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Bachelor's Degree in Finance & Management

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Finance and Management (B.Sc.) Bachelor's Degree in Germany

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Why you should study finance and management? Executives for the financial world

Do you have a passion for numbers? The “Finance and Management” (Bachelor of Science) course is a bachelor’s degree in business administration with a focus on finance. As a Finance Manager you will later take on a key position in companies and will be responsible for money management. Due to their high affinity for analytical processes, graduates of this study programme are predestined for career entry to classic companies in the financial sector, such as banks, insurance companies and the stock exchange.

Career advantage through specialisation

From the third to the sixth semester, you will acquire specialist knowledge about financial interrelationships and processes. The curriculum focuses on topics such as models of capital market theory, the presentation of financial instruments and the relationship between the risk and return of financial investments. Rounded off by practical experience from the semester abroad and the Business Project, you will gain expertise to take on challenging tasks in the national and international financial sector.

  • ECTS 180
  • Semester 6
  • Language English
  • Type of Study Full-time
  • Degree Bachelor of Science
  • Campus Cologne
  • Internship Integrated
  • Semester Abroad Integrated
  • Start of Studies Cologne Winter
  • Study Fees Cologne* 5.370 €
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Study Course Plan

Some information about the study plan for the study programme Bachelors in Finance & Management:

General business teaching units

Business Operations3 ECTS ? !
  • Introduction: Basic business, economic, and market principles and key terms

  • External Business Environment

  • Global Markets

  • Competitive Environment

  • Internal Environment

  • Management, Leadership & Motivation

  • Business Function: HR, Operations, Marketing, Finance & Accounting

  • Entrepreneurship

  • Business Ethics and CSR

  • Emerging Business Trends

Business Law3 ECTS ? !
  • Survey on different legal systems and the harmonizing effect of EU Law

  • Concluding a contract

  • Different types of contracts and their typical features

  • Performance and obligations

  • Solving problems (e.g. failure to perform, liabilities)

  • Safeguarding creditors’ rights

  • Forms of business organizations

Financial Mathematics3 ECTS ? !
  • Introduction to functions, graphs and interpretations

  • Understanding Derivatives

  • Applications of Derivatives

  • Understanding Differential Equations

  • Applications of Differential Equations

  • Understanding Logarithms

  • Applications of Logarithms

Business Statistics3 ECTS ? !
  • Introducing data and statistics

  • Descriptive statistics and exploratory data analysis

  • Introduction to probability theory

  • Discrete and continuous probability distributions

  • Sampling and sampling distributions

  • Hypothesis development and testing

  • Simple linear regressions

Financial Accounting3 ECTS ? !
  • The purpose of accounting

  • Formal rules and assumptions, national law, IFRS, US-GAAP

  • The system of financial statements and accounts

  • Accounting for services and merchandising

  • Inventory valuation

  • Receivables

  • Plant, natural and intangible assets

  • Liabilities

  • Owner’s equity of corporations

  • Value-added tax

Applied Financial Accounting3 ECTS ? !
  • The purpose of accounting

  • Formal rules and assumptions, national law, IFRS, US-GAAP

  • The system of financial statements and accounts

  • Accounting for services and merchandising

  • Inventory valuation

  • Receivables

  • Plant, natural and intangible assets

  • Liabilities

  • Owner’s equity of corporations

  • Value-added tax

Programme specific teaching units

Marketing3 ECTS ? !
  • Marketing Definition and Process

  • Marketing in Context of Corporate Strategies

  • Internal Analysis and Marketing Environment (Micro)

  • Marketing Environment (Macro)

  • Consumer Buying Behaviour

  • Market Segmentation

  • Strategic Brand Management

  • Marketing Instruments (Product, Price Place, Promotion)

  • Marketing and Sustainability

Human Resource Management3 ECTS ? !
  • Recruitment and Attraction

  • HR Planning, Controlling & Instruments

  • Training and Employee Development

  • Motivation and Leadership

  • Compensation and Benefits

  • Performance Appraisal and Management

  • Certificate of employment

  • HR Ethics

  • Trends in HRM

Interdisciplinary competencies

Foreign Language2 ECTS ? !

Depending on the student‘s choice, language courses are offered, for example, in English, Spanish or French. If you choose the English­-Only track, the lessons will focus on the intensive development of your English skills.

