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B E R G I S C H E
U N I V E R S I T Ä T
W U P P E RTA L
SchumpeterSchool
of Business and Economics
BUSINESS AND ECONOMICS
IN WUPPERTAL

2 · 3
SCHUMPETER SCHOOL
OF BUSINESS AND
ECONOMICS
Dear Reader,
As the dean of the Faculty of Business and Economics of the University of
Wuppertal, it is my pleasure to present you with our new faculty brochure
in English. It will give you an overview of our university and faculty, our
study programs and our research activities. You may also find interesting
facts about the City of Wuppertal, as well as details on our new faculty
name “Schumpeter School of Business and Economics”, which was first
introduced in the 2008/2009 winter semester and is fast becoming the
trademark of our faculty. Hopefully here you will find all the information
you need for taking Wuppertal into consideration as a place for studying
business and economics. Please do not hesitate to contact us for further
information: we will be happy to hear from you and also perhaps get to
know you within the next few semesters at the Schumpeter School.
Now, I would like to put the latest excellence rankings into focus: Very
recently, in October 2009, we were selected as one of the only 51 European
universities to be awarded the Seal of Excellence in Economics.
This seal honours the large number of citations we have in international
journals, the high level of mobility and internationality of our staff as well
as other factors. It shows that our faculty offers you both excellent study
and top research conditions.
At the start of the 2008/2009 winter semester UW’s Faculty of Business
and Economics was officially named the “Schumpeter School of Business
and Economics”, a step that reflects the emphasis on innovation in our
modern faculty and gives us a clearer profile in the university landscape.
When choosing a figure after whom a school, faculty or institution is to
be named, there are usually two alternatives: on the one hand the person
chosen may have had an historical or geographical connection with the
institution – in which case the name will not generally have programmatic
significance. We on the other hand took the “high road” and chose the
name of Joseph Alois Schumpeter, who was not a local resident, in order
to express the programmatic focus of the faculty with clarity.
Schumpeter’s comprehensive preoccupation with structural change, innovative
business concepts, innovation-supporting market structures, economics
education and the legal support for innovations has become the
hallmark of our orientation. At a time of increased social change these
topics are more up-to-date than ever. The long-established Wuppertal tradition
of interdisciplinarity in research and teaching is also reflected in
Schumpeter’s work. Our new name therefore, unambiguously indicates
what economics at the University of Wuppertal stands for.
Best regards
Prof. Dr. Michael J. Fallgatter, Dean
TABLE OF CONTENTS
PAGE 3 SCHUMPETER SCHOOL
PAGE 4 CITY OF WUPPERTAL
PAGE 6 UNIVERSITY OF WUPPERTAL
PAGE 7 FACULTY OF BUSINESS AND ECONOMICS
PAGE 8 STUDY PROGRAMS AND DEGREES
PAGE 14 PROFESSORS
JOSEPH ALOIS SCHUMPETER:
ECONOMIST, ENTREPRENEUR, POLITICIAN
. born: February 8, 1883 in Triesch (Austria, today Czech Republic)
H died: January 8, 1950 in Taconic (USA)
Academic posts
Main publications
p University of Vienna
p The Nature and Essence of Theoretical
p University of Czernowitz Economics (1908)
p University of Graz
p The Theory of Economic Development (1911)
p Columbia University, New York p Business Cycles (1939)
p University of Bonn
p Capitalism, Socialism and Democracy (1942)
p Harvard University
p History of Economic Analysis (1954)
p Das Wesen des Geldes (1970)

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THE CITY OF WUPPERTAL
GREEN AND HILLY WUPPERTAL
Wuppertal was founded in 1929 by merging the traditional industrial centers
of Elberfeld and Barmen, along with some smaller municipalities, into a
single city. Surrounded by wooded hills, the town expanded along the river
Wupper, which gave Wuppertal its name as a composition of “Wupper” and
“Tal”, meaning dale or valley.
Wherever you stand in Wuppertal, one of the city’s many parks or woodland
areas is only a few minutes’ walk away; a good opportunity to go jogging,
mountain biking or hiking in splendid natural surroundings.
