Sustainability and Ethics in Finance
The course provides an overview of social, economic and ecological sustainability and ethical behaviour on banking and finance in an international dimension. An overview of different historical ethical concepts is provided in order to facilitate the understanding of today's position of financial institutions as agents within our society. There is a specific focus on the relation between ethics, sustainability and economic performance. Moreover, different methods to assess the impact of sustainability and ethical behavior are presented. Based on a general framework, in particular practical examples in the context of the financial sector, such as the implications of green finance, are discussed.
International Banking and Finance (Master)
Language of instruction
After this course, students can identify the significance and impact of social, economic and ecological sustainability and ethical behaviour on banking and finance in practice from an international perspective. They are able to explain implications of sustainability and ethics on the companies' reputation and economic results. This means that students have the capacity to describe the impact of fulfilling sustainability criteria on the company’s performance and analyse the potential risks associated with a lack of well-defined sustainability criteria. The students are able to analyse challenges in organisational sustainability and ethic management and apply appropriate methods of management to advance these areas of action. This includes the capacity to describe different forms of assessment methods. The students gain competencies in the integration of the perspectives of sustainability and ethics into their daily work, and in the communication of these perspectives to others within an international context.