Executive Master of Finance and Control/Register Controller

The Executive Master of Finance and Control/Registered Controller consists of 4 semesters of 5 months each. Each semester covers academic subjects, business projects and practical skills. You finish the program with a Master’s thesis on a real-world management control problem in your own organization.

Semester 1

The program starts with Internal Control and Accounting Information Systems. This module is all about risks and how to avert and minimize their adverse impact. The first semester focuses on the reliability of financial information. The Management Accounting & Control module mainly examines how accounting information can prompt desired behavior in the employees of the organization. These two modules lay a solid foundation for the following semesters.

Semester 2

This semester continues with Internal Control and Accounting Information Systems, mainly by zooming in on strategic and business risks, as well as the impact of IT trends. It also looks at strategic management and the related question of how to ensure that strategic goals are actually achieved. In Corporate Finance, instructors translate current financial issues into the modern controller’s professional field. The semester ends with a brief module on how to conduct a high-quality audit on an organization.

Semester 3

Financial Accounting and Reporting covers external reporting for organizations, largely based on information prepared by the controller. This means that proper knowledge, understanding and skills and the right attitude towards this topic are critical for registered accountants (“RAs”) and treasurers as well as for controllers. The Tax Law module expands on legal and fiscal principles. This covers the international perspective, to provide support in the international reporting and financing that involves controllers. In Corporate Law, we look at specific case studies and current case law to examine the responsibility and liability of directors, supervisory board members and shareholders.

Semester 4

One of the challenges facing modern controllers is big data (analytics). The Information Management module takes a practical approach to this, with topics like blockchain, IT investments, data-driven work, and IT governance. Production and Logistics Management provides a clear understanding of the importance of integral chain management, with the use of a management game. TIAS strives for final graduation projects that impact the organization, which is why this semester also includes a module on Change and Implementation.