Introduction to Management

 News:

  • There will be a Tutorial on Monday, January 25
  • You may use a non-programmable pocket calculator for the mid-term and the final exam. Dictionaries are not allowed.
  • Remember to register for the final exam with the examination office of your faculty! The deadline for the registration of final exam is November 20, 2009.
  • Good at writing business plans and working in a multicultural team? Then do it globally! Check out 2010 Global Enterprise Experience. Students from previous years in our course have been the world champion team!



Course Description:

Students discover their entrepreneurial spirit and, while preparing their business plans, pick up the required theoretical instruments. The aim of this approach is to introduce students to the basic tools of management and the interrelation between the different branches of Business Administration.

This course does not intend to offer just “abstract theory”. We, your professors, want to spark your interest and curiosity in the tools we introduce to you. You need these tools to plan your own business ideas in which you describe three years of business activities for your fictive firm. By the end of the term you will have completed your business plan (in teams). This will foster your understanding of typical business processes.

Several professors will contribute one module each to the lecture part of this course. You will get to know us and our respective subjects in the context of your own business story. This will help you understand how the modules that different professors teach, are related to each other.

The course "Introduction to Management" is matched with the course "Principles of Economics". Enrollment for this course is absolutely mandatory; please use the online form provided here.

Lecturers:

Prof. Dr. Kirstein, Prof. Dr. Raith, Prof. Dr. Spengler, Prof. Dr. Chwolka, Prof. Dr. Burgard, Prof. Dr. Inderfurth, Prof. Dr. Schöndube-Pirchegger, Prof. Dr. Wolff

Time and Venue:

  • Tuesdays and Wednesdays, 9.15-10.45 in G22-A021 (H2)
  • Tutorials: Mondays,17.15-18.45 in G22-A013

Grading:

  • Mid Term Exam (20%)
  • Final Exam (50%)
  • Business Plan (Teamwork) (30%)

Basic Textbook:

Brickley, J. A./Smith, C. W. Jr./Zimmerman, J. L. (2008), Managerial Economics and Organizational Architecture, 5th ed., Irwin.

Additional Reading:

  • Abrams, R. (2008), The Successful Business Plan: Secrets and Strategies, Wiley & Sons.
  • Gillman, J. (2001), Business Plans that Work, Holbrook.
  • Sahlman, W. A.(1997), How to Write a Great Business Plan, Harvard Business Review 1997

Download Slides:

Date Topic

Oct 13

Basics

  

Oct 14

Developing a Business Idea

  

Oct 19

Tutorial

  

Oct 20

Defining a Product and Target Market

  

Oct 21

Briefing I

  

Oct 26

Tutorial

  

Oct 27

Teamwork

  

Oct 28

Teamwork

  

Nov 2

Tutorial

  

Nov 3

Presentation of Business Plan I

  

Nov 4

Staffing Your Corporation

  
Nov 9 Tutorial

Nov 10

Staffing your Corporation

  

Nov 11

Basics of Accounting

  
Nov 16 Briefing II
Tutorial Financial Statements
Nov 17 Incorporating your firm

Nov 18

Incorporating your firm

  
Nov 23 Tutorial

Nov 24

Teamwork

  

Nov 25

Presentation of Business Plan

  
Nov 23 Tutorial

Dec 1

Midterm Exam

  
Dec 2 Incentive Conflicts
Dec 7 Tutorial
Dec 8 Planning your Operations
Dec 9 Planning your Operations  
Dec 14 Briefing III  
Dec 15 Designing an Operational Financial Plan
Dec 16 Staffing, Investment, Procurement, Production and Sales  
Jan 21 Tutorial
Dec 22 Teamwork: Preparing Business Plan, Part III  
Jan 11 Tutorial
Jan 12 Vertical Integration and Outsourcing
Jan 13 Recap
Jan 18 Tutorial
Jan 19 Teamwork  
Jan 20 Teamwork  
Jan 25 Tutorial  
Jan 26 Presentation of Business Plan  
Jan 27 Presentation of Business Plan  

* corrected


Contact Details:

Prof. Dr. Roland Kirstein
Building 22-D003, 0391 67 18729
Send an email to Prof. Kirstein

Fan Wu
Building 22-E113, 0391 67 12342
Send an email to Fan Wu

Last Modification: 12.12.2016 - Contact Person: Webmaster