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    Business and CommunicationStudies in Denmark

    International Degree ProgrammesThree-year Bachelor ProgrammesTwo-year Master ProgrammesOne-year full-time Executive MBA Programme

    2011

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    InternationalFocus

    gROWTh InnOvATIOn SuSTAInABIlITy

    Aarhus School of Business,

    Aarhus University your qual-

    ity destination in selecting your

    future university

    AmOng ThE BEST BuSInESS

    SChOOlS In ThE WORlD

    ASB has been awarded the distin-

    guished EQUIS accreditation by EFMD.

    Especially our inspiring study environ-

    ment and structure of our international

    study programmes were decisive fac-

    tors in this achievement. This means

    that we are in the same league as for

    instance London Business School and

    INSEAD, France.

    We have close to 8,000 students and

    are one of the largest business schools

    in Europe. We have app. 1,200 interna-

    tional students enrolled in full degree

    programmes and as exchange students,

    and we cooperate with app. 200 part-

    ner universities around the world. Our

    international cooperation gives youunique opportunities to take part of

    your study programme abroad. 300

    researchers are ready to share the

    latest knowledge on the creation and

    development of companies and organi-

    sations.

    CAREER SERvICE

    AnD AlumnI nETWORk

    The ASB Career Service will help you

    fnd a student job or an internship in

    one of our many partner companies.

    Our Career Service is also ready to

    assist you in fnding your frst job

    when you graduate. After graduating

    you will join the ASB Alumni network

    giving you access to networks with

    all past alumni from ASB as well as

    offering you services tailor-made to

    suit you. Recently, ASB Alumni has

    set up international alumni chapters.

    ASB International Alumni Chapters

    are geographically based networks and

    communities for alumni which make it

    easier for alumni to stay connected with

    friends and ASB.

    OuTSTAnDIng InTERnATIOnAl

    STuDy EnvIROnmEnT

    ASB is in Aarhus a city with more

    than 35,000 students. As a student

    you can get direct inuence on your

    study programme and the overall

    development of the business school by

    being elected for the student posts inthe study committees and academic

    council.

    We are well-known for having the best

    study environment in Denmark as

    well as the largest and most active

    student union Studenderlauget with

    more than 3,000 members. The student

    union acts as the umbrella organisation

    for 25 different student associations

    and plays a very important and active

    role in the daily life at the school.

    Choosing a degree from Aarhus School

    of Business is choosing a university

    with world class research and educa-

    tion, growing a strong partnership with

    corporate business during your studies

    and an excellent investment in your

    future career goals.

    The choice is yours

    we look forward to

    welcoming you here

    at ASB!

    Bre Obe

    Dean, Head of School

    Iteratioa Deree ProraesWords from our Head of School2

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    Contents

    BACHELOR PROGRAMMES 5

    BA in Marketing and Management Communication 6

    BA Admission 9

    BSc in Economics and Business Administration 10

    BSc in Economics and Business Administration, General 14

    BSc in Economics and Business Administration, International Management 16

    BSc in Economics and Business Administration, Sustainability 18

    BSc Admission 19

    MA PROGRAMMES 21

    MA in Corporate Communication 22

    MA Admission 24

    MSC PROGRAMMES IN ECONOMICS AND BUSINESS ADMINISTRATION 27

    Logistics and Supply Chain Management 28

    Management Accounting and Control 30Information Management 32

    Finance 36

    Finance and International Business 38

    Strategy, Organisation and Leadership 42

    International Business 44

    Marketing 46

    Consumer Affairs Management 50

    EU Business & Law 52

    Business Intelligence 54

    International Economic Consulting 58

    Innovation Management 60

    MSc Admission 62

    MBA 65

    The Sustainable MBA 66

    ASB Gives You More Opportunities... 68

    ASB Career Centre 70

    ASB Alumni 71

    ASB Summer University 72

    Learning in an International Context 73Student Facilities 73

    Meet the Danes 74

    Practical Information 75

    Contact 75The content of this brochureis subject to change.

    Ieaia Degee Pgammes 3Ces

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    BA i Maeig ad Maageme Cmmicai

    BSc i Ecmics ad Bsiess Admiisai BSc i Ecoomics ad Busiess

    Admiisai, Geea

    BSc i Ecoomics ad BusiessAdmiisai, Ieaia Maageme

    BSc i Ecoomics ad BusiessAdmiisai, Ssaiabiiy

    BAChElor ProGrAMMES IntroDuCtIon to

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    This bachelor programme is an English-

    taught communication programme in-

    oling also the subject areas business

    administration and language The stud

    programme is international and ocuses

    on adertising, branding, PR and maret

    communication in an international context

    The study programme provides you with

    basic theoretical and practical tools

    for planning and implementing

    communications tasks within brand-

    ing, PR and marketing both internally in

    and externally for the company. You will

    be equipped to work on practical assign-

    ments such as creation and updating of

    websites, preparation of press releases,

    reports, product presentations, company

    proles, planning of international cam-

    paigns etc.

    lInkInG CoMMunICAtIon, BuSInESS

    ADMInIStrAtIon AnD lAnGuAGE

    The study programme places its main

    emphasis on communication and is

    designed so that the courses complement

    each other and integrate elements acrossthe subject areas. This means that the

    tasks and projects that you work on in

    the business administration and com-

    munication courses form the basis of and

    the framework for the teaching in the

    language courses. The language courses

    are therefore never considered isolated

    courses, but always in interaction with

    the other programme courses.

    StruCturE

    CoMMunICAtIon

    Textual and Visual Semiotics develops

    your skills in analysing and assess-

    ing various Internet-based and printed

    publications from or about international

    companies and organisations.

    Discourse Analysis enables you to sys-

    tematically and methodically analyse,

    assess and prepare text and image mate-

    rial that takes into account the functions

    and the sociocultural context of which it

    forms part.

    Communication Theory and Reception

    Analysis provides you with knowledge on

    the most important communication theo-

    ries and analysis methods used within

    media science, PR, marketing communi-

    cation etc.

    Organisational Communication gives

    you basic insight into an organisations

    communications needs and ow. You will

    learn to plan and solve communications

    issues internally in the organisation.

    Media provides you with fundamental

    insight into linguistic and communica-

    tive characteristics in selected media

    and media groups, and you will also be

    introduced to theories on social roles andfunctions in mediated communication.

    InPublic Relations, you are introduced

    to major PR areas and trained in work-

    ing with planning and execution of cam-

    paigns, events, and community and press

    relations.

    In Cultural Theory and Analysis, your at-

    tention is drawn to culture and cultural dif-

    ferences within company communication.

    InIntegrated Marketing Communica-

    tion, you learn about basic principles

    within international marketing manage-

    ment and communication. You will work

    with advertising concepts and learn to

    adapt and edit international advertising

    and marketing campaigns.

    In Corporate Journalism, the focus is on

    written communication in genres as well

    as the writing processes relevant to the

    corporate journalist, e.g. newsletter ar-

    ticles and proles as genres; editing and

    layout as writing processes.

    In Corporate Internet Rhetoric, the focus

    is on understanding theoretical perspec-

    tives on the Internet and using the theory

    as a basis for proposing technology-based

    solutions for a client, e.g. (re) designing

    web sites or creating PR campaigns using

    Internet capabilities.

    Scientic Corporate Communication gives

    you insights into academic and scientic

    writing structures. The course enables you

    to produce scientic genres, e.g. an anno-

    tated bibliography or a literature review.

    BuSInESS ADMInIStrAtIon

    Introductory Economics gives you in-

    sights into basic economic principles and

    their application and developments in anational and global context.

    Organisational Behaviourequips you

    with the basic principles and practices

    within organisational psychology and

    with knowledge on areas such as leader-

    ship, motivation, job satisfaction, job

    involvement and commitment as well as

    consumer psychology.

    Project Managementtrains you in project

    management and gives you practical expe-

    rience through relevant assignments. You

    are taught what role project management

    plays in the organisation; you gain insight

    into the structures of internal projects and

    the build-up of modern organisations.

    Bachelor of Arts in Marketingand Management Communication

    Ieaia Degee PgammesBA f As i Maeig adMaageme Cmmicai6

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    123

    Management Accounting enables you to

    use the tools of management account-

    ing for communication purposes both

    internally in a company and externally

    towards investors and stakeholders while

    complying with the rules of corporate

    governance.

    Marketing initiates you to the marketing

    steps from segmentation to distribution

    of products and services within both

    traditional areas and new areas such as

    e-trade.

    lAnGuAGE

    InBasic English Grammar, the aim is to

    give you a solid foundation for analysing

    English sentences and accounting for

    sentence-analytical issues with a view to

    strengthening your skills at solving gram-

    matical problems in text production.

    InAcademic Writing, the primary aim

    is to provide you with useful study tech-

    niques and methods in relation to reading,

    project writing and academic argumenta-

    tion. The course will provide tools for this

    work in the form of hands-on exercises

    and insight into different genres of aca-

    demic writing.

