Bachelor-Studium International Business Management

Upon completion of this course students are able to:

• explain the 4 management functions: planning, organizing, leading, controlling,
• explain key business administration concepts, such as the efficiency principle and minimum and maximum principles,
• give an overview of company functions (management, controlling, marketing, procurement, production, investment, finance, accounting),
• analyse a business environment and understand how different stake-holders of an organisation have to be taken care of,
• give examples of a company’s vision and mission,
• explain different managerial levels, skills a manager needs, tasks a manager performs and roles a manager plays,
• explain the milestones in management history and the development of management theories and concepts,
• explain business administration in an academic context as well as basic concepts and theories used in scientific research on management.  

Upon completion of this course students are able to:

• explain practical tools for leadership, sustainability and ethics, discuss their role in business contributing to the Sustainable Development Goals,
• reflect on values and further conditions necessary for sustainable leadership.

Upon completion of this course students are able to:

• Explain the concept of entrepreneurship in the context of different strategies (formation, change/growth, succession)
• Differentiate major theories and models of entrepreneurship and innovation management and apply to the analysis of case study problems
• Examine the importance of ethics and integrity in entrepreneurship and how to act in an ethical manner
• Produce business models from ideas and write business plans 

Upon completion of this course students are able to:

• illustrate the application of modern marketing as an integrated business function and explain basic marketing concepts,
• differentiate between the marketing of consumer goods and investment goods,
• describe relevant product and service elements, taking knowledge of consumer behaviour into account,
• describe the interface between marketing and sales,
• explain and evaluate marketing decisions from a managerial perspective.

Upon completion of this course students are able to:

• identify nearby economic regions and blocs which are most significant from a national perspective, and summarize them from an economic, geographical, historical and cultural perspective,
• identify main export markets for the national economy, and explain their economic significance,
• illustrate basic structures and relationships between economic regions,
• interpret the balance of trade of different countries,
• plan and implement simple market entry strategies.

At the end of this module students are able to:

• explain the principles of financial accounting and the interaction of key areas of the accounting system,
• explain the basic terms of the major financial statements,
• explain the accounting cycle and accounting structure,
• apply double-entry bookkeeping as a tool for documentation and information in a company.

Upon completion of this course students are able to:

• explain intercultural influences on communication and company management,
• Identify cultural dimensions and their impact on communication and management practices,
• discuss problems that arise due to cultural differences between individuals and groups in an international project or international company, and develop approaches to resolve such problems,
• describe the main models of intercultural management,
• develop strategies for effective communication and collaboration across cultural boundaries,
• recognize the challenges associated with intercultural misunderstandings and conflicts,
• carry out negotiations effectively in intercultural environments,
• autonomously develop and apply their understanding of intercultural communication by designing a culture assimilator to facilitate the cultural learning of others,
• apply intercultural competence skills in simulated business settings, such as work, travel, and social interactions,
• eflect and analyse their behaviour and their reactions to feelings,
• differentiate and select effective learning strategies.

Upon completion of this course students are able to:

• create and structure a professional business presentation,
• master a verity of media to improve performance and impact,
• show vocal abilities to get attention and support arguments,
• demonstrate efficient rhetoric tools to get the point across.

Upon completion of this course students are able to:

Design and methods:

• explain the difference between qualitative and quantitative methods and research approaches and their quality criteria,
• clearly identify the main components of a series of qualitative and quantitative methods, to explain their application and the combination of different methods,
• to name ethical standards of scientific research

Sampling and measurement:

• define different sampling methods,
• to explain the basics of the measurement of constructs

Procedure and the process of the survey:

• to present the different phases of the research process,
• find suitable literature for a scientific work and cite sources,
• to explain the standard structure of a scientific work. 

Upon completion of this course students are able to:

• develop research questions for business research problems,
• explain and apply different approaches to the analysis of qualitative data e.g. content analysis and narrative analysis,
• explain the role of qualitative research in business,
• conduct a qualitative interview.

