Curriculum

The program provides managers with a business-oriented introduction to key financial accounting concepts. The course covers such fundamentals as balance sheets and income statements, as well as looking at the operational and leadership perspectives of accounting. One session deals with financial instruments and provides an understanding of the causes that led to the financial crisis. Finally, the course allows participants to learn how to evaluate financial statements, with a particular focus on International Financial Reporting Standards (IFRS), which will be discussed with special attention to doing business in China.

This course aims at giving insight into the following key objectives: 

• understanding the key concepts of financial accounting, such as balance sheets and income statements
• gaining insights on how to analyze the financial performance of a company and how to link it to corporate controlling 
• understanding financial accounting from a leadership perspective and how external reporting under IFRS is connected to internal decision-making

The capital structure and refinancing costs of a company are important indicators of its financial health and ability to attract capital from investors and markets. In order to remain competitive and to avoid becoming a target for potential take-overs, organizations have to manage their finances effectively and earn premiums on the capital employed. This course enables the participants to attain an understanding of the key issues in corporate finance, including company valuation, costs of capital, and risk premiums.

This course is designed to help participants:

• understand the importance of corporate finance for the overall stability of a firm and the impact of different financing options on the costs of capital
• learn how to calculate diversification effects and general risk premiums in financial markets and for specific companies
• learn how to evaluate companies, merger options, and LBOs 

The course focuses on five aspects of mergers, acquisitions, and divestitures: (1) When are acquisitions and divestitures the most applicable tool to advance and implement a firm’s strategy? (2) How should acquisition targets be assessed, both strategically and financially, in the due diligence process? (3) How should acquisition and divestiture programmes be developed and managed? (4) How to become a successful systematic acquirer and how to develop a firm’s capabilities to manage divestiture processes successfully? and (5) How to lead the acquisition integration and divestiture separation processes? A number of cases of both successful and less successful companies accompanied with a set of analytical frameworks are used to develop participants' skills to successfully develop and execute acquisition and divestiture strategies.

This course is designed to help participants:

• gain an overview of the determinants of and patterns in merger and acquisition activity
• learn about the central success factors and success traps in merger and acquisition processes
• develop the ability to conduct the key strategic and financial analyses (e.g., valuation and due diligence more generally) which go along with mergers and acquisitions
• learn about similarities and differences between acquisitions and other portfolio restructuring modes (i.e., divestitures, alliances) or other takeover mechanisms (buyouts).
• learn to critically discuss and reflect upon previous transactions in business practice

This course introduces the key concepts, tools, principles and best practices in operations and supply chain management. It focuses on understanding levers for structuring, managing, and improving a firm’s recurring business processes to achieve competitive advantage in customer responsiveness, price, quality, and variety of products and services. These levers are as applicable to banks, hospitals, and brokerage firms, for example, as to traditional manufacturing. Processes within firms, as well as between firms, i.e. supply chains, are explored. The fundamental principles underlying state-of-the-art practices are examined so that participants learn and appreciate how operational innovations and improvements can help firms deal with uncertainties in demand and supply.

The course is designed to help students:

• understand operations and supply chain concepts and theories and the relationships between them
• become familiar with several operations strategies adopted by leading companies
• recognize strategic challenges and opportunities for managing operations
• learn to use several basic analytical tools to assess performance tradeoffs and support decision making

Especially in times of failure, questions arise concerning how companies are “governing” their decisions and processes. Recent corporate collapses in the financial sector, but also the insolvency of whole nations such as Iceland, or the need for large-scale rescue funds like in Greece, show that the ways of managing companies and countries in some cases converge, and that the term “governance” is actually also appropriate in a commercial context. This course lays a foundation of legal frameworks and corporate governance mechanisms and applies and discusses them in examples and cases. Beside shareholder structures and other stakeholders of a corporation, organizational design is also a critical instrument for insuring checks and balances inside the company, which will also be covered under this aspect.

