Business Ethics

Tutor/Professor

Prof. Dr. Knut Reese

Subject

Problems and opportunities in running businesses ethically

Contents

Ethics and morality, Ethical problems in daily management, Reasons for unethical behavior, Ethical sensibility, Property Rights and their obligations, Sustainable development

Aim

Improving awareness of the long–term damages of non–ethical  business leadership

Method of Teaching

Seminars

Prerequisites

Competency in English

Range of Use

Overarching all business functions

Duration

1 Semester

Workload

Each week:4 hours of seminars,4 hours of homework, in total: 128 hours

Credits

6 ECTS

Examination

written exam of 120 minutes

Number of Participants

open

PC-Business Simulation Game Ludus

Tutor/Professor

Herr Beifert

Subjects

Business Simulation Game

Contents

1. Preparing case studies in Management Accounting
2. Business strategy and Management
3. Business Simulation Game
- Analysis of the starting situation
- Preparing rounds
- Main Rounds
- Discussion of the results
- Business Report

Aim

LUDUS is a PC-based Business Simulation Game where up to 6 companies are competing on 3 markets namely Germany, EU and NAFTA. Each company has a board of directors consisting of students being responsible for all economical decisions. The main decision fields are marketing, production, logistics and finance. The game is played in several rounds

(usually up to 6 ) and each company decision must be stored on a floppy disk. To manage the game there is a special programme that must be installed on a PC.

Method of Teaching

Seminar in a PC-lab

Prerequisites

- Basics in BA

- Spread Sheets (EXEL)

- Basics in Accounting and Costing

- Management Accounting (not mandatory)

Range of Use

Many links to Controlling “International Management and "International Marketing"

Duration

1 Semester

Workload

4 hours per week

Credits

6 ECTS

Examination

Business Report 6 Oral Exam at the end of the course

Number of Participants

up to 25 students

Current Themes in Commerce

Tutor/Professor

Dallas Reese

Topic

The major emerging issues that will determine the future nature of commercial life.

Contents

The exact content will vary from semester to semester, as issues emerge. However, the focus is on spotting and describing the nature and consequences of developing events that are capable of causing substantial disruption to the stability of business environments in the middle and long term unless these are suitably strategically accommodated. Some enduring dilemmas include various factors causing disruptions to the labour market, energy supply, and access to raw materials. New communication and market structures and the consequences of the financial crisis are also enduring theme areas.

Aim

The aim of the course is to complement and put into a real world context the technical subject knowledge acquired in standard subjects.

Method of Teaching

Seminars

Prerequisites

None

Range of Use

In all parts of all commercial enterprises

Duration

1 Semester

Workload

4 SWS

Credits

5 ECTS

Examination

APL (project)

Number of Participants

No limit

Knowledge Management

Tutor/Professor

Prof. Dr. U.Lämmel

Contents

Central part of the lecture is the representation of knowledge. Various types of knowledge representations were discussed.

Knowledge Networks and Topic Maps are used to represent individual as well as organisational knowledge.

Aim

Students see the importance of knowledge management for an organisation and know the possibilities of information technology to support knowledge management.

Students learn to deal with knowledge as an extension of information. You are able to extract knowledge from the real world and can translate it into a formal representation a computer can deal with.

You can choose appropriate knowledge representation and processing for a certain problem.

The advantage of a semantic search (knowledge based) against a pure syntactic one (google) will become evident.

Method of Teaching

Lectures, project work and seminars

Prerequisites

the module is part of a Master’s programme

Range of Use

Management, Application of information technology

Duration

1 Semester

Workload

4 hours per semester

Credits

5 ECTS

Examination

oral exam

Number of Participants

open

Business Contracting

Tutor/Professor

Dallas Reese

Subject

Commercial contracts

Contents

Commercial contracts are made in the first instance by business practitioners. Lawyers often assist and can be better utilized if the commercial side understands more about the basics of contracts. The course provides an introduction to contracts involving the exchange of goods. The focus is on:

-Analysis and interpretation of the language used in commercial contracts;

-Investigation of standard form contracts and their application;

-Practical examples drawn from industry

Aim

Method of Teaching

Prerequisites

Range of Use

Duration

1 Semester

Workload

4 hours per week

Credits

6 ECTS

Examination

Number of Participants

No limit

Doing Business in Germany

Tutor/Professor

Mr. A.Beifert

Subject

Doing Business in Germany

Contents

Introduction to German business structures:

- Geography and infrastructure

- History

- Demographics

- Social structure

- Language and culture

- Political and economic background

- Legal environment

- Economic environment

- Market environment

- Education and training

- Start-up procedures

- Case studies

Aim

Understanding the German business environment

Method of Teaching

Seminar and project oriented work

Prerequisites

None

Range of Use

Duration

1 Semester

Workload

4 hours per week

Credits

6 ECTS

Examination

Presentation and project paper

Number of Participants

Unlimited

Intercultural Practice Project

Tutor/Professor

Mrs.Narangerel Tsendbaatar

Contents

The course is designed for exchange students at the business department. The project will give the students the opportunity to gain insight into business processes of German enterprises and administration. The hosting enterprise or administration authorities will give the students a task including an international aspect.

Aim

The students will get insight into business processes of German companies / administrative authorities. They will work on a task in a real business context. This will strengthen the communication competences of the students. At the same time practical skills such as planning the task,

keeping records of the work and presenting results will be trained.

Method of Teaching

The Intercultural Practice Project will be offered during the two project

weeks of the University of Wismar. During the input and preparation phase classes are offered for the whole group. During the internship each student will be placed individually or in a small group in a company or an

administrative authority. For the final presentation and deliberation we will again have in-class lectures for the whole group.

Prerequisites

No prerequisites

Duration

1 Semester

Workload

4 hours per semester

Credits

5 ECTS

Examination

At the end of the course all students have to give a presentation

and pass an oral exam evaluating their participation.

Number of Participants

Max. 20

E-Commerce

Tutor/Professor

Prof. Dr. Dr. H.Neunteufel

Contents

Economic and technical aspects of e-commerce; forms of e-commerce (e.g. e-purchasing, e-markets, e-sales, etc.), business models, role of classical marketing istruments in the electronic environment; entrepreneurship in e.commerce; technical issues: history and operational principles of the Internet and internet applications; world wide web and the reason for its popularity; internet programming languages; content management; e-payment systems; cryptography; information security

Aim

Familiarization with the economic and technical aspects of e-commerce; students will

- know the role of e-commerce in the economy

- be able to develop internet business models

- be able to evaluate business models for the internet

- have a knowledge abou key technical issues of the internet and e-commerce

- use the internet effiviently and profitably

Method of Teaching

Lectures and presentations, and seminars

Prerequisites

None

Range of Use

Business majors will have much needed insight into internet applications.

Duration

1 Semester

Workload

4 SWS

Credits

5 ECTS

Examination

Paper and presentation

Number of Participants

No limit

German Language and Culture

Tutor/Professor

Mrs. M.Schmidt

Contents

For our exchange students we offer a course in "German Language and Culture" which is realized by the language center of the Wismar University. The students will be divided into groups according to their individual level in German.

Aim

Method of Teaching

Lectures and seminars

Prerequisites

Range of Use

Duration

1 Semester

Workload

4 SWS

Credits

5 ECTS

Examination

At the end of the course all students have to pass an oral examen evaluating their participation.

Number of Participants

International Public Law

Professor

Prof. Dr. Friederike Diaby-Pentzlin

Subjects

International Public Law with an emphasis on International Economic Law.

Contents

1. Basics principles of international public law such as

- Subjects of international public law, their elementary rights and duties

-     Sources of international public law

-     Relation between International and National Law

-     International Organisations, the UN system, the international justice system

2. Selected Issues of the international public order focussing on economic topics like the

¾     System of the World Trade Organisation

¾     Word Financial Order

¾     Transnational Corporations and Investment Protection

¾     International Law of the Environment

¾     International Law of the Sea

¾     ILO and International Labour Law

Aim

Students are able to identify questions of international public law, know how to deal with international norms and are able to apply them to practical problems and cases.

Method of Teaching

2 hours of interactive lectures

2 hours of exercises, case studies

Prerequisites

Good general knowledge of Civil and Public Law

Range of Use

Links to diverse topics of international business administration.