Upon completion of this course students are able to:

• select and utilise numbers, measurements and units in the proper format,
• describe common business calculations as well as their objectives,
• discuss profitability in context of price elasticity,
• explain the value of money,
• discuss probability estimates,
• describe the use of ratios,
• interpret time series data,
• discuss the use and pitfalls of mathematical optimisation.

Upon completion of this course students are able to:

• select and utilise numbers, measurements and units in the proper format,
• independently perform fundamental business mathematics in context of business problems,
• perform and interpret break even analysis,
• discuss profitability in context of price elasticity,
• explain the time value of money,
• compound and discount cash flows,
• work with probability estimates,
• use ratios and fractions to assess situations,
• explore and analyse time series data.

At the end of this module students are able to:

• understand familiar words and very basic phrases relating to themselves, their family and immediate concrete surroundings,
• answer simple questions in areas of immediate need or on very familiar topics,
• read very short, simple texts and write short, simple notes and messages in everyday situations.

At the end of this module students are able to:

• write clear detailed texts on a variety of economic subjects concerning the field of companies,
• understand the information of the majority of audio-visual material on topics of economic or personal interest,
• read straightforward factual texts on subjects related to economic matters,
• communicate with some confidence on familiar routine and non-routinematters related to their interests and professional field,
• apply the most important conventions concerning the body language and social behavior of the French speaking world,
• acquire knowledge, awareness and understanding of the relation (similarities and distinctive differences) between the ‘world of origin’ and the ‘world of the target community'. 

At the end of this module students are able to:

• understand familiar words and very basic phrases relating to themselves, their family and immediate concrete surroundings,
• answer simple questions in areas of immediate need or on very familiar topics,
• read very short, simple texts and write short, simple notes and messages in everyday situations.

At the end of this module students are able to:

• write clear detailed texts on a variety of economic subjects concerning the field of companies,
• understand the information of the majority of audio-visual material on topics of economic or personal interest,
• read straightforward factual texts on subjects related to economic matters,
• communicate with some confidence on familiar routine and non-routinematters related to their interests and professional field,
• apply the most important conventions concerning the body language and social behavior of the Spanish speaking world,
• acquire knowledge, awareness and understanding of the relation (similarities and distinctive differences) between the ‘world of origin’ and the ‘world of the target community'.

At the end of this module students are able to:

• understand familiar words and very basic phrases relating to themselves, their family and immediate concrete surroundings,
• answer simple questions in areas of immediate need or on very familiar topics,
• read very short, simple texts and write short, simple notes and messages in everyday situations.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages.

At the end of this module students are able to:

• understand familiar words and very basic phrases relating to themselves, their family and immediate concrete surroundings,
• answer simple questions in areas of immediate need or on very familiar topics,
• read very short, simple texts and write short, simple notes and messages in everyday situations.

At the end of this module students are able to:

• understand familiar words and very basic phrases relating to themselves, their family and immediate concrete surroundings,
• answer simple questions in areas of immediate need or on very familiar topics,
• read very short, simple texts and write short, simple notes and messages in everyday situations.

Upon completion of this course students are able to:

• explain current developments and trends in (international) human resource management practice
• explain different staff recruitment tools and justify their implementation
• reflect the recruiting and selection process
• explain the principles of personnel development and its impact on sustainability and ethics
• explain reasons for lay-offs and suggest options of making adequate redundancies
• analyse a job ad and carry out a job application

Upon completion of this course students are able to:

• categorise the different roles in a group and explain what effect they have,
• illustrate, understand and improve communication processes within groups,
• use tools and methods to support their team,
• identify how a diverse group can turn into a successful team.   

Upon completion of this course students are able to:

• explain the basic concepts behind operations, production, procurement and logistics in an international context,
• independently identify, exemplify and apply solutions to typical scheduling difficulties facing logistics managers,
• identify and categorize solutions for basic problems in materials management and production planning.

Upon completion of this course students are able to:

• describe main future economic regions, and explain them from an economic, geographical, historical and cultural perspective,
• illustrate basic structures and relationships between economic regions,
• determine the main potential export markets for the national economy, and explain their economic significance,
• analyse and discuss the balance of trade of different countries,
• identify and determine difficulties associated with complex overseas-market entry strategies.