    In Communicative Grammaryou acquire

    a thorough understanding of English

    grammar, providing you with a better

    understanding of English.

    BA f As i Maeig adMaageme Cmmicai

    Ieaia Degee Pgammes 7

    1ST yEAR

    Idcy Ecmics

    tea ad Visa Semiics

    Basic Egis Gamma

    Academic Wiig

    Theor of Scietic Method

    Idci Bsiessogaisais

    ogaisaia

    Cmmicai

    Cmmicai tey

    ad recepi Aaysis

    Discse Aaysis

    Cmmicaive Gamma

    Cpae Jaism

    2ND yEAR

    Maeig

    Pbic reais

    Media

    Cpae Iee reic

    ogaisaia Beavi

    Maageme Accig

    Ca tey ad Aaysis

    Iegaed Maeig

    Cmmicai

    Scietic Corporate

    Cmmicai

    3RD yEAR

    ElECtIVES

    Pjec Maageme

    Baces tesis

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    JOB PROfILE

    te iceasig ieaiaisai ad

    lobalisatio of the compa oer both

    jb ad caee ppiies wee ew

    fcis emege ad ae iegaed i

    ew ways i cmpaies ad gaisa-

    is. Paig f adveisig, Pr ad

    maeig aciviies i a gba ce

    daws cmpeeces fm b e-

    eica ad pacica ecmic, igisic

    ad cmmicai discipies.

    te Bace i Maeig ad Maage-

    me Cmmicai sdy pgamme

    aims a e ieaia jb mae.

    Y may appy f psiis i iea-

    ia gaisais wi Egis as c-

    pae agage ad may becme pa

    f e ieaia adveisig, maeig

    ad Pr depames cmmicai

    ad badig depames f cmpaies

    ad gaisais.

    To me it is really motivating that the courses

    have an emphasis on group oriented work, as this

    will help me prepare for collaboration with col-

    leagues at a future work place. The relationshipthat I hae with m stud group is an importantactor that supports my well-being at ASB. They

    have become some of my best friends and whenI am together with them there is both time for

    serious thesis writing and hanging out at ASB.

    LEA MENSEL

    Student at the BA MMC programme

    Ieaia Degee Pgammes8 BA f As i Maeig adMaageme Cmmicai

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    You must full four criteria for admis-

    sion to the programme.

    The frst criterion is fullled if you

    hold a diploma from a secondary school

    recognized in Denmark for admission

    to further education. Your educational

    level should consist of at least 12 years

    of combined primary and secondary

    school training.

    The second criterion is sufcient

    English prociency. All applicants must

    document their English prociency. You

    must document your English language

    qualications comparable to the English

    A level in the Danish upper secondary

    school system.

    English language qualications compa-

    rable to an English A level in Denmark

    can be documented as follows:

    TOEFL test results of at least 600

    (paper-based), or 100 (iteret-based

    test). The Aarhus Uiersit TOEFL

    cde is 8935.

    IELTS test ith a miimum score of

    7.0 poits.

    Cambride Prociec Test

    C2 leel obtaied b eamiatio

    from a CEFR-alidated Elish

    agage cse

    Elish-tauht etrace eamia-

    tio (upper secodar school/hih

    school) or Bachelor's deree

    The third criterion is that you must

    document prociency in an additional

    language, other than your mother

    language and English. It must be at the

    level equivalent to the Danish A level,

    but only B level in cases of a continua-

    tion language.

    The fourth criterion is fullled if

    you have passed History or Political

    Science at the Danish B level, or a

    foreign equivalent thereof.

    The Aarhus University TOEFL code is

    8935

    APPlICAtIon

    The application deadline is March 15.

    Admission letters will posted in early

    May for applicants who need to apply

    for a Danish residence permit while

    admission letters for EU and Nordic

    applicants will be posted on July 29.

    Unfortunately, we do not have sufcient

    capacity for all qualied applicants.

    Therefore ASB will select the most

    qualied applicants. For this selection

    the following qualications will be con-

    sidered important:

    Stud/ork i a Elish speaki

    cy

    Aboe aerae prociec i Elish

    Releat ork eperiece

    Releat stud at uiersit leel

    tuItIon

    Tuition is free for students from EU/

    EAA/Nordic countries. Tuition fees

    will be charged from students of other

    nationalities. Tuition fees are 8,000

    per academic year. The fees are subject

    to change.

    hoW to APPlY?

    Apply online at www.optagelse.dk

    Admission Criteriafor the BA Programme

    At Chanel I am in charge of project management, communication with customers and the training of

    our retailers in the products and values of Chanel. The BA MMC programme has gien me a splendidunderstanding o a business as a whole which is a great adantage when ou communicate a brand

    I also communicate regularly with different types of media where I use a lot of the media insight gained

    at the BA MMC programme. I work closely with our ofces in France and in my department at Chanel

    we also employ other nationalities here my intercultural understanding is very helpful.

    kRISTINE MONRAD

    Brand Manager, Chanel

    Admissi Cieia Ieaia Degee Pgammes 9

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    On these pages ou will see the structure

    o the BSc(B) programme which consti-

    tutes the English-taught admission area

    in Economics and Business Administra-

    tion During our 2nd ear ou must

    choose 25 ECTS rom the line o interest

    ou hae chosen ater our admission;

    either Sustainabilit, International Man-

    agement or the General BSc(B) The ull

    BSc programme is made up o 180 ECTS

    The courses that are not ariant courses

    or courses characteristic o the general

    BSc(B) programme are ollowed b all

    students admitted to the BSc programme

    The BSc programme in Economics and

    Business Administration is a general

    bachelor programme in economics and

    business administration.

    The programme aims to give you a broad

    introduction to a number of economic,

    legal and organizational issues in the

    business community. Apart from busi-

    ness issues, the programme also consid-

    ers socioeconomic aspects and the joint

    interaction between economics and busi-ness administration.

    In specic terms, you learn to analyse

    the companys nancial problems and is-

    sues and develop business administration

    strategies. In addition, you learn about

    organisation, product development, sales,

    project management and innovation, and

    you obtain insight into the theories and

    methods used to understand companies

    internal and external relations.

    StruCturE

    BuSInESS ADMInIStrAtIon

    The BSc(B) programme places its main

    emphasis on the subject area of business

    administration, and the following subject

    areas are taught:

    Management Science, which comprises

    the fundamental business administration

    concepts and the use of models for ana-

    lysing and solving business administra-

    tion problems and issues.

    Philosophy of Science and Methodology,

    where the aim is to develop the students

    knowledge of the problems of business

    research philosophy and to give a deeper

    application-oriented and analytical in-

    sight into the methods of solving manage-

    ment problems in different areas of

    a business.

    Accounting which both looks into the

    companys internal accounts used for

    decision-making and control in the

    company and the companys external

    nancial statements which represent the

    companys results to the public.

    Organisation and Business Management,

    which treats topics such as managementand cooperation issues as well as HR-

    related issues and decision-making pro-

    cesses in the company.

    Marketing which treats topics such as

    demand, procurement and consumer

    behaviour, marketing, communication,

    competition and distribution issues.

    Finance,which looks into types of and

    conditions for nancing for the company.

    You also learn how capital is employed.

    The aim of the BSc(B) programme is to

    enable you to analyse and solve problems

    of the following types:

    Ho a compa ca maufacture i

    e ms pdcive mae

    Ho the compa athers ad pro-

    cesses acial data for use ad for

    bdges ad accs

    Ho the cooperatio ad the diisio

    f ab i e cmpay is gaised

    most ecietl

    Ho the compa es the prices of its

    gds

    Ho the compa oraises its sup-

    pl ad its sales eorts o the basis of

    mae eseac

    Ho the compa most ecietl

    acies capia f asses ad

    peais.

    EConoMICS

    The other main area of this study pro-

    gramme is economics.

    Economics is important because it affects

    the companies possibilities to such a

    large extent. Here, you work with theories

    on public revenue, production and em-

    ployment, balance of payments, exchange

    rate issues, credit and interest rate issues,

    as well as economic policy and foreigntrade. The subject area also comprises

    societys industrial structure, labour

    market issues, organisations etc.

    Micro and Macro Economics

    The main topics in micro economics

    are demand and supply, consumer

    behaviour, costs and supply (short and

    long run), pricing of goods and services

    under changing market conditions (per-

    fect competition, monopoly, oligopoly

    and monopolistic competition), welfare

    economics, economic efciency, factor

    markets, game theory and asymmetric

    information, externalities, environment

    and public goods. Based on this content

    and these topics the teaching draws on

    Bachelor of Science in Economicsand Business Administration, BSc(B)

    10 BSc f Sciece i Ecmicsad Bsiess Admiisai, BSc(B) Ieaia Degee Pgammes

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    microeconomic problems which are taken

    up for interpretation and discussion/

    analysis.

