The major Controlling prepares students for the typical commerical duties of economic corporate management. The students get to know the theoretical concepts of controlling in detail by means of practical examples and case studies. In addition, the students deepen their understanding about the classical instruments of controlling and external accounting. The lectures are structured in three mandatory modules with four semester hours each and up to three mandatory electives.

Occupational Image and Chances on the Job Market

Potential job roles for graduates are in the management accounting and controlling of enterprises and SMEs in the industry, retail, banks as well as public institutions. Further opportunities for a job entry can be in the field of consulting and auditing.

The chances on the job market are very good due to the broad field of operation and the classical economic focus. Even in times of crisis, controller are demanded.

Structure

Module C1: Strategic Controlling

• Basics of strategic management
• Tools of strategic controlling
• Field trip and case study

Module C2: Operational Controlling

• Basics of controlling and the classical controlling cycle
• Integrated corporate planning
• Organisation of controlling: budget, management by objectives, center-concepts
• Reporting: From performance measurement systems to performance measurement
• Modern approaches in cost management: benchmarking, target-costing, life-cycle-management, business process optimization
• Case studies

Module C3: International Reporting and Audit

• International reporting and harmonisation of reporting
• Accounting and valuation of selected balance sheet items accorindg to IFRS
• Functions and instrument of a balance sheet analysis
• Legal and economical basics of auditing
• General instruments of chartered accountants

Elective Modules

• Project seminar in one of the offered major modules
• FW-elective courses, as for instance controlling with SAP, business planning, software-applications for controlling, planning- and control-systems