| Bank Stress Testing in Practice
ECTS: 10. Level: Master. Date: 17 July - 14 August (online exam included). Venue: Aarhus
Stress testing is occupying a prominent place in the risk management areas, macro-prudential regulation and financial supervision of banks and financial institutions. The course aims to provide a solid knowledge of stress testing methodologies using severe scenarios and a set of benchmark assumptions as an important tool to identifying, testing, and reducing vulnerabilities at banks. The participants will work on case studies during class time and will perform portfolio-level stress tests and sensitivity analyses in order to measure the potential impact of macro-economic challenging conditions on asset quality, capital adequacy and earnings and consequently testing the strength and resilience of portfolios, banks and financial systems as a whole in the worst scenarios and under sudden shocks. Course offered by Department of Economics. Course description.
Lecturer: Samuel Da Rocha Lopes, Nova School of Business and Economics, Portugal |  |
| Corporate Valuation
ECTS: 10. Level: Master. Date: 3-31 July (online exam included). Venue: Aarhus
The focus of the course is on understanding, evaluating and applying various approaches and methodologies to value a business or a firm, primarily for investment purpose. The course builds on the corporate finance concepts and attempts to establish a link between the conceptual framework for valuation and the practice of business valuation. In the process, the students will learn the critical aspects of applying the cash flow based and market based valuation techniques along with their contextual strengths and weaknesses. The insights will be built using the financial statements as well as identifying other sources of information. Course offered by Department of Economics. Course description.
Lecturer: Parvinder Kumar Arora, SP Jain School of Global Management, Singapore |  |
| Entrepreneurial Finance
ECTS: 10. Level: Master. Date: 17 July-14 August (online exam included). Venue: Aarhus
This course examines the corporate finance issues confronting entrepreneurial firms. The primary areas of study for the course are: financial forecasting, identification and evaluation of real options, assessment of financial needs, and valuation. This course is intended to be ‘hands on’ and provide a theoretical and practical framework useful for addressing typical financial issues of entrepreneurial ventures. Course offered by Department of Economics. Course description.
Lecturer: Frank Kerins, Montana State Univerity, United States |  |
| Game Theory
ECTS: 5. Level: Master. Date: 3-24 July (online exam included). Venue: Aarhus
Game theory is a popular subject and became a powerful tool for analyzing strategic interactions between players or decision making units. Players are decision making units, e.g. individuals, firms, workers, managers, countries etc. Game theory describes a strategic decision making processes. It analyzes situations in which players interact, and suggests strategies and solutions that are based on profit or utility maximizing concepts. Game theory is widely applied in management and social sciences, i.e., economics, political science, marketing, psychology etc. This course is a rather Applied Game Theory course and will concentrate on introducing the basic concepts and applies those concepts to economics and business applications. The main goal of this course is to provide a basis for a good understanding of the logical mechanics, provide good intuition and to apply tools to explain events. Course offered by Department of Economics. Course description.
Lecturer: Ralph Siebert, Purdue University, United States |  |
| Global Project Financing
ECTS: 10. Level: Master. Date: 3-31 July (online exam included). Venue: Aarhus
Structure does affect value! Project Finance provides an alternative to Corporate Financing and creates an important realistic laboratory to study capital structure, risk management, valuation, contracting, and corporate governance. The complex cases provide a bridge from Corporate Financial Theory to actual projects and financial practice. Course offered by Department of Economics. Course description.
Lecturer: Alan Frankle, Boise State University, United States |  |
| Online Social Network Analytics
ECTS: 10. Level: Master. Date: 17 July-14 August (online exam included). Venue: Aarhus
Social network analytics deals with extracting intelligence and value from information being exchanged over online social networks, such as Facebook, twitter and foursquare. We discuss concepts such as the wisdom of the crowds, herding, and opinion convergence in online social networks, focusing on how such phenomena impact businesses, the economy, personal relationships, and the society at large. Social network analysis techniques are introduced and real-life case studies are presented to illustrate the opportunities and challenges that arise when investigating our online presence and connectivity. Course offered by Department of Economics. Course description.
Lecturer: George M. Giaglis & Efpraxia Zamani, Athen Univerity of Economics and Business, Greece |  |
| Sustainable Development and Macroeconomics
ECTS: 5. Level: Bachelor. Date: 5-23 August (online exam included). Venue: Aarhus
The starting point of theory formation is the ethical idea of sustainability. It is based on obligations toward future generations and presupposes intergenerational equity. Concerning specific resources and services (e.g. fresh water, the atmosphere as a carbon sink, the wide variety of ecosystem) it is evident that continuing growth at this rate of utilization is unsustainable. In this course a simple world model is the basis for structuring a concept of sustainability. Analysts with different perspectives have applied criteria of sustainability which emphasize the ability of the economy to maintain living standards. Course offered by Department of Economics. Course description.
Lecturer: Dina Barbian, University of Erlangen-Nürnberg, Germany |  |
