] Statistical properties of financial market time series [2] Linear regression models [3] Estimation methods for regression models [4] Assumptions of regression models and their testing [5] Statistical evaluation of regression analyzes [6] Variable selection and model specifications [7] Introduction methods of applied time series analysis [8] Autocorrelation, heteroscedasticity, lag structures During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

Personal Skills & English 4 | Practical (UE) | Coursecode: 190381416

Meetings & Negotiation

2.00

ECTS

1.00

SWS

The aim of this course is to perfect professional communication in meetings and negotiations. The core content of the course includes: [1] Participating meetings [2] Taking minutes and writing reports [3] Preparing and chairing meetings [4] Behavioral and communiation styles [5] Negotian management [6] Awareness of the cross cultural aspects of International Meetings and Negotiations The language of instruction is English.

Personal Skills & English 4 | Practical (UE) | Coursecode: 190381415

Personality training: Advisory Skills

1.00

ECTS

1.00

SWS

The course conveys knowledge about consulting and communication techniques for customer discussions. The core contents include: [1] Interviewing techniques [2] Recognizing customer needs [3] Reflection, self-image, image of the other, role-consciousness [4] Negotiation techniques [5] Empathy in dialogue

Project Management & Practice Project | Lecture/Practical (IL) | Coursecode: 190381408

Project Management

3.00

ECTS

1.50

SWS

The course teaches the basics of project management, as well as techniques and tools for the organization and execution of projects. The core contents include: [1] General Basics: Standards, Processes, Process Models: Waterfall Vs. V-Modell vs. Agile PM, project types, project worthiness [2] Project Initiation: Definition, framework, way of working, business case, proof of concept, project proposal [3] Project Planning: Work breakdown structure, resource use, organization, risk management, configuration management, quality management, project manual / project management plan [4] Project implementation: conceptual design, requirements management, design synthesis, implementation, verification and acceptance tests, delivery [5] Project controlling: change control board, controlling meetings, controlling methods, project management measures, reporting, root cause analysis, project interruption and stop …

Tax law | Lecture/Practical (IL) | Coursecode: 190381407

Bank and insurance specific tax law

2.00

ECTS

1.00

SWS

The course provides knowledge in tax law, which are especially important for the banking and insurance industry. The core contents include: [1] Corporate tax for banks and insurance companies [2] Special taxes and charges for banks and insurance companies [3] VAT for products and services of banks and insurance companies [4] Insurance tax and other relevant taxes for insurance contracts [5] Special topics for financial service providers (eg .: real estate taxation, tax-free profit allowances) [6] Taxation of capital investments

Tax law | Lecture (VO) | Coursecode: 190381406

Tax Law Basics

2.00

ECTS

2.00

SWS

The course imparts practice-oriented basic knowledge of income tax, corporation tax and VAT law. The core contents include: [1] Basic tax terms [2] Income tax [3] Corporate Tax [4] Main features of international tax law [5] Value added tax [6] Tax Procedure Law

Project Management & Practice Project | Seminar (SE) | Coursecode: 190381409

Consulting, Customer Communication & Product Innovations

2.00

ECTS

1.00

SWS

During the courses the participants get an overview of current challenges and developments of the financial, banking and insurance industry with regard to consulting, customer communication and product innovations. The core contents of the course include guest lectures about: [1] Consulting: Banking and Insurance Industry on consultant perspective, data driven consulting [2] Recent product innovations in banking and insurance [3] Future trends in the banking and insurance industry [4] Customer communication in the digital age

Project Management & Practice Project | Seminar (SE) | Coursecode: 190381411

Data Analytics & Big Data

2.00

ECTS

1.00

SWS

During the courses participants will get an overview of current challenges and developments in the finance, banking and insurance industries in terms of data analytics and big data. The core contents of the course include guest lectures about: [1] Business Analytics [2] Pattern recognition, machine Learning & artificial intelligence in data analysis [3] Modern DataScience tools (eg Dataiku, GraphDB) [4] Big data in finance

Project Management & Practice Project | Seminar (SE) | Coursecode: 190381410

Digital Business in Finance (FinTec & InsureTec)

2.00

ECTS

1.00

SWS

During the courses participants will get an overview of current challenges and developments of the financial, banking and insurance industry with regard to digitization. The core contents of the course include guest lectures about: [1] Digital business models in the financial industry: FinTech [2] Digital business models in the insurance industry: InsureTech [3] Future technologies for the financial industry: Blockchain, DLT, smart contracts, artificial intelligence

