8xav��������

• Course title: A sustainable tomorrow
• Number of ECTS: 6
• Course code: BBA-1
• Module(s): The context and tool kit of business
• Language: EN
• Mandatory: Yes

By the end of the course, students will be able to:
�� Adopt a systemic approach:
���������� Identify and comprehend the major components and interactions within the Earth’s complex system
���������� Explain the interrelationships between socioeconomic, environmental, and climatic phenomena
�� Reflect and project:
���������� Articulate your own representation of Nature and the multitude of risks induced by the prevailing conception of Nature
���������� Understand the value and limitations of prospective scenarios, and the role played by Science
�� Analyze a problem:
���������� Identify the stakeholders involved in a given ecological issue (e.g., waste, pollution)
���������� Understand current and future impacts, and explore possible adaptation and mitigation strategies
�� Position oneself in a debate:
���������� Analyze the actors, alliances, arguments, and underlying visions for a given collective action
���������� Demonstrate critical thinking and discernment in the face of the information flow conveyed by the media

This introductory course is designed for first-year Bachelor students in Business Administration. It provides an accessible, interdisciplinary coverage of the context and the issues pertaining to the ecological transition and sustainable development.The course is conceived as a set of knowledge and skills promoting an attitude of inquiry, bringing together notions and frameworks from (very basic) chemistry, physics, biology, economics, and philosophy.The course will examine the Earth system, from its formation to the Anthropocene, and its likely future. It will discuss climate change in the long run, its recent evolution, the importance of energy and the relation to GHG emissions. It will examine biodiversity and the notion of ecosystemic services. Adaptation and mitigation strategies, the economic and business determinants and consequences of climate change, as well as the possible levels and modes of action, will be discussed and analysed from different perspectives.

Final Written Exam

Course material will be regularly posted on Moodle. Many sources have contributed to the development of the course. Among others are:
Textbook
Collectif Fortes, sous la direction de Renouard, Beau, Goupil et Koenig, 2024, «��Manuel de la grande transition��», Les Liens qui Libèrent (in French) ; Renouard, Beau, Goupil and Koenig (Eds), 2021, “The Great Transition Guide: Principles for a Transformative Education”, Campus de la Transition, Forges and Laudato Si’ Research Institute, Campion Hall, Oxford (in English)
Comics
Klein and Bauman, 2014, “The Cartoon Introduction to Climate Change”, Island Press
Blain et Jancovici ,2021, «��Le monde sans fin, miracle énergétique et dérive climatique��», Dargaud
Dion et Henrion, 2024, «��Horizons climatiques, rencontre avec 9 scientifiques du GIEC��», Glénat
Data
https://ourworldindata.org
https://www.footprintnetwork.org
https://www.ipcc.ch
https://www.ipbes.net
Internet resources
Université Virtuelle Environnement et Développement durable (UVED) https://www.uved.fr

• Course title: Principes de l'Économie
• Number of ECTS: 6
• Course code: BBA-2
• Module(s): The context and tool kit of business
• Language: FR, EN
• Mandatory: Yes

By the end of the course, students will gain a solid understanding of economic concepts, equipping them with the knowledge to analyze real-world economic problems and their implications for business and policy.

• Course title: ��dz���ٲ�����������é
• Number of ECTS: 6
• Course code: BBA-3
• Module(s): The context and tool kit of business
• Language: FR
• Mandatory: Yes

Le cours permet de

• 
  Déterminer la structure d’un bilan et son organisation
  Se sensibiliser sur le principe de l’équilibre entre emplois et ressources
  


• 
  D’établir un compte de résultat juste��
  


• 
  De comptabiliser les principales écritures comptables
  


• 
  De comprendre en grande partie le��plan de comptes (Plan Comptable Normalisé Luxembourgeois)
  


• 
  De comprendre le principe de la partie double et son application (écritures)
  


• 
  D’appréhender l’utilisation des documents comptables :��
  Le journal en comptabilité
  Le grand-livre comptable
  La balance comptable
  


• 
  De comprendre le procédé de��construction des documents de synthèse : le bilan, le compte de résultat.
  

