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Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

22.5.13

Study in Germany » Study guide » Economics and Business » Economic Computer Science

» What is computer science economy?

Economic computer science can be viewed as it were, as an interface between economics (especially in business) and computer science. It is the science of information and communication systems. These systems are not necessarily electronic systems, as would be the case with the pure computer science. There are models designed rather for real, social and economic systems, to withstand the particular economic (ie economic) requirements. More generally, is an improvement of the position of the company, of course, always in the foreground and the aim of the work. Business data contribute to achieving this goal by dealing with the development, support and sales of IT-based communication and information systems within the company. This may for example be important for business programs for payroll accounting or production planning and production control.

» The economic study computer science

The standard period of study at diploma takes approximately ten semesters. By the European Ministers of Education of 29 signed Bologna Agreement is currently in Germany as a transition to Bachelor's and Master's programs instead. This is intended to study and statements are made internationally comparable. Therefore, the international study programs solve the classical diploma courses slowly. In the future, also the study of computer science industry are mainly initiated only at Bachelor. Such a study is carried at the normal period of six semesters.

Due to the interdisciplinary nature of the subject aspiring business data should have both interest in business administration be able to think analytically. In addition, a good knowledge of the English language and basic mathematical knowledge and understanding to students of advantage. In the basic studies knowledge is mediated through basic concepts, enabling technologies and operational application systems. In the main course lectures, tutorials and seminars in the areas of information management, systems development, e-commerce, project management, production, computer science, operational application systems and operations research are offered. The students have the opportunity to specialize in one of the subregions. In addition to course content focused on economics, computer science or economic computer science specifically, often including English seminars on curriculum. The aim of the course is to teach the budding economists and economic structures of companies, business processes and tasks, but also methodological approaches and tools of computer science.

» The professional fields of computer science economy

Economists are searched exactly as economists and computer scientists from all sorts of industries. However, the number of job postings that apply directly to business data, relatively low. However, you can work anywhere, where information and communication models are used for the execution of business processes. Possible career fields are for example in software development, consulting, technology management, controlling, in systems analysis, or organizational development. Business data can be used as a project manager in IT projects, as a software engineer, a consultant for standard software in factories or as a telecommunications consultant. After a boom in the labor market, the demand for business informatics slowly back. Nevertheless, it is likely that this profession is needed in the future in many areas.

» Future prospects for economic computer science students

Even if the actual starting salaries always depend on many factors and can not be accurately predicted, a general reference for the salary of young professionals is about 40,000 euros a year.

21.5.13

Study in Germany » Study guide » Economics and Business » Economics (VWL)

» What is economics?

way of teaching (Economics) is concerned with the production and distribution of goods. It will investigate the processes and relationships which are of general or individual economic nature. Economic processes are especially always considered here with regard to state conditions. Especially in today marked by the globalization time, economic considerations, however, are not only bound to national borders, but also globally instead. The scarcity of resources is to be regarded as fundamental problem of economics. Therefore the task of economists is to observe and analyze the markets and eventually overcome the problem of resource shortage.

Unlike in Business Administration in Economics are not individual
Company at the center of attention. The behavior and interaction of firms interested here only in relation to the impact of operational processes on the overall economy. The economic theory on which the economics is based, can be divided into microeconomics and macroeconomics. While the Microeconomics deals with the functioning of individual markets, the economic events of an economy as a whole subject in macroeconomics.

» The economics degree

Economics is supposed to be a university degree, but can now be studied at several colleges. The basic study of economics coincides generally with the business administration. Budding economists are taught and vice versa business aspects. The two studies, however, differ from one another at the very point that economics is more oriented economic theory and policy, and therefore less practical.

While the basic knowledge is taught in basic studies, such as the basics of business and economics, law, accounting, human resources management, statistics and mathematics, as documented events of the General Law, the Special Economics, Finance, General Business Administration and an elective course in the main study. As electives such areas as development economics, Theoretical Statistics, environmental economics or development policy and international cooperation are possible.

After nine semesters of study time studying can finally be completed with a diploma. The standard period of study of a Bachelor's degree is approximately 6-8 semesters.

