<?xml version="1.0" encoding="ISO-8859-1" standalone="yes" ?>
<document>
<title>Investment/Financing</title>
<cid>WIBASc325</cid>
<sapsubmodule>P450-0056</sapsubmodule>
<bkey>wi2</bkey>
<ctypes>
<hours>2</hours>
<type>V</type>
<hours>2</hours>
<type>U</type>
</ctypes>
<cp>5</cp>
<semester>3</semester>
<mandatory>yes</mandatory>
<language>German</language>
<exam>Written exam</exam>
<curriculum>
<curriculum_entry>
<cid>WIBASc325</cid>
<branch>Industrial Engineering</branch>
<semester>3</semester>
<mandatory_tag>mandatory course</mandatory_tag>
</curriculum_entry>
</curriculum>
<workload>
60 class hours (= 45 clock hours) over a 15-week period.The total student study time is 150 hours (equivalent to 5 ECTS credits).There are therefore 105 hours available for class preparation and follow-up work and exam preparation.</workload>
<prerequisites>
</prerequisites>
<prerequisitesfor>
<prerequisitefor>
<pfcid>WIBASc-525-625-FÜ26</pfcid>
<pftitle>Planning a Production Plant</pftitle>
</prerequisitefor>
<prerequisitefor>
<pfcid>WIBASc-525-625-Ing24</pfcid>
<pftitle>
</pftitle>
</prerequisitefor>
<prerequisitefor>
<pfcid>WIBASc-525-625-W5</pfcid>
<pftitle>Business Planning (Seminar)</pftitle>
</prerequisitefor>
</prerequisitesfor>
<convenor>Prof. Dr. Andy Junker</convenor>
<convenor-person-key>aju</convenor-person-key>
<lecturers>
<lecturer>Prof. Dr. Andy Junker</lecturer>
<lecturer-person-key>aju</lecturer-person-key>
<lecturer>Dipl.-Betr.W. Peter Huber</lecturer>
<lecturer-person-key>phu</lecturer-person-key>
</lecturers>
<objectives>Investment
After successfully completing this module students will: 
_	have a broad overview of the financially effective decision-making processes in companies. 
_	be able to explain the reasons for financing and investment transactions and the periodization of incoming and outgoing payment series
_	have mastered the common methods of static and dynamic investment calculation procedures, as well as other procedures (consideration of tax, useful life, uncertainty) and can apply these to operational decision situations.
_	be able to compare advantageousness based on the respective prerequisites and conditions of use

Financing:
After successfully completing this module students will: 
_	have a broad overview of the financially effective decision-making processes in companies. They will be familiar with the reasons for financing transactions and the periodization of incoming and outgoing payment series.  
_	will be able to calculate comparisons
_	will be able to name the most important instruments of external and internal financing
_	will be able to choose between different ways of financing
Students will be familiar with legal and tax design options and are thus able to make financing decisions in standard company situations with confidence
</objectives>
<content>Investment
A. Introductory remarks
1.	Terms
2.	Financial decision criteria
B. Static investment calculation methods
1.	Common characteristics of static methods
2.	Cost comparison calculation
3.	Profit comparison calculation
4.	Profitability calculation
5.	Static amortization calculation
C. Dynamic investment calculation methods
1.	Principles of financial mathematics
2.	Common characteristics of dynamic methods
3.	Net present value (NPV) method
4.	Annuity method
5.	Internal rate of return (IRR)
6.	Dynamic amortization calculation
D. Selected dynamic calculation methods
1.	Compound methods
2.	Determining the optimum life/the optimal replacement cycle
3.	Consideration of taxes/depreciation of money in preinvestment analysis
4.	Consideration of uncertainty

Financing:
1. Basic financial principles
2. Debt financing
2.1. Equity financing
2.1.1 of companies without access to the stock exchange
2.1.2. of companies with access to the stock exchange
2.2. External financing
2.2.1. Long-term external financing
2.2.2. Short-term external financing
2.3. Special forms
2.4. Derivative forms of equity and debt financing
3. Internal financing
3.1. Self-financing
3.2. Financing from depreciation and provisions
3.3. Financial planning and determining capital requirements
3.4. Financial analysis

The theoretical aspects of all topics will be presented and practiced in numerous exercises.
</content>
<media>Investment
Presentations will be held during the course. Lecture notes and practice exercises will be provided.

Financing:
Presentations will be held during the course. Lecture notes and practice exercises will be provided.
</media>
<literature>Investment
_	Bieg, Hartmut/Kußmaul, Heinz: Investition, 2. Auflage, Vahlen, München, 2009
_	Blohm, Hans; Lüder, Klaus; Schäfer, Christina: Investition, 9. Auflage, Vahlen, München, 2006
_	Kußmaul, Heinz: Betriebswirtschaftslehre für Existenzgründer, 7. Aufl., Oldenbourg Wissenschaftsverlag, München 2011
_	Olfert, K./Reichel, C.:  Investition, 11. Auflage, Kiehl Verlag, Ludwigshafen 2009
_	Perridon, L./Steiner, M./Rathgeber, A.:  Finanzwirtschaft der Unternehmung, 15. Auflage, Vahlen, München 2009

Financing:
_	Bieg, Hartmut/Kußmaul, Heinz: Finanzierung, 2. Auflage, Vahlen, München 2009
_	Hirth, H.:  Grundzüge der Finanzierung und Investition, München 2005.
_	Kruschwitz, L./Husmann, S.: Finanzierung und Investition, 6. Auflage, Oldenbourg Wissenschaftsverlag, München 2012
_	Olfert, K.:  Finanzierung, 15. Auflage, Kiehl Verlag, Ludwigshafen 2011
_	Perridon, L./Steiner, M./Rathgeber, A.:  Finanzwirtschaft der Unternehmung, 15. Auflage, Vahlen, München 2009
</literature>
<offered>
</offered>
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</document>