ProgrammePrésentation des états financiers d’une entreprise en format LUX GAAP : définition des documents comptables

Ecritures JOURNAL enseignées

Les opérations d’exploitation

• Chiffres d’affaires – rabais remise ristourne – transports – emballages consignés – factures d’avoir – retour de marchandises – escomptes de créances commerciales – factoring – achats de marchandises ou autres – acompte – charges de personnels – comptabilisation des stocks options

  La TVA

• TVA amont – TVA aval
• TVA en LIC – Exportation
• TVA en AIC – importation
  

Les opérations financières

• Tableau d’amortissement des emprunts bancaires (annuités constantes – amortissements constants – in fine)
• Comptabilisation des prêts (intérêts – intérêt courus non échus)
• Tableau d’amortissement des emprunts obligataires (annuités constantes – amortissements constants – in fine)
  

L’affectation des résultats et opérations en capital

• Bénéfice – réserves – report à nouveau – calcul du bénéfice distribuable – comptabilisation des dividendes
• Capital (émission – processus capital souscrit appelé ….)
• Subvention d’investissement amortissable
  

Comptabilisation des stocks

• Stocks (marchandises – matières premières – produits finis)
  

Cession d’immobilisation

Les amortissements et provisions

• Amortissements linéaires et dégressifs des immobilisations
• Provisions pour dépréciations d’actif
• Provisions pour risques et charges

Exercices avec journal – grand livre – balance en vue de préparer l’examen

Final written Exam

Literature:

• Initiation à la comptabilité générale

  Pierrot KAILS

  Editeur PIMO

• VADEMECUM DE LA COMPTABILITE GENERALE

• Course title: Maths for Business
• Number of ECTS: 6
• Course code: BBA-4
• Module(s): The context and tool kit of business
• Language: FR, EN
• Mandatory: Yes

–��������������
Understand the key concepts and principles of calculus.
–��������������
Represent and analyze standard business issues in mathematical terms.
Interpret business and economic data and visualizations.

This introductory course is designed for first-year Bachelor students in Business Administration. It provides a comprehensive overview and applied treatment of core topics of elementary mathematics.Specifically, the course examines and offers business applications of linear functions, simultaneous equations, non-linear functions, financial mathematics, differentiation and optimization, integration, and functions of several variables.The elements covered provide sufficient mathematical background to understand many of the issues arising in the business and economic world.

Final Written Exam

Literature: Bradley T. (2013) “Essential Mathematics for Economics and Business”, Wiley, 4th Edition

• Course title: Statistiques
• Number of ECTS: 6
• Course code: BBA-5
• Module(s): The context and tool kit of business
• Language: FR
• Mandatory: Yes

Ce cours a pour objectif la compréhension, le traitement et l’analyse des phénomènes économiques en utilisant l’information sous la forme de données statistiques. Plus spécifiquement, il s’agira de��:

• Distributions Unidimensionnelles


• Représentations graphiques, caractéristiques de tendance centrale, caractéristiques de dispersion, caractéristiques de forme, caractéristiques de concentration


• Généraliser la notion de moyenne, ��des effets de structure


• Distributions à deux caractères et dépendance statistique


• 
  Ajustement linéaire (méthodes des moindres carrés)
  

À l’issue de ce cours, les étudiants devraient être capables de��:

• ��Présenter les données collectées sous forme de tableaux statistiques.
• ��Identifier la nature des variables afin de traiter l’information de façon pertinente.
• ��Analyser de façon quantitative l’information contenue dans les distributions.
• ��Choisir les indicateurs statistiques pertinents pour interpréter et synthétiser les résultats obtenus.
• ��Déterminer l’existence d’une relation linéaire entre deux variables statistiques par le biais de la méthode de régression.