At the end of this module students are able to:

• Identify and illustrate corporate reporting duties,
• Carry out a finanical analysis of a service company from a potential investor and from a shareholder perspective,
• Carry out a financial analysis of a manufacturing company form potential investor and a shareholder perspective,
• Carry out a financial analysis from of a B-t-B supplier-buyer relationship (both perspectives) in the manufactoring secto.r

At the end of this module students are able to:

• explain and examine consumer behavior and solve graphically the utility maximization problem including the impact of price and income changes on the consumption choice,
• explain and examine behavior of the firm and solve graphically and mathematically the profit maximization problem under perfect competition and monopoly,
• determine graphically and mathematically the consumer and producer surplus as well as how those are affected by price floors and price ceilings as well as changes resulting from monopolies,
• explain and analyze market failure and the role of the government,
• explain and analyze different policies from an economic perspective.          

Upon completion of this course, students are able to:

• independently apply the principles of academic research in the preparation of seminar and bachelor papers,
• differentiate and select quantitative research methods,
• design and implement preliminary empirical research projects,
• analyse the results of their research,
• explain and discuss academic work.

Upon completion of this course students are able to:

• explain the relationship with relational databases,
• using a spreadsheet program to solve economic problems using formulas, functions and diagrams.

Upon completion of this course students are able to:

• select the proper level of measurement and design a sample,
• discuss the use and interpretation of statistics
• differentiate validity and reliability,
• discuss measures of central tendency and variance,
• interpret z-scores,
• describe the use of ratios,
• explain different sources of bias,
• explain the application and limitation of simple linear regression.

Upon completion of this course students are able to:

• select the proper level of measurement and design a sample,
• discuss the use and interpretation of statistics,
• differentiate validity and reliability,
• discuss measures of central tendency and variance,
• interpret z-scores,
• describe the use of ratios,
• explain different sources of bias,
• explain the application and limitation of simple linear regression.

At the end of this module students are able to:

• understand familiar words and phrases relating to themselves, their family and immediate concrete surroundings,
• answer simple questions in areas of immediate need or on very familiar topics,
• read short, simple texts and write short, simple notes and messages in everyday situations.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• enter unprepared into conversation on topics that are familiar, of personal interest or pertinent to everyday life,
• apply the most important conventions concerning the body language and social behavior of the French speaking world,
• acquire knowledge, awareness and understanding of the relation (similarities and distinctive differences) between the ‘world of origin’ and the ‘world of the target community'. 

At the end of this module students are able to:

• understand familiar words and phrases relating to themselves, their family and immediate concrete surroundings,
• answer simple questions in areas of immediate need or on very familiar topics,
• read short, simple texts and write short, simple notes and messages in everyday situations.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• enter unprepared into conversation on topics that are familiar, of personal interest or pertinent to everyday life,
• apply the most important conventions concerning the body language and social behavior of the Spanish speaking world,
• acquire knowledge, awareness and understanding of the relation (similarities and distinctive differences) between the ‘world of origin’ and the ‘world of the target community'.

At the end of this module students are able to:

• understand familiar words and phrases relating to themselves, their family and immediate concrete surroundings,
• answer simple questions in areas of immediate need or on very familiar topics,
• read short, simple texts and write short, simple notes and messages in everyday situations.

At the end of this module students are able to:

• understand familiar words and phrases relating to themselves, their family and immediate concrete surroundings,
• answer simple questions in areas of immediate need or on very familiar topics,
• read short, simple texts and write short, simple notes and messages in everyday situations.

At the end of this module students are able to:

• understand familiar words and phrases relating to themselves, their family and immediate concrete surroundings,
• answer simple questions in areas of immediate need or on very familiar topics,
• read short, simple texts and write short, simple notes and messages in everyday situations.

At the end of this module students are able to:

• understand familiar words and phrases relating to themselves, their family and immediate concrete surroundings,
• answer simple questions in areas of immediate need or on very familiar topics,
• read short, simple texts and write short, simple notes and messages in everyday situations.

