Courses in English, Fall 2017/18 · Courses in English, Fall 2017/18 . at the School of Business and Economics, Westfälische Wilhelms-Universität Münster . As of September 4. th,

Courses in English, Fall 2017/18

at the School of Business and Economics,

Westfälische Wilhelms-Universität Münster

As of September 4th, 2017

Changes/Updates may occur!

Note: The courses listed in this booklet are the regular courses offered for international students at the School of Business and Economics. The information included in the course descriptions are of informative nature only and are subject to change. The School reserves the right to revise and update the course curriculum to reflect the latest developments in various disciplines and the requirements of the industry.

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Content

Important Information ............................................................................................................................................ 5

Overview of Classrooms...................................................................................................................................... 6

Bachelor: ................................................................................................................................................................. 7

Business: ................................................................................................................................................................. 7

INTOP Business Simulation (English) (6 ECTS) ................................................................................................ 7

Business Analysis (3 ECTS) ............................................................................................................................ 11

International Financial Management (6 ECTS) ............................................................................................. 16

Business Cooperation: Governance (6 ECTS) ................................................................................................ 18

Business Skills (3 ECTS) (each course can be taken separately) ................................................................... 21

Operations Management (6 ECTS) ................................................................................................................ 24

Organizational Culture (6 ECTS) .................................................................................................................... 27

Information Systems for Business and Economics students (6 ECTS) .......................................................... 30

Ethics in Finance (6 ECTS) ............................................................................................................................. 30

Scotiabank International Case Competition (SICC) (3 ECTS) ......................................................................... 31

SMATLAB for Finance .................................................................................................................................... 31

Economics: ............................................................................................................................................................ 31

Principles of Economics (3 ECTS) .................................................................................................................. 31

Econometrics I (6ECTS) ................................................................................................................................. 34

Trade Theory and Policy ( 6 ECTS)................................................................................................................. 35

Economic Policy for Business Students (6 ECTS) ........................................................................................... 37

Introduction into Economic Regulation for Business Students (6 ECTS) ...................................................... 37

Environmental Economics (6 ECTS) .............................................................................................................. 37

Information System: ......................................................................................................................................... 39

Electronic Business (6 ECTS) ......................................................................................................................... 39

Master: .................................................................................................................................................................. 42

Accounting: ....................................................................................................................................................... 42

International Financial Reporting I (3 ECTS) ................................................................................................. 42

Business Ethics and Normative Economics (6 ECTS) ..................................................................................... 44

Advanced Accounting on specific topics I ..................................................................................................... 44

Finance: ............................................................................................................................................................. 47

Introduction to Advanced Finance (6 ECTS) ................................................................................................. 47

Behavioral Finance (6 ECTS) .......................................................................................................................... 49

Derivatives I (6 ECTS) .................................................................................................................................... 52

Asset Pricing (6 ECTS) .................................................................................................................................... 54

Financial Research Seminar (12 ECTS) .......................................................................................................... 56

Empirical Lab I (6 ECTS) ................................................................................................................................. 59

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Empirical Lab II (6 ECTS) ................................................................................................................................ 61

Insurance and Pension Risks (6 ECTS) ........................................................................................................... 63

Financial Risk Management (6 ECTS) ............................................................................................................ 63

Marketing: ......................................................................................................................................................... 64

Market-oriented Leadership (6 ECTS) ........................................................................................................... 64

Advanced Market Research (6 ECTS) ............................................................................................................ 66

Innovation Management (6 ECTS) ................................................................................................................ 68

Customer Relationship Management and Direct Markteting (6 ECTS) ........................................................ 70

Sales Management (6 ECTS) ......................................................................................................................... 72

Consumer Behavior (6 ECTS) ......................................................................................................................... 74

Media Marketing (6 ECTS) ............................................................................................................................ 76

Entertainment Media Marketing (6 ECTS) .................................................................................................... 78

Seminar Marketing II (12 ECTS)..................................................................................................................... 80

Economics: ........................................................................................................................................................ 82

Microeconomics (6 ECTS).............................................................................................................................. 82

Macroeconomics (6 ECTS) ............................................................................................................................. 84

Project Studies (6 ECTS) ................................................................................................................................ 87

Current Topics in Monetary Economics (6 ECTS) .......................................................................................... 90

Economics of Regulation (6 ECTS) ................................................................................................................. 92

Advanced Microeconomics I (6 ECTS) ........................................................................................................... 95

Environmental Economics (6 ECTS) .............................................................................................................. 97

International Macroeconomics (6 ECTS) ..................................................................................................... 100

Derivates II (6 ECTS) .................................................................................................................................... 102

Dynamic Macroeconomics (6 ECTS) ............................................................................................................ 104

Economic Theory in Retrospect (6 ECTS) .................................................................................................... 106

Business Cooperation: Mergers and Acquisitions (6 ECTS) ........................................................................ 108

Applied Microeconometrics (6 ECTS).......................................................................................................... 111

Selected Topics: Asset Pricing II (6ECTS) ..................................................................................................... 113

Time Series Analysis (6 ECTS) ...................................................................................................................... 113

Seminar Public Economics (6 ECTS) ............................................................................................................ 115

Selected Topics in Econometrics, Statistics and Empirical Economics II (6 ECTS) ...................................... 117

Advanced Public Economics (6 ECTS).......................................................................................................... 119

Information Systems: ...................................................................................................................................... 121

Information Management: Managing the Information Age Organization (6 ECTS) ................................... 121

Information Management: Tasks and Techniques (6 ECTS) ....................................................................... 123

Process Management: Information Modeling (6 ECTS) .............................................................................. 125

Business Networks: Interorganizational Systems (6 ECTS) ......................................................................... 128

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Business Intelligence: Management Information Systems and Data Warehousing (6 ECTS) ..................... 131

Business Intelligence: Data Analytics – I (6 ECTS) ...................................................................................... 134

Information Systems Development: Logic Specification and Programming (6 ECTS) ................................ 136

Information Systems Development: Data Integration (6 ECTS).................................................................. 139

Logistics, Production and Retail: Supply Chain Management (6 ECTS) ...................................................... 142

Logistics, Production and Retail: Production Planning and Control (6 ECTS) ............................................. 145

Innovation Management (6 ECTS) .............................................................................................................. 148

Customer Relationship Management and Direct Marketing (6 ECTS) ........................................................ 150

Elective Modules (Seminar) (6 ECTS) .......................................................................................................... 152

Project Seminar (Master of Science Information Systems) (12 ECTS) ........................................................ 154

Master’s Thesis (Master of Science Information Systems) ......................................................................... 157

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Important Information

This is an information guide on courses in English at the School of Business and Economics, University of Münster. The information concerning class content, learning outcomes, exams, etc. is from the module handbook. As we have some additional classes, being not part of a module, for some classes, this information cannot be given. The data concerning date/time/room of lectures is from the university calendar. As the university calendar is not yet complete, new data might be added.

The university calendar can be found under: https://studium.uni-muenster.de/qisserver/rds?state=wtree&search=1&trex=step&root120162=135670|142753&P.vx=kurz

Beginning and end of class:

The semester is divided into two halves, term 1 and term 2.

