In this course, students acquire knowledge about:

• current economic challenges for financial institutions due to the low-interest rate environment, digitalization-driven innovations such as cryptocurrencies and smart contracts as well as social transformation processes with regard to sustainability
• current regulatory challenges for financial institutions such as Basel IV, IFRS 9 and 13, MARisk, EMIR and MiFID
• the impact of these challenges on business models, corporate governance, processes and methods

After successful completion of this course, students will:

• know the regulatory environment of financial institutions
• understand, describe verbally and in writing and critically reflect on the changing regulatory environment
• know, describe verbally and in writing and critically reflect on the impact of digitalization on the business models of financial institutions
• know, verbally and in writing and critically reflect on the impact of sustainability requirements on financial institutions
• analytically and empirically assess the impact of regulatory, economic and social transformation processes on the strategy and risk management of financial institution

M.Sc.:

• Accounting and Finance: Specialization Studies, Elective Studies
• Data Science in Business and Economics: Free Elective Studies
• Economics: Specialization Studies Economics, Econometrics, Finance, Free Elective Studies
• Economics and Finance: Specialization Studies Finance, Free Elective Studies
• European Economics: Specialization Studies Focus Finance, Free Elective Studies
• European Management/ General Management/ International Business: Specialization Banking, Specialization Finance, Free Elective Studies
• Management & Economics: Free Elective Studies

Registration for the exam is done via Alma. If this is not possible, please contact the examination office

In this course, students acquire knowledge about:

• the theoretical foundations of financial intermediation
• the different groups of financial institutions such as banks, asset managers, venture capitalists, broker/dealers, stock exchanges, rating agencies, fintechs and their functions as intermediaries
• the management and governance of financial institutions
• the risks arising from intermediation
• the regulation of financial institutions

After successful completion of this course, students:

• know the theoretical foundations of financial intermediation and the role of different types of financial institutions
• have an overview of the instruments used to provide intermediation services and the associated market volumes and market shares
• identify management and governance problems in financial institutions and formulate solution strategies
• identify different types of risk and calculate risk measures
• understand the regulatory environment of financial intermediaries and the interplay between regulation and innovation

M.Sc.:

• Accounting and Finance: Specialization Studies, Elective Studies

• Data Science in Business and Economics: Free Elective Studies

• Economics: Specialization Studies Economics, Econometrics, Finance, Free Elective Studies

• Economics and Finance: Specialization Studies Finance, Free Elective Studies

• European Economics: Specialization Studies Focus Finance, Free Elective Studies

• European Management/ General Management/ International Business: Specialization Banking, Specialization Finance, Free Elective Studies

• Management & Economics: Free Elective Studies

Registration for the exam is done via Alma. If this is not possible, please contact the examination office

This course explores advanced concepts in asset management and asset pricing, emphasizing independent research and scientific writing. Students will critically engage with academic literature, conduct data-driven analysis, and present their findings. Topics include portfolio choice, market efficiency, asset pricing models, and fixed-income securities

By the end of this course, students will be able to:

• analyze and replicate advanced models in asset pricing and portfolio management
• critically assess and synthesize academic research in asset management
• apply scientific tools (e.g., Python, R) to analyze data and answer research questions
• develop and defend a research thesis with clear empirical findings

This course is ideal for Master's students specializing in Finance or preparing for careers in asset management and research. No prerequisites are required, but familiarity with econometric tools and asset pricing is advantageous.

The seminar can be selected in the following modules: 

• CM5_01 Advanced Topics in Accounting and Finance
• CM5_10 Advanced Topics in Data Science in Business and EconomicsCM5_05 Advanced Topics in European Management (Schwerpunkt Banking)
• CM5_06 Advanced Topics in General Management (Schwerpunkt Banking)
• CM5_07 Advanced Topics in International Business (Schwerpunkt Banking)
• CM5_09 Advanced Topics in Management and Economics

Registration for the exam is done via Alma. If this is not possible, please contact the examination office

Es werden zunächst Grundlagen des Nachhaltigen Finanzwesens und dessen Komponenten erläutert und eine Definition von Sustainable Finance erarbeitet. Im Nachgang hierzu werden Chancen und Risiken, die durch den Klimawandel entstehen, untersucht. Die Vorlesung nimmt zudem Bezug auf regulatorische Aspekte sowie die Rolle der Zentralbanken. Zuletzt werden die Auswirkungen des Klimawandels auf Bankenebene analysiert. Absolventen/innen fertigen eine Hausarbeit an, in welcher Sie gelernte Konzepte hinterfragen und erweitern

Nach Abschluss des Moduls können Sie:

•  die Auswirkungen des Klimawandels auf die Finanzindustrie und die Finanzmärkte bewerten

• durch die Ausarbeitung einer Hausarbeit sind die Absolventen/innen in der Lage die besprochenen Konzepte zu hinterfragen und zu erweitern

• sie können mit dem Klimawandel verbundene Chancen und Risiken beschreiben und deren makro- und mikroökonomische Wirkungsketten analysieren

• des Weiteren lernen Absolventen/innen die verschiedenen Ansätze der Sustainable Finance Regulierung kennen und können Ansätze der Integration von ESG-Risiken in das Risikomanagement von Banken beurteilen

Dieses Modul kann innerhalb folgender Studiengänge belegt werden:

Prüfungsordnung 2023:

M.Sc. Accounting and Finance: Vertiefungsbereich, Wahlbereich
M.Sc. Data Science in Business and Economics: Wahlbereich
M.Sc. Economics: Freier Wahlbereich
M.Sc. Economics and Finance: Freier Wahlbereich
M.Sc. European Economics: Wahlbereich
M.Sc. European/General Management/International Business: Vertiefungsbereich Banking,  Vertiefungsbereich Finance, Vertiefungsbereich Industrial Organizations, Vertiefungsbereich Marketing, Vertiefungsbereich HRM and Organization, Vertiefungsbereich Managerial Accounting, Freier Wahlbereich
M.Sc. Management and Economics: Vertiefungsbereich, Freier Wahlbereich

Prüfungsordnung 2018:
M.Sc. Accounting and Finance: Vertiefungsbereich, Wahlbereich
M.Sc. Data Science in Business and Economics: Wahlbereich
M.Sc. Economics: Freier Wahlbereich
M.Sc. Economics and Finance: Freier Wahlbereich
M.Sc. European Economics: Wahlbereich
M.Sc. European/General Management/International Business: Vertiefungsbereich Schwerpunkt Banking,  Vertiefungsbereich Schwerpunkt Finance, Vertiefungsbereich Schwerpunkt Industrial Organizations, Vertiefungsbereich Schwerpunkt Marketing, Vertiefungsbereich Schwerpunkt HRM and Organization, Vertiefungsbereich Schwerpunkt Managerial Accounting, Wahlbereich
M.Sc. International Economics: Freier Wahlbereich
M.Sc. Management and Economics: Vertiefungsbereich, Wahlbereich

Die Anmeldung für die Klausur erfolgt über Alma, falls dies nicht möglich sein sollte kontaktieren Sie bitte das Prüfungsamt