Short description of Modules in the programme
The aim of the first part of this module Philosophy of Science is to familiarize students with the philosophical foundations and the historical development of science. Opportunities and limitations of scientific work, both of science in general and economics in particular will be explored. The second part will focus on Research Design which will enable students to design a research strategy and apply different research methods and techniques. Also, the design and development of a research strategy as well as the collection of quantitative and qualitative data will be practiced.
Advanced Statistical Methods and Applications
This module will enable students to interpret and discuss results in multivariate statistics primarily in the fields of social science, organizational research and marketing. Major methods covered will be factor analysis, conjoint analysis, multidimensional scaling, multiple regression, cluster analysis and variance analysis. Students will select, study, present and discuss current scientific articles in which advanced statistics have been applied. Based on existing data sets students will be able to run their own data analysis using SPSS or similar statistical software packages.
Organizations & Markets
The module integrates elements from the fields of organisation, competition and industrial economics. It helps students to understand the internal and external challenges of firms to allocate resources. The first part of the module on Managing Organisations in Complex Environments starts – after a brief outline of organisation theory - from a micro-perspective addressing individual and group behaviour in organisations. This is followed by considerations on organizational structures, an exploration of firms’ organisational boundaries in firms and the analysis of power and leadership in complex organizational environments.
The second part of the module on Managerial Economics addresses mainly microeconomic aspects and the competitive framework within which firms operate, and which have an influence on strategic decision-making.
Strategic People & Innovation Management
In the first part of this module, students will understand how to deal systematically and strategically with current challenges in Human Resource Management (HRM) such as talent shortage, organizational transformation, globalization and diversity. Based on selected topics students will become familiar with the latest concepts and related scientific insights. As such students will gain a differentiated perspective on HRM-related solutions. Some of the selected topics could include for example social media, employer branding and talent management. The second part of this module looks at Innovation Management and Entrepreneurship. Building on the foundations laid out in the first part of this module, the second part will integrate HRM aspects into the wider view of innovation management as a cross-functional strategic activity in firms. Based on a holistic understanding of innovation, including technological and non-technological aspects, different strategic options for innovation will be explored. Furthermore, the organizational limitations and enabling factors for successful innovation as well as issues related to intellectual property rights, external collaboration and entrepreneurial design will be addressed.
The module Sustainability sets out a wider framework and deals with firms´ and organizations´ relation to and role within society. Today, the Responsibilities of Managers are becoming increasingly diverse. Stakeholders as well as the triangle of economic, social and ecological sustainability define the scope of managerial responsibility. These responsibilities have expanded to tasks such as installing a system of Corporate Governance, Compliance & Risk Management, Liability or Conflict Management. The pressing challenges of economic, social and ecological sustainability require a multidisciplinary and integrative perspective as well as a critical approach towards existing business practices. This module will address these complex issues and explore potential solutions for responsible and Sustainable Management.
Research Seminar on Interdisciplinary Collaboration
This seminar aims at training students in conducting research and doing academic work within a multidisciplinary environment. Starting from the topics discussed in the first study semester within the context of Philosophy of Science and Research Design, the more specific challenges of multidisciplinary and also intercultural collaboration will be explored. Students will become familiar with working academically within a diverse team environment.
This seminar exposes students to the complexity of the multicultural and interdisciplinary environment we face today. The volatile, uncertain, complex and ambiguous setting for international work necessitates a global mindset and global competences at leveraging and benefitting from the diversity. Starting from the topics discussed in the first study semester within the context of Philosophy of Science and Research Design, the more specific challenges of coordinating various cognitive styles, professional disciplines and other cultural preferences in collaborative working styles will be explored. The psychology of group dynamics in general and the specificities of global face-to-face and virtual teamworking will be examined.