The Curriculum

Core Modules

• Financial Accounting

  The course aims at familiarizing the participants with the framework and basic concepts of financial accounting according to International Financial Reporting Standards (IFRS). This course extends to financial accounting and reporting from a leadership perspective. It enables the participants to understand the link between external reporting and internal decision-making.

• Managerial Accounting

  Managerial accounting provides information and control necessary for an organization's long-term competitive success. This class introduces terminology and concepts of managerial accounting including the use of cost information for decision making and management control systems. It teaches how to choose the relevant cost based information, use cost management methods and apply performance measurement systems.

• Corporate Finance

  Corporate finance is concerned with the capital structure of corporations, its objective being the increase of shareholder value. This course introduces terminology and fundamental drivers of value creation and modern financial management. It allows the participants to assess an investment proposal and critically analyze reports and recommendations by corporate finance consultants.

• Economics for Managers

  The course gives an introduction to basic economic concepts and models that govern the economic environment in which businesses work (markets where firms retrieve their input and sell their output but also the national and international macroeconomic conditions). Participants are taught to analyze the environment and identify important economic factors influencing performance and behavior of firms and industries: An essential skill for managers to anticipate threats, avoid mistakes and realize opportunities.

• Corporate Strategy

  The fundamental question of strategy is how firms can gain and sustain competitive advantage in times of innovation, uncertainty and changing industry and firm boundaries. The course aims at enhancing the ability to define and analyze strategic problems and to identify sources of competitive advantage. It introduces various tools, concepts and analytical frameworks necessary for integrating a variety of perspectives and thus developing skills in strategic management which is increasingly critical for a wide range of positions.

• Marketing Management

  In increasingly competitive and integrated markets, the role of marketing in a firm is changing and gaining more and more importance. By introducing fundamental marketing tools and concepts as well as presenting principal issues concerning the implementation of a marketing strategy, participants gain an understanding of how to effectively apply marketing concepts. The relationships between company, competitors and customers and the realm of the strategic setting that the company is operating in provide the framework for analysis.

• Operations/Supply Chain Management

  Operations management is about analyzing, controlling and improving processes related to the company's product. During production, goods and services go through interrelated operations or processes. Supply chain management is concerned with all processes leading to satisfy customer demand. Managing interrelated product, financial and information flows typically include multiple players with their own objectives. Concepts and methods of operations and supply chain management are introduced to understand the increasing importance and appreciation of and management decisions in this field.

• Strategic Leadership

  This course will explore the key strategic leadership issues facing today’s top managers. The focus will be on organization restructuring and design, visioning, handling sensitive top management relationships and coping with burn out. Participants will be enabled to better understand the nature and dynamics of strategic leadership. Moreover, they will be familiarized with techniques and principles of organization design as well as the reality of governance application.

• Talent Management

  The development of employees’ potential is as important for a successful and growing business as the effective utilization of their existing knowledge and skills. The course introduces state-of-the-art instruments for recruitment, development, motivation, and assessment of employees. The course reveals approaches to design a comprehensive talent management system in the context of an organization’s strategy in order to effectively use and develop the employees’ potential.

• Business Ethics

  In today's private sector and public organizations, managers face a number of ethical issues and need to develop ethical competencies to work through these issues. This course gives theoretical and practical insights about ethics and leadership developing personal and professional awareness about individual and collective responsibility. As main objective, participants will be able to understand the meaning and relevance of ethics and how to effectively embed responsible practice within a company.