» The professional fields for VWL

While economists specialize on individual farm phenomena, economists are mainly employed there, where inter-enterprise economic aspects or even the economy as a whole is the focus of attention. The job market for economists has evolved to an extent in recent years that mainly in five areas most vacancies are found specifically in higher education and research in the economic and human resource consulting, in government and in the banking industry.

Generally, there are significantly fewer jobs, which specifically looks for economists. But economists can also certainly apply to business jobs, if they have the required qualifications. Good business management skills, especially in the area of ​​controlling and accounting, may significantly increase the chances of being hired. Career Options for economists there is, inter alia, economic policy, economic planning, but also in accounting and corporate accounting, in industrial and service companies, public institutions and banks.

» Future prospects for economics students

The starting salary for economists in the public service is about 2250, - Euro per month. Civil servants earn economists beginning approximately 2850 € per month. In the private sector the lowest salary level is about 20,000 euros a year. These figures, however, are only approximate and can vary from one applicant to another, from position to position and from company to company, of course. Due to the high competition of competitors and the various professional fields, it is recommended in addition to studying as much experience and additional skills to collect as possible.

This includes internships at home and abroad, semester abroad, language skills (especially English), computer skills and other skills that might be helpful for the future profession. In addition to in-depth knowledge and the so-called soft skills are more important now, however, such as team orientation and communication skills.

19.5.13

Study in Germany » Study guide » Economics and Business » Business Administration (BWL)

» What is Business Administration?

The Business Administration (BWL) focuses - unlike the economy - individual companies. It describes the position and function assumes the operation of this within the economy and at the same time dealing with economic development. The Business Administration is based on the assumption that generally prevails a shortage of most goods and therefore actors (here the economists) have to intervene in order to achieve optimal production conditions and the maximum profit.

The subject can be divided into two main areas: in the General Business Administration and the Special business administration. The General Business Administration is the foundation of business knowledge base. She answered as questions about what business is and how it works. Based on the study given to the students an overview of the economics as a science by the Business Administration, presented characteristics and inter-industry relationships are explained. Logistics, controlling, human resources, marketing, taxation and corporate governance among the particular business. Economists may after obtaining the university degree in associations, private or public companies make decisions that have economic importance. They analyze and monitor costs, provide budget plans and decide on investments, make personnel decisions, and more.

» The Business Administration degree program

A business degree can be added to almost all the universities and colleges in Germany. The trial court awarding was held until the summer semester of 2005 in general by the ZVS (Central Office for the Allocation of places). Meanwhile regulate the universities to select their prospective students themselves who usually gets a place, which may be called after about nine semesters and successfully obtained a diploma in Business Administration or Diploma in Business Administration. In addition to the diploma recently include the bachelor and the master of all possible trades.

The program aims to empower aspiring MBAs to understand individual economic relationships and, based on action. To achieve this goal, the study of business economics is applied across disciplines. Students also will be taught knowledge from neighboring disciplines such as law, economics, mathematics or computing. The basic course is intended to provide general economic, mathematical, statistical, legal, IT and foreign language-specific knowledge base.

A specialization will eventually take place in the main study. This specialization in a particular subject within the business shapes the profile of the students and also strongly influenced as his later career and the possible career fields. As a rule, two subjects are selected, which are then assigned reinforced through to graduation. Emphasis can be placed for example in the areas of marketing, logistics, tax and accounting or business law. In addition, students must also demonstrate compulsory subjects, regardless of the selected main subjects ..

» The professional fields

Among the graduates are business graduates (or graduates with a general business degree) certainly those with one of the largest professional spectra. Appointments spread across the economy, data processing and science areas. Therefore the economists opens up a variety of career options. The "labor market information", according to the federal agency for work were the cause of most job vacancies for economists in the Economic and Consultancy in 2001. In second and third place followed by banking and trade. Based on the areas of activity is the finance and accounting in the first place, followed by controlling and sales.

When applying for a job study period and final grade are of course important selection criterion of the company. In addition, include practical experience (through internships or activities) to the indispensable qualifications of a candidate. In addition, foreign language skills, computer skills and abroad are welcome to business and increase the chance of a permanent position.

The high potential Kienbaum 2005 study has identified through a survey of 146 companies an average starting salary of € 36,000 a year. The actual starting salary but always depends on the individual candidates and their qualifications, the company, the industry, the position, and not least by the current economic situation.

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