This module addresses the professional intersection where financial theory and practice meet ethical reflection and standards. On the one hand, high ethical principles and professional standards are essential to well-functioning business practice; on the other hand, making those principles and standards work and turning moral motivation into ethical efficient outcomes is a major challenge in itself. Based on the ethically relevant features of markets, the ethical pros and cons of markets will be discussed in an integrated view beyond trade-offs between ethical and economic requirements. In addition, the course draws on real-world examples of ethical dilemmas that investment professionals may typically encounter in practice.
- Know of the main moral tension fields and ethical approaches related to finance and the market economy in general
- Heighten awareness and understanding of ethical issues in the area of finance and the market economy (understand management as a profession, i.e. including its moral remit in various respects)
- Increase your skills, knowledge and attitudes that will enable you to provide ethically-sound solutions to real-world problems
- Understand how to apply CFA Institute’s Code of Ethics and Professional Standards of Practice
- Gain an informed sense that ethical behavior is in an organization’s as well as your own best interest
- Analyze ethical issues from the point of view of modern market societies and and an ordonomic understanding of human cooperation
This course is part of the prestigious part-time Master in Finance program, conducted in English on Fridays and Saturdays on Campus Westend. It offers a valuable opportunity to network and gain expertise without committing to a full degree program. Upon completion, participants receive a Certificate of Participation. As the number of seats is limited, we recommend to register early. If you're a GBS or Goethe University alum, explore our attractive alumni discount options.
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Prof. Dr. Gerhard Minnameier
Prof. Dr. Gerhard Minnameier has held the Chair of Business Ethics and Business Education at Goethe University Frankfurt since 2011. Prior to this, he held the Chair of Vocational and Business Education at RWTH Aachen University and had been a research assistant at Johannes Gutenberg University Mainz. Gerhard studied business education at the University of Erlangen-Nuremberg. His research interests include the development of moral thinking and action in business contexts, an inferential learning theory (logic of learning), and an economic theory of morality and institutional ethics (ordonomics).
Candidates with an undergraduate degree (i.e., bachelor or equivalent) of 180 credit points (CP) based on the European Credit Transfer System (ECTS) can apply for our Open Programs. The allocation of credit points for work experience will appear on the Academic Transcript of Records and be titled ‘Prior Learning Assessment’.
Open Program applicants must submit a recent proof of English language proficiency at the higher B2 level per the Common European Framework of Reference (CEFR). The GBS Office of Admissions will accept test results of the following tests, taken no longer than two years ago upon the date of submission:
- TOEFL iBT®
- TOEFL iBT® Home Edition
- IELTS
- Cambridge Certificate of Proficiency in English
- English Language Level Test (ELLT) - Oxford International Digital Institute
Applicants may request a waiver of proof of proficiency in English in case one of the following conditions applies. The applicant
- is a native speaker of English;
- has graduated from an international baccalaureate program
- has completed their undergraduate or master-level studies in a program taught entirely in English;
- has worked in an English-speaking country for at least one year.
If the applicant has not taken any of the above tests when submitting the application, the applicant can upload a confirmation of the test registration to the online admissions portal.
Applicants who submit a language certificate older than two years but without an expiry date will be invited for an additional interview with a native speaker of English.
Proof of relevant post-undergraduate work experience of at least one year is to be submitted, e.g., a performance review, reference letter, or written confirmation from your employer.