Core electives

In the second and third semester, students may design their individual curriculum according to their preferences and choose to focus on financial markets, corporate finance, institutions or methods.

The core electives of the MBF may be divided into four possible tracks:

Markets
Corporate Finance
Institutions
Methods

These tracks are supposed to give our students some guidance for their individual course selection according to their preferences. Of course, students are totally free in combining core electives from all the four tracks.

Track 1: Markets
Course	ECTS	Lecturer	Language	Term
Alternative Investments	4	Prof. Dr. David Oesch	E	Spring
Asset Pricing and Portfolio Choice	4	Prof. Dr. Andreas Käck	E	Spring
Derivatives	4	Prof. Dr. Manuel Ammann / Prof. Dr. Norman Seeger	E	Spring
Market Microstructure	2	Prof. Dr. Rico von Wyss	E	Spring
Institutional Asset Management	2	Dr. Ralf Seiz / Prof. Dr. Rico von Wyss	E	Spring
International Finance (Asia Compact)	4	Prof. Dr. Rico von Wyss	E	Spring
Price Dynamics in Energy Markets and their Interdependences	4	Dr. Florentina Paraschiv	E	Spring
Private Equity	2	Prof. Dr. Stefan Morkötter	E	Spring
Quantitative Portfolio Management (Europe Compact)	2	Dr. Michael Verhofen	E	Spring
Advanced Derivatives	4	Prof. Dr. Norman Seeger / Prof. Dr. Andreas Käck	E	Fall
Commodity Markets	2	Dr. Péter Erdõs	E	Fall
Fixed Income Instruments	4	Prof. Dr. Stephan Süss	E	Fall
Real Estate Finance	4	Prof. Dr. Jörg Baumberger	E	Fall
Energy Finance	4	Prof. Dr. Karl Frauendorfer / Dr. Michael Gratwohl	E	Fall
Behavioral Finance	2	Prof. Enrico de Giorgi, PhD	E	Fall
Pension Finance	2	Prof. Dr. Hans-Jürgen Wolter	E	Fall
Entrepreneurial Finance, Venture Capital and Economic Performance	4	Prof. Dr. Christian Keuschnigg	E	Fall
Current Policy Issues in International Macroeconomics and Finance	4	Signe Krogstrup, PhD	E	Fall
Internationale Makroökonomik	4	Prof. Matthias Lutz, D.Phil.	G	Fall
Expectations and Choice Behavior in Economics and Finance	4	Prof. Dr. Claudia Neri	E	Fall
Behavioral Game Theory: Strategic Interaction in Economics and Finance	4	Prof. Dr. Claudia Neri	E	Fall

Track 2: Corporate Finance
Course	ECTS	Lecturer	Language	Term
Mergers and Acquisitions	2	Prof. Yakov Amihud, PhD	E	Spring
Corporate Financial Management	4	Prof. Dr. David Oesch / Prof. Dr. Markus Schmid	E	Spring
Corporate Valuation	6	Dr. Marcus A. Hauser / Dr. Dirk Schäfer	G	Spring
Finanzielle Führung in der Praxis II	3	Dr. Dirk Schäfer	G	Spring
Performance Management in der Financial Services Industry	3	Dr. Olaf Hoffmann	G	Spring
Advanced Corporate Finance	2	Prof. Dr. David Oesch	E	Fall
Applied Corporate Valuation	2	Dr. Alexander Gradow	E	Fall
Business Forecasting	3	Dr. Oscar Treyer	G	Fall
Corporate Governance (Asia Compact)	4	Prof. Dr. Markus Schmid	E	Fall
Finanzielle Führung in der Praxis	3	Dr. Dirk Schäfer	G	Fall
Business Performance Management	3	Prof. Dr. Norbert Klingebiel	G	Fall
Tax Planning und Tax Accounting	3	Prof. Dr. Peter Athanas / Dr. Walter Jakob	G	Fall
Unternehmenskrisen	3	Dr. Dirk Schäfer	G	Fall

Track 3: Institutions
Course	ECTS	Lecturer	Language	Term
Asset Liability Management for Insurance Companies	4	Dr. Joël Wagner	E	Spring
Financial Insitutions Management	4	Prof. Dr. Martin Brown	E	Spring
Bank Treasury Management	2	Dr. Rudolf Duttweiler	E	Spring
Empirical Banking	4	Prof. Dr. Steven Ongena	E	Spring
Financial Regulation and Risk Management	2	Prof. Dr. Andreas Grünbichler	E	Spring
Insurance Operations	4	Prof. Dr. Martin Eling	E	Spring
Topics in Investment Banking	2	Dr. Andreas Mattig / Prof. Dr. Stefan Morkötter	E	Spring
Topics in Private Banking & Wealth Management	2	Prof. Dr. Beat Bernet	E	Spring
Rechnungslegung und Revision von Banken	3	Dr. Andreas Blumer	G	Spring
Business Game Risk Management and Insurance	2	Prof. Dr. Nadine Gatzert	E	Fall
Commercial Banking	4	Prof. Dr. Simone Westerfeld	E	Fall
Ethics of Financial Services	2	Prof. Dr. Thomas Beschorner	E	Fall
Theory of Risk and Insurance	4	Dr. Joël Wagner	E	Fall
Topics in Household Finance and Consumer Credit	2	Prof. Dr. Martin Brown	E	Fall
Cases in Financial Institutions Management	2	Dr. Stefan Jaeger	G	Fall
Finanzmarktrecht	4	Prof. Dr. Urs Bertschinger	G	Fall
Economics of Central Banking	4	Nicolas Cuche-Curti, PhD	E	Fall
Public Debt Management	2	Prof. Dr. Angelo Ranaldo	E	Fall
Secondary Markets for Credit Risk	2	Prof. Dr. Stefan Morkötter / Dr. Andreas Mattig	E	Fall
Systemic Risk	4	Prof. Dr. Angelo Ranaldo	E	Fall
Value Based Management in Insurance	4	Prof. Dr. Martin Eling	E	Fall

Track 4: Methods
Course	ECTS	Lecturer	Language	Term
Financial Modeling Workshop: Asset Allocation	4	Prof. Dr. Stephan Kessler / Prof. Dr. Stefan Süss	E	Spring
Computational Finance	4	Dr. Michael Schürle	E	Spring
Financial Econometrics	4	Prof. Dr. Stephan Süss / Peter Erdös, PhD	E	Spring
Financial Risk Management	2	Prof. Dr. Karl Frauendorfer	E	Spring
Advanced Mathematics and Statistics	4	Prof. Enrico de Giorgi, PhD / Prof. Dr. Francesco Audrino	E	Spring
Time Series Econometrics	4	Prof. Dr. Daniel Buncic	E	Spring
Econometric Methods for Derivative Instruments	4	Prof. Dr. Matthias Fengler	E	Spring
Microeconometrics	4	Prof. Dr. Michael Lechner	E	Spring
Financial Modeling Workshop: Derivatives	4	Prof. Dr. Manuel Ammann / Prof. Dr. Norman Seeger	E	Fall
Introduction to Baysian Econometrics	4	Prof. Dr. Daniel Buncic	E	Fall
Mathematics and Statistics - Part I: Mathematics	3	Prof. Dr. Heinz Müller	E	Fall
Mathematics and Statistics - Part II: Statistics	4	Prof. Dr. Francesco Audrino	E	Fall
Stochastic Modeling in Insurance	2	Dr. Roger Faust	E	Fall
Quantitative Aspects of Financial Regulation	4	Dr. Florentina Paraschiv	E	Fall
Quantitative Risk Management	4	Prof. Enrico de Giorgi, PhD	E	Fall