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"The CDSB core courses and especially the electives are very useful because they equip us with solid skills in our field of research as well as in related fields." Kirstin Becker, CDSB

Course Catalog

Spring 2013


Course Type: core course

Course Number: ACC/TAX910

Credits: 6

Schedule

Type
From
To
Weekday
From
To
Room
Material
Seminar
13.02.13
29.05.13
Wednesday
17:15
18:45
O251


Course Type: core course

Course Number: ACC/TAX911

Credits: 6

Course Content

This course aims at students in accounting and taxation. The course is taught in a seminar-style format. Students present their own research and discuss the presentations of other students. Students are introduced in writing referee reports to (drafts of) papers. Allocation of topics will be determined in class.


Competences acquired

Students will learn how to present and discuss their own research results. They will become acquainted with acting as discussant for other topics. Additionally, they will learn how to write a referee report.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Seminar
13.02.13
29.05.13
Wednesday
13:45
15:15
SO115
13.02.13
29.05.13
Wednesday
15:30
17:00
SO115

Lecturer(s)


Course Type: core course

Course Number: ACC802

Credits: 8

Prerequisites

Basics in agency-theory and decision theory will be shortly repeated


Course Content

Objective: Understanding analytical papers

This course analyzes financial reporting from an information content perspective. Financial reporting is modeled as a signal to the capital markets about the realization of a random variable, which can be inter-preted as, for example, profit, turnover, or cash flow. Building upon the interpretation of financial reporting as an information source, several accounting concepts which differ according to recognition, accruals, or temporal aggregation are compared with respect to their information content for capital market participants.


Literature:

  • Christensen, J., J. Demski (2003): Accounting theory, McGraw-Hill; Macho-Stadler, I., J.D. Perez-Castrillo (2001): An in-troduction to the economics of information Oxford University Press;
  • Fudenberg, D., J. Tirole (1991): Game theory, MIT Press;
  • Osborne M.J., A. Rubinstein (1994): A course in game theory, MIT Press;

Requirements for the assignment of ECTS-Credits and Grades

Final written exam or interim presentation


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
18.02.13
27.05.13
Monday
13:45
15:15
O131

Lecturer(s)


Course Type: core course

Course Number: ACC902

Credits: 8

Course Content

This course investigates strategies of normative research with regard to International Financial Reporting Standards (IFRS) from an interdisciplinary perspective. In the first part of the course, we discuss the foundations of normative accounting research. In particular, we show how this research methodology can successfully be applied despite claims of its alleged impossibility. Furthermore, we compare the legal traditions of normative interpretation in the US and in Europe. In the second part, we analyze the existing system of IFRS from different conceptual approaches and develop grounds for their further general development as well as solutions.


Requirements for the assignment of ECTS-Credits and Grades

 

  • Written assignment


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
19.02.13
19.02.13
Tuesday
15:30
18:45
O251
19.03.13
26.03.13
Tuesday
15:30
18:45
O251
09.04.13
16.04.13
Tuesday
15:30
18:45
O251
30.04.13
28.05.13
Tuesday
15:30
18:45
O251

Lecturer(s)


Course Type: core course

Course Number: ACC903

Credits: 8

Course Content

This course will introduce participants to core themes and methodologies of economics-based (archival) empirical financial accounting research. We will consider the historical origins (“classics”), key seminal papers and current state of the art publications in the core areas in this field of accounting research. Those areas include:

  • Accounting information and security prices
  • Positive accounting theory / Earnings Management
  • Conservatism
  • Disclosure Research
  • International accounting research

Literature:

  • Kothari, S.P. (2001): Capital Market Research in Accounting, in: Journal of Accounting and Economics, Vol. 31, S. 105-231.
  • Beaver, W.H. (1997): Financial Reporting: An Accounting Revolution, Prentice Hall, 3rd ed.
  • Watts, R.L./Zimmermann (1986): Positive Accounting Theory, Prentice-Hall.

We will discuss selected individual papers for each of the areas we cover. 


Requirements for the assignment of ECTS-Credits and Grades

 

  • 100% final exam


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
26.02.13
26.02.13
Tuesday
11:45
15:45
O251/52
05.03.13
05.03.13
Tuesday
11:45
15:45
O251/52
12.03.13
12.03.13
Tuesday
11:45
15:45
O251/52
19.03.13
19.03.13
Tuesday
11:45
15:30
O251/52

Lecturer(s)


Course Type: elective course

Course Number: ACC915

Credits: 8

Course Content

This class covers current research areas in accounting and information economics, with an emphasis on analytical models and laboratory experiments. Depending on interests, topics may include strategic default, lying, and cheap talk; strategic versus fundamental uncertainty; applications of cooperative game theory and voting; departures from common knowledge of rationality; bubble, panics, and fair value accounting. The class is a mix of traditional lectures and student presentations.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
21.05.13
21.05.13
Tuesday
08:30
10:00
SO318
21.05.13
21.05.13
Tuesday
11:45
17:00
SO318
22.05.13
22.05.13
Wednesday
08:30
15:15
SO133
24.05.13
24.05.13
Friday
10:15
13:30
SO133
31.05.13
31.05.13
Friday
10:15
13:30
SO133
03.06.13
03.06.13
Monday
10:15
13:30
SO133

Lecturer(s)


Course Type: core course

Course Number: FIN802

Credits: 8

Prerequisites

Discrete-Time Finance, Mathematics


Course Content

Itô calculus, stochastic differential equations, Black-Scholes theory, hedging and arbitrage pricing of European, American, and exotic options, complete and incomplete market models, consumption-investment problems, term structure theory for volatility and interest rates, default risk