��

Final written Exam

• Course title: Business analytics
• Number of ECTS: 6
• Course code: BBA-10
• Module(s): Business Fundamentals
• Language: EN
• Mandatory: Yes

–�������������� Analyze and interpret both qualitative and quantitative data using appropriate statistical and graphical methods
–�������������� Analyze relationships between variables through correlation and apply linear regression models to predict the future data
–�������������� Formulate and solve linear programming (LP) models, and interpret results to optimize business decisions
–�������������� Perform sensitivity analysis by varying parameters in LP to evaluate solutions and understand the dual relationship within LP
–�������������� Use integer programming techniques to solve optimization problems with integer and binary variables
–�������������� Understand the fundamentals of project management
–�������������� Use project management tools (Gantt charts and critical path method (CPM)) to plan, schedule, and manage projects effectively
–�������������� Apply decision analytics tools (decision trees, risk analysis, and multi-criteria decision analysis (MCDA)) to make informed decisions under uncertainty
–�������������� Implement Monte Carlo simulations to model uncertainty and variability in business analysis and make informed decisions based on simulation results
–��������������
Excel implementations using tools such as Excel’s Data Analysis Toolpak, Excel Solver, and other relevant features (e.g., formulas, functions, and tools).

This introductory course is designed for students seeking to develop analytical skills that support effective decision-making in business environments. It offers a practical and applied approach to foundational topics in business analytics. The course covers a range of key areas, including data exploration (qualitative and quantitative), correlation and regression analysis, linear and integer programming, sensitivity analysis and duality, project management, decision analysis, and Monte Carlo simulation. Through these topics, students will gain essential tools to analyze data, model complex business problems, and make data-driven decisions, building a strong foundation for tackling challenges in the modern business landscape.

Final written exam

Literature��
:
– Sharpe, Norean Radke, Richard D De Veaux, and Paul F Velleman.��Business Statistics. Global ed.
���� Boston: Pearson Education Limited, 2021. Print. (4th Edition)
–�� Winston, W. L. (2004).��Operations research: applications and algorithm. Thomson Learning. (
4th

���� Edition)

• Course title: Transformations organisationnelles et nouvelles relations au travail
• Number of ECTS: 6
• Course code: BBA-8
• Module(s): Business Fundamentals
• Language: FR
• Mandatory: Yes

Identifier et comparer les différentes formes organisationnelles du XXIe siècle
Évaluer l’importance des relations humaines dans le fonctionnement des organisations modernes
Examiner les enjeux contemporains auxquels font face les organisations et les pratiques managériales associées
Analyser les stratégies d’adaptation mises en œuvre par les organisations
Déterminer les effets des transformations organisationnelles sur le management des ressources humaines
Appréhender les dynamiques relationnelles au travail dans le contexte des organisations actuelles

Analyse des organisations et des relations au travail au XXIe siècle
Analyse des différentes formes organisationnelles
Importance des relations humaines dans les organisations
Enjeux et transformations auxquelles font face les organisations
Adaptations des organisations pour réussir dans ce nouvel environnement
Effets sur le management des ressources humaines

Case study in group:33%

Final written Exam:�� 67%

Literature: Hinings, B., Meyer, R. 2018. Starting points: Intellectual and institutional foundations of organization theory. Cambridge: Cambridge 8xav�������� Press. Lounsbury, M., Gehman, J. 2024. Concise introduction to organization theory: From ontological differences to robust identities. Edward Elgar Publishing. Desreumaux A. (2015), Théorie des organisations, 3ème édition, Les essentiels de la gestion, edition, EMS Management et société. Lépineux, F., Rosé, J., Bonanni, C. et Hudson, S. (2016). La RSE – La responsabilité sociale des entreprises – 2e éd. Théories et pratiques. (2e édition). Dunod. https://doi.org/10.3917/dunod.lepin.2016.01. Coron, C., Gastaldi, L., Saint-Germes, È. et Ventolini, S. (2024) . Introduction générale. Gérer les ressources humaines au XXIe siècle Nouveaux enjeux, nouvelles pratiques. (p. 9 -12). EMS Éditions. https://shs.cairn.info/gerer-les-ressources-humaines-au-xxie-siecle–9782376879886-page-9?lang=fr.