Upon completion of this course students are able to:

• identify and describe the elements of an organisation,
• differentiate between the various models of organisational setups and management systems,
• analyse the development of organisations,
• explain the concepts of organisational design and organisational development and apply them using case studies,
• explain perspectives regarding organization(s), their environment and organizational development,
• explain the importance of culture and diversity within the business environment,
• analyse organizational structures, cultures and politics in organizations,
• explain core and support processes, and discuss their importance in a company.

Upon completion of this course students are able to:

• distinguish between core and support processes, and evaluate their importance in a company,
• explain purpose and structure of reports and audits,
• apply processes and SOPs in real-life examples.

Upon completion of this course students are able to:

• describe project management tasks and perform the essential steps in the project planning process
• create simple project plans and evaluate project plans for complex projects
• identify various project stakeholders and carry out task-focused communications as appropriate for the target group

Upon completion of this course students are able to:

• explain the role of international marketing research in global business decision-making,
• design and perform international marketing research using appropriate research methods,
• analyze and interpret data to make informed marketing decisions,
• evaluate the impact of intercultural issues on marketing research and consumer behavior,
• develop and present a marketing research project. 

Upon completion of this course students are able to:

• Illustrate the objectives and purpose of Managerial Accounting and can contrast Managerial Accounting objectives with Financial Reporting objectives
• Carry out profitability analysis based on the full-costing approach, including variance analysis
• Carry out profitability analysis based on the marginal-costing approach, including variance analysis
• Illustrate the principles and process of revenue reporting, forecasting and budgeting
• Illustrate the principles and process of cost budgeting

Upon completion of this course students are able to:·

• illustrate sources of corporate investment projects,
• carry out investment projects evaluations by applying different techniques,
• illustrate sources of corporate finance· Justify investment decisions using various methods,
• use a range of financing tools, identify their pros and cons, and explain the specific characteristics of financial markets,
• describe and analyse cash flows associated with the financing tools covered on the course,
• depict optimal corporate finance options for a given business strategy or situation.

At the end of this module students are able to:

• calculate/collect and interpret data on GDP, inflation, unemployment, and external balance,
• explain the circular flow model and recognize the phases of the business cycle,
• explain and analyse determinants of goods and financial markets at the aggregate level,
• analyse the effect of fiscal and monetary policies for the economy,
• identify determinants of economic growth over time,
• apply economic models to explain current and past macroeconomic trends and recognize appropriate macroeconomic policies.

Upon completion of this course students are able to:

• explain the role of law and the essential legal terms,
• explain the basics of the austrian and the european union legal system (leg-islative, executive and judicial branch of state)
• explain the basics of law, the role of law and the essential legal terms, and the legal framework in which companies act, and how legal costs, equality and ethics are related in different frameworks
• identify and explain the essentials of public law, private law and criminal law    

Upon completion of this course students are able to:

• explain the theories, processes and methods employed in negotiations, conflict resolution and relationship management und understand the importance for leadership
• identify common myths and misunderstandings in the context of negotiations
• apply various negotiating techniques
• explain the ways in which culture affects negotiations and understand the implications for leadership and ethics
• apply theories in order to resolve conflicts in a cross-cultural setting
• describe and analyse the importance of differing value systems and expectations for negotiations in an international context
• identify basic elements of standard contracts
• explain the complex nature of various legal environments
• apply templates to draft standard contracts

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• enter unprepared into conversation on topics that are familiar, of personal interest or pertinent to everyday life,
• give a clear and detailed description on a wide range of subjects related to their field of interest.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents
• answer questions related to general everyday, business and contemporary topics
• read, explain and produce texts, notes and messages
• enter unprepared into conversation on topics that are familiar, of personal interest or pertinent to everyday life
• give a clear and detailed description on a wide range of subjects related to their field of interest

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• enter unprepared into conversation on topics that are familiar, of personal interest or pertinent to everyday life,
• give a clear and detailed description on a wide range of subjects related to their field of interest.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages.