Literature

  • Shreve, S.E.: Stochastic Calculations for Finance II: Continuous-Time Models, Springer 2004
  • Hull, John C.: Options, Futures and Other Derivatives, Prentice Hall
  • Sondermann, D.: Introduction to Stochastic Calculus for Finance, Springer 2006

Requirements for the assignment of ECTS-Credits and Grades

  • Homework assignments
  • class participation
  • final take-home exam

 


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
21.02.13
21.02.13
Thursday
10:15
19:00
L9,1-2 room 009
22.02.13
22.02.13
Friday
10:15
19:00
L9,1-2 room 009
07.03.13
07.03.13
Thursday
10:15
19:00
L9,1-2 room 009
08.03.13
08.03.13
Friday
10:15
19:00
L9,1-2 room 009
Exam
25.04.13
25.04.13
Thursday
14:00
16:00
L9,1-2 room 009


Course Type: core course

Course Number: FIN803

Credits: 8

Prerequisites

The prerequisites for this course are a first-year doctoral level course in microeconomics that covers game theory and information economics (signaling, adverse selection, equilibrium refinements) and a first-year doctoral level course in econometrics that covers estimation and testing theory. Some familiarity with corporate finance and financial institutions at the level of a masters level course is also assumed, but not essential. If you have no prior knowledge of corporate finance, then some chapters in an MBA-level textbook (e.g. Brealey, Myers, and Allen, Principles of Corporate Finance, 8th edition, McGraw Hill 2006; Grinblatt and Titman, Financial Markets and Corporate Strategy, 2nd edition, McGraw-Hill 2000) would be useful.


Course Content

This course is intended to enable students to understand and conduct research in corporate finance. It is taught at a first-year doctoral level and combines two objectives. Firstly, participants learn the classic contributions to the theory of modern corporate finance and understand the main contributions to the field. Secondly, the course also introduces some of the main empirical contributions to the field and studies the main econometric and statistical techniques used in corporate finance. At the end of the course participants should be familiar with the main empirical and theoretical tools used in corporate finance.


 

  • Tirole, Jean: The Theory of Corporate Finance, Princeton University Press, Princeton 2006
  • de Matos, Joao Amaro, 2001, Theoretical Foundations of Corporate Finance, Princeton. Oxford (Princeton University Press)

For the syllabus please click here.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
05.04.13
05.04.13
Friday
08:00
19:00
L9,1-2 room 409
19.04.13
19.04.13
Friday
08:00
19:00
L9,1-2 room 409
03.05.13
03.05.13
Friday
08:00
19:00
L9,1-2 room 409

Lecturer(s)


Course Type: core course

Course Number: FIN901

Credits: 8

Prerequisites

Introductory exam (details are provided in the first session)


Course Content

This course includes FIN620: There is abundant evidence suggesting that the standard economic paradigm of rational investors does not adequately describe behavior in financial markets. Behavioral Finance examines how individuals' attitudes and behavior affect their financial decisions. This course reviews recent research on possible mispricing in financial markets due to the nature of psychological biases. Moreover the course deals with behavioral finance models explaining investor-behavior or market anomalies when rational models provide no sufficient explanations. Topics will include among others overconfidence, prospect-theory, heuristic-driven biases and frame dependence.
Behavioral finance applies scientific research on human and social cognitive and emotional biases. After completing this course, students will be able to better understand economic decisions and how they affect market prices and returns. They will know how behavioral findings are integrated with neo-classical theory.

For further information please refer to: bank.bwl.uni-mannheim.de/130.html

During the term, current research papers in behavioral finance and its decision theoretic foundations will be discussed and presented by the course participants.
Start date paper discussion: Tuesday, March 05, 2013 in L5, 2, Room 107 at 13:45 (attendance mandatory).

For further information about the paper discussion please go to: weber.bwl.uni-mannheim.de/149.html


 

  • Barberis/Thaler (2003): A Survey of Behavioral Finance, in: Handbook of the Economics of Finance, Chap. 18, 1054-1123.
  • Glaser/Nöth/Weber (2004): Behavioral Finance, in: Blackwell Handbook of Judgment and Decision Making, Chap. 26, 527-546.

Requirements for the assignment of ECTS-Credits and Grades

  • exam
  • presentation

Paper presentation: mandatory meeting on Tuesday, March 05, 2013 in L5, 2 Rm 103, 13:45 (attendance mandatory).


The papers for the Paper Discussion series will be chosen in the first session. Attendance of the first session is mandatory. Ph.D. students who want to get credits for the course are allowed to miss one session. Professor Weber has to be notified of the abscence in advance.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
FIN620
14.02.13
31.05.13
Thursday
10:10
11:45
SN163
Kick-off session - FIN620
05.03.13
05.03.13
Tuesday
13:45
15:15
L5,2 room 102/103
12.05.14
28.05.13
Tuesday
13:45
15:15
L5,2 room 102/103
Tutorial
FIN620
20.02.13
31.05.13
Wednesday
12:00
13:30
SN163


Course Type: core course

Course Number: FIN910

Credits: 6

Course Content

For more information please click here.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Seminar
11.02.13
27.05.13
Monday
15:30
17:00
L9,1-2 room 001

Lecturer(s)


Course Type: elective course

Course Number: FIN804

Credits: 9

Prerequisites

E700-E703, E801-E806

for MMM: Applied Econometrics


Course Content

The course provides an advanced study of econometric techniques most often used in the empirical analysis of financial markets. This involves inter alia (long-horizon) regressions, the generalized methods of moments and maximum-likelihood estimation, hypothesis testing as well as topics from (multivariate) time series analysis. The econometric methods will be studied within their main field of application in financial economics, such as the predictability of asset prices, the assessment of present value relations, the empirical analysis of asset pricing models (CAPM, APT, etc.), the assessment of comovements among markets (e.g. cash and future), the modeling of volatility, etc.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
12.02.13
29.05.13
Tuesday
08:30
10:00
L7,3-5 P043
12.02.13
29.05.13
Wednesday
08:30
10:00
L7,3-5 P043

Lecturer(s)


Course Type: elective course

Course Number: FIN913

Credits: 8

Prerequisites

The course assumes some knowledge of probability theory and statistics and as well some knowledge of financial instruments and their valuation, including risk neutral valuation.


