Prof. Dr. Matthias Meyer
Information provided by cost accounting is crucial for making rational decisions and controlling activities. Therefore, it is fundamental for understanding management in modern corporations. The course offers a comprehensive introduction to the basics of cost accounting. More precisely, it will provide an overview of essential concepts and tools of cost accounting. Students’ understanding will be deepened by giving practical examples.
Prof. Dr. Rolf Uwe Fülbier
This course provides a comprehensive introduction to financial accounting and reporting. Accounting techniques, the legal environment for accounting in Europe and Germany, the institutional and conceptual framework of accounting and, finally, accounting for specific issues such as intangibles, inventories or financial instruments are explored in this course. Participants should gain a deeper knowledge about the corporate communication process expressed in financial statements. Aspects of financial statement analysis are also discussed to understand the impact of financial data on firm contract partners.
Prof. Dr. Peter Witt
The course takes a general manager’s perspective on how to run a company successfully. It makes participants familiar with the major tasks of a general manager. One particular focus is on strategic analysis and the formulation of appropriate strategies. The course introduces institutional economics as a simple, yet useful theoretical foundation for several challenges of general management. Participants get to know fundamental principles of organization and decision making in companies. The course also investigates the most important functional areas of general management, i.e. formulating corporate strategies, making investment decisions, and new product creation.
Prof. Dr. Alexander Wulf
Microeconomic theory aims to explain the decision-making of individuals in a world of scarce resources. It derives implications which help us understand the functioning of markets and the development of social organizations such as firms and governmental institutions. In the first part of this course we introduce the basic analytical tools and theories of microeconomics. The second part then analyzes market structures and the nature of competition. Throughout the course examples from law are used to illustrate the application of microeconomic theory to real world problems.