Area Finance, Banking & Insurance

Introduction session

There will be an introduction session for the master area Finance, Banking and Insurance held on October, 24th at 12:45h in room 401 (time of the lecture Asset Pricing). Prof. Dr. Marcel Prokopczuk (area head) will provide an overview of the area and will answer your questions. All students with an interest in the area are encouraged to attend.

SUBJECT

The area Finance, Banking & Insurance provides in-depth knowledge in finance and insurance. The main focus is on bank management, financial markets, monetary policy as well as insurance management. Within these, exemplary topics are risk controlling in banks, asset pricing, valuation of derivatives, optimal monetary policy and exchange rates, asset management and optimal investment decisions, management of insurance companies and the digitalization in the financial industry. This core curriculum is complemented by methodologically oriented courses in econometrics and information management. Students will gain the ability to analyze and solve complex finance- and insurance-related problems. They are ideally prepared for a challenging position in the industry. The area also considers interdisciplinary research questions. For example, we are involved in the Research Center Energy (LiFE 2050) of LUH and investigate how financial markets can support the transformation of the energy sector towards renewable energy (“Energiewende”).

STRUCTURE MAJOR

CategoryCredit points (ECTS)
Compulsory modules
Elective modules (without seminars)40
Elective modules (seminars)10
Total:50

STRUCTURE MINOR

CategoryCredit points (ECTS)
Elective modules20
Total:20

DETAILED STRUCTURE

The modules have to be taken in semesters 1-3. Since all the elective module offers are prospective, changes are possible.

Elective modules (without seminars) Major / Elective modules Minor

Module / Course
LanguageSemesterCP (ECTS)Institute
Banking and Finance IEnglishWinter5Banking and Finance
Banking and Finance IIEnglishSummer5Banking and Finance
Behavioral FinanceEnglishWinter5Banking and Finance
Financial Markets I: Asset PricingEnglishWinter5Financial Markets
Financial Markets II: Advanced DerivativesEnglishSummer5Financial Markets
Financial Markets III: Research in FinanceEnglishWinter5Financial Markets
Financial Systems and Regulation / Asset ManagementEnglishWinter5Money and International Finance
International Money and Finance I: Monetary Theory and PolicyEnglishWinter5Money and International Finance
International Money and Finance II: Financial CrisesEnglishSummer5Money and International Finance
Financial EconometricsEnglishWinter5Statistics
Time Series AnalysisEnglishSummer5Statistics
Controlling im VersicherungsbetriebGermanWinter5Risk and Insurance
Insurance Economics German Winter5 Risk and Insurance
Principles of Risk Management and InsuranceGermanSummer15Risk and Insurance
Risiko- und VersicherungstheorieGermanSummer5Risk and Insurance
VersicherungsmärkteGermanWinter5Risk and Insurance
Computational FinanceEnglishWinter5Information Systems Research
Hannover Finance Symposium MasterGermanWinter5Information Systems Research

1 Only in summer 2019

Elective modules (seminars) Major / Elective modules Minor

Examination form: Seminar Paper

Module / CourseLanguageSemesterCP (ECTS)Institute
Seminar Banking and FinanceEnglishWinter5 Banking and Finance
Seminar Corporate Finance GermanSummer5 Banking and Finance
Master Seminar Finance: Asset Pricing & Asset ManagementEnglishSummer5

Financial Markets

Master Seminar Finance: Derivatives & Risk Management English Winter5 Financial Markets
Seminar Empirical Monetary MacroeconomicsEnglishWinter and summer5 Money and International Finance
Seminar Aktuelle Entwicklungen der VersicherungswirtschaftGermanSummer5 Risk and Insurance

 

 

RESEARCH AND PRACTICAL RELEVANCE

The area Finance, Banking & Insurance offers many connections to research and practice. The course curriculum is based on the most recent developments in academic research. The practical relevance is another a key aspect. The study program provides an ideal preparation for a challenging position in the financial and insurance industry. The close connection between research and practice through the Hannover Center of Finance (HCF) and the House of Insurance provides students with the opportunity to establish industry contacts. The area also offers courses and master theses in collaboration with our industry partners.

INTENDED AUDIENCE (RECOMMENDED SKILLS)

The course curriculum of the area Finance, Banking & Insurance is designed for students with a special interest in the finance and insurance industry. Quantitative methods (especially mathematics, statistics and programming) are frequently used. The empirical analysis of financial data is of high importance.

CAREER PROSPECTS

The study program offers various career options. Naturally, it provides an excellent background for an interesting position in the financial and insurance industry. But there are also many career opportunities in other sectors as financial decisions are extremely important for every cooperation. Due to the high degree of analytic thinking, graduates of the area are of high interest for the consulting industry. Moreover, there are many interesting work opportunities at the financial supervision, at policy advising and of course in academic research.