Upon completion of this course students are able to:

• critically reflect and evaluate their personal experiences during the internship,
• determine their own preferences regarding future areas of work, including their revent internship experience,
• evaluate the potential of the field of work experiences in the internship is interesting enough to write their Bachelor paper.

At the end of this module students are able to:

• describe current developments and the speed of change in Artificial Intelligence with a focus on data, visualization and creative industries as well as the current developments of AI applications to improve the performance of business tasks and processes,
• analyse and combine the selected AI applications with the work environment in the PTS company to assess which technology has the potential for a significant performance improvement,
• identify use cases, opportunities and risks of AI applications and automated processes and interpret their importance for a specific business area.

Upon completion of this course students are able to:

• define and explain the principles of entrepreneurial thinking and actions,
• describe the specific problems and challenges involved in starting a new company,
• explain the principles of entrepreneurial thinking and actions and apply them to defined cases,
• develop strategies and measures to drive forward the start-up process,
• create business plans and develop them in collaboration with other stakeholders,· clarify, present and develop product and business ideas.

Upon completion of this course students are able to:

• explain the fundamental principles of budgeting, the functions of a budget and the relationship between short- and long-term planning,· independently develop cost plans for direct costs, variable overheads and fixed costs on the basis of a case study,
• describe the process of multi-stage planning using sub-budgets,
• prepare a performance budget using the cost of sales and nature of expense methods,
• independently prepare a financial plan using the direct and indirect methods, as well as a forecast balance sheet in the form of a statement of changes in financial position,
• analyse, interpret and evaluate performance budgets, financial plans and forecast balance sheets.

Upon completion of this course students are able to:

• explain various sales approaches and differentatiate individual and group processes,
• structure the sales accounts,
• develop sale offers, talks and pitches,
• plan and explain work objectives and goals,
• implement performance metrics to measure goal achievementin financial position,
• assess performance and perform providing feedback.

Upon completion of this course students are able to:

• explain the potential risk factors involved in international business activities,
• explain the main elements of international sales, including the necessary documents and Incoterms,
• explain the main payment methods for international transactions,
• illustrate collaterals used in international trade (e.g. bank guarantees),
• compare the main instruments used in foreign trade finance,
• analyse risk minimisation options based on the risk profile for an export transaction and apply them to specific cases.

Upon completion of this course students are able to:

• explain and apply supply chain management concepts, discuss the relationship between different elements of supply chain management, and put them in context in international business,
• carry out material flow analysis, identify any problems and identify relevant solutiuons.

Upon completion of this course students are able to:

• describe the main cooperation programmes between the EU and other economic regions,
• explain the main principles of an EU and international tender process,
• independently design the basic concept for preparing a bid for an (international) public call for tenders.

Upon completion of this course students are able to:

• describe and evaluate the relationships between the actors in international relations, and discuss their competing interests,
• examine the role of international organisations in international relations, particularly for striving towards international peace and security,
• explain and analyse how relations between international actors affect business decisions of companies acting transnationally.

Upon completion of this course students are able to:

• explain legal terminology,
• explain and differentiate legal issues arising in IBL,
• find solutions to minor legal problems using fundamental provisions of business law, take their specific features into account, and evaluate and justify their solutions,
• explain the process of transposing international law into national law,
• describe the challenges of conforming with applicable legal standards in the area of e-commerce.

At the end of this module students are able to:

• apply research strategies to a problem at hand, bearing resource limitations in mind,
• evaluate various sources with respect to their quality and reliability, paying attention to new developments on the one, and outdated theories and sources on the other hand, in order to identify relevent theories and sources
• summarize and paraphrase effectively primary, secondary and tertiary sources in international business,
• apply different types of literature review strategies in the field of international business,
• discuss text content, rhetorical structure, and authors’ purposes from business research articles,
• produce a seminar paper that critically approaches problem at hand and discusses different points of view presented in the literature, based on the structure of a scientific paper (Title Page, Table of Contents, Introduction, Main Section, Conclusion, References).

