• International Financial Reporting Standards (IFRS): Components of financial statements, non-current assets and impairment as well as business combinations. IFRS and US financial reporting environment and financial analysis. Particular focus is on financial instruments, foreign currencies in financial statements, balance sheet analysis and accounting policy.
• Tax Law: Including group taxation, different legal forms and financing.
• Corporate Governance and Law: Corporate governance code, international developments in corporate governance and in-depthoverview on international law of contract.

Corporate Finance

• Asset Valuation and Pricing Contingent Claims: With a strong focus on return on invested capital and growth, estimating the cost of capital, trading and hedging strategies involving derivatives.
• Business Valuation and Investment Appraisal: Covering frameworks for valuation, calculating and interpreting results, using multiples for valuation and options and their applications to capital budgeting (real options).
• Financial Engineering: Covering the valuation of bonds, forwards and futures, focusing on the valuation models for options and swaps, trading strategies of options, application of real options.
• Mergers and Acquisitions: Focusing on take-over battles and the acquisitions process: due diligence and post-acquisitions integration and leveraged buy-outs, spin-offs and restructurings.
• Financial events across the corporate life cycle: Managing an IPO, going public and associated costs, stylized facts and theories of IPOs (asymmetric information, institutional and ownership theories).
• Treasury Management: Quality standards in treasury- and risk management, integrated risk analysis including value and cashflow- at-risk, portfolio approach for interest and currency risk management.

Controlling

• Value Management: Covering key concepts of value-based management and levers of management, analyzing and managing of value drivers.
• Reporting: Specific requirements of coherent management reports and presentations, value reporting with a strong focus on intellectual capital reporting.
• Planning and Budgeting: Target planning in strategy and functional planning, aligning target planning with balanced scorecard and value-based management, alternative concepts such as better budgeting and beyond budgeting.
• Corporate Risk Management: Including key elements of corporate risk management systems, implementation strategy of a corporate risk management.