The course is tailored towards managers and professional advisors who are designing, structuring or re-structuring organizations and who set the regulatory rules or supervise companies on a board level.  “Corporate Governance and Organizational Design” will improve the following abilities:

• understanding principles of corporate governance in different jurisdictions
• identification of conflicts of interest
• designing checks and balances in an organization
• understanding specifics in joint ventures in China
• asking the right questions (risk management)
• organizational design and re-structuring

The past few decades have witnessed Information Systems (IS) grow in importance in the business world, coupled with ever faster innovation cycles. Ranging from the enrichment of routine working tasks (e.g. enterprise resource planning systems) to the enabled integration of entire business eco-systems (e.g. e-supply chains), IS have become a vital backbone of businesses.

Consequently, the ability to implement and use IS in a way which supports the overall value proposition of a corporation has become a central success determinant for many firms. Accordingly, the “Information Systems” course is designed to introduce the nature, role, and potentials of IS in corporations and to enable the establishment of a meaningful interface between information technology and business. Furthermore, specific emphasis will be laid on challenges existing with global and cross-cultural information systems.

The primary objective of the course is to enable participants to play a vital role at the intersection of technical and business issues, being able to bridge the gap between a company’s end users and IT experts. In doing so, they shall understand that IS transcend mere technological artifacts, constituting complex socio-technical phenomena. Specifically, this course aims at giving insight into the following key objectives:

• understanding key characteristics of information systems used in globally operating Enterprises
• learning concepts and techniques to successfully run the conversion process from IT
• expenditures to IT assets
• understanding how to manage the user process as a foundation for driving positive business impacts

This program provides insights into the key ethical issues managers face in today’s private sector and public organizations. The course examines the meaning of ethics and its implication for managers, supported by analysis of the relevance of values and embedding critical values into the organization.

Common ethical dilemmas faced by managers will be discussed, with a focus on the ethical competencies that managers need in order to effectively work through such dilemmas. The course concludes with an exploration of current and future trends in the area of corporate social responsibility and the ethical challenges managers are likely to face in the future.

“Business Ethics” is designed to help participants:

• understand the meaning and relevance of ethics for high performing managers
• appreciate how individual values need to be incorporated with corporate values
• examine the ethical dilemmas and considerations they are likely to face as managers in particular
• identify the relevance and contribution of ethical codes of conduct within corporations
• develop the ethical competencies that will assist them in their duties as managers
• explore how to effectively embed responsible practice within the corporation

Merger and acquisition (“M&A”) is a type of transaction that encompasses many interesting legal and commercial aspects. This lecture will provide EMBA students with an overall understanding, from a legal perspective, about how China related M&A transactions are handled. This lecture analyzes such important topics as transaction procedures and structuring issues. It also offers in-depth discussions on key legal documents used in M&A transactions, including such as confidentiality agreement, letter of intent, legal due diligence questionnaire and report, share purchase agreement, etc. Through case studies and in-class discussions, students will have the opportunity to apply knowledge that has been acquired in the course.

The lecture aims to achieve following objectives:

• to provide students with an overall understanding of the Chinese legal and regulatory framework with regard to inbound and outbound investments
• to equip students with knowledge of managing cross-border transactions 
• to familiarize students with key legal documents used in M&A transactions
• to provide students with knowledge about special legal, regulatory, structuring, tax and other considerations that are relevant to China related M&A transactions

Writing on Identity is an online course which is geared toward coaching graduate students through an intercultural experience as they participate in a Sino-German learning environment. The objective of the course is for participants to reflect upon their personal and professional identities in order to better understand how power and culture are negotiated within both the home and workplace environments.

This course aims to create a learning environment through critical self-reflection and discussions of lived experiences in order to foster not only better understanding of the self. Additionally, participants are encouraged to reflect upon and discuss issues such as modes of communication, individualism versus collectivism, power, and gender to develop competencies of perceiving, evaluating, believing and doing in multiple ways.