• Course title: Marketing
• Number of ECTS: 6
• Course code: BBA-6
• Module(s): Business Fundamentals
• Language: EN
• Mandatory: Yes

In this course, you will learn the benefits of using a systematic and analytical approach to marketing decision-making. You will learn how the “first principles” of marketing strategy help firms formulate and execute their marketing strategy.

��

Most challenges that marketing decision-makers face can be integrated under one umbrella that comprises four first marketing principles:

• All customers are different
• All customers change
• All competitors react
• All resources are limited

��

Throughout the course, you will develop analytic competencies pertaining to each of these four first principles. You will learn how to measure customer preferences, recognize different ways to segment markets, identify attractive customers to target, determine the best positioning of your brand, and develop new products that add value. Overall, by completing this course, you will be on your way to making the ROI case for marketing expenditures that companies are increasingly asking of their executives.

��The lectures (CM) will cover the concepts and models you need to understand and apply the scientific approach to marketing. The tutorials (TD) focus on the application of these concepts. The practice will be illustrated in the cases, readings, and the examples.

Final Written Exam

Literature:

• 
  Book (mandatory): Palmatier, Robert W. and Shrihari Sridhar (2021), Marketing Strategy: Based on First Principles and Data Analytics, Palgrave Macmillan, 2nd. Edition.


• 
  Articles (mandatory): Articles will be provided via Moodle.

��

• Course title: Business English
• Number of ECTS: 6
• Course code: BBA-7
• Module(s): Business Fundamentals
• Language: EN
• Mandatory: Yes

1����������
Communicate fluently and confidently in professional English settings
2����������
Deliver structured oral presentations with slides and timing
3����������
Write concise emails, summaries, and business reports
4����������
Participate in structured meetings and explain decisions
5����������
Reflect on performance and set communication goals
6����������
Apply business vocabulary and grammar with flexibility and improved accuracy

This course focuses on building students’ English communication skills in realistic business contexts. Students engage in presentations, meetings, interviews, writing tasks, and case study discussions. Each session includes a pre-task, interactive in-class task, and follow-up reflection. The course uses a B2–B2+ framework but is scaffolded to support learners from A2 to C1.

Homework Pre-tasks
Continuous/Formative
��
Completion
10%
Participation (Reflections Glossary), Class Enagaement
Continuous�������������������������������������������������������������������������������������������������������� Submission + Engagement
10%
Attendance
Administrative
��
Attendance requirement
5%
Final Group Presentation
Summative ((Oral)���� ������������������������������������������������������������������������������������Rubric
40%
Final Written Exam
Summative (Written)
��
Rubric
35%

• Course title: Droit Civil
• Number of ECTS: 6
• Course code: BBA-9
• Module(s): Business Fundamentals
• Language: FR
• Mandatory: Yes

Comprendre
les enjeux juridiques auxquels le monde de l’entreprise et les
dirigeants de ces entreprises sont ou peuvent être confrontés.

1. Introduction générale au droit��– comprenant une définition du droit (droit objectif versus droits subjectifs), les sources du droit, les branches du droit, une introduction à l’organisation judiciaire luxembourgeoise, les différents moyens de preuve. Cette introduction au droit comprendra également une entrée en matière des distinctions entre personnes physiques et personnes morales et entre biens meubles et immeubles
2. La propriété��– comprenant la propriété immobilière/mobilière, des éléments du droit de la famille (contrats de mariage et successions), la propriété collective et le démembrement de propriété
3. Le droit des obligations��– comprenant les contrats et les délits avec une part importante sur les contrats (leur formation, la responsabilité contractuelle, les modifications conventionnelles…)
4. Les sûretés – intérêt de mettre en place des suretés, suretés réelles et suretés personnelles ��

Examen écrit final

Littérature: Code Civil disponible sur Internet

• Course title: EurIdentity Basic Module: Foundations of Europe
• Number of ECTS: 6
• Course code: CERTIF_EURID-1
• Module(s): Advanced business management I
• Language: EN
• Mandatory: No

After successfully completing this module, the students will

• have a fundamental knowledge about European values (i.e., human dignity, freedom, democracy, equality, the rule of law and respect for human rights) and are able to reflect about them.


