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Topics in General Management

WI001159Areas of Specialization3 ECTSGerman/Englishsummer semesterLehrstuhl für Financial Accounting (Prof. Ernstberger)
AI-edited module sheet. Based on the TUMonline module description, edited for readability.Original in TUMonline

What it is about

You play in a supervised business simulation, several rounds against other teams on a virtual market. You make decisions on purchasing, personnel, R&D, machine run times, marketing, sales markets as well as financing and you learn how these decisions affect company metrics in the short term and the long term.

What you will be able to do

  • Understanding the interdependencies of the disciplines in business administration
  • Decision making considering short- and long-term consequences
  • Steering of various business areas (Marketing, R&D, HR, Production, Finance)
  • Dealing with exogenous shocks and developing competitive strategies
  • Analysis of target deviations and derivation of measures

What the module consists of

  • EinführungKurzvortrag und Trainingsrunde zur Vermittlung der Spielmechanik
  • Betreutes Business-Simulation-Game (Lab)Multiple decision rounds in a virtual market with feedback after each round
  • DebriefingSummary and reflection of important decisions and their consequences
  • Online-QuizzesReview and deepening of understanding of theoretical interrelations

Teaching method

  • KurzvorlesungExplanation of the game mechanics and theoretical foundations
  • Praktische Spielrunden (Simulation)Enables applying decisions in a dynamic, competitive environment
  • Tutorierte Lernteams / DiskussionenExchange of strategies and reasons for decisions in small groups
  • Online-QuizzesEnsuring understanding of disciplinary interdependencies
  • DebriefingReflection and summary of learning outcomes

Dates

Lecture with exerciseTopics in General Management (WI001159, deutsch, englisch): Planspiel2 groups to choose from

  • AFri14:00–19:00Online: Moodle
    2× · 18.12.–29.01.
    • 18.12.
    • 29.01.
  • BMon08:00–14:00Online: Moodleonce on 12.10.

From the current semester, not binding. You attend one of several groups; the timetable automatically suggests the one with the fewest clashes.

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Official page in TUMonline · Details are not binding.