Course Content

This course includes FIN 660. Additional course material and additional exercises will be presented/discussed subsequent to the presentations in FIN 660.

Aim of module: Subjects of the course are conceptions for measuring risk, methods of a quantitative management of market risks and credit risks and approaches to risk based performance management and capital allocation.


Contents:
1. Risk Management and Risk Measurement
1.1 Risk Management
1.2 Risk as a Primitive
1.3 Conceptions of Risk
1.4 Risk Measures: Quantiles, Value at Risk, Expected Shortfall, Conditional Value at Risk
1.5 Appendix I: VaR/CVaR-Estimation
1.6 Appendix II: VaR based on Conditional Loss Distribution
1.7 Appendix III: Extreme Value Theory

2. Market Risks
2.1. Introduction
2.2. Calculation of VaR
2.2.1. Direct Approach
2.2.2. Risk Factor Approach and Delta-Normal Approximation
2.3. VaR for Single Financial Positions
2.4. VaR for Aggregate Financial Positions

3. Credit Risks
3.1 Introduction
3.2 Basic Credit Risk Models
3.3 Industry Models
3.4 Basel II
3.5 Valuation of Defaultable Bonds
3.6 Credit Derivatives

4. Risk Based Performance Management and Capital Allocation
4.1 Introduction
4.2 Return on Risk Adjusted Capital (RORAC)
4.3 Capital Allocation


Literature

  • Albrecht, P., R. Maurer (2008) : Investment- und Risikomanagement, 3rd ed., Stuttgart (Chapters 15 +16).
  • Christoffersen, P.F. (2012): Elements of
  • Financial Risk Management, 2nd ed., Amsterdam.
  • Hull, J.C. (2012): Risk Management and Financial Institutions, 3rd ed., Hoboken N.J.
  • McNeil, A., R. Frey, P. Embrechts (2005): Quantitative Risk Management, Princeton, Oxford.
  • Resti, A., A. Sironi (2007): Risk Management and Shareholders' Value in Banking, Chichester.

Requirements for the assignment of ECTS-Credits and Grades

  • written exam

Competences acquired

After a successful completion of the course participants are familiar with the most important risk measures and their parametric/non-parametric estimation, with methods of calculating the value at risk of individual financial positions and portfolios of financial instruments, especially the delta-normal-method. They also have a knowledge of the notion of credit value at risk and the most important credit risk models. Finally they are familiar with the concept of return on risk adjusted capital (RORAC) and the fundamental approaches to capital allocation.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
19.02.13
28.05.13
Tuesday
13:45
15:15
O328
Kick-off session - FIN660
19.02.13
19.02.13
Tuesday
15:30
17:00
O328

Lecturer(s)


Course Type: elective course

Course Number: FIN915

Credits: 8

Course Content

Content:

  1. Theoretical background, stochastic discount factors and GMM estimation
  2. Recent empirical asset pricing models
  3. Scaled returns, managed portfolios and scaled factors: The use of instruments in empirical asset pricing
  4. Linear factor models and the basic pricing equation (SDF and expected return beta representations)
  5. Regression-based tests of asset pricing models (Time series and cross sectional regressions, Fama-McBeth)
  6. A Relationship of GMM and Regression-based tests of asset pricing models
  7. Asymptotic theory of empirical asset pricing#

Important: the registration deadline for this course is January 15th!


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
30.01.13
30.01.13
Wednesday
10:00
19:00
L9,7 room 308
31.01.13
31.01.13
Thursday
08:00
19:00
L9,7 room 308
06.02.13
06.02.13
Wednesday
10:00
19:00
L9,7 room 308
07.02.13
07.02.13
Thursday
08:00
19:00
L9,7 room 308

Lecturer(s)


Course Type: core course

Course Number: IS802

Credits: 8

Prerequisites

Mathematics, Statistics, Java


Course Content

In this course, we develop the mathematical methods that are needed for the building of simulation models. At the beginning, generation and test of random numbers following a given distribution hypothesis are in the center. Thereupon, simple application scenarios are discussed and self-implemented in computer programs. Finally, the possibilities of computer support by existing simulation environments are analyzed for discrete and continuous simulation tasks.

 

  • Simulating Random Numbers from a Uniform Distribution
  • Quality of Random Number Generators
  • Transformation of Uniform Deviates
  • Generating Random Numbers from Specific Distributions
  • Queueing Theory

 

  • James E. Gentle: Random Number Generation and Monte Carlo Methods (2nd ed.), Springer-Verlag, 2003.
  • Paul Bratley, Bennet L. Fox, Linus E. Schrage: A Guide to Simulation (2nd ed.), Springer-Verlag, 1987.
  • Sheldon M. Ross: Simulation (4th ed.), Elsevier, 2006.
  • Donald E. Knuth: The Art of Computer Programming, Vol. 2 (3rd ed.), Addison-Wesley, 1998.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
19.02.13
31.05.13
Tuesday
10:15
11:45
L15,1-6 room 714/715

Lecturer(s)


Course Type: core course

Course Number: IS903

Credits: 8

Prerequisites

This course will be driven by discussion and as such you are expected to come prepared to each class. Each of you should come to class having read and thought about the articles/readings for the week. My suggestion is that you read each article once, underlining interesting points, and then take notes on each article. On the first day of class, each student will volunteer to lead the discussion on one reading of their choice from the readings for the 2nd through 6th class sessions. As discussion leader, you will pose questions for the others to answer and then provide your own opinions of the questions, after each participant has had the opportunity to provide his/her perspective.


