BSc Program - Course descriptions

Introduction to Business Administration (Utz Schäffer), 1. sem., 3 ECTS, German / English

This course covers the central topics and theories of business administration. It provides a basic understanding of the fundamental principles and management-specific skills within the discipline enabling students to develop basic economic expertise. Furthermore, the global business environment is taken into consideration. Students learn effective teamwork and responsible leadership, and are introduced to the critical thinking and problem-solving skills required by different corporate functions. Finally, we look at the roles of strategy, innovation, and organization in corporate development.

The course is taught by various WHU faculty members who contribute expertise from their respective fields. Professor Schäffer introduces the fundamentals of strategic management and corporate governance, supported by interactive discussions.

Management Abroad Shanghai (Lukas Löhlein), 2. sem., 3 ECTS, English

The Management Abroad Course to Shanghai combines the advantages of a traditional seminar on international business with those of site visits and exposure to the relevant national and cultural context - in our case Shanghai/China. The preparations for the course begin in Vallendar. The trip itself lasts 12 days.

Management Abroad Pearl River Delta (Marko Reimer), 2. sem., 3 ECTS, English

The Management Abroad Course combines the advantages of a traditional seminar on international business with those of site visits and exposure to the relevant national and cultural context - in our case the Pearl River Delta, China. The preparations for the course begin in Vallendar. The trip itself lasts 12 days.

Cost Accounting (Jürgen Weber/Leona Wiegmann), 3. sem., 3 ECTS, German/English

Management Accounting - and especially Cost Accounting - is traditionally one of the core elements of business administration studies. Information on costs and sales are at the heart of business decisions. Accounting can be seen as an "economic language" which should be mastered by every business manager. The aim of the course is for students to learn this language.

Controlling (Jürgen Weber/Erik Strauß), 3. sem., 3 ECTS, German/English

This course provides a basic understanding of management accounting and control and the tasks performed by controllers in the areas of information supply, planning and control. The students learn what management accounting and control is and what controllers do, and are then introduced to the main management accounting tools, such as performance indicators, transfer pricing and budgeting. Furthermore, the students are able to recognize the uses and limitations of these instruments.

Structured Problem Solving (Utz Schäffer), 4./5. sem., 6 ECTS, English

During the course you will work on a case study for a medium-sized company. Doing so, you will learn how to approach a problem solving process and the communication of your results in a structured way. The work on the case study and two lectures complement each other. In the case study, information is not given upfront as a package to be analyzed by your team, instead you will collect information actively and decide what is important for your work. In addition, interaction with the faculty is not limited to the lecture and your final presentation, instead you will conduct interviews and present preliminary findings. Both may alter the course of your analysis. Finally, intensive and timely feedback is a key element of the course. Feedback is not limited to your final grade, instead we will provide immediate feedback after each interview and each presentation.

Development of Controlling (Jürgen Weber), 4./5. sem., 3 ECTS, German

This course will cover the establishment of controlling in management as well as its development towards business partnering. Theories motivated by economic rationales fall short in explaining this progress so that they may need to be supplemented by psychological and sociological perspectives. The interplay of those different viewpoints not only furnishes a comprehensive explanation of the development, but also provides you with insights into conceptual ways of thinking which up to this point have not been covered in the curriculum of the Bachelor’s program. Professor Weber can look back on many years of experience in research on controlling, and has succeeded in bridging theoretical knowledge and practical relevance in manifold empirical studies.

Finance Function Challenges (Edgar Ernst), 4./5. sem., 3 ECTS, German

In this course, you will acquire comprehensive insights into the portfolio of tasks in the finance function from a practice-oriented viewpoint. Examples from numerous research studies will be used to highlight the bundle of tasks of the CFO. Moreover, Professor Ernst can illustrate many specific aspects from his own experience: he served as CFO of Deutsche Post AG from 1992 to 2007, and currently holds the position of President of the German Financial Reporting Enforcement Panel (FREP). Beyond that, he is a member of the supervisory board of several leading companies.

Introduction to Research and Academic Writing (Leona Wiegmann), 4./5. sem., 3 ECTS, English

The seminar intends to provide students with a basic understanding of the scientific approach in management science. This includes the acquaintance with different epistemological concepts, the knowledge about different ways of conducting research, and the awareness to challenge implicit and explicit assumptions. Moreover, students shall be enabled to present arguments in a well-structured manner and to write in a reflective, critical, precise, academic style.

Case Studies in Management Accounting and Control (Marko Reimer), 6. sem., 3 ECTS, English

The objective of this course is to introduce students to the main management accounting instruments and how to apply them. The students learn the practical application of these instruments in the course of case studies as well as their theoretical foundations. The scope and limitations of the instruments are critically reviewed. Furthermore, the students learn the basic techniques of structured problem solving.