Bachelor of Finance & Management

Program Overview

The B.Sc. Finance & Management program combines business administration and financial management principles. It offers hands-on consulting projects, workshops, and internships in Germany and abroad. The program prepares students for careers in finance, management, and related fields, with a focus on understanding global financial markets and international financial management. Key subjects include principles of finance, accounting, financial products, and corporate finance.

Program Outline

Finance & Management Program Details:

Degree Overview:

• Program Name: Bachelor of Science (B.Sc.) Finance & Management
• Duration: 6 semesters (or 7 semesters within the Global Track)
• Start Dates: March (Spring term) and September (Fall term)
• Campus Locations: Frankfurt/Main, Cologne, Berlin
• Study Types: Full Degree (full-time on campus), Distance Learning (online)
• Accreditations: AACSB, FIBAA, German Accreditation Council
• Semester Abroad: Two integrated: one compulsory, one optional
• Practical Experience: 20-week compulsory internship, workshops, excursions
• Language: 100% in English language
• Additional Languages: German - compulsory for international students, French, Italian or Spanish is compulsory for all German-speaking students

• The application process consists of uploading certain documents, passing two brief online tests in Maths and English language and a short interview with ISM staff in which your motivation to study and the results from the online tests will be discussed.

Program Content of the B.Sc. Finance & Management

1st Semester

Business Administration 1: Principles of Business Economics

• Introduction to Business Administration, Procurement & Production (2,5 ECTS)
• Marketing (2,5 ECTS)

Business Administration 2: Financial Reporting

• Financial Accounting (2,5 ECTS)
• Financial Reporting & Business Taxation (2,5 ECTS)

Mathematical Basics

• Business Mathematics (2,5 ECTS)
• Statistics 1 (2,5 ECTS)

Law

• Introduction to Law (2,5 ECTS)
• Business Law (2,5 ECTS)

Business English 1

• Business Correspondence (2 ECTS)

2nd Language

• French 1/Spanish 1/Italian 1/German 1 (3 ECTS)

Program Specifics:

Core Competencies

• Introduction to Finance & Management (1 ECTS)
• Scientific Methods (1 ECTS)
• Calculation Software (1 ECTS)
• Rhetoric (1 ECTS)
• Project Management (1 ECTS)

Internship possible (6 ECTS)

2nd Semester

Business Administration 3: Managerial Accounting

• Investment & Financing (2,5 ECTS)
• Cost Accounting (2,5 ECTS)

Economics 1: Principles of Economics

• Microeconomics (2,5 ECTS)
• Macroeconomics (2,5 ECTS)

Applied Statistics

• Statistics 2 (2,5 ECTS)
• Market Research (2,5 ECTS)

Business English 2

• Moderation & Presentation (2 ECTS)

2nd Language

• French 2/Spanish 2/Italian 2/German 2 (3 ECTS)

Program Specifics:

Financial Reporting

• Financial Reporting (2,5 ECTS)
• Financial Accounting (2,5 ECTS)

Fundamentals of Finance

• Introduction to Corporate Finance (2,5 ECTS)
• Introduction to Capital Markets (2,5 ECTS)

Internship possible (6 ECTS)

3rd Semester

Business Administration 4: Human Resources & Organization Management

• Human Resource Management (2,5 ECTS)
• Organization (2,5 ECTS)

Business Administration 5: Business Management

• Principles of Corporate Management (2,5 ECTS)
• Service Management (2,5 ECTS)

Economics 2: Basics of Political Economy

• Economic Policy (2,5 ECTS)
• Corporate Social Responsibility (2,5 ECTS)

Business English 3

• Negotiation (2 ECTS)

2nd Language

• French 3/Spanish 3/Italian 3/German 3 (3 ECTS)

Program Specifics:

Financial Framework

• Capital Market Law & Investor Relation (2,5 ECTS)
• Financial Markets & Institutions (2,5 ECTS)

Legal Framework

• Business Law Advanced (2,5 ECTS)
• International Taxation (2,5 ECTS)

Internship possible (6 ECTS)

4th Semester

Semester abroad (24 ECTS)

Internship possible (6 ECTS)

5th Semester

Business Analysis

• Auditing (2 ECTS)
• Corporate Valuation (2 ECTS)
• Corporate Rating (2 ECTS)

Financial Management

• Derivatives (2 ECTS)
• International Financial Management (2 ECTS)
• Portfolio & Asset Management (2 ECTS)

Workshop/Practical Seminar (5 ECTS)

2nd Language

• French 4/Spanish 4/Italian 4/German 4 (1 ECTS)

Elective Module (1 of 2):

Business Communication

• Internal Communication (2 ECTS)
• Investor Relations (2 ECTS)
• Global Communications (2 ECTS)

General Management

• Strategic Management (2 ECTS)
• Leadership & Motivation (2 ECTS)
• Crisis Management & Recapitalization (2 ECTS)

Internship possible (6 ECTS)

6th Semester

International Financial Reporting

• IRFS 1 (2 ECTS)
• IRFS 2 (2 ECTS)
• Group Consolidation (2 ECTS)

Corporate Structuring

• Investment Management (2 ECTS)
• Corporate Finance (2 ECTS)
• Mergers & Acquisitions (2 ECTS)

Elective Module (1 of 2):

Controlling

• Strategic Controlling (2 ECTS)
• Operational Controlling (2 ECTS)
• Controlling of Multinational Enterprises (2 ECTS)

Consulting

• Consulting Instruments (2 ECTS)
• Management of Consulting Projects (2 ECTS)
• Consulting Project/Tender Pitch (2 ECTS)

2nd Language

• French 5/Spanish 5/Italian 5/German 5 (1 ECTS)

THESIS (11 ECTS)

7th Semester

Optional semester abroad (Europe/overseas)

Teaching:

• Faculty: Experienced lecturers from the financial management and business world.

Teaching Methods:

• Hands-on consulting projects
• 
  
• Workshops
• 
  
• Direct exchange with the business world
• Practical projects
• Internships in Germany or abroad

Careers:

Potential Career Paths:

• Financial managers
• Investment and banking sector
• Insurance companies
• Corporate finance functions
• Management positions

Outcomes:

• Acquire business knowledge and understanding of global financial markets
• Develop problem-solving skills
• Gain insights into various companies and fields of work
• Prepare for a career in international financial management

Other:

• Program Focus: Combines classic management and economics principles of business administration studies with extensive knowledge on the management of the financial sector.
• Key Subjects: Principles of finance, accounting, financial products, global capital and financial markets, corporate finance, financial management and reporting, mergers and acquisitions, international financial reporting.

Program Highlights:

• Compulsory internships in Germany and abroad
• Interesting hands-on consulting projects
• Workshops
• Permanent contact with experienced lecturers from the financial management and business world
• Intensive language training in German, French or Spanish
• Integrated semester abroad at one of over 190 partner universities
• Optional second semester abroad
• Study in small learning groups

Program Benefits:

• High quality education with first-class teaching and unlimited state accreditation (FIBAA)
• Close to practice with 56 international & guest lecturers from the business world
• Strong internationality with students from 84 nationalities and 30% international students
• Network of more than 190 partner universities to choose for your semester abroad
• Personal teaching atmosphere
• Program Example: The text mentions a field trip to Deloitte's headquarters where students participated in the Deloitte Innovation Challenge, developing a digital product and strategic recommendations for action.
• Program Emphasis: The program emphasizes the importance of understanding the structures of the global financial markets and preparing students for a career in international financial management.