There are classes in the first term, classes in the second term and classes that go through term 1 + term 2 and can only be completed, when you are going to both terms. You can see for every class whether it is in term 1/or term 2 or for both terms.

Few classes may already start in the orientation week!

Orientation week: 02.10.2017 – 06.10.2017

Beginning of 1st term: 10.10.2017

End of 1st term : 01.12.2017

Exams for classes of 1st term: 18.12.2017 – 22.12.2017 (possibly Friday/Saturday before)

Beginning of 2nd term : 04.12.2017

End of 2nd term 02.02.2018

Exams for classes, going through both terms and for classes of the 2nd term: 05.02.2018 – 23.02.2018 (possibly Saturdays before)

Registration for exams

You have to register for all exams, you want to take in Münster with the examination office, otherwise you are not allowed to take the exams. However, this can only be done once you are in Münster.

Examination Office of the School of Business and Economics

E-Mail : [email protected]

https://studium.uni-muenster.de/qisserver/rds?state=wtree&search=1&trex=step&root120162=135670|142753&P.vx=kurzhttps://studium.uni-muenster.de/qisserver/rds?state=wtree&search=1&trex=step&root120162=135670|142753&P.vx=kurzmailto:[email protected]

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Overview of Classrooms http://wwwuv2.uni-muenster.de/uniplan/index.php?lang=en

H1, H2

Schlossplatz 46

H1: 1st floor

H2: 2nd floor

J2, J4, J490

Juridicum Universitätsstraße 14-16

J2: 1st floor

J4: 2nd floor

J253: 2nd floor

J372: 3rd floor

J490: 4th floor

J498: 4th floor

F1

Fürstenberghaus

Domplatz 20-22

2nd floor

CAWM 1 Am Stadtgraben 9

1st floor

http://wwwuv2.uni-muenster.de/uniplan/index.php?lang=en

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Bachelor:

Business: INTOP Business Simulation (English) (6 ECTS)

Lecture: Tuesdays 14:00-16:00, J 253, Term 1+2

Lesturer: Prof. Dr. Watrin

Link: https://www.wiwi.uni-muenster.de/iub/de/studium/lehrveranstaltungen/lehrveranstaltungen-im-ws-20172018

Module Title english:

Finance & Accounting Seminar

Course Program: Bachelor Business Administration PO 2010

1 Module No: BWL-S1 State: Compulsory Language of Instruction: German and English

2 Semester: 5, 6 CP: 6 Workload (h): 180

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Module Structure:

No Type Course CP Presence (h + CH) Self-Study (h)

1 Seminar Finance & Accounting Fallstudienseminar or

6 30 h (2 CH) 150

2 Seminar INTOP Business Simulation (English) or 6 60 h (4 CH) 120

3 Seminar Seminar Accounting and Finance 6 30 h (2 CH) 150

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Module Contents: Background and relations to other courses: In this seminar students have to apply the theoretical knowledge that they have gained in the previous semesters to solve practical problems. Main topics and learning objectives: Finance and Accounting Case Study Seminar: The seminar covers several different topics in finance and accounting. The main theme of the seminar varies from year to year. Students will solve case studies in groups. Seminar Accounting and Finance: The seminar covers several selected topics in accounting and finance. Students write a seminar paper and present their papers in groups. The seminar serves to prepare students for writing the bachelor thesis. INTOP: INTOP (International Operations Simulation) is the first major business simulation to deal with the specific problems of multinational companies and worldwide business operations. INTOP derives its special

https://www.wiwi.uni-muenster.de/iub/de/studium/lehrveranstaltungen/lehrveranstaltungen-im-ws-20172018https://www.wiwi.uni-muenster.de/iub/de/studium/lehrveranstaltungen/lehrveranstaltungen-im-ws-20172018

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significance from the fact, that the international market became an increasingly vital element of the business environment. INTOP simulates a supply oligopoly with a polypolistic demand structure. Because the participants, functioning as the executive boards of different publicly listed INTOP IV-companies, have the shareholders’ capital at their disposal, they have to consider the interests of their investors when establishing a set of objectives. Therefore the participants have the task to maximize their companies’ cumulative profit under the constraint of a minimum equity ratio through the adjustment of decisions in the different company division. To take part in INTOP, interested students have to overcome an election process. Based on the written applications’ evaluations 20 – 30 students will be elected. Selection criteria are high marks in former exams and an adequate knowledge achieved during previous education. The particular advantage of INTOP is the interdisciplinary aspect of the game: the decision-making process requires a number of truly entrepreneurial, strategic decisions relating to business objectives and operating principles. By providing the participants with a comprehensive set of given data, the business simulation emphasizes strategy, tactics and operational problems. With INTOP the students have to determine the business size, target markets, marketing and production programs as well as the investment and finance policies and the company’s organization. The major objective of INTOP is to enhance the understanding of problems of international business operations in general and of multinational enterprises in particular. The simulation is structured so as to provide training and education in both the fields of “general business administration” and “international management”. In order to solve international entrepreneurial problems, the high level of realism of the simulation requires an advanced degree of analytical thinking, conceptual abilities and imagination.

Themes Learning objectives

INTOP: All participants learn to operate with short-term bank loans, treasury notes, credits from suppliers and non-interest-bearing receivables and liabilities.

Company Organization

Each team of students (company) has to appoint individual business responsibilities to each student. The following activities must be conducted by each team: marketing/ market research, investment/ raw material purchasing/ production/ warehousing, research & development/ patents, financing/ taxes/ logistics policy, information systems/ annual financial statements.

Marketing Management

The students achieve skills in following areas: pricing policy, advertising policy, product design and assortment of goods policy, distribution policy and market research

Production The students learn to chose the right production program and to calculate the costs of production

Taxes The educational objective is to learn how to best reduce tax expenses by applying the following options: inter-company pricing policy and interest policy for the invested capital

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Learning outcomes: Academic: Finance and Accounting Case Study Seminar: During the 60 minute written examination the students have to apply quantitative and qualitative concepts learned

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in class and via the case studies to present solutions to different problems based on the whole course content. In the written examination, the student should demonstrate the ability to develop a coherent argument within a limited period of time, to integrate and apply several concepts, to solve practical problems. Seminar Accounting and Finance: Students deepen and integrate their knowledge in accounting and finance. Moreover, they know how to write an academic seminar paper with a coherent line of arguments. INTOP The INTOP business simulation has various objectives: The participants must determine financial objectives, formulate accompanying strategies and make decisions each quarter according to their long-term strategy The participants learn to establish the relationship between the decisions and their consequences and new decisions. The learning-by-doing-effect enables the participants to apply their prior knowledge • The students are encouraged to reduce the time for making decisions which helps to focus on the most relevant decision criteria. • Based on experience made throughout the course of the simulation, the students learn to judge the importance of relevant economic instruments • In order to solve international entrepreneurial problems, the high level of realism of the simulation requires an advanced degree of analytical thinking, conceptual abilities and imagination. • Inside the group assignment the students should demonstrate the ability to productively work in groups and their ability to coordinate with peers. Soft skills: In addition, students can solve complex problems in a team. They have advanced communication, presentation and conflict resolution skills.