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• use the language to engage in conversation and present themselves and selected topics.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• interact with a degree of fluency and spontaneity that makes normal interaction with a native speaker quite possible.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• use the language to engage in conversation and present themselves and selected topics.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• interact with a degree of fluency and spontaneity that makes normal interaction with a native speaker quite possible.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• use the language to engage in conversation and present themselves in selected topics.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• use the language to engage in conversation and present themselves and selected topics.

 At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• use the language to engage in conversation and present themselves and selected topics. 

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• use the language to engage in conversation and present themselves and selected topics.

At the end of this module students are able to:

• describe current developments and rapid changes as well as shifts in geopolitics, international trade and infrastructure projects like sustainable cities and sustainable transport,
• analyse and combine specific regional knowledge with fundamental expertise in International Economics, and International Management and Business,
• identify market opportunities in developing countries especially related to the new technology and sustainable infrastructure and new trading platforms and entrepreneurial approaches and business models and interpret their significance for a particular business sector.  

At the end of this module students are able to:

• describe current developments regarding the digitalisation of businesses
• analyse and combine specific knowlege of digital business models with fundamental expertise in International Economics, and International Management and Business, with a focus on new business models and entrepreneurial opportunities
• identify opportunities for digital business transformation and interpret their significance for a particular business sector including the rapid speed change and the need for constant updates thanks to new technologies emerging.

At the end of this module students are able to:

• describe current developments in the market selection and market access with a focus on sustainable supply chain managment,
• analyse and combine technical knowledge with fundamental expertise in International Economics, and International Management and Business,
• identify market opportunities presented by new entry tactics and interpret their significance for a particular business sector, describing the need to constantly update assessment and strategy due to the rapid change of the environment.

At the end of this module students are able to:

• describe current developments in sourcing and customs procedures, with a focus on the impact of sustainability on supply chain management considertations,
• analyse and combine specific procurement knowledge with fundamental expertise in International Economics, and International Management and Business,
• identify weaknesses and potential improvements in supply chain management processes, and develop solutions, and understand that there is a need to constantly re-assess and update the own strategy due to the rapid speed of change in regulations and environments.

At the end of this module students are able to:

• describe current developments and the speed of change in the Artificial Intelligence with a focus on data, visualisation and creative industry
• analyse and combine specific technical knowledge with fundamental expertise in International Economics, and International Management and Business
• identify opportunities and risks presented by AI application and automated processes, and interpret their significance for a particular business sector, and explain the need for regular updates since the technologies keep evolving and new solutions and applications emerge in rapid succession

Upon completion of this course students are able to:

• apply analytical tools when dealing with capital markets and capital market instruments,
• apply concepts for the development of budget, investment and capital structures as well as profit distribution decisions,
• describe concepts and processes related to company acquisitions and
• partnerships from a business administration, an organisational and a capital-market perspective.

Upon completion of this course students are able to:

• describe potential risk factors in trade and commodity business,
• define and explain key roles and concepts in trading,
• describe and compare the main components of export finance instruments and potential challenges associated with them,
• identify and apply suitable instruments provided by export credit agencies to support export opportunities, and apply them to case situations

Upon completion of this course students are able to:

• describe potential risk factors in sales and provision of services,
• define and explain key roles and concepts in the exporting of services,
• describe and compare the main components of export finance instruments and potential challenges associated with them,
• identify and apply suitable instruments provided by export credit agencies to support export opportunities, and apply them to case situations.

Upon completion of this course students are able to:

• describe potential risk factors in project finance and structured finance,
• define and explain key roles and concepts in project finance,
• describe and compare the main components of export finance instruments and potential challenges associated with them,
• identify and apply suitable instruments provided by export credit agencies to support export opportunities, and apply them to case situations

At the end of this module students are able to:

• describe and explain basic concepts of international economics and the relationship between them,
• explain and interpret the empirical results of economic models,
• describe international economic interactions and identify their impact on international business,
• analyse and evaluate the ways in which international economics influences business strategy, decision-making and business performance,
• recognize trends in trade and capital flows, and capital flows, and develop solutions based on brief case studies.