Course Content

This course is designed to provide doctoral students an understanding of the theories developed by the IS field to explain IS phenomenon. Much of the re-search in IS draws upon theories from other disciplines, including industrial psychology, sociology, management, and marketing, in developing models to apply to an IS research problem. However, there is a small body of IS-specific theories which are relevant not only to IS research but to research in other disciplines. The majority of the course will focus on these latter theories. The course is designed for both information systems (IS) and non-IS Ph.D. students. The readings in the course will deepen the students’ understanding of the role of theory in understanding IT related organizational phenomenon and enhance their ability to theorize about IT related to their own various research themes. The objective is to provide students with exposure to theories, the use of theories in research, and the development of new theories to help them better create new or apply existing theories to their own research.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
24.06.13
24.06.13
Monday
09:15
12:15
L15, 1-6 room 214/215
26.06.13
26.06.13
Wednesday
09:15
12:15
L15, 1-6 room 214/215
28.06.13
28.06.13
Friday
09:15
12:15
L15, 1-6 room 214/215
01.07.13
01.07.13
Monday
09:15
12:15
L15, 1-6 room 214/215
05.07.13
05.07.13
Friday
15:15
18:15
L15, 1-6 room 214/215
08.07.13
08.07.13
Monday
09:15
12:15
L15, 1-6 room 214/215
10.07.13
10.07.13
Wednesday
09:15
12:15
L15, 1-6 room 214/215

Lecturer(s)


Course Type: core course

Course Number: IS904

Credits: 8

Course Content

This course provides an overview of qualitative research methods and their application in the field of Information Systems (IS). The course begins with an introduction to the basic principles and alternatives of conducting qualitative research by the instructor. The course then moves into an interactive design, where the students are required to summarize and discuss particular research papers and chapters on qualitative research methods as well as exemplified applications of these methods in the field of IS. The students may also illustrate the application of particular methods based on own data or data provided by the instructor. Based on this preparation, the students are required to elaborate a research proposal in which they show how their own dissertation topic could be examined (either entirely, partly, or complementary) using a qualitative research approach.


Mandatory Literature:

 

  • Robert K. Yin, Case study research: design and methods, 4th Edition, 2009
  • Miles, M.B., and Huberman, M.A. Qualitative Data Analysis: An Expanded Sourcebook. Sage Publications, Thousand Oaks, CA, 1994.
  • A collection of papers will be provided prior to the course in electronic form.

Requirements for the assignment of ECTS-Credits and Grades

The course will be graded based on the contributions of the students during the course as well as based on the final proposal, which has to be presented in form of an oral presentation at the end of the course and in form of a written research-in-progress paper. Details about the proposal will be provided during the course.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
12.06.13
12.06.13
Wednesday
10:00
16:00
L15,1-6 room 712
13.06.13
13.06.13
Thursday
10:00
16:00
L15,1-6 room 712
03.07.13
03.07.13
Wednesday
10:00
16:00
L15,1-6 room 712
04.07.13
04.07.13
Thursday
10:00
16:00
L15,1-6 room 712

Lecturer(s)


Course Type: elective course

Course Number: IS911

Credits: 8

Course Content

This course covers principles and foundations of context-aware computing. Approaches to context acquisition, reasoning and management are presented and current trends in research are discussed.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
14.02.13
30.05.13
Thursday
10:15
11:45
L15,1-6 room 214/215

Lecturer(s)


Course Type: elective course

Course Number: OPM/IS910

Credits: 6

Schedule

Type
From
To
Weekday
From
To
Room
Material
Seminar
11.02.13
11.02.13
Monday
12:00
13:30
L9,1-2 room 009
13.02.13
13.02.13
Wednesday
12:00
13:30
L9,1-2 room 009
14.02.13
14.02.13
Thursday
15:30
17:00
O048

Lecturer(s)


Course Type: core course

Course Number: MAN801

Credits: 8

Course Content

This seminar will expose participants to the rich ecology of theoretical perspectives flourishing in management research. This will enable students to understand basic concepts, find appropriate theoretical concepts and lenses and apply them properly to their individual research topics. Students are invited to develop creative research proposals worthwhile to be developed into a strong dissertation based upon well grounded theoretical perspectives. The course will be taught in English.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Seminar
08.02.13
31.05.13
Friday
11:00
16:00
L9,1-2 room 210

Lecturer(s)


Course Type: core course

Course Number: MAN803

Credits: 8

Course Content

This course transmits knowledge about econometric methods and their application in empirical entrepreneurship and management research. Students will be able to understand and apply quantitative methods for analyzing various entrepreneurship and management related research questions, such as entry determinants of entrepreneurship, firm performance, organizational change, human resource management and strategic management.
Students will be introduced to the theory and the application of econometric methods (such as advanced regression analyses, structural equation models, and hierarchical linear models) in management and entrepreneurship research. The application will be demonstrated with practical examples and exercises using general purpose software packages such as SPSS, as well as more specialized programs such as AMOS.
By the end of the module students will:

  1. gain an overview of various quantitative methods, namely
    • Regression models (generalized linear model)
    • Factor analysis
    • Full structural equation models
    • Hierarchical linear models
    • Panel and growth curve models
    and their application in the field of management and entrepreneurship research by using different software packages such as PASW 17, AMOS and SYSTAT 10.
  2. master several challenging new themes in the area of entrepreneurship research.