Students will find ideal living and leisure conditions in Wuppertal. If they
decide to come here to start or continue their academic career, study will,
of course, be the main part of their life, but getting to know a different
culture, language and other people are also very important. Students will
find many bars, pubs and clubs here, as well as cinemas, museums and sports
and swimming centers. Our AIESEC organization and International Students
Team take care of all our international and exchange students.
So come and enjoy Wuppertal!
WUPPERTAL – AT THE CENTRE OF EUROPE
Once-in-a-lifetime float across Wuppertal! Many visitors come here to take
a ride on the world’s best known suspension monorail. Of course, Wuppertal
has much more to offer than that ride. The city’s location makes it a convenient
starting point for exploring the rest of Europe. Wuppertal has direct
access to the German Autobahn and to the national high-speed ICE train
network. In addition it is situated close to the international airports of Düsseldorf,
Dortmund and Cologne (all only half an hour away) which makes
Wuppertal an ideal base for a short trip to Amsterdam, Paris, Munich, or
Berlin – or even London, Barcelona or Prague. Wuppertal itself offers you
amazing surroundings with an extensive green belt, attractive areas of town,
a popular modern zoo and many other things. The famous Pina Bausch
dance group, celebrated museums and the welcoming inner city shopping
centers draw both the 350,000 citizens and many visitors to Wuppertal.

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“BERGISCHE UNIVERSITÄT –
THE UNIVERSITY OF WUPPERTAL”
Founded in 1972, the University of Wuppertal is still young. Its twin
goals are academic excellence in its individual disciplines, plus the consistent
development of the interface between these disciplines and the
world of practical experience – in other words, the transfer of knowledge
and know-how.
On its three campuses, covering more than 35 hectares, UW offers a
diverse range of programs in the natural sciences, engineering, economics,
and the humanities, as well as in the educational sciences, architecture
and design. With its seven faculties, UW provides almost 40 different
degree programs. Emphasis is placed on intensive interaction between
disciplines. The interdisciplinary focus in research and teaching is a direct
response to the demands placed on future young professionals. So it is
possible, for instance, to study business administration at the Schumpeter
School and at the same time engineering, sports or a foreign language. At
present, approximately 14,000 students from more than 100 countries
benefit from high level academic teaching at UW, and from the university's
commitment to research and international co-operation. They are supported
by about 1,200 staff members.
In general, studying in Germany requires self-discipline and self-reliance,
as well as soft skills such as motivation, language competence, teamwork,
responsibility and initiative. German universities see their task as preparing
students for leading positions in the academic world, public administration
and the economy where those qualities are a must.
The websites www.daad.de for Germany as a whole and http://hsw-international.de
for UW are specially designated for international students
interested in studying here.
FACULTY B – SCHUMPETER SCHOOL
OF BUSINESS AND ECONOMICS
The Schumpeter School offers a modern environment for studying Business
Administration/Management and Economics. The fully accredited
bachelor’s and master’s programs are taught by a highly motivated team
of professors, each of whom has an acknowledged profile in teaching and
research. Many relatively young professors have joined the faculty recently,
so we have an innovative generation combined with established and
experienced colleagues to create a new spirit. All in all we emphasize a
modern teaching approach with a sound methodological basis in classical
economics and leading edge theoretical and empirical research.
Many courses and research activities have an international focus and
strong links with real world problems and are thus embedded in the dynamics
of companies, markets and policy institutions. Some degree programs,
as well as several individual courses, are held in English. In addition
we are proud to offer an international Master of Science (MSc) program
in Management and Economics with a core option in internationalization
and economic policy which is completely held in English. In order to
avoid passive old-style learning schemes we encourage all students to be
actively involved in the learning and teaching process. Thus we offer a
wide range of practical opportunities in many fields of specialization, as
well as a strong focus on methodology and social skills.
Completing a degree requires hard work, intelligent specialization, skillful
organization and creative interaction with others. At UW’s Schumpeter
School you will have the opportunity to explore and develop your talents
and experience a study program that takes full account of your own preferences.