6 Description of possible electives within the modules: One of the courses has to be absolved.

7 Examination: Examinations for every part of the module

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Relevant Work:

Number and Type; Connection to Course Duration Part of final mark in %

Finance & Accounting Case Study:

Written exam on Finance & Accounting Case Study Seminar

60 min. 60 %

Case studies on Finance & Accounting Case Study Seminar

2 x 6 pages 40 %

INTOP

seminar paper on INTOP (subject will be given at the beginning of the semester)

8 - 10 pages 40 %

INTOP Business Simulation Game: written paper on the management decisions

maximum of 15 pages

40 %

Presention (INTOP) 35 min. per group

20 %

Seminar Accounting and Finance:

Seminar paper on Accounting and Finance 12 - 15 pages 80 %

Presentation of seminar paper 30 min. per 20 %

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group

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Study Work: Number and Type; Connection to Course Duration

none

10 Prerequisites for Credit Points: The credit points will be granted after all relevant work and study work have been successfully completed.

11 Weight of the module grade for the overall grade: 3.33% (6 of 180 CP)

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Module Prerequisites: The knowledge of the second year of study, especially in accounting, taxations, and corporate finance is expected. For the INTOP seminar and the Seminar on Accounting and Finance, the number of participants allowed can be limited.

13 Presence: Attendance is recommended to warrant learning success

14 Use of the module for other course programs: Bachelor Business Administration, Bachelor Economics

15 Responsible Lecturer: Professor Dr. Thomas Langer Department: School of Business and Economics

16 Misc.:

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Business Analysis (3 ECTS) Lecture, Term 1

No. Date Time Venue Topic 1 11.10.2017 8.30-10.00 F4 Lecture 2 18.10.2017 8.30-10.00 F4 Lecture 3 25.10.2017 8.30-10.00 F4 Lecture 4 26.10.2017 12.15-13.45 F2 Lecture 5 01.11.2017 8.30-10.00 F4 Lecture 6 08.11.2017 8.30-10.00 F4 Tutorial 7 15.11.2017 8.30-10.00 F4 Lecture 8 16.11.2017 12.15-13.45 F2 Guest lecture 9 22.11.2017 8.30-10.00 F4 Tutorial 10 29.11.2017 8.30-10.00 F4 Lecture 11 30.11.2017 12.15-13.45 F2 Lecture 12 06.12.2017 8.30-10.00 F4 Lecture 13 13.12.2017 8.30-10.00 F4 Revision course

Lecturer: Prof. Dr. Kajüter

This lecture is part of Advanced Controlling.

Link: http://www.wiwi.uni-muenster.de/iur/lehre/ws1617/index.html

Module Title english: Advanced Accounting


1 Module No: BWL 11 State: Elective Language of Instruction: German, partly English


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Module Structure:


1 Course Advanced Financial Accounting 3 30 h (2 CH) 60

2 Course Business Analysis 3 30 h (2 CH) 60

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Module Contents: Background and relations to other courses: Advanced Financial Accounting: Companies are often subject to complex organizational structures. Therefore the individual financial statements of the companies involved are not informative for potential investors who conclusively request a consolidated financial statement to obtain a true and fair view on the group as a whole. Students in this course will learn how to prepare these requested consolidated financial statements in accordance with HGB (German-GAAP) as well as with the International Financial Reporting Standards (IFRS). Furthermore they will gain basic knowledge on IFRS. Knowledge in financial accounting is a prerequisite for this course. Business Analysis: This class incorporates two elements: Financial Statement Analysis on

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the one hand and Managerial Accounting on the other hand. Financial Statement Analysis is one of the most important valuation methods for companies performed not only by investors but also by internal managers to gain a deep understanding of the current economic situation the considered company faces. Therefore it is important to provide students with a profound understanding of the related techniques and interpretation guidelines. Beyond financial accounting, the students shall deepen their knowledge in managerial accounting and recognize connections between financial and managerial accounting. For this course basic knowledge in accounting is required. Main topics and learning objectives: Advanced Financial Accounting: This lecture focuses mainly on consolidated financial statements prepared under HGB (German-GAAP) and IFRS. Therefore students will learn the basics and fundamentals of consolidated financial statements accompanied by several consolidation techniques like the purchase method, the proportional consolidation and the equity method. These techniques are trained on the basis of practical examples. Moreover legal requirements together with the preparation of consolidated financial statements will be covered as well as the scope of consolidated financial statements. Furthermore, specific questions with regard to consolidated financial statement like deferred taxes will be emphasized. Additionally, students will get a first overview about the International Financial Reporting Standards. By the end of the class students should have gained a deeper knowledge on consolidation, be able to consolidate on their own and understand related problems corporations and audit firms face in their daily work. This course is intended to be a lecture and, as such, the primary responsibility for learning will rest with the students. There will be examples to explain how to apply theory in “real” life. The objective is to develop a working knowledge of the basic principles of IFRS and consolidated financial statements (IFRS and HGB) in order to be able to adopt this knowledge to concrete accounting situations as they apply to corporations and audit firms. Background information in form of additional reading material will be provided. The quality of students learning experience will depend on the extent of their motivation, initiative, preparation for class, and attention during class. The instructor’s role will be to support the learning experience by providing a course structure, course materials, and lectures. Business Analysis: Referring to Financial Statement Analysis this course will enable students to understand how economic situations and management decisions can influence the company’s performance correlated with the impact on key ratios and the related interpretations. By the end of this course, it is expected that students are able to analyse companies on their own resulting in reasoned and founded investment decisions. Referring to Managerial Accounting this course is to develop a deepened understanding of financial and managerial accounting as well as their interrelations. Unlike in Anglophone countries, financial and managerial accounting are distinctive in Germany. This course is intended to be a lecture and, as such, the primary responsibility for learning will rest with the students. There will be examples to explain how to apply theory in “real” life. The objective is to develop a working knowledge of financial statement analysis and managerial accounting in order to be able to adopt this knowledge to concrete “real” life situations as they apply to corporations. Background information in form of additional reading material will be provided. The quality of students learning experience will depend on the extent of their motivation, initiative, preparation for class, and attention during class. The instructor’s role will be to support the learning experience by providing a course structure, course materials, and lectures.


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Advanced Financial Accounting:

International Accounting

To learn the basics of IFRS

Fundamentals of consolidated financial statements

To understand the idea and necessity of preparing consolidated financial statements

Scope of consolidated financial statements

To get insights to the scope of consolidated financial statement

Consolidation techniques

To learn about consolidation techniques like the purchase method, proportional consolidation as well as the equity method in accordance with HGB and IFRS

Specific aspects related to consolidation

To learn about specific aspects related to consolidation

Business Analysis:

Fundamentals of Financial Statement Analysis

To learn about the objectives of Financial Statement Analysis like goals, users, database and business ratios.

Financial Analysis To learn how to perform a pervasive analysis of the financial situation of a company regarding the financial statement.

Profitability Analysis To learn how to perform a pervasive analysis of the performance of the company regarding the profit and loss statement.

Overall Assessment To learn how to aggregate the ratios and individual information collected to an overall investment decision.