Requirements for the assignment of ECTS-Credits and Grades

  • Students are expected to apply the acquired methodical knowledge and deliver an individual term paper by the end of the semester to demonstrate their ability to analyze an empirical research question.
  • end-term exam

Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
15.05.13
17.05.13
Wednesday, Thursday, Friday
09:00
17:00
O226/28


Course Type: core course

Course Number: MAN804

Credits: 8

Prerequisites

MAN801 Advances in Strategic Management


Course Content

This class will address advanced topics in International Management. Participants will be familiarized with selected theories in international management, and will apply these theories to strategic and organizational issues firms face when internationalizing. We will start discussing classical perspectives as well as modern approaches that build a theoretical foundation for the following sessions. We will then turn our attention to contingencies that foster (or hinder) firms' internationalization. We first turn our attention to a topic that has received raising attention in recent research: a firms embeddedness in local versus cross-local clusters and networks. We then discuss competitive issues that firms face when internationalizing, especially on the level of corporate strategy. In that vein we analyze a most recent phenomenon, MNE from emerging markets, and try to detect whether resource exploration or exploitation can be attributed as a source of their success. We finally turn our attention to the avenues firms pursue in internationalizing and dispersing their value chain, alliances and networks. We lay a special emphasis on the dynamic aspects of dyadic as well as network relationships. We hope to enable students to understand the basic ideas of the readings, find appropriate theoretical concepts and lenses and apply them properly to their individual research topics.



Course Type: core course

Course Number: MAN901

Credits: 8

Course Content

The course 'Corporate Governance' addresses the various systems of corporate governance that can be found in a global competitive market. Major factors in shaping these different systems of corporate governance are national institutional arrangements in the areas of capital, management, and labor. The interplay of these arrangements and, in particular, effects on the competitiveness of national systems are examined in this course. In the case of Germany a focus is put on empirical studies with regard to effects of codetermination on corporate governance. Theoretical frameworks, design of empirical studies, research methods and interpretation of results are in the center of analysis.


Content:

1.Introduction
1.1 Organization of the course
1.2 Framework for the analysis of research in Corporate Governance
2.Introduction to Corporate Governance
2.1 Corporate Governance – definitions and research issues
2.2 Theoretical Foundations of Corporate Governance
2.2.1 „Classical“ (neo)institutional approaches
2.2.2 Stewardship Theory
2.2.3 Stakeholder Theory
2.2.4 Institutional Theory
3. Comparative View on Corporate Governance Systems
3.1 The US-American Corporate Governance System
3.2 The German Corporate Governance System
3.2.1 Characteristics of the German Corporate Governance System
3.2.2 Mitbestimmungsforschung und wissenschaftstheoretische Positionen
4.Central Topic of Analysis: Board of Directors (BoD)
4.1 Current status of research
4.2 Analysis of studies regarding BoD - US/Germany


 

Requirements for the assignment of ECTS-Credits and Grades

  • 30% presentation
  • 70% seminar paper

 


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
Kick-off session
04.03.13
04.03.13
Monday
11:00
13:00
L9,7 room 308
02.05.13
02.05.13
Thursday
08:00
15:00
L9,7 room 308
05.05.13
05.05.13
Friday
09:30
13:30
L9,7 room 308
06.06.13
06.06.13
Thursday
09:30
17:30
L9,7 room 308
07.06.13
07.06.13
Friday
14:00
17:30
L9,7 room 308


Course Type: core course

Course Number: MAN902

Credits: 8

Prerequisites

Master-level knowledge on organization and management


Course Content

Besides a brief overview of important organizational theories, this seminar addresses selected organizational theories in an interactive approach. In particular, the participants and the lecturer critically discuss the basic assumptions of selected theories, their emergence and evolution, key contributions, applications as well as potential future development paths. The students gain thorough and detailed knowledge about relevant organizational theories and critically reflect upon them. The course puts specific emphasis on the application and development of theories in the context of the particular fields of research. On this basis, direct links between the theories and the research projects of the participants may be achieved. Then, important challenges of conducting and publishing theory-based research projects in the fields of organization and management are discussed.


Please register via Email (orga@bwl.uni-mannheim.de).


Requirements for the assignment of ECTS-Credits and Grades

  • In-class presentations and assignments

Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
20.02.13
20.02.13
Wednesday
15:30
19:00
O048
17.04.13
17.04.13
Wednesday
08:30
17:00
O048
18.04.13
18.04.13
Thursday
08:30
17:00
O048


Course Type: core course

Course Number: MAN910

Credits: 6

Course Content

For more information please click here.


Lecturer(s)


Course Type: core course

Course Number: MKT802

Credits: 8

Course Content

This course is designed to provide students with a strong theoretical background in order to understand the functioning of instruments, activities, models, and decisions of marketing. Knowledge of these theories can then be used in order to describe, explain and predict both consumer buying behavior and managerial decision making. Gaining a profound understanding of theories and models of psychology, sociology, micro-economics and behavioral science as they pertain to marketing and consumer behavior will develop and facilitate the students' ability to conduct sound academic research and help them to derive hypotheses for their own research projects. For course details, click here.


