 | The subjects as well as their contents are regularly updated for each course.
Fundamentals of Finance
This course provides a conceptual introduction for executives on the following subjects: time value of money, risk and return in the portfolio theory, value at risk, fixed-income analysis, evaluation of options, futures and swaps.
This is a preparatory course held as a separate one-week module prior to the main part of the Executive Program.
Financial Environment
Fundamental developments in the economic, technological and legal framework which shape the finance industry will be discussed. Ethical issues are an important part in it as well. The participants will become familiar with the basic strategic options.
Regulatory and Legal Environment
Legislation plays a significant role in the financial system. This module introduces the latest developments in the field of regulation of banks, capital adequacy and money laundering and their implications for market participants, in step with actual practice and through analyzing group work.
Management Accounting and Control of Banks
Having completed this module, participants will be familiar with the most important instruments for the financial management and for the consolidated accounting of banks. This includes amongst others, profit contribution and activity based costing as well as asset and liability management.
Retail Banking
Financial services are understood to include retail banking as well as bancassurance. In addition to illustrating strategic developments in this field, emphasis is placed on bank marketing with issues such as pricing, product management and customer segmentation policies, and multi-channel management.
Private Banking
Current strategic upheavals threatening the future of private banking will be illustrated and discussed. Specific issues such as financial planning and estate planning will be explained as well as the new management challenges arising from regulatory developments.
Asset Management I
Building on the mathematical concepts in finance introduced in the preparatory course, aspects of modern asset management will be discussed in more detail. This includes the classical models of modern portfolio theory, CAPM and APT as well as the investment decision process, portfolio insurance and pension fund management.
Corporate Finance
Starting with key issues of corporate financial policy, the module leads to complex problems of company evaluation, mergers and acquisitions and IPO's. This module also includes a more detailed analysis of the functioning of capital markets.
Commercial Banking
This module will provide a wide-ranging overview of the commercial credit business. New developments in the areas of rating analysis, option-theoretical pricing, credit risk management and credit work-out will discussed.
Risk Management
This module covers all aspects of risk management in the financial industry such as the management of market risk, credit risk, operational risk, global risk as well as asset and liability management. We put great emphasis on an integrated perspective of this complex topic.
Asset Management II
The global structure of the markets and in particular the future tendencies in the European market will be analyzed. The functioning of international secondary markets will be discussed. We will then study global developments of stock markets and also the structuring of OTC-products.
Corporate Development
This course focuses on human resources and change management issues. Basic insights into the behavioural and organizational structures provide necessary insights for a successful corporate development.
Banking Operations
The banking industry value chain is going through a continuous process of change. Current developments in outsourcing and offshoring are being introduced with participants analyzing how the strategic consequences affect their own institute.
Strategy Implementation
A focus on the business strategy is essential especially in the ever changing environment. There is a discussion about the application of strategy concepts, their development and implementation.
Strategic Banking Simulation
In this interactive bank management simulation based on a PC, participants will apply their theoretical knowledge, acquired in the previous modules, in an integrated manner. The results of their decision-making in the field of asset and liability, risk management, marketing etc. can thereby be graphically illustrated.
Download brochure (Acrobat Reader software required)
To get more information on the Executive Program you may download the following pdf-brochure.
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