Fundamentals in business analysis

To learn the basic terminology, the functions and the subareas of business analysis as well as the characteristics of selected management ratios.

Remit of managerial accounting in business analysis

To briefly recapitulate the basics of managerial accounting. To learn the remits of managerial accounting in business analysis, which are business valuation, performance measurement (ratios like EVA, ROCE, CFROI) and risk analysis.

Remit of financial accounting in business analysis

To learn about the remits of financial accounting in business analysis.

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Learning outcomes: Academic: During the 60 minute written examination the students usually have to discuss several questions covering topics related to IFRS in general and to consolidation under IFRS and HGB. The students are asked to include their own opinion. The total achievable points for the exam will be 60. In the written examination, the student should demonstrate the

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ability • to integrate and apply the accounting principles for consolidated financial statements according to HGB and IFRS, • to develop a basic knowledge of International Financial Reporting Standards, • to apply the accounting principles for consolidated financial statements to individual cases, • to develop a coherent argument within a limited period of time, • to apply a critical acclaim on the current issue of accounting principles. The questions typically require an integrative thinking and connection of different topics discussed in class. The students are asked to include their own opinion. Referring to Financial Statement Analysis students should demonstrate the ability • to analyse and interpret the economic situation of a company, • to compare and rank companies depending on their financial performance, • to condense different ratios and information to an overall investment decision, • to apply the technical ratios to individual cases. Referring to Managerial Accounting students should demonstrate the ability • to reproduce knowledge, • to apply knowledge to a new content, • to develop a coherent argument within a limited period of time, • to integrate and apply several concepts, • to weigh pros and cons or identify threats, • to apply the concepts to a business case. Soft skills: After the successful completion of the module, students are able to analyze sound theoretical issues as well as to identify practical problem areas and solve them adequately.

6 Description of possible electives within the modules: none

7 Examination: Final Module Exam

8

Relevant Work: Number and Type; Connection to Course Duration Part of final mark in %

Final written exam 120 min. 100 %

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none



12 Module Prerequisites: none

13 Presence:

15

none

14 Use of the module for other course programs: Bachelor Business Administration, Bachelor Economics, Bachelor Information Systems

15 Responsible Lecturer: Professor Dr. Peter Kajüter, Prof. Dr. Hans-Jürgen Kirsch

Department: School of Business and Economics

16 Misc.:

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International Financial Management (6 ECTS)

Lecture: Monday 08:00 – 10:00, J2; Wednesday 08:00 – 10:00, H4; 1st term

Lecturer: Prof. Dr. Guenster

Tutorial: Friday 08:00 – 10:00, J2; 1st term

Link: http://www.wiwi.uni-muenster.de/fcm/fcm/studium/index.php

Module Title english: International Financial Management


1 Module No: BWL 17 State: Elective Language of Instruction: English


3

Module Structure:


1 Course International Financial Management 4 30 h (2 CH) 90

2 Exercise Tutorial on International Financial Management

2 15 h (1 CH) 45

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Module Contents: Background and relations to other courses: The module “International Financial Management” adds an international, multi-country perspective to the modules “Finance” and “Governance and Management”. While these module largely deal with a single-country setting, the module “International Financial Management” focuses on complexities that specifically arise in cross-border financial and managerial decision making. Main topics and learning objectives: The module “International Financial Management“ discusses relevant topics for the management of international and multinational enterprises. It covers classical topics in International Finance such as exchange rates and currency markets, derivatives and hedging, valuation of multinational firms, and international portfolio management and asset pricing. Further, this module provides first insights as to how differences in institutional arrangements and cultural norms affect financial decision making and shareholder value across countries.

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Learning outcomes: Academic: In this module, students obtain the basic knowledge needed to act successfully as managers and investors in a global economy. To this end, they obtain three core competencies. First, after successfully completing this module, students have a profound understanding of the functioning of international financial markets. Second,

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they understand how and why countries differ in their institutional settings. Third, students can apply this knowledge in cross-border operating, financing, and investment decisions.



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9


none



12 Module Prerequisites: Recommended: Module Corporate Finance

13 Presence: none

14 Use of the module for other course programs: Bachelor Business Administration, Bachelor Economics

15 Responsible Lecturer: Professor Nadja Guenster Department: School of Business and Economics

16 Misc.:

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Business Cooperation: Governance (6 ECTS)

Lecture/Tutorial: Thursday 14:00 – 18:00, JUR 498, Term 1+2

Lecturer: Dr. Meyer

Link: http://www.wiwi.uni-muenster.de/06/nd/studium/lehrveranstaltungen/uebersicht/

Module Title english: Business Cooperation: Governance


1 Module No: BWL 21 State: Elective Language of Instruction: German and English


3

Module Structure:


1 Course Business Cooperation: Governance 4 45 h (3 CH) 75

2 Exercise Tutorial on Business Cooperation: Governance

2 15 h (1 CH) 45

3 Course Business Cooperation: Governance (english)

4 45 h (3 CH) 75

4 Exercise Tutorial on Business Cooperation: Governance (english)

2 15 h (1 CH) 45

4

Module Contents: Background and relations to other courses: Modern information and communication technologies enable enterprises to create an increasing part of their output in co-operation with other enterprises. They are developing strategic alliances, joint ventures, long-term contractual arrangements, co-operatives or mutuals and a lot of other co-operative forms of business. Although business co-operation has a long tradition, it has not been in the focus of economics until recently. The module Business Coorporation: Governance deals with theories, which are also presented in other modules, as the theory in institutional economics (Mikroökonomie III). Furthermore business cooperation’s are connected with some parts of marketing, innovation management, competition policy and game theory. In the modul Business Cooperation: Current Cases students apply their knowledge in a thesis analyzing a current case. The module Business Cooperation: Management can complement the module Business Coorporation: Governance. Furthermore there are guest lectures presented by different companies with the objective of giving students an insight into practical work. Main topics and learning objectives: The lecture and its including exercises aim to introduce students to the new world of business co-operation. They provide students with the unique opportunity to learn why

http://www.wiwi.uni-muenster.de/06/nd/studium/lehrveranstaltungen/uebersicht/

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co-operation gains relevance in business, which economic factors determine business co-operation and which types of co-operation can be distinguished. They will provide criteria, when and how to form an alliance and what peculiarities have to be taken into account. Furthermore there are guest lectures presented by different companies with the objective of giving students an insight into practical work.


Empirics of co-operation

To learn the empirical findings on co-operation. To understand how current economic conditions promote and shape co-operative arrangements. To understand why enterprises co-operate and to assess success factors of co-operation.

Theory of co-operation

Introduction into the theories of industrial economics, institutional economics, game theory and strategic management research, serving as theoretical tools for the decision for or against co-operation.

Analyzing co-operation

To identify and assess the characteristics of co-operative arrangements. To understand the combination of flexibility and stability that shape co-operation.

Types of co-operation

To learn about the different types of co-operation. To learn criteria for selecting a special type of co-operation. To assess the circumstances under which a special type of co-operation is advantageous.