    In macro economics a simplied theoreti-

    cal description of a market economy is

    offered based on the development of pri-

    marily general models which are assumed

    to apply for a market economy. The cen-

    tral topics are macroeconomic variables

    (domestic product/national income, con-

    sumption, investment etc.), money and

    interest rates, equilibrium income, scal

    policy, monetary policy, aggregate supply

    and demand, wages, prices, employment,

    ination and unemployment, balance of

    payments and exchange rates, economic

    policy in an open economy.

    Descriptive Economics

    The main topic of the course is a descrip-

    tion of the central economic sectors of

    the Danish economy together with the

    institutions that inuences how the pri-

    vate sector works. This covers the overall

    economy and how the public sector is

    interrelated with the private sector, and

    how Denmark as such takes part in the

    international work sharing and in par-

    ticular the globalization process.

    toolS

    In the courseIT in Business, emphasis

    is placed on providing you with insight

    into commercial information systems and

    the control-related tasks that support the

    company.

    In addition, you are taught Commercial

    Law, with particular focus on the rules

    of law impacting business activities such

    as rules on conclusion of agreements and

    their legal effect.

    You are also taught the fundamental con-

    cepts, methodologies and techniques of

    123456

    BSc f Sciece i Ecmicsad Bsiess Admiisai, BSc(B)

    Ieaia Degee Pgammes 11

    1ST SEMESTER

    Bsiess Saisics I

    Maemaics

    Csig tey

    ad Capia

    Bdgeig

    Micecmics

    Basic Fiacial

    Accig

    It i Bsiess

    EACh CourSE:

    5 ECtS

    2ND SEMESTER

    Fiacial

    Accig

    opeais ad

    Sppy Cai

    Maageme

    Macecmics

    Descipive

    Ecmics

    Bsiess Saisics I

    Pispy f

    Sciece ad

    Medgy

    EACh CourSE:

    5 ECtS

    3RD SEMESTER

    Semia i

    Descipive

    Ecoomics/

    Vaia cses

    Ieaia

    Ecoomics/

    Vaia cses

    Maageme

    Accig

    MaagemeSciece Mdes

    Pispy f

    Sciece ad

    Medgy

    Fiace I

    EACh CourSE:

    5 ECtS

    4TH SEMESTER

    Idsia

    Oraisatio/

    Vaia cses

    Semia i

    Bsiess

    Ecoomics/

    Vaia cses

    Fiace II/

    Vaia cses

    ogaisaiaBeavi

    Pispy f

    Sciece ad

    Medgy

    Maeig

    Maageme

    EACh CourSE:

    5 ECtS

    5TH SEMESTER

    Semia i

    Maageme

    Accig

    5 ECtS

    Saegic

    Maageme

    ad ogaisai

    5 ECtS

    Eecives

    20 ECTS

    6TH SEMESTER

    Eu law

    5 ECtS

    Ieaiaa

    Bsiess law

    5 ECtS

    Bace tesis

    20 ECTS

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    Business Statistics, which will enable you

    to use statistics in connection with busi-

    ness administration problems and issues.

    In addition, the BSc(B) programme com-

    prisesMathematics and an introductory

    course toBookkeeping.

    CREATE yOUR Own PROFILE

    The study programme comprises elec-

    tive courses that allow you to specialise

    in particular subject areas depending on

    your interests. The programme is con-

    cluded with a Bachelors Thesis in which

    you will spend your last semester solv-

    ing a specic problem by applying the

    analytical and investigative methods you

    have studied.

    tEAChInG In thE BSC(B) ProGrAMME

    Teaching typically takes the form of lec-

    tures supplemented by group discussions

    and exercises.

    In addition, written take-home papers

    and seminars are used. A seminar report

    is a written paper that you draw up on the

    basis of independent literature studies.

    The report is reviewed and discussed in

    study circle form. The bachelor study pro-

    grammes in economics and business ad-

    ministration are completed with a bach-

    elors thesis in which you, in cooperation

    with other students, work with a specic

    problem or issue, possibly in contact with

    a company, and thereby apply the analy-

    sis and solution methodologies taught in

    the study programme.

    CArEEr oPPortunItIES

    The study programme affords immediate

    qualications that enable you to handle

    business administration issues in both

    public and private companies and organi-

    sations. This may, for example, be within

    industry and trade, in the service sector,

    nancial institutions, rms of account-

    ants and consultants. You may, for exam-

    ple, nd a job as an analyst, consultant,

    and project manager or may handle tasks

    within sales, marketing, advertising,

    accounting and IT etc.

    12 BSc f Sciece i Ecmicsad Bsiess Admiisai, BSc(B) Ieaia Degee Pgammes

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    The general BSc(B) programme will pro-

    vide you with in-depth knowledge of the

    two main areas Business Administration

    and Economics. The general programme

    aims to give you at the same time the

    broad overview and the thorough and de-

    tailed knowledge of the essential concepts

    and theories of economics and business

    administration. The courses characteris-

    tic of this programme constitute 25 ECTS

    and are taught during your 2nd year see

    the overview of structure at page 53.

    CourSES ChArACtErIStIC

    OF THE gEnERAL BSC(B)ProGrAMME

    Seminar in Descriptive Economics

    The aim of the seminar activity is to

    allow you the possibility of testing your

    competences acquired in the economic

    subjects and the tutorials in Descriptive

    Economics within the art of writing

    economic reports on a specic topic

    which can be described and analysed

    using mainly statistical source material.

    The given problem is described, elabo-rated and analysed based on e.g. collected

    data which is why a considerable part of

    the seminar activity is being able to select

    relevant information from national and

    international statistics. Examples of titles

    for seminar papers could be: Unemploy-

    ment in Germany since 1989, Economic

    growth in less developed countries, In-

    ation and unemployment in the EURO-

    area, Interest rates in Denmark since

    1990, Energy consumption and Global

    Warming: The development in Denmark

    since the Kyoto-agreement.

    Seminar in Business Studies

    The seminar gives you the possibility of

    in-depth studies of theories, models and

    methods within business studies subject

    areas. The critical dialogue between the

    participants is the central distinctive

    learning feature of the seminar course.

    The topics may vary but are always re-

    lated to problems within the following

    areas:

    Loistics/Maaemet Sciece

    Fiacial Accouti

    Fiace

    Maaerial Accouti

    The central learning outcomes are that

    you will be capable of:

    drai up a problem formulatio

    structuri a report or a presetatio

    aalsi a problem b icludi

    eeva eies, mdes ad meds

    formulati a coclusio based o the

    is aaysis

    Finance II

    investigates two of the relatively new

    issues in Corporate Finance. The rst

    theme is Options Theory and its applica-

    tions, and the second theme is CorporateGovernance and Agency Theory. In Op-

    tions Theory, we rst present the options

    related concepts and the model for option

    pricing, and afterwards we describe how

    options are imbedded in important nan-

    cial topics such as capital budgeting (real

    options), debt analysis (call-able loans),

    and capital structure (limited liability,

    credit risk and the use of warrants).

    In Corporate Governance and Agency

    Theory we focus on how ownership struc-

    ture, the managerial structure and the

    economic incentives for chief executives

    can inuence on a rms results and mar-

    ket value.

    Industrial Organisation

    The course will give you an understand-

    ing of the connection between market

    structure and company behaviour and

    performance in different markets. The

    course will also provide you with knowl-

    edge of the way competition works in

    Denmark from both a theoretical angle

    and by means of the current competition

    law in Denmark and EU. At the same

    time, you will gain insight into empirical

    tools and indicators estimating the cur-

    rent and potential competition in differ-

    ent lines of businesses.

    International Economics

    The course will provide you with the

    analytical framework to improve your

    understanding of how an open economy

    (as for instance the Danish economy) is

    embedded in the international economy

    and the possibilities but also limitations a

    still increasing connection to the outside

    world mean for economic policy. In ad-

    dition, we will also generally touch upon

    the long term consequences of capital

    savings, capital accumulation and techno-

    logical improvement.

    The General BSc Programme inEconomics and Business Administration

    14 BSc i i Ecmicsad Bsiess Admiisai Ieaia Degee Pgammes

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    I like the fact that we have a lot of different cul-

    tures in the class. It creates another mood or feel-

    ing a feeling that is not to be found when I occa-

    sionally have lectures with only Danish students.

