The course’s objective is to teach students about the basic methods of investment calculation and common financial instruments. Moreover, students will learn to make investment decisions based on these methods and know about the weaknesses these methods entail, particularly with regard to sustainability. Furthermore, students are enabled to evaluate pros and cons of financial instruments, to calculate costs of capital, to optimize decisions on capital structures and to detect disincentives, which are induced by finance.
The first part of the course provides an overview about common terms and methods used in investment and finance. In particular, these include the calculation of interest and annuities. Furthermore, static and dynamic methods of investment calculation are discussed. Emphasis is put on the weaknesses these methods entail, particularly with regard to sustainability. Moreover, simultaneous investment and consumption decisions are analyzed by means of theoretical models. The second part of the module presents typical characteristics of financial instruments. Further issues are liquidity protection, costs of capital and the capital structure. In particular, the disincentives, which finance induces and possible solutions for these are discussed. Thereby ways of internalizing externalities in order to increase sustainability are depicted.
All content and information for the current event will be provided in the ISIS course: Investition und Finanzierung (ABWL II) SoSe 23.
Lecture: Wednesday 10-12 a.m., H 105, Professor Dr. Hirth, start 18.10.23.
Tutorials: Dates will be announced in the ISIS course, one date selectable, N.N. (follows) and tutors, start expected 10/30/23
All further information are available in the associated Investition und Finanzierung (ABWL II) [WiSe 23/24].
All content and information for the current event will be provided in the ISIS course: Investition und Finanzierung (ABWL II) [WiSe 23/24].
Professor Dr. Hans Hirth is the head of the Chair of Finance and Investment. He is responsible for the module and the associated examinations.
If you have any questions regarding the content of the event, please contact the responsible teaching and research assistants.
Our tutors are also available to answer questions about content, especially tutorials: student assistants
Investment and Finance is a required module for the following study programs:
For all other study programs, the module is freely selectable. It is not subject to any restrictions or prerequisites.