Business English2 ECTS ? !

The aim of this course is to solidify the students’ existing language competencies, as independent users of English, and to enable them to apply this to their studies, focusing on educational and business domains. Since English is the medium of instruction in their respective study programmes, students are expected to reach a proficient user level in English within the first year.

*Instead of Business English, German as a foreign language is offered as an obligatory course for Non-native German speakers.

Personal Skills2 ECTS ? !

In courses such as Rhetoric and Presentation or Business and Society your social and leadership skills are trained. In addition to various compulsory courses, there are optional subjects where you can choose which of your competences should be particularly strengthened.

General business teaching units

Microeconomics3 ECTS ? !
  • Introduction into microeconomic models

  • Consumer theory

  • The theory of the firm

  • Competitive markets

  • Market failure

  • Market power and monopoly

  • Oligopoly and monopolistic competition

  • Externalities

  • Asymmetric information

  • Introduction to game theory

Applied Microeconomics3 ECTS ? !
  • Introduction into microeconomic models

  • Consumer theory

  • The theory of the firm

  • Competitive markets

  • Market failure:

  • Market power and monopoly

  • Oligopoly and monopolistic competition

  • Externalities

  • Asymmetric information

  • Introduction to game theory

Market Research3 ECTS ? !
  • Introduction to Market Research

  • Defining the marketing research problem and developing an approach

  • Research design

  • Secondary Data

  • Qualitative research

  • Quantitative research

  • Scaling and sampling

  • Fieldwork and Data preparation

  • Basic data analysis (how to use it)

  • Report preparation and presentation

Programme specific teaching units

Cost Accounting3 ECTS ? !
  • Rationales of cost accounting

  • Simplistic methods of overhead allocation

  • Job costing

  • Process costing

  • Activity-based costing

  • Overcapacity costing

  • Joint product costing

  • Overhead analysis sheet

  • Concepts of relevant cost and revenue

  • Budgeting

International Financial Reporting Standards6 ECTS ? !
  • Organisation of the IASB

  • Conceptual framework of the IASB

  • Current projects of the IASB

  • The financial reporting environment, presentation of financial statements

  • Special problems to do with revenue recognition

  • Special problems to do with recognition and measurement of financial instruments

  • Accounting for lease in accordance with IFRS

  • Special questions of accounting for tangible assets in accordance with IFRS

  • Special questions of accounting for intangible assets in accordance with IFRS

  • Special questions of accounting for intangible assets in accordance with IFRS

  • Consolidation of intercompany results

Introduction to Finance6 ECTS ? !
  • Finance: Goals, Functions and Environment

  • Financial analysis and Financial Forecasting

  • Managing Working Capital

  • Sources of Short-Term Financing

  • Capital Markets and Investment Banking

  • External financing resources: Debt capital

  • External financing resources: Equity capital

  • Capital Budgeting: The Time Value of Money

  • Capital structure and the Cost of Capital

Interdisciplinary competencies

Business English2 ECTS ? !

The aim of this course is to solidify the students’ existing language competencies, as independent users of English, and to enable them to apply this to their studies, focusing on educational and business domains. Since English is the medium of instruction in their respective study programmes, students are expected to reach a proficient user level in English within the first year.

*Instead of Business English, German as a foreign language is offered as an obligatory course for Non-native German speakers.

Foreign Language2 ECTS ? !

Depending on the student‘s choice, language courses are offered, for example, in English, Spanish or French. If you choose the English­-Only track, the lessons will focus on the intensive development of your English skills.

Personal Skills2 ECTS ? !

In courses such as Rhetoric and Presentation or Business and Society your social and leadership skills are trained. In addition to various compulsory courses, there are optional subjects where you can choose which of your competences should be particularly strengthened.