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Learning outcomes: Academic: The students will have the knowledge of different types of co-operation and their advantages and disadvantages, of theoretical concepts for analyzing co-operative arrangements, of factors that shape co-operation and should demonstrate the ability, to apply this knowledge to examples, to give reasons for the selection of a special type of co-operation, to assess an economic situation and recommend a type of co-operation. Soft skills: In this module, students learn particularly the analysis of complex economic circumstances with multiple factors, abstract and lateral thinking. In the exercises, the practical solution competence for applied problems is encouraged. Learning Goal 1: Integrative Thinker Learning Goal 2: Problem Solver Learning Goal 3: Good Communicatior Lecture 70 20 10 Exercise 40 30 30 Exam 60 30 10

6 Description of possible electives within the modules: Either the german course/exercise or the english course/exercise have to be absolved.


8

Relevant Work:

Number and Type; Connection to Course Duration Part of final mark in %

Final written exam (German or English, depending on chosen lecture)

120 min. 100 %

20

9


none



12 Module Prerequisites: There are restrictions concerning the combination with Business/Economics Electives, see § 7 of the Examination Rules.

13 Presence: Presence is strongly recommended to warrant learning success.

14

Use of the module for other course programs: Bachelor Business Administration, Bachelor Economics, Bachelor Politics and Economics, Bachelor Economics and Law, Dual Bachelor Economics, Bachelor Mathematics, Bachelor Geography

15 Responsible Lecturer: Prof. Dr. Theresia Theurl Department: School of Business and Economics

16 Misc.:

21

Business Skills (3 ECTS) (each course can be taken separately)

Business English

Lecture: Tuesday 16:00 – 18:00, F1, Term 1+2

Lecturer: John Desmond Gallagher

Link: http://www.wiwi.uni-muenster.de/bachelor_bwl/wirtschaftsenglisch/wirtschaftsenglisch.html

Business French

Lecture: Monday 16:00 – 18:00, JUR 372, Term 1+2

Lecturer: John Desmond Gallagher

Please note: the number of participants for this course is limited, a registration in advance is necessary

Link: https://www.wiwi.uni-muenster.de/iur/de/business-french

Developing Negotiation Skills (3 ECTS) (Part of Business Skills)

SEMINAR, Term 2:

• Fridays 05.01.2018 – 02.02.2018, 12:00 – 16:00 SRZ 115 • Thursday 11.01.2018 – 18.01.2018, 12:00 – 16:00 and 16:00 – 18:00

Lecturer: Henning Höber


Link:

• https://www.wiwi.uni-muenster.de/iur/de/developing-negotiation-skillserasmus • https://studium.uni-

muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=250205&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung

Presentation and Communication (3 ECTS) (Part of Business Skills)

SEMINAR, Term 1+2

Thursdays 12:00 – 14:00, tba, 1210.2017 – 08.02.2018

Lecturer: Dr. Bloch


Link:https://www.wiwi.uni-muenster.de/iur/de/presentation-and-communicationerasmus

http://www.wiwi.uni-muenster.de/bachelor_bwl/wirtschaftsenglisch/wirtschaftsenglisch.htmlhttps://www.wiwi.uni-muenster.de/iur/de/business-frenchhttps://www.wiwi.uni-muenster.de/iur/de/developing-negotiation-skillserasmushttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=250205&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=250205&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=250205&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://www.wiwi.uni-muenster.de/iur/de/presentation-and-communicationerasmus

22

Business Simulation TOPSIM - SEMINAR

Dates: 18.10.2017 – 20.12.2017; Wednesdays 14:00-16:00, J490 [T1]

Lecturer: Prof. Kajüter

Please follow this link: https://www.wiwi.uni-muenster.de/iur/de/topsimerasmus Please note: the number of participants for this course is limited, a registration in advance is necessary

Business and Intercultural Communication

Lecture: Thursday 14:00-16:00 JUR2, Term 1+2

Lecturer: Hugo van Bremen

https://www.wiwi.uni-muenster.de/iub/de/studium/lehrveranstaltungen/lehrveranstaltungen-im-ws-20172018


Business Skills


1 Module No: QRS 4 State: Compulsory Language of Instruction: German and English


3

Module Structure:


1 Course Business Languages 3 30 h (2 CH) 60

2 Seminar Business Skills I 3 30 h (2 CH) 60

3 Seminar Business Skills II 3 30 h (2 CH) 60

4

Module Contents: Main topics and learning objectives: In this module knowledge in business languages and business skills relevant for the work in a company will be gained. As business languages can be chosen: English, Spanish, and French. Alternatively there is the possibility to absolve a basic course in chinese with 4 h per week (instead of 2 h). In Business Skills I and II valuable personal skills for business practiques, like presentation techniques, working in team, and problem-solving. The offer is always changing, therefore only course examples can be given, like Business Simulation Game COMPEX, Personality and Social Competence or scientific working.

5 Learning outcomes: Academic: After completion of the language courses students have sound knowledge in the

https://www.wiwi.uni-muenster.de/iur/de/topsimerasmushttps://www.wiwi.uni-muenster.de/iub/de/studium/lehrveranstaltungen/lehrveranstaltungen-im-ws-20172018https://www.wiwi.uni-muenster.de/iub/de/studium/lehrveranstaltungen/lehrveranstaltungen-im-ws-20172018

23

relevant business language and the necessary vocabulary. Alternatively students gain basic knowledge in Chinese. Soft skills: Students improve their self-, social- and technical-competence by understanding and applying the themes communication, presentation techniques, elocution, leadership, work-and self-organization and creative techniques. Further they will learn to structure problems, develop solutions and reflect the consequences of economic decisions.

6 Description of possible electives within the modules: A business language course or Chinese respectively have to be absolved. Business Skills I and II can be chosen from a broad offer.


8


Written exam in a business language 60 min. 100 %

9


Final exam Business Skills I depends on course


11 Weight of the module grade for the overall grade: 5% (9 of 180 CP)

12 Module Prerequisites: For business languages English, Spanish, French basic knowledge (from school) in the respective language.

13 Presence: Dependung on course. For business languages, presence is mandatory.

14 Use of the module for other course programs: Bachelor Business Administration

15 Responsible Lecturer: Professor Dr. Peter Kajüter Department: School of Business and Economics

16 Misc.:

24

Operations Management (6 ECTS)

Lecture: Tuesday, 10:00 – 12:00, JUR 2, Term 1+2

Lecturer: Jun.-Prof. Dr. Stephan Meisel

Tutorial: Thursday, 12:00 - 14 :00, H2, Term 1+2

Tutor: Jun.-Prof. Dr. Stephan Meisel

Link: https://www.wi.uni-muenster.de/student-affairs/course-offerings


Operations Management

Course Program: Bachelor Information Systems PO 2010

1 Module No: BWL 4 State: Compulsory Language of Instruction: German and English

2 Semester: 3 CP: 6 Workload (h): 180

3

Module Structure:


1 Course Operations Management 3 30 h (2 CH) 60

2 Exercise Tutorial on Operations Management 3 30 h (2 CH) 60

4

Module Contents: Background and relations to other courses: This module gives an introduction into the field of operations management. Selected business cases motivate the themes by demonstrating the potential that can be realized with good operations management. Furthermore, the basic methods of operations management and their practical application are taught. The exercise supports the practice and deepening of the lecture content by applying it to concrete problems. Operations management deals with the management of processes in the production and service sector, and is located in the functional unit operations. For managing the assigned processes it is necessary to continually coordinate with other functional areas. For instance, it is important for inventory management to know the upcoming sales promotions planned by marketing. Regarding other courses, students should have successfully passed the first and the second semester, especially the lectures “Mathematics for Economists” and “Statistics I”. Furthermore, this module is a foundation for the module “Logistics Management”. Main topics and learning objectives: The core objective of this module is to teach the most important qualitative and quantitative methods under the below themes.

https://www.wi.uni-muenster.de/student-affairs/course-offerings

25


Forecasting and Demand Planning

To Describe and compare various types of quantitative and qualitative models. To Determine which forecasting model produces the best forecast for given data. Controlling charts to monitor a forecast.