Financial Market Ethics | Lecture/Practical (IL) | Coursecode: 190381509

Financial Market Ethics

2.00

ECTS

1.00

SWS

The course conveys fundamentals of ethics, especially for financial markets and its participants. The core contents include: [1] Fundamentals of ethics [2] Financial markets and rthics [3] Critical analysis of financial market participants and their clients in an ethical context [4] Trade and dpeculation: The rthics of financial market [5] Social and ethical banking [6] Ethical investments [7] Islamic finance

Fundamentals of Risk Management & Financial Engineering | Lecture/Practical (IL) | Coursecode: 190381507

Derivate & Financial Engineering

3.00

ECTS

1.50

SWS

The course covers the fundamentals of conditional and unconditional derivative financial instruments and their use in financial engineering. The core contents include: [1] Derivative financial instruments markets [2] Unconditional forward contracts: Fowards, Futures (Functionality, Use as Hedging Instrument, Basis of Valuation) [3] Conditional forward contracts: profit and loss profiles, option strategies, option price sensitivities [4] Evaluation of options [5] Financial Engineering During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

Fundamentals of Risk Management & Financial Engineering | Lecture/Practical (IL) | Coursecode: 190381508

Risk Management

3.00

ECTS

2.00

SWS

The course introduces risk management, in particular risk measurement and the use of derivative financial instruments for the management of market risks. The core contents include: [1] Introduction to risk management [2] Risk Management Process: Identification, Measurement, Control, Reporting [3] Risk types [4] Risk measurement: qualitative, quantitative (sensitivity measures, risk measures, especially value at risk and expected shortfall) [5] Risk control: control of market risks (hedging with options, hedging of currency and commodity price risks) [6] Risk reporting During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

Personal Skills & English 5 | Practical (UE) | Coursecode: 190381511

Personality training: analytical problem-solving competence

2.00

ECTS

1.00

SWS

The course enables the participants to solve complex problems in a structured and analytical way. The core contents include: [1] Working techniques for structured work [2] Problem solving procedures [3] Design rhinking [4] Structuring problems [5] Problem Analysis Tools and Frameworks: Cause and Effect Analysis, ABC Analysis, Logic Tree, Porter’s Five Forces, BCG Matrix, Ansoff Matrix, SWOT Analysis, 4 Cs, 5 Cs, Experience Curve Analysis, 2×2 Matrix, etc. [6] Visualization of problem solutions

Personal Skills & English 5 | Seminar (SE) | Coursecode: 190381510

Research seminar

1.00

ECTS

1.00

SWS

The aim of the research seminar is a deepened, independent controversy of scientific questions. This course serves as preparation for the bachelor thesis and any further research work or research projects. By applying concrete methods, students learn an entire research process and can independently develop and assess the possibilities and challenges of research projects in the future. The core contents include: [1] Topic choice [2] Definition of research question(s) [3] Selection of research design [4] Writing an Exposé on the chosen topic by the students [5] Feedback on the exposé by the lecturer [6] Requirements for scientific work

Practical project | Project Thesis (PA) | Coursecode: 190381501

Project from financial, banking or insurance industry

5.00

ECTS

1.50

SWS

As part of the course practical projects will be carried out on the topics Digital Business in Finance, Consulting, Customer Communication, Product Innovation, Data Analytics and Big Data.

Premium calculation in the insurance | Lecture/Practical (IL) | Coursecode: 190381504

Premium calculation in the insurance

5.00

ECTS

3.00

SWS

The course embraces the basics of premium calculation for property-casualty and life insurance as well as their legal framework conditions. The core contents include: [1] Fundamentals of calculation (principle of equivalence) [2] Premium calculation in life insurance: calculation bases, premium calculation, actuarial reserve, profit sharing systems [3] Premium calculation in health insurance: calculation bases, premium calculation, special features of health insurance [4] Premium calculation in property and casualty insurance: premium calculation models (supply vs. demand-driven pricing) / modern pricing techniques

Sales Management in the Financial Industry | Lecture (VO) | Coursecode: 190381503

Financial intermediaries law

2.00

ECTS

2.00

SWS

The course presents and discusses the legal norms and their implications for the banking and insurance industry. The core contents include: [1] Types and characteristics of financial intermediaries [2] Insurance Mediation Law: esp. IDD [3] Bank Mediation Law: esp. MIFID [4] Professional law [5] Liability of financial intermediaries [6] Legal framework for the remuneration [7] Good conduct rules

