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Investment and Financing


Module name (EN):
Name of module in study programme. It should be precise and clear.
Investment and Financing
Degree programme:
Study Programme with validity of corresponding study regulations containing this module.
Business Psychology, Bachelor, regulation 01.10.2026
Module code: BWP-303
SAP-Submodule-No.:
The exam administration creates a SAP-Submodule-No for every exam type in every module. The SAP-Submodule-No is equal for the same module in different study programs.
P470-0015
Hours per semester week / Teaching method:
The count of hours per week is a combination of lecture (V for German Vorlesung), exercise (U for Übung), practice (P) oder project (PA). For example a course of the form 2V+2U has 2 hours of lecture and 2 hours of exercise per week.
4VU (4 hours per week)
ECTS credits:
European Credit Transfer System. Points for successful completion of a course. Each ECTS point represents a workload of 30 hours.
5
Semester: 3
Mandatory course: yes
Language of instruction:
German
Assessment:
Written exam

[updated 09.11.2026]
Applicability / Curricular relevance:
All study programs (with year of the version of study regulations) containing the course.

BWP-303 (P470-0015) Business Psychology, Bachelor, regulation 01.10.2026 , semester 3, mandatory course
Workload:
Workload of student for successfully completing the course. Each ECTS credit represents 30 working hours. These are the combined effort of face-to-face time, post-processing the subject of the lecture, exercises and preparation for the exam.

The total workload is distributed on the semester (01.04.-30.09. during the summer term, 01.10.-31.03. during the winter term).
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.
Recommended prerequisites (modules):
None.
Recommended as prerequisite for:
Module coordinator:
Prof. Dr. Andy Junker
Lecturer: Prof. Dr. Andy Junker

[updated 22.05.2026]
Learning outcomes:
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
• be able to implement common methods of dynamic investment appraisal procedures as well as other procedures (taking into account taxes, useful life, uncertainty) and apply them appropriately to operational decision-making situations
• be able to compare advantageousness based on the respective prerequisites and conditions of use
   
Financing:
After successfully completing this module, students will:
• be able to present a broad overview of the financial decision-making factors in companies
• be able to compare advantageousness based on the respective prerequisites and conditions of use
• be able to name the most important instruments of external and internal financing
• depending on the maturity, they will be able to tap suitable sources of equity or external financing and select them according to the situation.
• be able to apply their knowledge of legal and tax structuring options and confidently make financing decisions in standard business situations


[updated 09.11.2026]
Module content:
Investment:
1. Basics
2. Dynamic investment calculation
    2.1 Net present calue method
    2.2 Annuity method
    2.3 Internal rate of return (IRR)
3. Selected problems regarding investment decisions
    3.1 Effects of taxation
    3.2 Optimal service life
    3.3 Optimal replacement time
    3.4 Uncertainty
4. Determining an investment program
   
Financing:
1. Basics
2. Debt financing
    2.1 Deposit and equity financing
    2.2 External financing
3. Internal financing
    3.1 Financing from sales revenue
    3.2 Financing through asset restructuring and rationalization
4. Capital structure and debt policy
    4.1 Optimizing the vertical capital structure
    4.2 Financing rules for the horizontal balance sheet structure
5. Financial planning
   
The theoretical aspects of all topics will be presented and practiced in numerous exercises.


[updated 09.11.2026]
Recommended or required reading:
Investment:
• Bieg, Hartmut/Kußmaul, Heinz: Investition, aktuelle Auflage
• Olfert, K./Reichel, C.:  Investition, aktuelle Auflage
• Perridon, L./Steiner, M./Rathgeber, A.:  Finanzwirtschaft der Unternehmung, aktuelle Auflage
   
Financing:
• Bieg, Hartmut/Kußmaul, Heinz: Finanzierung, aktuelle Auflage
• Kruschwitz, L./Husmann, S.: Finanzierung und Investition, aktuelle Auflage
• Olfert, K.:  Finanzierung, aktuelle Auflage

[updated 09.11.2026]
 
[Sun Nov 15 00:34:51 CET 2026, CKEY=biufawp, BKEY=wpsy, CID=BWP-303, LANGUAGE=en, DATE=15.11.2026]