    In addition, the social life is really awesome! The

    education is nothing without a social life.With theClub, SL and dierent arrangements ASB live up to

    eer single expectation at least in m opinion

    Also I couldnt imagine a more charming largercity than Aarhus. If you seek out both the aca-

    demic and social opportunities there are several

    hundreds of them at ASB. If you want to get some

    experience and fun from day-one you can join a

    union. Here you decide yourself what you want to

    do, e.g. sit in a sales position where the buyers are

    big international companies like Mrsk, Danfoss

    and Carlsberg.

    kRIS BJRN JEPPESEN

    Student at the BScB programme

    Variant possibilites in Economicsand Business Administration

    BSc i Ecoomics ad Busiess Admiistratio Iteratioal Maaemet

    BSc i Ecoomics ad Busiess Admiistratio Sustaiabilit

    BSc i i Ecmicsad Bsiess Admiisai

    Ieaia Degee Pgammes 15

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    In this BSc(B) variant emphasis is on

    subject areas such as

    Lauae Prociec ad US/UK

    Sciey

    Itercultural Commuicatio

    Iteratioal Maaemet

    The variant courses constitute 25 ECTS

    and are taught during your 2nd year see

    the overview of structure at page 53.

    Language Prociency

    and US/UK Society

    The aim of the course is to enable you to

    understand the main points of a complex

    text and to participate with relative ease

    in an English conversation about a range

    of topics. This aim also includes enhanc-

    ing your ability to argue for a point of

    view.

    A further aim of the course is to increase

    your ability to produce written texts

    about general topics related to society.

    The course also gives you an introduction

    to contemporary British and American

    history by focusing on the main political,social and cultural structures and a wide

    knowledge of the societal structures of

    the UK and US will prepare you for better

    understanding and maintaining a range

    of communicative functions in relation to

    the UK/US.

    Intercultural Communication

    The current trend towards multicultural-

    ism in society has meant that business

    companies now interact with a growing

    number of people from different cultural

    and linguistic backgrounds. If managed

    successfully, intercultural encounters

    represent an opportunity to acquire

    knowledge about language, behaviours

    and values that deviate from your own,

    and to use cultural awareness to gain

    a competitive advantage. If neglected,

    cultural differences may undermine the

    position of the company, possibly result-

    ing in employee dissatisfaction, costly

    misunderstandings or indeed the loss of

    market shares.

    The course aims to increase your aware-

    ness of the importance of cultural dif-

    ferences in business; to develop your

    analytical skills; and to enable you to take

    a pragmatic approach to intercultural

    communication.

    International Management

    Firms are increasingly dealing with

    aspects of cross cultural management.

    This is true not only for multinational

    rms operating on a world-wide base, but

    also for domestic rms which face multi-

    cultural environments (e.g. ethnically

    diverse employees and/or customers).

    Businesses operating internationally

    need employees who understand and are

    able to deal effectively with the cultural

    variety. Therefore, analytical as well aspractical skills which help manage effec-

    tively in multinational rms are increas-

    ingly important.

    This course examines organizational and

    individual behaviours, structures, and

    management practices in multi-nationals

    and in business situations involving cross

    cultural interactions.

    We cover a variety of theories that relate

    culture to behaviors in general and man-

    agement in particular.

    The course is broadly organized around

    the four themes:

    1. te impac f ces gaizais

    2. Maai cultural diersit

    3. Desigig ieaia gaizais

    4. Maagig gba maages.

    Together, knowledge of these four areas

    provides you with a broad understanding

    of the main issues relating to interna-

    tional management.

    BSc in Economics and BusinessAdministration International Management

    Ieaia Degee PgammesBSc i Ecmics ad BsiessAdmiisai Ieaia Maageme16

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    It really appealed to me that the teaching was

    done in English the multi-cultural factor was

    important in my decision-making. I iew ASB asa er dnamic and engaging business school Ifyou keep your eyes and ears open youll nd a va-

    riety of good offers for students, e.g. CEO lectures,

    company visits, student jobs, student associations,

    student discounts, etc. After graduation I want to

    work within the eld of marketing or advertisingin a global business.

    CHARLOTTE ENGELGREEN

    Student at the BScB in International Management

    17Ieaia Degee PgammesBSc i Ecmics ad BsiessAdmiisai Ieaia Maageme

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    According to the UN higher education

    has a vital role to play in shaping the way

    in which future generations learn to cope

    with the complexities of sustainable de-

    velopment. ASB has decided to contribute

    and play a part in this role by offering a

    BSc programme in Business Administra-

    tion and Sustainability.

    The variant courses constitute 25 ECTS

    and are taught during your 2nd year see

    the overview of structure at page 53.

    This variant has its main emphasis on

    subject areas such as:

    Eirometal ad Eer Ecoomics

    Sustaiable Productio ad

    Csmpi

    Sustaiable Ecoomics

    Project Ealuatio ad Sustaiabilit

    Semiar o Eirometal Issues

    Environmental and Energy Economics

    The aims of the course are to give knowl-

    edge in the subject areas of environmen-

    tal, resource and energy economics based

    on microeconomic theories. The coursewill give you skills in identifying and

    explaining environmental economic prob-

    lems based on knowledge of economic

    mechanisms and instruments on how to

    achieve optimal resource allocation lo-

    cally, nationally and internationally. The

    course gives you competences in critical

    evaluation of new efforts in the areas of

    environmental and resource economics.

    Sustainable Economics

    The course covers a broad range of topics

    with basic focus on long-term sustainable

    economic development. Topics include:

    Rich ad poor coutries

    Sustaiable roth

    Icome distributio atioall

    ad gbay

    natural resources

    Climate

    Protectioisms ad fair trade

    Health ad educatio

    Deelopi coutries

    Sustainable Production

    and Consumption

    The course will give you both a theoreti-

    cal as well as an empirical knowledge on

    the challenges faced by company pro-

    duction, marketing and consumption in

    order to actively contribute to a sustain-

    able development. The course deals with

    topics such as:

    Compa eirometal resposibilit

    From suppl chai to suppl loops

    Idustrial ecosstems

    Sustaiable product deelopmet

    ad disibi

    Market commuicatio

    Eiromet ad cosumer behaiour

    Food ad eiromet

    Project Evaluation and SustainabilityThe course will present various project

    evaluation techniques also known as

    cost benet analysis which often are

    applied by ofcial government agencies

    in order to make optimal decisions con-

    cerning public investment activities.

    Project evaluation methodologies are very

    important in relation to sustainability in

    order to decide whether specic initia-

    tives, for example energy or infrastruc-

    ture projects, are helping to develop the

    economy in a more sustainable direction.

    The purpose with this course is to present

    the basic elements of project evaluation

    techniques and make the student able to

    analyze specic topics in relation to sus-

    tainability.

    Seminar on Environmental Issues

    The seminar is a learning activity where

    each student makes a report which is

    presented and discussed in a group of 7 to

    9 students moderated by a teacher. Some

    of the main aims in a seminar activity are

    to develop student skills in selecting and

    collecting relevant statistical data materi-

    als for describing an environmental issue

    or problem; present these materials and

    discuss their implications.

    BSc in Economics and BusinessAdministration Sustainability

    Ieaia Degee PgammesBSc i Ecmics ad BsiessAdmiisai Ssaiabiiy18

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    You must full four criteria for admis-

    sion to the BSc programmes.

    The frst criterion is fullled if you

    hold a diploma from a secondary school

    recognized in Denmark for admission

    to further education. Your educational

    level should consist of at least 12 years

    of combined primary and secondary

    school training.

    The second criterion is fullled if

    you have passed Mathematics at the

    Danish B-level, or a foreign equivalent

    thereof. 5 main areas must have been

    thoroughly covered: Numbers, Geom-

    etry, Functions, Differential Calculus

    and Statistics and Probability.

    The third criterion is sufcient

    English prociency. All applicants must

    document their English prociency. You

    must document your English language

    qualications comparable to the Eng-

    lish B level in the Danish upper second-

    ary school system.

    English language qualications compa-rable to an English B level in Denmark

    can be documented as follows:

    TOEFL test results of at least 575 (paper-

    based), or 90 (iteret-based test)

    IELTS test ith a miimum score of

    6.5 poits

    Cambride/Oford Certicate/Test

    i Advaced Egis

    C1 leel obtaied b eamiatio

    from a CEFR-alidated Elish

    agage cse

    Elish-tauht etrace eamia-

    tio (upper secodar school/hih

    school) or Bachelors deree

    The fourth criterion is fullled if

    you have passed History or Political

    Science at the Danish B level, or a for-

    eign equivalent thereof.

    AU TOEFL code is: 8953

    APPlICAtIon

    The application deadline is March 15.

    Admission letters will posted in early

    May for applicants who need to apply

    for a Danish residence permit while

    admission letters for EU and Nordic

    applicants will be posted on July 29.

    Unfortunately, we do not have sufcient

    capacity for all qualied applicants.

    Therefore ASB will select the most

    qualied applicants. For this selection

    the following qualications will be con-

    sidered important:

    Stud/ork i a Elish speaki

    cy

    grade poit aerae from our

    secday sc

    Aboe aerae prociec i Elish

    Aboe aerae prociec i

    Maemaics

    Releat ork eperiece

    Releat stud at uiersit leel

    tuItIon

    Tuition is free for students from EU/

    EAA/Nordic countries. Tuition fees

    will be charged from students of other

    nationalities. Tuition fees are 8,000

    per academic year. The fees are subject

    to change.

    hoW to APPlY?

