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FACTS. Welcome event , winter term 19/20 Oct 11, 2019, 10 a.m. sharp. Welcome at the Business and Economics Department of Freie Universität Berlin!. stands for Finance, Accounting, Taxation & Supplements!. FACTS. Agenda Presentation of the professors Organizing your studies
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FACTS Welcome event, winter term 19/20 Oct 11, 2019, 10 a.m. sharp Welcome at the Business and Economics Department of Freie Universität Berlin! stands for Finance, Accounting, Taxation & Supplements!
FACTS Agenda • Presentation of theprofessors • Organizingyourstudies • Goingabroad • Other Information • AnyQuestions? page2
FACTS Presentation of the Professors • Prof. Jochen Bigus • Accounting and Controlling • Prof. Martin Fochmann • Business Taxation / Finance • Prof. Jochen Hundsdoerfer • Business Taxation • Prof. Andreas Löffler • Finance • Prof. Klaus Ruhnke • Financial Accounting and Auditing • possibly 1 additional Junior Professor in Managerial / Financial Accounting fromsummerterm2020 on page3
FACTS Agenda • Presentation of theprofessors • Organizingyourstudies • Goingabroad • Other Information • AnyQuestions? page4
FACTS Organizingyourstudies (1) • Master ofScience (no MBA) • Small classes • Getconnectedwitheachother • Quiteclosecontactswiththeprofessors • Interdisciplinarycourseprogramme • Study andexaminationregulation (Studien- und Prüfungs-ordnung): FACTS-Master homepage, Version asof June 2017 • Does not matter toomuchforexchange / Erasmus students • See especiallyannouncements of thechairs page5
FACTS Organizingyourstudies (2) • Presentation intheinternet • FACTS homepage: • http://www.wiwiss.fu-berlin.de/studium-lehre/master/facts/index.html • Homepage of Business and Economics Departmenthttps://www.wiwiss.fu-berlin.de/ page6
FACTS Organizingyourstudies (3) • Compulsorycourses (54 – 60 CP) • 5 compulsory FACTS classes, usuallyin firstsemester (mostofthem in English) • eachwithexam • firstsemesterisvery time consuming • Recommendation: do not workmorethan 10 hours / week • 2 compulsorylawclasses in thirdsemester • noexamfor FACTS students, activeparticipationismandatory • Youneedtoattendminimum 2, maximum 3 seminars (Hauptseminar), from 2ndsemester on • Electives (30 – 36 CP) • Master thesis (30 CP) page7
FACTS Organizingyourstudies (4) • Example: study plan forthenextfoursemesters page8
FACTS Organizingyourstudies (5) • Fivecompulsory FACTS classes in thefirstsemester • Internationale Unternehmensberichterstattung (in German, Oct-Feb) • Performance Measurement and Incentives (in English, Oct-Dec) • Derivate und ihre Bewertung (in German, Oct-Feb) • Research Methods in FACTS (in English, Oct-Dec) • Steuerwirkungen (in German, Oct-Feb), TaxEffects (for international studentsonly, Oct-Dec) • Twocompulsorylawclasseswithoutgrading (in 3rd semester) • Gesellschaftsrecht (in German) • Allg. Steuerrecht or Bilanz- & Unternehm.steuerrecht (in German) • Next possibilitytoattendcompulsoryclasses: in winter 2020/21 page9
FACTS Organizingyourstudies (6) • Further advice • Youneedtoattend ≥ 2 seminars, fromthe 2nd semester on • Seminars aresometimes a bitscarce… • Seminar in a certainfieldisusuallyrequiredformasterthesis • Plan so far: page10
FACTS Organizingyourstudies (7) page11
FACTS Organizingyourstudies (8) • Exampleforcreating a „major“ in „Financial Accounting and Auditing“ • Internationale Unternehmensberichterstattung • Wirtschaftsprüfung • Financial Audit in Practice • Accounting of Financial Instruments • Hauptseminar Unternehmensrechnung und Wirtschaftsprüfung • Master thesis • In total: 60 creditpoints! Electivecoursesare not offeredeveryyear! page12
FACTS Organizingyourstudies (9) • Youarefreetorecognizecoursesfrom Humboldt University, Technical University or University of Potsdam • Couldbeusefulwhenthereis a lack ofcourses in fieldsthatyouareinterestedin • Asktheprofessor in chargeoftherespectivefieldhowthisispossible • But askbeforeattendingthiscourse • E.g., in ManagerialAccounting youmayrecognizethefollowingcoursesfrom Technical University Berlin • Wertorientiertes Controlling und Unternehmensbewertung • Sustainable Management and Control page13
FACTS Organizingyourstudies (10) • Certificate in FACTS-Digitalisierung • Ifyoucomplete at least 3 out ofthefollowing 6 courses, you will earn a certificatewhichispossiblyuseful in practice: • Systementwicklung • Business Intelligence • Umsatzsteuer und Tax Analytics • Programmieren für Wiwis • Stata-Grundlagen & Statistics for Big Data • R-Grundlagen & Data Visualization in R • Onlythefirstthreeofthem (in Italics) also countaselectivesforthe FACTS-Master • See moredetailedinformation on the FACTS-Master homepage, „Studieninhalte“ page14