We are confident that you will then be in a position to pursue
a successful national or international career based on your studies and
the skills and networks developed during your years in Wuppertal.
THE UNIVERSITY’S SEVEN FACULTIES
A Faculty of Humanities
B Faculty of Business and Economics –
Schumpeter School of Business and Economics
C Faculty of Mathematics and Natural Sciences
D Faculty of Architecture, Civil Engineering, Mechanical Engineering
and Safety Engineering
E Faculty of Electrical, Information and Media Engineering
F Faculty of Art and Design
G Faculty of Educational and Social Sciences

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STUDY PROGRAMS AND DEGREES
BOLOGNA PROCESS
Today’s university system is strongly influenced by the Bologna process,
which aims to promote a common European Higher Education Area with
clear, standardized degree structures. Universities are therefore expected
to create frameworks which allow for the achievement of Bologna’s goals
in an efficient manner. These include greater flexibility, mobility and internationalization.
In line with this process, the Schumpeter School has adapted its degree programs
to the “consecutive bachelor/master degree model” now adopted
throughout Germany. The School offers, among other degrees, a Bachelor
of Science (B. Sc.), a Master of Science (M. Sc.), and a PhD.
BACHELOR
6 SEMESTER
MASTER
4 SEMESTER
DOCTORATE
3 YEARS UPWARD
Students normally have to achieve 30 credits per semester, each credit
being the equivalent of 30 hours’ work (“workload”) on the European
Credit Transfer System (ECTS) scale.
BACHELOR OF SCIENCE (B. SC.)
The Bachelor of Science (B. SC.) in Business and Economics is a six semester
program focusing on fundamental knowledge in the fields of business, economics,
law and methods (mathematics, accounting etc.). The program,
starting every winter semester, is divided into a foundation level (105 credit
points) and an advanced level (75 credit points) and includes a bachelor’s
thesis. The advanced level allows students to choose from a wide range of
modules and to focus on subjects of individual interest. The bachelor’s thesis
provides a suitable opportunity to develop one of these areas in a rigorously
academic way. With a bachelor’s degree students can either apply for admission
to a master’s program or immediately start their professional career.
MASTER OF SCIENCE (M. SC.)
The Master of Science (M. Sc.) is a four semester program offering six core options
(see following page). It can be started either in the summer or winter semester.
Each option provides a distinctive focus on a specific field of career opportunities
and consists of four compulsory modules, two elective modules out of
a specified range, plus one module which can be freely selected. Students have
to take written or oral examinations in each module; the modules carry 9 credit
points each. Additionally, students have to choose three seminars in which
credit points are obtained through a written paper and an oral presentation.
Finally, a master’s colloquium with a written paper and presentation has to be
completed, preferably in a field covered by current faculty research topics.
The master’s program leads students to acquire certain complementary skills:
they learn how to conduct independent scientific research and complete projects
on relevant topics within a team and under tight time constraints. They
gain solid analytical, scientific knowledge and learn how to employ modern
analytical approaches and techniques: the ability to work with both qualitative
and quantitative methods is crucial. On graduating, students will possess
advanced knowledge in identifying and understanding decision-making in
firms, markets and economic policy. On the basis of carefully selected information
gathering and analytical reflection they will be able to develop proposals
and adopt positions that are analytically well founded. Successful students will
be able to assess, and reflect critically upon, their own level of knowledge and
skills, including methodological approaches and communication skills. Thus
the basic elements of business and economics are linked with solid knowledge
of modern methods of analysis in the master’s degree.
The following prerequisites have to be met by applicants for the master’s program:
a completed bachelor’s degree or diploma in economics, business administration
or mathematical economics or an equivalent field of study. The minimum
grade required is “C” on the ECTS scale or 3.0 on the German scale.

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MASTER OF SCIENCE – CORE OPTIONS
Finance, Taxation and Auditing
This core option covers all aspects of financial economic decision making. It
includes corporate financing, asset management and taxation, as well as
accounting. The program covers a close study of the prevailing legal prerequisites
while evaluating and further developing the theoretical fundamentals
and models of economics and other related disciplines. It also deals with the
process of internationalization in accounting, relevant theories, such as game
theory or optimal taxation, the analysis of market and company data.