Duration

1 Semester

Workload

4 hours per week

Credits

6 ECTS

Examination

120 minutes written exam at the end of the course (case solution as practised)

Number of Participants

up to 25 students

Intercultural Management

Tutor/Professor

Mrs. Dallas Reese

Contents

The maintain topics to be discussed are:

- strategic planning in international management

- Foreign Direct Investment versus joint ventures

- The EPRG- and TRIAD- models

- Porter’s globalization strategy

- Culture as the central challenge

- communication and distribution

- purchasing and manufacturing

- motivating international personnel

- international design and development

- International finance

- Islamic banking

- organizing and structuring a multinational firm

Aim

Expecting a culture shock when moving overseas and how to deal with it

Method of Teaching

Lectures

Prerequisites

Competency in English

Range of Use

Close connection to Export Marketing

Duration

1 Semester

Workload

Each week:

4 hours of seminars

4 hours of home work

In total: 128 hours

Credits

5 ECTS

Examination

Written exam of 120 minutes

Number of Participants

open

Monetary Policy

Tutor/Professor

Prof. Dr. Reimers

Subject

Monetary Policy

Contents

In the beginning definitions of money and its functions are given. Then basic issues of financial markets are described like interest rate explanations and the term structure of interest rates. The next part examines the demand for money and the money supply process. Afterwards the monetary policy transmission process is investigated, where various channels are examined. Thereafter, the institutional framework for monetary policy and the strategies for a stability-oriented monetary policy are explained. These issues are applied to the European System of Central Banks and European Economies. 

Aim

At the end of the course the students should

-          be able to understand monetary relationships in the European Union and to assess the effects of central banks on the financial and real variables of an economy

-          assess the different monetary strategies in the European Union and the decisions of the central banks

-          be able to assess main topics of the monetary policy in the European Union.

Method of Teaching

Lectures, seminars and student presentations

Prerequisites

Economics

Range of Use

Business Administration, Business Law, Business Informatics

Duration

1 Semester

Workload

4 hours per semester

Credits

6 ECTS

Examination

Oral presentation and written paper

Number of Participants

35

European Business Law

Tutor/Professor

Prof. Dr. Andreas Bücker

Subject

European Business Law

Contents

 Introduction into EU Law for undergraduate students. The
cours covers:
History and concept of integration
Organisational structure of the EU
Relationship between EU Law and national law.
Charter of fundamental rights
European Economic Law

Aim

Method of Teaching

Prerequisites

Range of Use

 Many links to legal and economic programmes

Duration

1 Semester

Workload

4 hours per week

Credits

5 ECTS

Examination

Number of Participants

Evaluate and Decide

Tutor/Professor

Prof. Dr. Emil Larek

Subject

Evaluate and Decide

Contents

Introduction to Probability and Distribution Theory

-Summarise and describe the important characteristics

-Summary statistics, graphical presentation of data

-Drawing conclusions, make predictions, make decisions

-Test of Hypothesis, Interval Estimation, Non-parametric tests of hypothesis, Chi-square tests and Contingency tables

Design and Analysis of Experiments

-Simple, multiple and polynomial regression

-Systematic sampling, sampling survey and questionnaire design

-Stratified populations and stratified simple random sampling

-Cluster and multistage sampling

Statistical computing using a Computer package

Aim

The course will give an introduction to the use of statistical methods for collecting arguments before making decisions

Method of Teaching

Lesson and Seminar weekly

Prerequisites

Language of instruction is English.

Basic knowledge in Mathematics and Probability Theory.

Range of Use

The subject gives a basis for further studies in Civil Engineering, Electronic Engineering, Business Management and others.

Duration

1 Semester

Workload

4 hours per week

Credits

6 ECTS

Examination

Exercises announces by lecturer, written examination.

Number of Participants

up to 25 students

Cross-Cultural Issues in International Project Management

Tutor/Professor

Prof. Dr. Herbert Neunteufel

Subject

Cross-Cultural Issues of International Projects

Contents

Definition of “culture”, history and development of cultural characteristics of key countries (Europe, America, Asia), the role, advantages, disadvantages and utilization of stereotypes as perceived by all parties; manners and customs, social structure of cultures and their effect of the way business is conducted; the effect of language and language usage; traditions

Aim

The course is aimed at creating an understanding of cultural issues pertaining to large international projects with multi-national participation. Students will obtain skills and knowledge to that extent.