    Apply online at www.optagelse.dk

    Admission Criteriafor the BSc Programme

    Today I am working for a Danish energy company, Energinet.dk. Currently I am highly involved in the process

    of the harmonization of European energy markets including analyzing energy wholesale markets of the Nordic

    countries. I represent my company in a European umbrella organization for the energy industry and my work isin a highly international environment.Analtical report writing, group wor and undamental understanding othe business and economics are what I hae learned rom ASB Since my classes were very international, I havealso learned to understand cultural differences and use them in my current work. Studying at ASB is a good start

    and it opens a lot of doors.

    ASHENAfI ALEMU, BSCB, MARkET COORDINATION

    BScB, Economist, Energinet.dk

    19Ieaia Degee PgammesAdmissi Cieia

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    MAStEr ProGrAMMES IntroDuCtIon to

    MA i Cpae Cmmicai

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    The Master o Arts in Corporate Commu-

    nication (MA CC) ocuses on the strate-

    gic management o communication pro-

    cesses in priate or public companies,

    organisations and institutions

    1St YEAr

    During the frst year of the programme

    you will be equipped with a solid knowl-

    edge about central concepts, models and

    theories on corporate communication, as

    well as develop practical skills in strategic

    management of corporate communication.

    This will take place in the following man-

    datory courses:

    Corporate Commuicatio ad

    Saede reais

    Strateic Maaemet of Oraisatios

    i a Cmmicaive Pespecive

    Corporate Commuicatio i

    Cage ad Cisis Siais

    Media Traii

    Corporate Communication andStakeholder Relations comprises two

    parts: the frst part will provide you

    with fundamental knowledge of central

    concepts, models and theories within

    corporate communication dened as the

    strategic management of the integrated

    communication of private or public com-

    panies, organisations or institutions.

    The course furthermore aims to give you

    practical skills and tools required for

    analysing, preparing and implementing a

    corporate branding process from concept

    to text as well as other relevant practical

    skills.

    The second part focuses on the

    strategic management of integrated

    communication in relation to central

    stakeholders e.g. employees, consumers/

    citizens, the media and political players.

    You will examine the most important

    theories pertaining to specic stakeholder

    groups such as theories concerning

    how employees think and act as well as

    methods designed to analyse such rela-

    tionships; theories regarding the public,

    the public opinion and agenda setting;

    theories regarding CSR, ethics, the role

    and inuence of the media as well as par -

    liamentary and non-parliamentary actors

    (non-governmental organisations etc.).

    In addition, Stakeholder Relations will

    examine issues management and the

    most important principles for handling

    current issues.

    In Strategic Management of Orga-

    nisations in a Communicative

    Perspective you will be given an in-

    troduction to management and corporate

    strategies. You will learn how to analyse

    the strategic context (markets, competitors,

    distributors, governments, co-operation

    strategies etc.) and the human, nancial

    and operational resources which a corpo-rate strategy must take into account. Fur-

    thermore, you will learn how to develop,

    implement and evaluate a corporate strat-

    egy (emergent and prescriptive approaches)

    with due consideration given to the type,

    size and structure of the organisation.

    Corporate Communication in

    Change and Crisis Situations is com-

    posed of two parts: In the frst part,

    you will be provided with knowledge

    about corporate communication in com-

    panies, organisations and institutions in

    unusual situations (e.g. change and crisis)

    as well as issues management and stake-

    holder management in change and crisis

    situations.

    In the second part, you will be intro-

    duced to relevant scientic methods. This

    will enable you to identify and apply the

    relevant communication theories, meth-

    ods and strategies in connection with

    change and crisis communication.

    In Media Training, you will acquire

    knowledge about central concepts and

    models within media training and you

    will learn how to handle the media in

    relation to different kinds of interviews.

    2nD yEAR

    During your third semesteryou have

    the possibility of specialising in different

    profles, e.g.:

    Integrated Marketing Communi-

    cation and Public Relations

    The purpose of the prole is to pro -

    vide you with theoretical and practi-

    cal insight into the types of strategic

    corporate communication used in

    connection with integrated marketing

    communication and public relationsin private companies not included in

    the basic programme. Prole topics

    include new types of marketing such

    as trend management and experiential

    marketing or marketing in relation

    to particular segments such as senior

    marketing.

    Global Communication in a

    Corporate Perspective

    The purpose of this prole is to pro-

    vide you with theoretical and practi-

    cal insight into the types of strategic

    corporate communication used in the

    organisations communication with

    stakeholders (customers, suppliers,

    subsidiaries, international authorities,

    Master of Arts inCorporate Communication

    Ieaia Degee PgammesMase f As i CpaeCmmicai22

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    international NGOs, international me-

    dia, etc.) in terms of marketing, public

    relations and corporate branding in a

    multi-cultural environment. Within

    the framework of globalisation and

    network society the teaching focuses

    on how organisations handle situa-

    tions such as change management and

    change communication, value commu-

    nication, the complex of local/globalmarketing, corporate reputation, and

    issues management on the interna-

    tional arena.

    In your third semester you can combine

    the courses with a relevant internship in

    Denmark or abroad.

    In your fourth semesteryou will write

    your master thesis. The topic for your

    nal thesis is chosen freely, but must be

    approved by your academic advisor.

    CAREER OPPORTUNITIES

    Gadaes fm e Mase f As i

    Cpae Cmmicai ae eadiy

    abe w i aia ad ieaia

    cmpaies ad gaisais as saegic

    empyees a maageme eve.

    te w wi ypicay be fcssed

    cmmicai, pbic eais, cp-ae badig, i ceci wi a

    maeig divisi, i wic gad-

    aes ave e f espsibiiy f pa-

    ig e saegic cmmicai wi

    iea ad eea saedes.

    2134

    23Ieaia Degee PgammesMase f As i CpaeCmmicai

    2ND SEMESTER

    Cpae Cmmicai i

    Cage ad Cisis Siais

    Eecives e.g.

    CSr

    hrM

    Ives reais

    1ST SEMESTER

    Cpae Cmmicai

    ad Saede reais

    Saegic Maageme

    f ogaisais i a

    Cmmicaive Pespecive

    3RD SEMESTER

    Proles:

    Iegaed Maeig

    Cmmicai ad Pbic

    reais

    Gba Cmmicai i a

    Cpae Pespecive

    4TH SEMESTER

    thESIS

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    To apply for admission to the programme

    you must provide documentation testi-

    fying that you have completed, or will

    complete, a relevant undergraduate

    degree in for instance modern languages

    or communication before 1 August.

    Applicants must have passed at least

    one full year of study (60 ECTS) in

    communication before applying. The

    degree must have been conferred by

    an internationally accredited college or

    university. Other relevant degrees may

    come into consideration.

    From summer 2011 there will be intake

    limitations on the MA programme. For

    more information on how applicants

    are evaluated, please go to www.asb.dk/

    admission/master.

    All applicants must document

    their English profciency. This is

    done by submitting an English test. We

    accept TOEFL test with a score of at

    least 90 (internet-based), or 575 (paper-

    based), IELTS test with a score of at least

    6.5 and The Cambridge Advanced Test.

    Applicants who are native speakers

    from UK, Australia, USA, Canada and

    New Zealand are exempted from this.

    Applicants who hold Nordic high school

    degrees may contact the International

    Admission Ofce to have their degrees

    evaluated so as to determine if their

    English level is sufcient.

    See the programme website for more

    information about this.

    ASB TOEFL code is: 7993

    APPlICAtIon

    Applications may be submitted until

    1 April for all students, who hold a

    non-Danish degree. The application

    should be as precise as possible in

    describing the previous educational

    background. A full check list of docu-

    ments to be submitted is available in

    the online application form at:

    www.icn.asb.dk.

    tuItIon

    Tuition is free for students with citizen-

    ship from the EU/EAA/Nordic coun-

    tries. Tuition fees will be charged from

    students of other nationalities. Tuition

    fees are 10,000 per academic year.

    Fees are subject to change.

    hoW to APPlY?

    Apply online at www.icn.asb.dk

    Admission Criteriafor the MA Programme

    ASB laid the fundament theoretically and practically for my basic understanding

    and comprehension of how global organisations work and operate at strategic and

    tactical levels. It gave me an international mindset anchored in a global prole in

    which the synergies stemming from diversity and cross-cultural as well as cross-functional pieces to the puzzle make more than the sum. ASB also laid a good fun-

    dament for my networking skills and opportunities required in social, academic

    and professional contexts.