Location Planning To Learn different approaches for location decisions.

Process Design To design, model and improve processes by using different approaches.

Inventory Management

To learn different functions of inventories, objectives of inventory control, and techniques for determining how much to order and when to order.

Production Planning

To learn the different approaches for production planning like manufacturing resources planning, aggregate planning, master production schedule, materials requirements planning and concepts and criterions for just in time production.

Scheduling Operations

To comprehend the objectives and methods of scheduling operations e.g. to allocate workloads to specific work centers and to determine the sequence in which operations have to be performed.

Supply Chain Management

To get an overview of drivers, definition, objectives and building blocks of supply chain management. To learn specific methods of supply chain management for product and process design.

5

Learning outcomes: Academic: The student should demonstrate the ability to reproduce his knowledge about the concepts and methods of Operations Management, to apply that knowledge to a new context, and to integrate and apply the taught themes. Soft skills: By preparing and reviewing the lecture contents and tasks given in the exercise in workgroups during their self-study, students improve their team work skill. This is supported by a Learnweb discussion forum that is guided by the chair. Furthermore, this course increases their ability to understand formal texts (like mathematical formulas) and to solve quantitative tasks. Also, students learn how to use software tools that support mathematical calculations.



8



9 Study Work:

26

Number and Type; Connection to Course Duration

none



12 Module Prerequisites: Students should have successfully passed the first and the second semester, especially the lectures “Mathematics for Economists” and “Statistics I”.

13 Presence: none

14 Use of the module for other course programs: Bachelor Business Administration, Bachelor Economics, Bachelor Information Systems

15 Responsible Lecturer: Prof. Dr.-Ing. Bernd Hellingrath Department: School of Business and Economics

16 Misc.:

27

Organizational Culture (6 ECTS) Lecture: 12 – 14 teaching units of 90 minutes each

Lecturer: Prof. Dr. Schewe

Link:https://www.wiwi.uni-muenster.de/orga/de/studium


https://www.wiwi.uni-muenster.de/orga/de/studium/veranstaltungen

II. INTRODUCTION

In an increasingly volatile, uncertain, complex, and ambiguous business environment in which competition becomes more and more global and therewith more dynamic and tough, high-performance organizations widen their focus on alleged soft factors like organizational culture. To be able to adapt successfully to the ever evolving environment and to maintain competitive advantages, a single focus on fiscal outcomes is not sufficient. The habits of the constituting people of the organization are crucial for the long-term success. Top-Executives should understand the principles of how the culture of their companies emerges and how it can be managed.

https://www.wiwi.uni-muenster.de/orga/de/studiumhttps://www.wiwi.uni-muenster.de/orga/de/studium/veranstaltungen

28

In global research on organizational culture a shift can be observed towards the investigation of those principles which enable the organization to act in a socially responsible, a sustainable, and a caring manner. To better understand how these principles work in theory and practice, how organizational culture can be measured and developed, and which impact it has on the overall success of organizations can be considered to be a main competence for future business leaders and consultants.

III. EDUCATIONAL OBJECTIVES

The course “Organizational Culture” is composed of a lecture and a tutorial. The tutorial gives additional insights into a few central topics discussed in the lecture.

At the end of the class the students will …

be aware of the major definitions and theoretical framework of organizational culture,

be able to understand what influences organizational culture,

know the impact of organizational culture on the entire organizational system and its outcomes,

have an idea of how to measure organizational culture in an international context,

know about the core principles of high-performance cultures especially according to innovation, leadership, compliance and corporate social responsibility,

have an insight into the importance of an adaptive organizational culture in business practice, and

have worked on case studies about young social enterprises from Latin America and Europe in order to apply their learnings practically.

IV. CONTENTS

According to Edgar Schein (2010) organizational culture can be defined as the sum of shared and accepted habits in an organization. This lecture provides the students with a state-of-the-art knowledge of the most relevant theoretical contributions to this field as well as with practical methods to measure and influence organizational culture. Additionally they can work on not-yet-published case studies about young social enterprises with which the class will elaborate on the cultural specifics of companies that have a strong sustainability purpose.

The course gives insights into one of today’s most discussed business topics – Corporate Social Responsibility (CSR):

Corporate Social Responsibility (CSR) & Organizational Success

- Cultural specifics of social companies

- International case studies: Algramo, Ecolibro, Best Energy, TriCiclos, and more

The course consists of five main topics that will be developed in a combination of inputs, discussions as well as single and group exercises:

1. Definitions of organizational culture including main theoretical models

29

- Organizational culture according to Edgar Schein

- Dimensions of organizational culture according to Geert Hofstede

- Feedback & risk as main factors of organizational culture (Deal & Kennedy)

- Four types of organizational culture according to Harrison

2. Antecedents and consequences of organizational culture

- Organizational theory according to Fritz Simon

- Organizational culture and organizational success

- Success factors of cultural change

3. Success factors of high-performance cultures

- Innovation (error and risk culture, psychological safety)

- Compliance (health and safety, high reliability teams, transparency)

- Cooperation and communication

- Exemplary case studies of high-performing-teams: German National Soccer Team, Lucerne Festival Orchestra, America´s cup winner alinghi

4. Leadership culture

- Transactional & transformational leadership culture according to Bass & Avolio

5. Measuring organizational culture

- Organizational Description Questionnaire (ODQ) according to Bass & Avolio

- Cultural Radar according to Dension

- HPO Analyzer according to Heidbrink including an exercise with the class

V. BASIC CONDITIONS

Mandatory attendance

Necessity to participate actively, to contribute to the discussions, and to share personal experiences

List of required readings follows

Lecture language is English

Optional tutorial (duration / dates tbd)

VI. TARGET GROUP

Bachelor students in business who participate in the international exchange program of the Westfälische Wilhelms-Universität Münster and bachelor students in their last study year.

VII. EXAMINATION

30

- Written exam (60 %)

- Group presentation about one one sub-topic of Organizational

Information Systems for Business and Economics students (6 ECTS) Lecture, Term 1+2

TUE. 16:00 - 18:00 weekly 10.10.2017 - 30.01.2018 Am Stadtgraben 9 - ST A 1

FRI 10:00 - 12:00 weekly 13.10.2017 - 02.02.2018 Am Stadtgraben 9 - ST A 1

Lecturer: Prof. Dr. Dr. h. c. Dr. h.c. Becker, Dr. Räckers

Link:

https://studium.uni-

muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246449&modul

eCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung

Ethics in Finance (6 ECTS)

Time schedule, Term 1:

• Start: 04.11.2017 ONLINE (see link below) with online self studies: o Online case study: max 3000 words, due after 2 weeks from 04.11., and o Online Essay: max 2000 words, due 31.11. o Reading material will be published online (see link below).