Method of Teaching

Lectures, seminars and student presentations

Prerequisites

None

Range of Use

Essentials skills for the successful discharge of business in foreign countries and/or with foreign nationals

Duration

1 Semester

Workload

4 hours per week

Credits

6 ECTS

Examination

To be announced

Number of Participants

Max 12

Training and development

Tutor/Professor

Dallas Reese

Topic

Enabling and promoting lifelong learning, career planning and adaptation by workers and managers to the skills demands of being employed.

Contents

·         Introduction to T&D

·         Demographics and the need to train

·         Motivation, ability and performance management

·         Setting performance standards

·         Behaviourism, cognitivism, and humanist theories of learning

·         Effects on commercial practice

·         On-site training methods

·         Off-site training methods

·         Management development

·         Social concerns in T&D

Aim

The aims of the course are to prepare graduates for the management tasks of planning their own career paths and updating their skills as necessary, and to prepare them to act as leaders, guides, mentors and coaches for their own lesser qualified subordinates. The course also constitutes a specialization for personnel managers.

Method of Teaching

Seminars

Prerequisites

None

Range of Use

In all parts of all commercial enterprises

Duration

1 Semester

Workload

4 SWS

Credits

5 ECTS

Examination

APL (examination or project)

Number of Participants

No limit

International Public Law

Professor

Prof. Dr. Friederike Diaby-Pentzlin

Subjects

International Public Law with an emphasis on International Economic Law.

Contents

1. Basics principles of international public law such as

¾     Subjects of international public law, their elementary rights and duties

¾     Sources of international public law

¾     Relation between International and National Law

¾     International Organisations, the UN system, the international justice system

2. Selected Issues of the international public order focussing on economic topics like the

¾     System of the World Trade Organisation

¾     Word Financial Order

¾     Transnational Corporations and Investment Protection

¾     International Law of the Environment

¾     International Law of the Sea

¾     ILO and International Labour Law

Aim

Students are able to identify questions of international public law, know how to deal with international norms and are able to apply them to practical problems and cases.

Method of Teaching

2 hours of interactive lectures

2 hours of exercises, case studies

Prerequisites

Good general knowledge of Civil and Public Law

Range of Use

Links to diverse topics of international business administration.

Duration

1 Semester

Workload

4 hours per week

Credits

6 ECTS

Examination

120 minutes written exam at the end of the course (case solution as practised)

Number of Participants

up to 25 students

Transnational Regimes for Transnational Corporations

Professor

Prof. Dr. Friederike Diaby-Pentzlin

Subjects

Soft and hard law on obligations for transnational corporations

Contents

The seminar discusses possible ways to hold transnational corporations responsible for applying certain standards in their economic, social, environmental and political behavior. Actual attempts to frame transnational economic activities for the benefit of the diverse interests in global world will be looked at (e.g. labour, health, gap between poor developing and rich industrialized countries). An emphasis is laid on the problems of developing countries and the issue of international development law. Some of the approaches to be looked at are:

¾     Codes of conduct, marks of quality

¾     The concept of corporate social responsibility

¾     Liability in a group of companies

¾     Extraterritorial application of national law

¾     Regional law

¾     Transnational Corporation as subjects of international public law

¾     International development law

Aim

The students understand normative attempts to overcome gaps in controlling activities of transnational corporations. Students are empowered to discuss questions of actual legal policy issues in an informed way by taking the perspectives of diverse stakeholders in a global world (perspective of investors and stakeholders in their home countries as of stakeholders in the host countries of investments).

Method of Teaching

Seminar work with presentations by students

Prerequisites

Good general knowledge of Civil and Public Law

Range of Use

Links to diverse topics of international business administration.

Duration

1 Semester

Workload

4 hours per week

Credits

6 ECTS

Examination

Presentation (single or group) will be graded

Number of Participants

up to 25 students

Export Marketing

Tutor/Professor

Prof. Dr. K.Reese

Contents

The guaranteed and possible advantages of exporting to

the firm are discussed, as well as: target market selection,

export readiness check-up, risk analysis (commercial and

political), export insurance, packaging, labelling,

documentation and insurance.