Requirements for the assignment of ECTS-Credits and Grades

  • Presentation
  • homework assignments
  • class participation

Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
23.04.13
23.04.13
Tuesday
09:00
10:00
SO115
07.05.13
04.06.13
Tuesday
09:00
15:00
SO115

Lecturer(s)


Course Type: core course

Course Number: MKT803

Credits: 8

Course Content

The goal of this course is to provide insights into research and content issues in Consumer Behavior. Students will read key research papers on important topics and critically evaluate the studies. This course takes an ‘information processing’ perspective to examine consumer behavior. The key focus will be to examine how consumers process marketing stimuli and make decisions. This includes topics such as motivation, attention and comprehension, memory, attitudes and attitude change, and decision making models. Both classic and current papers on these topics will be discussed. Students will be expected to read assigned articles prior to class and be prepared to discuss them.


Requirements for the assignment of ECTS-Credits and Grades

  • Paper Presentations - (25%): Students will be asked to make short presentations of assigned papers to lead a discussion on a particular article or topic. This involves a short summary as well as a set of 4- 5 discussion questions.
  • Class participation (25%): Students are expected to participate in the discussions on the research articles.
  • Research Proposal (50%): Each student will write a research proposal in one of the topic areas discussed in class.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
06.05.13
06.05.13
Monday
14:30
18:00
L5,1 Roche Forum
08.05.13
08.05.13
Wednesday
09:00
12:00
L9,1 room 409
13.05.13
13.05.13
Monday
09:00
12:00
L5,1 Roche Forum
14.05.13
14.05.13
Tuesday
09:00
12:00
L5,1 Roche Forum
16.05.13
16.05.13
Thursday
09:00
12:00
L5,1 Roche Forum
17.05.13
17.05.13
Friday
09:00
12:00
L5,1 Roche Forum

Lecturer(s)


Course Type: core course

Course Number: MKT901

Credits: 8

Prerequisites

MKT801


Course Content

This course aims at preparing students to formulate their own marketing research problems (e.g., as parts of their dissertation projects), to shape their contribution with respect to the existing litera¬ture, and to identify the necessary data and methods to conduct their research projects. As benchmark for the students' research projects, the actual standards with respect to innovativeness, relevance, and rigor of the leading international marketing journals will be applied. Furthermore, implications for practice have to be considered. In this course, students will develop their own marketing research projects (e.g., as parts of their own dissertation projects). In presentation sessions, students will present their research project to all participants of the class and to the instructor. Discussions among participants as well as the instructor's feedback aim at strengthening and refining the positioning and the contribution of the individual projects. Students in the first year of their Ph.D. studies can thus use this course to get important insights for the preparation and refinement of their dissertation proposal. At the beginning of the course, objectives, general guidelines, and best practices for developing impactful research projects will be provided in a kick-off meeting. Furthermore, best practices how to get published in leading journals will be discussed. Then, students will start developing their projects. Students are not limited with respect to the choice of their individual research topic; however, it is made in accordance with the instructor. Students will prepare the project by developing a presentation containing the positioning and research questions, a brief literature review, the theoretical foundations and research hypotheses, as well as an outlook on potential methodological approaches (such as obtaining and analyzing adequate data). Students will present their research projects. Based on the course participants' and the instructor's feedback, students can update and refine their research projects.


Kick-off meeting:

 

  • Identifying and positioning impactful research projects (sources of inspiration,, relevance of topics, requirements regarding data and analysis, journal choice)
  • Paper writing (journal-specific aspects, title, abstract and structure of a paper, writing a good introduction, clarity, proper use of literature)
  • Surviving the review process (prior to submission: friendly reviewing and copy-editing, journal-specific aspects, possible decisions, key success factors in a revision process)
  • Preparing research presentations (structure and content, general presentation recommendations)

The following literature has to be prepared for the kick-off meeting:

  • Davis, D. F., Golicic, S. L., Boerstler, C. N. (2011), Benefits and Challenges of Conducting Multiple Methods Research in Marketing, Journal of the Academy of Marketing Science, 39, 3, 467-479.
  • Erdem, T. (2010), Spanning the Boundaries, Journal of Marketing Research, 47, February, 1-2.
  • Gulati, R. (2007), Tent Poles, Tribalism, and Boundary Spanning: The Rigor-Relevance Debate in Management Research, Academy of Management Journal, 50, 4, 775-782.
  • Homburg, Ch. (2003), Publishing Processes in the Academic Marketing Discipline in the United States: A German Perspective, Journal of the Academy of Marketing Science, 31, 3, 348-350.
  • Huber, J. (2008), The Value of Sticky Articles, Journal of Marketing Research, 45, June, 257-260.
  • Jaworski, B. J. (2011), On Managerial Relevance, Journal of Marketing, 75, July, 211-224.
  • Kohli, A. K. (2009), From the Editor, Journal of Marketing, 73, January, 1-2.
  • Lehmann, D. R., McAlister, L., Staelin, R. (2011), Sophistication in Research in Marketing, Journal of Marketing, 75, July, 155-165.
  • Lilien, G. L. (2011), Bridging the Academic-Practitioner Divide in Marketing Decision Models, Journal of Marketing, 75, July, 196-210.
  • Reibstein, D. J., Day, G., Wind, J. (2009), Guest Editorial: Is Marketing Academia Losing Its Way? Journal of Marketing, 73, July, 1-3.
  • Stewart, D. W. (2009), The Role of Method: Some Parting Thoughts from a Departing Editor, Journal of the Academy of Marketing Science, 37, 4, 381-383.
  • Varadarajan, P. R. (2003), Musings on Relevance and Rigor of Scholarly Research in Marketing, Journal of the Academy of Marketing Science, 31, 4, 368-376.
  • Yadav, M. S. (2010), The Death of Conceptual Articles and Implications for Knowledge Development, Journal of Marketing, 74, January, 1-19.