FACTS Organizingyourstudies (11) • Courses withoutgrading (18 – 30 CP) • At least 2 courses: • Allgemeines Steuerrecht orBilanz- und Unternehmenssteuerrecht (noexam, but activeparticipationrequired) • Gesellschaftsrecht (noexam, but activeparticipationrequired) • option: onecourse in economics (exam, only pass orfail), needtobeappliedfor in advance(whenselectingthecourse, form availablefrom Prüfungsamt), no subsequent switching • Student canrequestfor additional non-gradedcourseswhenfinishingstudies • onecourseif he/shefinishesstudieswithinfivesemesters, • twocoursesif he/shefinishesstudieswithinfoursemesters page15
FACTS Organizingyourstudies (12): Compulsorycourses in winterterm page16
FACTS Organizingyourstudies(13): Electives in winterterm page17
FACTS Organizingyourstudies (14) English-speakingcoursesoffered in winterterm 19/20, each 6 ECTS page18
FACTS Organizingyourstudies (15) • ToDo‘s • You check whetheryouhavetheknowledgetomeetthecourserequirements! • FACTS-brochure / moduledescriptions (study and examinationregulation) • Syllabus of courses • Askyourlecturer/professororseniorstudents! • Youneedto catch upifthereis a knowledgegap! • Whenyouhavequestions: ask Ms. Kunz (jessica.kunz@fu-berlin.de) orme • oraskthestudentrepresentatives: NilufarAkiljanovaand Maik Ott (nakiljanova@gmail.com, maik.ott@gmx.net) • orthe FACTS mentors: Carla Pöschel, Viviane Throl (carla.poeschel@fu-berlin.de, viviane.throl@fu-berlin.de) • Exchange students: ask Ms. Kunz orme page19
FACTS Organizingyourstudies (16) • ToDo`s • Opportunity of studying a semesterabroad • 3rdsemesterismostsuitable • Please check in advance (2nd semester) withtheprofessorswhichcoursesareeligible for beingrecognized at FU Berlin • Withregardto „Gesellschaftsrecht“ and „Allg. Steuerrecht“: • do them in thefirstsemesteror • find similarcoursesabroador • do similarcourses at Humboldt or Potsdam University in the 2nd semester • Currentpartneruniversities: • e.g., St. Gallen, HEC Paris, Bocconi (Milano), Tilburg, Peking University, Hebrew University page20
FACTS Organizingyourstudies (17) Coordination Prof. Jochen Bigus • Thielallee 73, room 206 • Tel. +49 30 838 52509 • Mail: jochen.bigus@fu-berlin.de Ms. Jessica Kunz • Mail: jessica.kunz@fu-berlin.de page21
FACTS Agenda • Presentation of theprofessors • Organizingyourstudies • Goingabroad • Other Information • AnyQuestions? page22
FACTS Ansprechpartner Fachbereich Wirtschaftswissenschaft International Office Sandra Hallscheidt Garystr. 21 Raum 128 Sandra.Hallscheidt@fu-berlin.de 030 838 525 48 wiwiss.fu-berlin.de/internationales
FACTS Service des International Office • Aufbau und Pflege von Austauschpro-grammen, die gezielt auf die Bedürfnisse des FACTS-Masters abgestimmt sind • Persönliche Beratung und Betreuung der FACTS-Studenten bei Fragen zum Auslandsaufenthalt • Information über die Bedingungen an den Partnerhochschulen • Administration der ausgewählten Studierenden für die Partnerhochschulen • Betreuung von Nominierung bis Rückkehr
FACTS Mit FACTS ins Ausland • Wann? im 3. Semester • Wohin? • 15 renommierte Partner • Österreich, Schweiz, Norwegen, Frankreich, Italien, Belgien, Niederlande, Portugal, Slovenien,Großbritannien, China, Taiwan, Israel • Auswahlkriterien: Klausur in den fünf FACTS-Pflichtmodulen, Notenschnittbesser als 3,5 • Informationsveranstaltung 31. Januar 2020 10-11.30 h R 013, Thielallee 73
Partneruniversitäten Goingabroad (4) • Leopold-Franzens-Universität Innsbruck, Österreich • Universität St. Gallen, Schweiz • Universität Fribourg, Schweiz • Universität Lausanne, Schweiz • Handelshochschule Bergen (NHH), Norwegen • HEC Paris, Frankreich • UniversitàBocconi, Mailand, Italien • Universiteit Gent, Belgien • Universiteit Tilburg, Niederlande • UniversidadeCatólicaPortuguesa, Portugal • Universität Ljubljana, Slovenien • HebrewUniversity Jerusalem, Israel • Renmin Universität, Hanqing Adv. Institute ofFinance & Economics • Peking University, Guanghua School of Management • Peking University, School of Economics, China
FACTS Agenda • Presentation of theprofessors • Organizingyourstudies • Goingabroad • Other Information • AnyQuestions? page27
FACTS Other information (1) • Howtousethelibrary? • a guided tour at 1.00 p.m. • meeting in front ofthelibrary • Courses offeredbythelibrary on • …howtoeffectivelysearch for literature for yourmasterthesis, • …howtoeffectivelyusefinancialmarket and financialaccountingdatabases (e.g., Datastream, DAFNE), • …howtoeffectivelyorganisecitations in yourthesis. page28
FACTS Other information (2) • Awards • 2 prizes (1.250 and 750€) forbeststudentsgraduating in FACTS. • Prizesareawardedby Elze-Hilfe of Deutschen Anwalts- und Notarversicherung. • Wemeetafterwards in thecafeteriadownstairs page29
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The wayto a statisticalconsultation Statistical Consulting / fu:stat
Functions of Statistical Consulting Statistical Consulting / fu:stat
FACTS AnyQuestions? ? stands for Finance, Accounting, Taxation & Supplements!