    JESPER kANSTRUP

    Communications Manager, Change and Mobilization, A. P. Moller-Maersk Group

    Ieaia Degee PgammesAdmissi Cieia24

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    MAStEr ProGrAMMES IntroDuCtIon to

    MSc i lgisics ad Sppy CaiMaageme

    MSc i Maageme Accigad C

    MSc i Ifmai Maageme

    MSc i Fiace

    MSc i Fiace ad Iteratioal Busiess

    MSc i Saegy, ogaisai ad leadesip

    MSc i Ieaia Bsiess

    MSc i Maeig

    MSc i Csme Affais Maageme

    MSc i Eu Bsiess

    MSc i Bsiess Ieigece

    MSc i Ieaia Ecmic Csig

    MSc i Ivai Maageme

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    Logistics is basicall about planning and

    controlling the actiities o a compan in

    order to secure that the right product is

    deliered in the right quantities to the right

    customer at the right time to the right

    price Though at irst glance, this ma

    sound eas, it is o course a challenging

    tas furthermore, it is not enough just to

    be a good planner, it is also important to

    understand how arious business pro-

    cesses must be in place in order to sup-

    port a well unctioning suppl chain

    The programme provides you with an

    in-depth knowledge about

    Methods for plai ad cotrolli

    os of oods ad iformatio i a

    sppy cai. tis icdes a sid

    desadig f w devep

    e ecessay It based s.

    Ho to desi a strate for Suppl

    Cai Maageme.

    The courses of the programme will pro-

    vide you with analytical ski lls that enable

    you to appraise, systematically structureand analyse the possible solutions to

    complex logistical problems. The teach-

    ing form of the programme encourages

    student participation and this in com-

    bination with the nal thesis work will

    provide you with self-management and

    communication skills.

    StruCturE

    PrErEquISItE CourSES

    In the rst semester you follow the pre-

    requisite courses that form the methodo-

    logical and academic basis for the further

    study programme.

    InResearch Methods in Logistics you

    are introduced to the research traditions

    in the eld of logistics, in particular how

    Operations Research can and should be

    used.

    InAdvanced Excelyou will get beyond

    basic Excel knowledge as you will also be

    introduced to simulation by use of Crystal

    Ball and to Visual Basic programming.

    InSimulation: Modeling and Analysis you

    will be acquainted with the discrete event

    simulation methodology and how this can

    be applied for solving logistical problems.

    In Optimisation Methods you acquire

    basic knowledge about how to model and

    solve optimization problems.

    InProduction Planning and Controlyou

    get knowledge about the methodologies

    that are the foundation of the production

    planning modules in any ERP system.

    Supply Chain Management: Strategy

    and Design will focus on high-level sup-

    ply chain strategies and concepts but also

    provide you with an understanding of the

    role quantitative models play for doing a

    supply chain analysis.

    SPECIAlISAtIon CourSES

    In the second semester you follow the

    specialisation courses of the programme.

    InDemand Managementyou will learn

    tools for forecasting and learn to under-

    stand the relationship between forecasts

    and planning within the company.

    InStrategic Sourcing and Procurement

    focus is on business relations between

    buyers and sellers on the industrial

    market. You will learn to analyse this

    relationship and to develop well-founded

    possible solutions for complex problems

    within the subject area.

    In Inventory Controlyou get a solid under-

    standing of issues about allocation and di-

    mensioning of inventories in a supply chain.

    Logistics andSupply Chain Management

    At ASB there seemed to be a fantastic atmosphere with a lot of interesting people. I instantly felt that this was the

    place for me. I had visited several universities in Denmark, but this was simply the rst place I felt at home. The

    reason I chose to study Logistics was the strong link between quantitative sciences and soft management ideas

    which is essential in modern supply chain thinking. I had no doubt that the importance of the science of logisticswould only grow in importance in the future. I now work as a manager for the Forecasting Department in the

    Market & Operations Development area in the LEGO Group. I have the demand focus in the global Sales & Op-

    erations Process (S&OP) and develop model based forecasting projects for the organisation. I also lead a small

    team of analysts and manage the development of the SAP SCM (APO DP) system.

    LAUGE vALENTIN

    Manager, LEGO Group

    28 Ieaia Degee Pgammeslgisics ad Sppy Cai Maageme

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    Distribution and Transportation will befocused on how to solve practical logisti-

    cal problems within the elds of trans-

    portation and Distribution Planning.

    Supply Chain Performance Management

    deals with how decision making units in

    a supply chain can track their strategic

    focus while controlling that operations

    are lean and agile. Essential elements

    are the roles of key performance indica-

    tors (KPIs) and score card tools, as well

    as the links to issues in management

    accounting and nancial performance

    measurement.

    InProject Management with Account-

    ing Perspectives you will learn about the

    qualitative as well as the quantitative issuesregarding the management of projects.

    JOBPROfILE

    The most tpical rst job for a raduate

    wi a MSc degee i lgisics is fe i

    coectio ith specic aalsis of lois-

    ica pefmace impemeai f

    ew gisica sis. tis is ypicay

    de de e spevisi f me epe-

    ieced ceages. oe pssibe caee

    pa mig be sa as a gisica

    aays, pgess a pjec maage

    psii ad eveay fe pgess

    a eecive psii wi e vea

    espsibiiy f bsiess devepme.

    Bew ae eampes f jbs ed by gad-aes fm e MSc pgamme i lgisics:

    eBusiess Aalst

    Loistics Coordiator

    Cosultat i Strate ad Eciec

    Productio Plaer

    Suppl Chai Traiee

    Purchasi Aet

    Cosultat i ERP Solutios

    Project Maaer i Loistics

    Loistics Maaer

    SAP Cosultat

    Demad Plaer / Sales Aalst

    IT / Busiess Applicatio: IT Cosultat

    Suppl Chai Maaer

    Eecutie Assistat

    PhD Studet i Loistics

    2134

    lgisics ad Sppy Cai Maageme Ieaia Degee Pgammes 29

    2ND SEMESTER

    SPECIAlISAtIon CourSES

    Demad Maageme

    Ivey C

    Saegic Scig ad

    Pceme

    Disibi ad

    taspai

    Sppy Cai Pefmace

    Maageme

    Pjec Maageme wi

    Accig Pespecives

    30 ECTS

    1ST SEMESTER

    PrErEquISItE CourSES

    reseac Meds i lgisics

    Advaced Ece

    Simai: Mdeig

    ad Aaysis

    opimisai Meds

    Pdci Paig

    ad C

    Sppy Cai Maageme:

    Saegy ad Desig

    30 ECTS

    3RD SEMESTER

    ElECtIVE CourSES

    Iesip

    ASB Smme uivesiy

    Sdy abad

    Eecives a ASB

    30 ECTS

    4TH SEMESTER

    thESIS

    30 ECTS

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    Management accounting is one o the most

    undamental aspects o business adminis-

    tration The programme coers both in-

    sights into management accounting tech-

    niques and the application o these into

    production companies, serice industries

    and the public sector We emphasise the

    role o the management accountant and

    how this role can be enacted, both in the

    local setting and in an international context

    The programme provides you with in-

    depth knowledge of:

    1. te fdai f maageme ac-cig ad ece ecgies: ad

    2. Uderstadi throuh commuicatio

    ith people beod the eld of ma-

    ageme accig; i de

    3. Cdc mde maageme ac-

    cig pacices.

    The Management Accounting and Control-

    ling programme provides you with profes-

    sional qualications and competences that

    mirror and sum up the knowledge, under-

    standing and skills acquired through theprerequisite courses, specialization courses

    and electives. The main objective of the

    programme is to convey professional quali-

    cations and competences which you can

    apply in your professional life and in your

    future career. Our ambition is to educate

    management accountants that can contrib-

    ute to the managerial process through inte-

    gration with all members of organisations.

    StruCturE

    PrErEquISItE CourSES

    Foundation of Research

    In this course we introduce three perspec-

    tives positivistic, interpretive, and critical

    and their underlying assumptions con-

    cerning the generation of scientic knowl-

    edge and its impact on our lives.

    Cost Management Concepts,

    Perspectives and Practices

    Cost management is a central activity

    within nancial management. Without a

    deep rooted understanding of the nan-

    cial situation of the company and the -

    nancial implications of future events, the

    company is likely to lose orientation and

    reduce the room for maneuvering.

    Production Planning and Control

    During the past decades integrated plan-

    ning and accounting systems have de-

    veloped rapidly. Using these systems in

    connection with cost management tech-

    niques such as ABC, balanced scorecard

    etc. has created much better opportuni-

    ties to model the physical processes and

    activities, which generate costs in connec-

    tion to design, production and marketing.

    Advanced Excel

    IT and specically Excel and VBA pro -

    gramming have a huge spread in practiceand are widely used for accountants and

    controllers. The amount of available data

    has increased extensively in many compa-

    nies, partly due to the use of ERP systems

    and Data warehousing. As a consequence,

    there is a need for economists with the

    ability to extract the relevant date and

    perform valid quantitative analysis.

    Strategy and Management Accounting

    In this course different elements of strat-

    egy formulation and strategic manage-

    ment accounting will be discussed and

    analysed. An important element involves

    the provision of information for the for-

    mulation of an organisations strategy

    and managing strategy implementation

    and its importance for management

    accounting.