Presentation sessions:

  • Presentation of own research project (positioning, research questions, theoretical background, hypotheses, method and data, potential outcomes and implications) with a maximum of 25 slides (about 40 minutes per project)
  • Discussion of projects with the instructor and wih the other participants (about 20 minutes per project)
  • Guidelines for improving the projects
  • The contact person for this course is Dr. Jana Prigge.
  • This course is especially useful for Ph.D. students in the second semester (in the first year) who have to prepare their dissertation proposal by August. The course is open to students of all areas in business administration. In particular, it is designed for students (Ph.D. or Master track 'Business Research') in the areas marketing, management, and information systems.
  • Please register online for this course via the CDSB-website by the due date.
  • The number of participants is limited to 12.
  • In addition to the registration and for the same deadline, students must indicate the research projects they want to present (topic plus abstract of about 300 words). Documents have to be sent by E-Mail to homburg@bwl.uni-mannheim.de.

Requirements for the assignment of ECTS-Credits and Grades

  • Presentation of the research project (60%)
  • active participation in the discussion of the other presentations (40%).

Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
Kick-off session
12.03.13
12.03.13
Tuesday
14:00
16:00
L5,1 Roche Forum
Presentation session
11.04.13
11.04.13
Thursday
09:00
12:00
L5,1 Roche Forum
Presentation session
17.04.13
17.04.13
Wednesday
09:00
12:00
L5,1 Roche Forum
Presentation session
18.04.13
18.04.13
Thursday
09:00
12:00
L5,1 Roche Forum

Lecturer(s)


Course Type: core course

Course Number: MKT902

Credits: 8

Course Content

The primary goal of Advances in Marketing Research is to help students prepare to conduct research which is publishable in the leading research journals in their respective disciplines. Hence, the feedback students receive will be consistent with that dispensed by the reviewers and editors of the most prestigious research journals in business (i.e., highly critical). Even when a manuscript is accepted for publication at a leading journal, the authors typically receive mostly negative comments on their work. It is important that students not take criticism of their research personally. To do so would be extremely ego deflating and would interfere with their subsequent performance on other assignments. Moreover, students need to develop the ability to accept and use criticism to be able to survive in the academic publishing world. Advances in Marketing Research is designed to assist doctoral candidates in acquiring a deeper understanding of the research process and a knowledge of the research tools which they will need to design and execute scientific research on behavioral and organizational issues in marketing. An effort is made to help the students develop research judgment as well as research skills so that they will be better able to assess when a proposed piece of research is likely to be fruitful and when it is not. Further information can be found on the Chair's website: kraus.bwl.uni-mannheim.de/89.html


Literature:

 

  • Donald T. Campbell and Julian C. Stanley, Experimental and Quasi-experimental Design for Research, Chicago: Rand McNally, 1963.
  • Thomas D. Cook and Donald T. Campbell, Quasi-Experimentation: Design and Analysis Issues for Field Settings, Chicago: Rand McNally, 1979.
  • Selected articles to be distributed prior to each session.

 


Paper Presentations and Class Participation:
You will repeatedly be asked to make 20-30 minute presentations of assigned papers and to contribute to specific questions in class. Therefore you will have to prepare to lead a discussion on a particular article or topic. Furthermore, it is expected that every student will be prepared to knowledgeably discuss assigned reading materials each class meeting. The class participation grade will be determined in part by contributions to class discussions and prepared presentation performances.
Final Exam:
There will be a final examination. The exam will be comprehensive, covering all materials assigned and discussed during the course.
Independent Research Report (IRP):
Each student will prepare and present to the class a 15-20 page typewritten, double-spaced IRP. This IRP is the partial design of a study which represents an extension/improvement of an existing empirical study. The topic of the IRP will be determined by each student with the professor's approval. Each IRP will be copied and distributed to all class members. All IRPs will be presented in one of the last session of this course.


 

Requirements for the assignment of ECTS-Credits and Grades

  • Grading is based on paper presentations and class participation during the course including summaries and critiques (20%)
  • an final exam at the end of the course (30%)
  • and the independent research reports (oral and written) (50%).

Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
15.02.13
31.05.13
Friday
10:00
14:00
L9, 1-2 room 009


Course Type: core course

Course Number: MKT910

Credits: 6

Course Content

For more information, please click here.



Course Type: core course

Course Number: OPM802

Credits: 8

Prerequisites

Fundamentals in mathematics and statistics


Course Content


Key topics include:

  • stochastic processes
  • Markov chains
  • stochastic dynamic programming
  • inventory theory
  • revenue management

The course is taught in a seminar-style format.  


Literature:

  • Porteus EL (2002).
  • Foundations of Stochastic Inventory Theory, Stanford Business Books. Puterman M (1994).
  • Markov Decision Processes: Discrete Stochastic Dynamic Programming, Wiley. Tijms HC (1994).
  • Stochastic Models: An Algorithmic Approach, Wiley. Zipkin P (2000).
  • Foundations of Inventory Management, McGraw-Hill. Talluri K, van Ryzin G (2004).
  • The Theory and Practice of Revenue Management, Kluwer Academic Publishers.

Requirements for the assignment of ECTS-Credits and Grades

Presentation during the course


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
19.02.13
28.05.13
Tuesday
15:30
17:00
SO318


Course Type: core course

Course Number: OPM901

Credits: 8

Prerequisites

OPM801 and OPM802


Course Content

The seminar series is supposed to be a regular non-mandatory meeting for members of the Area Operations Management, the Chair of Business Mathematics, and others. The focus is on presenting and discussing

  • ideas for further research
  • intermediate reports regarding ongoing projects, and
  • recent final results.

