Bachelor's Degree in Finance & Management

REQUEST A BROCHURE

>1000

Corporate partners

>180

Partner universities

4000

Students

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

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.

Finance & Management at a Glance

ECTS 180
Semester 6
Language English
Type of Study Full-time
Degree Bachelor of Science
Campus Cologne | Mainz
Internship Integrated
Semester Abroad Integrated

Start of Studies Winter Cologne | Mainz
Study Fees Cologne* 5.370 €

*The displayed prices are semester fees. For non-EU students' fees please check the tuition fees information page. Status: March 2021.

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

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

Programme specific teaching units

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

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.

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

Foreign Language2 ECTS

Personal Skills2 ECTS

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

Personal Skills2 ECTS

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

Personal Skills2 ECTS

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

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?

APPLY NOW

Join one of our virtual info sessions and get to know the CBS

Virtual

Virtual Student Life in Germany Event

18. April 2023 | 16:00 - 17:30

Virtual

Online Information Session Bachelor's

24. April 2023 | 16:00 - 17:00

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.

Take your next step

Study Advisory

Trial Lectures

Financial Aid

Admission Process

Online Application

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

INTERNATIONAL
PRACTICE ORIENTED
ACCREDITED
PERSONAL

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

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

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

Ida Möhrke

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

Phone:	+49 (0) 178 57 61 749
WhatsApp:	Reach us on WhatsApp
E-Mail:	study@cbs.de

Elsa Chumakova

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

Phone:	+49 (0) 2232 5673-423
WhatsApp:	Reach us on WhatsApp
E-Mail:	study@cbs.de

Anastasia Makarenko

Study advisory: Campus Düsseldorf/Neuss & Solingen
Got any questions? We are happy to help!

Phone:	+49 (0) 2131/40306-726
WhatsApp:	Reach us on WhatsApp
E-Mail:	study@cbs.de

This is What Our Students Say

Philip Kollmann

Project Manager
Wayne´s Coffee

"Especially the soft skill courses have been of great help for my performance in job interviews. Through my work in the Finance and Business Club I have built up a broad network and acquired project management skills that have enabled me to score points with companies."

Oliver Kiderle

EMEA Regional Product Expert
Google Inc.

"The focus on internationality and practical skills have had a very positive influence on my development at Google. Especially the structured and very versatile project work, which is often found at a private school, was extremely helpful."

Katrin Rieger

Bereichsdirektorin Reisevertrieb Deutschland / Vice President Sales
HanseMerkur Krankenversicherung

"The practical learning in small groups prepared me optimally for today's project and team work. The CBS provided me with the decisive soft skills and current knowledge from the world of business."

Kalle Kenkel

Commercial Excellence Manager
GE Healthcare

"My studies at CBS prepared me for a career in today's dynamic, global work environment. As one's origin and physical location become less and less decisive, it has become increasingly important to have a multinational network and adapt quickly to various cultures and environments."

Neil Jordaan

Global Digital Content Manager
Elanco

"Many professors shared their professional business experience with us in class and were able to illustrate dry theory with practical examples. I also enjoyed the international atmosphere on campus."

Christopher Rosenbaum

Manager
Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft

"The Management Studies programme prepares you thoroughly for the tasks of a consultant. In particular, the development of presentation techniques as well as analytical thinking is of enormous importance in the everyday life of a consultant."

Britta Jansen

HR Business Partner
HRS Group

"The CBS is an internationally oriented and very practically orientated university which prepared me very well for the professional world through the compulsory internship, the courses offered and the required project/group work."

Patrick Stein

Head of Human Resources
Boston Consulting Group

"The strongly practice-oriented studies and the international orientation of the CBS, as well as the lectures held in English, were an absolutely necessary basis for starting a career with a renowned, international company."

These undergraduate study programmes could also interest you:

What should I study?

Business Psychology

International Business

Int. Tourism Management

Wirtschaftspsychologie

Betriebswirtschaft & Management

CHECK OUT OUR UNDERGRADUATE PROGRAMMES

Write us on WhatsApp

Bachelor's Degree in Finance & Management

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

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

Career advantage through specialisation

Finance & Management at a Glance

Study Course Plan

General business teaching units

Programme specific teaching units

Interdisciplinary competencies

General business teaching units

Programme specific teaching units

Interdisciplinary competencies

General business teaching units

Programme specific teaching units

Interdisciplinary competencies

Programme specific teaching units

Elective area

Interdisciplinary competencies

Semester Abroad

Programme specific teaching units

Interdisciplinary competencies

Finance manager for the international arena

Specialists for the global economy

What are you waiting for?

Join one of our virtual info sessions and get to know the CBS

Virtual Student Life in Germany Event

18. April 2023 | 16:00 - 17:30

Online Information Session Bachelor's

24. April 2023 | 16:00 - 17:00

Networking at the CBS Campus

What are the career opportunities with a finance degree?

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

Take your next step

Study Advisory

Trial Lectures

Financial Aid

Admission Process

Online Application

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

Download a brochure & learn more about us

Anika Zaeske

Mirjam Zimmermann

Ida Möhrke

Elsa Chumakova

Anastasia Makarenko

This is What Our Students Say

Philip Kollmann

Project ManagerWayne´s Coffee

Oliver Kiderle

EMEA Regional Product ExpertGoogle Inc.

Katrin Rieger

Bereichsdirektorin Reisevertrieb Deutschland / Vice President SalesHanseMerkur Krankenversicherung

Kalle Kenkel

Commercial Excellence ManagerGE Healthcare

Neil Jordaan

Global Digital Content ManagerElanco

Christopher Rosenbaum

ManagerErnst & Young GmbH Wirtschaftsprüfungsgesellschaft

Britta Jansen

HR Business PartnerHRS Group

Patrick Stein

Head of Human ResourcesBoston Consulting Group

These undergraduate study programmes could also interest you:

What should I study?

Business Psychology

International Business

Int. Tourism Management

Wirtschaftspsychologie

Betriebswirtschaft & Management

Project Manager
Wayne´s Coffee

EMEA Regional Product Expert
Google Inc.

Bereichsdirektorin Reisevertrieb Deutschland / Vice President Sales
HanseMerkur Krankenversicherung

Commercial Excellence Manager
GE Healthcare

Global Digital Content Manager
Elanco

Manager
Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft

HR Business Partner
HRS Group

Head of Human Resources
Boston Consulting Group