    Accounting Information Systems gives

    you an outline of the different types of

    administrative programmes, their de-

    signs, application, implementation and

    security. In recent years, there has been a

    rapid development in the use of informa-

    tion technology in the accounting depart-

    ments of companies.

    SPECIAlISAtIon CourSES

    Planning and Budgeting

    Budgeting plays a central role in planning

    and structuring organisations strategies.

    Budgeting coordinates the organisations

    strategies and business units. It is used as a

    tool for structuring and creating guidelines

    for activities and moreover to allocate re-

    sources and responsibilities.

    Management Control:

    Performance Management

    Performance management plays an in-

    creasingly important role in all types of

    organizations. It comprises both perfor-

    mance measurement techniques and ap-proaches which may be adopted in using

    these techniques to exercise control, e.g.

    result control, action control, interactive

    control, and personnel and social control.

    International Financial Accounting I

    After attending the course, you should at

    an intermediate level understand and be

    able to apply the requirements for recogni-

    tion in the published yearly report.

    International Financial Accounting II

    The aim of this class is to develop an un-

    derstanding of the relevance of accounting

    information for decision making, and the

    reliability and quality of accounting state-

    ments.

    Management Accounting& Control

    Ieaia Degee Pgammes30 Maageme Accig & C

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    Project Management withAccounting Perspectives

    Management accountants and controllers

    will for sure be involved in different kinds

    of projects. These projects assist a com-

    pany to achieve specic objectives which

    are in alignment with the overall goals

    and objectives of the company.

    Business Models

    The objective of the course is to provide

    you with tools, which will enable you to

    identify an organisations current situa-

    tion. With this identication, you should

    be able to dene future oriented solutions

    with growth opportunities, following

    implementation of strategy and reporting

    tools. The theoretical aim is to acquire

    knowledge and competences within dif-ferent business models and reporting

    tools.

    JOBPROfILE

    tday we see iceased deceaisai

    of corporate acial data ad a-

    cia maageme, ad i as eefe

    becme eve me impa f e

    cotroller to d ad process releat i-

    formatio i a qualied a. I ma job

    proles ords like aaltical skills, com-

    micai abiiy ad a gd w-

    ede of dieret IT-sstems e.. ecel,

    SAP, ec. ae ecessay.

    We y ave eaed e degee, ycaee ppiies wi be mes; we

    wd ie mei

    dieret tpes of cotroller e.., busiess

    ce, pjec ce, cce

    lobal cotroller, ad acial cotroller,

    ad b wii e pivae sec as we as

    ithi the o-prot ad the public sector;

    acial maaer or chief acial

    eecive;

    cosultat ad adisor i dieret as-

    pecs i Dais as we as i iea-

    ia cpais;

    iteral cotroller;

    lecturer or

    ou ma ish to proceed to become

    a p.d. sde.

    2134

    31Maageme Accig & C Ieaia Degee Pgammes

    2ND SEMESTER

    SPECIAlISAtIon CourSES

    Paig ad Bdgeig

    Maageme C:

    Pefmace Maageme

    Iteratioal Fiacial

    Accig I ad II

    Pjec Maageme wiAccig Pespecives

    Bsiess Mdes

    30 ECTS

    1ST SEMESTER

    PrErEquISItE CourSES

    Foudatio of Research

    Cs maageme Ccep,

    Pespecives ad Pacices

    Pdci Paig ad

    C

    Saegy ad MaagemeAccig

    Advaced Ece

    Accig Ifmai

    Sysems

    30 ECTS

    3RD SEMESTER

    ElECtIVE CourSES

    Sdy abad

    Iesip

    ASB Smme uivesiy

    Eecives a ASB

    30 ECTS

    4TH SEMESTER

    thESIS

    30 ECTS

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    MSc in Inormation Management is a

    master programme allowing great career

    prospects Through a challenging and

    exciting stud ou will be proided with

    proessional qualiications that enable

    ou to pla a e role in a modern organ-

    isation and business

    You will be capable of participating crea-

    tively in the management of information

    resources and information technology

    (IT). You will be taught how to utilize IT

    to make businesses as well as their ser-

    vices and products more attractive and

    competitive. You will learn how to create

    and manage new IT systems that support

    business goals and strategies. You will be

    able to participate in strategic planning,

    to formulate requirements for new IT

    systems and to implement such systems

    in businesses and organisations.

    Working with information and IT requires

    the ability to perform multidisciplinary

    functions. MSc in Information Manage-

    ment prepares you for this by focusing

    on a close dialogue and contact betweenstudents and teachers and by integrating

    project work and cooperation as tools in

    your learning process.

    StruCturE

    PrErEquISItE CourSES

    Introduction to Information

    Systems Management

    The purpose of this course is to expose

    students to the managerial challenges

    created by the use of information and

    communication technologies in organiza-

    tions. To this end, the course draws on

    multiple action-based learning tools to

    challenge the students to build an indi-

    vidual approach to leveraging informa-

    tion and communication technology dur-

    ing their managerial career.

    Advanced Topics in IS Development

    and Implementation

    The course provides the students with

    business related aspects of information

    systems development and implementation.

    The students will be presented with a

    range of methods and techniques that can

    be used to understand, plan and execute

    the processes in which information sys-

    tems are developed, implemented, evalu-

    ated and modied.

    Organisational Theory

    Using theoretical inspiration from a

    number of interrelated elds such as

    (social)psychology, sociology, economics,

    ethnography and philosophy, this course

    presents a vast number of theories, models

    and terms suited for analysing organiza-

    tions. These approaches are organised in

    a number of metaphors which each set

    the framework for some traditional and

    modern takes on organisations.

    IS Research and Practice

    In this course we introduce three perspec-

    tives positivist, interpretive, and criti-

    cal and their underlying assumptions

    concerning the generation of scientic

    knowledge in IS research and its impact

    on our lives. We emphasize the relevance

    of these perspectives when conducting IS

    research and/or when addressing real-life

    managerial problems related to informa-

    tion systems.

    SPECIAlISAtIon CourSES

    IS Enterprise Architecture

    This course introduces the students to

    strategic and technological aspects of

    Enterprise Architecture. The purpose is

    to enable the students to participate in

    the development and implementation of

    Enterprise Architecture. IS Enterprise

    Architecture provides a long-term viewof a companys processes, systems and

    technologies enabling individual IS pro-

    jects to build capabilities and not just

    fulll immediate needs. The development

    of an IS architecture for an enterprise is

    Information Management

    As Head of project management in charge of the IT project portfolio at Coloplast I bridge the gap

    between the IT technicians and the system users. The ability to understand both groups is one of themain strengths I have developed during my study programme in Information Management. The

    programme combines the general business understanding with IT in addition to methodological in-

    sight and the ability to learn new things quickly qualifying you to undertake various job functions.

    JONAS fRANk JOHANNESEN

    Head of Project Management, Coloplast

    Ieaia Degee Pgammes32 Ifmai Maageme

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    becoming a central issue for improving

    business performance through IT.

    Project Management

    The aim of the course is to provide the

    student with knowledge about centraltopics related to working in projects. The

    course is divided into to two logical parts.

    Part one focuses on basic tools and meth-

    ods. Part two discusses more soft topics

    (project organisation, implementation of

    team building, handling of conicts etc.).

    IS Strategy and Management

    The aim of this course is to provide

    the students with an understanding of

    IS strategic management and how IT

    resources can be managed within or-

    ganisations in order to create business

    opportunities and benets. Information

    technology and enterprise systems are

    becoming more and more widespread

    within organisations. Organisations

    regard IS and IT resources as strategic

    resources. It is important for organisa-

    tions to plan and implement IS and the IT

    resources in such a way that they support

    to the business strategy.

    thE thIrD SEMEStEr

    In the third semester you can choose

    elective courses within your areas of

    interest.

    Examples of IT Electives:

    Maaemet Fliht Simulators for MIS

    Research Itership i Iformatio

    Sysems

    Other elective courses can either be taken

    at ASB during the semester, at the ASB

    Summer University or at one of our part-

    ner universities abroad. You can also par-

    ticipate in internship programmes either

    in Denmark or abroad.

    JOB PROfILE

    te speciaisai i Ifmai Maage-

    met ies ou the qualicatios to take

    p psiis as

    Maaer of IT fuctios i a compa

    Resposible for part of or the hole IT

    pfi i a cmpay

    Project Maaer of projects i relatio

    saes, pcase ad impemeai

    f cmpe bsiess sysems

    IT cosultat for or i compaies

    A eeral fuctios focussi o the

    eaisip bewee bsiess is ad

    It fcis.

