Sustainable Finance im WiSe 2026/2027 (Bachelor)

The Bachelor's course "Sustainable Finance" (6 CP) will be held as a weekly lecture and exercise session.

After participating in this course, students will be able to:

  • Explore the broader sustainability ecosystem, understand the contributions of different stakeholders, and assess the impact of sustainable investing using real-world examples.
  • Identify the key players in the investment management industry and explain their roles and functions.
  • Evaluate different approaches to sustainable investing; explain and compare actual financial products by their investment approach and sustainability focus; review and evaluate the impact of regulatory and self-regulatory initiatives.
  • Navigate the current debate around sustainable investing, considering its ethical, economic, and regulatory dimensions.

The course systematically develops the concepts needed to understand and assess sustainable investing. It covers the following topics:

  • The financial ESG ecosystem and its main participants
  • Historical development of sustainability in the financial industry
  • ESG risks
  • ESG measurement and scoring
  • The impact of ESG investing on asset prices and expected returns
  • Sustainable investment practices, including exclusion-based investing and impact investing

The tutorial is designed to deepen students’ understanding of the lecture content through the discussion of selected topics and the guided practice of course-related material.

Behavioral Finance im WiSe 2026/2027 (Master)

The Masters's course "Behavioral Finance" (6 CP) will be held as a weekly lecture and exercise session.

The lecture introduces students to key concepts and empirical findings from behavioral research and shows how these insights help explain economic decisions and market outcomes that cannot be fully accounted for by traditional neoclassical models. Upon completion of the course, students will be able to better understand financial decision-making processes and their implications for market variables such as prices, returns, risk, and trading behavior. They will also be familiar with ways in which behavioral insights can be integrated into neoclassical financial theory.