Sales Management in the Financial Industry | Lecture/Practical (IL) | Coursecode: 190381502

Sales controlling

3.00

ECTS

2.00

SWS

The core contents include: [1] Structure and types of sales organizations [2] Strategic development of sales targets based on revenue and cost targets [3] Sales planning and development of sales concepts [4] Key figures for sales controlling [5] Sales Income calculation: Measuring sales efficiency, controlling indirect Vs. direct (employed) distribution, compensation models for distribution in the banking and insurance industry. [6] Customer Success Calculation: Customer structure analysis, custome rvalue analysis, customer lifetime value, net promoter score [7] Product Profitability Analysis: product profitability, break-even analysis, price control [8] Business Analytics in Sales Management

Special Banking and Insurance Law 2 | Lecture (VO) | Coursecode: 190381506

Insolvency Law & Company Reorganization

1.00

ECTS

1.00

SWS

The course teaches the fundamentals of bankruptcy, equalization and rescission law and its influence on company reorganization. The core contents include: [1] Introduction and definition of insolvency [2] Bankruptcy reasons [3] Bankruptcy proceedings [4] Private bankruptcy [5] Duties of management and liability [6] Equity replacement law The course is completely held as a blended learning course to promote the digital skills of the participants and the time flexibility.

Special Banking and Insurance Law 2 | Lecture (VO) | Coursecode: 190381505

Insurance Contract Law

3.00

ECTS

3.00

SWS

The course conveys knowledge about the general and special part of Austrian insurance contract law. The core contents include: [1] Legal framework for insurance contracts [2] General conditions of insurance [3] Persons and conclusion of insurance contracts [4] Forms of insurance contracts [5] Duties of the policyholder [6] Obligations of insurance [7] Instructions for the whole non-life insurance, fire insurance and casualty insurance [8] Instructions for liability insurance [9] Instructions for accident insurance [10] Instructions for Life insurance The course is completely held as a blended learning course to promote the digital skills of the participants and the time flexibility.

Bachelor thesis | Bachelor's Thesis (BA) | Coursecode: 190381611

Bachelor thesis

9.00

ECTS

2.00

SWS

The students realise an independent research project and write an independent scientific bachelor thesis. The bachelor thesis will be presented to an examining board where the results have to be defended. The commission examination also consists of auditing talks on the areas of finance, banking and insurance.

Bachelor thesis | Modul/Final Examination (FA) | Coursecode: 190381612

Bachelor's examination

2.00

ECTS

1.00

SWS

The board examination is carried out in accordance with the requirements for final examinations at FH Bachelor’s degree programmes pursuant to FHStG as amended.

Bachelor thesis | Seminar (SE) | Coursecode: 190381610

Seminar for the bachelor thesis

2.00

ECTS

1.00

SWS

The aim of the seminar is to support the exchange between students and supervisors in a continuous feedback process and thus to ensure the quality of the bachelor theses as well as to clarify the scientific requirements of final theses. As part of this course the students present the research progress of their bachelor thesis according to scientific standards. They learn to give and accept constructive feedback and to include this feedback as part of further research work.

Basics of Controlling Banks and Insurance Companies | Lecture/Practical (IL) | Coursecode: 190381605

Asset Liability Managmenet in Insurance Companies

2.00

ECTS

1.00

SWS

The course teaches basic knowledge of asset-liability management with a special focus on insurance. The core contents include: [1] Special features of capital investment in the insurance sector [2] Understanding the maturity structure of insurance transactions [3] Asset-liability management instruments (CF Matching, Duration Matching, Yield / Risk Optimization, etc.) [4] Liability-driven asset management [5] Legal bases and appropriate asset classes for insurance companies [6] Overview of the current asset allocation in Austria [7] Use of appropriate portfolio management concepts [8] Comparison Active – vs. Passive investment approach in the insurance company [9] Significance of interest rate curves for insurance companies (models of the interest structure curve – simulation) [10] Stochastic asset management – presentation of the minimum guaranteed yield in a stochastic simulation

Basics of Controlling Banks and Insurance Companies | Practical (UE) | Coursecode: 190381608

