• Experience in strategic policy formulation and implementation
• Experience in financial planning based on financial reports.
• Decision-making with limited information and time pressure.
• Understanding of holistic concept of strategy for the entire firm
• Understanding functional strategic concepts.
• Teamwork and cooperation
• Application of financial reports and cost accounting reportts to strategic decision making.

This course involves the practical application of strategic concepts to a business simulation.
Students will have to manage a fictional company based on financial documents and business reports.

Classroom Workshop: Applying the learned concepts and tools gained from strategic courses to business situation

• Simulation Manual
• Articles on strategic decision making

6 ECTS x 30 hours = 180 hours,  combined out of the following:

• Preparation Course
  3 Days * 3 hours = 9 hours
  Workshop
  4 days * 10 hours = 40 hours
• Preparation / homework / self-study: 5 days * 8 hours = 40 hours
• Time for exercises and group work: 15 weeks* 2 hours = 30 hours
• Semester project / presentation: 30 hours
• Exam preparation: 30 hours for report and presentaion

Prerequisite for exam
Attendance and participation in the strategic workshop

Weighting in Exam
Written Report: 100%