Entrepreneurship, Business Development and Innovation
The central theme of this core option is the establishment of a company and
its development through different stages. The integration of business, economic
and legal perspectives leads to a profound understanding of the structures and
processes in overall business development. There is a focus on new technologies,
different kinds of co-operations and the internationalization of global
organizations and markets. The core option also covers issues of economic
change through innovation in a national and global context.
Human Resources (HR), Labour Markets and Labour Law
The interrelation between HR and external labour markets is the main focus
of this core option. Theories of single and total economies, as well as legal
aspects, provide the background for the analysis of labour market processes.
This includes a business perspective (development, evaluation and control)
and an economic policy perspective. Institutional variance and its effects on
labour market processes are closely examined with the help of international
comparative analyses.
Logistics and Supply Chain Management
This core option focuses on the efficient planning and controlling of logistic
networks. It includes the fields of business, economics and IT, as well as special
methods. In this way logistic networks are covered from their economic premises
to their impacts. Problems of supply chain management and controlling
are also analyzed. Special advanced planning systems are used in tandem with
modern information and communication technologies. The focus is on modern
application systems, offshoring and real time controlling processes.
Marketing, Service Management and Competition
This core option includes the consideration of the customer and market orientation
of companies and of the behavior of companies in the market. Growing competition
between companies results in new kinds of marketing and services for the
consumer. Central themes are brand management, brand analysis, the development
of marketing strategies and controlling. This core option also emphasises
empirical methods of economics resulting in judgments about real world data.
Internationalization and Economic Policy
The option focuses on internationalization dynamics and international economic
integration with respect to globalization and its effects on firms, NGOs
and national and international economic policy, as well as corporate strategies.
Economic topics, as well as legal issues, will be integrated. Additionally, the
combination with econometrics provides a sound basis for standard and advanced
analysis. Students will acquire empirical analysis skills and analyze important
institutional aspects – including those of the digital knowledge economy.
Students will learn how to link economic theory and empirical analysis, and
apply standard and new approaches to economic policy and company strategies.
They will become familiar with how international law influences economic
policy. Developing theoretical models in international correlation and deducing
empirical hypotheses will be important in their analysis of studies concerned
with economic, corporate and political problems.
Postgraduate doctoral study
Students that have been awarded a Master’s Degree are entitled to take up
doctoral studies at German universities. Doctoral studies are classified as the
postgraduate phase of study. All faculties at UW award doctorate degrees with
a research doctorate usually taking three to five years to complete.

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OTHER STUDY PROGRAMS
Alongside our stand-alone bachelor’s and master’s programs, we also offer
interdisciplinary programs in the following contexts:
Industrial Engineering
The Faculty of Business and Economics and the Faculty of Electrical, Information
and Media Engineering offer an interdisciplinary bachelor’s and master’s
program for students interested in the fields of engineering and economics.
Scope for innovation will be analyzed from different perspectives, including
production, organization, cost effectiveness, market strategy and controlling.
The master’s degree program offers students the possibility to focus on one of
three core tracks: automotive, energy management or information technology.
Industrial Engineering in Transportation
Industrial Engineering in Transportation is offered both at bachelor’s and master’s
level at UW. It is an interdisciplinary program with economics and engineering
input, run jointly by the Faculty of Business and Economics and the Faculty of
Architecture, Civil Engineering, Mechanical Engineering and Safety Engineering.
The program includes construction and transportation engineering, urban development
and the environment and relevant hands-on experience.
Health Economics and Management
Health is one of the leading concerns of our age: from the viewpoint of industry,
politics and the health sector itself, it is not only a medical, social and demographic
challenge but also a key value-added factor. The Regional Competence
Center for Health Management and Public Health, an institute of UW’s Schumpeter
School of Business and Economics, is embedded within a regional network
of clinics, health authorities and insurance organizations that focus jointly on
this complex interface. New degree programs include a twin-track B. Sc. and
an MBA (to be followed by an M. Sc.) in Health Economics and Management.
