Bachelor

 

The following list is only to be understood as a current planning status! A binding event overview can be found in RWTHonline.

Course

WS 2019/2020

SS 2020

Decision Theory

x

-

Financial Services

-

x

Contact

Phone

work
+49 241 80 96996

Email

E-Mail
 

Decision Theory

The course Decision Theory deals with the decision-making behaviour of people. The students learn how people decide and how they should decide. Methods and tools, especially the self-developed Entscheidungsnavi, are introduced to prescriptive decision theory, which can be used to help decision makers make rational decisions. An important focus is on the mediation of a number of decision errors that can arise through intuitive processes. During the last years, a bonus task was offered within the event, which led to a grade bonus of 0.3 or 0.4 in the examination if the participant participated successfully.

 

Contact

Phone

work
+49 241 80 96382

Email

E-Mail
 

Financial Services

The event will give an introduction to the financial services industry. On the one hand, the benefits of financial intermediaries in an economy will be outlined from a theoretical perspective. The financial crisis and its impact on regulation will be highlighted, as well as the development of monetary systems and the role of central banks and money creation itself will be explained. On the other hand, the range of services offered by banks and insurance companies as a whole is presented from a more practical perspective. Some services will be discussed in more detail, for example investment advice and asset management. Within this framework, students are given an overview of the various forms of investment and the market for investments is analysed.

After successfully completing and passing the written examination at the end of the semester, the students are to

  1. have a basic understanding of the financial sector,
  2. understand the interdependencies in the management of a bank and in asset management,
  3. be able to evaluate success strategies in business models of the financial sector.
 

Contact

Phone

work
+49 241 80 96995

Email

E-Mail
 

Seminar

In this course students learn how to write a scientific paper. At the beginning of the seminar there is a block event in which the students are familiarized with the theoretical basics of scientific writing, literature research, scientific citation and the time planning of a scientific project.


Subsequently, students will be assigned topics to which they can apply the basics in practice. At the end of the seminar, the students will have written a term paper of approx. 15 pages. The homework is prepared step by step and in consultation with the supervisors. The results of the seminar paper are presented by the students in a (graded) final presentation.


After completion of the seminar, the students are able to write a scientific paper and present it to a specialist audience.The topic of the compulsory seminar changes with each new seminar and is oriented to current research. The current topic is:


"Decision optimisation through decision support systems".


Every day, people make a multitude of decisions that differ greatly in their relevance and complexity. Decision support systems (DSS) are increasingly being used in business and private environments with the aim of better structuring decision-making situations and optimising decisions as a whole.


In the context of this seminar the tool decisionnavi developed at the chair will be discussed, this tool will be compared with other scientific DSS and further development possibilities for the decisionnavi will be developed.