Vergelijkbare opleidingen
Opleiding: Professional MBA Finance
Learning purpose
The Professional MBA Finance provides students with theoretical, analytical and practical tools to solve financial problems. Students will be provided with important concepts for personal, for bank and for corporate application. The instructors will put special emphasis on the practical implementation and application of the concepts.
The goal of this MBA is within the fields of Finance to broaden your horizon and by this to strengthen both your ability/skills and economic/financial intuition. With this broader horizon you are sure to maintain your flexibility on the labor market which allows you to react to future changes in the mainstream and the resulting shifts in the demand for Finance people. This is why we included modules like behavioral finance. Moreover, by this, our alumni can be used in a big variety of positions.
Target audience
- Bank treasurers, financial engineers, investment bankers, commercial or retail bankers, investment fund managers, venture capital managers, employees in insurance companies, private equity specialists
- Financial managers in non-financial companies (e.g. corporate treasurers, corporate finance managers, investor relations officers, traders, risk managers)
- Analysts, financial advisors, consulters
- Members of governments, employees in public services, in legal firms and in regulatory bodies, managers in international financial institutions and in central banks
Programme
Structure In the course of the part-time Professional MBA with specialization options, participants gain profound insights into core business subjects and a specific field or industry.
During the program, participants master the “Business Core” focusing on core business and management knowledge, techniques and leadership, while ensuring a maximum flexibility to foster their individual needs and ambitions during the “Specialization” modules.
Curriculum:
Business Core
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Managing People
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Managing Organizations
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Competitive Analysis and Strategy
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Data Analysis and Decision Making
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Financial Reporting
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Financial Management
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Operations Management
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Controlling
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Marketing Management
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Global Markets
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Information Systems Management
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Managerial Economics
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Entrepreneurship and Innovation
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Leadership
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Ethics and Corporate Social Responsibility
Specialization:
Investment Management
Module 1 deals with portfolio management, asset allocation and the valuation and management of selected financial instruments. Participants
encounter the term structure of interest rates, the bootstrapping technique, the management of interest rate risk (duration), credit risk
and the risk-return trade-off (e.g. Sharpe Ratio and Treynor Ratio).
Global Financial Innovation & Risk Management
Module 2 is composed of Financial Risk Management and International Finance. In part 1, students come into contact with payoff profiles of, portfolio strategies with and valuation of options, futures, forwards and swaps based on various underlyings. Part 2 includes the institutional facts of international financial markets, parities, the management of foreign exchange risk, carry trade strategies, the value of international diversification and the evaluation of international investment projects.
Corporate Finance
In part 1 participants examine various factors to be taken into account when optimizing corporate financial policy (e.g. capital structure, dividend policy). These include taxes, risk of insolvency, transaction cost and aspects of agency problems. Part 2 comprises special issues in corporate finance (e.g. corporate governance including optimal compensation schemes, or working capital management).
Business Valuation & Corporate Restructuring
Module 4 deals with business valuation and value creation by corporate restructuring. In part 1, participants learn to implement various techniques of business valuation (e.g. multiples, DCF methods) including the advantages and disadvantages of different methods in different situations - and valuation and management of flexibility in the company (real options). Part 2 focuses on how to increase shareholder value by corporate restructuring (including Mergers & Acquisitions, Leveraged Buy-Outs, Spinoffs or Equity Carve-Outs).
Behavioral Finance / International Residency [USA]
Module 5 complements the traditional view of finance outlined in Modules 1 - 4 with a Behavioral Finance perspective. In the light of existing anomalies on the capital market, part 1 describes and models different psychological effects and biases that influence human decision-making and provides potential behavioral financerelated explanations of existing capital market phenomena (like financial market bubbles, dollar-cost-averaging, the disposition effect and the ‘winner’s curse’ with mergers and acquisitions). This part also shows participants how to minimize the impact of psychological biases on their own decision-making. Part 2 (“Behavioral Corporate Finance”) applies this knowledge to corporate financial decisions, investigating both situations with rational managers reacting to irrational investors and situations with irrational managers (and rational investors).
Hot Topical Finance / International Residency [USA]
Module 6 is devoted to additional, up-to-date topics in finance. To ensure the absolute topicality of content, module 6 topics will be stipulated at short notice. Examples of possible topics include energy finance, liquidity risk, financial crisis management, the financial system in the CEE region or Islamic finance.
Computational Finance
Module 7 focuses on the implementation of the techniques learned in previous modules. The students will exercise to solve financial problems using Excel (Excel functions, Visual Basic etc.). In the final phase of the MBA program, participants compete against each other in a computer-based financial simulation.
Master Thesis
Entry Requirements
Application Requirements
To apply for the Professional MBA, you must meet the following requirements:
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Undergraduate degree, equivalent to a bachelor degree
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Minimum of three years of relevant work experience
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Proficiency of written and spoken English
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Completed application forms
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Curriculum Vitae
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Two letters of recommendation
Each Professional MBA participant is expected to have a personal computer and be familiar with MS Office software.
Admission Criteria
Students’ diversity is essential for the quality of the Professional MBA Program. Therefore, we carefully select all our MBA participants considering cultural and academic background, skills and work experience.
Examples of important criteria are:
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Solid career progression
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Management and leadership skills
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Ability to commit to a challenging program
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Interpersonal and communication skills
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A clear career vision
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Ambition and drive
The structure of the program and close collaboration in study groups encourages long-lasting business contacts and friendships.
Opleiding kerngegevens
“With this high-level program we want to prepare participants with an enthusiasm for Finance for a professional career in this field and help them to raise their market value on the highly competitive job market. For that purpose, the program combines practical relevance with sound theoretical foundation. This happens in a first-class international learning environment including a field trip to Harvard University and the Boston Financial Center.
The participants will accumulate on the one hand broad-based business knowledge and on the other hand specialized knowledge in Finance. A key asset of this program is the broad orientation of the Finance specialization. Besides all major fields in traditional, mainstream Finance, the well-structured program also covers non-mainstream topics such as Behavioral Finance.
Further value-added is generated by several components: First by a thoroughly selected excellent faculty that has been composed of professors at reputable international universities and industry experts, second by using innovative teaching and learning strategies, and third by the wide range of professional, personal and cultural experiences of the participants which enables stimulating discussions. Finally, due to the international provenance of the participants this program allows the participants to extend their international networks.”
WU Executive Academy