IBF 2 - Banking Supervision and Regulation

The course adresses students in the International Business and Finance program who are excempt from studying abroad (or participate in a 4-semester double degree program).

Learning from a history of financial crises - and refering to the cases from our Financial Market Decisions Class in the first term -, students understand the need for financial supervision and regulation on a global scale. They are able to critically reflect the shortcomings of former regulatory approaches (“lessons learned” from the past). Students acquire a thorough picture of today’s national and supranational supervisory authorities and institutions involved in the process of financial supervisory and regulatory standard-setting. Students understand the different pillars of today’s regulatory and supervisory framework ("Basel III") and are able to develop recommendations for further improvement. They understand the need for market regulation and are able to describe the major elements of MAR (Market Abuse Regulation).

By deeply researching and analyzing the financial situation of a major global bank, students understand the effect of the regulations which were developed and refined over the last 20 years. They learn to interpret published financial statements and understand the limitations of interpreting financial statements following different accounting standards.

The grade will comprise of

  • A written exam
  • Up to 30% bonus points from the semester project
  • Up to 10% bonus points from Datacamp assignments

IBF2 Cross-Cultural Management

Welcome to the "Cross-Cultural Management Course "!

Content

This course examines the relationship between culture and management and exposes the complexities of management in international business. The course will focus on the basic psychological and sociological constructs that underlie the formation and maintenance of both international and business cultures. Special attention will be placed on the impacts of globalization and the various risks of international trade and their effects on the different business functions

Objectives:

You will be taken on an intercultural journey where you will :

  • acquire a deeper psychological and sociological understanding of culture formation.
  • grasp the basics of major cultural researchers and measurement models and learn how cultural frameworks influence ways of thinking and doing
  • gain an understanding of cultural dimensions
  • reflect on your own beliefs, values, and intercultural experiences
  • learn about stereotypes, prejudices, unconscious bias, and effective ways to mitigate them
  • adapt your behavior to communicate effectively in intercultural encounters
  • analyze intercultural misunderstandings
  • develop strategies for dealing with intercultural misunderstandings and coping with Culture Shock.
  • understand risks and precautionary measures of international business and the impact of globalization on culture and management.
  • become competent in working in Diverse Teams 
  • familiarize yourselves with Diversity and Inclusion Management in Organizational Culture 
  •  develop Cultural Intelligence. 
Teaching and Learning: 
  •  Lecture: Literature presentation, discussion, explanation.
  • Classroom Workshops: Applying the learned concepts and tools (case studies). 
  • Student Presentations 

International Corporate Finance Guest Lecture

These guest lectures focus on a variety of issues in international corporate finance ranging from currency risk management to international valuation.