    2134

    33Ifmai Maageme Ieaia Degee Pgammes

    2ND SEMESTER

    SPECIAlISAtIon CourSES

    IS Eepise Aciece

    Pjec Maageme

    IS Saegy ad Maageme

    30 ECTS

    1ST SEMESTER

    PrErEquISItE CourSES

    Idci Ifmai

    Sysems Maageme

    Advaced tpics i IS

    Devepme ad

    Impemeai

    ogaisaia tey

    IS reseac ad Pacice

    30 ECTS

    3RD SEMESTER

    ElECtIVE CourSES

    Sdy abad

    Iesip

    ASB Smme uivesiy

    Eecives a ASB

    30 ECTS

    4TH SEMESTER

    thESIS

    30 ECTS

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    I chose the Management Accounting and Control

    programme because of its broad approach. I have alwaysloved working with numbers, so this programme seemed

    like the perfect choice for me. It has gien me the toolsand qualications that are needed within the area of

    management accounting, and it opens the door to a lotof dierent job opportunities. Throughout the study we

    have felt a great interest from different companies, andthis reinforces my belief in the programme. After my

    studies I plan to nd a job within business consulting,

    preferably with an international aspect.

    LUISE RIISGAARD MLLER

    Student at the Management Accounting and Control programme

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    MSc in finance is a general uniersit

    education in inance It proides students

    with thorough nowledge o and compe-

    tence in inance Upon graduation, our

    students are expected to begin careers

    in inancial institutions, regulator bodies,

    consulting business or inance depart-

    ments in non-inancial companies

    The programme has a clearly dened struc-

    ture with a focus on global nance so the

    programme is relevant for all international

    students. The global nancial markets are

    highly developed and integrated and as a

    consequence of this complexity and sophis-

    tication, there is an increasing demand for

    graduates with degrees in nance at the

    highest level. Therefore the MSc in Finance

    is perfect for students seeking a career in

    nance in a global setting.

    The ultimate ambition of the programme

    is to prepare our students for making the

    right decisions at the right time; this abil-

    ity requires excellent analytical skills and

    a talent for embracing all relevant data,

    as well as cultural issues.

    Finance and other advanced research

    areas are based on statistical and

    mathematical models. Therefore it is an

    advantage for students to be familiar

    with these areas before the programme

    begins. The models are integrated into

    the courses so that the students study the

    models in relation to their application. It

    is our experience that the learning out-

    come is much higher when the models are

    integrated into the various courses.

    The latest research in nance is integrated

    into the programme and many of the

    professors are internationally well-known

    teachers and researchers. Our programme

    also uses external lecturers from local

    nancial institutions as well as v isiting

    faculty members from internationally

    acclaimed universities.

    StruCturE

    PrErEquISItE CourSES

    In the rst semester you follow three

    prerequisite courses that form the

    methodological and academic basis for

    the further study programme.

    In Corporate Finance, the perspective

    of an enterprise is applied to the course.

    This means that the courses cover the

    enterprises operational and strategic

    decisions on investment and nancing,

    e.g. the relationship between risk manage-

    ment and hedging nancial risks, debt

    and equity. The course also covers nan-

    cial management issues, e.g. corporate

    governance and international corporate

    nance.

    Asset Pricing focuses on theories and

    methods for analysing equity and xed

    income markets. The econometric meth-

    ods necessary for applying and testing

    classical models such as CAPM are stud-

    ied. The shortcomings of these models

    are discussed and more modern and

    dynamic models are presented as alterna-

    tives. The course also gives students an

    introduction to various bond types, inter-

    est rate denitions, credit risk in bond

    markets and simple interest rate deriva-

    tives.

    Applied Econometric Methods introduces

    you to the most widely used quantitative

    and empirical methods in econometrics,

    including in particular nancial econo-

    metrics. The course has two majoraims. Firstly it provides you with some

    tools which enable you to acquire the

    knowledge published in high quality

    Finance

    I chose to study MSc in Finance at ASB since the study programme has a very

    strong reputation both among former students and in the business community.

    It is probably the most respectable nancial specialisation you can nd in Denmark.MSc in Finance is tough but the professors are among the best in their eld. I also

    nd that the administrative services at ASB are of excellent standard no petty

    ofcials here. Everything runs smoothly.

    MARTIN

    Student at the MSc in Finance

    Ieaia Degee PgammesFiace36

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    publications within the areas of empirical

    nance and economics. Secondly, it pro-

    vides the tools for modelling and estimat-

    ing econometric systems. The methods

    involved have been chosen with a view

    towards applications within empirical

    nance and economics.

    SPECIAlISAtIon CourSESThe second semester covers the speciali-

    sation courses.

    Management of Financial Institutions

    focuses on the nancial system and the

    role of the nancial institutions in the

    capital market. It is the main aim of the

    course to provide students with insight

    into the management tasks that banks,

    mortgage credit institutions and pension

    funds, in particular, face.

    Fixed Income and Derivative Securities

    Financial derivatives such as forward, fu-

    tures, swaps, and options are increasingly

    important instruments applied by agents

    of nancial markets. The course focuses

    on describing and understanding these

    instruments, and on the underlying

    markets such as money markets, bond

    markets, stock, currency, and commodity

    markets.

    Empirical FinanceFinancial economics is nowadays quite

    often based on empirical investigation.

    This course provides you with many dif-

    ferent methods to analyse nancial data.

    Among the many models are event stud-

    ies, models to analyse the term structure

    of interest rates as well as ARCH and

    GARCH models.

    JOB PROfILE

    A MSc i Fiace opes up for arious

    job opportuities i the acial sector.

    te sdy pgamme as pvides a

    ecee basis f a sbsee PD

    pgamme.

    I additio, the proramme also oers the

    chace of emplomet i the ace de-

    pames f e ypes f eepises.

    Fiall, a icreasi umber of radu-

    ates d emplomet i the cosultac

    idsy, b dmesicay ad abad.

    te as few yeas ave see a igy

    pced icease i e demad f

    raduates from the ace lie.

    2134

    Fiace 37Ieaia Degee Pgammes

    2ND SEMESTER

    SPECIAlISAtIon CourSES

    Maageme f

    Fiacial Istitutios

    Fied Icome ad

    Deivaive Seciies

    Empirical Fiace

    30 ECTS

    1ST SEMESTER

    PrErEquISItE CourSES

    Corporate Fiace

    Asse Picig

    Appied Ecmeic

    Meds

    30 ECTS

    3RD SEMESTER

    ElECtIVE CourSES

    Sdy abad

    Iesip

    ASB Smme uivesiy

    Eecives a ASB

    30 ECTS

    4TH SEMESTER

    thESIS

    30 ECTS

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    The increasing globalisation and interna-

    tionalisation within trade and industr

    hae led to a growing demand or man-

    agers with an international perspectie

    as well as the abilit to ealuate the eco-

    nomic consequences o their decisions

    An MSc in Finance and International

    Business not only provides you with the

    professional qualications for making

    strategic decisions concerning difcult

    and complex nancial matters, but also

    gives you experience and competence in

    acting in an international context.

    The programme in Finance and Interna-

    tional Business exposes you to an inter-

    national educational environment where

    students come from different countries

    and thus have different cultural back-

    grounds.

    All exams and courses are carried out in

    English by members of faculty with an

    international background.

    The programme provides a theoreticalframework for advanced academic study

    of nance and international business that

    enables you to solve practical problems in

    the international business community.

    The opportunities for participating in

    exchange and internship programmes

    either in Denmark or abroad make it a

    genuinely international education.

    StruCturE

    PrErEquISItE CourSES

    The programme is divided into four

    semesters. The two rst semesters are

    each divided into two blocks.

    The rst semester creates the necessary

    foundation both methodologically and

    theoretically for further studies of nance

    and international business.

    Applied Econometric Methods introduces

    you to the most widely used quantitative

    and empirical methods in econometrics,

    including in particular nancial economet-

    rics. The course has two major aims. Firstly,

    it provides you with tools which enable

    you to acquire the knowledge published in

    high quality publications within the areas

    of empirical nance and economics. Sec-

    ondly, it equips you with tools for modellingand estimating econometric systems. The

    methods involved have been chosen with a

    view towards applications within empirical

    nance and economics.

    Corporate Finance deals with the nan-

    cial problems of a company and various

    solution models will be introduced. Fur-

    ther issues are the interactions between

    the company and the nancial markets,

    with special emphasis on valuation of the

    company in a capital market perspective.

    International Business Methods covers

    macro level (regional economic integra-

    tion, e.g. the EU, trade barriers, etc.),

    company level (internationalisation and

    export market strategies, management

    of subsidiary companies, etc.) and indi-

    vidual level interaction between people of

    different professional and cultural back-

    grounds.

    Internationalisation of the Firm provides

    you with an in-depth and detailed un-

    derstanding of theories surrounding the

    internationalisation of businesses and the

    practical implications of these theories.

    SPECIAlISAtIon CourSES

    The second semester is devoted to more

    advanced studies within the two areas.

    International Financial Accou