• have fundamental knowledge about the institutions, economy, politics, history, culture, law of the European states, Council of Europe and European Union.


• be able to work together productively in international intercultural teams.


• be able to self-structure their learning in a fully online course setting.


• be able to synthesize diverse topics about Europe and European values, each topic being delivered by a different lecturer coming from different academic fields with their respective academic and teaching culture.

The module consists of two parts, Seminar 1 and Seminar 2. Seminar 1 contains 7 topic units and Seminar 2 comprises 5 topic units; all 12 being mandatory.

Contents of Seminar 1 “European values and identities”:

• Identity politics and representations: Group formation in the 20th and 21st centuries
• Sociology of religious and philosophical pluralisms
• Rule of law and fundamental rights in Europe
• European Economic and Social History 1870-2020
• History of Public Power in Europe 1870-2020
• Art trends in Europe
• European Labour MarketContents of Seminar 2 “European challenges and actors”:������ Actors and decision-making processes in Europe������ The Economic Dimension of the EU������ European geopolitical actors and issues������ Rights and duties of European Individuals������ European scientific and environmental challenges and issue

Contents of Seminar 2 “European challenges and actors”:

• Actors and decision-making processes in Europe
• The Economic Dimension of the EU
• European geopolitical actors and issues
• Rights and duties of European Individuals
• European scientific and environmental challenges and issue

Multiple Choice Exam (January/February)

The course is delivered online (via the e-learning platform OpenOLAT) and asynchronously, which means you can view the videos and learning material at your own pace. All 12 topic units are delivered by different experts from the seven UniGR partner universities.

The course materials will be accessible starting October until February.��

��

Contact: euridentity@uni.lu

��

• Course title: Management and cost accounting
• Number of ECTS: 6
• Course code: BBA-14
• Module(s): Advanced business management I
• Language: EN
• Mandatory: Yes

Upon successful completion of the Management and Cost Accounting course, students will be able to:
1.�� �� �� Demonstrate a comprehensive understanding of the foundational principles of management accounting and control, including its purpose, scope, and distinction from financial accounting.
2.�� �� �� Identify and apply key cost concepts, including fixed, variable, and mixed costs, and classify costs appropriately for decision-making and control purposes.
3.�� �� �� Analyze cost behavior and cost drivers, and utilize cost functions to support managerial decisions across various operational settings.
4.�� �� �� Design and interpret operational and financial budgets, understanding their role in planning, coordination, and communication within the organization.
5.�� �� �� Apply cost-volume-profit (CVP) analysis to assess the financial implications of different pricing, output, and cost structure scenarios.
6.�� �� �� Evaluate organizational performance using financial and non-financial metrics, and interpret variance analyses to assess efficiency and effectiveness in resource use.
7.�� �� �� Apply advanced performance measurement frameworks, such as the DuPont system, Economic Value Added (EVA), and the Balanced Scorecard, to support value-based management.
8.�� �� �� Use management accounting tools to support investment decisions, including capital budgeting techniques and analyses of return on investment and cost of capital.
9.�� �� �� Assess the integration of ESG (Environmental, Social, Governance) metrics into management accounting systems, including the tracking and reporting of sustainability-related performance.
10.�� �� Support short-term decision making by identifying relevant costs and evaluating strategic options such as make-or-buy decisions, outsourcing, and resource reallocation.
11.�� �� Analyze and respond to ethical issues in cost reporting and managerial control systems, including the role of incentive structures and lessons from major control failures.
Integrate course concepts through real-world cases, demonstrating the ability to link budgeting, performance measurement, and strategic control in complex business environments.��

