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International Sustainable Finance & Management

Exchange programme

The exchange programme International Sustainable Finance & Accounting is designed to prepare students for the requirements of the financial, management and other positions in companies and organisations, according to the latest sustainable developments in the business practice: Sustainable Finance and Financing decisions; Sustainable Investment decisions; Management control challenges related to sustainability; Sustainable Reporting and Valuation.

 

The relevance of the exchange programme (minor*) 

The scandals early this millennium and the financial crisis, forced the financial regulatory institutions to impose stricter rules and regulations on many industries, i.e. financial industry. Also companies to improve internal and external reporting as well as control and risk procedures in order to prevent another significant crisis.

Especially the last years businesses are faced with additional requirements and needs to change their business models. These additional drivers of changes are referring to sustainability and circularity. But what is the impact of those on the finance and performance of businesses.

Practitioners, as well as suppliers of high quality education, like Instead, have indicated that companies experience a lack of in-depth finance and management knowledge and ability to apply related innovative trends with qualified business students. 

*Dutch students can follow a 30 ECTS specialisation as part of their study programme, this is called a "minor" in Dutch. To avoid confusion, be aware that this term is often used by the lecturers instead of exchange programme. 

Facts and figures

The programme at a glance

Programme information

What to expect

About the programme

Finance on an international level

Next to the professional problem the programme will also focus on the international component as most of businesses are nowadays in one or the other way exposed to the effects of internationalisation, globalisation and the need to become sustainable. In order to deal with these identified professional problems the programme International Sustainable Finance & Management will equip students with in-depth knowledge on topics like international sustainable (corporate) finance, valuation and corporate governance, sustainable finance & accounting and management , international auditing, advanced management accounting and management control.

Real-life projects 

Further, in the real-life projects, this programme will allow the exploration of innovative business and finance trends and application of knowledge acquired in knowledge modules, and in this way prepare the students for the world of practice.  

Project group are are carefully developed every year in cooperation with the Researchcentre Business Innovation (KBI), companies and organisations to ensure the alignment with the most actual developments (innovative trends) in the business and finance world. Projects allow students to take proactive role in solving real business issues, deepen their knowledge in innovative topics of finance and accounting and stimulate their critical reflection and attitude. In the project groups next to developing their profession related competences (international business awareness, general management and intercultural competences) students are also working on the improvement of their skills related to the application of research methods, communication, co-operation, leadership, planning, comprehensive problem solving, intercultural adaptability, learning and self-development. In this way both profession-related and generic competencies are further developed.

Practitioners, as well as suppliers of high quality education, like INSEAD, have indicated that companies experience a lack of in-depth finance and accounting knowledge and ability to apply related innovative trends with qualified business students.

Method

Central lectures

Central lessons are given and very often include a few guest lectures by experts and professionals from the Finance & Accounting field to ensure the presence of the practice rational and continuous relevance.

Assignments

In order to support students in their project assignment guest lectures are offered by experts and practitioners in the field. Weekly meetings are organised per project group. 

Type of assessment

You have to give presentations, submit papers and take written exams.

Learning outcomes

If you have successfully completed this exchange programme then you are able to:

  • Comprehensively evaluate financial performance of the company and its responsibility centres from different stakeholders’ perspective, applying advanced tools of financial analysis.
  • Evaluate existing management control systems, including performance measurement, incentive and management compensation systems from the perspective of their ability to support the implementation of company’s strategy and achievement of goals.
  • Apply and evaluate the effects of the accounting systems differences on the process of company valuation.
  • Apply and analyse concepts and models of traditional corporate finance, alternative and sustainable finance to make a contribution to strategic financing decisions
  • Explore the risks involved in using alternative financing for SME’s
  • Illustrate how the auditing process contributes to a fair view of the financial statements and to fraud protection
  • Create (design and produce) a report providing recommendations for dealing with international sustainable finance and management challenges in the real life cases (company or organisations), by conducting comprehensive, business, strategic, accounting and financial analysis and evaluation.
  • Ability to identify the difference between traditional, circular and sustainable business models and the ability to identify accounting issues in new business models.
  • Ability to make clear what sustainable Finance & Accounting means from a management point of view.
  • Explain the management of acquiring and analysing relevant information in order to support value creating decisions
  • Differentiate, analyse and evaluate performance measurement and management control alternatives (results, action, personnel and cultural controls).
  • Illustrate and argue how the management control system contributes to a fair view of the financial statements and to fraud protection
  • Explain and apply contingency approach of internal control
  • Critically reflect on the process of working in the group and creating a report for the innovative project and come up with the ways for its improvement.

Calendar

Block 1

Week 1 Introduction
Week 2 - 8 Central lectures and workshops
Working on project 1
Week 9 Assessment

 

Block 2

Week 1 Introduction
Week 2 - 8 Central lectures and workshops
Working on project 2
Week 9 Assessment

 

Blocks

Every school year is divided into two semesters. A fall semester (September – December/January) and a spring semester (February – June/July). Both semesters are divided into two blocks. Block 1 and 2 for the fall semester and block 3 and 4 for the spring semester.

Course related questions?

For course related questions, please contact Mrs. Dea Knol-Veldhuizen (content representative/programme coordinator) and Ms. Tineke van der Gaast (International Academic Coordinator, Rotterdam Business School).

 

Subjects

An indication of the subjects you can expect

Location Kralingse Zoom

Where you can find us
Foto van locatie Location Kralingse Zoom

Kralingse Zoom

Kralingse Zoom 91 3063 ND Rotterdam