Foundations of Corporate Management

Type of course: Lecture, seminar

Time: Winter term and summer term

Place: In Person

Lecturer: Stephan Buse & Stephan Bergmann

Contact: Stephan Buse & Stephan Bergmann

The module is splitted into Foundations of Business Management, taking place in the winter term, and Foundations of International Management, taking place in the summer term.

In addition to the classical lecture approach, case study analyses and the implementation of a business simulation are used. This course teaches the relevant elements of strategic business management. It covers various areas of business administration (e.g. strategic management and aspects of marketing). Upon completion of the course, students should understand different perspectives on the topics and know in which situations which tools can be used and what the limitations of these models/concepts are. Students will be able to integrate future strategy and business model concepts into the taxonomy of approaches. The course thus provides an introduction to the most important principles and concepts necessary to understand how companies operate in today's business world. This includes the analysis of an extremely dynamic, increasingly globalizing competitive environment as well as the analysis of the required internal (core) competencies. It also aims to develop analytical skills that facilitate problem-solving and strategic decision-making activities in companies. In addition to the classical lecture approach, case study analyses and the execution of a business simulation are used.