General business teaching units

Macroeconomics3 ECTS ? !
  • Indicators: Gross Domestic Product and its major components, Inflation

  • Labour Markets and unemployment

  • The classical AS-AD model

  • Keynes’ IS-LM Model

  • The basic RBC model

  • Monetary Policy

  • Fiscal Policy

Applied Macroeconomics3 ECTS ? !
  • Indicators: Gross Domestic Product and its major components, Inflation

  • Labour Markets and unemployment

  • The classical AS-AD model

  • Keynes’ IS-LM Model

  • The basic RBC model

  • Monetary Policy

  • Fiscal Policy

International Management3 ECTS ? !
  • Determinants & dimensions of culture in business

  • Culture & styles of management

  • Culture & corporate structures

  • Culture & leadership

  • Culture & corporate strategy

  • Cultural change in organisations

  • Culture and international marketing management

  • Cultural diversity in organisations

  • Business communication across culture & barriers to intercultural communication

  • Working with international teams

  • Conflicts & cultural differences

  • Developing intercultural communicative competence

Digital Management3 ECTS ? !
  • Global competition and the transnational corporation in the global economy

  • Emerging markets

  • Institutions governing competition

  • Formal and informal institutions

  • Organizational designs for multinational companies

  • Location-based aspects: Competitive advantages of countries

  • Organization, local adaptation and the need for standardization

  • New approaches in International Management (Born Global, QRC, …)

  • Networks and innovation

  • Managing people in multinational enterprises

  • Managing expatriates

  • Leadership and management behaviour in multinational companies

Programme specific teaching units

Financial Markets & Institutions3 ECTS ? !
  • Role of Underwriters

  • Understanding Money Markets

  • Introduction to Foreign Exchange

  • Introduction to Bond Markets

  • Introduction to Equity Markets

  • Central Banks and Regulatory Authorities

  • Outlook to the further development of International Financial Markets

Financial Instruments3 ECTS ? !
  • Overview of various types of fixed income securities, valuation of fixed income securities, understanding bond ratings, securitisation and asset backed securities, risks associated with investing in bonds, understanding yield spreads, interpreting the yield curve, Spot rates and Forward rates, measurement of interest rate risk, bond portfolio management strategies

  • Derivatives instruments; Futures and forwards, option payoffs and options strategies, option valuation techniques

Financial Reporting & Analysis3 ECTS ? !
  • Key components of a set of domestic and foreign financial statements

  • Techniques of financial analysis (Ratio Analysis, Accounting Analysis, Cash Flow Analysis)

  • Estimating Weighted Average Cost of Capital

  • Computing Free Cash Flows and Interpreting Earnings

  • Valuation

Integrative Case Study3 ECTS ? !
  • Guide and Strategic Plan to Case study analysis

  • Writing a proper case study analysis report

  • In-depth Case Study Analysis with focus on Financial Management

  • Solving of interdisciplinary case studies with a focus on digital management

Interdisciplinary competencies

Foreign Language4 ECTS ? !

Depending on the student‘s choice, language courses are offered, for example, in English, Spanish or French. If you choose the English­-Only track, the lessons will focus on the intensive development of your English skills.

Personal Skills2 ECTS ? !

In courses such as Rhetoric and Presentation or Business and Society your social and leadership skills are trained. In addition to various compulsory courses, there are optional subjects where you can choose which of your competences should be particularly strengthened.

Programme specific teaching units

Corporate Tax3 ECTS ? !

The overall aim of this module is to introduce students to the basic concepts of corporate taxation, especially the different types of taxes, transparent and intransparent entities and the value added tax.

Applied Corporate Tax3 ECTS ? !
  • Corporate Tax

  • Taxation of corporations/ enterprises in Germany

  • Type of taxes

  • Tax transparent and intransparent entities

  • Corporate income tax / trade tax

Concepts of Value & Risk3 ECTS ? !
  • Introduction: Financial decision making and law of one price

  • Interest rates and quotes

  • Investment decision rules

  • Fundamentals of capital budgeting

  • Capital markets and the risk of pricing

  • Optimal portfolio choice and CAPM

  • Estimating the cost of capital

  • Capital structure in perfect capital markets

  • Financial Distress and restructuring

Applied Financial Management3 ECTS ? !
  • Objectives of financial decision making

  • Investment principle – risk and return

  • Estimation challenges

  • Capital structure trade-offs

  • Finding the right financing mix

  • Timing and financing choices

  • Sustainability and ethics in finance

Capital Budgeting3 ECTS ? !
  • Cost reduction decisions

  • Expansion decisions

  • Equipment selection decisions

  • Lease or buy decisions

  • Equipment replacement decisions

Econometrics3 ECTS ? !
  • The Nature of Econometrics

  • The Simple Regression Model

  • Multiple Regression Analysis: Estimation

  • Multiple Regression Analysis: Hypothesis Testing and Confidence Intervals

  • Multiple Regression Analysis: Categorical variables and further issues

  • Heteroskedasticity , multicollinearity, omitted variables

Elective area

Business Project6 ECTS ? !