1�� �� �� �� ��Introduction to Management Accounting and Control
– Purpose and scope of management accounting
– Key distinctions between management and financial accounting
– The role of the controller and the management control function
– Core components of management control systems (MCS)
2�� �� �� �� ��Cost Terminology and Cost Behavior
– Types of costs: fixed, variable, mixed
– Direct vs. indirect cost classification
– Understanding cost functions and cost drivers
3�� �� �� �� ��Budgeting and Planning for Control
– Budgeting cycle and planning instruments
– Operational and financial budgets
– Coordination and communication through budgeting
– Behavioral aspects and challenges of budget implementation
4�� �� �� �� ��Cost-Volume-Profit (CVP) Analysis
– Break-even analysis and contribution margin
– Scenario analysis for pricing and output decisions
– Strategic implications of cost structures
5�� �� �� �� ��Performance Measurement and Variance Analysis
– Financial and non-financial performance indicators
– Variance analysis: price, efficiency, volume
– DuPont analysis, Economic Value Added (EVA), Balanced Scorecard
6�� �� �� �� ��Value Creation and Investment Decisions
– Management accounting in capital budgeting
– Aligning financial planning with strategic value creation
– Return on investment and cost of capital considerations
7�� �� �� �� ��Management Accounting for CSR and Environmental Performance
– ESG metrics in performance management
– Carbon accounting and sustainability reporting
– Social and environmental cost tracking
– The evolving role of management accountants in sustainability
8�� �� �� �� ��Short-Term Decision Making and Control
– Relevant cost and benefit analysis
– Make-or-buy and outsourcing decisions
– Product line discontinuation and resource allocation
– Control mechanisms to align managerial actions with firm goals
9�� �� �� �� ��Ethical Considerations in Cost and Management Accounting
– Ethics in cost reporting and performance management
– Incentive systems and potential for manipulation
– Case examples of control system failures (e.g., Enron, VW)
Integration and Case-Based Applications
– Real-world examples and interactive case exercises
– Linking budgeting, performance, and strategic control
– Interpreting financial outcomes through a managerial lens��

Final written exam

Literature:��

Nobles, T. L., Mattison, B. L., Matsumura, E. M. (2015).
Horngren’s Accounting (10th Global Edition). Pearson.

Drury, C. (2020). Management and Cost Accounting (11th Edition). Cengage Learning.
Merchant, K. A., Van der Stede, W. A. (2017).
Management Control Systems: Performance Measurement, Evaluation and Incentives (4th Edition). Pearson Education Ltd.
Charifzadeh, M., Taschner, A. (2017). Management Accounting and Control: Tools and Concepts in a Central European Context. Wiley-VCH.

• Course title: Fundamentals of finance
• Number of ECTS: 6
• Course code: BBA-12
• Module(s): Advanced business management I
• Language: EN
• Mandatory: Yes

• 
  Be familiar with the basic financial terminology (in English!)
  


• 
  Understand how firms make investment decisions.
  


• 
  Describe and discuss the basic sources of finance, and companies’ interactions with financial markets.
  


• 
  Conduct practical analysis of corporations.
  

Confidently discuss the main ideas and concepts of Corporate Finance in professional business English, which is the working language of the course.

This course is about how firms finance their operations and investments to increase shareholder value. It looks at how firms allocate capital or ‘invest’, taking into account the time value of money and risk. It also asks how they should pay for, or ‘finance’ the investments. Whether firms should borrow and from whom, and to what extent they should use shareholders’ capital. Students will practice how to interpret Financial Statements and analyze the financial position of companies and the profitability of their operations.

Continuous assessment: 50%

Final written exam: 50%Literature:��

Brealey, A.R., Myers C.S., Marcus, J.A. (2020) Fundamentals of Corporate Finance.
10th edition, McGraw Hill.

Literature:�� Brealey, A.R., Myers C.S., Marcus, J.A. (2020) Fundamentals of Corporate Finance. 10th edition, McGraw Hill.

