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Business Economics

Module name (EN): Business Economics
Degree programme: Automotive Engineering, Bachelor, ASPO 01.10.2011
Module code: FT23
SAP-Submodule-No.: P242-0006, P242-0007, P242-0008
Hours per semester week / Teaching method: 4V (4 hours per week)
ECTS credits: 4
Semester: 5
Mandatory course: yes
Language of instruction:
Written exam 90 min.

[updated 30.09.2020]
Applicability / Curricular relevance:
FT23 (P242-0006, P242-0007, P242-0008) Automotive Engineering, Bachelor, ASPO 01.10.2011, semester 5, mandatory course
FT23 (P242-0006, P242-0007, P242-0008) Automotive Engineering, Bachelor, ASPO 01.10.2015, semester 5, mandatory course
FT23 (P242-0006, P242-0007, P242-0008) Automotive Engineering, Bachelor, ASPO 01.04.2016, semester 5, mandatory course
FT23 (P242-0006, P242-0007, P242-0008) Automotive Engineering, Bachelor, ASPO 01.10.2019, semester 5, mandatory course
60 class hours (= 45 clock hours) over a 15-week period.
The total student study time is 120 hours (equivalent to 4 ECTS credits).
There are therefore 75 hours available for class preparation and follow-up work and exam preparation.
Recommended prerequisites (modules):
FT01 Engineering Mathematics I
FT05 Engineering Mathematics II
FT14 Fundamental Principles of Automotive Engineering
FT15 Engineering Mathematics III
FT18 Numerical Mathematics and Numerical Simulation

[updated 16.12.2013]
Recommended as prerequisite for:
Module coordinator:
Prof. Dr. Jörg Hoffmann
Diplom Betriebswirt (FH) Christian Antony

[updated 16.12.2013]
Learning outcomes:
After successfully completing this module, students will:
be able to explain the basic concepts of business economics, have an overview of the sub-areas of this discipline and will be able to present and evaluate operational processes.
- have a basic understanding of business management, strategic and operational planning, business organization
- be familiar with the basic principles of the above mentioned areas
- be able to apply the principles and instruments from the various sub-areas to simple business cases
- be able to make initial conclusions about simple entrepreneurial questions by applying the principles and instruments introduced in the course.

[updated 30.09.2020]
Module content:
1. Tasks of the economy
2. Legal forms for businesses
3. Financing a company
4. Corporate controlling with cost and performance accounting
5. Budgeting of costs and revenues in projects
6. Founding a company
7. Business economics in the automotive sector
9. Current economic topics from the daily press

[updated 30.09.2020]
Teaching methods/Media:
Lecture with exercises, short student presentations, a business simulation game, exercises
Selected topics will be explored in greater depth within the framework of a corporate project.

[updated 30.09.2020]
Recommended or required reading:
- Jürgen Müller - Betriebswirtschaftslehre der Unternehmung
- Andreas Daum, Wolfgang Greife, Rainer Przywara - BWL für Ingenieure und Ingenieurinnen
- Wolfgang Vry - Materialwirtschaft im Industriebetrieb

[updated 30.09.2020]
[Sun Jul  3 12:49:07 CEST 2022, CKEY=fb, BKEY=fz, CID=FT23, LANGUAGE=en, DATE=03.07.2022]