The seminar's designated target is to establish a discussion platform, to increase awareness of research conducted in the areas. Topics of presentations may cover all aspects being relevant in the field of Operations Management & Operations Research. All members of the areas are highly encouraged to contribute by presenting their work.


Requirements for the assignment of ECTS-Credits and Grades

  • Presentations during the course (50%)
  • writing referee report (30%)
  • active contribution to class discussion (20%)

Schedule

Type
From
To
Weekday
From
To
Room
Material
Seminar
12.02.13
04.04.13
Thursday
12:00
13:30
SO318
18.04.13
31.05.13
Thursday
12:00
13:30
SO318

Lecturer(s)


Course Type: elective course

Course Number: OPM/IS910

Credits: 6

Schedule

Type
From
To
Weekday
From
To
Room
Material
Seminar
11.02.13
11.02.13
Monday
12:00
13:30
L9,1-2 room 009
13.02.13
13.02.13
Wednesday
12:00
13:30
L9,1-2 room 009
14.02.13
14.02.13
Thursday
15:30
17:00
O048


Course Type: core course

Course Number: ACC/TAX910

Credits: 6

Schedule

Type
From
To
Weekday
From
To
Room
Material
Seminar
13.02.13
29.05.13
Wednesday
17:15
18:45
O251


Course Type: core course

Course Number: ACC/TAX911

Credits: 6

Course Content

This course aims at students in accounting and taxation. The course is taught in a seminar-style format. Students present their own research and discuss the presentations of other students. Students are introduced in writing referee reports to (drafts of) papers. Allocation of topics will be determined in class.


Competences acquired

Students will learn how to present and discuss their own research results. They will become acquainted with acting as discussant for other topics. Additionally, they will learn how to write a referee report.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Seminar
13.02.13
29.05.13
Wednesday
13:45
15:15
SO115
13.02.13
29.05.13
Wednesday
15:30
17:00
SO115

Lecturer(s)


Course Type: core course

Course Number: TAX801

Credits: 8

Prerequisites

Basic knowledge of national and international tax law


Course Content

This course integrates tax law with tax planning in a national and an international environment. The main topics include

  1. Fundamentals of Tax Planning and Tax Neutrality
  2. The Choice of the Organisational Form
  3. Flat Tax and Dual Income Tax
  4. International Tax Planning
  5. Effective Tax Rates

The course gives guidance to those students who are interested in research on the impact of taxes on investment and financing decisions as well as on location decisions.


Please register at the chair's office (E-Mail: Steuern(at)bwl.uni-mannheim.de)


Lecture notes are available at the beginning of the term. 


Requirements for the assignment of ECTS-Credits and Grades

 

  • Seminar paper and presentation


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
22.02.13
22.02.13
Friday
13:45
17:00
O251
22.03.13
22.03.13
Friday
13:45
17:00
O251
12.04.13
12.04.13
Friday
13:45
17:00
O251
19.04.13
19.04.13
Friday
13:45
17:00
O251
03.05.13
03.05.13
Friday
13:45
17:00
O251
17.05.13
17.05.13
Friday
13:45
17:00
O251

Lecturer(s)


Course Type: elective course

Course Number: TAX912

Credits: 8

Prerequisites

Basic knowledge of national and international tax law


Course Content

This course considers in depth European tax law by analyzing the fundamental freedoms in context with taxation and by discussing European Court decisions and pending cases in context with the fundamental freedoms and direct taxation.
The course is recommended to those students who are interested in European tax law, court decisions and its impact on national taxation.


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
12.02.13
28.05.13
Tuesday
08:30
10:00
O251/52


Course Type: elective course

Course Number: TAX915

Credits: 8

Course Content

Measurement of effective tax burdens: different concepts and interpretations (backward-looking, forward-looking approaches; neo-classical models, model-firm approach, micro-simulation)

Impact of Taxation on (cross-border) financing and location decisions of multinationals
Taxation of R&D Investments
Taxation of Labour Income
Tax accounting and measurement of effective group tax rates


Schedule

Type
From
To
Weekday
From
To
Room
Material
Lecture
12.02.13
28.05.13
Tuesday
15:30
17:00
SO133

Register

Business Spring 2013

ACC/TAX910
Accounting & Taxation Area Research Seminar
ACC/TAX911
Brown-Bag Seminar Empirical Accounting & Tax
ACC802
Analytical Research in Accounting
ACC902
Normative Accounting Research
ACC903
Empirical Accounting Research
ACC915
Current Topics in Information Economics and Accounting
FIN802
Continuous-Time Finance
FIN803
Corporate Finance
FIN901
Behavioral Finance
FIN910
Finance Area Research Seminar
FIN804
Econometrics of Financial Markets
FIN913
Advanced Quantitative Risk Management
FIN915
Empirical Asset Pricing
IS802
Simulation
IS903
Information Systems Theories
IS904
Qualitative Research Methods in Information Systems
IS911
Context-Aware Computing
OPM/IS910
Area Seminar
MAN801
Advances in Strategic Management
MAN803
Applied Econometrics in Management and Entrepreneurship Research
MAN804
Advances in International Management
MAN901
Corporate Governance
MAN902
Advanced Organization Theories
MAN910
Management Research Seminar
MKT802
Marketing Theories
MKT803
Consumer Behavior
MKT901
Designing Marketing Research Projects
MKT902
Advances in Marketing Research
MKT910
Marketing Area Seminar
OPM802
Dynamic and Stochastic Models in Supply Chain Research
OPM901
Research Seminar Operations Management & Operations Research
TAX801
Business Taxation - Tax Law and Tax Planning
TAX912
European Tax Law
TAX915
Topics in International Taxation