Master’s Program in European Studies
This is an interdisciplinary program jointly organized by the Faculty of Humanities
and the Faculty of Business and Economics. The one-year master’s program
includes visits to the European commission and the renowned Gustav
Stresemann Institute in Bonn. Visits to the European Commission are also
included; a limited number of internships at the European Institute for International
Economic Relations (www.eiiw.eu) is available for students in the
master’s program.
EXPERIENCES OF FOREIGN STUDENTS
Zhonghua Zhao, 25, from China,
has been in Wuppertal for 2 years on a master’s program
After taking my bachelor’s degree in China I came here to focus on entrepreneurship
and management. The university’s good reputation in this field made
my decision quite easy to come to Wuppertal. When I started my first semester,
I found it very helpful that other students and the student services organization
made my beginning so easy, and I got in contact with other students. Also all
the professors are easy to reach and I have no difficulties making appointments.
Now I am writing my master’s thesis about “Entrepreneurship Controlling in
China” and I’m thinking about staying here longer even after my exam.
Lilla, 20, from the UK,
has been in Wuppertal for 1 semester on a bachelor’s program
I chose Wuppertal because it is one of Birmingham’s partner universities in the
ERASMUS program. To get along in the beginning it was very helpful that I
have friends who studied here as well and told me about the things to know:
e.g. the university internet connection, the bank account, or going shopping.
Nevertheless I had some problems at my start especially with everyday German
duties. Everything really starts on time and university life is much more structured
than in the UK, although there are many course options and double-offered
lectures to choose from. Another point that is really interesting is that Wuppertal
is quite near big cities like Dortmund and Cologne, and the living costs
are OK. All in all, I am quite happy to have chosen Wuppertal as the place for
my ERASMUS studies.
Darya, 23, from Tajikistan,
has been in Wuppertal for 1 semester on a master’s program
When I came here I did the 3-month university language course from the
Language Center, to be well prepared for German lectures. The group was very
mixed, with students from China, Central Asia, Turkey, and Russia, so I could
meet the first people. Now I am even doing my master’s degree together with
one of the girls. I live here in a “WG”, a flat-sharing community, with some
students from Russia, but I think I’ll get one of the student accommodations
within the next semester.

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PROFESSORS
The Schumpeter School of Business and Economics possesses a wide range
of chairs. Based on its interdisciplinarity, our faculty comprises of the following
fields: Business Administration with e.g. Service or HR Management, Marketing
and Controlling; Economics with a focus on entrepreneurship, finance,
policy and innovation; Methodology with statistics or operations research
plus Law; Business Psychology and Business Education.
To complete our research and teaching activities new chairs are being established
in the fields of Technology and Health management. All in all our
staff currently consists of 27 professors and 5 assistant professors together
with about 80 graduate assistants and another 90 undergraduate assistants.
With the new chairs we will expand these figures by 4 more professors and
junior professors each, as well as their assistants.
PROF. DR. CLAUS AHRENS
Chair of Civil Law
PROF. DR. GERHARD ARMINGER
Chair of Statistics in Economics
PROF. DR. JUR. WOLFGANG BAUMANN
Economic Law
PROF. DR. WINFRIED BAUSBACK
Chair of Public Law
PD DR. ANDRE BETZER
Finance and Banking
PROF. DR. JOHANNES GEORG BISCHOFF
Controlling
PROF. DR. STEFAN BOCK
Chair of Business Computing and Operations Research
PROF. DR. WERNER BÖNTE
Chair of Industrial Economics and Innovation Processes
PROF. DR. GÜNTER BORCHERT
Chair of Labor Law and Social Security Law.