The overall objective of this course is to provide students with possibility of applying their business knowledge on concrete business situation (real or scenario-based), related to the field of their specialization. By the end of the module students should be able to:

  • Define project goals for the “client”.

  • Work under the set timeframe and agreed project scope.

  • Cooperate in the international project teams.

  • Plan and conduct secondary and primary research to gather necessary information: understand which information is needed and where to look for it.

  • Conduct analysis of the “client business”: be able to understand the researched information in a wider context.

  • Evaluate markets/ industries/ competitive landscapes.

  • Develop possible strategic directions for the “client” business.

  • Formulate recommendations

Interdisciplinary competencies

Foreign Language4 ECTS ? !

Depending on the student‘s choice, language courses are offered, for example, in English, Spanish or French. If you choose the English­-Only track, the lessons will focus on the intensive development of your English skills.

Personal Skills2 ECTS ? !

In courses such as Rhetoric and Presentation or Business and Society your social and leadership skills are trained. In addition to various compulsory courses, there are optional subjects where you can choose which of your competences should be particularly strengthened.

Semester Abroad

Semester Abroad25 ECTS ? !

You will spend the fifth semester at one of our numerous partner universities abroad. Our International Office supports you in the selection & application process and coordinates the courses to be taken abroad with you in advance.

Programme specific teaching units

Bachelor Thesis12 ECTS ? !

During your 6th semester you are working on your Bachelor thesis. You have 12 weeks to complete your thesis and the subject is freely selectible. A supervisor from CBS will support you and you can write the thesis in collaboration with a company as well.

Bachelor Thesis Tutorial1 ECTS ? !

During the Bachelor Thesis Tutorial you will learn the fundamentals for your Bachelor thesis: Defining the topic as well as structuring the thesis and you will learn the theoretical knowledge for scientific working.

Ethical Aspects of Finance3 ECTS ? !

This course focuses on basic ethical concepts and how they might be applied in the world of Financial Management. The course starts with four basic questions:

  • What is ethical behaviour?” – “Why is Business Ethics important for Financial Management?

  • What has been done so far to integrate Business Ethics into Financial Management? and –

  • What can be done to integrate Business Ethics into Financial Management more effectively in the future?

On the basis of these questions several instruments and projects in Financial Management will be studied, discussed and analysed.

Strategic Management in Banking & Finance3 ECTS ? !

The course on Strategic Banking and finance examines how banking institutions act in the financial markets (such as those for credit, investments, bonds, stocks, foreign exchange). It covers important topics in bank management ranging from foreign exchange markets, derivatives, country risk analysis, and asset-liability management to banking strategies. It provides theoretical and practical education to help students conduct complex business activities in the area of corporate finance and international financial management. After completing the course the student will be able to:

  • Describe the functions of commercial banking institutions as well as other financial service providers such as investment banking firms, security brokers and dealers, insurance companies and other non-depository organizations.

  • Explain how commercial banks operate.

  • Describe the importance of risk management in their operations, including how they compete in the market place with other financial service providers.

  • Analyze financial institutions in terms of risk identification, risk measurement and control and the effect of risk on profitability and growth.

  • Learn the basics of financial institution management, including: analysis of their financial statements; asset and liability management; capital management; product development; and strategic and profit planning processes.

  • Understand why a balance must be achieved among liquidity, risk assumption, and profitability.

Business Simulation Game4 ECTS ? !

In a business simulation game participants have to manage their own virtual company which operates in the same market as other participant-operated competitors. This involves making typical management decisions in realistic environments. Beside the deepening and active examination of subject-specific knowledge the simulation games also include the team environment, where interaction, communication and prioritization are of paramount importance. Participants learn how to manage risk and uncertainty while time is limited and information constrained. Group-reflections help to take over different perspectives and to discuss pros and cons of content- as well as behaviour-related actions.