Aim

Competence in export promotion, coupled with an

understanding of interconnecting problems associated

with international exposure

Method of Teaching

Seminars

Prerequisites

Competency in English

Duration

1 Semester

Workload

Each week:

4 hours of seminars

4 hours of homework

In total: 128 hours

Credits

5 ECTS

Examination

written exam of 120 minutes

Number of Participants

open

 Business Communication

Tutor/Professor

Mrs. D.Reese

Contents

- Definition of communication

- Culture, customs, and communications

- Formality and informality in communication

- Accuracy, appropriateness, and communications

- Communication and the external business environment

- Internal structure, strategy, and communication

- Media and communication

- Channels and communication

- Making your choices

Aim

The students are trained in the theory and practice of being effective and skilled communicators

Method of Teaching

4 contact hours per week (SWS), in the form of seminars, plus practical project

Prerequisites

Essential skills for international commercial effectiveness in any subject area

Duration

1 Semester

Workload

128 hours

Credits

5 ECTS

Examination

Written examination (K 90) and project work (PA) including oral presentation.

Number of Participants

20

Intercultural Practice Project

Tutor/Professor

Mrs.Narangerel Tsendbaatar

Contents

The course is designed for exchange students at the business department. The project will give the students the opportunity to gain insight into business processes of German enterprises and administration. The hosting enterprise or administration authorities will give the students a task including an international aspect.

Aim

The students will get insight into business processes of German companies / administrative authorities. They will work on a task in a real business context. This will strengthen the communication competences of the students. At the same time practical skills such as planning the task,

keeping records of the work and presenting results will be trained.

Method of Teaching

The Intercultural Practice Project will be offered during the two project

weeks of the University of Wismar. During the input and preparation phase classes are offered for the whole group. During the internship each student will be placed individually or in a small group in a company or an

administrative authority. For the final presentation and deliberation we will again have in-class lectures for the whole group.

Prerequisites

No prerequisites

Duration

1 Semester

Workload

4 hours per semester

Credits

5 ECTS

Examination

At the end of the course all students have to give a presentation

and pass an oral exam evaluating their participation.

Number of Participants

Max. 20

PC-Business Simulation Game Ludus

Tutor/Professor

Herr Beifert

Subjects

Business Simulation Game

Contents

1. Preparing case studies in Management Accounting
2. Business strategy and Management
3. Business Simulation Game
- Analysis of the starting situation
- Preparing rounds
- Main Rounds
- Discussion of the results
- Business Report

Aim

LUDUS is a PC-based Business Simulation Game where up to 6 companies are competing on 3 markets namely Germany, EU and NAFTA. Each company has a board of directors consisting of students being responsible for all economical decisions. The main decision fields are marketing, production, logistics and finance. The game is played in several rounds

(usually up to 6 ) and each company decision must be stored on a floppy disk. To manage the game there is a special programme that must be installed on a PC.

Method of Teaching

Seminar in a PC-lab

Prerequisites

- Basics in BA

- Spread Sheets (EXEL)

- Basics in Accounting and Costing

- Management Accounting (not mandatory)

Range of Use

Many links to Controlling “International Management and "International Marketing"

Duration

1 Semester

Workload

4 hours per week

Credits

6 ECTS

Examination

Business Report 6 Oral Exam at the end of the course

Number of Participants

up to 25 students

Current Themes in Commerce

Tutor/Professor

Dallas Reese

Topic

The major emerging issues that will determine the future nature of commercial life.

Contents

The exact content will vary from semester to semester, as issues emerge. However, the focus is on spotting and describing the nature and consequences of developing events that are capable of causing substantial disruption to the stability of business environments in the middle and long term unless these are suitably strategically accommodated. Some enduring dilemmas include various factors causing disruptions to the labour market, energy supply, and access to raw materials. New communication and market structures and the consequences of the financial crisis are also enduring theme areas.

Aim

The aim of the course is to complement and put into a real world context the technical subject knowledge acquired in standard subjects.

Method of Teaching

Seminars

Prerequisites

None

Range of Use

In all parts of all commercial enterprises

Duration

1 Semester

Workload

4 SWS

Credits

5 ECTS

Examination

APL (project)

Number of Participants

No limit

German Language and Culture

Tutor/Professor

Mrs. M.Schmidt

Contents

For our exchange students we offer a course in "German Language and Culture" which is realized by the language center of the Wismar University. The students will be divided into groups according to their individual level in German.

Aim

Method of Teaching

Lectures and seminars

Prerequisites

Range of Use

Duration

1 Semester

Workload

4 SWS

Credits

5 ECTS

Examination

At the end of the course all students have to pass an oral examen evaluating their participation.

Number of Participants