PROF. DR. ULRICH BRAUKMANN
Chair of Business Administration Education and Entrepreneurship Education
PROF. DR. NILS CRASSELT
Chair of Controlling
PROF. DR. MICHAEL J. FALLGATTER, DEAN
Chair of Human Resource Management and Organization
PROF. DR. MANFRED FISCHEDICK
Dynamic Development
PROF. DR. HANS FRAMBACH
Microeconomic Theory
PROF. DR. PETER KAPPELHOFF
Chair of Methods of Economic and Social Research
PROF. DR. LAMBERT T. KOCH
Rector of the University of Wuppertal, Chair of Entrepreneurship and Economic Development
PROF. DR. NORBERT KOUBEK
Chair of Business Administration, Innovation and Production
PROF. DR. TOBIAS LANGNER
Chair of Marketing
PROF. DR. THORSTEN POSSELT
Chair of Retailing and Service Management
PROF. JOHN ROSSITER, PHD
Permanent Visiting Research Professor for Marketing
PROF. DR. RONALD SCHETTKAT
Chair of Economic Policy
PROF. DR. KERSTIN SCHNEIDER
Chair of Public Economics and Business Taxation
PROF. DR. UWE SCHNEIDEWIND
Sustainable Transition Management
PD DR. DIRK TEMME
Methods of Economic and Social Research
PROF. DR. STEFAN THIELE
Chair of Auditing and Accounting
PROF. DR. CHRISTINE VOLKMANN
Chair of Entrepreneurship and Economic Development
PROF. DR. GRIT WALTHER
Chair of Production and Logistics
PROF. DR. PAUL J.J. WELFENS
Chair of Macroeconomics, Jean Monnet Chair for European Economic Integration
PROF. DR. RAINER WIELAND
Chair of Economic Psychology
ASS. PROF. DR. HEIKO BREITSOHL
Human Resources and Organisation
ASS. PROF. DR. SEBASTIAN EICHFELDER
Business Taxation
ASS. PROF. JULIANE KÖBERLEIN
Health Management
ASS. PROF. DR. CHRISTIAN LOHMANN
Controlling
ASS. PROF. DR. JAREK KRAJEWSKI
Economic Psychology

Contact
University of Wuppertal
Faculty of Business and Economics –
Schumpeter School of Business and Economics
Gaußstr. 20, 42119 Wuppertal
website: www.wiwi.uni-wuppertal.de
Dean’s Office
Phone: +49 (202) 439 – 2436
Fax: +49 (202) 439 – 2889
e-mail: dekanat@wiwi.uni-wuppertal.de
Centre for International Contacts
Co-ordinator: Lydia Sarah Messingfeld
Phone: +49 (202) 439 – 2575
e-mail: international@wiwi.uni-wuppertal.de
Secretary: Monika Haseloff
Phone: +49 (202) 439 – 2548
Fax: +49 (202) 439 – 3852
e-mail: haseloff@wiwi.uni-wuppertal.de
Other important addresses
Central Student Advisory
and Counselling Service
Phone: +49 (202) 439 – 2595
e-mail: zsb@uni-wuppertal.de
website: www.zsb.uni-wuppertal.de
International Students Office
Phone: +49 (202) 439 – 3836
e-mail: aaa@verwaltung.uni-wuppertal.de
website: www.uni-wuppertal.de
Düsseldorf International Airport
43 km
Wuppertal
Cologne Bonn Airport
59 km
Imprint
PUBLISHER
EDITORIAL
CONCEPT AND DESIGN
PICTURES
Faculty of Business and Economics – Schumpeter School of Business and Economics
Prof. Dr. Michael J. Fallgatter, Dean; Prof. Dr. Paul J.J. Welfens, Prof. Dr. Tobias Langner;
Dipl.-Ök. Fabian Kehrenberg, Dipl.-Ök. Nils von der Crone, Dipl.-Ök. Wolfgang Kuhn,
Dipl.-Ök. Sarah Hellebrandt, Dipl.-Übers. Lydia Sarah Messingfeld
ENGEL UND NORDEN, Wuppertal
University of Wuppertal – Faculty of Business and Economics – Schumpeter School of
Business and Economics, Pressestelle and Archiv City of Wuppertal, Medienzentrum
Wuppertal, Timm Engelmeyer, Fabian Kehrenberg, Jan Bergfeld, Presseamt, Schumpeter
School Alumni, WI VisLab 2006, Zora Recker
PRINT Offset-Printing Figge, Wuppertal, 1.500 pcs © BUW 06/2010