• Course title: Business taxation
• Number of ECTS: 6
• Course code: BBA-11
• Module(s): Advanced business management I
• Language: EN
• Mandatory: Yes

Upon successful completion of the Business Taxation course, students will be able to:
1.�� �� �� Demonstrate a comprehensive understanding of the foundational principles and concepts of business taxation, including the purpose, scope, and structure of corporate tax systems.
2.�� �� �� Define and distinguish key tax-related terms, such as taxable income, pre-tax (book) income, effective tax rates, and statutory tax rates, enabling precise communication and analysis in tax contexts.
3.�� �� �� Analyze book–tax differences, including temporary and permanent differences, and explain their implications for financial reporting and tax planning.
4.�� �� �� Apply core tax planning instruments and assess their use in reducing tax liabilities through legal means, including timing strategies, income shifting, and entity structuring.
5.�� �� �� Understand and evaluate transfer pricing mechanisms, including the arm’s-length principle, and explain their role in multinational tax planning and profit allocation.
6.�� �� �� Critically assess the tax strategies of multinational corporations, including the use of tax havens, hybrid structures, and treaty shopping, and evaluate their economic and ethical implications.
7.�� �� �� Utilize the Scholes–Wolfson framework to analyze tax planning decisions from a valuation perspective that considers all taxes and all parties.
8.�� �� �� Conduct simple tax policy and firm-level tax analysis using real-world data on statutory and effective tax rates, and interpret patterns of tax avoidance and planning.
9.�� �� �� Evaluate the role of managers and governance mechanisms in shaping corporate tax behavior, including the trade-offs between tax savings and reputational, regulatory, and ethical considerations.
Recognize and examine ethical dilemmas in tax planning and corporate reporting, and articulate the importance of responsible tax conduct in today’s regulatory and social environment.��

1.�� �� �� Introduction to Business Taxation
– Purpose, principles, and types of business taxes
– Key institutional players (tax authorities, firms, auditors)
2.�� �� �� What Is Tax Planning and Tax Avoidance?
– Definitions and distinctions
– Legal vs. illegal tax behavior
– Ethics and reputational considerations
3.�� �� �� The Scholes–Wolfson Framework
– Tax planning as a valuation problem (Implicit Taxes)
– All taxes and all parties perspective
– Applications to business decisions
4.�� �� �� Taxable Income vs. Pre-Tax (Book) Income
– Accounting vs. tax reporting
– Key reconciliation items
5.�� �� �� Book–Tax Differences
– Temporary vs. permanent differences
– Deferred tax assets and liabilities
– Examples and implications
6.�� �� �� Instruments of Tax Planning
– Deductions, credits, deferrals
– Timing strategies
– Legal entity structuring
7.�� �� �� Transfer Pricing
– Arm’s-length principle
– Methods and documentation
– Risks and controversies
8.�� �� �� Multinational Tax Planning
– Jurisdictional arbitrage
– Hybrid entities and instruments
– Role of tax treaties
9.�� �� �� Income Shifting
– Techniques and mechanisms (e.g., royalty payments, intragroup loans)
– Evidence from research and practice
10.�� �� Tax Havens and Offshore Strategies
– Characteristics of tax havens
– Use of shell companies and special purpose vehicles (SPVs)
11.�� �� The Role of the Manager in Tax Planning
– Incentives and constraints
– Tax aggressiveness and corporate governance
12.�� �� Integration and Applications
– Case studies
– Current policy debates (e.g., Pillar 2, GILTI, BEPS)
– Empirical tools in tax research��

Final Written Exam

Literature:�� Scholes, M. S., Wolfson, M. A., Erickson, M., Maydew, E. L., Shevlin, T. (2009). Taxes and Business Strategy: A Planning Approach (4th ed.). Upper Saddle River, NJ: Pearson Prentice Hall.

• Course title: Innovation, Creativity, and Entrepreneurship Essentials
• Number of ECTS: 6
• Course code: BBA-15
• Module(s): Advanced business management I
• Language: EN
• Mandatory: Yes

Many of students will make a switch to the modern labour market at some point in their career. Knowledge of business aspects such as innovation, marketing, leadership, team building, intellectual property rights, finance and business models is essential to succeed. However, in the academic arena in which students learn their core educational skills, these subjects may not be often elaborated upon. The course offers immersive and interactive workshops and activities, designed to test participants’ entrepreneurial appetite and jumpstart their entrepreneurial adventure. Whether students want to ignite theirs entrepreneurial spirit or get just enough flavour of entrepreneurship to flourish as entrepreneurs within any organization, they will learn the basic building blocks to excel. Looking at the world with an opportunity-oriented mindset, we put them in the entrepreneurial roles to work on their chosen ideas and concepts. Students will gain experience in following an inte-
disciplinary approach as well as the capability to brainstorm, think outside the box, and to generate ideas with the aim to improve their entrepreneurial skillset including: communication, teamwork, networking, decision-making, complex problem-solving, critical thinking, creativity, time management, marketing skills, leadership among others.