Interdisciplinary competencies

Personal Skills2 ECTS ? !

In courses such as Rhetoric and Presentation or Business and Society your social and leadership skills are trained. In addition to various compulsory courses, there are optional subjects where you can choose which of your competences should be particularly strengthened.

bachelor-finance-and-management-student

Finance manager for the international arena

The global financial crisis has impressively demonstrated how globally networked and highly complex the financial world is today. Anyone who wants to work safely in this arena must learn to keep pace with the industry: FinTechs have given the banking world new impulses and replaced traditional financial services with digital solutions within a very short time. Transactions on international stock exchanges therefore only take a few milliseconds. The “Finance and Management” degree (Bachelor of Science) prepares you optimally for a career in the international business world. In addition to your financial education, you will take part in foreign language and business skills training.

Specialists for the global economy

In the international financial sector, corporate growth is often achieved through takeovers or mergers. Whether to enter the market or to open up new business areas – companies need financial experts with the necessary feeling for negotiations to ensure smooth operations. As part of your bachelor’s degree, you will learn how to evaluate key financial figures and check the financial and earnings position. These skills make you the first contact person for transaction decisions with your future employer.

What are you waiting for?

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Networking at the CBS Campus

With your bachelor’s degree, you will not only lay the foundation for your professional career, but also for your career network. The student initiative CBS Finance and Business Club is the first point of contact for students interested in financial and investment topics. The club members strive for a close exchange with well-known industry representatives who give guest lectures at the CBS Campus several times a semester. Excursions to stock exchanges or general meetings are also offered regularly.

What are the career opportunities with a finance degree?

A bachelor’s degree in “Finance and Management” (Bachelor of Science) qualifies you for attractive management positions in business and finance. With your theoretical and practical industry know-how, your excellent knowledge of English as well as your presentation and rhetoric skills, you will have an optimal competence profile for the job market.

Practical experience, soft & intercultural skills trainings prepare you for the job market

Several practical phases are integrated into the curriculum so that you can optimally prepare yourself for the job market and get to know various aspects of different industries during your studies. For example, you will complete an eight-week internship during your lecture-free period and work on complex issues in a joint business project with corporate partners. Our Business Simulation Game also offers you the chance to apply your knowledge in practice. Our Career Service supports you in finding an exciting internship in Germany or abroad with a renowned company!

In addition, our soft skills courses teach you how to lead teams and communicate effectively with your fellow students at all levels of the hierarchy. Whether in a job interview or at an important final presentation - a confident appearance is the sum of your experience and targeted training in which you can improve your skills. with convincing charisma and rhetoric, you will always be successful in your working life.

In addition to these practical insights, you will strengthen your intercultural skills during your semester abroad. As CBS has a large network of partner universities, you can spend your semester abroad at one of over 120 universities all over the world. The International Office staff will assist you with your choice and the whole application process.

NEED MORE REASONS? FIND OUT WHY CBS IS THE RIGHT CHOICE FOR YOU

  • INTERNATIONAL

  • PRACTICE ORIENTED

  • ACCREDITED

  • PERSONAL

WHY CBS?

Download a brochure & learn more about us

Would you like to learn more about our Bachelor's and Master's programmes at home in peace? Download the CBS brochure for an in-depth look at our business study programmes.  

We hope that you enjoy getting to know more about our school, study programmes and what we stand for. Follow us on Instagram & Facebook, get to know us at one of our Information Events, or Contact our student advisors to get more info.

Anika Zaeske

Anika Zaeske

Study advisory: Campus Cologne
Got any questions? We are happy to help!

Phone: +49 (0) 221 93 18 09-31
WhatsApp: Reach us on WhatsApp
E-Mail: study@cbs.de
Mirjam Zimmermann

Mirjam Zimmermann

Study advisory: Campus Mainz
Got any questions? We are happy to help!

Phone: +49 (0) 6131 88055 31
WhatsApp: Reach us on WhatsApp
E-Mail: study@cbs.de
Katharina Ging

Katharina Ging

Study advisory: Campus Potsdam
Got any questions? We are happy to help!

Phone: +49 (0) 221 93 18 09-31
WhatsApp: Reach us on WhatsApp
E-Mail: study@cbs.de
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