• PLUS Block term from 04.12. - 07.12.2017

o Group Case study &Group Debate, presentations. o Attendance is required. o No exam.

Lecturer: Prof. Dr. Krishna Reddy, Prof. Dr. Langer

Registration for this course is required – starting in October 2017 (link below).

Foreign students will be preferred.

Link: https://www.wiwi.uni-muenster.de/fcm/fcm/studium/Vorlesung.php?weobjectID=7890

https://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&moduleCall=webInfo&publishConfFile=webInfoRaum&publishSubDir=raum&keep=y&raum.rgid=16700https://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&moduleCall=webInfo&publishConfFile=webInfoRaum&publishSubDir=raum&keep=y&raum.rgid=16700https://www.wiwi.uni-muenster.de/fcm/fcm/studium/Vorlesung.php?weobjectID=7890https://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung&veranstaltung.veranstid=246449&expand=433239#433239https://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=transform&vmfile=no&publishid=433239&moduleCall=iCalendar&publishConfFile=reports&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung&veranstaltung.veranstid=246449&expand=433240#433240https://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=transform&vmfile=no&publishid=433240&moduleCall=iCalendar&publishConfFile=reports&publishSubDir=veranstaltung

31

Scotiabank International Case Competition (SICC) (3 ECTS)

Lecture: Block term: 21.03.2018 – 24.03.2018

Lecturer: Prof. Berens

More Information coming soon.

Link:

https://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246457&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung

SMATLAB for Finance Lecturer: Prof. Branger

More Information coming soon.

Link:


Economics: Principles of Economics (3 ECTS)

Lecture: Thursday 10:00 – 12:00, H2, Term 1+2

Lecturer: Jun.-Prof. Dr. Stühmeier

https://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246457&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246457&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246457&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246507&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246507&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246507&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung

32

Tutorial: Thursday 18:00-20:00 JUR 4


Microeconomics I


1 Module No: VWL 1 State: Compulsory Language of Instruction: German, partly English


3

Module Structure:


1 Course Principles of Economics (German and English)

1.5 30 h (2 CH) 15

2 Exercise Tutorial on Principles of Econoics 1.5 30 h (2 CH) 15

3 Course Microeconomics 6 60 h (4 CH) 120

4 Exercise Exercises in Microeconomics 3 30 h (2 CH) 60

4

Module Contents: Main topics and learning objectives: The course “Principles of Economics” deals with the basics of economic activity, of markets and market failures. The course “Microeconomics” deals with the theory of the household on the one hand (optimal household behavior, demand for goods, factor supply, insurance and uncertainty) and with the theory of the firm on the other (theory of production, least cost combination, supply of goods, factor demand). Moreover, theorems of welfare economics and incomplete markets are discussed. The aim of the exercises is to deepen the theoretical understanding acquired in the courses by providing problem sets that are solved by the students.

5

Learning outcomes: Academic: Students acquire an overview over the basic concepts of economics. They are able to understand and apply central theories and models. The courses of this module form a basis for more advanced courses.


7 Examination: Examinations for every part of the module

8


Written exam on Principles of Economics 60 min. 25 %

33

Written exam on Microeconomics 120 min. 75 %

9


none




13 Presence: none

14 Use of the module for other course programs: Bachelor Business Administration, Bachelor Economics, Bachelor Mathematics, Bachelor Geography

15 Responsible Lecturer: Professor Dr. Martin Bohl, Professor Dr. Andreas Löschel

Department: School of Business and Economics

16 Misc.: The course “Principles in Economics” is offered in each winter term, the courses “Microeconomics” and “Exercises in Microeconomics “ each summer term.

34

Econometrics I (6ECTS) (Term 2)

Lecture

Mo. 12:00 bis 14:00 weekly 27.11.2017 - 29.01.2018 Am Stadtgraben 9 - ST A 1

Mo. 14:00 bis 16:00 weekly 27.11.2017 - 29.01.2018 Am Stadtgraben 9 - ST A 1

Lecturer: Dr. Mutschler

Link:


Tutorial

FRI. 10:00 - 12:00 weekly 01.12.2017 - 02.02.2018 Juridicum - JUR 498

FRI. 12:00 - 14:00 weekly 01.12.2017 - 02.02.2018 Juridicum - JUR 498

Lecturer: Dr. Mutschler

Link:


https://studium.uni-muenster.de/qisserver/rds;jsessionid=B67E6F4985C04C7E41E38CBF0D41BA42?state=verpublish&status=init&vmfile=no&moduleCall=webInfo&publishConfFile=webInfoRaum&publishSubDir=raum&keep=y&raum.rgid=16700https://studium.uni-muenster.de/qisserver/rds;jsessionid=B67E6F4985C04C7E41E38CBF0D41BA42?state=verpublish&status=init&vmfile=no&moduleCall=webInfo&publishConfFile=webInfoRaum&publishSubDir=raum&keep=y&raum.rgid=16700https://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=255304&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=255304&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=255304&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&moduleCall=webInfo&publishConfFile=webInfoRaum&publishSubDir=raum&keep=y&raum.rgid=16639https://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&moduleCall=webInfo&publishConfFile=webInfoRaum&publishSubDir=raum&keep=y&raum.rgid=16639https://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=255298&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=255298&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=255298&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds;jsessionid=B67E6F4985C04C7E41E38CBF0D41BA42?state=verpublish&status=init&vmfile=no&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung&veranstaltung.veranstid=255304&expand=451422#451422https://studium.uni-muenster.de/qisserver/rds;jsessionid=B67E6F4985C04C7E41E38CBF0D41BA42?state=verpublish&status=transform&vmfile=no&publishid=451422&moduleCall=iCalendar&publishConfFile=reports&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds;jsessionid=B67E6F4985C04C7E41E38CBF0D41BA42?state=verpublish&status=init&vmfile=no&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung&veranstaltung.veranstid=255304&expand=451424#451424https://studium.uni-muenster.de/qisserver/rds;jsessionid=B67E6F4985C04C7E41E38CBF0D41BA42?state=verpublish&status=transform&vmfile=no&publishid=451424&moduleCall=iCalendar&publishConfFile=reports&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung&veranstaltung.veranstid=255298&expand=451395#451395https://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=transform&vmfile=no&publishid=451395&moduleCall=iCalendar&publishConfFile=reports&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung&veranstaltung.veranstid=255298&expand=451396#451396https://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=transform&vmfile=no&publishid=451396&moduleCall=iCalendar&publishConfFile=reports&publishSubDir=veranstaltung

35

Trade Theory and Policy ( 6 ECTS)

