W338: Corporate Planning & Management Control

Dear students,

Welcome to this course. 

Kind regards,

Prof. Sattler

This OPAL course is for winter term 2024/25.

I hereby say welcome to you in my lecture. You will learn a lot which implies that you will work a lot in my course.

Please subscribe to my course (see tab “enrollment/Einschreibung”) and have a thorough look at my Forum posts (see tab “Forum”).

Enrollment (and, thus, access to the forum) will not be possible before 23 September 2024.

Until then, I ask for your patience. Any of your questions will not be discussed now, but in the first teaching session (see link to online lessons in the OPAL "Forum" ). 

Until then, I ask for your patience. Any of your questions will not be discussed now, but in the first teaching session (see link to online lessons in the OPAL “Forum”).  You will find a lot of information with regard to my course and homework for the first, second, third lecture week already in the OPAL forum. So definitely, have a thorough look and work your way proactively through the material provided, especially prepare the homework for the 1^st  week, the 2^nd week, and the 3^rd week.

Suppose you unsubscribe from this OPAL course again during the semester. In that case, I advise you to do the following in addition to unsubscribing so that after you unsubscribe, you will no longer receive subscriptions to reminder emails that new posts are posted in the forum or that new files are available: in the upper right corner click on the triangle next to your own name -> News -> Manage subscriptions -> Select course and unsubscribe.

Thank you!

Kind regards, Prof. Sattler

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Some preliminary annotations:

Several appointments will be canceled due to a planned operation.

·         There will be no videos of my course.

·         The whole course will be conducted in English. That relates also to your group work

·         You acknowledge that recordings are not permitted and will be prosecuted.

Contents of the course during the semester:

·         introduction to management control (a lot of slides)

·         financial analysis of companies

·         you will prepare a financial plan/Business Case of a fictive business XY

·         that requires a lot of steps:

·         analyze your product to evaluate prices and quantities that you will sell

·         analyze your cost structure to plan cost items

·         analyze the risks and opportunities of your business

·         ........

--> during the semester you will present your findings in our video conferences, on a weekly basis

Grading:

There will be TWO COMPULSORY assignments, that are not interrelated, during the course of the semester

·         1st element: non-graded, as an OBLIGATORY pre-examination performance/ “Prüfungsvorleistung” (prerequisite for 2nd element): paper of 10 pages (plus 10 min presentation) (“Beleg”) in English about analysis of a REAL WORLD SUCCESSFUL COMPANY AB (e.g. John Deere) that I assign to you in November (paper and presentation due in December)

·         2nd element: a graded project which consists of a FINANCIAL PLAN/BUSINESS CASE of a FICTIVE BUSINESS

Communication:

Given several incidents in the last two semesters, I want to stress the following point which is ABSOLUTELY ESSENTIAL: Any email that I write to you has to be answered by you immediately. If this is not the case, you CANNOT PARTICIPATE in my course any more which means I will definitely and ultimately take you out of the course.