With a wide breadth of knowledge of entrepreneurship, creativity, innovation and business essentials, the skills learned are vital for the success of any business, in new ventures as well as in established companies. The goal of this course is to provide students guidance with an overarching framework: # To be aware of entrepreneurship opportunities # Debunk the top myths of entrepreneurship #To be able to professionalize their startup or research projects # To be aware of how to develop an entrepreneurial project: Identify an opportunity or a problem worth solving; Evaluate an idea; Perform market research and choose the target audience; Brainstorm and design a creative innovative solution; Test the solution with potential customers; Strategize the venture growth development ; Pinpoint and manage the critical risks ; Build a financial model and discover the key financial information; Learn to pitch effectively # Interact effectively with students’ peers with diverse skills and experience # Network with relevant stakeholders in the entrepreneurial, startup and business ecosystems in Luxembourg

1.Fundamentals of Entrepreneurship (24 hours of self-paced workshops) 2. Co-Founders Nights (4 sessions x 3 hours) 3. My Big Idea (executive summary of 18 hours) 4. Inception Sprint Day (1 day inception camp 15,5 hours + 1.5 hour online meeting with participant prior to activity) 5. Self-reflection / learning diary (10 hours) 6. Final debriefing session (1.5 hour)

Assessment tasks
Type of assessment
Grading scheme
Weight for final grade
Task 1
Take-home assignment
Fundamentals of Entrepreneurship
Pass/Fail
20%
Objectives
We aim to provide a structured framework for the self-paced workshops, focusing on equipping participants with the knowledge, skills, and mindset required to succeed in innovation, entrepreneurship, and intrapreneurship. Four objectives: (1)�� Develop Understanding of Innovation and Creativity (2) Establish a Strong Foundation for a New Business Venture (3) Cultivate Intrapreneurial and Entrepreneurial Mindsets (4) Active Engagement and Completion of Workshops.
Task 2
Active participation
Co-Founders Nights
Pass/Fail
15%
Objectives
We aim to create a dynamic and supportive environment for participants to learn from experienced entrepreneurs, network, and potentially find co-founders for their entrepreneurial ventures, ultimately empowering them to take meaningful steps towards realizing their entrepreneurial aspirations. Objectives are (1) Gain Insights into Entrepreneurship (2) Find Potential Co-Founders for your idea or join a team (3) learn how to network
Task 3
Take-home assignment
My Big Idea
20 points (0-20)
15%
Objectives
We aim to provide participants with a clear understanding of developing a simple but effective executive summary. Objectives are: (1) Develop Entrepreneurial Skills (2) Foster Collaboration and Teamwork (3) Idea Development and Refinement
Task 4
Active participation
Inception Sprint Day
20 points (0-20)
30%
Objectives
We aim to provide participants with a structured framework for learning and skill development during the Inception Sprint Day, focusing on collaboration, problem-solving, leadership, startup dynamics, multidisciplinary teamwork, pitching, and communication. Objectives are (1) Develop Cross-Disciplinary Collaboration Skills (2) Enhance Problem-Solving Abilities (3) Gain Insight into Ventures Dynamics (4) Practice Pitching and Communication Skills (5) Gain Real-World Experience
Task 5
Take-home assignment
Self-reflection / learning diary
Pass/Fail
10%
Objectives
By engaging in individual reflection, participants can gain valuable insights into their own learning experiences, personal growth, and professional development. The reflection process serves as a tool for self-discovery, critical thinking, and ongoing improvement, enhancing the overall learning journey for each participant.
Task 6
Active participation
Final debriefing session
Pass/Fail
10%
Objectives
The debriefing session serves as a valuable opportunity for reflection, feedback, and collaboration, benefiting both participants and organizers.