Lecture: Thursday 12:00 – 14:00, ST A 1 (Stadtgraben 9), Term 1+2

Lecturer: Prof. Dr. Kempa

Tutorial: Tuesday 16:00 – 18:00, J489, Term 1+2

Tutor. Prof. Dr. Kempa

Link: http://www.wiwi.uni-muenster.de/iioe/studieren/module/index.html

Module Title english: Trade Theory and Policy


1 Module No: VWL 11 State: Elective Language of Instruction: English


3

Module Structure:


1 Course Trade Theory and Policy 4 30 h (2 CH) 60

2 Exercise Tutorial on Trade Theory and Policy 2 30 h (2 CH) 60

4

Module Contents: Background and relations to other courses: Over the last 60 years, most countries around the world have pursued a policy of incrementally removing barriers to international trade, reflecting the view that free trade is a force for prosperity. At the same time, worries about the effects of free trade on the international competitiveness of domestic industries have led many countries to engage in protectionist policies which limit or distort the free flow of goods and factors. Studying the causes and consequences of international trade integration therefore becomes an indispensable tool of assessing and evaluating the relative pros and cons of globalization. Main topics and learning objectives: This course provides an overview of the economics of international trade. The first part introduces the student to the subject of trade theory, which deals with questions of whether or not trade is better than autarky. To this end, the major models of international trade are developed and used to explain the structure of international trade as well as its consequences for factor markets and economic welfare. The second part of the lecture deals with trade policy issues which asks the question of whether restricted trade is better than free trade. To this end, the functioning of various trade policy instruments is analyzed and their impact on trade, factor allocation and welfare are evaluated.

http://www.wiwi.uni-muenster.de/iioe/studieren/module/index.html

36


The Ricardo model To learn about the concept of comparative advantage and its implications for trade patterns and welfare.

The Heckscher-Ohlin model

To investigate the effects of international trade on factor markets, factor prices and the distribution of income.

The new trade theory

To assess the trade and welfare effects of intra-industry trade.

Instruments of trade policy

To study the effects of trade barriers such as tariffs, quotas or subsidies on trade patterns, trade volumes, and economic welfare.

Strategic trade policy

To analyze the strategic interaction of firms and the role of rent-seeking trade policy.

International factor mobility

To contemplate the incentives and consequences for the international movement of capital and labor.

5

Learning outcomes: Academic: The module provides basic knowledge and skills in international economics and enables the students to conduct independent economic policy argument based on theoretical, model-based foundations and empirical research results. This knowledge can be incorporated in numerous economic and business fields of economic activity, particularly in international organizations, foreign trade policy departments of ministries, research institutes and internationally operating company. Lecture: Learning Goal 1: Integrative Thinker : 100% Learning Goal 2: Problem Solver: 0% Learning Goal 3: Good Communicator: 0% Tutorial: Learning Goal 1: Integrative Thinker: 40% Learning Goal 2: Problem Solver: 40% Learning Goal 3: Good Communicator: 20% Exam: Learning Goal 1: Integrative Thinker: 50% Learning Goal 2: Problem Solver: 30% Learning Goal 3: Good Communicator: 20% Soft skills: The analysis of interdependencies conveys the ability to solve economic policy problems.



8


Written exam 90 min. 100 %

9


none

37




13 Presence: Strongly recommended

14 Use of the module for other course programs: Bachelor Business Administration, Bachelor Economics, Bachelor Mathematics, Bachelor Geography

15 Responsible Lecturer: Professor Dr. Bernd Kempa Department: School of Business and Economics

16 Misc.:

Economic Policy for Business Students (6 ECTS)

Lecture: Wednesday 12:00-14:00 F4, (1+2 Term)

Lecturer: Prof. Klein

Introduction into Economic Regulation for Business Students (6 ECTS)

Lecture: Wednesday 16:00-18:00 F4, (1+2 Term)

Lecturer: Prof. Klein

Environmental Economics (6 ECTS) SEMINAR; Term 1+2

• 09.10.2017 (Montag), 15:00 – 16:00, J253 • 15.01.2018, 08:00 – 18:00, STA 2

38

• 16.01.2018, 08:00 – 18:00, SRZ 5 • 17.01.2018, 08:00 – 18:00, SRZ 115

Link:


Lecturer: Prof. Dr. Löschel

Link:


https://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246733&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246733&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246733&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246733&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246733&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://studium.uni-muenster.de/qisserver/rds?state=verpublish&status=init&vmfile=no&publishid=246733&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung

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Information System:

Electronic Business (6 ECTS)

Lecture/Tutorial: Monday 12:00 – 14:00, Leo 1, Tuesday 10:00 – 12:00, Leo 1, Terms 1+2

Lecturer: Prof. Dr. Klein

Link : https://www.wi.uni-muenster.de/de/studierende/lehrangebot

Module Title english: Electronic Business

Course Program: Bachelor Information Systems PO 2010

1 Module No: WI 6 State: Compulsory Language of Instruction: English

2 Semester: 5 CP: 6 Workload (h): 180

3

Module Structure:


1 Course Electronic Business 2.5 30 h (2 CH) 45

2 Exercise Course Assignments, Presentations & Discussion

3.5 30 h (2 CH) 75

4

Module Contents: Main topics and learning objectives: Electronic Business is thriving and is making significant inroads in business and everyday life. In fact, doing business electronically has become an integral part of everyday life for public and private organisations, both large and small, across the globe. Based on the information society discourse and related political visions like “eEurope”, the course will provide an overview of the core building blocks of business models. As it is widely recognized that eBusiness is best understood in a sectorial context, which reflect the contingencies and specifics of a respective industry, the course will use the travel and tourism industry as lead example and elaborate on the usage and development of eBusiness across different segments of that industry. Travel and tourism is an example of a global services industry characterized by a high level of information intensity and ICT innovation. Given the increasing exposure of businesses to security threats, the course will provide a brief introduction into theoretical and practical security, security strategy and privacy. Given the ongoing dynamics in business and the related need to manage and prioritize projects, the course encompasses a module in project management. The module explains the need for project management and introduces project management methods as well as different perspectives on IT project management.

https://www.wi.uni-muenster.de/de/studierende/lehrangebot

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Internet Economics and the Information Society

To learn about ICT-related political visions and action programmes and to assess their role for companies and citizens.

eBusiness basics: technology driven business innovation

To understand the role of eBusiness models and to critically assess the development of electronic business and the role of technology (ICT).

The tourism industry To identify stakeholders and their roles, to understand the specifics of tourism products and to assess the transformation of tourism distribution systems. To understand how service properties and industry structures shape managerial decisions.

The customer perspective

To comprehend the customer buying cycle and the notion of CRM. To assess the role of Prosuming and service configuration.

Content management

To appreciate the role of content in tourism and to distinguish different models of content production and provision as well as rights management.

5

Learning outcomes: Academic: In preparing a briefing, debate or demonstration, the student should demonstrate the ability • to select, engage with, assess and apply pieces of literature, • to build a concise, yet coherent argument and • to identify open issues. In the written examination, the student should demonstrate the ability • to develop a coherent argument within a limited period of time, • to integrate and apply several concepts, • to weigh pros and cons or identify t

Documents

Courses in English, Fall 2017/18 · Courses in English, Fall 2017/18 . at the School of Business and Economics, Westfälische Wilhelms-Universität Münster . As of September 4. th,