At the end of this module students are able to:

• explain how the concept of sustainable development has changed different fields of international affairs and explain the need to track the evolution of definitions and policies,
• explain the present balance and imbalance of international actors as well as the changes and dynamic in the system,
• determine whether a particular policy or project meets the requirements of sustainable development, reflecting current as well as upcoming (discussed) definitions and regulations,
• differentiate between and explain various aspects of sustainable development. 

At the end of this module students are able to:

• demonstrate effective planning and organization skills by creating and implementing comprehensive strategies for managing intercultural online communities. This includes developing a clear vision, defining goals and objectives, and establishing guidelines for community participation,
• showcase strong communication skills by effectively organizing and announcing events within interculturay communities. They will demonstrate their ability to create engaging event descriptions, communicate event details to community members, and facilitate discussions to generate interest and participation.

At the end of this module students are able to:

• independently write an academic paper in accordance with content-related and formal academic requirements, reflecting own resources and capabilities (time, method comprehension) as well as the access to up-to date information and the problem of working with outdated models and data,
• differentiate and evaluate problems linked to the selected study specialisations,
• describe the connection between singular topics from the study specialisations and the relevant courses as stipulated in the manual and reflect on the bigger picture.

At the end of this module students are able to:

• present their bachelor paper and the question they addressed in a manner appropriate to the target audience, and defend the paper before an expert committee,
• outline the significance of the findings for professional practice and research, present supporting arguments and discuss the relevance of up-to-date theories, models and data,
• answer follow-up questions on degree-programme subjects and the links between them, and justify their answers, reflecting on current economic situation.

At the end of this module students are able to:

• write clear detailed texts on a variety of economic subjects concerning the field of companies,
• understand the information of the majority of audio-visual material on topics of economic or personal interest,
• read straightforward factual texts on subjects related to economic matters,
• communicate with some confidence on familiar routine and non-routinematters related to their interests and professional field,
• apply the most important conventions concerning the body language and social behavior of the French speaking world.
• acquire knowledge, awareness and understanding of the relation (similarities and distinctive differences) between the ‘world of origin’ and the ‘world of the target community'. 

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• interact with a degree of fluency and spontaneity that makes normal interaction with a native speaker quite possible.

At the end of this module students are able to:

• write clear detailed texts on a variety of economic subjects concerning the field of companies,
• understand the information of the majority of audio-visual material on topics of economic or personal interest,
• read straightforward factual texts on subjects related to economic matters,
• communicate with some confidence on familiar routine and non-routinematters related to their interests and professional field,
• apply the most important conventions concerning the body language and social behavior of the Spanish speaking world,
• acquire knowledge, awareness and understanding of the relation (similarities and distinctive differences) between the ‘world of origin’ and the ‘world of the target community'. 

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• interact with a degree of fluency and spontaneity that makes normal interaction with a native speaker quite possible.

At the end of this module students are able to:

• write clear detailed texts on a variety of economic subjects concerning the field of companies,
• understand the information of the majority of audio-visual material on topics of economic or personal interest,
• read straightforward factual texts on subjects related to economic matters,
• communicate with some confidence on familiar routine and non-routinematters related to their interests and professional field,
• apply the most important conventions concerning the body language and social behavior of the Italian speaking world,
• acquire knowledge, awareness and understanding of the relation (similarities and distinctive differences) between the ‘world of origin’ and the ‘world of the target community'.

At the end of this module students are able to:

• write clear detailed texts on a variety of economic subjects concerning the field of companies,
• understand the information of the majority of audio-visual material on topics of economic or personal interest,
• read straightforward factual texts on subjects related to economic matters,
• communicate with some confidence on familiar routine and non-routinematters related to their interests and professional field,
• apply the most important conventions concerning the body language and social behavior of the German speaking world,
• acquire knowledge, awareness and understanding of the relation (similarities and distinctive differences) between the ‘world of origin’ and the ‘world of the target community'.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• use the language to engage in conversation and present themselves and selected topics.

At the end of this module students are able to:

• understand general and business related texts and can summarise their contents,
• answer questions related to general everyday, business and contemporary topics,
• read, explain and produce texts, notes and messages,
• use the language to engage in conversation and present themselves and selected topics.