Business Simulation Bank

2.00

ECTS

1.50

SWS

The aim of the course is the networking of business theory and operational practice. In a computer-aided business simulation, the students assume the role of the board of a bank and make important strategic and operational decisions. In doing so, the participants acquire the following skills: [1] Recognizing the key factors for economic success in banks [2] Identification and application of different refinancing options [3] Management of different business areas of a bank in a realistic competitive environment [4] Learn the business contexts in a financial institution [5] Defining and pursuing goals and strategies in a dynamic competitive environment [6] Understanding of economic “numerical data” and making practice-related decisions in a team …

Basics of Controlling Banks and Insurance Companies | Practical (UE) | Coursecode: 190381607

Business Simulation Insurance

2.00

ECTS

1.50

SWS

The aim of the course is to understand the interdependencies of decisions in different areas of an insurance company at board level. In a computer-aided company simulation, the students assume the role of the board of insurance and make important strategic and operational decisions. In doing so, the participants acquire the following skills: [1] Understand the overall control of insurance [2] Are aware of the links between the entire insurance technology for various insurance products (liability-, legal- and accident insurance) [3] Learning to make management-oriented decisions in an insurance (taking into account a competitive situation) [4] Understand the importance of investing in the insurance business [5] Are aware of the importance of reinsurance within the overall control of insurance [6] Understand the importance of macroeconomic development for the respective insurance company or for entire insurance industry

Basics of Controlling Banks and Insurance Companies | Lecture/Practical (IL) | Coursecode: 190381606

Overall Bank Management

2.00

ECTS

1.00

SWS

The course gives an introduction to the overall bank management, key figures and regulatory framework The core contents include: [1] Framework conditions for the overall bank management [2] Overall Bank risk control: ICAAP [3] Capital requirements: regulatory and economic [4] Control of the balance sheet structure [5] Key figures of the overall bank management [6] Contribution margin calculation and its components: market interest method, condition and structural contribution [7] Strategic overall bank alignment

Human Resource Management | Lecture/Practical (IL) | Coursecode: 190381603

Human Resource Management

2.00

ECTS

2.00

SWS

The course Human Resource Management teaches basic skills in human resources. Aspects of the company culture, the prozess of personnel selection and acceptance, performance evaluation, employee leadership, personnel development and HR goals are discussed. The core contents include: [1] Importance of HR in the company [2] HRM and corporate strategy [3] Staff controlling [4] Future Challenges for HRM [5] Employer Attractiveness / Employer Branding [6] Change Management and Corporate Culture [7] Leadership Development

Human Resource Management | Lecture (VO) | Coursecode: 190381604

Labor and Social Law

2.00

ECTS

2.00

SWS

The course gives an introduction to the Austrian labor and social law in the form of a compact overall presentation with special consideration of peculiarities in the banking and insurance industry. The core contents include: [1] Legal bases of labor and social law [2] Employment contract law [3] Employee protection law [4] Collective agreement law [5] Works constitution law [6] Right to strike

Personal Skills & English 6 | Practical (UE) | Coursecode: 190381609

Excursion

1.00

ECTS

1.00

SWS

The course includes a practical excursion to companies / institutions of the finance, banking and insurance industry in Austria or abroad.

Risk Management in Banking and Insurance | Lecture/Practical (IL) | Coursecode: 190381601

Risk Management Insurance Companies

2.00

ECTS

1.50

SWS

The course deals with risk measurement and risk management in an insurance company. The core contents include: [1] Legal foundations (VAG 2016; Solvency II; Foundations / History; Structure / Pillars) [2] Quantitative risk fanagement (Solvency II – Pillar I) [3] Standard formulas for assessing risks [4] Counterparty default risk [5] Actuarial risks [6] Operational risks [7] Aggregation mechanisms [8] Qualitative risk management (Solvency II – Pillar II) (Regulatory review, ORSA; Governance; Compliance) [9] Stress tests [10] Risk and solvency reporting (Solvency II – Pillar III) (QRT; SFCR) During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).

Risk Management in Banking and Insurance | Lecture/Practical (IL) | Coursecode: 190381602

Risk Management in Banking

2.00

ECTS

1.50

SWS

The course deals with risk measurement and risk management in a bank, whereby the focus is on the core business “credit”. The core contents include: [1] Legal basis for risk management in banks [2] Liquidity risk: ILAAP, LCR, NSFR [3] Credit risk: risk premium, credit risk models, ratings, acc. Basel III [4] Interest rate risk: BIS and EBA Guidlines [4] Operational risks [5] Stress tests in banks During the course, the digital skills of the participants will be promoted through the application of the learned content in state of the art software (Excel, R, Python, etc).