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Methodenkompetenz
  • Know methods in game and decision theory.
  • Explain and interpret the assumptions of these methods.
  • Use methods and models on unknown decision situations. Calculate optimal solutions and equilibria.
  • Compare different methods for measuring and controlling risk and uncertainty in decision processes.
  • Evaluate decision methods in mini cases and find appropriate models for solving typical problems.
Fachkompetenz
  • Know the most prominent decision and game theories. They are aware of the important human biases in financial decision making.
  • Understand how rational solutions can be found by applying classical decision models and are aware of the differences between these model solutions and the solutions humans normally come up with.
  • Solve decision problems by using DT and GT models and methods. They find the strategic aspect of a problem and write it down into a simplified game/problem. They are able to use concepts and methods to solve those games and can predict the behavior of involved players.
  • Analyze games and decision situations and decide which approaches are useful to handle them.
  • Combine the knowledge from various areas to create a risk profiler for a better understanding of clients` needs.
  • Evaluate of Investments with EUT, MVT and PT.
Selbstkompetenz
  • repeat the contents of lectures, exercises and case studies in a self-organized way
  • assess their own learning progress during lectures, exercises, case studies and self-study (e.g., participation in discussions, solving exercises, presenting solutions)
  • identify their own strengths and weaknesses
  • tolerate different opinions and working styles (e.g., during classroom discussions, in online forums)
Sozialkompetenz
  • listen to the lecturer and their colleagues.
  • work together to solve the assignments of the case study, communicate with each other and give support.
  • evaluate themselves and their contribution in the team with relation to cooperation, communication and troubleshooting.
  • develop their social competences while working in a team and adapt these competences to optimize the result of the teamwork.
  • support other team members while presenting the results and provide proper argumentation for the solution path chosen in the case study.
Methodenkompetenz
  • replicate the content of the case study in the field of enterprise systems
  • discuss case studies with relation to models and theories in the field of Enterprise Systems.
  • solve different assignments in the case study while using different methods.
  • compare the as-is situation and possible solutions by identifying possibilities to improve a given situation.
  • develop new strategies for a successful implementation of enterprise systems along the case study.
  • evaluate different solutions regarding their value contribution and sustainability.
Fachkompetenz
  • are able to replicate fundamental concepts and definitions in in the area of Enterprise Systems, especially application systems like ERP, CRM, SCM systems.
  • understand the benefits of integrated enterprise systems for sustainable competitive advantage. Furthermore, they describe the importance of Enterprise Systems for process integration along the value chain.
  • solve assignments in the field of Enterprise Systems, especially case studies in the area of manufacturing and service delivery.
  • identify connections between types of application systems. They compare solutions with regard to their value contribution.
  • model an implementation process for successful adoption of an Enterprise System by an organization.
  • evaluate and choose suitable software solutions for organizations. They classify different solutions according to complex evaluation schemes and enable a thorough argumentation for the decision process.
Selbstkompetenz
  • Tolerate differing mindsets or solutions
  • Learn to communicate openly within your group and within the large audience
  • Develop a mindset of proactivity, curiosity and reflection ability
  • Differentiate important from unimportant information in a situation under time pressure
  • Justify your solutions and judgments within your team
Sozialkompetenz
  • Perceive and prescind thoughts and arguments from fellow students during class discussions.
  • Work jointly in groups on the solution of case studies.
  • Evaluate the results of fellow students compared to their own results.
  • Perceive new or alternative methods of resolution of fellow students and interrelate those to their own.
  • Represent and defend their own solution against criticism.
Methodenkompetenz
  • Describe the fundamental aspects of start-up compared to corporate entrepreneurship.
  • Define and interpret the prerequisites of these strategies.
  • Apply fundamental models of (Corporate) Entrepreneurship towards new situations.
  • Compare alternative models and approaches of (Corporate) Entrepreneurship, identify similarities and differences.
  • Determine different strategies and approaches of (Corporate) Entrepreneurship and evaluate those.
  • Judge if certain models resp. approaches of (Corporate) Entrepreneurship are applicable in concrete situations and choose the most appropriate ones.
Fachkompetenz
  • Know the relevant building blocks of Entrepreneurship & Family Firm Research, Corporate Entrepreneurship and Innovation Management and their instruments; know how to measure Corporate Entrepreneurship related to its performance advantages; know the concepts on how to create a company with the spirit of Corporate Entrepreneurship.
  • Understand the most important influencing factors for taking entrepreneurial decisions in either new or established enterprises, as well as in family firms.
  • Apply the instruments of (Corporate) Entrepreneurship correctly under different contexts.
  • Identify the constitutive influencing factors on entrepreneurial behavior and endeavors, regardless of company type, firm or size.
  • Develop appropriate entrepreneurial strategies according to the respective firm type and environment.
  • Evaluate entrepreneurial strategies and their applicability in different market situations.
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