Modul
Foundations in Business Administration [M-WIWI-101491]
Credits
8Recurrence
Jedes SemesterDuration
2 SemesterLanguage
Level
1Version
1Organisation
- KIT-Fakultät für Wirtschaftswissenschaften
Bricks
Identifier | Name | LP |
---|---|---|
T-WIWI-102819 | Business Administration: Finance and Accounting | 4 |
T-WIWI-102757 | Introduction to Information Engineering and Management | 4 |
Competence Certificate
The assessment is carried out as partial exams (according to §4(2), 1-3 of the examination regulation) of the single courses of this module. The assessment procedures are described for each course of the module separately. The overall grade of the module is the average of the grades for each course weighted by the credits and truncated after the first decimal.
Competence Goal
The objectives of this module are that the student is capable of dealing with issues in finance, investments, accounting and information engineering and management.
Prerequisites
None
Content
The institutional framework and the modelling and formal description of a company's decisions play an essential role in this module. The basic idea and the foundations of static and dynamic investment rules are presented and applied to problems in procurement and materials management as well as in logistics. Modern production processes for goods and services are systematically presented. Marketing research and knowledge of the range of marketing instruments are fundamental for decisions in a competitive market environment. The foundations of corporate finance are treated with a strong emphasis of the links to the capital market. Investment rules and corporate finance are instrumental for answering questions of source and application of funds, comparable to the lending and deposit business in banking. also an introduction to financial and management accoutning is provided. The organisation of company and the problems of management and control constitute an other important aspect of business administration and management science. Finally, the process of value creation and distribution as well as the principles of the taxation of a company are treated with an emphasis on the analysis of the profit and loss statement.
Two case studies, namely the foundation of an innovative information service company and the process chain of a B2B direct marketing company from the customer to the producer, focus on the interdisciplinary links between legal framework, advanced information technology, and the resulting design options for business processes.