The CAS Financial Decision-Making consists of the following modules and a supervised CAS thesis.

Basics of accounting

The focus of this module is to provide participants with an introduction to accounting basics. It showcases the role of financial and managerial accounting for effective decision-making and control. It also addresses some common pitfalls when making important decisions and ways to overcome them.


Financial statement analysis

The financial diagnosis of a company relies on its financial statements. This module focuses on the use of financial statements, to analysis both:

• The performance of the firm & its value drivers,
• And its credit and solvency risks.

Monte Carlo simulations for enhanced financial decision-making

This course introduces participants to a powerful tool that enables decision-makers to address uncertainty and risk explicitly when making financial decisions. The approach overcomes the weaknesses of traditional scenario analyses and is directly applicable to participants after completing this module. Participants learn how to make enhanced decisions that positively impact EBIT and how to identify hidden financial risks.

Management control systems

The aim of this course is to provide participants with a hands-on understanding of the design and use of common management control systems. This includes discussion of the planning and budgeting process, financial and non-financial performance measurement, and questions of target setting and performance evaluation. Participants learn about the usefulness of management control systems, but also about potential challenges and pitfalls.
 

Fin tech & risk management

This course introduces you to Risk Management & FinTech, the emerging world of applications, concepts and developments at the interface of Finance and Technology. Participants will learn important aspects of risk management in a digitalized world, the application of artificial intelligence in finance, and the nature and use of digital assets. The course emphasizes a personal learning experience and is based on case discussions and lectures.
 

Objectives

The know-how of financial information and the understanding of finance are crucial for successful decision making in a changing business. The CAS Financial Decision-Making provides you with all financial tools for management decisions, performance measurement and risk management in a fast changing environment.

Target audience

The CAS Financial Decision-Making is designed for managers and employees working in companies of the private or public sector who want to get a solid understanding about finance and accounting.

Prerequisites

Bachelor or Master degree from a University or University of Applied Sciences or other diploma recognized as equivalent and three to five years’ work experience. Admission is given “sur dossier”. In justified cases, the study management can admit people who do not or only partially meet individual admission requirements.

Responsibles and speakers

Direction

• Burkert Michael, Prof. Dr.

Speakers

Prof. Dr. Michael Burkert
CAS scientific coordinator
University of Fribourg

Prof. Dr. Franck Missonier-Piera
University of Fribourg

Prof. Dr. Kornelia Fabisik
University of Bern

Prof. Dr. Martin Wallmeier
University of Fribourg

Prof. Dr. Martin Messner
University of Innsbruck

Dr. Matthias Klein
Die Mobiliar / La Mobilière