Basics of FIM

What it is about

You will receive an introduction to central financial topics (financial management, investment and risk assessment, value and portfolio management) as well as to the basics of information systems, programming and statistical data analysis. In the end you will be able to explain important financial products and processes, apply simple stochastic models, assess business information systems, and analyse data with common statistical learning methods in a high-level language (Python).

What you will be able to do

• Recognize fundamentals of financial management
• Understand principles of value and risk management
• Assess impacts of financial decisions on stakeholders
• Apply static and dynamic investment calculations
• Manage interest rate risks in investment decisions
• Know basic facts about stocks, bonds, options and portfolio composition
• Represent basic stochastic processes (Random Walk, Poisson, Brownian Motion)
• Analyze the role of Business Information Systems
• Process data with descriptive statistics, hypothesis tests, regressions and decision trees
• Implement data analyses practically with Python

What the module consists of

• Lecture with integrated tutorialsPresentation of topics and transmission of theoretical foundations
• Exercises / homeworkIndependent preparation and solving of practice problems for deepening

Teaching method

• Lecture (slides, whiteboard)Introduction and explanation of the topics
• Tutorials / exercise sheetsApplication and deepening of the material through tasks
• Case studies and software toolsPractical application of methods and tools