Treasury-Management

22B1826

Bachelor

English

5.0

only summerterm

1 semester

This module can be taken either as part of the specialization finance and control or as a supplementary module

This module will equip students to confidently carry out all relevant tasks of a treasury manager with respect to all short, mid, and long-term financing and investment decisions. Students will apply knowledge, concepts and tools of corporate finance, asset management and risk management to all relevant financial decisions in multinational corporation.

1. The finance function, capital market and market efficiency
2. Short term finance, working capital management and budgeting
3. Financial Instruments 
   3.1 Long term finance equity finance
   3.2 Long-term finance debt and hybrid finance 
4. Investment Appraisal: applications and risk 
5. Asset Management
   5.1 Portfolio selection
   5.2 Cost of capital  
6. International Corporate Finance
   6.1 Mergers& Acquisitions and foreign direct investments
   6.2 Management of interest and exchange rate risks 

The total workload for the module is 150 hours (see also "ECTS credit points and grading").

• Portfolio exam or
• Portfolio exam or
• Portfolio exam

The portfolio exam 1 covers 120 points and consists of one presentation (PR) and a one-hour written examination (K1). The presentation and the examination are weighted by 60 points each.
The portfolio exam 2 consists of 120 points and consists of a one-hour written examination (K1) and a final one-hour written examination (K1). Each K1 is weighted by 60 points.
The portfolio exam 3 covers 120 points and consists of two written examination (40 minutes) and one presentation (PR). The written examinations and PR are weighted by 40 points each. 

Presentation of the portfolio-exams: approx. 20-40 minutes

Written examination of the portfolio exams: in accordance with the valid study regulations

The requirements are specified in the respective lectures.

Ideally students will have completed or are simultaneously enrolled in the introductory module financial management. Having completed a class in financial accounting and/or statistics may also be beneficial but is not required

students will appreciate the opportunities of globalization and discern the role treasury management plays in managing exchange rate and interest rate risks and foreign direct investments.

Students will approach financing and investment decisions in a structured manner based on financial problem-solving skills such as investment appraisal, risk appraisal and cost of capital considerations

Students will internalize and critically reflect on the fundamental concepts of treasury management such as agency theory, the relationship between risk and return and shareholder value creation and management.

Students will make responsible and well justified financing and investment decisions, confidently using financial mathematical concepts and applying skills of modern portfolio building and selection and asset management.

Students will appreciate the opportunities of globalization and discern the role treasury management plays in managing exchange rate and interest rate risks and foreign direct investments.

Students can apply relevant knowledge and concepts of treasury management to their professional lives within any corporate setting as well as the realm of private finance. This course sustainably enhances financial decision making in all areas. 

This module is related to the further modules of the specialisation "Finance and Control".

• International Management, B.A.

• Kruth, Bernd-Joachim

• Kruth, Bernd-Joachim